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Author Topic: [2018-11-07] One in five Brits think Bitcoin will be ‘as common as cash or card’  (Read 302 times)
CoinClarity
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February 18, 2019, 11:39:54 AM
 #21

If we use the forum metrics most users would be in Russia, Indonesia, and Turkey...and the least from in Japan and South Korea.
Seriously?

All I'm saying is its obviously pretty popular in Turkey. Just because Japan and S Korea are under-represented on the forum doesn't mean they don't have a lot of users. They probably have other hubs which they use.

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February 18, 2019, 12:15:07 PM
 #22

If we use the forum metrics most users would be in Russia, Indonesia, and Turkey...and the least from in Japan and South Korea.
Seriously?

All I'm saying is its obviously pretty popular in Turkey.

Let's analyze a bit this "obvious".
Other than forum metrics, can you come with some numbers of other representative things that would make indeed Turkey look like the home of nearly 15 million crypto owners?

Things like...nodes, ATMs, exchanges volume, business accepting coins, anything else?


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CoinClarity
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February 20, 2019, 07:26:47 AM
 #23

If we use the forum metrics most users would be in Russia, Indonesia, and Turkey...and the least from in Japan and South Korea.
Seriously?

All I'm saying is its obviously pretty popular in Turkey.

Let's analyze a bit this "obvious".
Other than forum metrics, can you come with some numbers of other representative things that would make indeed Turkey look like the home of nearly 15 million crypto owners?

Things like...nodes, ATMs, exchanges volume, business accepting coins, anything else?

Yes, something else: their national currency has been highly unstable and that has been encouraging people to look into bitcoin as a means of wealth preservation.

https://bravenewcoin.com/insights/turkish-turmoil-fuels-bitcoin-adoption

I don't know anything about the "15 million" number, I'm just saying that if it wasn't popular there its Local board wouldn't be as popular as it is.

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February 20, 2019, 09:04:22 AM
 #24

~
Things like...nodes, ATMs, exchanges volume, business accepting coins, anything else?

Yes, something else: their national currency has been highly unstable and that has been encouraging people to look into bitcoin as a means of wealth preservation.

https://bravenewcoin.com/insights/turkish-turmoil-fuels-bitcoin-adoption

Article from August, the exchanges mentioned with exploding volume are currently doing :

Koinim  - 117,992 USD
BtcTurk - 4,636,351 USD
Paribu - 3,533,808 USD

Just a comparison the above volume is for all cryptos on that exchange while the volume for only the GBP<>BTC pair is 27 million, more than 3 times.  Grin

Now let's do a bit of math and those number, and see how the 15 million Turks would have gotten their coins.
If we assume an average of 20$ worth of coins, you would need 40 DAYS!!! in which each turk would only buy and god knows who would sell just to arrive at that number.

Quote
I don't know anything about the "15 million" number, I'm just saying that if it wasn't popular there its Local board wouldn't be as popular as it is.

Then why are you arguing when I say this number is pure BS?



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CRYPTO CASINO &
SPORTS BETTING
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