40% of BTC daily Volume is Japanese

[eternalgloom]

It's not completely true as there are some volume in Japan that is being manipulated( volume is beeing faked), by anyway, I can't see any problem with that as Japan is a country that is friendly to bitcoin, so more and more citizens buy bitcoin because the local government supports it.
Also don't forget the payment system in Japan that gives you the ability to pay with bitcoin at almost every store in Japan.

It is not Fake, there are published statistics to prove it.

Then post a source to those statistics and stop making low-quality threads like this. Throwing a tantrum isn't going to make anyone believe what you're saying.
If I had the power to grant you negative merit, I'd do so immediately for this thread.

Edit:

DO YOUR RESEARCH: OVER 40 PERCENT OF  BTC DAILY VOLUME IS JAPANESE

https://www.cryptocompare.com/coins/btc/analysis/JPY

53 PERCENT

Fair enough, but you could have posted that in the OP.

[Tilbrook007]

I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.

Again this is a FUD. Why don't you people provide the source of this information ?  40 percent Japan and 40 Person Whales, So where we are left ?  All the rest of the world will fit in only 20%. That's not possible. Bitcoin is now grown and known too much that it cannot be owned and controlled by few people.

haha got a point man, japan has a big popularity in bitcoin but what is the basis of this article, we have a lot of whales and take note that most of them are not Japanese

1000 Whales. The point is Japan an the whales run this game.
Also Tether are involved for the moment until the DOJ take them out

[Tilbrook007]

It's not completely true as there are some volume in Japan that is being manipulated( volume is beeing faked), by anyway, I can't see any problem with that as Japan is a country that is friendly to bitcoin, so more and more citizens buy bitcoin because the local government supports it.
Also don't forget the payment system in Japan that gives you the ability to pay with bitcoin at almost every store in Japan.

It is not Fake, there are published statistics to prove it.

Then post a source to those statistics and stop making low-quality threads like this. Throwing a tantrum isn't going to make anyone believe what you're saying.
If I had the power to grant you negative merit, I'd do so immediately for this thread.

It was posted prior to your post bright ass

[FalcoonRed]

Yes because many bitcoin users are in Japan and popular there, the Japanese government that supports bitcoin affects people to join bitcoin. that is why japan is very influential to bitcoin.

[Tilbrook007]

It's not completely true as there are some volume in Japan that is being manipulated( volume is beeing faked), by anyway, I can't see any problem with that as Japan is a country that is friendly to bitcoin, so more and more citizens buy bitcoin because the local government supports it.
Also don't forget the payment system in Japan that gives you the ability to pay with bitcoin at almost every store in Japan.

It is not Fake, there are published statistics to prove it.

Then post a source to those statistics and stop making low-quality threads like this. Throwing a tantrum isn't going to make anyone believe what you're saying.
If I had the power to grant you negative merit, I'd do so immediately for this thread.

Edit:

DO YOUR RESEARCH: OVER 40 PERCENT OF  BTC DAILY VOLUME IS JAPANESE

https://www.cryptocompare.com/coins/btc/analysis/JPY


53 PERCENT

Fair enough, but you could have posted that in the OP.

I thought it was common knowledge and then people started to post that they do not believe it

[MintCondition]

If it is, this is quite scary because if anything goes PEAR SHAPED in JAPAN the market will go down even further and we do not want that to happen at all. I do think though that much of the JAPANESE volume is also created by many CHINESE who cannot do anything in CHINA because of all the bans there, so they have moved all their volume to JAPAN. This is just my theory and I do not have proof to back it, but this is just an assumption that comes from pure logic I guess. I do hope more countries get more active in the markets.

Yes, they are scary numbers. I just checked on the internet if it is true and it is true - OMG

This is not scary since Japanese government are supporting the used of cryptocurrency besides that, I will more trust on Japanese rather than Chinese whales since Chinese are dirty players in trading rather than Japan. They are trying to fully adopt bitcoin that's why they are holding that huge volume of BTC. We must thanks them because they are the one who saves bitcoin when Chinese investors flip their BTC.

