Which Asian countries have the greatest influence on bitcoin?

[thresher]

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

These countries that named like India,Japan,Korea and China are the countries with most number of users of bitcoin,so anything news coming from these whether  it's good or bad these will have an impact to  bitcoin.These countries are great influenced for the progress and downfall of bitcoin.

Yes I also think that Japan is currently the best country where bitcoin has great influence. I think that is also a fact that there are some other countries in Asia which are also giving more preference to use bitcoin in their countries.

[spartanrules]

Without any doubt China has great influence on Bitcoin, because it has great mining power. But from the point of view of big money Japan and Korea also can affect to Bitcoin.

[marcosfx]

The first thing is coming into my mind to say that Japan is having a possibility to promote bitcoin greatly among the world and China's having the resources to make bitcoin great again.

[Viranz]

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

Of course, where is Bitcoin from Japan, because there are lots of transactions with bitcoin. Therefore, Japan is an Asian country that is very influential for bitcoin.

[hubballi]

Without any doubt China has great influence on Bitcoin, because it has great mining power. But from the point of view of big money Japan and Korea also can affect to Bitcoin.

China was having influence on bitcoin before Japan and korea had declared Bitcoin as legal currency. As Both this country are progressing very fast in crypto world. Very soon their is going to be a big mining site in Japan, then i think China will be loosing the mining status, even China is curbing the miners so it is no more Bitcoin country.

[RockBar0]

Without any doubt China has great influence on Bitcoin, because it has great mining power. But from the point of view of big money Japan and Korea also can affect to Bitcoin.

Not much discussion. Countries with the most developed economies in the world in Asia. They all affect the electronic market and the bitcoin of money for economic transactions. Highlights include Japan and China.

[ridertiger]

Well, China has been definitely losing its grip on the cryptocurrency world, so the negative things they are doing lost their FUD value long time ago.

[wpc143]

Without any doubt China has great influence on Bitcoin, because it has great mining power. But from the point of view of big money Japan and Korea also can affect to Bitcoin.

Not much discussion. Countries with the most developed economies in the world in Asia. They all affect the electronic market and the bitcoin of money for economic transactions. Highlights include Japan and China.

I also agree that China and Japan have the greatest influenced with bitcoins and all other crypto coins. In fact, a lot of people are likely to invest on this kind of business and they have impressive high end technologies in mining.

[Barcode_]

Well, China has been definitely losing its grip on the cryptocurrency world, so the negative things they are doing lost their FUD value long time ago.

It is actually good to see China losing its power to influence the price of bitcoin, and it seems that after the massive ban of crypto-currencies exchanges to cease operation in china was enforced for almost one year, the negative news announced by the Chinese officials recently are also starting to have less effect on the price of bitcoin and I believe this would be better for the growth of bitcoin in the long term.

[ashfer]

Japan is the Asian country which has the greatest influence in bitcoin because bitcoin could help Japan while the Japanese economy was in trouble. Bitcoin has its own role which is unavoidable to overcome Japanese troubled economy by operating parallel to their national currency, since bitcoin will not effect any such inflation.Bitcoin was helpful to overcome the Japanese troubled economy.After resolving the Japanese economic problems the government has approved bitcoin to operate parallel to the Japanese currency and hence bitcoin has the greatest influence in Japanese economy.

[putrii]

I think Asian countries are very influential on this blockchain and bitcoin technology very much, one of which is China and Singapore and several other countries that have developing economic conditions.

[ufalo3]

I think Korea, japan and also china have the geratest influence on bitcoin.

I guess that will be mostly China.

There are a lot of countries that has a lot of Bitcoin users and holders but the greatest countries that influences Bitcoin is China. Even though China banned Bitcoin, there are still a lot of miners of cryptocurrencies on that Country.

China is really the most progressive county nowadays if we speak about the cryptocurrency. South Korea and Japan are also the counties, which use the blockchain technologies in many spheres of life and deal with crypto.

[tazmannia]

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

Yes, you are right that the Asian market of traders greatly affects the situation with bitcoin, but I can assure you that now in the early autumn of 2018, the situation has changed a lot, not only Asia can affect the price of bitcoin, but also Europe, Latin America and North America.

[crwth]

I think countries like Japan, China & Korea have the most considerable influence on Bitcoin. Since these are the countries which have access to better technology, updated equipment, and fast internet connection, I bet these are the ones genuinely interested. Plus they’re Asians, they like math and analyzing stuff, that’s so easy for them to understand the Bitcoin process. Also, these are the countries that have high rates of incorporating btc to their systems.

[Incodium Coin]

Japan and Korea. these are the countries where young people adopt new technologies faster and have enough disposable income to invest. Also, the restrictions in China have limited the extent to which China affects BTC

[BrianDCampbell343]

Korea is the world's number one Bitcoin trading volume and value. South Korea accounted for 21% of total trading volume. Korea will become the focus of Bitcoin.

[Buttermellow]

Probably china have the greatest influence on bitcoin among all asian country's. Because almost all traders and investors are from china. And the other country next to china are japan and korea.

Well i could not argue with that countries being stated who had greatest influence on bitcoin in the asian countries however there could be another country that could be on that level with those countries being stated like Philippines i am proud that the Philippine government to which country i am living in had accepted and embrace cryptocurrency.

[Ianbadz2000]

Yes china is the most influencive countries in bitcoin,as we heared previous news they got banned so they were so very dissappointed of that,,but still there miners have done through it to bitcoin,,and not just china many countries are now in food terms in using bitcoins as their virtual currency.

[patarfweefwee]

I'd think I'll out my money down on Japan ad the biggest influencers in the crypto currency trade being that many stores in that area are accepting crypto currency as payment for goods and services abd alot of the people there know of crypto currency and even own crypto currency. I'd even dsy that I've seen 3 ICO from japan for that matter.

[cr7]

In my opinion, despite the prohibitions, China has been a leader in this field, and remains! There are concentrated large amounts of bitcoin mining and cryptocurrency exchanges!