On some exchanges it is quite elevated compared to US exchanges yes. I would imagine the auction will be done in terms of local prices but perhaps they will use the global average? Good thoughts...
Yes the article mentioned possibly getting the coins lower than market prices, what market prices those are specifically is left for interpretation. :)
On some exchanges it is quite elevated compared to US exchanges yes. I would imagine the auction will be done in terms of local prices but perhaps they will use the global average? Good thoughts...
Yes, the Bitcoin price in South Korea is quite higher than elsewhere, so I don't think there would be any profit in going there.
Unless if it's cheaper than their markets prices
Yes the article mentioned possibly getting the coins lower than market prices, what market prices those are specifically is left for interpretation. :)
I guess it only works out good if you live in South Korea.