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Japan continues to lead in Bitcoin trading, guess japan is hope for the future of cryptocurrencies ;

https://blog.eth-price.com/2017/08/10/japan-korea-bitcoin-trading/

I'm sure, because japan has adopted bitcoin, and has legalized it

After all the regulations from the Chinese central bank,i guess that most of the traders with accounts in chinese cryptocurrency exchange platforms moved their cryptos to Japan + more and more japanese started buying due to the btc adoption.
I`m wondering about this.Is China still the number one country  for cryptocurrency mining?
Perhaps they mine bitcoins and sell them to the japanese.
China is not the world leader in crypto trading anymore and this is good news.
There were so many people here asking "Is China manipulating bitcoin?"The answer is NO.
Anyway.The future of cryptocurrencies is in Asia for sure. ;D

I agree with you . The Japanese market is the first market in the world to accept Bitcoin and see Bitcoin as the payment method in the country, which has made Bitcoin prices soar recently. I think without the Japanese market leader then Cryptocurrency would be just a heap of rubbish

Well I certainly believe that japan can surely make it to the top of the market of bitcoin they are so innovative in giving great inventions and they are buying other countries inventions for their countries innovation I think they surely widen the range of what bitcoin can do and they are surely prioritizing it in making transaction in their county more convenient.

Gonna order some used panties for bitcoin, thank you Japan!

I strongly agree to this. As japan is one of the most technologically advance country in the world. And it is already widely use in their country.

From the news of thousands of stores in Japan accepting Bitcoin, we can see that the Japanese are open to Bitcoin. I have some Japanese friends and they do not really like the fact that Japan government controls the Japanese Yen and weaken the currency. Hence Bitcoin is really a good option for them.

I agree. It is because today, japan is one of the most advance country..not only for the technology but also in knowlege in different aspects specially on this business.

Not a surprise, MtGox was from Japan and they had almost 80% of crypto volume in the early years. They have big savings and are one of the most informatized societies in the world. THe perfect place for BTC to thrive.

China always wants to be the first in Asia, and Japan is the biggest competitor after America. Bank policy in China can hamper China's desire to develop Bitcoin in their country. I agree Japan is ahead for Bitcoin use, every store in Japan has received bitcoin. it was amazing.

a guy whose code named Satoshi Nakamoto, the father of bitcoin system embraced by the Japanese people as part of their patriotism, anything that sounds Japanese to them they will support them and that's how the Japanese culture is and we are so thankful to Mr. Anonymous Satoshi because without satoshi in bitcoin terms i doubt that Japanese people would allow to support it. What if the father of bitcoin sounds like Russian or Chinese i can't imagine if bitcoin would stay that long.

Japan is one of the countries that adopt bitcoin today. The development of bitcoin is very good in japan country, government supports bitcoin for use by society. So this is not strange because all aspects related to bitcoin are made easier.

They can be the "leader" of trading but who's to say the owner's of those bitcoins are actually from those areas or if they didn't just exchange their local fiat/currency prior to purchasing the coins. How can you really be a leader in trading bitcoin if you're not trading a tangible asset anyway. You could VPN yourself to make it look as if you're in Japan and trade away without anyone knowing a difference as well. With the emphasis on anonymity I'm sure this isn't an uncommon practice.

Its no surprise here. Japan has already legalized bitcoin and almost all of the store in Japan is accepting bitcoin so it makes sense that they will lead in the trading volumes as well. Bitcoin trading is nothing new to the Japanese although it went downhill after the Mt. Gox incident but when they decided to legally adopt bitcoin, trading volume again rose even surpasses China and US and at one time have captured 50% of the day trading volumes. That's why they are leader together with China, South Korea and the US of A.

