India just BANNED Bitcoin? Will BTC now crash?

[KwizatzHaderach]

India not that important in the crypto space so no immediate impact. Would really panic if SoKor or Japan changes stances.

[joebrook]

bitcoin ban in india will not effect that much because there was not a proper method to buy sell bitcoin in india and India is not as big market as china

Inspire of the ban coupled with that from China, Bitcoins is really recovering and doing great more than we previously anticipated after the ban. No country is bigger than bitcoins.

[rainezerr]

India just BANNED Bitcoin? Will BTC now crash?

No it will not, the entire ico's are also banned in china before back in october last year and it really decreased the value of bitcoins in the market for the mean time but still it managed to reach 19k dollar before the year ends so no worries about banning of btc in other countries.

[freshm4ker]

Bitcoin becomes illegal in government India does not make decisions about bitcoin or any crypto currency. More than the government wants to utilize the blockchain feature. Allocate blockchain-based budgets and research because I do not think they know that spreading FUD on bitcoin has never been banned or never made legally in India.

[Ratash]

no i do not think that because when china banned bitcoin he pumped up to 18000 dollars as a matter of fact bitcoin will reach a highest price than before he was banned .

[elwiswoodie]

China is also doing the same thing
and the price of Bitcoin crashes only a few weeks
after that normal
so there's nothing to worry about

[SaShiRaJaVu]

Atleast Narendra Modi got some brains to prevent this digital plague from grasping indians

What are you talking about and why are you in this forum in the first place,the world is seeing some of his stupid policies and now you can compare his leadership skills which are none,he just want to be in the media all the time and that is the best he has done till now,having said that there is no news about any bans from India in the first place.Check out the news and facts before telling something.

[mitchr4]

I do not think bitcoin holder in India will sell their coins after hearing his government decided to ban bitcoin, they exactly have many ways to keep using bitcoin. Bitcoin was once banned in China but a few weeks later bitcoin price hit his highest price ever. People should not worry about this thing just relax and keep hold wait until a good price.

[Jaya912]

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!

Is this the same news that i heard it before and repeat again? If yes then its not good for bitcoin growing since many people will think bad about bitcoin because of the same issue spread many time.

[specialfoolhardy7]

That is horrifying because india is a country, leaving which no global projects had ever been successful

[Spain2000]

Bitcoin is not dependent on only one country so if the one country has bane this the other countries are allowing bitcoin and bitcoin is the growing currency for the bitcoin community it is normally happen in bitcoin that prices fall rapidly but this all recover in the same time as well So bitcoin is good and this will be regular allow in the India.

[blueteam09]

bitcoin ban in india will not effect that much because there was not a proper method to buy sell bitcoin in india and India is not as big market as china

India may not be a big market like China but this still negatively affects the crypto market. It makes many concerned about what it can do to price the Altcoin they own so they will sell everything they own that makes the market dizzy.

[Ishiro5]

India just BANNED Bitcoin? Will BTC now crash?

till the end 1$ but not because of news

Even China's ban did not crash bitcoin heavily as one would have expected, not to talk of India that is just trying to find their foot in the crypto space. No significant change will impact

[Cryptagio]

so what) there are plenty of other places where BTC is legal

[Aderiho Bitjones]

If the price has gone down a bit, now everyone is talking about the death of crypto-currency and bitcoin. And everyone sells not to burn out. But there is a line below which it will not fall. When the price is attractive enough. Bitcoin will be bought again and the price goes up

[valentinen39]

India just BANNED Bitcoin? Will BTC now crash?

It does not matter if india will ban bitcoins because life goes on to those traders and investors. China also banned all the ico's in their country before and it affects the market just for awhile but it still manage to grow its value before december.

[Sakibhasan.bd]

It is a bad news..! but don't worry. Bitcoin is the king of crypto site. If any country banned it, there have some problem. But not so many problem.
Japan accept bitcoin on the regular market pelace..! it is also a good news for us.
So i think bitcoin will never crash.

[GardenChristian]

India just BANNED Bitcoin? Will BTC now crash?

I don't know your source. As far as I know, India has not banned bitcoin, and the government has now accepted bitcoin, recognizing the legitimacy of bitcoin. That is good news for bitcoin.

[hydeevanz]

India just BANNED Bitcoin? Will BTC now crash?

No,because India will adopt the BTC gradually and just because its not leagle there people wont stop using it completely, as there are other uses of BTC in International market and also a kind of profitable investment too the general user in developing countries like india, hence they wont go completely towards the zero use policies instead they will gradually see the change in their own country and adapt it.
China did a similar move too but had no major outcome on the transactions .

[SlickTight]

It doesn't matter, some countries now ban bitcoin and bitcoin will not fall. Bitcoin had many supporters, and many countries supporting bitcoin so i think that bitcoin will stand strong and will not fall. I believe in bitcoin, because cryptocurrency will be our future!