Bitcoin in Asia - page 25. | Bitcointalksearch.org

coinstalker23

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Quote from: Sir Cross on August 25, 2017, 06:13:11 AM

In my country (the Philippines, which is in Asia), bitcoin is recognized but not yet accepted accepted as a paymnet system in establishments unlike in the other countries. However, their are exchanges and just recently, two more exchanges will open up. Hopefully this would pave the way towards more adoptions of bitcoin in the country.

I'm not so sure with the other asian countries, but I heard that it is accepted and cryptocurrency is recohpgnized as legal in Japan. Efforts have been made to adopt it as a legal currency, so I've heard.

If only there's a celebrity or popular people who can explain what bitcoin is on citizen ofthe phil and make pilipino's understand how it works and how can it be an alternative currency maybe pilipino's will gladly accept it.

Gaaara

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Quote from: Danielpeters on August 25, 2017, 06:03:52 AM

How common is Bitcoin in Asia? Just want to know Huh

It is pretty common, it is gaining some interest from Japan, Philippines, China and Indonesia as well. There are lots of demand in these country, even though it is not being announce publicly they adopt it faster than the other countries in Asia. I'm from Philippines and here we can withdraw instantly in certain atm machines, so basically bitcoin has become business and gave others job like bounties and campaigns. There are lots of investors in Japan that is willing to invest for bitcoin and even one time they affect the price by raising the value by the power of their demand.

btc_angela

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Quote from: danherbias07 on August 25, 2017, 10:27:26 AM

Here in Philippines, many Filipinos are having a hard time to get a job that pays enough for their daily expenses and monthly bills. It is always lacking. Even with a degree, companies don't pay well.
So what happens? They look for another job or what we call a "sideline".
Bitcoin opened that for Filipinos but I dont know about the other countries in Asia.
I have friends who knows bitcoin and just be shocked that they are already introduced and they know a lot.

I think not only in the Philippines that the scenario you have describe existed. It is also present in other parts of Asia as well. Daily wages are not that good and when they find how to earn money thru signature campaign and trading, then stick to it and even moved out of their current job and pursue bitcoin because they can earn more thru it.

I think this is one reason why Asia has a big follower of bitcoin besides the obvious 3 giants, China, Japan and South Korea. So that way I see things, Asia will be the leader in terms of bitcoin being mass adopted, followed by Africa.

bamboylee

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It is getting popular in my country and not only bitcoin but other cryptocurrency as well. And we know that Japan legalized bitcoin and China is a major bitcoin mining location. So I say it is pretty popular in Asia.

KuromaYoichi

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Quote from: daenarys_stormborn on August 25, 2017, 12:55:50 PM

Quote from: cubevtc on August 25, 2017, 10:25:23 AM

but btc are in all worlds you cant see in ASIA really ir not search very good?

Yes in asia bitcoin has grown quite rapidly, not only in china, indonesian bitcoin also has been quite famous, especially in my environment and I also live in Indonesia

Where do you live? do you live in bali? Bitcoin is growing at a rapid pace in indonesia but as far as i know the only place where people can use bitcoin in indonesia to buy/pay for something is bali. I can't wait until other places start to accept bitcoin aswell.

daenarys_stormborn

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Quote from: cubevtc on August 25, 2017, 10:25:23 AM

but btc are in all worlds you cant see in ASIA really ir not search very good?

Yes in asia bitcoin has grown quite rapidly, not only in china, indonesian bitcoin also has been quite famous, especially in my environment and I also live in Indonesia

AngelSky

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Quote from: reflector on August 25, 2017, 12:13:08 PM

Quote from: slapper on August 25, 2017, 12:03:23 PM

Bitcoin is famous in Asia but there are not many people actually use bitcoin. However, we still have the China and the Japan, they are the leaders in the cryptocurrency field in the Asia. Most of the mining company are in China and the Japan are trying to add bitcoin and the blockchain into their payment system

Still India,Pakistan and Bangladesh people are the Part of the campaign. They also had some account in Signature camping. The north people of India and Pakistan also having some set up in the Mining. They also earning some amount from both signature campaign and mining.

Ya correct.Not only China, India,Pakistan ,Bangladesh also now start to work in the campaign. Many Campaign also runed by the people of Asia.Bitcoin give income to many people. Many get a additional income from the Signature Campaign. Mining is the best place to earn additional income.

Denies

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not all for asia knows about bitcoin,
i think only certain segments of society understand and know what bitcoin is.

And perhaps Japan is the leading country of bitcoin compared to other Asian countries.

PinkB

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Quote from: AjithBtc on August 25, 2017, 06:09:14 AM

Bitcoin in Asia is quite popular compared to the western Continents. This is all because of the increased acceptance and the people easily using it an way for getting an additional earning based on its legitimacy. In my thinking bitcoin will be growing high than expected as there is tremendous increase in adoption around the Asian countries.

