Quote from: Kemarit on December 16, 2017, 07:03:10 AM

Quote from: Juggy777 on December 15, 2017, 11:56:12 AM

Usa is selling seized Bitcoins money and converting it back to usd, this shows they are interested in the coin and will be happy to allow price hikes happen cause they'll profit a lot from sales. I feel usa shall sooner or later back Bitcoins indirectly.

https://arstechnica.com/tech-policy/2017/12/feds-moving-quickly-to-cash-in-on-seized-bitcoin-now-worth-8-4-million/?amp=1

I don't think that we should take this a good sign from them. They are just cashing it out, and they are right, perfect time to convert it to USD because the price is mooning. That's lots of cash to help whatever cause they want with the millions. They can even buy another sophisticated toys or venture it in an "experiment project" to catch criminals who are using bitcoin to hide their activity.

Quote from: Juggy777 on December 15, 2017, 11:56:12 AM

While a Japanese company has decided to pay part salary in Bitcoins, now how many of us wish we're part of that company don't we? Their motto to spread Bitcoins and gain more knowledge on its working that's good right for the crypto king.

https://amp.theguardian.com/technology/2017/dec/15/japanese-company-paying-employees-bitcoin

I also don't think that this will have a impact to the market. The only effect I see is that maybe some of those who have been paid in bitcoin will somewhat re-invest in into the ecosystem. But I wouldn't be surprise if they are not. No need for them to spread the knowledge since Japan has already legalized bitcoin. By this time I assumed everyone is already familiar with it. There's also a lot of questions in my mind regarding the payment system, but I will just keep it myself. You can't really stop admiring Japan though, they are really leading this bitcoin march to the next level.

Indeed, government liquidating their BTC is not at all what we call supporting BTC in anyway. They are rather getting rid of their BTC holding at good price and must be expecting a dump. Regarding Japan, we have tons of examples of businesses there supporting Bitcoin in one way or other. Many of the shops there are accepting Bitcoin and using it. One company giving salary in Bitcoin that too to some employees isn't really big a deal.