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RE: There's Something VERY Strange Happening With STEEM and SBD In The South Korean Exchange Upbit!

in #steem6 years ago

You don't need a time machine to see that the swing trades are making them fistfuls of money and there are bag-holders at every peak. I'd really like to know how much of that krw is net inflows into the exchange and how vetted those transfers really are. If any of this was natural growth in the platform we would see a lottttt more Korean users than we do now, yes they're the leading country by % of new users recently but none of that can account for the rest of the madness. I guess their leaders weren't wrong when they called crypto a full-on mania taking over the country.