Post
Topic
Board Bitcoin Discussion
Re: Russia is a potential market?
by
stompix
on 13/04/2017, 10:30:24 UTC
Russia is going to recognize bitcoin,so is it a potential and big market?How can I know more about Russia's market?
Yes, Russia would be a big market for bitcoin.Already,a bitcoin exchange is there now which you can find in my signature below.Russian government has decided to regulate bitcoin so that ot could get revenue from bitcoin earnings.Russia is a super power and it would be much helpful for bitcoin progress.Japan,then now Russia have started legalizing bitcoins and it would make bitcoin price to increase more.
a lot of the news say that bitcoin active users after china is russia, I think this is a good thing for the development of the future because of the bitcoin can be followed in other countries.

That might be true but that doesn't mean china is the top by active users;). A 6th-7th place might be accurate for them.
With the fall of the Chinese trading scams the true volume of bitcoin trades shows china is clearly lagging behind us and europe.

And in terms of actual use, no, there are so few places in China where you can actually buy something with bitcoins compared to the us that I really doubt in terms of daily user base china is making the top 5.