Post
Topic
Board Speculation
Re: Bitcoin Prices In India Is Higher
by
bozo333
on 09/03/2018, 02:13:25 UTC
Experts claim that demand outweighs supply in India, pushing the Bitcoin price in the country up to 20% higher than international prices.

Some Indian e-commerce platforms have started recognising the digital currency as well. FlipKart and Amazon are already giving customers the option to convert Bitcoin into regular currency and purchase goods with it.

So there is huge demand and this can cause some problems in future so caution is needed when investing as any moment govt or RBI may ban it.
India is the high population country so demands are increase in the country but it is depends on the crypto market supply it will not affect any moment in India. I think RBI also supporting in cryptocurrency because centralized cryptocurrencies are created in India so it will never ban it and many MNC companies also creating the own cryptocurrency so RBI banned in Bitcoin automatically crypto war is possible in India.