Bitcoin Forum
June 15, 2024, 04:32:37 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 [24] 25 26 »
  Print  
Author Topic: Bitcoin finally legal in India  (Read 9453 times)
Aleth
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
May 23, 2018, 09:49:23 AM
 #461

Thats good news, i wonder if when will bitcoin be legalized in other countries. But this news make it positive thing about bitcoin penetration to countries.
reverseflash
Full Member
***
Offline Offline

Activity: 518
Merit: 100



View Profile
May 23, 2018, 11:18:18 AM
 #462

In India have probably quickly thought that it is better to resolve and receive a part of profit at the expense of taxes, than not to receive at all anything.
Polly.Nochka
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
May 23, 2018, 11:55:04 AM
 #463

Hindus, of course, are good comrades! I always respected their culture, but, unfortunately, they have everything except money!) And when they finally had the opportunity to develop in the financial sphere, at the expense of the cryptocurrency, it's really cool! I'm always happy to participate in Indian ICO, because I'm sure of these guys!
Afobaje48
Newbie
*
Offline Offline

Activity: 66
Merit: 0


View Profile
May 23, 2018, 12:12:11 PM
 #464

I wish other countries should follow this step by legalizing bitcoin
yarozaqu
Newbie
*
Offline Offline

Activity: 31
Merit: 0


View Profile
May 23, 2018, 12:22:05 PM
 #465

"Suddenly, Bitcoin to Be Officially Legal in India"
posted Jule 20, 2017
https://cointelegraph.com/news/suddenly-bitcoin-to-be-officially-legal-in-india

Bitcoin exchanges in India have been able to operate but they have been self-regulating using strict Know Your Customer and Anti Money Laundering measures https://veratad.com/solutions/identity-verification/ in place. These areas will now fall under government regulation.

Funny side note--a member of the parliament in India likened Bitcoin to a Ponzi scheme as recently as March of this year. Pretty wild.
"In a letter to the Finance Ministry and the Reserve Bank of India, Somaiya explained that Bitcoin is a pyramid Ponzi-type scheme. However, Somaiya was criticized for his inability to understand the structural and fundamental difference between a Ponzi scheme and Bitcoin."




It is a good news.  I wish all countries of the world will accept and legalize bitcoin.
greg0rioo
Newbie
*
Offline Offline

Activity: 134
Merit: 0


View Profile
May 23, 2018, 03:27:01 PM
 #466

India's economy is growing rapidly, maybe that's why India is receiving bitcoin.India seems to be preparing itself for the future where digital currency will be the center of the exchange rate on every transaction.

But in the fear of many Indian society is still in a state of poor, whether his government can introduce bitcoin to the entire community.
warning_btc
Member
**
Offline Offline

Activity: 378
Merit: 11

Decentralized Digital Billboards


View Profile
May 23, 2018, 03:28:28 PM
 #467

I am predict the future when say what the this bans temporary.
really good news for Indians, i think now there we have many blockchains developers

ShiroThe5th
Member
**
Offline Offline

Activity: 168
Merit: 10


View Profile
May 23, 2018, 03:29:28 PM
 #468

This is a good news. If the people of India do not do any criminal acts in bitcoin, there is no harm in the country. Anyway validity is a good thing. Bitcoin will improve. The people of India will be interested in using Bitcoin. So they will not have poverty. People will be able to interact and deal with each other with the help of Bitcoin
main320
Newbie
*
Offline Offline

Activity: 252
Merit: 0


View Profile
May 23, 2018, 03:31:48 PM
 #469

In any case, plenty of things ought to be finished with respect to this issue. The Indian government is still in a meditative inclination regarding permitting Bitcoin as a legitimate money, they are exceptionally mindful of their capital market since they have a rising economy. they are taking a general undertaking on this issue. Ideally, they will give a positive flag soon with respect to Bitcoin.
Liternyy
Member
**
Offline Offline

