Quote from: kevinn669 on August 30, 2017, 07:50:11 PM

Quote from: fearcoka on August 30, 2017, 06:55:45 PM

Quote from: naira on August 30, 2017, 05:18:43 PM

Quote from: winnerhor on August 30, 2017, 04:39:29 PM

Now Japan accept bitcoin , over 30,000 shop in Japan accept bitcoin for payment .

This is a public acknowledgment of the existence of bitcoin
The confidence in bitcoin is getting higher and this will make the price soar

Although Bitcoin accepted in Japan as new payment gate, but the people in that country do not use Bitcoin for purchase all like our thought. They just use for transfer a huge money and trading, use for purchase small order make them waste a lot of bitcoin.

Regardless of how bitcoins are used, it makes the crypto currency very popular. And this is very good. The demand is rising, which means that the price is rising.
But I do not like the position of the Chinese government in relation to bitcoin. It seems to me that it wants to limit the use of this currency

Truly. Japan's growing economies are made possible by wise people behind it then they truly know that to make good use of Bitcoin then they may trade it or make it known then accept bitcoin as payment since they know that price will surge up hence in the long run they will profit than what other people perceived. As far as I know, China's standing is neutral since they acknowledge the opportunities that Bitcoin is offering but like other governments think, there are concerns that needed attention to fully embrace it.