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Author Topic: which country trade most in btc  (Read 28600 times)
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August 09, 2017, 03:17:28 PM
 #181

I can say that the China is the number one. Many Chinese know about Bitcoin and there is a huge bitcoin community there. They have many Chinese exchange so that the Chinese do not need to deposit their money in international exchange like bittrex or poliniex. The volume of bitcoin in Chinese is extremely big

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August 09, 2017, 06:55:02 PM
 #182

I can say that the China is the number one. Many Chinese know about Bitcoin and there is a huge bitcoin community there. They have many Chinese exchange so that the Chinese do not need to deposit their money in international exchange like bittrex or poliniex. The volume of bitcoin in Chinese is extremely big

That's right. They only have the highest number of exchanges through out the would. Even mining community, they only occupies the higher number in that too. Apart from them US and India have the people who knew about bitcoin and exchange it for fiats.


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August 10, 2017, 02:47:53 PM
 #183

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.
Bitcoin is gaining a lot of attention. Bitcoin forums are becoming a trading forum. Some countries like Japan, United Kingdom, United States, Vietnam are invested by many young people. The electronic money market has attracted the attention of many.

Tra

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August 10, 2017, 03:02:28 PM
 #184

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.
Bitcoin is gaining a lot of attention. Bitcoin forums are becoming a trading forum. Some countries like Japan, United Kingdom, United States, Vietnam are invested by many young people. The electronic money market has attracted the attention of many.

yeah right japan's addition really make this system followed by more countries, before we only knew china,russia,india,uk and us but now countries like vietnam phil and some countries inside middle east also got knowledge about it and for sure it will adopt by more countries all over the world.

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August 10, 2017, 05:30:07 PM
 #185

If you consider the big miners are located at China, i wouldnt be surprised if they were the top trading country, Japan sould be the second one and then USA, then Europe, but this may change as the legalization becomes global.

I agree with you mate, Japan is on top of this it is because is legalize to their country already to trade bitcoin, legalization of bitcoin to one country is a big deal in terms of looking for big amount of coin, because once the coin is legal to a country many people will purchase it. Green signal by the government means more trust , means more people involvement in bitcoins.

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August 12, 2017, 06:17:34 PM
 #186

I can remember right early this year 2017, China was dominating the global Bitcoin market, with the Chinese yuan making up nearly 100% of all Bitcoin trading.
But for now, I’m not really sure. Although some people are mentioning Japan, I will still say it’s china due to their population.

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August 13, 2017, 05:56:26 AM
 #187

I can remember right early this year 2017, China was dominating the global Bitcoin market, with the Chinese yuan making up nearly 100% of all Bitcoin trading.
But for now, I’m not really sure. Although some people are mentioning Japan, I will still say it’s china due to their population.
People are mentioning Japan because Japan has legalised bitcoin in their country and I guess till this moment it is only Japan which has legalised bitcoin and accepted it as a currency. Chinese people uses bitcoin but illegally and the Chinese government is not in the favour of the bitcoin. Thought the largest number of bitcoin miners is of Chinese.
We could say that legally it is Japan using the largest number of bitcoin while illegally it is china using bitcoin at a largest.

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August 13, 2017, 06:55:01 AM
 #188

I can remember right early this year 2017, China was dominating the global Bitcoin market, with the Chinese yuan making up nearly 100% of all Bitcoin trading.
But for now, I’m not really sure. Although some people are mentioning Japan, I will still say it’s china due to their population.

Really? I'd expect some other currencies to make up a bit of the percentage of Bitcoin trading. I know the whole mining stuff and Bitcoin market is huge in China but is it truly so large that the national currency makes up 100% of trading? Are you sure these figures are still up to date and accurate?

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August 13, 2017, 07:31:23 AM
 #189

I have seen most of the bitcoin traders from USA and Japan. Bitcoin is now legalized in japan too.
Even their childs are well aware of digital currncy.
Others are following bitcoin technology too but i have almost exchanges with the traders of these two country residents on localbitcoin.