This are great news, now china deminates only in mining, exchanges moves to japan  :D
And I heared russia will start mining some coins too, so china won´t longer be the "mining country"

Did not surprised me considering that Japan is the most advanced or one of the most advanced in terms of technology.    They adopted and legalized bitcoin so we can all agree that they are the leader of bitcoin trading.  Well maybe because the name of the inventor or developer is a japanese so that maybe the reason that inspired them ;D.  Plus the fact that jaoan is open minded or should I say embraced the development in technologies that is why they adopted bitcoin that easily.

Japan is an emerging markets for bitcoins and other crypto coins, and Japanese love technology and innovations. They are one of the major driving force to cause the btc price reach sky high.

Japan has long been synonymous with new technologies and a pioneer in the field of innovations. The Japanese attitude towards bitcoin only confirms this status. Japan was the first to build a new society and become a locomotive for the entire world. Sorry that I can't live in this country.

This is really amazing that the countries in Asia is one of the most active in bitcoin and that is a proof that anyone can grab the opportunity from bitcoin, even you are an american, asian or anything as long as you want to earn money then bitcoin is always there. I believe that in the future, we can see more countries that will be on the top list of volume in terms of bitcoin trading.

Looking at the success of Bitcoin in Japan, one can only wonder what is going to happen when Australia recognizes Bitcoin as a currency.
I think that adoption there will move at a slightly slower pace, but in the long term it'll drive demand for Bitcoin up.

I really hope the EU follows Autralia and also recognizes Bitcoin as a currency.

I guess the recent legalization in their country is helping them a lot to gain the first exposition in trading bitcoin volume. Sadly there is no medal any, and no reward. In a near future, they can lose this first place quite easy, so.

   Legalization helps people to relax and have more trust in bitcoin. Bitcoin was not so popular in Japan before, there is not much about them in
bitcoin world before, but interesting turn, they are the country that legalized bitcoin first and we need to give them credit for that.
   Japan is the leader in many things, technology is on of them and that's why they embraced bitcoin so fast, and if they lose first place they will be close behind and always in first 5. That is Japan, they are rich, they have knowledge two main factors for the great future.

If we go back to the early beginning of the bitcoin introduced, Japan already become one of the countries who accept the bitcoin. Even there is one of the largest exchanger company named Mt. Gox in 2011 in there. This shows that Japan has already become aware of bitcoin big opportunities. And it does not stop there today the giant trade in Japan has received bitcoin as a legitimate payment tool called Marui. So I agree if Japan become lader of bitcoin trading.

It is true once. If previously the largest bitcoin market owned by China and the United States, now Japan also do not want to miss. Japan bitcoin currency market even exceeded from China and the United States. That means Japan has overtaken two major markets to become the world's largest bitcoin exchange market. Salute for japan. Japanese public awareness for bitcoin has developed bitcoin in the samuray country.

It is appropriate that Japan is said to be a bitcoin trading ladder for now because the existence of the Japanese government is very influential on bitcoin trading so that it can trigger the rising bitcoin prices.

Japan is one of the first countries who stand in front and willing to take the risk and have high hopes for Bitcoin. They believe that it is the future currency. They already accepted and legalized it in their country. Because of this, I have no doubts that Japan is still one of the biggest owner of Bitcoin volume and also one of the richest or maybe on top because of this.

Japan is also accepting bitcoin in a ton of shops. I plan to eventually visit japan because I love videogames and all that geeky stuff that you can find in places like Akihabara . It would be super handy to not need to deal with annoying fiat conversions and just pay with your phone. Hopefully once lightning network is active, we can pay with BTC everywhere instantly. Im hoping it happens somewhere next year.

I really salute Japanese they are so smart that makes them a geek in my opinion. They  can surpass most of the leading countries when it comes to technology and economical issue

Japan is the leader of technology and it is now competing with china to dominate the Bitcoin world. I think many countries will soon follow the japan and china practices to adopt bitcoin legally in their countries.

Japan has become the leader of bitcoin trading.Earlier,china was leading in trading.But japan after legalization,more traders came forward to accept bitcoin payments and hence this change in position.South korea is also tremendously increasing in bitcoin trading.Very soon,it would compete with china and US for the second place.

