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Author Topic: Which Asian countries have the greatest influence on bitcoin?  (Read 3059 times)
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September 14, 2018, 09:50:44 AM
 #541

Its already popular in some area in the Philippines and there's a lot people are using bitcoin for their payments. So it shows only that on this country its already known and there are many people are invested on bitcoin, and also Japan. Because its also already regulated on their country.
I don't recall many places where Bitcoin is accepted here in the Philippines. Which part of the country are you talking about? I would like to try some out so that I could feel the innovation of Bitcoin in our lives. Lol. I think it's only the exchanges that are regulated there in Japan and I think they are making a template for the cryptocurrency regulation. Making laws about it and other stuff.



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September 14, 2018, 10:02:30 AM
 #542

Its already popular in some area in the Philippines and there's a lot people are using bitcoin for their payments. So it shows only that on this country its already known and there are many people are invested on bitcoin, and also Japan. Because its also already regulated on their country.
Japan has already implemented use of bitcoin for daily transactions, this is indeed Japan is creator of bitcoin. besides that state also supports it, so that salaries of employees in Japan use BTC

It is nice to know that there are already some countries that use bitcoin, I am hoping that as time passes by more and more countries will be able to accept and use bitcoin legally.
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September 15, 2018, 10:49:11 AM
 #543

Bitcoin has achieved this milestone because of support from many countries of the world, but our focus is on the Heavyweights on the Asian continent whose appetite for Bitcoin and cryptocurrencies has been insatiable over the years.
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September 15, 2018, 11:27:50 AM
 #544

I think it is China, China is a country that is very large and rich, and every policy issued by the Chinese government always influences the ups and downs of coin prices on the market.

Even though China has strict regulations on using cryptocurrency and bitcoin on their own citizen people are still finding new way to access it through VPN's. Yeah China has a huge impact on the market price of cryptocurrency but I don't think because their country is rich or something.

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September 15, 2018, 12:22:37 PM
 #545

I think China and Japan are the most influencing. China economy is strong, there are many rich people who have interest in crypto, and Japan is already dealing with BTC on legal level.

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September 15, 2018, 01:33:51 PM
 #546

Japan is an Asian country that has a big influence on bitcoin. This is because, Japanese financial authorities have legalized bitcoin as the official currency in the country. The act of legalizing Virtual currencies in Japan has the potential to have a big impact, because there are many rumors about Bitcoin support.
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September 15, 2018, 02:12:41 PM
 #547

I think that Korea and China are the most influential countries in the world of Crypto, this is proven when the value of BTC dropped very far yesterday because of bad news about Crypto spread in China.
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September 15, 2018, 02:36:19 PM
 #548

I think that Korea and China are the most influential countries in the world of Crypto, this is proven when the value of BTC dropped very far yesterday because of bad news about Crypto spread in China.
their citizen really conscious about technology.so no doubt their country give big contribution in cryptocurrency market.if from these country we heard good news, its directly impacted to bitcoin price

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September 15, 2018, 03:17:26 PM
 #549



Countries with large amounts of virtual currency transactions such as China, Japan, Korean and India with the increasing trend of many brands continuing to expand their payment operations in Bitcoin, this currency will rise to a peak of $ 20,000 in 2017.
However, recent bad news from Asian countries Bitcoin price is going down very fast. Yesterday bitcoin price continues to fall deep down to 8,200$ and possibly more.
In particular, China and India have a great influence on the BTC currency because the number of bitcoin traders is huge

Many Asians countries are into to cryptocurrency. It increased the number of investors and also transactions. China, Japan and India are the biggest contributors in cryptocurrency. Also Philippines, Pakistan and other countries also have contribution in cryptocurrency.

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September 15, 2018, 03:29:16 PM
 #550

I think the asian countries have rge greatest influence on bitcoin is china because when China start to banned bitcoin a huge price of it decreased from that incident. There are a lot of investors in china that is why it has a huge effect on the price of bitcoin.

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September 15, 2018, 05:28:56 PM
 #551

Japan, South Korea, and China are the countries that have the biggest influence on bitcoin in Asia.

