Bitcoin Forum
May 04, 2024, 09:06:14 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Bitcoin hits $17bn market cap  (Read 783 times)
rsarkar (OP)
Jr. Member
*
Offline Offline

Activity: 102
Merit: 5


View Profile
January 04, 2017, 01:48:47 PM
 #1

Bitcoin hits $17bn market cap.How much is the Indian share of the total market cap?

https://localbitcoins.com/accounts/profile/rslsrkr/
1714856774
Hero Member
*
Offline Offline

Posts: 1714856774

View Profile Personal Message (Offline)

Ignore
1714856774
Reply with quote  #2

1714856774
Report to moderator
In order to achieve higher forum ranks, you need both activity points and merit points.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714856774
Hero Member
*
Offline Offline

Posts: 1714856774

View Profile Personal Message (Offline)

Ignore
1714856774
Reply with quote  #2

1714856774
Report to moderator
1714856774
Hero Member
*
Offline Offline

Posts: 1714856774

View Profile Personal Message (Offline)

Ignore
1714856774
Reply with quote  #2

1714856774
Report to moderator
merc1969
Jr. Member
*
Offline Offline

Activity: 78
Merit: 1


View Profile
January 04, 2017, 02:57:00 PM
 #2

What does "Indian share" even mean in this context Huh?

Bitcoin hits $17bn market cap.How much is the Indian share of the total market cap?
newIndia
Legendary
*
Offline Offline

Activity: 2198
Merit: 1049


View Profile
January 04, 2017, 03:30:47 PM
 #3

Bitcoin hits $17bn market cap.How much is the Indian share of the total market cap?

Unfortunately, there is no way to know the real Indian share. But, if the Indian exchanges publish their bitcoin holding, we might get a rough picture.

polynesia
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000



View Profile
January 04, 2017, 04:45:41 PM
 #4

What does "Indian share" even mean in this context Huh?

Bitcoin hits $17bn market cap.How much is the Indian share of the total market cap?

The value of bitcoins held by Indians?
It really doesn't make much sense, given that Bitcoin knows no borders.
bitcoinisbest
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 557


View Profile
January 04, 2017, 07:06:15 PM
 #5

Bitcoin hits $17bn market cap.How much is the Indian share of the total market cap?

Not sure how much does India trade btc across the year as compared to other counterparts. But for sure it will be very less negligible % when compared to China and other country as India is still at a very nascent stage. Slowly but making progress and on the way to achieve big thing.
lady Royal
Hero Member
*****
Offline Offline

Activity: 720
Merit: 500


View Profile WWW
January 04, 2017, 07:08:19 PM
 #6

well that's pretty impressive but why are you mentioning Indians and why you want to know the share of Indians? Maybe because they are taking too much interest in Bitcoins well if so then they may have a great share in the market. We can only know if the exchanges tell us how much bitcoins they are holding or we hear anything from them otherwise we cannot say anything. But right now i guess people from all the world are taking interest in Bitcoins.


███
███
███
███
███
███
███
███
███
███
███
■   .PRIVATE SALE is LIVE.   ■
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
Whitepaper   ■   Bounty   ■   Bitcointalk

███
███
███
███
███
███
███
███
███
███
███
                        ███
                     ▄▄ ▀▀▀ ███
                     ██▀ ▄▄ ▀▀▀
                   ▄▄    █▀▀ ▄▄ ██
                   ▀▀ ▄█  ▄▄ ▀
                  ██  ▀ ▄ ▀
                  ▄▄ █▄ ▀▀
                  ▀▀  ▄ ▀
   ▄▄              ██ ▀ ▀
   ██▀               ▄ ▀
  ▄  ▄█         ▄ ▄   ▀
 ███  ▀ █▄ ▄▀ ▀▄  ▀  ▄ ██ ██
  ▀▀ █▄ ▄  ▄█ ▀ █▀  ▀ ▄ ▄▄  ▄█▄
███     ▀▀   ▄█▄       ▄ ▀ ▄ ▀ ▄
▀▀▀ ██ ██ ██  ▀         ▄▄ ▀▀ ▀██
                         ▀ ▄█  ▄▄
                        ▄█ ▀▀ ▀██
                        ▄ ▄█▄
                       ▀▀ ▀▀
                      ██
..Skynet..
███
███
███
███
███
███
███
███
███
███
███
Telegram   ■   Facebook   ■   Twitter   ■   Medium   ■   Reddit   ■   LinkedIn
.CREATING THE INTELLIGENT MACHINE ECONOMY.

███
███
███
███
███
███
███
███
███
███
███
bitcoinisbest
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 557


View Profile
January 05, 2017, 06:10:32 AM
 #7

well that's pretty impressive but why are you mentioning Indians and why you want to know the share of Indians? Maybe because they are taking too much interest in Bitcoins well if so then they may have a great share in the market. We can only know if the exchanges tell us how much bitcoins they are holding or we hear anything from them otherwise we cannot say anything. But right now i guess people from all the world are taking interest in Bitcoins.

It could be because we are from India, and Indian economy is growing at the good pace compared to other countries in economy and when compared to bitcoin we are far behind then other countries. With majority of population being young ideally we should be leading in bitcoin technology but this is not the case yet. Let us see how far and how much we can go ahead.
nkc007
Newbie
*
Offline Offline

Activity: 32
Merit: 0


View Profile
January 12, 2017, 06:32:48 AM
 #8

well that's pretty impressive but why are you mentioning Indians and why you want to know the share of Indians? Maybe because they are taking too much interest in Bitcoins well if so then they may have a great share in the market. We can only know if the exchanges tell us how much bitcoins they are holding or we hear anything from them otherwise we cannot say anything. But right now i guess people from all the world are taking interest in Bitcoins.

It could be because we are from India, and Indian economy is growing at the good pace compared to other countries in economy and when compared to bitcoin we are far behind then other countries. With majority of population being young ideally we should be leading in bitcoin technology but this is not the case yet. Let us see how far and how much we can go ahead.
It is because of demonatisation that resulted in instant surge of bitcoin.thats show how much indian is participating and depositing their money in form bitcoin. Grin
rsarkar (OP)
Jr. Member
*
Offline Offline

Activity: 102
Merit: 5


View Profile
January 12, 2017, 10:08:48 AM
 #9

$5bn erased out of the market since I posted it.

https://localbitcoins.com/accounts/profile/rslsrkr/
nizamcc
Legendary
*
Offline Offline

Activity: 1218
Merit: 1007



View Profile
January 12, 2017, 06:53:22 PM
 #10

I don't think that the number will be huge as compared to others because bitcoins is still very new to Indians, and to many, this had been introduced as a way of making quick profits through trading the volatility of its markets. So, many were like "in and out" of the game during the boom and crash.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!