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Author Topic: Effects of ICO ban in China  (Read 9849 times)
adam1230
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September 19, 2017, 09:42:44 AM
 #301

Yes China is a big economy but world is more big then china. And Crypto Currencies at start point.
There is more way. So lets collect our gains. Smiley
HauntingT-Rex
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September 19, 2017, 09:51:46 AM
 #302

We've certainly had a nice bounceback so far... I think it's back up from here now that the bad news has passed.  Unless of course another dark cloud comes along.

September 30th exchange closing, and one of these days we'll get an announcement about the future after closing them. Either we'll dip down again and go up in a few months, or we'll go up

Are we going to experience another crunch? I thought the heat is over and everything will move smoothly. why should we expect another pull back?

I would only expect more dips if china has any more new. At this point, it's probably clear skies for a while and perhaps $5k soon
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September 19, 2017, 10:12:53 AM
 #303

We've certainly had a nice bounceback so far... I think it's back up from here now that the bad news has passed.  Unless of course another dark cloud comes along.

September 30th exchange closing, and one of these days we'll get an announcement about the future after closing them. Either we'll dip down again and go up in a few months, or we'll go up

Are we going to experience another crunch? I thought the heat is over and everything will move smoothly. why should we expect another pull back?

I would only expect more dips if china has any more new. At this point, it's probably clear skies for a while and perhaps $5k soon

Time will tell, it all depends on Chinas decision. Rest assured though that in the longterm cryptos will only go up, but the upcoming months could prove quite bearish

imusify
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September 19, 2017, 10:24:54 AM
 #304

the effects of china prohibit the existence of ico and close the market bitcoin there is very large, let alone bitcoin now down 10 millions,
altcoin also experience the impact  Sad
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September 19, 2017, 12:58:06 PM
 #305

Yeah it's too bad that China band ico. Already market crash one time. I think end of the month crypto market will crash again. But it's happening.  We believe that crypto rise again in near by future.

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September 19, 2017, 01:07:55 PM
 #306

Yeah it's too bad that China band ico. Already market crash one time. I think end of the month crypto market will crash again. But it's happening.  We believe that crypto rise again in near by future.
It would be great without China's participation because if the Chinese market survives then surely we will face many difficulties in trading and business but if Bitcoin is legalized in China Bitcoin will definitely go to the moon.

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September 19, 2017, 01:28:52 PM
 #307

The ICO ban from China will definetaly have an impact on the whole cryptocurrency, if ICOs are banned soon exchanges will follow, people withdrawal all their money and btc price swill go down, eventually I think and hope it goes up people benefitting from low price, but banning icos would also be positive and only the good projects will survive, that way people invedt their money on good projects and prices will be higher than ever, if they are put in real use.

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September 19, 2017, 01:33:59 PM
 #308

I think the US will start regulating ICOs, which means there will be fewer of them.
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September 19, 2017, 01:41:40 PM
 #309

The ICO ban from China will definetaly have an impact on the whole cryptocurrency, if ICOs are banned soon exchanges will follow, people withdrawal all their money and btc price swill go down, eventually I think and hope it goes up people benefitting from low price, but banning icos would also be positive and only the good projects will survive, that way people invedt their money on good projects and prices will be higher than ever, if they are put in real use.
If only happen on China. They just 6.4% in crypto market. Now we move to Japan and Korea. Only when they ban ICO too that will be terrible
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September 19, 2017, 01:45:55 PM
 #310

I think the US will start regulating ICOs, which means there will be fewer of them.

Fewer but better of them. The less scams we have, the more trust will flow into this young market, which will only add fuel to the mass adoption that's gonna make us all very wealthy

imusify
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September 19, 2017, 01:50:25 PM
 #311

I think the US will start regulating ICOs, which means there will be fewer of them.

Fewer but better of them. The less scams we have, the more trust will flow into this young market, which will only add fuel to the mass adoption that's gonna make us all very wealthy
I would really rather prefer on regulating exchanges so that we would be somehow do have assurance on using the exchanges and lessen the risk of getting scammed since those exchanges are already being licensed which they cant easily run off on the money we do have on their. Banning on ICO is just a step up which it did really affect the price of most coins in the market.

