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RE: Bitcoin in India and Korea at 2000 USD! Will World Follow?

in #bitcoin8 years ago

Bitcoin in India is mainly more expensive than other countries because there are simply 2-3 exchanges from where you can buy the Bitcoins with INR. So whenever there is a high demand of Bitcoins, these exchanges increase the prices even more, to maintain a balance with the supply. And yes, Bitcoin price increae in India is generally a good indicator of worldwide price increase.