I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.
Where is the Source? Make a post about the news there must be an accurate source so that other Bitcoin holders here are not inedible with issues that aren't obvious origin. thanks CMIIW 
Topic: 40% of BTC daily Volume is Japanese - page 2. (Read 412 times)
I thought it was common knowledge and then people started to post that they do not believe it
It might be common knowledge that Japan makes up for a big part of the Bitcoin trading volume, but once you start to post actual statistics, they always have to be accompanied by a source for those numbers.
You see it in this thread, you said 40% while it was actually 53%. This could have been avoided if you had just added it to the OP in the first place.
Now I would like to hear from some other people what they think about the source of those numbers.
Does cryptocompare.com take all exchanges into account for those numbers?
If it is, this is quite scary because if anything goes PEAR SHAPED in JAPAN the market will go down even further and we do not want that to happen at all. I do think though that much of the JAPANESE volume is also created by many CHINESE who cannot do anything in CHINA because of all the bans there, so they have moved all their volume to JAPAN. This is just my theory and I do not have proof to back it, but this is just an assumption that comes from pure logic I guess. I do hope more countries get more active in the markets.
Yes, they are scary numbers. I just checked on the internet if it is true and it is true - OMG
This is not scary since Japanese government are supporting the used of cryptocurrency besides that, I will more trust on Japanese rather than Chinese whales since Chinese are dirty players in trading rather than Japan. They are trying to fully adopt bitcoin that's why they are holding that huge volume of BTC. We must thanks them because they are the one who saves bitcoin when Chinese investors flip their BTC.
It's not completely true as there are some volume in Japan that is being manipulated( volume is beeing faked), by anyway, I can't see any problem with that as Japan is a country that is friendly to bitcoin, so more and more citizens buy bitcoin because the local government supports it.
Also don't forget the payment system in Japan that gives you the ability to pay with bitcoin at almost every store in Japan.
Also don't forget the payment system in Japan that gives you the ability to pay with bitcoin at almost every store in Japan.
It is not Fake, there are published statistics to prove it.
Then post a source to those statistics and stop making low-quality threads like this. Throwing a tantrum isn't going to make anyone believe what you're saying.
If I had the power to grant you negative merit, I'd do so immediately for this thread.
Edit:
DO YOUR RESEARCH: OVER 40 PERCENT OF BTC DAILY VOLUME IS JAPANESE
https://www.cryptocompare.com/coins/btc/analysis/JPY
53 PERCENT
https://www.cryptocompare.com/coins/btc/analysis/JPY
53 PERCENT
Fair enough, but you could have posted that in the OP.
I thought it was common knowledge and then people started to post that they do not believe it
Yes because many bitcoin users are in Japan and popular there, the Japanese government that supports bitcoin affects people to join bitcoin. that is why japan is very influential to bitcoin.
It's not completely true as there are some volume in Japan that is being manipulated( volume is beeing faked), by anyway, I can't see any problem with that as Japan is a country that is friendly to bitcoin, so more and more citizens buy bitcoin because the local government supports it.
Also don't forget the payment system in Japan that gives you the ability to pay with bitcoin at almost every store in Japan.
Also don't forget the payment system in Japan that gives you the ability to pay with bitcoin at almost every store in Japan.
It is not Fake, there are published statistics to prove it.
Then post a source to those statistics and stop making low-quality threads like this. Throwing a tantrum isn't going to make anyone believe what you're saying.
If I had the power to grant you negative merit, I'd do so immediately for this thread.
It was posted prior to your post bright ass
I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.
Again this is a FUD. Why don't you people provide the source of this information ? 40 percent Japan and 40 Person Whales, So where we are left ? All the rest of the world will fit in only 20%. That's not possible. Bitcoin is now grown and known too much that it cannot be owned and controlled by few people.
1000 Whales. The point is Japan an the whales run this game.
Also Tether are involved for the moment until the DOJ take them out
It's not completely true as there are some volume in Japan that is being manipulated( volume is beeing faked), by anyway, I can't see any problem with that as Japan is a country that is friendly to bitcoin, so more and more citizens buy bitcoin because the local government supports it.
Also don't forget the payment system in Japan that gives you the ability to pay with bitcoin at almost every store in Japan.
Also don't forget the payment system in Japan that gives you the ability to pay with bitcoin at almost every store in Japan.
It is not Fake, there are published statistics to prove it.
Then post a source to those statistics and stop making low-quality threads like this. Throwing a tantrum isn't going to make anyone believe what you're saying.
If I had the power to grant you negative merit, I'd do so immediately for this thread.
Edit:
DO YOUR RESEARCH: OVER 40 PERCENT OF BTC DAILY VOLUME IS JAPANESE
https://www.cryptocompare.com/coins/btc/analysis/JPY
53 PERCENT
https://www.cryptocompare.com/coins/btc/analysis/JPY
53 PERCENT
Fair enough, but you could have posted that in the OP.
DO YOUR RESEARCH: OVER 40 PERCENT OF BTC DAILY VOLUME IS JAPANESE
https://www.cryptocompare.com/coins/btc/analysis/JPY
53 PERCENT
https://www.cryptocompare.com/coins/btc/analysis/JPY
53 PERCENT
I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.