Activity: 238
Merit: 11


View Profile
May 23, 2018, 03:36:56 PM
 #470

Despite the negative attitude of some politicians, the Indian government came to a decision about market regulation and to ensure equal conditions for Bitcoin exchanges, which allocated a significant amount of resources for the standardization of the market and industry.
Sihab76
Full Member
***
Offline Offline

Activity: 1302
Merit: 100


View Profile
May 23, 2018, 03:37:29 PM
 #471

Very gladly news because india my nearest country. in  India bitcoin legal and their banks accept bitcoin as their trading phenomena. Nearest countries will be benefited if india accept it legally.
lukas52
Newbie
*
Offline Offline

Activity: 71
Merit: 0


View Profile
May 23, 2018, 03:41:08 PM
 #472

That's great with the population of India if everyone actually starts do research about crypto world it wont take too long for other countries to recognize Bitcoin. I feel like Overall India is just a huge advantage for Bitcoin.
bkrobottc1
Newbie
*
Offline Offline

Activity: 183
Merit: 0


View Profile
May 23, 2018, 04:00:03 PM
 #473

Good news. I am in Viet Nam and it still be illegal. May be goverment is research policy around control bitcoin. Hope Bitcoin will be legal soon in my country.
btccoffee
Sr. Member
****
Offline Offline

Activity: 516
Merit: 250


kingcasino.io


View Profile
May 23, 2018, 04:06:33 PM
 #474

I heard that they finaly legalise bitcoin in india but in exchange for that is the owner or investors will pay the annormous taxes up to 18% in your profit i think that was too much high when it come to the regular taxes.


                                          ██
                                        ████
                                        ██████        ██
                                    ████████      ████    █████
                        ████      ██████        ███        ███
                        ████        ██████████████████
                ███      ████████████████████████
          ██████      ███████████████████████
                █████████████████████████████
                    ███████████████████████████
                      ███████████████████████████
                      ████████████████████    █████
                      █████████████████████    ██████
                      █████████████████████    ███████
                    ████  ██████████████                      ██
                  ███  ██████████████          ██████       █
            ████      ███        ███████
        ████          ██  ████████████                                 █████
    ████████      ██  ████  ████  ██                         ████████
█████████  ████████    ████████                   ███            ███
    ██████    ██████        ██  █████       █████████
    ██████  ██████    ██  █  ████████████████████         ███
    ██  ███  █████    ██      ██████████████████     ████████
    █  ████  ████    ███      █████████████████     ████
      ██  ██  ████  █████    ██████████████████
      ██████  ███  ██████  ████████████████████                █
      ███  ██    ██  ██████      ███    ██████████████████████
      ███████    ██  ██████      ███      ████████████████████
      █████                ███████            ██  ████████████████
      ███████    ██      ████████          ██      ████████████
      ████████████    ██████████    ████    ██████    ██
        ██████████████    ███████████████    █████    █
        ███████████████████████████████    ███
          ███████████████████████████████  ██
            ███  ██████████████████████████  █
              ██      █████    █████████████████
                            █████            ██████████
                                                        ███████
                                                            ████
                                                              ██
                                                              ██
KingCasino


















Powered by,
Kophit2
Newbie
*
Offline Offline

Activity: 24
Merit: 0


View Profile
May 23, 2018, 04:09:09 PM
 #475

"Suddenly, Bitcoin to Be Officially Legal in India"
posted Jule 20, 2017
https://cointelegraph.com/news/suddenly-bitcoin-to-be-officially-legal-in-india

Bitcoin exchanges in India have been able to operate but they have been self-regulating using strict Know Your Customer and Anti Money Laundering measures https://veratad.com/solutions/identity-verification/ in place. These areas will now fall under government regulation.

