buzzboozz (OP)
Newbie
Offline
Activity: 37
Merit: 0
|
|
September 04, 2017, 12:36:36 PM |
|
I decided to sell all my NEO for Qtum since its based in Singapore and it China Regulations won't have any effect on them
|
|
|
|
Cnut237
Legendary
Offline
Activity: 1904
Merit: 1277
|
|
September 04, 2017, 12:43:57 PM |
|
It's worth swapping NEO for anything at the moment. Crazy price drop today. But I think the Chinese ICO stuff is a bit of a scare story. A bit of regulation on ICOs can only be beneficial in the long run.
|
|
|
|
buzzboozz (OP)
Newbie
Offline
Activity: 37
Merit: 0
|
|
September 04, 2017, 01:39:29 PM |
|
i didnt expect that at all I had to sell NEO at 52 LOL anyway I think Qtum much better choice than NEO
|
|
|
|
poodle63
|
|
September 04, 2017, 01:47:01 PM |
|
I decided to sell all my NEO for Qtum since its based in Singapore and it China Regulations won't have any effect on them
It seems the MAS singapore already taken an awareness from the chinese country, you can read some word on the latest news that already provided that news. I can say it can be a good choice rather than keep your asset in the neo. I think neo should be die.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
cryptocrusher
|
|
September 04, 2017, 01:54:18 PM |
|
Can someone please explain what I am missing? As far as I understand the changes apply to all new ICOs of which NEO is not one and second to that it seems as if ICOs will only be banned for a period until more stringent regulation and controls are in place? Given NEO has already completed the ICO stage, it will surely benefit from a better regulated market in the future?
|
|
|
|
Cnut237
Legendary
Offline
Activity: 1904
Merit: 1277
|
|
September 04, 2017, 02:04:48 PM |
|
There are ICOs on NEO, such as RedPulse. This is why it can impact NEO price.
|
|
|
|
ghostunicorn
|
|
September 04, 2017, 02:09:40 PM |
|
There are ICOs on NEO, such as RedPulse. This is why it can impact NEO price.
It can't have impact anymore on NEO. China took decissions restricting ICO in their territory. This will start a dump on neo prices. Honestly, its price was pumped hard, this dump is usual and expected.
|
|
|
|
Chefironside
|
|
September 04, 2017, 02:13:39 PM |
|
when the unrest is over, neo becomes stronger as before . the scam ico will be less and that will have a positive effect I think it is good that is more tested because many people have already lost a lot of money . the course will be stepped again. I bought today far under 20 again
|
|
|
|
aretebit
Member
Offline
Activity: 84
Merit: 10
All that glitters is not bitcoin
|
|
September 04, 2017, 02:33:02 PM |
|
Can someone please explain what I am missing? As far as I understand the changes apply to all new ICOs of which NEO is not one and second to that it seems as if ICOs will only be banned for a period until more stringent regulation and controls are in place? Given NEO has already completed the ICO stage, it will surely benefit from a better regulated market in the future?
Neo was expected to become an ICO platform, just like ethereum, but for the chinese market. So this ban is a dead sentence in short term. In long term I think will be good, just like happened with bitcoin (now regulated in China).
|
Dirty evil government thieves: Return me my money!
|
|
|
cryptocrusher
|
|
September 04, 2017, 03:05:36 PM |
|
Can someone please explain what I am missing? As far as I understand the changes apply to all new ICOs of which NEO is not one and second to that it seems as if ICOs will only be banned for a period until more stringent regulation and controls are in place? Given NEO has already completed the ICO stage, it will surely benefit from a better regulated market in the future?
Neo was expected to become an ICO platform, just like ethereum, but for the chinese market. So this ban is a dead sentence in short term. In long term I think will be good, just like happened with bitcoin (now regulated in China). Ahh I see, thank you for the explanation. I did not know very much about NEO and that was where the issue was. Thank you for clearing it up for me! I agree that in the long term it should be good.
|
|
|
|
guillzini
|
|
September 04, 2017, 05:57:20 PM |
|
I actually will not swap NEO at all. I made a very nice profit already on NEO and am nowhere near my buy-in price, so I don't really see the need. I've learned from panic selling in the past, so I'll hold.
Besides, I believe it will bounce back once regulation is in place, so I'll even buy more when the price hits the floor.
|
|
|
|
|
kriptom
|
|
September 04, 2017, 06:07:26 PM |
|
After that, no I'm not going to China to invest in the project.
|
|
|
|
leea-1334
|
|
September 04, 2017, 06:15:32 PM |
|
It's worth swapping NEO for anything at the moment. Crazy price drop today. But I think the Chinese ICO stuff is a bit of a scare story. A bit of regulation on ICOs can only be beneficial in the long run.
Kinda glad I did not get in earlier, even though it will probably recover once the dust from China settles. Scary story indeed, but there is too much at stake to let it fail now. 2018 is the latest we'll see a return to last week's prices so in fact now is a good time to buy. But in small amounts, just in case! QTUM ready to take the place of NEO?
|
|
|
|
DigitalLemming
|
|
September 04, 2017, 06:22:25 PM |
|
China doesn't control all the money. Everything is going to be fine, just another bump in the long, swerving, bumpy road that is cryptos.
|
|
|
|
buzzboozz (OP)
Newbie
Offline
Activity: 37
Merit: 0
|
|
September 04, 2017, 06:23:59 PM |
|
Can someone please explain what I am missing? As far as I understand the changes apply to all new ICOs of which NEO is not one and second to that it seems as if ICOs will only be banned for a period until more stringent regulation and controls are in place? Given NEO has already completed the ICO stage, it will surely benefit from a better regulated market in the future?
but as you know usually gov and banks take months or year maybe to regulate things or to lift their ban so for now the only safe bet is either ethereum or Qtum since both of them are not based in China people before the conference of Qtum on 13th I think they will dumb NEO for Qtum. maybe there are better choices I am not aware of
|
|
|
|
Alcarin
Member
Offline
Activity: 144
Merit: 10
|
|
September 04, 2017, 06:27:35 PM |
|
Response from NEO team-mate... how official does the report get? https://i.redd.it/g6qsc003xvjz.jpgDoes he know much more than he tells? Looking at his casual smiley and response I suspect optimism... maybe NEO becomes certified China platform for all ICOs?
|
|
|
|
buzzboozz (OP)
Newbie
Offline
Activity: 37
Merit: 0
|
|
September 04, 2017, 06:29:51 PM |
|
Response from NEO team-mate... how official does the report get? https://i.redd.it/g6qsc003xvjz.jpgDoes he know much more than he tells? Looking at his casual smiley and response I suspect optimism... maybe NEO becomes certified China platform for all ICOs? cmon stop this drama its been month we are talking about neo breakout and neo news bla bla bla if they knew about the ban they would warn investors so this panic sell wont happen ofc he is happy he didnt lose anything.
|
|
|
|
|
leea-1334
|
|
September 05, 2017, 07:53:50 AM |
|
Response from NEO team-mate... how official does the report get? https://i.redd.it/g6qsc003xvjz.jpgDoes he know much more than he tells? Looking at his casual smiley and response I suspect optimism... maybe NEO becomes certified China platform for all ICOs? cmon stop this drama its been month we are talking about neo breakout and neo news bla bla bla if they knew about the ban they would warn investors so this panic sell wont happen ofc he is happy he didnt lose anything. Sometimes, I find it disheartening that ICO or rather project admins take the worries and concerns of their investors and supporters so lightly. And for some project that claims to have many ties, this news should have reached them first, and then informed to people. But yes, what a casual response. You think this is optimism? Some might see it as arrogance leading to downfall.
|
|
|
|
|