Which Asian countries have the greatest influence on bitcoin? - page 12.

setialovers

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Quote from: vintamodern444 on February 03, 2018, 08:01:42 AM

Countries with large amounts of virtual currency transactions such as China, Japan, Korean and India with the increasing trend of many brands continuing to expand their payment operations in Bitcoin, this currency will rise to a peak of $ 20,000 in 2017.
However, recent bad news from Asian countries Bitcoin price is going down very fast. Yesterday bitcoin price continues to fall deep down to 8,200$ and possibly more.
In particular, China and India have a great influence on the BTC currency because the number of bitcoin traders is huge

Beside china and India, South Korea is one biggest country in asia. South Korea daily transaction volume always increasing and right now, south korea already regulate cryptocurrency, i am believe this will bring crypto transaction growing bigger

tiurminator

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In my opinion two largest country in population, China and India are the greatest influence on bitcoin or cryptocurrency. Largest population and the growing of internet penetration in both country.

ivandu

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Quote from: Muzika on July 09, 2018, 11:57:47 PM

Quote from: NewRanger on July 09, 2018, 11:50:20 PM

Quote from: naily on July 09, 2018, 11:35:36 PM

maybe one of them is in singapore country which has a very good cryptocurrency development because in Asian countries seems to have some countries that have demand and circulation bitcoin

singapore good in their regulation, but community in thi country still developt.korean and china is biggest country that have big role and most influential

we cant say because we are living in different country since I am living in here in the Philippines I can say that the influence of bitcoin here is good enough to say, since the government are neutral when it comes to crypto talk and many companies are accepting bitcoin as payment.

while our goverment in neutral position, actually it good enough for crypto community developtment. no restriction in their activity ,especially their exchanger in safe mode.and investor dont affraid with their money.

Ranly123

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Quote from: |Bitkoin| on February 04, 2018, 02:19:53 PM

China has the greatest influence on bitcoin. It has the biggest population in the world.

I thought so too. Since China has made many ICO in the past, they have been on the pioneering nation's to adopt cryptocurrency. Maybe India has also made influence in cryptocurrency because of their dedication to technology.

Caladonian

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Quote from: Hallmader on July 09, 2018, 11:58:50 PM

Quote from: vintamodern444 on February 03, 2018, 08:01:42 AM

Countries with large amounts of virtual currency transactions such as China, Japan, Korean and India with the increasing trend of many brands continuing to expand their payment operations in Bitcoin, this currency will rise to a peak of $ 20,000 in 2017.
However, recent bad news from Asian countries Bitcoin price is going down very fast. Yesterday bitcoin price continues to fall deep down to 8,200$ and possibly more.
In particular, China and India have a great influence on the BTC currency because the number of bitcoin traders is huge

China has Bitcoin restricted to a certain extent. But people are still very much involved with it. That is something I read somewhere, a post made by someone who has been to china himself. India has a confusing official stand on it. But I am doubting if the large Indian population which is supporting Bitcoin is totally shunned from any access. Most probably, they are still freely into it.

China is well known to be more in a opportunist attitude, so I guess their influence will really felt around inside crypto market, I remember when they release banning ICO's then the panic start shaking those weak holders as fuds keep spreading about that news, not sure if how India's banning also got a huge impact but by the numbers of users who also in a panic now maybe they can create some as well.

jonhsongotti

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I think China is the most influential country in the market. When this government has any bad news for bitcoin, this is causing the market to go down. China is the most populous nation in the world, there is a remarkable development in science and technology.Inaddition,China has an economic development.The electronic trading platform of this country are many and have very large vol

Hallmader

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Quote from: vintamodern444 on February 03, 2018, 08:01:42 AM

Countries with large amounts of virtual currency transactions such as China, Japan, Korean and India with the increasing trend of many brands continuing to expand their payment operations in Bitcoin, this currency will rise to a peak of $ 20,000 in 2017.
However, recent bad news from Asian countries Bitcoin price is going down very fast. Yesterday bitcoin price continues to fall deep down to 8,200$ and possibly more.
In particular, China and India have a great influence on the BTC currency because the number of bitcoin traders is huge

China has Bitcoin restricted to a certain extent. But people are still very much involved with it. That is something I read somewhere, a post made by someone who has been to china himself. India has a confusing official stand on it. But I am doubting if the large Indian population which is supporting Bitcoin is totally shunned from any access. Most probably, they are still freely into it.

owmivmen

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Yes I know that. starting from the issue of the crypto ban in the Chinese state to the hacking that took place in the exchange of crypto to make the price of crypto decreased very large. hopefully next year crypto market can recover and grow again.

Muzika

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Quote from: NewRanger on July 09, 2018, 11:50:20 PM

Quote from: naily on July 09, 2018, 11:35:36 PM

maybe one of them is in singapore country which has a very good cryptocurrency development because in Asian countries seems to have some countries that have demand and circulation bitcoin

singapore good in their regulation, but community in thi country still developt.korean and china is biggest country that have big role and most influential

we cant say because we are living in different country since I am living in here in the Philippines I can say that the influence of bitcoin here is good enough to say, since the government are neutral when it comes to crypto talk and many companies are accepting bitcoin as payment.

