Crypto currency and it's future in India

[Shalusinghaniya]

crypto currency has been in this world since 2002-03  but in relation to India the market for crypto currency has come into existence from 2015-16
when government banned notes of RS 500 and ₹1000
Since then the search for a currency has started where one can store their money and can get benefitted from it after such search people search came to end in the form of crypto currency and it's usages since then demand for crypto currency has risen benefits people thought were this will save them from government anti public policy  and then through words people started to know about crypto currency and it's usages over the period afterwards the Bitcoin became famous because it started to rise like anything which attracted every individual eyes and government of India called it the pozi scheme which nobody understood in India and then RBI took notice of it start sending notice about its elemental effect on one can have and then the tax department started to send notices to everyone involved in such sale and purchase of crypto currency so many fud came and went during this time people were unaware it's volitility and many without any knowledge invested and lost their money and after that the era of panic selling and buying started to take place where some invest and thinks they will become rich by night and when losses occur they started to sell it out
After the year 2017. People understood it's real benefit and it's disadvantages so the future of crypto currency is huge but one has to make information reach masses so they can understand and invest their hard earned money into it and don't get panic when they are in losses so the opportunity is huge but one has to grab them by making understand them to people
Thank you
Jai hind 

[TooDumbForBitcoin]

Yep is the problem with people who can't wait and buy after hype only. But about regulation in India I recently read this positive article
http://bitcoinist.com/india-wont-ban-bitcoin-embrace-blockchain/

[bitbunnny]

I think that it's too much importance given to India and its influence on Bitcoin and other cryptocurrencies.
India maybe have significant number of inhabitants who are using Bitcoin but still any moves and decisions of Indian government or other authorities can't influence Bitcoin and cryptocurrencies in significant way, not positive or negative.

[Lamisa asfiya]

I think Bitcoin should be given importance in India. Bitcoin and other cryptocurrency may affect this. The number of residents living in India is more. The government of India and other authorities will not be able to influence Bitcoin by using Bitcoin. Note that Bitcoin is not positive or negative.