Chinese government banned all of ICOs

[maikala]

China is a country with a lot of ICO hatched here, it is a huge profit, ICO Ban Chinese influence the whole market and everything fell. Each time an Asian trading website lists a particular coin, the coin rises

[knggtrrz]

https://www.bloomberg.com/news/articles/2017-09-04/china-central-bank-says-initial-coin-offerings-are-illegal


though it is true that chinese central bank bans all the initial coin offerings.  But we should not panic.  All the revolutions suffer opposition from the present systems.  The crypto will have to fight the old system and history is a proof that all the revolutions i.e. new comers have won and the old systems have to accept the kingdom of the new revolutions.  Just hold with patience.

I agree, even china bans all icos there are still a lot of countries that allowed or not ban the icos so other people can still use it, also china people are clever enough to by pass this.

[slavenkov]

oзнaчaeт ли зaпpeт, чтo никтo нe бyдeт в ниx yчaвcтвoвaть?

[hurry_hore]

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?

That was on the time, but now the trends of each government tend to accept bitcoin and crypto moreover on last G-20 convention had been stated that crypto is not a threat for their economic.

[Boldcom]

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?

China boasts an immense international economic influence and has contributed greatly to the international industries of business, service providing, and manufacturing. Considering its vast power, it was inevitable that China would take a firm stance regarding cryptocurrencies.

[maxreish]

Very bad news again in crypto business and certainly has a bad effect on the price of the bitcoin in the market for sure, but nothing we can do if chinese government recognized all of  ICOs are illegal in thier own country.

[KodyAaron]

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?

The Chinese government is becoming a bit strict about this but you stay calm in all situations. It is what investors should do. Make sure you are holding coins like PRG, ICX etc that have a good future and are definite to rise. The rest will be fine, just wait.

[MontagueEugene]

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?

Well yes, this is not a good state but it is okay, you have to analyse situations and stay patient. The investors are supposed to stay wise, invest in TAU, DRGN and ICX, keep them in your wallets. You should coins like these that shall rise this year.

[bncbnc]

Very bad news again in crypto business and certainly has a bad effect on the price of the bitcoin in the market for sure, but nothing we can do if chinese government recognized all of  ICOs are illegal in thier own country.

This is not for the first time happen, i think that such news have already affected the market but after that the price recover too much. Now i think that the price has already started increasing its price and therefore the price is now again trading above 6500$, that is really a very good news for bitcoin. I hope that bitcoin price will again rise too much high.

[Dmitry.Vastov]

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?

This is a very very bad news and I don’t understand one thing that why these people don’t understand the real fate and potential of bitcoin, bitcoin has always helped millions of people and has always proved its worth to be very great and has also reduced poverty to a very great extent but still there are many countries who are in against of bitcoin and does not want to legalise it, for this we need to create awareness among people about bitcoin so that they could understand the real potential of bitcoin and bitcoin will become the central currency world wide.

[quynhtrang666]

The Chinese government has banned Facebook from operating in their territory. and ban many other social networking sites. I have heard they tighten management with bitcoin and now they banned the ICO project. Is the Chinese government too strict?

[honey8]

Only chinese govt did it. Not other countries,Icos have value. Its upto s to choose the right project.

[anushkasachith888]

As you know the Chinese government is one rule party. the Chinese communist party. They are very tight with their safety. they aren't banning cryptocurrency, they're protecting their citizens from getting scammed by the pump and dump ICOs. There are plenty of bitcoin miners in China. China won't ban ICOs. but they stay close for their own safety. you must understand this situation.

[Mhd-Bobbi]

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?

And finally 2 major countries on every continent prohibit fundraising or Crowdfunding Cryptocurrency, starting from America and followed by China.
Hopefully this news does not make big investors withdraw from the Crypto market.

[Amanda Green]

There is one cool project - Socratus. I really like their concept - a platform for insurance companies that was created in order to make the communication between customer and insurance company more convenient and simple. It helps to get read of annoying personal meetings and paper work. With this ecosystem, companies will be able to cut operating costs, create new insurance products, deal with data analysis more efficiently and many other benefits

[forbesmining]

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.

Maybe it is a reason why the Chinese government bought a lot of kind of Bitcoin. They think that people inside the country must only work for the government.

[maculeth]

i hope only china do it. if other countries do the same and all ico in the tire, then the crypto industry will decrease and it will affect the market that will increasingly crash.

[khanhtu156894@gmail.com]

They always create uncomfortable conditions and unreasonable laws then reverse it after a few days. It always creates adverse conditions for Crypto

[banks38]

Once crypto goes further and further into the mainstream China will have no choice but to settle down.  If not and they try to control their people like they they get either a revolt or the stone age. 

[aljareauisback]

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?

bitcoin will down if china banned all of icos project!
in difrent way its a best choice to avoid scam
because to many project ico they are scam