Bitcoin Forum

What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? :o

The good thing, India would benefit the value and exist of the bitcoin because it can gain more higher profit if the bitcoin will be implemented in india and other countries.

in my opinion, India could be an important factor in the development of bitcoin in South Asia. if India does not ban bitcoin, I think countries in south asia will take part, although the process will be long and time consuming. The point is back to the government in that country.

As for now, they may not embrace the power of cryptocurrencies, yet! But I know when they are starting to feel being left out then they will also eventually use it.

the future of bitcoin in india is brighter and as the government continue to use it,it expands the economy of india

No people in this world can stop bitcoin, it is here to stay and the digital currency is the future. The sooner the governments all over the world realize it the better for them. Cryptocurrency can be very beneficial for the economy for a country, so the governments don't want to miss this opportunity.

India has been looked as one of the nations that would see Bitcoin’s future in the coming years. One report suggested that , demonetisation practise done by Government has helped increased the weekly business of bitcoin trading in India. The increased trading helped push the digital currency’s value to recent highs.

Under the current Govt. authority, I believe that in India, bitcoin or other cryptocurrencies will be approved after setting certain rules and regulations.

India government posture and stand on bitcoin is favorable and the numerous IT experts in India can utilize this opportunity  to make bitcoin a strong currency in Asia.

 I think bitcoin or other cryptos will be approved in India. But before that Indian govt will set some regulations for controlling any unwanted situation. 

India is one of the big economy in south Asia. If bitcoin have become popular in India, neighboring country Bangladesh and Nepal will understand the necessity of it. So they will legalize it in their country.

The current situation is not very positive in india right at this moment. The Reserve Bank of India had issued a notice to all commercial banks which forbids them to provide services to any crypto related businesses. Few crypto exchanges have taken this matter to the court and surprisingly the court had denied interim injunction on that notice.

The future looks grim under current government policies as this givernment is driven by religious forces.

Weren't all of the Indian crypto exchanges leaving the country and moving to Singapore or something?

One cannot possibly blame India for blocking banks to work alongside crypto businesses. A lot of people got scammed in India, people were held at gun point apparently, and the thieves took away the entire money. But we can't blame crypto as well. The future looks uncertain, there were rumors about the Reserve Bank of India releasing their own coin, hopefully whatever happens, it is for the best.

it seems where you have high populations and they have little to no money then they are not going to be allowed bitcoin by their governments

sad but hopefully this will change over time for them

there is no positive sign from the govt. So I can not predict the future of crypto in India. But i think India is well techie country with a lot of tech celebs. So they will make a way forward to adopt crypto and bitcoin in future.

Indian crypto exchanges are certainly planning to a more crypto friendly nations like Singapore or Hong Kong but that doesn't help the common crypto users of India. Where the common people used to receive domestic remittance, they will start receiving foreign remittances which will raise another set of alarms to the tax authority. Individual peoples will start getting tagged by the tax authorities on those remittances. This will further worsen the situation.

The only way is to keep the p2p transaction market alive like localbitcoin and paxful. p2p transactions are harder to catch if the amount is kept within a certain low limit. But if the government finally decides to ban it, a lot of people will face serious trouble.

I do not think these bans and controls will be long. As the states begin to make profits, those who implement this ban will remove the bans one by one. Feature The US and China will be welcomed globally.

for a while, I see that the Indian government still does not accept bitcoin and other cryptos. a high number of population in India makes the government must take preventive action to avoid criminality by using bitcoin or other cryptos.

I am convinced that the Indian government actually realizes that bitcoin and crypto are their economic solutions. but they just are not ready yet. and there are still many primitive societies.

A country where internet is just new, it will take some time for the public to accept it as a currency.Most of the people in India, think of bitcoins like some stock that can be used for investments.
Things are going to be like this, static, for a decade.It's going to take some time to make an environment like south korea here.Till then it's future depends on some ignorant bureaucrats :/ 

Most of the coiners in India will have no longer to think that crypto's will be banned if everything is under the government policies.

Government has not clearly stated its policy on bitcoin and unless it gets banned completely,bitcoin has a great progress in India.Government has decided to launch its own digital coin Lakshmi and if it gets launched,it seems that India might take serious steps against crypto currencies.

As far as bitcoin is concerned,the government has given three months time for the investors to convert their bitcoins in to fiat.

In my opinion maybe the government of India wants the community to be controlled from cryptocurrency activities and do not want people to be lulled by patterns of game patterns that quickly make money but in the end they get nothing.

In South East Asia subcontinent, India is the tech giants. And there are so many example of grabbing the new innovation by India. So India might recheck their decision to accept and approve crypto over the country.

Yes, that's true Cryptos could revolutionize the very way we think about money, and by extension, how we handle transactions and think about our economies.

Even though Bitcoin usage is not valid in India, in the future, India will be a successful country for Bitcoin. Because many people of India are still involved in Bitcoin. I think India will soon declare Bitcoin validity and many of India's people will be released from unemployment. In the future, India will move forward economically depending on this bitcoin.

For some reason I think that in this country you this cryptocurrency will take root for a long time. But it can be anything so OGE will give you their opinion.

Indian Finance Minister Arun Jaitley said the virtual currency is not a valid means of payment in the country.

India will reduce the use of virtual currency associated with criminal activity.

"The government does not recognize virtual currency or coins as a legitimate means of payment and will do everything to reduce the use of these crypto assets in the funding of illegal activities or part of the payment system,"

Many people in India are still involved in Bitcoin. I think India will soon declare Bitcoin Validity and many Indians will be released from unemployment. In the future, India will move forward economically depending on this Bitcoin.

So I can not predict the future of Crypto in India. But I think India is a good techie country with lots of tech celebrities. So they will make a way forward to adopt Crypto and Bitcoin in the future

there is no clarity for the future of cryptocurrency in india but i am sure this is only temporary and will change as what happened in russia.

Good to hear that, if their government support bitcoin that's gonna be awesome since India is the second country with the highest population after China. However the government have done the right thing protecting their citizen from something bad we all know that this is the common issue and the reason behind why those countries banning bitcoin, yup people are losing money on hyip or Ponzi scheme even though is not bitcoin's fault, the government just see it as a threat for them.

It is very critical stage for Bitcoin in as clearly there are two minds,1) that wants Bitcoin and 2) The government. After bans and everything the government hasn't taken any action yet for those who are still doing transaction Soo that is indicating that government is still giving a thought to there decision and that more than enough for Bitcoin. As far as my thinking is concern I still say the future is very critical for Bitcoin in India.

the advancement of technology of course the state of India will continue to follow the flow of globalization increasingly using blockchain or cryptocurrency technology and if not then of course is the prestige itself against other countries that are considered not to follow technological progress so definitely in India will continue to grow

Now time is the bad moment in india abount of bitcoin because Indian Finance Minister Arun Jaitley said the virtual currency is not a valid means of payment in the country,but when everythink is ok or legal in india that momen is the best time for crypto market, because India is one of  big economy in south Asia. If bitcoin have become popular in India, neighboring country
Bangladedh,pakistan  Bhutan,Nepal and Sri Lanka will understand the necessity of it. So they will legalize it in their country. and I know india population is the second in the world so I hope future india declare bitcoin is the digital money or payment pay money for this county ;)

Traditional crypto exchanges aren't meant for handling fiat money. Even if it's assumed that the exchanges will stay in India,people will be taxed, for financial gains, although I am quite not sure on that.

