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Alphi
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September 04, 2017, 01:00:29 PM Last edit: September 04, 2017, 01:20:53 PM by Alphi |
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http://bitcoinwiki.co/antshares-blockchain-completes-ico-securing-4-5m-and-microsoft-partnership/The problem that we have is that ANT Shares AKA NEO was itself launched from an ICO. The Chinese government has now issued a statement that all ICOs are to be refunded so if they enforce this then it could mean that the NEO developers will have to return all their funds to the original investors. "Individuals and organizations that have completed ICO fundraisings should make arrangements to return funds, said a joint statement from the People’s Bank of China, the securities and banking regulators and other government departments, that was posted on the central bank’s website."https://www.reuters.com/article/us-china-finance-digital/china-bans-initial-coin-offerings-as-illegal-fundraising-idUSKCN1BF0R7It's too early to say whether the Chinese government will enforce this but interesting times indeed. The bigger risk IMO is if NEO gets suspended from trading on Chinese exchanges because was an ICO.
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KARMA: KSc9oGgGga1TS4PqZNFxNS9LSDjdSgpC1B VERT: VgKaooA5ZuLLUXTUANJigH9wCPuzBUBv9H DOGE: DRN7pXid34o6wQgUuK8BoSjWJ5g8jiEs4e
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meccaflare0
Sr. Member
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Do the thing and you'll have the power.
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September 04, 2017, 01:01:00 PM |
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This china situation is creating a hell of a time to buy neo Anyone who think China won't come around to ICOs is nuts. Russia went to banning BTC to embracing. Anything is possible
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bravetheheat
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September 04, 2017, 01:06:09 PM |
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I cannot watch the CCTV video on youtube, it's a private channel. Anyway, it's impossible that CCTV will broadcast this ICO, if CCTV want to talk about blockchain they will talk about BTC or other coins, not this new coin. It looks to be fake.
I want to see more details about this coin.
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kazanchev
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September 04, 2017, 01:17:29 PM |
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I cannot watch the CCTV video on youtube, it's a private channel. Anyway, it's impossible that CCTV will broadcast this ICO, if CCTV want to talk about blockchain they will talk about BTC or other coins, not this new coin. It looks to be fake.
I want to see more details about this coin.
LOL what!?
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CryptoGreenT
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September 04, 2017, 01:22:55 PM |
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It's sale period on most coins LOL!!! This is a good moment to buy. Don't be afraid the market will recover shortly probably at the end of the month. It's improbable that China will ban ICOs since Neo is a smart contract platform and ICOs are fundamental for its success. Though I would wait to buy since I think prices will go lower. This is my prediction so don't take this absolute truth!
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InvestBuzz.com
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September 04, 2017, 02:00:26 PM |
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Chinese exchanges are not the only player in the game. Bittrex and Polo can't be touched by chinese regulators.
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Rogerdale
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September 04, 2017, 02:12:36 PM |
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Chinese exchanges are not the only player in the game. Bittrex and Polo can't be touched by chinese regulators. Without Chinese exchanges, most of ICOs wouldn't cost that much. How far will Red Pulse token go if it doesn't get to any Chinese exchange (which is quite likely)?
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AngusCanine
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To weird to live To rare to die
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September 04, 2017, 02:30:00 PM |
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this shit is going back to 0.0025btc
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CryptoGreenT
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September 04, 2017, 02:31:52 PM |
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Chinese exchanges are not the only player in the game. Bittrex and Polo can't be touched by chinese regulators. Without Chinese exchanges, most of ICOs wouldn't cost that much. How far will Red Pulse token go if it doesn't get to any Chinese exchange (which is quite likely)? I absolutely agree with this statement and I don't believe that icos will be banned definitely but they will be regulated since new icos are coming out like mushrooms and most of them are scams or at least projects without sense to exist.
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Ashara
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September 04, 2017, 02:46:24 PM |
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That happened a long time ago. Notice how the SEC has handled it. The SEC has accepted all ICOs that already took place. China cannot just do it differently now when they did not do anything for years. Antshares started in 2015. China could have done something about it for two years already, whilst OnChain (the private side) was working in tandem with the Chinese government. NEO has a digital identity functionality which makes it the very best public blockchain to comply with regulations out of the more than thousand cryptocurrencies currently available. Da Hongfei also stated that regulation of the cryptocurrency market would be a good thing. Also one has to keep in mind that all these regulations are only intended to protect Chinese investors and nothing but Chinese investors. Raising ICO money and trading on an exchange are two separate things. Just because one is not allowed clearly does not mean the other is not allowed. This also had been addressed earlier by the Red Pulse team. All this is temporary until regulation is in place. If you sold now, you just sold low and will probably buy high. I prefer to buy when everyone wants to sell and vice versa and even in the most chaotic of times my return on investment is still equal to Hazzado's who comes into this thread every now and then with the Wolf of Wall Street mentality.
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AngusCanine
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To weird to live To rare to die
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September 04, 2017, 03:20:37 PM |
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perfect time to sell low and by lower, this sell off doesnt stop here were hitting 0.0025 or less
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Marina17
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September 04, 2017, 03:53:26 PM |
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Oops, today the price of NEO is about $ 18. However, now all the coins are falling. Curious what will happen next...
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JohnDoe3490
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September 04, 2017, 04:03:49 PM |
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Oops, today the price of NEO is about $ 18. However, now all the coins are falling. Curious what will happen next...
What it always does after a crash . . . it will recover. Bitcoin was banned in China in 2013 and it recovered.
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classicneverdies
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September 04, 2017, 04:11:47 PM |
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Oops, today the price of NEO is about $ 18. However, now all the coins are falling. Curious what will happen next...
What it always does after a crash . . . it will recover. Bitcoin was banned in China in 2013 and it recovered. China is so funny. they have a big crypto market and destroy it, because they don´t understand this market. Even they could be the leaders of this segment and now some other countries will take their place. Long term this was avery bad desicion for them and their economy.
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bfons
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September 04, 2017, 05:04:39 PM |
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Rogerdale
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September 04, 2017, 05:21:18 PM |
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The cheapest electricity rate in Russia (in Irkutsk, Siberia) is 1 ruble ($0.017) per kWh. In Moscow people pay 5 rubles ($0.086) per kWh. Russian miners are already building mining farms in Irkutsk and even raised an ICO for that: http://ico-cryptofarm.net/
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Xandan
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September 04, 2017, 05:27:45 PM |
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Oops, today the price of NEO is about $ 18. However, now all the coins are falling. Curious what will happen next...
Things really don't look very good at this point after reading the clear statement of Chinese Authorities. I saw someone mentioned in reply about early Bitcoin's ban but that is one of only global currency which can not be compared with Neo at all. It was created for limited purposes but let's see what happens. Everything is in clouds and waiting for more clearness is only better way now.
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