Cryptocurrencies regulated from October 1 in China!

[cashodler]

https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/

If this is true (laught at Sep 31), might boost bitcoin, thus all the crypto, mainly NEO/GAS, which is about to get eth-like rise soon with the first ICO on NEO platform on Oct 8 and possibly becoming the only platform for ICOs in China with the support of China. NEO is currently a technically better platform than Ethereum and with a great community and developers.

[Riddikulo]

This is just "Expected" so it can be just gossips.
But!!! I always say that China will regulate soon all ICO because they will receive so much taxes from it!

[dothebeats]

Well there hasn't been any statements in regards to ICOs, just regular cryptocurrencies so I don't know where are you basing your thoughts about ICOs. Also, that's just two days a day from now so we're still not sure whether China will reconsider their decisions that fast, though they're notoriously known to change their rulings in an instant.

If this is true though then what happened in China rumors and bans were just an orchestrated FUD by the Chinese officials and investors.

EDIT: wording.

[BillyBobZorton]

https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/

If this is true (laught at Sep 31), might boost bitcoin, thus all the crypto, mainly NEO/GAS, which is about to get eth-like rise soon with the first ICO on NEO platform on Oct 8 and possibly becoming the only platform for ICOs in China with the support of China. NEO is currently a technically better platform than Ethereum and with a great community and developers.

And there yo have it. Just like how everyone that was smart expected, China would come back with an unban on crypto which would be coupled with some sort of regulative aspect to it.

I can predict, easily, that we are going to be on the $5000 range pretty soon, probably as soon as next week, due the very bullish news of the comeback of China.

Now if we could only stop segwit2x from crashing the price in November, we could be aiming at $10000 per coin pretty comfortably. Let's hope for the best.

[Pasutinmeur]

https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/

If this is true (laught at Sep 31), might boost bitcoin, thus all the crypto, mainly NEO/GAS, which is about to get eth-like rise soon with the first ICO on NEO platform on Oct 8 and possibly becoming the only platform for ICOs in China with the support of China. NEO is currently a technically better platform than Ethereum and with a great community and developers.

This caused the price of bitcoin goes up again, But that will be a good thing if that will be applicable to all of the crypto currencies, But as far as i know that will be related to the all of the cryptos, Even i heard there are some stock market are considering about to build the exchange site for the operational of the token as security.

[ragnar0k]

Sounds like FUD to me, doubt anybody is working there on a Sunday

[X-ray]

If china regulating cryptocurrencies, it means that they're officially recognising the cryptocurrencies right? atleast our cryptocurrency world go one step further.
Pretty curious with what will happen on october 1.

This is just "Expected" so it can be just gossips.
But!!! I always say that China will regulate soon all ICO because they will receive so much taxes from it!

i doubt about that lol.

[cashodler]

Well there hasn't been any statements in regards to ICOs, just regular cryptocurrencies so I don't know where are you basing your thoughts about ICOs. Also, that's just two days from now so we're still not sure whether China will reconsider their decisions that fast, though they're notoriously known to change their rulings in an instant.

If this is true though then what happened in China rumors and bans were just an orchestrated FUD by the Chinese officials and investors.

Wow, are you a real pajeet? Pajeets are stupid like you, I dont know anyone that stupid to think there is September 31 like the article says.

October 1 in China is in 40 minutes, not 2 days, pajeet.

[dothebeats]

Well there hasn't been any statements in regards to ICOs, just regular cryptocurrencies so I don't know where are you basing your thoughts about ICOs. Also, that's just two days from now so we're still not sure whether China will reconsider their decisions that fast, though they're notoriously known to change their rulings in an instant.

If this is true though then what happened in China rumors and bans were just an orchestrated FUD by the Chinese officials and investors.

Wow, are you a real pajeet? Pajeets are stupid like you, I dont know anyone that stupid to think there is September 31 like the article says.

October 1 in China is in 40 minutes, not 2 days, pajeet.

A typo error, but my argument still stands: their stance against ICOs wouldn't change, but trading cryptocurrencies would be regulated and not be banned as opposed to their initial statements. And I'm not a pajeet, not even an Indian so I don't know why you're too butthurt when someone pointed out something that doesn't exist. Next time, try to read everything carefully before trying to shill out the coins that you support.

[cashodler]

Well there hasn't been any statements in regards to ICOs, just regular cryptocurrencies so I don't know where are you basing your thoughts about ICOs. Also, that's just two days from now so we're still not sure whether China will reconsider their decisions that fast, though they're notoriously known to change their rulings in an instant.

If this is true though then what happened in China rumors and bans were just an orchestrated FUD by the Chinese officials and investors.

Wow, are you a real pajeet? Pajeets are stupid like you, I dont know anyone that stupid to think there is September 31 like the article says.

October 1 in China is in 40 minutes, not 2 days, pajeet.

A typo error, but my argument still stands: their stance against ICOs wouldn't change, but trading cryptocurrencies would be regulated and not be banned as opposed to their initial statements. And I'm not a pajeet, not even an Indian so I don't know why you're too butthurt when someone pointed out something that doesn't exist. Next time, try to read everything carefully before trying to shill out the coins that you support.

NEO isn't a coin, it's a share. GAS is.