And it's the banks that act like cunts. They block your money all the time in the name of privacy policy. I can tell you that the privacy policy is fucked up in the arse. I'll give you one example: My bank held a few thousand dollars a few weeks ago for a payment that I made. They blocked it for god knows why reason, when enquired I was told it is because of their policies and the funds in hold will be released in 3 Business days. 3 days later, no funds received, I call up the bank and they now claim it takes 14 days. And the amount they held is not a small amount. They need proof for literally everything. Providing proof of funds for P2P transactions would be fucking bothering and risky, if one exchanges bitcoin to Indian currency.

I think the Indian government will coin BitCoin as a commodity or asset. Then tax them

Under the current government policies? It's obvious that they are quite anti-bitcoin, even though it's not a flat out ban from the government right now.

However, we don't know what's necessarily going to happen in the future in India regarding bitcoin. Obviously, we would like to see as bitcoin enthusiasts for the RBI restrictions on Indian banks regarding dealing with bitcoins to be lifted, however, that's not guaranteed to happen nor is it likely to happen in my view.

I remember that the government of India was looking at a high tax on bitcoin, but at least it would be legalized. Since they are indeed talking about this as an option, we can't rule out that possibility. However, excessive taxing hardly "helps" bitcoin in India or businesses to grow. Honestly, all governments should be trying to attract bitcoin related businesses into their countries right now using this opportunity, instead of trying to repel them.

Cryptocurrency(Bitcoin) has been banned in the current government of India. BitCoin's investors have been disturbed. I believe that in future, Bitcoin's investment is legitimate when it comes to change in regime change or the current financial regime.

 I think bitcoin will be approved in India,  as the government continue to use it, and it expands the economy. So the government does not want to miss this opportunity.

Even if the government tried to ban Bitcoin in India it wont have much effect on its adoption, as people will still have the options like LocalBitcoins where they can buy and sell bitcoins for cash. Also eventually all the world governments will have to accept Bitcoin as it will be too big to ban it just like that.

India is a large cryptocurrency market.
This is a country with great potential. If the policy allows it,
This will be an important place for the cryptocurrency world.

Codecs have been widely available in India in the past year, and Bitcoin has sometimes been traded against a 30% trial fee. The reason may have been from 2016, when the Reserve Bank of India removed high-value bills and it was a shocking move for the nation. The picture is hopeful but we have not said anything yet

overnment killing bitcoin to launch its own Lakshmi, so BTC will be down on INDIA i thinks.

I think Indian society can not do much about the ban. it is likely that India will not support bitcoins and cryptocurrencies in the next few years before the regulation changes with the wishes of the state. but to date, there are some developers coming from India and they are still running until this moment.

Your opinion is very good and like to your opinion.
What you are saying is also true of the development of bitcoin in India because the development of bitcoin in Indonesia can push India more advanced its development in the presence of bitcoin.
Moreover, the government to use it is very good for the progress of the country.

india banned btc for many reasons by govt. based on this many people still doing business through btc so if the govt. accept this again then the they will be benefited because already many online store accept this currency also their economy will develop more and more so it has good future.

I think Bitcoin India can not be so popular yet. In fact, India has started working with Bitcoin and they are working on it. Bitcoin may be in good condition in India.

Bitcoin in India will be more brighter in the future if the bitcoin will be legalized or implemented in thier country..I believe that if they allows bitcoin to run legaly in thier country many people can benefit and also through bitcoin they can improve and develop more in terms of economic growth...

I think if this present government just co oporate a little then i must say in the whole india bitcoin will spread its wings.

It isn’t a secret that Reserve Bank of India (RBI) has never been a big fan of Cryptocurrencies. In the past, the central bank has given fair warnings against investing in the likes of Bitcoin due to its high volatility and speculative nature.
Even then though, the number of crypto-investors continued growing in the country.
However, the latest RBI announcement on Bitcoin can be a
major blow for the entire community in India.

Can happen completely different with cryptocurrency in this country, but with the accuracy I can say that they will not also reject the new namely the cryptography that gave something new to the country.

From my perspective i think i will be a great place for crpto trade. Because in right now there are many Indians are investing in this market. Indian market is a large market. So cryto also wants to do business here.

future of bitcoin in india is in respective courts directions of making guidelines or else taxation but soon it will turn positive in terms of clarity for crypto investors

India is a country that can grow rapidly at this time does not close the possibility of this country will use the currency in gital as a means of transaction because this country also continues to promote bitcoin as a centralized means of exchange as a means of payment in gital

I think Indian people are starting to supporting bitcoin by making an investment in bitcoin. India has a large number of investors and right now most of them already make their investment in it. Indian prime minister also supports the cryptocurrency. They always wanted to make the country more digital. According to them, they want to make great use of blockchain technology in the agriculture sector. So India has great future ahead in the crypto world.

Bitcoin has a great future ahead in India. The people are getting more interested in investing in Bitcoin. The government might put some regulations on the transaction on it.

According to the information I read, "the Reserve Bank of India (RBI) deputy governor, R.Gandhi, made an important speech last week at the fintech conference that the Bitcoin value and is an unlimited currency " so it gave bitcoin in india a very positive news for the future of bitcoin in india

With how the cryptocurrency is shaped to take over the financial assets and the economic value that it opens up to the world. I think that it has a good opportunity to really make a difference on the schematics of how payments and transactions are done in India. I do think that as one of the countries being used as an outsource via jobs in the other countries that it can have an influence on their decision making on opening up to bitcoin to their borders

You have a high population and they have little or no money then they will not be allowed Bitcoin by their government. For now, they may not use the power of Cryptocurrency. But I know when they start feeling abandoned, they will eventually also use it.

According to sources I read India became a revolutionary state of Bitcoin because of the lack of their banking infrastructure. Based on nominal GDP, which is about $ 2.5 trillion, India is the seventh largest economy in the world. therefore India is considered the right place for Bitcoin adoption because of the public attitudes toward their current financial system.

possibly for now and the next few years India will not intend to make policy on cryptocurrency industry. perhaps the policy has reached the final of the ban. but we will never know what happens later

I really think that bitcoin is going to be one of the big cryptocurrency trading and also used for mining purposes in India in coming months and years. Indian country are really a big fan of blockchain technology and they are currently taking steps to create a good environment for cryptocurrency traders and other investors by making some strict rules and regulations by which they can easily take part in Crypto investments. They are planning to introduce new Crypto coin called Lakshmi Coin soon you just need to give them some time.

I think bitcoin is going to be one of the huge cryptocurrency that will be used in trading and mining purposes in India. India will be rich out of that.

In india government has some strict rules about bitcoin. Though it's not banned but you can use it in limited amount. But in future we think India government will accept it fully.

initially there were many who oppose the entry of the internet in the world, but see the impact that occurs when the internet entered into a nation and now already in use by the whole world.
which I know of many benefits that occur when the internet enters the world and facilitates our lives.
so i think ready or not ready government of india country should be able to accept technological development according to its era.

India will explore the potential of 'blockchain', the technology underlying bitcoin and its competitors' digital currencies.

Bitcoin is  best crypto currency from world. It's beautifully business.Many people used bitcoin.Day by day it's price increased. Day by day it's use increase. India government is legal from bitcoin.So indian people use this coin.It's Good income source. The indian economic forum very hight for bitcoin earning.Indian future of bitcoin very largely. So I there for Indian bitcoin future is very good & Best economical income.

The future of blockchain based cryptocurrencies in India is bright I guess. In India, there are no regulations around cryptocurrencies yet. It is also less likely that the country will bring its own cryptocurrency. With regards to the Blockchain, India can’t be overlooked. It is an incredible nation with more than a billion people who recently experienced demonetisation. That is the time that numerous Indians started capitalizing their cash in Bitcoin and proceed to owe them now. Then they state and call bitcoins as the “next big thing since the internet and computing ". Bitcoin and other cryptocurrencies may not be much of a threat to fiat currencies today in India.

