Post
Topic
Board Speculation
Re: Japanese run the BTC price!
by
Tankdestroyer
on 08/05/2018, 23:36:10 UTC
If it closes below 8800 it will be ugly!
Yen is over 50 percent of volume!
We are at their mercy!
That's just volume and not total holdings, so we aren't at their mercy. Other countries like Russia, America, etc. have more holders when compared to Japan, and them dumping would just look puny when compared to holders of those countries dumping. Do not worry about volume since it will subside soon when btc becomes more adopted by countries. Volume will eventually be evenly distributed among many countries.