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1  Bitcoin / Bitcoin Discussion / Re: Would korean shut down bitcoin exchange? on: January 15, 2018, 12:40:40 PM
Currently there are some news report about korean government. The report say the government there has great concern on bitcoin. Bitcoin has been very popular in korean. What we saw is that the price of altcoin is much higher in korean than the average around the world. However, the unconfirmed message about government's decision now gave a bit hit on bitcoin price. What we saw these two days is the continuous decreasing of all in the market. What if korean really close up exchange? It may pull the price down to zero!!!! I guese. So, do you think whether korean would shut down bitcoin exchange? Would that also lead other governments(like US or China) to close exchange? what if all exchanges are closed up in the world?  Cry Cry Cry
The Korean government's financial watchdog also said it was considering expanding current trade regulations to include virtual currency. However, this extension should also have a legal basis. These regulations include confirmation of the identity of investors, declaration of operating income, supply of electronic wallet codes for money laundering prevention and control.
The introduction of more regulations will help the virtual currency market in the country reduce the fraud. South Korea, despite being known as one of the world's largest virtual currency trading countries, is suffering a lot from investors here.
2  Bitcoin / Bitcoin Discussion / Re: Why do some government ban bitcoin? on: January 15, 2018, 12:05:34 PM
I See topics about banning and I want to ask.

Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.  


Virtual currencies tend to form a property bubble and tend to be used as a means of laundering and raising funds for terrorist activities, so it is likely to affect the stability of financial system as well as harm to the public ".
3  Other / Off-topic / Re: If bitcoin goes to zero on: January 14, 2018, 04:22:16 PM
Rest goes to zero as well?

Which is kinda weird. Everything is measured in BTC. Which makes it the digital gold and bridge between $ (real world) anf crypto.

It is entirely possible that the entire world does not accept the use of bitcoin as a payment method, but the differences we need to remember are that the entire DOTCOM bubble It is a premise for society to grow today and that is why I believe Bitcoin can survive or not, but it will make industry 4.0 boom on cashless payments.
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