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Author Topic: India may ban Bitcoin  (Read 24853 times)
rtwfwfwe
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January 11, 2018, 08:47:12 PM
 #121

 Cool Cool It would be good , atleast people who have no idea what they are doing , It'll stop their unnecessary hype
taked
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January 11, 2018, 10:44:49 PM
 #122

Please stop this FUD, India will not ban bitcoin.
mechmax
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January 12, 2018, 06:59:04 AM
 #123

Ban Bitcoin !!! Every Government on earth wants to do this since Initial days of Bitcoin popularity, But its beauty of the code and community like us that they know they will not succeed. Do not fear and Enjoy !!!
djbabu
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January 12, 2018, 10:00:09 AM
Last edit: January 12, 2018, 10:15:41 AM by djbabu
 #124

Hi,

https://navbharattimes.indiatimes.com/business/business-news/mukesh-ambani-might-be-planning-his-own-cryptocurrency-jio-coin/articleshow/62469848.cms

https://navbharattimes.indiatimes.com/business/business-news/bitcoins-not-legal-tender-in-india-reiterates-jaitley/articleshow/62338102.cms

Pls share your views on this ?

and Why South Korea bans Bit coin ?

Thanks
rtwfwfwe
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January 12, 2018, 10:57:08 AM
 #125


till few days ago arun jetly was saying bitcion is fake ponzi scheme , now since his boss ambani will start their cryptocurrency suddenly it will be symbol of digital India  , blah blah !!! Feku Govt, Disgusting govt
~Money~
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January 12, 2018, 03:56:12 PM
 #126


till few days ago arun jetly was saying bitcion is fake ponzi scheme , now since his boss ambani will start their cryptocurrency suddenly it will be symbol of digital India  , blah blah !!! Feku Govt, Disgusting govt

infect if big giants come and play a role in crypto then every chance we may see bitcoin as legal tender or smth else which allows us to continue crypto world..
rtwfwfwe
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January 12, 2018, 07:34:03 PM
 #127


till few days ago arun jetly was saying bitcion is fake ponzi scheme , now since his boss ambani will start their cryptocurrency suddenly it will be symbol of digital India  , blah blah !!! Feku Govt, Disgusting govt

infect if big giants come and play a role in crypto then every chance we may see bitcoin as legal tender or smth else which allows us to continue crypto world..
+-
if they legalize it  ban it or do whatever they want ; but people who were using it , will still continue using it
krishnaverma
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January 13, 2018, 12:52:07 PM
 #128

Just declaring that it is illegal will not help. They will have to close down all exchanges and also stop people from buying from exchanges from outside the country.
gopaljiverma
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January 13, 2018, 05:40:27 PM
 #129

That will be a big blow to the people in India who had invested in bitcoins. I know a lot of friends who are still thinking to enter this field but I guess they are late now.
shailkumari
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January 14, 2018, 01:13:31 PM
 #130

This will be hard to implement practically. If they make transactions illegal, people will ask their friends outside India to buy and send them the money.
sarojan9980
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January 14, 2018, 03:05:12 PM
 #131

I think bitcoin will never ban because it is digital currency and it adopted by so many people's bitcoin is very important. And now one team is trying to make bitcoin as legal. It may legalized then it's very good news for us.

djbabu
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January 16, 2018, 10:00:46 AM
 #132


till few days ago arun jetly was saying bitcion is fake ponzi scheme , now since his boss ambani will start their cryptocurrency suddenly it will be symbol of digital India  , blah blah !!! Feku Govt, Disgusting govt

infect if big giants come and play a role in crypto then every chance we may see bitcoin as legal tender or smth else which allows us to continue crypto world..

They are starting new coin , means they will be rival for bitcoin and like what happen with videocon , reliance , idea, airtel will happen to bitcoin

I am expecting good debate on this here but no.

can anyone tell why bitcoin rates are declining then ?

https://www.express.co.uk/finance/city/905222/bitcoin-price-news-latest-manipulation-cryptocurrency-surge-plummet-stock-exchange

Newbies pls dont post a useless reply to increase post counts.

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djbabu
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January 16, 2018, 10:03:19 AM
 #133

I think bitcoin will never ban because it is digital currency and it adopted by so many people's bitcoin is very important. And now one team is trying to make bitcoin as legal. It may legalized then it's very good news for us.

