Topic: Asia can be the biggest crypto market (Read 2225 times)
When you mentioned China, I am inclined to listen but when you mention India and Indonesia, I think those ones are a pure example of Quantity and not Quality, but Asia is definitely one of the giants in the Cryptocurrency space and two major players are China and South Korea.
Asia is indeed one of the biggest crypto market especially China, now that their president made a statement to push and explore block chain technology i think money will flow gradually into cryptocurrency. This is a great news that will have great effect on crypto market worldwide.
That's right, Asia has a large amount of crypto community. The next thing is Asia has many more crypto-friendly counties and they accept cryptocurrencies and payments. Another thing is most ICO projects are registered in Asian countries. Singapore, Japan and South Korea are a few crypto-friendly countries in Asia. I believe Asia can build a large crypto community in the world.
As a matter of fact, south east Asian countries such as Philippines is now accepting cryptocurrency better than before. I see, it is not just Asia that will be the biggest crypto market, it is all over the world that contributes to the growth and development of cryptocurrency, as we embrace the emerging season of it. In my bounty hunting days, I see most of the projects came from South Korea, there fore we can say Korea will lead the altcoin dominance in Asia.
It's big enough for a development of the Asian Continent. many countries have taken a stand to support cryptocurrency. and in some I also see the tendency to support, but the regulations of each country differ. some are allowed to invest and are prohibited from paying and vice versa. what is clear if there are projects that want to develop in a country must be able to see the commitment to support
There's a lots of Asian countries who are crypto friendly, they're open to any updates and ideas that will be favorable to them. Asians are workable with new technology aside from the whole concept came from a name which is native from Asia it seems to have an impact that supports can be acquired from this Nation. If majorities will tied together then the growth of this market will penetrate and materialize more from this side of the world. maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
During the last bull run, the Asians were more involved. I think they are at the helm of massive fire power in terms of monetary investment into cryptocurrencies. After the recent ban of Bitcoin in China, then the market started to loose volume slowly and slowly. They(the Asians) still at this stage make up a huge proportion of the money flowing in and out of this market.
It's big enough for a development of the Asian Continent. many countries have taken a stand to support cryptocurrency. and in some I also see the tendency to support, but the regulations of each country differ. some are allowed to invest and are prohibited from paying and vice versa. what is clear if there are projects that want to develop in a country must be able to see the commitment to support
maybe it happens if Asia is able to become the biggest crypto market because people's enthusiasm for crypto will continue to increase in its use among the people, regarding government regulation will definitely be overcome, because most governments already believe that this technology can be very beneficial for people who are able to use it because many people think crypto is able to overcome economic problems for every individual who uses it
Asia is very enthusiastic to invest in the crypto world, currently not all countries in Asia that there is crypto usage in the real world, but some countries already exist such as Malaysia existing ATM Bitcoin machines, and there is also a physical coin ethereum. But I believe that as the future of crypto technology grows there will be real physical coins.
Asia is generally a very large continent which I think is even the largest in terms of population, and we only need the larges countries in these continents to really buy into the idea of cryptocurrency which I think that with time, they will all do. We could see how effective their participation is in cryptocurrency of recent when it was just a statement by the president of the country of china that is making the value of bitcoin to start rising all over again, just because people felt relieved now that he is buying into the idea of blockchain.I wonder what will not happen if he comes openly one day to specifically talk about his support for a particular coin, which I know will be bitcoin, but anyway, this continent Asia could really be a very big asset to us if they accept crypto fully.
maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
Most Asian countries are still in developing stage. Some manage to successfully urbabized its central community just like Singapore and Japan. Those countries observe proper behavior for its citizens. They are also advanced with tech and that included block chain technology. India and Indonesia have great potential in the crytomarket due to high manpower. Meanwhile, China made quite a news that she is about.
The biggest cyrpto market cannot be defined on population alone but it is based on populations financial capacity. India and Indonesia have a billion population but South Korea alone beats their crypto volume. South Korea population is not even 100 million. Asia's top crypto volumes are from China, South Korea and Japan. Pakistan, India and Bangladesh are densely populated but nowhere near but it's improving.
