Bitcoin Forum

Many times in 2016, minimum bitcoin buy rate at international exchanges has gone over 450 USD. But, someone in India is always selling below 30k INR. When this base shift will happen? What is your prediction?

Almost price is hovering around 450$. If it sustain this level for next couple of days then price should zoom past this and then we have 30000 base price easily.  :)

when the price of bitcoin goes above $500 we can see Bitcoin price above Rs.30,000/- for sure.

Price reached close to 460$ inching towards 30K. In this week it seems to touch 30K.

Price has crossed 30K couple of days back and fallen as well  :(. But slowly started to gain back to 450$ mark. :D

Yeah will likely hit again. Atleast we are seeing some movement now a days.

Price has started to fall again.It is difficult to predict bitcoin price but I guess it will come back to $420-$430 this week

OP watch out !! Price crossed 30k.
Also today the Bitcoin price in India are more closer to international prices.

It is good news.If prices in Indian market and international market remain same,it will increase the volume in Indian exchanges

i think now you got your answer. finally bitcoins price in Indian exchange raised to 30k inr.
on zebpay buy rate is 30064inr,btcxindia 30490inr.hope it will always increase :D

On Unocoin even sell rate crossed 30k (30200 INR). And it is only Unocoin which is paying you more than 30k per btc atm.

Haha that is like saying there should only be buyers and not sellers ;)

Cool. So now on selling you are getting 30k. Hoping to cross 35k in coming month

The price has already went up towards more than 30000 INR.

The question is now, when will it be 50,000? :P

Looks like I have to cancel my buy order at 29,500 INR.I think price is not going to go below 30k

Yep. Set it at market. I can guarantee that you will still get great returns on your investment ;)

I would rather wait and watch.Bitcoin prices are unpredictable you never know what is the right time to buy.I think this price hike is due to all the media attention being given to self claimed Satoshi craig wright.As the dust settle,price will come down to $400

Where have you set @ 29500 ?

it was above 30k 2 weeks back

At zebpay trading platform.Btw I have canceled it because I think prices will not going to fall soon and buying at higher price wouldn't be a wise decision.I would wait and watch

You think prices will not fall soon, and if this price is high then you actually expect the prices to fall . But as you said prices wont fall soon so I think than you should actually be buying at the moment rather than wait.

No as I said I dont expect prices to fall soon so I would rather wait and watch instead of buying at current rate

As you said prices will not fall soon - so it means it will be stable or will rise. So if you buy now and price rises you can sell rather than just waiting and watching.

I dont think it is wise to buy when price us rising.People who bought at $1000 still not able to recover their loss even after 3 years

yes i also think price will never go down.so waiting for price down is your silliness because from one year longer i didn't see btc price going down in every 4 days.