Yet another ICO ban, this time probably from Japan :(

[ridertiger]

An ICO Ban In Japan Is Still A 'Definite Possibility says the news. Here is the link:
https://www.forbes.com/sites/elaineramirez/2017/10/15/japan-ico-ban-indiesquare-higashi/#698d1d38213e
I don't want to cause FUD but I don't know.
Any views on this and on ETH price?

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[qwertyup23]

An ICO Ban In Japan Is Still A 'Definite Possibility says the news. Here is the link:
https://www.forbes.com/sites/elaineramirez/2017/10/15/japan-ico-ban-indiesquare-higashi/#698d1d38213e
I don't want to cause FUD but I don't know.
Any views on this and on ETH price?

This is what I am talking about. The price of bitcoins may rise given the fact the number of investors are increasing per day, but news like these pose a threat regarding its price in the future. These are one of the few external factors that affect the price of bitcoins and are not accurate indicators therein.
Should Japan ban their ICOs, then expect prices to decrease. Hopefully that "definite possibility" is only a possibility that may happen.

[Creepings]

An ICO Ban In Japan Is Still A 'Definite Possibility says the news. Here is the link:
https://www.forbes.com/sites/elaineramirez/2017/10/15/japan-ico-ban-indiesquare-higashi/#698d1d38213e
I don't want to cause FUD but I don't know.
Any views on this and on ETH price?

This is what I am talking about. The price of bitcoins may rise given the fact the number of investors are increasing per day, but news like these pose a threat regarding its price in the future. These are one of the few external factors that affect the price of bitcoins and are not accurate indicators therein.
Should Japan ban their ICOs, then expect prices to decrease. Hopefully that "definite possibility" is only a possibility that may happen.

I am thinking this since China started this "banning of ICOs". What if not only China is the one who will ban ICOs since China has a great deal in trading and other stuffs, and now it might happen. It may not be certain but the possibility is also high. This is a great threat to the price of bitcoin and also the investors who have their bitcoins and other investors who also want to get ahold of this digital currency.

[ridertiger]

It has been a while and it has not happened yet. So, hopefully, this will be simply spreading FUD and nothing else

[poliy1219]

I think this will be a signal. These two days, the United States began to step up supervision. The market is terrible today. I don't want to invest too much, but I have my own plan. More recent observations on the market?

[notyours]

So stop the ICOs because bad guys are doing this way to steal money from investors. And no matter what country it will do to alleviate the excessive theft of evil people using the ICO to tear down the people who will join it. This is the only step to minimize the thieves and adjust the speed and condition of the crypto world

[subSTRATA]

An ICO Ban In Japan Is Still A 'Definite Possibility says the news. Here is the link:
https://www.forbes.com/sites/elaineramirez/2017/10/15/japan-ico-ban-indiesquare-higashi/#698d1d38213e
I don't want to cause FUD but I don't know.
Any views on this and on ETH price?

considering how accepting japan is about bitcoin and cryptocurrencies, this ban, were it to happen, is probably intended to protect potential investors from becoming victims of a shady 'ico.' this being considered, i dont think that this would change the japanese government's stance on bitcoin's legality and wont result in a ban on bitcoin in the future.

It has been a while and it has not happened yet. So, hopefully, this will be simply spreading FUD and nothing else

dunno about that one, the ico scene is pretty shady at times; some group of people asking for a couple million dollars promising to deliver something resembling a plan that may or may not even actually be finished? tad iffy if you ask me. it would be ideal if this ban was only temporary, and would only remain in place until the government organized legislation and means to regulate the ico scene creating a safe environment for its citizens to invest in.

[leonair]

An ICO Ban In Japan Is Still A 'Definite Possibility says the news. Here is the link:
https://www.forbes.com/sites/elaineramirez/2017/10/15/japan-ico-ban-indiesquare-higashi/#698d1d38213e
I don't want to cause FUD but I don't know.
Any views on this and on ETH price?

This is the reason why Ethereum price goes down a little bit and stuck with that $280-$310 because of this ICO's madness, every most of the investors in the ICO's that they are participating with is expecting a growth in their invested money or dividends with the success of that ICO's but instead it is like finding a 1 is to 5 true and legit I so for me it is so hard to invest now with the ICO's and taken for granted the issues that it will not last long. Countries that are regulating their citizens it using ICO's is just a right thing to do because of ICO's are uncontrollable.

