🔥 BREAKING NEWS! Markets crashing because South-Korea has also banned ICO's! 🔥

in #cryptocurrency7 years ago (edited)

I just came across this news which explains why the markets are crashing: South-Korea has apparently banned ICO's!



This is reported by CNBC. Not much else information is known, but you can read the very short article on CNBC by following the link below. This is bad news, again, for the markets. But let's hope it's not as big of an impact as China had!

Read the news about South-Korea banning ICO's on CNBC here

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Thanks for the share. I'm pretty sure the reaction, if the price decline is enough, will turn this into FUD.
In the meantime, I was waiting for another opportunity to add some more litecoin. =)

I just bought back into OMG for cheaper than I sold :D
For visionaries, these are excellent buy opportunities !

You know, when I listen to podcasts and videos about how some of the "blue chip" cryptos (top 50) are beginning to implement the particular innovation they are about, I realize that we haven't begun to see anything yet- I think all we've been seeing is movement within the narrow market cap of "potential." Once people not yet into cryptos begin to read about what is happening with all these companies, it's just going to turn up the pressure on the firehose. I think after a time, we won't care if we got into OMG at $7 or $13. =)

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I would like to see what their reasoning is. I wonder if there is any Chinese influencing involved. Thanks for the post.

All this FUD price manipulation is getting ridiculous!

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Thanks for sharing. do you know where they have that information from? Cause, you know, it CNBC.. there was some misleading information lately..

It seems that only ICO's originating in Korea itself are banned.

ah. see, they just mess around with proper information. it was the same with china and created big FUD. ach.. this will probably become even a bit worse over the next months with other countries banning ICO, wondering when the central bank of europe tries to illegalize it. crocodile teeth on crypto, up n down :)

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