Although bitcoin in ASIA most popular but a lot of country that covered by asia didn't support bitcoin.Its illegal in many country in Asia. so it will be a good news if all of country support bitcoin and make it legal.few days ago Bitcon has been legal in India. so now they can use it and make a good business with the help of bitcoin.

brokens

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yes exactly, bitcoin in asia will increaslyng ahead and more and more bitcoin users in continental Asia because very easy get additional revenue through this coin. this may be because of the continent of Asia more residents it than the western continent.
Already many big country countries in asia use this bitcoin. like : indonesian, vietnam, thailand, malaysia, filiphina, china, korea,japan or indian and others. i am very sure in year 2018 Bitcoin will be increasingly known in the world or on the continent of Asia and western continents.
( bitcoin currency from cryptocurrency ).

reliable

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Quote from: reflector on August 25, 2017, 12:13:08 PM

Quote from: slapper on August 25, 2017, 12:03:23 PM

Bitcoin is famous in Asia but there are not many people actually use bitcoin. However, we still have the China and the Japan, they are the leaders in the cryptocurrency field in the Asia. Most of the mining company are in China and the Japan are trying to add bitcoin and the blockchain into their payment system

Still India,Pakistan and Bangladesh people are the Part of the campaign. They also had some account in Signature camping. The north people of India and Pakistan also having some set up in the Mining. They also earning some amount from both signature campaign and mining.

China is the leader in bitcoin. They have half of the world bitcoin approx with them. Japan after legalizing it has moved quickly and adopting to bitcoin quickly. On the other India, Pakistan and Bangladesh have still not legalized bitcoin in their country. India is in the stage of legalizing it til now what is heard unless otherwise government changes the plan.

Hope other than China in Asia other countries also adopt at fast pace to this coin and other cypto currency.

Potato Chips

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Correct me if i'm wrong but from all the news i've seen i think bitcoin is more popular in asia compared to other countries. i mean they've got the big three which is china, japan and

south korea and we shouldn't forget the other countries like Philippines and malaysia who seems catching up. in short bitcoin is a booming success there. on the other side, good

news on them are very rare and most of it are just hype and fuds.

mrcash02

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I would say Asia is the strongest continent on Crypto-Currency world compared to all other continents. They have the indians who are very active on Social Medias, forums, etc, commenting everything related to Bitcoin and trying to refer people for their investments. I see many philippines, indonesians also and we know China and South Korea are very strong on mining business.

Impossible to know exactly who uses Bitcoin or not, but by joining several groups on the internet related to Bitcoin it's possible to have some idea about it.

hovrah

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Quote from: andrew24p on August 25, 2017, 12:05:40 PM

Its becoming very popular in the news within Japan and it has gained popularity in China around 2013 ,but more common today. Really most of it is speculation on the currency and not user adoption. I talked to some people who work at places in Japan that accept it as part of the integration with the POS system and they say very few people are actually using it to pay for things.

The fact is that if, for example, Japan is compared to China, China can practically say control half of Bitcoin, but Japan is very actively using Bitcoin for investments and for accumulating capital. It is not in vain that the government of Japan began to act very strongly in the direction of creating a national crypto currency. Especially since the Japanese, unlike other countries, are already the first to make a stir around Bitcoin.

reflector

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Quote from: slapper on August 25, 2017, 12:03:23 PM

Bitcoin is famous in Asia but there are not many people actually use bitcoin. However, we still have the China and the Japan, they are the leaders in the cryptocurrency field in the Asia. Most of the mining company are in China and the Japan are trying to add bitcoin and the blockchain into their payment system

Still India,Pakistan and Bangladesh people are the Part of the campaign. They also had some account in Signature camping. The north people of India and Pakistan also having some set up in the Mining. They also earning some amount from both signature campaign and mining.

andrew24p

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Its becoming very popular in the news within Japan and it has gained popularity in China around 2013 ,but more common today. Really most of it is speculation on the currency and not user adoption. I talked to some people who work at places in Japan that accept it as part of the integration with the POS system and they say very few people are actually using it to pay for things.

slapper

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Bitcoin is famous in Asia but there are not many people actually use bitcoin. However, we still have the China and the Japan, they are the leaders in the cryptocurrency field in the Asia. Most of the mining company are in China and the Japan are trying to add bitcoin and the blockchain into their payment system

dothebeats

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The scene is getting bigger in terms of exchanges and public interest, but we still need the merchants to join in and start accepting bitcoins to further stimulate the economy and more importantly, the growing interest about the coin. Japan and SoKor are obviously the leaders in Asia when it comes to bitcoin, but other countries are not far behind though.

iram1011

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Quote from: wearepoor on August 25, 2017, 10:54:59 AM

I think bitcoin is more popular in Asia if we compare with the rest of the world. Japan and South Korea are leading the bitcoin market not only in Asia but also worldwide; wherein India, china and Philippines are also playing major role to influence the bitcoin market in asia. There are many speculations that current rise in the bitcoin prices are the bubbles driven by the asian countries and soon there will be correction in the bitcoin market; but there is no authenticity in the claim.

Bitcoin is not in any bubble right now. This increase in price is result of increase in investor's interest in Bitcoin. In Asia, there is some genuine increase in demand. Recently a list of about 50 new exchanges was submitted to Japan's government for verification, this show the increase in popularity only. In South Korea demand has always been high and Bitcoin is sold at premium there. India and China have large population and thus huge potential market. Hence, demand is most likely to increase more. This is no bubble.

wearepoor

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I think bitcoin is more popular in Asia if we compare with the rest of the world. Japan and South Korea are leading the bitcoin market not only in Asia but also worldwide; wherein India, china and Philippines are also playing major role to influence the bitcoin market in asia. There are many speculations that current rise in the bitcoin prices are the bubbles driven by the asian countries and soon there will be correction in the bitcoin market; but there is no authenticity in the claim.

Topic: Bitcoin in Asia - page 25. (Read 5449 times)