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Topic: Good news! - page 12. (Read 2407 times)

member
Activity: 112
Merit: 10
January 28, 2018, 01:34:08 PM
Well from one point of view it is cool but from another this is a start of decentralization, today you need to get verified, tomorrow you will need to confirm where did you get your bitcoins and after tomorrow you will pay tax for every transaction.
sr. member
Activity: 560
Merit: 250
January 28, 2018, 01:30:46 PM
for sure Korea has become one of the leading countries towards cryptos and when it makes a good move into crypto I guess the other countries would follow it as well.
hero member
Activity: 1305
Merit: 511
January 28, 2018, 01:27:54 PM
This is an excellent news. Actual legalization of trade in crypto currencies in Korea will make the market more transparent.
In addition, this is excellent news for Koreans, confirming that there are reasonable people in the government. They understand the uselessness of the prohibitive measures.

The news of ban in South Korea reduce the price of bitcoin from 12,000$ to 10,000$.Now the long waited good news came,so the price of bitcoin will soon reach 14000$.Nearly 20 percentage of total trade is made by South Korean, surely this will impact the price of bitcoin.
hero member
Activity: 686
Merit: 502
January 28, 2018, 01:20:06 PM
This is an excellent news. Actual legalization of trade in crypto currencies in Korea will make the market more transparent.
In addition, this is excellent news for Koreans, confirming that there are reasonable people in the government. They understand the uselessness of the prohibitive measures.
newbie
Activity: 126
Merit: 0
January 28, 2018, 10:39:55 AM
Wow what a great news for the crypto world and great opportunities for the south koreans! Well it will begin to attracts investors, sellers and traders more easily, because of the advantages that it can give to a country. I hope that it will not be banned for it will also help their government. Maybe a year or two some countries will enable to witness the great advantage of a cryptocurrency. Way to go, South Korea! Good Job!
newbie
Activity: 40
Merit: 0
January 28, 2018, 09:24:15 AM
It's not new news.
every month we saw many goverments ban, release the rules controlling cryptocurrency, bank issue their own crypto. so tried of these kind of news.
member
Activity: 182
Merit: 20
January 28, 2018, 09:22:19 AM
South Korea government never stated Bitcoin will be banned, the initial news of a few weeks ago was that it would be forbidden to trade coins anonymously, you will need to use your real name, and verify your identity on every platform you use.

This is common sense.

Big thumbs down to those who twisted the news and make it sound like Korea was about to ban bitcoin. Same thing happened with China in October, they talked about banning ICO and many here said bitcoin was banned in China. Please be careful when you share news.

There might be regulation in the UK quite soon, too: http://www.ladbible.com/news/news-will-britain-ban-bitcoin-theresa-may-wants-to-crack-down-on-bitcoin-20180125

like the quote:
Quote
Kevin Murcko, CEO of cryptocurrency exchange CoinMetro, said: "Regulation in the UK may not necessarily be a bad thing for the digital asset economy: government regulation is a legitimising force. New regulations would mean people would feel safer investing in cryptocurrencies, as fraudulent brokers will be excluded from the market.
"As different nations move to regulate cryptocurrencies in different ways, the short-term impact on the markets will be outweighed by the longer-term stability afforded by consumer protections and the elimination of fraudulent entities and practices.
"Compliance with an established regulatory framework, if done right, could lead to wider mainstream adoption of cryptocurrencies and greater stability in emerging markets.
"It is my firm belief that we should be welcoming regulation into the cryptocommunity, rather than rejecting it. This will help to spur on adoption among mainstream investors and the general public."

This is exactly what the crypto world needs at the moment.
well I wouldn't say federal regulation is what the crypto world needs until we  see said regulation because the government can very easily kill anything with regulation and we have no say. Besides tracking users and taxes the fed could add all kinds of regs that would take the fun out of doing something we do partly because it circumnavigates fed regulation. Never wish for or say I hope the Feds step in soon and tell me how I may go about using my money to get out of your regulated system but I trust your regulations will be about my safety and not your fear, nah federal regulation is usually a bummer
full member
Activity: 196
Merit: 109
January 28, 2018, 09:13:13 AM
South Korea government never stated Bitcoin will be banned, the initial news of a few weeks ago was that it would be forbidden to trade coins anonymously, you will need to use your real name, and verify your identity on every platform you use.

