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Title: Japan is starting to love bitcoin again... Post by: LiteCoinGuy on April 09, 2016, 06:49:55 AM Title: Re: Japan is starting to love bitcoin again... Post by: setupbounds on April 09, 2016, 06:52:52 AM Japan is always been loving Bitcoin since the day it is started. It is infact the first country who openly accepts the bitcoins and hence you can give Japan Government and people credit for this. Credit for showing faith and trust in the future biggest currency while every other country has their reservations to promote the coins.
Title: Re: Japan is starting to love bitcoin again... Post by: OmegaStarScream on April 09, 2016, 07:11:51 AM Japan is always been loving Bitcoin since the day it is started. It is infact the first country who openly accepts the bitcoins and hence you can give Japan Government and people credit for this. Credit for showing faith and trust in the future biggest currency while every other country has their reservations to promote the coins. Probably not , what happened with Mt.gox really made Japan look to Bitcoin with another way . Title: Re: Japan is starting to love bitcoin again... Post by: Ardenyham on April 09, 2016, 11:23:32 AM japan always loved bitcoins
Title: Re: Japan is starting to love bitcoin again... Post by: CryingMidget on April 09, 2016, 11:30:21 AM Oh thats great from Japan, As a asian country member I really like appreciate it bro! I think Bitcoin is only solution for economic communism between all the countries. Hope for the best from the bitcoins soon. Title: Re: Japan is starting to love bitcoin again... Post by: Viviyang on April 09, 2016, 11:47:59 AM The old Mt Gox was based in Japan. Did it have anything to do with the Japanese people's love of innovation?
Title: Re: Japan is starting to love bitcoin again... Post by: Denker on April 09, 2016, 12:09:08 PM Yes we've seen this for a few weeks now.Positive news from the country of the rising sun on a regular basis.
It seems that Japan finally has overcome the Gox drama and is one of the countries moving ahead in terms of Bitcoin's acceptance.Awesome! Title: Re: Japan is starting to love bitcoin again... Post by: RoommateAgreement on April 09, 2016, 12:16:34 PM i remember there was a topic here a while ago talking about the Japanese thinking about announcing bitcoin officially as a currency. this might be as a result of that. and lets not forget about the upcoming halving and the price rise.
Title: Re: Japan is starting to love bitcoin again... Post by: Raja_MBZ on April 09, 2016, 01:00:46 PM Nice job, Japan! Hoping that most countries accept it as secondary currency. This currency could be more revolutionized, really, and for that, it needs help from developed countries.
Title: Re: Japan is starting to love bitcoin again... Post by: senyorito123 on April 09, 2016, 01:08:37 PM Nice job, Japan! Hoping that most countries accept it as secondary currency. This currency could be more revolutionized, really, and for that, it needs help from developed countries. Very good news for us also. Bitcoind is spreading now in japan And for now we are be lucky earner and luCky ones who knows bitcoin. I must say spreading bitcoin in japan is a good progress for bitcoin for keep spreading in whole world hopes it can get the attentiom of big companies and that is more exciting. Title: Re: Japan is starting to love bitcoin again... Post by: iv4n on April 09, 2016, 01:15:43 PM Has anyone read this https://www.theguardian.com/technology/2016/feb/25/japan-to-make-bitcoin-legal-currency (https://www.theguardian.com/technology/2016/feb/25/japan-to-make-bitcoin-legal-currency)
Japan recognize the future of bitcoin. My country, and many other countries are centuries behind them. Title: Re: Japan is starting to love bitcoin again... Post by: VanDeinsberg12 on April 09, 2016, 01:41:43 PM not surprising because , the bitcoin maker from Japan.trying to appreciate what made by citizens and it would be prudent.
Title: Re: Japan is starting to love bitcoin again... Post by: Raimonn on April 09, 2016, 02:03:05 PM If there is real interest about japan government to accept bitcoin as any other currency (as it appears on some newspapers) , could be that some investors from japan are taking positions on bitcoin investment.
Title: Re: Japan is starting to love bitcoin again... Post by: BiTZeD on April 09, 2016, 02:05:21 PM So the currency which has the more trading volume is the yen ? I have to say that it is a quite surprising thing that I just discovered. I always thought that the leading currency would be the yuan.
Title: Re: Japan is starting to love bitcoin again... Post by: gentlemand on April 09, 2016, 02:21:04 PM Has Japan ever loved Bitcoin? Despite the odd business based there I was under the impression that it had never really gotten anywhere. That's a surprising volume though.
Title: Re: Japan is starting to love bitcoin again... Post by: RealBitcoin on April 09, 2016, 02:22:12 PM The japanese YEN is a toilet paper covered in liquid shit, of course they love Bitcoin!
http://www.zerohedge.com/news/2016-02-22/there-will-be-hyperinflation-japanese-lawmaker-warns-kuroda-got-it-wrong-nirp Title: Re: Japan is starting to love bitcoin again... Post by: Red-Apple on April 09, 2016, 03:01:13 PM Has Japan ever loved Bitcoin? Despite the odd business based there I was under the impression that it had never really gotten anywhere. That's a surprising volume though. there was an article in the Guardian about the Japanese government arguing about making bitcoin a legal currency. i didn't follow up to see the result from the time i heard it 2 months ago but this might be a start for bigger things. http://www.theguardian.com/technology/2016/feb/25/japan-to-make-bitcoin-legal-currency Title: Re: Japan is starting to love bitcoin again... Post by: lexuz on April 09, 2016, 03:07:01 PM it's good news, i hope this news will affect to bitcoin and because japan market already wake up again it will slowly impact to the price rise.
Title: Re: Japan is starting to love bitcoin again... Post by: Slowturtleinc on April 09, 2016, 04:58:46 PM Could be a up tick before bitcoin gets regulated in Japan. Almost the same as Chinese money moving abroad with fear of corruption crackdown.
Title: Re: Japan is starting to love bitcoin again... Post by: Hashminers on April 09, 2016, 05:40:08 PM Asia has always been into bitcoin. More then europe and the us. what surprises me is that japan left the bitcoin scene. Since
they have been into bitcoin and the altcoins (MONA) for a long time now. Title: Re: Japan is starting to love bitcoin again... Post by: LiteCoinGuy on April 09, 2016, 06:13:28 PM Asia has always been into bitcoin. More then europe and the us. what surprises me is that japan left the bitcoin scene. Since they have been into bitcoin and the altcoins (MONA) for a long time now. Asia yes but Japan was pretty dead in the last years when it comes to bitcoin (gox not included). times are changing now. Title: Re: Japan is starting to love bitcoin again... Post by: franky1 on April 09, 2016, 07:15:34 PM not so much about japans love for bitcoin.
but the japanese yen just got weakened so people are moving their funds before things fall Title: Re: Japan is starting to love bitcoin again... Post by: btvGainer on April 09, 2016, 08:12:09 PM I hope other Asian countries especially India follow trend of Japanese love.According to one studies only 50,000 people use bitcoin in India.If they increases to only 1 million,which is 0.01 percent of population,bitcoin will touch $1000 within weeks
Title: Re: Japan is starting to love bitcoin again... Post by: bankingbtc on April 09, 2016, 08:18:41 PM asia likes bitcoin from day one, whole asia, but people notices only china, but japan likes bitcoin too and is pretty important for it, but anyway that is a pretty good news,more countries that loves bitcoin means higher price of bitcoin, and everyone likes high bitcoin price so that's okay! Title: Re: Japan is starting to love bitcoin again... Post by: BellaBitBit on April 09, 2016, 08:33:30 PM Good to see this and I usually count on Japan being a supporter of Bitcoin. Wait until they totally love it!
