Korean market push BCH price up

[dennyd999]

Trading volumes of BCH very high on BCH/ KRW pair. Korea is pushing it up now.

According to Coinmarketcap the most volume are on korean exchanges. Bithumb,Koinone,Korbit.


Any adequate reasons for that?

I see only mining price.It is cheaper than bitcoin and if price will be the same as for now.more profitable.

But pure adoption ,no innovtions and strange nature of birth telling me that it is big pump/dump again.

Korean people are very addicted to gambling, do not fall in it too.

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[billyj111]

Trading volumes of BCH very high on BCH/ KRW pair. Korea is pushing it up now.

According to Coinmarketcap the most volume are on korean exchanges. Bithumb,Koinone,Korbit.


Any adequate reasons for that?

I see only mining price.It is cheaper than bitcoin and if price will be the same as for now.more profitable.

But pure adoption ,no innovtions and strange nature of birth telling me that it is big pump/dump again.

Korean people are very addicted to gambling, do not fall in it too.

Many say that bitcoin cash will cost more than bitcoin.True, I do not believe in this and think that this is speculative games

[AlexaSonda]

Yes you are right, maybe korean market that trigger bch pump. I see arround the exchanger rate bch up. We see until the price of how much bch will rise.

[ekin4]

How do you know it's Korean market that push the price up? There are too many actors in this business. If whales want to play with the coin there's nobody stop them. Bitcoin Cash was cheap so they collected, now they are dumping to newcomers.

[basinlotus]

I think that's because of the uncertainty of segwit and segwit2x.

Trading volumes of BCH very high on BCH/ KRW pair. Korea is pushing it up now.

According to Coinmarketcap the most volume are on korean exchanges. Bithumb,Koinone,Korbit.


Any adequate reasons for that?

I see only mining price.It is cheaper than bitcoin and if price will be the same as for now.more profitable.

But pure adoption ,no innovtions and strange nature of birth telling me that it is big pump/dump again.

Korean people are very addicted to gambling, do not fall in it too.

[carcassone]

or maybe it's just speculation. bch was really cheap in the market, and a good pump was behind the wall.
it was really easy buy each one for 0,06 btc! and even small fraction of bitcoin have a good value in bch.
about the future I am not sure it's just a betting game by korean people... maybe btc was the first "iphone" who knows?

[MiXxe]

Trading volumes of BCH very high on BCH/ KRW pair. Korea is pushing it up now.

According to Coinmarketcap the most volume are on korean exchanges. Bithumb,Koinone,Korbit.


Any adequate reasons for that?

I see only mining price.It is cheaper than bitcoin and if price will be the same as for now.more profitable.

But pure adoption ,no innovtions and strange nature of birth telling me that it is big pump/dump again.

Korean people are very addicted to gambling, do not fall in it too.

As always it was brought by the korean people to hype the traders,

or maybe it's just speculation. bch was really cheap in the market, and a good pump was behind the wall.
it was really easy buy each one for 0,06 btc! and even small fraction of bitcoin have a good value in bch.
about the future I am not sure it's just a betting game by korean people... maybe btc was the first "iphone" who knows?

i don't get it ,but obviously its future will not be the same as bitcoins it is good only to make some money in its pump and dump price.

[janedt]

Trading volumes of BCH very high on BCH/ KRW pair. Korea is pushing it up now.

According to Coinmarketcap the most volume are on korean exchanges. Bithumb,Koinone,Korbit.


Any adequate reasons for that?

I see only mining price.It is cheaper than bitcoin and if price will be the same as for now.more profitable.

But pure adoption ,no innovtions and strange nature of birth telling me that it is big pump/dump again.

Korean people are very addicted to gambling, do not fall in it too.

Yep, that's why i'm not into bitcoin cash but still it's pretty good though the bitcoin cash can increase that so big. On the other hand, the price of bitcoin going down today. In my opinion bitcoin cash will not stand for long on that high price, i think the price will dropped maybe for the next 2-3days.

[nogoodcoin]

Trading volumes of BCH very high on BCH/ KRW pair. Korea is pushing it up now.

According to Coinmarketcap the most volume are on korean exchanges. Bithumb,Koinone,Korbit.


Any adequate reasons for that?

I see only mining price.It is cheaper than bitcoin and if price will be the same as for now.more profitable.

But pure adoption ,no innovtions and strange nature of birth telling me that it is big pump/dump again.

Korean people are very addicted to gambling, do not fall in it too.

As you said, BCC takes nothing new here, and the core team hasn't claimed they will support BCC,so let Korean play that pump/dump game themselves.

[BitcoinBarrel]

You can't do anything with BCH, I don't get it. 99% of websites accept BTC not BCH.

[llzzyy234]

North King III will quickly take the price down 

[Gambit_fr]

Maybe it's just because a lot of Koreans had Bitcoins and now have the same amount of Bitcoincash.
As BCC just opened on a lot of markets, many people want to sell/buy them.
Let's wait a few days/weeks until the hype is gone to see where the price stabilizes.

[tanghere02]

Let's just wait and see for the upcoming days and weeks if the price regulates or stabilizes, we don't know maybe whales are just trying to play around its volume.

