Asia can be the biggest crypto market

[Suslived]

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?

I completely agree, Asia has indeed the potential to be the biggest user of crypto.

They say that population is power, and it is true. Just look at China and India, they are rising world powers mostly because their population is so huge that they have more chances of giving birth to geniuses and game changers. If Asia can get it's people hooked on crypto theres no stopping what one can imagine. Bitcoin and crypto value will rise so high and it excites me more than anything.

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[Strongkored]

-snip-. 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?

Need more understanding to be able to accept crypto than just an investment, even i feel that crypto enthusiat have not been able to find ways how to accept crypto in a mpre tangible use than just an investement.

I'm agree that Asia can be the biggest crypto market and China will leads it, I see China government always push the citizens to adopt many new technologies as much as they can.

[Sithara007]

Considering the fact that almost half the world's population is concentrated in Asia, I won't be very surprised if Asia dominates the cryptocurrency market in the near future. But at the same time, we need to admit that Asia was a late entrant. Before mid-2013, Asia was an insignificant market as far as cryptocurrency was concerned (with Japan being an exception). It changed after mid-2013, when the Chinese users flocked to Bitcoin in droves.

While talking about cryptocurrency in Asia, we need to make the distinction between countries that are supportive of cryptocurrency (such as Japan, Philippines, South Korea and Singapore) and those who are very hostile to that idea (India, China, Nepal, Bangladesh.etc). The recent signals from China are encouraging. If the Chinese government ends its blind hatred towards cryptocurrency, then it can benefit everyone.

[Bitfling]

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?

Asia's regulations appear to be more lax than those in Europe or America. This could be a way for cryptocurrency adoption and predictions that Asia will dominate transactions in the cryptocurrency market will happen

[doomloop]

Population is surely a major drive to a nation's development or adoption of an emerging technology. China has the population. Africa has the population too. So it's only a matter of time that we will begin to experience significant real use cases.

The more people you have, the more users definitely you are going to have for your project. There is no doubt that both continents i.e. Africa and Asia have large populations and this is why every market of the world wants to target them to generate great revenue. This is why crypto market suffered some serious declines in values when china stops using crypto or bans officially exchanges in their country. While when China announced that they will adopt the blockchain technology then a lot of investment came to crypto market

[barabarian1]

yes you are right OP Asia has the potential to become a cryptocurrency market. if more and more Asian countries support and adopt the blockchain then I am sure that cryptocurrency can develop rapidly in Asia. and news about the president of China supporting blockchain will encourage other countries to adopt blockchcain and cryptocurrency.

[VDraci]

Tighten your seatbelts for the biggest crypto drive we've never seen before, everything that altcoin investors have been waiting for will easily come to past now, i will keep building my portfolio for 2020 because i believe this is the last chance to get your hands on cheap tokens that won't be cheap anymore soon

[Bim abk]

yes you are right OP Asia has the potential to become a cryptocurrency market. if more and more Asian countries support and adopt the blockchain then I am sure that cryptocurrency can develop rapidly in Asia. and news about the president of China supporting blockchain will encourage other countries to adopt blockchcain and cryptocurrency.

many hope crypto will develop well in Asia but it is important to know that there are still some countries that have not been able to adopt blockchain technology due to lagging. if there are countries in Asia that are able to influence other countries to adopt blockchain technology then I'm sure countries that are not currently ready to adopt it can think again to adopt blockchain technology

[White Christmas]

That is true that asia have the chance to become the biggest crypto market as we know that Asia is the biggest continent in the world and in asia also can found the different countries who has a good internet connection like China russia and etc. This can be a good sign that asia can be the center of the crypto market because biggest country like them are allowing crypto in their country and also this countries has a good internet connection and sevices.

[Ken_terrance]

I don't know but i have a thing for asia projects, either bounty or new projects they mostly turn to success, i think asia continents have high interest in blockchain than others ,look at gowithmi, nestree, zeux, celer network etc they are all good projects

[Vishnu.Reang]

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.

[andycarrol]

I think that currently Asian have a great influence on cryptocurrency price movements because some time ago China stated that providing support for cryptocurrency and could make bitcoin prices increase and cryptocurrency circulation indeed seems to always have to need good news like that to make the price rises and increases demand.

[taufik123]

Regulation remains an obstacle to make crypto more developed and can be used as well
applied in the real world. Even so, the regulations in each country are different. Very important when you choose the project that you want to invest. Existing projects that are implemented with blockchain technology and project designs will be useful someday. For example, there are projects that develop in the agricultural sector, waste management industry and many others. Projects like that that will be useful someday and need support.

[takngantuk]

Asia, especially China, is indeed a potential market for crypto. Many investors come from there, and Asian countries are quite friendly with Crypto. Japan, South Korea and Singapore are quite friendly with the crypto community. and recently Chinese president Xi Jinping, during a speech said that the blockchain is an important technology for technological progress. and I think that's an implied statement that he's enthusiastic about blockchain and crypto.

[poldanmig]

Asia, especially China, is indeed a potential market for crypto. Many investors come from there, and Asian countries are quite friendly with Crypto. Japan, South Korea and Singapore are quite friendly with the crypto community. and recently Chinese president Xi Jinping, during a speech said that the blockchain is an important technology for technological progress. and I think that's an implied statement that he's enthusiastic about blockchain and crypto.

Sentiment from China is enough to make price movements from bitcoin yesterday. Regarding developments in Asia, it can already be seen that there are so many Project developments. which I can see specifically for my country at this time so many Exchanges are developing in my country and that means that in Asia it is indeed quite strategic for development. Plus regarding regulations several countries have already given a stand. among Agree when before still not giving an answer

[dainoran]

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?

I do not agree with the largest market, because there are still some countries in Asia that have not legalized crypto, because it has not been regulated in that country, and there are also some countries that consider cryptocurrency as an investment not as a transaction tool.

[btcdie]

Asia is very enthusiastic in welcoming the crypto presence. Even though Asia is very small compared to other continents, Asia's population is very large, and also Asian countries have sufficient internet, so many people know about cryptocurrency. and also reportedly Bicoin was born in an Asian country, so that more and more people know about it. I don't really understand the origin of investors / popes. but certainly yesterday's incident investors from China arrived.

[No Pain No blood]

Asia might have great potential, but as long as several large countries in Asia haven't legalized crypto, I think it's useless. China, Indonesia and several other countries have not yet given full permission for the use of crypto. if those countries make regulations to legalize bitcoin and altcoin I'm very sure that asia will be the biggest market and nobody will beat it.

[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.

[AjithBtc]

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.