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RE: Why is there no arbitrage in Korea (BTC price Korea: 21500 USD, Everywhere else: 14500)

in #bitcoin7 years ago

@mexbit, I guess It happened this kind of gap exists in other markets too, but the South Korean situation is atypical because it’s by no means a small or immature market. In other words, it’s possible that it’s the very nature of Bitcoin . its ability to circumvent legal restrictions .  that is causing it to be so expensive in Korea.Thanks to the information. Resteemed your post.

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Korea must be some kind of Cyprus I guess.... Thanks for resteeming!