First China Now South Korea

[bakerlisa510]

What should we do keep your bitcoin, sell it, or buy more?

 now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC...

[no0dlepunk]

What should we do keep your bitcoin, sell it, or buy more?

 now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC...

That is your money, my friend... I won't solicit an advise from just anybody if I were you. Anyway, I had heard the news about South Korea plotting ban against ICOs but I haven't read anything there about bitcoins or putting exchanges on cease. Here is my source: https://cointelegraph.com/news/south-korea-ico-ban-bitcoin-price-ethereum-show-market-not-impressed. Your profile indicates that you are new to this kind of bizkneez, and I assume that you are a weak-hand in the making. Now, moving on, I can only give you something to ponder about - anything that you cannot afford to lose, convert it back to fiat asap. However, If the bitcoin price goes to the moon, then blame the article on Twitter (which I assume where you had read the news) but at least you had nothing to lose. CAVEAT.

[hyperdak]

ICO can't grown until all country ban ICO.

because ICO now is scam .

YC also think about use blockchain to invest startup company.But  it depends on ICO nad token is  legal.

YC news here : https://techcrunch.com/2017/09/20/yc-wants-to-let-people-invest-in-its-startups-through-the-blockchain/

[Mandoy]

What should we do keep your bitcoin, sell it, or buy more?

 now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC...

Well China is not banning bitcoin but the exchanges and the ICO's. Chinese exchanges failed to comply with the requirements set by the government to operate thus they need to close. South Korea on the other hand if you look at this article "https://qz.com/1090437/bitcoin-btc-and-ethereum-eth-prices-fall-on-south-koreas-bans-on-initial-coin-offerings-icos/" it is not bitcoin that they are banning but ICO's. This will affect the ethereum market and waves but it will not affect bitcoin. But the present threat to bitcoins price deflation is the possible banning of Bitcoin in Russia. The law is not yet out but they said the decision will be out on October whether they will ban bitcoin or not.

[Jovovich]

What should we do keep your bitcoin, sell it, or buy more?

 now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC...

Well China is not banning bitcoin but the exchanges and the ICO's. Chinese exchanges failed to comply with the requirements set by the government to operate thus they need to close. South Korea on the other hand if you look at this article "https://qz.com/1090437/bitcoin-btc-and-ethereum-eth-prices-fall-on-south-koreas-bans-on-initial-coin-offerings-icos/" it is not bitcoin that they are banning but ICO's. This will affect the ethereum market and waves but it will not affect bitcoin. But the present threat to bitcoins price deflation is the possible banning of Bitcoin in Russia. The law is not yet out but they said the decision will be out on October whether they will ban bitcoin or not.

And i read it just temporary depending on some upcoming election in China. And people are really putting some blame on china itself because china really did ban it without the real perspective of the news. I think even if ethereum and wave is affected, there is a chance that bitcoin is still affected in a good way. More investment would go to bitcoin if eth and waves would also go down.

[MAbtc]

it is not bitcoin that they are banning but ICO's. This will affect the ethereum market and waves but it will not affect bitcoin. But the present threat to bitcoins price deflation is the possible banning of Bitcoin in Russia. The law is not yet out but they said the decision will be out on October whether they will ban bitcoin or not.

It's not even clear how large of an effect this will have on Ethereum. Apparently, the ban is just on domestic ICOs, and enforcement only affects Korean institutions. At this point, it doesn't seem like foreign ICOs (i.e. the vast majority of ICOs) are affected, and it seems that Koreans are still allowed to invest.

We'll need to wait and see what the regulations looks like when they are actually issued. For now, we can only speculate. But I've seen several opinions from Koreans now that say Westerners are blowing the news out of proportion.

[Fainalan]

What should we do keep your bitcoin, sell it, or buy more?

 now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC...

i even still not get income from bitcoin then china and korea was banning bitcoin, i am afraid with this situation.

[Casabrandy]

it is not bitcoin that they are banning but ICO's. This will affect the ethereum market and waves but it will not affect bitcoin. But the present threat to bitcoins price deflation is the possible banning of Bitcoin in Russia. The law is not yet out but they said the decision will be out on October whether they will ban bitcoin or not.

It's not even clear how large of an effect this will have on Ethereum. Apparently, the ban is just on domestic ICOs, and enforcement only affects Korean institutions. At this point, it doesn't seem like foreign ICOs (i.e. the vast majority of ICOs) are affected, and it seems that Koreans are still allowed to invest.

We'll need to wait and see what the regulations looks like when they are actually issued. For now, we can only speculate. But I've seen several opinions from Koreans now that say Westerners are blowing the news out of proportion.

Banning seems in thread to dip the btc value so everyone can ride when its dump and removes the banning when it seems they already have save enough crypto.  It will be another fud that will make btc dips and hoping that btc can still recover which it always did.

[giveen]

This might just be a ico ban and nothing else koreans are really happy with trading btc bithumb korean exchange has the most volume when compared to the world they always had higher prices when compared to rest of the world.
Banning of ico is only done because raising funds without any permission isn't allowed now south korea hasn't done anything negative to btc to not get unnecessary loss it's better if you set a stop loss.

