Post
Topic
Board Service Announcements (Altcoins)
Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies!
by
pawel7777
on 29/12/2017, 18:36:12 UTC
Please delist bithumb from XRP exchanges, the volume and the price are clearly faked, the price can't be more than 40% in this exchange that in other part of the world.

Yes it can, that's nothing new. Bithumb is the largest Korean exchange and for some reasons Koreans seem to have more positive sentiment towards cryptos and are very susceptible of pumps and bullish news. Also Bitcoin is ~21% higher than the average at the time of this post.

From what I remember, some strict regulations in opening bank accounts in Korea make it really hard to do arbitrage trading, hence the disproportionate rates.