I don't really understand China's point of view, it seems that they're changing their opinion regarding ICOs and crypto every other day.
But I was thinking, do you want them to legalize ICOs? It would probably attract more whales, no? And might cause some manipulation in the markets.
Thoughts?
I would love to see chinese join our market today so that the marketcap will be worth of trillion dollars if that happens these whales who are manipulating the market right now wont have any good chance because they need billions of dollars to do that,because today we still have less than a trillion dollar marketcap that is why these people are able to manipulate the bitcoin's value from time to time.
Yes, China is really too big and its power is strong. If the Chinese government policy is clear, it will bring better stability to the global market, and the market is not a little money to change.