Post
Topic
Board Altcoin Discussion
Re: [Breaking news} Korean Government will ban all kinds of ICO.
by
Hyperme.sh
on 29/09/2017, 04:03:18 UTC
Nothing to worry about news like that, there's a lot of country accept ICO as part of digital currency future.

The existing ICO issued tokens are headed to zero because they will banned every where:

ICO's wont end, it will only be regulated, and that is not a bad thing for cryptocurrencies, regulation will help prevent scam ico's take the investors money, since ico is necessary for a projects success regulation will also be a factor for its good development especially in legal terms.

There is a huge downside coming though:

The downside of regulation of token sales as securities, is they can’t actually become freely tradeable everywhere tokens legally, unless they are locked untradeable on the blockchain for 3 years.

No more get-rich-quick gains and scammy pumpy dumpy.