Title: Re: Japan is starting to love bitcoin again... Post by: Wapinter on April 09, 2016, 08:40:00 PM Given the fact that Satoshi is believed to be Japanese,it is no surprise that Japanese love bitcoin but as far as adoption and involvement is concerned,I think Chinese have out performed them
Title: Re: Japan is starting to love bitcoin again... Post by: Bit_Happy on April 09, 2016, 08:42:24 PM Sorry to be negative: Radiation from the fukushima disaster will bring cancer to the Bitcoin network. :o
In other news: How many Bitcoins will it take to clean this up? http://www.globalresearch.ca/articlePictures/fukushima_radiation_nuclear_fallout_map.jpg Title: Re: Japan is starting to love bitcoin again... Post by: calkob on April 09, 2016, 09:12:32 PM Yeah not sure how Mt Gox would have affected bitcoin in Japan but thankfully that is now resigned to history.
Title: Re: Japan is starting to love bitcoin again... Post by: maokoto on April 09, 2016, 10:03:47 PM Good for Japan and good for Bitcoin. Japanese are very tech people, and having them into Bitcoin is always some guarantee.
Title: Re: Japan is starting to love bitcoin again... Post by: Slowturtleinc on April 09, 2016, 10:16:32 PM http://www.theguardian.com/business/2016/apr/08/yen-us-dollar-deflation-bank-japan
Find it interesting that people use bitcoin in times of currency issue,imagine what will happen when more people adopt bitcoin as a serious avenue to put funds. Recall China gave us some serious spikes as well because of inflation issues. Title: Re: Japan is starting to love bitcoin again... Post by: dollarneed on April 09, 2016, 10:33:24 PM not surprising because , the bitcoin maker from Japan.trying to appreciate what made by citizens and it would be prudent. well how do you know that satoshi from japan? i mean real satoshias far as i know japan is a tech country, so everything about tech they will take a place ,so it's not suprising that there are more bitcoin adopter out there Title: Re: Japan is starting to love bitcoin again... Post by: quentincole32 on April 09, 2016, 11:14:01 PM Good for Japan and good for Bitcoin. Japanese are very tech people, and having them into Bitcoin is always some guarantee. japan know that bitcoin have better potential than yen,and might they relize that bitcoin will have brighter future.btw are you japanese maokoto?i wondering how bitcoin movement there?better than europe? Title: Re: Japan is starting to love bitcoin again... Post by: Bitcoinpro on April 09, 2016, 11:14:10 PM wheres the biggest exchanges? Title: Re: Japan is starting to love bitcoin again... Post by: TastyChillySauce00 on April 10, 2016, 01:07:56 AM not so much about japans love for bitcoin. best way for saving i'd say,exchange it to yen again when yen reached the lowest point,and then wait it till get back to the higher pointbut the japanese yen just got weakened so people are moving their funds before things fall seems like they're doing a trading didn't it Title: Re: Japan is starting to love bitcoin again... Post by: setupbounds on April 10, 2016, 02:10:39 AM not so much about japans love for bitcoin. but the japanese yen just got weakened so people are moving their funds before things fall Its not the japanese love for bitcoin nor the Yen got weakened, it the trust for the bitcoin which cause the people to invest in the bitcoins. I am sure Japan will be few of those countries where bitcoin is widely openly accepted. Title: Re: Japan is starting to love bitcoin again... Post by: pooya87 on April 10, 2016, 04:56:53 AM everybody is loving bitcoin these days, that is not a surprise at all. the halving is getting near and we are all expecting a big rise, there is not secret about that. the accumulating phase is nearing the end so the rise can begin.
Title: Re: Japan is starting to love bitcoin again... Post by: gkv9 on April 10, 2016, 07:07:11 AM everybody is loving bitcoin these days, that is not a surprise at all. the halving is getting near and we are all expecting a big rise, there is not secret about that. the accumulating phase is nearing the end so the rise can begin. True, they are seeing profits upcoming in the future and that's why they are starting to love it again as everyone loves BTC just because most people are intended towards making profits only and they just don't see it as a technology... Title: Re: Japan is starting to love bitcoin again... Post by: tobacco123 on April 10, 2016, 07:32:45 AM How about the Chinese? I didn't see on the list with BTC/RMB? Or maybe the Chinese are using USD or JPY or EUR??......
Title: Re: Japan is starting to love bitcoin again... Post by: hv_ on April 10, 2016, 07:48:03 AM The japanese YEN is a toilet paper covered in liquid shit, of course they love Bitcoin! http://www.zerohedge.com/news/2016-02-22/there-will-be-hyperinflation-japanese-lawmaker-warns-kuroda-got-it-wrong-nirp This holds for any of the majors. Check out the GBP is plumming hard those days as well. Stick to the 21 and 2100 1 BTC = 21Mio in any fiat... ;) Title: Re: Japan is starting to love bitcoin again... Post by: hv_ on April 10, 2016, 07:49:37 AM How about the Chinese? I didn't see on the list with BTC/RMB? Or maybe the Chinese are using USD or JPY or EUR??...... Look at the very bottom of the real web page. Exchanges with no fees are collected there... This here is very good for comparing the vols https://www.coinhills.com/market/btc-jpy https://www.coinhills.com/market/btc-cny https://www.coinhills.com/market/btc-usd https://www.coinhills.com/market/btc-eur https://www.coinhills.com/market/btc-gbp https://www.coinhills.com/market/btc-rub https://www.coinhills.com/market/btc-brl https://www.coinhills.com/market/btc-inr https://www.coinhills.com/market/btc-idr https://www.coinhills.com/market/btc-zar Title: Re: Japan is starting to love bitcoin again... Post by: Herbert2020 on April 10, 2016, 08:14:01 AM very interesting, it seems like yesterday when i read the article about Japan deciding to regulate bitcoin and make an official currency in the Guardian.
but i didn't thing that the effect of it would be felt this soon! Title: Re: Japan is starting to love bitcoin again... Post by: arwin100 on April 10, 2016, 09:49:18 AM very interesting, it seems like yesterday when i read the article about Japan deciding to regulate bitcoin and make an official currency in the Guardian. but i didn't thing that the effect of it would be felt this soon! I dont think it will be soon but it will be slowly be regulated in japan and that is very good new to us using bitcoin. We are slowly and rocking known globaly and user/stakers are increasing daily. Let see for future i will not surprise if bitcoin wi be use as payments in online shoppings. The bitcoin global spread contineus and i am very happy for this. Title: Re: Japan is starting to love bitcoin again... Post by: mobnepal on April 10, 2016, 10:06:08 AM Could be a up tick before bitcoin gets regulated in Japan. Almost the same as Chinese money moving abroad with fear of corruption crackdown. Yes same thing or regulation can happen to japan also but i don't think japanese government are not as strict as chinese one. But if the volume keep on rising and japanese trader also try to do money laundering in large volume. Than they may also get same strict money regulation.Title: Re: Japan is starting to love bitcoin again... Post by: lumeire on April 10, 2016, 10:08:33 AM very interesting, it seems like yesterday when i read the article about Japan deciding to regulate bitcoin and make an official currency in the Guardian. but i didn't thing that the effect of it would be felt this soon! Most likely this isn't it. They haven't done anything like that to funnel in volumes. IMO this is just the Japanese people getting bullish and moving on from the Gox incident. Title: Re: Japan is starting to love bitcoin again... Post by: relq on April 10, 2016, 10:12:13 AM Well, it's a good news then for bitcoins user. I hope this news will affect the price of bitcoins and make it increase. Actually i'm not see China, i thought China have a big bitcoin's user than japan.
