Hey, did anyone notice BCH volumes on Korean Bithumb (its about $300 mil as of time of this writing and rising)?
these new Korean exchanges are like the old Chinese exchanges: with 0 fee and lots of fake volume. and all their volume for all coins are ridiculously high like this not just BCH!
Its gonna move Ripple soon and make it into top 3 on coinmarketcap if this continues.
it needs price to overcome Ripple not volume. and it has been falling so far as bitcoin started to rise back up again!
What are these guys are up to? Should we expect BCH rise due to Korean volumes?
not really.
there will surely be another pump of BCH. nothing can stop that but it will not come this fast and it certainly won't be because of fake volumes of Koreans