Chinese have OFFICIALLY banned ICOs.
Not FUD, this was released at 3pm Beijing time.
The price at the moment I have sold most of my Neo to consolidate further losses. When Western markets react further to this it will push Neo further down and I'm not creating scare tactics. It' just the truth. Anybody saying this isn't bad news and it's good for Neo is just being delusional.
So did I, and NEO was one of the projects I was most keen of. I'm actually kind of shocked that it managed to go back to $20.
Wait till the Americas wake up and see the markets.