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Author Topic: Should We Be Panic Of ICO Ban?  (Read 5113 times)
Mr
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September 06, 2017, 05:21:31 PM
 #81

Why do we need to be panic? Without ICO, there will be more chance for original cryptocurrency to grow and mineable coins have more space to develop. There are many mineable coins which are undervalued such as litecoin or Ethereum classic. And even though it is not mineable coin, byteball needs to be treated better because it uses a different algorithm

None of the above
lentzaj
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September 06, 2017, 06:13:57 PM
 #82

I would no say panic but we definitely need to investigate what is going on on the crypto world. This unregulated is something that governements are afraid of.

Crypto's by making transactions and P2P exchange possibly anonymous are a powerful path of emancipation for people.

But at the same time governments understand the potential of crypto and therefore ICO's in terms of innovation and economic development. 

So long term panuc OK but I think that in a long  term perspective everything will still be able. ICO's and crypto will go mainstream-regulated

 


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cryptoking710
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September 06, 2017, 06:25:55 PM
 #83

America banned ICO's but Americans still use Vpn's to register for ICO's I'm not sure on China's closed internet system if this method would work?

On the flip side... more regulation means these coins are getting recognised as a real currency...

OracionSeis
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September 06, 2017, 07:12:20 PM
 #84

Why do we need to be panic? Without ICO, there will be more chance for original cryptocurrency to grow and mineable coins have more space to develop. There are many mineable coins which are undervalued such as litecoin or Ethereum classic. And even though it is not mineable coin, byteball needs to be treated better because it uses a different algorithm
Ethereum Classic is an altcoin fork from old blockchain hacked of Ethereum, the price of Ethereum Classic cannot grow in future if you do not want hacker money laundering from it Smiley. Litecoin also a clone from Bitcoin, for me this coin not better than Monero or Dash or Ethereum if you want compare to old altcoin.

Time off to sleep ... ( ̄︶ ̄)~
blockchainmarketus (OP)
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September 08, 2017, 03:44:34 AM
 #85

Why do we need to be panic? Without ICO, there will be more chance for original cryptocurrency to grow and mineable coins have more space to develop. There are many mineable coins which are undervalued such as litecoin or Ethereum classic. And even though it is not mineable coin, byteball needs to be treated better because it uses a different algorithm
Yes, I agree ICOs don't represent cryptocurrencies. ICOs is just a way to raise fund.  Most coins don't have their own blockchain. There are ICOs based on ETH platform and the coin is premined. I think the tokens will be worthless after that. That's is why some countries regulate ICOs from being abused as the scam and fake investment programs. There will be better ICO and more trusted ICO after the ban I hope.
Fundamentals Of
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September 08, 2017, 04:04:29 AM
 #86

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?

This is done! Finished with this business already. The effect was immediate and kinda significant. But that was that and it was now a part of history. Right now, we are recovering rather fast. And before we know it, we are already breaking some new all time high. Cheers for all the alts and Bitcoin! Higher!
AjithBtc
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September 08, 2017, 04:11:13 AM
 #87

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?

This is done! Finished with this business already. The effect was immediate and kinda significant. But that was that and it was now a part of history. Right now, we are recovering rather fast. And before we know it, we are already breaking some new all time high. Cheers for all the alts and Bitcoin! Higher!
As mentioned in the above statement it gave an sudden impact, and the recovery took place must faster take it to reach ath. As the ban is on one of the top digital currency using country the ban generated an impact, but this was comprised with the investment backing from people over the other parts of the world. Right now China people will be in search of an way to make use of ICO's.

blockchainmarketus (OP)
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September 09, 2017, 11:34:55 AM
 #88

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?