Title: Re: Japan is starting to love bitcoin again... Post by: maku on April 10, 2016, 10:28:32 AM Probably not , what happened with Mt.gox really made Japan look to Bitcoin with another way . But Mt.Gox was not Japanese exchange - it was only company registered and conducting operations from Japan. You can't really blame country and link it with incompetence of Karpeles. If MtGox was running in my country I wouldn't change my mind about bitcoin after its collapse knowing more details about it. Title: Re: Japan is starting to love bitcoin again... Post by: yenxz on April 10, 2016, 12:05:50 PM again?i think japan never stop loving bitcoin,maybe they just more focus on bitcoin development and media never expose it,and i know japan have smart people,and its why some exchange keep in mind and increase bitcoin population there.
Title: Re: Japan is starting to love bitcoin again... Post by: Kprawn on April 10, 2016, 12:11:48 PM Could be a up tick before bitcoin gets regulated in Japan. Almost the same as Chinese money moving abroad with fear of corruption crackdown. Yes same thing or regulation can happen to japan also but i don't think japanese government are not as strict as chinese one. But if the volume keep on rising and japanese trader also try to do money laundering in large volume. Than they may also get same strict money regulation.The Japanese have adjusted their opinion on Bitcoin lately and they have worked on proper regulations to cover Bitcoin. I think this has put more of the public at ease after the whole Mt Gox affair and people have started to use Bitcoin again. The regulations is always a bit behind the technology and I think the Japanese have seen it's potential, but just built in some customer protection, to cover their ass. ::) Title: Re: Japan is starting to love bitcoin again... Post by: talkbitcoin on April 10, 2016, 12:38:35 PM i think this is just pre pump accumulation by the japanese people, they have sensed the rise is near and now are accumulating as much as they can before it actually happens. nothing strange either.
Title: Re: Japan is starting to love bitcoin again... Post by: Nahl on April 10, 2016, 03:04:48 PM i thought japan has loving bitcoin long time ago and they will not stopping to love bitcoin but i hope with these news will be good affect for bitcoin especially for the prices because i had really missed that bitcoin will reach to $500
Title: Re: Japan is starting to love bitcoin again... Post by: MFahad on April 10, 2016, 04:18:49 PM yes it is pleasure for japan, because japan government alow it is official currency, so no matter to disturb in bitcoins for japan's people.
otherwise bitcoin is first online popular currency , not for japan it is all over the world very famous online currency. Title: Re: Japan is starting to love bitcoin again... Post by: Gloiri on April 11, 2016, 11:33:08 AM Yeah the price is moving again and the stable is over. This attracted the people again. People are now going make some moves. They are going to look if they can buy some or sell some any time soon.
Title: Re: Japan is starting to love bitcoin again... Post by: pereira4 on April 11, 2016, 12:00:45 PM Ever country that is delaying his acceptance about Bitcoin is going to look idiotic in the future. Anyone that has some perspective would be pro-Bitcoin and would be researching it and trying to profit from it instead of attack Bitcoin and all crypto in general.
Title: Re: Japan is starting to love bitcoin again... Post by: ultimatesky on April 11, 2016, 02:01:45 PM I can understand why Japan is starting to love bitcoin again. The price stable is starting to be over and the price is changing. This is attracting more people to Bitcoin because people are now thinking about buying or selling coins.
Title: Re: Japan is starting to love bitcoin again... Post by: aso118 on April 11, 2016, 02:44:13 PM Probably not , what happened with Mt.gox really made Japan look to Bitcoin with another way . But Mt.Gox was not Japanese exchange - it was only company registered and conducting operations from Japan. You can't really blame country and link it with incompetence of Karpeles. If MtGox was running in my country I wouldn't change my mind about bitcoin after its collapse knowing more details about it. If it was registered in Japan, conducting operations from Japan, you can call it a Japanese exchange. Just because Mark Karpeles is not a Japanese citizen, you can't conclude that Gox wasn't a Japanese exchange. Title: Re: Japan is starting to love bitcoin again... Post by: RobinHoodster on April 13, 2016, 09:07:49 AM I can understand why Japan is starting to love bitcoin again. The price stable is starting to be over and the price is changing. This is attracting more people to Bitcoin because people are now thinking about buying or selling coins. Yeah with the price not changing for a long time people got tired of waiting and just did not pay any attention to Bitcoin any more. But with the price finally moving again people are coming back to Bitcoin. Title: Re: Japan is starting to love bitcoin again... Post by: Amph on April 13, 2016, 09:11:43 AM I can understand why Japan is starting to love bitcoin again. The price stable is starting to be over and the price is changing. This is attracting more people to Bitcoin because people are now thinking about buying or selling coins. the stability of the price at these lebvel is actually bad thing, it mean that there is no interest in bitcoin the stability should only occur with a much greater value not a 6-7B market cap Title: Re: Japan is starting to love bitcoin again... Post by: Kakmakr on April 20, 2016, 05:34:01 AM 还是天朝比较疯狂 Google translate = Compare crazy or heavenly ??? ??? ??? I would love to hear from the Japanese people themselves, and what their view is on this. How did the MtGox issue influence their governments opinion on Bitcoin? Did they change their opinion? They have always been at the front of new IT technology, so I should think that they would embrace Bitcoin, if it was not for the MtGox scandal. They also love to gamble, and this would be the ideal platform for them to take some risks, with the Yen price declining. ^smile^ Title: Re: Japan is starting to love bitcoin again... Post by: Boosterious on April 20, 2016, 05:40:17 AM very interesting, it seems like yesterday when i read the article about Japan deciding to regulate bitcoin and make an official currency in the Guardian. always interesting to read about bitcoin news in Japan,the media always give us good news from that country,but actually we dont know what excatly happen there,i wish japanese people will explain what really happen there.but i didn't thing that the effect of it would be felt this soon! Title: Re: Japan is starting to love bitcoin again... Post by: Enotche on April 20, 2016, 06:15:15 AM There is nothing surprising in this. Japan is a very advanced country, and it is peculiar to strive for something new and develop it. This became the cryptocurrency. And unlike some countries, Japan is not going to forbid every way, slander and discourage people from cryptocurrency.
http://www.engadget.com/2016/02/25/japan-bitcoin/ Title: Re: Japan is starting to love bitcoin again... Post by: BTCLovingDude on April 20, 2016, 07:02:21 AM very interesting, it seems like yesterday when i read the article about Japan deciding to regulate bitcoin and make an official currency in the Guardian. always interesting to read about bitcoin news in Japan,the media always give us good news from that country,but actually we dont know what excatly happen there,i wish japanese people will explain what really happen there.but i didn't thing that the effect of it would be felt this soon! it is always good to see these asian countries that are a lot more accepting towards any new technology not just bitcoin. first the Chinese people who have always been one of the biggest investors in crypto and now Japan is joining the party. Title: Re: Japan is starting to love bitcoin again... Post by: mkc on April 20, 2016, 07:05:52 AM I wonder if had anything to do with earthquake. Maybe no western union service, people have to use Bitcoin to move the money. This is positive for Bitcoin development.
