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Author Topic: China will allow ICO in 2018  (Read 224 times)
Rooster101
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February 13, 2018, 12:35:09 AM
 #41

We do not them to accept ICOs, but to allow free crypto trading!

We talk about China here. I think that you ask too much if you want 100% free trading.
They will manipulate the markets as much as possible. The ICO compliance is only one "public" reason shown to the western customers. They'll follow their internal agenda and when the things add up nicely, they'll allow the trade in the terms they want it.

China has always been known to be a manipulative government, even their internet has so much regulation and a lot of sites are banned. This doesn't only go with crypto-related stuff but with matters that are not within their control. Perhaps they have declared this to ease some of the cryptousers in their country because there is a huge volume of such. But if things were to go their way, they would ban at utmost anything that is not within their control of unfamiliar to them. I have nothing against China, but that's how their government works.

The first step have been done like the recent crackdowns of cryptocurrency exchanges, restricting their people from investing in any foreign exchanges and the banning of ICOs. These moves by China are part of their plans to eliminate any crypto ventures that are not under their total control. The next step is to allow ICOs that are tailor-fit to their manipulative process of regulating any kind of business.

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February 13, 2018, 10:36:13 AM
 #42

We do not them to accept ICOs, but to allow free crypto trading!

We talk about China here. I think that you ask too much if you want 100% free trading.
They will manipulate the markets as much as possible. The ICO compliance is only one "public" reason shown to the western customers. They'll follow their internal agenda and when the things add up nicely, they'll allow the trade in the terms they want it.

China has always been known to be a manipulative government, even their internet has so much regulation and a lot of sites are banned. This doesn't only go with crypto-related stuff but with matters that are not within their control. Perhaps they have declared this to ease some of the cryptousers in their country because there is a huge volume of such. But if things were to go their way, they would ban at utmost anything that is not within their control of unfamiliar to them. I have nothing against China, but that's how their government works.

The first step have been done like the recent crackdowns of cryptocurrency exchanges, restricting their people from investing in any foreign exchanges and the banning of ICOs. These moves by China are part of their plans to eliminate any crypto ventures that are not under their total control. The next step is to allow ICOs that are tailor-fit to their manipulative process of regulating any kind of business.

So if they start regulating the Crypto then we can start investing into their ICO because they are looking for outside investments into their country for further development in order to more advantageous about the become No 1 in the world.

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February 13, 2018, 11:47:27 AM
 #43

I think that the number one priority Of China is to sustain economic growth and full-fill their economic goals every year.
Foreign ICOs and capital going in crypto currencies where part of it is going away from China is bad for their economy,thus the ban.

Regulated local ICOs could be complete opposite - foreign money poring in.

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