STOP the FUD news regarding India's ban bitcoin and crypto's

babarian

full member

Activity: 658

Merit: 100

Quote from: Dluretic on April 06, 2018, 09:19:19 AM

I don't know why there's so much FUD about India these days.
That leaves vulnerable markets further down.

there are many things happening in india one of them is the issue of banning bitcoin in that country therefore it is no wonder if so many FUD in this country

babyshaun

full member

Activity: 230

Merit: 110

Quote from: BTCeminjas on April 05, 2018, 01:09:08 PM

STOP making a shit thread about India's banning bitcoin.

DON'T spread that FUD news here if social media's broadcasters feed by the Government to make crypto price down they can do to manipulate bitcoin. This does not mean that bitcoin is banned in India.

So, let's help bitcoin, not to fallen down it because of that nonsense news.

source:
https://itsblockchain.com/rbi-banning-cryptocurrencies-fud/

What can you say guys?

Spreading news in social media about India is a fudd news just about the bitcoin of India. I have also read news in india about MLM because many of the pyramiding schemes in India are the most leaders of them being taken over by the government because of the work of the MLM platform can be their country's hardest because of the scam.

cryptogideon19

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Activity: 316

Merit: 10

Bitcoin drops even faster because of new investors who have fallen off bitcoin because of the FUD they are spreading. That's exactly what the tactics others will do just to drop bitcoin further.

BrewMaster

legendary

Activity: 2114

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There is trouble abrewing

LOL, it doesn't matter. it is India today, it was China yesterday and tomorrow it will be another country and another type of bullshit news. it is the FUD that people love spreading the content of it doesn't matter and the market makers are enjoying the shitshow a lot since they are the ones making lots of money from this.

to be honest i don't really mind these real FUDs, the big ones i mean. what bothers me the most is the idiots who keep creating topics here, on reddit and medium and on twitter and facebook spreading things that don't even make sense! in past 2 days i saw at least 50 different ones saying bitcoin is crashing and price is still the same as before and they all made asses out of themselves Cheesy

coynedterm

hero member

Activity: 882

Merit: 500

Quote from: BTCeminjas on April 05, 2018, 01:09:08 PM

STOP making a shit thread about India's banning bitcoin.

DON'T spread that FUD news here if social media's broadcasters feed by the Government to make crypto price down they can do to manipulate bitcoin. This does not mean that bitcoin is banned in India.

So, let's help bitcoin, not to fallen down it because of that nonsense news.

source:
https://itsblockchain.com/rbi-banning-cryptocurrencies-fud/

What can you say guys?

You said true , Because I seen not only news media but also many people who are totally stupid are spreading negative news and impact of that negative news is falling in the market of the cryptocurrency very badly in India .
But still it is a true that government of India is putting a indirect rule to control the use of bitcoin Because most of the small traders are buying through online only , so indirectly they tried a better rule to stop the use of bitcoin .
And also they are time to time warnings us but they never used any work like ban , but here many people are spreading this word that they banned bitcoin .
But still here beside it another thing is that government of India is looking to launch his own cryptourrency , so how is this possible that they will allow only particular cryptourrency to use .

VitKoyn

full member

Activity: 490

Merit: 106

Quote from: BTCeminjas on April 05, 2018, 01:09:08 PM

STOP making a shit thread about India's banning bitcoin.

DON'T spread that FUD news here if social media's broadcasters feed by the Government to make crypto price down they can do to manipulate bitcoin. This does not mean that bitcoin is banned in India.

So, let's help bitcoin, not to fallen down it because of that nonsense news.

source:
https://itsblockchain.com/rbi-banning-cryptocurrencies-fud/

What can you say guys?

I think this news is not a FUD, because the central bank of India (RBI) already made it clear that they don't want any financial institutions from their country getting involved in purchasing or selling of cryptocurrency, but the news that India will ban cryptocurrency like Bitcoin is not true, you can still use cryptocurrency in India but you can't use banks to purchase or sell it, I think some people are just misunderstanding it, banning cryptocurrency and banning banks from dealing with cryptocurrency are not the same thing. But hopefully this is just a temporary ban for banks in India.

Dluretic

member

Activity: 224

Merit: 10

The Experience Layer of the Decentralized Internet

I don't know why there's so much FUD about India these days.
That leaves vulnerable markets further down.

btcCoincart

newbie

Activity: 308

Merit: 0

LoL do you know why they give that FUD news?
To buy btc at cheaper price! That's all! And don't against the crowd, just enjoy and buy some when you feel good

pawanjain

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Merit: 716

Nothing lasts forever

Quote from: avikz on April 05, 2018, 01:58:53 PM

I wished that this news is a FUD when I first came to know about it but with great sorrow, I have to admit that it is not a FUD in anyway and a true news! I have done my research well so trust me when I say it is not a FUD.

The Deputy Governor of RBI has indeed ordered all regulated financial institutions to identify and stop all business relationship with any individual or entity that deals, trades or settles in virtual currency. It was just a public statement and a details instruction will be released shortly. I will wait for that circular from RBI to decide my final move. But it certainly doesn't look like a FUD as of now. I am sad and worried!

