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Author Topic: Which Asian countries have the greatest influence on bitcoin?  (Read 3953 times)
Ranly123
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July 10, 2018, 05:49:00 AM
 #401

China has the greatest influence on bitcoin. It has the biggest population in the world.

I thought so too. Since China has made many ICO in the past, they have been on the pioneering nation's to adopt cryptocurrency. Maybe India has also made influence in cryptocurrency because of their dedication to technology.

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July 10, 2018, 05:52:15 AM
 #402

maybe one of them is in singapore country which has a very good cryptocurrency development because in Asian countries seems to have some countries that have demand and circulation bitcoin
singapore good in their regulation, but community in thi country still developt.korean and china is biggest country that have big role and most influential

we cant say because we are living in different country since I am living in here in the Philippines I can say that the influence of bitcoin here is good enough to say, since the government are neutral when it comes to crypto talk and many companies are accepting bitcoin as payment.
while our goverment in neutral position, actually it good enough for crypto community developtment. no restriction in their activity ,especially their exchanger in safe mode.and investor dont affraid with their money.
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July 10, 2018, 07:05:01 AM
 #403

In my opinion two largest country in population, China and India are the greatest influence on bitcoin or cryptocurrency.  Largest population and the growing of internet penetration in both country.
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July 10, 2018, 07:19:39 AM
 #404



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

Beside china and India, South Korea is one biggest country in asia. South Korea daily transaction volume always increasing and right now, south korea already regulate cryptocurrency, i am believe this will bring crypto transaction growing bigger
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July 10, 2018, 10:04:24 AM
 #405

I think it's Japan because it is also believed that it's the country where Satoshi Nakamoto lives or originated. Even if Japan is already a 1st class country with the love of technology, still they utilize bitcoin and even testified that their economic status is getting even better since they embraced the said technology.
Yeah Japan is the land of technologies then now they can forget about bitcoin, I think bitcoin is the best currency which gives good output to any country and that’s the reason any almost everyone is now accepting the power of bitcoin, same as Japan, now china, Philippines and a lot of more countries are taking step ahead to bitcoin so I think now almost 90% of well developed Asian countries are switching to bitcoin,
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August 07, 2018, 09:59:28 AM
 #406

As before, China is the leader. Japan is also increasing its influence. Next come Korea and Singapore.
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August 07, 2018, 10:08:52 AM
 #407

China has great influence on Bitcoin due to the number of exchanges located in China. Also, their population is significantly high as compared to the total population on earth and as such the Chinese government ban on Bitcoin really had a negative impact on Bitcoin as it drew off a lot of Chinese investors from Bitcoin and created a lot of FUD.

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August 07, 2018, 10:12:57 AM
 #408

In China. There are many bitcoin mines. And it occupies the highest rate in the world. China's influence is the largest in the world for bitcoins. If the Chinese government accepts bitcoin. The bitcoin will explode and go to the moon.


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August 07, 2018, 10:22:53 AM
 #409

Maybe Korea is currently the Asian country that has biggest contribution cryptocurrency market. the first in Korea has a crypto exchange that has the largest daily trading volume in the market, the two crypto communities are very large and the growth of this community is very large.
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August 07, 2018, 10:33:24 AM
 #410

because of the huge of bitcoin traders community, China and Indian have a great influence on BTC
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August 07, 2018, 10:37:49 AM
 #411

China and Korea, the first is the mining center and the second provides loads of investors and hype to crypto.
It's a good thing China is so limited with cryptos since they would have had too much control over some projects
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August 07, 2018, 06:15:14 PM
 #412

I think that in the first place it would be China because China is a super country with super power, and with influence above all other countries. And then the second place will take the Japan because they are leaders of the world technology progress.
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August 07, 2018, 06:57:49 PM
 #413

China government's personal currency exchange limits also have a tremendous influence on bitcoins and also other gold coin substitutes within the last few nearly a year. Beyond the exclude in e-currency exchanging recently, the subsequent goal in the China govt will be the home podium that permits centralized exchanging with no evidently delineating your big difference involving these kind of websites.
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August 07, 2018, 09:56:52 PM
 #414

For me, the clear answer is China as it doesn't only affect the cryptocurrency world but even the global market. China plays a vital role as it is one of the main financial contributor.

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August 08, 2018, 01:18:34 AM
 #415

In my opinion, south korea is biggest country in asia that can influence price. Mostly token or coin when listed on korea exchange, the price will surging up very fast because transaction volume very big. China is big country and have big potential but government ban cryptocurrency. Many big exchanger from china and i am believe china will playing important role in cryptocurrency market
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August 08, 2018, 01:24:53 AM
 #416

As far as I am, the very active state is korean chainess india but there are still many who try like Singapore Thailand including a little Indonesia
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August 08, 2018, 02:14:33 AM
 #417

In China. There are many bitcoin mines. And it occupies the highest rate in the world. China's influence is the largest in the world for bitcoins. If the Chinese government accepts bitcoin. The bitcoin will explode and go to the moon.
The territorial features of this country are enormous with many favorable conditions to do everything. Especially in the areas of technological and economic development. It is home to many terrible bitcoins and if the government accepts them. The amount of bitcoin that is dug is so great that it forms the basis of outstanding economic development.

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August 08, 2018, 02:59:12 AM
 #418

I would say China.
It has one of the biggest crypto exchange in the world right now, Binance. This is really a thing that encourage a lot of Chinese buy and trade cryptos which not many other Asians do not have.
ABout the technology, China is also very developing and having its own sillicon valey, Shenzhen. It is very promising. We may witness soon the economic boom in China that helps it take over the US in technology.
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August 08, 2018, 03:18:20 AM
 #419



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 is probably the most influential country in the money market. With a large population and high income, bitcoin is almost a means of money laundering of Chinese billionaires, they often silently hold a large amount of bitcoin to escape tax
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August 08, 2018, 03:19:18 AM
 #420

One motivation for purchasing crypto currency is to distrust the local currency. Considering that, Chinese yuan and Indian rupiah are very fragile. As a result, I think that Chinese and Indians will purchase bit coins..It is proof of China and India regulate crypto currency very strictly in the Asian region.
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