Bitcoin Forum
April 20, 2018, 05:13:50 PM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: Future of NEO & QTUM after China announcement  (Read 3087 times)
qiwoman2
Legendary
*
Offline Offline

Activity: 1428
Merit: 1002



View Profile WWW
September 04, 2017, 04:14:37 PM
 #21

Too much noobish new money in Crypto, too many scammers, hackers and bad devs, will probably make these and other altcoins go to pots for a while. Hopefully the really quality projects will eventually stand out when the hard core blockchain enthusiasts stay in and do the mopping up after the blood baths.

    ▄█▄
   ██▀  ▄█▄
  ██▀  ▄█▀  ▄▀
 ██▀  ▄█▀  ▄▀
▐█▌  ▄█▀  ▄▀
██   ██  
██   ██  
██   ██  
▐█▌  ▀█▄  ▀▄
 ██▄  ▀█▄  ▀▄
  ██▄  ▀█▄  ▀▄
   ██▄  ▀█▀
    ▀█▀
████
▀▀▀▀
▄▀▀▄▄▄▄▄▄▄▄█████████████▐████
▀▀     ▄▄▄▄▄▀██████████▐████
▄▀▀▄▄▄▄▄█████▀ ▀▄▄▄     ▐████
▀▀     ▄▀███▄▄▄▄       ▐████
▄▄   ▀█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▐████
▀▄▄▀▀▀▀▀██████████████▐████
▄▄   ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▐████

▀▄▄▀▀▀  ██████           ▐████
██████▄▀▀▀▀▀▀▀▀▀ ▐████

▄▄  ████▀▄██████████▐████
▀▄▄▀▀▀▀ ▄████████████▐████
BIDIUM       ▄█▄
   ▄█▄
  ▀██

▀▄  ▀█▄  ▀██
 ▀▄  ▀█▄  ▀██
  ▀▄  ▀█▄  ▐█▌
   █   ██   ██
   █   ██   ██
   █   ██   ██
  ▄▀  ▄█▀  ▐█▌
 ▄▀  ▄█▀  ▄██
▄▀
  ▄█▀  ▄██
   ▀█▀
  ▄██
       ▀█▀






























1524244430
Hero Member
*
Offline Offline

Posts: 1524244430

View Profile Personal Message (Offline)

Ignore
1524244430
Reply with quote  #2

1524244430
Report to moderator
1524244430
Hero Member
*
Offline Offline

Posts: 1524244430

View Profile Personal Message (Offline)

Ignore
1524244430
Reply with quote  #2

1524244430
Report to moderator
1524244430
Hero Member
*
Offline Offline

Posts: 1524244430

View Profile Personal Message (Offline)

Ignore
1524244430
Reply with quote  #2

1524244430
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
YGung
Full Member
***
Offline Offline

Activity: 308
Merit: 100


View Profile
September 04, 2017, 05:07:12 PM
 #22

Does NEO even have any ICOs to being with?  What projects are there even launching on NEO if any?  Can't ban upcoming ICOs if there are none to being with.

Qtum had a slew or projects launching on their platform which may be affected.  The platform is registered in Singapore so they should be safe from the upcoming review.  Good foresight on their part.

It's the projects like Bytom and Tron which are in trouble.  I think all ICOS going forward will move to Singapore similar to Qtum and Litecoin.

They have the Red Pulse ICO in sept 7, now chinese citizens are banned in participating in any ico, chinese central bank said that the purpose of this is to prevent scammers. That maybe has a good long term effect for Neo and others.

+1

People are looking at this as a bad thing when this is really something that's supposed to protect the investors. 

Besides, this has no effect on people creating projects organically.  Might be slower, but in the end, no more of these, "we don't have a product yet, but we will in 2018/2019" shenanigans.

