Bitcoin Forum
June 21, 2024, 02:12:46 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3] 4 5 6 7 »  All
  Print  
Author Topic: Korea Gov. will ban all kinds of ICO  (Read 2096 times)
svojoe
Legendary
*
Offline Offline

Activity: 968
Merit: 1000


einc.io


View Profile
September 29, 2017, 09:00:34 AM
 #41

Guys! We must look at this kind of news very skeptically. 95% that this news is fake. It's just wonderful time after China's news influence gone and somebody just has to make a big pile of shit. Somebody who did not catch bitcoin at 3000$.

Same here! This news is kinda bullshit. The rumor that is spreading around the market. I'm tired of it and I don't believe that.

electronicash
Legendary
*
Offline Offline

Activity: 3122
Merit: 1052


View Profile WWW
September 29, 2017, 09:09:00 AM
 #42

Guys! We must look at this kind of news very skeptically. 95% that this news is fake. It's just wonderful time after China's news influence gone and somebody just has to make a big pile of shit. Somebody who did not catch bitcoin at 3000$.

Same here! This news is kinda bullshit. The rumor that is spreading around the market. I'm tired of it and I don't believe that.

true or not. there are chances that neigboring countries of china will also bann btc. ICOs are just making btc more popul4ar like its the mass adoption we all been waiting.  it makes these offline business go online and can do ICos of their own without coding.



               ▄██▄▄                          ▄████
             ▄█▀   ▀▀▄▄                    ▄█▀▀   ▀█▄
            █▀         ▀▄                ▄█▀        █▄
           █▀   ▄█▄▄            ▄▄▄▄▄▄███▀      ▀▄   █▄
          ▄█   ▄█▀███▄▄                          █   ▀█
          █    ▀   ▀████▄   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄        █   █▄
          █         ▀████████████████████████▄▄▄      ██
         ██        ▄██████████████████████████████▄    ▀█▄
        ▄█▀     ▄████████████▀▀▀▀▀▀▀▀▀▀█████████████▄▄   ▀█▄
      ▄█▀     █████████████              ▀▀████████████▄   █▄
    ▄█▀        ▄██████████████▀▀█▄    ▄▄     █  ▀██ ▀███▄   ██
   ███▄▄     ▄███████████▀▀           ▀██▄        ▀  ▀▀     █▀
     █▀     ███████████▀                               ▄▀   ██
    █▀    ▄██████████▀                       ▄▄▄       ▀   ▄█
   █▀    ▄██████████▀           ▄▄      ▀▀████████▄         ▀██▄
  █▀    ▄███████████          ▄██▀   ▀▀█▄   ▀███████▄▄▄██▄▄   ▀██▄
 █▀     ▀▀▀▀▀▀██████         ████      ▀██▄  ▀████████   ▀▀▀    ▀█▄
▄█              ▀▀█           ████  ▄▄█▄▄███▄  ▀██████           ▀█▄
██▄▄▄▄▄                       █████  ▀▀▀▀▀▀▀▀▀   ▀████▄           ██
       ▀▀▀▀▀▄▄▄                █████▄▄▄            ▀▀▀▀▀▀        ▄██
               ▀▀▀▄▄           ▀█████████████████▄▄          ▄▀▀▀
                    ▀▀▄▄         ▀▀▀▀▀▀▀▀▀▀▀▀▀▀    ▀
                        ▀
.
.BETFURY..
|
         ▄▄▄▄▄████▀▄▄▄
      ▄███▀▀▀█▀▀  ▄████▄
    ▄██     ▀       ▀▀███▄
  ▄██   ▄██▄    ▄█▄   ▀████▄
 ██▀    ████▀▀▀▀▀▀█     ▀███
██▀   ▄███   ███▄▄▄█▄    ▀███
██    ███  ▄█▀▀█▀▀███     ███
██    ███▄▄██ █▄█▄ ███    ██▀
██        ▀▀█▄▄▄▄▄▄█▀     ██
██▄   ▄  ▄▄▄ ▄▄▄  ▄▄     ▄█▀
 ██▄█▀  █▄▄█ █▄  █ ▄▄   ▄██
  ███   █▄▄█ █   █▄▄█  ▄█▀
   ████▄             ▄██▀
    ▀█▀█▄▄█▄▄▄▄▄▄▄███▀
       ▀▀▀████▀▀▀▀
WIN REAL CRYPTO IN THE REAL DROP
JOIN $20,000,000 CRYPTODROP
|Join Fury Game
Get Free Crypto
BFG, USDT, BTC, ETH
|▄████████████████████████▄
██████████████████████████
████▀▀▀▀▀██████████▀▀▀████
████▄ ▀█▄ ▀██████▀  ▄█████
██████▄ ▀█▄ ▀██▀  ▄███████
████████▄ ▀█▄   ▄█████████
██████████▄ ██ ▀██████████
█████████▀   ▀█▄ ▀████████
███████▀  ▄██▄ ▀█▄ ▀██████
█████▀  ▄██████▄ ▀█▄ ▀████
████▄▄▄██████████▄▄▄▄▄████
 ████████████████████████
▄█████████████████████▄
███████████████████████
████████████████▀▀█████
███████████▀▀▀    █████
██████▀▀▀   ▄▀   ██████
███▄     ▄█▀     ██████
██████▄ █▀      ███████
███████▌▐       ███████
████████ ▄██▄  ████████
██████████████▄████████
███████████████████████
▀█████████████████████▀
...PLAY...
kachimasu
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
September 29, 2017, 09:13:53 AM
 #43

