Morning breddas. China just banned all ICOs. Pretty gnarly right, everything has crashed and it is pretty cool.
Coins I am not worried about:
1. ETH
Lol eth is so cheap right now, and it might even get cheaper? The people trying to sell it should probably consider organizing an intervention for themselves. Dozy cunts.
2. Monero
Monero is really cool and cheap and it is going nowhere. It is the number 1 privacy coin and will likely be the currency of the next generation of darknet marketplaces and it is on sale right now. I don't currently hold any but I think I am going to buy some soon if it keeps falling.
3. Binance
Binance is compliant with all Chinese law, they have a huge legal team and will continue to crush the market. Super cheap right now.
4. Funfair
Funfair is one of the easiest buys for the rest of the year and right now it is cheap af. NOM NOM NOM.
Coins I am worried about:
1. NEO
Yeah, Neo is sort of fucked right? As the 'Chinese Ethereum' if it cannot allow Chinese companies to ICO on it's platform then wtf is it for? I don't think many western companies are going to choose them over Ethereum. I would be pretty nervous if I was holding a lot of NEO right now.
2. All current Chinese ICOs
They banned so wtf is going to happen here then chaps? Who the fuck knows.
Good luck bros, and try not to panic sell all your crypto <3