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Topic: India banned crypto?! (Read 70 times)

full member
Activity: 448
Merit: 100
March 07, 2018, 01:36:25 PM
#5
It seems that such a drop is caused by problems with the Binance exchange , but I can not assure you exactly it is possible and fake that would drop the market even lower for purchases
hero member
Activity: 1624
Merit: 624
March 07, 2018, 01:31:40 PM
#4
Rumors say that India has finally banned cryptocurrenties. I was kinda shocked to see the marketcap from $430B to $399B instantly.  Shocked

Whenever a country brings a stop in this way, then the market is moving and the citizens of that country continue to get crypto money in some way. I think the prohibitions have no meaning, it is possible to get ahead of the money smuggling, but the countries do not achieve them. How long will this ban be effective or how long will it last? Whenever it is understood that there is a forbidden prohibition, we will always see unity.
member
Activity: 252
Merit: 14
March 07, 2018, 01:30:49 PM
#3
I think will not. Look at there, so many ICO from India. So, I think they will not bann crypto.
Crypto and especially in ICO, ICO give big benefit from country. Because what, with ICO someone can do crowdfunding and building their amazing ideas. And this is will give big affect for country.
Slow bro, relax Grin
rbt
full member
Activity: 266
Merit: 101
March 07, 2018, 01:28:07 PM
#2
Rumors say that India has finally banned cryptocurrenties. I was kinda shocked to see the marketcap from $430B to $399B instantly.  Shocked
It`s even worse, right now the total marketcap is $388B... I was wondering what is the reason for this abrupt drop and I couldn`t find any news to justify this, but a ban of crypto in India might lead to this. If it`s just a rumor, the market will rebound shortly, if it`s official it will probably take couple of days - business as usual.
jr. member
Activity: 308
Merit: 1
March 07, 2018, 01:18:22 PM
#1
Rumors say that India has finally banned cryptocurrenties. I was kinda shocked to see the marketcap from $430B to $399B instantly.  Shocked
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