I think there are more crypto investors from Asia considering that Asia has the largest exchange in the world today such as binance, okex. Maybe for some countries in Asia such as India, China, Indonesia that have not yet implemented crypto regulations, that's why crypto has not been considered to date, some people only use to invest, hopefully in the future crypto can be used as a currency for payments and other transactions
I agree that Asia will be the biggest crypto market in the future since there is a good and stable internet connection in this continent and that countries in Asia are more open on crypto for future currency compared to some other countries. While China has made bitcoin a legal currency, other countries too may follow the path of China and slowly adopting cryptocurrency as an alternative payment option aside from fiat. 
maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
Most Asian countries are still in developing stage. Some manage to successfully urbabized its central community just like Singapore and Japan. Those countries observe proper behavior for its citizens. They are also advanced with tech and that included block chain technology. India and Indonesia have great potential in the crytomarket due to high manpower. Meanwhile, China made quite a news that she is about.
I have no doubt that Asia is the catchment area of the crypto market. As we are seeing, China seems to be one of the first nations to have noticed.
I think the cryptocurrency exchange place in Asia is already very large and many traders who come from Asia with a lot of trading capital and the Asian economy cannot be underestimated because if Asia can unite all then it will be able to influence the price of coins at the exchange place.
Yes, you are absolutely right, I also read on the neironix that China is the leading miner on earth and this only gives confidence that China will control a lot in the crypto world.
I agree with that view. If you accept Russia as one of the Asian countries, things change even more. Although, according to some experts, Russia is considered a European country.
But I find the value Asian countries give to blockchain more valuable. Especially China, South Korea, Singapore and many other countries invest in blockchain and care about blockchain.
For the world to break the dominance of the dollar, it is essential that Asian countries make such strides.
Breaking down the dominance of dollar is really a tough task, it has gone out of hands. Now if the dollar dominance is shattered through some means, soon they'll get to take control and over come. For this they will go even to any extreme of war. But I find the value Asian countries give to blockchain more valuable. Especially China, South Korea, Singapore and many other countries invest in blockchain and care about blockchain.
For the world to break the dominance of the dollar, it is essential that Asian countries make such strides.
Now Asian countries are highly progressing in all the industry. Now blockchain has got added, as Asia has got countries with increased population it is easy to top the market if people gets aware of the technology.
Yeah, I know, but the only way to do that is to be a pioneer in blockchain technology.
This is not a short-term plan, it will take maybe 30-40 years and eventually Asia will achieve this. That's what the statistics say.
I think the cryptocurrency exchange place in Asia is already very large and many traders who come from Asia with a lot of trading capital and the Asian economy cannot be underestimated because if Asia can unite all then it will be able to influence the price of coins at the exchange place.
Yes, you are absolutely right, I also read on the neironix that China is the leading miner on earth and this only gives confidence that China will control a lot in the crypto world.
I think the cryptocurrency exchange place in Asia is already very large and many traders who come from Asia with a lot of trading capital and the Asian economy cannot be underestimated because if Asia can unite all then it will be able to influence the price of coins at the exchange place.
I think it is proven now that asia already became the biggest crypto market in the world because i'm sure the statistics will showing crypto users from asia is very much compare to the crypto users who came from outside asia and indeed asia continent is very potential for crypto development because besides as the continent with the most population asia also have good facilities to support crypto such as stable internet connections but indeed in the some countries crypto regulated still being an main issue
Asia has always been part of the largest crypto markets in the world, hence there is no doubts about the fact that it is possible for it to be ranked the biggest crypto market. Most of the largest and tier one exchange platforms like Binance and Kucoin are all in Asia. Also, as the Chinese president Xi Jinping announces his interest in Blockchain technology and cryptocurrency, the adoption rate will certainly increase.
In my opinion Asia was always the biggest crypto market. They have the bigger exchanges , most volume , a lot of projects , a lot of angel investors , top tier devs, all of this factors puts Asia in top of cryptocurrencies market and not only. Maybe in time USA will step-up and will balance the things but for now I doubt anyone can take Asia especially when a new halv its on the way and China announce its cryptocurrency project.
maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
That's true. The bulk of the world's population is focused in Asia. And when the adoption comes, the people here in this continent will be the ones who will cause Bitcoin's actual use rise massively. But the present condition in the continent is not that friendly toward Bitcoin. China is not saying businesses and people can now use Bitcoin as money. India is unfriendly. Indonesia is not so clear as well.
Yes, Asian cryptocurrency investors are the biggest for sure and the majority of people supporting cryptocurrency businesses are also from Asia. If you look at the number of cryptocurrency exchanges from Asia are huge, which includes Binance, Huobi, KuCoin, OKEx, Coinbene, and many five start exchanges. Of course, Asia is the biggest cryptocurrency market in the world.
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