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re: Official CryptoTalk Thread

Posted on 9/4/17 at 5:34 am to
Posted by SonOfMike
Austin, TX
Member since Oct 2007
5886 posts
Posted on 9/4/17 at 5:34 am to
I'm setting buy orders @$5. Not sure it's worth trying to catch this falling knife
Posted by Volvagia
Fort Worth
Member since Mar 2006
52968 posts
Posted on 9/4/17 at 5:51 am to
quote:

RIP NEO. Get out while you can!! I'm guessing once America wakes up and hears the news about China banning ICOs NEO will plummet even more.


It will panic plummet, but why do you think it will kill NEO altogether?

If anything, it kills any future currency as a shitcoin, but NEO is a bit further along.
Posted by 7LSU7
Member since Sep 2016
1112 posts
Posted on 9/4/17 at 6:03 am to
In order for NEO to grow it needs these ICOs. Without them it won't do shite
Posted by Volvagia
Fort Worth
Member since Mar 2006
52968 posts
Posted on 9/4/17 at 6:20 am to
After reading it up on Reddit, with those feeling this is a temp setback coming across as in epic denial, liquidated to BTC and Eth, and evacuated from Binance.


Latter is prob an overreaction, but if ICOs are being murdered that heavily, especially with them building their business model with an in house ICO, I felt the chance of the exchange getting locked down was entirely too high.
This post was edited on 9/4/17 at 6:48 am
Posted by Hatcher Hall Shrink
Jackson, MS
Member since Dec 2016
194 posts
Posted on 9/4/17 at 7:50 am to
I thought it would be an interesting next few days but not this interesting. Obviously people are discarding their alt coins for safety with BTC and ETH. The question will be whether they flee altogether to cash or stay in and hold or buy. The markets always flesh out skittish investors.
Posted by Odinson
Asgard
Member since Apr 2014
2863 posts
Posted on 9/4/17 at 8:13 am to
Wow, what a bomb to wake up to. Not even sure if the bloodbath is over. Overall, long term, regulations are good and inevitable for the crypto market. People will actually have to pick more fundamental tokens rather than hype coins.

Posted by Hatcher Hall Shrink
Jackson, MS
Member since Dec 2016
194 posts
Posted on 9/4/17 at 8:28 am to
Hilarious
You know something big has happened overnight when you wake up and check your email and see 2 Gemini emails saying your limit buy orders went through.
Posted by Hatcher Hall Shrink
Jackson, MS
Member since Dec 2016
194 posts
Posted on 9/4/17 at 8:30 am to
SYS is showing signs of life in this carnage.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 9/4/17 at 8:34 am to
Yikes
Posted by Hatcher Hall Shrink
Jackson, MS
Member since Dec 2016
194 posts
Posted on 9/4/17 at 8:41 am to
According to Coindesk, Paris Hilton is launching an ICO. The Chinese knew that they had strep in.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60619 posts
Posted on 9/4/17 at 8:43 am to
quote:

China just banned ICOs
While it will matter for NEO, ICO's can't be geographically contained. The crypto genii is out of the bottle.

I'll be looking for buys during.
Posted by mtcheral
BR
Member since Oct 2008
2087 posts
Posted on 9/4/17 at 8:46 am to
Seems like neo can just pick up there computers and move somewhere else to keep going.
Posted by jmcwhrter
Member since Nov 2012
7773 posts
Posted on 9/4/17 at 8:57 am to
NEO is an established platform that is unaffected themselves by this news.. the problem is that NEO biggest positive was that it was going to be the platform for many news Chinese ICOs as they come out in the future...

Now those ICOs are at least temporarily banned in China..
Posted by Aug1
Member since Nov 2013
79 posts
Posted on 9/4/17 at 9:05 am to
Damnnnnn. What to do. What to do.....
Posted by LSUregit
Member since Dec 2013
1681 posts
Posted on 9/4/17 at 9:22 am to
quote:

Damnnnnn. What to do. What to do.....



This is the time to grab your nutsack, look in the mirror and ask if you want to be in this space, run or hodl.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 9/4/17 at 9:59 am to
quote:


In order for NEO to grow it needs these ICOs. Without them it won't do shite


Not true imo.

This ICO temp ban was needed. The ethereum ico situation is ridiculous. There needs to be regulation.

This is hold time for neo and time to buy more
Posted by thomass
Member since Jan 2014
3526 posts
Posted on 9/4/17 at 10:04 am to
You would think banning ico's would be good for existing coins.
Posted by PillPusher
Gulf Coast
Member since Oct 2009
5926 posts
Posted on 9/4/17 at 10:07 am to
We've had days like this before. And we'll have days like this again. Buy more if you got the funds but for the love of God people don't sell. You'll be kicking yourself when 6 months we are back at all time highs.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 9/4/17 at 10:11 am to
This is people panic selling and not actually researching what's going on.

Neo will be fine.
Posted by dkreller
Laffy
Member since Jan 2009
33602 posts
Posted on 9/4/17 at 10:22 am to
I agree. IMO this "ban" is to just stop the shitcoins. China will probably approve ICOs on a coin to coin basis.

It will all bounce back. The the only coin that worries me is BNB but I think it will also bounce back.

I'm HODLing and uninstalling Blockfolio.
This post was edited on 9/4/17 at 10:23 am
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