Bitcoin in Korea back on track - page 2.

jossiel

hero member

Activity: 3150

Merit: 636

DGbet.fun - Crypto Sportsbook

I don't know how this thread come up generalizing Korea back on track? When did Korea set its feet out of crypto / bitcoin?

Quote from: bitfocus on February 27, 2018, 05:50:33 AM

Korea never banned Bitcoin, they just want more transparency which is eventually good - when any government proposes tax on your Bitcoin Profit (as Israel) - it means they just legalizes it in the other words.

Yeah I haven't read any legit news from Korea or South Korea to be exact that they have banned bitcoin.

Quote from: lamcouz on February 27, 2018, 05:00:07 AM

now the market is starting to move up, lots of crypto that turns green.

It's not the real reason why the market is green now, this news came up few weeks ago so probably the uptrend is due to the move of circle.

bitfocus

member

Activity: 532

Merit: 15

Korea never banned Bitcoin, they just want more transparency which is eventually good - when any government proposes tax on your Bitcoin Profit (as Israel) - it means they just legalizes it in the other words.

Qartersa

hero member

Activity: 868

Merit: 535

I think it is NOW the general public's responsibility to only listen and read news from legit broadcasts and newspapers of general circulation. It is because the era has come whereby the public is fueled with misinformation brought about by the birth of social medias. Through this channel, people abuse the power of the freedom of speech by disseminating false news just so they could benefit from the destruction of others' reputation or social standing. Since almost everything is within reach, coupled with the fact that everyone can just write up what they like without having to pass through certain regulatory standards, the propagation of misinformation has become the norm. Hence, I believe when we cannot control the false sources, we can control what we want to believe in. In relation to this, the write up saying that Korea has banned Bitcoin is clearly a false news. I just hope as readers, we become cautious of who and what to believe in because a little misinformation can cause so much. In this case, Bitcoin's price has greatly suffered.

1C6fV5DtakfKANLJ8GUV7hCaA

full member

Activity: 462

Merit: 104

Crypto Marketer For Whales

It's great to hear that Korea is back on track with cryptocurrencies. Majority of daily volume is from Korea and they definitely drive the price up. Most innovations happen there too. This means that it's good progress for the cryptocurrency economy.

Birdiebig

newbie

Activity: 224

Merit: 0

A good news for the cryptocurrency community and investment community. This could be a step forward in the market. It could be a sign for the upcoming bull market

lamcouz

member

Activity: 322

Merit: 10

now the market is starting to move up, lots of crypto that turns green. yes, I agree currently the best time to buy bitcoin. hopefully now is the time the market is pumped

Pom_bensin

full member

Activity: 812

Merit: 100

a good news for cryptocurrency because cryptocurrency will return to the highest price and can be stable, due to the enormous effect of korea in the world of cryptocurrency if korea returns to a good record it will certainly make the cryptocurrency back to normal.

adriaymati58

hero member

Activity: 812

Merit: 501

Korea is finally seeing that bitcoin is good. This is good for us because as we've seen until now Korea has a huge influence over bitcoin

yana0901

newbie

Activity: 98

Merit: 0

In general, bitcoins are digital money on which you can easily earn especially if you invest seed money.

jayc89

hero member

Activity: 756

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

Quote from: mrcash02 on February 14, 2018, 06:33:59 PM

Terrible move towards centralization. The only positive thing you can say about it is: Better than a total ban...

The government wants to know who is trading, how much you are trading, what currencies you are trading, what you are doing with your money, everything they want to know! It was so simple years ago... You could hear about Bitcoin on the internet and on the next minute be already earning it online... Very simple as it should be...

Centralization of Bitcoin would be the worst thing that Bitcoin can do. That would be weird for most people.

