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Author Topic: which country trade most in btc  (Read 28499 times)
jonatuzc
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October 25, 2017, 12:23:17 PM
 #381

China is of the biggest contributor in the market because the electricity consumption in their country has a very low price to pay and that is a huge advantage for those who is running a mining rig and they will earn a lot of profit from it.

Ofcourse china is most populated country  in the world so they maybe be the most bitcoin traders and like you said the electricity rate in china is very cheap,so they are doing most mining and trading in bitcoins.But now many countries are started to legalizing the bitcoin so many traders are started to evlove,Now i can see many people to started to work on bitcoin so soon all people in the world will get the knowledge of bitcoin.
China was no doubt the top leading currency having maximum number of investors and traders than any other country in the world of crypto currency. But since the time, china have banned the usage of bitcoin, the market of bitcoin in china has been decreased.

Now-a-days, it is Japan which is having maximum number of investors and maximum users of bitcoin. I am very much sure that soon Japan will declare bitcoin as legal.



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October 25, 2017, 03:45:16 PM
 #382

China is of the biggest contributor in the market because the electricity consumption in their country has a very low price to pay and that is a huge advantage for those who is running a mining rig and they will earn a lot of profit from it.

Ofcourse china is most populated country  in the world so they maybe be the most bitcoin traders and like you said the electricity rate in china is very cheap,so they are doing most mining and trading in bitcoins.But now many countries are started to legalizing the bitcoin so many traders are started to evlove,Now i can see many people to started to work on bitcoin so soon all people in the world will get the knowledge of bitcoin.
China was no doubt the top leading currency having maximum number of investors and traders than any other country in the world of crypto currency. But since the time, china have banned the usage of bitcoin, the market of bitcoin in china has been decreased.

Now-a-days, it is Japan which is having maximum number of investors and maximum users of bitcoin. I am very much sure that soon Japan will declare bitcoin as legal.



Japan already in the spring legalized bitcoin. Therefore, there is a very well developed crypto currency. Japan has long been a leader in trading bitcoin

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October 25, 2017, 03:48:03 PM
 #383

After the "China-ban" everybody noticed that the chinese volume wasn't thaaat big. For sure there are enough chinese guys who traded via VPN.
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October 25, 2017, 03:50:13 PM
 #384

Some people are saying China is the biggest country trade Bitcoin. I don't think that is the case anymore. Japan and South Korea might be the countries with higher volume trading Bitcoin. It is hard to say because if you look on coinmarketcap the exchange with more volume is Bitfinex but the latest reports do point to Japan and South Korea.

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October 25, 2017, 04:29:29 PM
 #385

Theres no specific graphs that can justify what country trade most but u can check it on traders record so u can have your own outlook,although some obvious point is china in which more on trading are connected with then..just my opinion anyway

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October 25, 2017, 06:19:11 PM
 #386

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.
Japan is right answer. USA is also trying to get most of the ICOs but they are not making success in it. While on the other hand if you talk about Japan then you ultimately come to know that they have most investment and trading and bitcoin shares than any other country, China was once but now they are not at number one.
It is depending on the number of bitcoin users in a country and the government behavior about bitcoin. I think in present time as Japan has accepted bitcoin as legal currency therefore i think in japan trading bitcoin will be more than any other country, but still we can expect that very soon other countries will also start using bitcoin as legal currency and hope that gradually states will continue accepting bitcoin.

I believe that china has one of the biggest contribution in the market since the electricity consumption in their country is pretty low. Bitcoin mining is a huge advantage in their place since you can earn more profit because of the low electricity bills.
Yes some countries accept the bitcoin soon and some countries are not even thinking about it, some countries are accepting the bitcoin as the legal currency and some of the countries are still not aware of the bitcoin, so it all about the popularity and the power of the bitcoin, I love the bitcoin as the easy payment in my country the reputation of the bitcoin is very good and the future of the bitcoin is bright as well.

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October 26, 2017, 02:41:08 PM
 #387

China is obviously on the top with a huge gap. The second is probably US and after go countries from Europe
Before the recent ban, it was China which was having the maximum number of traders who were trading in bitcoin. But now, it is japan which is at the top of the list. Japan is having the maximum number of investors than any other country who are investing in bitcoin. The way their government is showing its interest in bitcoin, there are likely chances that soon they will declare it as legal.

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October 26, 2017, 10:40:37 PM
 #388

I am looking for demographics. where btc is used most. We have just started accepting BTC
at pawnhost.com and mainly sell VPS, Ded servers and custom Entrepreneur solution.

