rik1 (OP)
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October 05, 2018, 07:23:51 AM |
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Hi...Guys
What you think about the Asian county like China and India have impact on cryptocurrency and blockchain adoption and price. As they have the majority of population ( After government regulation)
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Yindian
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October 05, 2018, 08:23:21 AM |
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Asia is very important for cryptocurrencies. Asia is also the center of the 21st century world. Many countries will rise, and China, India and Japan are very strong. The rise of cryptocurrencies is inseparable from them. The strange thing is that Japan fully accepts cryptocurrency, India's neutral cryptocurrency, and China bans cryptocurrency.
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Ctn
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October 05, 2018, 08:33:06 AM |
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Hi...Guys
What you think about the Asian county like China and India have impact on cryptocurrency and blockchain adoption and price. As they have the majority of population ( After government regulation)
I can say that India wont be helping crypto currencies much despite the fact that they have huge potential of population who can accept the crypto currencies and bring the crypto to next level. The reason is, India is already facing big time trouble over the use of crypto currencies. The reserve bank of India is already against the use of it and thus no one can really use it freely as anyone found using the crypto currency and withdrawing the crypto to fiat in their bank account will have to face the bank account ceasing situation. So I am sure India wont be making any contribution in the crypto currencies. |
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weertgilders
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October 05, 2018, 08:41:30 AM |
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Asia is the most populous continent in the world, 60% of the world's population lives in Asia alone. Now you can imagine How deeply the Asian county will impact the cryptocurrency market.
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Ipwich
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October 05, 2018, 09:03:31 AM |
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Every part of the world is important, Asia is compose of big countries and crypto is developing in Asia.
The adoption will just continue and no one can stop it, right now there are countries who prohibits the use of crypto but in the long run
they will see the power of crypto and it will lead them no choice but to adopt.
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limtjoehua
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October 05, 2018, 10:39:40 AM |
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There are many crypto users who come from these two countries and currently there are many projects that come from or have just started the ico. Some projects from China are also successful and can reach the top 100 coins, so this is a good achievement. The people there are also very active and contribute greatly to the development of crypto.
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premkibank
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October 07, 2018, 11:20:27 AM |
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according to population India and china both are one of the biggest market place for every industry. not only crypto currency but i think every industry wants big market place like india and china..
but i think india will take take much time to regulate crypto currency sure it will impact on the price of crypto currency whenever govt will regulate it
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Lerikaweb
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October 07, 2018, 11:45:31 AM |
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Hi...Guys
What you think about the Asian county like China and India have impact on cryptocurrency and blockchain adoption and price. As they have the majority of population ( After government regulation)
China has the cheapest hardware and electricity, so all the major miners are located there. If Chinese data-centers switch the power off, the whole cryptocurrency market will suffer. |
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hoangkieu
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October 07, 2018, 12:05:26 PM |
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Hi...Guys
What you think about the Asian county like China and India have impact on cryptocurrency and blockchain adoption and price. As they have the majority of population ( After government regulation)
With India, I don't think it will have the big influences to the cryptocurrency market because India's economy is not so good but China is a different story. Actually, Chinese investors in this market is pretty much and Chinese's economy is really strong. If Chinese goverment approves and accept to open with crytocurrency, there will be the very big capital which be pumped into market |
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Thanasis
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October 07, 2018, 12:09:00 PM |
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Hi...Guys
What you think about the Asian county like China and India have impact on cryptocurrency and blockchain adoption and price. As they have the majority of population ( After government regulation)
Even though Asian continent people were abundant they were not much educated for the crypto currency daily but China is already moving towards cashless economy which strongly opposing the bitcoin so they have much impact on the adoption rate if their government can regulate the crypto usage and encourage the people to use it then it will be very good for the cryptos future. |
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blogardianz
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October 07, 2018, 12:11:09 PM |
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Hi...Guys
What you think about the Asian county like China and India have impact on cryptocurrency and blockchain adoption and price. As they have the majority of population ( After government regulation)
I can say that China will give a huge impact on Cryptocurrency market. Last year, we heard that a lot of news regarding the Chinese government will ban Bitcoin. That news gives a big impact to the crypto market until today. |
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mariogomer
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October 07, 2018, 12:15:16 PM |
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China and India's thoughts on crypto currencies are very important. At the moment these countries have very bad attitude. I hope these two countries change their decisions.
