>"We want to protect people from the potential catastrophic loses that the cryptocurrency market may produce" >announces that the SK government will ban cryptocurrencies >*whole cryptocurrency market crashes* >people lose billions
Are SK politicians the most retarded people in the world?
>"We want to protect people from the potential catastrophic loses that the cryptocurrency market may produce" You niggas know when they say this they mean scamming exchanges that take peoples money and stop replying to customer support tickets.
Evan Walker
Hows them taxes on every single crypto to crypto trade working out for ya bruh And lets not pretend a wall st puppet is gonna let you neets make bank.. LMAO
Ayden Rodriguez
Daily reminder that you're fucking retarded and there is no basis for the "BANNING ALL EXCHANGES" fud the news is reporting. Regulations that will ONLY BAN EXCHANGES NOT COMPLYING WITH THE LAW will legitimise and mainstream crypto in Korea.
Easton Morgan
tree niggers are worst niggers
Luis Turner
yes, it's for your own "protection"
don't worry folks, big government is here to shut the free market down for your own "protection"
its just for our protection, guys! isn't it great that they are looking out for us?
Nathaniel Parker
Dumbass. Trump enabled capital gains tax. He didnt ban the crypto free market. USA is going to blossom under coins while pleb nations like SK,China,Russia you name it outright try to ban them.
GET FUCKED :D
Dominic Bailey
Imagine unironically believing this
Zachary Garcia
lol a guy in my gym has that on his shirt where is the gif from
Gavin Perry
koreans look like japs with down syndrome.
Christopher Miller
>protect people
You realize this means normies and the ruling class, right? They want to destroy the NEET coalition of the financially ascendant. Break free of their shackles. Trade on.
Gabriel Richardson
Nope, the panic sellers are the most retarded. S Korea only accounts for 5% of all btc trades. Etherum is the coin id sell out of I didn't already sell awaiting for its dip (before news). It is S korea #1 traded crypto
Josiah Perry
#Nukes4Gooks
Asher Baker
Imagine being you having no foresight into the foreseeable future. Top down governments are going to try out right ban crypto and go hard on their currencies while the USA will tax it.
Who wins? I wonder. haha
Hunter Hill
No one is losing billions . Everyone sold and is buying the Koreans bags for dirt cheap
Blake Johnson
First predator I believe. Maybe a mission impossible movie. Hard to tell from that scene
John Garcia
>WHY ARE THE GOOKS DOING THIS TO US? They wanted to crash ICX to fill their bags.
Carson Jenkins
OK LISTEN UP NIGGERS
GAMBLING IS ILLEGAL IN SOUTH KOREA BECAUSE KOREANS ARE GAMBLING ADDICTS
THIS IS NO JOKE, RESEARCH IT
CRYPTO IS THE ULTIMATE GAMBLING GAME. IT'S ONLY A MATTER OF TIME UNTIL WHEN THEY FULLY PROHIBIT IT
Kayden Sanders
WHERE THE FUCK IS UNIT 731 WHEN YOU NEED THEM?
Gabriel Jones
i mean their country was literally ruled by a shaman i dont know what youre expecting
Thomas Flores
Russia literally has a crypto ruble
Connor Walker
Predator, the original.
Evan Ortiz
CGT was already enabled, retards just liked to assume they would get a like 1031 through because they run on hopes and dreams and have no fucking concept of reality. None of these retards even knew how to apply for it, and there is no evidence of anyone pulling it off ever.
What the new law did is provide the clarification on what you should have reasonably expected, that there was no fucking way you were getting a free pass on the imaginary internet money the jew had been discouraging since day 1. But it was never even required, your thousands of applications would merely have been denied.
This. It's just this. Ask them why they don't ban lotteries or sports betting.
Caleb Watson
That project was scrapped.
Jaxson Price
>crypto literally designed to allow the exchange of capital outside government control What exactly does putting down a tax have to do with this?
Jackson Clark
Bitcoin is a legal currency in russia though??
China and SK are implementing framework for the actual adoption of crypto. Baby steps at a time. Meanwhile it seems the US has no plans to do anything except enforce taxation until something is figured out.
Carson Sullivan
Because right now any currency is close to fucking worthless to most people unless it can be exchanged for things inside government control, like valuable fiat
Nathan Rivera
> where is the gif from wtf
Kevin Morris
Because until the systems are built to use cryptos to buy a loaf of bread people will want to cash out some fiat and the government understandably wants a tax on these gains. You cant ban bitcoin as its decentralized, only the exchanges which Russia does firewall many websites.
Robert Barnes
Does nobody realize they’re going to make ICX King Korea?
Carson Young
>We want to protect people from losses by destroying their gains
Good one
Leo Carter
They can easily nationalize korean coins now due to this theft yes. Or even kill the project completely, you never know.
Andrew Martinez
People will eventually realize that the blockchain and decentralization can apply to anything, including the government
One day governments won't exist as mafia organizations as we know them today. I just hope they will go peacefully when this time comes.
Jacob Fisher
They coulda been a little smoother about it
Parker Hernandez
who the fuck cares if one country bans crypto, even though it's FUD
people sell on a whim, oh bad news, sell oh, good news, buy based on nothing
Carter Watson
Did you even see that shitshow of a cult presidency they just had? Korea has more mega churches than any other country on Earth. Fuck that whole square headed slant infested soyboy American military annex.
Connor Nguyen
Nuke em
Liam Wilson
You faggot don't realize shorting crypto is banned there. There are no option trading. So unless your are talking about Mr. Park and his bookie in some Lotte basement I don't think much will happen
They won't. I never expected to not have to fight, just didn't know itd happen this fast.
Hudson Phillips
>be 2013 >use china fud to crash bubble >be 2017 >use china fud again >didn't work >use korea fud >ITS SUPPER EFFECTIVE
Owen Adams
honestly these faggot gooks should have come out with much more public, much more clear announcements a long time ago. like how the fuck are they letting this level of FUD even exist regardless of what they want?
Aaron Ramirez
If fud this dumb can pop the bubble then there's no point in fighting it... the market is just looking for a reason to deflate at this point anyways. just don't be an idiot and hold those bags if you didn't get in a long long time ago. this is just the start too... wait for an exchange to go tits up or something.
Lucas Sanders
This
Carson Morales
they probably did but the media wants the crypto market to crash so they hyped it the fuck up.
Matthew Garcia
interesting that this comes out exactly two weeks before the launch of SK's biggest, well known crypto projects.