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sui_generis
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September 04, 2017, 03:03:59 PM |
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The Monero community has been warning of the dangers inherent in presales, premines, instamines, masternodes and dev taxes since 2014. Coins that have any of these are existing on borrowed time. FINCEN has outlined what they consider a decentralized cryptocurrency very clearly, and the presence of any of the aforementioned features is a clear violation.
Intelligent people would do well to remove coins that violate these standards from their portfolios before the hammer comes down. And rest assured that it will. The wheel of justice turns slowly, but it grinds exceedingly fine. Dash, Zcash, Ethereum, and many others are going to be ground into a fine dust.
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mrjoy15
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September 04, 2017, 03:44:26 PM |
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I don't think so, this isn't so much about whales, it's about the news coming out of China. China is going to have all ICO's "investigated by local regulatory authorities," so they can control the ICO market- I read something like about it. Don't panic, keep clam.
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erikalui
Legendary
 Offline
Activity: 2632
Merit: 1094
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September 04, 2017, 04:00:01 PM |
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It's better to regulate the ICOs rather than just ban them saying they are not legit like what US did. This has affected the market too and all altcoin prices have reduced to 10% of their value as people feel that the coins would be worth nothing in the future. Banning them alltogether makes no sense and some ICOs have even been following the rules in various countries except for few that are obviously illegal.
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Onika84
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September 04, 2017, 04:01:07 PM |
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I don't think so, this isn't so much about whales, it's about the news coming out of China. China is going to have all ICO's "investigated by local regulatory authorities," so they can control the ICO market- I read something like about it. Don't panic, keep clam.
Thank you for your nice statement, and this is really makes me more comfortable when I heard some bad news about ICO and government regulations. Although this also created panic selling, and caused chaos in the market. Hopefully this moment will be over as soon as. |
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Cubus
Member
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Activity: 331
Merit: 14
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September 04, 2017, 05:02:05 PM |
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There's islands of crypto forcing in some governments - for example Russia, Singapore are moving in this direction. Maybe it's a little thing for the world, but we can get an opposite movement in face of this countries.
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Kidmat
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September 05, 2017, 03:43:02 PM |
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I don't think so, this isn't so much about whales, it's about the news coming out of China. China is going to have all ICO's "investigated by local regulatory authorities," so they can control the ICO market- I read something like about it. Don't panic, keep clam.
Thank you for your nice statement, and this is really makes me more comfortable when I heard some bad news about ICO and government regulations. Although this also created panic selling, and caused chaos in the market. Hopefully this moment will be over as soon as. There is a need to regulates the ICO's as this is being circulating over. Yes this makes certain resolution to lessen the Scam ICO as of these days. So I believe this will be resolved soon and many supporters are still in, so no panic will be exists. |
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itsonlikedonkeykong
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September 05, 2017, 03:52:05 PM |
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This is just round, phase 1, early innings.
Drain the swamp, clean up the markets and move forward.
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bhoybitcoin
Full Member
Offline
Activity: 336
Merit: 100
“Join The Blockchain Revolution In Logistics”
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September 05, 2017, 04:28:10 PM |
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OMG!!! What's gonna happened to our earnings? This couldn't be, but if it does then that's it. It's just like a song, today it's in then tomorrow they're all gonna be out of the lists.
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laxinternational
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September 05, 2017, 04:36:54 PM |
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Regulating ICOs is not a negative thing for investors. People found this regulating act as a negative thing somehow, but this is in the benefit of the investors becasue they will expose scammer projects. This way investors will invest in more secure projects.
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erick94
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September 05, 2017, 04:39:37 PM |
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ico will look to the long term, maybe for now only china that forbids ico, but even though china is already holding ico bans but ico will keep running and popping up in this year and next year.
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perla
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September 05, 2017, 04:42:43 PM |
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OMG!!! What's gonna happened to our earnings? This couldn't be, but if it does then that's it. It's just like a song, today it's in then tomorrow they're all gonna be out of the lists.
nothing will happen to your earning. keep promote ICO that you joined and see it's price in market. in market everything can be happen and you can sell or hold your earning by yourself |
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chesegrinder
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September 05, 2017, 04:47:25 PM |
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I thing it is nkt the end of all ICO as there are many scam ICO exist... This just the right thing to do to regulate every upcoming project and ICO ... The strong ICO will survive this regulation coming and we will all see whos really scam and whos legit. This the time for ICO to see who have better project and future
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yura888
Full Member
Offline
Activity: 364
Merit: 100
“Create Your Decentralized Life”
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September 05, 2017, 04:53:42 PM |
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I think that this market should be regulated sufficiently. And then everything will be fine and there will be no slag projects
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PandaMiner
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September 05, 2017, 04:57:35 PM |
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USA ban ICO - China ban ICO - Europe maybe will ban ICO - Korea, Japan will be ban ICO too. So what? Or they need is hire someone from other country dont ban ICO. And we have many wait to rise fund for project. Forget premine? That is same thing with ICO
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RedNovember
Member
Offline
Activity: 112
Merit: 10
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September 05, 2017, 04:59:24 PM |
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The whole premise of the blockchain revolution with bitcoin was that country states would have less say in controlling the market
Bitcoin maximalists would say this doesn't change anything
Personally, I think this will be a temporary thing, China can't stop it completely, they'd still want to phase it in
Hard to stop a technological revolution
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bavicrypto
Copper Member
Sr. Member
Offline
Activity: 1848
Merit: 254
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September 05, 2017, 04:59:45 PM |
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ico's were getting out of hand. It's better for the entire economy to have some regulations around it
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The only way is up ~bavicrypto
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bamboylee
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September 05, 2017, 05:15:58 PM |
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Regulations does not mean end. It just means that there will be stricter implementations of ICOs. Maybe there will be lesser ICO coming out because of this but that is also a good thing. It means only those who have real projects and intentions will be going out for ICO. Lesser scam tokens and coins out there the better.
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yura888
Full Member
Offline
Activity: 364
Merit: 100
“Create Your Decentralized Life”
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September 05, 2017, 05:22:02 PM |
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I do not think it's all dead. Just need to make some fixes in ICO
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Qtrez
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September 05, 2017, 05:28:41 PM |
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I am far from that word.
I am not sure end of ICO.
what is happening to the country of china.
it is a policy in an event. but it's interesting for us to investigate the background of china.
my confidence china will give permission to ico with load and state monitoring.
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Gotottack
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September 05, 2017, 05:33:58 PM |
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I don't really think banning ICOs was the problem. I think it was the lack of regulation and guidelines that cause it to go out of hand. If only governments made a way that investors will be secured then it would have not resulted to bans. The main risk here is that the ICO founders might run with the money, which has been done quite a lot of times.
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