Topic: BTC in your country - page 6. (Read 44521 times)

unless they use the BTC to buy something or quickly lose them to casinos, so no effect will be seen in the prices.

People need to hold to cause the price to increase

Even if millions know about bitcoin, that doesn't necessarily mean that we'll be up in moon in no time. If all those people bought bitcoins each, then you will see a massive bump in price.

Not at all. I think just few people in my country (Indonesia) heard this  .

that's pretty good, thought you was live in big city , but the question is, are they active in bitcoin or not ,or atleast they accept bitcoin on their store

They don't know the bitcoin in our country.
Only few know about this.

That is the real situations of many asian and african countries. Only the developed countries has more opportunity to get promoted of bitcoin business and other opportunities like bitcoin ATMs. The bitcoin business entrepreneurs must look for developing countries also to spread bitcoin.

bitcoin is not used a lot in my country unfortunately i hope that in the future we will have more shops that accept bitcoins for shopping

I not agree with this user or he is saying about his area because if 25% Indians know about bitcoin then currently its going to moon India has over 1 Billion population

Wow. That's really impressive! Do you think it's 25%/10% know Bitcoin everywhere in India? Or do you live in a big tech-city?

i am from india, here their is as per my knowledge around 25% of people know about bitcoin out of that i think more than 10% are in bitcoin earning or mining or buying selling field, some days back i came across one person in shop came for xerox of a book when i opened it it was about crypto coin red, details about some company promoting and having office in delhi. so their are user in india but how much they are involved i dont know it.

I am sure 99% in my country have never heard of bitcoins and 0.001% maybe use them.

i think in my country still a few know about bitcoin...
lol 

I don't know anyone personally in my area who does use Bitcoin to do transactions but I do know there is a group in our local forum who are actively discussing Bitcoins. They use to mine back when USB Asics still works  BTC is going well in our country that we can pay bills through bitcoin.

and they didn't know the importance of bitcoin in our economy, bitcoin may help philippine economy and also those people who will use bitcoin. But so many things that may considered like those people who live in rural place can't use bitcoin because they have a poor area and i think they don't have any idea about technology

If I am right, bitcoin ATM here in our country is unfortunately just available in Manila. Anyway, you are right on how bitcoin knowledge goes along with the places that internet has already reached. Tho us Pilupinos' still needs more educating when it comes to bitcoin because as I can see in Social media, they use bitcoin only for hyip programs.

Here in Philippines bitcoin is steadily growing in momentum. As internet access is accessible to masses bitcoin moves up along with it. We now have bitcoin ATM'S in some parts of the country and many overseas workers are sending money through bitcoin as exchanges pops up. Merchants and some restaurants now accept bitcoin payments.

In Panama, some people know about it but only from a few mentions in the newspaper or TV.

This article is old but you can check they are working hard for bitcoin http://www.coindesk.com/south-korea-launches-first-bitcoin-atm/

I got your point both and Im sick too of that. Our taxes are going to nowhere. My tax per month is around BTC0.1 (as of the currenct exchange of BTC to USD). But hey open our eyes. Not all politicians are corrupt and somehow there are still progress and development I see in our country although not that noticeable. Yes we are mad with our corrupt politicians and we want to get rid of them but if Bitcoin will not be taxed thru remittances, we in middle class up to low class will suffer. This will be the end of Peso and we don't want that to happen because it will take our country to much devastation if all things will cost much. Even we bitcoiners will suffer, electricity , internet bills , transportation etc. Think out of the box. I don't want to see our jeepney fare @ Php20 for first 4Kms. Even owning a car won't help because of high cost of petroleum.

Yes still there are more hole to cover. I have a relatives in other country and Bitcoin will truly help us to save taxes but I don't like to gain benefits by only me. We are Pinoys. We must help each other. Those corrupt politicians are our enemies and we don't want to include those small earner here to suffer the fate if Bitcoin will just freely send and receive without counting it to our country's remittance. Hope you got my point.

Aren't we and our country already suffering with our country's corruptes government ? Just joking (jokes are half meant though) Anyways you've got a good point, I guess we are not yet ready for bitcoin being widely used as a remittance. I think politicians here will love bitcoin if it will be tax'ed