Bitcoin in Asia

[Joyawan13]

Indeed bitcoin in Asia is now becoming more popular, and many use bitcoin to make investments for big profits, although in Asia many countries have not received or can not legalize bitcoin, hopefully bitcoin can soon be legalized in my country.

[miradorme]

Bitcoin is accepted everywhere in the world especially Asia: China,Japan, South Korea, India etc. Bitcoin is big and keeps expanding by the day so just check localbitcoin website for merchants and exchanges closer to your location in Asia.

Bitcoin in Asia Is so popular.  Because for me everyone will used bitcoin. 

[crzy]

I am from Philippines, and our government, may not be literally accepted or banned (or maybe soon, will regulate) Cryptocurrency, but they still want us to be careful for using Bitcoin as a currency because of being volatile and not backed up by any central bank. Well, for me, being accepted in Asia is not a bad thing at all.

This is the most dangerous situation. Just like what happened in my country (India). At first, the government only issued warning regarding the crypto-currency usage. They were saying that we must use crypto at our own risk. But once the prices sky-rocketed, the tone changed. They started sending legal notices to anyone suspected of using Bitcoin.

Asian countries should really adopt this great technology specially those who are in 3rd world country. Its really scary when you receive notice from your government because you are using bitcoin but I am still optimistic about the future of bitcoin that every country will finally accept and use it, it will happen for sure.

[weblouartisan]

Hey,
I just saw a blog http://www.w11stop.com/blog-w11stop/bitcoin-w11stop related to bitcoin and wanted to know is it acceptable in Asia?

Thank You

I think that cryptocurrency is acceptable in some countries in asia because here in the philippines, most of the governments does not really care about bitcoins but the only bad thing about it is that, There are some companies who are creating black propaganda about bitcoins, Most of them are the banks that losing their own investor.

[sisule]

Hey,
I just saw a blog http://www.w11stop.com/blog-w11stop/bitcoin-w11stop related to bitcoin and wanted to know is it acceptable in Asia?

Thank You

I think that cryptocurrency is acceptable in some countries in asia because here in the philippines, most of the governments does not really care about bitcoins but the only bad thing about it is that, There are some companies who are creating black propaganda about bitcoins, Most of them are the banks that losing their own investor.

the concern of a country if it does not care about bitcoin is the performance of the banking to be disturbed. many of the investors are investing more money in cryptocurrency than in the bank so I think that's the cause of the black campaign from banking because they are losing in the competition for the investors.

[cryptokudi]

Bitcoin is international currency and exactly in Asia, it's the most developed, especially in China, where the number of bitcoin users and miners is the biggest. I think exactly in this region bitcoin will be mass adopted firstly in the world and in this example, other countries will start to adopt bitcoin as well.

[joebrook]

Hey,
I just saw a blog http://www.w11stop.com/blog-w11stop/bitcoin-w11stop related to bitcoin and wanted to know is it acceptable in Asia?

Thank You

I think that cryptocurrency is acceptable in some countries in asia because here in the philippines, most of the governments does not really care about bitcoins but the only bad thing about it is that, There are some companies who are creating black propaganda about bitcoins, Most of them are the banks that losing their own investor.

the concern of a country if it does not care about bitcoin is the performance of the banking to be disturbed. many of the investors are investing more money in cryptocurrency than in the bank so I think that's the cause of the black campaign from banking because they are losing in the competition for the investors.

Even though Asia is one of the places where Bitcoin is really very popular, there has been a lot of crackdown on them from most of the Asian governments, It started with China and they settled on regulating it and now the South Koreans are threatening to ban it as well.

[taiwww]

Bitcoin was popular in Asian countries like China, Japan, Indonesia, South Korea, India etc. China was the biggest trader as well as bitcoin miner. Biggest mining farms were from China. Going one step ahead Japan has taken initiative to setup bitcoin ATM centers. But later on China banned bitcoin currency from their economy by having security reason. After that countries like Japan, Indonesia, Korea also banned Bitcoin currency. India has not banned bitcoin yet but Central bank is warning bitcoin investors and traders against use of bitcoin. This is bitcoin`s status in Asia now.

[RudeeTam]

It is very much accepted in asia. I believe South Korea is currently giving bitcoin a hard time but haven't read into it that much yet. Could be why bitcoin is slipping back down. But everywhere else like in south-east asia, there's not much bad rep regarding bitcoin.