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RE: SOUTH KOREAN GOV. BANS CRYPTOCURRENCY TRADING? The Reason For the Big Price Drop In Crypto.
Tragic to see governments worldwide show their true colors when faced with Bitcoin and the possibility for revolution it poses.
Same thing happened to the markets when the topic was hot in China last year, and we'll continue to see fluctuations as the established powers try to resist and retain economical control over the masses.
It's up to us as users of Cryptocurrencies and Steemit to raise our voices and expose these shady dealings.
We'll steem on!
Yes, I agree, that this appears similar to the case with China. Often such 'leaks' occur to measure the reaction of the population and may or may not bare any relation to actually intended policy!
Very true! I also believe many government officials and big media executives/shareholders around the world have high stakes in Crypto - it wouldn't surprise me that some of those news and outrages we hear about Crypto on a daily basis are just ways to manipulate the markets.