literally, people are buying huge amounts of STEEM with hard cash
Yes, I’m learning how to read the charts; and, noticed today that someone bought $15K of STEEM. This vertical rise is indicative of someone with a serious belief in the future of this currency; or, pumping for another dump.
social phenomenon unfolding.
I’d like to think this phenomenon has an explanation associated with the instability of impending talks of war in the Korean regions.
Never ignore North Korea. While we’re looking at South Korea; it very well could be powered by money laundered from it's attention North of them. I recently read where North Korea is 40B strong in BTC.
Lastly, here is a very interesting post addressing the upbit exchange. Even though it’s archived, it gives readers a chance to learn a bit about this exchange.
https://steemit.com/cryptocurrency/@coinblog/upbit-com-the-world-s-biggest-crypto-exchange
Thanks for this thought-provoking post.
Peace.