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Thread: China banned all ICO

  1. #31
    Junior Member Bilalahmed is on a distinguished road Bilalahmed's Avatar
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    Nine months after issuing warnings to bitcoin exchanges, China's central bank again sent the cryptocurrency markets tumbling last week.

    This time, its focus was on initial coin offerings (ICOs). On September 4, the People's Bank of China (PBoC) issued a sharp statement labelling token sales "illegal and disruptive to economic and financial stability." Analysts blamed this blanket ban for the subsequent sharp decline in cryptocurrency markets, which saw almost $35 billion wiped off of total capitalization in just four days (it has since rebounded somewhat).

    While drastic, the ban is understandable and reasonable. And, like the market reaction, probably temporary.

    Understandable

  2. Huracan
  3. #32
    Member sajid hussain1 will become famous soon enough sajid hussain1 will become famous soon enough sajid hussain1's Avatar
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    China will reportedly block anyone in the country from accessing websites that offer cryptocurrency trading services or initial coin offerings (ICOs). Advertisements relating to Bitcoin and other virtual currencies have also been scrubbed from search engines and social media in the country.

  4. #33
    Junior Member FAIZAN is on a distinguished road FAIZAN's Avatar
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    mery kheal sy ye theak time hy kiu k bitcoin aj down hy to any waly time my bohot up ho jay ga or jo isy buy kr ly ga wo any waly time my bohot faidy me rhy ga or acha profit hasil kr sky ga jo k har koi chahta hy

  5. #34
    Member sachit is just really nice sachit is just really nice sachit is just really nice sachit is just really nice sachit is just really nice sachit's Avatar
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    Quote Originally Posted by FAIZAN View Post
    mery kheal sy ye theak time hy kiu k bitcoin aj down hy to any waly time my bohot up ho jay ga or jo isy buy kr ly ga wo any waly time my bohot faidy me rhy ga or acha profit hasil kr sky ga jo k har koi chahta hy
    hanji china ne sabhi ico ko abhi banned kardia hai lekin esme kaha ja raha hai abhi waha kuch clear nahi hai because bahut se traders ab bhi waha esme kaam kar rahein hai,esme trader ko ache se market me pehle samajhna hoga because ye market bahut he jada volatle hai.

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  7. #35
    Member ryachoudhary is just really nice ryachoudhary is just really nice ryachoudhary is just really nice ryachoudhary is just really nice ryachoudhary's Avatar
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    Before going to take any kind of decision about trading we have to focus on work and go through all the strategies of that like bitcoin. So we can be aware of any kind of loss if we face later that is very helpful for us in trading. In this ways we can easily be aware of next loss and do some work or change our plan before time gone out. A trader must be aware of these things in trading

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  9. #36
    Member Sehrish Shahid is a splendid one to behold Sehrish Shahid is a splendid one to behold Sehrish Shahid is a splendid one to behold Sehrish Shahid is a splendid one to behold Sehrish Shahid is a splendid one to behold Sehrish Shahid is a splendid one to behold Sehrish Shahid is a splendid one to behold Sehrish Shahid's Avatar
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    Chinese regulatory authorities had imposed a ban on initial coin offerings (ICO), a cryptocurrency-based fundraising process, and termed it illegal in China in September 2017. That ban triggered an instant 6% decline in bitcoin prices. Following the ban, the Shanghai-based BTCC bitcoin exchange was forced to close its Chinese trading operations. These regulatory actions by China are aimed at controlling the increasing mania involving decentralized, non-regulated cryptocurrencies which have recently soared to astronomical valuations. However, despite the ICO ban and momentary decline, cryptocurrency trading continued in China, as many participants switched to foreign exchanges, like those based in Hong Kong and Japan, to deal in virtual currencies.

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  11. #37
    Senior Member SA148P has much to be proud of SA148P has much to be proud of SA148P has much to be proud of SA148P has much to be proud of SA148P has much to be proud of SA148P has much to be proud of SA148P has much to be proud of SA148P has much to be proud of SA148P has much to be proud of SA148P has much to be proud of SA148P's Avatar
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    Dost meri opinion to ya ha k ya bohat acha moka ha bitcoin purchase krny k lia . Q k aany valy wakt miin company apny loss ko adjust krna chahy gi is lia price b high hogi to acha hoga

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  13. #38
    Senior Member Akhterp has a reputation beyond repute Akhterp has a reputation beyond repute Akhterp has a reputation beyond repute Akhterp has a reputation beyond repute Akhterp has a reputation beyond repute Akhterp has a reputation beyond repute Akhterp has a reputation beyond repute Akhterp has a reputation beyond repute Akhterp has a reputation beyond repute Akhterp has a reputation beyond repute Akhterp has a reputation beyond repute Akhterp's Avatar
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    g han main nay bhi yeh news suni thi china nay sub ban kar diya hai ho sakta hai yeh eak trap ho but hum log just idea he laga saktay hein kuch keh nahi saktay forex main trading he best hai meray khayal say bohat logon ko loss huwa hai bitcoin main trading kar kay jab wo up gaya tha to logon nay usko aor buy kiya aor yahan per china nay sub ICO ko ban kar diya to bitcoin ki price wapis down agayi aor jin logon nay buy kiya tha wo loss main chalay gaye ab jab kabhi bitcoin up jaye ga to he unka loss recover hoga.

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  15. #39
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    china ne ICO ko bane kar dea that kunke international market men bitcoin ke price kafe down ho gae the aur bitcoin ke majeed down hone ke dar se step lea hey , internation market men kiss bhe price ke up down hone se ayse change hote hen tu es tarah se step lea jate hen , isse lea china ne yeh step lea hey .

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  18. #40
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    Ethereum (ETH) Hits 800$ But Drops Pressured by the Latest Market Trend

    Ethereum, the second-best currency according to its market cap, managed to acquire a pretty favorable set of gains. It easily managed to acquire a price of over 800$ per one ETH unit, which was a huge success considering the massive meltdown in the market that went in for more than eight weeks. Lets see how Ethereum is doing at the current moment, as well as why ETH fell back below 800$.

    Ethereum Hits 800$ per one ETH

    Ethereum has respectfully managed to acquire a massive growth of over 690% against the dollar during a period of 365 days, which h means that ETH alone made almost 700% of gains in the period of a single year.

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