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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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4883793 No.4883793 [Reply] [Original]

HOLY FUCK THEY ARE PULLING A CHINA GET THE FUCK OUT NOW

>> No.4883811

>china pulls a china
>btc goes up

>Kors pull a china
>all of a sudden its time to panic

>> No.4883821

https://cointelegraph.com/news/south-korea-preparing-full-crypto-exchange-ban-local-press

South Korea is reportedly “considering” a ban on cryptocurrency exchange as lawmakers criticize it as “deceptive.”

As local news outlet Hankyung reports today, the government is currently looking at changes to the law which would effectively criminalize exchanges in a method similar to China.

“We are actively considering ways to prohibit transactions on domestic exchanges by judging virtual currency trading as a deceptive means of defrauding people [...] under the penal code," the publication quotes an official as saying.

This, the official continued, requires “serious reviewing and regulation of virtual money traders.”

The latest announcements capitalize on a slew of negative regulatory steps against Bitcoin from Korea in recent weeks.

A full ban on ICOs kicked off a clampdown which will now also see Bitcoin futures outlawed, while cryptocurrency will be subject to income tax and income transfer tax in future, authorities have suggested.

Previous information stated the government’s position on exchanges as requiring citizens on have only one account linked to their real identity.

A sign of the confused approach taken to the booming cryptocurrency phenomenon, this week Korea’s Financial Services Commission also announced plans to lift the ICO ban.

>> No.4883829
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>>4883811
are you retarded nigger last time this happened we crashed 5k -> 3k

>> No.4883847
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>> No.4883927
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>> No.4883954
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>> No.4884263
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>> No.4884286
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>> No.4884322
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>> No.4884359

>>4884322
You know we can see you samefagging

>> No.4884366
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>>4884359
you know I dont give a fuck?

>> No.4884384

>>4883821
How do they ban crypto exactly?

>> No.4884417

>>4884384
shut down the exchanges, like china did

>> No.4884436

BUY ETH THE FLIPPENING IS UPON US

>> No.4884454
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4884454

AAAAAAAA FUUUUCKKK SELL SELL IT ALL

>> No.4884479
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>>4883829
That would be glorious. So long as the morning wood bumps 17 first so I can pull my earnings.

>> No.4884584

>>4884417
all china did was shutting down fiat trading pairs, not exchanges..

>> No.4884601

>>4883793
https://discord.gg/ZsBYVzm
Pump alts NOW before BTC spikes again!

>> No.4884609

>>4883793
LOL post article with T/D stamp fudjeeet !!!!

Montday 12.11.17 will be rememebered for ages. The chinks are NOT giving up.

Trillion dollar marketcap by Tuesday, this is the fight for USD/BTC, scriincap pajeet.

>> No.4884618

>>4883793

>making something harder to get when people still want it will make the price fall

>> No.4884630

YES SELL LOW, CLASSIC BIZ

>> No.4884643
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>>4884609
https://api.cointelegraph.com/amp/v1/news/south-korea-preparing-full-crypto-exchange-ban-local-press

ITS REAL

>> No.4884669

Koreans are masters of deception and manipulation. They're the true jewel of asia. They know exactly what they're doing with this.

>> No.4884674

>>4884630
BUY HIGH

SELL LOW

>> No.4884685

>>4884643
pls sell I'll just buy more

>> No.4884722

>>4884685
YOU DUMB FUCK NEWFAG NORMIE IT WAS 5000 DOLLAR LESS THAN 2 WEEKS AGO

>> No.4884766
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>>4884643
enjoy the tits and listen to.... cointelegraph***
the number 1 trusted source in news, click on the south chink original, gtranslate... wtf, fake news, fud, chad scare.

In reality, eat shit and die fudjeet

>> No.4884779

>>4883793
So have we all decided to forget that Binance and Kucoin still exist well after China "banned" this stuff?

>> No.4884798

>>4884766
http://news.hankyung.com/article/2017120847521

not fake news? it says in the article the same as the cointelegraph

>>4884779
do you forget what happened to the btc price in the process of banning? crash crash crash

>> No.4884831

>>4884798
so is this fake news or not.

>> No.4884834
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>>4884798
hankyung.com ***** as trusted as al franken's sexual assaults.


enjoy the tits, ignore the fudjeet

>> No.4884841

>>4884798
Not at all, m8. I made big ass gains off that tasty dip. I'd like to do that again. I'm just pointing out that pretty much every news article about China banning crypto is literally fake news when you read what journalists actually say happened.

>> No.4884853

>>4884834
it was on tv today in korea, they dumped it.

>> No.4884875

>>4883829
Yea but that is literally all it is, Chinese people now buy through Hong Kong or through Local Bitcoin. Bitcoin / crypto is not dead. It just goes underground.

>> No.4884898

>>4884875
kek I know but if you are smart you will sell now and buy at peak fud and have 2x the btc

>> No.4884921
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>>4884853
Still ignoring the fact that the japs will LOVE the new JPY/BTC market