Post
Topic
Board Economics
Re: Which Asian countries have the greatest influence on bitcoin?
by
geegaw
on 04/07/2018, 17:57:45 UTC
Probably china have the greatest influence on bitcoin among all asian country's. Because almost all traders and investors are from china. And the other country next to china are japan and korea.
China is truly an Asian country has a great influence on Bitcoin, could even say that the whole world because first, as you say, investors and traders are from China, their population is overcrowded, many traders and investors are also not strange, the quantity is too large to affect the whole market. Next, miners are also part of this issue, China has a tremendous number of miners, the wealth and the amount of bitcoin that these people possess is unquestionable, too big, therefore, we can see that whenever China has bad news about bitcoin, the market almost bleeds horribly