Funny side note--a member of the parliament in India likened Bitcoin to a Ponzi scheme as recently as March of this year. Pretty wild.
"In a letter to the Finance Ministry and the Reserve Bank of India, Somaiya explained that Bitcoin is a pyramid Ponzi-type scheme. However, Somaiya was criticized for his inability to understand the structural and fundamental difference between a Ponzi scheme and Bitcoin."



very good news, maybe this will affect the red day we face.
Syakbrown
Jr. Member
*
Offline Offline

Activity: 354
Merit: 1


View Profile
May 23, 2018, 04:30:15 PM
 #476

this is good news, since all nations initially thought bitcoin did not have a positive side because they judged a market share that could change drastically uncontrollably, but all that was refuted. we hope other countries follow the steps of the Indian state in terms of legalizing bitcoin.
Best Dreams
Full Member
***
Offline Offline

Activity: 1008
Merit: 101


View Profile
May 23, 2018, 06:51:53 PM
 #477

Bitcoin finally got legal validity in India. It was all of us hoping that the use of Bitcoin will soon be valid in India. As a result of this I will have an impact on the price of Bitcoin. I believe that all the countries which prohibit the use of it, will re-legitimize it again. Thus Bitcoin will be the world's main currency and its use will continue worldwide.

I think it is true as some rumors are saying bitcoin is announced as legal currency in India and it can be true as a few months ago I have heard about it that India is in list to make bitcoin legal so I think finally they act upon what they said long ago and to be honest Indian popularity is earning good amount of income from bitcoin every months their economy has boost enough since last year only with bitcoin so it will be good if they finally adopt bitcoin as legal currency.
jefrihunter
Full Member
***
Offline Offline

Activity: 225
Merit: 100



View Profile
May 23, 2018, 06:57:42 PM
 #478

WOW.. i think this a good development in cryptocurrencies world for indian adoption of bitcoin taking into consideration the population of india and being a country where technology is getting rooted and this is be the good news for us bitcoin community,They began to invest and if the number of people will increase, especially those bitcoin investors, then this would be a very great news to all of us considering the fact that we will have the big chance to fulfill our dreams

cokkapaga
Legendary
*
Offline Offline

Activity: 867
Merit: 1000



View Profile WWW
May 23, 2018, 08:26:09 PM
 #479

This is a great news, if bitcoin has been already legal in india countries
Bitcoin will be great in everytime and many of countries is allowed of bitcoin to transaction.

▄▄▄████████▄▄▄
▄▄██████████████████▄▄
▄███████████▀▀███████████▄
▄███████████▀    ▀███████████▄
███████████▀        ▀█    ██████
██████████▀                ███████
█████████▀      ▄██▄        ████████
▄███████▀      ▄█▀  ▀█▄      ▀███████▄
██████▀      ▄█▀      ▀█▄      ▀██████
█████▄     ▄█▀    ▄ ▄   ▀█▄     ▄█████
███████▄ ▄█▀    ██████    ▀█▄ ▄███████
█████████▀       █   ██     ▀█████████
▀████████        █████       ████████▀
████████        █   ██      ████████
███████       ██████       ███████
██████         ▀ ▀        ██████
▀████                    ████▀
▀████████████████████████▀
▀▀██████████████████▀▀
▀▀▀████████▀▀▀
 
Alt.Estate
 
█████
█████
█████


█████
█████
█████


█████
█████
█████


█████
█████
█████
   
█████
█████
█████


█████
█████
█████


█████
█████
█████


█████
█████
█████
   
█████
█████
█████


█████
█████
█████


█████
█████
█████


█████
█████
█████
  TELEGRAM
MEDIUM
TWITTER
FACEBOOK
Antonina
Jr. Member
*
Offline Offline

Activity: 280
Merit: 1


View Profile
May 23, 2018, 08:30:11 PM
 #480

Legalization is always good. People can open a business associated with bitkoyanami, without fear, and use it the same way. Of course, even in an "illegal" situation no one can prevent you from sending a bit to another person and not stopping the other person to view these bits as "money".
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 [24] 25 26 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!