Japan: In April 2017, the Japanese government and lawmakers gave digital money the legal tender status in the country. More than a lot of bitcoin and cryptocurrency exchanges operate with licenses issued by the government in Japan.

Then, South Korea. This country has experienced massive bitcoin trading activities in the past. Also China, at one time, about 80% of the daily trading volume of bitcoin comes from China.

Other Asian countries such as India, Vietnam, Singapore, Thailand, and Indonesia all contribute to the growth and popularity of cryptocurrency,
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September 15, 2018, 05:48:07 PM
 #552

Indian will have good impact on the prices of Bitcoin


I think that now Japan has surpassed China to become the country with the first volume of BTC transactions, many people in Japan know about BTC, and many businesses also support BTC trading! The impact on the BTC is amazing!
Before China banned BTC, the impact of China on BTC was very good!
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September 15, 2018, 05:48:50 PM
 #553

I will choose Korea first, then consider china and Japan to be next. Korean has been displaying news blockchains system over the few years and also the people of this country are starting to accept cryptocurrency widely.
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September 15, 2018, 05:49:47 PM
 #554

China does have a big influence in the world economy not only in the crypto market, which they already have but in the real world China is very influential after America, of course, has a lot of qualified human resources and good business education is a factor why they are very influential
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October 03, 2018, 09:54:47 PM
 #555

Based on what I've heard its on Japan right now and nothing can really stop the rise of cryptocurrencies. It is convenient and dangerous. Once it becomes a mainstream national/global standard, the central banks will have already taken control of it. The IRS will be involved. Regulations aplenty will follow. And then we will be left with fewer purchasing options then ever before. Because businesses are prone to theft, sometimes by employees. Wouldn't you go all electronic to safeguard against it? It won't take long before cash is rarely accepted. Very few options. And there are other concerns. As a matter fact, a single click of a mouse can freeze all your electronic assets. Don't think you can get around it when using the internet. The Fed may sell the masses on the idea of bank access through RFID chip and if that goes mainstream, get ready to accept the Mark of the Beast. It will monitor your health and location while taking away personal privacy and many freedoms. It will also be your wallet and you will not be able to buy nor sell without it.
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October 04, 2018, 12:00:12 AM
 #556

I think that Korea and China are the most influential countries in the world of Crypto, this is proven when the value of BTC dropped very far yesterday because of bad news about Crypto spread in China.
their citizen really conscious about technology.so no doubt their country give big contribution in cryptocurrency market.if from these country we heard good news, its directly impacted to bitcoin price

South Korea already regulating cryptocurrency and many their people have good knowledge about cryptocurrency. China will make crypto market more bigger if government allowing their people investing on market. Beside both country, never forget Japan because Japan is one of first country that allowing bitcoin for payment

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October 04, 2018, 09:24:31 AM
 #557

more on all news coming from China, this is expected, since bitcoins are mined there, in spite of all prohibitions

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October 04, 2018, 09:36:18 AM
 #558

surely China is the most influential on bitcoin, because with the bad issues in the name of bitcoin, the price of bitcoin can be directly destroyed drastically, because in their country the most bitcoin holders and the government also receive it well from the past

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October 04, 2018, 10:06:35 AM
 #559



Countries with large amounts of virtual currency transactions such as China, Japan, Korean and India with the increasing trend of many brands continuing to expand their payment operations in Bitcoin, this currency will rise to a peak of $ 20,000 in 2017.
However, recent bad news from Asian countries Bitcoin price is going down very fast. Yesterday bitcoin price continues to fall deep down to 8,200$ and possibly more.
In particular, China and India have a great influence on the BTC currency because the number of bitcoin traders is huge

China and Japan are close competition. China have more people who are crypto literated. Japan is loaded with cash to invest in anything they want. this 2 country lead the way.
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October 04, 2018, 10:55:52 AM
 #560

Of course China is a country that has an influence on the price of bitcoin, because from China many large investors in the crypto sector, China can make the price of bitcoin rise high and China can also make the price of bitcoin drop dramatically, I think this is their trading strategy.

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