|
dominicg
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2015, 04:39:45 PM |
|
No wonder, business in Asia is increasing rapidly along with the population. There are new ventures. They are now less dependent on Western countries.
|
|
|
|
damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2015, 04:46:29 PM |
|
2019 is a good timescale but like you I think it will be sooner by a year or 2, I don't personally like the fact that they are catching so fast and will soon leave us behind. It is booming over there and the enviroment is about to be tested with all these new millionaires and people who have lived with close to nothing now having enough to buy homes cars and use enormous amounts of power. Crazy times ahead.
|
|
|
|
Amph
Legendary
Offline
Activity: 3234
Merit: 1070
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2015, 06:21:45 PM Last edit: June 24, 2015, 06:08:58 AM by Amph |
|
if this is the case, china has no reason to hold bitcoin, their farms will dump everything, so with 60% of the network, more thank 2k are being dumped each day
also their citizens are all over the world, is this article taking into account this? chinese are not only in china anymore
|
|
|
|
pereira4
Legendary
Offline
Activity: 1610
Merit: 1183
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2015, 08:36:00 PM |
|
if this is the case, china has no reason to hold bitcoin, their farms will dump everything, so with 60% of the network, more thank are being dumped each day
also their citizens are all over the world, is this article taking into account this? chinese are not only in china anymore
Yeah, tons of chinese are buying real state from other countries, sometimes funded by their governments (they give them money and tell them, go there and buy all of that). They are taking over the world, no wonder they are leaders in BTC mining. If they aren't dumb as a brick they'll not dump all of their BTC wealth tho.
|
|
|
|
Possum577
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2015, 08:38:00 PM |
|
Likely sooner. Good growth can have accelerating growth rates.
Asian folks are definitely hiding/stashing their wealth in Western property, in some cases they don't ever live in the property!
But, is this a bad thing? If they earn their wealth in Asia and then come to Europe or the US to spend it, is it not a good source of wealth distribution? They're bringing wealth into the countries that want/need it!
|
|
|
|
countryfree
Legendary
Offline
Activity: 3066
Merit: 1047
Your country may be your worst enemy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2015, 10:41:58 PM |
|
It's only normal since there are more people in China alone than in the EU and the US together. I've been following the car industry for many years, and it's been a while that Mercedes sells way more of its most expensive models in China than in Germany. The good thing being that many Chinese are investing abroad, though it's not so good for Londoners by example. Thousands of British people had to move to the suburbs because real estate prices have been rising fast due to Asian buyers.
|
I used to be a citizen and a taxpayer. Those days are long gone.
|
|
|
yayayo
Legendary
Offline
Activity: 1806
Merit: 1024
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2015, 11:32:17 PM |
|
It's only normal since there are more people in China alone than in the EU and the US together. I've been following the car industry for many years, and it's been a while that Mercedes sells way more of its most expensive models in China than in Germany. The good thing being that many Chinese are investing abroad, though it's not so good for Londoners by example. Thousands of British people had to move to the suburbs because real estate prices have been rising fast due to Asian buyers.
This. In my opinion Asia has just started to catch up with the EU and the US. In future I expect 80-90% of new millionaires to come from Asia. The Western societies have begun their societal and economic decline - the future growth regions are Asia and maybe South America. ya.ya.yo!
|
|
|
|
. ..1xBit.com Super Six.. | ▄█████████████▄ ████████████▀▀▀ █████████████▄ █████████▌▀████ ██████████ ▀██ ██████████▌ ▀ ████████████▄▄ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ▀██████████████ | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | . Premier League LaLiga Serie A | . Bundesliga Ligue 1 Primeira Liga | | . ..TAKE PART.. |
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2015, 11:34:48 PM |
|
Asian money will eat the world. My wee relatives are busy learning Chinese. That says plenty.
|
|
|
|
mrhelpful
Legendary
Offline
Activity: 1456
Merit: 1002
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2015, 11:36:24 PM |
|
more population then us by a lot, so I can only expect theres more millionaires.
also its more of the factory based owners who walks away with that kind of money most I think.
|
|
|
|
techgeek
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 24, 2015, 12:17:53 AM |
|
Well 62% sounds about right.
I have a friend here in california whos parents keep on buying houses in the alhambra area where most chinese are at, and I asked him what they do?
Parents own multiple factories and dealerships in asia.
|
|
|
|
dollarneed
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 24, 2015, 01:11:03 AM |
|
in here chinese is most rich and every side of the world you can find chinese people ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) and most of them have a business
|
|
|
|
Harry Hood
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 24, 2015, 04:07:20 AM |
|
It's only normal since there are more people in China alone than in the EU and the US together. I've been following the car industry for many years, and it's been a while that Mercedes sells way more of its most expensive models in China than in Germany. The good thing being that many Chinese are investing abroad, though it's not so good for Londoners by example. Thousands of British people had to move to the suburbs because real estate prices have been rising fast due to Asian buyers.
This. In my opinion Asia has just started to catch up with the EU and the US. In future I expect 80-90% of new millionaires to come from Asia. The Western societies have begun their societal and economic decline - the future growth regions are Asia and maybe South America. ya.ya.yo! Any facts or analysis to back these predictions up or is this just a hunch? % of new millionaires is only relevant if shown as % of the population, so the different size of populations can be normalized. If China has a billion people it's easy for them to have significantly more millionaires than a small country like England.
|
|
|
|
thebigtalk
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 350
Merit: 250
Bitcoin and co.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 24, 2015, 04:12:28 AM |
|
Ofcourse. Asia is one of the biggest continent. You don't expect America or Europe to have tons of millionaires in its residence. Compare Asia's hidden treasures to US economy, all hidden golds and treasures around it, the fossil fuel etc.. Think of that for starters. Now think how smart asians are. Indians are very good in formulas and algorithms and US workers always hire other races to work under them. From their brilliant minds, they'll be able to invent something that will make them rich. I don't even think 62% is the right percentage. It's way more than that.
|
|
|
|
trinaldao
Copper Member
Legendary
Offline
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 24, 2015, 04:28:19 AM |
|
Asia is big market with most population in the world, more new Big company come from asia like Oppo , HTC , also you must remember Big market in cryptocoin world in China
|
INVALID BBCODE: close of unopened tag in table (1)
|
|
|
oxiyusuf
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 24, 2015, 05:09:19 AM |
|
this is inseparable from the start conscious people in Asia, the importance of progress in life, so maybe someday asia will be superior to the west, and time will tell
|
|
|
|
|
bitcoinmar
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 24, 2015, 08:29:17 AM |
|
in here chinese is most rich and every side of the world you can find chinese people ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) and most of them have a business Not only China India is also now worlds fourth biggest economy even with some big problems India is growing very fast and solidly
|
|
|
|
ThEmporium
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 24, 2015, 10:45:12 AM |
|
No wonder, business in Asia is increasing rapidly along with the population. There are new ventures. They are now less dependent on Western countries.
Still, Asian countries dependent on the West, including China and India regards to the Consumer electronic things and other stuffs, I agree China makes cheapest electronic things, but where they will sell ?, they need western countries support to export and sell their products.
|
|
|
|
Q7
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 24, 2015, 01:28:41 PM |
|
With growing economy, there's a huge untapped market and generally those who got in early investing in startups are now already a millionaire. Business is booming and it's a matter on how they seize and grab the opportunity. My hope is that if only that group of people see bitcoin as a viable option for them to protect their wealth.
|
|
|
|
|