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RE: Crypto-apocalypse! A sea of blood red in cryptocurrency markets today.

in #ico7 years ago

In my eyes the ban on ICOs and their corresponding shitcoins (for the most part) is very bullish for BTC/other legitimate coins. There will be less dilution, less garbage in the crypto eco-system and so capital flight should flow into established cryptos such as Bitcoin. In a way I think the Chinese government did some dirty work for us in this case.