Asia can be the biggest crypto market

[nanaimogold]

Asia is currently leading the cryptocurrency markets, but at the same time, most of the scams and hacks have targeted the users from this region. Almost all of the exchange hacks have targeted cryptocurrency exchanges from Asia. Also, some of the biggest scams (such as the PLUS token scam, which stole more than $3 billion) had their origins in Asia.

Asia and United States of America are the biggest players in cryptocurrency and yet they criticise and scrutinise it the most. They understand the importance of the Blockchain technology and the key role crypto plays in revolutionising the financial world. I am glad China has owned up to it and released plans to develop one for its own.

[wxa7115]

maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.

many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.

then what do you think?

While the population number is important the most important number is how big the economies of those countries really are and while there are very strong countries economically speaking in Asia the most powerful countries are still in Europe and America, I really think that as soon as some countries begin to fully adopt cryptocurrencies the rest will have to follow as well or they could find themselves in a bad position in the future as those countries become more powerful thanks to the economic development cryptocurrencies will bring.

It may seem those days are far away but if the economies of the world begin to have some issues I can assure you they will do everything to change that and if that means adopting cryptocurrencies then they will do it.

[19Nov16]

Asia is currently leading the cryptocurrency markets, but at the same time, most of the scams and hacks have targeted the users from this region. Almost all of the exchange hacks have targeted cryptocurrency exchanges from Asia. Also, some of the biggest scams (such as the PLUS token scam, which stole more than $3 billion) had their origins in Asia.

Asia is a huge potential for the crypto market, and it must be admitted that the biggest problem of crypto is scam projects, hacks and more, if this continues to happen then investors are afraid to place their money and certainly make crypto die.

[5thFear]

I also believe that Asia will be the top crypto market in the future. But even then i think that they would still remain users instead of the pioneers. I mean the most popular cryptocurriencies will still have their origin but will have most of the users from Asia because of the lot of population.

[LbtalkL]

Yeah, I think so, Regulations on Asia are not that strict about crypto In fact they are slowly adopting it. Especially in Japan, China, and other neighbor countries. Asia has big population so it has a big market. I think China is on the lead now here in Asia taking a big move to tokenize their national currency maybe will launch sooner than libra.

[Peanyut991]

The first one I agree with you is that Asia is the biggest market for cryptocurrency. And the second thing I do not agree with you, you say that crypto is just an idea and there is no real action from it. As far as I know, there are many projects or businesses with crypto as one of the main payments, and that is proof that crypto has become a real innovation.

[joshy23]

Yeah, I think so, Regulations on Asia are not that strict about crypto In fact they are slowly adopting it. Especially in Japan, China, and other neighbor countries. Asia has big population so it has a big market. I think China is on the lead now here in Asia taking a big move to tokenize their national currency maybe will launch sooner than libra.

If China will lead it's way towards crypto market assuming that they are intended to be use globally with concept that favors crypto users or if in anyhow they will embrace Bitcoin itself, such populations will speak to themselves. But still not clear upon their stand regarding to crypto projects, still needed to have more adoptions and integration with businesses all over Asian nation's. Good example is how Singapore create business who accept Bitcoin as payment options, more established to do like this will be the turning point for crypto to be more wider from this scope of businesses inside Asian countries.

[X-ray]

Yeah, I think so, Regulations on Asia are not that strict about crypto In fact they are slowly adopting it. Especially in Japan, China, and other neighbor countries. Asia has big population so it has a big market. I think China is on the lead now here in Asia taking a big move to tokenize their national currency maybe will launch sooner than libra.

China is just welcoming the blockchain not the entire crypto but its neighbour which is japan and korea seem to be crypto friendly. I'm kind of baffled actually to see that such news regarding china to accelerates blockchain implementation could affect the crypto market that much. However if we're talking about the biggest crypto market asia is indeed like taking the first initiative to be the most crypto friendly continent in the world. I've heard that singapore which is located in Asia is leading the emerges of crypto aswell.

[K4C]

Asia has always been at the forefront of blockchain developement and they have proven that they also contribute a lot to the amount of money to the cryptocurrency ecosystem.

[jajorforce]

maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.

many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.

then what do you think?

Venture of new projects are really poor in some Asian country for example India and Indonesia etc. Behind of this reason is cryptocurrency prohibited. Of course they are bond by regulations and crypto is losing more users. Although cryptocurrency users is much more than previous years.

