eternalgloom
Legendary
Offline
Activity: 1792
Merit: 1283
|
|
August 10, 2017, 01:50:57 PM |
|
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.
|
|
|
|
LeGaulois
Copper Member
Legendary
Offline
Activity: 2912
Merit: 4100
Top Crypto Casino
|
|
August 10, 2017, 01:55:01 PM |
|
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.
|
|
|
|
Bezobraznike
Sr. Member
Offline
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
|
|
August 10, 2017, 02:11:44 PM |
|
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.
|
|
|
|
Anfisman
|
|
August 10, 2017, 02:23:48 PM |
|
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.
|
|
|
|
Choyor
|
|
August 10, 2017, 02:38:41 PM |
|
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.
|
|
|
|
zeze18
|
|
August 10, 2017, 02:50:12 PM |
|
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 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.
|
|
|
|
erickkyut
|
|
August 10, 2017, 03:06:17 PM |
|
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.
|
|
|
|
manselr
Legendary
Offline
Activity: 868
Merit: 1004
|
|
August 10, 2017, 03:11:09 PM |
|
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.
|
|
|
|
chixka000
|
|
August 10, 2017, 03:20:46 PM |
|
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
|
|
|
|
Sweetbtc
|
|
August 10, 2017, 03:24:15 PM |
|
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.
|
|
|
|
ladydark
|
|
August 10, 2017, 03:25:56 PM |
|
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.
|
|
|
|
soul-impact
|
|
August 10, 2017, 03:27:10 PM |
|
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.
|
|
|
|
Kprawn
Legendary
Offline
Activity: 1904
Merit: 1074
|
|
August 10, 2017, 03:33:08 PM |
|
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.
|
|
|
|
Erza
Legendary
Offline
Activity: 1078
Merit: 1000
|
|
August 10, 2017, 04:15:20 PM |
|
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
|
|
|
|
Jmmerquita
Member
Offline
Activity: 64
Merit: 10
|
|
August 10, 2017, 04:17:13 PM |
|
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.
|
|
|
|
bamboylee
|
|
August 10, 2017, 05:07:23 PM |
|
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.
|
|
|
|
orarider
|
|
August 10, 2017, 05:15:05 PM |
|
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.
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.
|
|
|
|
iamTom123
|
|
August 10, 2017, 06:00:59 PM |
|
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.
|
|
|
|
Victorycoin
|
|
August 10, 2017, 06:35:47 PM |
|
This are great news, now china deminates only in mining, exchanges moves to japan And I heared russia will start mining some coins too, so china won´t longer be the "mining country" 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.
|
|
|
|
freedomsr40
|
|
August 10, 2017, 07:38:57 PM |
|
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.
|
|
|
|
|