This is done! Finished with this business already. The effect was immediate and kinda significant. But that was that and it was now a part of history. Right now, we are recovering rather fast. And before we know it, we are already breaking some new all time high. Cheers for all the alts and Bitcoin! Higher!
As mentioned in the above statement it gave an sudden impact, and the recovery took place must faster take it to reach ath. As the ban is on one of the top digital currency using country the ban generated an impact, but this was comprised with the investment backing from people over the other parts of the world. Right now China people will be in search of an way to make use of ICO's.
The recovery is faster than I think. I think China citizens will keep investing in ICOs in their way without detected by the government. ICOs in general will grow as the opportunity for start ups is widely open. Many start ups can raise money instantly without being got debt from banks. Banks are suckers to new start ups.
Akash1243
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September 09, 2017, 01:19:26 PM
 #89

ICOs ban from China,Russia and Korea has affect alts and bitcoins both but they have recovered faster then anyone would think.I don't think so that there is any need for panicking as all will be normal in few weeks.The only thing we should care is about fake or scam ICOs which there are many.Now alts and Bitcoin will rise like usual.
NRF
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September 09, 2017, 01:21:13 PM
 #90

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 hope they just control it to avoid many Scam ICO
Boov
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September 09, 2017, 01:35:30 PM
 #91

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?

Well i think the move of china is really fast and not really thinking of it. Though we all know that there a lot of scam coins and other coins that is not good there are more lot of coins that is really promising that you should invesst more or support more. China ban directly those without lot of investegations i think those following countries will study first if they will ban it or not
daenarys_stormborn
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September 09, 2017, 01:42:16 PM
 #92

I think we do not have to panic, but if you have altcoin which is now its fall coin, it is worth to panic, but I am sure this is only temporary and we should be patient

Lagduf
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September 09, 2017, 01:56:54 PM
 #93

America banned ICO's but Americans still use Vpn's to register for ICO's I'm not sure on China's closed internet system if this method would work?

On the flip side... more regulation means these coins are getting recognised as a real currency...
The internet shouldn't be closed, because all of the goverment already used it as the primary system, Internet will never be shutdown. And i think there are some projects already try to collect the id of the participant to avoid the americans to participate in ico.

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September 09, 2017, 02:01:52 PM
 #94

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?

Nothing to panic about really, it's usually the rumours that get the market going downstream and this is the effect of unreliable sources. Altcoins going through the ICO stage are only the people losing our here as they will be missing out Chinese investors. The price of Bitcoin will stabilise over time while following coins like Ethereum and Litecoin will take more time to recover from this blow.
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September 09, 2017, 02:34:15 PM
 #95

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?

Nothing to panic about really, it's usually the rumours that get the market going downstream and this is the effect of unreliable sources. Altcoins going through the ICO stage are only the people losing our here as they will be missing out Chinese investors. The price of Bitcoin will stabilise over time while following coins like Ethereum and Litecoin will take more time to recover from this blow.
Everything will be back to normal,it just seems that China is testing what may be the affect when they ban it,qnd they just see that they do really have a big say on this market. Soon will be back on it if not still it can increase.

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andrew2k
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September 09, 2017, 02:51:31 PM
 #96

People shouldn't panic because of what's going on, the ban most probably isn't here to stay. What should worry us is the fact that China has such a big say in crypto and its value, which is something many of us are aware of already, starting with Bitmain and their monopoly on Bitcoin mining equipment and so on.
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September 09, 2017, 03:10:38 PM
 #97

we should not be panic, but we need to be careful with ico, China ban ico due to many reasons, but one is that most ico project are really scams, they just aim to raise money, and this will lead to very serious results
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September 09, 2017, 03:39:11 PM
 #98

As for the price of coins fluctuating, there's nothing to panic about that, that's a normal everyday thing in the market.
Prices will always rise and fall.
As for the case of ICO ban in few countries, that will usher in a new dimension in ICOs, we will now get to see better ICOs and to protect people from scams.
Things will come out better soon.
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September 09, 2017, 03:44:24 PM
 #99

I head about that and I'm so worried about the future of altcoin and bitcoin I hope that the ban will during for a few time

Andre#
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September 09, 2017, 03:46:27 PM
 #100

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?

This is done! Finished with this business already. The effect was immediate and kinda significant. But that was that and it was now a part of history. Right now, we are recovering rather fast. And before we know it, we are already breaking some new all time high. Cheers for all the alts and Bitcoin! Higher!
No, I do not think this FUD has stopped.
Do you think whales will let a FUD easy stopped by the faith on market?
Never, they will find new way and create new scenario for deal with us.
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