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Author Topic: Will China ACTUALLY ban ICO’s?  (Read 1796 times)
yayat
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September 04, 2018, 05:40:02 AM
 #81

If China is completely banned from cryptocurrency, it may be NEO, TRON, WINGS, also not in the top 100 cryptocurrency list.
The Chinese government has banned the implementation of ICOs, because the ICO has a lot of fraud there, if for trading cryptocurrency they are open to the public.
manwithsuit909
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September 04, 2018, 05:55:03 AM
 #82

neh ,it won't
its just rumors and if u do enough research a lot of coins in the market own my china investor
Dewar Noise
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September 04, 2018, 06:53:44 AM
 #83

actually I am also a little confused with the ban on ico in China, while about 4 years ago China released crypto that is neo, but in my opinion maybe the ban will be removed because now the ico project is interesting and there are also many participants, and maybe if China also makes the ico project also will be good and successful like neo coins
Gabmot
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September 04, 2018, 07:03:15 AM
 #84

I don't think this ban of a thing is real. This is because crypto activities still continues normal to an appreciable extent. I know of a Chinese blockchain project that boasts of an immense support from both the Chinese government and citizens co-joined.
eup
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September 04, 2018, 08:15:06 AM
 #85

At present, many countries cannot do it. Perhaps this will happen in the future when the cryptocurrency is more mature.
rickyNmorty
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September 04, 2018, 08:18:05 AM
 #86

I think, that as soon as they develop legal policies to work with ICO's and crypto they will drop the ban. Despite the way they treat it, China continues to be one of the biggest players on the ICO market.

Got a point, China has a huge population with huge users of crypto with that their government would probably not do something that will harm those individuals and soon accept what China citizens wanted. This kind of situation should be understood by the government not just to benifit investors but also the country itself.
guydin
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September 04, 2018, 08:19:04 AM
 #87

they have Hong Kong to ypass all their rules and prohibotions

laoou
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September 04, 2018, 08:21:54 AM
 #88

Hello everybody!

Even though China has banned ICO’s, Chinese residents continue to participate and register money where it is actually legal. So do you think the “ban” is forever or are they going to drop the bans initially?

After all, the ban is not a law, it is just an order. It is absolutely possible to be changed. China is the world's largest crypto country, and I think their government will not give up crypto easily.

TitsiCoiner
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September 04, 2018, 08:31:28 AM
 #89

China has already forbidden many times, and then again allowed, do not pay attention to it, it's just a routine manipulation on the news background, in time everyone will forget about it and China will refute these rumors.

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bitc0000
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September 04, 2018, 08:36:24 AM
 #90

they have Hong Kong to ypass all their rules and prohibotions
It seems you do not know yet, Hong Kong is not controlled by the Chinese government. It operates independently so there are many ICO projects and exchanges being based in Hong Kong

Kinoppsio
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September 04, 2018, 08:39:40 AM
 #91

It is a trend that China has been exhibitig for sometimes now. They ban ICO and Crypto related activities so that they can buy the dip when people start to sell off in panic
ND_INVEST
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September 04, 2018, 08:46:26 AM
 #92

I think, that as soon as they develop legal policies to work with ICO's and crypto they will drop the ban. Despite the way they treat it, China continues to be one of the biggest players on the ICO market.
Let's hope they do. China is a weird country. While considered to be communist, it usually doesn't prosecute the usage of western websites and apps. It also broadcasts American films. From people who've lived there, I heard it's more of a capitalist country, but than some scary things like total camera control of their citizens happen and you realize you're not in the West. This means that they can stop prosecuting crypto enthusiasts, but can suddenly make attempts to ban them. This would be a huge mistake, because one cannot ban the future. ICOs allow people with limited resources and awesome ideas to create great businesses.
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September 04, 2018, 10:10:23 AM
 #93

China sees that ICO is a very risky investment so it prohibits participation in them. As soon as the ICO will provide more guarantees to investors, China will change its mind.
giletto
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September 04, 2018, 10:19:34 AM
 #94

China sees that ICO is a very risky investment so it prohibits participation in them. As soon as the ICO will provide more guarantees to investors, China will change its mind.
They banned ICO and exchanged. It prohibits everything related to crypto because they can not control it with an overcrowded population. There are too many people involved in crypto so the best solution is to ban it. Hopefully in the future China will be like Korea in controlling the crypto and will lift the ban on it


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ElenaN
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September 04, 2018, 10:24:26 AM
 #95

It seems to me that they will deny until until you've worked through its policy about ICO!
Orrechorre
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September 04, 2018, 10:26:39 AM
 #96

In my own opinion, I think the chinese government will still lift the ban on icos. Though it might take a long time for that to happen because the will need to be convinced of the safety and the rate of scam is reduced before this can happen. I also think when crypto grow to a very high level and it is stable and other countries accept it because of the good potentials that it has, then the ban will also be lifted in china.
manwithsuit909
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September 04, 2018, 10:35:50 AM
 #97

not banning still ppl doing ico there just low profile
Tearz
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September 04, 2018, 10:36:09 AM
 #98

Obviously yes, I've heard long time ago about that, china and korea banned cryptocyrrency, but chinise and korean people already found the way to buy crypto and invest in ICO. Imho nobody can stop progress.

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yugyug
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September 04, 2018, 10:53:08 AM
 #99

Actually China doesn't ban ICO but they restrict it and they will only allow ICO for internal interest like ICO that came from China and they will only allow any foreign ICO which is base on NEO platform because they patronize NEO as an alternative platform against Ethereum, if more Chinese people will adopt NEO it wil be the largest blockchain than Ethereum in the future.
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September 04, 2018, 11:50:42 AM
 #100

The Chinese government has always treated investment with suspicion and caution but I think they will lift the ban in the near future !
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