Topic: Bitcoin Prices In India Is Higher - page 2. (Read 294 times)
It is regular and usual thing that local coin prices are bit higher. It is generally about that country's demand and supply + regulation and hardship to obtain coins. In Turkish exchanges coin prices are higher too.
Experts claim that demand outweighs supply in India, pushing the Bitcoin price in the country up to 20% higher than international prices.
Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
There are capital controls in india. So its domestic market has more demand for bitcoin and other cryptos compared to international markets, especially those located in countries where their currency is more unregulated in terms of going across borders and transferring.
Historically India has always been ahead in terms of price, compared to the world.
No big surprises, and also it's not indicative of the future prices because it's a demand problem. It's not like India is leading the way on international markets with prices moving before the rest, it doesn't, because otherwise it would tank in the opposite direction too and it's not doing that.
So from an arbitrage point of view, there is potential to exploit this. But I'm assuming loopholes are close to none because the markets are showing this through the inflated prices.
i didn't know it is still higher but it has been higher nearly all of 2017.
and the reason for that was because India was somewhat cut from the rest of the world because of their banking system so no bitcoin went in the country to be sold to fiat because fiat could not exit there so the bitcoin supply stayed lower while the demand for bitcoin (thanks to government shenanigans) have been rising more and more every day, so the price went a lot higher over there.
and the reason for that was because India was somewhat cut from the rest of the world because of their banking system so no bitcoin went in the country to be sold to fiat because fiat could not exit there so the bitcoin supply stayed lower while the demand for bitcoin (thanks to government shenanigans) have been rising more and more every day, so the price went a lot higher over there.
Experts claim that demand outweighs supply in India, pushing the Bitcoin price in the country up to 20% higher than international prices.
Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
What caused this to happen? When the price of Bitcoin in the Chinese market declines, in India it rises on the demand of Bitcoin and the consistent growth of Bitcoin trade volume every day. The deterioration of financial turmoil and economic uncertainty in the country has raised serious concerns on the long-term and short-term performance of the local currency Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
Experts claim that demand outweighs supply in India, pushing the Bitcoin price in the country up to 20% higher than international prices.
Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
This puzzles me a bit. Most of the responses here are negative. The way I look at it, it is positive. The demand is rising and is in fact outweighing the supply. Well, the supply is static. Therefore, there will be no more movements. What moves is the price. Meaning, the bigger the demand the higher the price goes.
Most of you guys are from India, right? Is this issue of Bitcoin getting banned there not yet settled until now? I heard the government authorities are already saying that there will be no ban, only regulations. Anyone truly informed clears this out? Thanks!
Experts claim that demand outweighs supply in India, pushing the Bitcoin price in the country up to 20% higher than international prices.
Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
That is good news, bitcoin is very appropriate for e commerce business, by using bitcoin the e commerce business can lowering the cost of bank service that always expensive. If the price in india is higher the you can sell your bitcoin there then buy bitcoin again in international famous exchanges. Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
Experts claim that demand outweighs supply in India, pushing the Bitcoin price in the country up to 20% higher than international prices.
Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
India is the high population country so demands are increase in the country but it is depends on the crypto market supply it will not affect any moment in India. I think RBI also supporting in cryptocurrency because centralized cryptocurrencies are created in India so it will never ban it and many MNC companies also creating the own cryptocurrency so RBI banned in Bitcoin automatically crypto war is possible in India. Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
I don’t know whether these news is true or not. Many recent good news about India have not been verified. Bitcoin is in India. I think it needs to be observed for some time before news that the Indian Prime Minister banned Bitcoin. Now, on the contrary, I think we still need to wait for more information to judge.
Experts claim that demand outweighs supply in India, pushing the Bitcoin price in the country up to 20% higher than international prices.
Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
The prices have been higher in India for sometime already, and there have been many reports that a ban maybe close, but it doesn't matter bitcoin cannot be banned, unless they find a way to identify who is a bitcoin user and then take steps against those users i do not think the ban is going to be effective, besides what is is stopping the people from India to just move to another country and buy bitcoin? Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
Experts claim that demand outweighs supply in India, pushing the Bitcoin price in the country up to 20% higher than international prices.
Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
And the higher price might be for its unabailability or the volatility of btc price. 20 percent extra charges may be for the safety issue in terms of not clount any loss while btc get the rock bottom. No body knows miracles are not new in crypto world. Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
Experts claim that demand outweighs supply in India, pushing the Bitcoin price in the country up to 20% higher than international prices.
Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
It will be ban eventually as far as i know the prime minister of india hasnt accepted btc or announce it as a legel currency to make any transaction or deals. Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
So those who ever is using it or have been added it. It will be stopped as it hasnt get the attention of govt people yet.
Experts claim that demand outweighs supply in India, pushing the Bitcoin price in the country up to 20% higher than international prices.
Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.
So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
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