Quote from: explorer on December 20, 2017, 09:34:11 PM

Quote from: Globb0 on December 20, 2017, 09:25:44 PM

Quote from: Genesis1337 on December 20, 2017, 09:23:41 PM

@explorer is there anyway to find out what is going on at bithumb and why XMR/KRW always trade at such a premium? Are there any simple answer to this, or is it much more complex? Huh

How hard is it for me to sell 1000XMR on bithumb, send USDT to bittrex, and buy XMR there? Thanks for any response in advance

And I have a colleague from south Korea, who could feasibly help me translate something. I'm also interested.

IMO Koreans are just crazy gamblers, punting on anything that moves. As yet, I've not come across any, let alone a good explanation. Being kind of a closed market, arbitrage is very difficult. If you can figure it out, you will profit. Be first.

USDT is rarely valued at $1 exactly, so it is a poor measure. Also Poloniex XMR tether volume is ~10% of the BTC market (which I trade, ergo my measure for price).

Korean here, also a monero holder

lol u guys wouldnt believe how crazy we are. so many stories

you are right, most of us are just clicking buttons and riding the wave.

lmk if u guys have any questions regarding korean market or bithumb