I hate always associate Bitcoin with drug and shit. Title: Re: Japan is starting to love bitcoin again... Post by: Zaun on April 20, 2016, 07:31:13 AM Japan is always been loving Bitcoin since the day it is started. It is infact the first country who openly accepts the bitcoins and hence you can give Japan Government and people credit for this. Credit for showing faith and trust in the future biggest currency while every other country has their reservations to promote the coins. Yeah it is almost natural for the people from Japan to love Bitcoin. They are the first people to accept Bitcoin because the inventor of Bitcoin is from Japan. It is normal that Bitcoin has such an influence in Japan and on Japanese people. Title: Re: Japan is starting to love bitcoin again... Post by: target on April 20, 2016, 07:37:57 AM JPY should have start loving btc back then, its not too late though but yeah I guess Asians have now seen btc potential in the finance world. its where the future is going anyway./
They should also start manufacturing mining devices and set up mining companies as well. Title: Re: Japan is starting to love bitcoin again... Post by: Jasad on April 20, 2016, 10:57:33 AM JPY should have start loving btc back then, its not too late though but yeah I guess Asians have now seen btc potential in the finance world. its where the future is going anyway./ and asian people already knowing about that,start from china and Japan as peoneer in bitcoin world,nowdays they have so many mining companies and good exchange,this is will blowing up bitcoin in Asia,i wish all potential countries in Asia will make good move.They should also start manufacturing mining devices and set up mining companies as well. Title: Re: Japan is starting to love bitcoin again... Post by: bitcoinboy12 on April 20, 2016, 11:19:20 AM JPY should have start loving btc back then, its not too late though but yeah I guess Asians have now seen btc potential in the finance world. its where the future is going anyway./ and asian people already knowing about that,start from china and Japan as peoneer in bitcoin world,nowdays they have so many mining companies and good exchange,this is will blowing up bitcoin in Asia,i wish all potential countries in Asia will make good move.They should also start manufacturing mining devices and set up mining companies as well. Yep, Asia now is promoting Bitcoins more and more this days. Actually in Manila they are getting more commercialized. 711 stores which is a big convenience store line already allows transfers to coins.ph for your Bitcoins. Title: Re: Japan is starting to love bitcoin again... Post by: davinchi on April 20, 2016, 08:14:35 PM Your title includes the word 'again'.
I just would like to ask op, when did japan not liked bitcoins? They are pioneers of Bitcoins. It's not surprising that they love it AND they really should. Japan has contributed so much into the world and no one can stop them! (and nobody needs to). Title: Re: Japan is starting to love bitcoin again... Post by: Slowturtleinc on April 20, 2016, 08:39:56 PM Your title includes the word 'again'. I just would like to ask op, when did japan not liked bitcoins? They are pioneers of Bitcoins. It's not surprising that they love it AND they really should. Japan has contributed so much into the world and no one can stop them! (and nobody needs to). Sound a little defensive are you Japanese by any chance? Japan has been down this road before I believe and that is what he is referring to in the title. Not sure where you get the idea Japan loves bitcoin,they tend to lock things down rather then let anything grow. Japan still whales,Japan has a very closed migration policy and they also have one of the strictest import policies for food. So bitcoin being loved seems to be a push. Title: Re: Japan is starting to love bitcoin again... Post by: Lionidas on April 20, 2016, 08:43:33 PM Japanese people have always been warming up to technology and it's future innovative ways so this is no surprise. They will be the leader one day of bitcoin as China are usually thee labourers of the financial things and Japan just turns it around in their favour in the end.
Title: Re: Japan is starting to love bitcoin again... Post by: Slowturtleinc on April 20, 2016, 08:52:16 PM Japanese people have always been warming up to technology and it's future innovative ways so this is no surprise. They will be the leader one day of bitcoin as China are usually thee labourers of the financial things and Japan just turns it around in their favour in the end. Has this become some kind of propaganda thread for pro Japan. How are you guys making such blanket statements about Japan being number one in this field? This last thread I quote has a slight righteousness to it. Title: Re: Japan is starting to love bitcoin again... Post by: btvGainer on April 20, 2016, 09:04:59 PM I hope this adoption of bitcoin by Japanese give great boost to bitcoin price and it hits $1000 soon.I think more than convenience in spending,what attracts people to bitcoin is its price which most people believe can go as high as they can imagine
Title: Re: Japan is starting to love bitcoin again... Post by: alani123 on April 20, 2016, 09:13:26 PM The way Japanese people were introduced to bitcoin through mainstream media after the MtGox incident was just cruel. Their government back then was proposing about a global coalition to create laws in order to regulate bitcoin effectively. It's good that they seem to have abandoned that route for good now.
Title: Re: Japan is starting to love bitcoin again... Post by: wikenpp on April 20, 2016, 09:49:13 PM The way Japanese people were introduced to bitcoin through mainstream media after the MtGox incident was just cruel. Their government back then was proposing about a global coalition to create laws in order to regulate bitcoin effectively. It's good that they seem to have abandoned that route for good now. Yeah Gox did hurt bitcoin's reputation, although I am sure the media would have badmouthed bitcoin anyway. Good to see them crawling back, personally I don't like 1 country controlling most of the volume; pools and miners. Title: Re: Japan is starting to love bitcoin again... Post by: nanonymousx on April 21, 2016, 04:35:30 AM Gox hurt bitcoin's reputation, but did not hurt Japanese reputation. The founder of Gox is not Japanese. Japanese are always friendly and buy up everything, including bitcoin, I hope this time they will buy all coins.
