Asians are the most bitcoin holders in the world. - page 7.

Sum24

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Quote from: jambul_kribo on September 19, 2018, 07:13:13 AM

Quote from: zhanyiguai261315 on September 19, 2018, 06:50:46 AM

Because the creator of BTC may be Asian!
Most of the world's mines are also in Asia, and BTC is also a legal cryptocurrency in Japan!
BTC is very popular in Asia, many people hold BTC!

we should say thank you to asian people , especially for chinese , korean and japanese.in those country give big contribution to cryptocurrency market.

Yes because all those countries are well developed and strong countries so if they will hold our hand and will help is to make more bitcoin I am sure price of bitcoin will be high after their attention and their contribution to bitcoin progress, Asians are for sure the most technologies accepts and developing countries so yes! The more they will accept the more prices will recover faster.

akram143

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Quote from: Danimore on September 22, 2018, 04:41:18 AM

I don't think so. Bitcoin is hold by many people around the world but I do not believe that almost asian people are holding bitcoins. The trading volume of bitcoin is used much more in American and european countries as I know.

Bitcoin does not need which country you are it needs only the investment from you Nationality is not a big problem for investors and we cannot surely say Asian are holding a lot of Bitcoins and also many peoples in different countries had invested in this field

vagsun

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Quote from: Cripinggedang on September 18, 2018, 11:08:13 AM

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

Its true that bitcoin was born or originated in Asia. But the statement that the majority of bitcoin holders are Asians is not true. Bitcoin is completely decentralised and has no border limits. It has spread all over the world and according to me there are no stats published till date which shows that most of the bitcoin holders are Asians. Though this statement may be true, but there is not such official statistics published in this context.

kingvirtus09

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We don't know yet so don't speculate to much, Maybe the who crypto market are the most holders coming from ASIA not bitcoin. Well if that's a thing then i am so happy to be part of this Crypto millionaire.

BartS

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Quote from: vit05 on September 18, 2018, 10:55:51 PM

It's a cultural thing. There are a number of studies and surveys that show that the level of savings among Asians is far greater than any other. In addition, Asians seem to be more favorable to the modernization than the internet. In many countries there is resistance to the new culture of the internet, in Asian countries this is very low.

If it is a cultural thing that we need more of that, because I have known a lot of people that earn good money out of their jobs and yet they have a lot of debt and no savings, in the most extreme case that I have seen in my life a business owner was earning a lot of money out of his business and yet as soon as the business didn't earn as much money as he was used to he was forced to declare bankruptcy and lost everything just because his debt levels were so high.

onrise

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Quote from: goaldigger on September 22, 2018, 04:58:37 AM

I believe in that also. Japan holds a large amount of bitcoin given that it originated from there. I also see a lot of my fellow countrymen having a crypto investment and its quite becomes popular in the country. Although bitcoin spreads arpund the world, i guess asian countries becomes more supportive when it terms on adopting crypto.

Japan was one among the initial countries to legalize the btc in their country and due to which people started accepting the btc as a payment mode in their business. Also China some years back where the leading and constituted almost 50% of the trade happening in bitcoin.

omfg.xekcep

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Quote from: Cripinggedang on September 18, 2018, 11:08:13 AM

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

Generally speaking it is possible that your assumption is right but I have not seen any researches, articles and official documents where would be listed the bitcoin holders averaged and ordered by a nationality. By the way I am wondering how to count the Asians who do not live in the Asian region I mean, for example, those who live in US, EU and so on. Also some part of investors holds money in mutual funds (I mean those funds which invest in Bitcoin) or has a personal financial manager who manages their capital. I think that it is impossible to count the investors who do not manage their money themselves.
What about my opinion, I consider that the Asians hold much Bitcoins but I cannot say with full confidence that the Asians hold more Bitcoins than other ones.

goaldigger

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I believe in that also. Japan holds a large amount of bitcoin given that it originated from there. I also see a lot of my fellow countrymen having a crypto investment and its quite becomes popular in the country. Although bitcoin spreads arpund the world, i guess asian countries becomes more supportive when it terms on adopting crypto.

Danimore

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I don't think so. Bitcoin is hold by many people around the world but I do not believe that almost asian people are holding bitcoins. The trading volume of bitcoin is used much more in American and european countries as I know.

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Quote from: Cripinggedang on September 18, 2018, 11:08:13 AM

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

It is true , most of bitcoin holders come from china & Russia . I hope the two countries take official steps to legitimize crypts markets . Eth & NEO are true leader of altcoins market .

