Hopefully, these countries will do some laws and then allow bitcoin again. In the worst case, more countries follow and bitcoin will go down more and more. But I don't want to think about that...
Topic: After China & Russia, now India - page 4. (Read 3292 times)
These news aren't good ones for bitcoin so far.
Hopefully, these countries will do some laws and then allow bitcoin again. In the worst case, more countries follow and bitcoin will go down more and more. But I don't want to think about that...
Hopefully, these countries will do some laws and then allow bitcoin again. In the worst case, more countries follow and bitcoin will go down more and more. But I don't want to think about that...
There were a few panicked guy show thought we're dead without China but...INDIA?
INDIA?
Who the hell gives a damn about INDIA?
https://www.youtube.com/watch?v=itEamKJuY28
INDIA?
Who the hell gives a damn about INDIA?
https://www.youtube.com/watch?v=itEamKJuY28
should really be supervised using bitcoin because I think bitcoin can be used for crimes, such as money laundering, for its policy depends on each country.
That's really a sad new for bitcoin users in india.Just recently,indian government formed a committee to give recommendations for legalizing bitcoin.We all were waiting for the bitcoin to be legalized.I think that indian government is totally confused about bitcoin.Some times,it says that it is to legalize bitcoin,then suddenly takes a U-turn in its decision.Just we have to wait and see whether the government would follow china or japan about bitcoin.Let's hope the best.
Well any country that is concern about fighting corruption and money laundering in the country will definitely diverse a way to check the activities of decentralized currency eg bitcoin and other cryptocurrencies, cause it might be use for laundering money out of the country.
But am very sure that, that will not affecte the activities of bitcoin that much cause cryptocurrencies are not subject to any central bank or institution of any state.
But am very sure that, that will not affecte the activities of bitcoin that much cause cryptocurrencies are not subject to any central bank or institution of any state.
Instead of showing concern arrest those money launders. That will solve the problem from root. Idiots.
India’s Government Agencies Still Have ‘Concerns’ About Bitcoin
Indian officials revealed last week that the country’s tax agency and investigation task force have concerns about money laundering and black market activities associated with bitcoin. India’s Special Investigation Team (SIT) is in the midst of drafting a report detailing problematic issues regarding the decentralized cryptocurrency.
What do you think?
I think is is something completely different from what is happening in China. Money laundry is a problem, not just for crypto, but for fiat as well, and I think that every country should do their best to stop it. This looks like a normal concern, and it doesn't mean that they will "start a fight" against crypto.
As for Russia, from what I've read I think they favor bitcoin as well.
India’s Government Agencies Still Have ‘Concerns’ About Bitcoin
Indian officials revealed last week that the country’s tax agency and investigation task force have concerns about money laundering and black market activities associated with bitcoin. India’s Special Investigation Team (SIT) is in the midst of drafting a report detailing problematic issues regarding the decentralized cryptocurrency.
What do you think?
I think is is something completely different from what is happening in China. Money laundry is a problem, not just for crypto, but for fiat as well, and I think that every country should do their best to stop it. This looks like a normal concern, and it doesn't mean that they will "start a fight" against crypto.
As for Russia, from what I've read I think they favor bitcoin as well.
in my opinion it is bitcoin can be used by anyone. bad guys and good people can use it. I also once thought how if anyone uses bitcoin as money laundering. especially criminal money laundering activities such as corruption and black market trade. such problems are the government of a country that has to give rules, so bitcoin is not used as a crime.
Such criminal acts often happen to people who do money laundering by utilizing the service features of bitcoin, in fact the purpose of bitcoin is made in order not to do unwanted things like crime, but bitcoin is created by developers to facilitate transactions that can be done by everyone easily from wherever they are. Hopefully the concerns of India and other countries can be easily overcome by assessing the good side of the bitcoin function. The things that should be avoided not from bitcoin itself but because of the misbehavior of a person using bitcoin function.
