Future of Bitcoin in India - page 3.

manfredmann

member

Activity: 518

Merit: 21

Quote from: sudarshandutta on June 04, 2018, 09:32:00 AM

What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? Shocked

It will depend on the regulation being set by your government. Here in our country which cryptocurrency was also been regulated found out no problem with it. In fact it could be more encouraging for the community to invest on cryptocurrency. I know that regulation can be one of the key to let cryptocurrency grow more.

alinapvlvch

member

Activity: 276

Merit: 10

if do not forbid and will not begin to build barriers to its development, then the future promising in India. It is the country which has big talents and professionals.

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: Bincanet on November 22, 2018, 05:13:42 AM

Quote from: sudarshandutta on June 04, 2018, 09:32:00 AM

What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? Shocked

In fact, people are worrying that bitcoin may be banned in India in the future.

no we arent worrying even if bitcoin and all of the cryptos will be banned forever in india . indian country isnt a huge country and this country isnt wealthy at all compared to any other countries but still india can somehow contribute on the recovery of cryptos if ever they wont restrict the use of it .

Quote from: Coindevil on November 22, 2018, 03:11:15 AM

I think in the future more and more people realize the value of the bitcoin

yes thats true , people will only realize it when it is already too late but that is still better than not trying at all . adoption is really the key to help bitcoin to to get out of its comfort zone .

krishnaverma

full member

Activity: 1372

Merit: 106

Available for rent

Quote from: Triwiyono on November 22, 2018, 03:17:35 AM

actually I don't need to think about the future of bitcoin in India, because I'm not an Indian. but if bitcoin in India is growing, the government will accept it, maybe it will have a positive impact on bitcoin users in India. there will be many parties who get benefit. although later bitcoin was regulated by the government of india, but it doesn't matter if the user is still profitable.

What is most concerning about this is that they are taking a lot of time in framing the rules or giving the final verdict. It not only affects the users but also the exchnages operating in India. A lot of people we're employed in these exchanges and with reduced business, they might have to lay off most of the employees.

Bincanet

newbie

Activity: 33

Merit: 0

Quote from: sudarshandutta on June 04, 2018, 09:32:00 AM

What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? Shocked

In fact, people are worrying that bitcoin may be banned in India in the future.

ict

sr. member

Activity: 466

Merit: 250

In my opinion. the future of the currency in the country will continue to grow even though the government has banned the use of the currency, because so far many countries have banned the use of crypto currencies, but this currency continues to grow throughout the country. the development of this currency depends on the technology that has developed in the country.

Triwiyono

full member

Activity: 504

Merit: 100

actually I don't need to think about the future of bitcoin in India, because I'm not an Indian. but if bitcoin in India is growing, the government will accept it, maybe it will have a positive impact on bitcoin users in India. there will be many parties who get benefit. although later bitcoin was regulated by the government of india, but it doesn't matter if the user is still profitable.

Coindevil

newbie

Activity: 42

Merit: 0

I think in the future more and more people realize the value of the bitcoin

AiBBio

newbie

Activity: 42

Merit: 0

Quote from: sudarshandutta on June 04, 2018, 09:32:00 AM

What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? Shocked

I think that the demonetisation practise done by Government has helped increased the weekly business of bitcoin trading in India. The increased trading helped push the digital currency’s value to recent highs.

aponrahim

newbie

Activity: 195

Merit: 0

If the Indian government approves the cryptocurrenci, then India's future will be more brighter. It seems to be very big for the Indians, to be found. Their work on Bitcoin will increase further and then their future will be bright.

dawai asmara

full member

Activity: 686

Merit: 100

Quote from: saumang2m on November 21, 2018, 12:42:40 PM

Bitcoin's future is very good in India. Because India is such a country. Which is just a step forward becoming a digital country. And Bitcoin is also one such digital currency.

I also feel that if Bitcoin will grow well in India but return to the Bitcoin condition. If Bitcoin gets worse then it is not impossible if the Bitcoin enthusiasts in India will decline and eventually Bitcoin will become increasingly dim in India. so the development of Bitcoin depends on Bitcoin itself.

saumang2m

copper member

Activity: 280

Merit: 0

Bitcoin's future is very good in India. Because India is such a country. Which is just a step forward becoming a digital country. And Bitcoin is also one such digital currency.

Mhd-Bobbi

member

Activity: 434

Merit: 13

Quote from: sudarshandutta on June 04, 2018, 09:32:00 AM

What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? Shocked

I think the future of bitcoin is deteriorating now, because prices are declining, but if in your country like in India under your government policy, of course it's better, provided the government in your country legalizes the use of bitcoin.

kabum21

member

Activity: 196

Merit: 10

India has always been a very interesting place for me, although culturally they are not so liberal, their great technological advances always attract attention, I would think there was more adoption among the cryptos, but in the end the government decided to put the boot over, regrettable, could benefit in many aspects of the cryptos.

Pavmeg1

newbie

Activity: 22

Merit: 0

May India will not accept the bitcoin.. So we cannot accept the future in bitcoin

Bitdressa

member

Activity: 303

Merit: 12

Quote from: budi691 on June 04, 2018, 10:27:41 AM

Quote from: sudarshandutta on June 04, 2018, 09:32:00 AM

What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? Shocked

in my opinion, India could be an important factor in the development of bitcoin in South Asia. if India does not ban bitcoin, I think countries in south asia will take part, although the process will be long and time consuming. The point is back to the government in that country.

I agree with your statement, sometimes the government makes it difficult for us as ordinary people to freely aspire to our opinions and also develop what has been carried out by the surrounding population.

dat.ho12492

jr. member

Activity: 378

Merit: 1

Quote from: sirohige on November 21, 2018, 05:19:18 AM

in India there are many crimes that use bitcoin and it seems that I heard that the government of India has started banning the use of bitcoin or cryptocurrency in its country, so I conclude that in India the cryptocurrency does not have a good future.

I also believe that the future of bitcoin in India will not work well because, as you say, India is really a place where there are so many criminals, there are so many rebellions and protests every year, and with such a scale, if India let bitcoin freely operate in their own country, driminals will use it to buy weapons and money laundering, which will create a real chaos. And with this danger, India has a lot of reasons to remove the bitcoin in the future, it is not suitable for India.

Siren

sr. member

Activity: 826

Merit: 265

Quote from: sudarshandutta on June 04, 2018, 09:32:00 AM

What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? Shocked

Like any other countries that experiencing this bannings and regulations,india is just facing hardships but for sure when the government realizes whats they are missing here ,i think they will finally adopt and accept this community ,things that japan find many years ago and like what some European and asian countries did ,and now they are having lots of opportunities to profit and nake their economy growing

Lumi3004

jr. member

Activity: 462

Merit: 2

Quote from: sudarshandutta on June 04, 2018, 09:32:00 AM

What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? Shocked

I think all countries can say about Bitcoin.
For this reason, I say Bitcoin in India is appropriately dependent on the government in accepting Bitcoin as cryptocurrency illegally in India, I know India is the poorest country, with the presence of the Bitcoin, economy in India 30% improving.

nazaididuan1

jr. member

Activity: 350

Merit: 1

Indian officials cannot effectively regulate BTC!
Because it could not fully understand and control it, the authorities expressed a semi-denying state of the existence of cryptocurrency: "This is illegal."

Topic: Future of Bitcoin in India - page 3. (Read 1971 times)