Bitcoin Forum
November 16, 2024, 07:05:11 PM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2017-05-18] Around 2,500 People in India Are Investing In Bitcoin Every Single  (Read 6308 times)
tyz (OP)
Legendary
*
Offline Offline

Activity: 3360
Merit: 1533



View Profile
May 18, 2017, 06:11:46 PM
 #1

Around 2,500 People in India Are Investing In Bitcoin Every Single Day Despite RBI Warnings

India remains a critical region for Bitcoin adoption right now. Even though the local central bank advises consumers are cautious when dealing with Bitcoin, consumers are disregarding the warnings. In fact, it appears nearly 2,500 people invest in Bitcoin every single day. That is a rather surprising number, although it may only be a hint of things to come. Things are looking quite good for Bitcoin in India, that much is evident.
To put this story into perspective, the numbers related to the ZebPay exchange. The company mentions they add about 2,500 people every single day. This does not mean they are all active users, though. However, it does highlight a growing demand for Bitcoin in India, which is a positive development.  ZebPay has always been one of the more popular Bitcoin exchange platforms in the country. It does not appear that the situation will change anytime soon.

http://www.newsbtc.com/2017/05/18/around-2500-people-india-investing-bitcoin-every-single-day-despite-rbi-warnings/
BitcoinPanther
Hero Member
*****
Offline Offline

Activity: 1918
Merit: 564


View Profile
May 18, 2017, 06:30:29 PM
 #2

It seems Bitcoin is gaining ground in India.  With 2500 people investing to Bitcoin every day,  there is no doubt that bitcoin will have the Indian government attention.  Probably with the transaction being created every day, the Indian government may impose a regulation to take advantage of the growing market and tax these people of their bitcoin transaction.  Bitcoin will be among the things that will generate profit for the Indian government.
Prohodimec
Hero Member
*****
Offline Offline

Activity: 826
Merit: 501


View Profile
May 19, 2017, 04:04:08 AM
 #3

It seems Bitcoin is gaining ground in India.  With 2500 people investing to Bitcoin every day,  there is no doubt that bitcoin will have the Indian government attention.  Probably with the transaction being created every day, the Indian government may impose a regulation to take advantage of the growing market and tax these people of their bitcoin transaction.  Bitcoin will be among the things that will generate profit for the Indian government.
This is a kind of good trend in cryptography for a special country in India. It has already been reported that go very aggressively to legalize the extensive use of Bitcoin in your country
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!