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Topic: effect of Japan on bitcoin price speculation - page 4. (Read 2868 times)

newbie
Activity: 55
Merit: 0
Japan's interest in Bitcoin is not because of olympics. I think it's because of power war between China and Japan.

China controls majority of Bitcoin, Japan might be want to shift the power to their country.
hero member
Activity: 1008
Merit: 520
Undeads.com - P2E Runner Gamem
after japan regulated bitcoin, not effect to bitcoin price
bitcoin price is stable with rank 1180 - 1220 dollar every one bitcoin
but volume transaction bitcoin in japan exchanger incraese
member
Activity: 106
Merit: 10
I don't see any topics about this so here we go.

according to coinmarketcap.com when you sort the table based on volume, among the top 10 exchanges sorted by daily volume you can see 4 of them are BTC/JPY markets with a total of $36,444,090 volume currently for the past 24 hours.
although 3 of them have an * above them which can mean there is no fee (or some other thing) on these exchanges.

apart from high trade volume my main subject is the fact that Japan recently adopted bitcoin on a massive scale since it is now legal and a legit currency.

so what do we expect from all this in short or long term.

well it seems like they will keep adding positive value to bitcoin.

as far as i know, a lot of people in japan still use mostly cash for payments, so any digital payment could be huge in japan because compared to cash it's much more convenient.

this is true. I believe japan is preparing for the 2020 olympics as they will be hosting it. foreingers coming to watch the olympics may not have japanese currency but they might have bitcoin by then.
legendary
Activity: 1106
Merit: 1005
I don't see any topics about this so here we go.

according to coinmarketcap.com when you sort the table based on volume, among the top 10 exchanges sorted by daily volume you can see 4 of them are BTC/JPY markets with a total of $36,444,090 volume currently for the past 24 hours.
although 3 of them have an * above them which can mean there is no fee (or some other thing) on these exchanges.

apart from high trade volume my main subject is the fact that Japan recently adopted bitcoin on a massive scale since it is now legal and a legit currency.

so what do we expect from all this in short or long term.

well it seems like they will keep adding positive value to bitcoin.

as far as i know, a lot of people in japan still use mostly cash for payments, so any digital payment could be huge in japan because compared to cash it's much more convenient.
hero member
Activity: 924
Merit: 512
I don't see any topics about this so here we go.

according to coinmarketcap.com when you sort the table based on volume, among the top 10 exchanges sorted by daily volume you can see 4 of them are BTC/JPY markets with a total of $36,444,090 volume currently for the past 24 hours.
although 3 of them have an * above them which can mean there is no fee (or some other thing) on these exchanges.

apart from high trade volume my main subject is the fact that Japan recently adopted bitcoin on a massive scale since it is now legal and a legit currency.

so what do we expect from all this in short or long term.

I am always surprised that Bitcoin has rebounded in Japan, after the Mt Gox fiasco. Increased regulation means that the government has learnt its lessons. Japan is after all the world's fourth largest economy and increased adoption in Japan is good for the world.

Japan is a country which spends lot on research before implementation. Now here too the same has been found effective, that's the reason it's been officially accepted and regulated by the government. As one among the top economy standing for bitcoin is a positive sign of bitcoin adoption in more countries.

Japanese Government started accepting bitcoin in their country. Its because Japanese planned to tie the relationship with Russia and support bitcoin. Therefore, US Government using bitcoin via International corporates from USA and accepting bitcoin. Actually there is plan is moving fight for bitcoin to be a national currency of their sister country.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
apart from high trade volume my main subject is the fact that Japan recently adopted bitcoin on a massive scale since it is now legal and a legit currency.
I'm not sure what you're on about here.  There are quite a lot of topics about Japan, but the reason it's not completely dominating the whole forum is because it's not actually that relevant.

The amount of real adoption isn't going to be that high.  While Japan is very good at pioneering technology, the government has basically just legalised it and accepted that it has the properties of a currency, which could be said of a lot of things.  The way that it's being phrased by some people implies that stores are accepting it as if it's fiat, but in reality very few stores are actually accepting it yet.

If the price rises from it, it'll either be from adoption in the future when knowledge of this has matured and stores accept it more or it'll just be from speculation about people adopting it in the future (from people like you who are too optimistic).

hero member
Activity: 994
Merit: 502
I don't see any topics about this so here we go.

according to coinmarketcap.com when you sort the table based on volume, among the top 10 exchanges sorted by daily volume you can see 4 of them are BTC/JPY markets with a total of $36,444,090 volume currently for the past 24 hours.
although 3 of them have an * above them which can mean there is no fee (or some other thing) on these exchanges.

apart from high trade volume my main subject is the fact that Japan recently adopted bitcoin on a massive scale since it is now legal and a legit currency.

so what do we expect from all this in short or long term.

I am always surprised that Bitcoin has rebounded in Japan, after the Mt Gox fiasco. Increased regulation means that the government has learnt its lessons. Japan is after all the world's fourth largest economy and increased adoption in Japan is good for the world.

Japan is a country which spends lot on research before implementation. Now here too the same has been found effective, that's the reason it's been officially accepted and regulated by the government. As one among the top economy standing for bitcoin is a positive sign of bitcoin adoption in more countries.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
I don't see any topics about this so here we go.

according to coinmarketcap.com when you sort the table based on volume, among the top 10 exchanges sorted by daily volume you can see 4 of them are BTC/JPY markets with a total of $36,444,090 volume currently for the past 24 hours.
although 3 of them have an * above them which can mean there is no fee (or some other thing) on these exchanges.

apart from high trade volume my main subject is the fact that Japan recently adopted bitcoin on a massive scale since it is now legal and a legit currency.

so what do we expect from all this in short or long term.

I am always surprised that Bitcoin has rebounded in Japan, after the Mt Gox fiasco. Increased regulation means that the government has learnt its lessons. Japan is after all the world's fourth largest economy and increased adoption in Japan is good for the world.
legendary
Activity: 1596
Merit: 1011
I don't see any topics about this so here we go.

according to coinmarketcap.com when you sort the table based on volume, among the top 10 exchanges sorted by daily volume you can see 4 of them are BTC/JPY markets with a total of $36,444,090 volume currently for the past 24 hours.
although 3 of them have an * above them which can mean there is no fee (or some other thing) on these exchanges.

apart from high trade volume my main subject is the fact that Japan recently adopted bitcoin on a massive scale since it is now legal and a legit currency.

so what do we expect from all this in short or long term.
you did not feel it right away. let's see now, the Japanese started as a country that adopts bitcoin. it can make other countries to adopt bitcoin interested too. it takes a long time to see any significant change, but now we have started to create a better future. a future that includes a bitcoin into a currency that is recognized by the whole world.
legendary
Activity: 1946
Merit: 1137
I don't see any topics about this so here we go.

according to coinmarketcap.com when you sort the table based on volume, among the top 10 exchanges sorted by daily volume you can see 4 of them are BTC/JPY markets with a total of $36,444,090 volume currently for the past 24 hours.
although 3 of them have an * above them which can mean there is no fee (or some other thing) on these exchanges.

apart from high trade volume my main subject is the fact that Japan recently adopted bitcoin on a massive scale since it is now legal and a legit currency.

so what do we expect from all this in short or long term.
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