Topic: Asia can be the biggest crypto market - page 3. (Read 2272 times)
I think that currently Asian have a great influence on cryptocurrency price movements because some time ago China stated that providing support for cryptocurrency and could make bitcoin prices increase and cryptocurrency circulation indeed seems to always have to need good news like that to make the price rises and increases demand.
Asia is currently leading the cryptocurrency markets, but at the same time, most of the scams and hacks have targeted the users from this region. Almost all of the exchange hacks have targeted cryptocurrency exchanges from Asia. Also, some of the biggest scams (such as the PLUS token scam, which stole more than $3 billion) had their origins in Asia.
I don't know but i have a thing for asia projects, either bounty or new projects they mostly turn to success, i think asia continents have high interest in blockchain than others ,look at gowithmi, nestree, zeux, celer network etc they are all good projects
That is true that asia have the chance to become the biggest crypto market as we know that Asia is the biggest continent in the world and in asia also can found the different countries who has a good internet connection like China russia and etc. This can be a good sign that asia can be the center of the crypto market because biggest country like them are allowing crypto in their country and also this countries has a good internet connection and sevices.
yes you are right OP Asia has the potential to become a cryptocurrency market. if more and more Asian countries support and adopt the blockchain then I am sure that cryptocurrency can develop rapidly in Asia. and news about the president of China supporting blockchain will encourage other countries to adopt blockchcain and cryptocurrency.
many hope crypto will develop well in Asia but it is important to know that there are still some countries that have not been able to adopt blockchain technology due to lagging. if there are countries in Asia that are able to influence other countries to adopt blockchain technology then I'm sure countries that are not currently ready to adopt it can think again to adopt blockchain technology
Tighten your seatbelts for the biggest crypto drive we've never seen before, everything that altcoin investors have been waiting for will easily come to past now, i will keep building my portfolio for 2020 because i believe this is the last chance to get your hands on cheap tokens that won't be cheap anymore soon
yes you are right OP Asia has the potential to become a cryptocurrency market. if more and more Asian countries support and adopt the blockchain then I am sure that cryptocurrency can develop rapidly in Asia. and news about the president of China supporting blockchain will encourage other countries to adopt blockchcain and cryptocurrency.
Population is surely a major drive to a nation's development or adoption of an emerging technology. China has the population. Africa has the population too. So it's only a matter of time that we will begin to experience significant real use cases.
The more people you have, the more users definitely you are going to have for your project. There is no doubt that both continents i.e. Africa and Asia have large populations and this is why every market of the world wants to target them to generate great revenue. This is why crypto market suffered some serious declines in values when china stops using crypto or bans officially exchanges in their country. While when China announced that they will adopt the blockchain technology then a lot of investment came to crypto market 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?
Asia's regulations appear to be more lax than those in Europe or America. This could be a way for cryptocurrency adoption and predictions that Asia will dominate transactions in the cryptocurrency market will happen
Considering the fact that almost half the world's population is concentrated in Asia, I won't be very surprised if Asia dominates the cryptocurrency market in the near future. But at the same time, we need to admit that Asia was a late entrant. Before mid-2013, Asia was an insignificant market as far as cryptocurrency was concerned (with Japan being an exception). It changed after mid-2013, when the Chinese users flocked to Bitcoin in droves.
While talking about cryptocurrency in Asia, we need to make the distinction between countries that are supportive of cryptocurrency (such as Japan, Philippines, South Korea and Singapore) and those who are very hostile to that idea (India, China, Nepal, Bangladesh.etc). The recent signals from China are encouraging. If the Chinese government ends its blind hatred towards cryptocurrency, then it can benefit everyone.
While talking about cryptocurrency in Asia, we need to make the distinction between countries that are supportive of cryptocurrency (such as Japan, Philippines, South Korea and Singapore) and those who are very hostile to that idea (India, China, Nepal, Bangladesh.etc). The recent signals from China are encouraging. If the Chinese government ends its blind hatred towards cryptocurrency, then it can benefit everyone.
-snip-. 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?
Need more understanding to be able to accept crypto than just an investment, even i feel that crypto enthusiat have not been able to find ways how to accept crypto in a mpre tangible use than just an investement.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?