Seriously? This is a bad news again, if India will ban Bitcoin or ICOs, bitcoin price will fall again. This is the sad reality with bitcoin, no taxes involved then the government will ban it.
we knew that India also got a lots of bitcoin supporters same with china, they also got a numbers and it can be felt if this news is true, if they will start this
issue then we will see the effect, but as time passed more of us here already understand that whatever the government will try to abolish or try to interfere
the market will continue and the support will go back better to keep holding and never to fear with any news that will show up.
issue then we will see the effect, but as time passed more of us here already understand that whatever the government will try to abolish or try to interfere
the market will continue and the support will go back better to keep holding and never to fear with any news that will show up.
the amount of FUD is becoming ridiculous. and to think all of it will disappear very soon and be forgotten by everyone who is now worried or worst repeating them!
i think this past 2 weeks was the height of new members on bitcointalk. every day i see at least 10 of these same topics which are talking as if their imaginary "bans" have already happened.
i don't know if it is because of gullibility or dumbness.
i think this past 2 weeks was the height of new members on bitcointalk. every day i see at least 10 of these same topics which are talking as if their imaginary "bans" have already happened.
i don't know if it is because of gullibility or dumbness.
Hoping That This kind of news will be vanished Just for a few days just to take a Rest.
This must be gone too far if it is really happening,
but as far as I know, every country has a reason to do this,
1st. They will ban bitcoin it's because of the blackmarket and payable through bitcoin.
2nd. bitcoin currency has no tax.
3rd. Bitcoin has a great value than any currency in it's respective country
Try to imagine 1 dollar is equivalent to 50 peso in Philippines.
In other Words, 1 bitcoin is equivalent to 180-190 thousand Peso in Philippines, ( not stating the exact Price Because of its Volatility)
See, a very great Difference, these are the reasons i know why Banning is implemented in the moment.
This must be gone too far if it is really happening,
but as far as I know, every country has a reason to do this,
1st. They will ban bitcoin it's because of the blackmarket and payable through bitcoin.
2nd. bitcoin currency has no tax.
3rd. Bitcoin has a great value than any currency in it's respective country
Try to imagine 1 dollar is equivalent to 50 peso in Philippines.
In other Words, 1 bitcoin is equivalent to 180-190 thousand Peso in Philippines, ( not stating the exact Price Because of its Volatility)
See, a very great Difference, these are the reasons i know why Banning is implemented in the moment.
I hope that it wouldn't affect the price too much,
Wish that this wouldn't decrease the number of bitcoin users that we have,And hope that it is just a fake news.
Wish that this wouldn't decrease the number of bitcoin users that we have,And hope that it is just a fake news.
India’s Government Agencies Still Have ‘Concerns’ About Bitcoin
Indian officials revealed last week that the country’s tax agency and investigation task force have concerns about money laundering and black market activities associated with bitcoin. India’s Special Investigation Team (SIT) is in the midst of drafting a report detailing problematic issues regarding the decentralized cryptocurrency.
What do you think?
THis is kinda expected to be a trend as china and russia have given bitcoin a shadow that other cou tries will also think about. Yet I think this can be turned postively as long as the attention it garners now can be fuelled by other issues and isted put into more positive actions.
India’s Government Agencies Still Have ‘Concerns’ About Bitcoin
Indian officials revealed last week that the country’s tax agency and investigation task force have concerns about money laundering and black market activities associated with bitcoin. India’s Special Investigation Team (SIT) is in the midst of drafting a report detailing problematic issues regarding the decentralized cryptocurrency.
What do you think?
The same thing will always result in all their report which will be to either
1. They go the coward way, by saying banning everything that are related to bitcoin, from website to exchange site and several others or
2. To regulate which might be much more difficult for country like India.
Aside those two options, I don't see any other outcomes of all of their meeting, discussions, committees etc.
I hope the bitcoin returns to its original state,which is where all countries receive bitcoin so bitcoin comes back to its original level, where its price increases and everyone is free to have or play bitcoin 
There never was such a state and never shall be, because Bitcoin is perceived as a threat by most governments, especially the ones with somethings to hide. If it were such, that they were able to call the shots and manipulate Bitcoin the way they do with their local currencies, all these dust in the air and finger pointing won't have arisen in the first place. At any rate, it is nothing to lose sleep for, Bitcoin is a dark horse, this line of action will only end up making Bitcoin more popular and valuable. 
not too worried, news buzz about Bitcoin just a lie issue. they want cheap price. and that's just FUD.
It has been proven that such an issue has not succeeded in destroying Bitcoin's price.
all is fine and Bitcoin will remain the currency of the future. I believe.
It has been proven that such an issue has not succeeded in destroying Bitcoin's price.
all is fine and Bitcoin will remain the currency of the future. I believe.
This is just a news created by people who want's to have a control over bitcoin they want people using bitcoin to panic. We cannot prevent if many government wants to have control over bitcoin specially now that it is growing very fast and continuously to have a good value appreciation but bitcoin is digital currency as much as they want they cannot have the full control over it
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