Bitcoin, ICO Ban and Crypto Bloodbath - Programmer explains

in blockchain •  7 years ago 

Bitcoin and other cryptocurrencies have seen a huge downward trend. A lot has to do with the Chinese ICO regulations. Let's talk about these events. We also mentioned why Bitcoin is so connected to criminal activities.

China has started banning ICOs we will have to see if other countries follow suit.

Platforms for decetralized applications like Ethereum and NEO are espicially affected price-wise today.

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ha ha blood bath ... is actually sales time!!! ETHER afyer the hardfork is going to go huge, from know to the next few weeks is the time to buy

Most of the time when we hear about cryptos on mass media news it is talked about in a negative way, for example the recent HBO hack. This type of news really gives cryptocurrencies a bad image towards the general public, many of whom do not understand the technology. I hope more light is shined on the benefits and potentials of this gamechanging technology as it really will prevent more gov regulation, fear and uncertainty towards cryptos.

There's some great buying opportunities out there for legitimate coins with strong development. Do your research and don't panic trade.

For the first time just bought EOS. I was wondering why the bloodbath on all the cryptos untill i saw your video. I think EOS will do great in the future even in an ICO for the time being. Got in at .90 cents per EOS. :))

Many ICOs scams are the result of people not doing their research. I agree that Bitcoin in the long run should be fine. People are panic selling, but that just means that this is a great opportunity to buy.

Really helpful! Thank you

terimakasih imformasi yang sangat bagus, jangan lupa masuk ke blog saya juga. @jasonmunapasee

What they call the blackmarket I call the freemarket!

Great time to pick up some more EOS!

Re-Steemed. Great post!

I was on the internet by 1996, and to most non-users the word 'internet' just meant porn. People refused to believe that I was in my bedroom looking at emails and websites. They were convinced no matter what I said, that the only function of the internet was porn.

this is what ignorance always do, but little by little everyone is starting to know, it needs just time

Question is, how many days will it take to go back up. I guess in a few days FUD will be over

I blame the good guys for being afraid of the Internet at first, slow to stake a claim, easily manipulated by such things as "dot com boom and bust" , and then easily scared away again if the bad guy roars ... should I also mention that they are perfectly willing to hand over the power to the most unstable of organizations like oh ... the UN? ... Just my old lady view of events though.

So, the short version is: Yes. I believe you are correct in your assessment of the situation.

However, I'm not old enough to help you out regarding the adoption of telephones and cars.

I can tell you that there is great controversy around the invention of the telephone and that "the get away car" is probably the most famous car of all.