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Topic: Bitcoin in Asia - page 18. (Read 5467 times)

legendary
Activity: 1092
Merit: 1000
August 30, 2017, 12:38:29 PM
How common is Bitcoin in Asia? Just want to know Huh
Bitcoin is somehow famous already on this side of the world on which you do know that Japan is a part or considered on part of Asian countries which you do know that they decide to legalize and accept bitcoin and also in my place bitcoin is gradually getting popularity as of now which is really good on the moving progress of awareness of bitcoins existence.
There is a lot of developing countries on asia that is likely to adapt on different technologies, techniques on other established countries like America and United kingdom this is happened to be the center of transaction of crypto-currency that is a good thing because if a specific country set to adapt the system of Bitcoin it could result on total development of Bitcoin because it could be wide know by all countries.
Yes the major contribution to Bitcoin is China, this will come under Asian countries. And we see a lot of miners also from this country. I heard that Indian governament is also thinking to make this Bitcoin legalised in their country. If it happens then, it will affect the Bitcoin price. Because India is the 2nd largest population in Asia.
hero member
Activity: 1974
Merit: 586
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August 30, 2017, 12:18:43 PM
Now Japan accept bitcoin , over 30,000 shop in Japan accept bitcoin for payment .
This is a public acknowledgment of the existence of bitcoin
The confidence in bitcoin is getting higher and this will make the price soar
sr. member
Activity: 1498
Merit: 374
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August 30, 2017, 12:05:38 PM
How common is Bitcoin in Asia? Just want to know Huh
Bitcoin is somehow famous already on this side of the world on which you do know that Japan is a part or considered on part of Asian countries which you do know that they decide to legalize and accept bitcoin and also in my place bitcoin is gradually getting popularity as of now which is really good on the moving progress of awareness of bitcoins existence.
There is a lot of developing countries on asia that is likely to adapt on different technologies, techniques on other established countries like America and United kingdom this is happened to be the center of transaction of crypto-currency that is a good thing because if a specific country set to adapt the system of Bitcoin it could result on total development of Bitcoin because it could be wide know by all countries.
sr. member
Activity: 490
Merit: 256
August 30, 2017, 11:58:40 AM
How common is Bitcoin in Asia? Just want to know Huh

Bitcoin is only common to major countries that announced their acceptance of Bitcoin as a mode of payment just like Japan. However, on some countries, Bitcoin is not common at all. Just like here in the Philippines. Yes there are many people that are aware Bitcoin exist. But we cannot say that Bitcoin is common here. I can randomly ask a person if he/she knows about Bitcoin and I will bet that more than 90% of the person I asked will answer NO.
member
Activity: 98
Merit: 10
August 30, 2017, 11:39:29 AM
Now Japan accept bitcoin , over 30,000 shop in Japan accept bitcoin for payment .
hero member
Activity: 798
Merit: 500
August 30, 2017, 11:28:27 AM
Pretty much the same as everywhere else. This isn't some sort of thing this going to be more prevalent one major metropolitan area than another. Think it's pretty clear that Bitcoin has about a 5% touch on population of most metropolitan areas. Of course there's people that take the Bitcoin as some kind of religion and have to go out there and tell everybody about it but once you get rid of them everything will settle into a nice even balance.
newbie
Activity: 37
Merit: 0
August 30, 2017, 11:22:49 AM
If you consider China as part of Asia (which they are but I don't know why there're some crazy people that deny that), we don't even have to consider any other countries. More than 70% of the current BTC miners (not all in one source though) are all practically from China (and this is a very bad thing actually but nobody cares since BTC market price is at new record high Tongue).
Not really like no one cares, but China's cheap electricity and labor gives them so much comparative advantage and that is also the reason majority of mining hardware companies are also concentrated there. Until recent Chinese exchanges were trading the most volume every, but their meddlesome government unwittingly passed the baton to Japan and now also to South Korea.
sr. member
Activity: 742
Merit: 250
August 30, 2017, 10:43:40 AM
I think Bitcoin seems to be the most influential and popular in Asia. Bitcoin is getting more and more valuable, its growth rate is also very good and based on transactions Bitcoin is growing quite strong in Asia. Especially in China, where there are many bitcoin mines, the number of transactions here a lot. The positive impact of Bitcoin users is also a factor, experts believe that the growing demand in Asia has recently boosted the growth of the Bitcoin e-money market. Apart from China, we can see that Bitcoin is also developing very strongly in Japan and Korea, of which, Korea is home to the largest electronic money exchanges in the world
full member
Activity: 518
Merit: 115
August 30, 2017, 10:36:29 AM
In the Philippines, It is becoming more popular to the working class.  I mentioned "working class", because its popular here as an extra income.  I don't think it is popularly being use here as a mode of payment as of yet.  Thank you.
full member
Activity: 812
Merit: 142
August 30, 2017, 10:13:51 AM
In my Country it.s very popular in last 6 months ...
you can pay for drinks food buy electronics computers etc etc

