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Author Topic: Which Asian countries have the greatest influence on bitcoin?  (Read 1089 times)
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June 13, 2018, 09:36:25 AM
 #261

I think first of all China and then Korea.
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June 13, 2018, 10:47:02 AM
 #262

 There are two Asian countries that are more interested in the cryptocurrency that is Japan and South Korea they are the most interested to invest in cryptocurrency many traders use it for their businesses . The Japanese government had officially recognized digital currencies as a means of payment  once the Chinese had a trading volume of 80% in Bitcoin till the ban was put forward by the government but still they trade in China . Other Asian countries like Indonesia,Thailand,Singapore,India,Vietnam has contributed for the growth of cryptocurrency.

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June 13, 2018, 11:22:01 AM
 #263

I would say countries in the Asia-Pacific region like Japan, South Korea, Singapore. These countries traditionally have a strong history of embracing technology and nourishing tech startups. China, India, and Indonesia will follow later.

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June 13, 2018, 11:31:18 AM
 #264

I think the best and largest countries that embrace Cryptocurrency are Japan and South Korea, but China is the most influential country in Cryptocurrency, this is because China is a big country and has the most populous and spread all over the World. China is a very rich country, And its people also like to invest in Cryptocurrency. but when the Chinese government banned Bitcoin and Cryptocurrency, at that time All Bitcoin users around the World were affected.

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June 13, 2018, 01:09:48 PM
 #265

I guess china has the greatest influence on bitcoin except japan and korea. Because china have the bigest popular in all country and most of the investors are from china. And china have the biggest number who mines bitcoin.

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June 13, 2018, 01:33:19 PM
 #266

I think Japan is the greatest influence country for bitcoin market in the world. This can not be separated with the fact that Japan have one of the strongest market bitcoin in the world. Beside that the financial authority of Japan also already accepting bitcoin as their legal currency.


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June 13, 2018, 01:43:06 PM
 #267

probably japanese most influential Asian countries bitcoin because japan most transactions using bitcoin virtual money. bitcoin marketing level in japan is very high compared marketing in other asian countries because japan government has legitimately relieved bitcoin
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June 13, 2018, 01:48:22 PM
 #268

If any country want to be the greatest influencer on bitcoin, then they have to beat China in bitcoin mining. We can not deny the fact that China is the largest miner country in Asia, even the regulation or bad news in that country can alter the price of bitcoin itself, even the slightest one. So for me yeah, China.


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June 13, 2018, 01:51:25 PM
 #269

My opinion , Countries like europe , japan and china are mostly influenced on bitcoin . Even india is growing  high in crypto world , but due to some issues there are some controversies and that'a why crytocurrency does not get  attracted by people .

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June 13, 2018, 01:51:45 PM
 #270

I don't think which among these county whi are in asian are most influence to the bitcoin. But I hope in your list you may add Philippines because in my country we have millions of investor and user of the bitcoin and still counting and we help the price the price to increase more for sure.

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June 13, 2018, 02:04:35 PM
 #271

I think Philippines is the great influence on bitcoin in Asian countries, because its already popular in some area in the Philippines and there's a lot people are using bitcoin for their payments. So it shows only that on this country its already known and there are many people are invested on bitcoin, and also Japan. Because its also already regulated on their country.

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June 13, 2018, 03:33:44 PM
 #272

None other than China. They are the most populous country in the world, the largest trading floor in the world also of the Chinese. The number of minners here is also the largest.

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June 13, 2018, 03:43:02 PM
 #273

I would say countries in the Asia-Pacific region like Japan, South Korea, Singapore. These countries traditionally have a strong history of embracing technology and nourishing tech startups. China, India, and Indonesia will follow later.
really your opinion that the state of china, korea, singapore and indonesia will increasingly affect the cryptocurrency.

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June 13, 2018, 04:03:12 PM
 #274

In Asia, BTC is the most popular in Japan!
The legality of payment methods such as Bitcoin and other cryptocurrencies has been recognized, and some Japanese businesses have begun accepting Bitcoin as a payment method!

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June 13, 2018, 04:23:32 PM
 #275

Japan is the country in Asia have the greatest influence with regard to bitcoin. Because the Japanese market is trades bitcoin, the world's largest with 50,75% market share globally.



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June 14, 2018, 08:17:50 AM
 #276

Japan is the country in Asia have the greatest influence with regard to bitcoin. Because the Japanese market is trades bitcoin, the world's largest with 50,75% market share globally.

This you can tell as they have legalized bitcoin so everything is moving in clear but their are country like, china, india etc where the trade is more then 60% of it but as it is not legal that trade is all going in another channel which cannot be known. But one thing is sure that Asian Country are dominating in Crypto Currency & Bitcoin industry.

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June 14, 2018, 08:24:20 AM
 #277

I hope that the game of bitcoin will fully include Western countries, in addition to Eastern countries, they also have an impact on the market. If they come into play in full, everything can change dramatically
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June 14, 2018, 08:37:08 AM
 #278

Asian countries that have very high bitcoin circulation seems to be Indonesia and Singapore because I see only from that country that seems to have very high bitcoin circulation.


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June 14, 2018, 08:42:26 AM
 #279

In my opinion, China had a greater influence on Bitcoin but not now. Then came the influence of India, South Korea and Japan. Bitcoin exchange is the biggest business. I think this country contributes a lot regarding bitcoin and other cryptocurrency's acceptability by other country.
ngamuk tok
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June 14, 2018, 08:47:58 AM
 #280

I think developing countries like South Africa and Venezuela are quite influential in bitcoin development. Unlike developed countries that only buy bitcoin for profit only, poor countries tend to use bitcoin in their real world. Due to the weakening of their fiat money value against the dollar, they switch to bitcoin, and with bitcoin they can save their monetary value like saving in dollars. I think in the future more and more poor countries will use bitcoin as their payment alternative. When compared to paper money, bitcoin delivery is much cheaper and faster. Bitcoin also tends to be more stable when compared to the value of paper money that continues to be eroded by the dollar.

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