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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moon will not be enough.
mars maybe?
Maybe some planet we dont know of yet ;)
That's what I like to think as well ;)
Do you know if North Koreans use bitcoin? Or are they not allowed to use internet connected to the outside world...
Doubt it but i dont know for sure
Bitcoin is still undervalued. $3000 is the most reasonable price I think in this time.
Yeah 2-5k range is for this year pretty sure. 2k we can say is already there just markets need to catch up
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.
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?
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
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.
I have neither. Damn, why cannot things be easier? :D
Same situation as when Indian exchanges were $200 higher than others. :D We'll just have to wait and watch.
Bitcoin is due a correction imo
Watching the discussions on Poloniex chatroom, it looks like most are thinking this is a temporary backtrack - and not unexpected - for the alts.
HAIL A KING?
I wonder why Europe is lagging so much. Probably Central and South America is also contirubting to this growth (Venezuela, Argentina).
So if we are in Europe we can't buy on these exchanges?
Good blog
Good..