ICO forbidden in China? Will same thing eventually happen in all countries?

[LittleDiver]

Recently the government of China has forbidden all ICOs and initiated a major check of all projects. Moreover, all ICOs now have to return the funds to investors.
Do you think same thing might happen in other countries as well, or everything will stop on China?

[European Central Bank]

it'll be the same as bitcoin markets in china, icos will return there when they're regulated to china's satisfaction.

eventually most countries around the world will regulate them too. there's too much money and too much risk for them not to do something.

[muenze]

I agree with #2 but i think the reason for banning ICOs is actually just like with other investment schemes. They do want to protect the population, regulate the market and not have thousands of investors each case who lost money. Lots of investment scams going on, and ICO is a perfect platform for all of them, so i think thats why regulation comes. From what the REAL news actually is, related to china, and the hard facts about all countries, that it will be perfectly fine to launch new coins, but there needs to be some security, some clear warnings to investors (that they may lose all), maybe even documents signed, plus probably some external monitoring. And also it will surely become mandatory that the people behind an ICO cant enrich themselves from it just from the launch.

[oreits11]

that might of one as parts with the strict regulation of prc government as controlling chance with message deliverance from the public media as

those of the customs helps as the chains with the mediation as with the future

buyer from the prc country have with the details as distinguished on returns with the controlling of message moderation

to helps with the fair on attains as reducing stress on contrast with the policy as

the returns of affection as appealing offers from the distros/developers as

showing with the nuance on absence as fair with the chance as becoming parts of partisan with the global field of schemes with the crypto currency

business.

[Proxik]

Regulating or banning ICO's could be a good for the coin prices since the money in crypto will be spread over all coins, when there are less coins average price will be higher.

Although this is what keeps me busy

[mangodream]

Recently the government of China has forbidden all ICOs and initiated a major check of all projects. Moreover, all ICOs now have to return the funds to investors.
Do you think same thing might happen in other countries as well, or everything will stop on China?

Yes it could happen elsewhere.
I think we must not lose sight of the fact that Bitcoin and cryptocurrencies are creating a new economic system which is a thread for central banks, state institutions and so on. And states and banks are still very powerful! So, they could present cryptocurrencies like something bad, dangerous, not safe, and they could make them illegal to protect themselves.

[LittleDiver]

Regulating or banning ICO's could be a good for the coin prices since the money in crypto will be spread over all coins, when there are less coins average price will be higher.

Although this is what keeps me busy

The event in China caused Bitcoin and Ethereum price to fall. Why do you think it might be a good thing?

[olushakes]

Recently the government of China has forbidden all ICOs and initiated a major check of all projects. Moreover, all ICOs now have to return the funds to investors.
Do you think same thing might happen in other countries as well, or everything will stop on China?

Other dominant countries are expected to follow suit as they have seen the devastating effect the policy have on crypto coins and they will be ready to unleash this in as much that their intention is to kill digital currency but at the same time the implementation will not be the same across board while some countries will regulate in other to cut the overcrowded excesses.

[LittleDiver]

Yes it could happen elsewhere.
I think we must not lose sight of the fact that Bitcoin and cryptocurrencies are creating a new economic system which is a thread for central banks, state institutions and so on. And states and banks are still very powerful! So, they could present cryptocurrencies like something bad, dangerous, not safe, and they could make them illegal to protect themselves.

So there is no real way to protect your investments? Just hope that it won't happen in nearest future?

[housebtc]

This is what we should have done ourselves instead of letting in Government to do that for us, Gnosis, Aeternity etc are obvious greed and scam, I can pick for now. There should be no ICO that should raise more than $5 million. Most have nothing on ground and will raise millions of USD for no product.

[Adbitco]

Recently the government of China has forbidden all ICOs and initiated a major check of all projects. Moreover, all ICOs now have to return the funds to investors.
Do you think same thing might happen in other countries as well, or everything will stop on China?

