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Author Topic: Japan is starting to love bitcoin again...  (Read 5549 times)
ayesha sadiqa
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June 20, 2016, 05:12:41 AM
 #121

yes it is a fact they really start loving bitcoin again.
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June 20, 2016, 06:35:09 AM
 #122

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.
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June 20, 2016, 06:46:19 AM
 #123

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.
As you can see you see that there are now more people that is going to use Bitcoin and that is really nice because Bitcoin is also becoming more popular so that is great.
And the hard thing is that you cant know what will happen later and that is the problem.
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June 20, 2016, 12:32:05 PM
 #124

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.
As you can see you see that there are now more people that is going to use Bitcoin and that is really nice because Bitcoin is also becoming more popular so that is great.
And the hard thing is that you cant know what will happen later and that is the problem.
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.

INVALID BBCODE: close of unopened tag in table (1)
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June 20, 2016, 02:39:02 PM
 #125



Soaring volumes.
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
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June 20, 2016, 02:44:18 PM
 #126

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.
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June 20, 2016, 02:48:37 PM
 #127

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.
As you can see you see that there are now more people that is going to use Bitcoin and that is really nice because Bitcoin is also becoming more popular so that is great.
And the hard thing is that you cant know what will happen later and that is the problem.
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.

I'm not surprised with this becasue a lot of people only know where from bitcoin create. and bitocin is big achieve for their civilians .and they try to appreciate what are made by their citizens. japan has a good attitude.

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June 20, 2016, 03:03:14 PM
 #128

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.

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June 20, 2016, 05:04:14 PM
 #129

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.


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June 20, 2016, 05:08:06 PM
 #130

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.
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June 20, 2016, 05:57:48 PM
 #131

I think not only Japan Cheesy 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.

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June 20, 2016, 06:11:05 PM
 #132

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.

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June 20, 2016, 06:37:16 PM
 #133

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 Wink
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September 22, 2016, 03:12:57 AM
 #134

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.

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September 22, 2016, 03:39:51 AM
 #135

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.
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September 22, 2016, 03:44:58 AM
 #136

Wow good news Japan loves bitcoin again..
And good news for the price of bitcoin will rise

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JITENDERPAR3
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September 22, 2016, 03:51:24 AM
 #137



Soaring volumes.
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 .
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September 22, 2016, 07:39:13 AM
 #138

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
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September 22, 2016, 07:56:58 AM
 #139

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.

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September 22, 2016, 09:33:16 AM
 #140

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.


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