China Altcoin Ban - More Info ?

[HotCryptoNews]

Does anybody have more information on what exactly China banned, what will be affected etc..?

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[MissHope]

China’s Central Bank banned Initial coin offerings as illegal fundraising. So they just said that now ICO is banned, not altcoins

[Lastsamuraj]

Still it affects alt coins,while Chinese guys are selling everything.Might be a good opportunity for us to invest a bit more at the very bottom ,for and easy money double ,when everything will go back to normal

[RodneyKings]

Still it affects alt coins,while Chinese guys are selling everything.Might be a good opportunity for us to invest a bit more at the very bottom ,for and easy money double ,when everything will go back to normal

Red days are always a good opportunity to buy more shares. I am positive that everything will go back to normal and the prices will go up once these issues regarding ICO's are over. China banning ICO's is I think a good step to protect future investors of cryptocurrencies.