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Topic: India just BANNED Bitcoin? Will BTC now crash? - page 4. (Read 2613 times)

member
Activity: 224
Merit: 10
I think we must encourage healthy posts and uplifting messages and stop the FUD.There's nothing as btc is going to crash. Its just the fears that trigger all these bad reports based on rumours and half truths.
newbie
Activity: 84
Merit: 0
If it's true, it's bad news.
jr. member
Activity: 154
Merit: 1
I haven't heard confirmation of this news yet. But even so, I'm not sure that this will seriously affect bitcoin. India is not so technologically advanced country that its ban bitcoin has had a significant impact on the cryptocurrency.
full member
Activity: 504
Merit: 107
👨‍👩‍👧‍&#
now precisely the price of cryptocurrency has increased, and the volume of trading in coinmarketcap also has started to increase of course it becomes something good and we should ramaikan that bitcoin can beat people who do not like it
full member
Activity: 432
Merit: 100
India just BANNED Bitcoin? Will BTC now crash?
India does not have too many people involved in the Crypto market, so the government of India forbid bitcoin will not affect the market capitalization of Crypto. But the rules of the government will not be too influential. Because China is currently banned from bitcoin trading, China is currently the fourth country to enter the Crypto market in the world. Do not worry too much. Wink
member
Activity: 490
Merit: 10
As far as I know, India has not banned bitcoin yet. So don't panic, my friend.
newbie
Activity: 156
Merit: 0
          How can BTC crash if Bitcoin is banned in India? India is not the only country that uses Bitcoin in the world there are other countries that are echo-friendly with Bitcoin. The head of the blockchain and cryptocurrency committee said that cryptocurrency will not be banned but will not be a part of a payment system in India . Gold is not a payment system but still people buy it as an asset .Since Bitcoin is a decentralized blockchain technology Bitcoin ban is not possible by an individual countries interest only.
full member
Activity: 602
Merit: 100
related bitcoin news in the country of india is not the only negative news that exists.
so down and rising bitcoin prices are not caused by negative news but indeed of the nature of bitcoin itself is fluctuating.
(my opinion)
member
Activity: 266
Merit: 10
India just BANNED Bitcoin? Will BTC now crash?

Ha ha ha ... There is nothing surprising in this, their woman still does not have any sort of rights, and you are talking about the revolutionary technologies that has a bitcoin. The maximum they can influence is to lower their living standards even more.
sr. member
Activity: 630
Merit: 251
India just BANNED Bitcoin? Will BTC now crash?
Can you give me a legitimate link please? If this is real, I am very sure that a lot of people will panic sell their bitcoins. It is most likely to happen that bitcoin will crash because it has not yet set foot to 10000 USD on this year. Also, why would the Indian government will ban bitcoin? Is there and incident that happened or is it a fake news?
full member
Activity: 343
Merit: 100
India has made a very big contribution to the world of cryptocurrencies, then why do they ban bitcoin? That's weird.
newbie
Activity: 210
Merit: 0
That's really crash in India. But maybe somewhere else not. Where is the fake news read or heard news? I think that's wrong. But it's up to you to believe if you follow that or not.

If the news is true. my answer is yes but i think it's not a big impact to bitcoin because if other sell their coins, a good opportunity to new investor to buy bitcoin in low price.  
full member
Activity: 350
Merit: 100
India just BANNED Bitcoin? Will BTC now crash?
If this things are going to happen, This is not a knew to my part, last year we are also distracted with a great issue about banning bitcoin in China and now in India, Im sure the impact is always there but im also positive enough that bitcoin recovers. No matter what, I keep holding my bitcoins:)
member
Activity: 316
Merit: 10
That's really crash in India. But maybe somewhere else not. Where is the fake news read or heard news? I think that's wrong. But it's up to you to believe if you follow that or not.
newbie
Activity: 61
Merit: 0
So far, bitcoin development in my country is fine and safe under control. Although the value of his dollar is slightly down, but for me no problem.
member
Activity: 377
Merit: 10
India just BANNED Bitcoin? Will BTC now crash?
I think Bitcoin will still run smoothly and survive. Just because India banned Bitcoin is not to affect the development of Bitcoin. Bitcoin will not die because of this. Yes, maybe only a small part of Bitcoiner from India has ceased to exist. I hope that there will be no more countries banning Bitcoin. Bitcoin deserves to be preserved in all countries all over the World.
jr. member
Activity: 317
Merit: 1
I just read a lot of topics like this about India just banned, for the fast answer to your question the answer is no still bitcoin can hold it will not crash.

If you know a lot of the bizarre state problems that bitcoin and make the price down it is a trick to get a cheap price if you do not realize it. And that's bad info for bitcoin but it seems the info is not too influential for bitcoin prices
legendary
Activity: 1148
Merit: 1006
India just BANNED Bitcoin? Will BTC now crash?
enough of all these dumb questions? will have saw more than this and bitcoin is still here, if you think bitcoin will crash, sell sell sell.....

There are lot of fake news today about the ban of cryptocurrencies in India when the budget was announced ,the market certainly dipped after the news but i am not sure whether the market went down because of this news or what because i have not seen exchanges in India.

I think the market was crashed because of some other reasons, not for this reason and India not banned Bitcoin, but RBI announced that they will not support the crypto exchanges in India this news is real. don't know how much this news affected to the market. I think one country can't shake the crypto market.
sr. member
Activity: 406
Merit: 251
They did not ban anything! Keep selling though, you won't learn until you actually lose some money. If some people wouldn't buy high and sell low the whales and traders wouldn't be making money on them.

The most likely scenario IMO is China coming out with a news that they're deciding to open regulated crypto exchanges and everyone trying to buy back before it's too late. People are so easily manipulated...
yes, the fact is that way, the scenario keeps repeating, the merchants and some whales make use of the news or even make a lie for their benefit, they take advantage of a large number of responses to a news circulating today, novice traders usually stuck in his game,
member
Activity: 294
Merit: 11
India just BANNED Bitcoin? Will BTC now crash?
enough of all these dumb questions? will have saw more than this and bitcoin is still here, if you think bitcoin will crash, sell sell sell.....

There are lot of fake news today about the ban of cryptocurrencies in India when the budget was announced ,the market certainly dipped after the news but i am not sure whether the market went down because of this news or what because i have not seen exchanges in India.
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