Topic: India just BANNED Bitcoin? Will BTC now crash? - page 18. (Read 2611 times)
Why everytime Bitcoin and the whole market goes down, the bad news about cryptocurrencies are just flying in the air? just why?
India just BANNED Bitcoin? Will BTC now crash?
Well, this is not new for bitcoin and i have read articles about india's plan of banning and for sure bitcoin will be affected by this just like what happened with china but bitcoin will always survive even without China and now India. And as i can remember, it was after couple of days after China's move that bitcoin skyrocketed to 20K USD.
STOP LYING, the did not ban it why spread FUD?
No.. more fuckery. Lets all be level headed; make a plan- be proactive rather than reactive
India just BANNED Bitcoin? Will BTC now crash?
No, this will not happen. When you look at BITCOIN alone, you may not see the bigger picture. If India ban all the crypto currencies, there are other countries. 
yes, if we look at this, many countries are resisting and resisting bitcoin. including India. and of course the Indian government's actions have a negative impact on bitcoin value. do you remember what china did a few months ago? and the actions of china make the price of btcoin crash and fall. why can it happen? yes, because bitcoin is very sensitive, so bitcoin is very easy high and also very easy to fall.
STOP LYING
They will not stop as they have self interest in doing so, they think bitcoin as a competition that need much FUDs to destroy. But it won’t happen as long people like you and me exist to defend bitcoin in such black propaganda with truth and trust the we give to this coin. Only the disappointed one will ever be believe this kind of lie just to compensate they’re idiocy.
Let them sell for they’re the one losing it.
India just BANNED Bitcoin? Will BTC now crash?
I think this is a good opportunity for us to buy more btc, maybe the btc price at the end of the year will be $ 25k 
I think, as stated, India did not ban cryptocurrencies, they just want to ban illegitimate transactions. Overall, they want to look into the blockchain technology. This is once again is FUD, as we have seen it many times before with China or Korean news.
Check also this brief article:
https://www.crypto-news.in/featured/no-ban-crypto-finance-minister-arun-jaitley-reiterates-government-stance/
Check also this brief article:
https://www.crypto-news.in/featured/no-ban-crypto-finance-minister-arun-jaitley-reiterates-government-stance/
India is not a big enough market to cause a bitcoin crash (remember that when China banned bitcoin for real in mid 2017, bitcoin's price ROSE).
The sell is simply people using this as an excuse to take profits, some might want to drive the price lower because they have buys lined up around the $9k mark.
The sell is simply people using this as an excuse to take profits, some might want to drive the price lower because they have buys lined up around the $9k mark.
We have seen thousands of news saying that some country banned bitcoin but still the price went up to 20.000$ last year. We cant know for sure if those news are true or not until the governments will make a public announcement at the tv's or in the media that they are against bitcoin and they will create a law to restrict bitcoin
Oh, it s a doom SELL, SELL, SELL.
People, I thought u were smarter to trust these FUD assholes.
People, I thought u were smarter to trust these FUD assholes.
Those who are weak enough to listen to FUD will make a good loss soon. Bitcoin was banned by so many countries yet they ended up regulating bitcoin this mean that this technology have the potential to go higher, which is true. So if you sold your bitcoin now, hope for your fast recovery.
India just BANNED Bitcoin? Will BTC now crash?
I am sure India didn't ban it yet. The finance minister said that bitcoin is not a legal tender in India and the expert committee recommendation is currently being reviewed. That means, you can't use bitcoin for purchasing or selling of any goods or services. But they didn't mention anything about bitcoin holdings of the individual citizens. They didn't ban investment in it. I watched it live so don't fall for any useless newspaper reproducing it in their own language.
If you are holding bitcoin in India, you are not doing anything illegal. So that is not the reason for the bitcoin's downward price trend. There must be some other reason and I will appreciate if anyone can point it out.
STOP LYING
INDIA hasn't banned Bitcoin. Indian Finance Minister again just announced that They are going to accept BTC as legal tender, and will take the necessary step to eliminate frauds and illegal activities associated with it. It is just a FUD created by Indian Media. Nothing to worry about.
India just BANNED Bitcoin? Will BTC now crash?
Is bitcoin only fixated on one country, of course that will not happen, that there are many countries that until now, still using bitcoin, even though the current price is a decrease, does not mean bitcoin will break down onward !!
India just BANNED Bitcoin? Will BTC now crash?
India didnt ban Bitcoin, It is not considering Bitcoins as legal tender, so as the other countries. What is the big deal? All just FUD. Please move on.
India just BANNED Bitcoin? Will BTC now crash?
I am sure India didn't ban it yet. The finance minister said that bitcoin is not a legal tender in India and the expert committee recommendation is currently being reviewed. That means, you can't use bitcoin for purchasing or selling of any goods or services. But they didn't mention anything about bitcoin holdings of the individual citizens. They didn't ban investment in it. I watched it live so don't fall for any useless newspaper reproducing it in their own language.
If you are holding bitcoin in India, you are not doing anything illegal. So that is not the reason for the bitcoin's downward price trend. There must be some other reason and I will appreciate if anyone can point it out.
India just BANNED Bitcoin? Will BTC now crash?
I doubt it would crash. Though bitcoin price will dip even more but it would never crash to the point where bitcoin will have no value. Just like the previous years, many FUD are circulating yet bitcoin still stand and grow. People in cryptocurrency will find ways to avoid the security of their government just to earn money from bitcoin.
India is still going to explore the blockchain technology in the new digital economy. I believe they mentioned that they are going to crack down on people using crypto for illegal activities. Regardless it’s impossible to completely ban Bitcoin or any Cryptocurrency.
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