Curious8 (OP)
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November 18, 2015, 10:01:29 PM |
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Top 5 countries that bitcoin is known and successful ?
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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Pattart
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November 18, 2015, 10:29:04 PM |
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The US is definitely near the top of that list.
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yenxz
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November 18, 2015, 10:36:14 PM |
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US,Brazil and Japan..but i think US is first
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connexus
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November 18, 2015, 10:36:48 PM |
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China should be on that list too.
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AtheistAKASaneBrain
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November 18, 2015, 11:20:48 PM |
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China is mostly mining. I think actual usage.. im not sure. Probably Argentina, where their local currency is going down the shiter and people are finding in Bitcoin a good way to stay away from the goverment. This will go worldwide as fiats starts crumbling one after another.
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librty
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November 18, 2015, 11:24:16 PM |
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The us in china mostly. China because of the mining that is taking place over there...
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DooMAD
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November 18, 2015, 11:37:41 PM |
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The charts showcased here certainly show some interesting trends. Some places are either steadily or rapidly increasing in volume, while others remain reasonably constant. Although in fairness, they're only going by LocalBitcoins volume, so it may vary if centralised exchanges are more popular in some regions (I'm assuming places like Japan, as their graph doesn't seem to follow the general trends).
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LuckyYOU
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November 19, 2015, 09:58:41 AM |
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My guess is China, US and India
Other than that I wouldn't know where bitcoin has the most success
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1Referee
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November 19, 2015, 10:02:09 AM |
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My guess is the US. But don't forget European countries As Germany and the Netherlands. Not many people expect these 2 countries to be that active when it comes to Bitcoin usage, but it's a reality.
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Epicnicity
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November 19, 2015, 10:11:36 AM |
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My guess is the US. But don't forget European countries As Germany and the Netherlands. Not many people expect these 2 countries to be that active when it comes to Bitcoin usage, but it's a reality.
They do, but do you think it's as succesfull as it is in China and the US?
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Small
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November 19, 2015, 11:36:36 AM |
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My guess is the US. But don't forget European countries As Germany and the Netherlands. Not many people expect these 2 countries to be that active when it comes to Bitcoin usage, but it's a reality.
They do, but do you think it's as succesfull as it is in China and the US? US has many merchants and services based there with clear regulations laid out. Hence, it would be considered quite successful. For China, they do restrict Bitcoin to some extent but it is still quite successful with the volumes and the mining operations although big merchants stopped accepting it.
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Amph
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November 19, 2015, 11:46:51 AM |
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lol i didn't know that italy was in top 10, well there should be more european country with the recent vat free news, it's strange that there are so few they really do not have interest in bitcoin no matter what
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TTMNewsMJ
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November 19, 2015, 12:07:58 PM |
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The most success country is US. As we can see, there's a lot of foreigners that very familiar about bitcoin. I think in the future bitcoin will also become well known with the other countries.
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maokoto
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November 19, 2015, 12:26:22 PM |
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China and USA are the most successful in my view. I really have not seen any stats on that, but that is the impression I get by reading forums and using Bitcoin services (which are mostly from these two countries)
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Mickeyb
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November 19, 2015, 12:57:45 PM |
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China and USA are the most successful in my view. I really have not seen any stats on that, but that is the impression I get by reading forums and using Bitcoin services (which are mostly from these two countries)
I think that they are, but these are also two huge countries. I think if we would look at the success by the number of people living in one country then the Isle of Man and the Netherlands would be absolute winners in my opinion!
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richardsNY
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November 19, 2015, 01:18:54 PM |
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It's not really a surprise to see Isle Of Man being placed as nr 1. They don't bother people and companies with useless policies that don't make sense at all. I am somewhat surprised that Slovenia is ranked as nr 2. I barely hear anything about Slovenia regarding Bitcoin.
