ICO restrictions
ICO RISK
Recently I blogged about ICO risk
https://steemit.com/ico/@sanees/ico-risk
China recently restricted fund raising through ICOs
Expect many countries to follow the same. The issue is who is responsible, if and when ICOs fails and investors start loosing money. Just like stock market ,investors accept the risk of loosing money but the problem is there is no proper methods or tools atleast yet to properly inform the public about risk and benefits of ICOs and project.
Over a period of time, expect companies and regulators to figure this out. until then ICOs and cryptos are a wild ride
This is a good thing.
I think the short term dump is mostly over, and instead of spreading out all the funds, itll end up staying within Bitcoin itself.
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