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Topic: Forget China, India will be next - page 4. (Read 3871 times)

legendary
Activity: 2674
Merit: 2965
Terminated.
May 15, 2014, 07:15:36 AM
#7
Well this will take time, for adoption. If you look at the exchange right now, there are only a few trades going from time to time.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
May 15, 2014, 07:14:46 AM
#6

Do they accept non-inr payment from overseas account ? AFAIK NO. To actually compete with BTC China or Huobi volume... first Indian regulators need to open up foreign money to come in and go out at ease ...which is till date impossible. Even PayPal has got crippled in India. 2 Indian cant exchange money within India using PayPal. So, unless regulation changes, u cant accept any Indian exchange to compete China volume LEGALLY !!!

...But well. A really good move and hope it'll open up many doors in future ...In India, Bitcoin is still in its infancy
legendary
Activity: 4214
Merit: 1313
May 15, 2014, 07:07:24 AM
#5
The Chinese government are only trying to protect their own currency (fair enough with the state of the $) but they're going to regret trying to completely stop any real BTC development there.

India is a booming economy and can easily spark the next bull run.

By protecting their currency they are trying protect their power - the power of the rulers.  You are right about both India and China.

hero member
Activity: 798
Merit: 1000
May 15, 2014, 06:18:59 AM
#4
The Chinese government are only trying to protect their own currency (fair enough with the state of the $) but they're going to regret trying to completely stop any real BTC development there.

India is a booming economy and can easily spark the next bull run.
hero member
Activity: 765
Merit: 503
May 15, 2014, 06:16:46 AM
#3
Yep
sr. member
Activity: 952
Merit: 281
May 15, 2014, 06:16:21 AM
#2
Perfect timing for a rally Smiley
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