I am looking for some stats. please guide.

I thinks the country used most bitcoin without  barrier in exchanging and accepting is las vegas U.s.a  because bitcoin there is rampant and used in casino,paying bills,hotel,brokers a lot etc.they used this as an alternate in fiat  money and transacting any kind of bussines without any obstacle in your invest.

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October 26, 2017, 10:45:34 PM
 #389

I am looking for demographics. where btc is used most. We have just started accepting BTC
at pawnhost.com and mainly sell VPS, Ded servers and custom Entrepreneur solution.

I am looking for some stats. please guide.

I thinks the country used most bitcoin without  barrier in exchanging and accepting is las vegas U.s.a  because bitcoin there is rampant and used in casino,paying bills,hotel,brokers a lot etc.they used this as an alternate in fiat  money and transacting any kind of bussines without any obstacle in your invest.
but how can you even find out which country sold Bitcoin most? I thought it was impossible to find out.

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October 27, 2017, 10:06:24 AM
 #390

China is obviously on the top with a huge gap. The second is probably US and after go countries from Europe
Before the recent ban, it was China which was having the maximum number of traders who were trading in bitcoin. But now, it is japan which is at the top of the list. Japan is having the maximum number of investors than any other country who are investing in bitcoin. The way their government is showing its interest in bitcoin, there are likely chances that soon they will declare it as legal.
China is the most largest numbers of users who use trading site before, but suddenly it was change when Chinese country banned this job in their own country. That's the main reason why bitcoin value were get into the deep for almost 2 weeks.
Therefore, thru the helps of other countries like Japan, UK, Russia and other country who supports to bitcoin, they were increase again the price of crypto currency in the digital world. For now Japan country was on the top spots as most trading country.

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October 27, 2017, 01:36:00 PM
 #391

China is obviously on the top with a huge gap. The second is probably US and after go countries from Europe
I think many countries are now trading in bitcoin like Vietnam, India, South Africa, USA, Japan and now the Russia. Witch country is difficult to say because it is not obvious that which country is using bitcoin the most. In the near future we will see that all the countries are trading in bitcoin although the governments have still not accepted bitcoin as their legal and regular currency.

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October 27, 2017, 10:46:06 PM
 #392

One country dominates the global bitcoin market china because she have The largest population density in the world ( China Population : more than 1,411,315,393  ) equivalent to 18.67% of the total world population ......
 
united states has a big rate in Transactions financial of internet
germany a lot of btc nodes are in germany


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October 28, 2017, 08:28:40 AM
 #393

China is obviously on the top with a huge gap. The second is probably US and after go countries from Europe
Before the recent ban, it was China which was having the maximum number of traders who were trading in bitcoin. But now, it is japan which is at the top of the list. Japan is having the maximum number of investors than any other country who are investing in bitcoin. The way their government is showing its interest in bitcoin, there are likely chances that soon they will declare it as legal.
I don’t think so that this recent ban has really effected the number of traders who are trading in China. It is China which is having the maximum number of investors and traders than any other country. Japan too is having a good number of investors but it is not at the top of the list because of the reason that the population of China is far more than that of Japan. It is China which is leading all the countries.


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October 28, 2017, 12:48:50 PM
 #394

China is obviously on the top with a huge gap. The second is probably US and after go countries from Europe
Before the recent ban, it was China which was having the maximum number of traders who were trading in bitcoin. But now, it is japan which is at the top of the list. Japan is having the maximum number of investors than any other country who are investing in bitcoin. The way their government is showing its interest in bitcoin, there are likely chances that soon they will declare it as legal.
China is the most largest numbers of users who use trading site before, but suddenly it was change when Chinese country banned this job in their own country. That's the main reason why bitcoin value were get into the deep for almost 2 weeks.
Therefore, thru the helps of other countries like Japan, UK, Russia and other country who supports to bitcoin, they were increase again the price of crypto currency in the digital world. For now Japan country was on the top spots as most trading country.
China is no doubt having the maximum number of investors as well as traders who are investing in bitcoin. There is no other country which is having that much number of investors as china had. China is at the top of the list amongst all other countries.

In addition to this, Japan is taking very much interest in promoting the usage of bitcoin in his country and soon we can hear a good news from their side.


