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/biz/ - Business & Finance


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11122433 No.11122433 [Reply] [Original]

Why is there such a strong Indian presence in crypto?

More Indians browse Coinmarketcap than any other nation except Americans and the Japanese

>> No.11122452

They have a society that is centered around scamming everybody, Alt coins have a Scammy reputation

>> No.11122470

because a billion people live there

>> No.11122473

Sometimes the Indian presence is so strong that you can almost smell it. Its distinct, lingering aroma.

>> No.11122477

>>11122433
india has a failing currency, everyone wants crypto as a way out of their corrupt country.

>> No.11122493

When there is a big opportunity to scam, you can bet your bottom dollar the Indians will be there. Also the Chinese.

>> No.11122538

It's an opportunity to raise themselves out of poverty. All they have is free time on the computer. If you scam one ETH and then do some smart trading in India you can be the richest in your villiage for doing nothing.

>> No.11122542

Other than them being scammers, crypto is also good opportunity to make money without much investment. Thats why you see so many zoomers, neets, pajeets, college children and retards on /biz/. Those people would not make it anywhere but at least crypto lets them dream of being rich after their scamcoin 1000x moons.

>> No.11122749

>>11122473
curry niggers

>> No.11123655

Maybe because they want to escape poverty? They want to improve their lives, have some empathy for your fellow man you fucking racists.

>> No.11123706

>>11123655
>t. pajeet

>> No.11123729

>>11123655
Thanks Rangoosh. Make sure you scoop up the mess you left in the alley way.

>> No.11123761
File: 307 KB, 1080x1203, Screenshot_20180918-150918_Twitter.jpg [View same] [iqdb] [saucenao] [google]
11123761

I don't know but I find them hilarious

>> No.11123795

>>11122433

Indians love scams. Duh.

>> No.11123825
File: 368 KB, 1000x1419, 1517688599496.jpg [View same] [iqdb] [saucenao] [google]
11123825

>>11122433
superpower 2020 powered by crypto

>> No.11123832

>>11123655
it's impossible to have empathy for indians. they're soulless parasites, always acting arrogant and trying to scam you
and the most educated ones are beta fucks bitchboys who emigrate to the west and cry about racism and not finding a girlfriend. that's probably you

>> No.11123864
File: 18 KB, 437x510, 1536801540574.jpg [View same] [iqdb] [saucenao] [google]
11123864

>>11123655
(you)

>> No.11123872

>>11122452
>The Ruskies will scam you goy, don't trust them
>The Chinks will scam you goy, don't trust them
>The Pajeets will scam you goy, don't trust them
>We won't scam you though, trust us

>> No.11123892

>>11122433
Indians are literal cockroaches
Wherever there is sugar or warm they will swarm and leave their excrement everywhere thus contamining whatever the place.
And like cockroaches they not only live in extreme putrid dirt but they also multiply fast.

>> No.11123922
File: 32 KB, 640x722, 1521133255112.jpg [View same] [iqdb] [saucenao] [google]
11123922

>>11122433
for Indian nationals it's forbidden to transfer money outside their country (my landlord is indian, he told me)

So if I have a 1000 rupies on an indian bank account I'm not allowed to convert that into lets say dollars and transfer it to a US account.

with bitcoins you can bypass this ban.

>> No.11123945
File: 127 KB, 960x720, coins123.jpg [View same] [iqdb] [saucenao] [google]
11123945

>>11123922
and the reason is to prevent capital flight in case of inflation or social unrest and to prevent large scale tax evasion.

>> No.11123979

>>11123922
Looks like a catchers mit.

>> No.11123997

>>11123872
americans are the best scammers because everyone believes them.

>> No.11124120

>>11122433
when airdrop sir

>> No.11124126

>>11123922
that girl is too brown it offends my senses

>> No.11124489

>>11123872
I only trust white Germanics. The Eternal Anglo might as well be a jew.