Bitcoin Forum
October 20, 2017, 12:11:32 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2017-02-27] Trezor's Fastest Growing Market is Japan  (Read 271 times)
jholmes91
Jr. Member
*
Offline Offline

Activity: 31


View Profile
February 27, 2017, 01:06:11 PM
 #1

The fastest market of Trezor, an industry leading bitcoin hardware wallet manufacturer, is Japan according to Satoshi Labs community manager Bach Nguyen. With a well-regulated bitcoin exchange market and venture capital-backed exchanges such as bitFlyer, the Japanese bitcoin industry is beginning to lead the global bitcoin market...

Read more here:

https://btcmanager.com/trezors-fastest-growing-market-is-japan-transforming-into-major-bitcoin-hub/

Follow BTCManager for the Latest on Fintech, Blockchain, and Bitcoin!
1508458292
Hero Member
*
Offline Offline

Posts: 1508458292

View Profile Personal Message (Offline)

Ignore
1508458292
Reply with quote  #2

1508458292
Report to moderator
1508458292
Hero Member
*
Offline Offline

Posts: 1508458292

View Profile Personal Message (Offline)

Ignore
1508458292
Reply with quote  #2

1508458292
Report to moderator
1508458292
Hero Member
*
Offline Offline

Posts: 1508458292

View Profile Personal Message (Offline)

Ignore
1508458292
Reply with quote  #2

1508458292
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508458292
Hero Member
*
Offline Offline

Posts: 1508458292

View Profile Personal Message (Offline)

Ignore
1508458292
Reply with quote  #2

1508458292
Report to moderator
1508458292
Hero Member
*
Offline Offline

Posts: 1508458292

View Profile Personal Message (Offline)

Ignore
1508458292
Reply with quote  #2

1508458292
Report to moderator
1508458292
Hero Member
*
Offline Offline

Posts: 1508458292

View Profile Personal Message (Offline)

Ignore
1508458292
Reply with quote  #2

1508458292
Report to moderator
richardsNY
Hero Member
*****
Offline Offline

Activity: 840


View Profile
February 27, 2017, 06:50:02 PM
 #2

I think it's perfectly understandable if you also look at how Japanese exchange bitFlyer has been seeing its trading volumes increase significantly. It might indicate that they are looking to use Bitcoin as a long term investment as people mostly buy hardware wallets for the purpose of using it as cold storage. I bought myself also a Trezor not that long ago. It comes at a cost, but it's all worth it since there is nothing more important than the security of my cold storage.

Kprawn
Legendary
*
Offline Offline

Activity: 1274


It is better to burn out, than to fade away.


View Profile WWW
February 27, 2017, 06:56:36 PM
 #3

I think it's perfectly understandable if you also look at how Japanese exchange bitFlyer has been seeing its trading volumes increase significantly. It might indicate that they are looking to use Bitcoin as a long term investment as people mostly buy hardware wallets for the purpose of using it as cold storage. I bought myself also a Trezor not that long ago. It comes at a cost, but it's all worth it since there is nothing more important than the security of my cold storage.

I think they bought hardware wallets, because the threat factor increase as Bitcoin's price and popularity increase. It is one thing to own Bitcoin,

but another thing to secure them. A hardware wallet gives you the best of both worlds... It has better security than your garden variety online

wallets and you can use it for cold storage.  Grin .... The Japanese are going to kick the Chinese out of Bitcoin soon.  Roll Eyes

1Referee
Legendary
*
Offline Offline

Activity: 1302

BitKorn!


View Profile
February 28, 2017, 08:45:12 AM
 #4

I think it's perfectly understandable if you also look at how Japanese exchange bitFlyer has been seeing its trading volumes increase significantly.

I was also quite surprised to see their volumes increase, but it might have something to do with the fact that Bitflyer at this point doesn't charge any Bitcoin trading fees. I wonder what will happen witht their volumes when trading fees will be enabled again. If the demand is legit, then it shouldn't have an impact on their volumes. I like the idea of having a new Bitcoin friendly country stand up and secure itself a major position in Bitcoin. Everyone is done with China.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!