bitcoin is outperforming everything and Japan is the lead - page 2.

Herbert2020

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Quote from: Yakamoto on August 13, 2017, 12:50:10 AM

46 percent? That's an insane amount of volume they're pushing through their exchanges, what in the hell is pushing that kind of demand within Japan? Is it just speculation or is the Bitcoin economy really that alive within the asian island?

46% is too small, it should be at least 70% Grin

have you forgotten that Japan is the first and biggest country that has officially adopted bitcoin?
i dare say it is the only country that has legally announced bitcoin is a "legal method of payment". that alone shoots the adoption and consequently the volume and price high.

on top of it all, Japan has the biggest Forex broker in the whole world according to statistics of last year. that Forex broker has added bitcoin to their platform.
read about it here: https://bitcointalksearch.org/topic/the-biggest-forex-broker-in-the-world-added-bitcoin-and-it-is-in-japan-1941988
3 months ago i speculated this will have a huge effect on bitcoin price.

Sithara007

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Just imagine what will happen if countries such as China and Russia legalize Bitcoin. We will witness similar (or even higher) volumes from each of these nations. Even if the Bitcoin ETF was approved by the SEC, we could have witnessed 10x volumes from the United States alone.

Yakamoto

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Quote from: Pursuer on August 13, 2017, 12:45:23 AM

with bitcoin price breaking the $4000 price barrier we are on the rise to the moon.

meanwhile looking at the market, the Japanese are showing an extraordinary demand for bitcoin. currently 46% of the total volume comes from Japan in August alone. source: CryptoCompare

there is obviously an increased interest from investors in bitcoin instead of alternatives such as gold, stocks and bonds these days and that is growing fast.

read the article here: https://www.cnbc.com/2017/08/12/bitcoin-vaults-to-new-record-above-4k-boosted-by-japan-and-multiplying-its-value-fourfold.html

46 percent? That's an insane amount of volume they're pushing through their exchanges, what in the hell is pushing that kind of demand within Japan? Is it just speculation or is the Bitcoin economy really that alive within the asian island?

I feel worse that I wasn't dumping money into Bitcoin considering the recent market swing, maybe I should really start looking into it before the market explodes upwards. Very, very impressive to say the least. That's absolutely insane.

If there are any Japanese online right now, would you mind weighing in and giving your opinion as to what your thoughts on the reason for the demand being so high?

Pursuer

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with bitcoin price breaking the $4000 price barrier we are on the rise to the moon.

meanwhile looking at the market, the Japanese are showing an extraordinary demand for bitcoin. currently 46% of the total volume comes from Japan in August alone. source: CryptoCompare

there is obviously an increased interest from investors in bitcoin instead of alternatives such as gold, stocks and bonds these days and that is growing fast.

read the article here: https://www.cnbc.com/2017/08/12/bitcoin-vaults-to-new-record-above-4k-boosted-by-japan-and-multiplying-its-value-fourfold.html

Topic: bitcoin is outperforming everything and Japan is the lead - page 2. (Read 1079 times)