China bans initial coin offerings

Pekelo said:
I think it was overbought, but anyway:
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Monero is getting close to a bargain price before its next run to $200. It might have another $10 to the downside to go.

I'll be reloading on some LTC as well.

As these superior coins become more recognized, they'll start to eat into BTC's market share.
 
My thought is that as more regulators crack down on ICO's, traceable coins, perhaps shut down a few large exchanges, the anon coins like Monero or Zcash will grab mkt share from the traceable coins.

Good luck cashing out tho, may have to meet Juan Pablo in Jaurez mexico to get your cash. lol

BTW south korea just came out with ICO regulations today and have exchanges in their sites as well. South Korea has been where the most volume has come from in crypto as of late so this could put a damper on things. http://www.businesskorea.co.kr/engl...al-authorities-strengthen-regulations-digital
 
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I'll admit to wanting to launch my own coin just from the money that was being thrown to these things. I do like the idea of startups being funded w/coins though.
 
lovethetrade said:
Monero is getting close to a bargain price before its next run to $200. It might have another $10 to the downside to go.

I'll be reloading on some LTC as well.

As these superior coins become more recognized, they'll start to eat into BTC's market share.
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Ditto, thought bitcoin was setting resistance at 4500, thankfully I can pick up some more along w/monero b4 they each run to 5k and 200.
 
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