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Topic: Japanese Internet Giant GMO is Launching a New Bitcoin Exchange (Read 1138 times)

hero member
Activity: 1176
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It´s interesting to note that many of these exchanges are not open by ordinary people but by large companies that decide to invest in Bitcoin, even a major Japanese bank will open an exchange. There are also more and more millionaires who recognize investing in bitcoin and cryptocoins. It will be interesting to see if the Japanese example extends over time to other countries. We will also have to see if big companies set their sights on mining.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
I think this are the points which will be benefited by the japanese exchange as they will perform legally with full transparency so that their should not be any exchange scam.

Obviously exchanges front running and faking trades are taken care of. But I'm wondering whether they'll treat the trading as akin to stock markets or forex. I assume forex in which case their users will still be able to pump and dump with impunity if the laws are like most other places.
legendary
Activity: 1190
Merit: 1002
It is really a great news as this will be official Bitcoin exchange where we can expect that this exchange will be fair and not like chinese exchange where they manipulated the price with bogus trades.

This is an interesting point. I know that they've now legitimised it in Japan. Does that also mean that Bitcoin trading is now subject to regular trading laws such as their stock markets would be?

I think this are the points which will be benefited by the japanese exchange as they will perform legally with full transparency so that their should not be any exchange scam.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
It is really a great news as this will be official Bitcoin exchange where we can expect that this exchange will be fair and not like chinese exchange where they manipulated the price with bogus trades.

This is an interesting point. I know that they've now legitimised it in Japan. Does that also mean that Bitcoin trading is now subject to regular trading laws such as their stock markets would be?
sr. member
Activity: 882
Merit: 297
It is really a great news as this will be official Bitcoin exchange where we can expect that this exchange will be fair and not like chinese exchange where they manipulated the price with bogus trades.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
Japan is really taking the bitcoin seriously, as I would expect of them. So is the new exchange is open, that just might bump bitcoins price up, right?

Source. Let's see, they may do a good job. Always good to see new exchanges, especially in Japan and after all that happened throughout the years.

Thank you for adding the source,

China and India needs some homework to do, even they most admit now they can't hide anymore.
It's here, it's not going away. Never, Bitcoin will be here. Bitcoin is our next pay system.


Well China is the leader in bitcoin mining,yes? Tho, I don't know what's India doing at the moment.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
This is one example that proves bitcoin is no longer a virtual coin used by few tech savvy people. Millionaires and billionaires are trying to capitalize on booming crypto industry, more and more bitcoin exchange platform will keep on poping out in future. Hope they will open their doors open for international traders too.

Correct and with that, those people here that are having problems to how they could buy or sell bitcoin will feel at ease. Specially if those big companies will open up branches even in other countries.
I hope it is not just Japan but even those small countries they could provide one local wallet exchange that will give them an easier option to where they could buy and sell it. Something like a bank connected wallet or an ATM machine for them.
sr. member
Activity: 323
Merit: 259
Japanese internet conglomerate GMO Internet Co., Ltd is launching a bitcoin trading platform on May 24th. The internet giant is one of many Japanese companies looking to capitalize on booming demand for digital currencies in the world’s biggest bitcoin trading market.

Because, Bitcoin is BOOMING! BTCBTCBTCBTCBTCBTCBTCBTCBTC

Great news!
A giant step, by a giant company and by a giant economic country to our bitcoin world.
I Hope it will take bitcoin one step ahead and reach many more people to engage themselves.

But security & trust matters.. I hope they will be enough prepared for it.


Your reaction made me smile !
Yes this is a Giant step ( for all of us )
sr. member
Activity: 434
Merit: 250
This will probably increase volume by quite a bit.
Bigger demand should mean an increase in price.
The question is by how much, and if any of the current rise in price is speculation of future use, or actual current demand.
newbie
Activity: 9
Merit: 0
Japanese internet conglomerate GMO Internet Co., Ltd is launching a bitcoin trading platform on May 24th. The internet giant is one of many Japanese companies looking to capitalize on booming demand for digital currencies in the world’s biggest bitcoin trading market.