R


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September 19, 2017, 01:57:23 PM
 #312

I think the US will start regulating ICOs, which means there will be fewer of them.

Fewer but better of them. The less scams we have, the more trust will flow into this young market, which will only add fuel to the mass adoption that's gonna make us all very wealthy
I would really rather prefer on regulating exchanges so that we would be somehow do have assurance on using the exchanges and lessen the risk of getting scammed since those exchanges are already being licensed which they cant easily run off on the money we do have on their. Banning on ICO is just a step up which it did really affect the price of most coins in the market.

The exchanges will be regulated in time, no doubt. ICO's will be regulated as well, as there are way to many scams going on today, like I said

imusify
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September 19, 2017, 05:33:45 PM
 #313

Hey Ho, Nah, there will be a effect, but its not that bad, because too many ICOs are getting on, so we will just wait what will happen on the crazy market
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September 20, 2017, 02:07:54 AM
 #314

Yeah it's too bad that China band ico. Already market crash one time. I think end of the month crypto market will crash again. But it's happening.  We believe that crypto rise again in near by future.

who cares, china is stupid
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September 20, 2017, 08:48:22 AM
 #315

Yeah it's too bad that China band ico. Already market crash one time. I think end of the month crypto market will crash again. But it's happening.  We believe that crypto rise again in near by future.

who cares, china is stupid


i think they preventing people from money laundering, causing big threat to the ico's, not totally banned but maybe when time's come it slowly back to normal. and i think they filtering something.

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September 21, 2017, 01:18:55 AM
 #316

Yeah it's too bad that China band ico. Already market crash one time. I think end of the month crypto market will crash again. But it's happening.  We believe that crypto rise again in near by future.

who cares, china is stupid


i think they preventing people from money laundering, causing big threat to the ico's, not totally banned but maybe when time's come it slowly back to normal. and i think they filtering something.

banning bitcoin exchanges is not the right way, its like banning the 99% because of what the 1% did
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September 21, 2017, 01:24:26 AM
 #317

In the long run it won't mean anything. But for now people are kinda panicking because of bad news.
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September 21, 2017, 04:37:44 AM
 #318

Yes China is a big economy but world is more big then china. And Crypto Currencies at start point.
There is more way. So lets collect our gains. Smiley


China wants to manipulate the bitcoin i believe this is their hidden agenda of the banning drama now it will be their peoples lost not ours. I feel sad of some Chinese investors are bankrupt because they are forced to sell their bitcoins and altcoins. Now they are waiting for their government that banning will be remove so that they could start a new investment immediately may their government help them to recover of what is loss.
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September 21, 2017, 08:59:55 AM
 #319

Yes China is a big economy but world is more big then china. And Crypto Currencies at start point.
There is more way. So lets collect our gains. Smiley


China wants to manipulate the bitcoin i believe this is their hidden agenda of the banning drama now it will be their peoples lost not ours. I feel sad of some Chinese investors are bankrupt because they are forced to sell their bitcoins and altcoins. Now they are waiting for their government that banning will be remove so that they could start a new investment immediately may their government help them to recover of what is loss.

In the long run they won't benefit from banning. Look at the alcohol-ban in the US decades ago. I say let the burn themselves, the rest of us will keep investing and making money whilst they cripple their economy in a worthless attempt to control the uncontrollable

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September 21, 2017, 09:49:36 AM
 #320

Yes China is a big economy but world is more big then china. And Crypto Currencies at start point.
There is more way. So lets collect our gains. Smiley


China wants to manipulate the bitcoin i believe this is their hidden agenda of the banning drama now it will be their peoples lost not ours. I feel sad of some Chinese investors are bankrupt because they are forced to sell their bitcoins and altcoins. Now they are waiting for their government that banning will be remove so that they could start a new investment immediately may their government help them to recover of what is loss.

In the long run they won't benefit from banning. Look at the alcohol-ban in the US decades ago. I say let the burn themselves, the rest of us will keep investing and making money whilst they cripple their economy in a worthless attempt to control the uncontrollable
They will never do that,  some years pboc already tried to give a warning or banned the crypto from their local community but they can't. because this is crypto and everywhere already connected to the internet right now and they can access the crypto everytime.
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