Bitcoin Over $11,000 In Korean Exchanges, $10,653 On Average
The bullish trend of Bitcoin seems to be unstoppable. In at last 3 Korean exchanges it is trading at over $11,000:
- Bithumb: $11,727
- Coinone: $11,723
- Korbit: $11,735
Although there's really no way to know what is driving the price up, one can assume that the recent escalation of military activity around North Korea, South Korea and Japan might be among the causes.
Less than 24 hours ago North Korea launched a ICBM (Intercontinental Ballistic Missile) which flew for about 50 minutes and landed in Japan exclusive economic waters. Immediately after the reports, while the missile was probably still in air, South Korea staged a similar response, firing a "precision missile" in response to its neighbor threat.
If we take into account recent reports about North Korea mining Bitcoin, it might also be a massive speculative operation orchestrated by the communist regime: create instability with a rocket launch, wait for the price of Bitcoin to rise, then sell to generate more cash.
All speculation, obviously, I really have no idea what is going on there, I'm just rambling around.
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It is a madness... I don't understand this rise, is insane, but I like it!
BTW, Let's beg the North Korean don't plan to hack directly internet
They can't really do that. But they can play with the price of Bitcoin, if they have enough in their pockets.
Retracement is imminent at $12,800. I want to be sure if this the right time to buy steem and SBD. What do you guys think?
Waiting patiently for @deanlogic to appear. He has said this before I'm pretty sure.
where did the 'precision missile' land?
in a desert ocean area, I presume, but close enough to send a message.
the message was "ooops...we missed"
if they wanted to send a message they should have ACCURATELY counter battery fired.
My knowledge about the situation in that area is very limited, but I know for sure that it's way more complex than black and white.
anything can be made to SEEM complex.
You could be right, I was watching coinbase, and either a ton of people all dumped at the same time to skim profits...or, one big holder dumped a large amount around 11 pm.
Something is happening in that area, that's for sure.
It does not matter on the accuracy, if it hits any populated area, then all heck breaks loose. The reason for buying Bitcoin (et. al.) is that if you turn refuge from whatever outcome is, then you have secured at least some standard of living wherever you land... with international funds. Personal Sovereignty is the future
I'm starting to get more and more accustomed to the above statement.
Remember reading something of parabolic situation, flattening out etc.? :-)
It has certainly reached $ 9,900 around 9:00. He will pass the 10,000 mark at midday, that's for sure! But it could easily reach $ 40,000 by the end of 2018. As for Ethereum, which has just reached $ 500, it should celebrate Christmas at $ 1,500. At the same time Laszlo Birinyi - a hard-core hard of Wall Street (strategist of Birinyi Associates, Inc. & Asset Management) raises its target on the S & P500 to 2,700 by the end of 2017.
The interests of Bitcoin: we stay warm and it does not take place!
But who can be stupid enough to get behind the wheel of his "UberG7"? His little customer counter at Schplonk bank. And even more, keep your stock portfolio (4% potential at best by the end of the year). While it is enough to stay warm at home, in front of his screen to be +1000% since January 1st. And it remains to be 400% on Bitcoin in 1 month (+4,000% per year).
And in addition, unlike gold and bank notes ($ 40,000, that's several wads or stacks of Napoleon), there is no need to spend hard earned money (+ 3% per day) ) to rent a safe. You do not have to buy a tulip bulb flowerpot to store them because the BTC is just ... NOTHING!
korea is a big market for bitcoin...
damm it missed the $12 k mark