India just BANNED Bitcoin? Will BTC now crash?

[bitcoin31]

I see some country who are banned bitcoin, but maybe they have some effect to the price maybe they decrease . But the important to the country who are accepting and legalize bitcoin to their country and this is very big help to us to pump bitcoin.

[Pattart]

Currently there is no ban, just a misinformation here. Moreover, cryptosociety has never really relied or hoped for India's crypto industry to bloom, so I suppose even complete ban won't affect the rate much, though India has 1+ billion of potential users

i was also thinking the same way and even if it is really true that india had banned bitcoin , i think that wont still make a huge impact to the value of bitcoin because india is only a semi poor country which means there arent enough investors on them. we can only be threatend if bitcoin was banned on some major countries such as us or russia because both of these countries were said to the most number of bitcoin users when compared to other parts of the world.

I think we don't need to look at a problem lightly, even though India is not a fertile place for the development of bitcoin at the moment, but their government policy might affect the whole of crypto market right? although there is no information or supporting facts about this thread, hopefully everything is not right, hopefully the government thinks about working together..

[freightjoe]

It seems the decision of India about banning Bitcoin has not effected Bitcoin price too much. This kind of things will always continue to happen until Bitcoin and cryptocurrencies displace real money.

When the news first came out, it caused a crash in the exchange rates. If I remember correctly, the exchange rates nosedived from around $12,000 per coin to less than $10,000 per coin. So you can't say that it didn't had any impact on the exchange rates.

but since then we are down much much more

[finlandais]

Bitcoin is still legal in India, people are still using it but the exchange is stopped till further orders.According to me even if Indian government ban bitcoin BTC will not crash because their are many countries which are in favour of it.This will affect the growth of BTC but bitcoin has the capability to recover so keep on investing in it without believing in such  fake news.

[cepot9]

Indian society is indeed a lot but bitcoin banned in India may only have an effect there because bitcoin users are not only from India, the world community is very much and bitcoin banned in India will not have a big effect on the price of bitcoin

[hot_ads]

The BTC has crumbled, and the price of the BTC has started to collapse since the bull market began in early 2018, and of course the market's options have continued to fall.

[Seast]

I see some country who are banned bitcoin, but maybe they have some effect to the price maybe they decrease . But the important to the country who are accepting and legalize bitcoin to their country and this is very big help to us to pump bitcoin.

There is no need to pump the bitcoin. Slow rise is much better.

[mornabo]

Currently there is no ban, just a misinformation here. Moreover, cryptosociety has never really relied or hoped for India's crypto industry to bloom, so I suppose even complete ban won't affect the rate much, though India has 1+ billion of potential users

i was also thinking the same way and even if it is really true that india had banned bitcoin , i think that wont still make a huge impact to the value of bitcoin because india is only a semi poor country which means there arent enough investors on them. we can only be threatend if bitcoin was banned on some major countries such as us or russia because both of these countries were said to the most number of bitcoin users when compared to other parts of the world.

I myself just heard it and it did not give me any influence, in general if the Indian users are big enough and they get the impact of the ban it will certainly have an influence on the market, but if the user is small from India, in my opinion it will not affect the price as deep

[clarkgeneral86]

I see some country who are banned bitcoin, but maybe they have some effect to the price maybe they decrease . But the important to the country who are accepting and legalize bitcoin to their country and this is very big help to us to pump bitcoin.

There is no need to pump the bitcoin. Slow rise is much better.

The price of bitcoin up fast will also drop sharply, the end of July is a testament to that. The current market needs stability, pump actions will affect the future of bitcoin.

[wdnj]

I see some country who are banned bitcoin, but maybe they have some effect to the price maybe they decrease . But the important to the country who are accepting and legalize bitcoin to their country and this is very big help to us to pump bitcoin.

There is no need to pump the bitcoin. Slow rise is much better.

The price of bitcoin up fast will also drop sharply, the end of July is a testament to that. The current market needs stability, pump actions will affect the future of bitcoin.

We don’t say world crash there will be a bit fall in price and that will occur when maximum people will sell their coin for sake of profit and as before people were aiming to sell at 10000 but today progress give them a sign to hold for more time and then sell because In 3 days price jump from 8000 to 9735 and this show clearly waiting for one more week will show where coin will lie & profit will be shown clearly in stats.




[MChain]

India just BANNED Bitcoin? Will BTC now crash?

well, India has a lot of people. I would not be surprised that this ban will largely influence BTC price

[Barbarian]

Nothing like that is going to happen, bitcoin is not going to crash just because one country banned bitcoin, even if an important country banned bitcoin nothing will happen because people will just keep dealing with bitcoin except that this time they are going to do it without the approval of their government.

[Clemcout]

Nothing like that is going to happen, bitcoin is not going to crash just because one country banned bitcoin, even if an important country banned bitcoin nothing will happen because people will just keep dealing with bitcoin except that this time they are going to do it without the approval of their government.

