Investors Beware: China to Give Death Penalty to ICO Traders?

[wpalczynski]

i think this guy summed it up really well in his post : https://www.reddit.com/r/NEO/comments/6xz6tl/how_china_banned_icos_and_how_you_can_benefit/
doesn't seem that bad to me, just people panic and sell. I'm buying up right now while the price is low.

Thanks for the article, it's a good read ! I'm personnaly waiting a bit more for the prices to go even lower.

[fia_naila]

What happened with this chinese ? After they sold much graphic board for ethereum mining. Now they banned the ico. Not onle banned next ico. But who trade ico token ? And that death penalty ? Omg this is the over reacting from china goverment.

Thanks god we have japanese and korean now. Also putin is in our side now...

[tranle789]

The current situation in China is very unstable. They constantly forbid the ICO from using the NEO platform and this made me lose a lot of property. I think the Chinese market is influential all over the world, if the government enacts certain laws then surely the Cryptocurrency market will be unstable in the short term.

[raiblock]

Aaaaand it happened. I wonder what will Japan and SK do. It's definitely a (low) blow imo but it makes coins a little cheaper to purchase so it's all good in the end? With the upcoming metropolis ETH might surface better in the end.

I don't know about death penalty though, it sounds so medieval and useless in this context. 

[coingrow]

This is hillarious. Has to be a joke. Its okay for CHina to trade with United States of AMerica and its arch rival,  Notrth Korea, but htey will hand or shoot people who indulge in trading. I smell bullshit

[HardFireMiner]

ICO = scam by definition, now even China says it.

Need more proof?

[Phil419She]

Is this really true?  I havent heard this news yet.  If this is really true,  boy am I glad i dont live in China.