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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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jesika
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April 13, 2018, 05:54:10 AM |
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It says, cryptocurrency seems like a rare shot at prosperity. Months after last year’s bubble started to implode in February, the Korean won remains the third most traded currency for Bitcoin. The country of 52 million comprises 17 percent of all Ethereum trading, and it was the location of two-thirds of world’s biggest exchanges this winter. What do they mean? That’s weird.
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Hellobx
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The Experience Layer of the Decentralized Internet
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April 13, 2018, 06:00:49 AM |
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Not only in South Korea, but in recent months, anyone involved in the cryptocurrency market has suffered some damage. Because the whole market has been falling in recent months.
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beatecoin
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April 13, 2018, 06:03:26 AM |
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Everyone who was not intelligent was damaged in the bear market. the same people who caused the market to fall so much. not only in kore, but in the whole world. I would expect investors of the pioneering country in the market to be more logical.
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Herp-a-derp
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April 13, 2018, 06:09:00 AM |
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What a news! Someone lost money on investments. On investments in the crypto currency. What an unexpected turn of events
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cryptogeek101
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April 13, 2018, 06:12:07 AM |
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This news information about bear market is a little bit belated because right now we are experiencing price soaring since yesterday. Let us not kill the excitement so soon with FUD. I personally don't like spreading negativity because it does more harm than good.
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kindbtc
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April 13, 2018, 06:12:28 AM |
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No one lost untill they sell in loss, i think that crypto market has good potential to recover and even grow more in volume then the last highs, it is just the matter of patience, let the next wave upward begin.
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redhondaxrm125
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April 13, 2018, 12:14:59 PM |
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Well, that's what greed does to people who do not know how to control it. I really think that the Koreans that have lost a lot of capital during the bear season are Koreans that did not take into consideration the past years of this industry due to extreme greed or just did not know about the past years because they didn't even bother to read about at least the past years of this industry before diving into their investments. But for those who were greedy but did not panic sell, they really have great instincts and probably read a lot to be able to hodl as long as they could and not panic sell. They are the ones that haven't lost their investments yet and have the potential to get their capital and if lucky, even get more profits.
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tonylewisverdu
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April 13, 2018, 12:20:48 PM |
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Not just south Korea, worldwide we are hurting. need this to turn around so we can all have some happy days
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Ayaancool
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April 13, 2018, 12:39:53 PM |
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Now market is recovering but investing on ripple is always bad idea because it’s centralised premised coin even the owners started to dump coins on investors once price increased , so that might be the wrong decision they took investing on ripple.
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terrific
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April 13, 2018, 12:42:44 PM |
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Not just south Korea, worldwide we are hurting. need this to turn around so we can all have some happy days
There's still something left from the past bear market that we went. But now many are starting to celebrate though it's still early but it isn't great right that it's starting to get green. Check coinmarketcap now and see that most of the altcoins are all green,following the path of bitcoin. Now market is recovering but investing on ripple is always bad idea
I never invested to XRP after reading the news that the owners of it became one of the most richest in America. And now where they are? They became quiet after taking profits from their investor. This is why I don't invest to centralized coins.
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Cnut237
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April 13, 2018, 12:48:34 PM |
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South Korea is a very wealthy and advanced country. The public in South Korea are ahead of most countries in accepting and buying crypto. There is also the same problem affecting a lot of advanced countries in that the younger generation feel priced out of things such as buying a home that their parents' generation took for granted. This means that more young people than normal there are looking for a way to get rich... which draws them to crypto. There will be plenty of South Koreans who have made a lot of money from crypto, equally there will be a lot who got in during the December rush who are now hurting. Ripple is indeed very popular there, which is one reason that the Ripple rise and fall in the early part of this year was more dramatic even than the rest of the coins experienced.
No reason for anyone to panic though, the market will recover and South Korean investors likewise will recover.
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aardvark15
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April 13, 2018, 12:48:57 PM |
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This could be true for anyone that bought Bitcoin or altcoins during the last quarter of last year as the price spiked high. Even worse than buying high is borrowing money to buy at a high price. Anyone that can hold and wait for the cryptocurrency markets to recover will be fine, but those that had to borrow money will have to pay interest and we don’t know how long the recovery will take.
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Phoenixpple
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April 13, 2018, 01:07:25 PM |
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South Korean forces can not be overlooked, in the encrypted transaction there are many transactions from South korea. The bear market has hurt everyone in the past few months. At this time, everyone needs to wait, so we need to have confidence in encryption. As long as the market starts to recover, the enthusiasm of Koreans will come back again.
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cilgindansci
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umachit.fund
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April 13, 2018, 01:14:03 PM |
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South Korea is very confident in crypto currencies. The ascension has begun and South Koreans are most pleased with it. South Korea will be a leading country in the new world.
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kolesozw
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FRX: Ferocious Alpha
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April 13, 2018, 01:41:34 PM |
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Like every other investment, buying cryptos must be done only with a funds you can afford to lose. People are getting crazy and are buying only by hypes. I have a neighbor who 'wants to get rich' from cryptos, but he doesn't cares how cryptos works and other essentials. He just want his 'to get rich'...
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shinharu10282016
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April 13, 2018, 01:52:18 PM |
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No one lost untill they sell in loss, i think that crypto market has good potential to recover and even grow more in volume then the last highs, it is just the matter of patience, let the next wave upward begin.
Oh yes. This. They may lost some 'unreal gains" because they didn't sell at that point. But whats the point of counting your gains if you didn't benefit from it? Lol. One of the traders always remind me that you can never lose here until you sell at less than what you invested for. So therefore, no loss should be counted from not even selling your coins. Easy as that. Plus everyone is hurting from the bear market. Can we not just talk about that. Lol
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Procopiogamscrypto
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April 13, 2018, 02:13:44 PM |
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South Korea has widely known as crypto keepers and users, a lot of them benefited when the bull market exploded last year, that's why the Korean government thought that because of a big amount involved, they immediately banning the trading of all crypto for alleged tax evasion that creates a turmoil which ignites the drastic drop in Jan. 2018. Until now not only south korea carry the burden resulting from the regulation and correction imposed in every country but all crypto believers who always believe that after the darkness there is always light to follow.
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makishart
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Leading Crypto Sports Betting & Casino Platform
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April 13, 2018, 02:36:56 PM |
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Like every other investment, buying cryptos must be done only with a funds you can afford to lose. People are getting crazy and are buying only by hypes. I have a neighbor who 'wants to get rich' from cryptos, but he doesn't cares how cryptos works and other essentials. He just want his 'to get rich'... They were thinking if they have invested in the right time. But the majority of them bought crypto when it was on the peak. They don't even know about to trade and the majohrity of them were early adopters of crypto without any knowledge about crypto itself.
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prehisto
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Your Data Belongs To You
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April 13, 2018, 02:41:10 PM |
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A lot of people lost money , basically it is the start and the end of the bubble. At the start people buy because of the hype and nearing the end they sell because of fear.
South Korea just had the most hype in the country ,thats it.
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