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RE: China Bans ICOs, Is This Good News Or Bad News?
Good news for established cryptos. Less shitcoin ICOs = less pollution of crypto ecosystem. Now money should flow into legit coins such as BTC ETH etc. I like this news.
Those were my thoughts as well. That money will likely go to the legitimate players, which is what we want anyways.
Exactly!!
Exactly my thoughts. Let these illegitimate coins just die off and never to be heard of again. In the end, it will make the established coins stronger.
pocketsend:100@cryptovegabond, this move may well shift focus on major established coins and bring new impulses to currencies instead of projects with pie-in-the-sky goals.
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Successful Send of 100
Sending Account: wekkel
Receiving Account: cryptovegabond
New sending account balance: 996197
New receiving account balance: 99
Fee: 1
Steem trxid: 72b3ba3f108b0a9fb4fce86995a306974c019539
Thanks for using POCKET! I am running this confirmer code.