[ANN] 🔵 LATOKEN - Multi-Asset Trading Platform 🔵

[monsterdoge]

How will the ban of all ICO in China affect the market of cryptocurrency?

[panteraforlife]

Future is now! 

"A couple of weeks ago it was revealed that a partnership between The Knox Group, BitPay and a British baroness will offer up luxury Dubai apartments in exchange for Bitcoins in a deal worth $330 mln.

Small-scale Bitcoin-for-property transactions have been done before. A London property company is offering to accept down payments in Bitcoin, and a Miami based investor has been looking to sell his $6.5 mln mansion for Bitcoin, but not of this magnitude.

And just yesterday the first house purchase in Bitcoin was reported in Texas."

https://cointelegraph.com/news/blockchain-laying-foundations-for-real-estate-market-experts

Good sign. For LAToken and us especially.

[panteraforlife]

How will the ban of all ICO in China affect the market of cryptocurrency?

In the long term or near term?

[feelideb]

How will the ban of all ICO in China affect the market of cryptocurrency?

It's already affecting it. China has huge population and if 1% of that population get in to crypto, it will increase the overall capitalization and steer development. Adoption will also be faster since crypto is more about people's freedom from centralized system.

[panteraforlife]

How will the ban of all ICO in China affect the market of cryptocurrency?

It's already affecting it. China has huge population and if 1% of that population get in to crypto, it will increase the overall capitalization and steer development. Adoption will also be faster since crypto is more about people's freedom from centralized system.

You have not understood a question i think. Monsterdoge asked "HOW will it affect", not "will the ban affect".

[panteraforlife]

How will the ban of all ICO in China affect the market of cryptocurrency?

It's already affecting it. China has huge population and if 1% of that population get in to crypto, it will increase the overall capitalization and steer development. Adoption will also be faster since crypto is more about people's freedom from centralized system.

But go on. You has some interesting thoughts.

[monsterdoge]

How will the ban of all ICO in China affect the market of cryptocurrency?

In the long-term or near-term?

Long term.

[thevampireskilledit]

How will the ban of all ICO in China affect the market of cryptocurrency?

In the long-term or near-term?

Long term.

This ban hurt crypto more than many people expected but i'm positive it will turn back to normal in long term. I don't see any permenant damage yet. Crypto market today is still like a baby that will continue to grow day by day

[panteraforlife]

How will the ban of all ICO in China affect the market of cryptocurrency?

In the long-term or near-term?

Long term.

This ban hurt crypto more than many people expected but i'm positive it will turn back to normal in long term. I don't see any permenant damage yet. Crypto market today is still like a baby that will continue to grow day by day

Not a baby. It is very easy to cause a critical hart to baby. Crypto market more like a Hydra for me. It grows bigger and bigger, despite any harm.

[Greenlee]

Join Facebook-Live videochat with Valentin Preobrazhenskiy (LAToken Founder) on 28 September
https://www.facebook.com/events/647152225672576/



Valentin will discuss:
1. Blockchain Economic Forum in New York organised by LAToken: http://blockchainforum.global/
2. Sustainable Rules and Governance Framework
3. Investments: crypto vs fiat stocks
4. Scalability, speed, and security of blockchain: prof-of-...
6. Interdisciplinary brainstorm: future of blockchain
7. $5 trln of cryptoassets by 2025 or just a bubble?

[panteraforlife]

Join Facebook-Live videochat with Valentin Preobrazhenskiy (LAToken Founder) on 28 September
https://www.facebook.com/events/647152225672576/

Valentin will discuss:
1. Blockchain Economic Forum in New York organised by LAToken: http://blockchainforum.global/
2. Sustainable Rules and Governance Framework
3. Investments: crypto vs fiat stocks
4. Scalability, speed, and security of blockchain: prof-of-...
6. Interdisciplinary brainstorm: future of blockchain
7. $5 trln of cryptoassets by 2025 or just a bubble?

Thanks. Also i think that it would be nice to collect a bundle of links for all webinars and other official LAToken videos and attach them to the first page.

[panteraforlife]

How will the ban of all ICO in China affect the market of cryptocurrency?

In the long-term or near-term?

Long term.

As for us as LAToken investors.

