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Author Topic: which country trade most in btc  (Read 24523 times)
Mikellev
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June 28, 2017, 05:20:25 AM
 #101

Japan, US, Canada, China and South Korea are the dominant countries now in terms of bitcoin trading volume. I think Japan is controlling 50% volume trading daily if I'm not mistaken. It only make sense that Japan will dominate because it has embraced bitcoin already. China is coming back into the frame, so I think they want to took the no. 1 spot again. And so is South Korea, seeing some of them exchangers are 100$ more premium than other exchangers.
   
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June 29, 2017, 09:01:08 AM
 #102

Upon reading, almost all bitcoin trading is done in China.
The share of the cryptocurrency that's traded via China's mainland currency escalated over the past few years, overtaking the US dollar as the dominant currency.
Those moves were made possible largely because of China.
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June 29, 2017, 02:33:19 PM
 #103

Upon reading, almost all bitcoin trading is done in China.
The share of the cryptocurrency that's traded via China's mainland currency escalated over the past few years, overtaking the US dollar as the dominant currency.
Those moves were made possible largely because of China.
yes that can be possible because they have the most bitcoin users in their country, therefore they will be trading bitcoins more that any other country, although other countries also have good number of bitcoin users and their number is also increasing from time to time, for example in my country in can observe that the number of bitcoin users are increasing too much.



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Azkabal
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June 29, 2017, 06:34:38 PM
 #104

I am looking for demographics. where btc is used most. We have just started accepting BTC
at our web hosting company that mainly sell VPS, Ded servers and Entrepreneur solution.

I am looking for some stats. please guide.

there is also many BTC farms at China, and it sure that they have very big amount of world traders. And i am not think really that only USA and Europe is the most btc traders at the world. Russian, Indonesia and etc, they all have a big part of btc traders too

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btc_angela
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June 29, 2017, 09:27:50 PM
 #105

I am looking for demographics. where btc is used most. We have just started accepting BTC
at our web hosting company that mainly sell VPS, Ded servers and Entrepreneur solution.

I am looking for some stats. please guide.

there is also many BTC farms at China, and it sure that they have very big amount of world traders. And i am not think really that only USA and Europe is the most btc traders at the world. Russian, Indonesia and etc, they all have a big part of btc traders too

I think the Asia is still leading the way in trading volumes per day. They almost have half of the volumes. Of course this is understandable because we all know that Japan has legalized it, China getting back at it and then South Korea as well. On the Western side, its USA and Canada who is leading the way.

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irwanjabryg
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July 02, 2017, 12:26:05 PM
 #106

I think China is the biggest market. They affect a lot to world bitcoin market.
No doubt, China has always been the biggest rival for America and Europe


I also confirm that there's no doubt in china traded a lot mostly in btc and they really had their biggest market around the digital currency economy. Without them and their biggest population in china , I think the price now will not reach that stability at $2000 and up and now fluctuates until signs of rising up to $3000. I couldn't research for more of those most countries who traded and invest with btc and I know that in philippines were now having continous learning about btc; more people is now interested to get involved.
The more Southeast Asian countries who are interested in using Bitcoin, they are neglecting their government that is still not interested in legalizing Bitcoin as a legitimate payment.
I'm sure after the Philippines will be many countries are beginning to examine the use of digital currency. Thailand is a big market. We just wait.

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Ayiranorea
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July 02, 2017, 12:35:20 PM
 #107

I think China is the biggest market. They affect a lot to world bitcoin market.
No doubt, China has always been the biggest rival for America and Europe


I also confirm that there's no doubt in china traded a lot mostly in btc and they really had their biggest market around the digital currency economy. Without them and their biggest population in china , I think the price now will not reach that stability at $2000 and up and now fluctuates until signs of rising up to $3000. I couldn't research for more of those most countries who traded and invest with btc and I know that in philippines were now having continous learning about btc; more people is now interested to get involved.
The more Southeast Asian countries who are interested in using Bitcoin, they are neglecting their government that is still not interested in legalizing Bitcoin as a legitimate payment.
I'm sure after the Philippines will be many countries are beginning to examine the use of digital currency. Thailand is a big market. We just wait.
Around the Asian nations after China, Japan and Korea I too believe that Philippines have a big market. Maybe Thailand grows further as it to has got more visitors coming from different parts of the world. Legalizing won't happen with those countries because these were in a growing level compared to Japan.



