Bitstamp Sold to Nexon?

[kiwixrp]

Nexon apparently have/are acquiring Bitstamp ..

 

https://www.newsbtc.com/2018/04/25/south-korean-gaming-giant-nexon-reported-acquired-bitstamp/

 

 

Edited April 25, 2018 by tomxcs

[Zedy44]

Wow.

[cmbartley]

Now this is curious...

[Benchmark]

Because gaming and crypto are so intertwined? 

Or is it just another acquisition because Nexon has too much money lying around.

[mrongey]

Pulled what I had on there off just in case something shady goes down. Now watch them pay out a dividend or something like that. ?

[PG1]

9 minutes ago, Benchmark said:

Because gaming and crypto are so intertwined? 

Or is it just another acquisition because Nexon has too much money lying around.

Many games use virtual currencies & in-game marketplaces, pay-to-play, tournament play etc. plus potential for micro-transactions or pay developers.

I would say there are many ways to fit crypto into the model.

[Hodlezerper]

14 minutes ago, PG1 said:

Many games use virtual currencies & in-game marketplaces, pay-to-play, tournament play etc. plus potential for micro-transactions or pay developers.

I would say there are many ways to fit crypto into the model.

.....interesting....

 

[Tripple]

Can I now declare any earning as 'gambling winnings' and pay no tax? It's all a game, after all... 

[Guest]

Fake news?

https://cryptocoinspy.com/fake-crypto-news-nexon-does-not-have-anything-to-do-with-a-bitstamp-acquisition-nexon-korea-ceo/

Edited April 25, 2018 by Guest

[Rose]

btw, you still have to pay taxes with gambling winnings, ( like when you won some money at the slot machines)

[Mercury]

https://www.ccn.com/bitstamp-to-be-sold-to-south-korean-gaming-firm-for-350-million-report/
 

Quote

 

Cryptocurrency exchange Bitstamp will reportedly be acquired by a South Korean gaming company.

Citing three sources familiar with the matter, Business Insider reports that Bitstamp — the world’s oldest surviving Bitcoin exchange — is close to finalizing a sale to Nexon, a South Korean gaming company that is now headquartered in Japan.

 

Nexon is rumored to be paying $350 million or $50 million less than Circle paid for Poloniex. Nexon’s recently purchased a controlling stake in South Korean cryptocurrency exchange Korbit.

Bitstmap is one of the earliest backers in XRP.

This might also affect USD investments

[flanman]

Perhaps South Korea's love of XRP spurred Nexon's interest in Bitstamp

[Tripple]

4 hours ago, Rose said:

btw, you still have to pay taxes with gambling winnings, ( like when you won some money at the slot machines)

Not where I live. 

[XRPgoat]

I love Bitstamp. If this is true, I'm okay as long as it doesn't effect the Bitstamp that I've grown to love...great customer service and I trust them.

 

[TheXRPer]

On 4/25/2018 at 6:55 PM, XRPgoat said:

great customer service and I trust them.

 

You're kidding, right?