KOSDAQ ant to have focused on virtual money… while bitcoin devotees sell their bitcoin
Kim Dong Wook | east@ | 2017-12-26 11:00:00
The virtual money market has been steadily rising at the end of the year, as it is ridiculing the financial authorities, which have been regarded as` irrational overheating `and`
In some cases, it is estimated that the KOSDAQ market is rapidly shifting to a virtual money market.
According to the Korea Exchange on December 25, private investors in the KOSDAQ traded KRW 2,125.5 billion from October 10 to December 22.
In the case of the securities market, KOSDAQ market capital outflow is attributed to the strengthening of the transfer of major shareholders and the boom in the virtual currency market.
At the end of each year, the KOSDAQ is expected to start selling its products in order to avoid the taxation of transfer taxes. According to the revised tax law announced in August this year, the current 20% of the capital gains tax will be raised to 25% once it exceeds KRW 300 million.
In the financial sector, some funds are expected to flow into the virtual currency market to avoid transfer tax levies.
According to Bitsumer, 25-bit coin prices, which had remained at 20 million won for a while, plummeted by 20% during the Christmas weekend and then rose to the "roller-coaster" market.
Meanwhile, bitcoin dropped from 10:10 am on the 22nd to 11:20 pm and dropped to KRW 1,605,000. It fell 23.0 percent in 16 hours compared to 20.85 million won at 7:30 am on the 22nd.
Other virtual currencies (passwords) also plummeted. On the same day, Indium was up 29.4% and Bitcoin Cache fell 41.2%.
Foreign investors stated that Charlie Lee, who created Light Coin, one of the virtual currencies, sold virtual money that he had recently and that virtual money was weak. It was also reported that hedge fund manager Michael Nobel Graz, who is a bitcoin accusator, sold the bit coin he owned, which was sent to the market, which led to a decline. Novograt is the person who predicted that bit coin prices will soar to $ 40,000 by the end of next year.
Many investors have begun cashing ahead of the holiday season, and the bankruptcy of the domestic virtual money market, Yubit, has also plummeted.
However, the bitcoin price was different on the 23rd, the next day. It began to rebound from midnight on the previous day and rose to KRW 19.49 million at 1 pm on the 23rd. It is 21.5 % again in 10 hours. After falling again in the afternoon, it recovered to 1957 ten thousand won at 7:40 am on the 25th and dropped again.
An expert from the financial sector said, "Virtual currencies seem to have plummeted as gains have been realized around Christmas as long as they are peaking in a short period of time," he said. "The rumor that the funds from the KOSDAQ are flowing into the virtual currency market is declining."
By Kim Dong Wook east@
[ copyright ⓒ The Digitaltimes ]
In some cases, it is estimated that the KOSDAQ market is rapidly shifting to a virtual money market.
According to the Korea Exchange on December 25, private investors in the KOSDAQ traded KRW 2,125.5 billion from October 10 to December 22.
In the case of the securities market, KOSDAQ market capital outflow is attributed to the strengthening of the transfer of major shareholders and the boom in the virtual currency market.
At the end of each year, the KOSDAQ is expected to start selling its products in order to avoid the taxation of transfer taxes. According to the revised tax law announced in August this year, the current 20% of the capital gains tax will be raised to 25% once it exceeds KRW 300 million.
In the financial sector, some funds are expected to flow into the virtual currency market to avoid transfer tax levies.
According to Bitsumer, 25-bit coin prices, which had remained at 20 million won for a while, plummeted by 20% during the Christmas weekend and then rose to the "roller-coaster" market.
Meanwhile, bitcoin dropped from 10:10 am on the 22nd to 11:20 pm and dropped to KRW 1,605,000. It fell 23.0 percent in 16 hours compared to 20.85 million won at 7:30 am on the 22nd.
Other virtual currencies (passwords) also plummeted. On the same day, Indium was up 29.4% and Bitcoin Cache fell 41.2%.
Foreign investors stated that Charlie Lee, who created Light Coin, one of the virtual currencies, sold virtual money that he had recently and that virtual money was weak. It was also reported that hedge fund manager Michael Nobel Graz, who is a bitcoin accusator, sold the bit coin he owned, which was sent to the market, which led to a decline. Novograt is the person who predicted that bit coin prices will soar to $ 40,000 by the end of next year.
Many investors have begun cashing ahead of the holiday season, and the bankruptcy of the domestic virtual money market, Yubit, has also plummeted.
However, the bitcoin price was different on the 23rd, the next day. It began to rebound from midnight on the previous day and rose to KRW 19.49 million at 1 pm on the 23rd. It is 21.5 % again in 10 hours. After falling again in the afternoon, it recovered to 1957 ten thousand won at 7:40 am on the 25th and dropped again.
An expert from the financial sector said, "Virtual currencies seem to have plummeted as gains have been realized around Christmas as long as they are peaking in a short period of time," he said. "The rumor that the funds from the KOSDAQ are flowing into the virtual currency market is declining."
By Kim Dong Wook east@