Now India also has a Bitcoin Exchange!

Discussion in 'Digital Currencies' started by Emanance, Dec 21, 2013.

  1. Emanance

    Emanance Guest

    http://unocoin.com

    http://unocoin.com/contact.php

    Just a few thoughts out loud:

    1) What happened last time 1 billion savers from the developing world where given easy access to the Crypto market!?

    2) There is more gold held privately in India than any other country on Earth. Is this going to be a plus for Crypto or a minus?
     
  2. millededge

    millededge Active Member

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    The Indian situation is different

    I'm not sure gold has any major bearing. India has tariffs on imported gold, to discourage purchase, whereas China is all for importing it, although China has capital controls to prevent renmimbi being invested outside of China.
     
  3. JulieW

    JulieW Well-Known Member Silver Stacker

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    India is all about capital controls at the moment. The currency is diving and inflation is up.
     
  4. matt71

    matt71 Member

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    Venezuala next to pile into it!
     
  5. ninteno

    ninteno Member

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    Cryptos will become more ans more popular around the world.

    Its easy, its private, its cool. Third asset for me after own home and PM.

    Only thing is we are fighting again against fed
     
  6. Emanance

    Emanance Guest

    http://www.coindesk.com/new-bitcoin-exchange-service-indonesia/

    Another day, another nation it seems. Now Indonesia is jumping on the band wagon.

    So accessibility to BTC is going parabolic around the globe, even when it's prices are not. Should mean one hell of a massive parabolic climb higher in prices when these national markets 'wake up' in a few short months time.
     
  7. matt71

    matt71 Member

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    Whatever ones opinion is about cryptos it seems the idea of it is here to stay..which ones do is anyones guess.

    Try and fight the invention of the wheel and you get left behind with your old beleif systems...
     

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