Quote from: CoinCidental on November 22, 2016, 10:47:27 PM

Quote from: ArticMine on November 22, 2016, 10:21:00 PM

Quote from: TrueCryptonaire on November 22, 2016, 06:57:01 PM

The price of bitcoin is around 900 usd in India.
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).

https://localbitcoins.com/country/IN

My speculation is that the majority of the weak hands have been shaken out and when we prepare for bitcoin mooning we might see actually new ATH of Monero as well both in terms of fiat and bitcoins (some of the bitcoin maximalists might diversify a little).

It may be, but the fundamentals simply do not support it. There is simply no way that Bitcoin, with its 1 MB blocksize limit, can make even a minuscule dent in the cash transaction market in India no matter how many large denomination Indian rupee bills are taken out of circulation by the Indian government.

you should google " bitcoin unlimited " ............

Try convincing enough of the miners of that... It's still not 95%. Yet.