Topic: Which Asian countries have the greatest influence on bitcoin? - page 32. (Read 4033 times)
February 20, 2018, 06:06:15 AM
At first, China is the most influential country when it comes to bitcoin industry. However, they banned all BTC platforms recently. And now, I'm looking forward to South Korea or Japan to be the most influential country when it comes to cryptocurrency.
February 20, 2018, 06:01:03 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
The greatest influence on bitcoin has,of course, China!Because they have the most powerful mining system in the world.
February 13, 2018, 05:25:37 PM
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.So in future,it would have more influence than any other country.
February 13, 2018, 04:18:26 PM
Of course, China! You look, what is happening with bitcoin because of the Chinese New Year! The negative news that came from Asia had a big impact on the drop of bitcoin! But I'm sure it's all vrmenno, soon will start very serious growth! The main thing is that China, Japan, Singapore and Korea do not do anything bad!)))
February 07, 2018, 04:31:56 AM
because the bitcoin is fluctuating, I think that's normal. and do not forget also in bitcoin Indonesia is also quite famous, although the government in the country forbade it.
February 07, 2018, 03:58:11 AM
Hi,
What is interesting here is that the stuation is very different from one Asian country to another. It would be easy to say that all their governments are trying to implement banning regulations, but it would also be wrong.
On top of that, there are other Asian countries, with less bitcoinners but still very active in the community, such as Vietnam. That's interesting to see that whereas bitcoin is just a trading tool in south Korea, it can be considered as a real replacement economy in Vietnam.
Of course the political and economic situation in those countries can explain the differences.
What is interesting here is that the stuation is very different from one Asian country to another. It would be easy to say that all their governments are trying to implement banning regulations, but it would also be wrong.
On top of that, there are other Asian countries, with less bitcoinners but still very active in the community, such as Vietnam. That's interesting to see that whereas bitcoin is just a trading tool in south Korea, it can be considered as a real replacement economy in Vietnam.
Of course the political and economic situation in those countries can explain the differences.
February 07, 2018, 03:53:18 AM
The main reason is that too many countries in Asia have recently released information on the banning of bitcoin transactions, causing the market to slump and the price to fall drastically, mainly because the impact of state information is very strong. However, Asian countries also accept bitcoin transactions, which have both advantages and disadvantages.
February 06, 2018, 02:51:10 PM
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
February 04, 2018, 02:19:53 PM
China has the greatest influence on bitcoin. It has the biggest population in the world.
February 04, 2018, 01:51:45 PM
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
February 04, 2018, 01:32:08 PM
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
Asian market is huge, and I suppose China is the biggest part of this market. They creat a lot of ICOs and trade much.
February 04, 2018, 01:23:36 PM
Earlier china influenced a lot on bitcoin but not now.Then south korea had very big influence on bitcoin with bitcoin traded mostly in the exchange bithumb .Then i think now its india's turn to influence bitcoin with such a huge adoption taking place there and at the same time,negative news coming from the government side.
February 04, 2018, 01:01:24 PM
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
February 04, 2018, 09:11:43 AM
Countries with large amounts of virtual currency transactions such as
how did you measure this?because as far as i know there is no way of telling where transactions are coming from. there is no IP address in them and the way propagation works prevents (or at least makes it near impossible) to track it back to IP addresses.
so i am curious to know how you came to the conclusion that the countries you listed have the "large amounts of virtual currency transactions"?
Quote
In particular, China and India have a great influence on the BTC currency because the number of bitcoin traders is huge
based on volume i don't think they have more traders than any other place and they have been buying bitcoin more than anybody else.not to mention the USD markets started the fall and fell hardest while something like BTC/INR was acting much stronger!
February 04, 2018, 09:02:25 AM
but nowadays china and india are against bitcoin
only japanese who keep using bitcoin services, bahakan japan has given an official statement, if bitcoin is the official currency in japan
only japanese who keep using bitcoin services, bahakan japan has given an official statement, if bitcoin is the official currency in japan
February 04, 2018, 08:56:53 AM
Countries you named represents almost the half of world population. Of course any news coming from there will have a big influence in cryptocurrencies market.
February 04, 2018, 08:51:46 AM
Earlier 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 Bitcoin's charts. Lets hope that Bitcoin spikes again.
February 04, 2018, 08:41:43 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 am not sure on what data you are telling that India does have a bigger influence in bitcoin,none of the exchanges in the top ten include any exchanges from India,when it comes to the volumes in trading Korea tops the chart along with China,Singapore and Japan,Korea came up with new regulations and now it is certain that the speculation about the ban is not true.Expect more regulations from all the countries and there will be FUD news along the way. 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
February 03, 2018, 10:04:14 AM
my opinion China is a country that has the impact of bitcoin development given the rapid growth of the population as well as the technology they create is extraordinary and may Asian countries all have an impact that can make a good contribution.
February 03, 2018, 09:53:58 AM
China surely has most enormous impact on bitcoin, but recently China government banned bitcoin. India is also can create influence both China and India can influence the main reason is population both the country have a massive population, so this two country will create impact.
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