Post
Topic
Board Trading Discussion
Re: Asian vs. Western Investors
by
cryptogasm
on 24/06/2017, 07:40:37 UTC
I think with regards to trading, Asian is leading the way. The big 3 (Japan, China and South Korea) daily trading volumes is more than 50% of the total. And as far as the impact on the price, pre adoption of bitcoin by Japan, the price is at $1000-$1100, but post adoption pushed the price to a new heights even briefly touching $3000. So obviously, the impact of Asian country is huge for bitcoin. And Asian is really pouring cash to the bitcoin ecosystem as opposed to the more conservative and traditional approached by the West