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Topic: Which Asian countries have the greatest influence on bitcoin? - page 4. (Read 4002 times)

copper member
Activity: 672
Merit: 270
China have great influence on Bitcoin and the entire crypto market due to their large population and crypto inclined minds. Most of the Bitcoin mining firms existed in China until the recent ban of Bitcoin in China which made a lot of the mining firms migrate to other countries.
China has the greatest influence on Bitcoin and since it is also have the most highest population in world that's why most of people who using Bitcoin are in china even their government banned Bitcoin to their country. They keep using it because they know the opportunity to get huge profit even there's a higher risk and possible they will be can caught by their government,.
member
Activity: 938
Merit: 14
Earn more with Earn Network
China have great influence on Bitcoin and the entire crypto market due to their large population and crypto inclined minds. Most of the Bitcoin mining firms existed in China until the recent ban of Bitcoin in China which made a lot of the mining firms migrate to other countries.
newbie
Activity: 33
Merit: 0
In my opinion the whole region in Asia has great influence in crypto. Japan, China, South Korea, Singapore are some of the most influencial. To be precise i think Japan can bring a tide of change as they are already establish ATMs and the government accepts crypto.
hero member
Activity: 1414
Merit: 505
Backed.Finance
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

China is one of the influential for sure. Also with Japan, Korea , Singapore ,Philippines and Taiwan. These countries are competing the crypto share and innovations are coming out from this countries.
jr. member
Activity: 70
Merit: 4
I think countries in Southeast Asia and East Asia are the countries that have the greatest influence on bitcoins. These countries are considered to have many internet users, so they are easy to access bitcoin and a few other things. Not only the population of these countries are very young, they are inquisitive. Therefore, they have a relatively large influence on the bitcoin.
member
Activity: 226
Merit: 26
I think China is the greatest influence on bitcoin as the history said itself that Satoshi Nakamoto who is from Japan then he go to China to see it to the people that he invented the first digital money .
hero member
Activity: 1120
Merit: 554
If I am not mistaken at the moment America has a great influence on bitcoin. I read that it ranks first in terms of trade.

Barely any stores in America accept cryptocurrency.  Merchant adoption is a lot higher in China and Japan.
Japan always seems to be ahead of the curve with technological advances.  Just be patient and give it some time, eventually the world will be using some form of cryptocurrency.
jr. member
Activity: 238
Merit: 1
https://www.empirehotels.io
If I am not mistaken at the moment America has a great influence on bitcoin. I read that it ranks first in terms of trade.
newbie
Activity: 38
Merit: 0
China and India are Asian countries that trade a lot of bitcoin, and the country has a big influence on bitcoin in Asia.
jr. member
Activity: 295
Merit: 1
Of course China is a country that has an influence on the price of bitcoin, because from China many large investors in the crypto sector, China can make the price of bitcoin rise high and China can also make the price of bitcoin drop dramatically, I think this is their trading strategy.
jr. member
Activity: 252
Merit: 1


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 and Japan are close competition. China have more people who are crypto literated. Japan is loaded with cash to invest in anything they want. this 2 country lead the way.
full member
Activity: 966
Merit: 102
surely China is the most influential on bitcoin, because with the bad issues in the name of bitcoin, the price of bitcoin can be directly destroyed drastically, because in their country the most bitcoin holders and the government also receive it well from the past
sr. member
Activity: 412
Merit: 250
more on all news coming from China, this is expected, since bitcoins are mined there, in spite of all prohibitions
member
Activity: 644
Merit: 10
COVIR.IO
I think that Korea and China are the most influential countries in the world of Crypto, this is proven when the value of BTC dropped very far yesterday because of bad news about Crypto spread in China.
their citizen really conscious about technology.so no doubt their country give big contribution in cryptocurrency market.if from these country we heard good news, its directly impacted to bitcoin price

South Korea already regulating cryptocurrency and many their people have good knowledge about cryptocurrency. China will make crypto market more bigger if government allowing their people investing on market. Beside both country, never forget Japan because Japan is one of first country that allowing bitcoin for payment
jr. member
Activity: 87
Merit: 1
Based on what I've heard its on Japan right now and nothing can really stop the rise of cryptocurrencies. It is convenient and dangerous. Once it becomes a mainstream national/global standard, the central banks will have already taken control of it. The IRS will be involved. Regulations aplenty will follow. And then we will be left with fewer purchasing options then ever before. Because businesses are prone to theft, sometimes by employees. Wouldn't you go all electronic to safeguard against it? It won't take long before cash is rarely accepted. Very few options. And there are other concerns. As a matter fact, a single click of a mouse can freeze all your electronic assets. Don't think you can get around it when using the internet. The Fed may sell the masses on the idea of bank access through RFID chip and if that goes mainstream, get ready to accept the Mark of the Beast. It will monitor your health and location while taking away personal privacy and many freedoms. It will also be your wallet and you will not be able to buy nor sell without it.
newbie
Activity: 72
Merit: 0
China does have a big influence in the world economy not only in the crypto market, which they already have but in the real world China is very influential after America, of course, has a lot of qualified human resources and good business education is a factor why they are very influential
copper member
Activity: 546
Merit: 1
I will choose Korea first, then consider china and Japan to be next. Korean has been displaying news blockchains system over the few years and also the people of this country are starting to accept cryptocurrency widely.
newbie
Activity: 53
Merit: 0
Indian will have good impact on the prices of Bitcoin


I think that now Japan has surpassed China to become the country with the first volume of BTC transactions, many people in Japan know about BTC, and many businesses also support BTC trading! The impact on the BTC is amazing!
Before China banned BTC, the impact of China on BTC was very good!
jr. member
Activity: 313
Merit: 1
Japan, South Korea, and China are the countries that have the biggest influence on bitcoin in Asia.

Japan: In April 2017, the Japanese government and lawmakers gave digital money the legal tender status in the country. More than a lot of bitcoin and cryptocurrency exchanges operate with licenses issued by the government in Japan.

Then, South Korea. This country has experienced massive bitcoin trading activities in the past. Also China, at one time, about 80% of the daily trading volume of bitcoin comes from China.

Other Asian countries such as India, Vietnam, Singapore, Thailand, and Indonesia all contribute to the growth and popularity of cryptocurrency,
sr. member
Activity: 756
Merit: 257
Freshdice.com
I think the asian countries have rge greatest influence on bitcoin is china because when China start to banned bitcoin a huge price of it decreased from that incident. There are a lot of investors in china that is why it has a huge effect on the price of bitcoin.
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