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Author Topic: What city has the highest amount of bitcoin users?  (Read 3053 times)
porcupine87
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June 03, 2014, 09:21:23 AM
 #21

You could watch BTC flow into countries in real time here: http://fiatleak.com/

looking at this map - almost looks like a bitcoin war is going on between usa and china.

i understand china sees bitcoin as way of attacking the dollar.

This site is stupid. I have no idea what this site is showing. When I compare okcoin on bitcoinwisdom and on this site (neary every transaction is showed as a transaction on OKCoin), I can't even see a similar pattern. And trades on Bitstamp are not shown at all.

The impact of China to Bitcoin is smaller then most people think. I think the major cities are:
1. London
2. Berlin
3. US- cities

Hm but using for what? Buying things? In actual stores or via the internet? Or trading it? Or just buying it as a longterm investment?

"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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June 03, 2014, 09:37:35 AM
 #22

New York
SFO
Buenos Aires
Singapore
Shanghai
Berlin

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June 03, 2014, 09:42:02 AM
 #23

I think a lot of the volume is going towards currency speculation.

it doesn't bode well seeing vast amounts of bitcoin going to 1 or 2 locations, would have been nice to see a greater representation in developing countries.
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June 03, 2014, 02:09:57 PM
 #24

I found a few sources that might help narrow down the question:

Sourceforge downloads for the bitcoin client:
http://sourceforge.net/projects/bitcoin/files/stats/map?dates=2014-01-01+to+2014-06-03

  • US
  • China
  • Russia
  • Germany
  • UK


Google Trends data for "bitcoin" in 2014:
http://www.google.com/trends/explore#q=bitcoin&date=1%2F2014%2012m&cmpt=q


  • Vancouver
  • San Francisco
  • Toronto
  • New York


A list/map of areas with high concentrations of bitcoin full nodes:
https://getaddr.bitnodes.io/

  • US
  • Germany
  • UK
  • Canada
  • France


A map of places that accept bitcoin:
http://coinmap.org/

  • Europe
  • New York
  • San Francisco


This data is informal and really just based on peeking at the sources for a moment. It does not consider population density or GDP of any of these countries.

Here's my layman's rank based on this data:

1. New York, US
2. San Francisco, US
3. Paris, France
4. Central Europe (Germany, Austria, Hungary)
5. Melbourne & Brisbane, AU
6. UK
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June 03, 2014, 04:01:48 PM
 #25

You could watch BTC flow into countries in real time here: http://fiatleak.com/

Fiatleak isn't working correctly, I think it was originally created to manipulate the exchange rate at a time of turmoil.
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June 03, 2014, 04:57:40 PM
 #26

I found a few sources that might help narrow down the question:

Sourceforge downloads for the bitcoin client:
http://sourceforge.net/projects/bitcoin/files/stats/map?dates=2014-01-01+to+2014-06-03

  • US
  • China
  • Russia
  • Germany
  • UK


Google Trends data for "bitcoin" in 2014:
http://www.google.com/trends/explore#q=bitcoin&date=1%2F2014%2012m&cmpt=q


  • Vancouver
  • San Francisco
  • Toronto
  • New York


A list/map of areas with high concentrations of bitcoin full nodes:
https://getaddr.bitnodes.io/

  • US
  • Germany
  • UK
  • Canada
  • France


A map of places that accept bitcoin:
http://coinmap.org/

  • Europe
  • New York
  • San Francisco


This data is informal and really just based on peeking at the sources for a moment. It does not consider population density or GDP of any of these countries.

Here's my layman's rank based on this data:

1. New York, US
2. San Francisco, US
3. Paris, France
4. Central Europe (Germany, Austria, Hungary)
5. Melbourne & Brisbane, AU
6. UK

Good analysis. New York and San Fran seem to be the consensus for most popular bitcoin cities. San Fran probably has more btc user per capita but NYC is huge of course so it makes up for it in volume of users(I'm assuming this anyway).

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June 03, 2014, 07:40:44 PM
 #27

You could watch BTC flow into countries in real time here: http://fiatleak.com/

looking at this map - almost looks like a bitcoin war is going on between usa and china.

i understand china sees bitcoin as way of attacking the dollar.

This site is stupid. I have no idea what this site is showing. When I compare okcoin on bitcoinwisdom and on this site (neary every transaction is showed as a transaction on OKCoin), I can't even see a similar pattern. And trades on Bitstamp are not shown at all.

