Topic: Is the future of bitcoin dependent on India and China? - page 4. (Read 609 times)
In many ways the future and price of bitcoin depends on them. If they do afterall deny the policy of prohibition, and start somehow accepting and collaborating - then the price will drastically rise.
Recent utterances from India's finance minister seem to have stricken fear in the entire cryptocurrency world. Utterances and
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
Bitcoin is huge in Asian countries and without them its difficult for it to survive. South Korea is one of the biggest market and so is Japan its biggest patron. China and India are playing lot of influence on the price and its not good. I hope Japan becomes the no one country cause it likes Bitcoins, other wise India and China can end up destroying Bitcoins. It's difficult to imagine Bitcoins without them.
never.its true India and China have highest population in this world but the people who know about crypto around the world is just 1-2%.people who using bitcoin is increasing day by day because this is a nice investment opportunity for people and companies.so after few years India and china is small part of this huge cryptosphere.china ban the crypto currencies last year but nothing happen much.Bitcoin recovered from that and went to a all time high.it clearly show us the interest of people for bitcoin in the world increasing day by day.so KING bitcoin never depend on those 2 countries.
yes, if India no longer refuses bitcoin and china fixes its relationship with bitcoin, then i think it will improve bitcoin condition and crypto market today.
but on the other side, I am also happy because many big world companies that already support crypto like samsung, ebay and others.
and their contributions can provide little hope of surviving.
Can not be denied again that china and india are the biggest bitcoin users, i think bitcoin dumped is not china and india government banned bitcoin, but because chinese users want to celebrate chinese new year another week, the end of february prices will skyrocket again.but on the other side, I am also happy because many big world companies that already support crypto like samsung, ebay and others.
and their contributions can provide little hope of surviving.
Hhahahah, wtf I just read?
India is the country with the most bitcoin users?
Really?India means 0. Maybe 0.1 but it's still closer to zero than 1%.
Where did you get that impression from? I'm not asking for sources for your claim cause it's obvious there is none.
Please once for all, stop with the nonsense.
Take a look where are the real companies that accept bitcoin, where are the people that hold bitcoins and not satoshi, where are the money, where are the nodes, where is development.
Recent utterances from India's finance minister seem to have stricken fear in the entire cryptocurrency world. Utterances and
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
First of all in India most of them are unknown about Bitcoin and even about crypto currencies. Germany and USA are the top countries that supports bitcoin. And one more thing Chinese people also have one of the main part in supporting bitcoin. China can make sure impact on bitcoin rather than India.government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
The future of bitcoin does not depend solely on the demand of India nd China. The market of bitcoin depends on the supply and demand of the whole users. However it can't be denied that the two mentioned countries are ine of the biggest user if crypto. And on the other hand, bitcoin is gaining popularity all over the world so if one country backs out it won't diminish the existence of cryptocurrency.
yes, if India no longer refuses bitcoin and china fixes its relationship with bitcoin, then i think it will improve bitcoin condition and crypto market today.
but on the other side, I am also happy because many big world companies that already support crypto like samsung, ebay and others.
and their contributions can provide little hope of surviving.
If both India and China can trust bitcoin, then I think Bitcoin is now one of the world's common currencies, and the two most populous nations recognize bitcoin, which for Bitcoin is at least half of what it costs in the world People accepted it. but on the other side, I am also happy because many big world companies that already support crypto like samsung, ebay and others.
and their contributions can provide little hope of surviving.
yes, if India no longer refuses bitcoin and china fixes its relationship with bitcoin, then i think it will improve bitcoin condition and crypto market today.
but on the other side, I am also happy because many big world companies that already support crypto like samsung, ebay and others.
and their contributions can provide little hope of surviving.
