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Author Topic: China just killed the ICO market. Which ones are Chinese?  (Read 5371 times)
Antivoid
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September 06, 2017, 01:59:59 PM
 #101

The Chinese government is trying to prevent people to make use of ICO to get free money without any real project/product.  It is a good things for blockchain/cryptocurrency industry in long run.  It is better to happen now to cause a correction, rather than bubble or big crash in future.
i agree with you, the regulation is good news for long term, but most people will be panic to sell their coins, also there are some people spread some fake info on purpose
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Monumental
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September 06, 2017, 02:05:58 PM
 #102

Don’t be panic. Calm down. That was only a matter of time, that the Chinese are going to regulate the market. They want to get a piece of the cake, they want to get more tax. There will be an agree between the government and all the ico's in the future.
Altcoins will do further down because of all the panic sell. So time to buy in the future with low prices.

yes there is no need to panic soo much.China will definately lift the ban.Is not over for ICO's in China.
Neo will rise up.

In the future, only high quality ICO will be allowed there. So it is positive eventually for the cryptocurrency as a whole.
aesma
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September 06, 2017, 02:28:48 PM
 #103

China doesn't care about fraud or pyramid schemes, they care that Chinese people are getting their money out of China using cryptos.

I think more bad news will come from russia and asian countries especially china, and seeing the rise of us based projects will be good Smiley

The US is not exactly crypto friendly.
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