I believe that India is tech savvy country. And there are ao many tech celebs. So considering the overall situation they might approve crypto after implementing proper regulations and rules.

The efforts of the Indian bitcoin-exchanges on market self-regulation allowed the Indian government to reconsider its attitude to the digital currency sector, despite criticism of several politicians who lack knowledge in this area.

India announced that the Indian government committee had decided in favor of regulating the market of bitcoins and is currently setting up a task force to develop various regulatory concepts in order to fully legalize the digital currency in the short term.

From my perception, if bitcoin is implemented in India then it would be a very important factor for bitcoin development in South Asia. If bitcoin is legalised in India then many more countries of South Asia along with India will take part in the action. They may not have embraced the power of cryptocurrency yet, but eventually they will & it can be beneficial for the economic development of the country.

India does not give anything to bitcoin to be honest, i do not even understand why there are people spreading FUD about this, because this is not even important..

While the cryptocurrency prohibition law in India is still being enforced, it is advisable that people should keep their bitcoin safe in their wallets. Cryptocurrency adoption is growing fast from country to country and I am sure India will be one of the countries that will adopt cryptocurrency.

India is a developing country.  They have already lifted the ban on the use of crypto-currency, which means that they see potential in it.

there has a future of bitcoin in india, because more countries in south east asia are already adopted bitcoin, if this india try to adopt bitcoin to be use in the future, many countries will follow, we all know india is very strict on their own country wealth, so theres a huge impact if this india get involve in bitcoin.

I have found a unique and very accurate system of forecasts at the cost of cryptocurrency. Cryptics - a blockchain-based cryptocurrency exchange rate aggregator fully reliant on neural networks and AI for building market predictions based on real-time data. So, now it becomes possible to trade with the help of artificial intelligence. That platform was developed by a strong team - main participants are PhD in mathematics and computer science, as well as former employees of Intel, Alcatel, Nokia, NEC, and SAP. That allows Cryptics to make trustworthy predictions with 70% accuracy.

is India government already make a policy about bitcoin? what is the policy about it? I think if there are put a tax for the bitcoin owner and bitcoin investor I think its okay, but if the policy is about banned bitcoin from India I think it will be worst and I think the bitcoin user and bitcoin investor will panic to sell their bitcoin before the government banned it

Infrastructure conditions for Bitcoin in India are very good, operated by reputable trading platforms such as Zebpay, Coinsecure and Unocoin. These three venture capitalists provide the best infrastructure so that local investors can trade Bitcoin easily.

I think the future of cryptocurrency in India is bright. India is a computer developed country. Although the talent of their country is in the United States. I think not just India. All countries accept cryptocurrencies. Especially strong countries.

India does not have an important weight on the entire crypto market, so i think that here is no need to be worried about this too much, just relax and be careful, because it all can change

as now governments take crypto currencies as a threat but sooner or later they will find out its value and importance in the developing of their economy. always hope for the best

If Indian Government banned crypto-currency then you will not be able to encash your crypto-currency in INR. But you can hold your crypto-currency in your personal wallet. No Government can take your crypto-currency from your block-chain based wallet. You can hold your coin as long as you want.
As per latest news, Government of India don’t want to ban crypto-currency. They only want to regulate the Black money involved. So, they are trying to legalize it and thinking to apply some special tax in it.

Earlier in the budget finance minister has declared that bitcoin is not official, but later on he said that we are thinking to make it official and the expert team working on it and collecting information from other countries also. So in near future bitcoin may become official but definitely with some rules and regulations, let's see what happens.

India government stance and remain on bitcoin is great and the various IT specialists in India can use this chance to make bitcoin a solid money in Asia.

India has already ban the bitcoin in india.but it has a plus point that people from india can trade with bitcoin or can do what ever they want they dont have to face any problems.because security about online trading and about bitcoin india doesn't give much importance.and though it has been banned but by the help of the vpn they can contunuously work with bitcoin.and get theur benifits.and also india has a lot of bitcoiners so it will easy here to grow with bitcoin.so i think the future bitcoin in India is bright.

Most of Indian people uses crypto currency than others and because bitcoin iss best pricee crypto annd iit rrules the crypto world so it plays a great roll all over the world.before some months indian goverment has banned the bitcoin because of the problem of  economical solution.but untill indians are attractive with bitcoin and continuing their trading. so bitcoin has a huge advantage here.and after all that we can say bitcoins future is shiny here In India.

Bitcoin has positive effect economically. It gives profit to their investors and make them strong financially and individually. We can't deny it. And BTC is beneficial for every country and person.

India - in my opinion a very interesting project for the crypto currency. I participate in a very interesting Indian project, which in the future will be able to conquer this market.

There are many possibilities in India for crypto currencies to grow. The base of crypto users is very strong in India and many people are trying to get into it.
Recently government also published rough draft in the assembly that bitcoin and other crypto currencies must be taxed with 28% rate and this statement can be taken as conclusive proof that India might be planning on to give the status of legal tender for the bitcoin in the coming days. Otherwise they would have never made draft like that where statements are being made that bitcoin should be taxed and they have value for that too. May be soon India will transform the crypto acceptance in the country.

I think Bitcoin has a great future in India. Although there is some regulatory issues going on currently for Bitcoin but I think it will be solved pretty soon. As the government knows that fighting against Bitcoin is a fight they are going to lose. Also India has a huge population with majority of them being young.

the development of bitcoin or crypto will get better and more rapidly. if the government of India is able to manage well and make the policy well. this will be an example for all countries that prohibit the use of crypto

it is true that every country will slowly start receiving bitcoin because of course if it does not accept it will be as lagging with other developed countries and the thought of young Indians certainly also proposes to continue legalizing bitcoin

To make a good analysis about the future of cryptocurrencies in India, we need to be told the current government policies. However, you may need to find out the outcome of the suits filed against the government by some exchange owners around April, already before the supreme court.

Bitcoin is making the economy of the country really good so we should use the opportunity of high to get benefits for the developments of economy we really needs bitcoin, we should help and support bitcoin for making such kind of decision, so I think after the acceptance and legalization of bitcoin in INDEA we are going to see bitcoin a the highest price ever.

India is a big country, Bitcoin has got a very high prospect in future. Whatever governments policies, i believe bitcoin is getting more and more popular with each passing days.

For India, the use of bitcoin is a very good step and the development of many structures of the country. Perhaps other countries, seeing a clear example, will also start using bitcoin.

Even though the government has clearly mentioned that they are willing to eliminate the usage of cryptocurrencies within the country, I don't think that current government will take any decision as of now because elections are coming in the next year and government will not take any risk at this stage in my opinion. We should expect any decision from the next government (most likely it will be the same), on the other hand, domestic exchanges, are preparing for the deadline given by the Reserve Bank of India. Still, users will be able to use banking channels for cryptocurrency to fiat and vice versa trading through the platforms like Localbitcoins.

Bitcoin in India really does have a future since its population is greater than any other country in Asia sector other than China, it has diplomatic controlled relations with most of the countries in the geographic region so there is no external pressure involved to the adoption of bitcoin

Till now I don’t feel that bitcoin has any bright future in India because the government of India is not that much supportive with the bitcoin, there comes a notice from the reserve bank of India dated 03/04/2018 specifying that people have to withdraw their all money that they have invested into bitcoin with in 3 months otherwise after that they will be solely responsible for their loses and this has created panic and a fear in people regarding bitcoin and now they don’t want to invest into bitcoin no more but we cannot predict the future and could have bright future ahead.

Bitcoins in India will be easier to develop because they have more opportunities to do so, and if it develops, it will benefit the neighboring countries.

