China Bans ICOs - Move causes $200 decline in Bitcoin Prices!!

Immediately after China announced Ban on Initial Coin Offerings, Bitcoin Price fell from $4584 to $4350. Altcoins also faced similar Downtrends.

However as per Sources, the move will not have long-lasting effect on Cryptocurrency. Instead, such Regulators intend to improve the Quality of ICOs.

https://www.cnbc.com/2017/09/04/bitcoin-digital-currency-price-falls-on-china-ico-ban.html

---

• I would Love to Read your Reaction/Opinion on the same.
• Please Vote Up/Comment/Resteem to spread the Love for Steem and for @steem-god Blog/Post.
• Feel Free to ask if any Queries:)
• Follow Me @steem-god (Reputation Score: 46, Followers: 328, Steemit Age: 3 Months) :)

---

Note:

• The Images that @steem-god Uses in his/her Website are taken from the Internet. Hence, @steem-god is Thankful to the Original Sources of the Images and does not take Credit for any Work upon them. :)
• I do a Great Research before making any Announcement about the Prices and Future of any Altcoin. Also, I Listen to Everyone, but I Trust Nobody. Listen to my Announcements, Do your Research based on it and Invest Wisely. Success shall be Yours :)

---