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Author Topic: Tomorrow 31th May (Japan time) will open internet giant GMO Btc trading platform  (Read 2512 times)
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May 30, 2017, 03:46:43 PM
 #21

Price will definitely rise. I'd say btc will go to over $2600+ Smiley
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May 30, 2017, 03:47:22 PM
 #22

I never expected japan to be so dedicated. When i heard them adopting bitcoin as a currency i was like ok fine we will see and little increase in price, but japan became a player it added bitcoin to more than 100k stores , made freakin multiple atm in the country and now it's opening the largest trading platform also. I wish it's neighbour china was also like this.

Japan was wise to jump on the crypto tech train. In the end it is one of few countries which actually invent tech, unlike China which only copies it.  Cheesy

Have it this way, many of the users may missed the early adoption train but that's not the case if you think country-wise.

Japan is the early adopter of bitcoin as a country. While China was banning its usage, Japan took a step forward and actually made it legal. So does Australia. As a result, these countries will benefit most from bitcoin.

Just like people who believed in bitcoin and endured anything for years.

Their interest concerns me however. The East is way more enthusiastic about crypto than the West, every time we get a new nation to invest, we bubble and pop. I loved the rally we.just had, it was timely for me, but I cant help but think the price isn't sustainable, growing this quickly. The chart looked like a goddamed ski slope before the price started pulling back. We have to be more responsible about our growth; I like profits as much as anyone else, but unsustainable growth is well, unsustainable.

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May 30, 2017, 04:00:53 PM
 #23

I never expected japan to be so dedicated. When i heard them adopting bitcoin as a currency i was like ok fine we will see and little increase in price, but japan became a player it added bitcoin to more than 100k stores , made freakin multiple atm in the country and now it's opening the largest trading platform also. I wish it's neighbour china was also like this.

Japan was wise to jump on the crypto tech train. In the end it is one of few countries which actually invent tech, unlike China which only copies it.  Cheesy

Have it this way, many of the users may missed the early adoption train but that's not the case if you think country-wise.

Japan is the early adopter of bitcoin as a country. While China was banning its usage, Japan took a step forward and actually made it legal. So does Australia. As a result, these countries will benefit most from bitcoin.

Just like people who believed in bitcoin and endured anything for years.

Their interest concerns me however. The East is way more enthusiastic about crypto than the West, every time we get a new nation to invest, we bubble and pop. I loved the rally we.just had, it was timely for me, but I cant help but think the price isn't sustainable, growing this quickly. The chart looked like a goddamed ski slope before the price started pulling back. We have to be more responsible about our growth; I like profits as much as anyone else, but unsustainable growth is well, unsustainable.


oh yes,  but there is nothing we can do about it. Time will settle things. In the long term price will be more stable, not now nor next year
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May 30, 2017, 04:09:19 PM
 #24

This is something I think about too, sustainability for bitcoin!

its hard to figure what that sustainability level is going to be and
this news along with the recent news from Japan about the airlines
accepting BTC is certainly going to affect the price.

>> https://bitcointalk.org/index.php?topic=1930819.0;topicseen

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May 30, 2017, 04:10:43 PM
 #25

Can't see the price moving much on this.


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May 30, 2017, 04:10:49 PM
 #26

I never expected japan to be so dedicated. When i heard them adopting bitcoin as a currency i was like ok fine we will see and little increase in price, but japan became a player it added bitcoin to more than 100k stores , made freakin multiple atm in the country and now it's opening the largest trading platform also. I wish it's neighbour china was also like this.

Japan was wise to jump on the crypto tech train. In the end it is one of few countries which actually invent tech, unlike China which only copies it.  Cheesy

Have it this way, many of the users may missed the early adoption train but that's not the case if you think country-wise.

Japan is the early adopter of bitcoin as a country. While China was banning its usage, Japan took a step forward and actually made it legal. So does Australia. As a result, these countries will benefit most from bitcoin.

Just like people who believed in bitcoin and endured anything for years.

Their interest concerns me however. The East is way more enthusiastic about crypto than the West, every time we get a new nation to invest, we bubble and pop. I loved the rally we.just had, it was timely for me, but I cant help but think the price isn't sustainable, growing this quickly. The chart looked like a goddamed ski slope before the price started pulling back. We have to be more responsible about our growth; I like profits as much as anyone else, but unsustainable growth is well, unsustainable.

Let's face it. Japan and other South East nation is very much into bitcoin. They love bitcoin and has been pouring cash like there are no tomorrow. The unstable price of bitcoin will also be with us, no matter what. But I think the price is more stable now as compared to previous years. Let's just enjoy the ride, and if  this is a bubble then let it be. Everyone should be responsible, but if profit is for us to take, then cashing out would be the only option.
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May 30, 2017, 04:11:42 PM
 #27

GMO seems to be a reputable company, the exchange is regulated and the user´s funds are secured and insured so they will have a big a amount of users willing to invest in bitcoin. I think there will be a pump in Japan exchanges.

