Korea Gov. will ban all kinds of ICO

[samsungvina19]

bitcoin is rising up so fast , now bad news no problems .

china ban, korea ban , any country ban  nothing happen with ICOs

[NRF]

so because this news make market down this morning. :/ Many bad news coming

[boulecoin]

bitcoin is rising up so fast , now bad news no problems .

china ban, korea ban , any country ban  nothing happen with ICOs

I think it's true

[noictib]

http://v.media.daum.net/v/20170929100212900

What it says is "Korea will ban any kind of ICO." It is official from the Government.

Recall what happened when China banned all the ICO.

I think this is going for better because daily daily new new I os are coming and collecting investment from. The people and after that they starts their project which may or not be better as what we expect ( example of yes coin that I faced for long term).
And also in the current time people don't want make money by hard work, they want to invest and want get out the profit easily  by doing nothing, but in actual the way where we flow our money is not seems to be better according to the countries government.
So here may be it is better descion for the bitcoiners by the  government of China and also of Korean, May be here no negative thing we will see because bann of Icos is going to happen not ban of bitcoin.

[etter]

It's understandable that governments respond to the crypto boom. They want regulation, as always. Money laundering is what they are trying to fight. I see this as positive though, I mean the whole ban tendency. Major and promising coins both won't be affected, but this will help to sieve the garbage, as only good projects and teams will be able to get through, working to make everything right and legitimate. There are ways to attract investment beyond ICOs, no doubt.

[bamboylee]

 I already learned from China banning ICOs. It is cannot can the price down forever. Bitcoins and altcoins will recover from any bad news and FUD spreading around. I will do the same as I did before, HODL.

[weav]

I already learned from China banning ICOs. It is cannot can the price down forever. Bitcoins and altcoins will recover from any bad news and FUD spreading around. I will do the same as I did before, HODL.

Yes you are right , they aren't banning crypto just the ico's.

There just will be different ways of distribution now.

[Sumo]

Nbody is banning anything. They are just regulating it. Manipulators are blowing it out of proportion to lower price before it moons next month.

[warr1979]

I already learned from China banning ICOs. It is cannot can the price down forever. Bitcoins and altcoins will recover from any bad news and FUD spreading around. I will do the same as I did before, HODL.

Yes you are right , they aren't banning crypto just the ico's.

There just will be different ways of distribution now.

Haha, if you really do not want to have big loss in future, I think you should change your think.
In someday, the scenario of whales will change and you will do not know that, of course, not easy to know that because we are not a part of them.
But you still can take loss if you know still try hold Bitcoin is high risk.

[kraterion]

Nbody is banning anything. They are just regulating it. Manipulators are blowing it out of proportion to lower price before it moons next month.

Exactly this, not banning but regulating. And of course manipulators are spreading too much FUD so they can buy cheap coins, same as those Wall Street people which spread FUD on BTC. I read somewhere, some months ago something like "when real money will come in crypto, someone's gonna get hurt". True, if financial manipulators = real money

[vennz17]

Wtf, Whats wrong with ICO ? Last days china ban ICO and now south korea 

But we can use this oppurnity to buy bitcoin and altcoin with low price 

[crazylikeafox]

Wtf, Whats wrong with ICO ? Last days china ban ICO and now south korea 

But we can use this oppurnity to buy bitcoin and altcoin with low price 

Blame it to the tons of ICO scams recently and some of the ICO are pretty shady. I don blame the government if they want to shut the ICO down.

[Olatunjex]

They will ban local icos not that their citizens can't participate.  The moment it's regulated then the local icos will be given permission to do icos

[Goodween]

It seems to be true and this a bad call for us.
South Korea's financial regulator has prohibited domestic companies and startups from participating in initial coin offerings (ICOs).

Following a meeting to discuss cryptocurrency controls today, the Financial Services Commission (FSC) said it will prohibit all forms of the blockchain funding method "regardless of technical terminology," while margin trading of virtual currencies will also be illegal following the ruling.

Token offerings, a type of fundraising method that has gained popularity in recent months, are overly speculative and constitute a "violation of the capital market law," the FSC states. An "intensive crackdown" will ensue, with "stern penalties" issued on parties involved in ICO offerings.(C)

[stealth.money]

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.

All these ban and rumor craps out of China and Korea and the price of Bitcoin don't change much, still around $4200 when real high is $4700 to $4800. The China and Chinese/miners or Korean people need Bitcoin, not the other way around.

[lobo13hf]

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.

All these ban and rumor craps out of China and Korea and the price of Bitcoin don't change much, still around $4200 when real high is $4700 to $4800. The China and Chinese/miners or Korean people need Bitcoin, not the other way around.

that's right haha, the price didn't change so much, people just don't give a shit to these two countries because i guess that they have no more dominance in bitcoin supply share. all money have transferred to bitcoin friendly countries, so basically, korean right now releasing regulation for nothing.

[Wildwest]

Nbody is banning anything. They are just regulating it. Manipulators are blowing it out of proportion to lower price before it moons next month.

Exactly this, not banning but regulating. And of course manipulators are spreading too much FUD so they can buy cheap coins, same as those Wall Street people which spread FUD on BTC. I read somewhere, some months ago something like "when real money will come in crypto, someone's gonna get hurt". True, if financial manipulators = real money

Learning from chinese when they banning ICO after few weeks the bitcoin price recover. And if another countries follow to banning ICO maybe this is his strategy to buy cheap coins. Bitcoin is strong the proof is value keep soaring.

[stealth.money]

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.

All these ban and rumor craps out of China and Korea and the price of Bitcoin don't change much, still around $4200 when real high is $4700 to $4800. The China and Chinese/miners or Korean people need Bitcoin, not the other way around.

that's right haha, the price didn't change so much, people just don't give a shit to these two countries because i guess that they have no more dominance in bitcoin supply share. all money have transferred to bitcoin friendly countries, so basically, korean right now releasing regulation for nothing.

Yes, I see again and again most people already know these countries China and Korea creating fake volumes nonstop, the people themselft don't have much coins. Remember when 90% Bitcoin volumes is out of China but when these so call exchanges impose fees it down to less than 10%? LOL. Again and again still only a few Chinese or Korean whales really creating all these hypes and fake volumes, in reality not much Chinese or Korean really have much money in crypto. So, the fake volumes do nothing.

[ninjabiz]

Korean gov doesn't ban  all crypto currency trading, which is good for us, Chinese bans everything.

[robelneo]

http://v.media.daum.net/v/20170929100212900

What it says is "Korea will ban any kind of ICO." It is official from the Government.

Recall what happened when China banned all the ICO.

So far its not the same scenarion jus rlike when China announced they will ban all ico prices of all the coins are not dropping dramatically it just mean people will not be swayed to sell or dump their stakes because they knew it will just comes to pass and bitcoin will become a strong coin .