Title: Re: Japan is starting to love bitcoin again... Post by: gtglener on April 21, 2016, 05:13:42 AM I wonder if had anything to do with earthquake. Maybe no western union service, people have to use Bitcoin to move the money. This is positive for Bitcoin development. I hate always associate Bitcoin with drug and shit. bitcoin is not associate with any drug and shit, these were only rumors which were there only for a little time, now no one is talking about that shit. Every bitcoin user who is aware with the feature of bitcoin are busy with it and are waiting for the interesting event of halving, they do not find any time for drugs etc. Title: Re: Japan is starting to love bitcoin again... Post by: Vaskiy on April 21, 2016, 07:07:28 AM I hope this adoption of bitcoin by Japanese give great boost to bitcoin price and it hits $1000 soon.I think more than convenience in spending,what attracts people to bitcoin is its price which most people believe can go as high as they can imagine I don't think that by adoption of Japanese the bitcoin price is going to hit some peaks. We can expect a huge price change during the time of halving which makes more users including Japanese to love bitcoin more and tend to adopt it very soon.Title: Re: Japan is starting to love bitcoin again... Post by: znickelbackz on April 21, 2016, 07:33:43 AM I wonder if had anything to do with earthquake. Maybe no western union service, people have to use Bitcoin to move the money. This is positive for Bitcoin development. I hate always associate Bitcoin with drug and shit. bitcoin is not associate with any drug and shit, these were only rumors which were there only for a little time, now no one is talking about that shit. Every bitcoin user who is aware with the feature of bitcoin are busy with it and are waiting for the interesting event of halving, they do not find any time for drugs etc. maybe it exists in the deepweb, even a common thing. i'm not sure, i have never entered deepweb before and i don't have plan to do that. bitcoin maybe associate with terrorists, assassins... Title: Re: Japan is starting to love bitcoin again... Post by: ElpadroBitcoin on April 21, 2016, 08:59:09 AM i remember there was a topic here a while ago talking about the Japanese thinking about announcing bitcoin officially as a currency. this might be as a result of that. and lets not forget about the upcoming halving and the price rise. \Yeah it is normal for the Japanese people to love Bitcoin because the inventor from Bitcoin is from Japan if I am correct. So Bitcoin has of course a bigger influence in Japan then on the rest of the world. Title: Re: Japan is starting to love bitcoin again... Post by: n0ne on April 21, 2016, 10:16:37 AM Japanese people have always been warming up to technology and it's future innovative ways so this is no surprise. They will be the leader one day of bitcoin as China are usually thee labourers of the financial things and Japan just turns it around in their favour in the end. As mentioned Japan is one of the country which has the capability to make innovative things. As a part in their technological advancement as well growth they have started loving bitcoin. Soon we can expect a government released digital coin in Japan. Title: Re: Japan is starting to love bitcoin again... Post by: Denker on April 24, 2016, 08:48:35 AM http://www.japantimes.co.jp/news/2016/03/04/business/tech/japan-oks-recognizing-virtual-currencies-similar-real-money/ (http://www.japantimes.co.jp/news/2016/03/04/business/tech/japan-oks-recognizing-virtual-currencies-similar-real-money/)
Quote Japan OKs recognizing virtual currencies as similar to real money The Cabinet on Friday approved a set of bills to help banking groups expand their information technology businesses and to recognize virtual currencies as having a function similar to real money. Under the revised banking bills, bank-holding companies will be able to acquire IT-related ventures. The move is aimed at promoting innovative financial services called “Fintech” and allowing banks to embark on new settlement systems and other businesses. The bills also include measures for helping regional banking groups consolidate their fund and system management more easily after realignment, as well as improve their business efficiency. The latest bills on virtual currencies recognize them as asset-like values that can be used in making payments and be transferred digitally. By requiring registration of exchanges that handle them and designating the Financial Services Agency as their regulator, the government hopes to prevent money laundering and enhance protection of the virtual currency users. Regulations on the virtual currencies were prompted by the Financial Action Task Force, who called for them in a report last year. The task force is an international body on countering money laundering and terrorist financing. The FSA began pondering the introduction of new rules after major bitcoin exchange Mt. Gox Co. abruptly shut down in 2014 after its former CEO admitted it had lost around ¥48 billion in assets. Bullish I would say! :) Title: Re: Japan is starting to love bitcoin again... Post by: LFC_Bitcoin on April 24, 2016, 10:51:02 AM Japan & China are key to bitcoin's future success, I really hope they start to integrate it more into mainstream payment methods soon.
Title: Re: Japan is starting to love bitcoin again... Post by: hv_ on April 24, 2016, 11:22:53 AM Japan & China are key to bitcoin's future success, I really hope they start to integrate it more into mainstream payment methods soon. India might take over all soon, once they spread it over all the unbanked .... Title: Re: Japan is starting to love bitcoin again... Post by: iram66680 on April 24, 2016, 12:05:05 PM Japan & China are key to bitcoin's future success, I really hope they start to integrate it more into mainstream payment methods soon. India might take over all soon, once they spread it over all the unbanked .... Title: Re: Japan is starting to love bitcoin again... Post by: talkbitcoin on April 24, 2016, 12:15:44 PM Japan & China are key to bitcoin's future success, I really hope they start to integrate it more into mainstream payment methods soon. India might take over all soon, once they spread it over all the unbanked .... bitcoin is starting to be loved all over the world. and this will only increase as the time passes and the price rises more. so it is only logical to assume all these [people] countries are trying to get on board with bitcoin before it is too late and they miss the chance of getting their hands on cheap coins. Title: Re: Japan is starting to love bitcoin again... Post by: qiwoman2 on April 24, 2016, 12:33:42 PM It's great to see more and more Japanese involved in Bitcoin. As Japan is a high tech country I am not surprised that Bitcoin is attractive. JAPAN is all about things Geeky so I would not expect anything less. ;)
Title: Re: Japan is starting to love bitcoin again... Post by: Kartikay on April 24, 2016, 12:40:49 PM Not only Japan, all the countries have started loving bitcoins more. It is more pronounced in Japan. Back in February speculations were there that Japanese Government might legalize bitcoins in their country. If it would happen than even more people would start earning and using bitcoins. :)
Title: Re: Japan is starting to love bitcoin again... Post by: KingdomHearts on May 01, 2016, 07:38:11 PM Japan starting love to bitcoin because they aware from about the importance and value of bitcoin , bitcoin are using maximum countries and and just modern people and modern countries knows about bitcoin .
Title: Re: Japan is starting to love bitcoin again... Post by: Viviyang on May 02, 2016, 06:12:32 AM It's great to see more and more Japanese involved in Bitcoin. As Japan is a high tech country I am not surprised that Bitcoin is attractive. JAPAN is all about things Geeky so I would not expect anything less. ;) The manufacturing business in Japan is not doing so well, so if it is doing well in the financial technology, it will revive Japan. Title: Re: Japan is starting to love bitcoin again... Post by: n0ne on May 02, 2016, 09:20:39 AM It's great to see more and more Japanese involved in Bitcoin. As Japan is a high tech country I am not surprised that Bitcoin is attractive. JAPAN is all about things Geeky so I would not expect anything less. ;) The manufacturing business in Japan is not doing so well, so if it is doing well in the financial technology, it will revive Japan. Already japan loves bitcoin. The above quote is not fair because Japan is leading in manufacturing industries. Also Japan is good in innovation. Title: Re: Japan is starting to love bitcoin again... Post by: BitcoinSupremo on May 02, 2016, 09:32:38 AM Bitcoin has great usage on Japan and China, but is more appealing to me is when India will go mainstream to promote it, lots of people there can't use paypal because of restriction of Paypal. I know there is Unocoin wallet who let them withdraw to their bank account, but still it needs massive promotion so many people who can't withdraw from paypal start using unocoin or any other payment processor which lets them withdraw bitcoin to their bank account.
Title: Re: Japan is starting to love bitcoin again... Post by: katrimans on May 25, 2016, 06:18:52 PM Japan & China are key to bitcoin's future success, I really hope they start to integrate it more into mainstream payment methods soon. Chinese used to get involved in bitcoins mostly. Title: Re: Japan is starting to love bitcoin again... Post by: Evildrum on May 25, 2016, 10:20:42 PM Japan realizes that the majority of the coins mined are by Chinese miners? :P
That in its self should cause Japan to hold up and wait things out. Title: Re: Japan is starting to love bitcoin again... Post by: katrimans on June 02, 2016, 04:38:09 PM So Japanis again gettin involved in buying selling bitcoin. that's great for Japan, that's great even whole asia I think, bitcoin price in Japan is also higher then USD it is 430$. not too much but yes. it deserve appreciation.
