The effect of KRW on -- STEEM -- ??

[omar-hesham]

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- It is known to whom those interesting in the crypto world that the Korean market is playing a good part of the invested capital in the crypto world.

In our case, we are interested in knowing the percentage that the Korean market affects the game.
And in our interest also the big exchanges that pump this capital and the opportunity to join this exchanges to some trading

-- We will start with the bitcoin markets and the part every exchange present in form of investment percentage.

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So the international and USA market presented with Bittfinex -- 8.07% -- and our case of discussing the Korean market presented throw Upbit -- 3.12% --

So the conclusion of this is that the Korean market is a big player in bitcoin market but it is not particularly focused on bitcoin.

But if we presented the Steem and SBD markets shares we will see a different thing.

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As you see the Korean market is the dominance, in our case it means that it controls the market entirely.
so we need more international Recognition, so we do not be in a monopoly game.

And this is just the facts I collected from coinmarketcap.com. and mixed with my perspective on the matter.

So it is not a professional financial advice, always do your own investigation on the investment you going to make and do not spend More than you can lose.

Thanks to you all.
And have a nice day.

⇝ Some of my posts: ↯↯

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⇝I started my Steemit-Arabia page Advertising on FaceBook Ads.??

⇝WhaleCoin-- Can it be the alternative for --Ethereum --to the Miners.??

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⇝I made a facebook page and i called it SteemitArabia!!

⇝Web programming contest---40 Steem--web based user interface contest.

⇝All you want to know about Steemit !!!

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⇝The Hidden Secrets of Steemit--

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Comments

[reko]

yeh the Koreans are 1 step ahead, they understand that Graphene blockchains is the place to be now.... seems like they are really into EOS as well!^^

[lexiconical]

I'd file this under "concerning", as it has been for the last couple months, given their tendency to pump and dump...

[omar-hesham]

yes, this is what I am afraid of.

[omar-hesham]

thanks for the EOS info it is very useful.

[mcfarhat]

Indeed insightful info yet concerning at the same time.. Thank you
I do hope STEEM gets the proper recognition it SHOULD have sooner or later. Being monopolized by KRW is not the best approach, even in light of those soothing comments and activities that took place recently.

[omar-hesham]

Indeed my friend that is the reason that made me post about this problem that needs a fix.

[three14159]

It's really interesting to see how Korea is able to influence the value of Steem. Thank you for posting this cause I have learnt something new today.

[omar-hesham]

you are welcome.

[ahmedhani]

hopefully more investors will join steemit to make it more balanced

[omar-hesham]

I really hope so.

[hotpacks]

Upvoted ☝ Have a great day!

[vander]

Interesting, bye bye dollar dominance! Can you imagine Steem being less volatile the the USD? I know I can!