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Author Topic: CHINA CAN'T STOP US  (Read 1865 times)
ZepaniZeppos (OP)
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September 05, 2017, 02:38:27 AM
 #1

Hello,

China declared ICO's illegal.
Why does this even matter?
Bitcoin is not a bank we can spend it on whatever we want

Legal or not why does it matter I don't get it LOL Grin

I'm in ZRX right now. It crashed and double dottomed. Let the MOON begin!
nadrojcote
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September 05, 2017, 02:47:20 AM
 #2

Hello,

China declared ICO's illegal.
Why does this even matter?
Bitcoin is not a bank we can spend it on whatever we want

Legal or not why does it matter I don't get it LOL Grin

I'm in ZRX right now. It crashed and double dottomed. Let the MOON begin!

It's not that people aren't allowed to invest in ICO's. It's that Chinese companies are not allowed to crowdfund through ICO's.

Do some reading on the subject.
ZepaniZeppos (OP)
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September 05, 2017, 02:48:48 AM
 #3

Hello,

China declared ICO's illegal.
Why does this even matter?
Bitcoin is not a bank we can spend it on whatever we want

Legal or not why does it matter I don't get it LOL Grin

I'm in ZRX right now. It crashed and double dottomed. Let the MOON begin!

It's not that people aren't allowed to invest in ICO's. It's that Chinese companies are not allowed to crowdfund through ICO's.

Do some reading on the subject.

Well that's besically the same thing
Rostchild
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September 05, 2017, 03:38:44 AM
 #4

It is clear that smart contrat platform for ICO is having only one famous golden boy,
I am waiting the right moment to buy golden boy for ICO during its lowest price.

There are many ICO this month and next month.

ICO will be huge and many people still get involved there, it is creativity and techie
Lets invest and make the world know about it
Drizzlepistol
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September 05, 2017, 03:57:40 AM
 #5

China people can do anything they want. Dont try stop China people.

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September 05, 2017, 05:25:23 AM
 #6

If china dont want Ico. Let them buy our bags. Cool logic
thompshma
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September 05, 2017, 05:50:27 AM
 #7

Hello,

China declared ICO's illegal.
Why does this even matter?
Bitcoin is not a bank we can spend it on whatever we want

Legal or not why does it matter I don't get it LOL Grin

I'm in ZRX right now. It crashed and double dottomed. Let the MOON begin!

It's not that people aren't allowed to invest in ICO's. It's that Chinese companies are not allowed to crowdfund through ICO's.

Do some reading on the subject.

Well that's besically the same thing

No that's definitely is not the same thing at all.  
Bowtiesarecool
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September 05, 2017, 07:29:26 AM
 #8

Hello,

China declared ICO's illegal.
Why does this even matter?
Bitcoin is not a bank we can spend it on whatever we want

Legal or not why does it matter I don't get it LOL Grin

I'm in ZRX right now. It crashed and double dottomed. Let the MOON begin!

It's not that people aren't allowed to invest in ICO's. It's that Chinese companies are not allowed to crowdfund through ICO's.

Do some reading on the subject.

Well that's besically the same thing

No that's definitely is not the same thing at all.  
Oh! Finally some clarity. It's not the people. It's the companies. Then, I don't get where all this panicking is coming from. Basically, the people still have their digital assests and can buy into any ICO they want. It's company that can't source for funds via ICO. It's not a ban on the people, just companies, right?
ruffles2016
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September 05, 2017, 07:38:09 AM
 #9

I agree. Chinese government should allow people what they want. They didn't ban people from buying or having crypto, that is good. But creating ICOs shouldn't be illegal. I know there are loads of scammy ICOs but those ones should be outlawed. Not all ICOs.



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Stavri
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September 05, 2017, 07:40:45 AM
 #10

The main advantage of crypto-world is it is decentralized. Cryptocurrencies use blockchain technology. So nobody stop them actually. No any government or group or person. But they can control founders and fund's real bank account activities.
wojak
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September 05, 2017, 07:59:41 AM
 #11

I think China is just a top of iceberg.
There is very strong lobby of bankers and brokers. In most countries below articles about bitcoin you can read super long list of comments that bitcoin is not real, it is bubble, it is worthless. If you will ask your advisor - he will tell you not to invest in cryptocurriences, banks are forcing banning of cryptocurriencies. They will loose huge amounts of money.
Simple example: what would you choose: 2 days upto 2 weeks expensive unconfirmed (you dont know if someone didnt sent or bank is playing with your money) international money transfer, or super fast, cheap and confirmed crypto transfer?

So last week we have seen:
1. Putin forced by lobby trying to ban people from crypto trading, only professional brokers will be able to do that.
2. China in panic bans ICO's, now they are realising this decision was too fast and too stupid
3. Many articles, written even by noble prize winners, that it is huge bubble and worthless
4. A lot of articles about huge dumps of BTC, generating panic

We are at the edge of economic war.