Title: Re: Japan is starting to love bitcoin again... Post by: StoreBit on June 02, 2016, 06:22:13 PM I think they are just supporting it. as the other peoples relating to other countries . we can every kind of people in bitcoin form. we can find muslims bhodest. crist and jewles so we can see it is not only related to japan but it is going to be the universal
Title: Re: Japan is starting to love bitcoin again... Post by: Cromvel on June 02, 2016, 06:42:00 PM Japanese are innovative people. They do understand that the future of currency and future as it is lies in the world wide web. They will do their best not to miss the Bitcoin train to prosperity and others should follow their example.
Title: Re: Japan is starting to love bitcoin again... Post by: MingLee on June 02, 2016, 07:08:01 PM I'm not surprised that Japan is starting to use Bitcoin more again, chances are by now a lot of people will have forgotten about Mt. Gox there and have been more focused on the recent performance of Bitcoin.
This is great news, because it means there is even more growth potential for the Bitcoin community, and not just a small spike that won't last. If Japan really gets interested, that's a big win. Title: Re: Japan is starting to love bitcoin again... Post by: NancyVPS on June 02, 2016, 07:10:03 PM Going to buy more bitcoin for making a profit. Bitcoin will touch $600
Title: Re: Japan is starting to love bitcoin again... Post by: Viviyang on June 12, 2016, 09:49:10 AM Going to buy more bitcoin for making a profit. Bitcoin will touch $600 You are absolutely right. The price of bitcoin is around $645 now. It might rise further before July. Title: Re: Japan is starting to love bitcoin again... Post by: rababo on June 12, 2016, 04:24:05 PM It's good to hear bitcoin is getting more known. That way a lot of people will use bitcoin and it can make bitcoin price go higher.
Japan has a lot of new innovations, maybe Japan will make new inovation with bitcoin as their idea. Title: Re: Japan is starting to love bitcoin again... Post by: CryptoBjorn on June 12, 2016, 05:08:15 PM It's good to hear bitcoin is getting more known. That way a lot of people will use bitcoin and it can make bitcoin price go higher. Japan has a lot of new innovations, maybe Japan will make new inovation with bitcoin as their idea. I am not sure how this is good. Monacoin used to be very popular (in Japan) but these days the value is decreased a lot. So yes some good news for bitcoins is good in general, but i don't see more people (the masses) being into bitcoin then before. It's just another cycle like with so many other things... Title: Re: Japan is starting to love bitcoin again... Post by: PsursV on June 16, 2016, 12:51:12 PM i think japan is always loving bitcoin. they are not hating it. i think they are giving support to bitcoin from begining. so we can say that they are nog loving bitcoin again but they are loving it from the start.
Title: Re: Japan is starting to love bitcoin again... Post by: hv_ on June 18, 2016, 01:23:58 PM Yeh, they need to hurry and try keeping up with Chinese friends or Japan and the rest of the world can only get whats left....
Title: Re: Japan is starting to love bitcoin again... Post by: Dr.Osh on June 18, 2016, 01:27:37 PM not only Japan, but many other countries began to accept bitcoin. but if the Japanese are beginning to accept bitcoin back, I think it would be really good, I mean it would have a positive impact on bitcoin, because doing so would have been very many countries began to emulate these countries, and start accepting bitcoin. I think this will make bitcoin prices rise
Title: Re: Japan is starting to love bitcoin again... Post by: Hirose UK on June 18, 2016, 02:22:45 PM Japan is always been loving Bitcoin since the day it is started. It is infact the first country who openly accepts the bitcoins and hence you can give Japan Government and people credit for this. Credit for showing faith and trust in the future biggest currency while every other country has their reservations to promote the coins. Yeah. Japan is good in technology, and now they adopt bitcoin technology in economic. hope the other countries will follow Japan's footstep Title: Re: Japan is starting to love bitcoin again... Post by: Nevis on June 19, 2016, 09:46:35 AM japan always loved bitcoins for me was 100 percent use bitcoin here in Japan, all I can say is 10 percent knows bitcoin here in Japan, I am here today because I want to deposit no case be allowed to store depotTitle: Re: Japan is starting to love bitcoin again... Post by: zodin on June 19, 2016, 01:27:49 PM japan always loved bitcoins for me was 100 percent use bitcoin here in Japan, all I can say is 10 percent knows bitcoin here in Japan, I am here today because I want to deposit no case be allowed to store depotTitle: Re: Japan is starting to love bitcoin again... Post by: 2double0 on June 19, 2016, 01:51:05 PM japan always loved bitcoins for me was 100 percent use bitcoin here in Japan, all I can say is 10 percent knows bitcoin here in Japan, I am here today because I want to deposit no case be allowed to store depotBitcoins are made to be loved, just because of their security features, and Japan loves security, so it is obvious that they will love bitcoins too. They are too much invested into bitcoins with much higher stops than we expect. Title: Re: Japan is starting to love bitcoin again... Post by: naidray on June 19, 2016, 07:25:50 PM japan always loved bitcoins for me was 100 percent use bitcoin here in Japan, all I can say is 10 percent knows bitcoin here in Japan, I am here today because I want to deposit no case be allowed to store depotTitle: Re: Japan is starting to love bitcoin again... Post by: star gold on June 19, 2016, 07:32:29 PM I think they are loving it from the start
Title: Re: Japan is starting to love bitcoin again... Post by: mindrust on June 19, 2016, 07:36:04 PM No surprises. Even "Satoshi" picked a nickname from Japanese. I don't know anything about it but maybe he is Japan too? Japanese money already doing well against US dollars anyways. Japanese people do not use bitcoin to gain profits. They use it for what it is intended, as a real money.
Title: Re: Japan is starting to love bitcoin again... Post by: raphma on June 19, 2016, 07:38:33 PM Do these exchanges have fee's? because if they dont, it would be easy to have fake volume numbers.
Does anybody here do trading in JPY exchanges? Title: Re: Japan is starting to love bitcoin again... Post by: yui on June 19, 2016, 07:39:23 PM japaneses will never get as many btc. they will bow to btc master
Title: Re: Japan is starting to love bitcoin again... Post by: noormcs5 on June 19, 2016, 10:29:01 PM If there is real interest about japan government to accept bitcoin as any other currency (as it appears on some newspapers) , could be that some investors from japan are taking positions on bitcoin investment. keeping in view of the bitcoins prices roaring at such high level, any government or individual can be temped to invest in this project and can get short term and long term profit from it. Title: Re: Japan is starting to love bitcoin again... Post by: X-ray on June 19, 2016, 10:35:37 PM No surprises. Even "Satoshi" picked a nickname from Japanese. I don't know anything about it but maybe he is Japan too? Japanese money already doing well against US dollars anyways. Japanese people do not use bitcoin to gain profits. They use it for what it is intended, as a real money. In my opinions, japan is start using bitcoin because the value of bitcoin is not domination by USD. it's different with Yenn japan,sometimes getting an effect from USD. and bitcoin is the fixed way for this problem.Title: Re: Japan is starting to love bitcoin again... Post by: Barbut on June 19, 2016, 11:02:16 PM No surprises. Even "Satoshi" picked a nickname from Japanese. I don't know anything about it but maybe he is Japan too? Japanese money already doing well against US dollars anyways. Japanese people do not use bitcoin to gain profits. They use it for what it is intended, as a real money. In my opinions, japan is start using bitcoin because the value of bitcoin is not domination by USD. it's different with Yenn japan,sometimes getting an effect from USD. and bitcoin is the fixed way for this problem.Some months ago they started to talk about it in their parliament, and as I know they talking seriously about legalization of btc. That can be good and bad thing in same moment. Probably there will be some new laws about it, and like always we will not like everything they set up. Generally its a good thing, I believe in future every country will accept btc. Title: Re: Japan is starting to love bitcoin again... Post by: sulendra12 on June 19, 2016, 11:24:14 PM I saw the article when japan make their altcoin a.k.a MUFG Coins (CMIIW)
They make this several days ago , they claimed this coin is same like Yen about price.. And that's why Japan start to love bitcoin.. Title: Re: Japan is starting to love bitcoin again... Post by: Woshib on June 19, 2016, 11:52:11 PM It is normal that Japan like Bitcoin, it is a very useful currency and that you can pay with it for things on the internet almost instantly, with low fees and you can use it internationally.