The impact of China to Bitcoin is smaller then most people think. I think the major cities are:
1. London
2. Berlin
3. US- cities

Hm but using for what? Buying things? In actual stores or via the internet? Or trading it? Or just buying it as a longterm investment?

not London
I am a Londoner and unlike what Max Keiser says, most of London dont have bitcoins and don't know a thing about them.
Max in his bubble in soho

It would definitely be  certain states within U.S


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June 03, 2014, 07:46:38 PM
 #28

yes, as a fellow keiser listener and londener im surprised that london isnt more prominent in the btc market.


but....london seems to be the centre of economic fraud at the moment and perhaps the last place where btc would take adoption at the moment - even though there are many btc entrepreneurs in london i dont believe the mainstream adoption is as quite developed as the us or china.
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June 03, 2014, 08:21:28 PM
 #29

Probably a city in large country like China.
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June 08, 2014, 08:18:33 AM
 #30

I just can't get the method to count all of them depending on cities they're living
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June 08, 2014, 08:33:55 AM
 #31

You could watch BTC flow into countries in real time here: http://fiatleak.com/

Surprised to see it working now remember this had the biggest China Bias Smiley
That said fiatleak still tracks buys and sell orders so it works more or less

My best guess is New York since they have meetups there and Wall street is nearby with traders

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June 08, 2014, 06:14:33 PM
 #32

Capital of Slovenia with 250k population have 3 Bitcoin ATM, doubt any place have more per capita.
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June 08, 2014, 06:18:42 PM
 #33

I think a lot of the volume is going towards currency speculation.

it doesn't bode well seeing vast amounts of bitcoin going to 1 or 2 locations, would have been nice to see a greater representation in developing countries.

Part of that is infrastructure and part of it is capital. Time will change that.

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June 13, 2014, 12:33:55 AM
 #34

If I were to make an educated guess I would say either Vancouver or San Francisco.

Vancouver had the first bitcoin ATM that allowed it's population learn about, buy and start using bitcoin.

San Francisco's large amount of tech companies have many employees that are interested/use bitcoin.
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June 17, 2014, 12:27:37 AM
 #35

That must be China, just by probability and country's population. The youtube views of that PSY guy are just by probability and country's population.
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June 17, 2014, 12:30:05 AM
 #36

That must be China, just by probability and country's population. The youtube views of that PSY guy are just by probability and country's population.

what are you even tlaking about? PSY is south korean. and china's government is not friendly to bitcoin, so how is it that china will have the most amount of bitcoin users?
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June 17, 2014, 12:44:36 AM
 #37

That must be China, just by probability and country's population. The youtube views of that PSY guy are just by probability and country's population.

Enough with the China hype..
Why not Tokyo? Still the largest city and .. satoshi nakamoto Smiley.

But now really , there is no usage of btc in china , almost no shop using it.
I doubt that there are more than 1000 chinese that have btc in their wallets (not on their fake volume exchnges).

My bet would be on either NYC or one of the major European cities close by.


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June 17, 2014, 03:51:51 AM
 #38

That must be China, just by probability and country's population. The youtube views of that PSY guy are just by probability and country's population.

Enough with the China hype..
Why not Tokyo? Still the largest city and .. satoshi nakamoto Smiley.

But now really , there is no usage of btc in china , almost no shop using it.
I doubt that there are more than 1000 chinese that have btc in their wallets (not on their fake volume exchnges).

My bet would be on either NYC or one of the major European cities close by.


China isn't actually a city lol

I doubt that satochi is actually of asian decent. He probably chose that name to throw people off about his identity
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June 20, 2014, 12:51:40 PM
 #39

That must be China, just by probability and country's population. The youtube views of that PSY guy are just by probability and country's population.

Enough with the China hype..
Why not Tokyo? Still the largest city and .. satoshi nakamoto Smiley.

But now really , there is no usage of btc in china , almost no shop using it.
I doubt that there are more than 1000 chinese that have btc in their wallets (not on their fake volume exchnges).

My bet would be on either NYC or one of the major European cities close by.


If anything Japan is massively under represented in bitcoin. I hardly hear of anything going on in Japan related to bitcoin outside of the fact that Karpeles ran Gox out of Tokyo.
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June 20, 2014, 01:04:39 PM
 #40

Hello!

Using Coinmap:

#1     Los Angeles
#2     New York
#3     Dallas
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