Topic: Which Asian countries have the greatest influence on bitcoin? - page 27. (Read 4042 times)
with a population of more than a billion people considered a revolutionary state of Bitcoin After the announcement of India's largest bitcoin government demonetization plan in the country increased daily trading volume from 5 BTC in December 2013 to 30 BTC in three months. By having 1,500 Bitcoin users.
I think the most influential countries are Japan, China, India and South Korea. the number of bitcoin account usage in China and India is very much because of the population in that country many people. News bitcoin ban in China, India and South Korea yesterday has made a reduction in bitcoin prices. otherwise Japan is a country in Asia that officially legalizes bitcoin as a legal means of payment. The presence of bitcoin in Japan makes this country more advanced.
I estimate that China is the most influential country in Asia to Bitcoin. Being the most populous country in the world, the use of BItcoin by the Chinese population will increase the popularity of Bitcoin, which will increase the value of Bitcoin. In China there are now super rich people. Their choice of Bitcoin as a form of transaction in their commercial activities can help Bitcoin add value in a groundbreaking way. But it also has to think about the Chinese market's dominance of the Crypto market. Currently, Bitcoin is banned in China.
If you talk about the Asian countries without any doubt i can say that "Tokyo" is most influenced by Bitcoin and you can also add Singapore to this list. But the amount of news about Bitcoin related stuff that comes out of Tokyo is immense and further they are taking technology to every possible level. You could also add the name of China but last year they left Bitcoin otherwise they were one of the biggest country supporting Bitcoin.
China and India were the most highly populated countries in the world.China already has a high influence over bitcoin and India being another big country still have more population getting adapted to bitcoin.
I would say China creates most of the FUD here in Asia that will put it as a very influencial country. And also Korea when it terms to market volume. Koreans are crazy traders
In my opinion, China, South Korea and Japan have the greatest influence on the price of bitcoin from Asian countries. These three countries are capable of raising the price of bitcoins and altcoins to the skies. If you recall the situation in the spring of last year, then the growth of the crypto-currency market was due to the legalization of bitcoin in Japan and the massive purchase of crypto-currency by residents of this country. In the fall of 2017, sharp growth of bitcoin to $ 20,000 occurred largely due to the massive influx of South Korean investors and ordinary people. China is the main place of mining capacities concentration.
When China and SoKor bans ICO and exchanges thats the time the market falls, I see that these two Asian country really affects the market, they indeed influence BTC the way we didnt ex[ect it to be.
probably Japan because government of Japan doesn't say that bitcoin is illegal.
In my opinion, China, South Korea and Japan have the greatest influence on the price of bitcoin from Asian countries. These three countries are capable of raising the price of bitcoins and altcoins to the skies. If you recall the situation in the spring of last year, then the growth of the crypto-currency market was due to the legalization of bitcoin in Japan and the massive purchase of crypto-currency by residents of this country. In the fall of 2017, sharp growth of bitcoin to $ 20,000 occurred largely due to the massive influx of South Korean investors and ordinary people. China is the main place of mining capacities concentration.
When China and SoKor bans ICO and exchanges thats the time the market falls, I see that these two Asian country really affects the market, they indeed influence BTC the way we didnt ex[ect it to be. 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
Japan, Korea and China are the large user of bitcoin here in Asia, they are the one also who wanting to to use a Cashless Method not only Bitcoin but some other different kind of transaction using Computer and Cellphone. for additional information to all, The founder of Alibaba in China was came here last 2017 to push a cashless method I think if I'm not mistaken Bitcoin is the subject why he came here in the Philippines pushing to use a cashless method like bitcoin.
India is also a country that affects bitcoin because there are several reasons indirectly mentioned in definite by India but now India has decided to stop working with bitcoin service users.
well, what about the same Singapore ... alas, the Asian countries are far superior to Europe and the United States in electronics and programming, they tend to be more sensitive to trends and trends
In my opinion. other than korea, japan and china. Indonesia also contributes greatly to digital economic activities by using bitcoin or altcoin as a medium of transactions and investments. today many people are choosing to invest in crypto because this currency is very famous in Indonesia.
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
To me the most obvious choice would be Japan as it is co sidered to be the world’s leader when it comes to technology and it is situated in the Asia region. It is also understandable that the trend would be that Asian countries would be i vesting far more heavily on this as most of the countries situated in Asia are considered third world countries and would look to have more investments on the financial sector of their own region
It is true. chinese, korea, japan give a big contribution in terms of digital currency. many of these countries are taking advantage of digital currencies to transact. in my opinion, lately Indonesia is also contributing, because in the country of Indonesia many people who use digital currency to support investment.
Bitcoin has achieved this milestone because of support from many countries of the world, but our focus is on the Heavyweights on the Asian continent whose appetite for Bitcoin and cryptocurrencies has been insatiable over the years.
in my opinion chinese. the prohibition of use or bitcoin mining by countries with strong economies such as China can greatly affect the value of bitcoin
There is no doubt that it is Japan because that is the Asian country that accepted bitcoin as a legal cryptocurrency and with that action that they made, they surely make a huge step ahead compare to the other Asian countries that are still doubting bitcoin that it might be just a scam or a useless technology while Japan is already experiencing the benefits of bitcoin.
I think Japan because being so, a respected country as it is, already influenced the cryptocurrency market as it is. As we all ought to know, Japan is one of the world's leading country in terms of technology and advancement. Hence, the fact that they are one of the pioneers in accepting Bitcoin in any merchandise is very much telling. Surely, other countries especially those within the Southeast asian region, are inclined to following Japan's orders when it comes to regulating the use of Bitcoin.
China and India are among the most influential countries in Asia because they are the world's most populous countries. Japan was the first country to legalize bitcoin.
Jump to: