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Topic: Japan and the United States equaled the volume of bitcoin trades - page 2. (Read 861 times)

hero member
Activity: 2632
Merit: 833
Statistics shows that the trading volume in dollars and yen higher than ever, but some believe that these figures should be taken in excess. For example, when China dominated the bitcoin market, this is due to the fact that the trading platform is allowed to trade without fees, which dramatically increased the volume of sales in RMB. Because Chinese exchanges added to the Commission, the trade volume of BTC / CNY in China fell. One of the advantages of a Japanese bitcoin trading is the fact that Japanese stocks do not charge commissions for transactions. It's a little alarming skeptics, since statistics JPY / BTC can be inflated for this reason.

Don't compare Chinese and Japanese market in terms of volume. Japan now is dominating the trading volumes as much 50%. Followed by USA. No fake volumes going on. Bitcoin ecosystem has been flourishing with a lot of money now specially coming from the Japan. We have to remember that Japan has a lot of money and it makes sense to them to just put in it bitcoin ecosystem since it is already a legal tender to them.
legendary
Activity: 1372
Merit: 1252
Statistics shows that the trading volume in dollars and yen higher than ever, but some believe that these figures should be taken in excess. For example, when China dominated the bitcoin market, this is due to the fact that the trading platform is allowed to trade without fees, which dramatically increased the volume of sales in RMB. Because Chinese exchanges added to the Commission, the trade volume of BTC / CNY in China fell. One of the advantages of a Japanese bitcoin trading is the fact that Japanese stocks do not charge commissions for transactions. It's a little alarming skeptics, since statistics JPY / BTC can be inflated for this reason.


It's clear that we are seeing new flows of money, forget about the usual suspects, we are seeing brand new people coming into the crypto bandwagon. People want to get rich quick and they see crypto as a booming industry so they are starting to buy and hold coins. All the altcoins are on the green too, sometimes they dip as BTC rises, but usually you can say new money is coming in. We'll see if this is a bubble or not.
member
Activity: 84
Merit: 10
Statistics shows that the trading volume in dollars and yen higher than ever, but some believe that these figures should be taken in excess. For example, when China dominated the bitcoin market, this is due to the fact that the trading platform is allowed to trade without fees, which dramatically increased the volume of sales in RMB. Because Chinese exchanges added to the Commission, the trade volume of BTC / CNY in China fell. One of the advantages of a Japanese bitcoin trading is the fact that Japanese stocks do not charge commissions for transactions. It's a little alarming skeptics, since statistics JPY / BTC can be inflated for this reason.
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