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Author Topic: which country trade most in btc  (Read 28504 times)
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October 12, 2017, 01:51:17 AM
 #321

Most of the countries belong to Europe, and, for the most part, they are Scandinavian. Countries where the digital currency has had such deep penetration that the purchase of residences, cars, food or services through bitcoins is common. In these countries as the united kingdom, denmark, sweden, finland, netherlands, etc. owners of virtual currency can feel more at ease and perform more varied and less difficult virtual operations.


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October 12, 2017, 04:23:06 AM
 #322

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.

In my personal view, in my list Usd and china has a great roll in it, but i give you a link  https://www.cryptocompare.com/coins/btc/analysis/USD then you see that JPY is the most super in trade. This graphics help you to understand it, which country is doing trade with coins. But i see bitcoin and other coins are common in usd, Eur, china and jpy but in Asian countries are not doing mostly trade with crypto currencies.
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October 12, 2017, 04:42:25 AM
 #323

which I know is the country with the most bitcoin trade is china country, but after there ICO ban there until sekrang I do not yet know the country most traded bitcoin

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October 12, 2017, 05:12:02 AM
 #324

Before september, it was china who used to trade bitcoins most dominantly in  the sense of cryptocurrency economy.
Due to the recent ban of china government on exchanges,now this trade dominance moved from china to japan.
Japan has legally embraced bitcoin and i think japan is currently trading in high volume.

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October 12, 2017, 05:39:47 AM
 #325

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.

i think usa, usa is the best trade most in btc. usa very updated country in the world they have to follow technology regularly so they have to do good trading in btc. next place china. china one of the popular country in the world.next Philippians also best trading country.
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October 12, 2017, 08:37:16 AM
 #326

I wonder when will Philippines be part of this demographics  Cheesy hope someone will develop a good alt coin for our country
There are likely chances of this thing to happen. The country which is trading the most in the world of bitcoin is Japan. There are so many traders and investors of bitcoin who belongs to Japan. Their number is much more than any other country. I am very much sure that soon the government of Japan will take constructive steps in order to promote usage of bitcoin.





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October 12, 2017, 11:18:55 AM
 #327

For me China, bitcoin in china is very popular and lot of people there using bitcoin. They are more advance than other country.
I haven't seen anyone who accepts BTC on Aliexpress and even with my supplier neglected to accept BTC few months back. I don't think Bitcoin is popular in China and now they banned totally.

Bitcoin in China is not prohibited. It's just that the Chinese government is too wary of bitcoins now. It seems to me that despite all prohibitions, China remains the leader in the trade and production of bitcoin

It sure seems that China is the leader still. I wonder why Russia isn't on any of these lists. It would seem to me that with the bitcoin ATMs they have had installed along with all the buzz about Russia and cryptocurrency that they would be one of the leaders.



I did not see any interest in European countries from Bitcoin. Asian countries are making an unbalanced policy, but I still expect the greatest support from Asian countries.



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October 12, 2017, 11:45:47 AM
 #328

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.

USD is the largest currency by volume who trades against the Bitcoin.
So I would assume that the United States is the country where Bitcoin is most being traded.

But don't forget about altcoins trades, as South Korea is very strong at the altcoins scene, and they have huge volumes on such currencies as Ethereuem and Ripple.
The only way you can determine who uses bitcoin more, is by checking up the trading volume.

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October 12, 2017, 11:51:31 AM
 #329

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.
Now that would be China. Which is why a lot of bitcoin users/holders panicked when China threatened to ban all ICO’s in their country last month...

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October 12, 2017, 08:05:18 PM
 #330

which I know is the country with the most bitcoin trade is china country, but after there ICO ban there until sekrang I do not yet know the country most traded bitcoin
China was amongst the leading countries before this ban which were having maximum number of traders in the market. Now a days, the countries which are having the maximum number of traders in the world of bitcoin are Japan and France. It is very much possible that soon either of these countries declare this bitcoin as legal or might be their official currency as well.

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October 13, 2017, 11:45:51 AM
 #331

I dont know yet...but i read sometimes in the news that china band bitcoin...the reason is i dont know

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October 13, 2017, 01:55:20 PM
 #332

before chinese rule about bitcoin, china dominates in the market, but china is not the strongest anymore, i think the most dominant one is the japanese country, and the country has adopted it as payment system, there are so many people who use bitcoin as a trade or inveatasi, so it looks like where the development of bitcoin in the country and its enthusiasts are very much, especially there many shops or restaurants and hotels that receive payment by using bitcoin, it makes bitcoin more known in the country

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October 13, 2017, 04:39:45 PM
 #333

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.

USD is the largest currency by volume who trades against the Bitcoin.
So I would assume that the United States is the country where Bitcoin is most being traded.

But don't forget about altcoins trades, as South Korea is very strong at the altcoins scene, and they have huge volumes on such currencies as Ethereuem and Ripple.
The only way you can determine who uses bitcoin more, is by checking up the trading volume.


