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Author Topic: Which Asian countries have the greatest influence on bitcoin?  (Read 4021 times)
kovpet11
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June 04, 2018, 02:07:23 PM
 #181

Probably China is the biggest influencer of the Asian region. You just need to think about that times, when China has banned crypto...

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June 04, 2018, 02:20:26 PM
 #182

japanse and india is the most i think , after china was ban bitcoin
also my country indonesian take a part but not as jappanse and india
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June 04, 2018, 02:56:17 PM
 #183

yes you are right asia country currently has a very high bitcoin demand because it seems in many Asian countries who already understand the use of digagal eye unag and they also understand can be rich from using bitcoin.
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June 04, 2018, 03:00:26 PM
 #184

Well there are two countries in my mind, japan and china. Both of them gave quite impact in bitcoin few times ago depends on what they do.
China often do things that make bitcoin price decrease, and the market fall. We can't deny that china has a really big influence, especially in economy. so it's not weird to see how people react if china choose not to support bitcoin.
But Japan is very supportive of bitcoin. I always heard good news about cryptocurrency in Japan, and it make a lot of people believe in bitcoin and even try to invest in it too because of Japan good words and support.

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bohtrung3
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June 04, 2018, 03:02:20 PM
 #185

I think there are some Asian countries that have the biggest influence on bitcoin is china, korea, japan, but in my opinion, Japan is the first to have effect on bitcoin because Japan has led the movement of this system and start trying to reach btc which will exceed the economy in the country of China for now.
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June 04, 2018, 03:17:29 PM
 #186

Asians know how to deal with technology and probably they are the fastest developers in the entire world. In my opinion, China and Japan are the biggest countries with bitcoin influence
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June 04, 2018, 03:36:04 PM
 #187

i think India is influence from Bitcoin because Indian peoples are know how to lead in technology. Hope indian government agency will be allow Bitcoin as a second crunncy.
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June 04, 2018, 03:37:44 PM
 #188

I think the countries which has the greatest influence is both China and India. Due to their large population and innate sense in technology, people their are more inclined to do Bitcoin. Take note also that in their country Bitcoin is well known and a large portion of different communities consist of people from these countries.
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June 04, 2018, 04:22:16 PM
 #189



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

In my opinion, I think the countries such as China, Japan, and Korea are the Asian countries that have or will have a huge contribution in bitcoin. They have an enormous possibility that encourage and influences others to try bitcoin out because of they have a lot of business minded person and business thinkers. Having that kind of people, I guess cryptocurrency sounds new and good to them.

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June 04, 2018, 04:28:47 PM
 #190

japanse and india is the most i think , after china was ban bitcoin
also my country indonesian take a part but not as jappanse and india
Earlier China was leading in the bitcoin investors as China government banned bitcoin now obviously the next highest populated country is India, so now India has the greatest influence on bitcoin. India now slowly increasing in the users of the bitcoin in future it may even grow in a faster rate.
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June 04, 2018, 04:42:46 PM
 #191

Currently the largest market share is in the country of China, why because China is currently trading in controlled by the country, japan, India also has a great influence on crytocurrency
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June 04, 2018, 06:04:36 PM
 #192

We have seen that Chinese government officials shut down local bitcoin exchanges. So, this move was enough to make Japan the new No.1 bitcoin market by trading volume on exchanges (three of the top five global exchanges are in Japan) and the Japanese Yen the No.1 currency used to buy bitcoin
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June 05, 2018, 04:00:48 PM
 #193

Countries like China do have a big influence on Bitcoin, followed by India, Korea and Indonesia, but with what I see and I read, the State of Japan is now the country with the greatest influence on the development of Bitcoin, because there are already using Bitcoin as a tool to perform various payment transactions. There are so many companies in the country that pay all their employees' salaries by using this Bitcoin, so Japan is a very big country to develop this Bitcoin in Asia.
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June 05, 2018, 04:06:00 PM
 #194

I would say Japan, Korea, and China but more and more Asian countries are adopting Cryptocurrencies. Japanese are the largest foreign exchange investors as well. Japanese like speculative investments.

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June 05, 2018, 04:06:56 PM
 #195

I guess China has influence on crypto merely because of its population, like India does. Although ICOs are banned there, this doesn't stop people from investing in projects around the globe. Right now China seems to be manipulating blockchain : first declaring it illegal and now issuing statements endorsing Ethereum and recognising the value of blockchain. Probably they want to leverage crypto to achieve heir own goals, perhaps modify it somehow  
(i.e. come up with their own national blockchain that might not be decentralised).
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June 05, 2018, 04:47:16 PM
 #196

House is a country that has a great influence on bitcoin. The Japanese government encourages people to use bitcoin. Japan wants to build the capital city bitcoin. Japanese people see bitcoin as a national currency.





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June 05, 2018, 04:52:13 PM
 #197

I think China is influencing Bitcoin more. Even though China have banned Bitcoin transactions, the people of that country is contributing more towards crypto currency. China has more number of mining done in their country as well. Next to China I can say it should be India, this country hasn't took any stand on crypto until now and there are more people involved in crypto trading.

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June 05, 2018, 04:53:31 PM
 #198

As for my opinion, I think that the country of japan has the greatest influence with bitcoin. As of now, japanese already considered bitcoin as a official currency.

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June 05, 2018, 04:54:48 PM
 #199

Like Japan, that's because, Japan's financial authorities have legalized bitcoin as the official currency in the land of the sakura. "So prices in Indonesia tend to follow that in Japan alone
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June 05, 2018, 05:18:49 PM
 #200

I think Japan is a big influence on bitcoin. Japan has the third largest economy in the world. The Japanese government encourages people to use bitcoin. There are a lot of Japanese people investing in bitcoin.
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