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Author Topic: which country trade most in btc  (Read 28615 times)
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November 22, 2017, 01:25:47 PM
 #501

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 think most of the bitcoin transactions and other bitcoin work comes from china and people there are more attracted towards it. China has most number of bitcoin users and it also mines most of the bitcoin. But now bitcoin is spreading all over the world and more and more people around the world are using it and having a great income. Most of the people world invest in bitcoin and also get more profit from it.

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November 22, 2017, 07:06:03 PM
 #502

I don't know how we can say about this in what measures we might prove that one particular country trades most in bitcoin. If any technical chart please provide. What I have seen in all replies are just logical predictions only which is not the actual fact sheet.

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November 22, 2017, 09:25:58 PM
 #503

The country Georgia, Bitfurry - known as one of the largest bitcoin player in Bitcoin Mining Industry accounts for about 15% (source) of all bitcoins. China is one of the top and yes the USA which accounts for about 3% of all Bitcoins according to 2016 studies.
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November 23, 2017, 07:37:52 AM
 #504

Is there a global 24 hour trade volume per country chart available that doesn't just show how much the exchanges are trading per pair?


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November 23, 2017, 08:00:12 AM
 #505

The top three country for me that trades bitcoin are Japan which is number one and second is US and third is South Korea. They are always on the trading market so I know it's them.

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November 23, 2017, 11:09:19 AM
 #506

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 think the best place for you to provide you service in bitcoin is China as china mines the most amount of BTC in the world and there are many users also who have large sum of BTC with them the will use your services. There are other countries all USA too where you can start your business and develop it.

There are also countries like India which are becoming digital every day and bitcoin is also spreading amongst the population of this countries you can also try to spread it there are many opportunities for you in these countries.


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November 23, 2017, 01:36:47 PM
 #507

Australia is pretty warm. You can also look into Singapore, Taiwan, Vietnam, India, South Africa, Ghana, Kenya and Mexico who all have solid cryptocurrency communities. Tongue
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November 23, 2017, 02:01:56 PM
 #508

Hi,

You can get all the information at https://coinmarketcap.com/ check it out.
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November 24, 2017, 07:38:55 AM
 #509

Correct me if im wrong but based on what i heard in media recently, Japan had the highest btc traders in the world. The rest are Europe, US and Russia.
Exactly! There is no point of denying this fact that at the very present moment, the country which is having the maximum number of traders which are actually trading in the world of bitcoin is none other than that of Japan. In addition to this, the government of Japan is taking a keen interest in taking some good steps in order to promote usage of bitcoin in its country.


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November 24, 2017, 08:24:46 AM
 #510

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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November 24, 2017, 02:25:51 PM
 #511

I feel its america.also china but they still trying to solve the bitcoin banned issue to thier country.
Yup you are right the America is now showing the great interest in the bitcoin at this time because all the people are having the bitcoin fun and the value of the bitcoin is now increasing more an more I can see the positive growth of the bitcoin for the very slow price and the valuable income of the bitcoin I know the fast growth of the bitcoin will give you the real value and this is the reason why the bitcoin is increasing.
In my opinion the country with wide use of bitcoin is Vietnam because Vietnam is the country who started accepting and using bitcoin as their regular and legal currency first and there are ATM machines for withdrawal bitcoins and the people use their bitcoin as paper currency in their local markets. South Africa and India also started using bitcoin but I think that Vietnam is number one in using bitcoins.

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November 24, 2017, 09:41:03 PM
 #512

China is trading more bitcoins..It now makes up 100% of bitcoin trading.. particularly in Yuvan has do all bitcoin trading.. In past few years china overtaking the US dollar as the ruling currency.
After banning ICOs in China people i think the bitcoin use is a little decrease, while turning bitcoin as legal currency in japan, we can expect that japanies may be using bitcoin as normal currency, therefore bitcoin may be use as more in japan as compare to any other country. i think with the passage of the the use of bitcoin is increasing throughout the world.

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November 24, 2017, 11:43:02 PM
 #513

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.
If we want to determine the capacity and the capability of a particular country to deal with people transaction , one way is to look at its region or size. And it is not surprising that China could be the number one county who uses nitcoin in transaction in associate n its region. But currently China don't accept bitcoin becasue there is some news that they want to establish their fist own form of crypto-currency.

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November 25, 2017, 04:20:49 AM
 #514

here in philippines they using bittrex or poloniex site to trade there bitcoins.

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November 25, 2017, 04:28:18 AM
 #515

maybe I did not banned the bitcoin in china,china maybe the highest rate for trading coin.

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November 25, 2017, 05:39:32 AM
 #516

I guess china because it was the most dominant country they trade bitcoin money.
I wish it was true because I have heard the bad news that the china is not accepting the bitcoin and they are not allowing the bitcoin now, a lot of the countries are accepting the bitcoin and it is the best time for the bitcoin to grow and to increase because the demand and the use of the bitcoin will release the bitcoin real price and the value I hope the bitcoin will be able to trade in several countries in the coming future.
I think you are right but due to their decision of banning bitcoin most people in china have stopped trading in bitcoin. There are many other countries that trade in bitcoin and I think that Vietnam is the country who trades most in bitcoin because Vietnam is the country who has started bitcoin first and their people use bitcoin as their legal and regular currency and the controllers have installed bitcoin ATM machines.

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November 25, 2017, 09:14:34 AM
 #517

China is trading more bitcoins..It now makes up 100% of bitcoin trading.. particularly in Yuvan has do all bitcoin trading.. In past few years china overtaking the US dollar as the ruling currency.
With the passage of time, there are lot more number of people who are getting to know about bitcoin across the world. Other than this, governments of different countries find it very much interesting and they are very much keen to declare it as legal currency. At the very present moment, it is Japan and China which are trading the most in bitcoin but soon you can also hear more good news.


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November 25, 2017, 01:25:39 PM
 #518

In the near future we will see most of the btc trade in the South Korea and Japan. At this point, they are developing and improving blockchain in many sectors of the economy.
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November 25, 2017, 02:41:47 PM
 #519

china now is not the biggest bitcoin market i think , so the most trade btc country is America

and japan and  Korea also have a big vol.



A lot of the countries for sure! You are right all the people are using the name of the bitcoin with the china because the country of the china did really bad with the bitcoin investors, a lot of the people invested a lot to the bitcoin band they spent a lot of the money so I am very sorry for it that the government of the china banned the bitcoin, it is not good at all.
Perhaps the best country you might trade bitcoin are Japan and South Korea.
These countries has the biggest number of traiding and investors. I think someday we will hear more countries that will follow to Japan and South Korea since the price of bitcoin continues to goes up and gets popular.

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November 26, 2017, 10:24:09 PM
 #520

I would say China because of its large population and was once a market mover of bitcoin prices, and if am not mistaken the still hold first place in terms of bitcoin mining which could also contribute to them trading the most but with Japan issuing out licences to some exchangers it could be a contender too.
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