Taking a look at that image reminds me of something:
https://s-media-cache-ak0.pinimg.com/originals/7f/22/ff/7f22fff4cd4f9965714f1f63b3fc8616.jpg\Your thread should read:
Interest in Bitcoin just peaked in India.
Interest can only go down from here.
Chances are the ones that were interested in it first already bought when Bitcoin was lower in price when the interest started rising.
It is interesting to note that India's interest and Bitcoin's price rose in tandem.
I would be cautious with Bitcoin especially with a weaker Yuan and stronger Dollar.
Ignore this post, this guy is a shill, just look at his post history. Make your own decisions when to buy and when not to buy. Anyone with a
bit of logical thinking can see that increased interest in India will drive up the price. The Trump presidency bumped the price, and now the
banning of the higher currencies are also bumping it too... So what is wrong with buying at a early stage, before more demand push it even
further... It's pure logic.
That is all you got?
Trump presidency also crushed bonds and made the Dollar surge and Yuan weaken.
Long term you may have a point but don't ignore the short term just because I don't tow your party line.
When making choices it is wise to look at as many factors that your eyes will let you see.
The surge in Bitcoin interest in India has reached 100.
That is the limit.
I guess you know the exact lag between interest and prices?
What if there wasn't any major lag between interest and when Indians did or did not buy Bitcoin?
All I know is that physics dictates that when something sways one way and hits an extreme that it will go back in the opposite direction.
Therefore, interest has peaked in India and will go down from here.
Calling me a shill won't change that.
