Bitcoin countries: top hotspots that use BTC - page 3.

davis196

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Quote

list of the countries that have the most Bitcoin HODLers
1. The United States
2. Romania
3. China
4. Spain
5. Japan
6. Switzerland
7. South Korea

I usually don't trust such lists,because the information can't be verified and I'm surprised that Romania is ranked at number 2 for the country that has the most Bitcoin HODLers.This is weird.There must be a reason why there are so many Bitcoin HODLers in Romania-probably due to cheap electricity for crypto mining or very liberal cryptocurrency trading regulations.

DdmrDdmr

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There are lies, damned lies and statistics. MTwain

Quote from: robertjack on September 29, 2020, 05:20:37 AM

<…>

You need to include a reference to the source of that information:

First block of data: https://medium.com/@biditex/7-countries-with-the-most-bitcoin-hodlers-503b205d926f

Second block of data: https://www.investopedia.com/articles/forex/042415/10-cities-leading-bitcoin-adoption.asp

Third set of data: Google Trends (Ok, you mention that one).

Regardless, the information from some of those sources is not as it seems, or may be quite imprecise:

- The HODLers source does not cite how the information is compiled, and I’m pretty sure Spain is not in fourth position worldwide. The article is linked to an Exchange which I’ve never heard about before, and whose site is not even running apparently.

- Google Trends needs data to be taken with delicacy. The data on Google Trends is relative to the amount of searches within the geographical area. Nigeria is is first position not because it is the place where most searches are being performed for the term Bitcoin, but because it is in relative terms:

Number of Searches for the term ‘Bitcoin’ / Number of total searches on google in that country.

It does not mean that it is the country where the term is sought most (although it shows interest within the country).

robertjack

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There is much speculation about who holds the most crypto coins. Some believe that most of them are owned by large exchanges, funds or mining firms that use their position to influence the market in their favor.

list of the countries that have the most Bitcoin HODLers
1. The United States
2. Romania
3. China
4. Spain
5. Japan
6. Switzerland
7. South Korea

10 Cities That Are Bitcoin Hotpots
Here are the 10 leading cities as of early 2020:

1. San Francisco
2. Vancouver
3. Amsterdam (Amsterdam is home to mining hardware maker Bitfury and the European headquarters of payment service provider BitPay.)
4. Ljubljana, Slovenia
5. Tel Aviv
6. Zurich
7. Tampa, Florida
8. Buenos Aires
9. New York
10. London

Since the first block was mined in 2009

As Per Google Search Trends Data Past 5 Years Show Bitcoin Searches on Worldwide

1. Nigeria
2. Ghana
3. South Africa
4. Slovenia
5. Austria
6. Netherlands
7. Singapore
8. Switzerland
9. Australia
10. Pakistan

The Cryptovator

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Signature space for rent

Quote from: Bitcasino.io Support on September 29, 2020, 01:36:45 AM

Let us know, how popular is Bitcoin in your country?

Don't know why am I facing difficulties opening your blog link. I had to open via Tor eventually, assuming due to the gambling restriction of my country. Bitcoin is not much popular in my country, its because our government stands against bitcoin strongly. I was surprised when I have watched a report on television about Bitcoin. Because 90% of university students don't know about Bitcoin in this digital world. If you are caught trading or using Bitcoin then you have to go jail. That's why I am hiding my country name due to privacy. Spreading the word about Bitcoin except for very near friends & families is quite risky for us.

tranthidung

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Farewell o_e_l_e_o

The site has data on global and local trading volume for P2P marketplaces. There are many charts so I only give you a global chart here. For more details with nations in each geographic area, you need to click on Geographical area name on top of each chart to get it.

First image is for combined volume from Paxful and LocalBitcoins
Second image is for Paxful only.
Third image is another proof that Singapore is one of most active nations in crypto.

Sources

Bitcasino.io Support

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#1 VIP Crypto Casino

Hi guys,

As we all know Bitcoin has changed the fintech industry forever. Currently the “digital gold” is the leading crypto asset in the world.

But do you know the hotspots that use Bitcoin? Find out here >>> Countries where Bitcoin is big.

Let us know, how popular is Bitcoin in your country?

Thanks,
Karl
Bitcasino.io

Topic: Bitcoin countries: top hotspots that use BTC - page 3. (Read 705 times)