Post
Topic
Board Economics
Re: Differences in btc value?
by
roddy5
on 19/10/2017, 09:16:45 UTC
The price is based on supply and demand. We had this case with India and China too before they close their exchanges. If for example India had a high demand for bitcoin then you will see a 5-10% higher price compared to International price in the other exchanges. It's totally normal, If you could manage to register there and somehow sell your coins then you could actually make this profitable for you.

thank you sir  Grin it means its an opportunity  to gain more profit.

Yes it is the essence of trading, Law of supply and demand is always considered on the price. This is also the main reason why the price of the coin changes from time to time. You may take advantage of those different prices between markets.