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Topic: GOOD NEWS!!! South Korea on BITCOIN - page 8. (Read 3182 times)

jr. member
Activity: 140
Merit: 1
July 29, 2018, 05:04:50 PM
Little by little, bitcoin will take over and to me is more than good news. I always say that our generation is fortuned to have such a revolutionized platform or technology known as the blockchain. With that bitcoin will continually grow bigger and bigger. I think korea is on good course.
full member
Activity: 602
Merit: 146
July 29, 2018, 04:35:05 PM
I want to see the reaction or opinion of Korean people about this news and hopefully more countries will follow the South Korea adoption about Bitcoin, if these news keeps up then we will see an increase of demand in Bitcoin in the few years.
sr. member
Activity: 532
Merit: 255
July 29, 2018, 04:06:42 PM
South Korea is one of the countries which has great influence on the growth of cryptocurrency value, especially bitcoin. Her citizen's enthusiasm level towards cryptocurrency is really very high. I think it's this news which makes bitcoin value experienced increase for almost three this week.
newbie
Activity: 14
Merit: 0
July 29, 2018, 03:37:07 PM
This is an amazing news. As soon, as first country will apply a regulation on bitcoin, we will see how another governments would do the same
newbie
Activity: 98
Merit: 0
July 29, 2018, 03:10:32 PM
This is indeed a great news, this is d kind of news I like to be hearing and am very sure with time more country will join and will make bitcoin boom
member
Activity: 420
Merit: 10
July 29, 2018, 02:45:00 PM
I am very appreciative to South Korea who is open and aware of the benefits of bitcoin. I believe that if South Korea is wise in facing this technological advance then more South Koreans will prosper as their economic situation changes better through crypto currency. I just hope that more countries like South Korea are receiving bitcoin presence because sooner or later, whether or not they will soon be penetrated by bitcoin and blockchain technology. Hopefully more countries that legalize bitcoin so that the market can be more active and stable. Of course they can legalize by not out of hand, meaning that the government can still do the prevention of bitcoin criminality with the state system.
full member
Activity: 826
Merit: 104
July 29, 2018, 02:40:34 PM
korea is a crypto frndly country and regulation for bitcoin in korea is really good news and important for bitcoin too.
member
Activity: 308
Merit: 10
★YoBit.Net★ 1400+ Coins Exchange
July 29, 2018, 02:37:03 PM
South korea is one my favorite country because they accepted bitcoin and first of all they supported.
Although Korea is a country accept Bitcoin. But I do not recommend investing in Korean ICO projects. The adoption of Bitcoin made many companies want to create ICO projects to make a profit. And their projects are often without potential
jr. member
Activity: 95
Merit: 1
July 29, 2018, 02:31:11 PM
Yeah, it is undeniable that someday the government will need the help of crypto and blockchain in conducting their state transactions. Government if they want to be honest they can not lie if crypto currency technology is reliable and great. As well as the South Korean government, I am sure if the support and interest of the South Korean government will bring good effect for the development of crypto currency in the country. I am sure that if the state government is ready for prevention and protection from negative transactions of crypto currency and can do tracking even if it is limited to the country then crypto currency will change the economy of the people of the country quickly.
sr. member
Activity: 454
Merit: 250
July 29, 2018, 02:19:29 PM
If Koreans already have high knowledge in cryptocurrency I think they are trying to make a profit through this technology, but not sacrificing safety and security. people who have more money in bitcoin communities because they have bought many of them and it is good that the government is more permissive when opening up markets for its citizens no doubt this will have a rebound both in bitcoin prices and the more dynamic adoption of the Asian market.
legendary
Activity: 2702
Merit: 3045
Top Crypto Casino
July 29, 2018, 01:54:48 PM
Let's hope all countries start following South Korea and start regulating the use of Bitcoin and other cryptocurrencies, this will have a good impact on the market and make people trust cryptocurrencies and start using it whithout fearing to be doing something against their countrie's regulations.
full member
Activity: 205
Merit: 100
The Future Of Work
July 29, 2018, 01:46:26 AM
The South Korea taking their move on regulating Bitcoin.

The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:

"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."

Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/

Wow this is indeed a great news for all bitcoin and cryptocurrency investor,  what i not still sure is if the acceptance for bitcoin by south-korea is the reason for burning price, because we all know how it look like when new country accept currency.
Well, Bitcoin will be more popular these days because of this news and updates. I believe that bitcoin will be accepted by many other countries by 2018 and 2019. Bitcoin will increase its demand and price because of this. Many investors will come and it is a great opportunity for them and us also
full member
Activity: 378
Merit: 108
July 29, 2018, 01:40:33 AM
The South Korea taking their move on regulating Bitcoin.

The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:

"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."

Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/

Wow this is indeed a great news for all bitcoin and cryptocurrency investor,  what i not still sure is if the acceptance for bitcoin by south-korea is the reason for burning price, because we all know how it look like when new country accept currency.
newbie
Activity: 84
Merit: 0
July 29, 2018, 01:40:00 AM
if the koreans already have a high knowledge in cryptocurrencies I think they are the ones that have more weight in the bitcoin community since they have bought a lot of them and it is good that the government is being more permissive when opening the market to its citizens no doubt this will have a good rebound in the prices of bitcoin and more dynamic adoption of the Asian market

Another hopes we are waiting for if someone says it is dead it comes up into alive in other groups of people who's wanting  to know bitcoin currency  let us remain our faith and understand the circumstances of  volatile  price.
newbie
Activity: 5
Merit: 0
July 29, 2018, 01:33:26 AM
A really positive sign. I'm almost sure that South Korea is capable of making the difference, so I look forward to seeing more stories like that. Have a perfect day, everyone! Wink
member
Activity: 175
Merit: 30
July 29, 2018, 01:30:30 AM
The South Korea taking their move on regulating Bitcoin.

The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:

"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."

Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/




Good to hear that bitcoin is accepted in South Korea. I hope that all country will accept bitcoin and I hope that they don't ban bitcoin. The economy of South Korea will rise because they accept bitcoin and the people from South Korea will allow to invest in bitcoin.
newbie
Activity: 10
Merit: 0
July 29, 2018, 01:12:04 AM
Good to know South Korea is to support Bitcoin. They are a very technology-oriented country, so, despite all skeptical opinions, I believe this will improve the standing of bitcoin and have an overall positive effect on the ecosystem.
Thanks for sharing!
full member
Activity: 252
Merit: 100
July 28, 2018, 11:45:56 PM
The South Korea taking their move on regulating Bitcoin.

The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:

"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."

Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/

That really is a very good news. Many countries around the world are attaching great importance to cooperating with some altcoins in the Crypto market and accepting its appearance in their country. This is a sign that Cryptocurrency is a very potential market and it will grow strongly in the future.
Korea is engaging in different kinds of technology like IOT(internet of things), Virtual and now in cryptocurrency. Even though I'm not Korean I think Korea is 2nd place in engaging to this kind of technology just like Japan. I hope it'll bear good fruit.
hero member
Activity: 1834
Merit: 523
July 28, 2018, 06:55:43 PM
South korea is one my favorite country because they accepted bitcoin and first of all they supported. I hope more country will accepted bitcoin and become legal to use to different countries. More countries legalize bitcoin to pump the value becaude the citizens of each country will invest for sure.
newbie
Activity: 12
Merit: 0
July 28, 2018, 06:51:49 PM
What a great news! I'm always thrilled when there's any progress in bitcoin development. Let's hope it helps other people trust crypto and better understand all its advantages.
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