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Topic: India Bitcoin trading - daily market prediction and speculation thread - page 2. (Read 4882 times)

legendary
Activity: 1358
Merit: 1000
We should also have a month-end prediction.
My prediction, INR 20K by 31-Aug. Let us see if the bull rears its head in the next 2 weeks.  Grin
sr. member
Activity: 861
Merit: 423
In our platform, we allow to buy/sell different amounts at different rates. Hence, we have seen, many users put up small amount for higher rate, but big amount for lower rate. To be precise, an user A simultenously executes two trades...

1. 0.1 BTC @ 1700 INR

2. 1 BTC @ 16800 INR
legendary
Activity: 1258
Merit: 1001
When you predict - also tell on which platform. Sometimes up to 5% diff among diff platforms - so any wild prediction will be true if it is just a number lol
legendary
Activity: 1105
Merit: 1001
https://www.zebpay.com
gambly says 17600 to 18000 :p

17100 to 18000 ;P
FTFY

Regards

legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
gambly says 17600 to 18000 :p
legendary
Activity: 1105
Merit: 1001
https://www.zebpay.com
Hi all,

Lets start a daily prediction and speculation thread as per Indian market.

Normally Indian markets follows foreign exchange trends as we dont have a good price discovery force and mechanism to explore here, in laymen terms we dont have enough liquid and active published source of trades and order book which can give us trends as per Indian market conditions.

But still Indian market has some specific attributes which will make predictions at least entertaining.

We have below players in market
1) LocalBitcoins
2) Unocoin
3) CoinSecure
4) BtcXIndia
5) iGot
6) 100bit.co.in
7) Zebpay

I will start with my prediction :
I think we will be in the range of 17100 to 17500 today. Monday should always go up if weekends has down trends Smiley


Trend : 17100 to 17500 today
Regards

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