Camorra Dev
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June 01, 2018, 08:34:51 AM |
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This distribution makes total sense because when you do not have enough funds to support yourself and your family you do not go online and trade, you simply do your best to figure out where to get food for a day and look for that job that provides you with money right away, not in a while like most investments do.
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dongyi17
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FRX: Ferocious Alpha
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June 01, 2018, 08:55:17 AM |
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It probably because they have the capacity to accept bitcoin and can invest, transact using bitcoin because they have high quality electronic facilities and infrastructure and good socio economic condition that can accommodate even thousands of people for their system.
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mokong11
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June 05, 2018, 06:24:59 PM |
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Its because they have the ability to buy lots of bitcoin in the market and hold it for too long thats why only good economy of country can do that. Also they have a lots of supporters and investors in their country thats why some people of their country contributing in crypto currency because this is part of their economy to be innovate by terms of block chain technology.
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Quraline
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June 05, 2018, 06:37:45 PM |
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The number of ATMs does not mean that this country has the largest turnover of bitcoins. Judging by the picture, in China did not hear the word bitcoin.
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Nitnit13
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June 05, 2018, 06:44:48 PM |
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Because the mindset of a country that has a good economic population is wanting to find more money that they can get than a country whose economy is bad.
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berungan
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June 05, 2018, 06:46:19 PM |
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because bitcoin needs facilities, if it says poor country, does the bitcoin support facility exist ..? but if for poor countries will not think of bitcoin, they will be busy making a living to feed their family.
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Larva14
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June 05, 2018, 06:46:49 PM |
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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://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FpgqaTer.jpg&t=665&c=-0r5L48HGOUqQg) Developed countries not only means having a good economy but also having a better technology or gadgets and facilities that can be used in crypto especially the Bitcoin unlike to the other developing countries. For example the Internet, which we all know is one of the things that we mostly needed when operating in this crypto - some developing countries internet situation as scarce commodity.
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andrei56
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June 05, 2018, 08:35:04 PM |
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For me The reason why most bitcoin users from good economies countries because they are open minded person in the terms of business and they are also a risks takers that can accept what will be might happen to there decision that they make and do.
This is not about being open minded, people from rich countries invest more in bitcoin simply because they have more resources to spare, just look at the average income in a rich country and the average income in a poor country and there is no comparison, a person in a rich country can just cut some luxuries and he can invest in bitcoin very easily.
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Vatimins
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June 05, 2018, 09:27:58 PM |
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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.
Yup, this is most probably the reason why other countries that are left behind are the ones that are less advanced in economic traits. Just look at south korea and japan, they are more advanced when it comes to technology and innovation. This makes the people in these countries used to new things which is why they can adapt easier and can understand the concept of cryptos easier. This is not the case on economically behind countries.
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NENL
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June 06, 2018, 09:05:20 AM |
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Developing countries, access to infrastructure, intenet is very difficult. Because of the location they live in, they are not in the field of information technology. Because of this, bitcoin users are usually concentrated in developed countries.
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ronafurw
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June 06, 2018, 10:23:18 AM |
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Because the mindset of a country that has a good economic population is wanting to find more money that they can get than a country whose economy is bad.
Well this might not be a measure for calculating the percentage of usage of such coin in one country if they have got more ATMs. It might be possible that there are more citizens who want to choose that amazing thing as their source of income but the real turnover wouldn’t be of so huge results. So better is to manage some ways and alternatives for making best of the results.
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iqlimasyadiqa
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June 06, 2018, 11:08:16 AM |
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Developing countries, access to infrastructure, intenet is very difficult. Because of the location they live in, they are not in the field of information technology. Because of this, bitcoin users are usually concentrated in developed countries.
Yes one factor is the availability of infrastructure in a country. developed countries must have adequate facilities so that the mindset in the country is much easier to adapt to a new technology. This is what makes the mindset of people who are in developed countries much better, they are motivated to a new thing because they think that this is the beginning of a new era. While non-developed countries have limited infrastructure so it makes access to a technology more difficult.
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Sled
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June 06, 2018, 12:24:54 PM |
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I think the reason for the most of the bitcoin users are from the good economy countries is because they are open minded and they are open for more opportunities and possibilities compare to the other people who are from the less developed economic countries. It is best if all of the people from all over the world will accept and get into bitcoin even their economy is not that good.
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IndzheborgC
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June 06, 2018, 01:19:26 PM |
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A lot of Chinese used bitcoin to export their capital from the country and it is surprising that they are not reflected in this histogram. It is possible that in other countries use is not less, but people hide their operations with crypto coins more.
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Dreamchaser21
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June 06, 2018, 01:27:38 PM |
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Developing countries, access to infrastructure, intenet is very difficult. Because of the location they live in, they are not in the field of information technology. Because of this, bitcoin users are usually concentrated in developed countries.
Too difficult for a 3rd world country to adopt cryptocurrency because no one is helping them even their own government. Too much corruptions, and sometimes people are not educated enough to use cryptocurrency. Mostly ICO's are comes from a largest country because thats is a right place for them to operate their project and they can't afford to take risk on making business in a country that is not open for cryptocurrency.
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Taki
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June 06, 2018, 01:34:39 PM |
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The first reason is that almost everyone in developed countries can allow themselves to have a computer, smartphone and phone-home Internet. That is daily life of every of us to be online every day, so such opportunity to work with crypto currencies is easy acceptable. In developing countries the situation is different with all those stuff, that's why people a step back in the sense of crypto use there.
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crypto_nd
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Less troubles
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June 06, 2018, 01:45:33 PM |
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yea, who is ready to buy bitcoin for 7k usd top. while in your currency 7k usd is worth 5 million of your local currency. who does that, i will pass. until i have enough to eat and drink then i will think of buying bitcoin.
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Btcirene88
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June 06, 2018, 01:46:49 PM |
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I think this is because there country and government agency are willing to undergoing a research development that can gathered an additional resources for economic stability.
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ethereumhunter
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June 06, 2018, 02:46:31 PM |
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I think the reason for the most of the bitcoin users are from the good economy countries is because they are open minded and they are open for more opportunities and possibilities compare to the other people who are from the less developed economic countries. It is best if all of the people from all over the world will accept and get into bitcoin even their economy is not that good.
soon, the other country will make a better infrastructure and will have a good internet connection so people will come and join into bitcoin so everybody can access bitcoin without any problem. and they will try to use the opportunity to make money like other people which already join into bitcoin so we can see bitcoin will grow more in all country.
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Jessica2009
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June 06, 2018, 06:34:36 PM |
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Bitcoin users are from good economies countries because the people are well educated and they may be well aware of modern technologies .Bitcoin the most famous cryptocurrency enables digital transactions between two members without any intermediary. Every transactions are recorded in the block digitally that acts like a ledger. All blocks are connected to each other so that nobody can alter it .Bitcoin users are mostly from economically developed countries having minimum required education and living facilities through the state government so Bitcoin is globally attracted for the daily requirement .
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