Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
mymenace
on 12/01/2017, 22:25:04 UTC
Bitcoin's gone up to $1080 in India. That might account for the little rise beyond $800 elsewhere.

https://cointelegraph.com/news/while-misleading-information-on-china-stalls-price-bitcoin-hits-1080-in-india



fantastic point we have here gentlemen.... how is that possible?? i just checked and 1 BTC = 67.570 INR    (do the math this is equal to 933.44 EURO)

can somebody explain this HUGE gap in price???

indians do not have access to cash and are limited to gold, so bitcoin is the next option. Indian Gold as well has a large difference to western markets

the 500 and 1000 rupee fiat dollars were removed from the economy about a month or 2 back