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Topic: India may ban Bitcoin - page 3. (Read 24859 times)

newbie
Activity: 58
Merit: 0
March 10, 2018, 04:19:42 PM
I don’t think people in India know much about the bitcoins and its anyways banned.
newbie
Activity: 72
Merit: 0
March 10, 2018, 03:41:10 PM
The country has banned and declared bitcoins illegal.
newbie
Activity: 80
Merit: 0
March 10, 2018, 03:20:36 PM
No government can block bitcoin.. People need to understand that bitcoin will help governments and countries eradicate poverty.

No government can go against such a great level of innovation
newbie
Activity: 60
Merit: 0
March 10, 2018, 01:40:20 PM
I don’t know anything about it as it doesn’t matter to me much.
member
Activity: 400
Merit: 15
Crypto Ghost Since 2017
March 10, 2018, 09:17:30 AM
The bitcoins have been made illegal by the government on India.

WTF. Don't spread FUD here.
newbie
Activity: 64
Merit: 0
March 09, 2018, 10:44:02 PM
The bitcoins have been made illegal by the government on India.
newbie
Activity: 89
Merit: 0
March 09, 2018, 04:49:39 PM
They are illegal in India as per the new wave and the policy.
sr. member
Activity: 787
Merit: 276
Currency Xchanger™
March 08, 2018, 09:12:04 PM
Bitcoins are illegal in India according to the new guidelines.

The bitcoins in India were banned long back and are considered illegal.

Stop spreading false rumor without proof . Nothing is Banned in India , Govt. still not decided Crypto position so do not spread false rumor and FUD .
member
Activity: 280
Merit: 41
March 08, 2018, 03:20:36 PM
Bitcoins are illegal in India according to the new guidelines.
newbie
Activity: 210
Merit: 0
March 07, 2018, 11:17:16 AM
The bitcoins in India were banned long back and are considered illegal.
jr. member
Activity: 92
Merit: 1
February 28, 2018, 11:45:58 PM
I will support govt in banning. I don't want my country to go to wrong path.
Why for you were in the forum. Such users need to be given ban, because we need to promote and make it grow reach next levels. Such words from the above users will generate negative thought among other users as well spoiling the growth of bitcoin as well other digital currencies. In my view India has shown positive sign for blockchain technology, so possibly they'll accept bitcoin.

Bitcoin's main aim is to disturb censorship, control and you as a bitcoin user want to ban who say to ban other user .

First clear your ideology, if you say banning of  LORENthetiger  is correct then the same law apply to bitcoin also ban it too.

You are acting as government and guess what people say government  Grin Tongue
jr. member
Activity: 92
Merit: 1
February 28, 2018, 11:36:22 PM
If INDIA will ban BITCOIN Then why RELIANCE and Sahara is planning for cryptocurrency
They will not make this legal, they can only stop people for doing any transaction in BTC

No security is provided if any fraud will be done using BTC in INDIA

Before making any comment , first understand the difference between bitcoin & block-chain

Blockchain provide a way where you can keep record and can not be altered easily .

Bit coin is sample app which is used demonstrate the use of blockchain.

You can either treat as currency if someone is willing to pay else its just a value .

Jio is making solution with bitcoin they can call it as coin but its not a currency .

Its like porno is legal in india but child pornography is illegal , but police use that law for normal pornography and try to make money from common people.

Block chain is legal in whole world but implementation are banned.
newbie
Activity: 67
Merit: 0
February 22, 2018, 10:26:39 PM
Its not that easy as govt have to provide supportive evidence against the decision which is difficult.
sr. member
Activity: 456
Merit: 250
February 22, 2018, 01:44:54 PM
I will support govt in banning. I don't want my country to go to wrong path.
Why for you were in the forum. Such users need to be given ban, because we need to promote and make it grow reach next levels. Such words from the above users will generate negative thought among other users as well spoiling the growth of bitcoin as well other digital currencies. In my view India has shown positive sign for blockchain technology, so possibly they'll accept bitcoin.
newbie
Activity: 61
Merit: 0
February 22, 2018, 09:30:34 AM
I will support govt in banning. I don't want my country to go to wrong path.
full member
Activity: 294
Merit: 100
February 21, 2018, 04:23:12 AM
India wont ban cryptocurrency>>BTC. Howver, Govt has committee which comprises of RBI and SEBI chiefs to identify how to regulate the exchanges and crypto trading. By end of march the will present its results. It is highly that Govt will introduce cabinet approved bill which will ban intro several regulations to ban illegimate transactions. They may introduce TDS on exchanges for collecting taxes.



newbie
Activity: 65
Merit: 0
February 20, 2018, 08:48:08 PM
It is because Govt will lose its income if it legalise btcs and fiats will disappear.

hero member
Activity: 1132
Merit: 536
February 20, 2018, 06:52:41 AM
So while the banking regulators in India were bashing bitcoin for being "unregulated", a $2 bn fraud ring was growing under their noses. One of their biggest banks (regulated) was doing all the money laundering.

Honestly, it's almost as if money laundering is the job of banks  Huh !!!!
newbie
Activity: 5
Merit: 0
February 19, 2018, 04:06:47 PM
Not happening any time in near future.
newbie
Activity: 4
Merit: 0
February 19, 2018, 03:21:15 PM
It is utterly impossible for any government to ban cryptocurrencies. Don't forget it is a decentralized system. Regulating its trading by regulating exchanges is the most they could do IMO.
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