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Author Topic: Japan the leader of Bitcoin trading  (Read 1580 times)
naidray
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August 11, 2017, 08:52:35 AM
Last edit: August 12, 2017, 03:13:40 PM by naidray
 #41

Japan continues to lead in Bitcoin trading, guess japan is hope for the future of cryptocurrencies ;

https://blog.eth-price.com/2017/08/10/japan-korea-bitcoin-trading/
I think Japan has the right to become leader of Bitcoin trading because Japan is the 1st Country of the world who has accepted bitcoin being a currency and also announced formally bitcoin legal currency in his country. So, in this regard Japan can be called Leader of bitcoin and I think Japan should be beneficial of bitcoin earning through some light taxes collected from shareholders.

I read more than 50k merchants from Japan are preparing to adopt bitcoins, this way I mean with number of merchants accepting bitcoin also Japan must be the leader.
mdripon
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August 11, 2017, 09:21:50 AM
 #42

Japan continues to lead in Bitcoin trading, guess japan is hope for the future of cryptocurrencies ;

https://blog.eth-price.com/2017/08/10/japan-korea-bitcoin-trading/



why not.but future. becaouse japan is the most capitalize county in the world. they accept bitcoin legally.

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Drnice
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August 11, 2017, 09:26:21 AM
 #43

Japan continues to lead in Bitcoin trading, guess japan is hope for the future of cryptocurrencies ;

https://blog.eth-price.com/2017/08/10/japan-korea-bitcoin-trading/



If Japan is the the future of Bitcoin and crypto currency, then they need to be guarded, not to stop their mining, cause if they stop, the future of crypto currencies are in danger.
aTriz
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August 11, 2017, 09:26:50 AM
 #44

Japan continues to lead in Bitcoin trading, guess japan is hope for the future of cryptocurrencies ;

https://blog.eth-price.com/2017/08/10/japan-korea-bitcoin-trading/



I would say both Japan and Australia are huge influences to the how bitcoin is used. Japan since it is so technologically advanced and Australia since it always is ahead of the Bitcoin train, and there is already a post which says that they have already started teaching Bitcoin at primary schools which is a huge step.

Japan, I would expect to become a huge country in the crypto world and I would think that they would release a bunch of new icos.  

Lampaster
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August 11, 2017, 09:28:03 AM
 #45

Japan continues to lead in Bitcoin trading, guess japan is hope for the future of cryptocurrencies ;

https://blog.eth-price.com/2017/08/10/japan-korea-bitcoin-trading/
I think Japan has the right to become leader of Bitcoin trading because Japan is the 1st Country of the world who has accepted bitcoin being a currency and also announced formally bitcoin legal currency in his country. So in this regard Japan can be called Leader of bitcoin and I think Japan should be beneficial of bitcoin earning through some light taxes collected from shareholders.
I think that taxes on the use of bitcoins will be the same as the use of Fiat money but it doesn't matter. It is important for people to have simple and clear rules. People with bitcoin will agree among themselves and will prosper trade for bitcoins, and the state can only provide the available exchange. More from the state nothing.
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August 11, 2017, 10:12:44 AM
 #46

From the news of thousands of stores in Japan accepting Bitcoin, we can see that the Japanese are open to Bitcoin. I have some Japanese friends and they do not really like the fact that Japan government controls the Japanese Yen and weaken the currency. Hence Bitcoin is really a good option for them.

It is a great news that japan was accepting bitcoins, We knows that japan was have a great technology invented in the world and i think this is a time to improve their paying just using bitcoins. We hope in the other country also accepting bitcoin just like in japan.
krishnapramod
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August 11, 2017, 10:18:35 AM
 #47

Japan has always been bitcoin friendly, but after the legalisation, it has become a bitcoiners paradise. Like China, Japanese exchanges have zero to negative trade commission, a small volume might be inflated, but the demand is real. Couple of months ago Japan's largest forex market, GMO opened an exchange GMO Coin and they had said that retail investors who prefer their day trading platform, GMO click FX might start trading their currencies against bitcoins in a regulated environment. It looks like Japan would be dominating trading in the coming days.
marcbitcoins
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August 17, 2017, 10:37:11 PM
 #48

Japan continues to lead in Bitcoin trading, guess japan is hope for the future of cryptocurrencies ;

https://blog.eth-price.com/2017/08/10/japan-korea-bitcoin-trading/



why not.but future. becaouse japan is the most capitalize county in the world. they accept bitcoin legally.

