Cryptocurrency’s Rocky Road: China’s ICO Ban

In the wake of China’s ICO ban, what befalls the world of cryptocurrencies?

The biggest event in the cryptocurrency world recently was the declaration of the Chinese authorities to shut down the exchanges on which cryptocurrencies are traded. As a result, BTCChina, one of the largest bitcoin exchanges in China, said that it would be ceasing trading activities by the end of September. This news catalysed a sharp sell-off that left bitcoin (and other currencies such as Etherium) plummeting approximately 30% below the record highs that were reached earlier this month.

So, the cryptocurrency rollercoaster continues. With bitcoin having increases that surpass quadrupled values from December 2016 to September 2017, some analysts predict that it can cryptocurrencies can recover from the recent falls. Josh Mahoney, a market analyst at IG comments that cryptocurrencies’ “past experience tells us that [they] will likely brush these latest challenges aside”.

However, these sentiments don’t come without opposition. Mr Dimon, CEO of JPMorgan Chase, remarked that bitcoin “isn’t going to work” and that it “is a fraud… worse than tulip bulbs (in reference to the Dutch ‘tulip mania’ of the 17th century, recognised as the world’s first speculative bubble)… that will blow up”. He goes to the extent of saying that he would fire employees who were stupid enough to trade in bitcoin. crypto gambling

Speculation aside, what is actually going on? Since China’s ICO ban, other world-leading economies are taking a fresh look into how the cryptocurrency world should/ can be regulated in their regions. Rather than banning ICOs, other countries still recognise the technological benefits of crypto-technology, and are looking into controlling the market without completely stifling the growth of the currencies. The big issue for these economies is to figure out how to do this, as the alternative nature of the cryptocurrencies do not allow them to be classified under the policies of traditional investment assets.

Some of these countries include Japan, Singapore and the US. These economies seek to establish accounting standards for cryptocurrencies, mainly in order to handle money laundering and fraud, which have been rendered more elusive due to the crypto-technology. Yet, most regulators do recognise that there seems to be no real benefit to completely banning cryptocurrencies due to the economic flows that they carry along. Also, probably because it is practically impossible to shut down the crypto-world for as long as the internet exists. Regulators can only focus on areas where they may be able to exercise some control, which seems to be where cryptocurrencies meet fiat currencies (i.e. the cryptocurrency exchanges).

While cryptocurrencies seem to come under more scrutiny as time progresses, such events do benefit some countries like Hong Kong. Since the Chinese ICO ban, many founders of cryptocurrency projects have been driven from the mainland to the city. Aurelian Menant, CEO of Gatecoin, said that the company received “a high number of inquiries from blockchain project founders based in the mainland” and that there has been an observable surge in the number of Chinese clients registering on the platform.

A Clear Overview of the Oppo F19 Pro


If you’re wondering which affordable smartphone you ought to pick up within the current market today, could wholeheartedly recommend the brand-new Oppo F19 Pro to you. This smartphone has only just gained rave reviews from critics and users, who claim that this smartphone is an excellent device of high quality and functionality. The camera on this gadget is simply marvelous. If you would like to take good quality pictures, you have to purchase the Oppo F19 Pro. And because of its cutting edge camera feature, it will surely be one of your favourite gadgets to own.

When it comes to smartphone performance, this Oppo F19 Pro really performs like a charm. It features the most recent Android 11 operating system which delivers a plethora of features including advanced compatibility, speed and the security of the device. This smartphone has a large 2.5-inch capacitive multi-touch screen which has managed to reduce the stress on the eyes when watching movies or games. It has also been equipped with features which allow you to enjoy high definition video viewing, excellent picture quality, music playback and quick start up time. oppo f19 pro

Despite its impressive features, the Oppo F19 Pro doesn’t just deliver great performance. It also has a number of nice features which make it extremely enticing. One of the unique features that this smartphone has is the ability to capture high-quality selfies. In order to take great selfies, you will need to turn off the image mode which allows the camera to perform in a normal state. You then need to tap the’snap’ button to start taking high quality selfies.

The Oppo F19 Pro review focuses on the camera aspect of the smartphone. As it has a rather large and complicated camera set in its single review, we can’t really discuss it in full detail. What we can do however, is tell you that the image quality of the Oppo F19 Pro is great and that it’s possible to get good photographs even at the higher zoom levels. You can clearly see that the smartphone has excellent picture quality even at its highest zoom levels.

The Oppo F19 Pro comes with a single rear camera sensor, which means that you won’t be able to use the dual camera feature that some smartphones have. Despite this, the Oppo F19 Pro is one of the few smartphones in the market which uses a single rear camera set up. In this regard, it’s worth pointing out that the smartphone has two cameras in its single lens. This dual lens design helps it take excellent pictures in a variety of lighting conditions. Even in poor light, the photos which the device takes are still of exceptionally high quality.

Another unique attribute of the Oppo F 19 Pro is the fact that it supports Google Places business. The smartphone has an extensive database of local businesses, which allows you to add your own listing for free. When you add your own business details, you can target a specific area or specify the types of services you provide. For example, if you’re a dentist, you can specify that you specialize in braces. With such advanced search features, the Oppo F 19 Pro ensures that you find what you need from the smartphone.

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