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Author Topic: Why most bitcoin users from good economies countries?  (Read 35272 times)
Harley29
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May 25, 2018, 05:41:07 PM
 #261

Bitcoin is the most expensive crypto so it can't be bought poor people,but not all the crypto currencies are from developed countries.Now crypto currencies are spreading into the developing countries and third world countries too.
Well bitcoin is on the way to grow and it will keep on growing, bitcoin will never stop at a single country as there are several countries who are now a day asking for bitcoin and switching to blockchain technology, so bitcoin itself help an under developing country to rise in economy and it makes the economy of the country even better than before, so it is true that bitcoin makes the economy of a country really better many countries are now rich only because of bitcoin technology.
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May 25, 2018, 05:44:51 PM
 #262

this is normal, countries with good economies are always ahead of the whole planet Wink
carlisle1
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May 28, 2018, 12:54:51 PM
 #263

You don't expect people from poor countries where they don't have something to eat to care about bitcoin. Do you? The ATMs also means nothing If we take china for example, they were dominating the market but almost no ATM there, same thing applies for Korea and Japan. Germany comes just after the U.S when it comes to the Darknet illegal drugs listings where bitcoin is being used so why not ATMs? It's because of the regulations. I could list a few countries that you would consider as third world country ,have no ATMs, no exchanges and still have more bitcoiners then some of the countries you listed. In other words, the ATMs don't represent the user base at all.
Some of those starvlings are right here on bitcointalk, spamming in their best attempt at English,
trying to earn money through airdrops, bounties, translations, and sig campaigns.   You've seen them,
because I've seen them.  It's sad and makes bitcointalk a madhouse, but it's the reality.  Do those users
actually care about bitcoin? Probably not.   They're content to spend it on gambling and rice.  But that's
Ok.  Bitcoin is a currency after all, and those underfed skinbags are using it as intended. The problem is
with the quality of their posts.   Since they don't care much about bitcoin, they don't have a lot to say and
don't have the linguistic capabilities to communicate properly.   What a world.
Does it affect you?dont forget that youre one of them whose eager to join for campaign to earn some bucks,so dont pretend that you are helping this community because for sure you dont own even a single bitcoin lol.

Were here to gain or generate income,maybe we have different style and techniques but the reality speaks that profit is why were here,the technology is just a second target
Twentyonepaylots
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May 28, 2018, 12:57:36 PM
 #264

I think the reason why most bitcoin users are from countries with good economies is not mainly because they have the infrastructures or because they have the money to invest in cryptocurrency. For me, the main reason is that they possess the power of knowledge and information and the 'how's' of bitcoin and other cryptocurrency. These knowledge and information is mainly supported by their money which makes it possible. If we think about it, even an undeveloped country will be able to progress and make mining and cryptocurrency profitable if only they have the information on how to do so. Without it, they will remain ignorant, not knowing that there are hundreds of possibilities offered by the cryptoworld.

Bitcoin user are from countries with good economic standing, this maybe because of the social awareness, with advance technology in every house hold, the use of computer are everywhere, easy accessibility to the people in the community, Global awareness and access to the information is one of the main reason that Bitcoin user increase dramatically. The less information available to the community, less people awareness,less participation in the crypto currency trading, less Bitcoin user.
Lorence.xD
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May 28, 2018, 01:09:57 PM
 #265

I think the reason why most bitcoin users are from countries with good economies is not mainly because they have the infrastructures or because they have the money to invest in cryptocurrency. For me, the main reason is that they possess the power of knowledge and information and the 'how's' of bitcoin and other cryptocurrency. These knowledge and information is mainly supported by their money which makes it possible. If we think about it, even an undeveloped country will be able to progress and make mining and cryptocurrency profitable if only they have the information on how to do so. Without it, they will remain ignorant, not knowing that there are hundreds of possibilities offered by the cryptoworld.

Social and public awareness are always one of the marketing strategy. In the Developed countries, all possible information are available  to the public,technology are more advance compared to other nation,  this are just a few consideration in Bitcoin user. Digital crypto currency are more available in  advance country. with more investor participating the said project or as a Bitcoin user.

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Indra32
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May 31, 2018, 04:41:03 PM
 #266

The countries on this list are what most people call the "first world countries", and they are highly developed countries with a developed technological infrastructure, they have the tools to support ATM ATM creation everywhere.




I can put some countries would you consider as third world countries, do not have an ATM, there is no Exchange, and still have more bitcoiner, then some countries you register. in other words, ATM misrepresenting user base at all. you do not expect people of the poor countries where they do not have something to eat to care about bitcoin. do you? ATM also does not mean anything. if we take China for example, they dominate market but almost no ATM in there, the same applies to Korea and Japan. Germany come only after the US when it comes to the list of illegal drugs darknet where bitcoin used so why not ATM? that's because the rules.
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May 31, 2018, 08:02:18 PM
 #267

In some countries there is no access to the Internet and dollars to buy bitcoin, it also depends a lot
Irviyandi
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May 31, 2018, 09:51:46 PM
 #268

Because a country that has a good economy knows how and where to invest so it will benefit the community itself and countries and countries that the economy will be good if there are risks that ahrus received in the future, and countries that have their poor economy fear of getting out of the safe zone so that it will never be good in terms of economics because it is too comfortable in a degenerate economy

zhanyiguai261315
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May 31, 2018, 11:13:30 PM
 #269

Economic good countries, people's scientific and cultural quality is relatively high!

