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RE: As China bans ICOs NEO drops 35%

in #neo7 years ago

Great to see NEO bounce today as China has temporarily banned ico's but NEO is working WITH the Chinese government. ALL ico's are supposed to go through NEO or government backed companies to form control and capital flow. China is very afraid of losing capital out of its country which is WHY it has banned ico's unless it has some form of regulation of them due to its desire to enter the reserve currency basket along with Dollars, Pounds, Euro etc.

I hope you got some while NEO and Gas are cheap as once everyone realises neo will be one of the few ways to host Chinese ico's I think you can expect it to grow like Ethereum, especially as Chinese are very patriotic and loyal. Peace!

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