[BitFarmer75]

How is crypto in korea?

[dennyd999]

How do you know it's Korean market that push the price up? There are too many actors in this business. If whales want to play with the coin there's nobody stop them. Bitcoin Cash was cheap so they collected, now they are dumping to newcomers.

I just check Coinmarketcap -Bitcoin Cash - trading volume

https://coinmarketcap.com/currencies/bitcoin-cash/#markets


Look now top3 is korean exchange and trading volume high on BCH / KRW (korean won) . Totaly this 3 exchanges now trading more than 51% of Bitcoin Cash.

They throw a fiat in it. I just dont know, but looks like saturday/sunday gambling. Also koreans are very addictive to gambling, thats why any casino and gambling are prohibited in Republic of Korea. But they found criptoexchange!  

[Rinaze]

What basis are the Koreans gambling on? Bigger block size > Mass adoption?

[rakeapps]

bitcoin cash has a huge pump from miners for profit whales big investors that easily pump coins and asia but there are certain economic factors like cheap fees unlike bitcoin.miners mining more and more bitcoin cash for profit should come into play later on in the coming weeks this is why this coin is a  good longterm investment.
Bitcoin will function more and more as a store of value coupled with high fees, while bitcoin cash will be much better for payments with its low fees.after this pump in a few days price will come back to 500 dollars but it a great investment to hold in the longterm
  

[dennyd999]

What basis are the Koreans gambling on? Bigger block size > Mass adoption?

You tell me that bro?

Because only Koreans now buying this shit...and it is nothing about big blocks. IT IS GAMBLING in their BLOOD. rush and joy and happynes or sadness..

[dennyd999]

North King III will quickly take the price down  

There are rumors that he North Korea start to mine Bitcoins! Its fucking..sad

[eaLiTy]

Trading volumes of BCH very high on BCH/ KRW pair. Korea is pushing it up now.
According to Coinmarketcap the most volume are on korean exchanges. Bithumb,Koinone,Korbit.
Any adequate reasons for that?
I see only mining price.It is cheaper than bitcoin and if price will be the same as for now.more profitable.
But pure adoption ,no innovtions and strange nature of birth telling me that it is big pump/dump again.

The volume has changed drastically and the price have risen three fold in the past three days and if it continues to soar like this we might see some new projects and innovative things coming out that supports bitcoin cash as well,it is the early stages and you really cannot predict that now,so give it some time and will see what the future holds .

[dennyd999]

Trading volumes of BCH very high on BCH/ KRW pair. Korea is pushing it up now.
According to Coinmarketcap the most volume are on korean exchanges. Bithumb,Koinone,Korbit.
Any adequate reasons for that?
I see only mining price.It is cheaper than bitcoin and if price will be the same as for now.more profitable.
But pure adoption ,no innovtions and strange nature of birth telling me that it is big pump/dump again.

The volume has changed drastically and the price have risen three fold in the past three days and if it continues to soar like this we might see some new projects and innovative things coming out that supports bitcoin cash as well,it is the early stages and you really cannot predict that now,so give it some time and will see what the future holds .

Let do this,because offcourse this project gived us some free money. Let respect it to

[Olivious]

Its not just korea that pumps bitcoin cash, people are just riding the trend about mining bitcoin cash is more profitable than bitcoin.
That will surely dump when miners start to mine bitcoin again, if its really gambling to you, then its RISKY.

[dennyd999]

Its not just korea that pumps bitcoin cash, people are just riding the trend about mining bitcoin cash is more profitable than bitcoin.
That will surely dump when miners start to mine bitcoin again, if its really gambling to you, then its RISKY.

Oh really if it will give the same opportunity to mine as it was before with my pc..its cool idea.

Or we dont speak about hobby mining?

Let search how profitably..

Maybe there is more gifts with BCash

[Pfizer]

Trading volumes of BCH very high on BCH/ KRW pair. Korea is pushing it up now.

According to Coinmarketcap the most volume are on korean exchanges. Bithumb,Koinone,Korbit.

Any adequate reasons for that?

I see only mining price.It is cheaper than bitcoin and if price will be the same as for now.more profitable.

But pure adoption ,no innovtions and strange nature of birth telling me that it is big pump/dump again.

Korean people are very addicted to gambling, do not fall in it too.

I don't see the point behind their support for BCH. For Chinese manipulators, yes, they like BCH very much to maniuplate the market and cause a chaos, but why Koreans...

I'm sure they will fail on BCH pump. The community didn't like BCH idea and the majority doesn't support it.

[Crytpozer0]

Price is pretty stable this whole day, what do you guys think, will it grow ?

[dennyd999]

Ok let do the calculations..

Its to big just for gambling.

I have an idea that some energy company of korea with acces to mining do that pump.

There is not so many national companies to access so many electricity for mining.

But with next move mining dificulty decreasing,so the price too..

[connexus]

Maybe most Koreans were too late for the bitcoin party that's why they're pumping BCH to the max, thinking it might achieve a parity with BTC.

[redboss]

BCH is already on 15+ exchanges and have ~ 10 businesses supporting it:
https://np.reddit.com/r/btc/comments/6uobro/businesses_supporting_bch/?st=J6JR2O4N&sh=f5255297