Title: Growth markets for Bitcoin Post by: jinni on July 04, 2013, 09:46:49 PM Amid a price decline for Bitcoin, the currency is growing quickly in many markets. Especially in markets that have been counted as obvious markets for Bitcoin. I have calculated the growth rate for the last month in the largest 40 countries measured in Bitcoin-qt downloads according to Sourceforge (http://sourceforge.net/projects/bitcoin/files/stats/timeline).
The first number is the percentage growth the last 30 days, then the name of the country and finally the ranking in all-time qt-downloads 30 days ago on June 4th: 5.07% World 0 12.06% Lithuania 41 10.22% Argentina 19 9.32% Switzerland 20 8.90% Mexico 29 8.54% Portugal 28 8.45% Brazil 16 8.37% Hungary 36 7.57% India 18 7.49% Japan 38 6.54% Hong Kong 39 6.28% China 2 6.23% France 11 6.17% Singapore 40 5.99% Bulgaria 31 5.75% Romania 21 5.56% Norway 25 5.45% South Africa 34 5.34% Italy 14 5.30% United Kingdom 4 5.26% Australia 7 5.22% Ukraine 12 5.03% Ireland 33 5.01% Belarus 37 4.80% Slovakia 35 4.65% Spain 13 4.52% Czech Republic 26 4.45% Russia 5 4.23% United States 1 4.19% Belgium 23 4.16% Greece 32 4.13% Canada 6 4.12% Netherlands 9 3.96% Sweden 15 3.79% New Zealand 30 3.72% Denmark 24 3.71% Poland 8 3.38% Germany 3 3.02% Israel 27 3.02% Austria 22 2.55% Finland 17 So basically it seems that many of the markets what weren't so big before are growing a lot now. Also interesting is the fact that a lot of countries one would consider a big potential for Bitcoin like South American countries (due to inflation), East-Asian city states (due to good English-knowledge and lassiez-faire mentality), India (due to English/computer literacy and inflation) and Japan (due to high internet literacy and Mt Gox being situated there). In other words, even though a lot of familiar markets are waning in interest atm, others are gaining and thus I predict that the Bitcoin price will rise in the future :D Tiny edit: clarity/grammar Title: Re: Growth markets for Bitcoin Post by: BitChick on July 04, 2013, 10:33:17 PM This is interesting for sure. Thanks.
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