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Uh oh prepare for more SK FUD
Poast new message in this thread
Date: January 17th, 2018 9:47 PM Author: Big public bath Hope you enjoyed today's bounce . It might not last
http://mobile.reuters.com/article/amp/idUSKBN1F706T |
Date: January 17th, 2018 9:48 PM Author: Carnelian regret why is ICX not reacting? (http://www.autoadmit.com/thread.php?thread_id=3863287&forum_id=7#35180193) |
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Date: January 17th, 2018 10:02 PM Author: Carnelian regret just headfirst into it, maybe slowing but there has been RALLY since this story hit (http://www.autoadmit.com/thread.php?thread_id=3863287&forum_id=7#35180279) |
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Date: January 17th, 2018 9:51 PM Author: Magical school This is comical (http://www.autoadmit.com/thread.php?thread_id=3863287&forum_id=7#35180211) |
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Date: January 17th, 2018 9:55 PM Author: flushed location sound barrier tbf korea actually does have a problem. there is like 10B USD of won being traded against crypto every day--the fucking NYSE does something like 50B, and that's in a country with >6x the population and a bunch of fintech bots doing picosecond-level stock trades. (http://www.autoadmit.com/thread.php?thread_id=3863287&forum_id=7#35180236) |
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Date: January 17th, 2018 10:36 PM Author: bearded police squad pit seriously, and we KNOW how obsessive the koreans get about shit like starcraft
and they combine it with GAMBLING and INTERNATIONAL FINANCE FRAUD
if i'm a korean politician i'd just say ban it all
the fact that only 250k gooks signed the petition in korea to keep crypto (numbers probably inflated by foreigners) shows they know it's unhealthy |
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Date: January 17th, 2018 9:56 PM Author: Sexy navy elastic band Why would anyone even react at this point (http://www.autoadmit.com/thread.php?thread_id=3863287&forum_id=7#35180246) |
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Date: January 17th, 2018 10:02 PM Author: Carnelian regret guess this has been in progress and known already... (http://www.autoadmit.com/thread.php?thread_id=3863287&forum_id=7#35180282) |
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Date: January 17th, 2018 10:05 PM Author: Sexy navy elastic band My point is the government loses credibility when they just keep coming out every three days with claims they "may ban everything."
Even if they did "ban" it, not sure how it would be enforced. |
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Date: January 17th, 2018 9:58 PM Author: Cheese-eating Set Sweet Tailpipe They'll be voted out for a MAGA approved hard line puppet er president soon (http://www.autoadmit.com/thread.php?thread_id=3863287&forum_id=7#35180258) |
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Date: January 17th, 2018 10:04 PM Author: Zippy Claret Dog Poop so they'll all just sign up for binance instead? (http://www.autoadmit.com/thread.php?thread_id=3863287&forum_id=7#35180299) |
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Date: January 17th, 2018 10:04 PM Author: Histrionic hairless resort We've heard this story enough, no one believes it anymore ..ICX shrugs indifferently (http://www.autoadmit.com/thread.php?thread_id=3863287&forum_id=7#35180302) |
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Date: January 17th, 2018 10:25 PM Author: Fuchsia turdskin useless brakes (http://www.autoadmit.com/thread.php?thread_id=3863287&forum_id=7#35180483) |
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Date: January 17th, 2018 10:06 PM Author: Ivory corner That is one of the dumbest “articles” I have ever seen. It’s two paragraphs of a narrative that is so fuckin played out at this point. Literally tho - this has been said 4 different ways by 4 different “news” organizations. The truth, which is rarely emphasized, yet alone even mentioned, is the s. Korean legislative and executive branches’ staunch support of crypto currency trading and legal, compliant exchanges that generate enormous tax revenue.
I can’t decide if it’s clickbait ratings material or if it’s a purely financial motif by the mass media conglomerates that run these stories to crash crypto so they can buy low. |
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Date: January 17th, 2018 10:07 PM Author: Carnelian regret Dunno if Reuters operates like normal media
this is an update on meetings that took place |
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Date: January 17th, 2018 10:16 PM Author: Ivory corner You may be right but here’s the main point. Increased regulation is coming for all crypto from all governments. If Korea bans exchanges or Foreign investment, which I don’t think will happen, then they’re fucking themselves as a new kucoin clone will open up in Cayman or wherever to scoop up all the trade volume and tax revenue in the billions would be lost. (http://www.autoadmit.com/thread.php?thread_id=3863287&forum_id=7#35180396) |
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Date: January 17th, 2018 10:18 PM Author: Carnelian regret cr but if they back off they will be seen as having allowed/abetted the wrenching stories of "gambling" losses that will follow tbh i know nothing of their politics but what you say should be the dominant thinking |
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Date: January 17th, 2018 10:07 PM Author: Zippy Claret Dog Poop my money's on the latter (http://www.autoadmit.com/thread.php?thread_id=3863287&forum_id=7#35180330) |
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Date: January 17th, 2018 10:18 PM Author: Histrionic hairless resort (http://www.autoadmit.com/thread.php?thread_id=3863287&forum_id=7#35180418) |
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Date: January 17th, 2018 10:25 PM Author: red french home dysfunction This news has been priced in since last night. China and south Korea can ban bit coin as many times as they want. Until another major player makes this empty threat it's meaningless. May as well ban marijuana (http://www.autoadmit.com/thread.php?thread_id=3863287&forum_id=7#35180485) |
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Date: January 17th, 2018 11:27 PM Author: Vivacious office This is old news.
It was reported days ago that SK is considering banning all exchanges. There is an internal rift within the government on whether this stuff should be banned or not. They explicitly said that they will conduct further talks and then decide.
So banning remains a possibility. There are some who claim fake news on the basis of twitter “insiders” talking out of their ass, but that’s just an example of wanting to cling to wishful thinking. |