So I get home, and what do I see? My favorite Crypto-Youtube-Channel @boxmining has a bunch of new videos. And most disturbing they are about China not being "that rigorous" about the latest ICO ban.
Last weeks the ban-news caused quite a slide in the crypto-market. And pretty soon, people where arguing, that this ban might even be beneficial for the whole crypto-world since less "crap" gets ICOed and with less people scammed, the whole Crypto-World would profit from increased trust.
Now this turn and I guess this can be interpreted in a very positive light again. Since China wants to "regtech" ICOs, probably in the form of licenses, you could argue, that only "good"/"legit" ICOs will come through with projects that actually provide value to the community.
All this being extremely bullish? So might we see the following prices before the end of 2017?
- Bitcoin $10.000
- Ethereum $1.000
- BitcoinCash $1.500
- Augur/REP $100
What do you think?
Tweeted and re-steemed this. Excellent video
thank you mate!!