Old hands in South Korea bitcoin market unfazed by threats of ban

Old hands in South Korea bitcoin market unfazed by threats of ban

6 years ago
Anonymous $v9r5mEH86V

https://www.cnbc.com/2018/01/18/old-hands-in-south-korea-bitcoin-market-unfazed-by-threats-of-ban.html

Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent.

Although the cryptocurrency market lost about $200 billion this week, or a third of its value, these investors - known within the community as "hodlers" after a misspelled meme that went viral during Bitcoin's early days - are used to rollercoaster rides.

Old hands in South Korea bitcoin market unfazed by threats of ban

Jan 18, 2018, 5:17am UTC
https://www.cnbc.com/2018/01/18/old-hands-in-south-korea-bitcoin-market-unfazed-by-threats-of-ban.html >Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent. >Although the cryptocurrency market lost about $200 billion this week, or a third of its value, these investors - known within the community as "hodlers" after a misspelled meme that went viral during Bitcoin's early days - are used to rollercoaster rides.