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Author Topic: Which Asian countries have the greatest influence on bitcoin?  (Read 3953 times)
EdwardARiley109
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August 29, 2018, 09:59:56 AM
 #501

Korea has the largest Bitcoin trading volume and value worldwide. Investors here are affected by political turmoil in this country, so start worrying about storing money in the country. Due to the huge demand for foreign investment and money storage, they are looking for cryptocurrency because it meets the needs of investors who need to easily multiply their initial capital.
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Gramna
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August 30, 2018, 09:41:56 AM
 #502

I think the Asian country that has the greatest influence on Bitcoin is China because of the fact that there is an enormous number of traders and investors from China, that is besides the fact that they have banned Bitcoin for some time. The banning and strict regulations didn't hinder the fact that a lot of their people are so much into crypto currency. Now they even have their own coin, NEO, which is very a promising coin I may say. 

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August 30, 2018, 10:59:15 AM
 #503

China and Japan have a big influence because their economy is good and the important thing is that bitcoin in their country has been legalized.
pro army
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August 30, 2018, 05:44:14 PM
 #504

I guess china has the greatest influence on bitcoin except japan and korea. Because china have the bigest popular in all country and most of the investors are from china. And china have the biggest number who mines bitcoin.
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August 30, 2018, 06:43:28 PM
 #505

Statistics show that in 2017 these countries accounted for more than 50% of the volume of crypto-currencies. If bitcoin and other crypto currencies are not traded in three large Asian countries, it is unlikely that the coin will feel good in the long run
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August 30, 2018, 08:07:33 PM
 #506



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
Southern Korea and Indonesia have proved to be one of the strongest players on the market.
This might be because of the increasing digitalization of the societies of these countries and huge interest to all technologies that are related to digital currencies.

frankiemalton
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August 30, 2018, 08:12:58 PM
 #507

China is a country that has remarkable achievement in every field of life. It has also excelled in the field of digital trading.
ronics
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August 30, 2018, 09:33:28 PM
 #508

As long as a mining is really centered in China it is said that the country still has high inplacements in a bitcoin, as China's transit will have more impacts on the area, except for the most prominent areas and high-yielding bitcoin in every area and centers of India, Korea and Japan. If this is the case with the rules behind a technology behind it, Singapore-based companies based on news are really foremost.
Ividanik
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August 31, 2018, 11:53:52 AM
 #509

85% of the Pacific Asia's exchanges are not registered and therefore hold no license. Most in China based exchanges aren't registered either. I doubt that their impact on Crypto would be anything worth mentioning.
Mariela
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August 31, 2018, 12:25:16 PM
 #510

I think the most influential country in Asia when we talk about bitcoins is Japan.
Most establishment in Japan are accepting bitcoins and the good thing is even you have no fiat money there is no problem when you are in Japan you can survive through bitcoins.
laracastvue
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August 31, 2018, 01:21:51 PM
 #511

Korea has the largest Bitcoin trading volume and value worldwide. Investors here are affected by political turmoil in this country, so start worrying about storing money in the country. Due to the huge demand for foreign investment and money storage, they are looking for cryptocurrency because it meets the needs of investors who need to easily multiply their initial capital.

It was a very good news that there are a lot of people in korea who are interested in cryptocurrency which means that the community for bitcoins is keep on growing.
Lady Coquet
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August 31, 2018, 02:02:09 PM
 #512



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 and Japan is the greatest influence on bitcoin, that is why when since China started to banned bitcoin it started to dropped its price real bad because they have a huge numbers of bitcoin traders in their country. Unlike Japan it only has low numbers of bitcoin traders even they started to legalized bitcoin.
7Dyoknga5
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August 31, 2018, 02:18:35 PM
 #513

China would be a big impact on bitcoin especially considering their large population.

But with regards to technology, Japan will also be a good contender as they have the most technological advancement in Asia or might even the world. Majority of their people might easily adjust to bitcoin's new technology.

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sakokinak
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September 01, 2018, 10:52:01 AM
 #514

Korea has the largest Bitcoin trading volume and value worldwide. Investors here are affected by political turmoil in this country, so start worrying about storing money in the country. Due to the huge demand for foreign investment and money storage, they are looking for cryptocurrency because it meets the needs of investors who need to easily multiply their initial capital.

I am sure you do not mean North Korea. Besides this country, Japan and China are the countries where the cryptocurrencies affect the life of a lot of people that live there.
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September 01, 2018, 01:19:45 PM
 #515

I think korea is the greatest influence country for bitcoin market in the world. This can not be separated with the fact that korea have one of the strongest market bitcoin in the world. Beside that the financial authority of korea also already accepting bitcoin as their legal.
Jhonthor
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September 01, 2018, 03:27:14 PM
 #516

I am sure to say JAPAN because there is bitcoin born
Diablesfunis
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September 01, 2018, 03:45:44 PM
 #517

I think it's korea, china and japan, korea bring a lot of people that are crazy about crypto as we've seem the kimchi premium price on most crypto, and if there's coin that get listed in Korean exchange that's basically great for those who already hold them. China also the same and most of the miner come from there, japan is also great with the regulation about crypto.

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Xisunheber
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September 08, 2018, 02:35:02 AM
 #518

I think Japan will be the pioneer to use bitcoin among Asian countries. But if India Come forward then India has also great opportunity to become pioneer, as the population of India is very large.
SnowAugustine
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September 08, 2018, 03:02:01 AM
 #519

Based on the number of news that I have been reading. The countries I see the most in news when it comes to cryptocurrency are China and South Korea. And it's not only bitcoin but also blockchain technology as a whole. China is already going cashless and I am sure that more countries are going to follow.
NevejElad
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September 08, 2018, 03:48:12 AM
 #520

The asian country which had the greatest influence of bitcoin ,I think it is japan ,the founder of bitcoin which is anonymous they think come from japan country, so japan are now also using cryptocurrency.
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