Bitcoin At 2000 USD In Korea, China On Lowest Prices

in bitcoin •  8 years ago 

Bitcoin went into ATH again. Most USA exchanges are at 1700-1800 USD range.

Remember when BTC was 800 and trading in India for 1000USD?

This time Korea is driving the demand - 2000 passed there.

Bitcoin Markets Volume


Notice that main volume is now between Altcoins and BTC not FIAT and Poloniex is the main volume driver on those.

Cheapest Bitcoin


Due to China withdrawal issues BTC in China is currently the cheapest.

Asia is driving BTC again just countries rotate between China, Japan and Korea.

USA and EU far far away.

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8 years ago by

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    • [-]
      ·  8 years ago 

    moon will not be enough.
    mars maybe?

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    4 votes
    [-]
      ·  8 years ago 

    Maybe some planet we dont know of yet ;)

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    4 votes
    [-]
      ·  8 years ago 

    That's what I like to think as well ;)

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      [-]
        ·  8 years ago (edited)

      Do you know if North Koreans use bitcoin? Or are they not allowed to use internet connected to the outside world...

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        1 vote
        [-]
          ·  8 years ago 

        Doubt it but i dont know for sure

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          [-]
            ·  8 years ago 

          Bitcoin is still undervalued. $3000 is the most reasonable price I think in this time.

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            2 votes
            [-]
              ·  8 years ago 

            Yeah 2-5k range is for this year pretty sure. 2k we can say is already there just markets need to catch up

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              1 vote
              [-]
                ·  8 years ago 

              if Bitcoin's scaling problem is fixed & PBOC resumes BTC withdrawals then it's 100% sure that Bitcoin will be stable at $3K level in this december.

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                [-]
                  ·  8 years ago 

                HAIL A KING?

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                  [-]
                    ·  8 years ago 

                  Bitcoin is due a correction imo

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                    [-]
                      ·  8 years ago 

                    Watching the discussions on Poloniex chatroom, it looks like most are thinking this is a temporary backtrack - and not unexpected - for the alts.

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                      [-]
                        ·  8 years ago 

                      How complicated would it be to sell my Bitcoins in the Korean market, buy some more in the US market and repeat the process till I am rich?

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                        [-]
                          ·  8 years ago (edited)

                        Not sure of restrictions there to ie withdrawal of fiat (maybe to korean banks only?). But we have strong KR community on Steem so maybe they can answer.

                        Also keep in mind its BTC->KRW->USD

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                          2 votes
                          [-]
                            ·  8 years ago (edited)

                          Wont work unless ideally you have a local bank a/c or you are a Korean national afaik. Since you are withdrawing into local currency.

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                            1 vote
                            [-]
                              ·  8 years ago 

                            I have neither. Damn, why cannot things be easier? :D

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                              [-]
                                ·  8 years ago 

                              Same situation as when Indian exchanges were $200 higher than others. :D We'll just have to wait and watch.

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                                [-]
                                  ·  8 years ago (edited)

                                I wonder why Europe is lagging so much. Probably Central and South America is also contirubting to this growth (Venezuela, Argentina).

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                                  [-]
                                    ·  8 years ago 

                                  So if we are in Europe we can't buy on these exchanges?

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                                    [-]
                                      ·  8 years ago 

                                    Good blog

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                                      [-]
                                        ·  8 years ago 

                                      Good..

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