Post
Topic
Board Press
Re: [2017-4-02]Bitcoin Tops $1100 As Japanese Payments Law Goes Into Effect
by
Natulat
on 03/04/2017, 07:52:54 UTC
I'm not sure that a surge in Japanese consumers has actually resulted in that much of a surge in demand.  Maybe a little bit, but I think the balance of skepticism and optimism with a hard fork has been the main factor for a while and might continue to be.  I don't think that too many Japanese people are going to think, "Wow! I have to register my identity on exchanges now! I'd better buy some Bitcoin!  So, what's the best exchange nowadays?  Mt. Gox?"

I hope the Japanese will use bitcoin in their purchase. That will provide support to the bitcoin.