If you own the news you own the market, people don't care about sources, they just read the title and panic
saiscoin
Member
**
Offline Offline

Activity: 66
Merit: 10

The Alt Whisperer


View Profile
September 29, 2017, 09:51:59 AM
 #44

If you own the news you own the market, people don't care about sources, they just read the title and panic


Real talk. But its good for the informed to buy at a discount.

GendalfTheFireRed
Newbie
*
Offline Offline

Activity: 50
Merit: 0


View Profile
September 29, 2017, 11:18:15 AM
 #45

Judging by translated sources, the situation is not clear at the moment - when this will happen and how it will be enforced. As the US chose regulation instead of ban - there is a huge available market, which is likely to  persist and even persuade others to reverse bans.
kachimasu
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
September 29, 2017, 11:38:31 AM
 #46

If you own the news you own the market, people don't care about sources, they just read the title and panic


Real talk. But its good for the informed to buy at a discount.

True, today you need to be aware of fake news because they have very real impact
jules-jules
Member
**
Offline Offline

Activity: 168
Merit: 10


View Profile
September 29, 2017, 11:47:43 AM
 #47

Well, true or not it may be, the BTC price sure seems unaffected by this.
Geenstijl
Legendary
*
Offline Offline

Activity: 1232
Merit: 1000



View Profile
September 29, 2017, 11:49:08 AM
 #48

Check this article. South Korea is Going to Ban All Kinds of Local ICOs. The key word is LOCAL. This decision won't be so loud as China ICO ban even if this is not the fake one.
Javi_Anibarro
Sr. Member
****
Offline Offline

Activity: 1540
Merit: 282

tBTC - https://dapp.tbtc.network/


View Profile
September 29, 2017, 11:50:53 AM
 #49

well another move created by goverment.
i will wait another country banning ICOs from the sideline.
we will see another drama come from goverment and then they will trying to lock your account.
2hot2handle
Full Member
***
Offline Offline

Activity: 180
Merit: 100



View Profile
September 29, 2017, 12:07:34 PM
 #50

Guys! We must look at this kind of news very skeptically. 95% that this news is fake. It's just wonderful time after China's news influence gone and somebody just has to make a big pile of shit. Somebody who did not catch bitcoin at 3000$.

Same here! This news is kinda bullshit. The rumor that is spreading around the market. I'm tired of it and I don't believe that.

Me too im so tired and fed up with all this banning news they just want to buy bitcoin cheaper that is why they are creating FUD like that. I hope people will not listen to this kind of news anymore.

Dice    |    Caraycruz    |    Roulette    |    Multicolor   |   Bounties    |    Lottery    |    Exchange    |    Affiliates
████████████████████ [   B I T S L E R   C A S I N O   ] ████████████████████
★           $20,000 Weekly Wagering Contest           ★          $5,000 Weekly BTSLR Coin Contest           ★
Tyrantt
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 564

Need some spare btc for a new PC


View Profile
September 29, 2017, 12:08:46 PM
 #51

This one's from cointelegraph.com: "South Korea potentially “banning” ICOs has unsettled markets Friday, as regulatory statements from earlier this month come back to haunt investors."

why's the banning in quotations tho? To be honest, I don't see the ICO ban going on to the full extent, it would probably be more regulated. I mean, South Korea isn't that much known to ban things unlike some... communist countries, so yes, better controll of those ICOs will be in place.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
ask
Legendary
*
Offline Offline

Activity: 1386
Merit: 1004



View Profile
September 29, 2017, 12:36:01 PM
 #52

This is good news for future. ICO thing is going crazy and most of them are really good ponzi schemes which builld perfectly.
Its good to have a handbrake like this.
alyssa85
Legendary
*
Offline Offline

Activity: 1652
Merit: 1088

CryptoTalk.Org - Get Paid for every Post!