Bitcoin is spreading with the passage of time and whenever a country stops using it then on the other side we have countries which are accepting it. Looking and observing the progress of countries with the Bitcoin convincing other countries as well. I think Indian ban on the Bitcoin has no greater affects and this is understandable for us as we can say in comparison that Germany has accepted it.

[dreamHeaven]

I see some country who are banned bitcoin, but maybe they have some effect to the price maybe they decrease . But the important to the country who are accepting and legalize bitcoin to their country and this is very big help to us to pump bitcoin.

There is no need to pump the bitcoin. Slow rise is much better.

The price of bitcoin up fast will also drop sharply, the end of July is a testament to that. The current market needs stability, pump actions will affect the future of bitcoin.

What if India banned Bitcoin? We have accepted the Bitcoin as we know that Germany has accepted the Bitcoin recently. Even if it is legal in India then it has no effect on the value of Bitcoin because most of the people living there are uneducated about the crypto world as compared to rest of the countries. However there are educated but they have little investments here so I think it has no great loss for the Bitcoin and is understandable.

[basyang]

India just BANNED Bitcoin? Will BTC now crash?

Why? I though India accepting bitcoin but I am wrong. This is not a good news for all of us. Will in my opinion, it will not affect bitcoin or it could not be a reason to crash. Bitcoin has many supporter or I mean they will not let bitcoin to crash. Many people is now relying to cryptocurrency and I think they will proctect it until the end.

[andycarrol]

India just BANNED Bitcoin? Will BTC now crash?

Why? I though India accepting bitcoin but I am wrong. This is not a good news for all of us. Will in my opinion, it will not affect bitcoin or it could not be a reason to crash. Bitcoin has many supporter or I mean they will not let bitcoin to crash. Many people is now relying to cryptocurrency and I think they will proctect it until the end.

Besides India, Arab has also currently banned bitcoin. but I think this thing will not make prices crash. even my country also prohibits the use of bitcoin, but have no effect on the price. unless one of the country's enormous influence on bitcoin. whereas currently more countries supporting bitcoin compared banned bitcoin.

[gabmen]

India just BANNED Bitcoin? Will BTC now crash?

Why? I though India accepting bitcoin but I am wrong. This is not a good news for all of us. Will in my opinion, it will not affect bitcoin or it could not be a reason to crash. Bitcoin has many supporter or I mean they will not let bitcoin to crash. Many people is now relying to cryptocurrency and I think they will proctect it until the end.

Besides India, Arab has also currently banned bitcoin. but I think this thing will not make prices crash. even my country also prohibits the use of bitcoin, but have no effect on the price. unless one of the country's enormous influence on bitcoin. whereas currently more countries supporting bitcoin compared banned bitcoin.

Did they though? I think we're misunderstanding these bans a couple of times and that can lead to panicn which won't really work well for lthe community. India, like china, has been very open about it's stand when it comes to crypto but a total ban or illegalization isn't in effect.

[anntlevel]

India just BANNED Bitcoin? Will BTC now crash?

Why? I though India accepting bitcoin but I am wrong. This is not a good news for all of us. Will in my opinion, it will not affect bitcoin or it could not be a reason to crash. Bitcoin has many supporter or I mean they will not let bitcoin to crash. Many people is now relying to cryptocurrency and I think they will proctect it until the end.

I do not think so that people will think it is a crash if India has banned the Bitcoin and other cryptocurrencies. This is not valid and irrelevant if we are thinking like this because Bitcoin has more supporters all over the world and we have good news as well that Thailand has accepted it recently so the fresh news is very good and Indian banning is now old news for us to discuss.

[Stolivie]

India just BANNED Bitcoin? Will BTC now crash?

Why? I though India accepting bitcoin but I am wrong. This is not a good news for all of us. Will in my opinion, it will not affect bitcoin or it could not be a reason to crash. Bitcoin has many supporter or I mean they will not let bitcoin to crash. Many people is now relying to cryptocurrency and I think they will proctect it until the end.

I do not think so that people will think it is a crash if India has banned the Bitcoin and other cryptocurrencies. This is not valid and irrelevant if we are thinking like this because Bitcoin has more supporters all over the world and we have good news as well that Thailand has accepted it recently so the fresh news is very good and Indian banning is now old news for us to discuss.

I think bitcoin even did not crash after banning bitcoin by China where the investors are much more than any other country. Bitcoin is too much strong and banning by a single country cannot effect bitcoin too much, even If it will affect the bitcoin price it will be for some time and not permanent.

[pieppiep]

I think the Indian government banned the circulation of bitcoin in its country because there may be a lot of developers who commit public fraud that block the blockhain platform but run away from money from Investor and there may also be other problems that make cryptocurrency in India strictly forbidden.