Quote from: XbladeX on October 06, 2017, 09:08:13 PM

Quote from: VitKoyn on September 29, 2017, 07:36:23 AM

South Koreas Financial Services Commission has announced that all initial coin offerings will be banned in the country. and said
"All kinds of initial coin offerings (ICO) will be banned as trading of virtual currencies needs to be tightly controlled and monitored."

Source: https://news.bitcoin.com/south-korea-bans-initial-coin-offerings/

What do you think? Is this ban only temporary and after implementing regulation it they will change their decision or they will do what China did?

I just wonder when they will ban etherum becouse 60m of eth was sold for 30 000 BTC:D so 77% is from coin creation by certain people.
IF they ban ICOs they should ban ETH why not ? But I see it trading on exchanges now ? Why ETH ICOs is better than other ICO ?
Just beacouse ETH ICO was older doesn't mean it is safer : ) .
They should not BAN ICO or ban all ICOs.

While ETH had an ico, ETH is no longer an ico, it is now an established project that has become successful so it is very unlikely ETH is going to be banned, however I agree with the sentiment somewhat, coins should not have icos and people that believe in the project must earn their tokens through mining the same way that bitcoin did it, but it seems that model is not going to come back.