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Topic: 2016 rally is led by India - page 3. (Read 1781 times)

legendary
Activity: 2198
Merit: 1049
December 26, 2016, 06:52:55 AM
#1
Reason of the spike of 2013 is generally attributed to China, as BTCC was leading the CNY price, which was followed by Mt. Gox in USD equivalent.

In 2016, because of demonetization, bitcoin was trading over 900 USD equivalent in India far before the USD exchanges reached 900 USD.

Hence, do u think, it can be concluded that India led the rally of 2016, like China led the rally of 2013?
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