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Topic: Money Is Literally Pouring Into Bitcoin - page 2. (Read 1052 times)

hero member
Activity: 700
Merit: 500
More and more countries are legalizing btc so people are buying it.


A lot of people don't realize this, but the reason other countries didn't have many average people buy bitcoin is due to their law structure and their norms.

The example is that in USA if there is no law one way or the other, it is reasonable to assume you are allowed to do something until a law is put forward, and that you likely would not be charged for something you did while there was no specific law on that thing.. Btc didn't have any rulings on it for awhile, yet we are all perfectly content to invest into it amd use the system. We know that we will largely not get into trouble by using it.

Other countries are the opposite. Average people there will not use bitcoin because they wait for a law to be made so they do not get into trouble. Many countries operate this way so that is why we will continue to see money poured into btc. More and more countries are giving legal rulings and that signals average people they are ok and will not be breaking law.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
this makes me regret everytime i sold a BTC  Tongue
Ditto but that line of thinking will get you down in the dumps real quick.  I'm more interested in knowing where this money is coming from, because it certainly is obvious that it's pouring in (though not literally).  You think it's Japan?   I'm thinking it's from all over, but I don't have any proof.   This is big bucks that drove the price to almost $2400...not likely to be a small country like Japan.
I read yesterday that Bitcoin brokers are struggling to supply coins for the fresh demand. That was from the Netherlands so I think this is all over the world.
full member
Activity: 270
Merit: 100
this makes me regret everytime i sold a BTC  Tongue
Ditto but that line of thinking will get you down in the dumps real quick.  I'm more interested in knowing where this money is coming from, because it certainly is obvious that it's pouring in (though not literally).  You think it's Japan?   I'm thinking it's from all over, but I don't have any proof.   This is big bucks that drove the price to almost $2400...not likely to be a small country like Japan.

High volume coming from Japan and Korea recently but yeah its everyone from the world buying a little at a time  Grin
sr. member
Activity: 1190
Merit: 306
this makes me regret everytime i sold a BTC  Tongue
Ditto but that line of thinking will get you down in the dumps real quick.  I'm more interested in knowing where this money is coming from, because it certainly is obvious that it's pouring in (though not literally).  You think it's Japan?   I'm thinking it's from all over, but I don't have any proof.   This is big bucks that drove the price to almost $2400...not likely to be a small country like Japan.
full member
Activity: 270
Merit: 100
this makes me regret everytime i sold a BTC  Tongue
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
https://techcrunch.com/2017/05/24/naspers-coins-ph-unbanked-bitcoin-fintech/

No wonder the Asian markets are going through the roof. This is last chance to jump on the moonship. 🚀 🌖
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