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ranman09
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October 07, 2018, 12:16:58 PM |
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If people are educated enough in those countries then they are really can cause an impact. Positive and Negative impact. Positive if they actually use the technology and Negative if they find it not easy to use and if they experience bad from it.
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kryptqnick
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October 07, 2018, 12:35:27 PM |
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Asia is very important for cryptocurrencies. Asia is also the center of the 21st century world. Many countries will rise, and China, India and Japan are very strong. The rise of cryptocurrencies is inseparable from them. The strange thing is that Japan fully accepts cryptocurrency, India's neutral cryptocurrency, and China bans cryptocurrency.
I'd also add South Korea as a very important country in terms of trading. South Korea is rather strict with cryptocurrencies (especially with ICOs), but willing to rethink its policy and is projected to become a very crypto-friendly country in the future. China is/was a major center of mining, but the current policy is very unfriendly, of course. Anyway, as for the main question, Asia used to have great impact on the market and a big part of the market's crush is due to various Asian news on bans and regulations. However, as for now the market is low but stable, I don't think that any country or region can make much difference. And let's hope it stays this way. |
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Fortified
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October 07, 2018, 12:40:02 PM |
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Hi...Guys
What you think about the Asian county like China and India have impact on cryptocurrency and blockchain adoption and price. As they have the majority of population ( After government regulation)
I think china is the only asian country which decleared banned cryptocurrencies so it just a little percentage of the crypto users and it doesn't affect cryptocurrencies price and popularity . |
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Red-Apple
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October 07, 2018, 12:56:06 PM |
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China and India aren't exactly considered technologically advanced countries so their reaction to cryptocurrencies shouldn't affect the whole ecosystem that much. on the other hand when a technologically advanced country such as Japan, US,... show a certain reaction to cryptocurrencies, that can have great impact on it. for example we saw last year Japan adopted bitcoin and the price shoot up to the moon.
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ballerin and giroud
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October 07, 2018, 12:59:21 PM |
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Actually, every country if their government adopts cryptocurrency as a payment system or is included in commodity it will affect cryptocurrency prices, each coin or token price will increase because many investors from that country will be interested in investing, usually if a country has adopted cryptocurrency the government will provide convenience in preventing various frauds. China and India have a large population so as if their government accepts the cryptocurrency then it isn't impossible many new investors will emerge, there will even be an ICO project to make it easier for every user to use in their daily lives, especially for a payment system.
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Iluka
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October 07, 2018, 01:03:39 PM |
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The deepest. Asian countries are and will be the main players on crypto market. They are the engines and forwrding ahead even market is in stagnation.
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Ramtapsbtc
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October 07, 2018, 01:05:45 PM |
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Hi...Guys
What you think about the Asian county like China and India have impact on cryptocurrency and blockchain adoption and price. As they have the majority of population ( After government regulation)
With it's population i think it could make an impact in terms of popularity and they will make some sort of advertisers of cryptocurrency. Though for now it is regulated to those countries but still they find ways on how to engage themselves in cryptocurrency. |
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Leah38
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October 07, 2018, 01:09:48 PM |
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Good day, I live in the Philippines, one of the Asian countries and I would say our banks are already into xrp at present. They havent publicly announced that but they are seen on XRP events. We have our own cryptocurrency too, Pesobit now known as TOA. There's still a few more alts. I can say that Filipinos embrace cryptocurrency. Hope this will continue and more people will join cryptocurrency and know about its benefits and advantages.
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