Topic: Future of Bitcoin in India - page 11. (Read 1995 times)
Bitcoin has positive effect economically. It gives profit to their investors and make them strong financially and individually. We can't deny it. And BTC is beneficial for every country and person.
Most of Indian people uses crypto currency than others and because bitcoin iss best pricee crypto annd iit rrules the crypto world so it plays a great roll all over the world.before some months indian goverment has banned the bitcoin because of the problem of economical solution.but untill indians are attractive with bitcoin and continuing their trading. so bitcoin has a huge advantage here.and after all that we can say bitcoins future is shiny here In India.
India has already ban the bitcoin in india.but it has a plus point that people from india can trade with bitcoin or can do what ever they want they dont have to face any problems.because security about online trading and about bitcoin india doesn't give much importance.and though it has been banned but by the help of the vpn they can contunuously work with bitcoin.and get theur benifits.and also india has a lot of bitcoiners so it will easy here to grow with bitcoin.so i think the future bitcoin in India is bright.
India government stance and remain on bitcoin is great and the various IT specialists in India can use this chance to make bitcoin a solid money in Asia.
Earlier in the budget finance minister has declared that bitcoin is not official, but later on he said that we are thinking to make it official and the expert team working on it and collecting information from other countries also. So in near future bitcoin may become official but definitely with some rules and regulations, let's see what happens.
What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? 
If Indian Government banned crypto-currency then you will not be able to encash your crypto-currency in INR. But you can hold your crypto-currency in your personal wallet. No Government can take your crypto-currency from your block-chain based wallet. You can hold your coin as long as you want.As per latest news, Government of India don’t want to ban crypto-currency. They only want to regulate the Black money involved. So, they are trying to legalize it and thinking to apply some special tax in it.
as now governments take crypto currencies as a threat but sooner or later they will find out its value and importance in the developing of their economy. always hope for the best
India does not have an important weight on the entire crypto market, so i think that here is no need to be worried about this too much, just relax and be careful, because it all can change
I think the future of cryptocurrency in India is bright. India is a computer developed country. Although the talent of their country is in the United States. I think not just India. All countries accept cryptocurrencies. Especially strong countries.
Infrastructure conditions for Bitcoin in India are very good, operated by reputable trading platforms such as Zebpay, Coinsecure and Unocoin. These three venture capitalists provide the best infrastructure so that local investors can trade Bitcoin easily.
is India government already make a policy about bitcoin? what is the policy about it? I think if there are put a tax for the bitcoin owner and bitcoin investor I think its okay, but if the policy is about banned bitcoin from India I think it will be worst and I think the bitcoin user and bitcoin investor will panic to sell their bitcoin before the government banned it
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there has a future of bitcoin in india, because more countries in south east asia are already adopted bitcoin, if this india try to adopt bitcoin to be use in the future, many countries will follow, we all know india is very strict on their own country wealth, so theres a huge impact if this india get involve in bitcoin.
India is a developing country. They have already lifted the ban on the use of crypto-currency, which means that they see potential in it.
While the cryptocurrency prohibition law in India is still being enforced, it is advisable that people should keep their bitcoin safe in their wallets. Cryptocurrency adoption is growing fast from country to country and I am sure India will be one of the countries that will adopt cryptocurrency.
India does not give anything to bitcoin to be honest, i do not even understand why there are people spreading FUD about this, because this is not even important..
From my perception, if bitcoin is implemented in India then it would be a very important factor for bitcoin development in South Asia. If bitcoin is legalised in India then many more countries of South Asia along with India will take part in the action. They may not have embraced the power of cryptocurrency yet, but eventually they will & it can be beneficial for the economic development of the country.
India announced that the Indian government committee had decided in favor of regulating the market of bitcoins and is currently setting up a task force to develop various regulatory concepts in order to fully legalize the digital currency in the short term.
The efforts of the Indian bitcoin-exchanges on market self-regulation allowed the Indian government to reconsider its attitude to the digital currency sector, despite criticism of several politicians who lack knowledge in this area.
I believe that India is tech savvy country. And there are ao many tech celebs. So considering the overall situation they might approve crypto after implementing proper regulations and rules.
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