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Author Topic: ICO is officially banned in China !!!  (Read 8176 times)
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September 18, 2017, 09:12:38 PM
 #221

Well that's to be expected. China doesn't want anything to go under their noses without them having some kind of control. Though these icos admittedly can cause people to lose money as many of the are scams, btc is quite different as well as trusted alts like ether

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September 21, 2017, 08:08:18 AM
 #222

It seems like it's a policy of the Chinese government to protect the citizens from fraud with the ICO projects. Because there are many ICO projects created by someone to treat investors. So when lots of the ICOs became a fraud, the China's acting quickly to make regulations on it. It due to Absolute bloodbath as well. Hope the market turn to be good. Angry

That will protect us. Now people can't create ICO ez. avoid scam. We can verify information about dev
China has given the view that it was trying to protect the investors from scams and frauds. Its officials also said that ICOs were a disturbance to their economy so it was the need of time to make the unregulated regulated but before that they were supposed to ban ICOs which will be resumed soon.

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September 24, 2017, 10:18:10 PM
 #223

Well that's to be expected. China doesn't want anything to go under their noses without them having some kind of control. Though these icos admittedly can cause people to lose money as many of the are scams, btc is quite different as well as trusted alts like ether
Governments want to have control of their population but I think they are reaching a very dangerous level of power and if things keep going in this direction I will not be surprised if people rebel, not with violence but taking measures that do not allow a government to control them, encrypting their computers and communications to make it harder for governments to spy on their population and with the use of bitcoin they will avoid feeding the big governments that we have by denying them taxes.

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September 24, 2017, 10:25:45 PM
 #224

Well that's to be expected. China doesn't want anything to go under their noses without them having some kind of control. Though these icos admittedly can cause people to lose money as many of the are scams, btc is quite different as well as trusted alts like ether
Governments want to have control of their population but I think they are reaching a very dangerous level of power and if things keep going in this direction I will not be surprised if people rebel, not with violence but taking measures that do not allow a government to control them, encrypting their computers and communications to make it harder for governments to spy on their population and with the use of bitcoin they will avoid feeding the big governments that we have by denying them taxes.
You're implying that people would rebel in the first place. Most people are comfortable with what they have and what they do, and they have no issues with being a tax machine if they manage to keep their bread and circuses. Of course, they likely won't even have those for very long. If you've ever read "The Hollow Men" and have some explanations and interpretations, that is essentially the path the world will go down and it won't change unless people cannot get their welfare, food, or money in general.

Universal Basic Income will cement government control, should it ever get passed in any significant manner.














 

 

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September 24, 2017, 11:01:44 PM
 #225

God ... mostly ICO's propaganda reminds scientology or something   

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September 25, 2017, 01:07:51 AM
 #226

When I heard this news, I was afraid that the neighboring country of China will banned ICO, but as of now it is not. And Im glad that we will not suffer as what have China did. Because we all know that ICOs have a lot of benefits if give us. But I think China did this to prevent people from scammers and such.

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September 25, 2017, 01:56:50 AM
 #227

This is certainly very sad, when cryptocurrency industry is growing rapidly precisely china banned ICO government. I hope this does not impact too much and ICO continues to grow in the future.

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September 25, 2017, 04:18:20 AM
 #228

This is certainly very sad, when cryptocurrency industry is growing rapidly precisely china banned ICO government. I hope this does not impact too much and ICO continues to grow in the future.

yes it is sadly know that news but we can not do anything while the government itself said that. the only we can do is the other country is not following china to banned ico. i think in future, if the ico can give a proof that it is really good, i am sure the other government will allowing ico to followed by their people. and if the ico can make sure that their investor money will not gone, i think they have another chance to release the project into public.