I'm agree that Asia can be the biggest crypto market and China will leads it, I see China government always push the citizens to adopt many new technologies as much as they can.
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?
I completely agree, Asia has indeed the potential to be the biggest user of crypto.
They say that population is power, and it is true. Just look at China and India, they are rising world powers mostly because their population is so huge that they have more chances of giving birth to geniuses and game changers. If Asia can get it's people hooked on crypto theres no stopping what one can imagine. Bitcoin and crypto value will rise so high and it excites me more than anything.
The population of Asia is very actively interested in cryptocurrency. Many cryptocurrency exchanges are concentrated there now, the volume of cryptocurrency trading in this region is growing rapidly. Therefore, Asia has actually become one of the leaders in introducing cryptocurrency into our global financial system. China is also moving slowly in this direction. Although they are looking for their own path to cryptocurrency, however, this large state cannot do without integration with the rest of the world.
in fact Asia is so easy to accept the development of the times so that crypto can easily in people who are enthusiastic in their economy ,each individual also helps each other to learn knowledge about crypto no doubt the biggest crypto market is indeed in asia
The population of Asia is very actively interested in cryptocurrency. Many cryptocurrency exchanges are concentrated there now, the volume of cryptocurrency trading in this region is growing rapidly. Therefore, Asia has actually become one of the leaders in introducing cryptocurrency into our global financial system. China is also moving slowly in this direction. Although they are looking for their own path to cryptocurrency, however, this large state cannot do without integration with the rest of the world.
Asia is already the largest market for cryptocurrency. From the exchange data, it is clear that the volumes for [China+Japan+South Korea] is greater than the combined trade volumes for United States + European Union. One of the reasons is that Asian fiat currencies tend to be more prone to devaluation when compared to those in the EU/North America (especially CNY and INR). On top of that, Japan was the first country, which implemented pro-Bitcoin policies and regulations. Other countries such as Germany and Switzerland simply followed the example that was set by Japan.
I totally agree with you Asia is no doubt the biggest crypto market at the moment. In Asia China, India, Indonesia, and Pakistan are the most populated countries and if these all countries investors data collected then i am sure this will be more than the rest of the world.
with china power only they could make cryptocurrency market moved extremely.every news from china , good nor bad it have huge affect that will responsed by investors.i could not imagine if countries above unite and release something good news , maybe bitcoin and altcoin will immediately hit new all time high ever.asian still be main player in this market.I've seen there are news from US aswell regarding crypto in the past but the impact is not as huge as one from china maybe because china rarely speaking about crypto tho after their declaration of prohibiting it however it's like an oasis in the center of desert. Not to mention that most of the capital possibly coming from east asia including china in the past. Southeast asia despite being densely populated still lacking the capital.
I totally agree with you Asia is no doubt the biggest crypto market at the moment. In Asia China, India, Indonesia, and Pakistan are the most populated countries and if these all countries investors data collected then i am sure this will be more than the rest of the world.
with china power only they could make cryptocurrency market moved extremely.every news from china , good nor bad it have huge affect that will responsed by investors.i could not imagine if countries above unite and release something good news , maybe bitcoin and altcoin will immediately hit new all time high ever.asian still be main player in this market.
There is no doubt about the fact that Asia can become the top leading cryptocurrency market across the globe. As the Chinese president, Xi Jinping, expressed his interest in Blockchain technology and Bitcoin, the adoption rate can increase incredibly when structures are put in place to promote crypto in Asia.
Already is mate. Asia has completely taken over the market and countries like Japan, Korea and Singapore have taken over the industry and where some of first early cryptocurrency adopters in the world.
With the recent announcements by China and its president, it is very possible we could be looking at the start of a crypto revolution, with China being the forefront of it and leading the charge with the very first national cryptocurrency. Fiat is actually facing some real competition now, especially when entire countries end up adopting the technology.
With the recent announcements by China and its president, it is very possible we could be looking at the start of a crypto revolution, with China being the forefront of it and leading the charge with the very first national cryptocurrency. Fiat is actually facing some real competition now, especially when entire countries end up adopting the technology.
I totally agree with you Asia is no doubt the biggest crypto market at the moment. In Asia China, India, Indonesia, and Pakistan are the most populated countries and if these all countries investors data collected then i am sure this will be more than the rest of the world.
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