cutiemolit
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February 01, 2018, 11:23:02 PM |
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Why everytime Bitcoin and the whole market goes down, the bad news about cryptocurrencies are just flying in the air? just why? I think it’s the other way, they’re using bad news or making a black propaganda to make price go down. It succeed now because there is a big lope hole in new investors knowledge about this situation but many attempts they failed badly last year because the older investors learn they’re lesson as that days there are massive supports to strengthen or make the value higher, mostly now they want it lower to buy.
I think Bitcoin will not go down just because some country decides to block Bitcoin. For example like my country, Indonesia and India are blocked, then various other countries are also blocking. I do not think it will affect Bitcoin. Even if it brings influence, the influence that is brought is only temporary. I do not think Bitcoin can ever be completely blocked. For example, like porn sites, many countries block it, but in fact many people can easily access porn sites only with Google. Even a small child can. Same goes for Bitcoin. Fake news can be easily spread though social media. In fact there are still there are lot people invest and support Bitcoin. Yet there are no clear declaration of India to banned Bitcoin. Maybe these are one of there tactics to crash Bitcoin. |
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furry04
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February 01, 2018, 11:23:15 PM |
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As I have read and listened India has not banned bitcoin but has made some regulations in order to protect from illegal activities, whatever this is not the first time and it won`t have to crash.
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JesusCryptos
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February 01, 2018, 11:39:16 PM |
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India did not ban Bitcoin. But this news has been exploited to create enough worldwide FUD so that actually Bitcoin IS crashing...
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sisule
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February 01, 2018, 11:44:13 PM |
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India just BANNED Bitcoin? Will BTC now crash?
it will not be a problem if bitcoin is banned in india, you do not worry and panic sell. because the bitcoin price will be high and the price reduction is temporary when the Indian government impose a ban on bitcoin. so we have to calm down |
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IfixTchenTchen
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February 01, 2018, 11:50:42 PM |
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This is a fake news - India simply has declared that Bitcoin has no legal value there. Other countries have exactly the same position. Media reported that as FUD - and it worked if we look at the market today...
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Pab
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February 01, 2018, 11:55:39 PM |
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It is stupid FUD.Read article not follow headlines,India Finance Ministair told that crypto will be not recognised
like a legal tender.Thay will not accept crypto like a currency.First was hype that India legelise btc now is fud that India ban btc.Crypto ppl are the biggest idiots on that planet.India need to regulate crypto,same like S.Korea is doing
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ladydark
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February 01, 2018, 11:56:32 PM
Last edit: February 04, 2018, 03:51:09 AM by ladydark |
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I think that India is not a big contributor to bitcoin like China or Japan to influence its price.But unfortunately this news was zoomed big by the FUD spreaders due to which it contributed a little to the price fall.
Indian finance minister has just said that bitcoin is not a legal tender.That's it.
Indian government has been discussing in this regard and had already formed a committee to submit its recommendations regarding crypto currencies.It seems that it may soon regulate crypto currencies.
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Nakakapagpabagabag
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BITDEPOSITARY - Make ICO's , More Secure
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February 02, 2018, 12:38:04 AM |
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Of course, this has an impact on the price of Bitcoin. But is this news true? Or one FUD to frighten people. We need to be prepared and be patient because in case of bitcoins fall we will not panic. As long as we can just HODL! I'm sure that the price of bitcoins will rise again.
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Antonas1
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February 02, 2018, 02:36:25 AM |
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So many people worried about bitcoin and all cryptocurrency banned in India, South Korea, China, and Indonesia. Why do you fear about that?
I wanna ask you, at a first time Bitcoin has appear, who is support them? any country? or professional analyze? and where you at?
Now, why are we worried about that?
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whoisyourking
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February 02, 2018, 03:02:31 AM |
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India just BANNED Bitcoin? Will BTC now crash?
Its barely happening because of more and more country are against in bitcoin right now. in our country are not against in bitcoin but the central banks are taking action about this so lots of bitcoin users are now exiting their investment to bitcoin. |
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supermine
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February 02, 2018, 03:09:37 AM |
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India just BANNED Bitcoin? Will BTC now crash?
