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Author Topic: which country trade most in btc  (Read 3118 times)
affandi
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June 13, 2017, 09:34:07 AM
 #61

No doubt most bitcoins transactions per day or even per month is within china,china has the most number of bitcoins users and bitcoin mines which boost numbers of transactions in their country,philippines and united states i think is one of the most number of transactions in the world

that is wrong, now japan is leading one in trade volume china is secodn now, this after the japan adoption as of bitcoin, i can imagines if china were to adopt bitcoin like japan it would be the first one again

but only because they more than other, so it's safe to think that despite the huge number people in china there are few people trading bitcoin now, because japan is much smaller and have a better volume...

Waw ,, i just found out that now japan is leading. Because before I know only china most bitcoin holders ,, and he said china also has a mining tool

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June 13, 2017, 10:42:00 AM
 #62



Based on current trading volume of Bitcoin. We can see Japan,China,Korea and Europe are countries which trading BTC popularly.

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June 13, 2017, 01:48:58 PM
 #63

So far, it could be any country. However, Japan based Leadership Offers  percent of the Philippines, Indonesia, the massive expansion of Bitcoin. Bitcoin us/europe countries use less.
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June 13, 2017, 02:25:59 PM
 #64

i think the most many trader in the world is in the korea as you can see korea has now the biggest stock of bitcoin, though it is too expensive but i know that korea is so smart to trade some coins in the market also they are smart because they just make the bitcoin as a leggal currency
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June 13, 2017, 02:35:36 PM
 #65

Currently most countries are know to bitcoin. Each country has some percentage of bitcoin users.
But the top 10 countries using bitcoin are
-Estonia
-United States
-Denmark
-Sweden
-South Korea
-Netherlands
-Finland
-Canada
-United Kingdom
-Australia

The countries are listed in no particular order since each nation has its own idiosyncrasies, differences in population, internet connectivity, etc. However, all of the countries listed have demonstrated their willingness, whether on behalf of the population, the government or both, to embrace Bitcoin’s innovative technology.

I`m surprised that I see Estonia on this list, not in a bad way. I found where you took this list from news.bitcoin.com, with little explanations under, but like always I love to see what people have to say about that, and in first comment represents my first thought about Estonia and this news, when I continued to read I have to agree with most people there, where I Germany, Philippines, China, India, what is happening in Brazil,  and other countries from South America? I tried to search more about it, but I constantly have same results.

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June 13, 2017, 03:32:19 PM
 #66

i think the most many trader in the world is in the korea as you can see korea has now the biggest stock of bitcoin, though it is too expensive but i know that korea is so smart to trade some coins in the market also they are smart because they just make the bitcoin as a leggal currency

Japan is having more number of trading sites when compare with the others trading in rest of the countries. We know that bitcoin is been accept bitcoin as a legal money few months back. Therefore, they would not be worry about it is illegal in usage.


 
 
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Bodywowoya
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June 13, 2017, 08:21:44 PM
 #67

i think the most many trader in the world is in the korea as you can see korea has now the biggest stock of bitcoin, though it is too expensive but i know that korea is so smart to trade some coins in the market also they are smart because they just make the bitcoin as a leggal currency

Japan is having more number of trading sites when compare with the others trading in rest of the countries. We know that bitcoin is been accept bitcoin as a legal money few months back. Therefore, they would not be worry about it is illegal in usage.
It seemed to me that even until recently, the Chinese controlled the Bitcoin and its sale. Maybe I'm wrong. But really. What's happening lately, a very huge interest in the crypto currency has grown in Japan. The Japanese made such an excitement that the Japanese government made a step towards creating its own crypto currency. Therefore, yaponiya leads a very good business in the Bitcoin trade.
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June 13, 2017, 08:41:08 PM
 #68

China is still leading in crytocurrency trading. Though since last year people bank of China keep on bands some of the features like margin trade on most of the exchangers platform! China is still leading. Japanese are coming up and even USA  traders are increasing day by day.

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June 13, 2017, 09:08:34 PM
 #69



Based on current trading volume of Bitcoin. We can see Japan,China,Korea and Europe are countries which trading BTC popularly.