Shenzou

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Quote from: Cripinggedang on September 18, 2018, 11:08:13 AM

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

First of all bitcoin was not born in Asia, just because its creator is called Satoshi Nakamoto does not make it Asian, besides bitcoin is supposed to be decentralized and spreaded around the world, however it is true that a great percentage of the the individuals that are using bitcoin at this time are mostly Asian, not that we are able to identify the source of transactions and what country are they are coming from, but a lot of people and businesses are supporting it and a lot of investments have gone into it more than any part of the world, for example if you go to japan you will find more restaurants or shops that accept bitcoin than you will find in the US, as for holding i would pretty much think that the majority of holders are not from Asia, there is no way to tell so but as i was saying, people who are able to spend their bitcoin more will probably be holding less than the people who don't have anywhere to spend it on, as the case in the US and in Canada.

Crypto Girl

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Quote from: Soneo on September 18, 2018, 12:03:52 PM

Quote from: butka on September 18, 2018, 11:17:32 AM

Is there really a way to tell where the majority of bitcoin holders reside? I don't think so. Bitcoin doesn't know nor care about nationality, country, religion, continent... It is a universal borderless currency. Maybe there are indirect ways to correlate users with countries, but that would be very hard to do accurately.

What do you mean by bitcoin was born in Asia? Because of the name Satoshi Nakamoto or do you have some other argument?

maybe what he meant was satoshi nakamoto as the pioneer of the creation of bitcoin. that might be the argument for him. because sathosi is Japanese. that's my opinion

So? Let's say Nakamoto is Japanese but he/she/they plan and made bitcoin in other country? I think this argument is useless since it doesn't matter in any bit. And certainly, nobody can exactly point out that Asian is the biggest holder of bitcoin since the address is the only way and it's anonymous. Even someone here says that majority of transactions were been made in Asia, still isn't appropriate. So what if American 1 and European 1 resides somewhere in Asia, do we can still conclude that?

zubrr51

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It happened because the Asians in their mass are more inclined to technical innovations than the Europeans.

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Quote from: bryant.coleman on September 22, 2018, 01:02:04 AM

Quote from: Cripinggedang on September 18, 2018, 11:08:13 AM

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

Bitcoin was born in Asia? That is debatable. We still don't know about the real identity of Satoshi Nakamoto. There is a chance that he is Japanese, as his nickname hints, but there is no proof.

it is not important who is real satoshi nakamoto.most important thing is he made something usefull in payment technology.and also he provide many job for unemployement people by joining in ico or bounty campaign.

justspare

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Quote from: Cripinggedang on September 18, 2018, 11:08:13 AM

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

Stop deceiving yourself mate! No one knows exactly where Satoshi Nakamoto originated from and there is so much, revolving around the speculation of the real identity of Satoshi Nakamoto with some believing it is even a group even though it has an Asian meaning.

Nonetheless, let's even assume the creator of bitcoin is from Asia, what certainty do you have that Asians are the majority when it comes to bitcoin holding ? Well, if we are to look at it from the trading volume perspective daily, we might give it to Asia, but in reality, this does not necessarily mean they are the most holders. Blockchain technology nor bitcoin does not provide/keep any geographical information from both bitcoin holders and miners. Hence, no one could estimate who holds how much geographically.

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Quote from: Cripinggedang on September 18, 2018, 11:08:13 AM

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

Even though it was created by "Satoshi Nakamoto" they said. But, it could be an surname or just a nickname of someone that they don't want to leak their information to the public and it doesn't mean they are asian based on their name. That's irrelevant in this case.

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Quote from: usekevin on September 19, 2018, 12:35:46 PM

Quote from: bigmelons25 on September 19, 2018, 11:42:03 AM

Yes from my personal experience Asia is much more accepting of cryptocurrency than other countries. Especially in Japan where a large number of citizens hold some bitcoin.

Maybe,Asians are the most bitcoin holders in the world is true.Eventhough China is against bitcoin flow and cryptocurrency. Most of the people in China had involved in trading and Mining. Because cryptocurrency related business is most profitable one. Actually I accept your point about Japanese involvement in cryptocurrency.

Its true i belongs to aisa's country where most of my relative and friends are aware about bitcoins. Whenever i go we discuss about bitcoin i am wonder how people of my country are aware and we're using this cryptocurrencies more than fiat.

bryant.coleman

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Quote from: Cripinggedang on September 18, 2018, 11:08:13 AM

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

Bitcoin was born in Asia? That is debatable. We still don't know about the real identity of Satoshi Nakamoto. There is a chance that he is Japanese, as his nickname hints, but there is no proof.

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Quote from: Cripinggedang on September 18, 2018, 11:08:13 AM

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

Most of the government in asia are allowing their own people to invest on cryptocurrency because they knew that it can actually improve their own country since people can pay taxes easily in that way.

adpinbr

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bank transactions are proof that bitcoin is mostly used in Asia but I doubt that Satoshi Nakamoto even cares; Bitcoin is a worldwide currency anyway so regardless of your country or wherever you are as long as you have a connection then you're good to go.

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