alexey14 (OP)
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February 01, 2018, 08:06:14 PM |
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India just BANNED Bitcoin? Will BTC now crash?
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videoman39
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February 01, 2018, 08:07:16 PM |
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India just BANNED Bitcoin? Will BTC now crash?
till the end 1$ but not because of news |
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owlman
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February 01, 2018, 08:12:51 PM |
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India just BANNED Bitcoin? Will BTC now crash?
This is not the first news about the Bitcoin ban, why should it be a disaster? Moreover, they want to introduce blockchain technology into the banking system. I believe that the decline in bitcoin prices is not at all because of this! |
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crazyivan
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DMD Diamond Making Money 4+ years! Join us!
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February 01, 2018, 08:13:36 PM |
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Oh, it s a doom SELL, SELL, SELL.
People, I thought u were smarter to trust these FUD assholes.
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TheySeeMeHodlingTheyHatin
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February 01, 2018, 08:15:37 PM |
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did the tech changed ?
are you in for the tech or to make a quick buck ?
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darkangel11
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Defend Bitcoin and its PoW: bitcoincleanup.com
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February 01, 2018, 08:26:33 PM |
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They did not ban anything! Keep selling though, you won't learn until you actually lose some money. If some people wouldn't buy high and sell low the whales and traders wouldn't be making money on them.
The most likely scenario IMO is China coming out with a news that they're deciding to open regulated crypto exchanges and everyone trying to buy back before it's too late. People are so easily manipulated...
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TimtheYoutuber
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www.positivebetting.com
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February 01, 2018, 08:32:15 PM |
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The big problem is we have WAY to many unintelligent investors that have piled in. For me and many other investors who have gotten in early, we are chilling. I knew these pumps were going to come back down because they weren't justified. So let everyone lose their shirts that got in, they bought at the top and freak out over news. When investing in cryptocurrency you should really not sell for a lose, you should be investing enough that you are willing to lose 100% of it. Then you wont ever have these sort of issues. If you are looking for "safer" investments then go to stocks and get a financial advisor. If you are new to investing cryptocurrency is not going to be the way to go, as most people are abusing it and dumping all their money into it. News: https://cointelegraph.com/news/india-bitcoin-prices-drop-as-media-misinterprets-govts-regulation-speech |
Positivebetting
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Shishir99
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February 01, 2018, 08:39:36 PM |
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I just want to suggest you that don't panic sell.
These things happened at past also but then again market recovered smoothly.
Always keep in mind that history repeat itself.
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Ciscopro2000
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February 01, 2018, 08:50:24 PM |
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India is still going to explore the blockchain technology in the new digital economy. I believe they mentioned that they are going to crack down on people using crypto for illegal activities. Regardless it’s impossible to completely ban Bitcoin or any Cryptocurrency.
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Ranly123
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★777Coin.com★ Fun BTC Casino!
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February 01, 2018, 09:10:36 PM |
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India just BANNED Bitcoin? Will BTC now crash?
I doubt it would crash. Though bitcoin price will dip even more but it would never crash to the point where bitcoin will have no value. Just like the previous years, many FUD are circulating yet bitcoin still stand and grow. People in cryptocurrency will find ways to avoid the security of their government just to earn money from bitcoin. |
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avikz
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February 01, 2018, 09:27:33 PM |
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India just BANNED Bitcoin? Will BTC now crash?
I am sure India didn't ban it yet. The finance minister said that bitcoin is not a legal tender in India and the expert committee recommendation is currently being reviewed. That means, you can't use bitcoin for purchasing or selling of any goods or services. But they didn't mention anything about bitcoin holdings of the individual citizens. They didn't ban investment in it. I watched it live so don't fall for any useless newspaper reproducing it in their own language. If you are holding bitcoin in India, you are not doing anything illegal. So that is not the reason for the bitcoin's downward price trend. There must be some other reason and I will appreciate if anyone can point it out. |
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Nicksar
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February 01, 2018, 09:31:12 PM |
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India just BANNED Bitcoin? Will BTC now crash?
India didnt ban Bitcoin, It is not considering Bitcoins as legal tender, so as the other countries. What is the big deal? All just FUD. Please move on. |
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Ris88
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February 01, 2018, 09:33:37 PM |
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India just BANNED Bitcoin? Will BTC now crash?
Is bitcoin only fixated on one country, of course that will not happen, that there are many countries that until now, still using bitcoin, even though the current price is a decrease, does not mean bitcoin will break down onward !! |
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kimochidesh
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February 01, 2018, 09:43:28 PM |
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INDIA hasn't banned Bitcoin. Indian Finance Minister again just announced that They are going to accept BTC as legal tender, and will take the necessary step to eliminate frauds and illegal activities associated with it. It is just a FUD created by Indian Media. Nothing to worry about.
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HitbtcSCAM
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February 01, 2018, 09:45:02 PM |
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STOP LYING
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FLoving
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February 01, 2018, 09:49:07 PM |
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India just BANNED Bitcoin? Will BTC now crash?
I am sure India didn't ban it yet. The finance minister said that bitcoin is not a legal tender in India and the expert committee recommendation is currently being reviewed. That means, you can't use bitcoin for purchasing or selling of any goods or services. But they didn't mention anything about bitcoin holdings of the individual citizens. They didn't ban investment in it. I watched it live so don't fall for any useless newspaper reproducing it in their own language. If you are holding bitcoin in India, you are not doing anything illegal. So that is not the reason for the bitcoin's downward price trend. There must be some other reason and I will appreciate if anyone can point it out. Yes I am also explaining it to my friends that they are not banning bitcoin but they are only saying that bitcoin will not be a legalized currency for the state just like all other countries and that is the real meaning of not a legal tender. But some people who do not understand well consider it as a ban and they start to sell their bitcoins and they do not know that even anything happen if they will not sell off their bitcoins the price will not decrease. If we will stay in strong support with bitcoin then the price will not decrease but will increase with more strength. |
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Dreamchaser21
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February 01, 2018, 09:50:14 PM |
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Oh, it s a doom SELL, SELL, SELL.
People, I thought u were smarter to trust these FUD assholes.
Those who are weak enough to listen to FUD will make a good loss soon. Bitcoin was banned by so many countries yet they ended up regulating bitcoin this mean that this technology have the potential to go higher, which is true. So if you sold your bitcoin now, hope for your fast recovery. |
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Vladv26
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February 01, 2018, 09:52:03 PM |
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We have seen thousands of news saying that some country banned bitcoin but still the price went up to 20.000$ last year. We cant know for sure if those news are true or not until the governments will make a public announcement at the tv's or in the media that they are against bitcoin and they will create a law to restrict bitcoin
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alyssa85
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February 01, 2018, 09:52:21 PM |
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India is not a big enough market to cause a bitcoin crash (remember that when China banned bitcoin for real in mid 2017, bitcoin's price ROSE).
The sell is simply people using this as an excuse to take profits, some might want to drive the price lower because they have buys lined up around the $9k mark.
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