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Author Topic: Which Asian countries have the greatest influence on bitcoin?  (Read 3953 times)
Brangos99
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September 15, 2018, 01:33:51 PM
 #541

Japan is an Asian country that has a big influence on bitcoin. This is because, Japanese financial authorities have legalized bitcoin as the official currency in the country. The act of legalizing Virtual currencies in Japan has the potential to have a big impact, because there are many rumors about Bitcoin support.
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September 15, 2018, 02:12:41 PM
 #542

I think that Korea and China are the most influential countries in the world of Crypto, this is proven when the value of BTC dropped very far yesterday because of bad news about Crypto spread in China.
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September 15, 2018, 02:36:19 PM
 #543

I think that Korea and China are the most influential countries in the world of Crypto, this is proven when the value of BTC dropped very far yesterday because of bad news about Crypto spread in China.
their citizen really conscious about technology.so no doubt their country give big contribution in cryptocurrency market.if from these country we heard good news, its directly impacted to bitcoin price
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September 15, 2018, 03:17:26 PM
 #544



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

Many Asians countries are into to cryptocurrency. It increased the number of investors and also transactions. China, Japan and India are the biggest contributors in cryptocurrency. Also Philippines, Pakistan and other countries also have contribution in cryptocurrency.
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September 15, 2018, 03:29:16 PM
 #545

I think the asian countries have rge greatest influence on bitcoin is china because when China start to banned bitcoin a huge price of it decreased from that incident. There are a lot of investors in china that is why it has a huge effect on the price of bitcoin.

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September 15, 2018, 05:28:56 PM
 #546

Japan, South Korea, and China are the countries that have the biggest influence on bitcoin in Asia.

Japan: In April 2017, the Japanese government and lawmakers gave digital money the legal tender status in the country. More than a lot of bitcoin and cryptocurrency exchanges operate with licenses issued by the government in Japan.

Then, South Korea. This country has experienced massive bitcoin trading activities in the past. Also China, at one time, about 80% of the daily trading volume of bitcoin comes from China.

Other Asian countries such as India, Vietnam, Singapore, Thailand, and Indonesia all contribute to the growth and popularity of cryptocurrency,
Cripinggedang
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September 15, 2018, 05:48:07 PM
 #547

Indian will have good impact on the prices of Bitcoin


I think that now Japan has surpassed China to become the country with the first volume of BTC transactions, many people in Japan know about BTC, and many businesses also support BTC trading! The impact on the BTC is amazing!
Before China banned BTC, the impact of China on BTC was very good!
Moshaid
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September 15, 2018, 05:48:50 PM
 #548

I will choose Korea first, then consider china and Japan to be next. Korean has been displaying news blockchains system over the few years and also the people of this country are starting to accept cryptocurrency widely.

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September 15, 2018, 05:49:47 PM
 #549

China does have a big influence in the world economy not only in the crypto market, which they already have but in the real world China is very influential after America, of course, has a lot of qualified human resources and good business education is a factor why they are very influential
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October 03, 2018, 09:54:47 PM
 #550

Based on what I've heard its on Japan right now and nothing can really stop the rise of cryptocurrencies. It is convenient and dangerous. Once it becomes a mainstream national/global standard, the central banks will have already taken control of it. The IRS will be involved. Regulations aplenty will follow. And then we will be left with fewer purchasing options then ever before. Because businesses are prone to theft, sometimes by employees. Wouldn't you go all electronic to safeguard against it? It won't take long before cash is rarely accepted. Very few options. And there are other concerns. As a matter fact, a single click of a mouse can freeze all your electronic assets. Don't think you can get around it when using the internet. The Fed may sell the masses on the idea of bank access through RFID chip and if that goes mainstream, get ready to accept the Mark of the Beast. It will monitor your health and location while taking away personal privacy and many freedoms. It will also be your wallet and you will not be able to buy nor sell without it.
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October 04, 2018, 12:00:12 AM
 #551

I think that Korea and China are the most influential countries in the world of Crypto, this is proven when the value of BTC dropped very far yesterday because of bad news about Crypto spread in China.
their citizen really conscious about technology.so no doubt their country give big contribution in cryptocurrency market.if from these country we heard good news, its directly impacted to bitcoin price

South Korea already regulating cryptocurrency and many their people have good knowledge about cryptocurrency. China will make crypto market more bigger if government allowing their people investing on market. Beside both country, never forget Japan because Japan is one of first country that allowing bitcoin for payment

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October 04, 2018, 09:24:31 AM
 #552

more on all news coming from China, this is expected, since bitcoins are mined there, in spite of all prohibitions
RokokGudangGaram
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October 04, 2018, 09:36:18 AM
 #553

surely China is the most influential on bitcoin, because with the bad issues in the name of bitcoin, the price of bitcoin can be directly destroyed drastically, because in their country the most bitcoin holders and the government also receive it well from the past

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October 04, 2018, 10:06:35 AM
 #554



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 are close competition. China have more people who are crypto literated. Japan is loaded with cash to invest in anything they want. this 2 country lead the way.
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October 04, 2018, 10:55:52 AM
 #555

Of course China is a country that has an influence on the price of bitcoin, because from China many large investors in the crypto sector, China can make the price of bitcoin rise high and China can also make the price of bitcoin drop dramatically, I think this is their trading strategy.
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October 04, 2018, 11:19:42 AM
 #556

China and India are Asian countries that trade a lot of bitcoin, and the country has a big influence on bitcoin in Asia.
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October 06, 2018, 01:35:01 PM
 #557

If I am not mistaken at the moment America has a great influence on bitcoin. I read that it ranks first in terms of trade.

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October 06, 2018, 01:56:33 PM
 #558

If I am not mistaken at the moment America has a great influence on bitcoin. I read that it ranks first in terms of trade.

Barely any stores in America accept cryptocurrency.  Merchant adoption is a lot higher in China and Japan.
Japan always seems to be ahead of the curve with technological advances.  Just be patient and give it some time, eventually the world will be using some form of cryptocurrency.
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October 06, 2018, 03:21:03 PM
 #559

I think China is the greatest influence on bitcoin as the history said itself that Satoshi Nakamoto who is from Japan then he go to China to see it to the people that he invented the first digital money .
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October 07, 2018, 01:34:10 PM
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 #560

I think countries in Southeast Asia and East Asia are the countries that have the greatest influence on bitcoins. These countries are considered to have many internet users, so they are easy to access bitcoin and a few other things. Not only the population of these countries are very young, they are inquisitive. Therefore, they have a relatively large influence on the bitcoin.
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