View Profile
September 29, 2017, 12:43:10 PM
 #53

Apparently it is happening:

http://www.reuters.com/article/us-southkorea-bitcoin/south-korea-bans-all-forms-of-initial-coin-offerings-idUSKCN1C408N?il=0

It seems to be domestic ICOs that are banned:

Quote
“Stern penalties” will be issued on financial institutions and any parties involved in issuing of ICOs, the statement added, without elaborating further on the details of those penalties.

It doesn't affect non-ICO coins like bitcoin, litecoin and so on.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit InvestBox.|.BUY X10 AND EARN 10% DAILY.🏆
zokora
Sr. Member
****
Offline Offline

Activity: 532
Merit: 251


View Profile
September 29, 2017, 12:45:18 PM
 #54

same thing with China. I think more countries will follow this, and regulation is not a bad thing for cryptocurrency. If scams and frauds disappears, cryptocurrency will become stronger and widespread
DrToken
Member
**
Offline Offline

Activity: 130
Merit: 10


View Profile
September 29, 2017, 01:00:39 PM
 #55

Korea gov is friendly with USA gov so I think they will just control ICO. not ban it. many good ICO from USA still coming

Most of the icos does not allow US participants

Are we gonna see ban on exchanges too?

I noticed that too, but don't know why - maybe for preventing scam..But what happens if US citizen invest in this ICO? Going to the jail or waiting big fine?)
Flor1982
Full Member
***
Offline Offline

Activity: 714
Merit: 100


View Profile
September 29, 2017, 01:05:38 PM
 #56

No one care, Korean and Chinese volumes are fake and it not going to change much, price wise.

I too do not care but let's not forget that china is one of the major miners in blockchain in which why the price went down extremely. I know that now is different because it is slowly rising to 4k China's lose in btc is still a big rollback in the history of blockchain. But btc is gaining better supporters and we small traders dont really feel the change but for millionaires who invested in btc, they must've had issues to deal.

I do'nt care too minus the chinese still bitcoin reach $4,000 and now with out Korean it still it will be $4,000. I just feel sad because of so many obstacles for bitcoin before it reach $5,000 at the end of this year without these issues probably it already reach it by now.It will be their people lost not ours if they will only think the welfare of their people they would not think too much of the bitcoin disadvantages but instead they should find ways to counter it.
nhatkythangnam
Member
**
Offline Offline

Activity: 74
Merit: 10


View Profile
September 29, 2017, 01:09:49 PM
 #57

nobody care , when china ban ICOs and close exchange , it not effect to price bitcoin and altcoins

so , korea 's market so little . and tommorow price can rising up
reputation
Full Member
***
Offline Offline

Activity: 242
Merit: 100



View Profile
September 29, 2017, 01:13:16 PM
 #58

nobody care , when china ban ICOs and close exchange , it not effect to price bitcoin and altcoins

so , korea 's market so little . and tommorow price can rising up
lol, how will you say China ban ico and close exchange have no effect on the price, if what you say is true, how is the whole market going this month?

clickerz
Hero Member
*****
Offline Offline

Activity: 1414
Merit: 505


Backed.Finance


View Profile
September 29, 2017, 01:17:34 PM
 #59

Thats great, better to regulate this ICO thing. I do agree that this should be regulated  to screen from fraud and scams. If this happen then we focused on trading. Or we should accept only those existing company with existing infrastructure and business license to conduct for ICO.

Open for Campaigns
Nikola95
Full Member
***
Offline Offline

Activity: 231
Merit: 102



View Profile
September 29, 2017, 01:39:29 PM
 #60

The Korean government should first study and know the situation well before they make unreasonable decisions. Instead of following China, they should follow America. Issue the warning first and then study what is going on.

Does the SEC want to ban all ICOs? I reckon no because there are benefits. One solution for it is to limit how much money an ICO raises.

I suppose they studied it all before ban, don't believe they did this without reason.  I just hope this won't affect too much on signature campaigns.

█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀                                         Y I E L D                                         ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
EASIEST WAY TO EARN INTEREST IN CRYPTO

▄▄▄       ▄▄▄▄▄▄▄▄▄▄▄                Twitter          Telegram          Token                ▄▄▄▄▄▄▄▄▄▄▄       ▄▄▄
Pages: « 1 2 [3] 4 5 6 7 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!