★ ★ ★ ★ ★   DeepOnion    Anonymous and Untraceable Cryptocurrency    TOR INTEGRATED & SECURED   ★ ★ ★ ★ ★
› › › › ›  JOIN THE NEW AIRDROP ✈️        VERIFIED WITH DEEPVAULT  ‹ ‹ ‹ ‹ ‹
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬   ANN  WHITEPAPER  FACEBOOK  TWITTER  YOUTUBE  FORUM   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
]
NostradamusJones
Jr. Member
*
Offline Offline

Activity: 49
Merit: 0


View Profile WWW
September 04, 2017, 08:04:20 PM
 #23

https://twitter.com/riseofcrypto/status/904778250068475904

"We're gonna need a bigger boat"
Arkann
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
September 04, 2017, 09:53:05 PM
 #24

Nobody knows for sure how the prohibition of the ICO in China on its NEO coin will be affected. Because the founders of this coin cooperate with the Chinese government, it is possible that this coin will be settled by the government. I do not really like this prospect. In the near future, let's see how the prices in the crypto currency market will be. The situation is unusual.

xuan87
Legendary
*
Offline Offline

Activity: 1302
Merit: 1001



View Profile
September 05, 2017, 12:18:42 AM
 #25

Even though there are announcement stated that neo will not affected but I think this situation has caused the neo investors to panic, soon there will be a lot of people selling this coin, I think neo reputation will be on the edge and it will be hard to survive, but let's see how well the developer take tackle this problem and convince the investors

tranle789
Full Member
***
Offline Offline

Activity: 224
Merit: 100



View Profile
September 05, 2017, 02:24:02 AM
 #26

Even though there are announcement stated that neo will not affected but I think this situation has caused the neo investors to panic, soon there will be a lot of people selling this coin, I think neo reputation will be on the edge and it will be hard to survive, but let's see how well the developer take tackle this problem and convince the investors
NEO is a lot of big investors buy and invest long term. I think the developer will find a way to negotiate with the Chinese authorities because NEO is banned in the country and makes the market drop dramatically in just a few hours. I hope NEO can return to its original position
pushups44
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
September 05, 2017, 02:47:28 AM
 #27

NEO may be impacted indirectly, as China's ICO ban may scare away investors and capital. On the other hand, ICOs will simply be launched in countries with more lax regulations. Given that NEO has had a sharp rise recently, a correction is both needed and healthy. In the long run, NEO should be fine.

SavvyOli
Member
**
Offline Offline

Activity: 80
Merit: 10


View Profile
September 05, 2017, 02:49:52 AM
 #28

Even though there are announcement stated that neo will not affected but I think this situation has caused the neo investors to panic, soon there will be a lot of people selling this coin, I think neo reputation will be on the edge and it will be hard to survive, but let's see how well the developer take tackle this problem and convince the investors
NEO is a lot of big investors buy and invest long term. I think the developer will find a way to negotiate with the Chinese authorities because NEO is banned in the country and makes the market drop dramatically in just a few hours. I hope NEO can return to its original position

it will be hard to get back to original levels of above USD 40. We are all in the blood bath. the only thing we can do now is to buy more, and hang on for dear life
senin
Full Member
***
Offline Offline

Activity: 294
Merit: 136



View Profile
September 05, 2017, 03:04:21 AM
 #29

While NEO falls in price along with all digital coins. However, the ban in China on the ICO, I think, can not significantly affect the future course of NEO after the stabilization of the situation in the crypto currency market. Simply, the Chinese government decided to streamline the ICO, excluding probable scammers from it. I think with this in the future everything will work out. China generally has a positive attitude to the crypto currency market, so this ban should be temporary.

samfcoin
Full Member
***
Offline Offline

Activity: 322
Merit: 100



View Profile
September 05, 2017, 03:11:53 AM
 #30

NEO&QTUM 's price will be impacted by China announcement in a short term, price will drop most likely 50%, if no other country announce there'll be some rules for ICO project, price will increase again, otherwise, price will even drop more.

▌▌   Anonymous and Untraceable     ›› ››   DeepOnion  ‹‹ ‹‹     TOR INTEGRATED & SECURED    ▌▌
▬▬▬▬▬▬▬▬▬     ANN  Whitepaper  FACEBOOK  Twitter  Youtube  Forum     ▬▬▬▬▬▬▬▬▬
▌▌   ••  JOIN AIRDROP 🚀  ••  |||   Download DeepOnion   |||   ✅ Verified with DeepVault    ▌▌
Twinkledoe
Full Member
***
Offline Offline

Activity: 238
Merit: 102



View Profile
September 05, 2017, 03:23:23 AM
 #31

I hope QTUM will lose money. I just don't like that project.

