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Author Topic: CHINA!!!  (Read 3143 times)
hendi
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September 06, 2017, 05:21:56 AM
 #21

china dont have anything power to end crypto world

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September 06, 2017, 05:46:34 AM
 #22

It was a good time to buy cheap crypto!Now market goes up. And some regulations in ICO will not be superfluous.


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winderx
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September 06, 2017, 05:49:57 AM
 #23

china may have the huge factor, but crypto is the world
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September 06, 2017, 06:00:04 AM
 #24

For now, China only ban ICOs. But it wouldn't be a surprise if the government impose further rules and regulations on the general Cryto ecosystem. The result will be unpredictable as it would be good or bad depending on the level of control imposed.

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September 06, 2017, 06:07:52 AM
 #25

It seems that the Chinese government wants to protect its people's money from ICO is unclear
because we know many ICOs only take money without realizing what they offer through white paper but not executing their projects.
only personal opinion  Shocked Shocked
LakeBTC
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September 06, 2017, 06:21:53 AM
 #26

This situation resembles the 2008 financial crisis in some ways:

Before 2008 fin crisis, financial innovations were encouraged by regulators. Asset backed securities and derivatives were hot among banks. Then came the Lehman brothers crash etc. Then the overall regulation turned to very conservative. The No.1 priority is safety, not innovation. Banks were not allowed to participate futures trading altogether, not even for hedging.

History may repeat itself with ICO. The regulators have not been very tough on innovation. Unfortunately, 1. bad players pushed their limits. they run fake projects, pump&dump, manipulate the market ... 2. bad guys from traditional scams jumped in ICOs 3. too many ppl are involved. Reported 100k+ in China. Some projects (Such as EOS), the price went down too much and ppl lost $$ and filed complaints. There's a real threat of protests. That's the last thing China wants.

In the long run, this is probably a positive thing for crypto's, blockchain, ICO etc. It's good to get rid of the bad guys.

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September 06, 2017, 07:27:17 AM
 #27

For now, China only ban ICOs. But it wouldn't be a surprise if the government impose further rules and regulations on the general Cryto ecosystem. The result will be unpredictable as it would be good or bad depending on the level of control imposed.
Crypto economy begins to take more and more in the world economy. I do not think that prohibitions on the use of crypto currency will benefit the state in the medium and long terms. It seems like China just want to protect their people.

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September 06, 2017, 07:33:29 AM
 #28

If in my opinion it is not a big deal because there is little friction from the Chinese government that does not like big capital owners to develop business in the country but with the negotiations that will be discussed may emerge the best deal and certainly no one will be harmed. in the future there are still many ico made with the agreement of the Chinese government first before distributing it.

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September 06, 2017, 07:57:58 AM
 #29

For now, China only ban ICOs. But it wouldn't be a surprise if the government impose further rules and regulations on the general Cryto ecosystem. The result will be unpredictable as it would be good or bad depending on the level of control imposed.
Crypto economy begins to take more and more in the world economy. I do not think that prohibitions on the use of crypto currency will benefit the state in the medium and long terms. It seems like China just want to protect their people.
Yes China only ban ICO's so this means cryptocurrency still will be exists. China government only wanted to organize and to protect bitcoiners from scam ICO.


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September 06, 2017, 08:03:27 AM
 #30

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

Will this be the end of cryptocurrency
China had a small impact its not the end of the world.... and its just for ICO's they still have trading markets, however look out for this : Tokens soon to be delisted by Yunbi: QTUM, GXS, EOS, ANS, DGD, 1ST, GNT, REP, SNT, OMG, PAY, LUN, VEN
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September 06, 2017, 08:23:24 AM
 #31

China never ban cryptocurrency transactions via blockchain rather what was banned is scam ICO  to be done in China The incessant chunning out of ICO every day is now alarming. They are  only protecting their citizens and their country name and integrity.
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September 06, 2017, 08:53:28 AM
 #32

China never ban cryptocurrency transactions via blockchain rather what was banned is scam ICO  to be done in China The incessant chunning out of ICO every day is now alarming. They are  only protecting their citizens and their country name and integrity.

The People's Republic of China is just banning scum ICO each pretending to being running a block-chained facebook/google by simply copy and paste others' codes.

sometimes you just have to ask yourself whether encryption is the solution to all problems in the world!

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September 06, 2017, 09:43:58 AM
 #33

The only thing that China has influenced is the number of new coins. Chinese can still trade cryptocurrencies. They just can't invent and issue their own currencies. This sort of simplifies the choice, huh? Smiley
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September 06, 2017, 09:51:32 AM
 #34

China will not ban Cryptos because most of BTC is mined and dumped by the Chinese plus all the hardware for mining that all the rest of the world buy is from China. The Chinese will only ban what doesn't benefit for them, like ICOS because that means money is being drained outside of the country ..  Grin Grin


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September 06, 2017, 09:57:18 AM
 #35

Will this be the end of cryptocurrency

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

I agree! China banning ICO's is not the end of crypto. There are still ways where everyone can earn through cryptocurrencies. I'll just sit back and relax and see the charts go up again.
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September 06, 2017, 10:46:08 PM
 #36

China bans Google, Facebook, 2nd children, and now ICOs.. who fucking cares.  It'll stop some sheep, but not the lions.


Some might say banning Facebook and Google was also a good move.  Grin
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September 10, 2017, 06:46:18 PM
 #37

china dont have anything power to end crypto world

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.

more on appreciation with the focus of objectives as further the use of chance as the decision on entering market should gives of spares with the limit

as the different customs on profile with the entrance to offers of goods with the returns on companys production as occupying use of ICO schemes with

the medium of organizing.

as in sundanese quote telling that " as not everyone has/had with the name of asep/rohendy some of pupils should be sincere to accept fact with the head balls as met with the calls of asep/rohendy"




(please pupils from indonesia to not getting closer of me as having of yours of reference of the point with the above mention on message with the posting,

tries to work as learns of the much better things before to (as not now) getting closer of ME )




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September 10, 2017, 08:08:30 PM
 #38

If China forbid mining aswell could hit quite badly btc i guess, what do you think?

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September 10, 2017, 08:11:57 PM
 #39

"Will this be the end of cryptocurrency"

No! It is not possible. Now in Swiss you can pay your tax if you want via BTC. There is a plenty of examples how you can use btc.
China has a very big market, but it can't kill btc. So it can't kill ICOs.

By the way - rumors about China are fake. Prices drop so this is good time to invest, nothing else.

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September 10, 2017, 08:30:07 PM
 #40

Everything will be unchanged by China

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