I had a similar thought as I read about the Red Pulse ICO that China decided to disallow participation to residents of China, United States, Singapore, and a few others. While this decision may have caused NEO's prices to drop, I believe this is good for the long run. History always repeats itself ... does the current state of cryptocurrency market with an ICO coming out every other day remind you of any other time in history (hint: it happened in the late 90's). It is just a matter of time before all these ICO's collapse the market (at which time I will buy BTC, ETH, and Steem). I'd rather not have it come to that, but it will if we as a community don't raise our voice and do something about it.