Marry Finch
Full Member
***
Offline Offline

Activity: 266
Merit: 100


Blockchain Just Entered The Real World


View Profile
September 05, 2017, 03:46:02 AM
 #32

The ban imposed by the Central Bank of China on holding an ICO in this country is unlikely to affect the popularity of the Chinese coin NEO. While it falls in price due to the general downward trend in the crypto currency market. Perhaps, on the contrary, the ban on ICO will lead to the release of money sent to the ICO and they will be aimed at maintaining the national digital currency of China.

Hexah
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


Kindness: Overflowing


View Profile
September 05, 2017, 04:04:04 AM
 #33

I think the newly implement ICO's are the most afrected if that happens, about NEO and QTUM maybe they'll encourage to own that coins because I think it originated in China itself but nonetheless many are potential alts that will increase in its value not only NEO and QTUM.

         ▄▄▄▄▄▄▄▄          ▄▄▄▄▄
       ████████████    ▄▄██████████▄▄        
     ████████████████   ▀█████████████▄    
   ████████████████████   ██████████████   
 ▄██████████████████████▄  ▀█████████████  
▄████████████████████████▄  ▀█████████████ 
██████████████████████████   █████████████
██████████████████████████   █████████████
██████████████████████████   █████████████
██████████████████████████  ▄█████████████
 ████████████████████████   █████████████ 
  ██████████████████████   ████████████▀  
    ██████████████████   ▄███████████▀    
      ▀████████████▀   ▄▄████████▀▀
          ▀▀▀▀▀▀         ▀▀▀▀▀
MONETO
[
  WE ISSUE INSTANT LOANS SECURED BY BITCOINS  
WEBSITE | WHITEPAPER | ANN | MEDIUM
]

.▒██████████████████████▒
▒████████████████████████▒
▒███████████████     ████▒
▒█████████████       ████▒
▒█████████████    ███████▒
▒█████████████    ███████▒
▒███████████         ████▒
▒███████████         ████▒
▒█████████████    ███████▒
▒█████████████    ███████▒
▒██▒▒▒▒▒▒▒▒▒▒▒    ▒▒▒▒▒██▒
▒██▒▒▒▒▒▒▒▒▒▒▒    ▒▒▒▒▒██▒
 ▒██████████████████████▒

.▒██████████████████████▒
▒████████████████████████▒
▒██████████████    ██████▒
▒██░░████████░      █████▒
▒██░   ░█████         ███▒
▒██                 █████▒
▒███                █████▒
▒█████              █████▒
▒██████            ██████▒
▒██████          ████████▒
▒██▒▒        ▒▒▒▒▒▒▒▒▒▒██▒
▒██▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒██▒
 ▒██████████████████████▒

.▒██████████████████████▒
▒████████████████████████▒
▒████████████████████████▒
▒██████████████    ▓█████▒
▒█████████     ▓█  ▓█████▒
▒████▓       ██    ██████▒
▒███░      ██░░    ██████▒
▒██████  ██       ███████▒
▒█████████░       ███████▒
▒█████████        ███████▒
▒██▒▒▒▒▒▒▒▒ ▒▒▒▒ ▒▒▒▒▒▒██▒
▒██▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒██▒
 ▒██████████████████████▒
[  Join Us Now! 
  Pre-sale Live! 
]
NewbCoins
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
September 05, 2017, 04:13:37 AM
 #34

if you sleep with the china government, you can do ico. if you don't, you can't do ico.
rigel
Legendary
*
Offline Offline

Activity: 1190
Merit: 1001


Thank God I'm an atheist


View Profile
September 05, 2017, 04:43:20 AM
 #35

There's no future
no future
no future for you

 - Sex Pistols
Stealth8368
Sr. Member
****
Offline Offline

Activity: 302
Merit: 250


View Profile
September 05, 2017, 09:28:07 PM
 #36

China Government are just positioning themselves in a better position to get there share of money flowing into ICO from China,they don't like money leaving China when they have not had there cut!
googie4
Sr. Member
****
Offline Offline

Activity: 292
Merit: 250


View Profile
September 05, 2017, 09:39:31 PM
 #37

I don't think it will affect it, it's still legal. But I think it affects it in the sense that with the ICO ban, future China based ICO that would have ended up on Neo will no longer be able to, so the price will not go up as high as it would have had the Chinese government not made this ban.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!