Same here buddy. I am deeply worried about it. I reside in India and being an Indian I feel terrible about the news . Th e RBI of India has indeed issued a statement saying that all the financial institutions arr supposed to stop their activities related to crypto. They have been given 3 months of time after which any individual or financial institutions dealing with crypto will have their bank account banned. Right now this news has taken every Indian by storm and I am myself worried about the future. Although I am still holding my coins because I know it will increase in future but then you know how it feels when yoir country bans crypto.

crzy

full member

Activity: 2128

Merit: 180

Quote from: buyandsale on April 05, 2018, 01:23:46 PM

cause of this shit news me got loss on zeppay its currently all selling there btc on india cause of this news and we who holding btc getting loss ..... just now me loss 200 $ in 1 hour its price going down and down on zeppay Sad

This is the bad result of FUD news and I think a more people are suffering because of this. Why people keep on spreading news like this, is there any way to report those sites who spread fake news? Well, I know this market can recover but I hope no more fud news so it can soar higher.

eternalgloom

legendary

Activity: 1792

Merit: 1283

Yeah it's pretty disturbing that FUD like this keeps getting published or repeated on social media.
It still is a pretty shitty situation though, even if it isn't a ban on crypto. Now that the central bank has banned purchasing of crypto, a lot of Indians will need to find different ways of sending money to exchanges.

Hope this doesn't spread to other countries.

sk700

newbie

Activity: 587

Merit: 0

Quote from: BTCeminjas on April 05, 2018, 01:09:08 PM

STOP making a shit thread about India's banning bitcoin.

DON'T spread that FUD news here if social media's broadcasters feed by the Government to make crypto price down they can do to manipulate bitcoin. This does not mean that bitcoin is banned in India.

So, let's help bitcoin, not to fallen down it because of that nonsense news.

source:
https://itsblockchain.com/rbi-banning-cryptocurrencies-fud/

What can you say guys?

yes sir I am agree with your answer. many dull headed people spreading false, fud,and scaming news. as a result people don't know what to do in these regard..... no scaming,,,,

ss890

sr. member

Activity: 644

Merit: 263

Quote from: BTCeminjas on April 05, 2018, 01:09:08 PM

STOP making a shit thread about India's banning bitcoin.

DON'T spread that FUD news here if social media's broadcasters feed by the Government to make crypto price down they can do to manipulate bitcoin. This does not mean that bitcoin is banned in India.

So, let's help bitcoin, not to fallen down it because of that nonsense news.

source:
https://itsblockchain.com/rbi-banning-cryptocurrencies-fud/

What can you say guys?

The news is true or not we cant say that confidently. However the news is flashing all over the News Channels in the India. But they do say that unless and until the bill is not passed in the Assembly then there is no harm for the bitcoin. However due to the news getting strongly flashed on the news channels people are getting confused about the whole thing. As usual the effect is panic sell, that is what they did in the first place and the India's most popular Bitcoin Wallet that ZebPay has got affected with this. First time in the Indian market the bitcoin price is almost down by 1K USD than the International market which used to be more than that.

We cant stop this happening because its the people who are getting uncontrolled and off course their money is involved so they will get affected.

Xester

hero member

Activity: 994

Merit: 544

Quote from: BTCeminjas on April 05, 2018, 01:09:08 PM

STOP making a shit thread about India's banning bitcoin.

DON'T spread that FUD news here if social media's broadcasters feed by the Government to make crypto price down they can do to manipulate bitcoin. This does not mean that bitcoin is banned in India.

So, let's help bitcoin, not to fallen down it because of that nonsense news.

source:
https://itsblockchain.com/rbi-banning-cryptocurrencies-fud/

What can you say guys?

It is a sad reality but RBI banning cryptocurrency at India is not a FUD. Though they have not implemented yet but there was already an initial announcement by RBI. This was already being published by different crypto news websites and it is just a matter of time that they will not allow people to buy bitcoins. But it is just India and it is not a loss, bitcoin will still have a long way to go and soon China will open again its arms to cryptocurrency with new laws and regulations.

bolbau

full member

Activity: 574

Merit: 102

I agree, I really hate those who keep trying to spread the issue of bitcoin indian tires. The most disappointing thing is, this issue is also spread by users within the cryptocurrency community itself. all we have to do now is to revive everyone's confidence in bitcoin, not to destroy the crypto community by spreading issues that are not necessarily true. I often find topics that just spread the issue without any analysis and further discussion. I hope the moderator should take immediate action regarding those irrelevant posts.

avikz

legendary

Activity: 3080

Merit: 1500

I wished that this news is a FUD when I first came to know about it but with great sorrow, I have to admit that it is not a FUD in anyway and a true news! I have done my research well so trust me when I say it is not a FUD.

The Deputy Governor of RBI has indeed ordered all regulated financial institutions to identify and stop all business relationship with any individual or entity that deals, trades or settles in virtual currency. It was just a public statement and a details instruction will be released shortly. I will wait for that circular from RBI to decide my final move. But it certainly doesn't look like a FUD as of now. I am sad and worried!

Washball

full member

Activity: 266

Merit: 151

First crypto index traded as a token!

One would almost think this is all organized FUD, all arranged by bankers to manipulate the price and to bring cryptocurrencies down. Day after day you hear or read about some government banning cryptocurrencies or shutting down exchanges. This has been going on for quite some time now and it does not seem to stop. This is really annoying. Investors are scared off and stay away from cryptocurrencies.

buyandsale

jr. member

Activity: 169

Merit: 1

cause of this shit news me got loss on zeppay its currently all selling there btc on india cause of this news and we who holding btc getting loss ..... just now me loss 200 $ in 1 hour its price going down and down on zeppay Sad

BTCeminjas

member

Activity: 322

Merit: 23

STOP making a shit thread about India's banning bitcoin.

DON'T spread that FUD news here if social media's broadcasters feed by the Government to make crypto price down they can do to manipulate bitcoin. This does not mean that bitcoin is banned in India.

So, let's help bitcoin, not to fallen down it because of that nonsense news.

source:
https://itsblockchain.com/rbi-banning-cryptocurrencies-fud/

What can you say guys?

Topic: STOP the FUD news regarding India's ban bitcoin and crypto's (Read 154 times)