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Topic: Bitcoin Japanese exchanges increasing - page 5. (Read 3491 times)

sr. member
Activity: 600
Merit: 256
May 03, 2017, 07:21:58 AM
#8
This is just the beginning. The other countries are going to take notice of what the Japanese government did. I am sure that China and Russia are carefully studying the implications. And trust me, if China recognizes BTC, it is going to be huge.
hero member
Activity: 2660
Merit: 551
May 03, 2017, 06:30:29 AM
#7
This is actually a good development in the right direction and this is something I really clamour for and I see the effect from the news from the Chinese government having little or no effect on the price of bitcoin. It also shows that the popularity of bitcoin is getting to the point where it cannot be stopped and government that wants to stay relevant in this world of digital money will have to fall in line or fall out of place.

I also beleive this is good and could bring positive movements. Chinese domination will be weakened and new players on Bitcoin ma are always welcomed.
More countries that join bi train makes it more serious, addopted and with higher potential. Think this is going in good direction.

Correct. Japan already proved that they are really leading the revolution for bitcoin to be mass adopted globally. China influence has been dwindling and Japan is taken the lead now. I hope Japan can sustain in the long run so that other country will follow what they lead.

Domo arigato Japan!!!. Grin
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
May 03, 2017, 05:37:05 AM
#6
This is actually a good development in the right direction and this is something I really clamour for and I see the effect from the news from the Chinese government having little or no effect on the price of bitcoin. It also shows that the popularity of bitcoin is getting to the point where it cannot be stopped and government that wants to stay relevant in this world of digital money will have to fall in line or fall out of place.

I also beleive this is good and could bring positive movements. Chinese domination will be weakened and new players on Bitcoin ma are always welcomed.
More countries that join bi train makes it more serious, addopted and with higher potential. Think this is going in good direction.
hero member
Activity: 798
Merit: 503
May 03, 2017, 04:51:16 AM
#5
This is actually a good development in the right direction and this is something I really clamour for and I see the effect from the news from the Chinese government having little or no effect on the price of bitcoin. It also shows that the popularity of bitcoin is getting to the point where it cannot be stopped and government that wants to stay relevant in this world of digital money will have to fall in line or fall out of place.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
May 03, 2017, 04:22:59 AM
#4
The Japanese Bitcoin exchange market and industry have matured significantly over the past few months, to the point in which the country’s largest financial institutions and corporations have started to launch digital currency exchanges and trading platforms.

In fact, one month after Japan started recognizing Bitcoin as a method of payment, more than ten new companies in the country are reportedly applying to become Bitcoin exchanges. Meanwhile, institutional investors are increasingly gaining interest in the digital currency.

How many Japanese Bitcoin exchanges do you think will launch this year?


very good news, but your comment does not contain sufficient information. you are just making claims. for example i would love to see some links to these exchanges or some stats about them like how much volume they have been having in the past few months that you say the have been working

also starting a new exchange service doesn't mean anything. it just shows some people were looking for making more money so they started a new service. the important part is how much they are being used while there are already a couple of big Japanese exchanges available.
hero member
Activity: 1666
Merit: 753
May 03, 2017, 03:42:20 AM
#3
The Japanese Bitcoin exchange market and industry have matured significantly over the past few months, to the point in which the country’s largest financial institutions and corporations have started to launch digital currency exchanges and trading platforms.

In fact, one month after Japan started recognizing Bitcoin as a method of payment, more than ten new companies in the country are reportedly applying to become Bitcoin exchanges. Meanwhile, institutional investors are increasingly gaining interest in the digital currency.

How many Japanese Bitcoin exchanges do you think will launch this year?


Not surprising at all as bitcoin was officially recognized this year in Japan.

I would say that at least 2-3 more new exchanges that will turn out to be long term projects will come out this year in Japan. And that's pretty conservative, since bitcoin price is going up and that brings a lot more media publicity, and more entrepreneurs will take time to look at bitcoin and see that there is potential in launching a local trading platform.

However I do see that trading is going P2P, so platforms like LBC will probably thrive.
hero member
Activity: 490
Merit: 501
May 03, 2017, 03:37:39 AM
#2
This is a very good development for Bitcoin. Aside from China, the country of Japan can become one of the top and biggest markets for cryptocurrencies. And as a chain reaction, I am sure that "investors" would also be looking at other coins aside from Bitcoin.

I love to hear news like this because it is not good that China has become like the controlling power for Bitcoin...we should be aiming for a global and balanced distribution of Bitcoin ownership so no country can easily hijacked the said asset for any underlying reason given. 

Japanese are known to be good savers and now they have an additional choice of putting their money in Bitcoin for good returns compared to traditional banking though it can be carrying more associated risks.
newbie
Activity: 2
Merit: 0
May 03, 2017, 03:28:46 AM
#1
The Japanese Bitcoin exchange market and industry have matured significantly over the past few months, to the point in which the country’s largest financial institutions and corporations have started to launch digital currency exchanges and trading platforms.

In fact, one month after Japan started recognizing Bitcoin as a method of payment, more than ten new companies in the country are reportedly applying to become Bitcoin exchanges. Meanwhile, institutional investors are increasingly gaining interest in the digital currency.

How many Japanese Bitcoin exchanges do you think will launch this year?
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