[Fortify]

Well there hasn't been any statements in regards to ICOs, just regular cryptocurrencies so I don't know where are you basing your thoughts about ICOs. Also, that's just two days a day from now so we're still not sure whether China will reconsider their decisions that fast, though they're notoriously known to change their rulings in an instant.

If this is true though then what happened in China rumors and bans were just an orchestrated FUD by the Chinese officials and investors.

EDIT: wording.

You know what ICO stands for, right? It's not a word, but an abbreviation of "Initial Coin Offering". Every ICO is a cryptocurrency and no amount of dancing around that fact will protect you. The Chinese authorities are not going to get bogged down in petty semantics like that, if it is banned, it'll all be banned.

[Pab]

You cant say ico tokens are cryptocurrencys.Thay might be currency if tokens will be in real use
Now show me a tokens what are in real use
Now all Asia countrys will work to regulate ico's
But for me it is funny whan chinise exchange Binance is listening ico's
Thay are not chinise and Binance is blocking chinise ip,but so what
I ve been reading somewhere that chinise fintech is like in middleages and now chinise regulators lost his head
Hard to expect anything logic from somebody who lost his head

[Fortify]

You cant say ico tokens are cryptocurrencys.Thay might be currency if tokens will be in real use
Now show me a tokens what are in real use
Now all Asia countrys will work to regulate ico's
But for me it is funny whan chinise exchange Binance is listening ico's
Thay are not chinise and Binance is blocking chinise ip,but so what
I ve been reading somewhere that chinise fintech is like in middleages and now chinise regulators lost his head
Hard to expect anything logic from somebody who lost his head

You are confusing what the authorities are trying to do, they are not cracking down on cryptocurrency as opposed to ICOs. They are cracking down on anything that could disrupt the Chinese currency, which happens to include ICOs. The reason they have probably ignored referencing ICOs so far, is because they are so insignificant compared to things like bitcoin.

[leopard2]

Chinese exchanges were forced to hand over KYC data to regulators.

I would not be surprised if Chinese Govt now tries to rob BTC from people, this is 1934 gold ban reloaded, PBOC trying to get their hands on cheap coinz. BTC = Gold 2.0

Check out my other post about the similarities. 

[Slark]

Chinese exchanges were forced to hand over KYC data to regulators.

I would not be surprised if Chinese Govt now tries to rob BTC from people, this is 1934 gold ban reloaded, PBOC trying to get their hands on cheap coinz. BTC = Gold 2.0

Check out my other post about the similarities. 

I am not surprised at all, something like that has been expected since the dawn of time and introduction of p2p decentralized digital currency.
The only way BTC can be accepted as a mainstream payment method is when it will be castrated to bring it in line with other payment methods.
I would rather see bitcoin thriving and blooming and not anonymous than destroyed and used only as underground payment option.

[AT101ET]

Chinese exchanges were forced to hand over KYC data to regulators.

I would not be surprised if Chinese Govt now tries to rob BTC from people, this is 1934 gold ban reloaded, PBOC trying to get their hands on cheap coinz. BTC = Gold 2.0

Check out my other post about the similarities. 

Governments will always try to maximise on tax and other ways in which they can increase their revenues. The more they have to spend the better it is for them. That's just the way it works. I don't know the full extent of the Chinese regulation but as BTC has become significant in the last few years, it's quite understandable for governments to start regulating it and trying to tax profits and limit 'illegal' trade.
 

[Skarner21]

This is the actually their plan in the first time they wanted to control one of the ICO and release supported but china.
As we can seen now we are seeing price increase of the value of bitcoin this is because of this news..
Hoping that we will see more movement of the price of bitcoin and also for NEO because i saw the movement of the price for NEO and its continues increase..

[CyberKuro]

Indeed, after exchanges shut down, they will regulate cryptocurrency soon or later, but it's faster than before which takes 4 months.
At least, Chinese peple could trade bitcoin again, back into the business and miners could continue their mining activities as long as they pay taxes for every virtual property that they have. If somehow, cryptocurrency regulations will enable people to use it as medium of exchange or legal payment method, bitcoin price may rise again.

[cpfreeplz]

Chinese exchanges were forced to hand over KYC data to regulators.

I would not be surprised if Chinese Govt now tries to rob BTC from people, this is 1934 gold ban reloaded, PBOC trying to get their hands on cheap coinz. BTC = Gold 2.0

Check out my other post about the similarities. 

I am not surprised at all, something like that has been expected since the dawn of time and introduction of p2p decentralized digital currency.
The only way BTC can be accepted as a mainstream payment method is when it will be castrated to bring it in line with other payment methods.
I would rather see bitcoin thriving and blooming and not anonymous than destroyed and used only as underground payment option.

Yeah in the end everyone will use it differently. Some will use it to avoid taxes and others will use it and pay taxes legitimately. It's all dependant on your morals and ethics (also the country you live in of course).

[YuginKadoya]

Please Don't be a fake news, but regarding if this is not real it is really OK for me even in the impending Hard Fork November there is a way in getting free coins for us again and the price would still rise impending the reason why it drops in the first place, but if this is for real then we are seeing the surge of price up to the $5000 mark value we are now proceeding to the $4400 dollar right now so expect the price to surely rise up.