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Author Topic: which country trade most in btc  (Read 28485 times)
kpcian
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September 13, 2017, 10:55:28 AM
 #261

Earlier,it was US which had the most BTC trades.Then it was overthrown by china to have most BTC trades.We could easily understand that this has become possible since china has the dominant number of bitcoin mining farms and hence holding the lion's share of bitcoins.But after japan legalized bitcoin,it became the most BTC traded country pushing the US and china back.Now,south korea being a tech hub is competing with japan surprisingly in BTC trades.
I agree with you on this point. basically nowadays Chinese people are dominating in the whole sector not only Bitcoin. they are taking the lead of all the sectors day by day. in Bitcoin, they have already gained a lion's share of bitcoin and other cryptocurrencies. besides China, south Korean people also taking the role in this platform.

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September 13, 2017, 12:28:49 PM
 #262

where btc is used most.

china was number 1 but some news tell they banned use bitcoin

japan is best choose
Banning can not stop them from trading bitcoin. And there is no official news about this issue and there are still many exchange located in China. Therefore, I still think that China is the place where Bitcoin is traded most. Japanese can not compare to it because China right now is a strong country with a lot of investors

Well, although this is something that may be true I think those users who already use bitcoin will still do it. because actually bitcoin is a digital currency much better than other currencies, it's just that this may sometimes disrupt the stability of money circulation in every country. Because we can do anything without having to exchange bitcoin into money in order to do it. So, better think about how to get a lot of bitcoin without having to work too long

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September 14, 2017, 08:54:31 AM
 #263

North America is trying to raise the price of BTC back, but when Chinese people woke up back pulling the price go down. We would do if the situation continues bloodshed happen?
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September 14, 2017, 08:58:00 PM
 #264

I don't know the exact statistics but I see lots of Nigerians on Paxful and have traded with them as well.
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September 15, 2017, 01:30:47 AM
 #265

I think the US have the most trade for in btc.
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September 16, 2017, 06:55:39 PM
 #266

where btc is used most.

china was number 1 but some news tell they banned use bitcoin

japan is best choose
Banning can not stop them from trading bitcoin. And there is no official news about this issue and there are still many exchange located in China. Therefore, I still think that China is the place where Bitcoin is traded most. Japanese can not compare to it because China right now is a strong country with a lot of investors
Not just that, but the sites that offers services such trading of bitcoins might stop accepting Chinese and Koreans. I came across a post by a Chinese claiming that all we’re hearing and reading online is fake news, that never banned ICO completely and also claims he’s investing and trading on bitcoin. But I don’t believe him, lol.

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September 22, 2017, 02:07:19 AM
 #267

according to my country china, china has great power in bitcoin,every china outraged about bitcoin,bitcoin prices are directly affected,

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September 22, 2017, 09:28:16 AM
 #268

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.

It's hard to tell which country trade most in bitcoins because most of the traders use VPN and many time don't use real country in trading sites like poloniex and bitfinex.
So it's a bit complicated but I think China has most traders.

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September 23, 2017, 01:02:20 PM
 #269

It's hard to tell which country trade most in bitcoins because most of the traders use VPN and many time don't use real country in trading sites like poloniex and bitfinex.
So it's a bit complicated but I think China has most traders.

I think it is China

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September 23, 2017, 01:16:21 PM
 #270

After the rumor banned and uncertainty on China's bitcoin transactions the trade is slowly decreases. So at present time they're not the top most number of traders in Asia. I would think as Japan legalized bitcoin in they're country there is a big possibility that most of its citizens invested to it as they totally trust there government a lot.
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September 23, 2017, 07:03:41 PM
 #271

It's hard to tell which country trade most in bitcoins because most of the traders use VPN and many time don't use real country in trading sites like poloniex and bitfinex.
So it's a bit complicated but I think China has most traders.

I think it is China

China is no longer a leader in the trade in crypto currency. Japan took this position long ago. Many people do not know about this, so they continue to worry because of negative news from China

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September 24, 2017, 05:59:12 PM
 #272

It's hard to tell which country trade most in bitcoins because most of the traders use VPN and many time don't use real country in trading sites like poloniex and bitfinex.
So it's a bit complicated but I think China has most traders.

I think it is China

China is no longer a leader in the trade in crypto currency. Japan took this position long ago. Many people do not know about this, so they continue to worry because of negative news from China

When Japan made bitcoin as a legal money from that time to now bitcoin is being widely used by their country people so obviously they will better in trade and they will be at the top. Now China went to bin and really they face the big enonomical downfall because bitcoins. Let them realize they will learn in some months.

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September 24, 2017, 06:20:28 PM
 #273

After the rumor banned and uncertainty on China's bitcoin transactions the trade is slowly decreases. So at present time they're not the top most number of traders in Asia. I would think as Japan legalized bitcoin in they're country there is a big possibility that most of its citizens invested to it as they totally trust there government a lot.

However fees for the transaction has been reduced to low value in the online wallet provider sites. After China banned bitcoin there. Now India made bitcoin as legal in their country next to Japan. This is the best move from the developing country like them. However, they will tolerate man power works in bitcoins since they are the 2nd populated country.

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September 25, 2017, 08:56:27 AM
 #274

after starting regulation by China government on the Bitcoin exchange, a lot of markets capital of Bitcoin have been shifted to the Japanese people. so now, Japanese people are dominating on this platform. but in terms of trading Bitcoin, it can't be explored anyway. but it can be assumed that American people are involved in this platform. I think people from the United States are doing well in the Bitcoin trading.

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September 25, 2017, 09:12:43 AM
 #275

before the regulation of the use of bitcoin that has been made by the Chinese government may be the country of china to be the most traded bitcoin. but actually many people who do not know the most bitcoin trade that is located in two countries namely japan and south korea.

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September 25, 2017, 03:34:41 PM
 #276

I think the US have the most trade for in btc.
I read that japan has become the biggest market for Bitcoin exchange. all stores have received bitcoin. it is very unusual, after china do tires but japan take the right step.

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September 26, 2017, 10:17:51 AM
 #277

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.
If we are to use the trading by currency volume, JPY is leading, then followed by USD. However, we cannot really use this to judge the statistics of the country trading BTC mostly since I can decide to trade using USD and I am not even in the US. Except if all the exchanges wants to come together to give us a statistics by I.P, which may be close, we may not really get a tangible statistics online.
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September 26, 2017, 01:14:21 PM
 #278

At first,US had the most number of BTC trading.

Then,china pushed it second being having the majority of mining farms as an added advantage.

Now,bitcoin being legalized,Japan has become the number one country in having most BTC trades.

Now,after china taking serious actions against BTC,china would no be more be in the list in future.

South korea is also now coming to a stage of competing with japan in future.

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JollyGood
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September 26, 2017, 04:53:16 PM
 #279

Only ICOs and exchanges based in China are banned but trading otherwise has not been outlawed. Just because Japan has legalised Bitcoin trading does not mean it is the number one country for trades.

Purely a guess but it still would probably be China for me

bakunawaaa
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September 27, 2017, 01:17:21 AM
 #280

I think Japan trades the most. Because they are pushing for it to be legal tender. At the same time they have tight regulations around it.
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