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MMA
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October 28, 2017, 11:23:10 PM
 #395

China is obviously on the top with a huge gap. The second is probably US and after go countries from Europe
Before the recent ban, it was China which was having the maximum number of traders who were trading in bitcoin. But now, it is japan which is at the top of the list. Japan is having the maximum number of investors than any other country who are investing in bitcoin. The way their government is showing its interest in bitcoin, there are likely chances that soon they will declare it as legal.
In my opinion the country which is the highest rank of bitcoin users is Vietnam, because I have heard that Vietnam was the first country who has started accepting bitcoin as a legal and regular currency in their local markets. Now they have installed ATM machines for easy withdrawal and the people who have bitcoins have many places around to purchase the commodities of their needs in Vietnam.

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Jedie22
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October 29, 2017, 12:05:54 AM
 #396

As of this time, it would be china, due to the huge number of traders and miners. Also to there population become the number one in the world.. but as we all know most of the countries are asian country since the convertible price of bitcoin in the asian countries currency is much more higher comparing on other content.

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October 29, 2017, 05:45:42 PM
 #397

I am looking for demographics. where btc is used most. We have just started accepting BTC
at pawnhost.com and mainly sell VPS, Ded servers and custom Entrepreneur solution.

I am looking for some stats. please guide.
It is going to be impossible to find precise statistics of what you are looking for, however there are many countries that have a very strong crypto presence, China, US, Japan, EU, South Korea, and many more so maybe it will be a good idea to localize your website to some of those languages so you can get a bigger revenue out of your enterprise, it is not going to be easy but nothing is.
jonatuzc
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October 29, 2017, 05:50:09 PM
 #398

China is obviously on the top with a huge gap. The second is probably US and after go countries from Europe
I think many countries are now trading in bitcoin like Vietnam, India, South Africa, USA, Japan and now the Russia. Witch country is difficult to say because it is not obvious that which country is using bitcoin the most. In the near future we will see that all the countries are trading in bitcoin although the governments have still not accepted bitcoin as their legal and regular currency.
That makes sense. There is no measuring tool for now, with which you can say okay this country is most using bitcoins. All these countries you have just mentioned, they are doing good in developing bitcoin’s fame. And still some new countries are looking into this matter and they will soon come into bitcoin world because of its best economical features that will help them.


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October 31, 2017, 04:49:53 PM
 #399

China is obviously on the top with a huge gap. The second is probably US and after go countries from Europe
Before the recent ban, it was China which was having the maximum number of traders who were trading in bitcoin. But now, it is japan which is at the top of the list. Japan is having the maximum number of investors than any other country who are investing in bitcoin. The way their government is showing its interest in bitcoin, there are likely chances that soon they will declare it as legal.
China is the most largest numbers of users who use trading site before, but suddenly it was change when Chinese country banned this job in their own country. That's the main reason why bitcoin value were get into the deep for almost 2 weeks.
Therefore, thru the helps of other countries like Japan, UK, Russia and other country who supports to bitcoin, they were increase again the price of crypto currency in the digital world. For now Japan country was on the top spots as most trading country.
China is no doubt having the maximum number of investors as well as traders who are investing in bitcoin. There is no other country which is having that much number of investors as china had. China is at the top of the list amongst all other countries.

In addition to this, Japan is taking very much interest in promoting the usage of bitcoin in his country and soon we can hear a good news from their side.
It is a bit doubt full that bitcoin will be able to make the use of the bitcoin as he worldwide because bitcoin has become ban in the china and the people are not trusting the bitcoin for the huge income and the best source of the profit, so it is the time for the bitcoin to increase more and more so in the future all the country will trade in the bitcoin and the price of the bitcoin will increase more and more because of the high positive popularity.

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November 01, 2017, 08:58:58 AM
 #400

China is obviously on the top with a huge gap. The second is probably US and after go countries from Europe
I think many countries are now trading in bitcoin like Vietnam, India, South Africa, USA, Japan and now the Russia. Witch country is difficult to say because it is not obvious that which country is using bitcoin the most. In the near future we will see that all the countries are trading in bitcoin although the governments have still not accepted bitcoin as their legal and regular currency.
That makes sense. There is no measuring tool for now, with which you can say okay this country is most using bitcoins. All these countries you have just mentioned, they are doing good in developing bitcoin’s fame. And still some new countries are looking into this matter and they will soon come into bitcoin world because of its best economical features that will help them.
In my opinion the country which trade most in bitcoin is Vietnam because I have heard that Vietnam is the country who accepted bitcoin long time ago and now there are ATM machines from where you can withdraw your money in bitcoins.

I submit that the people in Vietnam now deal in bitcoin mostly. May be I am wrong but I have given my opinion that may be Vietnam is the country who use bitcoin mostly from any other country in the world.

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