Nomura Securities analyst Yoshiyuki Suimon, Kazuki Miyamoto, said in a report released on Friday that a rise in bitcoin sales in 2017 is expected to increase consumer spending in Japan by 232-960 billion yen (equivalent to $ 206.7 to 8.554 billion). The report notes that bitcoin The increase is mainly concentrated in the fourth quarter of 2017. The relative wealth effect (unrealized profit forecast of up to 3.2 trillion yen or $ 28.5 billion) is expected to make the first quarter of 2018 Japan's real GDP (calculated on an annualized quarterly basis) ) Up by 0.3 percentage points CryptoCompare statistics show that in most of 2017 yen-denominated bitcoin transactions accounted for the overall transaction volume of about 5%.
The Wall Street Journal reported on the 2nd that according to CoinDesk, bitcoin will receive $ 13,860 for the year 2017 (2017), a year-on-year increase of 1,331%.
Quote from coindesk.com showed Bitcoin reported US $ 15,097.75 as of 12:45 PM on the 3rd of Taipei, the highest intraday price quoted at US $ 15,214.57.
XBT futures are cash settled on the bitcoin auction price (in USD terms) of the Gemini Trust Company, LLC (Gemini) (equivalent to winners receiving cash from losers instead of bitcoin) and a contract equivalent to a Bitcoin. A contract is equivalent to five bitcoin.
Thomson Reuters reported last month that, unlike XBT, BTC futures are cash settled on the offer of several Bitcoin exchanges with a 35% margin and a XBT of 40%, both well above the S & P 500 5% of the index futures.