Again this is a FUD. Why don't you people provide the source of this information ? 40 percent Japan and 40 Person Whales, So where we are left ? All the rest of the world will fit in only 20%. That's not possible. Bitcoin is now grown and known too much that it cannot be owned and controlled by few people.
I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.
I do not think that such a large proportion of bitcoins is concentrated in Japan. In my opinion, more of this currency is either in Europe or in the US. These areas are actively introducing bitcoin into real life 
I doubt the correctness of your statement. However, I am actually glad that 40% of the volumes owned by Japanese traders. They are the most systematic people in the world and known for their great sense of responsibility. So they are in safe hands. But I am actually worried about the rest 40% that are in hands of whales. They have the controlling volume and can do almost anything in the market.
However, I have a little misunderstanding about whales. Lets assume I am a whale and I own a significant amount of bitcoins. In general view, if the bitcoin price goes up, my wealth will be in billions so I would definitely want bitcoin price to go up. Why would a whale want the bitcoin price to drop? Where's profit in it?
However, I have a little misunderstanding about whales. Lets assume I am a whale and I own a significant amount of bitcoins. In general view, if the bitcoin price goes up, my wealth will be in billions so I would definitely want bitcoin price to go up. Why would a whale want the bitcoin price to drop? Where's profit in it?
It's not completely true as there are some volume in Japan that is being manipulated( volume is beeing faked), by anyway, I can't see any problem with that as Japan is a country that is friendly to bitcoin, so more and more citizens buy bitcoin because the local government supports it.
Also don't forget the payment system in Japan that gives you the ability to pay with bitcoin at almost every store in Japan.
Also don't forget the payment system in Japan that gives you the ability to pay with bitcoin at almost every store in Japan.
It is not Fake, there are published statistics to prove it.
FFS learn to post a source when you make claims like that...
The only thing I could find about this was an article from January 2018 and the article itself doesn't list any sources for those numbers.
https://atozforex.com/news/japan-bitcoin-trading-volume-increases/
40 what is owned by whales? 40%?
The only thing I could find about this was an article from January 2018 and the article itself doesn't list any sources for those numbers.
https://atozforex.com/news/japan-bitcoin-trading-volume-increases/
I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.
40 what is owned by whales? 40%?
40 percent of all BTC is owned by about 1000 people bright ass
I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.
Again this is a FUD. Why don't you people provide the source of this information ? 40 percent Japan and 40 Person Whales, So where we are left ? All the rest of the world will fit in only 20%. That's not possible. Bitcoin is now grown and known too much that it cannot be owned and controlled by few people.
It is not FUD...It is a FACT
I wish it was not true but it is
It's not strange given the adoption levels of bitcoin in Japan. What is worrying is the 40% owned by whales because it would suppose high concentration levels, too much bitcoins in few hands.
Why are people positive towards Japan? You can see that there has been a steady trend to the fact that major exchanges are leaving the jurisdiction of Japan. Everyone says they're having trouble getting their licenses. I do believe that the exchange will move to Malta. There will be more loyal conditions and bitcoin will begin to migrate towards Europe.[/quote
You say Europe. I do not think so bright ass. The EU are anti Crypto and have just introduced new privacy laws that will have a negative impact on Cryptos.
https://cryptodaily.co.uk/2018/03/block-chain-technology-serious-collision-course-eu-privacy-law/
THIS LAW HAS BEEN PASSED
FFS learn to post a source when you make claims like that...
The only thing I could find about this was an article from January 2018 and the article itself doesn't list any sources for those numbers.
https://atozforex.com/news/japan-bitcoin-trading-volume-increases/
40 what is owned by whales? 40%?
The only thing I could find about this was an article from January 2018 and the article itself doesn't list any sources for those numbers.
https://atozforex.com/news/japan-bitcoin-trading-volume-increases/
I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.
40 what is owned by whales? 40%?
I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.
Again this is a FUD. Why don't you people provide the source of this information ? 40 percent Japan and 40 Person Whales, So where we are left ? All the rest of the world will fit in only 20%. That's not possible. Bitcoin is now grown and known too much that it cannot be owned and controlled by few people.
It's not completely true as there are some volume in Japan that is being manipulated( volume is beeing faked), by anyway, I can't see any problem with that as Japan is a country that is friendly to bitcoin, so more and more citizens buy bitcoin because the local government supports it.
Also don't forget the payment system in Japan that gives you the ability to pay with bitcoin at almost every store in Japan.
Also don't forget the payment system in Japan that gives you the ability to pay with bitcoin at almost every store in Japan.
I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.
I would say bitcoin is in safe hands then. Because Japan was the first country to make the bitcoin legal one and this is the reason why they are having most of the bitcoin in their possession. God knows, today also whatever volume we are seeing after being dropping to such low level is all because of the Japanese buying it. As they have no problem in acquiring them and people might be enjoying the freedom that was given to them by Japanese government.
Its not worrying thing because it is in regulated hands. We must not cry upon this situation as we are not seeing this much amount in the hands of china! Lolz.
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