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Topic: What a twist! Korea news . (Read 317 times)

newbie
Activity: 140
Merit: 0
May 12, 2018, 12:45:14 PM
#29
Do not panic! Nothing bad happened. Now the hype is over and the market is quickly normalizing. South Korea is a big player in the crypto currency. I think the Koreans will continue to take an active part in the community.
newbie
Activity: 76
Merit: 0
May 12, 2018, 12:38:08 PM
#28
no problem after the news from korea ... crypto market will continue to evolve over time, all will forget the news and the return of the market like december 2017. crypto market demand is superior to the news.
hero member
Activity: 2324
Merit: 513
Catalog Websites
May 11, 2018, 04:31:33 PM
#27
What is this Korean news that Op is talking about?
I think I missed this or I just forgot what this news is all about.

korea news initially created Fud but recent times news we can see Korea formed crypto regulation to run the crypto trading and pay tax accordingly actually it is good move by governments
I saw a meme on facebook that says "load korea fud" so I think that's what is happening now.
h55
member
Activity: 210
Merit: 11
May 11, 2018, 04:18:23 PM
#26
What do you think about the future crypto market after the news from Korea?

I saw the falling and also that news about upbit, but some references said to me that the problem solved and there is no more problem, i think the market will come back and rise again. be patient and do not panic sell.
jr. member
Activity: 420
Merit: 1
May 11, 2018, 03:58:41 PM
#25
Korea is a technologically advanced and developing country that makes risky but promising steps in the development of the crypto industry. I think that Korea will go far ahead thanks to the legislative settlement of the crypto industry.
newbie
Activity: 154
Merit: 0
May 11, 2018, 03:38:28 PM
#24
korea news initially created Fud but recent times news we can see Korea formed crypto regulation to run the crypto trading and pay tax accordingly actually it is good move by governments
newbie
Activity: 196
Merit: 0
April 29, 2018, 02:02:25 PM
#23
I don't think that you should be worrying about it. Korea will not ban exchanges. It'll not worth it even for them. Even if they do something bad to the cryptocommunity, we will find a way to avoid it.
full member
Activity: 938
Merit: 108
OrangeFren.com
February 25, 2018, 06:17:06 PM
#22
The news is kinda confusing, i just read that they accepted bitcoin already. They manipulate the market so that they can buy more. This is not new at all it can be a copy cat.
member
Activity: 308
Merit: 10
February 25, 2018, 04:57:51 PM
#21
I know one important thing
Everything new they want forbid to allow later! Or allow to forbid! the popular scheme of the authorities works on psychology


thats the way to regualte the price to buy or sell i think..

but i also think it will be ok and we dont have to worry about it
full member
Activity: 896
Merit: 103
February 25, 2018, 04:18:44 PM
#20
I know one important thing
Everything new they want forbid to allow later! Or allow to forbid! the popular scheme of the authorities works on psychology
full member
Activity: 266
Merit: 113
February 25, 2018, 03:17:39 PM
#19
That Korea that China they masters to cause panic in the cryptocurrency market that everything went to a bottom,they would be bought,and then as usual you not so understood,the mistake left.
hero member
Activity: 749
Merit: 507
February 25, 2018, 12:16:28 PM
#18
Which Korea?
North Korea? Which is best Korea, Has no internet access already ~swh~.

When some countries bans crypto currencies, it backfires. Don't worry it'll only raise the interest in cryptos.
sr. member
Activity: 490
Merit: 250
February 25, 2018, 12:09:02 PM
#17
Perhaps there will be negative changes after new steps in Korea against the cryptocurrency! But Belarus legalized the crypto currency, Russia also plans to legalize the cryptocurrency. Although a couple of years ago, strictly wanted to ban cryptocurrency in Russia, now plans to legalize it! so everything will be fine! The main thing is that countries with well-developed economies do not prohibit cryptocurrency!

Would you happen to know what % of taxes would be imposed, if any on crypto?

it is difficult to say! However, Korea was a pretty big player in crypto world! As South Korea was the world's third-largest market for the sale of bitcoins, after Japan and the USA! And most interesting, South Korea was the largest exchange market for Ethereum. It amounted to 33% of the shares of the crypto pot!  Perhaps the situation will develop so that will force investors and all those people who are engaged in cryptocurrency to reveal the number of their transactions and the volume of purchases, which would impose a tax! Maybe it's for the best! Many bots will fall off, the market will become more qualitative!
sr. member
Activity: 546
Merit: 251
February 24, 2018, 04:35:33 PM
#16
Korea will only do it with legal procedures. It will be very positive for the market.
full member
Activity: 392
Merit: 159
February 24, 2018, 04:27:44 PM
#15
Perhaps there will be negative changes after new steps in Korea against the cryptocurrency! But Belarus legalized the crypto currency, Russia also plans to legalize the cryptocurrency. Although a couple of years ago, strictly wanted to ban cryptocurrency in Russia, now plans to legalize it! so everything will be fine! The main thing is that countries with well-developed economies do not prohibit cryptocurrency!

Would you happen to know what % of taxes would be imposed, if any on crypto?
sr. member
Activity: 490
Merit: 250
February 24, 2018, 04:19:34 PM
#14
Perhaps there will be negative changes after new steps in Korea against the cryptocurrency! But Belarus legalized the crypto currency, Russia also plans to legalize the cryptocurrency. Although a couple of years ago, strictly wanted to ban cryptocurrency in Russia, now plans to legalize it! so everything will be fine! The main thing is that countries with well-developed economies do not prohibit cryptocurrency!
member
Activity: 336
Merit: 14
February 24, 2018, 02:56:19 PM
#13
so it was just a FUD , now proved .
media shows and make viral any news which is not even confirmed by authorities .
again and again this is proved .
member
Activity: 566
Merit: 10
February 24, 2018, 12:30:22 PM
#12
Historically fud is just part of crypto. It is used to manipulate crypto market those news aren't real but fake, rhat is when you see panic sell in the market.
hero member
Activity: 966
Merit: 513
February 24, 2018, 10:30:37 AM
#11
everything will be fine Bitcoin market in Korea is very very stressful, this country is very toy with bitcoin prices, until they forbid bitcoin to circulate in its country but in my opinion it will not have a big effect on bitcoin price globally

When the there is negative and fakes it goes viral Trump's news but South Korean government already said they do worry more about trading platform. They share in press release confirm as crypto trading is allowed.
More for you guys you have to understand that this thread has been created on January month after that there are many fakes news and legit evolved and now they accepted too. I hope we do not need more discussion.
member
Activity: 154
Merit: 10
February 24, 2018, 10:10:22 AM
#10
It is just a move, nothing that serious. In case more governments ban crypto then we can develop better platforms so that the government wont be able to see the transactions. I don't think that is gonna happen because now crypto society is way stronger than most governments in the world.
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