Should We Be Panic Of ICO Ban?

[Piston Honda]

you should be GLAD they will ban ICO's wtf

[_Dawid_]

I don't think that we should panic so far, the loss is kinda stronger than before but it's not CRASH The main fundamental informations that affect investors adversely were CHINA ICO BAN and JP Morgan boss speech as we can read in news. I hope these both are only temporary mood and soon investors will buy more. Future of ICO still looks bright, but if some country will ban SCAM ICO then it's a good news.

[mace15]

Altcoin prices will eventually go up, the thing is that there has been a lot of issues in general that affect a lot of countries economies and thus altcoins economies. One of those issues is the ICO Ban in China as you stated, but also natural disasters may play a role there.

Yes altcoin price will recover again do many has sell off and do panic because of ICO ban. China has been keen to ICO to lessen those scam and being careful that may affect the economy. But all of these I believe price will soaring high again.

[lionheart89]

The price of altcoin and bitcoin drop. Should we be panic? What do you think of the situation. Will ICOs stop because of the ban by China, Russia and Korea? Will others follow those countries? What is the future of ICO?

Panic that keeps the market down.
i think this prohibition is only temporary, maybe after this incident will be born regulations that will be mutually beneficial to the parties concerned.

[Timeclo]

I don't think so. Unless you are someone who only invests in ICO's, there are plenty of good coins and investments out there. I don't really care if ICO's stop coming in or not.

[Makka]

As mentioned earlier there are too many good coins to choose where to invest. ICO ban is also temporary and not all top crypto countries ban it. Some governments want to regulate this ICOs according to their laws. This might have positive and negative impacts. Positive because scam ICOs and securing investors money will surely be taken care of.

[blockchainmarketus]

I don't think so. Unless you are someone who only invests in ICO's, there are plenty of good coins and investments out there. I don't really care if ICO's stop coming in or not.

That's a strong statement. For me, I still depends on ICO to make money because investing in ICOs is quite profitable if I can predict the best ICO will be succesfull and legit. When I buy token in presale , I got the lowest price, after the token listed in exchange and pumped, that's the time I make a huge money, why I create thread "Should we panic in ICO ban?

[MV7]

It came out that the ICO ban in China is just temporary. It's actually a great time to buy now as I think the price will soon shoot up when people hear the news

https://cointelegraph.com/news/great-time-to-buy-bitcoin-as-unreliable-sources-from-china-spook-markets-
https://cointelegraph.com/news/china-ban-on-ico-is-temporary-licensing-to-be-introduced-official

[johnsaributua]

The price of altcoin and bitcoin drop. Should we be panic? What do you think of the situation. Will ICOs stop because of the ban by China, Russia and Korea? Will others follow those countries? What is the future of ICO?

Really, is it true that russia and korea have banned ICO?

True that China and Also Russia  and Korea too have banned ICO But they are still thinking about legalizing it. and so there is a hope that they will change their decision and recognize bitcoin like other countries like America, japan or Canada. don't panic...

may i know source of this news ?

[banake]

Blockchain is future Technology. There is no reason to ban ICO, to ban a future tech.
They can ban exchange but we will have decentralized exchange soon
Bitcoin was born not be controlled by any government

[Selfpay - Raphael]

I would be puzzled if Korea is banning ICO with that news in mind : https://news.bitcoin.com/koreas-exchange-coinone-launches-physical-cryptocurrency-exchange/

[oreits11]

the use as exchange to gives of offers as user of coins to work with the request of transfers as cashing out coins on value with the fiat price, as more to work with the finance arbitraging auction as collecting spares with the differences on drawing as the shifts on coin values,
the chance gives of good option for developer as working with the offers as delivering service to the public audience.

[onrise]

I don't think so. Unless you are someone who only invests in ICO's, there are plenty of good coins and investments out there. I don't really care if ICO's stop coming in or not.

Well ICO were predominately very god for the real investors because after analyzing and understanding about the coin and if you believe it will create a future demand its always advisable to invest in such coins because you are getting a discounted rate and this is where you have advantage in terms of price as you buy in bulk and sell it at later in good margins.

This will be a huge blow actually for many of them now.

[gyu22]

According to blog posts from two of the largest bitcoin exchanges in China, Huobi and Okcoin will be closing operations on October 31. Meanwhile, bitcoin markets have rebounded to the $3640 range following the announcements.

https://news.bitcoin.com/bitcoin-markets-rebound-as-more-chinese-exchanges-plan-to-close-operations/

[moemoolah37]

The price of altcoin and bitcoin drop. Should we be panic? What do you think of the situation. Will ICOs stop because of the ban by China, Russia and Korea? Will others follow those countries? What is the future of ICO?

ICOs won't stop. Chinese won't be able to join, though..

[johnsm79]

and why Chinese wont be able to join? If you think about it most of the crypto community in China is using vpn. On the other hand the government wont be able to block every ICO out there.. if someone wants to contribute, he can find a way.

[Temmy007]

I see this as an opportunity to buy in big,  it the rules of cryptocurrency,  anthing that rise must fall and anything that fall must rise

[R3ffun]

The price of altcoin and bitcoin drop. Should we be panic? What do you think of the situation. Will ICOs stop because of the ban by China, Russia and Korea? Will others follow those countries? What is the future of ICO?

don't be panic of this situation, for now bitcoinup again i think bitcoin go to $5000 so all of altcoin will be follow to up price asap. so wait and see in this situation

[senin]

There should not be any panic related to the current restrictions and prohibitions in China regarding crypto currency. In extreme cases, the crypto currency can function normally without China. However, the Chinese government is not going to prohibit the crypto currency at home. So everything will soon fall into place and the crypto currency will continue its victorious procession around the world.

[irmasany]

The price of altcoin and bitcoin drop. Should we be panic? What do you think of the situation. Will ICOs stop because of the ban by China, Russia and Korea? Will others follow those countries? What is the future of ICO?

panic occurs due to the decline in the price of crypto. and happened a few days yesterday. all involved looks panicked. but no need to worry. everything has gone back to normal. we can see in the market. bitcoin prices start to rise slightly.