I thought this event would not be such a big deal and things would be the way it was but I guess I was wrong. The ban of ICOs in China had such a huge impact on bitcoin's and altcoin's prices. Most of the coins lost its value. I think the investors sold all of their coins to not suffer from huge losses and thats why bitcoin and altcoins had a huge drop in price
Oh nooo.
So they are the reason why everything is going down. Damn these chinese governments. Do they see cryotocurrency a threat to their nation? I mean would it not be better if they welcome or even fully adapt the blockchains? And I wonder what the price will be if a chinese citizen is caught owning cryptocurrency?