Bitcoin Forum

I would like to share that Indian are newbies in crypto technology and their benefits any fud reaches India prices start dropping  and their knowledge base is not what in other countries likes u.s. , Germany ,etc is low but the demand of crypto currency is growing fast and more and more person now wants to invest and have idea about this technology and their uses many crypto currency exchange have been opened and they are earning huge but the much needed stand of Indian government is unclear and uncertain . government says they want to use blockchain but don't want to accept crypto currency as a legal tender
Much can't be said about the government fundamental and it's  aims on this technology soon I think this will be clear but as of now the crypto currency is neither legal not illegal so it's in the stand where both things can happen :-* :-*

Yeah but the connection India-Coins dropping is too simplistic. There are broader factors involved in the dip. Even if we believe that the news from India caused most of the collapse, then we should also realize that the coins are too weak against any bad/good news, and this is not the case in my point of view.

Though India has much population doing cryptocurrency but dont think they can determine or affect the future of cryptocurrency

What market we are seeing today from yesterday, the fall is all due to Indian media interpreting in a wrong way that government has banned the cypto currency .  Thus the market have started to tumble with this false news and now we know that even news from India does have a huge impact on the cypto currency market.

Yup it was due to us and our finance minister jatily he should have given speech in hindi instead he spoke English which of us not understood so the fud came out

LOts os fud going around these days you need to careful and not read fake news!