Post
Topic
Board Bitcoin Discussion
Re: What makes the bitcoin price stronger in the market?
by
FelixTheHat
on 02/05/2017, 06:36:52 UTC
I'm thinking this boom will be short lived. Japan lifted the consumption tax (8%) from BTC purchases starting in May. No coincidence that the price rose about 8% against the dollar. I'm kicking myself for not predicting this boom, since I knew about new law. Careless mistake. Sad I think Japanese people were waiting for this day, and will buy most of their stalled bitcoin purchases today and tomorrow.