You should also know that Japan accepts these cryptocurrencies, so people use it. Title: Re: Japan is starting to love bitcoin again... Post by: groll on June 20, 2016, 01:01:38 AM Japan is always been loving Bitcoin since the day it is started. It is infact the first country who openly accepts the bitcoins and hence you can give Japan Government and people credit for this. Credit for showing faith and trust in the future biggest currency while every other country has their reservations to promote the coins. I totally agree with your reasons why Japan has loved bitcoin on the day bitcoin started. Japan is foremostly one of the biggest supplier of IT technology especially computers. Japan love robotics and been dealing with stockmarkets even their kids have been exposed to that trade early in their lives. Bitcoin in that case is no exception, Japan saw bitcoin as a futuristic mode of exchange and theres noway they will left it behind, they are a competitive country and bitcoin is already in their scope. Title: Re: Japan is starting to love bitcoin again... Post by: Hope International on June 20, 2016, 05:04:24 AM and when did they stop loving it.
Title: Re: Japan is starting to love bitcoin again... Post by: shinratensei_ on June 20, 2016, 05:12:02 AM No surprises. Even "Satoshi" picked a nickname from Japanese. I don't know anything about it but maybe he is Japan too? Japanese money already doing well against US dollars anyways. Japanese people do not use bitcoin to gain profits. They use it for what it is intended, as a real money. In my opinions, japan is start using bitcoin because the value of bitcoin is not domination by USD. it's different with Yenn japan,sometimes getting an effect from USD. and bitcoin is the fixed way for this problem.Some months ago they started to talk about it in their parliament, and as I know they talking seriously about legalization of btc. That can be good and bad thing in same moment. Probably there will be some new laws about it, and like always we will not like everything they set up. Generally its a good thing, I believe in future every country will accept btc. It's will give a more advantages for japan from using bitcoin and make legalization for this. In the future japan is not worried about fluctuation effect from another fiat currency for their currency. It's a good progress for japan. let's see what happen if japan makes a legalization for bitcoin. Title: Re: Japan is starting to love bitcoin again... Post by: ayesha sadiqa on June 20, 2016, 05:12:41 AM yes it is a fact they really start loving bitcoin again.
Title: Re: Japan is starting to love bitcoin again... Post by: Enotche on June 20, 2016, 06:35:09 AM Japan seeks to become a leader in the world fintech, just as it occupies a dominant position in the technology market. Japan Agency for financial services (FSA) has announced plans to lift restrictions to finteh companies. In May this year Parliament voted for the adoption of the law developed by the FSA, laying down the rules of operation for cryptocurrency exchanges.
Operators exchanges will now have to be licensed and ready for inspection by the FSA, which is authorized to supervise their work. That, however, is much more important, the law recognizes that virtual currency in its properties identical to normal. The new rules are designed to make the local economy friendly to foreign investors and companies. In addition, an affiliate deal with the startups blokchain "Chain" for prototype development platform for trading debt concluded Japan's largest bank Bank of Tokyo-Mitsubishi UFJ (MUFG). Finally, it should be noted, local start-ups and bitFlyer Zaif, which together raised $ 33 million investment and to stop there not intend to. Title: Re: Japan is starting to love bitcoin again... Post by: DomesticTrader on June 20, 2016, 06:46:19 AM No surprises. Even "Satoshi" picked a nickname from Japanese. I don't know anything about it but maybe he is Japan too? Japanese money already doing well against US dollars anyways. Japanese people do not use bitcoin to gain profits. They use it for what it is intended, as a real money. In my opinions, japan is start using bitcoin because the value of bitcoin is not domination by USD. it's different with Yenn japan,sometimes getting an effect from USD. and bitcoin is the fixed way for this problem.Some months ago they started to talk about it in their parliament, and as I know they talking seriously about legalization of btc. That can be good and bad thing in same moment. Probably there will be some new laws about it, and like always we will not like everything they set up. Generally its a good thing, I believe in future every country will accept btc. It's will give a more advantages for japan from using bitcoin and make legalization for this. In the future japan is not worried about fluctuation effect from another fiat currency for their currency. It's a good progress for japan. let's see what happen if japan makes a legalization for bitcoin. And the hard thing is that you cant know what will happen later and that is the problem. Title: Re: Japan is starting to love bitcoin again... Post by: CasioK on June 20, 2016, 12:32:05 PM No surprises. Even "Satoshi" picked a nickname from Japanese. I don't know anything about it but maybe he is Japan too? Japanese money already doing well against US dollars anyways. Japanese people do not use bitcoin to gain profits. They use it for what it is intended, as a real money. In my opinions, japan is start using bitcoin because the value of bitcoin is not domination by USD. it's different with Yenn japan,sometimes getting an effect from USD. and bitcoin is the fixed way for this problem.Some months ago they started to talk about it in their parliament, and as I know they talking seriously about legalization of btc. That can be good and bad thing in same moment. Probably there will be some new laws about it, and like always we will not like everything they set up. Generally its a good thing, I believe in future every country will accept btc. It's will give a more advantages for japan from using bitcoin and make legalization for this. In the future japan is not worried about fluctuation effect from another fiat currency for their currency. It's a good progress for japan. let's see what happen if japan makes a legalization for bitcoin. And the hard thing is that you cant know what will happen later and that is the problem. Title: Re: Japan is starting to love bitcoin again... Post by: ning_chang on June 20, 2016, 02:39:02 PM maybe learned to love them because the free bitcoin bitcoin just about those who would rather just not free just right? even if I know I'll have my money by BTC. I love to FOCUS, FOCUS far as i am bitcoin so that you have money
Title: Re: Japan is starting to love bitcoin again... Post by: ning_chang on June 20, 2016, 02:44:18 PM not surprising because , the bitcoin maker from Japan.trying to appreciate what made by citizens and it would be prudent. ahh. so you mean? japanese actually the first to make bitcoin? how could they have done it? im just wondering because of how they made it bitcoin program.Title: Re: Japan is starting to love bitcoin again... Post by: X-ray on June 20, 2016, 02:48:37 PM No surprises. Even "Satoshi" picked a nickname from Japanese. I don't know anything about it but maybe he is Japan too? Japanese money already doing well against US dollars anyways. Japanese people do not use bitcoin to gain profits. They use it for what it is intended, as a real money. In my opinions, japan is start using bitcoin because the value of bitcoin is not domination by USD. it's different with Yenn japan,sometimes getting an effect from USD. and bitcoin is the fixed way for this problem.Some months ago they started to talk about it in their parliament, and as I know they talking seriously about legalization of btc. That can be good and bad thing in same moment. Probably there will be some new laws about it, and like always we will not like everything they set up. Generally its a good thing, I believe in future every country will accept btc. It's will give a more advantages for japan from using bitcoin and make legalization for this. In the future