No surprise about this result, Japan is a country where bitcoin is accepted, where people are supported by government to use legal bitcoin. So, this place brings a strong development.

The Japanese bitcoin scene has shown a huge growth rate in terms of merchant adoption and daily trading volumes soared on

local exchanges. The major driving factor behind this growth was the governments decision to recognize Bitcoin as a digital

currency rather than a commodity. Should other governments decide to do the same, Bitcoin prices will go to the Moon.  ;)

Is this source is for real? Because there are so many people can write everything on it without giving any solid proof. But as I can say if Japan and Korea are really going for this, I am sure in no time bitcoin price will be going high for sure. Because Japan lead everything and if only their government can adopt this to their country, this will be great thing

no wonder japan right now uses bitcoin, they understand and anticipated that their current currency right now is crashing. It is more wiser to use bitcoin rather than yen in terms of exchange.

It is really not that unexpected. Japan is very supportive of cryptocurrency and they have legalized bitcoin. It is just natural that there will be more trades in there. It is good for bitcoin and cryptocurrency.

Nothing sad, for bitcoin, there is not any medal to honor its development. The only thing you gain is profit. That is the only thing we want in bitcoin.

There is no argument that Japan is now being groomed to be the leader in Bitcoin and cryptocurrency trading. And it is because there is a good governmental support for this innovation. Japanese leaders have weigh in Bitcoin and found it worthy of the needed support it must receive.

I guess that Bitcoin is now destined to be an Asian cryptocurrency because the biggest markets here. Japan, China, South Korea, Taiwan, Australia, the Philippines, Singapore and other good countries can be creating the biggest Bitcoin explosion coming soon. 

That is good news indeed!  I find it particularly unnerving to have all the hashing power concentrated in China, so anything to break China's monopoly even in the manufacture of mining equipment would be a good news to the entire community. Japan embrace of the Bitcoin  technology is blazing the trail and soon enough other progressive minded countries are sure to follow.

I believe there is also Australia which is quite bitcoin friendly.

Japan is really pioneering in BTC adoption and I think it will really pay off and give them a boost in economy.

I think Japan has the right to become leader of Bitcoin trading because Japan is the 1st Country of the world who has accepted bitcoin being a currency and also announced formally bitcoin legal currency in his country. So, in this regard Japan can be called Leader of bitcoin and I think Japan should be beneficial of bitcoin earning through some light taxes collected from shareholders.

I read more than 50k merchants from Japan are preparing to adopt bitcoins, this way I mean with number of merchants accepting bitcoin also Japan must be the leader.

why not.but future. becaouse japan is the most capitalize county in the world. they accept bitcoin legally.

If Japan is the the future of Bitcoin and crypto currency, then they need to be guarded, not to stop their mining, cause if they stop, the future of crypto currencies are in danger.

I would say both Japan and Australia are huge influences to the how bitcoin is used. Japan since it is so technologically advanced and Australia since it always is ahead of the Bitcoin train, and there is already a post which says that they have already started teaching Bitcoin at primary schools which is a huge step.

Japan, I would expect to become a huge country in the crypto world and I would think that they would release a bunch of new icos.  

I think that taxes on the use of bitcoins will be the same as the use of Fiat money but it doesn't matter. It is important for people to have simple and clear rules. People with bitcoin will agree among themselves and will prosper trade for bitcoins, and the state can only provide the available exchange. More from the state nothing.

It is a great news that japan was accepting bitcoins, We knows that japan was have a great technology invented in the world and i think this is a time to improve their paying just using bitcoins. We hope in the other country also accepting bitcoin just like in japan.

Japan has always been bitcoin friendly, but after the legalisation, it has become a bitcoiners paradise. Like China, Japanese exchanges have zero to negative trade commission, a small volume might be inflated, but the demand is real. Couple of months ago Japan's largest forex market, GMO opened an exchange GMO Coin and they had said that retail investors who prefer their day trading platform, GMO click FX might start trading their currencies against bitcoins in a regulated environment. It looks like Japan would be dominating trading in the coming days.

