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Topic: India just BANNED Bitcoin? Will BTC now crash? - page 9. (Read 2611 times)

hero member
Activity: 2324
Merit: 513
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There are too many fake news now, which only affected the price of bitcoin at the time.

Time can tell, and now bitcoin is recovering well, at a price of $11, 000.
The OP must close this thread so that FUDs will be stopped even on this entire thread.
There are many newbies that are scared about those FUDs and India did never banned bitcoin so this is a very fake news.
The price now is counting $11,200 and moving more so thanks to those supporters but no thanks to the FUD people who loves to create fake news.
newbie
Activity: 224
Merit: 0
There are too many fake news now, which only affected the price of bitcoin at the time.

Time can tell, and now bitcoin is recovering well, at a price of $11, 000.
newbie
Activity: 68
Merit: 0
Many messages need to rely on our own to confirm the truth, if not to understand in detail, will be scared of these news, make the wrong decision. In fact, India does not forbid encryption currency, but increase the censorship of cryptocurrencies.
jr. member
Activity: 88
Merit: 1
No, it will not crash just only one country, bitcoin still gaining ground in US, EU and other country. Bitcoin only will crash if US and EU banned using this cryptocurrency.
newbie
Activity: 92
Merit: 0
Atleast Narendra Modi got some brains to prevent this digital plague from grasping indians
jr. member
Activity: 235
Merit: 1
The Pure Proof-of-Tansaction [POT]
India just BANNED Bitcoin? Will BTC now crash?
[/quote
       There are always a negative news about bitcoin coming in different countries like they banned bitcoin but bitcoin is still here,yes,the price is always crashing down but after that it will suddenly increased its price again so don't panic about negative news.Just stay calm.
sr. member
Activity: 331
Merit: 250
Personal Text: Blockchain with a Purpose
This news doesnt new in bitcoin. Some people panic selling for they know it will going to crash, but smarter people will hold it because bitcoins value will not crash in that kind of news. Its value decrease because most of all sell their coins.
newbie
Activity: 64
Merit: 0
Many countries previously blocked btcs that havent affected btc groowth toi much neither would it happen now
hero member
Activity: 2464
Merit: 519
The ban was a threat on bitcoin and has not actually taken effect. Large banks are also limiting exchanges that deals with cryptocurrency.The government is working on controlling the price, not to go beyond $12000.
member
Activity: 182
Merit: 10
Bitcoin price is indeed affected when a government declares itself against bitcoin but it doesn't mean that bitcoin will crash. It takes more time for the price to grow but it will grow
member
Activity: 192
Merit: 11
The fact is that India does not ban BTC!

And the digital currency is mentioned in the national budget!

India's government strengthens digital currency payment review!
full member
Activity: 238
Merit: 100
India just BANNED Bitcoin? Will BTC now crash?
I just read an article that India has not yet banning crypto currency for the second time. A finance minister Arun Jaitley just generated a tsunami of the Bitcoin party is over in India. He also stated that their government doesn't consider crypto currency as a coin. In the article that I posted here, you'll see what did Mr. Jaitley said about block chain. His lines may be sounding like he is against in the crypto and like he's pouring cold water, but he means that it is up to people on what will they do to their coins. Whether they hold it and take a risk.

Link: https://techcrunch.com/2018/02/03/psa-no-india-hasnt-banned-bitcoin-but-its-still-talking-tough-on-crypto/
hero member
Activity: 2156
Merit: 531
India just BANNED Bitcoin? Will BTC now crash?
Will India be like China?
6 Last month I hate China so much, but I also like China
They are like BTC controllers, they are like BTC owners, with a good price control
It could be like that but this maybe a form of dropping the market value that has been built by us ,whether true or not this kind of news is dominating market value is still unstable ,china which he said banned bitcoin gradually rose and as a result not true right
newbie
Activity: 224
Merit: 0
These all are news manipulation .I don't care about these news.BTC will recover very soon

newbie
Activity: 48
Merit: 0
please guys come dawn bitcoin it will remain for ever
jr. member
Activity: 140
Merit: 1
I don't think there is any major influence from India ban on crypto. it's just that the market is currently low and very down. This is not the effect of the India ban.
jr. member
Activity: 294
Merit: 1
Indian is not the only country using Bitcoin, there are several countries that uses bitcoin today so if Indian ban it bitcoin will still survives, moreover they can only ban open trade of it that does not stop transaction among bitcoiners in that same country.
hero member
Activity: 1470
Merit: 555
dont be greedy
India just BANNED Bitcoin? Will BTC now crash?
Will India be like China?
6 Last month I hate China so much, but I also like China
They are like BTC controllers, they are like BTC owners, with a good price control
newbie
Activity: 98
Merit: 0
The big risk is that we have many investors who do not know what has accumulated. For me and many other investors who have entered early, we really crave. I know this pump will come back down because it is not justified. So, let everyone lose their T-shirts, they buy at the top and panic because of the news. When investing in crypto-hanging you should not sell to lose, Then you will not have this kind of trouble. If you're looking for a "safer" investment, go into stock and get a financial advisor.
member
Activity: 169
Merit: 10
The Government of India does not lose the virtual currency as a legitimate payment instrument. The Government will also take steps to reduce the use of crypto assets in forbidden activities including criminals.
but I do not think it has much effect on bitcoin prices. Though the price dropped at that time only because of people selling panic
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