Well this is a positive side of it that business have started accepting bitcoin. But has your country legalized the bitcoin or what is the stand on it. There are many countries which are yet to clear their stand and due to which business are in dilemma whether to accept it or not as the future is uncertain.  
full member
Activity: 209
Merit: 100
August 30, 2017, 10:07:47 AM
How common is Bitcoin in Asia? Just want to know Huh
Opening multiple ad campaigns is the most logical. Advertising will be the easiest form for people to know bitcoin. Now bitcoin is quite popular in Asia. Many people have known bitcoin, they made money from bitcoin. Since then they have attracted many people to join in. bitcoin will be increasingly popular in Asia
hero member
Activity: 3080
Merit: 603
August 30, 2017, 09:33:37 AM
In my Country it.s very popular in last 6 months ...
you can pay for drinks food buy electronics computers etc etc

That's good to know and in what country do you live? Here in my country, though bitcoin is popular only few stores did accepted bitcoin for their business and you can count them with your fingers. But there are some many individuals here, miners, traders who are into bitcoin but the establishments aren't yet adopting bitcoin.
hero member
Activity: 1036
Merit: 502
August 30, 2017, 09:27:11 AM
How common is Bitcoin in Asia? Just want to know Huh
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bitcoin now in asia is now being popular accross sa nation and it is slowly be recognize in different countries now and few more years to come the restos and hotels and many markets will be soon accepting it so it will be good that asia is now currently aware in bitcoin and many people will now start using it.
I knew it and I think the rest of the countries not only in Asia. Though I really don't know where is bitcoin originated from or who is the founder of it. Why is it a delicate thing to handle everyday and being skyrocketed price nowadays. I wonder if how will it change the lives of people in centuries if eve bitcoin would be accepted all over the countries. Maybe, it will go through a lot of hindrances specially from the hands of governments since corruption is rampant until now. How would it be secured 24 hours and the changes of the economy since it is a crypto currency. Will it be rewarding until years pass by or will it be neglected from government for they can't have a percentage of the income from bitcoin. That's a long process for the said continent the more in other countries
member
Activity: 105
Merit: 10
I Love Bitcoin
August 30, 2017, 09:19:16 AM
In my Country it.s very popular in last 6 months ...
you can pay for drinks food buy electronics computers etc etc
legendary
Activity: 1176
Merit: 1001
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August 30, 2017, 09:11:14 AM
Bitcoin has been popular in asian, like we know already two country that recognizes bitcoin as a legal currency ie japan and india maybe other countries will follow them. me from indonesia even though i'm not lived in bali but i know at there we can use bitcoin in some stores,hotel and restaurant.
full member
Activity: 2520
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August 30, 2017, 09:08:23 AM
If you consider China as part of Asia (which they are but I don't know why there're some crazy people that deny that), we don't even have to consider any other countries. More than 70% of the current BTC miners (not all in one source though) are all practically from China (and this is a very bad thing actually but nobody cares since BTC market price is at new record high Tongue).

China is part of Asia no doubt about that. And yes, Asia is crazy about bitcoin because they found that its money if you know how to earn it. And we have to understand that there are a lot of third world country in Asia and bitcoin has provided them a source of income that's why its very popular there.
full member
Activity: 322
Merit: 100
August 30, 2017, 09:03:09 AM
If you consider China as part of Asia (which they are but I don't know why there're some crazy people that deny that), we don't even have to consider any other countries. More than 70% of the current BTC miners (not all in one source though) are all practically from China (and this is a very bad thing actually but nobody cares since BTC market price is at new record high Tongue).
hero member
Activity: 1260
Merit: 524
August 30, 2017, 08:52:59 AM
How common is Bitcoin in Asia? Just want to know Huh
Bitcoin is popular right now in Asia, a lot people are continue to get interest in bitcoin and they are still increasing. A lot of people in Asia are easy to accept bitcoin because of its popularity and it’s easy to use and a good value of it. Maybe in the next future all of my relatives will already using bitcoin on their own someday.

Bitcoin was mainly popular in Asia only and the major Miners are from Asia - China so their is no other thought of Asia is the main hub of Bitcoin. Other country are now starting to recognize and accepting it.
sr. member
Activity: 602
Merit: 250
August 30, 2017, 08:49:50 AM
How common is Bitcoin in Asia? Just want to know Huh
I find that bitcoin in Asia is also quite popular. Only a few countries have banned the use of bitcoin. Others are free to use and like my country, a neutral country. Here they do not accept bitcoin but they do not forbid you to use them. What a contradiction is not it!
hero member
Activity: 1078
Merit: 501
August 30, 2017, 08:39:30 AM
How common is Bitcoin in Asia? Just want to know Huh
Bitcoin is popular right now in Asia, a lot people are continue to get interest in bitcoin and they are still increasing. A lot of people in Asia are easy to accept bitcoin because of its popularity and it’s easy to use and a good value of it. Maybe in the next future all of my relatives will already using bitcoin on their own someday.
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