Sandeep Goenka, cofounder and chief operating officer at Zebpay said:
“The increasing awareness of bitcoins worldwide, particularly about its revolutionary technology, has triggered a rally in the bitcoin market...Japan has now added itself to the list of countries that have regulations for bitcoins. Due to these positive factors, bitcoin prices have been showing tremendous strength.”
Meaning further rise!
Japan being a technologically developed country accepting bitcoins legally has become an eye opener to other countries all over the world.It has created a great increase in demand for bitcoin.India too discussing on how to regulate bitcoin would soon join the rally.Now other countries would start thinking that if japan could do,then why not them?All these improvements would soon lead bitcoin price to $4000.