NewRanger

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Quote from: naily on July 09, 2018, 11:35:36 PM

maybe one of them is in singapore country which has a very good cryptocurrency development because in Asian countries seems to have some countries that have demand and circulation bitcoin

singapore good in their regulation, but community in thi country still developt.korean and china is biggest country that have big role and most influential

naily

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maybe one of them is in singapore country which has a very good cryptocurrency development because in Asian countries seems to have some countries that have demand and circulation bitcoin

airdrophunter

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I think it's Japan because it is also believed that it's the country where Satoshi Nakamoto lives or originated. Even if Japan is already a 1st class country with the love of technology, still they utilize bitcoin and even testified that their economic status is getting even better since they embraced the said technology.

toolucky98

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Quote from: Melvin Narag on February 03, 2018, 09:25:53 AM

The JAPAN the most influence on BITCOIN thats why their country booming making them increasing all their demand and suppliers and help other country also to booming

yes, Tokyo’s place as Asia’s financial epicenter has been diminished in recent decades by both Singapore and Hong Kong’s expanding influence. Many experts see cryptocurrency as a new path for Tokyo to regain its prominence.

As the world’s earliest adaptor to recognizing cryptocurrencies spending potential over 10,000 companies in Japan are now accepting payment in Bitcoin. Including Peach Aviation its largest budget airline which just announced that it will continue plans to accept crypto payments by March 2018 despite the Coincheck hack. Meanwhile, Mitsubishi UFJ Financial Group, the world’s eighth-largest bank, is developing its own cryptocurrency, known as MUFG Coin.

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In the past, it would be China which have the greatest influence on bitcoin since the population of China is huge and trading volume is really high, but after the announcement of banning crypto-currencies exchanges operating in China, I think Japan have overtaken China now since the government of Japan is trying to take a more friendly stance towards bitcoin.

bitgolden

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Quote from: vintamodern444 on February 03, 2018, 08:01:42 AM

Countries with large amounts of virtual currency transactions such as China, Japan, Korean and India with the increasing trend of many brands continuing to expand their payment operations in Bitcoin, this currency will rise to a peak of $ 20,000 in 2017.
However, recent bad news from Asian countries Bitcoin price is going down very fast. Yesterday bitcoin price continues to fall deep down to 8,200$ and possibly more.
In particular, China and India have a great influence on the BTC currency because the number of bitcoin traders is huge

I don’t know for sure. But I don’t think they have an influence in this (they do, but just little influence. I can remember when I got into bitcoin newly and lots of people were saying that bitcoin is being controlled by bitcoin.

When the government of China started banning ICOs and cryptocurrencies, my friends started quitting cause they were afraid that it will be the end for bitcoin but that never happened. But I think Japanese has the highest influence in cryptocurrency.

Gila uang

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Quote from: OscarWatson3213 on June 15, 2018, 08:46:11 PM

Recent bad news from Asian countries Bitcoin price is going down very fast. And china have the biggest number who mines bitcoin.

I think India that very few in number using bitcoin and currency crypto other. they should receive bitcoin as currency legal to use them because it has the potential to change the status of their country to developed countries. team Minister they discuss more about investment blockchain and startup. as their population, China has a lot of Exchange of the company prepared in China. I can find the people who want to invest in bitcoin in China as well, but because they prohibit bitcoin it really hurt them. Japan we do not have to worry about them. they have made bitcoin and cryptocurrency other can be used legally in each of the city and places a rural in Japan. so they supports bitcoin. Korea, they set the site trade bitcoin under the rules and regulations their tax. I don't think that they really prohibit bitcoin. hope everyone will invest more in the country as well.

geegaw

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Quote from: curry101 on July 04, 2018, 10:30:05 AM

Probably china have the greatest influence on bitcoin among all asian country's. Because almost all traders and investors are from china. And the other country next to china are japan and korea.

China is truly an Asian country has a great influence on Bitcoin, could even say that the whole world because first, as you say, investors and traders are from China, their population is overcrowded, many traders and investors are also not strange, the quantity is too large to affect the whole market. Next, miners are also part of this issue, China has a tremendous number of miners, the wealth and the amount of bitcoin that these people possess is unquestionable, too big, therefore, we can see that whenever China has bad news about bitcoin, the market almost bleeds horribly

Escan0r

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I think japan, because japan is the first influence of bitcoin that makes other countries use it. Because bitcoin can make a person's economy better if the person uses it patiently and knows how to profit from the bitcoin.

Lucifers

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i think korea is more dominant nowadays in crypto currency. because yesterday we saw the news that in korea there is a hack that resulted in a lot of losses. I see from it because in korea now more and more issuing new coins besides bitcoin.

Sandijoee

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Already many Asian countries that accept bitcoin call it, japan, philippines, indonesian, Etc. But from all Asian countries there are asian countries who do not like bitcoin and he is the only country that does not like bitcoin even they hate bitcoin, a country that does not like bitcoin it is chinese. If I think that is a big Asian country that affects bitcoin.

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