I don't see any bright future of Bitcoin in India unless people kicks off the present dumb government.

If the Indian population can utilize bitcoin well maybe bitcoin will be the future of the people there. The large number of residents there is also one reason bitcoin will grow rapidly in India in the short term and long term.

NO future of bitcoin in India because the RBI banned bitcoin they doesn't excess in India.

if india would accept bitcoin in their country, i think thay will get a lot of profit and bitcoin will grow
but if India is not willing to accept bitcoin in their country, then the future of bitcoin will be bleak

It is not clear at the moment whether the Indian government really forbids cryptocurrencies. If that happens, it will be a pity. On the one hand, people who want to trade with Bitcoin simply ... will trade. All bans can be bypassed using P2P platforms with end-to-end encryption. On the other hand, India has great potential. Bitcoin's popularity in India is rising rapidly, and the government, thanks to Bitcoin, can save many billion dollars a year. Legalization would help the bitcoin price.

Scince they had already banned bitcoin in their country, I have not heard any of updates from there, I'm wondering how does there bounty hunters living under the forbiding law...

I think that, the future of Bitcoin in India is bright.  because now Bitcoin is legal Criptocurrency in India. Bitcoin is acceptable most of the website and online shop. most of the people in India interest Criptocurrency.  they can invest in and start trade.  in future it will be more popular in India. then they will using it many ways.

Government of India don’t want to ban crypto-currency. They only want to regulate the Black money involved. So, they are trying to legalize it and thinking to apply some special tax in it.

Bitcoin and other cryptocurrency are not banned in India. They are declared as not a legal tender as per RBI. Gold and Silver also do not have a legal tender in India that does not mean they are banned.

Coming to the Future of Bitcoin and Cryptocurrency, there are thousands of way to cash out the money invested and no matter what measures the Government take you can easily buy, sell and trade in btc.

Other such options : You can invest in Shares and Mutual funds in india via demat account if you want to follow the RBI guidelines.

I agree. I don't think that banning Bitcoin-related activities will do them any good. India, although in majority, a not so rich country, they are quite technologically inclined, and so, it would not be as hard for them to adapt cryptocurrency practices because it's easy for them to learns its ways and means. Also, the sheer number of people their would be a key instrument that can really contribute to the explosion of cryptocurrency in Asia and all over the world. As more and more people of different nations would embrace Bitcoin, it would help more people realize its true potential.

Yes, bitcoin has a future in India and that is too bright. Right now crypto is in middle of a ban and regulation in India. But soon this will change and we will see more & more people getting attracted to bitcoin.

yes i also agree that india is a poor country but i do also see that many indians are more active in this  forum (bitcointalk ) and also on the other parts of websites as well . that simply shows that indians are also eager to learn and adapt new things especially in the latest technology which is cryptocurrency . that is why  , the future of bitcoins in india will definetly become brighter just like any other countries that currently supports the use of cryptocurrencies .

Nice future in India.

As we know, the development of cryptocurrency every year continues to grow even some governments have started legalizing bitcoin in the country. So, it is likely that India will follow the development of cryptocurrency in the future, if most countries in the world have started receiving cryptocurrency. Because otherwise India will be left behind some steps from other countries.

Recently I got news from media and they said that the ministry of finance placed a committee to draft regulations on cryptocurrencies. And not only that one of the official from that committee mentioned that they are not going to ban cryptocurrency and they will treat cryptocurrency as commodity. It is really good news for us.

Bitcoin is a relatively new digital media market in India, where there are now many policies in India that are actively promoting the bitcon market as well as support for bitcoin development in the future.

Bitcoin can be the future of India. There can be some rules and regulations and it can take some time.
Nowadays, Indian government declare it illegal but after some time it can be legal and after making some new amendments and new laws it will be finally boom up and the future of bitcoin will be good

At a time when a country begins to feel the benefits of bitcoin it may erase the bitcoin ban in it is country.Likewise with india,india may accept bitcoin under the terms an regulations set forth in the country.

Although the policies at the moment don't seem to support bitcoin, the future of digital currencies looks bright, sooner than later the government in India and other governments in most parts of the world will begin to appreciate the beauty of bitcoin and how beneficial blockchain technology is to every economy.

if the government is still applying the principle to ban bitcoin I think the future of bitcoin in India will be difficult to develop because this as one way to develop bitcoin in every country is through government approval and support. however, if the government can provide another regulation that approves bitcoin it may be different for bitcoin in the future.

In recent days the contribution to the cryptocurrency network from India is found big. This is seen as a positive sign for the growth of bitcoin and other forms of growth along with technology. Now such a step from government makes it hard to the users from India to accept and I believe that the government will regulate and won't ban it completely.

I think Bitcoin is going to be big in India in the coming years because technology-wise India is ahead and it's just a matter of time for them to fully grasp its usage and massive adoption will take place. They even have the population to back it just like China.

I believe every thing has its own good and bad so this happen to bitcoin and crypto currency as well just because of this many countries not allowing their citizens to use this same happen to India government is working on this just because of this right now they are not allowing peoples to use this but in near future its going to be good for them and ll and they will allow as India is one of world's biggest giant in software industry so its very hard for them to keep away common peoples from this new age technology

Actually no one really know as the final judgement of the fate of the crypto currency in this nation was their Supreme court of India. We will just hope the decision will favor the Bitcoin investment which i believed it will because the law will always favor the regulation in order for the Crypto to become legal in this country. Here is the link for our reference https://www.ccn.com/breaking-indias-supreme-court-sets-september-date-for-final-cryptocurrency-petition-hearing/.

People in India already don't trust banks or their government, so why would it matter if bitcoin is "banned"?

We cover a lot of the anonymous exchanges people in India can buy bitcoin and altcoins (https://www.cryptogamblingsites.com/country-guides/india-crypto-currency/) at currently.

Even if it is "banned" people in India can buy cryptos because the government banning bitcoin in one country doesn't change the fact people already own crypto in these countries. People from other countries will also sell it to people in countries where it is "banned" so India's government just has to deal with it.

The future of bitcoin in India is very bright and promising. The price will rise sharply

Even if the "forbidden" people in India can buy passwords because the government forbids bitcoins in a country that does not change the fact that they are encrypted in these countries. I believe everything is good and bad so this happens with bitcoin and electronic money just because many of these countries do not allow their citizens to use this happening to the government of India. This just because of this does not allow people to use this but in the near future it will be good for them and they will allow India to be one of the largest software companies in the world in the software industry.

What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies?
Future government policies can also change in India. And bitcoin can be prevalent.

Bitcoin can be the future of India. There can be some rules and regulations and it can take some time. 
Nowadays, Indian government declare it illegal but after some time it can be legal and after making some new amendments and new laws it will be finally boom up and the future of bitcoin will be good.But soon this will change and we will see more & more people getting attracted to bitcoin.But i think India is well techie country with a lot of tech celebs. So they will make a way forward to adopt crypto and bitcoin in future.

The future of bitcoin in India will certainly be brighter as any other country is currently supporting the use of electronic money. Thus, it is likely that India will monitor the development of electronic money in the future, if most countries around the world have begun to receive electronic money.

according to this link - https://coinsutra.com/future-of-bitcoin-cryptocurrency-india/
India will be left behind some steps from other countries. One of the commission officials said that they would not ban electronic money and would treat electronic money as a commodity.

as statement of RBI recently - "In view of the associated risks, it has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide services to any individual or business entities dealing with or settling VCs. Regulated entities which already provide such services shall exit the relationship within a specified time. A circular in this regard is being issued separately.”
 source link - https://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=43574

but i dont think RBI will ban crypto because this might be a political trap.

i do not know with the condition in india regarding the cryptocurrency there. but, I think India is one of the best countries in this case, but, last time I heard that they banned bitcoin, is that true? Well, it's a shame if it's true, because I think one of the best cryptocurrency developments is in India.