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July 02, 2017, 02:36:10 PM
 #108

The more Southeast Asian countries who are interested in using Bitcoin, they are neglecting their government that is still not interested in legalizing Bitcoin as a legitimate payment.
I'm sure after the Philippines will be many countries are beginning to examine the use of digital currency. Thailand is a big market. We just wait.
You must be right. Compared to American and European countries, these part of Asian countries are heavily keen on adopting bitcoin regardless of their government will be supporting or not.
After Japan I do hear many other south-east Asian countries also in consideration to legalise bitcoin in the favour of freeing people at least for their financial needs.














 

 

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HEWRA
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July 03, 2017, 01:45:26 AM
 #109

I think that still, currently the China is the country where the most of BTC are being trade during one day.
There is a really big demand in there, i think it might be correlated with the amount of people living in this country.

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July 03, 2017, 06:28:32 AM
 #110

I would say China but that's the obvious answer, the next is European countries as well as many South Eastern countries trying to implement Bitcoin in their business and using it.
Indonesi the next country, i hope
We have very strong activity in the field of crypto-currency names of Asian countries, they are of Europe. This is surprising when they thought that Europe is more developed on this issue. If we trace even the presence of trade exchanges, then the largest and more developed in Asia again.
No doubt Asia became the economic giant today and became a competitor to the European and American countries. Which I mean are China, Japan, and Korea. Southeast Asia still includes developing countries has always been a good market. Bitcoin will be great here.

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July 03, 2017, 11:00:11 AM
 #111

In 2017, Asia is the market have number trade and transaction with Cryptocurrency most in the world, special from country in East Asia and South East Asia as Japan, China, HongKong, Korea, Vietnam ... I not know detail reason make that, maybe by RansomCry Virus make Bitcoin popular with people and market here. The country in Asia have number trade most all is China, and India in last few months quite famous too

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irwanjabryg
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easy mine


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July 03, 2017, 01:44:34 PM
 #112

I think China is the biggest market. They affect a lot to world bitcoin market.
No doubt, China has always been the biggest rival for America and Europe


I also confirm that there's no doubt in china traded a lot mostly in btc and they really had their biggest market around the digital currency economy. Without them and their biggest population in china , I think the price now will not reach that stability at $2000 and up and now fluctuates until signs of rising up to $3000. I couldn't research for more of those most countries who traded and invest with btc and I know that in philippines were now having continous learning about btc; more people is now interested to get involved.
The more Southeast Asian countries who are interested in using Bitcoin, they are neglecting their government that is still not interested in legalizing Bitcoin as a legitimate payment.
I'm sure after the Philippines will be many countries are beginning to examine the use of digital currency. Thailand is a big market. We just wait.
Around the Asian nations after China, Japan and Korea I too believe that Philippines have a big market. Maybe Thailand grows further as it to has got more visitors coming from different parts of the world. Legalizing won't happen with those countries because these were in a growing level compared to Japan.
At least there will be more places personally who can accept Bitcoin as payment. Such as restaurants, hotels, airline tickets and others.
As in Bali there are restaurants that already receive payment with bitcoin. I'm sure many countries will be interested in Bitcoin.

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July 03, 2017, 02:09:19 PM
 #113

TRADE != USAGE

I spend lots of time in China but do not see usage of bitcoins.