[7xminer]

The problems with ICOs is that government are not seeing how they can protect the investors if the ICO is a scam. This is a huge problem. How do you guarantee that your money is moving the company? But ICOs bans are not a problem for the existing tokens, bitcoin will not suffer from it. The only problem that will emerge is few new tokens on the market.

[EllaPonchik]

Perhaps this is done in order to trim the way to such a bitcoin gain? So that ordinary people could not earn it in any way? In Russia they want bitcoin to be on sale only in the official Moscow stock exchange. In other words, only professional traders will be able to trade them. The prohibition has not been said yet, but this is only the beginning.

[Jonashe]

A lot of ICO are shit and scam, the governement want to protect their citizen against it. Yes it's a liberty privation but it's a way to educate people. I don't agree with this, but soon the ICO ban will be removed as soon they reinforce the regulation around it.

[ghibly79]

They'll most likely put some stricter regulation in place, not flat out ban them, considering the approach they used for bitcoin.

[EllaPonchik]

In Japan, bitcoin is used as a coin. Bitcoin is paid in stores, at gas stations and almost everywhere. What is the use of prohibiting ICO?

[Kprawn]

In Japan, bitcoin is used as a coin. Bitcoin is paid in stores, at gas stations and almost everywhere. What is the use of prohibiting ICO?

The reason for the ban might be to protect the consumers from a unregulated environment. A lot of these ICO's are simply a

scam and people are losing a lot of money. I should say their response to these ICO's should rather be to regulate it and to

hunt down these scammers. {prosecute them to the fullest extent of their local laws} This will send a strong message to these

scammers. 

[subSTRATA]

In Japan, bitcoin is used as a coin. Bitcoin is paid in stores, at gas stations and almost everywhere. What is the use of prohibiting ICO?

ico's aren't bitcoin, what's not to understand? if this were to go through, they'd ban a shady at best crowdfunding method for companies (or scammers) to start up a project. bitcoin itself is still seen in a good light in japan, its not as if banning ico's would directly result in the termination of bitcoin's growth is japan, can't say the same if bitcoin itself (and other cryptocurrencies) were to be banned however. don't see that happening anytime soon though, it's too well received in japan at this point for a reversal without a drastic change in the cryptocurrency world.

In Japan, bitcoin is used as a coin. Bitcoin is paid in stores, at gas stations and almost everywhere. What is the use of prohibiting ICO?

The reason for the ban might be to protect the consumers from a unregulated environment. A lot of these ICO's are simply a

scam and people are losing a lot of money. I should say their response to these ICO's should rather be to regulate it and to

hunt down these scammers. {prosecute them to the fullest extent of their local laws} This will send a strong message to these

scammers.  

i've said it again and again, this is the more likely reason that a ban would ever go through in japan, to give the government a chance to come up with a system to regulate these practices. with a safe environment for people to experiment in, cryptocurrencies would thrive.

[QFT]

The problems with ICOs is that government are not seeing how they can protect the investors if the ICO is a scam. This is a huge problem. How do you guarantee that your money is moving the company? But ICOs bans are not a problem for the existing tokens, bitcoin will not suffer from it. The only problem that will emerge is few new tokens on the market.

Government doesn't care if you get scammed.
Do you really think if bitcoin was worth 1 cent per coin that the government would be trying to stop bitcoin scams?

They want to supervise that money flow, nothing more, nothing less.

[cdb1690]

In Japan, bitcoin is used as a coin. Bitcoin is paid in stores, at gas stations and almost everywhere. What is the use of prohibiting ICO?

ICOs are easier targets. With Bitcoin government has no specific target it can aim at. There's no legal entity that can be brought before a court and good luck suing network protocols. However, most ICOs are run by legitimate companies, that is legal entities registered and regulated in some legal jurisdictions. Such companies can be brought before a court very easily.

Government doesn't care if you get scammed.
Do you really think if bitcoin was worth 1 cent per coin that the government would be trying to stop bitcoin scams?

They want to supervise that money flow, nothing more, nothing less.

Also this.

[withche.07]

Oh this is very bad for altcoins again. But I still feel safe about bitcoin. Looks like we need to put more into bitcoin instead of tokens from alternative projects. I don't know how they are gonna avoid it in future.

[bhoybitcoin]

If this happened, other countries that are into ICO don't have any choice but to accept that this kind of decision happens. But still, many other countries do still believe that ICOs will rise up this year and maybe for the next few years.

[maniver123]

link is bad of information for ico