Today, the Indian government claims it is illegal but after a while it can be legitimate and after making some new modifications and new laws, it will eventually explode and the future of bitcoin will be good. .

There is a great chance that bitcoin could go all over the world of business market by doing transaction of payments system and promote economic growth and social responsibility by means a capitalize country otherwise all of this would only an expectation and become a dreams because as long as the digital investment system could not be legalized and regulate to operate all over the globe.

I do not think Bitcoin will have a future in India. Although India is a big country, the Indian government is conservative and has no broad vision. Even if Bitcoin is accepted in India, I think the Indian government will strictly manage Bitcoin.

India is the world's second largest country, with more than 1.2 billion Indians is a strategic market for bitcoin, I hope that the Indian government gives freedom and legalize bitcoin so it can make its people improve their life and economy.

The MOF is currently banned in India, so it is more difficult to accept the MOF in this country. In my opinion, the Indian government should analyze the points that the MOF has brought. That would be better for many Indians.

In my own opinion,bitcoin will have a good and brighter future in India country. Their governments,time will come that they will realize the true benefits of Indian people with the bitcoin. They will totally accept the bitcoin in their country,and it will be legalized on entire country.   

If the government and the people of India accept Bitcoin, then I believe that Bitcoin will have a future in India because it is a highly developed country. I hope that Bitcoin will become the main currency of India

So why is it important if bitcoin is banned? Even if the "forbidden" people in India can buy passwords because the government forbids bitcoins in a country that does not change the fact that they are encrypted in these countries.

I think government and authorities of bitcoin and people of india come on a page, and they have to admit this digital market and demands of people for this crypto market after that they have to give them permission.

India is now one of the countries trying to stop the BTC, so do not think that India will accept the BTC, I think India should reconsider

The future of the bitcoin in india  brighter it will help the economy it will help a lot of people in india rather than  the goverment in india
If the people of the india accept bitcoin it will help them to become successfull

I think all the residents of India must be aware of the notice dated 03/94/2018 regarding bitcoin that the use of crypto currencies in India will be completely ban so all the bitcoin users are requested that they kindly withdraw all their money that they has invested into bitcoin within 3 months and then after 3 months in July they has banned all the crypto currencies from India but still there are assumptions that there could be some amendments in this notice and once again crypto could be legalised in India 🇮🇳.

Although the government is constantly warning about the risks of investing in the money market, most Indian people remain optimistic about the future of cryptocurrency. As in India, 7% of Americans recognize that they own Bitcoins or other electronic currencies. However, the people of India are far more optimistic, with 68 percent believing that most people will use cryptanalysis over the next decade, while only 45 percent of Americans surveyed share the same view. and this number is 47% for the Russians. The Indonesians have the strongest belief with 74% higher than the average figure of 69%. Japan ranked third with 66%, while the British were skeptics with 44%.

I think India government will release regulation on cryptocurrency. Right now government ban bitcoin, i think its for temporary and not permanent when SEC approve ETF bitcoin trading, I am believe every government in the world will regulate bitcoin trading

I think it's the time of sunset of bitcoin in India due to ban.but l hope it will be not for long time.crypto currency had to much popularity in the world. so I can say don't worries about this.

Not in Indian , people are getting future in bitcoin in worldwide .

The Reserve Bank of India (RBI) has barred Indian banks from serving Bitcoins & Cryptocurrency Exchanges.
But I believe that, bitcoin & other cryptocurrencies will be approved in India very soon. That's mean Bitcon will have a great future in India.

As internet is everywhere and Bitcoin is only dependent on internet so if the government Bans Bitcoin then also we can use cryptocurrencies.. and if you talking about the future then at present almost 40 to 50% people already started using Bitcoins are the cryptocurrencies as everyone is greedy and they want to make some profit and I hope in future Bitcoin will be able to become one of the main currency to be transacted.

I am so happy that India decided to recast those regulations of theirs. It seems that for now the Bitcoin and India will became something so big, that another country's will be amazed about how they improved.

The future of bitcoin in india is brighter not in India all over the world the future of bitcoin is brighter its helps the people and also the govt.the indian govt. Legalize the bitcoin and people accept the bitcoin and make successful day by day

I know in india a big crypto community already established because this is large population country i think more than 100 core people lived in here.Government against with crypto and i think Bitcoin is illegal in india.But i believe good future in crypto currency in india.

I think that everything can happen, with the current attitude of the Indian government to crippling and this for the country can bring a lot of advantages)))

In September there will be a meeting on the legalization of crypto currency and new ico projects! now a lot of projects from India with a very good product and with a good team! In India, a lot of good programmers! India understands that the crypto industry is the future!

Yes, Indian government is really conservative but they will have to accept it soon or later. That's is inevitable.

i think after some government ban bitcoin they never accept it again, it will be blunder for them. maybe not accept but allow users to use it with some regulation. and be neutral for bitcoin.

I thing Indian government may understand that the future bitcoin is really great and if they avoid it they should regret in the long run and the meeting that held on last September about crypto is the prove.

Since India population quite massive, it can affect on bitcoin value globally.
But as far as I heard, their government also against cryptocurrency for some reason.

Of course I'm hoping one day , it can being legalize for good !

Bitcoin is banned in india due to the bad effects of it and the bad news about of it. Well, in the reality, Indians can still access it by using other IP address. And the governments cant control it.

there are some new rumors about trading cryptocurrencies and bitcoin in the country of India, trade is permitted by regulations from the local government. but I was not sure about the news and did not try to find the truth. and if that is true, India is still likely to create a cryptocurrencies market

Yes, bitcoin has a future in India and that is too bright. Right now crypto is in middle of a ban and regulation in India. But soon this will change and we will see more & more people getting attracted to bitcoin.

I'm hoping that India will provide and cancel the ban that they are putting on the cryptocurrency, so they will just see the example of other countries like Thailand and Philippines which are greatly performing with their example.

most of us trade in various classes in the stock market. so is this any different ? so that authorities of india are likely against a sweeping cryptocurrency ban and treat them as community.  if the indian government does this, then there will be big news  for crypto community.

The Indian government is slowly adopting bitcoin. Indian banks are paying for bitcoin. In the future, bitcoin will thrive here.

Why is that? I think they will have to accept it again. It seems to me like banning the printing press at the 18th century...

The cryptocurrency market is experiencing a lot of volatility, especially in India.
Regulatory tightening and policy ambiguity have shaken investors' exchanges over the past few months, although industry experts say the period is only temporary.

The future of bitcoin in India will be great though the government of India has been slow somehow. Certainly,  cryptocurrency will have to be accepted in India for business transaction.

Because I am an Indian, I can tell that the future of Bitcoin is very bright in India, just need a little bit of wait.

In principle, the fact that bitcoin will be regulated by the government of India is not so bad. The coin will be legalized and there will be no problems with its application.

India is entering a new level! In September, a session on state regulation and legalization of the Crypto-currency should take place! A lot of interesting projects appear in India, as well they have a lot of programmers who develop in crypto networks! I think that India will be among the top 5 countries to promote the crypto market around the world!

Somehow I think that India will reverse the crypto currency ban that they have put on, just like Facebook have done that before. Because people ultimately will understand the advantages of cryptocurrency.

