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Topic: Large volume - page 2. (Read 842 times)

sr. member
Activity: 882
Merit: 269
November 09, 2018, 07:51:11 AM
#28
The high interest of Korean investors was noticed.Volume in dollars and transactions.



The large volumes is going to be transmitted into upwards price movement in some days to come.  Therefore,  it is better to join the next bull run.  However we should know that great volumes from South Korea alone is not going to affect bitcoin pricing mush but bitcoin needs to come out of it currently limitations.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
November 09, 2018, 07:08:06 AM
#27
The high interest of Korean investors was noticed.Volume in dollars and transactions.



This can't be just south korea is it? I mean south korea did not ban crypto before and there wasn't a sudden "alright you are allowed" type of ban lifting going on that makes the volume to increase. Were there some sort of new thing that happened to make South Koreans more interested in crypto out of nowhere? I don't know if this is the koreans that gets interested in this type of stuff but I am pretty sure if its them than there must be some better explanation than crypto getting more awareness there.

Also volume is not THAT increased overall right now, yeah its more than what it was yesterday but it is not a huge spike that changes the markets too much. We need almost double of this and probably even more than that before we can count on a bull run to happen.
sr. member
Activity: 1344
Merit: 253
November 09, 2018, 02:38:19 AM
#26
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.

In every rumor there is some truth but not in every lie. Therefore if this is fake (I don't know if it is or not) then there may be nothing to deduce from it. Do think institutions are coming but not for some more time yet, or at least we won't see their presence for some time yet.
Nothing is certain that will surely lead us into hesitations on predicting on what is truly happening. We have seen fake out for how many times but there are indicators that we did let pass believing that it is a fake out but eventually a legit one and lead up to regrets.

Basing on the chart theres really some volume either this is the start of possible comeback or just a fake out. Who knows?
i think if it is capable of listing in large exchanges, of course project has good validity. i think that is the easy parameter. and of course there will be many traders who arrive when just listing in that exchange
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
November 08, 2018, 04:20:09 PM
#25
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.

In every rumor there is some truth but not in every lie. Therefore if this is fake (I don't know if it is or not) then there may be nothing to deduce from it. Do think institutions are coming but not for some more time yet, or at least we won't see their presence for some time yet.
Nothing is certain that will surely lead us into hesitations on predicting on what is truly happening. We have seen fake out for how many times but there are indicators that we did let pass believing that it is a fake out but eventually a legit one and lead up to regrets.

Basing on the chart theres really some volume either this is the start of possible comeback or just a fake out. Who knows?
full member
Activity: 336
Merit: 100
November 08, 2018, 04:15:33 PM
#24
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.

In every rumor there is some truth but not in every lie. Therefore if this is fake (I don't know if it is or not) then there may be nothing to deduce from it. Do think institutions are coming but not for some more time yet, or at least we won't see their presence for some time yet.
member
Activity: 602
Merit: 11
November 08, 2018, 11:50:01 AM
#23
This shows that South Korea really supported the Crypto currency again that they are part of the strong pillars now, that will help Bitcoin price to not directly to fall. I remember this year when the PM of S.Korea declared ban of Bitcoin it really affected the market price performance to fall slightly but now that they are in full support again we just hope that the market will fully recover in no time.
the Korean government is one of the countries that has an influence on cryptocurrency, many large exchanges originating from there. with permission, the crypto trade stretched more energetically
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
November 08, 2018, 01:20:19 AM
#22
South Korea is only a small section of the global market and I doubt that their trading volume alone will make a significant impact on the global price.  Huh We know from experience that some Asian exchanges created fake trading volumes to compete with rival competitors to increase their own status and to attract more traders to their platforms.

Since this has happened, governments stepped in to regulate some of these exchanges and they even forced some of them to close their doors. I hope we are not seeing a repeat of this scenario, because these governments will clamp down on this practice again, if this is happening again.  Sad
member
Activity: 350
Merit: 11
W12 – Blockchain protocol
November 08, 2018, 01:07:53 AM
#21
This shows that South Korea really supported the Crypto currency again that they are part of the strong pillars now, that will help Bitcoin price to not directly to fall. I remember this year when the PM of S.Korea declared ban of Bitcoin it really affected the market price performance to fall slightly but now that they are in full support again we just hope that the market will fully recover in no time.
full member
Activity: 504
Merit: 100
November 07, 2018, 07:05:37 PM
#20
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.
full member
Activity: 580
Merit: 101
November 07, 2018, 08:22:24 AM
#19
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.
member
Activity: 364
Merit: 13
November 07, 2018, 07:41:38 AM
#19
Its hard to understand the scale, usually there is scale to see all the history of data+ the zoomed in data.
Right now , there is a big probabilty that this is fake, one should look on particular exchnages form where volume comes.
legendary
Activity: 1806
Merit: 1521
November 07, 2018, 07:28:03 AM
#18
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. Roll Eyes

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.
member
Activity: 406
Merit: 36
November 07, 2018, 07:10:08 AM
#17
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.
full member
Activity: 336
Merit: 100
November 07, 2018, 05:25:47 AM
#16
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?
full member
Activity: 658
Merit: 108
November 07, 2018, 05:18:25 AM
#15
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.
legendary
Activity: 2702
Merit: 4002
November 07, 2018, 04:48:39 AM
#14
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.
legendary
Activity: 3080
Merit: 1353
November 07, 2018, 02:40:47 AM
#13
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.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
November 06, 2018, 10:03:06 PM
#12
Honestly I see a "rock and roll" sign on that chart.  Grin

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.  Wink

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.
full member
Activity: 700
Merit: 100
November 06, 2018, 12:55:52 PM
#11
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.
newbie
Activity: 28
Merit: 0
November 06, 2018, 11:38:20 AM
#10
Let's see what this brings, the Korean market definitely looks more positive then other markets.
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