wintermeasures
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June 11, 2016, 11:33:08 AM |
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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 will answer the china of course, even though their countries prohibit bitcoin but bitcoin volume outstanding i think most from china. You can check from this site http://fiatleak.com/
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Pab
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June 11, 2016, 12:09:28 PM |
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Ha ha ha Papua New Gwinea,China for sure,thay are dominating mining and trading but now with higher price mining companys from diffrent countries have more chance
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pearl11
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June 11, 2016, 12:20:58 PM |
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Definitely china, home of the creator of bitcoin!! They are also the manipulators of bitcoin price..
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X-ray
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June 11, 2016, 12:47:07 PM |
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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. even USA prohibit online gambling? i wonder why those people whose saying comes from USA would be that easy to reveal where they're comes from when it could possibly brought them to a problem
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Qunenin
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June 11, 2016, 01:32:28 PM |
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Ha ha ha Papua New Gwinea,China for sure,thay are dominating mining and trading but now with higher price mining companys from diffrent countries have more chance
I think China has the biggest share of bitcoins. You can visit the Chinese exchanges and feel the difference. Currently Chinese are also purchasing Bitcoins (apart from mining) which is causing this serious increase in the price of bitcoins. I strongly feel china has greater share of bitcoins among all the countries using bitcoins.
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rababo
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June 11, 2016, 03:41:02 PM |
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Mostly people will answer it's China, because China has the biggest Bitcoin market. And there're a lot of miners in China.
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HilbillyFred
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June 11, 2016, 05:05:30 PM |
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Countries are trying to adjust their budget to the new era,the thing is will they be ready to control the financial problems,Greece,Italy,Spain,Portugal ,these and more others countries are being supported by euro.
One thing is sure if the governments don't control their wages we will see a deep crisis and yes bitcoin will reach amazing numbers ,since people will try to save their savings before goverments frozen their accounts has had already happened before.
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Hazir
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June 11, 2016, 05:17:41 PM |
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Well, as common belief goes - people think that China is the number 1 country. With Chinese exchanges volume being the highest. However it is really hard to conduct precise research about number of coins stored by individuals, for example we have no idea how to classify Satoshi's Stash.
I lean toward idea that it is totally unimportant for general bitcoin crowd to know which country has the most Bitcoins.
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socks435
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Privacy is always important
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June 11, 2016, 05:39:49 PM |
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Yeah your right that china is the largest mining farm.. and you mean there's the other people that holding much bitcoin.. or what country? I think one of the country that i know is brazil because 150 stores are accepting bitcoin maybe more traders in brazil holding bitcoin.. this is just my thoughts but maybe..
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Solving blocks can't be solved without my rigs.
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universe_
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June 11, 2016, 05:53:39 PM |
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most probably china might have the most bitcoins because of the amount of miners that are there though thats my wild guess only
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MingLee
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June 11, 2016, 05:55:07 PM |
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Yeah your right that china is the largest mining farm.. and you mean there's the other people that holding much bitcoin.. or what country? I think one of the country that i know is brazil because 150 stores are accepting bitcoin maybe more traders in brazil holding bitcoin.. this is just my thoughts but maybe..
I don't want to be rude, but just because there are a lot of places that accept Bitcoin in a location doesn't mean they own a lot of the Bitcoin themselves. A large majority of the Bitcoins reside with the wealthy traders, who come from a variety of countries, but primarily reside in western countries in Europe or the US, or China.
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zeaderza
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June 11, 2016, 06:21:50 PM |
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China have more than 50% of bitcoin.Also in China is best ASIC manufacturers. Always when is a pump and dump is from China.
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0day
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June 11, 2016, 08:37:00 PM |
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I will answer, USA or Russia, as these both countries are the more wealthy and their people are also wealthy and I have noticed a lot of traders involved in bitcoin from these two countries, so these both countries has more bitcoin than other countries.
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Hire me for your campaign management
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Shinpako09
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June 12, 2016, 05:02:48 AM |
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Well ill also count Philippines to have one of the most users of bitcoin Many users here like me use it, for loading airtime in our cellphones and some withdraw it to peso like me. No i dont think so, were still few its just like were a lot of btc user because of the alt account of other Filipino. Its just we are all active so its look like that.
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MWesterweele
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June 12, 2016, 05:48:00 AM |
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Well i think for me its china or russia.But we know bitcoins is banned now on russia maybe because of terrorist and druglords abusing its features.I think in china because there is Satosh Nakamoto the owner and head dev of bitcoin.Bitcoin is well known in china.
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hermanhs09
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June 12, 2016, 08:57:55 AM |
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Well, as common belief goes - people think that China is the number 1 country. With Chinese exchanges volume being the highest. However it is really hard to conduct precise research about number of coins stored by individuals, for example we have no idea how to classify Satoshi's Stash.
I lean toward idea that it is totally unimportant for general bitcoin crowd to know which country has the most Bitcoins.
Indeed. China is full of whales which affect the bitcoin price a lot. There are also a lot of miners in China who profit off free or cheap electricity. I guess USA would be the largest bitcoin user in terms of amount of users though. But China definitely holds the most bitcoins.
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Viyamore
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June 12, 2016, 09:12:45 AM |
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Well, as common belief goes - people think that China is the number 1 country. With Chinese exchanges volume being the highest. However it is really hard to conduct precise research about number of coins stored by individuals, for example we have no idea how to classify Satoshi's Stash.
I lean toward idea that it is totally unimportant for general bitcoin crowd to know which country has the most Bitcoins.
Indeed. China is full of whales which affect the bitcoin price a lot. There are also a lot of miners in China who profit off free or cheap electricity. I guess USA would be the largest bitcoin user in terms of amount of users though. But China definitely holds the most bitcoins. Yeah i agree ,china is the most possible holders of bitcoins. But in some research like on the internet it says most of the bitcoin users are Russians they are addicted to it.
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ImHash (OP)
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June 12, 2016, 02:32:25 PM |
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What I wanted to know is if the governments are holding and trading the large amounts of bitcoin or ordinary people, because with This difficulty for mining I doubt people like you and me be able to have a saying in crypto world any more, wouldn't you agree?
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Betwrong
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I stand with Ukraine.
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June 12, 2016, 02:38:18 PM |
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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.
Same here where I live. Most people never heard about Bitcoin still. I know it looks like China has the most of them but I think that USA actually has more. They don't mine them much because of the electricty prices there but they are buying them a lot that's for sure.
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bit1
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June 12, 2016, 04:49:01 PM |
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What I wanted to know is if the governments are holding and trading the large amounts of bitcoin or ordinary people, because with This difficulty for mining I doubt people like you and me be able to have a saying in crypto world any more, wouldn't you agree?
Yes, I think that some ordinary peoples and big corporations mainly. Mining will increasingly narrow and centralized.
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