Even Gold-Obsessed Indians Are Now Pouring Billions Into Crypto

[johnarb]

Hmnnn. I guess (just guess), that there was similar arguments before -

If you're going to compare CFD's with bitcoin and cryptos, then you must have a similar list of adoption for CFD's to the ones I posted?


PayPal bitcoin and cryptos integration took about a year, I think due to regulatory approvals and systems development

Now, PayPal is doing hundreds of millions of $ worth of daily crypto transactions and they've discussed significant active user engagements as a result of bitcoin and cryptos

Morgan Stanley bitcoin announcement for their HNW clients was months ago and I think it's not active until next month. Who knows how long and how much resources they have put in to get the legal and regulations approved internally and externally

Regular people can front-run these rich f*ckers and buy bitcoin now instead of listening to ET fud

Each item on my list was no small task that required a meeting in some conference room and voila, active the next day

 

[Sikabum]

That is really strange for me because bitcoin is in a flat for the last 30 days and all other altcoins are dumping hard. I am not trading now, because the market is very unstable and I can't be sure if the trend is bullish or bearish. So trading is dangerous now. But investing is something that can be used anytime. If you are ready to wait you can buy some BTC and Eth or ADA. But shitcoins like dogecoin will cost nothing in the future. I bought some crypto at the last dump on Paydepot.

 

[terzioglu]

Cryptos are the most successful tool for suppressing gold prices. I won't be surprised a bit of some three letter organization being involved in the development.

 

[yana hansen]

Can’t deny what’s written in the post. I have friends in India and they’ve always talked about their love for gold. However, people have started investing in various asset classes in the recent years which sounds like a positive change. People are more willing to take risks now.