As at this moment, that is wrong. By currency, anyway, JPY has the largest share of about 57% in the market right now with USD about 25% and that is for BTC market. You can check this link if you doubt me. https://www.cryptocompare.com/coins/btc/analysis/USD

However, we cannot just assume which country trades bitcoin the most with this data as I can decide to trade bitcoin with USD even though I am not in the US. Also, so many Chinese traders as I heard, moved to JPY market due to the little shut down of exchanges in their country which to me sounds reasonable as a move for any trader in China.

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October 13, 2017, 06:26:07 PM
 #334

According to my knowledge it previously was China had the highest bitcoin trade volume, but as of now banning of ICO's in China doesn't keep China above in the list maybe now it is the USA or Japan.
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October 13, 2017, 07:33:56 PM
 #335

According to my knowledge it previously was China had the highest bitcoin trade volume, but as of now banning of ICO's in China doesn't keep China above in the list maybe now it is the USA or Japan.
The fact is that the Chinese government has made some adjustments with regard to the crypto currency and users in China. Therefore, I do not doubt very much that China still holds the leadership in Bitcoin trade.


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October 14, 2017, 10:09:51 AM
 #336

China of course. They have everything mostly in the world.
raven7886
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October 14, 2017, 12:06:50 PM
 #337

Many countries tread in btc.
Most country using Bitcoin are
China
United States
Sweden
South Korea
South africa
Canada
United Kingdom
Australia
And also other countries.

That are you smoking lately dude? Please stop it. China is no longer the powerful house as its used to be. I haven't seen Japan in your list. Where the hell did you get this?

There is no doubt that Japan is leading the way then US and South Korea. You can check it out in marketcap 24 Hour Volume Rankings (Currency). Yen, USD, Korean Won has the most volumes. Don't be shock by the sheer volumes these 3 countries. They are really very much active specially Japan who this year have legalized it already. And that's volumes will increase as more Japan exchanges are soon to be opened. And more stores globally will accept bitcoin as mode of payment.
He might just have been off the news for a while Grin probably he didn’t know what has been going on. China lost their position when they thought they were playing a fast one on bitcoin and the community and someone was willing and ready to take over without wasting time.

The legalization by Japan really caused a whole lot of inflow from their side but I won't be surprised it China will come back hugely taking the same turn soon.

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whaawh
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October 14, 2017, 06:28:15 PM
 #338

Many countries tread in btc.
Most country using Bitcoin are
China
United States
Sweden
South Korea
South africa
Canada
United Kingdom
Australia
And also other countries.

That are you smoking lately dude? Please stop it. China is no longer the powerful house as its used to be. I haven't seen Japan in your list. Where the hell did you get this?

There is no doubt that Japan is leading the way then US and South Korea. You can check it out in marketcap 24 Hour Volume Rankings (Currency). Yen, USD, Korean Won has the most volumes. Don't be shock by the sheer volumes these 3 countries. They are really very much active specially Japan who this year have legalized it already. And that's volumes will increase as more Japan exchanges are soon to be opened. And more stores globally will accept bitcoin as mode of payment.
He might just have been off the news for a while Grin probably he didn’t know what has been going on. China lost their position when they thought they were playing a fast one on bitcoin and the community and someone was willing and ready to take over without wasting time.

The legalization by Japan really caused a whole lot of inflow from their side but I won't be surprised it China will come back hugely taking the same turn soon.
To be honest, I also think that I'm on it today, they occupy a very big position in the trade in crypto currency. For a long time, we have predicted that Japan can generally take on itself the obligations of China, for controlling imany on coins. So Japan can be one of the leading countries in the world of crypto currency.

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October 14, 2017, 08:36:24 PM
 #339

Is China still selling bitcoin? It seems to me that the government of this mill forbade trade a month ago. This means that now the leader is Japan. This country does not sing the crypto currency and this is a very wise act

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October 14, 2017, 11:39:01 PM
 #340

Many countries tread in btc.
Most country using Bitcoin are
China
United States
Sweden
South Korea
South africa
Canada
United Kingdom
Australia
And also other countries.

That are you smoking lately dude? Please stop it. China is no longer the powerful house as its used to be. I haven't seen Japan in your list. Where the hell did you get this?

There is no doubt that Japan is leading the way then US and South Korea. You can check it out in marketcap 24 Hour Volume Rankings (Currency). Yen, USD, Korean Won has the most volumes. Don't be shock by the sheer volumes these 3 countries. They are really very much active specially Japan who this year have legalized it already. And that's volumes will increase as more Japan exchanges are soon to be opened. And more stores globally will accept bitcoin as mode of payment.
I agreed that Japan was taking over the responsibility of China as traders, but I was not yet sure if the Chinese country were closed their nation in terms of trading. Because until now some people over there were still continues trading. Therefore only ICO's in China was banned not all transactions in crypto currency.
In addition, Russia one of the most large country in the whole world was already joined forces in digital currency. Who knows if someday they were invested to trading community, I think it's give big impact to price of all crypto in the world world.
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