Which Asian countries have the greatest influence on bitcoin? - page 9.

Janation

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Quote from: Baokali92 on August 23, 2018, 01:19:45 PM

I think Korea, japan and also china have the geratest influence on bitcoin.

I guess that will be mostly China.

There are a lot of countries that has a lot of Bitcoin users and holders but the greatest countries that influences Bitcoin is China. Even though China banned Bitcoin, there are still a lot of miners of cryptocurrencies on that Country.

samcrypto

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Quote from: ToyotaFortuner on August 24, 2018, 10:58:30 AM

it looks like Asian countries that have the biggest influence on bitcoin are likely to be China, which currently has very high economic development so that it can affect bitcoin.

Japan I think is a good place in Asia for bitcoin, they are very welcoming in terms of adopting cryptocurrency. And so many big projects are coming from that place. Also here in my place because we can easily use crytocurrency in our daily needs. Hope that every country will adopt this technology.

BigTeeths

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Only Japan and South Korea has the biggest investments put in the cryptocurrency market. The are much more influential even than Russia that are also very active in ICOs and exchanges. But when it comes to FUD, only South Korea affects us too much unlike Japan that is very stable and not half-hearted in bitcoin.

Gragal

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Asian countries that have the biggest influence on bitcoin are Japanese, in Japan the work of bitcoin has been officially opened, and there are so many who work in bitcoin, in Japan, transactions are already using bitcoin.

BTC_BTC

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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

obviously Japan, a country in Asia that has the biggest influence on bitcoin.

because Japan has inaugurated bitcoin as the second currency in the country.

peter_coin

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When this kind of question is asked, the answer to this must be with clear facts, so in response to this I feel the Asian country with the greatest influence on Bitcoin is China, due to two major facts (1) Population (2) Amount of projects and exchanges that are there. These two factors make China have great influence on Bitcoin since they have a lot of people who own and trade BTC regularly and many projects and exchanges have come from there.

jambul_kribo

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Quote from: CPetersson on August 21, 2018, 05:22:27 PM

China obviously. China has the most important role in cryptocurrency in general. But however, with the increasingly hostile regulatory climate, the Chinese dominance on bitcoin, and the wider cryptocurrency market is diminishing.

now korean take china part in cryptocurrency market.their community growth rapidly and their government does not like china that banned all access about crypto

boyptc

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China before the ban commenced for ICOs there and after it because of this.

Quote from: merchantofzeny on August 23, 2018, 01:08:05 PM

China only mostly coz of the mining.

Japan, South Korea are few countries that are greatly influencing bitcoin market.

mjaranzasu

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Quote from: nguyenthanhvien on August 24, 2018, 10:34:53 AM

I think China, but their influence is not only Asia but the whole world. They hold a lot of BTC, having the world's leading mines.

This is also what I am thinking too, they are the reasons why bitcoin pumps or dumps and also some other large countries too. So far, everything is getting back to normal and I hope bitcoin will continue to recover.

ToyotaFortuner

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it looks like Asian countries that have the biggest influence on bitcoin are likely to be China, which currently has very high economic development so that it can affect bitcoin.

nguyenthanhvien

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I think China, but their influence is not only Asia but the whole world. They hold a lot of BTC, having the world's leading mines.

Baokali92

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I think Korea, japan and also china have the geratest influence on bitcoin.

merchantofzeny

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China only mostly coz of the mining. Their totalitarian government prefer digital transactions to be still processed using their yuans. So though most people there pay for everything via mobile, it's not bitcoin they are using.

Japan seem to have a very positive view of Bitcoins so it might be a big influencer in the future. It's mostly South Korea in the news though. People are constantly watching for any regulation changes there and it appears bitcoin did took off there. Saw a news clip showing people who "gambled" on bitcoins, as the media prefer to word it.

I dunno about India. It have a young and very tech-savvy population that's receptive to cryptocurrency but it looks like the government is the exact opposite.

newinbtc

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Bitcoin has received support from many countries of the world. Upto 80% of daily trading of bitcoins come from China.but after the ban on ICo it loss interest of Chinese people.but Chinese people use 70% of computer power for mining purpose only.Bitcoin value in United States of America, China, South Korea, North Korea, India, Russia and many other countries, daily trade volume in exchanges of these countries are estimated in billion dollar worth of Bitcoins.Digital currency is taking place now days for tasks to transfer the funds from one place to another without any middle man.

Thatsit

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You will notice that Japan, China and India are in good standing among the top 10 richest countries in the world. And overall the overall development of these countries is happening which can be seen in the eyes. And these countries are influencing Bitcoin in Asia.

Barbara Onio

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If bitcoin becomes focused, expect it to be managed by a good organization. Don't for personal benefit that bitcoin price

Neera Gallo

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The basis of blockchain and bitcoin is decentralized platform. I hope that Bitcoin will always remain decentralized

CPetersson

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China obviously. China has the most important role in cryptocurrency in general. But however, with the increasingly hostile regulatory climate, the Chinese dominance on bitcoin, and the wider cryptocurrency market is diminishing.

rasp

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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

Bad news always have a certain impact on the financial situation with respect of this or that valuable asset or currency.
News constantly coming from from Asian countries are no exception - they actually own the greatest share of the world's population that is capable of influencing the whole situation on the market.

dniwe_dna

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The greatest probability is that China is strongly influenced by bitcoin. Because of cheap electricity there are most miners and traders. But now in China, we see a confrontation of cryptocurrency against goverment.

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