Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
empowering
on 26/09/2017, 13:34:15 UTC
.....  and meanwhile back in the  Land of the Morning Calm the gaming giant Nexon https://en.wikipedia.org/wiki/Nexon just bought edit bought a 65% share of Korbit (and acquired managing rights) https://www.korbit.co.kr/?locale=en


so first Kakao and days later Nexon.....

hmmmkay

Wink


This is  interesting!!

https://www.upbit.com/home#  

https://news.bitcoin.com/koreas-largest-messenger-app-launching-exchange-with-110-cryptocurrencies/

The operator of Kakao Stock, a popular Korean securities trading app based on the country’s number one smartphone messenger app Kakao Talk, is launching a cryptocurrency exchange called Upbit. Over 110 cryptocurrencies will be supported initially including bitcoin, ether, and litecoin. The company says that it will be the largest digital currency exchange in South Korea.

(volume methinks)


Kakao Talk Mobile Messenger Has Over 100 Million Users - http://www.kakao.com/talk

https://en.wikipedia.org/wiki/Kakao

https://en.wikipedia.org/wiki/KakaoBank  Grin

https://en.wikipedia.org/wiki/BankWalletKakao   Grin

https://en.wikipedia.org/wiki/KakaoTalk

https://en.wikipedia.org/wiki/KakaoGroup

I looks like it uses  Kakaos/ UpBit.com  frontends and runs/trades Bittrex in the background....

Interesting indeed.  Think snapchat telegram WhatsApp and mobile bank (and lender) all rolled into one...Kakao have their fingers in many pies see here http://www.kakao.com/main and now with a  upcoming cryptocurrency exchange... these guys are going to be able to buy cryptos easy as 1..2...3 everyone is already plugged into the system all KYC'd up.... and if they integrate across their platforms.... wowwza


South Korea - don't discount their buying power or appetite for cryptocurrency



All it takes is for a few countries to be liberal in their approach to cryptocurrency which we are seeing more than one instance of right now...


Ya might not be able to see it yet.... but South Korea is going to be (continue to be) huge for Cryptocurrency.... the country is the perfect incubator for it... all of those interlinked technophile internet junkies are going to gobble up lots of coins IMO