China declares initial coin offerings illegal

Good, most icos are cons atm imo... see eth dropping like a rock, obviously all the con owners are cashing out and running, see a lot of sell off on all icos atm, but hold onto things like neo, eos etc, once the parasites are gone, the legit ones will survive and go on

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Pixelbender said:
Luckily Bitcoin founder is Japanese... otherwise he'd be threatened to pay back the money.
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Bitcoin is not an ico
 
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I think its a good thing long term, but the FUD this has caused is massive... Every last one of the altcoins I am trading dropped massively but also climbed back almost all the way already.

Good on the guys who had an eye on the news and could play the dip, should have been awesome gains!
 
cyb3rt said:
I think its a good thing long term, but the FUD this has caused is massive... Every last one of the altcoins I am trading dropped massively but also climbed back almost all the way already.

Good on the guys who had an eye on the news and could play the dip, should have been awesome gains!
Click to expand...

Agreed ICO is the wild west will do more harm than good, but the way they went about it... Eish. massive panic, but I am picking up civic at a steal.
 
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