[BTCLovingDude]

What should we do keep your bitcoin, sell it, or buy more?

 now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC...

"you" should sell whatever amount of bitcoin you posses because you do not understand what bitcoin is. sell it now and try to come back when you studied a little and educated yourself about what bitcoin really is. try to think about what a decentralized currency really means.
i promise you that your skepticism will be over too.

the only downside to this is that by the time you understand what bitcoin is you will be forced to buy bitcoin at least $1000 above what it is currently worth.

[1NV3ST0NM3]

What should we do keep your bitcoin, sell it, or buy more?

 now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC...

As I always say just trust the long term benefits of bitcoin. Even if it falls its surely going to rise soon. World has 200 other countries apart from these two.

[hitrawal91]

What should we do keep your bitcoin, sell it, or buy more?

 now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC...

Ya even i came to know this today under the techcrunch.com website https://techcrunch.com/2017/09/28/south-korea-has-banned-icos/?ncid=mobilerecirc_recent . I am not expecting much because when china's ban couldn't create a pressure on Bitcoin and other cryptocurrency price's, then what can we expect from South Korea. But we should not take it small, Be prepared and trade your bitcoin in a smart way and with a tighter stop loss. This can also create some kind of manipulation by south korea.

[xuan87]

Yes and seems like there will be more country going to banned ICO and I kind of agree with ICO banning, there had been a lot of scamming that tainted the ICO reputation, and we already got too many coins that worth almost nothing, but I think a more strict regulation is more appropriate rather than banning all ICO, some of the ICO offered a great feature

[blockman]

What should we do keep your bitcoin, sell it, or buy more?

 now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC...

Don't be skeptic or doubt bitcoin. It's normal when there are news out there about ban the market will react on it. Only the weak handlers are going to sell but if you're a long term investor in bitcoin, you'll just take time to chill, relax and see those weak handlers see their stash. And when that happens just take the cover and catch those sold bitcoins and buy it at dip, that's what you should do now.

[dothebeats]

Asking for advice on what to do with your money on a public forum and doing it is like giving someone else the permission to spend your money on something you don't fully understand.

Best advice is to keep it until you're satisfied with the gains you received and sell it afterwards. No need to ask others as it's just common sense. Historically, bitcoin tends to gain price over time so it's somehow safe to hold it in the next 2-4 years and still make a profit off of it.

[gentlemand]

It's ICOs, not Bitcoin so I don't get why your knickers are in a twist.

If countries can be bothered I think ICOs will probably be banned everywhere. The potential for disaster and scamminess is just too temping and people are too stupid to resist. They're not funding new and interesting projects, they're just piling up money for junk.

That doesn't mean they won't continue, but it'll be interesting to see if exchanges reject the results of ICOs when they're trading or will treat it as a separate thing.

[rexona]

What should we do keep your bitcoin, sell it, or buy more?

 now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC...

no need to hesitate to invest, basically china just wants bitcoin to decline. that's all they want.

[arseaboy]

use your precious time to research and study how and why things are happening right now, china is just another country which also have a huge numbers of traders and investors but not just because of that we will worried about the future of this system better to buy more while they are selling what they've got because issue isn't resolved yet from their country because for sure after that bitcoin and other quality alts will progress and rise up.

[User365]

I think it is good that icos get regulated (and I really hope South Korea regulates ICO´s and don´t permanently ban it)

To much ICO´s are just scams now, from the view of a bad person it could be a Ponzi without payouts. (People invest ETH (has value) and get some tokens in exchange which will be worth nothing if there are no actual devs)

Best thing is this PreICO stuff, basically, an ICO to finance the ads of the main ICO  

[subSTRATA]

it is not bitcoin that they are banning but ICO's. This will affect the ethereum market and waves but it will not affect bitcoin. But the present threat to bitcoins price deflation is the possible banning of Bitcoin in Russia. The law is not yet out but they said the decision will be out on October whether they will ban bitcoin or not.

It's not even clear how large of an effect this will have on Ethereum. Apparently, the ban is just on domestic ICOs, and enforcement only affects Korean institutions. At this point, it doesn't seem like foreign ICOs (i.e. the vast majority of ICOs) are affected, and it seems that Koreans are still allowed to invest.

We'll need to wait and see what the regulations looks like when they are actually issued. For now, we can only speculate. But I've seen several opinions from Koreans now that say Westerners are blowing the news out of proportion.

with how rampant scams seem to be with fake startups and ico's, I think the point of regulation is to keep the potential investors safe. they're creating an environment more friendly to newcomers and providing some sense of security for them. I really can't see these moves towards regulating ico's as bad, in the long run, I think it'll be a positive influence on crytocurrencies.

I think it is good that icos get regulated (and I really hope South Korea regulates ICO´s and don´t permanently ban it)

To much ICO´s are just scams now, from the view of a bad person it could be a Ponzi without payouts. (People invest ETH (has value) and get some tokens in exchange which will be worth nothing if there are no actual devs)

Best thing is this PreICO stuff, basically, an ICO to finance the ads of the main ICO 

the South Korean government is pretty receptive of technologies, I doubt they'll outright ban them without a very, very good reason.