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Topic: India Banks Ban BTC purchases: 5th April - page 2. (Read 230 times)

member
Activity: 224
Merit: 19
I do not know if it is true but if it is  then what do you expect from banks, they are scared of what can Bitcoin do their business.  The market is already vulnerable  but the effect of this FUD is weak the price did not even react to this news. Also there are other ways to buy Bitcoin without using banks.
jr. member
Activity: 294
Merit: 3
last time i checked this was yesterday and there was nothing about any bans and all the ban news on the news sites were FUD and this link in OP is not the most trusted source of information either so my assumption is that they are still spreading FUD.

in any case this may sound like a bad news but the market disagrees with you! the price is not even reacting to this which means it is just news!

Maybe FUD maybe not. Asian investors are not trading BTC down at the moment so wait and see
legendary
Activity: 1946
Merit: 1137
last time i checked this was yesterday and there was nothing about any bans and all the ban news on the news sites were FUD and this link in OP is not the most trusted source of information either so my assumption is that they are still spreading FUD.

in any case this may sound like a bad news but the market disagrees with you! the price is not even reacting to this which means it is just news!
newbie
Activity: 97
Merit: 0
I was thinking about buying 1 BTC if the market went to about 6200USD but now I have read about India i am completely lost in my thoughts.

why your so worried?? way back late 2010 some didn't recognize btc as a good investment.. and banks to banks deal is not the priority of it.. but now that they saw what decentralize network can do.. and some other banks was threaten in this case.. this is just my opinion why is has been ban.. banks want to have a bigger revenues.. coz banks invested in most of their assest in stock market and even in foreign exchange.. but now here comes btc.. which links to most... as you can see.. they're going to pull btc down.. but they can never do that why?? people were still funding and exchanging btc to other currency.. that's the fact.. have fait.. were going digital.. thank you..


Well, it is a wait and see proposition at the moment


India didnt own everything in a world of crypto specially bitcion.. but people whos is brillant in bitcoin were from india and decide to recide in USA.. so if thats your base on buying bitcoin.. its just a plain and simple understanding that you can handle.. btc is btc even it will be banned on some other countries... but remember if someone rejects, someone will accept.. and don't say some of the countries will follow.. they have their own sovereignty that it is not based on other countries decision.. but I'm proud to say as of now.. I repeat as of now in my country people were enjoying the product of bitcoin whether high or low price... thank you.. 
newbie
Activity: 21
Merit: 0
April 05, 2018, 11:34:45 PM
#9
i am from india and india banks ban BTC purchase because of Any entity that is regulated by the RBI must stop their services with any person or business that deals with virtual currencies.
jr. member
Activity: 294
Merit: 3
April 05, 2018, 11:23:26 PM
#8
this news will not panic for people who believe bitcoin like me, this is just a small piece of news that wants to lower the price of bitcoin in this forum.
we can buy bitcoin through other banks and other currencies so do not panic with this news.


As far as I am concerned it is big new. Lets see how the market digests it
jr. member
Activity: 127
Merit: 1
April 05, 2018, 11:13:59 PM
#7
this news will not panic for people who believe bitcoin like me, this is just a small piece of news that wants to lower the price of bitcoin in this forum.
we can buy bitcoin through other banks and other currencies so do not panic with this news.
jr. member
Activity: 294
Merit: 3
April 05, 2018, 11:07:26 PM
#6
why did you stop your desire to buy bitcoin when the price is $ 6200?

India is not a bitcoin value standard and also the majority Indians are not yet ready to accept blockchain. India has little effect on bitcoin values. so, I think India will regret it.

because there is still a lot of other support to bitcoin, so I do not panic.

Other countries might follow
member
Activity: 518
Merit: 11
April 05, 2018, 11:05:34 PM
#5
why did you stop your desire to buy bitcoin when the price is $ 6200?

India is not a bitcoin value standard and also the majority Indians are not yet ready to accept blockchain. India has little effect on bitcoin values. so, I think India will regret it.

because there is still a lot of other support to bitcoin, so I do not panic.
jr. member
Activity: 294
Merit: 3
April 05, 2018, 11:03:06 PM
#4
I was thinking about buying 1 BTC if the market went to about 6200USD but now I have read about India i am completely lost in my thoughts.

why your so worried?? way back late 2010 some didn't recognize btc as a good investment.. and banks to banks deal is not the priority of it.. but now that they saw what decentralize network can do.. and some other banks was threaten in this case.. this is just my opinion why is has been ban.. banks want to have a bigger revenues.. coz banks invested in most of their assest in stock market and even in foreign exchange.. but now here comes btc.. which links to most... as you can see.. they're going to pull btc down.. but they can never do that why?? people were still funding and exchanging btc to other currency.. that's the fact.. have fait.. were going digital.. thank you..


Well, it is a wait and see proposition at the moment
newbie
Activity: 97
Merit: 0
April 05, 2018, 10:54:38 PM
#3
I was thinking about buying 1 BTC if the market went to about 6200USD but now I have read about India i am completely lost in my thoughts.

why your so worried?? way back late 2010 some didn't recognize btc as a good investment.. and banks to banks deal is not the priority of it.. but now that they saw what decentralize network can do.. and some other banks was threaten in this case.. this is just my opinion why is has been ban.. banks want to have a bigger revenues.. coz banks invested in most of their assest in stock market and even in foreign exchange.. but now here comes btc.. which links to most... as you can see.. they're going to pull btc down.. but they can never do that why?? people were still funding and exchanging btc to other currency.. that's the fact.. have fait.. were going digital.. thank you..
jr. member
Activity: 294
Merit: 3
April 05, 2018, 10:32:23 PM
#2
I was thinking about buying 1 BTC if the market went to about 6200USD but now I have read about India i am completely lost in my thoughts.
jr. member
Activity: 294
Merit: 3
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