Its barely happening because of more and more country are against in bitcoin right now. in our country are not against in bitcoin but the central banks are taking action about this so lots of bitcoin users are now exiting their investment to bitcoin. India NOT BANNED bitcoin,the news getting in the opposite direction which caused the price fall,now the price is under $9K.I think India is not against the crypto currency they also want to regulate them,the finance minister of India said that Bitcoin is never a legal tender in India and now they want to stop crypto currency usage from the illegal activities,which doesn't mean bitcoin is Illegal there.Later the official from RBI cleared the doubt that was misreported in medias.They said we continue to work hard and grow the crypto currency industry in their country because Narendra Modi the prime minister of India is always in the favour of cashless economy. |
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tegarp90
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February 02, 2018, 03:17:48 AM |
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I think india has not really big volume on btc market so this dump is not from this news, but because of annual event of chinese new year which already made btc down since 2014
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akhilsh6896
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February 02, 2018, 03:46:45 AM |
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First of all, India did NOT ban cryptocurrencies. It is not a legal tender meaning you can't exchange goods with cryptocurrencies.
"The government does not consider cryptocurrencies as legal tender or coin and will take all measures to eliminate the use of these crypto assets in financing illegitimate activities, or as part of the payment system," Jaitley said according to economic times article.
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Trendzter
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February 02, 2018, 03:51:05 AM |
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Fake news. Read the real facts!
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storeship
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February 02, 2018, 04:05:59 AM |
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India just BANNED Bitcoin? Will BTC now crash?
It's exactly misinterpreted headlines like this that forces panic. Read things properly and investigate before announcing such crap, they are not banning Bitcoin at all. |
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Blocks
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February 02, 2018, 04:07:53 AM |
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Indian didn't BAN it , dont spread FUD pls
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joanshu
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February 02, 2018, 04:09:30 AM |
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India just BANNED Bitcoin? Will BTC now crash?
India did not ban bitcoins its a fake news .The finance minster of India only said that bitcoins are not legal tender in their country which means it is not accepted locally as a currency and he also mentioned the investors should make investment at their own risk and they are not liable if they end up in loss as most of the young investors from India were investing in bitcoins more over the government is trying to make bitcoins legal in their country does not mean now it is illegal they are going to make a regulatory body in order to find out the big fish in the bitcoin market from their country . Some think that spreading wrong info about bitcoin ban will bring the value of btc to crash so that they can buy in more btc as there are lot of people waiting for it to fall. |
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frery
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February 02, 2018, 04:14:54 AM |
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India has not banned bitcoin. Someone has already said that India should, like China, strictly restrict bitcoin transactions，they do not prohibit people from investing in bitcoin.
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gamechain
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February 02, 2018, 04:21:44 AM |
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India has not banned bitcoin. Someone has already said that India should, like China, strictly restrict bitcoin transactions，they do not prohibit people from investing in bitcoin.
India simply does not recognize Bitcoin as the legal tender, but it also acknowledges blockchain technology that encourages payment systems. |
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jhongzjhong
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https://bmy.guide
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February 02, 2018, 04:23:24 AM |
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India just BANNED Bitcoin? Will BTC now crash?
India did not ban bitcoins its a fake news .The finance minster of India only said that bitcoins are not legal tender in their country which means it is not accepted locally as a currency and he also mentioned the investors should make investment at their own risk and they are not liable if they end up in loss as most of the young investors from India were investing in bitcoins more over the government is trying to make bitcoins legal in their country does not mean now it is illegal they are going to make a regulatory body in order to find out the big fish in the bitcoin market from their country . Some think that spreading wrong info about bitcoin ban will bring the value of btc to crash so that they can buy in more btc as there are lot of people waiting for it to fall. Yes they are not banning bitcoin in India but this is not a legal lawful tender in India, beside they are embracing blockchain to their place and one of that is ripple. Instead of recognizing in bitcoin they did not make bitcoin as a legal. Do you think this is can affect bitcoin price? there'e another reason of bitcoin fallen down and it's normal for bitcoin it because of volatile assets. Don't lose hope just hold on until the price will bouncing back in the marketscap. |
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