We lack awareness and trust on blockchain tech. Can't see this going on the success road anytime soon.
China seems to be working on their own altcoin though.
Chinese govt is mean, they would definitely push their people to accept it if they launch it.
Thats not the case,i can guarantee you that most of the cryptocurrency project developed are directly or indirectly connected from india.the reason is that they remain in anonymous or work for others.
You can also see what demonetization in India did to bitcoin price !
Are you telling the globally price went up during demolition time because Indians purchased a lot btc
China already holds the majority of coins so even if India purchase 5% or so during that time price will not steep rise due to it.
He meant the premium we pay on the international price in India but that's irrelevant here, not sure what he is trying to convey here.
Also I believe 5% or even lower could impact the price, that's how whales move the market.
@Forbiddenone Yea sure they might be developed in India I am not sure about that, however that should amount to handful of peeps.