They are lucky because Mr.Satoshi is a Japanese. Japanese are proud people and they preserve honor so as a Japanese founded the bitcoin they are willing to risk it and now they all earned enjoying the benifits of bitcoin. They deserve it
fredrickodo
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August 17, 2017, 11:54:47 PM
 #49

 Japan  parliament on April 1, 2017,  recognized Bitcoin as an authorized method of payment.This make japan the leader in bitcoin.
b_parin
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August 18, 2017, 12:01:08 AM
 #50

I'm sure, because japan has adopted bitcoin, and has legalized it

Yes, Japan is a great country. Lets hope other countries will adopt bitcoin in the future.
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August 18, 2017, 12:06:28 AM
 #51

Japan continues to lead in Bitcoin trading, guess japan is hope for the future of cryptocurrencies ;

https://blog.eth-price.com/2017/08/10/japan-korea-bitcoin-trading/



Japan is one of the first countries who started to adapts Bitcoin and legalized it. I have no doubts that Japan will still be one of the richest in the future or maybe, it will really be the richest country by that time. This country is on top because of their advance technology and now, Bitcoin will make them remain on that spot.
dongosquad
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August 18, 2017, 12:14:15 AM
 #52

Well I certainly believe that japan can surely make it to the top of the market of bitcoin they are so innovative in giving great inventions and they are buying other countries inventions for their countries innovation I think they surely widen the range of what bitcoin can do and they are surely prioritizing it in making transaction in their county more convenient.
Yes, I agree. Japan is one of the most technologically advanced countries. Supported by the legality of the government, of course the more will be making bitcoin as an alternative payment, especially in online shopping

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craZyLovE0916
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August 18, 2017, 12:18:54 AM
 #53

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.

Australia is always buying Bitcoin, I know many Australians who bought Bitcoin for sure. And Japan being ahead of the US in Bitcoin is very surprising on one hand, but not surprising on the other because they are very technologically advanced, even more than USA in many ways.
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August 18, 2017, 12:53:03 AM
 #54

Japan continues to lead in Bitcoin trading, guess japan is hope for the future of cryptocurrencies ;

https://blog.eth-price.com/2017/08/10/japan-korea-bitcoin-trading/



maybe because japan already accepting bitcoins in there markets and all methods of payments that the reason that japan holds a lot of bitcoins and they are still leader of bitcoins payment

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no0dlepunk
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August 18, 2017, 01:12:44 AM
 #55

Japan continues to lead in Bitcoin trading, guess japan is hope for the future of cryptocurrencies ;

https://blog.eth-price.com/2017/08/10/japan-korea-bitcoin-trading/

Yes, it seems like Japanese are enthusiastic with bitcoins because they can use it for purchasing in some stores in Tokyo. I have watched a blog in Youtube where they conveniently bought a Bic Camera with bitcoins and it looks like it is tax-free. Probably one of the reasons why bitcoin trading is Japan's big thing is that the amount they earn in BTC is spendable for everyday use; unlike with other Asian countries which bitcoin is primarily used as an investment tool and not as a payment method.
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August 18, 2017, 02:32:43 AM
 #56

Japan continues to lead in Bitcoin trading, guess japan is hope for the future of cryptocurrencies ;

https://blog.eth-price.com/2017/08/10/japan-korea-bitcoin-trading/


I think this was about to be expected, bitcoin is really big in Japan after it was legalized, so I will not be surprised if Japan becomes the biggest center of exchange of cryptocurrencies of the world.
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August 18, 2017, 03:18:54 AM
 #57

I am not sure here, Concluding that Japan is the leader of bitcoin trading because of the legalization? because stores are now using bitcoin as a payment? we should see more elements on why a certain country is eligible on labeling it as a leader of bitcoin. But for me, in current step of Japan is a big step for bitcoin community, with this we can see casual people will now use bitcoin and be interested on it.
bilman
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August 18, 2017, 04:32:54 AM
 #58

In many aspect . japan is one of the leading country. eg. technologically advance in the world. Is ald widely been used over there.
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August 18, 2017, 05:06:39 AM
 #59

Hmm, I don't think so Cheesy. In my opinion I think China is the country have biggest trading volume in the world cause Bitcoin industry is very develope in here and you can easily find informations about the biggest bitcoin mining factories in the world, It's being in China Cheesy
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August 18, 2017, 04:18:21 PM
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Hmm, I don't think so Cheesy. In my opinion I think China is the country have biggest trading volume in the world cause Bitcoin industry is very develope in here and you can easily find informations about the biggest bitcoin mining factories in the world, It's being in China Cheesy

No, it's not. The biggest trading volume according to exchanges volume is in South Korean right now, even though the biggest mining pool located in China, you can check it here : https://coinmarketcap.com/exchanges/volume/24-hour/. I will quote it for you, 24 hour trading volume in exchanges :
1. Bithumb : $1,230,606,500   
2. Bittrex : $635,499,526      
4. Bitfinex : $610,358,587   
5. Poloniex : $340,789,773   
6. Coinone : $267,545,640   
7. Kraken : $260,698,006   
8. OKCoin.cn : $254,956,100

As you can see it, the biggest trading volume in China come from OKCoin, but if we consider all of exchanges in there such as BTCC, Huobi, Yunbi, BTER and so on, maybe China really has biggest volume trading but not according to that article which mentioned trading volume exceeds 97.000 BTC, or around $413,000,000.
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