Quote from: rulfito on November 17, 2016, 03:08:43 AM

Is this why the price of BTC on localbitcoins.com has gone up so high recently? The margin appears to me 10%+

Maybe, I'll sell some BTC and move to India.

What could I buy there as a foreigner tourist? Can I open a bank account, buy some property, gold, jewelry or something?

Its all about supply and demand, but I agree its gone up by much. But even the sellers there are not ready to sell at a lower price so the buyers automatically increase the price to buy bitcoins.