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Topic: First China Now South Korea (Read 1996 times)

member
Activity: 238
Merit: 15
May 20, 2018, 10:11:24 AM
It isn't necessary to sell bitcoin now! You should wait up to the end of year, the price will be grow up!!
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
May 15, 2018, 09:51:15 AM
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.
member
Activity: 420
Merit: 10
ENCRYBIT — FUTURE OF CRYPTOEXCHANGE
May 15, 2018, 09:38:18 AM
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.
hero member
Activity: 994
Merit: 544
May 15, 2018, 09:34:26 AM
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.
sr. member
Activity: 913
Merit: 252
May 15, 2018, 09:22:54 AM
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.
full member
Activity: 364
Merit: 100
PlayGame.com
May 15, 2018, 08:24:28 AM
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?
hero member
Activity: 2590
Merit: 644
May 15, 2018, 07:24:47 AM
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.
newbie
Activity: 283
Merit: 0
May 15, 2018, 05:33:10 AM
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.
newbie
Activity: 132
Merit: 0
May 15, 2018, 05:27:37 AM
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.
member
Activity: 205
Merit: 10
May 15, 2018, 05:22:58 AM
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.
newbie
Activity: 30
Merit: 0
May 14, 2018, 05:02:59 AM
First China Now South Korea banned bitcoin now many people think bitcoin price may fall down and they sell their bitcoin
member
Activity: 532
Merit: 10
May 14, 2018, 04:56:07 AM
What should we do keep your bitcoin, sell it, or buy more?

 now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC... Huh
I think you should have a solid background in the Crypto market before making any decisions. Because if you have confidence in the Crypto market, you will never fudge the FUD. But if your belief is unstable, it will make you regret a lot of times because you are not sure in your investment decisions.
I recommend making a list of advantages and disadvantages of Crypto. You will have the most accurate conclusion of your own.
member
Activity: 672
Merit: 32
May 14, 2018, 04:44:01 AM
What should we do keep your bitcoin, sell it, or buy more?

 now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC... Huh
Crypto always volatile, we know official currency of the country also experienced it. this allows us to think smartly with use of our crypto assets to remain stable at desired value. apart from that we also have to keep by balancing price of coin and not to drop price already listed on exchange market
full member
Activity: 504
Merit: 100
May 14, 2018, 01:50:21 AM
It's because they see South Korea leading the crypto market so that's where anti-btc people focus their baseless FUDs. They just keep releasing the same FUD but it still affects the market.
member
Activity: 235
Merit: 11
May 10, 2018, 01:49:14 PM
The title of a similar post of this year should be,"First Facebook, and now Twitter" and the discussion would keep going about "Is google is going to be the next one?"
sr. member
Activity: 462
Merit: 252
May 10, 2018, 01:35:18 PM
they have even taken it a step further now where they have now banned all government officials from holding and trading in any form of cryptocurrency , this is significant because it the first time any government has actually legalized a ban for all of its officials.Its funny thought because south Korea is actually the third largest crypto market and in an official statement the government had confirmed that it had no intentions of banning or crushing crypto dealings.
full member
Activity: 378
Merit: 100
May 10, 2018, 01:21:18 PM
some powers who do not want little people like us make money. They are also happy to make the most of the poor and love working slaves for peanuts. But you are even lucky to get a job and they also do not like the power to be decentralized because this is the opposite of elitism and feudal system that plagued the planet even today. Cool
member
Activity: 242
Merit: 10
May 09, 2018, 03:23:17 PM
Now it seems that users and investors are looking for panic excuses. Two countries in China and now in South Korea decided that it would not really affect Bitcoin prices. If users and investors are not involved in panic sales. Chain and south Korea now banned ICO, because of the strong trade ties between China and Korea.
newbie
Activity: 133
Merit: 0
May 08, 2018, 07:11:40 AM
I think it is only temporary since people keep demanding on ICOs to get profit with. Maybe several months after the ban the China and South Korea will lift the ban and make alternative way to regulate ICOs.
maybe this is just a Chinese and South Korean finesse to lower the bitcoin price they will basically buy when the bitcoin weakens.
and will set tactics to improve ICO again.
full member
Activity: 490
Merit: 100
March 24, 2018, 02:37:16 PM
ICO is for the altcoins and not for bitcoins. Its the new coins for which the dev set a price and take money from people in form of bitcoins and in return give the new altcoin. So basically this has nothing directly related to bitcoins.
Well it think bitcoin is the first digital currency so this thing makes bitcoin the first priority of people,. As much bitcoin is famous now no other altcoins or digital coin is, bitcoin is being acceptable as a payment is several places so people so as much as they can make investment, china is not making any difference to bitcoin value and price but after the legalization of bitcoin in Japan and south Korea bitcoin has become more valuable and price of bitcoin raised very high after this news.
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