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Rozita
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February 09, 2018, 04:35:19 PM |
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From the beginning there was no plan to ban cryptocurrencies in Korea. It was just a rumor to manipulate the market. Those who made it, took the advantage lower prices.
Korea is just trying to stop illegal activities such as money laundering.
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cho99
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Activity: 224
Merit: 61
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February 09, 2018, 04:45:23 PM |
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The people involved with cryptocurrencies in Asian countries such Korea Japan and China present a huge number specially in Korea so there is no way that their country try to ban bitcoin , even in India the statement of the financial minister was misunderstood and defamed by the media to get people scared and spread the panic , no way that countries banning cryptocurrencies till now so this is not good news because it was never a question for getting scared . Bitcoin will continue his career with increasing the potential and with more people getting in the field . |
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OMGyasuo
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February 09, 2018, 04:52:05 PM |
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When the rumors of Korea's prohibition spread, I think there is still no certainty and luckily that was not true. I think Korea is also a potential crypto market, and it is good news for the Korean nation to accept the crypto, perhaps it will contribute to the rise of the crypto. |
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Michellekking
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February 09, 2018, 05:03:11 PM |
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This is a good news for the bitcoin, in the past one week, we have been spread news about South Korea banned the currency trading, people panic selling COINS, led to the slump in the bitcoin Now the news can make people feel more confident about bitcoin, and they can hold it more firmly. |
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Adsily
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February 09, 2018, 05:03:37 PM |
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Bonsaiav
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February 09, 2018, 05:30:07 PM |
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This is good news and i'm very happy to hear it. What you guys ( nguyenhoven, Rozita, cho99 and OMGyasuo) say, is true according to the real circumstances. With the information from all of you, i really hope, this can resuscitate bitcoin users who still 'lay'. From the beginning there was no plan to ban cryptocurrencies in Korea. It was just a rumor to manipulate the market. Those who made it, took the advantage lower prices.
Korea is just trying to stop illegal activities such as money laundering.
But Tether has modified the news from the real situation into a 'provocation' (called FUD) and this caused panic among the bitcoin users and crypto users. |
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dewi91
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February 09, 2018, 05:44:31 PM |
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Finally there is a good news. hope this is a good start and tomorrow there will be more positive news about bitcoin and there is no longer negative news. I want to see bitcoin increases like a rocket like before and no longer decrease significantly.
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nguyenhoven (OP)
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February 09, 2018, 06:31:29 PM |
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When the rumors of Korea's prohibition spread, I think there is still no certainty and luckily that was not true. I think Korea is also a potential crypto market, and it is good news for the Korean nation to accept the crypto, perhaps it will contribute to the rise of the crypto. It's very good news, regulation in Korea will help crypto imo |
◈ HYPERQUANT ◈ Platform for Professional Asset Management (https://goo.gl/wGkw41) |
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nguyenhoven (OP)
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February 09, 2018, 06:35:36 PM |
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This is a good news for the bitcoin, in the past one week, we have been spread news about South Korea banned the currency trading, people panic selling COINS, led to the slump in the bitcoin Now the news can make people feel more confident about bitcoin, and they can hold it more firmly. and that was just a fud  |
◈ HYPERQUANT ◈ Platform for Professional Asset Management (https://goo.gl/wGkw41) |
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Jsu
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February 09, 2018, 06:38:49 PM |
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Awesome news; thanks for sharing. Is JPN still the largest player for Crypto on a daily? Where could Korea be in the future?
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frowsiter
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February 09, 2018, 06:48:43 PM |
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From the beginning there was no plan to ban cryptocurrencies in Korea. It was just a rumor to manipulate the market. Those who made it, took the advantage lower prices.
Korea is just trying to stop illegal activities such as money laundering.
Yeah I am with this one and would like to think in the same manner. What we saw until now was just the FUD and way to make people feared. This leads to situations like panic sell and then dropped market of the crypto currency. This drop later on can cause the wrong impressions on new investors and people who got stuck into crypto at wrong time like this. Hopefully this good news will spread amongst the people too and they will learn how it is not bad for the investing into crypto. |
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Clark13
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February 09, 2018, 06:59:36 PM |
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Another good news for the field of cryptocurrencies. A while ago, there is a thread about Russia allowing all the cryptocurrencies in their territory, and then now, Korea is on it. This is a great news for everyone most of all for investors and those who hold a large amount of bitcoin or other tokens. Price will hike soon once our world accept it one by one. That huge for you is what everyone is expecting this year and we hope that skyrocket will be bigger than the highest point of bitcoin. |
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nguyenhoven (OP)
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February 09, 2018, 07:00:29 PM |
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Another good news for the field of cryptocurrencies. A while ago, there is a thread about Russia allowing all the cryptocurrencies in their territory, and then now, Korea is on it. This is a great news for everyone most of all for investors and those who hold a large amount of bitcoin or other tokens. Price will hike soon once our world accept it one by one. That huge for you is what everyone is expecting this year and we hope that skyrocket will be bigger than the highest point of bitcoin. eventually bitcoin will get there. Maybe not this year, bu it will happen. |
◈ HYPERQUANT ◈ Platform for Professional Asset Management (https://goo.gl/wGkw41) |
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racem
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February 09, 2018, 07:05:31 PM |
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This will have a great impact on bitcoin's price and is a step forward for crypto
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Astvile
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February 09, 2018, 07:07:59 PM |
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There is no bitcoin ban at all in korea,they only did that just for them to have full control of the bitcoins and other altcoins circulating in the market,government there is so greedy in terms of bitcoins because people on korea are earning much with this currency.There will be no way bitcoins will be banned in korea and major asian country
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dothebeats
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Cashback 15%
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February 09, 2018, 07:26:19 PM |
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Good thing it's already been cleared up; South Korean officials, just like any other government officials in the world only wants to regulate bitcoin and prevent illegal activities from flourishing in their countries through the use of bitcoin and nothing more. It's just that some media sources like to rumble words and make it look like something negative comes up, that's why whenever most people read bitcoin regulations they already think that it's the government trying to prevent any growth possible in a certain region/country. A great move, and could possibly regain confidence to some investors and traders.
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secondgarlic
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February 09, 2018, 07:51:21 PM |
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It's just that some media sources like to rumble words and make it look like something negative comes up, that's why whenever most people read bitcoin regulations they already think that it's the government trying to prevent any growth possible in a certain region/country.
There is no way to circumvent this, is there? Major news outlets will never stop using sensationalist titles for crypto related news, doesn't matter whether right or wrong. And since cryptocurrencies are so prone to be affected by news and social media, I feel like every time some major government wants to implement some new crypto regulation, we are going to experience these price drops every single time. |
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kakoli akter jhumu
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February 09, 2018, 07:51:42 PM |
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Yeah this is really good news for korean crypto users. I wish all banned country very soon will withdraw their veto on cryptocurrencies.
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Crystacool
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February 09, 2018, 08:07:15 PM |
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Yes, it is a good news for the bitcoin, the south Korean government accepted the legitimacy of the bitcoin, it will be beneficial to the development of the bitcoin in South Korea, because of the bitcoin in South Korea are protected by law I think the bitcoin will become more popular in Korea, it will soon become just like Japan, the bitcoin circulation in China is very good, will have more stores accept COINS to pay, it will be a very good thing |
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