What's going on?

[moala]

I think it's best not to do anything

[1715559191]

1715559191

[crismass1225]

According to what i've read their are source in the news that china are banning ICO and Shutting down local exchange but There are no actions show from the media, but as i search the net their news that china was talking to the local exchange and just looking about the operation and some are have been inform verbally about the ban regulation that the government announce, some exchange are not totally shut down but not in service for a moment.

-I think china are regulating the ICO and sorting out scam to legit, well Thats a good news for all of us who invest in ICO.

-in my opinion every new coin are have been valued as around $0.04 , $0.10, $0.08 , $0.05 thats what their value before they enter the exchange, after that the value increase. MY answer is YES it is possible that any altcoin will fall in a few cent depend on how the coin circulate around the market, if its not been updated or have been use thats maybe the time that the value decrease.

[moemoolah37]

Was already published any official news about China's ban? Have we only rumours?

Maybe they want to ban only scam coins. I don't know why you selling like that if there is no official news.

But where do you think the bottom is? Is possible to any altcoin falls to a few cents?

Usual China FUD. They banned exchanges. Everything is going back up, no reason to worry.