Because, Bitcoin is BOOMING! BTCBTCBTCBTCBTCBTCBTCBTCBTC


Its actually a good thing that this is happening and that those who have predicted the death of bitcoin several times with facts and figures based on their imaginations will have to start a rethink on the position they have hold so dearly. Its high time countries begin to understand that the future is crypto and if they are not ready to join in, they should better give way.
Would too much regulation affect the fluidity and anonymity of BTC?
hero member
Activity: 1498
Merit: 596
Japanese internet conglomerate GMO Internet Co., Ltd is launching a bitcoin trading platform on May 24th. The internet giant is one of many Japanese companies looking to capitalize on booming demand for digital currencies in the world’s biggest bitcoin trading market.

Because, Bitcoin is BOOMING! BTCBTCBTCBTCBTCBTCBTCBTCBTC

Great news!
A giant step, by a giant company and by a giant economic country to our bitcoin world.
I Hope it will take bitcoin one step ahead and reach many more people to engage themselves.

But security & trust matters.. I hope they will be enough prepared for it.
sr. member
Activity: 371
Merit: 250
Bump. Japanese Exchange platorms generally coming with extremely high bitcoin volumes which could mean more price increase in 2017 year. Let's wait what GMO will do. Share the updates please.
hero member
Activity: 1148
Merit: 504
I hope this one have better security and cannot be hacked or else we are just adding new problems to exchanges getting emptied by hacker. Japan is really getting into bitcoin and this is good news to crypto users.
sr. member
Activity: 476
Merit: 254
Japanese internet conglomerate GMO Internet Co., Ltd is launching a bitcoin trading platform on May 24th. The internet giant is one of many Japanese companies looking to capitalize on booming demand for digital currencies in the world’s biggest bitcoin trading market.

Because, Bitcoin is BOOMING! BTCBTCBTCBTCBTCBTCBTCBTCBTC


Its actually a good thing that this is happening and that those who have predicted the death of bitcoin several times with facts and figures based on their imaginations will have to start a rethink on the position they have hold so dearly. Its high time countries begin to understand that the future is crypto and if they are not ready to join in, they should better give way.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
I wonder who they're recruiting for their security. Let's hope it's beyond top notch as no doubt an army of Russian brats will be devoting every hour of every day to emptying it.
sr. member
Activity: 323
Merit: 259
Source. Let's see, they may do a good job. Always good to see new exchanges, especially in Japan and after all that happened throughout the years.

Thank you for adding the source,

China and India needs some homework to do, even they most admit now they can't hide anymore.
It's here, it's not going away. Never, Bitcoin will be here. Bitcoin is our next pay system.

legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
Japanese internet conglomerate GMO Internet Co., Ltd is launching a bitcoin trading platform on May 24th. The internet giant is one of many Japanese companies looking to capitalize on booming demand for digital currencies in the world’s biggest bitcoin trading market.

Because, Bitcoin is BOOMING! BTCBTCBTCBTCBTCBTCBTCBTCBTC

it's about time they are looking into this, they have a very large volume, and they need other exchange to spread better the volume, i hope this exchange will accept many currency and not just bitcoin
legendary
Activity: 1512
Merit: 1012
Source. Let's see, they may do a good job. Always good to see new exchanges, especially in Japan and after all that happened throughout the years.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Japanese internet conglomerate GMO Internet Co., Ltd is launching a bitcoin trading platform on May 24th. The internet giant is one of many Japanese companies looking to capitalize on booming demand for digital currencies in the world’s biggest bitcoin trading market.

Because, Bitcoin is BOOMING! BTCBTCBTCBTCBTCBTCBTCBTCBTC

Looks like they don't want to miss the train. Seems like great business sense to me, well done to them. They will be rewarded handsomely.
hero member
Activity: 1036
Merit: 504
This is excellent news for the wider adoption of Bitcoin across the board. I am happy our Japanese Neighbors are adopting Bitcoin on many levels and this will bring wider appeal and I read the news this morning in an article on cryptocompare.
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