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Author Topic: Has the China ban affected ICO fund raising?  (Read 1239 times)
metalbean (OP)
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September 15, 2017, 04:28:35 PM
 #1

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?
Tadzka
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September 15, 2017, 04:33:17 PM
 #2

I really hope, that many shiitcoins will be gone.

tiggytomb
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September 15, 2017, 04:36:20 PM
 #3

It will certainly have an effect but he world is a large place and although China plays a huge part I think we'll be alright.
cryptohorsee
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September 15, 2017, 04:41:17 PM
 #4

No It did not. It is better now, we can enter ico and sell that to them

GendalfTheFireRed
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September 15, 2017, 04:47:44 PM
 #5

It certainly will have an effect, but 50% is too much or temporary, such drop will require some other countries/organizations following suit.
bitcoinvestor
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September 15, 2017, 05:01:06 PM
 #6

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?
ICO ban by China and other countries has effect to ICO in general. However, this ICO trend will not be stopped because It is a new way of raising fund for start up. Now, Can you imagine a start up can raise more than 5 million in one month of ICO. If they proposed to borrow money from a bank, how long will it take and how much interest they should pay for. I think ICO will continue growing with or without China and friends
Whiplash Wally
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September 15, 2017, 05:10:09 PM
 #7

They will keep going with or without China. Red Pulse delayed their ICO due to China regulations, but I'm sure they will still go forward with it sooner or later regardless of China.
nakata90
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September 15, 2017, 05:54:58 PM
 #8

This way or another way, we must find a way to escape from restraint ICO development that China has imposed. I really headache when looking at the market in recent days. ICO is paused or stagnation, BTC and Altcoin then dropped a serious.






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irmasany
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September 15, 2017, 06:16:56 PM
 #9

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?



yes that's for sure. because their money there is at stake. but there are those who already.
I am sure they are ready with the risks.
cenicsoft
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September 15, 2017, 06:18:12 PM
 #10

Obviously, Chinese ICOs are dead. Not sure how many Chinese investors participate in non Chinese based ICOs so for the rest of the world, the effect may be minimal.

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evski
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September 15, 2017, 07:58:38 PM
 #11

there are still many promising icos based out of other countries

personally, I am very excited for Swarm.Fund ico

https://www.forbes.com/sites/giovannirodriguez/2017/08/16/can-swarm-fund-help-the-cryptocurrency-market-finally-enter-the-mainstream/#3c562d2f2e77
hosseinimr93
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September 15, 2017, 08:46:10 PM
 #12

It can affect ICOs in short term because of those who panic and don't want to risk. But everything goes back to normal very soon. By the way, I don't think ICOs ban in China is permanent

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tobatz23
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September 16, 2017, 01:11:36 AM
 #13

The ban mostly hurts local developers, who may just look elsewhere to raise virtual funds for their new digital world start-up projects. ICO's may be dead in China, but they're not dead in other countries..
Prodigan786
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September 16, 2017, 03:01:44 AM
 #14

It will definitely effect all the Ico happening recent successful Ico indorse returned 7000 ether for their Chinese token contributor. But it's good there is lots of crap Ico with only scam intention are coming so it should be regulated.
mx667
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September 16, 2017, 03:50:29 AM
 #15

Maybe. Because China is one of the most powerful country in the world. But some say China is developing blockchain technology. I think everything will be alright because there are other powerful country in the world that will keep bitcoin up in the air.
metalbean (OP)
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September 16, 2017, 03:59:16 AM
 #16

do you guys quality ICOs will raise more or much less now that the ban is instituted?
renes
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September 16, 2017, 04:18:46 AM
 #17

Not much, for example kin raised 328k ether so far. Maybe they would raise 600k without china ban but not important both are enough for kin.
klixion
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September 16, 2017, 04:53:58 AM
 #18

It probably will affect ICO's from raising huge amounts of money but it will also help projects that have been around for a while.  Less money into ICO's means more money into current projects. 
James_CanYa
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September 16, 2017, 05:03:48 AM
 #19

To my knowledge the China ban will mostly effect the flow of capital into Chinese ICO's. There was a ridiculous amount of ICO's happening China - To a point where investors didn't even care what they were buying into - Explanation of ICO consultant in China - https://www.youtube.com/watch?v=Gx7qjIpQHgc&t=36s
rjbtc2017
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September 16, 2017, 05:10:37 AM
 #20

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?
It will have an effect and obviously we can also see the effect, many shittycoins will now be stopped from growing and more chinese investors will focus on current coins that really matters.
I thought ico ban on china will also affect bitcoin's price, yes it did but as i can see now bitcoin's price is now rallying upward.

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