This is common sense.

Big thumbs down to those who twisted the news and make it sound like Korea was about to ban bitcoin. Same thing happened with China in October, they talked about banning ICO and many here said bitcoin was banned in China. Please be careful when you share news.

There might be regulation in the UK quite soon, too: http://www.ladbible.com/news/news-will-britain-ban-bitcoin-theresa-may-wants-to-crack-down-on-bitcoin-20180125

like the quote:
Quote
Kevin Murcko, CEO of cryptocurrency exchange CoinMetro, said: "Regulation in the UK may not necessarily be a bad thing for the digital asset economy: government regulation is a legitimising force. New regulations would mean people would feel safer investing in cryptocurrencies, as fraudulent brokers will be excluded from the market.
"As different nations move to regulate cryptocurrencies in different ways, the short-term impact on the markets will be outweighed by the longer-term stability afforded by consumer protections and the elimination of fraudulent entities and practices.
"Compliance with an established regulatory framework, if done right, could lead to wider mainstream adoption of cryptocurrencies and greater stability in emerging markets.
"It is my firm belief that we should be welcoming regulation into the cryptocommunity, rather than rejecting it. This will help to spur on adoption among mainstream investors and the general public."

This is exactly what the crypto world needs at the moment.
member
Activity: 182
Merit: 20
January 28, 2018, 08:55:54 AM
It's understandable, with constant threats for north (aka) best Korea it makes sense that certain security measures including knowing who might be moving big bucks around. As for taxes let's face it I can't find many untaxed investment/currency other than gold and silver which with all precious metals are not taxed. I'm in the us I have no idea how I'm going to pay my crypto taxes but I'll do it, as little as I can but I'll do it. So welcome back to btc South Korea, help us ride the cypto tsunami and keep an eye on north (aka) best Korea and say hello to that odd man who always threatens to blow us up, you know, rocket man and family have been going to blow us up for 40 years I compliment them on keeping such a dedicated mission statement. Sleep well my South Korean friends
member
Activity: 197
Merit: 10
January 28, 2018, 08:41:25 AM
So we'll have to wait until the end of  the month to see if this will affect the price of BTC. The recent government handling of BTC in South Korea could have been the culprit for the massive loss of BTC. So, with this, I'm pretty excited on the outcome.
hero member
Activity: 2912
Merit: 604
CoinMetro
January 28, 2018, 08:32:19 AM
There might be regulation in the UK quite soon, too: http://www.ladbible.com/news/news-will-britain-ban-bitcoin-theresa-may-wants-to-crack-down-on-bitcoin-20180125

like the quote:
Quote
Kevin Murcko, CEO of cryptocurrency exchange CoinMetro, said: "Regulation in the UK may not necessarily be a bad thing for the digital asset economy: government regulation is a legitimising force. New regulations would mean people would feel safer investing in cryptocurrencies, as fraudulent brokers will be excluded from the market.
"As different nations move to regulate cryptocurrencies in different ways, the short-term impact on the markets will be outweighed by the longer-term stability afforded by consumer protections and the elimination of fraudulent entities and practices.
"Compliance with an established regulatory framework, if done right, could lead to wider mainstream adoption of cryptocurrencies and greater stability in emerging markets.
"It is my firm belief that we should be welcoming regulation into the cryptocommunity, rather than rejecting it. This will help to spur on adoption among mainstream investors and the general public."
jr. member
Activity: 178
Merit: 5
January 28, 2018, 07:47:54 AM
With this news it makes bitcoin will increasingly in demand, especially for Koreans who can freely invest in bitcoin. and the question is whether this policy will be followed by several other countries. but I think not all countries will follow the steps of the Korean state that will give policy to its citizens to be able to do any activity with bitcoin. because some other countries will continue to ban for bitcoin users for some reason they mention.
full member
Activity: 798
Merit: 104
January 28, 2018, 07:37:16 AM
The article or the new that you gave us is very good news.  Necause they have possibility the price of the bitcoin again will increase because another country will reconized bitcoin that help bitcoin community to grow. Because if the government do that they have a lot of people invest and use bitcoin so that's why the price of the bitcoin will increase again and we can make more profit and possible to become 20k dollars again the price.