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May 30, 2017, 04:47:19 PM
 #28

BTC become 3000$ ?)))  Grin Grin i think east Asia transfer banking system to crypto firstly than Europe

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May 30, 2017, 04:56:21 PM
 #29

I do not think japan is so dedicated. They are so brave to adopt bitcoin as fiat money. 100 stores in japan play to mine bitcoin, making many atm the most present now.
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May 30, 2017, 05:07:26 PM
 #30

BTC become 3000$ ?)))  Grin Grin i think east Asia transfer banking system to crypto firstly than Europe

well over 3000$ but not short term.
short term Btc will go down and you will lose money, we are in bull/sideway trap. Soon fear and capitolation
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May 30, 2017, 05:24:13 PM
 #31

I do not think japan is so dedicated. They are so brave to adopt bitcoin as fiat money. 100 stores in japan play to mine bitcoin, making many atm the most present now.

They plan to mine bitcoin? Did they get the memo that this is no longer profitable unless you have shitload of ASICS and free energy?
I guess they are only doing it to boost their reputation and not for money.

Great news today, first Russian payment processor and not GMO. Bull race will start soon.

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May 30, 2017, 05:32:49 PM
 #32

That exchange gonna popular since it's insured from hacker attack and japan is enthusiasm about bitcoin. I think bitcoin price in this exchange will be higher than other exchange for a while and few people will use this chance for arbitrage trading.

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May 30, 2017, 07:16:34 PM
 #33

Will this affects price?

GMO is a Japanese trading platform for Forex, Equities, Stocks and now Bitcoin, it is insured for hacker attacks and regulated by Japanese Financial Services Agency
Yes, i think the price will move upwards hehe $3000+. gmo is a big company. if anyone likes to know more about the company then read their manga. Wink https://www.gmo.jp/en/company-profile/manga/

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May 30, 2017, 07:31:00 PM
 #34

Yes, i think the price will move upwards hehe $3000+. gmo is a big company. if anyone likes to know more about the company then read their manga. Wink https://www.gmo.jp/en/company-profile/manga/

i love that. that's cool. do a lot of japanese companies do that type of thing?

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May 30, 2017, 07:40:48 PM
 #35

Will this affects price?

GMO is a Japanese trading platform for Forex, Equities, Stocks and now Bitcoin, it is insured for hacker attacks and regulated by Japanese Financial Services Agency
If hackers want they will attack it and shutdown for a couple of days, we dont have anything secured in internet nowadays.
Haven`t heard nothing about this project, but will check it, when they come out.

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May 30, 2017, 07:48:01 PM
 #36

I think surely the price will get affected as this exchange give the platform for fiat users to trade bitcoin just like trading in Forex and equity market. So surely they will show the big movement

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May 30, 2017, 10:19:05 PM
 #37

Will this affects price?

GMO is a Japanese trading platform for Forex, Equities, Stocks and now Bitcoin, it is insured for hacker attacks and regulated by Japanese Financial Services Agency
If hackers want they will attack it and shutdown for a couple of days, we dont have anything secured in internet nowadays.
Haven`t heard nothing about this project, but will check it, when they come out.

yes but the insurance then pays
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May 30, 2017, 10:22:22 PM
 #38

yes but the insurance then pays

i really hope that's never put to the test. the most likely cause of them losing money is some type of social engineering or total carelessness. in that case it's possible they won't pay out. bitpay lost a lot because of an employee's mistake. the insurance told them to forget trying to claim.

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May 30, 2017, 10:56:42 PM
 #39

Will this affects price?

GMO is a Japanese trading platform for Forex, Equities, Stocks and now Bitcoin, it is insured for hacker attacks and regulated by Japanese Financial Services Agency

in japan bitcoin is already very big they use it like they use their jpy or yen, it's hard to think that it would make any difference there in japan, if it was another country where bitcoin is not very known perhaps yes, but nonetheless it's a good thing more exchange more possibility to have more people that buy bitcoin

ummm, no they don't.
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May 30, 2017, 11:11:30 PM
 #40

Are they really giant? I haven't heard about them, maybe that's my mistake. Maybe they will affect price but it depends how much do they can, what's their maximum, will people start using them? Because currently there are so many exchangers.. Who knows.. If their goal is to be leader in market and are giant in forex, stock and etc as op you say, than there is no doubt they'll make good steps in bitcoin so I think they'll affect if situation will go like I said.

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