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RE: Bitcoin At 2000 USD In Korea, China On Lowest Prices
How complicated would it be to sell my Bitcoins in the Korean market, buy some more in the US market and repeat the process till I am rich?
How complicated would it be to sell my Bitcoins in the Korean market, buy some more in the US market and repeat the process till I am rich?
Not sure of restrictions there to ie withdrawal of fiat (maybe to korean banks only?). But we have strong KR community on Steem so maybe they can answer.
Also keep in mind its BTC->KRW->USD
Wont work unless ideally you have a local bank a/c or you are a Korean national afaik. Since you are withdrawing into local currency.
I have neither. Damn, why cannot things be easier? :D
Same situation as when Indian exchanges were $200 higher than others. :D We'll just have to wait and watch.