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Author Topic: Which Asian countries have the greatest influence on bitcoin?  (Read 4030 times)
Jessica2009
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June 27, 2018, 10:36:37 AM
 #361

Bitcoin has the greatest influence among the industrially developed countries world wide. In Asia Japan has got the greatest influence in bitcoin because Japan has derived before the bitcoins advantage during their countries inflation period. They could survive with the help of bitcoin during their financial instability to the country  They have decided to operate bitcoin parallel to their national currency yen because the bitcoin won't effect the inflation and hence they could survive the financial problems with the help of bitcoin.

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June 27, 2018, 11:07:54 AM
 #362

Bitcoin has the greatest influence among the industrially developed countries world wide. In Asia Japan has got the greatest influence in bitcoin because Japan has derived before the bitcoins advantage during their countries inflation period. They could survive with the help of bitcoin during their financial instability to the country  They have decided to operate bitcoin parallel to their national currency yen because the bitcoin won't effect the inflation and hence they could survive the financial problems with the help of bitcoin.
May be you right. But I think the country that has great influence on this market is China. As far as I can see, China is one of the countries with the highest bitcoin shareholding, so it will be a big influence on the crypto market. I think so .
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June 28, 2018, 03:46:47 AM
 #363

India can have major influence on bitcoin prices. There is huge untapped market there which can be interested in crypto.
stayeduptolate
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June 29, 2018, 07:06:09 AM
 #364



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 am completely agreeing with your statement that India and China are the only two Asian countries who has very great influence on bitcoin and I think these are only two Asian countries who has huge number of crypto traders. Being an Indian I would first like to talk about India. The conditions of bitcoin in India is not so good, RBI has already given notice that all people in India has to withdraw their money from all crypto currencies with in three months of notice dated 3/04/2018
ocid
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June 29, 2018, 07:32:34 AM
 #365

countries in parts of Asia that have a great influence on bitcoin are of course in Japan and China, if the Japanese state provides specific rules for bitcoin users, it can certainly affect the cryptocurrency market, but in fact Japan has inaugurated the existence of bitcoin. China may be the second country after Japan has the most influence on bitcoin.
Simon241084
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June 29, 2018, 07:35:01 AM
 #366

Yes, especially China. Not those of btc and of coin MLM, the developed Asian countries.
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June 29, 2018, 11:50:52 PM
 #367

I would say Japan, Korea, and China but more and more Asian countries are adopting Cryptocurrencies.Japanese people see bitcoin as a national currency.
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June 30, 2018, 12:00:35 AM
 #368

i think japan and china .. the second country that's the most influential in my opinion ..

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Ethannecessary1760
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July 01, 2018, 03:18:20 AM
 #369

When it comes to cryptocurency dealings, I will choose Japan and China as the best influential countries in Asia and even the whole crypto world. The system of japan when it come to bitcoin is very commendable.
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July 01, 2018, 10:48:38 AM
 #370

btc mining is centralized in china. and large number of exchanges happen in china. as long as this is happening, china will have the biggest impact on bticoin
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July 01, 2018, 09:06:17 PM
 #371

Its Asian countries that has the influence most especially the republicans of China because they have so much mining farm...
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July 01, 2018, 09:25:42 PM
 #372

if China always has much influence more than the others is for its regulations to the market of cryptocurrencies and for closing exchange houses and also because there is the largest mining farms in the world not if 40% Japanese then also by some hakers and india because cerrarom also exchange houses south korea always makes the coin drop selling a lot since there are organized trader groups that pull the coin down but the bitcoin is very strong always reciste those attacks and every time will go up more...

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July 01, 2018, 09:29:40 PM
 #373

China offcourse have the most influenced in the bitcoin because they have much population of people adopted cryptocurrency for long and they also have good electricity to mine bitcoin...
Noilee
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July 04, 2018, 06:04:11 AM
 #374

I think china because there a lot of people are the investors. The Asian countries that has the first to legalize bitcoin, and that is why some other countries was followed. The second Asian country is Japan, because most of their businesses are accept bitcoin as payments and a lot of people who trade are from Japan. So these two countries are still the great influence on bitcoin.
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July 04, 2018, 06:18:41 AM
 #375

I think both china and india had banned virtual currencies in their countries. Japan and Korea would be the next major influencers in Asia. I read that Thailand has started regulating and allowing virtual currencies in their country. I read somewhere here that more and more  asian countries are getting into virtual currencies now.

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July 04, 2018, 06:21:06 AM
 #376

I think china because there a lot of people are the investors. The Asian countries that has the first to legalize bitcoin, and that is why some other countries was followed. The second Asian country is Japan, because most of their businesses are accept bitcoin as payments and a lot of people who trade are from Japan. So these two countries are still the great influence on bitcoin.
i think korean is have big influence than japan right now.as we can see korean exchange, binance become biggest cryptomarket right now.and other cryptoexchange from korean have big daily volume trading.

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kristineirene
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July 04, 2018, 07:42:10 AM
 #377

The biggest Asian country that have a big influence is china we know for the fact that in this country its a lot of  business man.So more on they are using bitcoin although not of all in china know about the Bitcoin but most of it using specially the influential people.
Dayan1
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July 04, 2018, 09:32:53 AM
 #378

I think China is the most influential country in the market. When this government has any bad news for bitcoin, this is causing the market to go down. China is the most populous nation in the world, there is a remarkable development in science and technology.Inaddition,China has an economic development.The electronic trading platform of this country are many and have very large vol

Yes of course china , there is no question about that , knowing that china is the biggest in terms of geographical location and also china has the largest number of population around the world , they can literally control bitcoin's price if they wanted to unite , but of course it is impossible. Let us remember that the volume of investor are the one who will indicate what will be the price of a certain coin , and by that china has the greatest influence in bitcoin .

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July 04, 2018, 10:02:41 AM
 #379



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 own opinion, it was china because there are a lot of icos running in their country which lately has been banned by their own government so i think that their country has the most influenced place for cryptocurrency.

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July 04, 2018, 02:51:19 PM
Last edit: May 15, 2019, 01:55:55 PM by LeGaulois
 #380

The biggest Asian country that have a big influence is china we know for the fact that in this country its a lot of  business man.So more on they are using bitcoin although not of all in china know about the Bitcoin but most of it using specially the influential people.

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China is in trouble their currency is failing like the Niagara waterfalls. It's raising serious fears for the global economy and investors are worried in the majority. It also took many other Asian currencies in its path. The question is: Is China deliberately letting the yuan to fall? I am not an economist but I can see a worldwide crisis soon

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