[eternalgloom]

I thought it was common knowledge and then people started to post that they do not believe it

It might be common knowledge that Japan makes up for a big part of the Bitcoin trading volume, but once you start to post actual statistics, they always have to be accompanied by a source for those numbers.
You see it in this thread, you said 40% while it was actually 53%. This could have been avoided if you had just added it to the OP in the first place.

Now I would like to hear from some other people what they think about the source of those numbers.
Does cryptocompare.com take all exchanges into account for those numbers?

[coinmaster241]

I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.

Where is the Source? Make a post about the news there must be an accurate source so that other Bitcoin holders here are not inedible with issues that aren't obvious origin. thanks CMIIW

[Musstang]

I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.

The Japanese are clever people. I think they know something that we do not know if we believe this 40%.
It is necessary to draw conclusions.

[tegarp90]

I think japan has secret future plan with crypto since bitcoin founder itself is from japan.
let's wait what will happen in future years

[BelieveInBTC]

I am not surprised that people who live in Japan are interested in Bitcoin. Japan is now for its high-tech lovers, now their government is trying to regulate Bitcoin in a way which will encourage investors to trade in in their country. Other countries should follow Japan. It will be too late in the next few years, people will prefer to stay in Japan because they will feel confident there. China used to have the highest volume but it looks like due to Bitcoin ban, investors living in China moved to Japan in order to continue. These countries are quite close to each other.

[Cepot]

yes .. i believe that, the volume reaches 40% in japan and we know the first bitcoin in japan, so it makes sense. the most important thing for me is how bitcoin can recover, so I think which country holds the bitcoin at most does not matter

[batang_bitcoin]

I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.

Where's the source for this? If this is real I won't doubt the Japanese people as bitcoin there is legal and it's almost everywhere there.

[bozo333]

I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.

Japanese peoples are occupy the majority of role in Bitcoin it is true. But 40 percent of the daily volume is fake or true! I don't know where to see this news because you are exactly  told the 40/40 percent it is your imagine or true. Most of the whales are ruling the crypto platform it is really accepted so we should save the crypto platform.

[jason.romano]

Japan is always a good news for Bitcoin. Even the Government has taken steps regarding Bitcoin very welcomingly. Scope of Bitcoin is pretty much certain in Japan. So, I am not surprised checking the numbers. Hope other Governments will follow the step soon.

[dathoangkenh1]

this is FUD.when the downtrend of bitcoin in Q1 2018,more and more bad informations in bitcoin.so it's the good chance for whales.

[Tilbrook007]

I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.

Japanese peoples are occupy the majority of role in Bitcoin it is true. But 40 percent of the daily volume is fake or true! I don't know where to see this news because you are exactly  told the 40/40 percent it is your imagine or true. Most of the whales are ruling the crypto platform it is really accepted so we should save the crypto platform.

There is a link in the posts to the statistics. You should read other posts before telling people something is imaginary: WAKE UP

[jademaxsuy]

So 60% of the bitcoin being sold was being distributed to the 60 + countries around the world? So if ever all of the people in these different countries will contribute just like the people in japan so  probably bitcoin price will be expensive as a luxury car display. That would be so hard to invest if that will happen. Today bitcoin price is already expensive ranging from 7k USD - 10K USD is much expensive. How much more if those people around the world will participate in investing bitcoin. Anyway i know that bitcoin owner or its admin are working also on promoting another ICO so that the bitcoin investors will jump to another crypto that will surely achieve what bitcoin has already achieve also. I guess it could be ethereum or those known crypto in the market will be next to bitcoin.

[weston4mills]

I think Japan is the country that understood that technology is important and I admire them for believing in it

[MigoAmigo]

Japan has already shown us that when it comes to bitcoin and adoption that they are at the fore front. The japanese know the potential of bitcoin and they support it.