Funny about China ICO Ban

[JanpriX]

I actually laughed hard when I see this picture via Twitter. It really lightened my mood and relieved the stress that built up during the dump coz of the ICO ban in China. But kidding aside, if we really analyze what he said here, we can really see that he's telling some interesting facts here. Almost everything that was banned in China succeeded in the rest of the world. It just means that even if China banned something, it will not fall into abyss and more importantly, the rest of the world will embrace it (without banning it).

[Jully Bells]

Haha, that turns out to be true. Governments like China always kills ordinary people's motivations.
Cryptocurrencies give ordinary people to invest into projects, introduce into economy. But they basically cut it off. Sad.

They are afraid of those who invest in bitco machines, not managed by the government. In general, because companies can manage and => tax

[phoenixdowndee]

China is a drama queen

Just throwing their toys out of the pram!

[BobbyAdams]

Most of the Chinese exchanges have sent a notice to the WeChat customer to inform the bitcoin deal continues despite the statement. of PboC.

[vtos marketing]

they will implement they own ico infrastructure.

Regards.

edgardo aguirre

[albertorma]

China lives in the paleolithic era

[SavvyOli]

The ban isn't a permanent ban for all ICOs. Give it a while, and they'll start letting approved ones through. Regulation is good news as far as ICOs go, this will help to weed out the scams and just leave the genuine projects.

it might seem like this is just a blanket ban. eventually the ban will be removed and reworked.
you can ban cryptocurrency unless you want to go back into the third world

[MiBambino]

The ban isn't a permanent ban for all ICOs. Give it a while, and they'll start letting approved ones through. Regulation is good news as far as ICOs go, this will help to weed out the scams and just leave the genuine projects.

it might seem like this is just a blanket ban. eventually the ban will be removed and reworked.
you can ban cryptocurrency unless you want to go back into the third world

Exactly my thoughts

[meliodas]

China is only 15% of the market so relax. Moreover, I believe they will change their minds as it was in 2014 and last year. They just dump course.

I guess this makes sense. Chinese are really good businessman, maybe they're just doing it temporarily just to dump some coins. And they would remove it after a while. Well, there's a lot of big countries that could invest more than China, so I guess there would be somehow an effect because of this but it's not that much.

[olushakes]

To lighten the mood a bit...




"The lesson from the Internet is, anything that China bans, invest in it."

Its so funny that after the news the market react badly to it and every coin came crashing but in less than 48hours there seems to be a gradual recovery which is what we are seeing now and some people will cash in big in this event. A lot of other people equally became fools of the moment forgetting to ask the question, how will the law be implemented? Which no one knows how it will and its more funny that in a day, with the right coin one could make a fortune.

[GeovanaMoscow12]

China are the empires of hahaha coins, cheap mining, cheap labor! All cheap.

I think over time they will accept all the coins!
 

[Chikitita2004]

I think the reason could probobly be fake/scam ICOs. They are the mother of fakes.

[blockchainmarketus]

China are the empires of hahaha coins, cheap mining, cheap labor! All cheap.

I think over time they will accept all the coins!
 

Yeah, CHina will use all coins. I mean chinese not the government. How strong is the rules in china will not effect all ICos in the world. ICOs will be coming in 2018-2019. After that I am not sure. It is prospective or not or more countries will regulate ICOs.