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Author Topic: What Country Has Most Of The Bitcoins?  (Read 6392 times)
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June 10, 2016, 05:48:59 AM
 #1

I know some might say china, but china as it houses the biggest mining farms and of course bitcoins may first go there but surely
There are some buyers from other countries that pay good money for them so china miners sell their coins, what I wanna know
Who and from what country is trading half the bitcoins in system? because who ever he/she is the same one who controls the price
Just by moving around the coins, you think it's USA? or England?

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June 10, 2016, 05:59:05 AM
 #2

I know some might say china, but china as it houses the biggest mining farms and of course bitcoins may first go there but surely
There are some buyers from other countries that pay good money for them so china miners sell their coins, what I wanna know
Who and from what country is trading half the bitcoins in system? because who ever he/she is the same one who controls the price
Just by moving around the coins, you think it's USA? or England?

When i look at localbitcoins.com 50% of the traders are from USA and 50% from all other countries.

I think most of the big bitcoin buyers are from USA and the other tier 1 countries like UK,Australia,Canada,New

Zealand, which makes sense...

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June 10, 2016, 07:36:44 AM
 #3

If Satoshi is really Craig Wright, then the answer is Australia. And the Winklevii are sitting on a lot of bitcoins (they are Americans).

Traders don't count because they buy and sell within a day, so a lot of churn.

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June 10, 2016, 07:39:29 AM
 #4

Mostly the rich countries the first world countries, and thats because people there can afford to buy bitcoin. So mostly its USA, UK, Russia and other European countries.
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June 10, 2016, 07:45:36 AM
 #5

i wonder which country has the most bitcoiners??hmmm??

                       
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June 10, 2016, 02:24:38 PM
 #6

USA for sure, in China there are only large mining farms and nothing more. In any European country currently there are not so many users.  Grin
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June 10, 2016, 04:29:55 PM
 #7

Which country is Satoshi from?  Grin
He still controls over a million coins.

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June 10, 2016, 04:31:43 PM
 #8

it's impossible to establish demographic holdings of Bitcoins, too many ways to get them and they get unreported so there's just no way to draw any statistics.

One would assume China is a top holder, but FBI must have a good chunk too from the raids on Silk Road type of shit.




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June 11, 2016, 02:06:49 AM
 #9

Well ill also count Philippines to have one of the most users of bitcoin  Grin Many users here like me use it, for loading airtime in our cellphones and some withdraw it to peso like me.  Grin
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June 11, 2016, 02:10:18 AM
 #10

I know some might say china, but china as it houses the biggest mining farms and of course bitcoins may first go there but surely
There are some buyers from other countries that pay good money for them so china miners sell their coins, what I wanna know
Who and from what country is trading half the bitcoins in system? because who ever he/she is the same one who controls the price
Just by moving around the coins, you think it's USA? or England?

I think the country that has most of the Bitcoins is USA, Second is China the rest is just a % of total bitcoin. Every time i gamble i saw lots of High rollers who are from USA. If i will checked their stats i will be able to see 100+ Bitcoin, most are profit though.
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June 11, 2016, 02:16:28 AM
 #11

Which country is Satoshi from?  Grin
He still controls over a million coins.

Satoshi is from outer space!
When he returns, you will need 10 BTC to be invited on his safe, peaceful ship.



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June 11, 2016, 02:22:21 AM
 #12

Which country is Satoshi from?  Grin
He still controls over a million coins.

Satoshi is from outer space!
When he returns, you will need 10 BTC to be invited on his safe, peaceful ship.




That is not a lot in this moment, like just 6000 $ for paradise. When you see situation like that price is stjll very cheap, seats are limited so people should hurry.

As it seems by statistic, most people there will be Americans and Chinese, and a bit from every other country.

           
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June 11, 2016, 02:27:16 AM
 #13

Probably a lot of western countries hold a lot of the Bitcoins, however for a lot of online services that act as wallets such as Coinbase or Blockchain.info, not necessarily all of the account holders are actually from those western countries. A majority of these services likely stem from western countries, and because of this western countries will likely hold a majority of the coins, but the Chinese have the bigger means of production. It all comes down to what kind of currency you want to hold, and then you can determine what your preference is form there.
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June 11, 2016, 02:30:35 AM
 #14

...
When you see situation like that price is stjll very cheap, seats are limited so people should hurry.

As it seems by statistic, most people there will be Americans and Chinese, and a bit from every other country.

Yes! "People should hurry"
Seats are very limited, when I return I will post the official deposit address for a seat on Satoshi's peaceful spaceship.  Grin
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June 11, 2016, 02:33:56 AM
 #15

yes china is the largest country that uses bitcoin. I think America into second place for bitcin. peruahaan many who care about bitcoin great to be here. bitcoin turnaround in America so much.


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June 11, 2016, 07:37:34 AM
 #16

I think its USA and China , most americans are on trading , I know some. And most of miners are in china i think , But i can estimate have the bitcoin most
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June 11, 2016, 07:45:14 AM
 #17

I would say that the USA and Europe have the most Bitcoin. But China definitely does have the biggest Bitcoin mining farms.
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June 11, 2016, 08:17:07 AM
 #18

That was very interesting to read this post and comments for me, beacuse i have no idea about your question. In my country, Russia, I didn't hear about bitcoins at all, only one of my friends told me about it maybe a year ago and he is not from Russia, but he could explain me details and different variants about makong money on bitcoins. And now cause of that i am here.
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June 11, 2016, 08:18:38 AM
 #19

I know some might say china, but china as it houses the biggest mining farms and of course bitcoins may first go there but surely
There are some buyers from other countries that pay good money for them so china miners sell their coins, what I wanna know
Who and from what country is trading half the bitcoins in system? because who ever he/she is the same one who controls the price
Just by moving around the coins, you think it's USA? or England?

I think that China has the majority of the coins, simply because they have the largest exchanges and mining farms. This is not surprising due to cheap electricity and a huge population.

USA probably comes second. I doubt there's many bitcoiners out there in England.
23dzmaz
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June 11, 2016, 08:44:51 AM
 #20

Yeah i agree with you. I think China is the most of the bitcoins user and the second i USA or 1st USA and 2nd China. In my country only some people who use bitcoins here.
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