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September 28, 2017, 07:54:37 PM
 #229

Well that's to be expected. China doesn't want anything to go under their noses without them having some kind of control. Though these icos admittedly can cause people to lose money as many of the are scams, btc is quite different as well as trusted alts like ether
Governments want to have control of their population but I think they are reaching a very dangerous level of power and if things keep going in this direction I will not be surprised if people rebel, not with violence but taking measures that do not allow a government to control them, encrypting their computers and communications to make it harder for governments to spy on their population and with the use of bitcoin they will avoid feeding the big governments that we have by denying them taxes.
You're implying that people would rebel in the first place. Most people are comfortable with what they have and what they do, and they have no issues with being a tax machine if they manage to keep their bread and circuses. Of course, they likely won't even have those for very long. If you've ever read "The Hollow Men" and have some explanations and interpretations, that is essentially the path the world will go down and it won't change unless people cannot get their welfare, food, or money in general.

Universal Basic Income will cement government control, should it ever get passed in any significant manner.
That will never happen, governments may think they are above basic math but they are not, Universal basic income is never going to pass, there is not enough in taxes to guarantee that, governments of the world are struggling as it is, the economy of the world is nothing but a house of cards ready to fall, and when it does, people are going to see that fake promises of free stuff must always be paid one way or another.

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September 30, 2017, 01:08:44 PM
 #230

There is always a workaround. Anyone who wants to invest will invest. Maybe you are removing large amounts that are not enough to not know how to get a VPN and do everything and scare everyone, but the ICO will never go away, even if they It should be held in the Cayman Islands or some shit. I believe there are no number of bans that will stop the ICO from happening. There is always a workaround. Anyone who wants to invest will invest. Not surprisingly this news. But we notice after this news it is heavily affected in the crypto market. As we know the market will be back at any time.
I think it will not last anymore because they have most of the volume traded in crypto currency. If they keep a ban for long periods of time, that means they are locked out of funds if they invest in the ICO and this will affect the economy of this country as surely the volume of trade is very high. .
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September 30, 2017, 01:14:58 PM
 #231

from the start I do not know for sure about this news ,,,, is it true or not? if anyone would give me information about ICO banned in china ,, may i ask for the source of the information?

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September 30, 2017, 02:44:37 PM
 #232

I didn't understand anything but lately i saw many ico's banning Chinese citizens like they do with American citizens.

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October 03, 2017, 02:31:29 AM
 #233

This is certainly very sad, when cryptocurrency industry is growing rapidly precisely china banned ICO government. I hope this does not impact too much and ICO continues to grow in the future.
I’m not surprised they did this, they are trying their best to control their citizens and all those icos gave people an instrument to move their money away of China with extreme ease, if the ban at some point ends then you can expect a great amount of regulation and then another instrument will be needed to be created for those that want to have access to Chinese investors.

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October 16, 2017, 09:15:18 PM
 #234

I think it's not good. It's really easy and fast way to earn money. For example I was a big fun of red pulse but by now its too sad. At that moment I invested into Confideal and Jibrel Network for sure

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October 16, 2017, 09:36:56 PM
 #235

I think it's not good. It's really easy and fast way to earn money. For example I was a big fun of red pulse but by now its too sad. At that moment I invested into Confideal and Jibrel Network for sure
I think its a good idea and the other government should ban cryptocurrencies based ICO'S or maybe regulate it because we really don't know what the funds raised is really used for what if it is a scheme by terrorists to fund their operations.  I agree with China on their stance and the US SEC are also concerned about it as well.



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October 18, 2017, 08:05:46 PM
 #236

Well that sucks but we can still invest in lots of ICOs of november:
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If say without kidding, I think that wont make market more stable:(

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October 25, 2017, 11:05:26 PM
 #237

all the noise just makes better and more frequent opportunities for traders...

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November 02, 2017, 10:36:46 PM
 #238

And then Bitcoint jump to 7k$  Cheesy Cheesy Cheesy Cheesy

You never know, you never know.)

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November 02, 2017, 10:43:00 PM
 #239

Not a surprise at all since most ICO there are just purely scams and just want to get money from people's pocket, it is such a good move for the government of china in order to protect their people for such schemes, such a strong decision from them Smiley

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November 02, 2017, 11:08:55 PM
 #240

Not a surprise at all since most ICO there are just purely scams and just want to get money from people's pocket, it is such a good move for the government of china in order to protect their people for such schemes, such a strong decision from them Smiley
Rumors are coming out that China will be regulating ICOs and allowing them to start back up in 2018 only through the NEO platform tho.
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