Great resistance against new ICO's all over the world by goverments and banks...

[colvis]

Date now 14-11-2017:
How do you think about the big resistance by a lot of goverments and official financial institutes ?
It's lately all over the news that a lot off warnings are coming from news agency's not to invest in so called ICO's.
It is also a fact that some are scams but some are very profitable.
Some are saying it's like the stock market.

for me most government are saying that to protect the interest of its citizens why most of them are talking out of experience. most ICO today are scam reason being that they have seen that their are alot of people who are ready to invest there money on the ICO in other to make some profit. for me resistance is not the best option but lets just be security caution

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[Pab]

It is not exactly as you told,gov and regulators are issuing warnigs but many see ico" like a good concept,90% of scams sure same was with altcoins,regulations it can be some for example ready functional alpha beta of product,voting rights etc,financial reports,hard cap etc.For what to buy great ico if product will be ready after 3 months it will fail below ico price

[drachman]

The ICO industry is full of scams, and this is not looking good for the industry being able to regulate itself, which is why so many countries are taking the side of banning ICOs, or at least investors investing in them. It's unfortunate that the industry is to full of scammers. There needs to be some legitimate web services which can actually audit ICOs, by audit I mean being flown down at the ICOs expense, to inspect offices, financials, meet staff, etc.

That would be nice but the scammers are never going to allow it, it is funny that icos now have KYC customer policies but we do not have know your ico policies that in my opinion are a lot more important since they are the ones that at the end hold millions of dollars worth of bitcoin.

[topesis]

Why won't there be a resistance against ICOs, because Banks know that if this continue they will re irrelevant and they want to keep grasp hold of the economy, but the landscape is changing only few of them are seeing this change 

[Haunebu]

Why won't there be a resistance against ICOs, because Banks know that if this continue they will re irrelevant and they want to keep grasp hold of the economy, but the landscape is changing only few of them are seeing this change 

I share your opinion. I do feel that banks are threatened by the ICOs and the crypto world in general, but that won't change anything. No matter how hard banks and other financial institutions try, they will never be able to successfully break the crypto world. They fear that they are becoming obsolete due to the emergence of bitcoin and the altcoins. I agree that many ICOs are simply scams meant to steal your money, but there are legit ICOs out there.

[Pab]

Date now 14-11-2017:
How do you think about the big resistance by a lot of goverments and official financial institutes ?
It's lately all over the news that a lot off warnings are coming from news agency's not to invest in so called ICO's.
It is also a fact that some are scams but some are very profitable.
Some are saying it's like the stock market.

There are warnings,but at least Europe is not against ICO'.ICO simply exist,it is quite big,and thanks ICO some start ups will turn in to seccesfoul companys and his investors will very happy

[stronghands4lyfe]

Date now 14-11-2017:
How do you think about the big resistance by a lot of goverments and official financial institutes ?
It's lately all over the news that a lot off warnings are coming from news agency's not to invest in so called ICO's.
It is also a fact that some are scams but some are very profitable.
Some are saying it's like the stock market.

I think it is good we are seeing push back from governments and financial instituions because ICOs became too greedy overnight these past few months. Get back to asking for normal raises and stop requesting lambos from the

community we are not your purse! It is most certainly not like the stock market because all those companies are legitimate and vetted whereas there are tons of scams in cryptos. I have been here less than 6 months and have

already been scammed 3 times over. This wont be the last attempt either watch.

[Snaic]

If we consider that recently the number of ICOs has increased dramatically and the number of fraudulent ICOs has increased, it is logical that state bodies will oppose their conduct and take a number of measures to reduce risks and protect investors. This is quite predictable reaction of these structures. I also think that there is already a need for state or public regulation of the ICO.

[drachman]

It was clear that the more successful crypto currencies and ICOs will become the more governments and banks will start to attack it and the public press is of course a part of them as we all know there is no free media. Great resistance confirms that we are oj the right way but I doubt that it's all over the world. Can you give us the names of those countries?

As they were not able to prove that bitcoin is a scam they probably focus now on ICOs as some of them are indeed a scam and they can prove it.

Yeah but at the end even if they try to damage the image of bitcoin the effect that is going to have cannot be that high, since people are now more informed about bitcoin, those that are considering buying bitcoin look for news themselves and are not subject to the manipulation that those that only watch TV are subject to, so I do not care if the traditional media keeps saying that bitcoin is a scam when you can easily look for evidence that proves that is not correct.