Now a lot of projects from India with a very good product and with a good team! India understands that the cryptography industry is the future! Bitcoin always has its own way of doing it by following the laws and how it works

I believe that as i speak now,bitcoin is stable in India already as the RBI has become neutral against crypto currency,and the indian government is not implementing any negative policies towards this community so i guess you have nothing to worry anymore and besides you can focus in trading or holding as your government stands neutral also,

Still it is a suspense but we can say that indian givernment is neutral regarding BTC.If they are not legallising it ,they are not even banning it.There is nothing to worry at all.In coming days it is hoped that BTC will be legal in India.Indian governement will surely take an important step in future because they know that BTC is having many advantages which will give many benefits to the economy to the country.

The future of bitcoin is very bright in India though the government hasn't accepted bitcoin yet. It's just a matter of time. Bitcoin will reign in India.

According to me, the future of btc will be dull in India. As per the speech of Indian Finance Minister, the use of bitcoin is not acceptable in Indian markets. So such a decision by government will definitely lead to the downfall of the currency. In India, till today , no company is accepting bitcoin and moreover there is not even a single bitcoin atm in India. So the future of btc in india is monotonous.

As far as I know India has banned cryptocurrencies or is on its way to doing so. But I think it's a very hasty decision. Bitcoin can significantly improve the economic picture of this country like any other. Therefore, it is impossible to prohibit this currency, but rather to support it.

This is a big question mark. Many investors are interested in bitcoin in India. The Indian government is considering a bitcoin operation. Hope we will have fun.

I think the future of bitcoin in India will be bright even though the government still prohibits it but in my opinion bitcoin will be accepted there. People in India must be more patient to wait for the next bitcoin development, but I'm sure if they process their bitcoin seriously they will be able to improve their economy in India.

India would benefit tremendously, especially given the amount of graft and corruption in that particular country.

as long people in India can use bitcoin 100% its okay when they should pay the tax or makes the bitcoin under government regulation, we should know that bitcoin never die even the government doesn't agree with bitcoin anymore

Being a regular visitor to India, I don't have any hope for the legalization of the digital currency there. The previous governor of the RBI was staunchly against Bitcoin. When he was replaced, I was thinking that things would get better. But his replacement seems to be even worse.

This is simply an obstacle to the development and improvement of the country by the authorities. I do not think that bitcoin technology can disrupt the state structure or somehow harm the country.

the future of bitcoin in india depends on the government's decision only a matter of agreeing or not from the government. if the government approves the use of bitcoin it will have a good effect on bitcoin in India and it will still continue for better results for bitcoin.

Here, unfortunately, there are few options. If India prohibits any functioning of cryptocurrencies and bitcoin on its territory, then the inhabitants of the country will not have a chance to take advantage of all the advantages of this technology. And I do not think that this is the right decision on the part of the authorities.

India is still trying to issue bans on Bitcoin and Crypto. Bitcoin's future depends on the extent of its influence on the government, if its influence is growing, I'm sure Bitcoin will accept by the Indian government and Bitcoin's future will grow.

I upset such state prohibitions on bitcoin. Because most often they are not justified, and I believe that the government simply acts in its own interests, because bitcoin can make the economy more transparent.

Bitcoin will not be able to get a good future in India because the Indian government bans it. Of course, the ban may be broken in the future. Wait for the development of bitcoin and how will the countries that accept bitcoin affect the government of India? To bring a brighter future for bitcoin in Ấn Độ

India is one of the big economy in south Asia. If bitcoin have become popular in India, neighboring country Bangladesh and Nepal will understand the necessity of it. So they will legalize it in their country.

In India future of bitcoin does look good. In the month of April 2018 reserve Bank of India ban bitcoin trading in India. According to RBI no bitcoin sites like zebpay, koniex, unocoin can not exchange any bitcoin with any any indian bank. According to Indian government bitcoin is not a legal trader. But you can do mining and other bitcoin related things  in India.  indian people can do signature campaign job or other bitcoin related job and they can convert their bitcoin into any other international currency by the help other sites. So according to recent data in India bitcoin has not a good future.

I think that more and more countries will accept crypto and India won't be an exception. I am waiting for the exception of btc because it is my favorite coin and i am keeping some of them

A huge number of Indian people has been adopting bitcoin for a long time they know the importance of cryptocurrency which will bring them huge profits in return. Cryptocurrency has a great future in India though its government banned bitcoin but still a decent total of people busy with cryptocurrency.

As far as I know, bitcoin and crypto exchanges are currently banned in India. At the same time, the Indian government is analyzing the practices of leading European countries with respect to regulation of crypto. I think that's a good sign, which may eventually lead to liberalization of the laws related to cryptocurrencies, thus improving the life of millions of people.

I think it will be legalized and developed in the future not only in India but also in many other countries. As the modern industry grows, the need for time is needed, and Bitcoin will tackle this problem in fast paced settlement thanks to Blockchain technology.

I don't think there's a government in the world that can stop bitcoin. China, Korea and many other countries are trying to influence the crypto world, India too. But btc will live, and the government can't do anything with him

still always think positively for bitcoin there. as long as the bitcoin lovers there still have a positive impact, bitcoin will continue to live there. But if bitcoin is misused there, the worst can happen ... !!

No, it is not just like that. It will work if there is a huge participation of the community but India isn't that civilize country and for sure people won't prioritize such investment rather than of their daily needs. People in their have its limited access on internet and it could be a big help if they have knowledge about this(crypto). 

I saw information that Indian government is considering launching its own cryptocurrency and that the executive director of the Reserve Bank of India at a recent conference stressed that the agency is not planning to consider Bitcoin as the national cryptocurrency. Officials are not sure about the reliability of Bitcoin as a currency, and reports about the use of digital coins for money laundering and terrorist financing cast a shadow on the reputation of the first cryptocurrency. Bitcoin is also viewed with suspicion because it is not regulated within the framework of the monetary policy of the government of any country, and its price is subject to considerable fluctuations. So I think everything will be limited to the launch of its cryptocurrency. And as for me, these are worthy decisions at the level of the government, while other states are not at all ready to accept cryptocurrency ...  ;)

As you know, India I=is under many that government regulate many limitation to control them significantly . However , I have strong belief that India will be a potential country in which bitcoin will develop considerately

The government also have a point to to study and be hesitant about  bitcoin, as  part of the process, in implementing, laws but I think in the end up adaptation of bitcoin is as an ultimate decision.

The government's strong hold against Bitcoin and cryptocurrency is gradually coming to an end. The citizens of India now have a great participation in cryptocurrency more than before.

If we refer to the statement made by the Minister of Finance of India, Mr. Arun Jaitley in February 2018 then, himself had time to say that the Indian government is actually only interested in the potential of blockchain technology, and the Indian government plans to proactively explore the use of blockchain technology in supporting the digital economy. I think your opinion is correct.

If the government studied about bitcoin then defintely the future of bitcoin on their country will be great. Bitcoin can help tjeir economy as long as the government provide good policies that may protect bitcoin investors. I expect that many of the people from india will not hesitate on investing in bitcoin.

Goverment wants to control bitcoin and it is understandable at some respect. Because it may be used in order to harm their economy.

as per opinions and team work i mean to say as the people of india have a big part in this digital market you can say it the future of bitcoin is very good in india and it will grow himself in the coming time their government must take some actions.

I have seen and in fact I participated in a cryptocurrency pair based in India related to the environment and the son of the best I have seen.

Like other countries, the popularity of Bitcoin in India is increasing. Now many indias people join in bitcoin and using bitcoin. Bitcoin and other cryptocurrency transction growing fast in India day by day. So I think in India bitcoin future will much better.

