Quote from: cuddaloreappu on November 28, 2017, 01:39:58 PM

Bitcoin prices are much higher in India

First of all Bitcoin, price is different each country depending upon factors like demand, exchange rules and so on. Coming to India, its price is above the international market because users are trying to dump their coin rather than continuous buying and selling. As stated by one of the prominent exchange "Zebpay" at the time of high volatility users are attracted and try to invest in Bitcoin but at the same time, sell order decreases subsequently leading to shortage of Bitcoin in market. Hence rise in price as compared to global market.

Quote from: pisston on November 28, 2017, 08:04:29 PM

Quote from: OuterTech on November 28, 2017, 03:59:02 PM

LOL. As I know it's not the highest price of Bitcoin all over the world. If you want to see higher price of Bitcoin you should take a look at the price of Bitcoin in Zimbabwe, when Bitcoin price in almost countries all over the world was only 9k$ but in Zimbabwe it was 12k$ per Bitcoin

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if this was true, then I would be very happy with and happy for such a country as Zimbabwe. this is how much you need to have the resources to be willing to pay such money for bitcoin. I think that this story of the field of fiction. but what we see different prices bitcoin today, and uniquely make sure that the predictions of good future bitcoin justified.

Coming to Zimbabwe, I dont think you will really like the conditions and atmosphere of the country. There is a definite reason why price of Bitcoin is souring at $18,500 when globally price still struggles to reach $10,000. Just looked into the country and found some of the major reasons why price is driven to such extent and few of them can be noted as citizen of Zimbabwe are trying to move their asset and saving to decentralized currency as political turmoil deepens in the country. Further it may stuck with major economic and financial conditions in the coming days due to which people are moving their asset to a currency which is not affected by the upcoming tension.