I wrote it was done by the central bank of China and not by the people of China. If you write comments on something you do not understand first read my books. Or tell me first what a central bank is but not with an google search answer which is wrong.
RE: The Beginning of the War against the Crypto Currencies
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The Beginning of the War against the Crypto Currencies
Maybe you did not understand my answer or the market.
There is little doubt that central banks do hate the idea of crypto currencys, but the ico ban is not mainly a fight against crypto currencys, yes, there was a great crash after the announcement, but not because crypto currencys in any way where attacked or banned - but more because of emotional decisions of people who do not understand the market and traiders who took advantage of these people.
ICOs are highly overvalued and a quite dangerous investment.
Tell me one reason to read a book of someone who seemingly does not understand the difference of existing currencys and a way of money collection called initial coin offering?
You might be right that a kind of War against crypto will come from Central Banks, BUT the ICO ban is most likely NOT a part of this.
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