Quote from: aso118 on April 27, 2017, 02:02:30 AM

Quote from: webtricks on April 26, 2017, 04:42:16 PM

So today is the remarkable day for Indian Economy.
Indian Stock Exchange closed at all time high 30,135, first time 30k+. Moreover, Bitcoin crossed $1400 in domestic market of India.
So how you all guess Indian Economy in coming future. Is it going to be the new super power on international frontier? Does India seeing its best government ever?
Waiting for views....

Bitcoin trading at a premium in India does have its reasons... Capita controls imposed by the government, demonetization removing cash, etc.
I don't think it is related to the Indian stock markets hitting all time highs.

Exactly mate. Demonetization in India was highly impact their economy and I believed Indians are now getting into stock market and bitcoin. Its good for bitcoin ecosystem though, it just shows the Indians are really into bitcoin investment temporarily. I don't know when the Indian government will lift up the demonetization mandate, but I hope if it is lifted, bitcoin will still continue to flourish in India because we all know that is in one of he most populous nation and image just half of the population into having bitcoin, that is huge impact indeed.