Should We Be Panic Of ICO Ban?

[blockchainmarketus]

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?

[VTS]

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?

I would only panic about investing in scam icos.

Other there are 2 scenarios for me:

1. Atm we have 4 countries regulating icos that is by far not "ALL" world. Other countries will slowly follow and icos will be regulated everywhere. The regulations will force issuers of icos to register a company, be transparent, pay taxes and give guaranties to investors and be fully legal responsible.

2. Not all countries will follow, anonymous coins will rise and icos will be held in countries with no regulations. Everything will work as before...

[CryptoClown]

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?

I would only panic about investing in scam icos.

Other there are 2 scenarios for me:

1. Atm we have 4 countries regulating icos that is by far not "ALL" world. Other countries will slowly follow and icos will be regulated everywhere. The regulations will force issuers of icos to register a company, be transparent, pay taxes and give guaranties to investors and be fully legal responsible.

2. Not all countries will follow, anonymous coins will rise and icos will be held in countries with no regulations. Everything will work as before...

Same thoughts. There's no need to panic as there are still other countries who can hold ICO's and everything will be back to normal soon. I am sure the developers of these coins will find a way to brings things back as the way before.

[w0lf0.]

Never a fucking good notice....now the Ico ban in China and value of coins crashing, i hope it's only temporaly

[Hyperme.sh]

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?

I would only panic about investing in scam icos.

Other there are 2 scenarios for me:

1. Atm we have 4 countries regulating icos that is by far not "ALL" world. Other countries will slowly follow and icos will be regulated everywhere. The regulations will force issuers of icos to register a company, be transparent, pay taxes and give guaranties to investors and be fully legal responsible.

2. Not all countries will follow, anonymous coins will rise and icos will be held in countries with no regulations. Everything will work as before...

Same thoughts. There's no need to panic as there are still other countries who can hold ICO's and everything will be back to normal soon. I am sure the developers of these coins will find a way to brings things back as the way before.

#1 is certainly the eventual outcome.

The SEC lead this with their warnings about The DAO. They coordinated with multiple countries to announce on the same day.

It is not a coincidence.

The main difficulty I think is getting the EU to enforce, because afaik their securities law does not (consistently for all nations in the EU) address investment securities outside of stocks listed on exchanges.

So maybe this was designed to embarrass/pressure the EU.

There is more going on than meets the eye.

[JayO88]

There should not be any panic just less scam ICO's, I think this is not bad idea there was to much hype already.

[onurgozupek]

This ban may not be permanent. So it's better not to panic and be patience.

[tokensepton]

It is never a good idea to panic )

The major drag on growth of proven crypto currencies like Bitcoin and Ethereum is the risk of new expected regulations that will limit their use. And one of such events just happened. But it does not mean that it is not possible to use crypto currencies in other applications so the news should not have a disastrous effect.

[Amalker]

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?

I would only panic about investing in scam icos.

Other there are 2 scenarios for me:

1. Atm we have 4 countries regulating icos that is by far not "ALL" world. Other countries will slowly follow and icos will be regulated everywhere. The regulations will force issuers of icos to register a company, be transparent, pay taxes and give guaranties to investors and be fully legal responsible.

2. Not all countries will follow, anonymous coins will rise and icos will be held in countries with no regulations. Everything will work as before...

Good thoughts.
For now China is blocked ICO, but this does not mean that they don't allow ICO's (with some recommendations) yesterday.

[kryptqnick]

Never a fucking good notice....now the Ico ban in China and value of coins crashing, i hope it's only temporaly

I'm sure it is. There has never been such a thing on cryptomarket that actually ruined it. We've seen big dumps followed by big pumps after some time. I think this will happen this time as well. Even if Chinese people won't build many icos - there are many other strong countries that will still help this world to keep going. I'm currently very upset with iota going down, but I will be patient and look forward to the better future.

[yunuzov]

I know it seems scary but if you take a closer look this ban may even help us in the future. Less scam ICOs and more true trustworthy campaigns to invest on. So i don't see a reason to panic. Just hold on and your coins will gain value again in couple of weeks.

[slaman29]

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?

I would only panic about investing in scam icos.

Other there are 2 scenarios for me:

1. Atm we have 4 countries regulating icos that is by far not "ALL" world. Other countries will slowly follow and icos will be regulated everywhere. The regulations will force issuers of icos to register a company, be transparent, pay taxes and give guaranties to investors and be fully legal responsible.

2. Not all countries will follow, anonymous coins will rise and icos will be held in countries with no regulations. Everything will work as before...

I would panic if I joined an ICO that was clearly made in or run by people from China. Why? Because this latest ban also asks that ICO creators there now start to refund the crypto to its investors. Do I think this is really going to happen? I doubt so. But yes, I think even if not, there is no reason to feel afraid. None of this will cause people to just suddenly lose money. Unless those ICOs just get afraid and disappear!

[Earn with Bitcoin]

I think in the long term, ICOs will be more of a conventional investing instrument (more regulated, more codified rules and procedures). Not a big loss, only for the scammers and tax evaders, in the long run. Problem is just, what happens to the ICOs going on right now? They will probably feel a bit of pain, due to uneasiness about the future and lack of trust by investors. It's a shame, as it might kill some good ideas & conecepts for Blockchain products.

[Herdirfauzi]

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?

about the price of altcoin and bitcoin that have falling or falling prices I do not panic, because that is the usual thing. I panicked when ICO was banned from China, Russia and Korea. hopefully other countries do not follow the path of the ban on ICO.

[Herdirfauzi]

I know it seems scary but if you take a closer look this ban may even help us in the future. Less scam ICOs and more true trustworthy campaigns to invest on. So i don't see a reason to panic. Just hold on and your coins will gain value again in couple of weeks.

how can this help ico? If ico is banned, we can not participate in other people's projects, and we do not get that token? Actually I do not understand what you say, I still feel panic if ico has been banned closed, hopefully not happen.

[bitcoinvestor]

This ban may not be permanent. So it's better not to panic and be patience.

I hope so, the ban isnot permanent. When three countries together ban ICOs I think it is not coincidence. WHo is the target of the country behind this policy?

[okissabam]

China is just one country though it has brought a lot of investors to the table it does not affect the whole crypto community. I think we should not be in panic and wait for what's coming next. Anyways not all ICO's are scam although there are some.

[yugyug]

ICOs should be ban if they are not following the standard rules and policies for investment securities, taxes, and other legal documents to pursue their products and services. Initiating an ICOs is like initiating a stock market for public offering, if it is regulated then ICOs would be legal and the only trouble is on the side of scammers and fraudulent businessmen and entrepreneur who are evading taxes and legalities other than if it is legalised then we shouldn't be worried about our investment 'coz as an investor we are also protected as per government policy.

[Teraboy]

China is just one country though it has brought a lot of investors to the table it does not affect the whole crypto community. I think we should not be in panic and wait for what's coming next. Anyways not all ICO's are scam although there are some.

even after that some of countries trying to tighten the rules for all these ico to avoid scammy icos. it's all better with the regulation and let the crypto world evolve to another level. if people have seen how bitcoin back then struggling to some banning news and now bitcoin has reached new ATH and far surpasses the price of BTC long ago. what could go wrong with these ICOS?

[coingrow]

Why should we panic? Just knwo that there will be less money flowing in ICO as compared to before. And all the shaddy ICO will vanish. In my opinion its a good thing!