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Question: Is that truth
Yes - 7 (22.6%)
No - 24 (77.4%)
Total Voters: 31

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Author Topic: Bitcoin ban in South Korea  (Read 1588 times)
PancherBitCoin
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October 03, 2017, 04:46:55 AM
 #101

I have recently heard that after China Now South Korea Ban Bitcoin too...is that truth???
 If banned then What's the future of BTC now?  
I think that's not true news. because there is no certainty and there is no news spread. if indeed there is news please give me the information where you see. no hoax
recently there is a lot of untruthful information and I would not trust the first word I got. The fact is that with world smoking and so it's not all that simple, And then the Chinese government decided to make a problem for users of crypto currency. But nevertheless, everything is practically deprived and forbidden, for example, in China, no one will be anything. Although there will be some executions.
Sylenth
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October 03, 2017, 01:23:07 PM
 #102

neither of countries have banned bitcoin,but what they actually banned was initial coin offering knows as ICO, china step had a huge impact on bitcoin but impact due to south korea  market barely took notice,but after impact done by china too,bitcoin is again taking a leap in good manner.

 all of these are done because south korea  fears that cryptocurrency represents a non-productive method of financial speculation. This is a common theme among governments as they approach market regulation. Cryptocurrency is easily conflated with fiat money, but it’s anonymous, which makes it very difficult to tax.

so no need to panic, created just to create a mess in bitcoin holders mind,bitcoin is still operational. 
BitcoinCommodor
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October 05, 2017, 10:53:36 AM
 #103

I have recently heard that after China Now South Korea Ban Bitcoin too...is that truth???
 If banned then What's the future of BTC now?  



correct. but no significant impacts occur, I see the development of a conducive market and tend to be stable.
Little bit of effects will be surcharged but no major dump will occur because bitcoin has proved that it is regardless to any region and no region can take it down and what Korea did they will suffer in future and all this will take them back to stone age and they must have to accept it because of its developments and benefits.
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