Post
Topic
Board Bitcoin Discussion
Re: Yahoo Japan to Launch Crypto Exchange
by
suzanne5223
on 12/10/2018, 00:43:48 UTC
Yet another good news toward mass adoption. To add to it, a cryptocurrency friendly country, Japan, will be launching it. Hence, we can expect great things from it.
I dont think this news has been able to push the price of Bitcoin in anyway. I hate to sound a little bit pessimistic here but that's my truth. Japan is a known bitcoin friendly country. I don't think any news coming from there will impact majorly on bitcoin. We should be having positive news on bitcoin from sworn bitcoin enemy countries if we are to get the mass adoption we seek for bitcoin.

Bitcoin would have to be tiny really for news about just another exchange to really move the price. Maybe some years ago it would. But these days the market is much bigger and more mature I think.
Despite the fact that the cryptocurrencies market is much bigger and mature as you said. I will never ignore the power posed by news/information had if I were you and i want you to ask yourself why did some project owner do crypto challenge/airdrop to increase their people visibility, traffic and price.