Can accept and invest BTC! They communicate with each other the BTC's message, make BTC in these countries the number of rapid growth!
zakariajaki
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June 01, 2018, 02:41:24 AM
 #270


a little extra input from me who just learned about the world of crypto. I see the development of bitcoin or crypto is actually not affected by where he must stay, what time, because the range of the cypto is leaving the problem when and where it became one of the advantages and advancements answer from the shortcomings of traditional economic practices,
and cypto world only see users who are literate with technology and it applies personally do not look at live in a country, advanced or moderate but only look at personal or community which is in area which reachable by internet, bitcoin ATM is placed on area or region having user cypto in a certain amount in accordance with the rules of the atm was held,
 may be useful and successful
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June 01, 2018, 03:13:39 AM
 #271

I am not sure but I think a country with a good economy also has human resources and the development of science and technology is good too. So their way of thinking is of course also different. The community will also be able and ready to use existing technology in bitcoin.
Of course a country with a good economy will affect. you can see a developed country with a good economy certainly has most of the human resources that have good knowledge and economy also. that's why when something technological comes for them. they can follow it and uptodate
Kakawate
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June 01, 2018, 03:22:30 AM
 #272

That is because of these new technologies, third world countries weren’t able to afford these new technologies that are coming here and there, not to mention the expensive price of all these cryptocurrencies that are out in the market, but technology is the main problem.

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June 01, 2018, 03:30:13 AM
 #273

I am not sure but I think a country with a good economy also has human resources and the development of science and technology is good too. So their way of thinking is of course also different. The community will also be able and ready to use existing technology in bitcoin.
Of course a country with a good economy will affect. you can see a developed country with a good economy certainly has most of the human resources that have good knowledge and economy also. that's why when something technological comes for them. they can follow it and uptodate
because it is the development and also the average information can be received by the developed or developing countries. certainly citizens in the country are not blind to technology or information
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June 01, 2018, 03:33:17 AM
 #274

We can not deny the big country with good economy, it will make the society economy better too.
So they can follow the economic development and participate in transactions and investments in Bitcoin era.
How the people of small countries can participate in participation and benefit from it?
It would be very difficult to calculate the statistics of users of each country, but the comparison of Bitcoin ATM growth from this early 2017 report can be the initial reference of the statistics.
Perhaps by the end of this year, there will be more Bitcoin ATM growth across the board due to the growing interest in bitcoin this year.



In Asia there are many people involved in the Crypto market. This is just the statistics of the journalists, it is not too accurate. I think now many people become millionaires by joining the Crypto market.
but most of them will remain anonymous and will not let journalists know about their identity. In my country there are quite a lot of people who have become very wealthy since entering the Crypto market.

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June 01, 2018, 03:38:22 AM
 #275

Becuase they can afford to have bitcoin adapt bitcoin and use it becuase they economy is growing and can compete even to other countrues as well, they're able to make their socio-economic participate in tho this kind of technology, they have lots of money and connection too, unlike those who are struggling country who hardly bare to gain enough money even for their internet connection.

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June 01, 2018, 03:44:40 AM
 #276

I think it is because those big countries with good economy, they have the resources and money to buy the equipment to mine bitcoin or just to buy bitcoins. They are open minded about the change that is happening to our financial system and they are willing to venture. That is why they are becoming richer and richer, they are willing to take the risks.
that good explanation mate.usually people that have no resources they can do nothing.even for their knowledge.they prefer to give priorit to fullfill their daily need such as food for family.
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June 01, 2018, 06:36:20 AM
 #277

Most bitcoin users from good economic countries because they have more access on internet. They dont filtering internet and they have good internet connection, thats make their peoples always find out new knowledge on internet and we already know that bitcoin only can run with internet connection.
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June 01, 2018, 06:54:47 AM
 #278

Because everyone who already has a good economy wants to find a good investment place so they can benefit. While the majority of countries looking for work is hard, just thinking about how they get the food tomorrow.
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June 01, 2018, 07:04:13 AM
 #279

We can not deny the big country with good economy, it will make the society economy better too.
So they can follow the economic development and participate in transactions and investments in Bitcoin era.
How the people of small countries can participate in participation and benefit from it?
It would be very difficult to calculate the statistics of users of each country, but the comparison of Bitcoin ATM growth from this early 2017 report can be the initial reference of the statistics.
Perhaps by the end of this year, there will be more Bitcoin ATM growth across the board due to the growing interest in bitcoin this year.

https://i.imgur.com/pgqaTer.jpg



Obviously all of those you showed here is a rich country and have enough capability to invest of bitcoin anytime. Aside from High electricity in that area almost all constituents are supported their head of the state and provided all of their needs in terms from financial start from baby ti'l 18 years of age.
hopefully this coming years or this year they will provide us here in the Philippines of the said  ATM machine of  bitcoin so that all user doesn't any problem to cash it out into Fiat money


 





























feehannah
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June 01, 2018, 07:08:45 AM
 #280

People in good economies countries,having a gadgets like laptops,cellphones etc.they're easy to get these,and they can have access to internet. Unlike those people living in countries where experiencing a low economies,increasing the number of poverty,many of them can't afford to have gadgets and access to internet. That's why,most bitcoin users are from the good economies countries.
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