I do not know,they have a very difficult economic situation.The country is poor.And the population in General is on the border of complete poverty.As elsewhere, they certainly have their rich, but they are not so much and they are not very interested in cryptocurrency.Laws have them, too, very strange.I am not sure that this country will develop well in the cryptographic direction,at least for now.

Bitcoin in India the population will very helpful for the huge profit and the development increment for the Bitcoin and also Bitcoin ATMs will very helpful for the Indian people to get more attraction from cryptocurrency that's why India and China are the most population country will definitely accept cryptocurrency as their normal life

I think that as soon as China begins an active expansion in the use of cryptocurrency, then immediately India will do the same thing. Asia will move together.

It's not easy with India.While I is successful cryptobuddy.They are more likely to catch up with the rest of the country than will be in the lead.At the legislative level, they are trying to ban cryptocurrency.

I think that government will start accepting crypto there again because crypto is a great potential helper of developing economics.

a large population, but an economy that is not yet developed
I hope that the Indian government will immediately open its eyes to technological advancements in order to keep up with the times and become developed countries such as Japan, Korea, Turkey, US which are always open to the existence of technology. India is very potential, because the public's interest in cryptocurrency is very high

The future of bitcoin in India is uncertain! I am not sure but the government of India seems confusing to take a decision for cryptocurrencies! China lift ban from bitcoin, India can forget about regulations and policies and they can accept bitcoin wisely! I assume bitcoin future in India is bright! A lot of people of India is working for crypto, they did not stop it rather they will continue working for bitcoin!

I think governments can't fight crypto no matter what they do, so they might as well embrace it

If bitcoin really regulated by government, i am believe it will be good for crypto community in India. The future of bitcoin will be bright when mass adoption happen and people can spend their bitcoin in merchant.

The issue from government policy is not important now. Hashrate war, manipulation of price.. no way.

I think India in SouthAsia will be one of the world's largest number of Bitcoin users. The focus of the population and the population is equal to their potential. I also think that the day is not far away India will dominated by bitcoin in future the worl.   

Your opinion is correct that crypto is a potential helper that can develop the economy. But the Indian government sees another perspective, where bitcoin's weaknesses can be misused to damage the Indian economy, because anonymous crypto money has vulnerabilities to be used by criminals. Indeed, users in India are not punished, but access to using crypto is closed.

For my own perspective is that if ever that government of the india will set a regulation on implementing bitcoin i think it would be nice, it is very decentralized and very well known country too, I think it will be much easier to travel and buy some delicious food out there. It would be a big reveal mostly to it's neighborhood country which is the asian country.

No doubt bitcoin and other cryptocurrency have a bright future in India. India is a big country and it has a huge population so they can properly utilize bitcoin. Current government hopefully will consider the impact of cryptocurrency of their huge population and very soon will accept bitcoin.

in India there are many crimes that use bitcoin and it seems that I heard that the government of India has started banning the use of bitcoin or cryptocurrency in its country, so I conclude that in India the cryptocurrency does not have a good future.

I think the Indian government will eventually allow cryptocurrency in their country. There is this news that the government team and the judiciary are now meeting to find a common ground and resolve whatever issue that is meditating against the adoption of cryptocurrency in India. China, some days ago allows cryptocurrency to be used in their country so India will not be left out.

As central Bank of India, RBI banned All type of Crypto in the country, I guess future of Crypto in India is not bright. But I am very interested to see what they are planning about Crypto Regulation Bill, due this December.

better for the future of cryptocurrencies in India and when it is supported by their government. because they are also one of the best in the world, the more they can help with cryptocurrency. so far there are no signs that it will happen.

Bitcoin future in India depends on Government policy and what step will be taken against cryptocurrency in the coming future.The future of bitcoin will be the legal tender or not in India the proceeding is pending under the justice of law and the Government kind consideration. We hope that bitcoin future will be bright in India.

Indian officials cannot effectively regulate BTC!
Because it could not fully understand and control it, the authorities expressed a semi-denying state of the existence of cryptocurrency: "This is illegal."

I think all countries can say about Bitcoin.
For this reason, I say Bitcoin in India is appropriately dependent on the government in accepting Bitcoin as cryptocurrency illegally in India, I know India is the poorest country, with the presence of the Bitcoin, economy in India 30% improving.

Like any other countries that experiencing this bannings and regulations,india is just facing hardships but for sure when the government realizes whats they are missing here ,i think they will finally adopt and accept this community ,things that japan find many years ago and like what some European and asian countries did ,and now they are having lots of opportunities to profit and nake their economy growing

I also believe that the future of bitcoin in India will not work well because, as you say, India is really a place where there are so many criminals, there are so many rebellions and protests every year, and with such a scale, if India let bitcoin freely operate in their own country, driminals will use it to buy weapons and money laundering, which will create a real chaos. And with this danger, India has a lot of reasons to remove the bitcoin in the future, it is not suitable for India.

I agree with your statement, sometimes the government makes it difficult for us as ordinary people to freely aspire to our opinions and also develop what has been carried out by the surrounding population.

May India will not accept the bitcoin..  So we cannot accept the future in bitcoin

India has always been a very interesting place for me, although culturally they are not so liberal, their great technological advances always attract attention, I would think there was more adoption among the cryptos, but in the end the government decided to put the boot over, regrettable, could benefit in many aspects of the cryptos.

I think the future of bitcoin is deteriorating now, because prices are declining, but if in your country like in India under your government policy, of course it's better, provided the government in your country legalizes the use of bitcoin.

Bitcoin's future is very good in India. Because India is such a country. Which is just a step forward becoming a digital country. And Bitcoin is also one such digital currency.

I also feel that if Bitcoin will grow well in India but return to the Bitcoin condition. If Bitcoin gets worse then it is not impossible if the Bitcoin enthusiasts in India will decline and eventually Bitcoin will become increasingly dim in India. so the development of Bitcoin depends on Bitcoin itself.

If the Indian government approves the cryptocurrenci,    then India's future will be more brighter. It seems to be very big for the Indians, to be found. Their work on Bitcoin will increase further and then their future will be bright.

I think that the demonetisation practise done by Government has helped increased the weekly business of bitcoin trading in India. The increased trading helped push the digital currency’s value to recent highs.

I think in the future more and more people realize the value of the bitcoin

actually I don't need to think about the future of bitcoin in India, because I'm not an Indian. but if bitcoin in India is growing, the government will accept it, maybe it will have a positive impact on bitcoin users in India. there will be many parties who get benefit. although later bitcoin was regulated by the government of india, but it doesn't matter if the user is still profitable.

In my opinion. the future of the currency in the country will continue to grow even though the government has banned the use of the currency, because so far many countries have banned the use of crypto currencies, but this currency continues to grow throughout the country. the development of this currency depends on the technology that has developed in the country.

In fact, people are worrying that bitcoin may be banned in India in the future.

What is most concerning about this is that they are taking a lot of time in framing the rules or giving the final verdict.  It not only affects the users but also the exchnages operating in India.  A lot of people we're employed in these exchanges and with reduced business,  they might have to lay off most of the employees.

no we arent worrying even if bitcoin and all of the cryptos will be banned forever in india .  indian country isnt a huge country and this country isnt wealthy at all compared to any other countries but still india can somehow contribute on the recovery of cryptos if ever they wont restrict the use of it .


yes thats true , people will only realize it when it is already too late  but that is still better than not trying at all .   adoption is really the key to help bitcoin to to get out of its comfort zone  .

if do not forbid and will not begin to build barriers to its development, then the future promising in India. It is the country which has big talents and professionals.

It will depend on the regulation being set by your government. Here in our country which cryptocurrency was also been regulated found out no problem with it. In fact it could be more encouraging for the community to invest on cryptocurrency. I know that regulation can be one of the key to let cryptocurrency grow more.

