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Author Topic: CHINA!!!  (Read 3137 times)
taibas
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September 04, 2017, 03:41:42 PM
 #1

How the fate of cryptocurrency in your opinion after china forbids cryptocurrency?

Will this be the end of cryptocurrency

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September 04, 2017, 03:45:09 PM
 #2

Stop spreading FUD. China has not banned crypto. You fucking retard.

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September 04, 2017, 03:49:22 PM
 #3

China has banned ICOs, not crypto currencies in general. The government itself is experimenting with blockchain solutions and has partnerships with blockchain projects. It is also prohibited for investors from China to invest in ICOs.  It was not announced yet, but one can assume that ICOs are allowed again, only regulated. Other countries will certainly follow. In the short term, it will be negative; in the medium and long term, serious investors will benefit from regulation.

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September 04, 2017, 03:53:00 PM
 #4

Will this be the end of cryptocurrency

No - it's a great buying opportunity for everyone. Buy, hold and participate in the good ones!

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September 04, 2017, 03:54:30 PM
 #5

How the fate of cryptocurrency in your opinion after china forbids cryptocurrency?

Will this be the end of cryptocurrency
If you did read the news correctly then for sure you would edit on the things you have said here. China isnt banning or forbids cryptocurrency and as just been said above it do only prohibit on participating on ICO. I do really believe that they would regulate such things later on. It does really give some effects on cryptoworld but assuming that this is the end of cryptocurrency then i would really oppose into that.


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VeteranCoin
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September 06, 2017, 01:15:17 AM
 #6

China's bans on the crypto world are a bit of a joke. They like to ban a lot over there, but it doesn't last.

Anyone remember this from 2013? China banned Chinese banks for dealing in bitcoin. I guess they changed their minds later.

http://money.cnn.com/2013/12/05/investing/china-bitcoin/index.html

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September 06, 2017, 01:29:11 AM
 #7

whether it is very influential on cryptocurrency in other countries, but many people predict that the selling price of a certain coin decreases and certainly many will buy to invest.
regardless of it it must be careful,Will this be the end of the cryptocurrency?
my answer'' is not the end of everything..

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September 06, 2017, 01:31:07 AM
 #8

How the fate of cryptocurrency in your opinion after china forbids cryptocurrency?

Will this be the end of cryptocurrency
Another FUD was coming from you, there is no a bad thing, because the ico needs to regulate by the goverment. this time the price of the altcoin already recovered again. I just tell you to see the truth about what already happened right now.

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September 06, 2017, 01:32:44 AM
 #9

Although the Chinese government is being tough on bitcoin, but in some cases, they have to give pause to companies that have the top 10 market capitalization ICO. We should give people the opportunity to invest in these companies - at least you could invest in some disturbing technology.this is better than buying some stocks that are actually garbage.

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September 06, 2017, 01:36:05 AM
 #10

How the fate of cryptocurrency in your opinion after china forbids cryptocurrency?

Will this be the end of cryptocurrency
China not forbid cryptocurrency they just bans ICOs. I don't think that will be the end of cryptocurrency, after China report to bans ICO some cryptocurrency are massively down. But it did not take a long time everything is back to normal.

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September 06, 2017, 01:53:30 AM
 #11

To be real it won't.
The communist party of China is deeply involved into crypotcurrency.
Proof of that is more than 50% of total hashpower in the world coming from China.
You can't hide that large farms from the party unless the party are building them.

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September 06, 2017, 02:16:19 AM
 #12

How the fate of cryptocurrency in your opinion after china forbids cryptocurrency?

Will this be the end of cryptocurrency

Ugh! What is this? You are simply making a mountain out of a mole hill. There will be no end to cryptocurrencies. Even shitcoins are doing some movements. So china banning ICOs will have no bearing to the entire future of cryptocurrencies. And I guess there is just some ironing out of regulations and policies. This will not stop once and for all every single ICO on the future.


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September 06, 2017, 02:31:55 AM
 #13

China government just banned ICO project but not cryptocurrency, where is your news from? It is definitely a rumor, the market will have a  correction in a short term because of such restriction, but will recover sooner or later.

