Re: Bitcoin Hits $1080 in India

Volume of bitcoins handled in Indian market is miles n miles away from the volume of bitcoins handled in the Chinese market.
Chinese bitcoin exchange Market has huge influence on the global bitcoin volume. As far as Indian btc market is concerned yes, it was also affected. Prices from 79000 slumped to 62k ~ 64k.
Many times it has been observed that 10k premium present in indian btc market.

Quote from: BtWill1Million on January 13, 2017, 12:07:39 PM

Unlike many regions, the Indian Bitcoin market has a robust Bitcoin infrastructure, with reputable and regulated Bitcoin exchanges including Zebpay, Coinsecure and Unocoin. The three venture capital-backed exchanges have provided the necessary infrastructure for local investors to trade Bitcoin with ease. "

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

As per my understanding, Coinsecure is bitcoin exchange, zebpay is not. Zebpay is app based bitcoin wallet.