Daily: Binance to Block Chinese IPs? Raiden Testnet Launches! by boxmining

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bitcoin · @boxmining ·
$104.78
Daily: Binance to Block Chinese IPs? Raiden Testnet Launches!
Boxmining Daily Sept 6th
1:00 Market Recap
3:10 Raiden Testnet!
China Update:
4:00 ICOINFO: Refunds 3 more ICOs
4:30 Yunbi: Trading Stopped for a while
6:22 Binance: Receives VC funding, refunds TRON
8:04 Hong Kong issues warning
9:53 Upgrade Time

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vote details (173)
@andr1an0 · 
Raiden as most people know is a valuable addition to the Ethereum infrastructure... It is an important piece of the blockchains scaling capabilities... Similar to the Lightning Network for Bitcoin.
๐Ÿ‘  
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@boxmining · 
raiden is epic, offchain is where its going to be at. That and plasma. Plasma takes a lot of these concepts and extends it.
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@steemitowner · 
It is great to see Securities and Futures Commission aware Bitcoinโ€‹. More and more countries will do legislation on Bitcoin and accept it. Its price will be going up crazily in the long run.
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@raserrano · 
Thank you for posting this very nice information. I always check your daily post to see whats going on . Thanks @OriginalWorks
๐Ÿ‘  
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vote details (1)
@originalworks ·
originalworks
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@w-w-w ·
$0.20
This is not good.  @Boxmining As I noticed from your interview with Binance CEO Changpeng Zhao, he has pretty deep insight on Chinese situation. And if he decides to block Chinese IPs, this may mean Chinese Gov is gunning not only for ICOs, but for crypto trading as well. This is huge. Binance states the following: "In accordance with... requests from various government offices...". So they were ASKED to block China from trading!
๐Ÿ‘  , , ,
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vote details (4)
@boxmining · 
on slack he was ask what the regulations where and the answered "welcome to china" seems like they just want to do some stuff to show they are complying.
๐Ÿ‘  
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@w-w-w · 
Or just afraid to be punished and had no other choice :) Anyway, the situation will be more clear if any other big Chinese exchange makes the same move - blocks Chinese IP addresses, right?
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@balkrishna · 
LAToken started with listing equities on their platform  LAToken offers unique opportunities for investors of any size to own fractions of assets previously accessible only by large investors (e.g. real estate , bitcoin trading, forex, etc they want to completely transform access to capital, and enable cryptocurrencies to be widely used in the real economy by making real assets tradable in crypto.https://sale.latoken.com/?r=cfb74eff2e
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@healthiswealth · 
Thanks for the great post Michael.

ICO madness? dead cat bounce?
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@kingscrown · 
i can help you get some coins for giveaway on your 50k ping me ;)
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@cendana287 · (edited)
This move by China on ICOs: instead of seeing it negatively, there might be silver linings to this. For instance, to the ICOs already issued and the projects that are now in the works, thanks to the capital received. Since there will be fewer ICOs, more money might flow into the ones already existing. And that would be a good thing for the current holders of coins and tokens.

Some people see the move by China and other governments on ICOs as a total negative. But this is a good thing if ICO proponents can no longer claim just about anything. Instead, they are now forced to be more accountable. As it is, many of the ICOs are rather dubious - undertaken by people who are just trying to squeeze as much money from the current ICO Craze as possible, and not really having any genuine plans to develop their projects.  And leaving `investors' with near worthless coins and tokens.
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@w-w-w · 
You are right - there are some ICO funded projects already. Yes, they are happy to have less competition because new projects are ICO-restricted. This is also good for people having tokes already. But, the technology development chain will now be much slower. So the worldwide economy may not get the full advantage of blockchain technology. For me any regulation in investment sphere is bad. Governments better pay attention on violent crimes, healthcare, etc., but instead some governments try to tell me where to invest - no thank you :)
๐Ÿ‘  
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@cendana287 · 
Yes, there's the negative part too about government interference in ICOs. If the same rules and regulations are imposed as with the IPOs of securities, then many projects will never see the light of day. The developers of these new blockchain-related projects simply won't have the resources to undertake all the paperwork etc. that government regulations demand.
๐Ÿ‘  
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@hanisullah · 
Thankyou for your information...
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@cvmidwife · 
Your energy is so infused with positivism and appreciation!!!
Love it...Thanks for the info :)
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@aomame ·
$0.03
awesome
๐Ÿ‘  
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