In 2008 paypal started to ask for pan , then freelancers are not allow to hold money in paypal more then a week due to this reason and 1 to 2 millions freelancer get affected by this and paypal froze the accounts , they already done it they will do it like notebandi people died in lines.

katica2020
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January 16, 2018, 03:40:08 PM
 #134

I think bitcoin will never ban because it is digital currency and it adopted by so many people's bitcoin is very important. And now one team is trying to make bitcoin as legal. It may legalized then it's very good news for us.
Nope there is no news like they are making BTC legal in India, and more on that they are trying to put a tax for bitcoin users this year. if everything went fine they will charge 30% tax on bitcoin users. This is not good for BTC users.
KwizatzHaderach
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January 16, 2018, 03:46:19 PM
 #135

India seems to be pushing to tax BTC to have more control over it in their country.
Still, with many people still unbanked, BTC is a great way to exchange value in the impoverished areas of the world.

djbabu
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January 17, 2018, 05:14:03 AM
Last edit: January 17, 2018, 05:26:24 AM by djbabu
 #136

India seems to be pushing to tax BTC to have more control over it in their country.
Still, with many people still unbanked, BTC is a great way to exchange value in the impoverished areas of the world.

Unbanked people will use ambani's coin not bitcoin

Bitcoin cant be taxed if you hold bitcoin but you havn't used any exchange then how they will identify ?

Also if bitcoin is taxed then its against its core values then what will be its use ?

some more news

http://www.moneycontrol.com/news/business/cryptocurrency/biting-bitcoin-rs-1-lakh-invested-in-bitcoin-a-month-ago-is-now-worth-just-rs-62000-2484445.html

Thanks

djbabu
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January 19, 2018, 06:54:11 AM
 #137

I am absolutely sure that the Indian Government will not ban or block the Crytocurrency! I found an article from one of the best Bitcoin exchanges in India- https://blogs.thebitfort.com/indian-govt-to-trial-blockchain-verification-25f33ddaa7a2

For buying and selling of Bitcoin download the BitFort App;

For Android: https://play.google.com/store/apps/details?id=com.cryptomining.bitcoin

For IOS: https://itunes.apple.com/us/app/bitfort/id1329678083?mt=8

Blockchain and bit coin is different entity , Blockchain is legal every where bitcoin have the issues

So Before reply to bitcoin leave blockchain news , Bitcoin is going to be banned or not supported by gov which leads to death.

Latest news with zebpay , now zeb with new upgraded app stopped purchasing and selling , now only user can trade between them .

Any zebpay user express your views of the starting of bitcoin death in india ?

Thanks


btcrocks
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January 19, 2018, 09:47:13 AM
 #138

I am absolutely sure that the Indian Government will not ban or block the Crytocurrency! I found an article from one of the best Bitcoin exchanges in India- https://blogs.thebitfort.com/indian-govt-to-trial-blockchain-verification-25f33ddaa7a2

For buying and selling of Bitcoin download the BitFort App;

For Android: https://play.google.com/store/apps/details?id=com.cryptomining.bitcoin

For IOS: https://itunes.apple.com/us/app/bitfort/id1329678083?mt=8

Blockchain and bit coin is different entity , Blockchain is legal every where bitcoin have the issues

So Before reply to bitcoin leave blockchain news , Bitcoin is going to be banned or not supported by gov which leads to death.

Latest news with zebpay , now zeb with new upgraded app stopped purchasing and selling , now only user can trade between them .

Any zebpay user express your views of the starting of bitcoin death in india ?

Thanks




Zebpay was a broker earlier and now turned into an exchange where users can set their own buy/sell rates.Don't spread rumors of bitcoin being banned in India.
zKingRideRz
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January 20, 2018, 07:48:24 AM
 #139


Nishith Desai Associates is India’s leading international law firm
djbabu
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January 20, 2018, 09:03:11 AM
 #140

I am absolutely sure that the Indian Government will not ban or block the Crytocurrency! I found an article from one of the best Bitcoin exchanges in India- https://blogs.thebitfort.com/indian-govt-to-trial-blockchain-verification-25f33ddaa7a2

For buying and selling of Bitcoin download the BitFort App;

For Android: https://play.google.com/store/apps/details?id=com.cryptomining.bitcoin

For IOS: https://itunes.apple.com/us/app/bitfort/id1329678083?mt=8

Blockchain and bit coin is different entity , Blockchain is legal every where bitcoin have the issues

So Before reply to bitcoin leave blockchain news , Bitcoin is going to be banned or not supported by gov which leads to death.

Latest news with zebpay , now zeb with new upgraded app stopped purchasing and selling , now only user can trade between them .

Any zebpay user express your views of the starting of bitcoin death in india ?

Thanks




Zebpay was a broker earlier and now turned into an exchange where users can set their own buy/sell rates.Don't spread rumors of bitcoin being banned in India.

Zebpay is exchange from starting show me where they siad we are broker Huh

This is not a rumor as as responsible company they should inform there user for this major change ,

Its not rumor . zebpay may be going to be bankrupt due to high decline in recent days that y they done it without informing the user

now what i do with my bitcoins no one is purchasing it ??

I cant even buy a samosha with bitcoin.

 a simple question for my wedding i ordered zebpay caterer to give 100 samosha and zebpay come and say no we are not caterer we are just broker and now we dont have samsho take kachori instead of it ?

Now tell me the legal action i can take against the zebpay else this is no rumor zebpay is going down or doing fishy

Thanks

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