Post
Topic
Board Speculation
Re: South Korea trading ban
by
stompix
on 12/01/2018, 09:36:16 UTC
If South Korea ban BTC trading, we will have the same effect as the "china will ban btc trading" : a big drop (panic selling + FUD) then a big raise of the price, because BTC price is not driven by south korea.

  keep hodling and forget your btc stash for a while Smiley

Perfect!!! Just perfect!!!
I'm so glad that people start to realize the obvious!!!

All that China fuss and all this SK non-sense should have no impact on the price.
Just look back at 2013 and understand that China never had users, never had usage never had business involving crypto , just trading on 0 fee fake numbers exchange and mining.
SK has just the trading.

Just as it was 4 years , 2 years and 1 week ago, SK means nothing!

Buy more btc in the dip obviously, not at the moment as the market just started to cash out, maybe bitcoin will fall to $8K or $9K at the best. South Korean exchanges always have the biggest trading volume even for bitcoin price as few days ago bitcoin reached over $22K while in most exchanges just listed it around $14K-15K.

And you're going to trust numbers from an exchange that is suddenly involved in  tax evasion fraud Huh
Bithumb is just Huobi 2.0