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Author Topic: Chinese government banned all of ICOs  (Read 2638 times)
khaled0111
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September 15, 2017, 09:48:26 AM
 #41

As happened last time, the crisis didn't last long and bitcoin recovered and pumped again.
So, as traders, we have to take this opportunity and buy Bitcoin while it's going down and just hold.
Chinease government can't stop bitcoin forever since it's a world wide concept and coming against it is not a good move and they have to find another way to control and monitor their local cryptocurrency investors.

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Armstand
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September 15, 2017, 09:57:51 AM
 #42

As happened last time, the crisis didn't last long and bitcoin recovered and pumped again.
So, as traders, we have to take this opportunity and buy Bitcoin while it's going down and just hold.
Chinease government can't stop bitcoin forever since it's a world wide concept and coming against it is not a good move and they have to find another way to control and monitor their local cryptocurrency investors.

Soon when investors of China finds a way to get back on track,even thru vpn and other platforms they will surely use it. Crypto are the newest way of investing now and it will be the trend in the future.
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September 15, 2017, 03:06:36 PM
 #43

I heard the news is a Hoax. The news was spread to lower BTC prices, in fact this is an opportunity for us to buy Bitcoin with low.
cexylikepie
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September 15, 2017, 03:50:57 PM
 #44

As happened last time, the crisis didn't last long and bitcoin recovered and pumped again.
So, as traders, we have to take this opportunity and buy Bitcoin while it's going down and just hold.
Chinease government can't stop bitcoin forever since it's a world wide concept and coming against it is not a good move and they have to find another way to control and monitor their local cryptocurrency investors.

Soon when investors of China finds a way to get back on track,even thru vpn and other platforms they will surely use it. Crypto are the newest way of investing now and it will be the trend in the future.
I remember someone is famous people has said: " Nobody can bans Bitcoin and the government also cannot do that! ". To best honest, I think this word really true, because if a country want to ban Bitcoin, they just skip the opportunity for develop the economy of their country Wink
khaled0111
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September 16, 2017, 04:25:54 PM
 #45

As happened last time, the crisis didn't last long and bitcoin recovered and pumped again.
So, as traders, we have to take this opportunity and buy Bitcoin while it's going down and just hold.
Chinease government can't stop bitcoin forever since it's a world wide concept and coming against it is not a good move and they have to find another way to control and monitor their local cryptocurrency investors.

Soon when investors of China finds a way to get back on track,even thru vpn and other platforms they will surely use it. Crypto are the newest way of investing now and it will be the trend in the future.

Sure, many ways to transcend Chinease ban as you montioned using vpn's fake ip's or even opening acoounts on other countries. Everything is possible these days.
You can never stop someone with a computer and access to the Internet.
I am sure Chinease government will realise, soon, that banning ICO's have more disadvantages than advantages and they will cancel it.
 

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December 28, 2017, 02:18:15 AM
 #46

The asian cryptomarket is very powerful, that's why the chinese ICO Ban affected the whole market and everything dropped. Each time an asian trading site listed a certain coin this coin increased highly. So we hope that the chinese government will overthink their decision. In the end we think that cryptocurrencies are the future and they can't be stopped long term.
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December 28, 2017, 02:21:04 AM
 #47

This is a serious threat
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December 28, 2017, 05:25:25 AM
 #48

This good news at least real ICO will take the lead at the moment while all fake ICO are taking to there burial ceremony although there is a big drop on the cryptocurrency but it will reform itself with time.
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December 28, 2017, 05:37:32 AM
 #49

Now this information will not make bad effect to bitcoin again.
Bitcoin and other altcoin can still stand without of chinese government.
Noesly
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December 28, 2017, 05:54:49 AM
 #50

In Chinese not impossible to banned of all ICO because like what I said Chinese is the one of the rich country and dependent, in Chinese bitcoin not important to, so that government do all the thing that think its not good for bitcoin so that they do it.

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February 21, 2018, 12:49:55 PM
 #51

In China, where 80% of the capacity for "mining" bitcoins is located, mining may be banned. Representatives of state agencies, fearing financial risks, issued an appeal last week to local authorities calling for an end to the activity, during which "mined" crypto-currencies, writes The Wall Street Journal.
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February 23, 2018, 03:38:42 PM
 #52

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tiktak89
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February 23, 2018, 03:42:36 PM
 #53

This news has been around for six months. But I want to note an interesting fact. The same news was repeated a few weeks ago. This suggests that you should not believe everything that the media write. The market and news are cyclical.

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vladimirnesgibaev1
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March 02, 2018, 08:22:51 PM
 #54

Nobody knows what will happen to the bitcoins in 5 or 10 years maybe it will not be at all.
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March 06, 2018, 09:37:22 AM
 #55

Now a lot of questions how to make money on the Crypto currency, and so I recommend to beginners and not to lead.
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April 10, 2018, 03:21:48 AM
 #56

But China has binance for cryptocurrency
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April 10, 2018, 03:32:55 AM
 #57

https://www.sosobtc.com/article/23790.html

Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?


I don't know how democratic consensus works in China ... my guess is that it is not much different than western democracies

https://en.wikipedia.org/wiki/Democracy_in_China  

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April 10, 2018, 03:37:17 AM
 #58

https://www.sosobtc.com/article/23790.html

Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?


I view this as bad for crypto but good for clueless investors.  Its bad for crypto because it will decrease the influx of money coming into the crypto market which will slow down the increase in price rises.  It's good for clueless investors because now they wont be getting scammed by sham ICO's that try to prey on the uneducated by luring them with catchphrases like block chain and disruptive technology.

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April 18, 2018, 12:20:52 PM
 #59

ICOs of late have actually become a way for people who are looking to make quick money to scam others out of their hard earned money so I can understand why china has taken such an action to protect its citizens.
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May 10, 2018, 04:56:23 PM
 #60

I do not think that this will last for long, against technologies and development you will not trample on Smiley
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