Post
Topic
Board Bitcoin Discussion
Re: 40% of BTC daily Volume is Japanese
by
aoihs00
on 02/04/2018, 10:26:56 UTC
I read that 40 percent of BTC daily volume is Japanese and 40 of BTC is owned by whales.

I would say bitcoin is in safe hands then. Because Japan was the first country to make the bitcoin legal one and this is the reason why they are having most of the bitcoin in their possession. God knows, today also whatever volume we are seeing after being dropping to such low level is all because of the Japanese buying it. As they have no problem in acquiring them and people might be enjoying the freedom that was given to them by Japanese government.

Its not worrying thing because it is in regulated hands. We must not cry upon this situation as we are not seeing this much amount in the hands of china! Lolz.