billyj111 (OP)
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Deal Coin - P2P Lending Eco-system
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August 29, 2017, 12:01:25 PM |
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China Blocking ICO? What do you think about this?
NEO Already reacted to this statement
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PadenoM
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August 29, 2017, 12:05:20 PM |
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I saw the news as well, is it why it is goign down already?
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Fasity
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August 29, 2017, 12:11:09 PM |
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Its not a good one for Asian market
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thebatletbet
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August 29, 2017, 12:16:59 PM |
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ico is international market
maybe about ico from neo can blocking, transaction use bitcoin or altcoin can't detection , can't trace
and china not same USA with SEC can control in the world
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jbajde
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August 29, 2017, 12:24:05 PM |
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So far this news is affecting NEO price, but I think this is just a bump in the road and NEO will soon recover and reach new ATH. At least hope so  |
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hhttran10
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August 29, 2017, 12:27:05 PM |
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No, they will just regulate Chinese origin ICOs to make it safe for investors. They know 99% of ICOs are scams anyway.
ICOs also always say they ill not take US investors, but does it prevent the Amercans from buying up pretty much all ICOs?
In the case of Red Pulse. I think the regulations are out too close to their ICO sales day, and they dont have enough time to adjust to it, so they decided to leave out Chinese investors for the moment.
Selling an idea - white paper for 10mil seems reasonable, but 100mil+ (BANCOR) and 200mil+ (Tezos)? Good luck.
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PadenoM
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August 29, 2017, 12:28:28 PM |
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They blocked facebook as well but chinese still using it
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d-trix
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August 29, 2017, 12:31:00 PM |
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So far this news is affecting NEO price, but I think this is just a bump in the road and NEO will soon recover and reach new ATH. At least hope so Not only NEO, ongoing and future ICO's will be affected by this trending topic about ICO regulations from different parts of the world. |
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micheal34
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August 29, 2017, 12:45:46 PM |
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I think regulating it will be good thing, bcos most of them want to scam people
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Svelto
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August 29, 2017, 12:52:32 PM |
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It is not a good news for the companies raising funds through ICO since Chinese have strong purchase power. I guess the Chinese will have a way to go around it.
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Bitforking
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August 29, 2017, 12:53:28 PM |
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this is good, and I bet the first regulated ICO approved in China will for sure going to the moon.
otherwise, ICO to me is like a private fund raising while the fund raiser would not give a F to people who chipped in.
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Morphling
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August 29, 2017, 12:56:53 PM |
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i heard this, but i think it may be over-interpreted, ICO need Regulation, its good for a long term development, but its hard to block and it shouldn't be
most important, ICO is a trend, China goverment is so smart to against it
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bitcoinvestor
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August 29, 2017, 01:21:39 PM |
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i heard this, but i think it may be over-interpreted, ICO need Regulation, its good for a long term development, but its hard to block and it shouldn't be
most important, ICO is a trend, China goverment is so smart to against it
I agree Ico needs regulation. If China block ICO they can use unseen coin like DASh or XMr. I think ICO will move on with or without regulation. |
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nrvasquez
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August 29, 2017, 01:24:16 PM |
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China Blocking ICO? What do you think about this?
NEO Already reacted to this statement
it does not only happen to china, but also russia. I think their government sees things that can not be controlled and taken profit, so they reject it and will soon issue a regulation to ban such activities. |
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Mr. Net
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August 29, 2017, 01:27:05 PM |
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I wouldn't worry too much.
You have the US on the other side who is basically legitimising ICOs.
And we all know what happened to Bitcoin after China repeatedly supposedly banned it.
Look where we are now.
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Money Is Information
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BitcoinBus
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August 29, 2017, 01:28:24 PM |
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Another manipulation on market from China....
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NEUROSEED
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August 29, 2017, 01:34:43 PM |
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China Blocking ICO? What do you think about this?
NEO Already reacted to this statement
I don't think that will prevent the Chinese from investing in ICO. |
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djuvantebit
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Be a part of the revolution
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August 29, 2017, 01:47:56 PM |
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Has it happened already? i read they doing investigation on risk level of the ICO's in order to protect investors from losses. This means their finding points to excessive risk as per their metrics, the US SEC is on the same trail, this may lead to a major bearish trend considering china's purchasing power. i will be observing the response to this
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Sejorya
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August 29, 2017, 03:38:51 PM |
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... and i thouhgt china politic opens cryptomarkets at the moment.
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lonelygrimm
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August 29, 2017, 04:16:28 PM |
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how can they track their citizens who will invest/create an ICO ? or the regulation will effect to the outside china who will not accept invest from china people ? this news confuse me, it's hard to track where a transaction come from
i've read SEC will take an action too for ICO, but it's normal i think because the money funded from the ICO is very huge number, it can easily beat traditional markets.
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