Yes it could happen elsewhere.
I think we must not lose sight of the fact that Bitcoin and cryptocurrencies are creating a new economic system which is a thread for central banks, state institutions and so on. And states and banks are still very powerful! So, they could present cryptocurrencies like something bad, dangerous, not safe, and they could make them illegal to protect themselves.

Yes other countries may follow China and even if they don't ban ICOs completely they might bring them under law and make some strict rules for ICOs and even for cryptocurrencies under the pretext of preventing their misuse by criminals and terrorists.

[RedNovember]

Recently the government of China has forbidden all ICOs and initiated a major check of all projects. Moreover, all ICOs now have to return the funds to investors.
Do you think same thing might happen in other countries as well, or everything will stop on China?

No way, there are many countries like Japan and Malta doing everything in their power to accept bitcoin and then I think subsequently other alt coins as well

China just affects us more right now because it's such a large market but I really believe the scales will tip in the favour of more countries getting on board with crypto than those banning it

[GeovanaMoscow12]

They have a greater concern with the economy of the country,

ICO's could end up with a government plan, but I find it unfair to ban cryptomoedas in general 

[Fantum]

Not every country will ban ICOs. Or even put regulations on them. But I think the ICO craze will soon die off. Most of them seem to offer a product that is easy to make, they take the money, then take years to actually produce anything. It doesn't seem to be a great way to instill trust in the crypto community. Many projects have done really well without ICOs. Even if China and the US has strict regulations on ICOs people will find ways around it and invest anyway. I could see more ICOs offering to be funded with zencash, monero, zcash, and hosted in countries with no regulations.

[hyunee]

There is a possibility that this might happen. China banning ICOs are one of the shocking and unexpected turn of events in ICO organization. Frankly, this really affects now the pricing of bitcoin. There is a also a possibility that the neighboring countries of China will be aware of this ICO. I hope they should consider and investigate and give chance for the ICO organization to explain their side and from that they should make a final decision.

[AiloveYouks21]

There is a possibility that this might happen. China banning ICOs are one of the shocking and unexpected turn of events in ICO organization. Frankly, this really affects now the pricing of bitcoin. There is a also a possibility that the neighboring countries of China will be aware of this ICO. I hope they should consider and investigate and give chance for the ICO organization to explain their side and from that they should make a final decision.

I agree with you that all countries have the opportunity to make the regulation prohibit ICO for the same reason as the regulation made by China unless there is an ICO project in a country requesting the government's approval to make ICO and part of the profits left to the government I do not think the government will interfere about ico again.

[Proxik]

Regulating or banning ICO's could be a good for the coin prices since the money in crypto will be spread over all coins, when there are less coins average price will be higher.

Although this is what keeps me busy

The event in China caused Bitcoin and Ethereum price to fall. Why do you think it might be a good thing?

Because the crypto market will otherwise be flooded with new coins, the China ban will help that this wont happen.

[ifeoluwa]

I agree with #2 but i think the reason for banning ICOs is actually just like with other investment schemes. They do want to protect the population, regulate the market and not have thousands of investors each case who lost money. Lots of investment scams going on, and ICO is a perfect platform for all of them, so i think thats why regulation comes. From what the REAL news actually is, related to china, and the hard facts about all countries, that it will be perfectly fine to launch new coins, but there needs to be some security, some clear warnings to investors (that they may lose all), maybe even documents signed, plus probably some external monitoring. And also it will surely become mandatory that the people behind an ICO cant enrich themselves from it just from the launch.

I kinda agree with you, there should be regulations and measures put in place to protect peoples investments in the ICOs

[LittleDiver]

This is what we should have done ourselves instead of letting in Government to do that for us, Gnosis, Aeternity etc are obvious greed and scam, I can pick for now. There should be no ICO that should raise more than $5 million. Most have nothing on ground and will raise millions of USD for no product.

I've seen somewhere on this forum that all ICO raising more than $300,000 are scams. How to understand which opinion is right? Or these are just opinions and it is better to trust your own research?

[Mieehayii]

kroken, japan had followed chinese goverment.