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rjroshan

Crypto Asia

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Asia is more crowded than some other landmass, and China and India are separately the number two on the planet, while China is laying off the appropriation of digital forms of money and if India and Asia enter this field, the industry is extraordinary. The siphon might be found.

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Time will tell some asian country are now into crypto currency but nit as popular as others it is becouse of the news spreading that the crypto currency most specially bitcoin says it is scam

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Just now, Rakib Sinha said:

China and India are the most populous countries in Asia Their cryptocurrency users are more B but China and India do not legalize cryptocurrency, they can not use it I think not.

The India banned the crypto trading last year but later they will understand the power of crypto ecosystem. There are a lot of problems which should be solved by the big governments, but they prefer to make a new set of problems in the crypto industry.

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I think it's good for the crypto world as these countries are both choosing to create their own centralized cryptocurrency, we may start to see a stability in the price of bitcoin, it's hard to deduce what will happen but the future is cryptocurrency.

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If the countries that ban cryptocurrencies  in Asia legalize it today, all cryptocurrencies  will increase in price and there will be positive feedback. 

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Asia is where cryptocurrencies were discovered in Japan country which the first crypto was bitcoin, and mostly of cryptocurrencies users countries are from Asia 

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On 12/30/2019 at 4:47 PM, rjroshan said:

The google said that China and India currently account for about 37% of the entire global population.

How this can effect for crypto wold in year 2020?

Both these countries are coming from Asia.

From Asian countries India create hyip on the crypto market. Recently we saw the government of India announced crypto as illegal. But now they are preparing to launch their own coin.


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 Asia will certainly dominate in the near future. A number of leading figures in the blockchain industry have aired on the scene in Asia.

Xfers CEO Liu Tianwei stated that 2020 marks the start of crypto assets maturing as an asset class. Clear regulatory frameworks in the ASEAN region will continue to attract blockchain innovation and development.

The Chinese government want block chain  at all levels will also boost technological advancement across Asia.

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If China and India support crypto then it will give real boost to this market because of the huge population of these two contries. These two contries must take interest in cryptocurrencies.

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In my opinion,  i think it can affect on crypto currency mostly. Aisa  has may large country in this world. If they knew about it and use it then it will reach the top position of the world as soon as possible.              

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On 12/30/2019 at 4:47 PM, rjroshan said:

The google said that China and India currently account for about 37% of the entire global population.

How this can effect for crypto wold in year 2020?

Both these countries are coming from Asia.

Yes, you are right but in 2020 I think  more people’s involving in crypto market in asia. Now maximum trading volume generate from usa and uk if many people’s using from china and India then cryptocurrency marketcap more increase.             

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In asia crypto currency is really popular and to be real most of the bitcoin change live is most of them are asian. So right now for me asian are not that knowledgeable in crypto but yet they are trying their best to learn and earn from it.

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China has always been the biggest country which uses crypto currencies, so it should have the biggest impact on them.

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Yes of course Asia is the continent where the cryptocurrency was created, and there are many countries who tried to do some thing with crypto but at the end maybe they see if the decision is not universal about crypto is not the good idea for them.

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Even when it represents a large percentage of the population, I do not see major changes, not in 2020 as you point out. I think this year will be better than 2019, but the big change will be gradual over the years.

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Surely most crypto users are from Asia. But the main capital in crypto comes from Europe and America. After all, the population there is richer. without real money, crypto is of no interest to anyone.

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Asia's population is higher than any other continent.  If China Crypto, India and Asia are present in the region, this could be a huge pump in the industry. We need a strong position in Asia.

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On 12/30/2019 at 3:59 PM, Mursanna said:

It seems that 37% of China and India still cannot influence the world of crypto in 2020. Maybe in 2020 the condition of crypto is the same in 2019

China and India have the worst time in their country internal issues and they are fighting for it as the China is suffering from the virus decease and the India PM create issues for itself.

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Many countries on Asia was user friendly for crypto and China was take their step to create their own coin. India has still a concern about crypto about the spreading issues about using of crypto on severe crimes.

 

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This already gives a very big effect on cryptocurrencies in the world. China is the largest cryptocurrency player in the world. It is in China that most exchanges, most miners and most traders. This can be easily seen at the price of bitcoin, after the outbreak of the coronavirus, its price flew deep down, there was a panic in China. This shows that China is an important component of the crypto world.

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If the legalization of Crypto become worth and people start using it for Maximum usage the surely it will impact the Crypto, as india owns huge population and huge investors will be working in Crypto in future from india too like on stock.


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On 12/30/2019 at 12:47 PM, rjroshan said:

The google said that China and India currently account for about 37% of the entire global population.

How this can effect for crypto wold in year 2020?

Both these countries are coming from Asia.

Well, the effect is obvious now. Corona Virus started from China and spreaded out in the rest of Asia. As a result, Bitcoin price has decreased a lot because of this epidemic. So, most of Asian countries play a big role in Crypto market. 

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Asian countries are accepting the cryptocurrencies as India become another country to legalize cryptocurrency. You know China is already into the cryptocurrency world. There are so many outstanding cryptocurrency projects from China for this world. 


 

 

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On 1/2/2020 at 1:50 PM, Opinder said:

India and China are big markets of the world. China has started supporting crypto and if India also start supporting it then it will be on boom. But I do not think India is going to do something for crypto in 2020.

what makes it have a sizable impact at the cryptocurrencies because the number of people interested by huge crypto prices is in india and china

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