"Bitcoin annonced as illegal in india" not TRUE

[crypto440]

Hey Guyz,
So finally indian Govt. announced bitcoin as illegal currency. And they will take action against individuals who will invest in it.

So what should Indians do at this time?
Should they sell their cypto before its too late, or wait if future hold something good for them.

Or if they donot sell then will it be safe to do transaction or use exchanges in india?

Or is there any alternate way to sell crypto without attracting Govt attention?


REF-:

https://qz.com/1195316/budget-2018-busts-bitcoin-arun-jaitley-has-just-killed-indias-cryptocurrency-party/

https://economictimes.indiatimes.com/news/economy/policy/arun-jaitley-settles-the-bitcoin-issue-for-once-and-all/articleshow/62737852.cms

http://www.livemint.com/Politics/xmBDOdP2H2hbXH7eV1VTqL/Budget-2018-Crypto-currencies-illegal-will-eliminate-their.html

https://www.hindustantimes.com/india-news/union-budget-2018-bitcoin-other-cryptocurrencies-not-legal-govt-to-eliminate-their-use/story-MrpXhzzrc9HwNxItWuGw3L.html

http://www.india.com/news/india/union-budget-2018-19-bitcoin-crypto-currencies-illegal-government-to-eliminate-its-use-says-arun-jaitley-2873185/


Hey Guyz,

There was a lot of drama After budget declaration in india that crypto is illegal in india from now on.

But after checking the statements made by indian FC, I can say that maybe Bitcoin trading is not illegal in india.

Sorry for all the mis-understanding.


                                                                                                Trade btc with no FEAR

great again the countries is getting in the way of it's own development

[brokkoly]

Let’s think about what is happening, if cryptocurrencies were to drop to zero, which is the primary fear of a person who is in the 'panic-selling' mode, then the blockchain technology won’t take off. Even a country like India who recently said they want to stop 'illegal activities' wants to explore the blockchain technology. The only lesson history teaches us is, buy when it dips, sell when it peaks

[Neuron76]

Let’s think about what is happening, if cryptocurrencies were to drop to zero, which is the primary fear of a person who is in the 'panic-selling' mode, then the blockchain technology won’t take off. Even a country like India who recently said they want to stop 'illegal activities' wants to explore the blockchain technology. The only lesson history teaches us is, buy when it dips, sell when it peaks

There are enough 'panic-selling' mode people to drop the market. They hear smthng in the news and sell immediately, controlled by their fear of losing the money
However, that's a good opportunity for those who know what they are doing.

[kingcoiner001]

Hey Guyz,
So finally indian Govt. announced bitcoin as illegal currency. And they will take action against individuals who will invest in it.

So what should Indians do at this time?
Should they sell their cypto before its too late, or wait if future hold something good for them.

Or if they donot sell then will it be safe to do transaction or use exchanges in india?

Or is there any alternate way to sell crypto without attracting Govt attention?


REF-:

https://qz.com/1195316/budget-2018-busts-bitcoin-arun-jaitley-has-just-killed-indias-cryptocurrency-party/

https://economictimes.indiatimes.com/news/economy/policy/arun-jaitley-settles-the-bitcoin-issue-for-once-and-all/articleshow/62737852.cms

http://www.livemint.com/Politics/xmBDOdP2H2hbXH7eV1VTqL/Budget-2018-Crypto-currencies-illegal-will-eliminate-their.html

https://www.hindustantimes.com/india-news/union-budget-2018-bitcoin-other-cryptocurrencies-not-legal-govt-to-eliminate-their-use/story-MrpXhzzrc9HwNxItWuGw3L.html

http://www.india.com/news/india/union-budget-2018-19-bitcoin-crypto-currencies-illegal-government-to-eliminate-its-use-says-arun-jaitley-2873185/


Hey Guyz,

There was a lot of drama After budget declaration in india that crypto is illegal in india from now on.

But after checking the statements made by indian FC, I can say that maybe Bitcoin trading is not illegal in india.

Sorry for all the mis-understanding.


                                                                                                Trade btc with no FEAR

that is really a bad move by the government of India banning BTC

[peleng]

And it seems to me that the crypto currency in India can become even more attractive. After all, the forbidden fruit is very sweet. Perhaps in India the story will again be repeated with a ban on the production, sale and transportation of alcohol as in the United States in 1920-1933. How it ended we know. 

[bryant.coleman]

I have a feeling that this Arun Jaitley guy is the dumbest member in Modi's cabinet. The middle class and the salaried individuals are up in arms after the recent budget. If Modi loses in 2019, then Jaitley would be the guy to blame.

[jin_dv]

Good evening! Despite the fact that world news reports about the "ban" of bitcoin and other cryptocurrencies by the Indian authorities, India, in fact, does not prohibit any cryptocurrency or the ability to trade it on exchanges.

