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Topic: Bitcoin finally legal in India - page 7. (Read 9531 times)

hero member
Activity: 938
Merit: 503
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
January 27, 2018, 07:02:57 AM
this can be the trigger for bitcoin price increases, because surely they will buy some bitcoin to try to transact using bitcoin. I hope bitcoin is valid in all countries and can be a legitimate payment tool.

I dont know the authenticity of this news but India is a big country and if it is legally accepted in there than it will be a very good news for bitcoins lovers. As long as big countries will accept bitcoins, it will spread positive news worldwide and small countries will also adopt bitcoin seeing the trend.
jr. member
Activity: 235
Merit: 2
January 25, 2018, 02:10:27 PM
This is good news like in the crypto world, and legalizing bitcoin in india, I think it will be many Asian countries that legalize bitcoin trutama in my country.
I'd like to believe that of course, but as practice shows, by far not all asian countries are prepared for that. Atleast some are layed back about it. We'll see what the future brings.
full member
Activity: 405
Merit: 100
January 15, 2018, 10:59:24 AM
That's a good news to the people, because they believe that bitcoin is a big help to their economy and to their people. Because there's a lot of unemployed people and their problems was a poverty, so they give chance at the people that they could invest and earn in bitcoin. So they make bitcoin legal in their country. This great news  may help convincing other countries to legalize bitcoin. I think it shows only that bitcoin they give trust in bitcoin.
member
Activity: 78
Merit: 10
January 14, 2018, 12:43:54 PM
I don't beleve bitcoin is finally legal or ellegal in india, This will be legal in all the counties in the future.
member
Activity: 61
Merit: 10
January 13, 2018, 01:40:56 PM
Countries definitely knows and sees the potential of bitcoin. And being a digital currency it cannot be banned. What alot of countries are doing is just preventing trading, cashing in and out which is not quite effective.
Sooner or later we will see them changing their minds again as usual.
member
Activity: 378
Merit: 10
January 13, 2018, 01:38:58 PM
After. Jio launching their own coin bitcoin will get regulatory compliance from govt  India with large population legalising bitcoin will be good move
full member
Activity: 121
Merit: 100
January 13, 2018, 01:37:13 PM
who would have thought that India knew how things are better and other countries that pretend to be "civilized" ban bitcoin...
jr. member
Activity: 48
Merit: 2
January 13, 2018, 01:35:11 PM
I love to hear this news that bitcoin finally legal in India.Now we can start introduce the bitcoin investment to my Indian colleagues.
sr. member
Activity: 700
Merit: 257
January 13, 2018, 11:23:15 AM
Wow! it is very good news for all of us. we want and we hope that bitcoon will be legal in all over the world. when bitcoin will be a ligal think than we will proud of it. Future bitcoin will be a more valuable currency of world. Everybody should know about bitcoin and properly use of it.
I just heart last month that India doesn't want bitcoin because it was merely just a ponzi scheme, maybe it was just another shit speculation from those who doesn't want bitcoin, but glad to know that finally they have made up a wise decision hopefully here in our country too that they will finally legalize bitcoin.
newbie
Activity: 72
Merit: 0
January 13, 2018, 10:55:20 AM
Wow! it is very good news for all of us. we want and we hope that bitcoon will be legal in all over the world. when bitcoin will be a ligal think than we will proud of it. Future bitcoin will be a more valuable currency of world. Everybody should know about bitcoin and properly use of it.
sr. member
Activity: 1792
Merit: 255
January 13, 2018, 10:18:52 AM
Hopefully with bitcoin legalization in india will make the future bitcoin better and i will continue to buy as much bitcoin as i can, and hope my country also follow India.
sr. member
Activity: 1526
Merit: 255
January 13, 2018, 09:51:48 AM
Good news, when today I read the newspaper that the south korean government is banned cryptocurrency and ICO actually in India bitcoin is legal, hopefully soon followed by other big countries like USA, Canada, Australia, UK and so on.
newbie
Activity: 16
Merit: 0
January 13, 2018, 08:50:17 AM
Nice, it'll help the economy problem in India, but i'm still waiting btc legalization in IND/INA  Undecided
full member
Activity: 224
Merit: 100
January 13, 2018, 07:18:39 AM
"Suddenly, Bitcoin to Be Officially Legal in India"
posted Jule 20, 2017
https://cointelegraph.com/news/suddenly-bitcoin-to-be-officially-legal-in-india

Bitcoin exchanges in India have been able to operate but they have been self-regulating using strict Know Your Customer and Anti Money Laundering measures https://veratad.com/solutions/identity-verification/ in place. These areas will now fall under government regulation.

Funny side note--a member of the parliament in India likened Bitcoin to a Ponzi scheme as recently as March of this year. Pretty wild.
"In a letter to the Finance Ministry and the Reserve Bank of India, Somaiya explained that Bitcoin is a pyramid Ponzi-type scheme. However, Somaiya was criticized for his inability to understand the structural and fundamental difference between a Ponzi scheme and Bitcoin."



It is a good sign if a country accepts and legalized.It only means they have seen a big potential to grow and help them and specially the people in that country.If the other country could only the positive side of bitcoin that India seen from it, then maybe it is much better.
member
Activity: 719
Merit: 10
ORBIS PLATFORM
January 12, 2018, 01:46:23 PM
This is good news like in the crypto world, and legalizing bitcoin in india, I think it will be many Asian countries that legalize bitcoin trutama in my country.
full member
Activity: 714
Merit: 104
January 10, 2018, 11:25:23 AM
I am very glad for indians. How i know in India very popular programming, maybe now we seen many specialist in blockchain from this country
member
Activity: 98
Merit: 10
January 10, 2018, 11:22:09 AM
Well wow. I am amazed that your country embrace the potential of bitcoin! It is a good thing that your government actually knows the structure of crypto, now people in your country will be encouraged to engage in crypto business
full member
Activity: 532
Merit: 101
December 28, 2017, 08:26:41 AM
This is a good news that bitcoin finally legal in India. This will be a great help to the people and also to their economy. Even this small country India is recognize the value of bitcoin. Because their government wants to improve their economy and they give a chance to the people that invest and can earn in bitcoin. So this is good news also for other countries. Bitcoin can be a big thing on their country, because it helps to solve poverty.
member
Activity: 233
Merit: 50
December 27, 2017, 11:22:05 AM
i think India not legalize bitcoin because India government is not supporting to any digital currency like a bitcoin due to India have to now about block chain technology
newbie
Activity: 294
Merit: 0
December 24, 2017, 03:18:26 PM
people do not Even if the smallest country in the world will legalize bitcoin it will be a great step forward. its great its mean, the government believe bitcoin In there store has accepted payment via bitcoin. Go ahead india
i wish it happen in my country too
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