This ban has been appealed so let's wait for the final ruling before we conclude that truly the ban is off.
Let's hope that this isn't stuck in the courts forever and they have a somewhat speedy resolution.
Topic: Here we go again - page 2. (Read 566 times)
Let's hope that this isn't stuck in the courts forever and they have a somewhat speedy resolution.
As of today March 4 India lift the ban on crypto, how is this going to affect crypto market? Coronavirus is still out there, is this good or not good enough?
Good especially India has a big population that can surely affect bitcoin or the whole crypto space. And finally more video tutorials on youtube about crypto stuff, since people of India has been known to be a producer of tutorials, reviews about tech and stuff. Hence, would influenced large amount of people. Good of choice of their government though, I hope other countries who bans bitcoin/crypto on their country for ages be influenced by this great news India has. Well, anyway this news is worth more than anything as we can see newly people engaging into some crypto activities especially the India citizens. 
This ban has been appealed so let's wait for the final ruling before we conclude that truly the ban is off.
it's clear in so many article that crypto is winning the case and any activity that related to the crypto will be running smoothly again. No more ban for crypto and the only problem for indian central bank to filter the illegal security asset. bitcoin can be traded on india forever. The ban is already lifted from crypto dude.
Thats good news that bitcoin is legal in India.Of course this news bring positive effect on bitcoin and it will help to grow bitcoin community, because so many new people will be added in bitcoin community and will love to use bitcoin.Also India is developed country so there is no doubt that India will play a great role in bitcoin industry.
This ban has been appealed so let's wait for the final ruling before we conclude that truly the ban is off.
I think we are already feeling it, the timing is good, after that news, less than 24 hours then bitcoin starts to rally, it reached $9,000 back again and we are staying at the current price with some good movement, maybe it has ignited and bitcoin good to go for a bullish prior to the halving time.
That's too early to expect any bullish run for now, but we need to look closely with the usual trend. I can only be confident when price will show faster change in less than an hour, then probably we will say it's a perfect signs for bullrun to start. Halving time will soon give us better future, let's just wait for that patiently and with determination.
As of today March 4 India lift the ban on crypto, how is this going to affect crypto market? Coronavirus is still out there, is this good or not good enough?
The first thing to take into account is the fact that news affects this space a lot, a good news brings good movement (pump) in the market and a bad news leads to bad movement as well that is dump. So in this case, lifting a ban on crypto is a very good news which will make other countries wonder why India took such steps and maybe follow suit. News comes with sentiment, but in this case since it is a good news new users will try to know what crypto is all about while already existing users will try more new things so as to benefit more from what crypto offers; which in all cases leads to more growth in the crypto space.
The market doesn't care as we may see now 
And this is good as for me. All this situation shows us clearly that all these "important" world events mean nothing in fact
And this is good as for me. All this situation shows us clearly that all these "important" world events mean nothing in fact I think I've seen this news before but just a glimpse. Anyway, this could be a good news, I guess everyone knows that India is one of the country that has the largest population. Hence, lifting the ban will for surely cause a great impact on the market. However, on the other hand, Corona Virus was still active in China and it had an impact on mining industry.
Not only in China, Corona is making Japan and Korea seriously affected. As far as I know, these are the 3 largest countries in Asia and have the largest number of investors in this market. Therefore, it has made this market become bleak in the past 1 month. If this market is to grow in this year, corona virus must first be destroyed
I think that the legality of crypto in India will not significantly affect the crypto market, so there is nothing to worry about. See news about this coronavirus which has attacked a large country until market conditions are still uncertain. Even though India has lifted the crypto ban I don't think there have been any major changes.
I think I've seen this news before but just a glimpse. Anyway, this could be a good news, I guess everyone knows that India is one of the country that has the largest population. Hence, lifting the ban will for surely cause a great impact on the market. However, on the other hand, Corona Virus was still active in China and it had an impact on mining industry.
This is more than good, it is a very good news amidst the current trending event (the virus). This news goes a long way in showing that the crypto space meant well for all humanity if only those in herm of affairs in the government that restricted crypto would take time to study it, just like India did. It also goes to show that gradually, people are getting to know the potential of blockchain and cryptocurrencies thus what the future holds. Therefore I can say, this news affected the crypto space positively and as time goes on there will be more positive things to experience..
India is a big market for cryptocurrencies, and if the Indian government does not ban cryptocurrencies, it will surely go up in the future. But first we need to overcome the current pandemic, the corona epidemic has affected the entire economy in the world and could not develop well.
I think there will be a time when this situation will get better. You are right with most economies in the world not only India which is affected by the condition of the spread of this virus. but this will be overcome and the market will experience growth again.
Unban of crrypto will bring a lot of new people in the market
India is a big market for cryptocurrencies, and if the Indian government does not ban cryptocurrencies, it will surely go up in the future. But first we need to overcome the current pandemic, the corona epidemic has affected the entire economy in the world and could not develop well.
This means a very big chunk of people is now going to enter in the crypto world. India has a very large amount of people who are involved in crypto and now more are going to come by others. You can see that the BTC market already gets some momentum after the news release. So it really positive news for Crypto world.
The ban lifting really makes Bitcoin recovers in less than 48hrs, this shows that India has a major role in crypto space too not just Korea and China, see how wazirx is doing now, the timing is just so right
I think we are already feeling it, the timing is good, after that news, less than 24 hours then bitcoin starts to rally, it reached $9,000 back again and we are staying at the current price with some good movement, maybe it has ignited and bitcoin good to go for a bullish prior to the halving time.
It's good that this is happening right now, crypto needs more of this good news to make coronavirus not that effective to crypto space, some still find it hard to believe that Coronavirus affects crypto growth, for me it's not hard to see
Coronavirus with regulations in India in my opinion is different in context. Coronavirus might affect the world economy but regulations in India could open the discourse of opening regulations in other countries. Hopefully the opening of regulations in India will open the door for large investors to invest in the cryptocurrency market
It's different, the virus is a disease, there's no good disease, all of them are bad! Lifting a ban from cryptocurrencies by one of the largest countries in the world is a good thing, for crypto community and in the end, it will be good for all the people. It's not hard to make a difference here, one is good and other is bad, why we would put these two in the same sentence in this context? What this virus showed is that it's better to use cryptocurrencies than cash, it's better to be your own bank and be protected than to exchange cash with other people, go to bank and risk to be infected.
Jump to: