KImchi premium in Korean bitcoin market

in #kimchi6 years ago

There are more than 3 million people who are around thirties and earning 30 to 40 thousand USD per year. They have great eagerness to earn money quickly using block-chain market in Korea. Now trading bitcoin and other crypto money is new hobby for them like on-line game. They are normally great fans of on-line games and spending minimum 2 hours to do so. That's why they can get easily more information on Bitcoins. There are some set-backs in Korea for selling and buying bitcoins due to new regulations by Korean governments. Last month there were big disputes between pro and cons of bitcoin in TV and lawmakers. Korean trading firms of Bitcoins are very small and new born. They are owned by some IT companies. If they are attacked by hackers like Japan and Italy, Korean government should shut down them immediately. Kimchi premium is natural because there are too many people want to trade bitcoins but the total numbers are limited comparing China, Japan and USA.

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