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Topic: In which countries bitcon success the most ? (Read 1847 times)

hero member
Activity: 938
Merit: 1000
November 20, 2015, 09:24:43 AM
#43
Top 5 countries that bitcoin is known and successful ?
China, US, UK, Singapore, and Australia.

China is the biggest market of bitcoin right now, i think it's very possible to success in there.
sr. member
Activity: 493
Merit: 250
Live by your own rules
November 20, 2015, 07:20:53 AM
#42
So based on cointelegraph data, isle of man is number 1 the most succesfull country use bitcoin.
Is them deserve to get named city of bitcoin?
sr. member
Activity: 336
Merit: 250
November 20, 2015, 07:13:09 AM
#41
US is number 1 I think

After US I'm guessing Japan or China

Third probably some country in Europe
sr. member
Activity: 294
Merit: 250
November 20, 2015, 06:44:39 AM
#40
i think US is the best.
but My country is success enough in bitcoin. I guess the next few years will exceed the current
legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
November 20, 2015, 01:33:22 AM
#39
My top 3 pick would be, North America / UK and in the European countries. I also see huge potential in India and Africa, if someone can find a way to link services like BitPesa. The mobile phone distribution is huge, and it could easily be targeted for mainstream adoption as a primary payment method.

Let's break the damn wall.  Tongue
newbie
Activity: 56
Merit: 0
November 20, 2015, 12:42:23 AM
#38
I think US countries cause US is tiger economy,, or fast hightech economy
newbie
Activity: 57
Merit: 0
November 19, 2015, 09:33:19 PM
#37
It is weird to see a lot of people saying Canada.  Although this answer is correct in terms of bitcoin use worldwide, it truly isn't a success anywhere at this point.

For years people have been waiting for mass adoption.  My opinion is we are a long way from that, mostly because it won't be adopted by the masses until they are forced to use it, which will mostly happen behind the scenes.  From that point mass speculation investment would get involved.

In Canada, most people have never even heard of it.  Or if they have heard about it, they have no idea how it works and thinks it sounds like a scam.

This is based on my experience from living in multiple of the largest cities and travelling the country for work over the past 4+ years while I have been interested in it.

legendary
Activity: 2520
Merit: 1073
November 19, 2015, 07:49:43 PM
#36
See where most of stores that accept BTC and/or where most nodes are.

I think west Europe and USA, of course. Just a guess:

USA, Netherlands, Germany, Denmark, China
legendary
Activity: 3038
Merit: 1047
Your country may be your worst enemy
November 19, 2015, 07:13:58 PM
#35
It's a difficult question as there are many answers.
What are you looking for, the country which has the largest number of miners? The largest number of BTC holders? The country whose inhabitants collectively own more BTC than any other? The country with the highest number of shops accepting BTC?
...
full member
Activity: 238
Merit: 100
November 19, 2015, 06:16:25 PM
#34
You can find a list on this website: http://www.bitcoinvalues.net/bitcoin-country-top-10-nations-love-btc.html

It has more info tho, not just on which countries ;p
legendary
Activity: 1456
Merit: 1001
November 19, 2015, 06:14:46 PM
#33
The big countries have more shops that accept bitcoin, EUA, Canada, China, England. But there are countries were people have more knowlegements about bitcoin like Netherlands, Singapore.
hero member
Activity: 672
Merit: 500
November 19, 2015, 05:50:51 PM
#32
I think Bitcoin is more successful in the North America and in the European countries
legendary
Activity: 1596
Merit: 1027
November 19, 2015, 03:41:18 PM
#31
I guess we can say the top countries 4 bitcoin are EUA, Canada, China, Netherlands, Germany and we probably should add two more:
U.K. and Australia
legendary
Activity: 1400
Merit: 1001
November 19, 2015, 03:36:15 PM
#30
Hahaha Slovenia is number 2 Cheesy To be honest, there arent many bitcoin stores in here.
It not about number of bitcoin stores apparently. After all Isle of Man is a nation with population of less than 100.000 people.
I guess this ranking is about the adoption rate or total bitcoin awareness of society.
hero member
Activity: 560
Merit: 501
November 19, 2015, 01:39:58 PM
#29
Hahaha Slovenia is number 2 Cheesy To be honest, there arent many bitcoin stores in here.
hero member
Activity: 784
Merit: 1000
November 19, 2015, 12:19:31 PM
#28
I am guessing USA is the number one user of Bitcoin.  I am not 100% sure but with all the companies that have spun up in the states regarding this it seems likely it is number one.
sr. member
Activity: 406
Merit: 250
November 19, 2015, 12:08:43 PM
#27
this is some data :
1. isle of man
2. slovenia
3. canada
4. netherlands
5. singapore
6. australia
7. finland
8. united kingdom
9. united states
10.italy
http://cointelegraph.com/images/725_aHR0cDovL2NvaW50ZWxlZ3JhcGguY29tL3N0b3JhZ2UvdXBsb2Fkcy92aWV3LzczMzYwMDUyZTZlYzBmZTE1OTAwODIwMDNjNTE3ODc5LnBuZw==.jpg

Interesting I didn't know it was that succesful in Isle of man nor slovenia

Thanks for linking me
sr. member
Activity: 574
Merit: 250
In XEM we trust
November 19, 2015, 11:18:16 AM
#26
What about 3rd world countries? Bitcoin would allow their economy to be what it deserves. I heard that there are already ways to pay with bitcoins with SMS like MPesa. But bitcoin needs to catch up. If 3rd world countries adopt bitcoin the rest of the world will follow. My opinion is that we should leave aside developed countries, because adoption will take time there, but focus on 3rd world countries that don't have so advanced banking systems yet.

Are there any graphs showing how bitcoin is doing in these countries?

But in 3rd world countries people have less access to computers and similar stuff, less knowledge about it and less interest in learning about it. Contrary to your opinion, I think bitcoin massive adoption will follow the usual path: From big 1st world countries to its 3rd world neighbors/trade partners and then to the whole world.
Technology will gradually get cheaper as time goes on. People from Kenya already are using mobile payments to each other called MPesa. Before you even know it they will learn about far superior products like bitcoin. That is not hyperinflationary like their local currency. However I would still give them atleast 5 years to catch up with smartphones.
legendary
Activity: 1568
Merit: 1000
November 19, 2015, 11:11:00 AM
#25
Definitely "third world" countries. For example In Brazil and Argentina is very popular due to the fluctuation of their local economies and devaluation. However as other have said, Bitcoin is hardly easy to use for common people, plus obtaining it is very complicated in these countries. Localbitcoins just don't cut it for common folks.

If we really aim to make Bitcoin mainstream, it should be very easy to get and set up, just as buying groceries with cash or credit or online shopping. Trust me it's not as easy outside some countries like US or Europe. Think about how Bitcoin could overtake all Western Union/Money Gram/Paypal niche.
legendary
Activity: 1904
Merit: 1073
November 19, 2015, 11:03:11 AM
#24
It depends on how you measure the success... Let's have a look at the VC capital invested from different countries in the last quarter.  http://www.slideshare.net/CoinDesk/v3-state-of-bitcoin-and-blockchain-q3-2015?related=2 {Slide 33} The Netherlands are making huge strides here.

Silicon Valley invested $489.2 m in total compared to the rest of the world $431.9 m combined. That would place the US in the top spot for me, based on VC capital investment.

If you base the success on merchant accepting Bitcoin, North America and Western Europe is still on top. So there you have it... watch the slides..  Grin
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