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Author Topic: which country trade most in btc  (Read 28485 times)
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July 19, 2017, 02:56:48 AM
 #141

US, Europe and China are on the top I guess as more people are aware about bitcoins in those countries where as some Asian countries have started to get into bitcoins now and hopefully in near future we will see many more countries adopting bitcoins.

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July 19, 2017, 08:52:30 AM
 #142

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.

This sounds really interesting to know. I think this should be converted into a poll. Perhaps the people here in bitcointalk could just be asked of their nationality.

I think there are more Europeans who are into BTC than Chinese. But since you are asking about a country, the Chinese might be the leading one. BTC is known in China and the population is enormous. However, I think there is no hard data that really determines how much BTC is traded where.

I also wanna know the real facts.

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July 19, 2017, 04:03:06 PM
 #143

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.

This sounds really interesting to know. I think this should be converted into a poll. Perhaps the people here in bitcointalk could just be asked of their nationality.

I think there are more Europeans who are into BTC than Chinese. But since you are asking about a country, the Chinese might be the leading one. BTC is known in China and the population is enormous. However, I think there is no hard data that really determines how much BTC is traded where.

I also wanna know the real facts.

Most btc traded means volume so it is either Japan or China and then followed by Korea, Europe and the US. Just this month Australia officially accepting bitcoin might also make it at top 10. The last time I checked 1 or 2 months ago it was Japan mainly because of the Chinese government imposing uncertain rules that time.

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July 19, 2017, 08:16:31 PM
 #144

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.

This sounds really interesting to know. I think this should be converted into a poll. Perhaps the people here in bitcointalk could just be asked of their nationality.

I think there are more Europeans who are into BTC than Chinese. But since you are asking about a country, the Chinese might be the leading one. BTC is known in China and the population is enormous. However, I think there is no hard data that really determines how much BTC is traded where.

I also wanna know the real facts.

Most btc traded means volume so it is either Japan or China and then followed by Korea, Europe and the US. Just this month Australia officially accepting bitcoin might also make it at top 10. The last time I checked 1 or 2 months ago it was Japan mainly because of the Chinese government imposing uncertain rules that time.
But nevertheless it is in China, with the support of the government, to work with the crypto currency without any restrictions. As far as we know, the Chinese government always makes concessions where it is possible to earn good money. Although Japan is very active, too, it begins to act and even tries to create its own crypto currency.]

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July 19, 2017, 11:17:57 PM
 #145

Most probably Russia is the leader country to use bitcoin moreover China , USA, Philippine are so used to bitcion

Really Russia? I'm guessing that the country that has trading most in bitcoin before is China but now most of the Chinese are into litecoins. And I guess the next leading is USA or some European countries. My third pick mostly is in India and other Southeast Asian countries like Philippines and Japan.
The countries in asia are at the forefront, countries like Japan, south korea and india have started a new era of bitcoin. Their state governments provide places and regulations for bitcoin. So the development in the country is very good. So some people in big countries like the united states and russia will feel envy with the regulations applied by the countries in asia today.

Japan is sure one of the fast phasing countries that are being engaged to bitcoin recently. And I'm amazed on how the citizen reacted when the government started to adopt bitcoin. Asia is one of the biggest contributor in the market of bitcoin.

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July 20, 2017, 05:36:02 PM
 #146

As far as heard, it is China who trades the most as they hold majority of the coins in the world.  If some one can share the approx % of  country wise would be great so that it will provide better idea and prospect to everyone. Also if there is any website where we can see trade happening country wise will be great.


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July 20, 2017, 08:40:38 PM
 #147

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.

Off-course US then UAE  Wink  in UAE many Foreigner are their and mostly they knows about bitcoin since the 2011 i was one of them

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July 22, 2017, 07:10:35 AM
 #148

Well, It greatly depends.

Usually China will be the greatest miner for bitcoins, while the USA is the greatest trader (I think). However, Russia is trailing close behind. If you want to sell a VPS, you would want to be targeting these 3 countries. However, we should be able to see many other countries trail close behind as governments start to implement bitcoin as an official payment method.
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July 22, 2017, 07:46:40 AM
 #149

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.

Well, the top would be China, USA, Russia and maybe Australia and Japan after that. I'll explain why:

China
China has one of the world's cheapest electricity and that means Bitcoin mining is super profitable there. Also, China has had a restriction on money and they are looking for freedom to spend, one of the reasons why they like Bitcoin.

USA
The USA leads the world in a lot of things and it is no surprise they are big Bitcoin traders.