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August 13, 2017, 08:52:21 PM
 #190

last year rusia the transaction is huge the bitcoin transactions there account for 20 percent of all bitcoin transactions worldwide but united states are now ranked the most top a huge transactions bitcoin news in the united states endorsed the discovery of bitcoin proud to be an american citizen


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August 14, 2017, 04:04:20 AM
 #191

last year rusia the transaction is huge the bitcoin transactions there account for 20 percent of all bitcoin transactions worldwide but united states are now ranked the most top a huge transactions bitcoin news in the united states endorsed the discovery of bitcoin proud to be an american citizen

Is it right news? Then it mean Russia is the first country where people are doing transactions on bitcoin.
But as i have information the top-pest number of bitcoin traders is China or Japan but in trading.
But about America i am also confirm that it will be number one because of bitcoin transactions, because i see mostly American use bitcoin for transactions.   

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August 15, 2017, 03:12:42 PM
 #192

Hi, anyone can share source links of the data? I wonders what is the current situation in South East Asia territory such as Singapore, Thailand, Indonesia.
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August 16, 2017, 02:44:03 PM
 #193

In my opinion I think China is the country has biggest bitcoin exchange volume cause there are a lot of bitcoin mining factories and one of them are the biggest bitcoin mining factory in the world Smiley) And they use all of their bitcoin from mining factories to supply for trading markets.
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August 17, 2017, 08:59:55 AM
 #194

though  Chain has dominated in btc trade last year, Japan and  US  markets are  at the full swing this year.

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August 18, 2017, 12:42:13 PM
 #195

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.
Bitcoin is gaining a lot of attention. Bitcoin forums are becoming a trading forum. Some countries like Japan, United Kingdom, United States, Vietnam are invested by many young people. The electronic money market has attracted the attention of many.

yeah right japan's addition really make this system followed by more countries, before we only knew china,russia,india,uk and us but now countries like vietnam phil and some countries inside middle east also got knowledge about it and for sure it will adopt by more countries all over the world.

Did not cover the possibility that the technology or any type of trading as this will be used by most countries in the world. But indeed it requires something that can provide a level of comfort and safety for all users, because I also see that there are some people who are a little hesitant to adopt and accept its existence. One of the reasons is the level of security that is still not at the finish with any legislation.
 


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August 20, 2017, 07:58:50 PM
 #196

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.
Bitcoin is gaining a lot of attention. Bitcoin forums are becoming a trading forum. Some countries like Japan, United Kingdom, United States, Vietnam are invested by many young people. The electronic money market has attracted the attention of many.

yeah right japan's addition really make this system followed by more countries, before we only knew china,russia,india,uk and us but now countries like vietnam phil and some countries inside middle east also got knowledge about it and for sure it will adopt by more countries all over the world.

Did not cover the possibility that the technology or any type of trading as this will be used by most countries in the world. But indeed it requires something that can provide a level of comfort and safety for all users, because I also see that there are some people who are a little hesitant to adopt and accept its existence. One of the reasons is the level of security that is still not at the finish with any legislation.
 
I believe that mostly Asian countries trades with Bitcoin, for example Japan and China. Though I do see some people mention something North Korea, but I don’t believe they do, maybe few of them does, but not many. As for Japan, I know damn well that they are investing pretty much into it, and I’m sure China does. It’s also likely that there might be countries investing secretly into it.

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August 20, 2017, 08:47:58 PM
 #197

May be Asian countries are on the top and also US and Europe have maximum users of bitcoins and its also been heard that there are many physical places where you can spend your bitcoins to buy anything and that makes those countries more powerful in terms of bitcoins which is still missing in Asian countries.


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rizkyalhabsy
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August 21, 2017, 05:08:01 AM
 #198

maybe on rusia , because rusian makes alot of coins

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laurenB7742
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August 21, 2017, 12:00:03 PM
 #199

It's interesting that there are no official statistics. Has to be one of the following: South Korea (recent popularity), USA (richest country), China (biggest population), Japan (technologically most advanced country), Russia (many bitcoin farms/factories because electricity is cheap there).
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August 21, 2017, 12:48:04 PM
 #200

It's interesting that there are no official statistics. Has to be one of the following: South Korea (recent popularity), USA (richest country), China (biggest population), Japan (technologically most advanced country), Russia (many bitcoin farms/factories because electricity is cheap there).
There is no official statistic is indeed very difficult to track how the use of bitcoin. But the country you mentioned is deserved to be one of the countries that have a very high bitcoin usage rate. Especially in the country also bitcoin already very well known by the community. Bitcoin is now beginning to be used frequently for various financial transactions in everyday life. So it's time the government began to open a regulation so bitcoin can be accepted and traded with the official.

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