Valentin Preobrazhenskiy, CEO at LAToken, explains that his company has responded to the development by putting all of its activities related to China on hold:
“We were about to participate in Blockchain conferences and meetups there, but cancelled our roadshow in mainland China. We also don’t accept contributions from Chinese citizens and residents at the moment. However, the Chinese ban doesn’t affect our activities in other countries, and we still proceed with our token sale as scheduled.”
Preobrazhenskiy acknowledges the negative sentiment created by the development in China as is evident in the market behaviour. Bitcoin price quickly bounced, while Ethereum, the most popular currency for ICOs, is still in a holding pattern as markets worry that other operations with cryptocurrencies may be banned by Chinese regulators as well.
Another anxiety trigger comes with the fears, that other regulators might follow Chinese ruling and ban token sales instead of regulating.
Preobrazhenskiy notes that along with cancelling all the activities related to China, his company has introduced a representation form, that stops Chinese investors from investing in the aftermath of the ban.(C)

But this is more in the short term for me.

[mtnminer]

In the short term, China’s ban on ICOs and shutting down of exchanges is bearish for ETH and BTC because:
- A lot of the hot money from China leaves the ICO, Bitcoin and Ethereum markets.
- Some hot money cryptocurrency buyers will, at the margin, buy less or not buy. Some will not bother using VPNs, exchanging Chinese Yuan for US dollars or gold on the black market, or taking trips to island jurisdictions like Malta or to Switzerland to open up accounts to move assets including cryptcurrencies around.
  Chinese regulators and other government officials need time to figure out how to regulate cryptocurrencies, including ICO tokens.

[panteraforlife]

For the long term - China is trying to become the most powerful economy, so it uses all the latest and most effective "money technologies". ICO is one of the most promising now. I think that the ICO ban will be temporary.

[panteraforlife]

In the short term, China’s ban on ICOs and shutting down of exchanges is bearish for ETH and BTC because:
- A lot of the hot money from China leaves the ICO, Bitcoin and Ethereum markets.
- Some hot money cryptocurrency buyers will, at the margin, buy less or not buy. Some will not bother using VPNs, exchanging Chinese Yuan for US dollars or gold on the black market, or taking trips to island jurisdictions like Malta or to Switzerland to open up accounts to move assets including cryptcurrencies around.
  Chinese regulators and other government officials need time to figure out how to regulate cryptocurrencies, including ICO tokens.

You think that ban just a respite for the introduction of a new regulatory system and better integration of the cryptocurrencies into the state economy?

[mtnminer]

In the short term, China’s ban on ICOs and shutting down of exchanges is bearish for ETH and BTC because:
- A lot of the hot money from China leaves the ICO, Bitcoin and Ethereum markets.
- Some hot money cryptocurrency buyers will, at the margin, buy less or not buy. Some will not bother using VPNs, exchanging Chinese Yuan for US dollars or gold on the black market, or taking trips to island jurisdictions like Malta or to Switzerland to open up accounts to move assets including cryptcurrencies around.
  Chinese regulators and other government officials need time to figure out how to regulate cryptocurrencies, including ICO tokens.

You think that ban just a respite for the introduction of a new regulatory system and better integration of the crypto-currency into the state economy?

Yep, I think Beijing government will centralize the management of cryptocurrency, but not shut it down

[panteraforlife]

In the short term, China’s ban on ICOs and shutting down of exchanges is bearish for ETH and BTC because:
- A lot of the hot money from China leaves the ICO, Bitcoin and Ethereum markets.
- Some hot money cryptocurrency buyers will, at the margin, buy less or not buy. Some will not bother using VPNs, exchanging Chinese Yuan for US dollars or gold on the black market, or taking trips to island jurisdictions like Malta or to Switzerland to open up accounts to move assets including cryptcurrencies around.
  Chinese regulators and other government officials need time to figure out how to regulate cryptocurrencies, including ICO tokens.

You think that ban just a respite for the introduction of a new regulatory system and better integration of the crypto-currency into the state economy?

Yep, I think Beijing government will centralize the management of cryptocurrency, but not shut it down

I often think about it when i hear "the cryptocurrencies will turn the financial system" or "the cryptocurrencies will become an alternative financial system." I believe not. The traditional financial system and the cryptocurrency system will merge into something mean. Full decentralization and full transparency will not be achieved in the near future. The flaws of the traditional system can not be eliminated so easily. A significant part of them also clings to the cryptocurrencies system.

[gtac01]

Panteraforlife, why are you so pessimistic today?

[panteraforlife]

I'm never a pissimist, just a realist and skeptic a little.

[kerhso]

Without proper research on the founders it's quite risky to invest in a business.

You can check our advisory board to see that we have world class team, moreover we don't hide and you can see all our team members and their bio.