India may ban bitcoin in 2018

[Insomnia family]

There is a news that may be India will ban bitcoin in 2018. Make your guess will India really ban it or not?
News article link
https://qz.com/1121363/no-bitcoins-for-payments-and-settlements-says-the-reserve-bank-of-india/

Well that's not a ban, the same as the rules made by the central bank of my country, in my country also prohibit the use of Bitcoin as a means of payment to buy goods, because the purchase must use the State currency so if we have a coin must be in exchange first with the currency new paper can be used shopping. That's what I catch on seeing the article above. Sorry if I think wrong.
Moreover, India has many who use blockchain technology. I'm sure there will be no restrictions on India.

[bitcoinfuck]

There is a news that may be India will ban bitcoin in 2018. Make your guess will India really ban it or not?
News article link
https://qz.com/1121363/no-bitcoins-for-payments-and-settlements-says-the-reserve-bank-of-india/

no one can ban bitcoin, max they can do is stopping us from buying bitcoin with rupees

[kalawang]

There is a news that may be India will ban bitcoin in 2018. Make your guess will India really ban it or not?
News article link
https://qz.com/1121363/no-bitcoins-for-payments-and-settlements-says-the-reserve-bank-of-india/

So what? Theres a lot of country willing to use and legalized this so we dont need to worried about that bitcoin is strong crypto so i think some goverment banned this and they will regret someday because bitcoin will replace all.

[maman09]

There is a news that may be India will ban bitcoin in 2018. Make your guess will India really ban it or not?
News article link
https://qz.com/1121363/no-bitcoins-for-payments-and-settlements-says-the-reserve-bank-of-india/

if the news is true, I dont care, I am not an India. I dont think it's very influential even though they'll ban it. china alone does not work, especially with india. I think the India government has taken the wrong step for a decent level of living in its community.

[fiulpro]

There really aren't many issues that the Indian government are putting into the light regarding bitcoins also there is a major market of bitcoins in India.

Had bitcoins Being close to getting banned then...there won't have been other cryptocurrencies being launched here..

I don't think..there is any statment other than the ones that the economic department of country made back in 2014, but its 2017 now and ... There isn't anything in the news like that thats linked directly with the government.

[Ariess]

There is a news that may be India will ban bitcoin in 2018. Make your guess will India really ban it or not?
News article link
https://qz.com/1121363/no-bitcoins-for-payments-and-settlements-says-the-reserve-bank-of-india/

very unfortunate if the policy is true. I think if the India government keeps it going there will be many India who can live more independently. that's the positive side of bitcoin.

[dewi91]

I think that's just a rumor.. I never hear the government of India Will banned bitcoin.. they are not legalize bitcoin yet but the government never declare to prohibit Investment in bitcoin.. many rumors about bitcoin banned but we can't trust all the rumors..

[Shipon123]

I think Its fake news.

[Btcvilla]

There is a news that may be India will ban bitcoin in 2018. Make your guess will India really ban it or not?
News article link
https://qz.com/1121363/no-bitcoins-for-payments-and-settlements-says-the-reserve-bank-of-india/

who feel loss is not me, not you are the losers are the people of India. however bitcoin still prevails without the country of India, china, korea. just look at what's happening to bitcoin now without the involvement of some countries that forbid it.

[robotrobert]

Do you have a link to this news you are talking about? If there is none then this is not yet a news. It can be classified as rumors or just speculation. India can ban bitcoin just in their country. It won't be able to ban bitcoin in general. China tried to ban bitcoin but look at what happened, ends up regulating it. There is nothing wrong with bitcoin, government may say that bitcoin is used for illegal activities well so as the traditional currency. Point is, it is not possible to ban bitcoin or it may be possible but that is to ban internet usage on the country.

No I don’t agree with this because bitcoin is now legal in India and it’s not easy for any country to make something legal it take a time and I think after a long thinking India took this decision so I think India is one of the big country in world with high population so they will not ban bitcoin I think they will support bitcoin because still in India there is a poverty.

India will not ban this coin they adopted this coin for sake of economic stability and still they don’t achieved their milestone and secondly bitcoin is the leading way toward the development and progress and as India is still underdeveloped country this decision will surely effects it economy and the business also so I think that they will keep doing in btc because they know that btc will lead them to development.

[batang_bitcoin]

I think that's just a rumor.. I never hear the government of India Will banned bitcoin.. they are not legalize bitcoin yet but the government never declare to prohibit Investment in bitcoin.. many rumors about bitcoin banned but we can't trust all the rumors..

It's just a rumor and haven't seen this type of news to a reliable crypto news website. This is the first time I saw that India may ban bitcoin, they are the sleeping giant and if ever this happens a lot of investors will be gone. I know that there are a lot of Indians that are now in cryto and they even made an Indian base cryptocurrency but it didn't went into the mainstream but I don't know on how it is going.

[Legendari]

I think the ban of bitcoin this is a very stupid move. Hardly the government of India will do it.

[peter1]

Bitcoin banned in India, I think the impact of bitcoin globalization is not significant, because India has not held a lot of bitcoin and not a lot of trading volume, but may start from India and China after the ban on bitcoin, other countries also Follow suit.

[Samueltalk]

I think this is not true news just decrease the bitcoin population, it is unlikely India will ban bitcoin in 2018.

[kakoli akter jhumu]

I don't know...this is true or not but if the country's government ban bitcoin like Bangladesh the vast number of people who are engaged with bitcoin will be at a stake!!!