Large volume

[AAlex48]

The high interest of Korean investors was noticed.Volume in dollars and transactions.

[buyinbtc]

First of all the volume chart looks like it has been zoomed in at the highlited places. If not, according to your chart the near all time high volumes have been going on for more than a month now. Consequently, even if it isn't fake volume to mislead people in fake outs, there is no real impact from this high volume on the whole market. To see a real bullish breakout we need extremely high volume on all exchanges together with the big green candle.

[charlotte04]

The high interest of Korean investors was noticed.Volume in dollars and transactions.

I like to see the real chart for this one before I conclude anything about this if it is true or not, but I don't see any thing that could affect the crypto space.

[cryptocrusher]

I check volume each day almost on coinmarketcap and I haven't noticed anything out of the ordinary, so much like the other comments I'm going to have to consider that this is probably misrepresentation of the facts and that volume is still much lower than the chart suggests when contrasting to the highs of early 2018.

[AAlex48]

The high interest of Korean investors was noticed.Volume in dollars and transactions.

I like to see the real chart for this one before I conclude anything about this if it is true or not, but I don't see any thing that could affect the crypto space.

You can check the chart on tradingview, and I’m not saying that this will somehow affect the market, and this is a fact of interest that is gained from the month of September, as we know in Korea, they are very positive about cryptocurrency.

[dothebeats]

We've seen a lot of fake volumes in the past, especially in Chinese exchanges but that didn't even translate to a single spike in price. Even if the volume here is significantly higher than the rest of the world, still if the volume is made out of constant in-outs without anything happening, no strong movement would be established and the price would remain stagnant. However though it's quite amusing to notice that the volume on the east is this strong. The Koreans, together with the Japanese would again be a strong force should a bullish movement is established.

[Yaunfitda]

Well South Koreans is only part of the equation year. If the OP is implying that a break out run should occur, I doubt it because as I have said, it will take the whole crypto market to really uplift everything and not just Koreans or Japanese market for that matter.

And we shouldn't be surprised though, as South Koreans are really interested on crypto ever since. And we're still trading sideways so those volumes (fake volume or not) has no significant effect whatsoever.

[jossiel]

Honestly I see a "rock and roll" sign on that chart. 

Anyway South Koreans does really have high interest to cryptocurrencies. An exchange won't operate there if there's no interest and volume at all. And this ain't new as far as I remember there are also hack incidents that included that South Korean-based exchange (bithumb).

Addition:
To know more about the volume of different countries: https://coin.dance/volume/localbitcoins

[AAlex48]

Honestly I see a "rock and roll" sign on that chart. 

Anyway South Koreans does really have high interest to cryptocurrencies. An exchange won't operate there if there's no interest and volume at all. And this ain't new as far as I remember there are also hack incidents that included that South Korean-based exchange (bithumb).

Addition:
To know more about the volume of different countries: https://coin.dance/volume/localbitcoins

Thank you very much, very interesting information on the resource, I will add to myself.

[CoinAcademyNL]

Let's see what this brings, the Korean market definitely looks more positive then other markets.

[shinharu10282016]

The high interest of Korean investors was noticed.Volume in dollars and transactions.

I like to see the real chart for this one before I conclude anything about this if it is true or not, but I don't see any thing that could affect the crypto space.

You can check the chart on tradingview, and I’m not saying that this will somehow affect the market, and this is a fact of interest that is gained from the month of September, as we know in Korea, they are very positive about cryptocurrency.

They have always been positive about cryptocurrency that some of the people there invested money into it, scammed and got owned, put their whole life savings in it and cried a lot when the market went down. It is not just about it. The safeguards have been placed as well. We can't just conclude this as 'a good thing' just because bitcoin earned some love from Korean people, isn't it? We have to still look at it at different perspectives.

[jossiel]

Honestly I see a "rock and roll" sign on that chart. 

Anyway South Koreans does really have high interest to cryptocurrencies. An exchange won't operate there if there's no interest and volume at all. And this ain't new as far as I remember there are also hack incidents that included that South Korean-based exchange (bithumb).

Addition:
To know more about the volume of different countries: https://coin.dance/volume/localbitcoins

Thank you very much, very interesting information on the resource, I will add to myself.

Don't mention it, I also got it from someone here in the forum. 

Let's see what this brings, the Korean market definitely looks more positive then other markets.

South Korean market has been always good. You will never expect that there's a good movement of crypto's there and mostly for bitcoin. This is like Japan crypto community where there's a massive support from the people though I'm not sure what's the current talks about the government there. You may never know on how big the South Korean market and let's say that North Korea is already there as I've read some news regarding its interest to bitocin mining.

[Kemarit]

Koreans, as far as I know has a huge impact on the market. Even North Korea may have made as much as $200 million from Bitcoin, according to expert . And I agree that South Koreans, just like the Japanese, are really into bitcoin investments. And there are a lot of local exchanges who made it big in the worldwide market, so its obvious that they're here for the long haul. So if ever this ecosystem will change for the better (going bullish), we might see large trading volumes again coming from Asia specially South Korea and Japanese markets.

[hugeblack]

It is better to say that it has improved the acceptance of Bitcoin in that country than being a "Large volume."
I remember at the end of last year there was a clear difference between the Korean platforms and the rest of the platforms in the world "may be a manipulation of prices," but the point here is the biggest benefit for investors.
This is if we say that these schemes are true.
Generally, all these things do not make a difference.

[damberg]

The high interest of Korean investors was noticed.Volume in dollars and transactions.

According to the picture, it doesn't look authentic to me (maybe zoomed?). We have seen plenty of wash trading and artificial volume among Asian crypto exchanges so it might not be conclusive.

[jimbo2000]

1. This graph looks really weird.

2. You can't trust the volume of many exchanges as it's largely fake volume by wash trading bots.

3. If this is legit is there even any reason for such a spike in volume on Korean exchanges?

[eaglewhite80]

Even though a lot of people are complaining about the possibilities of fake volume, we still cannot rule out the impact of this region when it comes to cryptocurrency adoption, and some times, like they always say, even in every rumor, there is always an element of truth. We also have to consider what if those volumes were for real? All the same, fake volume or not, I still believe one way or the other, that the big institutions and investors are already accumulating, and in no time, the possibility of seeing the market hitting upside could be a reality.

[exstasie]

The high interest of Korean investors was noticed.Volume in dollars and transactions.

Volume is going parabolic, yet price stays in a tiny range. Totally legit.

It looks like they got their hands on OKcoin and Huobi's volume churning bots. Bithumb charges trading fees, so I'm guessing they're just inflating volume with wash trading like the Chinese exchanges were doing a few years back.

[xabre]

Large volume transaction is better how to know some coin could increase and have higher price, we have buy or trade with some altcoin have high volume transaction because will be many investor and trader buy the altcoin have large volume transaction.

[Renaldi blackspadeteam]

grateful for this advantage, I don't know how many people have benefited from crypto trading, but I see this graph looks strange, maybe I think this is fake pump, Korea is also a big bitcoin miner, maybe a lot of investors want to try their luck by trading crypto.