After Bank of China announced the ban, the price dropped about $300, but leveled out quickly. They are being cautious, like many, no one is quite sure where its headed. ICOs have become a big investment, reconsidering is an option. Check out the article. https://arstechnica.com/tech-policy/2017/09/initial-coin-offerings-are-becoming-a-big-deal-china-just-banned-them/
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From @reclaimer