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Author Topic: Chinese money from trading crypto will become japanese  (Read 532 times)
CryptoBuds
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September 18, 2017, 08:01:46 AM
 #1

Concidering all these news that come from China (ICO ban, exchanges prohibition and so on) and Japan (legit accepting of cryptocurrencies, official registration of exchanges and so on...) it's not hard to make such conclusion. What do you think?




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September 18, 2017, 08:04:26 AM
 #2

And the japanese exchanges taking a jump in volume! this is great news, glad to hear bitcoin wont be halted(temporarily) by a gov  Cheesy

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September 18, 2017, 08:13:53 AM
 #3

I think that Japan will become MUCH richer as it's now according to their crypto attracting strategy.




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September 18, 2017, 08:26:41 AM
 #4

I'm glad this will become true. Soon COMSA ICO will be. It's japanese platform for ICO conducting. I suppose that they should collect great cap, may be the biggest one)) BTW everybody hates China because of their unconsistency and fake news. They should be off soon. Hooray! Smiley


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September 18, 2017, 09:05:13 AM
 #5

The Japanese can accommodate all exchanges. But China's actions is just the beginning of the struggle against crypto currencies. I think that soon this struggle will join US. Then the problems will intensify, but if not to lose faith in the future of crypto currency we can win.
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September 18, 2017, 09:41:15 AM
 #6

The Japanese can accommodate all exchanges. But China's actions is just the beginning of the struggle against crypto currencies. I think that soon this struggle will join US. Then the problems will intensify, but if not to lose faith in the future of crypto currency we can win.

Unfortunately this is the most likely scenario... But there wasn't any revolution without sacrifice. Crypto market should survive this all.




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September 18, 2017, 09:42:35 AM
 #7

at least, Japan is friendly for cryptocoins, compare tp China.
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September 18, 2017, 09:45:09 AM
 #8

Concidering all these news that come from China (ICO ban, exchanges prohibition and so on) and Japan (legit accepting of cryptocurrencies, official registration of exchanges and so on...) it's not hard to make such conclusion. What do you think?

It's not that simple. If the Chinese government were to actually prohibit their citizens from trading, then Japanese exchanges may prohibit Chinese customers. This is similar to the way ICO operators may prohibit Chinese (or American) residents, or how some exchanges, like BitMEX, do not accept US customers.

The Chinese government is powerful, and I'm not sure that regulated Japanese exchanges are just going to flout Chinese law. For now, everything is fine because only order book exchanges and ICOs are affected. But the prohibitions could worsen. I hope that the government wises up and takes the regulation/licensing route. Otherwise the world will leave them behind!
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September 18, 2017, 12:54:31 PM
 #9

the volume coming from Japanese exchanges is already much higher than it was before and it is just rising. that is what happens when a country is more friendly towards bitcoin: the adoption speeds up.

but you can not compare it with Chinese "money" though. because the Chinese are known to just trade anything and dump it for money as fast as they can. but in Japan more real adoption is taking place than just pure trading. and that is different.

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September 18, 2017, 01:48:18 PM
 #10

I'm glad this will become true. Soon COMSA ICO will be. It's japanese platform for ICO conducting. I suppose that they should collect great cap, may be the biggest one)) BTW everybody hates China because of their unconsistency and fake news. They should be off soon. Hooray! Smiley
I don't think their game of poking crypto is done yet. And they are a huge market, 1/4 of the ICO funds come from China. It would be cool if they move to Japan entirely but I think it's just temporarily until things get clear back home for them. I can see why everyone's sick of their game but it's far from over.

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September 18, 2017, 01:54:31 PM
 #11

Yeah, all the chinese traders a moving to japanese exchanges! I mean thats not a wonder or what would you do if you country is going to ban bitcoin exchanges?
I just would move to another country, to make sure i can trade my loved bitcoins Cheesy
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September 18, 2017, 02:03:53 PM
 #12

china ban ICOs , some exchanges has been closed , but we see it is not  effect to bitcoin 's price

today bitcoin is rising up , so fast i believe it have price $5000 end of this month
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September 18, 2017, 02:08:21 PM
 #13

Concidering all these news that come from China (ICO ban, exchanges prohibition and so on) and Japan (legit accepting of cryptocurrencies, official registration of exchanges and so on...) it's not hard to make such conclusion. What do you think?
The conclusion is a lot of the money from the chinese will  be flying to the japanese  exchange which already considered as the friendly country to the cryptocurrency. and that will become the largest place to trade the bitcoin in the future. And that was the main conclusion about that.

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September 18, 2017, 02:23:05 PM
 #14

Concidering all these news that come from China (ICO ban, exchanges prohibition and so on) and Japan (legit accepting of cryptocurrencies, official registration of exchanges and so on...) it's not hard to make such conclusion. What do you think?
I think we can't conclude that all bitcoin or most from chinese will be bought by Japanese, there are many other people besides them that are willing to buy at a dip so BTC supply becomes more diversified from this past bearish trend caused by news related to China. Therefore, I think that BTC won't be that easy to manipulate it's price.
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September 18, 2017, 02:25:00 PM
 #15

Chinese people can't move significant funds out of china so they won't be heading to Japanese markets.

They send coins there now but it'll be a short window.
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September 18, 2017, 02:36:44 PM
 #16

I still wonder after this capital migration to japanese exchanges, how much portion does japanese exchanges have compared to all market cap in the world merged.
Seeing that japanese government seem very welcome to bitcoin and other alt, it's a good thing and will boost the grow of bitcoin unlike china.

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September 18, 2017, 02:39:16 PM
 #17

I completely agree. I hope money will not be forced out of japanese exchanges as well. Chinese regulation is really killing foreign bitcoin investors and I can't even imagine Chinese crypto investors are prolly worse.



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September 18, 2017, 02:54:38 PM
 #18

This is logical. The Chinese authorities generally made some stupid acts. Closed the opportunity to make money

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September 18, 2017, 03:10:24 PM
 #19

The Japanese can accommodate all exchanges. But China's actions is just the beginning of the struggle against crypto currencies. I think that soon this struggle will join US. Then the problems will intensify, but if not to lose faith in the future of crypto currency we can win.

The United States has legalised bitcoin, as have most western countries.

China is an autocracy, and those types of places are usually terrified of things like bitcoins. I predict that the dictatorships of the world will ban bitcoin and the free countries will use it, and the gap between the two will become larger.

 
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September 18, 2017, 03:12:22 PM
 #20

Its all politics  Cheesy
 i am trying not to get involved in it too much as it makes us think what they want us to think
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