Quote from: thebanker28 on January 16, 2018, 11:29:26 AM

Quote from: niisarearning on January 16, 2018, 11:26:16 AM

Do anybody knows the reason why this big marketcap crashed even after south korean issue almost resolved then also market moving towards 5 billion from 8 billion . Is there any particular reason??

The S. Korea Finance Minister made some comments on a radio show about banning bitcoin trading. He later doubled down his remarks with something even more harsh and I think that moved the market. I was reading somewhere that even if he is to try and get this through as legislation, he would need a majority of votes from the parliment, and at best it would take years, and probably never - so its probably just more unnecessary FUD.

I hope even same i have done lots of enough research overall it says government has to look some more consultation and research about crypto currency as major people voted against the ban or regulation . They wanted to use real Name in exchanges in south korea . May be some KYC process will happen in south korea . Its Just the Fud it seems.