Recently, One of India's largest cryptocurrency exchange moved to Malta due to tight regulation for cryptocurrencies in India. The Reserve Bank of India and Indian Government has shown no interest in cryptocurrency and Bitcoin since the beginning. All we can do is wait and watch for the next hearing upon the counsel court which is going to be listed on the 15th January 2019 about the regulation of cryptocurrency in India.

a revolution that is slowly paving towards a connected world, that is bitcoin/blockchain technology. it has brought innovation and new opportunities across the world in different sectors so, it not now but later India has to accept bitcoin/cryptocurrencies...

I think the future of bitcoin in India is extinct because it is not needed and does not develop anymore and it would be better to donate in another country or country of Indonesia

india the people they dont know about bitcoin....people have to update

i hope in future India will accept the bitcoin and to utilize the forward technology investing their money.

i think in future India will accept the bitcoin for economical development of the country. 

I think India is not the only country facing these issues of ban and other restrictions to cryptocurrency use. I don't blame their government as well because crypto is very risky and for that reason, if they don't make regulations to prevent this, their countrymen will lose a lot in future and blame their governments. Many people also believe that crypto will destroy most countries' economy.

It will be said unfortunately that there is a restriction on crypto currency in India. Because of the Bharat leaders, the ignorance of the government and the ignorance of crypto are also due to this. If the condition is the same then the future of crypto is in darkness in India. And if India adoped the form of crypto and if people of the people become aware of crypto, then there is no doubt that the future of crypto will be golden in India.

Time will come leaders in politics will recognize the importance of crypto in a small community. I guess they study how it works and how does affects in business industry it will regulate in future they will realize the function that can help many people.i think india will be the one of example to build a crypto in the near future.

The first thing comes into my mind is bitcoin banned in india? Well i think if they open it up for the cryotocurrency in their country maybe it could give advantage and good future for bitcoin and cryptocurrency industry.

India has banned crypto currencies or is on its way to doing so. But I think it's a very hasty decision. Bitcoin can significantly improve the economic picture of this country like any other. It is impossible to prohibit this currency, but rather to support it.

India is a developing country with a huge amount of unemployment. I also thought why did their government do that?
whereas if bitcoin grows freely it can be a problem solver for the problem of poverty and the lack of jobs

yes, it will happen one day as if now I don't see any possibility but I believe they will come up with regulation soon.

Though the population in India is huge not many people could aford investing in cripto. Hardly the future is bright at least the nearest

Future of bitcoin in whole world is very bright whether it is using in india or any another country. But population of country also effect the use bitcoin quantity and population of india is very high and it can become the big use of bitcoin but people of the india have to aware the bitcoin first.

Bitcoin's future in India will be golden. Because bitcoin is a digital coin. And the coming era is the digital age. In which Bitcoin will play a special role. In the coming time, the Government of India will make Bitcoin completely independent.

Bitcoin is banned in india due to the bad effects of it and the bad news about of it. Well, in the reality

Now Indian government very positive regarding Bitcoin or other Cryptocurrency. But this is neutral feedback i think.
The bank has not accepted yet.

In last 2 year there is always news about India's bitcoin and cryptocurrency situation. The people of India thinks that the ban can happen in any day so they are afraid to invest in cryptı moneys. But still there is nothing certain. There are like 1 billion people lives in India and if goverment could clear the path the bitcoin and cryptocurrency market will be better with them, hope they can do..

You're saying that if Indian government accept bitcoin then this will be the start to light up the south Asia to start accept bitcoin? I think it was really hard for other country to accept bitcoin since they can't never manipulate it that's why many governments doesnt recognize. Bug it is good for India if they don't ban it.

So far, India is quite negative towards bitcoin. But the global trend is aimed at improving the opinion about bitcoin, so it is possible that India will change its skepticism towards cryptocurrency and will allow it on its territory.

The current situation is definitely unlucky in India, but I think the current government won't stay there forever and a new man will come who will change the situation as about crypto as about whole the country and modernization will reach every corner of the country.

We all know that India is a poor country, sorry for the word, but all of us have a right to use cryptocurrency. So definitely, cryptos can help the India to have a better life and it can help the indian people to have a better way of living.

India as a third world country will take a long time to accept bitcoin and other technological innovations, as their level of development does not allow to fully understand all the advantages and privileges of this system. The government will suppress as much as possible any possibility of free circulation of money on its territory until such time as it is no longer possible to control it.

Well as for my perspective the government of india was making a regulation regarding bitcoin policy for me it's a great opportunity not just for us but for the bitcoin industry. I think it would open a lot of opportunity mostly likely the tourist it would be a better income in short a better , faster reliable country.

I hope in future India will accept the bitcoin and utilize the technology.

India is one of the populated countries in the world. It is very important country in the financial sectors especially digital currencies. Crores of people are involve in Bitcoin or digital currencies. So, India will be crucial in Bitcoin growth in the future if Indian Government will be flexible on Bitcoin.

Even if Bitcoin is not banned there, it will be not widely used. Do not forget that Indians are mostly very poor people. They will hardly risk their money to invest it in BTC. Only a few guys, rich ones, will join the crypto market.

Sooner or later, the states that impose a ban on Bitcoin and cryptocurrency will still have to decide on the implementation of cryptocurrency in payment systems, this is a matter of time

india is a populated country and an advanced country so i think sooner or later in india bitcoin will be legalize bcz india will not want to lose bitcoin.

I am from Bangladesh. As a neighbor country i know that the current government is very conscious about BTC and crypto. Some of the bank set up ATM for BTC. This is a very good news. I hope the government will fully legalized BTC in future.

I don't follow the news about cryptocurrencies in India too much, but I'm sure the future of cryptocurrencies in India will be the same as my country which will be very beautiful. India and also my country are developing countries, so the mindset and system are still far behind developed countries...

i dont know about the government in india, i just know that there are many traders, investors that located in India. if bitcoin in india is legal i think it will give a good news for all bitcoin user in the world. but if it become illegal,m i think it will make the bad news for all bitcoin user in the world

the Indian government must have started analyzing bitcoin, they think about the profit and loss if the state legalizes bitcoin, but we can predict that not too long the Indian government will facilitate the krypto traders, see a very fast world trade and crypto progress that cannot be prevented, then the Indian government must follow the flow of reform in the payment system, and must begin to open up to crypto.

Those in India may need to leave the country and make investments offshore in places like Dubai (https://www.smartbitcoininvestments.com/buy-bitcoin-in-dubai/) or the United Kingdom. Even though it is somewhat restricted I think India can make great strides in improving its usage around the world.

I' hope no have anyone people want to stop buy/sale Bitcoin ( degital crypto) but we know many countries government do not accepted Bitcoin. Actually I can't understand fully why there countries government want to stop. I think maybe bank support statement problems and government people can not contorl of the bitcoin.maybe I'm not sure about think..

Right now hearing is delayed (again!) to jan 15, 2019. We can expect more delays and I assume they will take negative stance.

Future of bitcoin in india very bright because alot of bitcoin users and investors are there whom are much working and making more ways of earning in this platform if the government gave him a free hand than must br higher.

This is kinda sad, especially for the Indians that are looking forward to fully engage in cryptocurrencies since the Government would finally take their final decision, but the problem is that the hearing is always being moved to another date, though I wish they would realize that having BTC in their country is a big help, India is a country that people are heavily relying on technology and I think that with Bitcoin being introduced there then the citizens of India would also take this as an advantage since they are very good at handling technology.

Sad to see what happened in India today, seeing that bitcoin was widely adopted there but eventually the government banned it. Just hope the government will review this bitcoin so that it can be used again reliably.