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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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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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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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