Which Asian countries have the greatest influence on bitcoin?

[kaybounty]

China is the closest participant after The United States with the percentage of participants 29 percent.  China has the biggest impact on the trading of Bitcoin because it has more exchanges and is technologically savvy country. China is one of the leaders because it has massive miners. The wallets for the Cryptocurrency has been increasing from 5.8 million to 11.5 million that are currently active and working.

South Korea is also one of the countries that making impact on Bitcoin value. Remittance companies are already using and mining it at a large scale that has significant impact on Bitcoin value.

Other Asian countries like North Korea, India, Russia... are also making big impact on Bitcoin.

[iam_aayushiJ]

[btc price](https://coinswitch.co/coins/bitcoin)

[Dyiyooo]

I think China is the most influential country in Asia for trading bitcoins.

[bitcoinman93]

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

I believe the bitcoin is actually still ran mostly by Asian countries with US regulation still in jeopardy. China, Japan, South Korea are the main players in my opinion for now

[Menawikitajodohkok]

Asian countries with the biggest bitcoin influence in India, Japan, China, China, because this country is very big impact from the start of the price that often change. and finally have a good impact on the country

[iam_aayushiJ]

India China and Japan have a greater influence on bitcoin, you can trade coins from this exchange if you are residing in Asian https://coinswitch.co/coins/bitcoin

[anyixuan]

Yes, I think the ranking of countries that have influence on cryptocurrency is
First China. Second Japan. Third Korea. The three countries have the greatest impact on Bitcoin. At present, Japan's opening up is the best. China should also open cryptocurrencies.

[Paka1]

As fas as I know one of the asian countries that have greatest influence on bitcoin is China. It has great impact, since its a big nation with huge participants when it comes to crypto currency such as bitcoin. Chinese people are more knowledgeable about virtual currency since it is accepted in their country as a means of payment as well as when it comes to investments.

[warning_btc]

In Asia allocated most of developing countries, where peoples see in bitcoin opportunity to get rich.
Thats also my reason staying here

[irenegaming]

The country with the greatest influence on Bitcoin has to be China as most of the miners are concentrated in China. Also the Chinese people had invested heavily during the early days of Bitcoin. But that trend is changing and people from Korea, Japan and India are also investing heavily into Bitcoin.

[MrHertz]

In my opinion, the best country in cryptocurrency it's Japan. Japan is a country that has a great influence on bitcoin. And maybe South Korea have a great influence too.

[ribowo76]

For now China or Japan may be the biggest market of crypto in Asia. But I hope, one day Indonesia can become one of the largest market in Asia

[OscarWatson3213]

Recent bad news from Asian countries Bitcoin price is going down very fast. And china have the biggest number who mines bitcoin.

[smithryan]

Yes that is right, japan is the very first country who legalize bitcoin in their country, therefore we can say that they have strong foundation on bitcoin,That is why it has been reported and the people in Japan was somewhat informed by the existence of it. Although bitcoin claimed to originate in Japan, South Korea still ranked to have the greatest influence of bitcoin in Asia.

[roshanface123]

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

There are two Asian countries that get more and more interest in the cryptocurrencies. The citizens of Japan and South Korea are found to be investing more in the digital currencies. People from these two major Asian countries truly embrace bitcoins.Many merchants use it for their business, too.
As a result of China’s crack had a big impact on this situation.
Japanese government has officially recognized digital currencies as means of payment.

[ardibimbim]

I agree with you, China and India are Asian countries that have the greatest influence on Bitcoin and Crypto now follow them is South Korea. China and India have a large population that helps in this influence, many people in their country are attracted to bitcoin, especially Japanese society is very open with the presence of new technology, that is what makes Japan more advanced, so bitcoin will be more popular and growing.

[5ensei]

For those that were following the events late last year you will know what happens when China spreads some FUD around, the value goes down dramatically so they are very influential. Also South Korea as there are many exchanges over there

[TeQuiero]

Despite having a huge number of population, India plays a minor role on bitcoin in Asia. Some of the biggest influencers should include China, Japan and Korea.

China, with Bitman, BCH, NEO and a lot of successful ICOs is the leading country in the region. Its influence will dramaticly increase if the government legalizes bitcoin someday in the future.

Japan and Korea follow by the hype for bitcoin. The two governments are more open and already had policy to bitcoin administration.

Besides, Singapore is ideal country for ICO registration and Vietnam is a huge market of crypto since its people love trading & gambling.

[gsingh]

China used to have a lot of influence over bitcoin a few months ago when it was more than relevant, i think that the most important now is Japan

[135cc]

i think a lot of country that already contributing in bitcoin but, maybe Japan become the most influence country in bitcoin the world.