I'd love to be proven otherwise for Japan Smiley

Be the person you want to coin.
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July 03, 2017, 02:28:38 PM
 #114

I am looking for demographics. where btc is used most. We have just started accepting BTC
at our web hosting company that mainly sell VPS, Ded servers and Entrepreneur solution.

I am looking for some stats. please guide.
How about China? They have one of the biggest Bitcoin farm there and they are rich, of course. Some one said that China takes a very big amount of Bitcoin so that If that's true, China can easily control the Bitcoin markets.

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July 03, 2017, 04:30:51 PM
 #115

I think China would be trading the most as majority of the coins is help with China as a total country. Also I am looking for  a site which shows where anyone who purchases or sell btc their country appears along with the btc qty purchased. If any one can provide the link will be great.

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July 03, 2017, 05:27:17 PM
 #116

I think China would be trading the most as majority of the coins is help with China as a total country. Also I am looking for  a site which shows where anyone who purchases or sell btc their country appears along with the btc qty purchased. If any one can provide the link will be great.


You can see recently Japan Government adopted bitcoin and there is huge implementation from them. Recently you can find that they have implement the insurance related bitcoin. These all give way to use the bitcoin much in this country. Therefore, you can see highest number bitcoin exchange and trading site in there.

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July 03, 2017, 06:31:25 PM
 #117

I think China would be trading the most as majority of the coins is help with China as a total country. Also I am looking for  a site which shows where anyone who purchases or sell btc their country appears along with the btc qty purchased. If any one can provide the link will be great.


I think also that China is the country that has the most transactions and trades in the bitcoin economy. And I think there is no website that is working on that thing, I haven't seen a website that recording someone's transaction on whomever is selling or buying bitcoins to their countries. Where's the anonymity on that part?



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July 03, 2017, 08:12:31 PM
 #118

There is a news that South Korea will legalized bitcoin. So I think this will push the usage and trading volume in S. Korea. So it will still the Asian as Japan and now South Korea adopting it. China has been always there as well. Again this big 3 Asian country will pretty much cover half of the trading volumes per day. I don't know about Philippines though, but I'm sure there are many traders in there as well because it has been regulated in that country. Asian dominance.

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July 03, 2017, 08:48:15 PM
 #119

I think China would be trading the most as majority of the coins is help with China as a total country. Also I am looking for  a site which shows where anyone who purchases or sell btc their country appears along with the btc qty purchased. If any one can provide the link will be great.


I think also that China is the country that has the most transactions and trades in the bitcoin economy. And I think there is no website that is working on that thing, I haven't seen a website that recording someone's transaction on whomever is selling or buying bitcoins to their countries. Where's the anonymity on that part?

Regarding that anonymity I guess that if there's a record of every transactions of actual buying and selling of bitcoin in every country, privacy and the so called anonymity is not applicable at this time; because it hasn't been a confidential thing if that will happen and for me it's not a good idea. Knowing that China is the country that's probably has the highest transactions on trades of bitcoin economy, there's no need for another third party to record that activities; because it might lead to a leak of a private informations of different traders wallet and loss of funds is possible due to hackers.

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July 03, 2017, 11:36:34 PM
 #120

There is a news that South Korea will legalized bitcoin. So I think this will push the usage and trading volume in S. Korea. So it will still the Asian as Japan and now South Korea adopting it. China has been always there as well. Again this big 3 Asian country will pretty much cover half of the trading volumes per day. I don't know about Philippines though, but I'm sure there are many traders in there as well because it has been regulated in that country. Asian dominance.

It's not official yet. if you read the articles it says reportedly preparing to legalize bitcoin. there are too many articles with misleading titles saying that a certain country will adopt

this coin e.g. australia. for now china and usa are the two guesses of mine but i'm afraid Japan will reign in the future because they already legalized it there and many and still

counting businesses are and will be accepting bitcoin there. if you're talking about continent, my guess is definitely asia. China+Japan+S.Korea, there is a huge trading volume in

these countries

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