Exchanges aren't concentrated in China at all, only mining has been.

It's shocking to see the Ethereum trading volume with KRW as well.  Last time I checked, it was dramatically more than USD trading volume.

I can't remember who it was, but the ideal statement was "Asians are lining our fat pockets with cash".

I agree and this is a good thing for Bitcoin to be distributed across the world. This will secure Bitcoin from a one nationality control in the market. 2017 is far away to end and there are a lot of good new been coming out from time to tine with different countries been accepting and legalizing Bitcoin so I really hope that the Koreans would also. Though it might brought congestionin transaction andmight take a while to processbutlet's hope that Bitcoin can cope up with this increase of demand.

This is a big good news for all stakeholders of Bitcoin. Getting away from the unnecessary influence and control of China is a very healthy development. I am not always comfortable thinking that China has the power to control Bitcoin and its direction of growth. It is really time to spread Bitcoin and let it be de-monopolize.

To throw a small wrench the ones who seem to be paying the ransom are primarily Russian users and Korean Users although that is only small change in the big scale hopefully growth in South Korea remains steady and organic especially as an alternative location to the Chinese exchanges.

Users with infected computers in Russia and South Korea are so far the two biggest ransom payers to the hackers who mounted a global ransomware attack, called “Wannacry,” yesterday, according to new data from Chainalysis, a provider of software that works with banks, law enforcement agencies, and bitcoin companies to analyze the blockchain for financial crimes.
https://qz.com/983186/global-hacking-attack-has-russia-and-korea-paying-out-bitcoin/

South Korea is a big market for Bitcoin. People in South Korea love new technology and new ways of doings things online. This can significantly move the price of Bitcoin upward in the coming days. With Japan already on the swing, Bitcoin is getting to be popular in Asia. I prefer that Bitcoin can spread all over the world rather than be monopolized by China.

i think its a good news that japan and south korea involving in bitcoin price because i think they can control chinese to not playing with bitcoin price and can prevent from any of dump or pump from others. although we all know that chinese still the most country that have biggest bitcoin, but with japan and south korea exist, i think chinese will not make any stupid movements.

This just goes to show how much cryptocurrency is starting to spread in other countries and not just China and Western countries. South Koreans and the Japs are known to embrace innovation and new things with arms wide open (e.g. South Koreans are so eager to eat in a fastfood chain called Jollibee and the reception of the first Jollibee in SoKor is very positive). Also, it allows for a much faster global adoption which isn't confined to the Western countries and China anymore.

This is great because bitcoin is getting so much attention and also adoption from the different asian countries and south korea is one of the latest country that adopted and established exchanger for bitcoin. If this attention will be maintained for bitcoin then  there is no impossible thing and bitcoin can be fully implemented in asian countries before 2020.

I believe the asian countries always supported Bitcoin and not only now... What happens is that the chinese exchanges were being used, so we had the impression who was using that were chineses, but not, many other around countries were using it as well.

Asian countries are famous for their relationship with technology and it wouldn't be different with Bitcoins. They are old adopters and had a good advantage compared to another countries people that just adopted Bitcoin later.