JayJuanGee
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How much alt coin diversification is needed? 0%?


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February 19, 2017, 01:46:21 PM

According to Bitcoin Wisdom Bitcoin values still differ significantly across exchanges even if trading seems still.
Bitstamp $1059.03  BTC-e $1036  Bitfinex $1060.8  OKCoin $1045.76 Kraken $1058,10
China volume is so tiny on BTCC and OKCoin Cool

We are going to have to start looking at the Japanese Bitflyer volume too.   It seems to be a pretty big deal.

https://www.cryptocoinsnews.com/japanese...-exchange/

 The above article from a few days ago is discussing the fact that three of Japan's largest banks are investing in Bitflyer.

It seems that Bitflyer is a legit and regulated exchange, but the article discusses, the BTC trade volumes on there as 5x to 10x the trade volumes of other major exchanges.

There have been some theories thrown out there about Japan taking over Chinese fake volume, but I don't think that there is actual evidence that the Japanese exchange volume is actually fake... I think that the fact of the matter is that Japan is creating a kind of regulated but friendly atmosphere for bitcoin.. at least currently.

If these BTC trade volumes are correct, then it will definitely put upwards price pressures on BTC including the USD/BTC pairs.