Quote from: wuvdoll on December 11, 2017, 03:55:13 PM

I am sure most of the traders ended up moving to neighboring markets which I am sure is the reason why BTC-JPY market is on top now.

Correct. It's the most logical step for people there to follow considering how open and nearby Japan is. Also, Huobi is cooperating with a Japanese firm to launch YEN nominated exchanges, which again confirms that Chinese players are shifting to Japan, and from there eventually spread out further over the Asian continent. I am sure that Japan and other countries in the Asian continent will look happily forward to this, considering that it potentially means more job opportunities and capital being invested in there. China is just tackling itself instead of keeping a potential threat to their economy outside. People will always have their ways of investing and using Bitcoin - nothing can take that privilege away from them.