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RE: SOUTH KOREAN GOV. BANS CRYPTOCURRENCY TRADING? The Reason For the Big Price Drop In Crypto.
On what basis are they planning to ban cryptocurrency trading, its an industry now there are many company dependent on this, so I don't understand how this can be classified as gambling, its more similar to a stock market.
technically all trading is a form of gambling is it not? they will always invent reasons to eliminate what they don't want to thrive.
Yes, it is related to it but not exactly gambling so if they are shutting the exchanges down they should shut the stock market down as well because in this you don't just depend on luck but technical analysis is also used to predict the outcome of the chart then you can invest in it, its on the investor whether he/she wants to risk their money based on their calculations or not.
I agree, that technically the stock markets are also a form of gambling and they should, if being honest, shut down the stock exchanges too - but that is my point here really, they aren't being honest and they rarely are!
Yes, I bet its one of those price manipulating stunts that they are pulling so they can get the governments share into bitcoin especially since the announcement of the Petro from Venezuela .