Which Asian countries have the greatest influence on bitcoin? - page 23.

azisjz4

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Quote from: Wipro on February 03, 2018, 09:13:48 AM

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

Like their population Chinese have the large number of exchanges from the companies put up in China. I can find the people looking to invest on the bitcoin in china too but since they banned the bitcoin it really hurts them.
Japan we do not need to worry about them. They already made the bitcoin and other cryptocurrencies can be used legally in every cities and rural places in Japan. So they are already supporting the bitcoin.
Koreans, they regulated the bitcoin trading sites under their tax rules and regulations. I do not think that they completely ban the bitcoin. Hope everyone will look into invest more in that country too.
India, they are very few in numbers to using the bitcoins and other crypto currencies. They should accept the bitcoin as legal currency to use their since it has potential to change their country status to developed country. Their ministers team to discuss more about the blockchain investments and startups.

well thanks for your information, i agree with your opinion. I think china, japan, south korea and india have greatest influence on bitcoin, but i think is a big influence on bitcoin, because Japan has the third largest economy in the world (u can see this link https://www.weforum.org/agenda/2018/04/the-worlds-biggest-economies-in-2018/). Japan with a large economic level and supported by the regulation of bitcoin, I think this can affect the price of bitcoin in the market.

soul-impact

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Japan is a country that has a great influence on bitcoin. The Japanese government encourages people to use bitcoin. They want to build a bitcoin downtown. Japanese people see bitcoin as a national currency.

Grechkatx

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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 think that these countries are China and Japan. After all, they are the most advanced and I think that there are quite a lot of people who attract these crypto-currencies so they have a fairly large impact on them.

Ale88

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Quote from: ReiMomo on June 05, 2018, 11:52:13 AM

I think China is influencing Bitcoin more. Even though China have banned Bitcoin transactions, the people of that country is contributing more towards crypto currency. China has more number of mining done in their country as well. Next to China I can say it should be India, this country hasn't took any stand on crypto until now and there are more people involved in crypto trading.

Many people though China had a large control over bitcoin market because of the fake volume of the exchanges, now we know for sure that China is not that important, it's just another country like many others. Japan and South Korea are way more important (and serious).

orarider

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I think Japan is a big influence on bitcoin. Japan has the third largest economy in the world. The Japanese government encourages people to use bitcoin. There are a lot of Japanese people investing in bitcoin.

syarifudin

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Like Japan, that's because, Japan's financial authorities have legalized bitcoin as the official currency in the land of the sakura. "So prices in Indonesia tend to follow that in Japan alone

tanginamoo

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As for my opinion, I think that the country of japan has the greatest influence with bitcoin. As of now, japanese already considered bitcoin as a official currency.

ReiMomo

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I think China is influencing Bitcoin more. Even though China have banned Bitcoin transactions, the people of that country is contributing more towards crypto currency. China has more number of mining done in their country as well. Next to China I can say it should be India, this country hasn't took any stand on crypto until now and there are more people involved in crypto trading.

soul-impact

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House is a country that has a great influence on bitcoin. The Japanese government encourages people to use bitcoin. Japan wants to build the capital city bitcoin. Japanese people see bitcoin as a national currency.

Cryptotickerr

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I guess China has influence on crypto merely because of its population, like India does. Although ICOs are banned there, this doesn't stop people from investing in projects around the globe. Right now China seems to be manipulating blockchain : first declaring it illegal and now issuing statements endorsing Ethereum and recognising the value of blockchain. Probably they want to leverage crypto to achieve heir own goals, perhaps modify it somehow
(i.e. come up with their own national blockchain that might not be decentralised).

toral host25

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Japan as a very enthusiastic attitude towards bitcoin, which is positive, and China as a negative influencer.

Crypto vs Metals

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I would say Japan, Korea, and China but more and more Asian countries are adopting Cryptocurrencies. Japanese are the largest foreign exchange investors as well. Japanese like speculative investments.

9emb3lelit3

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Countries like China do have a big influence on Bitcoin, followed by India, Korea and Indonesia, but with what I see and I read, the State of Japan is now the country with the greatest influence on the development of Bitcoin, because there are already using Bitcoin as a tool to perform various payment transactions. There are so many companies in the country that pay all their employees' salaries by using this Bitcoin, so Japan is a very big country to develop this Bitcoin in Asia.

Virginia Nevess

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We have seen that Chinese government officials shut down local bitcoin exchanges. So, this move was enough to make Japan the new No.1 bitcoin market by trading volume on exchanges (three of the top five global exchanges are in Japan) and the Japanese Yen the No.1 currency used to buy bitcoin

Alex789

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Currently the largest market share is in the country of China, why because China is currently trading in controlled by the country, japan, India also has a great influence on crytocurrency

katarin2030

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Quote from: brotherwood12 on June 04, 2018, 09:20:26 AM

japanse and india is the most i think , after china was ban bitcoin
also my country indonesian take a part but not as jappanse and india

Earlier China was leading in the bitcoin investors as China government banned bitcoin now obviously the next highest populated country is India, so now India has the greatest influence on bitcoin. India now slowly increasing in the users of the bitcoin in future it may even grow in a faster rate.

charlemagne_15

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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

In my opinion, I think the countries such as China, Japan, and Korea are the Asian countries that have or will have a huge contribution in bitcoin. They have an enormous possibility that encourage and influences others to try bitcoin out because of they have a lot of business minded person and business thinkers. Having that kind of people, I guess cryptocurrency sounds new and good to them.

Agapelove

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I think the countries which has the greatest influence is both China and India. Due to their large population and innate sense in technology, people their are more inclined to do Bitcoin. Take note also that in their country Bitcoin is well known and a large portion of different communities consist of people from these countries.

Sandeep24

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i think India is influence from Bitcoin because Indian peoples are know how to lead in technology. Hope indian government agency will be allow Bitcoin as a second crunncy.

mitchel_am

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Asians know how to deal with technology and probably they are the fastest developers in the entire world. In my opinion, China and Japan are the biggest countries with bitcoin influence

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