Can not be denied again that china and india are the biggest bitcoin users, i think bitcoin dumped is not china and india government banned bitcoin, but because chinese users want to celebrate chinese new year another week, the end of february prices will skyrocket again. but on the other side, I am also happy because many big world companies that already support crypto like samsung, ebay and others.
and their contributions can provide little hope of surviving.
yes, if India no longer refuses bitcoin and china fixes its relationship with bitcoin, then i think it will improve bitcoin condition and crypto market today.
but on the other side, I am also happy because many big world companies that already support crypto like samsung, ebay and others.
and their contributions can provide little hope of surviving.
but on the other side, I am also happy because many big world companies that already support crypto like samsung, ebay and others.
and their contributions can provide little hope of surviving.
I don"t Think that bitcoin's future dependent any country or any goverment . If the bitcoin will be usued in all the other country of world India and China will not have a chance expect legalizing the use of bitcoin .
I also thinking that, its doesn't matter for ban/illegal bitcoin any country. People who using, he can't thinks their country government what says. He can use this digital currency. It affects for soke time. 
Not necessarily future of Bitcoins depends on countries of India and China, because I see Bitcoins can stand on itself even without them. Somehow, these two countries supported cryptocurrency in big part but still there are more countries supporting too.
Recent utterances from India's finance minister seem to have stricken fear in the entire cryptocurrency world. Utterances and
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
Sharp volatility in the price of cryptocurrencies is a particular area of concern for regulators. In contrast, Asia Pacific economies have been less welcoming of cryptocurrencies. Regulators in Asia Pacific have become increasingly uneasy with the rise of cryptocurrencies such as bitcoin.government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
in indian experts claim that demand outweighs supply in India, pushing the Bitcoin price in the country up to 20% higher than international prices.
but china on the top of bubble forming in the digital currency space.
Bitcoin mass adoption depends on the regulations in each country.
To ensure a powerful future and a more stable one you need mass adoption of a product. If you consider Bitcoin a product of the blockchain industry, then just pioneers and early adopters are not enough to make it sustainable.
India, China, South Korea, all hold some contribution to the growth and stability of the coin. That can't be argued. But Bitcoin will still survive without them. Just keep in mind that survival and growth are two separate matters.
~ Roxana from Aimedis
To ensure a powerful future and a more stable one you need mass adoption of a product. If you consider Bitcoin a product of the blockchain industry, then just pioneers and early adopters are not enough to make it sustainable.
India, China, South Korea, all hold some contribution to the growth and stability of the coin. That can't be argued. But Bitcoin will still survive without them. Just keep in mind that survival and growth are two separate matters.
~ Roxana from Aimedis
Bitcoin can survive without India and China, but it will be much better if the markets in these two nations exist. Right now I am more concerned with Japan, as it is the only economic super-power which has completely legalized the crypto-currency.
Recent utterances from India's finance minister seem to have stricken fear in the entire cryptocurrency world. Utterances and
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
First of all in India most of them are unknown about Bitcoin and even about crypto currencies. Germany and USA are the top countries that supports bitcoin. And one more thing Chinese people also have one of the main part in supporting bitcoin. China can make sure impact on bitcoin rather than India. government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
if we count the population of India and China - they are huge in numbers and mass people are enthusiastic about Bitcoin there. But no, the future of Bitcoin is not dependent on India or China or both - Bitcoin has it's own kingdom to rule.
Maybe the future of bitcoin depends on India and China due to the population. The more people starts to use bitcoin, the more its reputation increases, thus the price grows. However, there are still many populated countries besides India and China that will surely save bitcoin. Added to that, many countries will not ban bitcoin and they are going to regulate it, thus people are still going to use it.
Bitcoin's future should be all countries, not some countries alone, because the final development of bitcoin should become a new global means of payment.
I do not think the future of bitcoin depends on the government of India and China. I think bitcoin will have a lot of different development. I believe in the great potential of it. Perhaps the speech of the Indian Finance Minister is affecting the bitcoin but I believe it will soon overcome these difficulties.
It's impossible. Bitcoin can't be restricted to any one country. In particular, there is widespread corruption in Asian countries, so they should be allowed to prevent money laundering，So they banned bitcoin.
Jump to: