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Author Topic: Again Indian markets are leading. India buying bitcoins for ~$1500  (Read 1474 times)
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March 07, 2017, 05:03:36 AM
 #21

So far It is the biggest price among the popular exchange sites even in our local. I never tried selling my coins in other exchange sites aside from our local. Indians are good in promoting, a lot of them are really active in investing bitcoin related and they are known as a great adopter of current trends.

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March 07, 2017, 05:10:33 AM
 #22

Surely India is getting serious with the market of bitcoin. And if I were living there probably I'll sell some of my coins there. I assume that zebpay is assuming that the price of bitcoin will be higher than $1,500 so they are trying to buy bitcoins at that price. But I'm wondering why do they need to do that if the price is not coming up to that point.

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March 07, 2017, 05:38:56 AM
 #23

If realy in india exchanger bitcoin price until reach 1500 dollar
i think india people can easy to take profit use arbitrage trading strategy

you can team work in youre friend from india, you buy in local exchanger and selling to youre friend from india


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March 07, 2017, 06:25:58 AM
 #24

If realy in india exchanger bitcoin price until reach 1500 dollar
i think india people can easy to take profit use arbitrage trading strategy

you can team work in youre friend from india, you buy in local exchanger and selling to youre friend from india

no that is wrong.
because simply put, if there was opportunity to do arbitrage trading, price wouldn't have been high in first place or didn't stay high at least. why do you think bitfinex and bitstamp and kraken and .... have the same price? it is not magic.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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March 07, 2017, 09:06:23 AM
Last edit: March 07, 2017, 09:23:26 AM by edgar
 #25

What kind of an idiot buys at $1500 when the price is more than $200 below that?
I just wonder a legendary member asks how bitcoin prices are being determined.

Could you explain why bitstamp and bitfinex are not showing same prices all the times ? Or Could you explain why people here in this forum are paying 5% to 20% extra than preev rates ?

People who want to buy bitcoins with their local currency pay extra than major exchanges. No surprises nor brainless action.

Especially one whos been 'flipping coins since 2007'

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March 07, 2017, 09:59:33 AM
 #26

the most interesting part of this higher price to me is the accompanied high volume. i could have expected a lower volume with much higher price but it seems like the demand coming from India is so much more than we could have expected.

it seems like Indians are going to be the new Chinese.

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March 07, 2017, 01:36:35 PM
 #27

India is one of the largest technology hub in Asia. I am not surprised that the people at India believe in Bitcoin and is investing into it. Hopefully that this hot topic in India will bring Bitcoin up again. And then more people will believe in Bitcoin and give it a go. Smiley.

Singapore could be next.

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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March 07, 2017, 02:31:59 PM
 #28

the most interesting part of this higher price to me is the accompanied high volume. i could have expected a lower volume with much higher price but it seems like the demand coming from India is so much more than we could have expected.

it seems like Indians are going to be the new Chinese.

India volume
https://exchangewar.info/coinprice?btc_inr


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