Indeed this is a very good news. This is a milestone to the bitcoin community because they have banned bitcoin before and yet they have change their decision and in fact six  banks will now accept bitcoin trading. This only shows that bitcoin is a good financial asset and surely this news will attract more investors making its price to pump up in the coming days.

sr. member
Activity: 658
Merit: 250
January 28, 2018, 07:30:30 AM
https://bitcoinmagazine.com/articles/south-korea-allows-cryptocurrency-trading-real-name-registered-accounts/?utm_source=dlvr.it&utm_medium=facebook

Hey guys good news here. Hope this will affect bitcoin price and it will grow up. What do you think?

It is good news but probably it will not be big influence at BTC price. I think a lot of traders anticipated this so BTC price will not go up too high
hero member
Activity: 1834
Merit: 523
January 28, 2018, 07:21:55 AM
The article or the new that you gave us is very good news.  Necause they have possibility the price of the bitcoin again will increase because another country will reconized bitcoin that help bitcoin community to grow. Because if the government do that they have a lot of people invest and use bitcoin so that's why the price of the bitcoin will increase again and we can make more profit and possible to become 20k dollars again the price.
member
Activity: 821
Merit: 20
SOL.BIOKRIPT.COM
January 28, 2018, 07:14:57 AM
https://bitcoinmagazine.com/articles/south-korea-allows-cryptocurrency-trading-real-name-registered-accounts/?utm_source=dlvr.it&utm_medium=facebook

Hey guys good news here. Hope this will affect bitcoin price and it will grow up. What do you think?

Yes, this is a very good news. Bitcoin price again come back up. It's very excited time for bitcoin price pumping. Already price 11K cross , I hope soon bitcoin price will be get up 20k.
newbie
Activity: 2
Merit: 0
January 28, 2018, 07:09:04 AM
That really a great news Cool Cool Cool
full member
Activity: 1218
Merit: 105
January 28, 2018, 07:07:10 AM
This is a good news indeed.  The previous reports about South Korea banning of Cryptocurrency I guess it's just a strategy of a certain business men to shakes the market so assurance of profit after investing in market is sure.
South Korea can be considered as huge market for Crypto so doing so it will hurt the price badly.   
Same as my point of view about the rumored south korea will ban bitcoin. But that was a successful strategy to shake the market hard and at the same time a good time to pack up on bitcoin on the dip.  Cool

yes good news indeed the business bitcoin users.the good news of market all to online process of bitcoin workers the investig on busines to market prices and profitability sources.bitcoin stream because i myself needed  a watch favourite coins of online market.the bitcoin good news of steadily rising bitcoin price and market has been reached.know as bitcoin share to good level business of
market sources
I think the market will recover now because of the good news coming from south korea and as stated on the blog that twenty percent of bitcoin trades are happening in korea and that is very huge amount of trading volume. I'm expecting bull rushing on bitcoins price from now on. Cool
full member
Activity: 432
Merit: 126
January 28, 2018, 06:42:29 AM
This would affect the bitcoin in the market. Good news for all of us, as people in Korea might buy a huge amount of bitcoin that the possibility that it will increase its value in the market. It also might open a new door for opportunities in different aspect that biycoin involve. Also, the other countries that somehow not open to the idea of bitcoin might accept bitcoin open arms to ride in the trends of trading in alternative  currencies. This year 2018 might be the year of online transaction using e-currencies, that countries are starting patronizing bitcoin.
member
Activity: 224
Merit: 12
January 28, 2018, 06:23:43 AM
But I'm not very happy. I do not have time to earn that I would buy at least 1 bitcoin. Let another month lie on this level.
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