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Author Topic: Do you hold chinese Altcoins, and will you keep holding them?  (Read 1811 times)
bananadines
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September 11, 2017, 01:04:36 PM
 #41

I dont think that its a good idea to hold some Chinese Altcoins right now. So much FUD is going on in China, theyre banning ICOs und planning to regulate them more in the future. I think they we see a correction and after that theyre going to moon! Bit that will take a bit time. Remember, China has done the same thing back in this year. After their FUD bitcoin mooned
Jalum
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September 11, 2017, 02:46:30 PM
 #42

I dont think that its a good idea to hold some Chinese Altcoins right now. So much FUD is going on in China, theyre banning ICOs und planning to regulate them more in the future. I think they we see a correction and after that theyre going to moon! Bit that will take a bit time. Remember, China has done the same thing back in this year. After their FUD bitcoin mooned
I would give room to considering an ICO purchase or two. As much as I don’t like ICO’s there is still a few nice once that are worth more than the money. I think of it like a kick starter campaign, that is only for the ones that actually have a purpose in crypto.
If the ICO is going to have things that another coin already made then there wouldn’t be anyone special trying to purchase it and the ICO will fail. If more people don’t purchase any ICO’s then most of the ICO’s here should fail.


All in all, just make sure that you don’t run out of Bitcoin lol


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oreits11
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September 11, 2017, 06:46:33 PM
 #43



the decision as investors to work on terms as expending customs on managing the parts as unit as early phase of inauguration,

that the limit as relatives to shows with the shifts on difference as use with the level of displacement


that different investors entering scenes with the business of crypto currency finance as the decision to occupy use of selection with the strategics

on returns of manage as the delegitimation of kinds apprentice with the entrance.

lanyounanhai
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September 11, 2017, 07:50:29 PM
 #44

Why not? Cryptocurrencies are decentralized and therefore, there is no way the government can figure out what is happening in our wallet. Therefore, banning can cause a big negative effect, but everything is just temporary. Coins will soon be back and developers know the way to deal with it
Spoetnik
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September 12, 2017, 03:37:52 AM
 #45

scroll.. noob account.
scroll.. noob account.
scroll.. noob account.
scroll.. noob account.
...  Roll Eyes

I don't have any need for noob opinions on CHINA + ICO's  Cheesy

FUD first & ask questions later™
yanto@1977
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September 12, 2017, 04:13:08 AM
 #46

Rumour is ICOs get banned, and maybe Exchanges who do ICOs get their bank accounts frozen (and shut down), but this has not been confirmed so far its mostly rumours , tho there is also tweets by a chinese exchange confirming it, and by a chinese bank who said they got an order to freeze an exchange account. However there was also at least two chinese exchanges that said they got no shut down notices and still operate as normal.

This is my summary of the news today. Anyway my question, do you have any chinese coins? And will you hold them?



I decide to not hold any altcoin, whatever they got name except for bitcoin. For me altcoin is only aternative way to grow up my money and bitcoin is the main goal. Even altcoin become scam/ dump, I still have bitcoin. Rumors/ news is only about speculation, sometime right and also wrong. Prepare your mind about rumors/ news, if you don't want to get negative impact from that just leave the coin as soon as possible. Thank you.

muenze (OP)
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September 12, 2017, 07:52:55 AM
 #47

The latest news btw was that china officials said the ICO BAN is only TEMPORARY (i guess until they bring some sort of regulations/rules for ICOs) , but this news seems to get buried pretty much. However all is rising again so I guess some know.

It was amazing to be part of Bitcointalk for a little while. Thankyou. https://bitcointalk.org/index.php?topic=5316241.0
ArrogantPeacock
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September 12, 2017, 02:24:18 PM
 #48

a lot of people  are holding NEO but with the recent crash many are reconsidering and checking for other options/alteratives. Personally I think solutions will be global and not regional, therefore it doesn't make a difference whether we are talking about China or any other Country
FrankNoland
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September 12, 2017, 04:05:37 PM
 #49

Rumour is ICOs get banned, and maybe Exchanges who do ICOs get their bank accounts frozen (and shut down), but this has not been confirmed so far its mostly rumours , tho there is also tweets by a chinese exchange confirming it, and by a chinese bank who said they got an order to freeze an exchange account. However there was also at least two chinese exchanges that said they got no shut down notices and still operate as normal.

This is my summary of the news today. Anyway my question, do you have any chinese coins? And will you hold them?


I do hold Chinese altcoins and the ban doesn't scare me in anyway, and I don't think that it will affect the already established coins in any ways. I hold Neo and willing to buy some Qtum since I really believe in Chinese coins. Enlighten me if I am missing something here, I thought the ban was for ICOs not established coins.

Digital asset exchange for settlement, clearing, custody and trading of various digital assets, utilizing distributed ledger technologies, programmed on the blockchain -https://bex.global
kamikadze69
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September 12, 2017, 04:08:20 PM
 #50

yes. because a few days ago I heard rumors that the ICO ban taking place in China is only temporary. so I believe the state of cryptocurrency will return to its original state in a few months.
hdtqisg
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September 12, 2017, 04:16:38 PM
 #51

I like altcoin! China had many coin! I still buy and hold China coin because over 1/6 popular in this ! Thank
ryanben
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September 12, 2017, 04:28:55 PM
 #52

I will not keep them until I know for sure it's just a rumor, because no one will know the psychology of other investors. Look at NEO, it showed us how that happened

concept2
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September 12, 2017, 06:01:50 PM
 #53

There is no point selling those altcoins. I believe that they can still be used and improved in the future. BLockchain is based on the decentralized system and it is hard to find out who is using the cryptocurrency. The government, therefore, can not do anything. Even if they ban, they can not arrest people because they do not have any information or clue about the cryptocurrency
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September 12, 2017, 06:08:55 PM
 #54

Heard of China Coin ?
It was created before i got here..
There is nothing wrong with crypto-currencies in China.
What they have a problem with is... ICO's

You see stupid morons, ICO's are not digital currencies.
They are scam "tokens"
Which is why the govt of China agrees with me and what i have been saying about them all along.
I agree ICOs aren't cryptocurrencies. Yet I believe that they may potentially not be scam and become eventually solid coins. Waves doesn't look like scam and is doing fine, for example.
Anyway, I guess even if we agree icos are scam and there's nothing wrong about Chinese cryptocurrencies, one should still think carefully before investing in one, because even a good coin might get a lot of its price from icos which are built on it.

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