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Author Topic: Why most bitcoin users from good economies countries?  (Read 35271 times)
MoonsGravity
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July 24, 2018, 06:49:56 PM
 #521

You're basing your questions, coming to your conclusion simply based by number of Bitcoins ATM by country. Number one by far was Bitcoin, with 554 ATM, 3rd is the UK with 47.

The US has is big. Very big, and has a lot of people. 554 ATMs is nothing. Like seriously nothing. Basing your conclusion on number of Bitcoin ATM is meaningless.
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July 24, 2018, 07:08:15 PM
 #522

Why do you ask?
I think that the answer lies in your question, because they are the most developed countries and people living in them are more educated and familiar with crypto-currencies.
Do you think if a person is short of food and clothes, he will be interested in bitcoin in his spare time? Of course not...
dragoz11
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July 24, 2018, 07:11:11 PM
 #523

the poor economies in the world have poor investors where they are not able even to afford a living and can`t think about the next month plan financially, so it is not surprising that good economies are the most users.
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July 24, 2018, 08:32:27 PM
 #524

because they have something more to share from their living costs which are basic and invest in order to wait for future money and even if the lose there won`t be a huge difference.
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July 24, 2018, 09:00:27 PM
 #525

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.




That is a very subjective opinion. Of course, the size of the country and its economy matters, but the main thing is about the ambition, the ability and a desire to learn, and the real steps towards that. Many Olympic champions are from the poor countries. Very often children from wealthy families and celebrity kids turn to be no one. So, it is not about countries, it is all about a person. Of course, wealthy countries give more possibilities that influence the statistics.

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August 02, 2018, 09:34:52 PM
 #526

the poor economies in the world have poor investors where they are not able even to afford a living and can`t think about the next month plan financially, so it is not surprising that good economies are the most users.
Countries with good economies will naturally have more opportunities than other countries. The more opportunities you have, the more revenue your economy has. They are economically viable and can even think of other ways such as electronic money. The difficult countries they are finishing, then catch up with developed countries. Because of poverty and vices.
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August 16, 2018, 03:48:38 PM
 #527

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.



cause i believe developed country are more open to technology and they do trying to use that for development of the country. I do from indonesia and in indonesia is really rare to found someone who really understand about bitcoin.

nguyenthanhvien
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August 16, 2018, 04:43:55 PM
 #528

I think they are aware of the importance of blockchain in the future. And BTC is a potential investment.
Harrisonimo
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August 16, 2018, 04:50:08 PM
 #529

Just in summary to let you know that it is the rich/wealthy that are really opportuned to do good business and also at the right time and place. Mist times, the poor are not rightly and timely situated to receive or get connected to good businesses.
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August 16, 2018, 05:48:59 PM
 #530

Given the difference in the price of electricity, the cost of mining, that is, the production of bitcoins in different countries of the world ranges from several hundred to tens of thousands of dollars.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.


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August 16, 2018, 06:02:34 PM
 #531

When more ATMs are initiated for Cryptos in these good economies and as well on good plans for the growing ones, then, the Cryptos objective becoming good currency in circulation is no more long a distance. There would be much more Bitcoinners in these Developed economies because they know the potentialities of these coins compared to the less developed or growing economies.

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August 16, 2018, 06:34:58 PM
 #532

Well, it's logical. where a developed economy, there people will be more enlightened by the crypto currency world, hence from there and the answer
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August 16, 2018, 07:18:56 PM
 #533

interesting statistics. the country in which it is forbidden to participate in the ICO most ATMs. I think this is an excellent demonstration of paradox. and it's a great policy to save money of its citizens. I think thanks to her, investors from this country have lost the least in the ICO
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August 17, 2018, 07:32:30 AM
 #534

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.



cause i believe developed country are more open to technology and they do trying to use that for development of the country. I do from indonesia and in indonesia is really rare to found someone who really understand about bitcoin.
All those countries are now a successful which has been using new technologies and working hard, so countries which are now at good condition were not like this but with the help of bitcoin they are gaining more and more power and being frenetically stronger, in my country we are using bitcoin and I know how worth bitcoin is so I am happy to have it in my life and in my state.
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August 17, 2018, 09:25:33 AM
 #535

Simply because with a good infrastructure, I think almost every people can exploring much information including to search about bitcoin, etc. Once they find about bitcoin, they will try to earn like what other people did. And as far as I know, good economic countries have a good internet connection which will give the opportunity to the people to search what they want and they can be able to search more information about bitcoin. If you can read this comment on your laptop, yes you are one of that lucky person that getting access easily to Cryptocurrency. So, good luck my Friends.

Most advance country have good internet insfrastructure and have cheap internet tariff. Beside that, in good country, most their citizen aware about financial sytem and manage their finance.

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Wall_Streeet
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August 17, 2018, 01:50:38 PM
 #536

I think the answer is obvious, because of these countries have money for free investment
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August 17, 2018, 03:48:40 PM
 #537

this is an investment that is very risky, if you talk about a poor country.
they won't dare to take risks for this kind of thing, it's better to use money to eat every day than to invest in crypto.
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August 17, 2018, 04:14:12 PM
 #538

Because they can take a risk. However poor citizens of poor countries can not take high risks with their hard earned and low salary.

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August 17, 2018, 05:43:53 PM
 #539

My opinion is quite simple, I believe that people who are born in developing countries are more open to investment practices because they are not pursuing money so hardly as people from third world countries do.

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August 17, 2018, 06:32:22 PM
 #540

maybe because many economies support a lot of bitcoin coins, so many economic countries that support bitcoin as material for trade, bitcoin has been known in large countries
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