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Author Topic: Asians are the most bitcoin holders in the world.  (Read 870 times)
jseverson
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September 19, 2018, 11:48:49 AM
 #21

How are you so sure? I tried to do a quick research on the subject and came up empty. It's hard to know who coins belong to, and much less where they came from.

That being said, while Asia seems to dominate the trading volume (Japan, China before it), Asian news don't tend to move the market as much as American news do. Neither means anything except that we can't really draw a proper conclusion without actual numbers.

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zhanyiguai261315
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September 19, 2018, 11:50:46 AM
 #22

Because the creator of BTC may be Asian!
Most of the world's mines are also in Asia, and BTC is also a legal cryptocurrency in Japan!
BTC is very popular in Asia, many people hold BTC!
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September 19, 2018, 12:10:54 PM
 #23

bitcoin was born in Asia, and the majority of users are also Asians.
Even if this information is true[1], it will not make a difference.

Is it true that the majority of bitcoin holders are Asians? anyone can tell me
Based on this report, 55% of Bitcoin "Circulating supply" stored in investment Wallets[2].
It means that the trading platforms occupy the largest share of the total number of these bitcoins, most of these platforms are outside Asia.
No one can locate the remaining coins. But it's hard to say that most of the currencies are in Asia.

[1] https://en.wikipedia.org/wiki/Satoshi_Nakamoto
[2] https://cointelegraph.com/news/report-majority-of-circulating-bitcoins-stored-in-investment-wallets

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September 19, 2018, 12:12:05 PM
 #24

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

Links to info/sources about bitcoin being "born" in Asia please... Roll Eyes Roll Eyes
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September 19, 2018, 12:13:13 PM
 #25

Because the creator of BTC may be Asian!
Most of the world's mines are also in Asia, and BTC is also a legal cryptocurrency in Japan!
BTC is very popular in Asia, many people hold BTC!
we should say thank  you to asian people , especially for chinese , korean and japanese.in those country give big contribution to cryptocurrency market.

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September 19, 2018, 12:56:49 PM
 #26

before china banned bitcoin , i think the answer is yes , but after that the bitcoin holders are equal for big country like canada , america , argentina and etc , i mean doesnt have the "most " of holders

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September 19, 2018, 12:59:54 PM
 #27

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

I guess that would be hard to know which country is holding most of the crypto currency. However I am pretty sure Asia might just have out numbered right now because most of the asian countries are the one who has banned the crypto currency. For example, China and India are the number 1 and 2 densely populated countries in the world and they are banning it which means most of the asians are out of the way.
I guess Russia and Europe might be the one who are holding most of the coins in their wallets.
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September 19, 2018, 01:47:20 PM
 #28

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

Let us review first now for what country so far where bitcoin was being opened along Asian place, I think those are India, Indonesia, Vietnam, Philippines, China, Japan, Singapore and Hongkong, these countries which I had mentioned was surely they have crypto/bitcoin enthusiast to each of them, but I'm not sure if Asian nations has a big percentage of Bitcoin holders.

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September 19, 2018, 01:51:48 PM
 #29

That's right, moreover Japan and China are the biggest and biggest bitcoin holders in Asia. because from the beginning there is bitcoin in this world that is the most holding is asians than the others

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September 19, 2018, 02:10:34 PM
 #30

I think it doesnt mean anything if the bitcoin was invented in the asian country because later on many things have changed because of different factors that are N-number to list in here. This includes different countries changing their views about the crypto currency right from the bitcoin and altcoins. I mean take example of any non-asian countries and you will see most of them are positive about it and having acceptance of the same since many years now. Take America and Europe where the use of bitcoin is lot more than Asia because they have the right infrastructure for it and government is also positive about the whole stuff. So I doubt that Asia is the number one holder of the crypto currency.


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September 19, 2018, 02:35:58 PM
 #31

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

it is hard for us to tell even that we research it because we are all anonymous here even the research might fail to give us a right data about the largest county or continent who uses bitcoin maybe asia but the most influencer might go to a large county.

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September 19, 2018, 02:48:29 PM
 #32

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

say it is true, moreover, Asia, especially Japan is the birthplace of BTC, in my own country in Southeast Asia, BTC is being loved by many people because of something new and interesting, especially if we are smart to invest or trading can generate big profits, with risk the big one is of course hehe
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September 19, 2018, 03:00:00 PM
 #33

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

I have read an article once, and I somehow chance upon a statistic supporting this claim. I think that there is truth to this because of the fact that Asia is one big continent that has a lot of people in it just like China and India. Both countries, are quite inclined with finding innovative ways to improve their business sectors and investments markets, plus all other Asian countries that are eyeing to improve their economies through the same system. And so, it's not too hard to believe that there is really truth to this fact because of how competitive the Asian market is.
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September 19, 2018, 03:16:28 PM
 #34

This idea might have stemmed from the fact that most bitcoin miners are from Asia so you automatically assume that most of the holders are in there as well. It has something to do also with the false info o the creator of bitcoin being Asian. IMO, there are many hodlers in the asia, but the whales are in the west.
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September 19, 2018, 03:25:54 PM
 #35

bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

It wouldn't be a stretch to assume they are as Asia has more than 50% of the world's population with 4.4 billion out of the total population of 7.4 billion. So a proportional share would also find them having a majority of the crypto holdings. Whether or not this is actually true is another question, as the western world is far richer than Asia as a whole, although finding it to be true just shouldn't be surprising. What makes you say that Bitcoin was born is Asia though? Is it just the name Satoshi Nakamoto, because that's not necessarily a good reason to assume that person was actually Asian.
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September 19, 2018, 03:33:56 PM
 #36

Yes,  majority of cryptocurrency holders and investors are mostly from Asia. Though,  there was a massive decrease of investors during the initial period when China banned ICO but after that,  we have start seeing more investors. But of course,  because of the restrictions in China participating  ICO we are seeing more holders from Japanese because their government accepted cryptocurrency with open hands.

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September 19, 2018, 04:05:03 PM
 #37

Crypto users in Asia are also not inferior to Europe that holds a lot of bitcoin. We know together that the Nakamoto Satoshi who created Bitcoin came from Asia, namely from Japan, so that Asia should not be underestimated by countries in the European continent. and America without being from Asia other countries cannot know about bitcoin, therefore many are interested in bitcoin because bitcoin has a good future even this is called new technology which is growing in the wider community in the world.
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September 19, 2018, 04:38:41 PM
 #38

Kudos to those Asian countries who had fully adopted and  fully embrassed bitcoin having proved to the world the benefits of using bitcoin  I am not surprised that they are the major hodlers globally and a force to reckon with in Cryptos related issues , I believed this will encourage and open door to bitcoin by other continents who had lagged behind in Cryptos especially African countries.  
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September 19, 2018, 04:42:03 PM
 #39

Yes from my personal experience Asia is much more accepting of cryptocurrency than other countries.  Especially in Japan where a large number of citizens hold some bitcoin.
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September 19, 2018, 04:51:54 PM
 #40

I read all the posts here, why are all the answers not the same. There are those who agree and some do not agree, is it really difficult to know the existence of bitcoin and the holder of bitcoin itself. I personally also want to know the truth.
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