Please stop buying bitcoins from India

[vaibhavsingh]

yeah prices here are highly inflated better buy from international sellers who are way cheaper.

[zahra4577]

yeah prices here are highly inflated better buy from international sellers who are way cheaper.

Yes Indian exchanges are making hay while sun shines.They are selling at exhorbitantly high price.I think this amount to unfair trade practices but since bitcoin is not regulated in India,we have no legal recourse.

[deadley]

yeah prices here are highly inflated better buy from international sellers who are way cheaper.

Yes Indian exchanges are making hay while sun shines.They are selling at exhorbitantly high price.I think this amount to unfair trade practices but since bitcoin is not regulated in India,we have no legal recourse.

You are forgetting they are just not selling, Indian exchanges also buying in highly inflated price. So how it is unfair trade practice.

[zahra4577]

yeah prices here are highly inflated better buy from international sellers who are way cheaper.

Yes Indian exchanges are making hay while sun shines.They are selling at exhorbitantly high price.I think this amount to unfair trade practices but since bitcoin is not regulated in India,we have no legal recourse.

You are forgetting they are just not selling, Indian exchanges also buying in highly inflated price. So how it is unfair trade practice.

How can you say they are also buying from India?They buy it from international market and sell to indians at higher price.Most Indians are not aware of international price or International sellers so they have no option but to buy from these exchanges.

[deadley]

yeah prices here are highly inflated better buy from international sellers who are way cheaper.

Yes Indian exchanges are making hay while sun shines.They are selling at exhorbitantly high price.I think this amount to unfair trade practices but since bitcoin is not regulated in India,we have no legal recourse.

You are forgetting they are just not selling, Indian exchanges also buying in highly inflated price. So how it is unfair trade practice.

How can you say they are also buying from India?They buy it from international market and sell to indians at higher price.Most Indians are not aware of international price or International sellers so they have no option but to buy from these exchanges.

lol, you can sell yourself in exchange if you want to sell your btc. Market price is less then 85k and they are buying around 94k in every indian exchange and site. Like Zebpay, Unicon, coinsecure .

[lordquanta]

Today out of blue zebpay dropped bitcoin price to 83k and after time it was switched to the 91k. Now imagine situation of people who initiated the trade by putting money when rate was 83 and by the time their transaction was cleared by zebpay, rate was back to 91k. 

[bitcoinisbest]

Today out of blue zebpay dropped bitcoin price to 83k and after time it was switched to the 91k. Now imagine situation of people who initiated the trade by putting money when rate was 83 and by the time their transaction was cleared by zebpay, rate was back to 91k. 

Wow this would have hit a jackpot those who have purchased it but I am sure that selling price of zebpay would not have increased this way as thier buying price rose. Currently thier buy is @ 91500 and Sell @ 85000. So that a huge spread between them 6500 Rs for just 1 btc.