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twiifm
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September 05, 2017, 08:02:54 AM
 #12

Hello,

China declared ICO's illegal.
Why does this even matter?
Bitcoin is not a bank we can spend it on whatever we want

Legal or not why does it matter I don't get it LOL Grin

I'm in ZRX right now. It crashed and double dottomed. Let the MOON begin!

I'm sorry, but China's effort is in vain. People in it will not stop investing in ICOs and will continue to grow.

This is not something that China can take. It's not enough power. It's not a battle or psychological control!
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September 05, 2017, 09:53:52 AM
 #13

China can stop nothing but it seems they can make big effects on the market. Have you ever also think about why they declared ico as illegal? It's not about stopping something.

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September 05, 2017, 10:07:01 AM
 #14

Hello,

China declared ICO's illegal.
Why does this even matter?
Bitcoin is not a bank we can spend it on whatever we want

Legal or not why does it matter I don't get it LOL Grin

I'm in ZRX right now. It crashed and double dottomed. Let the MOON begin!

It's not that people aren't allowed to invest in ICO's. It's that Chinese companies are not allowed to crowdfund through ICO's.

Do some reading on the subject.

Well that's besically the same thing

No that's definitely is not the same thing at all.  
Oh! Finally some clarity. It's not the people. It's the companies. Then, I don't get where all this panicking is coming from. Basically, the people still have their digital assests and can buy into any ICO they want. It's company that can't source for funds via ICO. It's not a ban on the people, just companies, right?
All this panic Makes the market recession.  Cheesy
ZepaniZeppos (OP)
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September 05, 2017, 10:22:34 AM
 #15

Hello,

China declared ICO's illegal.
Why does this even matter?
Bitcoin is not a bank we can spend it on whatever we want

Legal or not why does it matter I don't get it LOL Grin

I'm in ZRX right now. It crashed and double dottomed. Let the MOON begin!

It's not that people aren't allowed to invest in ICO's. It's that Chinese companies are not allowed to crowdfund through ICO's.

Do some reading on the subject.

Well that's besically the same thing

No that's definitely is not the same thing at all.  
Oh! Finally some clarity. It's not the people. It's the companies. Then, I don't get where all this panicking is coming from. Basically, the people still have their digital assests and can buy into any ICO they want. It's company that can't source for funds via ICO. It's not a ban on the people, just companies, right?
All this panic Makes the market recession.  Cheesy

Well. I mean that they both need each other. Why would people invest in a company if they know they aren't gonna get anything?
Anyway how can China even know. This is Blockchain. They can't really prove anything.
Bowtiesarecool
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September 05, 2017, 11:09:32 AM
 #16

Hello,

China declared ICO's illegal.
Why does this even matter?
Bitcoin is not a bank we can spend it on whatever we want

Legal or not why does it matter I don't get it LOL Grin

I'm in ZRX right now. It crashed and double dottomed. Let the MOON begin!

It's not that people aren't allowed to invest in ICO's. It's that Chinese companies are not allowed to crowdfund through ICO's.

Do some reading on the subject.

Well that's besically the same thing

No that's definitely is not the same thing at all.  
Oh! Finally some clarity. It's not the people. It's the companies. Then, I don't get where all this panicking is coming from. Basically, the people still have their digital assests and can buy into any ICO they want. It's company that can't source for funds via ICO. It's not a ban on the people, just companies, right?
All this panic Makes the market recession.  Cheesy
Someone is making a killing buying some coins dirt cheap at the moment
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September 05, 2017, 11:12:25 AM
 #17

I think China is just a top of iceberg.
There is very strong lobby of bankers and brokers. In most countries below articles about bitcoin you can read super long list of comments that bitcoin is not real, it is bubble, it is worthless. If you will ask your advisor - he will tell you not to invest in cryptocurriences, banks are forcing banning of cryptocurriencies. They will loose huge amounts of money.
Simple example: what would you choose: 2 days upto 2 weeks expensive unconfirmed (you dont know if someone didnt sent or bank is playing with your money) international money transfer, or super fast, cheap and confirmed crypto transfer?

So last week we have seen:
1. Putin forced by lobby trying to ban people from crypto trading, only professional brokers will be able to do that.
2. China in panic bans ICO's, now they are realising this decision was too fast and too stupid
3. Many articles, written even by noble prize winners, that it is huge bubble and worthless
4. A lot of articles about huge dumps of BTC, generating panic

We are at the edge of economic war.

Countries like China and Russia fear capital flight, that's why they're cracking down.

Regarding the articles about bitcoin falling - a week ago they were writing excitedly about bitcoin rising - it's just journalists doing what journalists do. Nothing to worry about.

 
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September 05, 2017, 11:19:38 AM
 #18

well, they can't stop crypto. but they do have a great impact on the general market and it will take some time for it to recover.
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September 05, 2017, 11:24:04 AM
 #19

I think many people understand in a different way that people from china didn't invest into ICO's. But later understanding companies should not allowed to raise fund through the ICO's.

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September 05, 2017, 01:36:39 PM
 #20

That's what I am talking about

http://www.mirror.co.uk/tech/banks-spread-fake-news-stories-11107961

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