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September 06, 2017, 02:39:59 AM
 #14

What they are banning is the following behavior:

  • Come up with an ICO name and possibly some random business problem
  • Copy/Paste whitepaper from another ICO, make few changes to make it look unique
  • Copy/Paste website from another ICO, make few changes to make it look unique
  • Copy/Paste few pictures of obscure people off the Internet (with or without their knowledge), make few changes to names job titles (madeup or real)
  • Hire marketing team for few $K to spam next great ICO on all social media and relevant forum avenues
  • Pay few dozen shills to visit aforementioned social sites to proclaim it's the next great thing since Bitcoin itself, perhaps even better!
  • Sitback and profit$$

Now maybe some ICOs will turn out to be less scammy than some others, but in my opinion just about all of them are scams. The only ones who may be even somewhat legit are the ones who limit their fundraising to reasonable levels, but those are far and few between and even some of those are probably scams just designed to look more legitimate.

This has little to do with cryptocurrencies other than the fact that all these ICOs have been using crypto as a side run around rules already in place for organizations to raise capital, but it had to be stopped sooner or later. I suspect in a few months we will be seeing a "Who's behind bars this week" type of thread going when some of these ICO organizers are (hopefully) brought to justice.
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September 06, 2017, 03:09:27 AM
 #15

China has banned ICOs, not crypto currencies in general. The government itself is experimenting with blockchain solutions and has partnerships with blockchain projects. It is also prohibited for investors from China to invest in ICOs.  It was not announced yet, but one can assume that ICOs are allowed again, only regulated. Other countries will certainly follow. In the short term, it will be negative; in the medium and long term, serious investors will benefit from regulation.
That's what i think too. Although China has made the decisions to ban ICOs but they have done it for a good cause. The short term it is having a negative effect by resulting in huge price drops in most of the cryptos but now its been 2 days and we can see the market recover.
In the long run i think this decision will benefit a lot of people. Not only the investors but also normal users will benefit from this situation. There will be less ICOs but good ones and people will invest in them because of their potential which will result in a positive way and benefit everybody. More people will start investing in ICOs because of the regulations and hence the better ICOs will have a trend in the market.

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September 06, 2017, 03:52:20 AM
 #16

China has banned ICOs, not crypto currencies in general. The government itself is experimenting with blockchain solutions and has partnerships with blockchain projects. It is also prohibited for investors from China to invest in ICOs.  It was not announced yet, but one can assume that ICOs are allowed again, only regulated. Other countries will certainly follow. In the short term, it will be negative; in the medium and long term, serious investors will benefit from regulation.
That's what i think too. Although China has made the decisions to ban ICOs but they have done it for a good cause. The short term it is having a negative effect by resulting in huge price drops in most of the cryptos but now its been 2 days and we can see the market recover.
In the long run i think this decision will benefit a lot of people. Not only the investors but also normal users will benefit from this situation. There will be less ICOs but good ones and people will invest in them because of their potential which will result in a positive way and benefit everybody. More people will start investing in ICOs because of the regulations and hence the better ICOs will have a trend in the market.
I have seen the results of some ICOs at the end of this ", although china prohibits ICO, but good projects still have good results

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September 06, 2017, 04:14:52 AM
 #17

You are just a part of people who panic, and say bad things here. it will not affect anything. Everyone has come to believe that China is just scared. The Chinese government is just panicking power in the financial field is replaced. All just sit and be patient, and keep calm.


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asepsetiawan1990
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September 06, 2017, 04:46:30 AM
 #18

Cryptocurrency users are many. This should be the beginning of a sense of togetherness in the struggle for cryptocurrency. we must jointly strengthen the foundation on this cryptocurrency. I'm sure many cryptocurrency users are clever and master of regulation and laws regarding finance or capital.

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September 06, 2017, 04:53:54 AM
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China bans Google, Facebook, 2nd children, and now ICOs.. who fucking cares.  It'll stop some sheep, but not the lions.

asepsetiawan1990
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September 06, 2017, 05:15:43 AM
 #20

How the fate of cryptocurrency in your opinion after china forbids cryptocurrency?

Will this be the end of cryptocurrency
China not forbid cryptocurrency they just bans ICOs. I don't think that will be the end of cryptocurrency, after China report to bans ICO some cryptocurrency are massively down. But it did not take a long time everything is back to normal.
so true. I also almost carried away the atmosphere. My thinking and my mindset as if by chinese blocking cryptocurrency. Yet Only Ico only. Ico must have elimination for potentially harming many people.

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