japan is not worried about fluctuation effect from another fiat currency for their currency. It's a good progress for japan. let's see what happen if japan makes a legalization for bitcoin. And the hard thing is that you cant know what will happen later and that is the problem. Title: Re: Japan is starting to love bitcoin again... Post by: yayayo on June 20, 2016, 03:03:14 PM Japan seeks to become a leader in the world fintech, just as it occupies a dominant position in the technology market. Japan Agency for financial services (FSA) has announced plans to lift restrictions to finteh companies. In May this year Parliament voted for the adoption of the law developed by the FSA, laying down the rules of operation for cryptocurrency exchanges. Operators exchanges will now have to be licensed and ready for inspection by the FSA, which is authorized to supervise their work. That, however, is much more important, the law recognizes that virtual currency in its properties identical to normal. The new rules are designed to make the local economy friendly to foreign investors and companies. These are steps that facilitate fiat-BTC exchange businesses, because the legal framework under which they operate is now more clear. However it doesn't explain, why the Japanese people are interested in Bitcoin. I think it is possible that the extreme level of so called "quantitative easing" by the Bank of Japan finally generated skepticism among the population. Japan has an extreme amount of debt that is unlikely to be manageable in the long term. Protection against the country's default risk is certainly advisable. Since precious metals are not commonly available and given the extremely high affinity to technology of the Japanese, buying Bitcoin seems to be the most logical step in that regard. ya.ya.yo! Title: Re: Japan is starting to love bitcoin again... Post by: aso118 on June 20, 2016, 05:04:14 PM I always thought that japan made BTC because of the name Nakamoto it is fundamentally suggestive that it has been invented in that country. However this person is not identified let alone japan what they want to love. That is a red herring. People who analyzed Satoshi's writing style feel he is western-educated. Title: Re: Japan is starting to love bitcoin again... Post by: king1982 on June 20, 2016, 05:08:06 PM Japan people are so clever and they can know future easy because of they will newer stop to love bitcoins and they will use bitcoin and they will improve bitcoin to for future.
Title: Re: Japan is starting to love bitcoin again... Post by: serjent05 on June 20, 2016, 05:57:48 PM I think not only Japan :D People all over the world that is holding BTC starting to love BTC LOL . Well profit is good and heart welming, and the news that another country like Japan starting to love Bitcoin again, means Bitcoin is conquering more territory and recovering what they have lost. This is a great step in further stabilization of bitcoin value.
Title: Re: Japan is starting to love bitcoin again... Post by: Blackmet on June 20, 2016, 06:11:05 PM I heard that Japan is gonna make bitcoin legal currency in their country but i don't know theirs decision, japan is really making good future for bitcoin.
Title: Re: Japan is starting to love bitcoin again... Post by: BlueStackz on June 20, 2016, 06:37:16 PM Yes and soon all the countries will start loving and accepting bitcoins and bitcoin market and it's value will get more bigger and bigger in up coming days for sure and each bitcoiners (as well bitcoin merchants) will be benefited from that ;)
Title: Re: Japan is starting to love bitcoin again... Post by: sonnyacg on September 22, 2016, 03:12:57 AM The Japanese government approved Digital Money bitcoin. because it can accelerate the expansion of virtual Infrasturkur digital currency to a higher level compared to countries that still refuse Bitcoin, this benefit is approved also makes financial cost efficient because the Japanese people became increasingly differentiated runs Transfer intelligent automated systems and swift.
Title: Re: Japan is starting to love bitcoin again... Post by: pmstalk on September 22, 2016, 03:39:51 AM Japan is always been loving Bitcoin since the day it is started. It is infact the first country who openly accepts the bitcoins and hence you can give Japan Government and people credit for this. Credit for showing faith and trust in the future biggest currency while every other country has their reservations to promote the coins. This is very good sign of building & strengthening of bitcoins,japan is one most developed country in world in all respect & leading country in exports goods & services.In this way BTC having good opportunity to explore or bust in business sector.Title: Re: Japan is starting to love bitcoin again... Post by: SourThunder on September 22, 2016, 03:44:58 AM Wow good news Japan loves bitcoin again..
And good news for the price of bitcoin will rise Title: Re: Japan is starting to love bitcoin again... Post by: JITENDERPAR3 on September 22, 2016, 03:51:24 AM i will ask you how can you say that earliar bitcoin was hate by japan .because from the time i know about bitcoin , i know that japan loves bitcoon openly .
Title: Re: Japan is starting to love bitcoin again... Post by: marleybobthedog on September 22, 2016, 07:39:13 AM Well they might have seen something became of which they are falling back in love with bitcoin. Anyway it's a good news for us. Jesus if we get more user we will have more competition and clever trader could make much more profit
Title: Re: Japan is starting to love bitcoin again... Post by: Betwrong on September 22, 2016, 07:56:58 AM Well they might have seen something became of which they are falling back in love with bitcoin. Anyway it's a good news for us. Jesus if we get more user we will have more competition and clever trader could make much more profit I'm not sure about trading because from my experience it's not so easy to profit from it. Even if you are a clever trader it is very unlikely that you'd manage to get profit which is over 2% of invested money per day. Which means you should risk 1 BTC to get 0.02 BTC profit. Yes, you'd probably never lose the whole 1 BTC even in the worst case scenario, but to lose 0.1 BTC is easy because even established altcoins might have the volatility around 10% during a day. But I agree that overall it is a good news for Bitcoin holders because the more Bitcoin is accepted the higher the price of it in USD. Title: Re: Japan is starting to love bitcoin again... Post by: qiwoman2 on September 22, 2016, 09:33:16 AM I think it is good that more and more countries are gearing towards bitcoin again. Japan being a developed and technical country should be more involved in all things bitcoin as it has that kind of infrastructure to facilitate more of it's use generally speaking.
Title: Re: Japan is starting to love bitcoin again... Post by: myferrari on September 22, 2016, 10:52:12 AM Japan, China, USA, Russia are the main countries for bitcoin trading. It is not showing CNY volume, should be much higher than this Title: Re: Japan is starting to love bitcoin again... Post by: Rubberduckie on September 22, 2016, 12:04:06 PM I think it is good that more and more countries are gearing towards bitcoin again. Japan being a developed and technical country should be more involved in all things bitcoin as it has that kind of infrastructure to facilitate more of it's use generally speaking. Japan is crucial and a vital part of bitcoin in the future. They have always been a leader in electronics and adopting new ideas and adapting. Any time more countries get involved it's a good thing. Title: Re: Japan is starting to love bitcoin again... Post by: Pursuer on September 22, 2016, 12:17:59 PM with just a volume rise you can't conclude that they are starting to love bitcoin again. Japanese are one of those group of people that have always loved bitcoin and they never stopped loving it.
I even heard that they wanted to make it an official currency and let it be used just like their fiat, I don't have any update on the news though. but they have always been one of the pioneers in the technology scene and even ahead of other countries. |
