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Author Topic: which country trade most in btc  (Read 5953 times)
HasHe
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July 04, 2017, 04:06:44 AM
 #121

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.
As china dominates in bitcoin mining,it dominates in trades carried out in bitcoins too.Previously,US had more trades carried out in bitcoins.But now,china has overthrown US.Japan would be expected to compete with china in future since bitcoin is legalized in japan.Surprisingly,south korea is also showing more interests in bitcoin trading.


 
 
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July 04, 2017, 02:17:09 PM
 #122

The more Southeast Asian countries who are interested in using Bitcoin, they are neglecting their government that is still not interested in legalizing Bitcoin as a legitimate payment.
I'm sure after the Philippines will be many countries are beginning to examine the use of digital currency. Thailand is a big market. We just wait.
You must be right. Compared to American and European countries, these part of Asian countries are heavily keen on adopting bitcoin regardless of their government will be supporting or not.
After Japan I do hear many other south-east Asian countries also in consideration to legalise bitcoin in the favour of freeing people at least for their financial needs.
The world economic power is now located in Asia. And China has proven it. Bitcoin in China's large mine of BTC stock will be exhausted by 2020 and everyone needs Bitcoin. Imagine the price of Bitcoin will be very high. And China has full control.
Asian countries will follow China and Japan as the world economic direction.

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July 04, 2017, 03:07:06 PM
 #123

I would of said China,
But that was before all those lockdowns on almost all of their bitcoin exchanges.
So now I would say Japan since they are the hidden ninja just hiding in the background as from the beginning of the year they overtook China while they "were sleeping".  Undecided

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July 04, 2017, 04:32:23 PM
 #124

i think it's china since there dominate in crypto-currencies. i haven't research on iran yet but they have been trying to lift their sanction by doing crypto.

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July 05, 2017, 03:33:13 AM
 #125

As far as I know, the leading traders are on the US and as well the western countries. My country (Philippines) we are also or most of us are also into trading. There are several people here in the Philippines who are really bitcoin enthusias. Many of us are really into trading. Most of us here end big profits just because of trading.

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July 07, 2017, 06:39:06 AM
 #126

Most countries has not fully accepted Bitcoin into their economic system, but,
I think Japanese, Chinese and US uses bitcoin more often in their marketing system.

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July 07, 2017, 06:32:32 PM
 #127

As far as I know, the leading traders are on the US and as well the western countries. My country (Philippines) we are also or most of us are also into trading. There are several people here in the Philippines who are really bitcoin enthusias. Many of us are really into trading. Most of us here end big profits just because of trading.
United States of America and Europe have the biggest amount of merchants dealing with bitcoin. According to Wikipedia page bitcoin is legalized by European Union so it is easy to understand that they love bitcoin.

USA is the most developed country in the world thus requiring fastest means of transactions and also the best and most secure methods of payment in industry.

Other than that in Asia, bitcoins are getting really popular because of its potential and profitable value rise.



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July 08, 2017, 03:28:40 AM
 #128

Most countries has not fully accepted Bitcoin into their economic system, but,
I think Japanese, Chinese and US uses bitcoin more often in their marketing system.
Among the quoted Countries I hope now US could have got the majority of the trade, though Japan and China hold a good number of users. China was the one making good trade before the PBOC inspection and everything got changed when they were found misusing the trading volume.

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July 08, 2017, 05:51:02 AM
 #129

I am living in Tokyo, Japan and just recently signed up to purchase currency. Such an easy process here. I am new to this world, doing a lot of research. It seems that Japan has embraced this wholeheartedly. I can even purchase and pay for coins at the convenience stores and ATMs. Amazing! Any tips or suggestions for purchasing some up and coming currency?

Thanks

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July 08, 2017, 06:34:06 AM
 #130

As far as I know, the leading traders are on the US and as well the western countries. My country (Philippines) we are also or most of us are also into trading. There are several people here in the Philippines who are really bitcoin enthusias. Many of us are really into trading. Most of us here end big profits just because of trading.

USA and China are the most one who trade most in bitcoin i think, especially china who have their own trading site and have a huge cap. Actually my country here indonesia also have many people trade in bitcoin and we also have our own trading site and have a good volume too.


 
 
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ladydark
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July 13, 2017, 07:13:16 AM
 #131

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 early stages of bitcoin,US had more trades in btc.But now,just like dominating in bitcoin mi ning,china had overthrown US  and has largest number of trades carried out in bitcoins.


 
 
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July 13, 2017, 08:54:10 AM
 #132

There are alot of country that having huge transactions of bitcoins at the moment,but one of the most number has is in the south east asia,china and japan i think is the country who trades bitcoins the most because they are advance and they already legalize bitcoin there

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July 13, 2017, 09:44:03 AM
 #133

I Think there are many countries are trading with Bitcoin, but most of the countries like Japan, China, US are the most where people are actively trading with Bitcoin and another altcoin also. Bitcoin is becoming more popular in all major countries like Japan, China, US Etc.

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July 15, 2017, 05:53:49 AM
 #134

You can see this :

https://cointelegraph.com/news/top-10-nations-in-bitcoin-merchant-adoption
https://www.youtube.com/watch?v=8ZhjLUxvhnA#action=share

1. Isle of Man
2. Slovenia
3. Canada
4. The Netherlands
5. Singapore
6. Australia
....................
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July 15, 2017, 06:21:45 AM
 #135

Most probably Russia is the leader country to use bitcoin moreover China , USA, Philippine are so used to bitcion

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July 15, 2017, 07:45:17 AM
 #136

Most probably Russia is the leader country to use bitcoin moreover China , USA, Philippine are so used to bitcion

Really Russia? I'm guessing that the country that has trading most in bitcoin before is China but now most of the Chinese are into litecoins. And I guess the next leading is USA or some European countries. My third pick mostly is in India and other Southeast Asian countries like Philippines and Japan.

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July 15, 2017, 09:53:01 AM
 #137

Most probably Russia is the leader country to use bitcoin moreover China , USA, Philippine are so used to bitcion

Really Russia? I'm guessing that the country that has trading most in bitcoin before is China but now most of the Chinese are into litecoins. And I guess the next leading is USA or some European countries. My third pick mostly is in India and other Southeast Asian countries like Philippines and Japan.
The countries in asia are at the forefront, countries like Japan, south korea and india have started a new era of bitcoin. Their state governments provide places and regulations for bitcoin. So the development in the country is very good. So some people in big countries like the united states and russia will feel envy with the regulations applied by the countries in asia today.

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July 16, 2017, 01:54:55 AM
 #138

I think it will be US or Philippine or China.  China is the most Internet using country so probably it mostly earn BTC.
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July 18, 2017, 12:14:56 PM
 #139

Earlier,US had more trades in bitcoin.Now china has overthrown US and leads in bitcoin trading.Soon,japan could be expected to become number one since bitcoin has been legalized there.Or else,south korea may lead as it has bitcoin friendly atmosphere now.


 
 
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reflector
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July 18, 2017, 01:57:00 PM
 #140

Earlier,US had more trades in bitcoin.Now china has overthrown US and leads in bitcoin trading.Soon,japan could be expected to become number one since bitcoin has been legalized there.Or else,south korea may lead as it has bitcoin friendly atmosphere now.

Yeah due to the legalization of bitcoin in their country will use bitcoin large numbers according to their usage. We may notice some ATMs also has been initialized in Japan airports.
Next to them Netherlands and Greece people use it much. According to my experience I noticed many of the people knows bitcoin from these countries.


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