[gustavroy]

in my country my government said'trading bitcoin is a sin'.lol.also I read that news they understand wrong the expert which talked about bitcoin

[tatnM]

All this news was needed to drop bitcoin, and then buy it to anyone. In fact, everything was exaggerated very much! If we have passed the bottom, now only positive news awaits us!

[bitcoinboi]

Indian gov't drama caused alot of trouble, but it also proved that how fake news can affect the market so easily. People need to stop believe in fake news.

[Brito]

Hey Guyz,
So finally indian Govt. announced bitcoin as illegal currency. And they will take action against individuals who will invest in it.

So what should Indians do at this time?
Should they sell their cypto before its too late, or wait if future hold something good for them.

Or if they donot sell then will it be safe to do transaction or use exchanges in india?

Or is there any alternate way to sell crypto without attracting Govt attention?


REF-:

https://qz.com/1195316/budget-2018-busts-bitcoin-arun-jaitley-has-just-killed-indias-cryptocurrency-party/

https://economictimes.indiatimes.com/news/economy/policy/arun-jaitley-settles-the-bitcoin-issue-for-once-and-all/articleshow/62737852.cms

http://www.livemint.com/Politics/xmBDOdP2H2hbXH7eV1VTqL/Budget-2018-Crypto-currencies-illegal-will-eliminate-their.html

https://www.hindustantimes.com/india-news/union-budget-2018-bitcoin-other-cryptocurrencies-not-legal-govt-to-eliminate-their-use/story-MrpXhzzrc9HwNxItWuGw3L.html

http://www.india.com/news/india/union-budget-2018-19-bitcoin-crypto-currencies-illegal-government-to-eliminate-its-use-says-arun-jaitley-2873185/


Hey Guyz,

There was a lot of drama After budget declaration in india that crypto is illegal in india from now on.

But after checking the statements made by indian FC, I can say that maybe Bitcoin trading is not illegal in india.

Sorry for all the mis-understanding.


                                                                                                Trade btc with no FEAR

As far as I understand, the Indian Government is trying to impose measures on the anonymous buying and trading of crypto currencies.
As far as it concerns if you buy with personal data and everything is transparent, it is not forbidden.

[kingcoiner001]

Is there a link to the news?
Has the Indian government declared it illegal to invest in bitcoin and encrypted cryptocurrency?

Yeah today was budget declaration for 2018 in india, and cypto was announced as illegal and also announced that they will take all necessary steps to stop crypto in india

That is the most stupidest shit i have ever heard all they are doing is they are damaging their countries progress and economy

[CoinMaker7]

Hey Guyz,
So finally indian Govt. announced bitcoin as illegal currency. And they will take action against individuals who will invest in it.

So what should Indians do at this time?
Should they sell their cypto before its too late, or wait if future hold something good for them.

Or if they donot sell then will it be safe to do transaction or use exchanges in india?

Or is there any alternate way to sell crypto without attracting Govt attention?


REF-:

https://qz.com/1195316/budget-2018-busts-bitcoin-arun-jaitley-has-just-killed-indias-cryptocurrency-party/

https://economictimes.indiatimes.com/news/economy/policy/arun-jaitley-settles-the-bitcoin-issue-for-once-and-all/articleshow/62737852.cms

http://www.livemint.com/Politics/xmBDOdP2H2hbXH7eV1VTqL/Budget-2018-Crypto-currencies-illegal-will-eliminate-their.html

https://www.hindustantimes.com/india-news/union-budget-2018-bitcoin-other-cryptocurrencies-not-legal-govt-to-eliminate-their-use/story-MrpXhzzrc9HwNxItWuGw3L.html

http://www.india.com/news/india/union-budget-2018-19-bitcoin-crypto-currencies-illegal-government-to-eliminate-its-use-says-arun-jaitley-2873185/


Hey Guyz,

There was a lot of drama After budget declaration in india that crypto is illegal in india from now on.

But after checking the statements made by indian FC, I can say that maybe Bitcoin trading is not illegal in india.

Sorry for all the mis-understanding.


                                                                                                Trade btc with no FEAR

Indian government is hurting their own economy they are hurting progress in their ccountry

[coinforlife123]

Hey Guyz,
So finally indian Govt. announced bitcoin as illegal currency. And they will take action against individuals who will invest in it.

So what should Indians do at this time?
Should they sell their cypto before its too late, or wait if future hold something good for them.

Or if they donot sell then will it be safe to do transaction or use exchanges in india?

Or is there any alternate way to sell crypto without attracting Govt attention?


REF-:

https://qz.com/1195316/budget-2018-busts-bitcoin-arun-jaitley-has-just-killed-indias-cryptocurrency-party/

https://economictimes.indiatimes.com/news/economy/policy/arun-jaitley-settles-the-bitcoin-issue-for-once-and-all/articleshow/62737852.cms

http://www.livemint.com/Politics/xmBDOdP2H2hbXH7eV1VTqL/Budget-2018-Crypto-currencies-illegal-will-eliminate-their.html

https://www.hindustantimes.com/india-news/union-budget-2018-bitcoin-other-cryptocurrencies-not-legal-govt-to-eliminate-their-use/story-MrpXhzzrc9HwNxItWuGw3L.html

http://www.india.com/news/india/union-budget-2018-19-bitcoin-crypto-currencies-illegal-government-to-eliminate-its-use-says-arun-jaitley-2873185/


Hey Guyz,

There was a lot of drama After budget declaration in india that crypto is illegal in india from now on.

