South Korea Ban on BitCoin affects current market value

in #bitcoin7 years ago

images (6).jpeg
Bitcoin looses value by a low $1000
The biggest BitCoin markets in the world, South Korea which said it was preparing a ban on opening anonymous cryptocurrency accounts and new legislation to enable regulators to close coin exchanges if they felt there was a need to do so.

This has lead to volatility of Bitcoin suddenly, it dropped to around $13,500 after trading at about $15,400 on Wednesday.

For more info

Sort:  

Probably will be as effective as China's attempts to regulate. Everyone will just move accounts somewhere else.

The movement has already begun, there's a sudden explosion of Ripple, and Ethereum just drops a little. I've never owned ripple but I would suggest looking at it

I see trouble, the Bitcoin war continues... Fork unlimited continues

Bitcoin though I feel something is coming

It has begun, the SEG2X (seg 16X) has begun, the bitcoin may make it or break

The @OriginalWorks bot has determined this post by @doctorvee to be original material and upvoted it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

It should pick up again I guess

Yes, when everything is rightly done by The BTC consensus

Let's see how it turns out

It may be Ugly, Ripple Just Exploded and became number 2 in the market

Cryto war begins.... I like that. Thanks for sharing

You're welcome

With the current charges accrued to bitcoin, I believe it's still gonna drop next year

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 74993.05
ETH 2818.21
USDT 1.00
SBD 2.50