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USB-S
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November 19, 2015, 01:20:26 PM |
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What about 3rd world countries? Bitcoin would allow their economy to be what it deserves. I heard that there are already ways to pay with bitcoins with SMS like MPesa. But bitcoin needs to catch up. If 3rd world countries adopt bitcoin the rest of the world will follow. My opinion is that we should leave aside developed countries, because adoption will take time there, but focus on 3rd world countries that don't have so advanced banking systems yet.
Are there any graphs showing how bitcoin is doing in these countries?
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makcik
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November 19, 2015, 02:23:22 PM |
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Bitcoin is actually can be used anywhere in any part of the world. But, still it's not used in same ratio in all places. Bitcoin is and has Been successful in technologically advanced countries such as United States and Britain and in China, Taiwan and Russia too. Its used in India too. Countries of Africa where internet is inaccessible and people have no or very little knowledge about internet, bitcoins are used very less. As these places get developed .. Bitcoin users will grow too.
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dothebeats
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November 19, 2015, 02:35:49 PM |
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Romania, US, the Netherlands, Canada, and UK are what comes to my mind when the term "bitcoin" and "countries" come into play. China, on the other hand--though a big country accepting bitcoin--couldn't be included in 'successful' because it is mainly used as an investment vehicle instead of being used to buy goods etc.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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Hellacopter
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November 19, 2015, 02:45:11 PM |
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I think the most countries where Bitcoin success is the countries which allow the payment through bitcoin and support it like USA and some European countries However i think the bitcoin will success worldwide soon
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BitMaxz
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November 19, 2015, 02:53:05 PM |
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For me here is my lists Top 6
1. North america (I think north america is the most success in bitcoins..) 2. Europe 3. Asia/Rusia (china or japan that where satoshi nakamoto borned " But im not sure if satoshi borned in japan or china or is just a name of group" 4. South america 5. Africa 6. Oceania
Is just my consecutive base on my reseach... But may be this following year arrangement of this top 6 will be change..
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Kprawn
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November 19, 2015, 03:03:11 PM |
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It depends on how you measure the success... Let's have a look at the VC capital invested from different countries in the last quarter. http://www.slideshare.net/CoinDesk/v3-state-of-bitcoin-and-blockchain-q3-2015?related=2 {Slide 33} The Netherlands are making huge strides here. Silicon Valley invested $489.2 m in total compared to the rest of the world $431.9 m combined. That would place the US in the top spot for me, based on VC capital investment. If you base the success on merchant accepting Bitcoin, North America and Western Europe is still on top. So there you have it... watch the slides..
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mtnsaa
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November 19, 2015, 03:11:00 PM |
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Definitely "third world" countries. For example In Brazil and Argentina is very popular due to the fluctuation of their local economies and devaluation. However as other have said, Bitcoin is hardly easy to use for common people, plus obtaining it is very complicated in these countries. Localbitcoins just don't cut it for common folks.
If we really aim to make Bitcoin mainstream, it should be very easy to get and set up, just as buying groceries with cash or credit or online shopping. Trust me it's not as easy outside some countries like US or Europe. Think about how Bitcoin could overtake all Western Union/Money Gram/Paypal niche.
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USB-S
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November 19, 2015, 03:18:16 PM |
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What about 3rd world countries? Bitcoin would allow their economy to be what it deserves. I heard that there are already ways to pay with bitcoins with SMS like MPesa. But bitcoin needs to catch up. If 3rd world countries adopt bitcoin the rest of the world will follow. My opinion is that we should leave aside developed countries, because adoption will take time there, but focus on 3rd world countries that don't have so advanced banking systems yet.
Are there any graphs showing how bitcoin is doing in these countries?
But in 3rd world countries people have less access to computers and similar stuff, less knowledge about it and less interest in learning about it. Contrary to your opinion, I think bitcoin massive adoption will follow the usual path: From big 1st world countries to its 3rd world neighbors/trade partners and then to the whole world. Technology will gradually get cheaper as time goes on. People from Kenya already are using mobile payments to each other called MPesa. Before you even know it they will learn about far superior products like bitcoin. That is not hyperinflationary like their local currency. However I would still give them atleast 5 years to catch up with smartphones.