[Coroline]

I think there are more crypto investors from Asia considering that Asia has the largest exchange in the world today such as binance, okex. Maybe for some countries in Asia such as India, China, Indonesia that have not yet implemented crypto regulations, that's why crypto has not been considered to date , some people only use to invest, hopefully in the future crypto can be used as a currency for payments and other transactions

[Maslate]

I think there are more crypto investors from Asia considering that Asia has the largest exchange in the world today such as binance, okex. Maybe for some countries in Asia such as India, China, Indonesia that have not yet implemented crypto regulations, that's why crypto has not been considered to date , some people only use to invest, hopefully in the future crypto can be used as a currency for payments and other transactions

I agree that Asia will be the biggest crypto market in the future since there is a good and stable internet connection in this continent and that countries in Asia are more open on crypto for future currency compared to some other countries. While China has made bitcoin a legal currency, other countries too may follow the path of China and slowly adopting  cryptocurrency as an alternative payment option aside from fiat.

[StayFly]

maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.

many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.

then what do you think?

That's true. The bulk of the world's population is focused in Asia. And when the adoption comes, the people here in this continent will be the ones who will cause Bitcoin's actual use rise massively. But the present condition in the continent is not that friendly toward Bitcoin. China is not saying businesses and people can now use Bitcoin as money. India is unfriendly. Indonesia is not so clear as well.

Yes, Asian cryptocurrency investors are the biggest for sure and the majority of people supporting cryptocurrency businesses are also from Asia. If you look at the number of cryptocurrency exchanges from Asia are huge, which includes Binance, Huobi, KuCoin, OKEx, Coinbene, and many five start exchanges. Of course, Asia is the biggest cryptocurrency market in the world. 

[boltz]

In my opinion Asia was always the biggest crypto market. They have the bigger exchanges , most volume , a lot of projects , a lot of angel investors , top tier devs, all of this factors puts Asia in top of cryptocurrencies market and not only. Maybe in time USA will step-up and will balance the things but for now I doubt anyone can take Asia especially when a new halv its on the way and China announce its cryptocurrency project.

[BennyK]

Asia has always been part of the largest crypto markets in the world, hence there is no doubts about the fact that it is possible for it to be ranked the biggest crypto market. Most of the largest and tier one exchange platforms like Binance and Kucoin are all in Asia. Also, as the Chinese president Xi Jinping announces his interest in Blockchain technology and cryptocurrency, the adoption rate will certainly increase.

[bering]

I think it is proven now that asia already became the biggest crypto market in the world because i'm sure the statistics will showing crypto users from asia is very much  compare to the crypto users who came from outside asia and indeed asia continent is very potential for crypto development because besides as the continent with the most population asia also have good facilities to support crypto such as stable internet connections but indeed in the some countries crypto regulated still being an main issue

[Google+]

I think the cryptocurrency exchange place in Asia is already very large and many traders who come from Asia with a lot of trading capital and the Asian economy cannot be underestimated because if Asia can unite all then it will be able to influence the price of coins at the exchange place.

[NeironixNV]

I think the cryptocurrency exchange place in Asia is already very large and many traders who come from Asia with a lot of trading capital and the Asian economy cannot be underestimated because if Asia can unite all then it will be able to influence the price of coins at the exchange place.

Yes, you are absolutely right, I also read on the neironix that China is the leading miner on earth and this only gives confidence that China will control a lot in the crypto world.

[plast555]

I agree with that view. If you accept Russia as one of the Asian countries, things change even more. Although, according to some experts, Russia is considered a European country.
But I find the value Asian countries give to blockchain more valuable. Especially China, South Korea, Singapore and many other countries invest in blockchain and care about blockchain.
For the world to break the dominance of the dollar, it is essential that Asian countries make such strides.

Breaking down the dominance of dollar is really a tough task, it has gone out of hands. Now if the dollar dominance is shattered through some means, soon they'll get to take control and over come. For this they will go even to any extreme of war.

Now Asian countries are highly progressing in all the industry. Now blockchain has got added, as Asia has got countries with increased population it is easy to top the market if people gets aware of the technology.

Yeah, I know, but the only way to do that is to be a pioneer in blockchain technology.

This is not a short-term plan, it will take maybe 30-40 years and eventually Asia will achieve this. That's what the statistics say.

[Bim abk]

I think the cryptocurrency exchange place in Asia is already very large and many traders who come from Asia with a lot of trading capital and the Asian economy cannot be underestimated because if Asia can unite all then it will be able to influence the price of coins at the exchange place.

Yes, you are absolutely right, I also read on the neironix that China is the leading miner on earth and this only gives confidence that China will control a lot in the crypto world.

in many cases in China crypto is more dominating in it so if domination is still held by china then I'm sure Asia will be a big place for crypto coupled with the strategic state of the country in Asia