First China Now South Korea

[lasry]

For me, this all seems very normal, Governments would naturally ban cryptocurrencies because its in their way. It would be really hard balancing fiats and crypto. And because of this they all end up banning crypto. But the real thing is, no one could ever stop it.

[hujanderas]

it may be an ico ban and no other Koreans are really happy with btc trading with Korean exchange having the most volume when compared to the world, they always have a higher price when compared to other parts of the world.

[shalaza]

ICOs will be affected and not bitcoin. There are many scam ICOs now and i think regulating or banning them outrightly will save potential investors.

[DoublerHunter]

For me, this all seems very normal, Governments would naturally ban cryptocurrencies because its in their way. It would be really hard balancing fiats and crypto. And because of this they all end up banning crypto. But the real thing is, no one could ever stop it.

Yup, they are afraid for their own fiat currencies to lose a lot of user or consumers of it so they are trying to do their best in order to stop the hype of the cryptocurrencies and to avoid the possible damage that cryptocurrencies can bring to economy because if there will be lesser amount of users of fiat then the economy of a certain country will have a huge decline for sure because they cannot get much profit from crypto since they are centralized and the cryptos are decentralized.

[poletando]

is this a fake news about south korea? las time i read about south korea, south korea want to makes their coins for their national coin, so i think its a good news? why worried about souuth korea if south korea make a good news for us?

[Wayan_Pedjeng]

The actions by the South Korean government is highly suspect. I could understand the actions by China. They don't want the Bitcoin to pose a challenge to the CNY and therefore they are hostile to BTC. But the South Korean government is not united in its stance against BTC, and the minister has sometimes deliberately crashed the Bitcoin exchange rate as a result of his actions.

[Xester]

First China Now South Korea banned bitcoin now many people think bitcoin price may fall down and they sell their bitcoin

If you look at the date of the post it was posted last year 2017 and eventually South Korea did not ban cryptocurrencies. I guess this topic must be closed already since South Korea is no longer banning bitcoin and other cryptocurrency and this post may create wrong information and panic on the bitcoin community. At this point of time the cryptocurrency market movement in South Korea is stable.

[mulyadi dedii]

I think you should add your bitcoin to a long-term investment, because opportunities are still open to see bitcoin price increases in the future.
the reason, although there are some countries that prohibit bitcoin, but this is the forerunner of digital technology in the future. and i'm sure over time, digital currency will be applied in the future.

[Reatim]

First China Now South Korea banned bitcoin now many people think bitcoin price may fall down and they sell their bitcoin

As far as I know, South Korea hasn't ban bitcoin yet. They maybe heavily regulated it but it doesn't mean that they are putting a complete hammer ban. Just be careful on what you post without any source. This is consider a fake news in my opinion.

Should I keep my bitcoin, sell it, or buy more?

Just hold on it and purchase if you have extra funds in you. Sooner or later bitcoin will go on another bull run and can even touch new all-time-high. No need to dump it just because of some negative news. It doesn't make any sense at all. And besides, you are not losing any profit if you are just holding, right? So why sell it.

[Veterock]

It isn't necessary to sell bitcoin now! You should wait up to the end of year, the price will be grow up!!