Post
Topic
Board Speculation
Re: Cryptocurrencies regulated from October 1 in China!
by
BillyBobZorton
on 30/09/2017, 14:13:39 UTC
https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/

If this is true (laught at Sep 31), might boost bitcoin, thus all the crypto, mainly NEO/GAS, which is about to get eth-like rise soon with the first ICO on NEO platform on Oct 8 and possibly becoming the only platform for ICOs in China with the support of China. NEO is currently a technically better platform than Ethereum and with a great community and developers.

And there yo have it. Just like how everyone that was smart expected, China would come back with an unban on crypto which would be coupled with some sort of regulative aspect to it.

I can predict, easily, that we are going to be on the $5000 range pretty soon, probably as soon as next week, due the very bullish news of the comeback of China.

Now if we could only stop segwit2x from crashing the price in November, we could be aiming at $10000 per coin pretty comfortably. Let's hope for the best.