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Author Topic: Should We Be Panic Of ICO Ban?  (Read 5113 times)
eekkaa
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September 30, 2017, 03:47:34 PM
 #201

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?

no need to panic, ICO can still be handled in other countries, ICO is actually very useful for technological development, technological developments require a very large cost and can be obtained from ICO.
jyotianand01
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September 30, 2017, 03:54:19 PM
 #202

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?

Why we should panic as only china ban ICO and if our time horizon is long and we enter any ICO after checking their whitepaper, project and make due diligence, then their is no reason of panic and if we don't see any thing and enter a new ICO, then we have to panic if that ICO not give better results.


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CyNotes
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September 30, 2017, 04:02:04 PM
 #203

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'm afraid if all the countries declared the ICO banning, the economy will fall and people will suffer from this situation. All situation will back to normal, rich people will trampling the rights and abilities of poor people like me. We all want to grow and become wealthy and rich and ICO is the right word or our key to success but government restricts the growth of our poor. It is not right!

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Emworks
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September 30, 2017, 04:44:11 PM
 #204

There's no need to panic, we have seen before  this kind of circumstances when china made a brutal action againts ico then followed by hk, russia and now south korea,  this kind of situation are just temporary setback, price may drop a little but it will eventually go back to its normal track.
However we must keep our eyes and ears open to this type of situation and  constantly watch chart to make a good decision to buy, hold or sell our coins and token to avoid lossing everthing.
richjohn
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September 30, 2017, 05:53:27 PM
 #205

There is simply no need to care about China now. Recently the two major Chinese exchanges shutdown. But the price is still bullish. This show all the FUD have ended and market has already recover. Now China can't play much with market. If on one hand we are getting negative news from China, then on the other hand countries like Japan and South Korea are working in positive direction. Overall, market is bullish and won't be affected much by China now. There is definitely no need to worry. Crypto marketcap will definitely touch new heights before the end of 2017.
cryptotal
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September 30, 2017, 06:03:23 PM
 #206

I think there is nothing to worry about. Because there are several altcoins now that is left unrecognized. Because of the rampant scam ICO's, they will nedd to implent stricter rules on how to promote any ICO again.
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October 29, 2017, 12:36:46 PM
 #207

No panic just yet as the sanctions are really to block the scammers, you can't really stop a good ice with a decent idea and genuine people behind it!
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November 07, 2017, 11:00:55 AM
 #208

I am not much fond of ICO's But some of the ICO are really giving profit but current scenario we cant figure out best ICO's . As far noe Modex is looking good and having strong team to invest.
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November 07, 2017, 11:02:55 AM
 #209

We need less interference of government.
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November 07, 2017, 11:08:04 AM
 #210

Panic will never do you any good. It will ruin you. It will send you straight to the village
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November 08, 2017, 03:53:23 AM
 #211

Why panic. There is a nominal process of regulation conducted by the ICO through their temporary prohibitions and the development of ways to protect investors. The amount, but not the quality of the ICO, can suffer from this. I think that over time, as a result of such time constraints, we will get an ICO with better projects and a reduction in the degree of risk with participation in their conduct.

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tmawheba
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November 08, 2017, 04:25:33 AM
 #212

The first reason for the big lose is panicking, we should not panic and hold for some time and take the decision. Most of the ICO are giving good returns we have to select the right one and take the right decision in right time.

EMS-007
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November 08, 2017, 01:24:17 PM
 #213

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?
There's no need to Panic if the ICO ban was implemented by only one Country unless Globally! Wink
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November 08, 2017, 01:27:10 PM
 #214

Why should we? If ICO is ban in one jurisdiction, another jurisdiction will vecin favour of ICO. It is not as if there is one Government all over the world. There ate still many countries in favour of crypto currency.

kaloloy
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November 08, 2017, 01:28:48 PM
 #215

I guess there's no reason to panic on banning ICOs and only Altcoins developers do because ICO is the only way to get and attract more investors and they want their Altcoin to be the best Bitcoin. Cryptocurrencies cannot be banned by any person, state and Government but only ICOs because coins hasn't yet circulated.
Rahip
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November 08, 2017, 02:53:44 PM
 #216

I need to worry about the future of the ico
The good ones always win
And will continue to redound
Kevin77
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November 17, 2017, 10:23:52 AM
Last edit: November 17, 2017, 03:45:12 PM by Kevin77
 #217

We need less interference of government.
Well, do you have a choice now? No!
This is what is going to end up happening since some people have shown that without the help of government, they cannot make simple investment decisions on their own. There is no need to panic since ICO so far has only been banned in China and would end up being regulated later on and in most places. But until further notice, we just have to wait and see.

Panic will never do you any good. It will ruin you. It will send you straight to the village
What has village gotten to do with this ? Certainly, why panic since it is just kind of temporary until we see some regulations most especially in China which has shown the highest number of ICO scammers. However, ICO does not only evolve from china and over time, some laws will end up being put in place as we cannot just expect every day to keep being Christmas, but I do not see it as anything to worry about.
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November 17, 2017, 01:42:27 PM
 #218

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...

Your first script is the most realistic
The number of countries that regulate the ICO will grow. I do not think this is bad. Less is fraud, more responsibility, less risk, more confidence

micheal34
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November 17, 2017, 05:00:42 PM
 #219

We should not be panic about it because not all county is banning it many of those banning it only want it regulated to protect their citizens.
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December 09, 2017, 06:20:28 AM
 #220

I think this is not bad idea there was to much hype already. We can just do a research to clarify there news.
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