Which Asian countries have the greatest influence on bitcoin?

[peterpeterpeter]

I think as a Filipino. I can also consider that Philippines is also country who have a great influence when we talked about cryptocurrencies. Because I can assure all of you that thousands of Filipinos are also joined to this community even if they are in other countries(ofw- overseas Filipino workers) they are also joining and investing in Blockchain technology.

[nhan0507]

I think it's probably China, because it's the most populous country in the world, they have the world's largest BitMan Company, the Binnace Exchange, with billions of dollars a day.

[kidoseagle0312]

I agree with you. China and India are the Asian countries that has the most influence on Bitcoin and Crypto right now following them is South Korea. China and India both has a huge population which helped in this influence, many people in their country became interested in Bitcoin and its much easier for them to create something there because labor is pretty much cheap there.

[Louise0910]

China is the great influencer in bitcoin did everyone remember when Chinese government ban bitcoin and cryptocurrency, bitcoin price surged to as low as  $3,978 that was September 11, 2017.

[NNMT]

In your question, I think the answer is yes, since the value of the bitcoin increase or decrease depends very much on the number of investors and the number of bitcoin users. Therefore, bitcoin needs countries with large population to trade and use bitcoin, especially China.

[Brenda Medeiross]

Often the Japanese yen has accounted for up to 60 percent of the global bitcoin volume due to massive bitcoin trading activities between the nation’s currency. That would make Japan as a greatest influencer on bitcoin.

[Haniya Syed]

Since China banned the bitcoin it so I think probably Japan was one of the countries with greater influence within the bitcoin economy.

[endlings]

The Chinese government has announced that it will not prohibit Bitcoin transactions, but ICO will not be allowed. Moreover, the Chinese government intends to establish an exchange that will regulate the cryptocurrency transactions in China.

[Johnny_ric0]

I agree with opinion that China and India are the Asian most influence countries on Bitcoin and Altcoins right now due to huge population - lot of people are into this business. And ofc do not forget Japan with its crypto exchanges.

[Zaibraid]

Yes right , in my opinion, the most influential countries that against bitcoin in Asia are Japan, China, Korea, and India. Especially Japan, because Japan already allows transactions with bitcoins open so that transactions here also grow faster. Japanese society is very open with the presence of new technology, that's what makes Japan more advanced. While China, this country prohibits bitcoin so automatic bitcoin transaction here more closed. India, the country legalizes bitcoin but regulates high taxes, so bitcoin users will think twice. While Korea, I do not know much.

[rafit09]

The Japanese state is one of the diacid countries that has a lot of influence on the development of bitcoin, the cherry country also does not want to miss the bitcoin, even for the everyday atifitas japan using bitcoin. Some stores in Japan serve payments with bitcoin, more than 4,500 oulets spread across Japan using the service. There is even a camera store that only serves payment via bitcoin, this store does not serve the payment through cashyen or visa money.

In Japan there is someone who was nicknamed Miss Bitcoin namely Mai Fujimoto. Before bitcoin booming as it is today, he has often shared information about digital currency social media. May has been investing bitcoin since 2011, though he argues that the yen remains Japan's official currency and will not be replaced.

[suzane18]

There are lot of countries which influences Bitcoin and its price movement to some extent. Most important ones are Korea, China and Japan as bitcoin is being adopted in lot of places in Japan, lot of shopkeepers have started accepting payment in Bitcoin there

[Gen-8]

What I see today is the Asian countries that have a big influence on Bitcoin is a country like China, Japan, Korea, India, and also Indonesia. Especially the State of Japan because the financial authorities in Japan have legalized Bitcoin as the official currency in the State of Sakura.

[Rubble898zaitO]

I believe a lot of Asian countries have great influence on Bitcoin, Japan, China, India, South Korea and Philippines. There are a lot of Bitcoin investors and enthusiasts from those countries. But I think the number one influence from these Asian Nations is Japan, they are the first who openly and warmly welcomed Bitcoin, legalized it and endorsed it to their people. I think they are the best country that has a great influence on Bitcoin since they welcomed it with open arms and maximize its potential gorwth and development for a better future.

[BTC_BTC]

I think India does not lead enough in the world of cryptography, although India is a country with a dense population but not all residents in India understand about technology.
China is a communist country, whatever it thinks will harm the government will be banned there.

[Angelia46]

I think the Chinese and Korean messages have the biggest impact on the encrypted currency market.
Because when news comes out of both countries, it often means a slump.

[virarara]

I think countries like China and Japan have a strong influence on bitcoin. Whatever they do with bitcoin will be very powerful and can change the price or bitcoin value in an instant.

[cacakuswaya]

it is true the Asian countries have a role in the development of bitcoin especially I was in Indonesia, and Indonesian society was a lot of that plunge in the world of cryptocurrency.

[ChrishAi28]

China has the greatest influence on bitcoin because china have the highest population in the world.and i think china holds the highest portion of bitcoin and most investors and traders are from china.

[The KGB]

Obviously that China, there is not other answer for this question because it is obvious that China and Japan have the most biggest bag of bitcoins so far