China banned all ICO

[sakigbest]

jii haan main na suna tha is ka bary main kun kaa is se chanana ko kuch masla tha jis ki wajah se inse bnd ker deya hai

[Aonkhan532]

What is forbidden has always been attractive, and the same is proving true with ICOs. Chinese newspaper ‘The Voice’ have published two articles claiming that the crackdown on digital currency is*not succeeding, and that in fact*ICO activity*has intensified. In defiance of the government ruling, Chinese exchanges are continuing to provide their services to investors seeking “to take advantage of the tide of rising bitcoin prices.”

The article states that when the ban was announced, the “hot money network” of cryptocurrency exchanges was silent, but afterwards “platforms immediately set up overseas websites and continued to provide digital currency services to mainland users as overseas companies. They also illegally set up "contract transactions like futures.”

OKCoin, one of the four largest exchanges worldwide, is singled out as guilty of obfuscating its operations in China, and also offering unlicensed securities.

An investigation into the exchange was headed by a Mr. Yang, who told reporters that the platform has “neither the corresponding qualifications nor any supervision” necessary for operating legitimately as a digital currency futures trading platform, and that it has circumvented regulations by nominally moving the company overseas. The exchange purports to be “headquartered in Belize” with a team in Hong Kong, but Yang claims that in fact the entire company is operated “in Beijing, and the users are almost all Chinese.”

[Shahnawaz148]

bitcoin ne kaafi recover apna losses kal aur aaj me karliya hai,ye inr ke hisaab se se 210,000 inr ka agaya tha lekin abhi ye fir se 283,000 inr ka hogaya hai,esme bahut he jada volatile market rehta hai,esme bahut he careful hokar trading karna hoga..

[chasif]

not only ico next will be coin and houbi they are the beggest bitcoin exchanger n chaina the effect is so huge that bitcoin price is now 3 k used only . bit conin will go back where it belongs . i dont know if the time to buy bitcoin the prices still droping .

[Attraction]

Dear friends these are minor huddles and are really not making any difference at all. However, we need to make sure that we keep our options open instead of going with one option. I love Bitcoin and Ethereum, but I also invest on upcoming ICOs like Sphere, which got huge potential and have very connectable concept.

[chasif]

dear friends mry khyal mn to hum ko bitcoin ko buy kr lyna chaye q k future mn es ka bhot bara fida hi aur bitcin bhot kjald upr ja rha hi .aur ye sb se bri crypto currency ha and waqt k sth sth agy jany k chances hain is k iwla is ksth bqi currences b up ho jy gi.

[btcchips]

ICo's should be banned everywhere. These fraud companies have found the way of funding their project with people's money with no background and product experience and most of them have no products and no whitepaper. They're simply playing with people's emotion who dream of turning ICO's into next bitcoin. Bitcoin & altcoins are two different coins and mostly 99 percent of ICO's turned out to be scam one way or the other and hence people lost 99 percent of their money & hence they should be regulated and regulator authorities should check the company's worth & experience & Whitepaper before allowing them to launch ICO's

[0307148]

I think we need to wait for sometime and allow the market to settle down a bit because there is huge level of uncertainty in the market now and there is high risk involved in it. The market may get really low volume or it may fly to the sky so I feel to be on safer side we need to wait for the market and wait for the market to take the next move then we need to work according to that.

[Zeeshan420]

For me i dont like cryptocurrency because its hard and risky to trade with it , it doesnt respect the technical analyse or the other analyses and any country can ban it like china today and this will lead to big losses,thanx for threat

[buttar]

G han sahi kahan china ki waja se bitcoin down aya hai. but fikr krny ki zrorat nhi . bitcoin ne up e jana hai balky ye acha moka hai buyers k liye k wo is ko or down jany dain ta k mazeed down se buy kiya ja saky. 2877$ support show kar raha hai. buyers is area se buy krein gy . is area ko watch karna hoga