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Topic: 4 Indian Writ Petitions will be heard May 11 (Read 124 times)

newbie
Activity: 294
Merit: 0
We know India's Reserve bank has banned bitcoin and this news is giving me some sort of hope that this ban will be removed and India will also accept Bitcoin and be a bitcoin friendly country.
newbie
Activity: 350
Merit: 0
India have a negative mindset against bitcoin they banned bitcoin. But i think one day bitcoin will reduce this problem and Indian investors are also invest on bitcoin.
member
Activity: 238
Merit: 10
I don't think India has a big impact on the whole cryptocurrency market.
So I don't think it will have much impact on the price of the entire encrypted money market.
sr. member
Activity: 714
Merit: 250
Defend Bitcoin and its PoW: bitcoincleanup.com
I hope it works out for India. There is great potential to enhance the financial system with crypto, especially in the rural areas down the road.
newbie
Activity: 69
Merit: 0
This is another form of conflicts between the country of India and cryptocurrency business, maybe it is only a threat in order to be more open on the public about the security and safety to all cryptocurrency users on the Indians people. Hopefully it will resolved immediately for the good benifits to their people of India.
newbie
Activity: 350
Merit: 0
I hope this will bring something good news. There're chance that India will adopt bitcoin through this and withdraw the bans. I'm looking forward to it.
newbie
Activity: 252
Merit: 0
That's not a good news for the investors. It it is totally banned someday, then all the investors will be at a loss.  Let's see what happens. Cheesy Cheesy
member
Activity: 462
Merit: 10
This news has some influence on the market today. We can see that the market is turning red. Of course, I don’t think India’s ban can have more lasting impact.
newbie
Activity: 294
Merit: 0
I am not sure about the number of traders on those four exchanges. If the number is high, there is a chance of up or down in the market, probably a downfall might happen. But I think it will not be so long. However, I wish the hearing goes for the favor of those exchangesHuh
jr. member
Activity: 336
Merit: 3
Yes let us see what gonna happens tomorrow, chances are 60-40 i guess.

Indians are extremely cautious and shrewd in business. Maybe a regulatory bombshell is going to be released by the EU or USA and they Know about it or have identified something perilous!

The SEC are happy with Bitcoin but look upon the majority of coins as securities.
ETH was a security at ICO but now its not but most of the coins on the platform are!

full member
Activity: 448
Merit: 137
Yes let us see what gonna happens tomorrow, chances are 60-40 i guess.
jr. member
Activity: 336
Merit: 3
Currently banks in India are banned from doing crypto related business
And given 3 months grace to wind down

But

4 exchanges so NO and will have their writ petitions heard tomorrow: May11

Just making you aware

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