South Korea shoots out the lights and breaks through the ceiling.
This week we have seen some more record growth but the action from Asia and mostly from South Korea is astounding.
This time around Asia has left the Americas behind like they were parked.
As can be seen from this graph the traffic is mostly coming from Eastern Asia.
Graphically It looks like this.
Zooming in we can delve deeper into the cities in the Eastern Asia region
Zooming into South Korea we can see how the traffic is distributed but city.
Overall the usage is just booming, we have broken through the 300 000 level and are now flirting 350 000 baseline.
Over the entire history of steemit it looks as follows but the latest spike hasn't registered on the graph at rank2traffic.com.
So the Alexa rank is responding as well.
This is good news since South Korea is a booming economy and they are not going to ban cryptocurrencies there.
This comment has received a 0.65 % upvote from @booster thanks to: @discernente.
South Korea is going huuuuuge!
@gavvet,
We can see STEEMIT at top 1000 in next month of time!
Cheers~
As a member of Korean community, I am so excited by this amazing fact!
Yes, We are really booming!
Another Stat site made by @segyepark (https://steemit.com/kr/@segyepark/tzpam)
https://iworldpark.github.io/steemit/stat/post/
That is crazy since South Korea is trying to stop their people from using cryptocurrency because their government now considers cryptocurrency a form of gambling (Gambling has been illegal in South Korea). It is strange human behavior when you outlaw something to a specific group, that group will find ways to get around the law at an accelerated pace than normal.
South Korea is going to put Regulations/Guidelines to make sure of NO money Laundering type of issues come up, but will not Ban due to so many innovative ideas come out from South Korea (Aka Exporting Value and Importing Wealth into their country). It is making their country boom with more technological advances and creating more jobs and wealth.
Now North Korea has been the greatest beneficiary of Bitcoin due to Hacking and stealing Bitcoins and Hiring Miners in China to send Bitcoins into North Korea. And Bitcoin skyrocketed in price. People just need to becareful with their PRIVATE Keys and exchanges be robust, so they don't get hacked.
@rayonitever Where's the best place to get news about SK and crypto situation? I really don't see SK banning crypto for the mention reasons.
Many people including Miko Matsumura (One of the most respected dude in Crypto) retweeted Joseph Young's Tweet.
Joseph Young was the guy in South Korea fighting all the FUD. He has his own bio on twitter so I will leave to that as an Intro of him.
His Twitter - @ Iamjosephyoung
Thanks
No problem mate!
This is great news. It's good to know the government has enough vision to know the future means of creating wealth; and not attempt to stifle the majority of investors working for the good of the economy.
Peace.
This is not possible they cannot stop thier people from using crypto currecy.
beacuse its future currecy.
@qami
Sounds like a case, of 'can't beat 'em...join 'em.' It's all good news for crypto!
Peace.
that great.
lets get connected.
@qami
✌!
I was thinking the same thing, but look at the reaction on the ground:
https://steemit.com/cryptocurrency/@jrcornel/look-what-happens-when-you-try-to-ban-cryptocurrency
Plus this news:
https://steemit.com/eos/@eosio/richard-jung-former-ceo-of-bithumb-joins-block-one-as-head-of-korea
And it's not clear that the "ban cryptocurrency" crowd currently has any political clout in South Korea.
nice blog follow you blog thanks...
Gambling illegal? When government tries to control every aspect of human life.i can do whatever I like with my money so far as am paying taxes and not hurting anyone.no wonder they are turning to cryptos...about time
Bitcoin is not afraid of South Korea!;)
I'm fine with some degree of regulation. The totally legal stock market is the exact same thing. It is on some level gambling. But it's gambling that makes a lot of people a lot of money that have vested interest in the government which makes it totally legal in a lot of countries. The "man" (lol) is cool with gambling if they getting a cut. Hmm.
Yes, it forces people 'underground'. In this case, decentralized blockchains are changing the world. I read where North Korea has billions in BTC...so much for sanctions.
As I read your post, I was reminded of the Berlin Wall, and how people literally tunneled through to the free side.
Fast forward a few decades, and the US wants to spend billions to prevent people from entering illegally. This is pure foolishness, as millions could be spent on drones with sensors to send pinging radar to law enforcement. It's been proven that the cartels have a huge tunnel-system in place already.
The so-called wall is one thing I hope the POTUS will rethink for a less-expensive solution. I know he ran it as a part of his campaign; but, I think the dollars could be better spent eradicating some of the trillion-dollar debt.
Peace.
I hope Korea will manage to override this shi*...
good good good!!!
Thank you @gavvet for all you do for Steemit!
Thanks to you and the community, Steemit visits in December are up 80% compared to November! 34mn people have been on the website !
Check all the Datas here: Steemit Statistics & Big Data: 🚀 End of 2017 Update 🚀
This is really cool - where do you get the data from?
Some Africans have joined the platform but get discouraged after writing a very quality post hoping that a whale will see and in the end you end up with $0.00, 0.12, 0.7. Many of us have abandoned the platform and others now think that there is no such thing as a grate post, while the rest of us have resorted to doing challenges to give us little hope. Probably if there was a tag for Africa or an African whale that curates post from Africa it would have enabled more Africans to join the platform. Many at times I would want to share African culture but then who is going to see it, who is going to upvote it. On the other hand I really do like the Asians, they don't give up easily no wonder they keep on excelling in technology. Thanks @gavvet for sharing
A lot of people give up after not getting upvotes... not just Africans. I'm glad I stuck with it. Connecting with people who really interest you and not just looking for a payout may be a way to success.
I'm interested in connecting with people from all over the world, Africa included. I'd like to share with people how they can transact directly with crypto and #BypassTheBanks. Steemit is a great way for me to be able to do that, even if I don't get much of a payout.
And, no less of a plus is that it's fun, educational and, improves your Gramma as well! (And, if you're a conscientious literary student, your grammar too.) But especially-if Gramma nits Woolen scoffs as well!(Let's not mention vokabilry 2! sicc) mathewdavid makes a lot of sense and, if we all can upvote him in the fucha, a lot of cents too! Go Mat! (And wouldn't it be really cool if Africa could also become an integral part of the world!Then we could really begin to shteem, just like our Yiddisha brothers. Muzzletoff!
Upvoted and resteemed, thanks for the great info. But do you think Korea is already saturated?