Jaya912

full member

Activity: 280

Merit: 101

Quote from: nguyenhoven on February 09, 2018, 11:18:58 AM

Good news, it seems crypto in Korea is getting back on track, as Bithub managed to implement new KYC. Seems like beginning of something huge to me

https://www.coindesk.com/korean-exchange-bithumb-is-accepting-new-users-again/

I think this is the reason why bitcoin price also going to its track to goes up again.
I saw the price this morning and the price is green so i am happy with that. I think crypto is strong enough to defeat their enemy like bad or fud news but it needs just more time to recover.

mrcash02

hero member

Activity: 1190

Merit: 525

CryptoTalk.Org - Get Paid for every Post!

Terrible move towards centralization. The only positive thing you can say about it is: Better than a total ban...

The government wants to know who is trading, how much you are trading, what currencies you are trading, what you are doing with your money, everything they want to know! It was so simple years ago... You could hear about Bitcoin on the internet and on the next minute be already earning it online... Very simple as it should be...

rodskee

full member

Activity: 2520

Merit: 204

Quote from: Rozita on February 09, 2018, 11:35:19 AM

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.

thats truly correct mate becasue korean government want to control their hand the cryptocurrency to get more income comein fron the funds including to collect taxes, collecting of taxes are normal from the government because have an law for every country regarding for the taxe clloction even from invidual person or company's.

farhaan

sr. member

Activity: 392

Merit: 250

Definitely its a great news for crypto world as Korea is a tech hub having a huge influence over the crypto market previously.

Jsu

newbie

Activity: 33

Merit: 0

Everyone says that Korea has such a large impact on the cryptocurrency world... but when I look at currencies in total trading volume, korea is 5th, and fairly small in volume compared to USD/JPY. Can someone explain this?

Borisov

member

Activity: 336

Merit: 10

all the negative news around bitcoin is aimed only at one thing-market manipulation. as for South Korea, they just wanted to control and regulate the cryptocurrency market. like most countries of the world! since bitcoin in Korea is very popular.

Vatimins

sr. member

Activity: 987

Merit: 289

Blue0x.com

Quote from: nguyenhoven on February 09, 2018, 11:18:58 AM

Good news, it seems crypto in Korea is getting back on track, as Bithub managed to implement new KYC. Seems like beginning of something huge to me

https://www.coindesk.com/korean-exchange-bithumb-is-accepting-new-users-again/

You know what man, as what the other people here are trying to say, there really was no plan to ban bitcoins in korea even on india. this is Simply because a lot of people in these countries can really benefit from bitcoins. No matter what the banks and the governments say, there is really no denying that fact. there are absolutely no other people to blame here but the media itself and the bosses running it. The media always does this to make their stories sell. All they think about are themselves and no one else. Unless this thing changes, there will always be misunderstandings that will cause a lot of fud. But anyways man, thanks for this news man. really nice to be seeing great news on times like this when almost every thread we see are negative ones.

BurhanPSG

full member

Activity: 322

Merit: 100

The more countries that support cryptocurrency, this is very good news. And will be one way to a bright future. Because I believe in the future, there will be many people who use crypto technology to advance their country.

mx667

full member

Activity: 294

Merit: 114

Quote from: daenarys_stormborn on February 11, 2018, 05:55:44 AM

it is very good news, because korea is indeed an advanced country and their government will not waste this opportunity, bitcoin is a financial future for a country, hopefully this can help bitcoin recover soon, and so do other altcoin to quickly recover to the price before falling

I think that is a quite good news because we might now that Korea is one of the greatest country in the world in term of technology development. Not just K-pop and E-sport that is so popular there, but this kind of business is also popular I guess. In my opinion, there are various Asian countries who are bann the Bitcoin. But some of them are already back up and recover. In other words, those countries are starting unbann the Bitcoin from their country and start to support them. I guess that is very good so that the Bitcoin will grow and become more useful in a country like that.

daenarys_stormborn

full member

Activity: 756

Merit: 100

it is very good news, because korea is indeed an advanced country and their government will not waste this opportunity, bitcoin is a financial future for a country, hopefully this can help bitcoin recover soon, and so do other altcoin to quickly recover to the price before falling

Topic: Bitcoin in Korea back on track - page 2. (Read 440 times)