Sandeep Goenka, cofounder and chief operating officer at Zebpay said:
The increasing awareness of bitcoins worldwide, particularly about its revolutionary technology, has triggered a rally in the bitcoin market...Japan has now added itself to the list of countries that have regulations for bitcoins. Due to these positive factors, bitcoin prices have been showing tremendous strength.
Meaning further rise!
The increasing awareness of bitcoins worldwide, particularly about its revolutionary technology, has triggered a rally in the bitcoin market...Japan has now added itself to the list of countries that have regulations for bitcoins. Due to these positive factors, bitcoin prices have been showing tremendous strength.
Meaning further rise!And because of that, we can expect that more merchants will accept bitcoin. We can also expect an increase in users while years passing by. The recent events really bring more popularity and awareness about what bitcoin really is. Im excited to see what will happen on August, is it breakthrough or will just a reason for bitcoin price to decrease much?
Actually a simple accepting of this currency is a good thing to see even it's not been regulated meaning it can be freely used on a certain country. There are lots of countries today where bitcoin is freely used but still not regulated.