They are lucky because Mr.Satoshi is a Japanese. Japanese are proud people and they preserve honor so as a Japanese founded the bitcoin they are willing to risk it and now they all earned enjoying the benifits of bitcoin. They deserve it

 Japan  parliament on April 1, 2017,  recognized Bitcoin as an authorized method of payment.This make japan the leader in bitcoin.

Yes, Japan is a great country. Lets hope other countries will adopt bitcoin in the future.

Japan is one of the first countries who started to adapts Bitcoin and legalized it. I have no doubts that Japan will still be one of the richest in the future or maybe, it will really be the richest country by that time. This country is on top because of their advance technology and now, Bitcoin will make them remain on that spot.

Yes, I agree. Japan is one of the most technologically advanced countries. Supported by the legality of the government, of course the more will be making bitcoin as an alternative payment, especially in online shopping

Australia is always buying Bitcoin, I know many Australians who bought Bitcoin for sure. And Japan being ahead of the US in Bitcoin is very surprising on one hand, but not surprising on the other because they are very technologically advanced, even more than USA in many ways.

maybe because japan already accepting bitcoins in there markets and all methods of payments that the reason that japan holds a lot of bitcoins and they are still leader of bitcoins payment

Yes, it seems like Japanese are enthusiastic with bitcoins because they can use it for purchasing in some stores in Tokyo. I have watched a blog in Youtube where they conveniently bought a Bic Camera with bitcoins and it looks like it is tax-free. Probably one of the reasons why bitcoin trading is Japan's big thing is that the amount they earn in BTC is spendable for everyday use; unlike with other Asian countries which bitcoin is primarily used as an investment tool and not as a payment method.

I think this was about to be expected, bitcoin is really big in Japan after it was legalized, so I will not be surprised if Japan becomes the biggest center of exchange of cryptocurrencies of the world.

I am not sure here, Concluding that Japan is the leader of bitcoin trading because of the legalization? because stores are now using bitcoin as a payment? we should see more elements on why a certain country is eligible on labeling it as a leader of bitcoin. But for me, in current step of Japan is a big step for bitcoin community, with this we can see casual people will now use bitcoin and be interested on it.

In many aspect . japan is one of the leading country. eg. technologically advance in the world. Is ald widely been used over there.

Hmm, I don't think so :D. In my opinion I think China is the country have biggest trading volume in the world cause Bitcoin industry is very develope in here and you can easily find informations about the biggest bitcoin mining factories in the world, It's being in China :D

No, it's not. The biggest trading volume according to exchanges volume is in South Korean right now, even though the biggest mining pool located in China, you can check it here : https://coinmarketcap.com/exchanges/volume/24-hour/. I will quote it for you, 24 hour trading volume in exchanges :
1. Bithumb : $1,230,606,500   
2. Bittrex : $635,499,526      
4. Bitfinex : $610,358,587   
5. Poloniex : $340,789,773   
6. Coinone : $267,545,640   
7. Kraken : $260,698,006   
8. OKCoin.cn : $254,956,100

As you can see it, the biggest trading volume in China come from OKCoin, but if we consider all of exchanges in there such as BTCC, Huobi, Yunbi, BTER and so on, maybe China really has biggest volume trading but not according to that article which mentioned trading volume exceeds 97.000 BTC, or around $413,000,000.

A large number of miners to concentrate in China because there is a very low cost of electricity. This does not affect the sales of bitcoins on the exchange. But the Chinese very much and perhaps they just prefer to trade on Chinese exchanges.

well there are many countries in which bitcoin is popular but some countries hold the maximum number of bitcoin, china is on the first of that list as you said, but japan is on his way to gather most of the bitcoin, and as you said about factories, well it is not confirmed yet so kindly don’t run these rumors, and yet japan is doing so well to attain the position first in bitcoin.

