Today's Biggest Crypto Losers - The Red Sea Continues - ICOs Under Scrutiny!

in crypto •  7 years ago  (edited)

Rebound? NOPE!

Yesterday I made a post wondering if we were about to see a rebound in the crypto market.

Turns out that was just a brief respite before the tide of the red sea rose once more.

Here is a current screenshot of the biggest losers so far today:

CryptoCurrency Market Capitalizations 04-09-2017 10-04-26.png

Walton

In one of the crypto groups I'm a member of, a few got in on the rise of this coin.

It seems that there was - for whatever reason - a lot of buzz surrounding it.

Apparently the buzz has worn off, and down it goes!

NEO

NEO (and it's companion GAS) could be taking a battering by itself (and not just following the market) due to recent news that China intends to put a stop to ICOs (or at least regulate them).

More on that here: https://news.bitcoin.com/chinese-blockchain-conferences-cancelled-in-fear-of-ico-crackdown/

Isreal

Also in regards to ICOs, Israel is also setting up a committee to try to establish ICO regulations too.

More here: https://news.bitcoin.com/israeli-securities-authority-establish-committee-to-consider-ico-regulations/

Paris Hilton

But there is some good news in amongst all of this, Paris Hilton is the latest celeb to endorse an ICO!

The ICO in question is called Lydian.

I can't be bothered to look into what they're doing. Not if they're going to use Paris Hilton for publicity. 😜

More here: https://www.coindesk.com/hotel-heiress-paris-hilton-is-the-latest-celebrity-to-promote-an-ico/

How Are You HODLing up?

How are your nerves holding out during the latest correction?

Are you holding strong, or did you cash out?

Let me know in the comments!

Thanks for viewing!

crypto cryptocurrency neo gas ico
7 years ago by

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      ·  7 years ago 

    Great post, mate! I am definitely in the HODL camp. I expect to things to pick up and rally more than ever in the next six months. With the instability across the globe, I think it is guaranteed!

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      ·  7 years ago 

    Hi,

    I think the regulation of ICO in china not impacted NEO coin.
    The Chinese government wants to regulate ICO and not crypto coins.

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      ·  7 years ago 

    That's true @nekcorp, although news of regulation has sometimes created dips in the markets.

    It could also be a good time to buy some. :-)

    Thanks for your comment!

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