Quote from: richardsNY on April 03, 2017, 04:32:10 PM

Quote from: Natulat on April 03, 2017, 07:52:54 AM

Quote from: LittleBitFunny on April 03, 2017, 01:34:12 AM

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.

In order for Bitcoin to be used as payment tool on a large scale, it must offer a significant better usability experience when it comes to buying goods locally. As long as that isn't the case, people will prefer to pay with their fiat currencies. That's why I believe the implementation of Lightning Network will push Bitcoin closer to competing with fiat on local level.

Yes, SegWit & LN will definitely be needed for this to go mainstream in Japan. It only takes 1 bad experience for a new user to turn them

against this technology. I have had a personal experience where I introduced someone to Bitcoin and they made a transaction in a time where

one of these spam attacks was done.... the person had to wait 2 hours for his transaction to confirm and they abandoned Bitcoin because of

that. Angry