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newcoins1978
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November 19, 2015, 04:08:43 PM |
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Interesting I didn't know it was that succesful in Isle of man nor slovenia Thanks for linking me
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leex1528
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November 19, 2015, 04:19:31 PM |
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I am guessing USA is the number one user of Bitcoin. I am not 100% sure but with all the companies that have spun up in the states regarding this it seems likely it is number one.
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bearex
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November 19, 2015, 05:39:58 PM |
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Hahaha Slovenia is number 2 To be honest, there arent many bitcoin stores in here.
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Snorek
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November 19, 2015, 07:36:15 PM |
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Hahaha Slovenia is number 2 To be honest, there arent many bitcoin stores in here. It not about number of bitcoin stores apparently. After all Isle of Man is a nation with population of less than 100.000 people. I guess this ranking is about the adoption rate or total bitcoin awareness of society.
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Blawpaw
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November 19, 2015, 07:41:18 PM |
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I guess we can say the top countries 4 bitcoin are EUA, Canada, China, Netherlands, Germany and we probably should add two more: U.K. and Australia
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nejibens
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November 19, 2015, 09:50:51 PM |
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I think Bitcoin is more successful in the North America and in the European countries
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Raimonn
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November 19, 2015, 10:14:46 PM |
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The big countries have more shops that accept bitcoin, EUA, Canada, China, England. But there are countries were people have more knowlegements about bitcoin like Netherlands, Singapore.
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countryfree
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November 19, 2015, 11:13:58 PM |
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It's a difficult question as there are many answers. What are you looking for, the country which has the largest number of miners? The largest number of BTC holders? The country whose inhabitants collectively own more BTC than any other? The country with the highest number of shops accepting BTC? ...
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I used to be a citizen and a taxpayer. Those days are long gone.
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jaberwock
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November 19, 2015, 11:49:43 PM |
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See where most of stores that accept BTC and/or where most nodes are.
I think west Europe and USA, of course. Just a guess:
USA, Netherlands, Germany, Denmark, China
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Harmonica
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November 20, 2015, 01:33:19 AM |
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It is weird to see a lot of people saying Canada. Although this answer is correct in terms of bitcoin use worldwide, it truly isn't a success anywhere at this point.
For years people have been waiting for mass adoption. My opinion is we are a long way from that, mostly because it won't be adopted by the masses until they are forced to use it, which will mostly happen behind the scenes. From that point mass speculation investment would get involved.
In Canada, most people have never even heard of it. Or if they have heard about it, they have no idea how it works and thinks it sounds like a scam.
This is based on my experience from living in multiple of the largest cities and travelling the country for work over the past 4+ years while I have been interested in it.
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ashly
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November 20, 2015, 04:42:23 AM |
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I think US countries cause US is tiger economy,, or fast hightech economy
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Kakmakr
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November 20, 2015, 05:33:22 AM |
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My top 3 pick would be, North America / UK and in the European countries. I also see huge potential in India and Africa, if someone can find a way to link services like BitPesa. The mobile phone distribution is huge, and it could easily be targeted for mainstream adoption as a primary payment method. Let's break the damn wall.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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faridkifly
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November 20, 2015, 10:44:39 AM |
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i think US is the best. but My country is success enough in bitcoin. I guess the next few years will exceed the current
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Cozynunu
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November 20, 2015, 11:13:09 AM |
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US is number 1 I think
After US I'm guessing Japan or China
Third probably some country in Europe
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yoona
Sr. Member
Offline
Activity: 493
Merit: 250
Live by your own rules
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November 20, 2015, 11:20:53 AM |
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So based on cointelegraph data, isle of man is number 1 the most succesfull country use bitcoin. Is them deserve to get named city of bitcoin?
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foxkyu
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November 20, 2015, 01:24:43 PM |
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Top 5 countries that bitcoin is known and successful ?
China, US, UK, Singapore, and Australia. China is the biggest market of bitcoin right now, i think it's very possible to success in there.
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