China is the hub of miners due to low electricity but the actual owner of the mining farm are from western country, so what ever they are mining they are trading in their respective exchanges. Japan is the trader country where they are just trading the bitcoin and using bitcoin as currency in their country economy

They have legalized bitcoin in their country, it is a good thing. The wide use of bitcoin in their country has great effect in the reputation of bitcoin.

China and Japan , both of them are strong in cryto-currecny world and they are the pioneers in making bitcoin stronger than before. Both have strong competition of making high value bitcoin farms and mining farms. China is no doubt have better and bigger farms but Japanese have strong investment in bitcoins and trading stuff.

Japan has set the bar high for the rest of the world to follow. The popularity means that even more businesses will benefit from increase usage.

yes well i agree with you, i was just wondering why would china banned all of those cryptos? well i have heard their reasons anyway, we cannot conclude if it is really the real matter, and anyway japan has the population of almost users are traders and as you have said they are using bitcoin as their method of payment in their country, that is the real difference.

Japan is where the future of Bitcoin is...maybe it is time to slowly disconnect China from the cryptocurrency market and from Bitcoin. China is primarily where the miners are because of the cheap electricity cost. Of course, China is a great contributor to the daily Bitcoin trading but in my opinion we can all live without China in the long-term.

very well, Japan's Bitcoin Stock broke down as the world's number one exchanges. Bitcoin Exchange in the Land of Sunrise successfully overtook China and the US, two exchanges that previously dominated the global Bitcoin market. Bitcoin's trade volume in Japan stood at US $ 135 million per day and market share reached more than 50 percent.

http://bitcoinkepo.blogspot.co.id/2017/02/jepang-kuasai-pasar-bitcoin-salip-cina.html (http://bitcoinkepo.blogspot.co.id/2017/02/jepang-kuasai-pasar-bitcoin-salip-cina.html)

Bitcoin in Japan is legal tender ....however all the market is bleeding now..so am a little concerned how this is going to affect the economy of Japan..FUD is dangerous to bitcoin health

Im agreeing with this, japan is one of the most technologically advanced countries in the world and as japan legalized bitcoin more japanese are looking into it. More investors will be trading and market will be huge. Also with what's going on with chinese market more investors or exchange will be looking into the japanese market.

Japan can help in the big fall of btc value. Seeing how the btc value dips little by little any good news on having some acceptance and implementation by other countries will be a big help.

In the bitcoin state of japan is considered legal, its government also supports and even contributes in bitcoin trading

Japan's optimistic and friendly approach to cryptocurrencies especially Bitcoin is the reason that brings them to that point or in other words being open-minded. Unlike any other countries, Japanese people aren't that criminal minded like any other countries hence they have less worries against terrorist financing or etcetera but I am not saying that there are no Japanese criminals but in terms of criminality they have less.

I think it is good to read that the exchanges are becoming more global. That is something that should be mentioned in the media more often.
Instead all I read at the moment is the fear that exchanges are closed in China. It always sounds like that would be the end of the crypto world.
But that is not the case. Not everything depends on China.

yes japan is very master of cryptocurrency, because japanese country is one of the countries that legalize bitcoin, do not be surprised if people in this country likes to invest and trading in cryptocurrency, as their income and business.

Japan is the leader of Bitcoin trading in my opinion ... maybe the japan because they are the future of cryptocurrencies

this is how good japan is they are really open to new ideas that's why their country is so good and their advancement is really fast. Bitcoin is so popular in japan that you can bring only your smartphone outside and buy the goods you need even in the wet market you can buy meat and vegetables and fish with bitcoin

China's harsh policy to close the local bitcoin exchange market changed the global bitcoin market composition drastically. Now about 60% of bitcoin trade takes place through the Japanese market.
The volume of bitcoin trade in Japan jumped after the enactment of laws in the country that recognize bitcoin as a legitimate payment instrument.