Russia
Can't really explain this one, Sad

Australia and Japan
They were both fast to acknowledge Bitcoin and have reduced taxes related to Bitcoin.
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July 22, 2017, 09:54:08 AM
 #150

As one of the user above stated, China holds majority of users of digital assets. When it comes to investment US people leads the track and Russia haven't gained larger support, but it has made plans of implementing the blockchain technology for their financial framework. Japan and Australia are the one who are in the race to lead other countries within few years due to the regulated use of bitcoin.

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July 22, 2017, 10:16:36 AM
 #151

Chinesee and US as I think. Many Europe countries trade a lot too.

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July 23, 2017, 08:24:13 AM
 #152

Probably China. They are the biggest player of bitcoin for many years. I think they are also the biggest bitcoin miner as far i know. The next i think US but there are problems regarding on the legalization of bitcoin there. Maybe Japan can surpass US or even China due to massive adoption of bitcoin there. Many establishments there are now accepting bitcoin. Bitcoin growth there is phenomenal.

I also think so, that China is the biggest trader of Bitcoin. But I also heard some about China that it's Govt. were planning to stop bitcoin transaction because of some features of bitcoin that is unfavourable to every Govt. in every economy.
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July 23, 2017, 01:56:15 PM
 #153

USA and China are the biggest ones!

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July 25, 2017, 08:43:42 AM
 #154



Its really impossible to say which actual counrty trade most in btc. Now, in world most of the country trade in btc. Among all country, United States , Canada, Australia, United Kingdom,Japan, China are to trade btc. But,  I think china is the best to trade btc. Because they are the biggest player of many years.

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July 28, 2017, 05:16:26 PM
 #155

this is just an assumption for me...
I think since Chine is the largest populous country and Bitcoin is popular here, so we can say that China is the highest using Country. after China, I would like to take the name of United states. it is also hugely popular here, and many sectors are accepting Bitcoin as a payment tool.

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peter0425
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July 28, 2017, 08:07:14 PM
 #156

this is just an assumption for me...
I think since Chine is the largest populous country and Bitcoin is popular here, so we can say that China is the highest using Country. after China, I would like to take the name of United states. it is also hugely popular here, and many sectors are accepting Bitcoin as a payment tool.


Still for me, China, Japan, US and South Korea (not in particular order) are the country that trade the most in bitcoin. Its very obvious that this country because they are all over the news regarding bitcoin. I'm hoping that there should be at least another country that will legalized bitcoin. There are growing number of country which we still don't know what's their official stance about it. I hope that Europe will have at least a country in the top trading as well. Because most of them are still not decided, and some are anti-bitcoin.

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duyduc256
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July 29, 2017, 05:01:36 AM
 #157

this is just an assumption for me...
I think since Chine is the largest populous country and Bitcoin is popular here, so we can say that China is the highest using Country. after China, I would like to take the name of United states. it is also hugely popular here, and many sectors are accepting Bitcoin as a payment tool.

I agree with you, China acts as a pioneer in Bitcoin and makes Bitcoin prices rise rapidly. I think if Bitcoin is supported by all Chinese people then Bitcoin will hit a new peak


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player514
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July 29, 2017, 05:08:47 AM
 #158

USA and China are the biggest ones!

I feel like the US has been lagging behind for a while but only recently has started to pick up on the Bitcoin craze/traction. At least China has had large mining farms since the earlier stages of Bitcoin and has continued to support the currency.

kynaz
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July 29, 2017, 11:33:15 AM
 #159

this is just an assumption for me...
I think since Chine is the largest populous country and Bitcoin is popular here, so we can say that China is the highest using Country. after China, I would like to take the name of United states. it is also hugely popular here, and many sectors are accepting Bitcoin as a payment tool.

I agree with you, China acts as a pioneer in Bitcoin and makes Bitcoin prices rise rapidly. I think if Bitcoin is supported by all Chinese people then Bitcoin will hit a new peak
I am sure for you market China is the most potential market in the world because here appear a lot of big investors. I think if China has a Bitcoin bank then Bitcoin will definitely have a very high price


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peter0425
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July 29, 2017, 03:38:52 PM
 #160

USA and China are the biggest ones!

I feel like the US has been lagging behind for a while but only recently has started to pick up on the Bitcoin craze/traction. At least China has had large mining farms since the earlier stages of Bitcoin and has continued to support the currency.

I think its still in the top 5 though. But if you combined the big 3 Asian tiger (China, Japan and South Korea) it will dwarf the amount of trading volumes that US has formed. Only US and Canada for Western hemisphere, but still not enough to offset the Asia trading volumes. That's why I'm calling some UE countries to be involved as well. So that we are going to balanced everything, Asia, North America and UE countries.

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