It gives an idea about who most trade Bitcoins, but not exactly. We know exchanges of these countries are being used, but maybe by foreigners, no? Seems the traders in Europe are splitted among many different countries, so the asians are the most traders, however, it's not possible to know if they are really from China, Japan or Korea, there are many others like indonesians, Philippines, indians probably using the same exchanges.

bitcoin31
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June 13, 2017, 09:11:26 PM
 #70

For me my country is of the most trade of bitcoin. Because everyday we have a lot of transaction because we have a lot of active members if you see the faceboook group they have many filipinos there even 12 am they have a lot of active there.


 
 
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czvezda
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June 14, 2017, 01:35:24 AM
 #71

So far I know, my opinion will go along with China, Chinese people are using Bitcoin than any other countries, in huge population, Bitcoin is very popular among themselves, they are playing a big role in this sector, basically in Asia, Bitcoin is becoming one of the popular form of transaction tools.
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June 14, 2017, 02:39:34 AM
 #72

1 usa
2 china
 now i see latin american trade alot ..brasil and venezuela are the number one in latin america and there many Btc atm
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June 14, 2017, 03:01:06 AM
 #73

Currently I think countries in Asia are becoming the most active using bitcoin. In asia bitcoin already has a great place because it has started emerging countries that recognize bitcoin and provide flexibility in the spread of bitcoin in the country. This is a new thing of course, this can help the development of bitcoin much better.
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June 14, 2017, 04:57:51 AM
 #74

With no doubt,china has most mining farms and hence hols more btc.Obviously,most trades in btc is carried out in china.China has lost its manipulating power in bitcoins but still it is the dominant country in bitcoin trading.It has overthrown US earlier in bitcoin trading.Now we could expect that japan could become a competitor to china in bitcoin trading since bitcoin has been announced as legal payment in japan.

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June 15, 2017, 02:07:31 AM
 #75

We neeed to distinguish between

1. Country promoting in (aka daily usage)
2. Trading (aka buying and selling of coins)

China is very active on item 2 but non existent on item 1.

I am curious about Japan, which was said to be doing in on a policy/government level. So I heard about Russia, but maybe just the Putin Vitalik hype.
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June 15, 2017, 04:19:42 AM
 #76

We neeed to distinguish between

1. Country promoting in (aka daily usage)
2. Trading (aka buying and selling of coins)

China is very active on item 2 but non existent on item 1.

I am curious about Japan, which was said to be doing in on a policy/government level. So I heard about Russia, but maybe just the Putin Vitalik hype.
About what you said at the very end of your message, and I think many people think but do not talk about it. But as for the crypto currency, today many countries are starting to work in this direction and even create their own crypto currency. Anyway, it seems to me that the countries of the East are very active with Bitcoin and that's why China and Japan can be leaders in the Bitcoin trade.
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June 15, 2017, 04:34:48 AM
 #77

I would say China but that's the obvious answer, the next is European countries as well as many South Eastern countries trying to implement Bitcoin in their business and using it.
Indonesi the next country, i hope

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June 15, 2017, 04:44:10 AM
 #78

I would say China but that's the obvious answer, the next is European countries as well as many South Eastern countries trying to implement Bitcoin in their business and using it.
Indonesi the next country, i hope
We have very strong activity in the field of crypto-currency names of Asian countries, they are of Europe. This is surprising when they thought that Europe is more developed on this issue. If we trace even the presence of trade exchanges, then the largest and more developed in Asia again.
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June 15, 2017, 05:01:04 AM
 #79

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.
About the 5-6 months ago the big user of the Bitcoin was the China because mining of the Bitcoin was easy and profitable for them and due to this reason many of them were using Bitcoin and Bitcoin mining for the profit purpose .
But in this year the Japan government regulated the use of Bitcoin and declared Bitcoin as legal way of payment and investment and after that many services in Japan accepted Bitcoin to serve Thier services and started making profit . Like airlines , hotels , casino and few local shops also accepted Bitcoin for the payment .
So currently the big user of the Bitcoin is Japan and China .
If you will start your business with the Bitcoin then I will say that first of all you should study about it for the small payment disadvantages because single transaction needed 2-3$ fee for confirmation soon . but in case of bulk transaction you will never feel any loss .


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June 15, 2017, 05:03:38 AM
 #80

chinese community trades it more dude

i heard they are the one manipulating BTC prices
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