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What a read which has already garnished my early morning steeming 😎. I knew all along something is amiss here. South Korea is one of the most open Asian countries and if Banning crypto couldn't work in China, then it will never work in a country where most of the youths are very active in crypto and where power seems to belong to the community if people who drive crypto business. Great insights as always from one of my best blogger in steemit. Keep it coming sir. 💪

🙏

KIM JUNG UN invented the hamburger 😎

💪👌👏 you truly rock @rok-sivante

This is an amazing article to help to understand the current crypto market situation in Korea!

We shouldnt get bull shit from the controvertial and un-proved news on the internet.

One thing we have to do is a long-term holding until the market is recovered from the turbulance

Thanks for the good and critical article
And I give you the full upvote!

You deserve!

🙏

This is all just FUD. CNBC published an article last night that South Korea will be banning cryptocurrency trading, however, this is not true in the slightest. They are imposing regulations and this already came to light on December 13th 2017. The dip in the market has been people panic selling off of this fake news. South Korea is not planning on banning cryptocurrency trading, and the market is going to rise! Scoop up all these coins at a discount while you can. The cryptocurrency market-cap is GOING TO FLY IN 2018. This is a great opportunity to buy, these coins are on sale!

Yep. :-)

Excellent publication friend greetings you have my vote, I invite you to go through my blog maybe something you like and help me with your vote.

Quite informating and enlightening. I have learned one or two things as a newbie here. Thanks for sharing. I will like to follow you to get updated. Thanks again!

FUD means sales day. Big discount means huge gain.

We hv similar situation cropping up in india too...on one side govt is not regulating crypto currency whereas on the othr side there r rumours that govt is planning own crypto currency "laksmi".
Not sure wat they upto, however people were excitefully doing investment into crypto ....😉

Seems like a bunch of people getting worked up over nothing, which is -precisely- how I felt right before the China ban in 2014. At least I don’t have an 80 btc and 600 ltc margin position this go round. : )

I’m holding some fiat back justttttt in case though. Would be nice to be on the right side of history this time.

I was looking at your blog ,,, it turns out a lot of good posts, I like. Do not forget to enter my blog friends yes, and do not forget to upvote as well

Thanks.

Suggestion: you’d probably do better here by NOT selfishly attempting to direct people what to do and not do...

The Beggar Parade Hits Steemit: Calling Bullshit On Impersonal Commenting Facades…

A Priceless Tip For Steemit Newbies Seeking Followers & Upvotes... (The #1 Thing To Do And NOT Do)

yes yes ,,, I understand, but I just ask for help upvote only ,,, if emang can not ya no what what ,,, I just try, my business do in steemit is yes ask for people who have been worth while on upvote ,,, that's it ,.

yes, well now you know where I stand on the matter of begging for votes - and it's a stance I'm certain many share, very tired of people begging for handouts rather than engaging in meaningful conversations and drawing attention back to themselves through the quality of content provided.

hey , thanks for the info i was really in the dark about korea but i think m i can now see the light

it's hell every coin is going down even steem :( pretty bad start for 2018 i hope it's get better

Ha.

You would benefit from zooming out for a broader perspective, my friend.

Yes, it kinda stings that my portfolio is down 20% from a few days ago. So what. Should I let that overshadow the fact that it’s UP 300-400% from a couple months ago, or that it’s still up 30% from two weeks ago...?

If you really think markets should be rising 100% of the time and don’t go through corrections, retracements, and consolidations, you have much to learn, and skill to develop in getting your emotions out of the picture so you can see the larger cycles underway...

Yeap! I was hugely convinced that this was true because of the widespread news about it in all of the media here in Portugal, even my dad called me to warn me about it.

Of course I went to check myself later that it was FUD.

I read another news today that there is no ban now after the recent news of the ban driving the price down. Time to pick some up maybe

It has been always like that bro

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I liked that

STOP SPAMMING this exact same comment across multiple posts.

copy-and-pasting comments offering zero constructive input into the dialogue at hand, yet begging for attention = SPAM.

I'll be checking back to make sure you've got this message and have course-corrected your strategy. If I see you're still spamming the same comment, you WILL be flagged.

In a post-Trump world, when I see a term like "fake news", I admit that I automatically recoil. I don't believe that reputable "mainstream" news outlets consciously or purposely spread false information. Certainly less than their competitors.

Yet, after reading this, I think you have a point here. I am very familiar with mainstream media often getting a lot of science wrong. Why is this? Well, most reporters aren't well-versed in science. If you want to find good information about science, you're more likely to get good information from a science writer.

I am brand new to the cryptocurrency scene, and it is not hard at all for me to see an average reporter being in a similar position when it comes to this topic. Much like with in-depth science, I can see how plenty of non-crypto writers are going to get things wrong - not from any intention to spread lies, but more just as mistakes made in ignorance.

So, I can totally see your point that mainstream media may not be the best source of accurate information about certain topics. (Of course, that does raise the difficult and controversial question: then what source DO we trust? And I imagine that answer changes depending on the topic.)

whether it's the case that reporters are deliberately distorting facts to sensationalize and fabricate stories for dramatic effect, or it's just that they're rather ignorant and incompetent and have very low standards for accurate journalism... who knows.

I am curious as to how projects like Civil will succeed in their missions to raise journalistic standards. really cool concept and model they're working on - would be awesome to see it succeed and set new standards for the industry...

I'll check out that link. It's a prickly situation. While there's no doubt that the profit motive, and therefore the need to seek attention, is a large motivating factor in any kind of news one reads or views these days, the same will be true the more and more fractured those news sources and perspectives become. I think one of the biggest dangers to civil society is this fundamental fracture of perspective. For people to have fruitful discussions, there must be some kind of agreement on basic facts and values.

It makes me think of the printing press, and the Protestant Reformation. Lots of shattered perspective resulted, and it led to some really nasty battles and wars. Granted, I think ​the technology eventually led to progress and social benefit; but only after one helluva speed bump.

  ·  7 years ago (edited)

I just hope it is fake news, most of these mainstream media try to attack the Crypto world most times. CNBC ought to verify news before posting. If it turns out to be just rumours, the market will bounce back within a short time.

I really like this sentence,

Don't take every headline at face value.
If we take every news that way, we will be nowhere.

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