But after checking the statements made by indian FC, I can say that maybe Bitcoin trading is not illegal in india.

Sorry for all the mis-understanding.


                                                                                                Trade btc with no FEAR

Indian government is hurting their own economy they are hurting progress in their country

[ukw]

Hey Guyz,
So finally indian Govt. announced bitcoin as illegal currency. And they will take action against individuals who will invest in it.

So what should Indians do at this time?
Should they sell their cypto before its too late, or wait if future hold something good for them.

Or if they donot sell then will it be safe to do transaction or use exchanges in india?

Or is there any alternate way to sell crypto without attracting Govt attention?


REF-:

https://qz.com/1195316/budget-2018-busts-bitcoin-arun-jaitley-has-just-killed-indias-cryptocurrency-party/

https://economictimes.indiatimes.com/news/economy/policy/arun-jaitley-settles-the-bitcoin-issue-for-once-and-all/articleshow/62737852.cms

http://www.livemint.com/Politics/xmBDOdP2H2hbXH7eV1VTqL/Budget-2018-Crypto-currencies-illegal-will-eliminate-their.html

https://www.hindustantimes.com/india-news/union-budget-2018-bitcoin-other-cryptocurrencies-not-legal-govt-to-eliminate-their-use/story-MrpXhzzrc9HwNxItWuGw3L.html

http://www.india.com/news/india/union-budget-2018-19-bitcoin-crypto-currencies-illegal-government-to-eliminate-its-use-says-arun-jaitley-2873185/


Hey Guyz,

There was a lot of drama After budget declaration in india that crypto is illegal in india from now on.

But after checking the statements made by indian FC, I can say that maybe Bitcoin trading is not illegal in india.

Sorry for all the mis-understanding.


                                                                                                Trade btc with no FEAR

This is a quote from the Minister of Finance of India:
"The government does not consider crypto currencies as a legal tender and will take all necessary measures to eliminate the use of these assets."

This does not prohibit users from trading or investing in coins on the crypt-exchanges. I think!

[ycoin123]

Hey Guyz,
So finally indian Govt. announced bitcoin as illegal currency. And they will take action against individuals who will invest in it.

So what should Indians do at this time?
Should they sell their cypto before its too late, or wait if future hold something good for them.

Or if they donot sell then will it be safe to do transaction or use exchanges in india?

Or is there any alternate way to sell crypto without attracting Govt attention?


REF-:

https://qz.com/1195316/budget-2018-busts-bitcoin-arun-jaitley-has-just-killed-indias-cryptocurrency-party/

https://economictimes.indiatimes.com/news/economy/policy/arun-jaitley-settles-the-bitcoin-issue-for-once-and-all/articleshow/62737852.cms

http://www.livemint.com/Politics/xmBDOdP2H2hbXH7eV1VTqL/Budget-2018-Crypto-currencies-illegal-will-eliminate-their.html

https://www.hindustantimes.com/india-news/union-budget-2018-bitcoin-other-cryptocurrencies-not-legal-govt-to-eliminate-their-use/story-MrpXhzzrc9HwNxItWuGw3L.html

http://www.india.com/news/india/union-budget-2018-19-bitcoin-crypto-currencies-illegal-government-to-eliminate-its-use-says-arun-jaitley-2873185/


Hey Guyz,

There was a lot of drama After budget declaration in india that crypto is illegal in india from now on.

But after checking the statements made by indian FC, I can say that maybe Bitcoin trading is not illegal in india.

Sorry for all the mis-understanding.


                                                                                                Trade btc with no FEAR

can you share this news link I mean why do people post this stuff here if they don't know about it this is called spamming you know

[Kivalar]

as i read it was fake news about india, and people just panicked for nothing, its like always for years was with chinese nothing new, people love panic to rebuy more crypto at cheap, because news matters wwe will receive more this kind of fake news in future, so we can cut profits from newcomers.

Where are you read that it's a fake news?

[sourish]

Its cool that you have noted the misunderstanding. Thanks for sharing which seems to be meant well, and the following correction.

[PadenoM]

As usual this is the demonstration of market manipulation, some big whales are trying to manipulate market annoucing fake news

[kakawin]

As usual this is the demonstration of market manipulation, some big whales are trying to manipulate market annoucing fake news

Yes, this is really fake news. Because of these and other similar news there was a collapse of the crypto currency market. If it's sensible to look at the current situation with crypto currencies, then everything looks pretty good. I hope that the market will go up.