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Topic: Japan now #1 in volume - page 3. (Read 2251 times)

legendary
Activity: 1792
Merit: 1283
February 10, 2017, 12:33:37 PM
#15
That's pretty good news, at least it's better than China being #1 in volume.
Where did you find these stats btw and how is it compared to the US and Europe?
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
February 10, 2017, 12:09:06 PM
#14
I guess we are a few days from the "Fucking Japanese" posts then.  Roll Eyes
Wait isn't Japan part of China?
It almost ended up the other way round.



No, they are different countries, different path, different regulations, hopefully better than Chinese.
He was joking, why so serious? Wink
legendary
Activity: 1358
Merit: 1001
February 10, 2017, 11:59:22 AM
#13
It seems that Japan is now #1 in volume. China will start having less and less relevancy as other countries catch up in the importance of bitcoin. When this happens, we will see how 3 figures a BTC was always as cheap as hell. The days of chinese government backed price manipulation are numbered. PBOC trick to short the market is increasingly less effective as price recovers quickly. Shorters beware.

That's a good thing as long as their exchanges are regulated. Don't forget MtGox was located in Japan, and they dropped the ball in monitoring it.

But that was ages ago, at least in crypto time. Now after the three four years is not like wild west anymore.
hero member
Activity: 1036
Merit: 514
February 10, 2017, 11:16:29 AM
#12
It seems that Japan is now #1 in volume. China will start having less and less relevancy as other countries catch up in the importance of bitcoin. When this happens, we will see how 3 figures a BTC was always as cheap as hell. The days of chinese government backed price manipulation are numbered. PBOC trick to short the market is increasingly less effective as price recovers quickly. Shorters beware.
I would like to read some articles instead of judge just from another words (no offense).
May anyone share nice article regarding this news?
More and more countries regulated bitcoin transaction and people trust it as reliable investment, lead to increase in every section, adopters, price, market cap, stability. But, we will see it, how they continue to support bitcoin and grow with it.

I guess we are a few days from the "Fucking Japanese" posts then.  Roll Eyes
Wait isn't Japan part of China?
No, they are different countries, different path, different regulations, hopefully better than Chinese.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
February 10, 2017, 11:12:13 AM
#11
I guess we are a few days from the "Fucking Japanese" posts then.  Roll Eyes
Wait isn't Japan part of China?
Haha. You must be thinking of Hong Kong. lol!
They were the ones under British rule at one time.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
February 10, 2017, 11:10:13 AM
#10
I guess we are a few days from the "Fucking Japanese" posts then.  Roll Eyes
No not likely.
Even America respects the fact of their innovation in technology. Remember the 80's with their automotive industry. There was a movie made that I can't remember the name of right now. It was the one with either Steve Martin or John Candy one of those two.
And they are the creators of Sony and have innovative ideas coming out of every pore of their bodies so it was just a matter of time they caught on to bitcoin and will do something with it that will revolutionize the game concerning it entirely.
The only ones who will hate them for doing this would be the Chinese. It all goes back to the war that has always made them look like the inferior nation of the East.
hero member
Activity: 2016
Merit: 721
February 10, 2017, 11:09:10 AM
#9
I guess we are a few days from the "Fucking Japanese" posts then.  Roll Eyes
Wait isn't Japan part of China?
hero member
Activity: 1274
Merit: 622
February 10, 2017, 11:07:52 AM
#8
It seems that Japan is now #1 in volume. China will start having less and less relevancy as other countries catch up in the importance of bitcoin. When this happens, we will see how 3 figures a BTC was always as cheap as hell. The days of chinese government backed price manipulation are numbered. PBOC trick to short the market is increasingly less effective as price recovers quickly. Shorters beware.

I haven't managed to find any information confirming that. From what I found Chinese exchanges, okcoin, Bitfinex and btcchina are still surpassing others in trading volume. I checked Bitcoin trading volume in the last 3 days and also in the last 24h.
legendary
Activity: 868
Merit: 1006
February 10, 2017, 11:03:19 AM
#7
This means nothing honestly , Quoine is currently number #1 simply because the Chinese exchanges such as Huobi and OKCoin stopped the withdrawal and some operations and It's a matter of time till they start once again and they get their places back. Logically the volume comes from the countries that has the biggest mining farms and China still that country.

China will sooner or later stop being the number 1 place in the world, they will fuck it up. People will start hating the fact that they are obviously manipulating the price everytime we got close to $1000+

Other countries have a chance to invest in mining technology and outgame them. Also, the japanese are tired of their inflationary fiat currency disaster, so they can take the lead too by accepting bitcoin and forget about government crappycoin.

Also comparing the current situation with the 2013 situation is stupid.
legendary
Activity: 1568
Merit: 1031
February 10, 2017, 10:39:01 AM
#6
This means nothing honestly , Quoine is currently number #1 simply because the Chinese exchanges such as Huobi and OKCoin stopped the withdrawal and some operations and It's a matter of time till they start once again and they get their places back. Logically the volume comes from the countries that has the biggest mining farms and China still that country.
hero member
Activity: 1148
Merit: 504
February 10, 2017, 10:37:16 AM
#5
I guess we are a few days from the "Fucking Japanese" posts then.  Roll Eyes

If they start manipulating the price like China is doing, bet it will be. Now, I am too used swearing at china that it will take some learning curve to swear at japs  Grin
hero member
Activity: 1260
Merit: 524
February 10, 2017, 10:35:43 AM
#4
It seems that Japan is now #1 in volume. China will start having less and less relevancy as other countries catch up in the importance of bitcoin. When this happens, we will see how 3 figures a BTC was always as cheap as hell. The days of chinese government backed price manipulation are numbered. PBOC trick to short the market is increasingly less effective as price recovers quickly. Shorters beware.

It is good news as Chinese government is trying fully to downgrade the bitcoin price by taking lot of steps and regularizing the transactions and keeping track of all exchanges and limiting their transaction. Through which they are manipulating to downgrade the bitcoin price but japan and other country are ready to buy on downfall of bitcoin price and the price is getting stable.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
February 10, 2017, 10:32:17 AM
#3
It seems that Japan is now #1 in volume. China will start having less and less relevancy as other countries catch up in the importance of bitcoin. When this happens, we will see how 3 figures a BTC was always as cheap as hell. The days of chinese government backed price manipulation are numbered. PBOC trick to short the market is increasingly less effective as price recovers quickly. Shorters beware.

That's a good thing as long as their exchanges are regulated. Don't forget MtGox was located in Japan, and they dropped the ball in monitoring it.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
February 10, 2017, 10:30:04 AM
#2
I guess we are a few days from the "Fucking Japanese" posts then.  Roll Eyes
legendary
Activity: 1610
Merit: 1183
February 10, 2017, 10:27:27 AM
#1
It seems that Japan is now #1 in volume. China will start having less and less relevancy as other countries catch up in the importance of bitcoin. When this happens, we will see how 3 figures a BTC was always as cheap as hell. The days of chinese government backed price manipulation are numbered. PBOC trick to short the market is increasingly less effective as price recovers quickly. Shorters beware.
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