Crypto Sad/Crash Hour - Korea Exchange Raids? - January 10th Edition

in cryptocurrency •  7 years ago 

The 2nd largest cryptocurrency exchange by volume in the world. Bithumb, just had it's office raided by the police. Coinone, the 10th largest exchange by volume, also had their office raided. Does it matter at all? Let's talk about the day's action in the crypto world. Grab a beer whiskey, water or coffee and let's chill and have a good time talking crypto. Let's recap the day's action and answer your questions about the crypto world.

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Just like in most governments, it will take forever for them to implement any type of regulation. No way they will get a full ban in this type of government. There are just imposing regulation to show they are doing something given the volumes of transaction there. Same thing happened in China and after a while the market recovered just fine.

Nice bitcoin your post.

Crash? It is a good time to get into the market :) sale was started :)

Kripto ?

The whole situation with Korea and exchanges is somewhat confusing in a lot of sense to me. I guess they're trying to protect their citizens in some weird way.

just another bump on the road of the long highway of success

bithumb has been under constant investigation for the last 2 years as the government think what they do is gambling. Obviously the stock markets ok though