Actually it can't make Bitcoin go up to the moon, because yesterday the price of Bitcoin is normal and there is no significant price increase.
If Bitcoin wants to go up in price it might need news or strong info like, the whole world accepts payments with Bitcoin etc.
But the rest is good too because India is opening up to Cryptocurency.
I think India can't make bitcoin to go to the moon
because India is small country and maybe they don't habe many bitcoin investors to invest into bitcoin. I think there are so many factors that affect bitcoin price. So maybe it will not change with a simple country like India.
Strange. When did India considered a small country?
India has a lot of potential investors: but how much do they know about bitcoin and crypts? In my opinion, as a nation, it would have enormous potential to push up the value of bitcoins.
Base on the fact that India has a big market for tech experts, I'm assuming that there are a lot of potential investors. However, I think that its not that enough to push the value of bitcoin.
In my own opinion i think the US is one of the few countries that can push bitcoin to the “moon”. India cannot influence bitcoin as much as either USA or Russia because these countries are well developed and organized. So whichever market they go into, they thrive.
Good point. US is still the leader and its influence has no boundaries be it in political or economic levels globally.
