Which Asian countries have the greatest influence on bitcoin? - page 21.

Leo Barnes

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Quote from: vintamodern444 on February 03, 2018, 09:01:42 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

It is undeniable that among the Asian country China has the great impact, because of the huge number of the investor.

liberty02

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China is definitely one of the big hitters in Bitcoin, due to their large population with around 1.4 Billion in terms of the number of transactions I think no one country can beat them. Their treatment of cryptocurrency will also affect everyone as no doubt in my mind that China is now the leader in the Market onwards. Not to mention their numerous miners generating income for them.

Suprittandon

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China has the biggest impact on the trading of Bitcoin because it has more exchanges and is technologically savvy country. China is one of the leaders because it has massive miners. After china, Japan and South Korea are the other countries.

orarider

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I think that Japan is a country with big influence on bitcoin. Japan is the birthplace of the bitcoin currency. The Japanese government encourages people to use bitcoin. They want to build the heart of the capital bitcoin here.

daddypastes

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China was the most dominant country not only in Asia but throughout the world to use Bitcoin since the ban in the last mid year, China hasn't made so many transactions in cryptocurrencies. Indian people on the other hand invested much in crypto last year but the media and politicians are spreading FUD in the community by spreading rumors and all sort of nonsense, indians have a great impact if a FUD hits them and that is why there is a lot of panic selling in India. Although the down trend is not yet over, we can see little green peaks in charts lets hope that Bitcoin spikes again....

Ale88

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Quote from: btcCoincart on June 06, 2018, 11:37:08 PM

One vote for China! They are such too big city and all there regulators gonna change the world! Just think one day when China allow everybody to use bitcoin s payment method, the btc price will go up real fast!

I wouldn't rely too much on a country such as China, they can bee too unpredictable, whatever today is legal tomorrow may be not. Bitcoin definitely needs to take some distance from that country, and so do the users.
Of course I would love a bitcoin used by all the Chinese people btw Grin

dorofee

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India can have good impact in future if they make it legal. There is a huge untapped market in India that will invest in bitcoins if it is made legal there.

markleal

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Quote from: vintamodern444 on February 03, 2018, 09:01:42 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

Hi there vintamodern444! Since you are asking about influence, the first country that comes to my mind is China. They are the most populous and even the government prohibit some transaction about bitcoin and cryptocurrencies, there are still many people who engaged in this activities. China did not just influence the people in their country but they also influence people outside their country. That is because the Bitmain which become the most largely well-known company that produces miners for the bitcoin. And its products are shipped almost everywhere.

btcCoincart

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One vote for China! They are such too big city and all there regulators gonna change the world! Just think one day when China allow everybody to use bitcoin s payment method, the btc price will go up real fast!

gynhg5

newbie

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In Asia, China’s market is a large part, but in fact, because of the relationship between the Chinese government, Bitcoin’s development in China is the worst. Because the government's attitude towards Bitcoin is unfriendly, it is believed to be full of illegal activities, scams, illegal transactions, and money laundering.

Choyor

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What I know from the news of the country that has a big influence on Bitcoin is the country where China has a very large Bitcoin users, unfortunately China is banning the existence of Bitcoin in the country so that it affects the value of Bitcoin itself.

grabpopcorn536

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China is a bigger market than Korea and Japan. But the Chinese government appears to be opposed to Bitcoin's presence on their economies. I think there will be major changes with Bitcoin if China accepts Bitcoin and lifts the ban.

Rano

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China, Japan and Korea. I'm currently in China right now and quite surprised how far they have come. Here almost nobody pays in cash anymore. People use mobile wallets like WeChat to pay almost everything. Even the old fashioned bus tickets can be bought using the QR code to buy tickets on the bus. Everything seems to be connected to the internet. If crypto ban will be removed in china, surely they will have a great impact.
I'm coming from Germany and we are way behind Chona regarding internet of things.

Bitcoinnumberone

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Quote from: vintamodern444 on February 03, 2018, 09:01:42 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 think Japan and China is biggest users of Bitcoin and asia is largest continent a lot of influencer in this place. Japan is the pioneer, the creator of Bitcoin he influence other countries to use Bitcoin and China is good in trading a lot of members and users in this country, other says India is one of the influencer a lot people there i think it is.

keanne_isaac

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www.daxico.com

Quote from: vintamodern444 on February 03, 2018, 09:01:42 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

For trading i guess china is leading but for using bitcoin as mode of payment i guess japan is leading the way asost businesses and payment centers are accepting bitcoin as sn option for psyment in japan.

Dr.Nina

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The bitcoin has a great potentiality. It has also a great influence at every country. But now a days China band bitcoin and India also aware their citizen to use bitcoin. In this situation Japan has the most potential regarding the bitcoin. All of we know Japan is using bitcoin at every level. So, I think Japan will be the pioneer to use bitcoin among Asian countries. But if India Come forward then India has also great opportunity to become pioneer, as the population of India is very large.

airdnasxela

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Quote from: vintamodern444 on February 03, 2018, 09:01:42 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 think the country that has the greatest influence in bitcoin is China for the reason that it has the most number of traders because we all know that China has the biggest population. Other countries that are coping up and also has big impact to bitcoin are Japan, South Korea, and India. Additional, I think Singapore is also a leading a country to bitcoin in terms of technology because their technologies are also advanced.

Akash55

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India, Pakistan, China, Japan, South Korea have the greatest influence on Bitcoin

WUUEX79

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Xch4nge.com

Quote from: IndigoRed on June 06, 2018, 07:38:56 PM

South Korea is considered one of the largest markets for bitcoin traders worldwide. And just recently, the South Korean supreme court ruled bitcoin as an asset. That’s huge, right?

Really, but why I don't believe in what you say (sorry no offense). Because before, they have closed some exchange accounts and tightened any rules related to cryptocurrency.

wallstone

sr. member

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Quote from: vintamodern444 on February 03, 2018, 09:01:42 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

Both Japan and South Korea are encouraging and welcoming cryptocurrency in their economy. China and India are debatable and somewhat questionable since these countries "ban" cryptos even though they are still in the top of investors. This four nations really is something and I can't wait to expect more from them. Wildcard country includes Singapore since this tiny country is really reach and innovative.

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