Bitcoin Forum
June 24, 2019, 11:03:15 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2018-04-03] Korea's Crypto Exchanges Pledge Market Cleanup  (Read 21 times)
maarx
Hero Member
*****
Offline Offline

Activity: 882
Merit: 517


cloverdex.io


View Profile
April 03, 2018, 09:27:00 PM
 #1

"It was a fantastic year in 2017."

As stated by Junhaeng Lee, co-founder and CEO of Seoul-based crypto platform Gopax, that's one simple but accurate summary of the last year for cryptocurrency exchanges in South Korea. Indeed, since earlier last year, crypto trading volume in the country has surged to a point where exchanges from South Korea have topped their global peers in terms of 24-hour trading volume.

Speaking at the Deconomy conference in Seoul on Tuesday, Lee credited the speculative mindset of Korean investors as the key driver. As he put it, when price surged, investors simply flocked in, enticed by big gains.cl

"South Korea market is very, very speculative," he told CoinDesk.

https://www.coindesk.com/regulation-not-koreas-crypto-exchanges-pledge-market-cleanup/

Your thoughts on it?



























.What is Cloverdex platform?.
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
ANN Thread | Website
Telegram | Twitter
Whitepaper | Reddit
1561417395
Hero Member
*
Offline Offline

Posts: 1561417395

View Profile Personal Message (Offline)

Ignore
1561417395
Reply with quote  #2

1561417395
Report to moderator
1561417395
Hero Member
*
Offline Offline

Posts: 1561417395

View Profile Personal Message (Offline)

Ignore
1561417395
Reply with quote  #2

1561417395
Report to moderator
COINSWITCH
Trade 300+ coins
No Login
No KYC
Get $5 on 1st order
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1561417395
Hero Member
*
Offline Offline

Posts: 1561417395

View Profile Personal Message (Offline)

Ignore
1561417395
Reply with quote  #2

1561417395
Report to moderator
1561417395
Hero Member
*
Offline Offline

Posts: 1561417395

View Profile Personal Message (Offline)

Ignore
1561417395
Reply with quote  #2

1561417395
Report to moderator
jjacob
Legendary
*
Offline Offline

Activity: 1554
Merit: 1022


★Nitrogensports.eu★


View Profile
April 04, 2018, 05:14:28 AM
 #2

The Korean exchanges are basically stating that they will vet ICOs and tokens before listing them. This is definitely required, especially when many of the tokens are issued by fly-by-night operators. But I doubt whether this will reduce the overall speculation in the cryptocurrency market in Korea. As long as people feel the urge to gamble, they will always find a way to do it.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
churrosndips
Newbie
*
Offline Offline

Activity: 29
Merit: 1


View Profile
April 04, 2018, 06:10:15 AM
 #3

This is welcome news. It should help increase the quality of the ICO's that people bring to the market and would potentially improve investor confidence. Hope that this is not all hype and the pledge would turn out into hard action. We've heard plenty of similar buzz from everywhere it seems nowadays and yet it seems that things remain the same.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!