India's RBI Bans Crypto and Bitcoin

[chelsearoh]

Major hit

https://cryptocurrencynews.com/regulations/india-ban/

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[cryptohunter]

is there something wrong with the noobs here

this is the 50th fucking thread on this shit in the last 2hours.

fuck off posting the same shit over and over.... read through the forum to see if your latest blurb of fud has already been posted

the market seems to not give one fuck about this news anyway...  

If I air dropped you in india randomly 1m times if you survived the first 99 people you bumped into would not have heard of crypto, even if one had heard of it he probably would not have any free cash to invest into it.

India is not at this time so important to btc.  In future that may change but making decisions like this leaves that in doubt too.  You can be sure those with huge amounts wealth in india will be holding and accumulating more btc. 99.99% were not really ready for the btc party now anyway.

When this bank realises their centralised shit coin is not going anywhere and btc is marching on leaving them out they will be running to get on the train again.

[alexey14]

Noone Care about India, India in Crypto world in no more than a Joke.

[darkangel11]

Noone Care about India, India in Crypto world in no more than a Joke.

That's because exchanges were banned in India in December. No exchanges = no crypto trading. Now, 4 months later, their bank is saying it's not going to deal with crypto companies and nothing happens. Surprise, surprise. You Idiots banned major crypto businesses months ago, so no crypto businesses are using your bank accounts anyway.

It's also important to mention that there was no crypto ban in India! You can have cryptos, you can exchange them for other cryptos and you can exchange them for goods and for cash.

[keping1]

no panic india is not the only bitcoin user

[BTCeminjas]

India is not totally banned crypto's and bitcoin, they had only banned those exchange site that related crypto's and a person will not be able to transfer their money from his savings account to his cryptowallet.
I think there's an international politician who's behind these happening now in India, they are trying to destroy bitcoin and feed the social media broadcaster to spread the FUD news regarding bitcoin.

Stop this FUD news you must read this.
https://itsblockchain.com/rbi-banning-cryptocurrencies-fud/

[batang_bitcoin]

fuck off posting the same shit over and over.... read through the forum to see if your latest blurb of fud has already been posted

The same threads

End of road for Cryptocurrencies in INDIA?
India Bans Cryptocurrencies with Immediate Effect

[audaciousbeing]

Noone Care about India, India in Crypto world in no more than a Joke.

That's because exchanges were banned in India in December. No exchanges = no crypto trading. Now, 4 months later, their bank is saying it's not going to deal with crypto companies and nothing happens. Surprise, surprise. You Idiots banned major crypto businesses months ago, so no crypto businesses are using your bank accounts anyway.

It's also important to mention that there was no crypto ban in India! You can have cryptos, you can exchange them for other cryptos and you can exchange them for goods and for cash.

I would be more disturbed if the news of ban is coming from either the United States or maybe Japan and other countries high population representation in the crypto world. Of all the countries in the world, India influence is mentioned when it comes to population which is a great asset any country could have but crypto, technological advancement aside from mandating banks from offering services to crypto related businesses, I doubt if any effort can be made to ensure compliance to this. Its just a proclamation to send a message without being ready to force compliance.

[Haunebu]

fuck off posting the same shit over and over.... read through the forum to see if your latest blurb of fud has already been posted

The same threads

End of road for Cryptocurrencies in INDIA?
India Bans Cryptocurrencies with Immediate Effect

Wow. This is seriously getting out of hand. Look at all these newbies spreading FUD without thinking clearly. Such people need to educate themselves before posting opening such silly threads. End of the road for crypto in India? Really? Bitcoin has proven time and time again that it cannot be manipulated by any government in this world, but there will always be haters no matter what. The Indian government are clearly trying to discourage investors from investing into the crypto market, but these bans and regulations will only lead the investors to discover alternate means of dealing with crypto(Hint: There are many).

[khelan]

I don't know why they are stopping money. It will reduce bitcoin price more. but don't know why RBI is banning transaction.

[Jating]

fuck off posting the same shit over and over.... read through the forum to see if your latest blurb of fud has already been posted

The same threads

End of road for Cryptocurrencies in INDIA?
India Bans Cryptocurrencies with Immediate Effect

Wow. This is seriously getting out of hand. Look at all these newbies spreading FUD without thinking clearly. Such people need to educate themselves before posting opening such silly threads. End of the road for crypto in India? Really? Bitcoin has proven time and time again that it cannot be manipulated by any government in this world, but there will always be haters no matter what. The Indian government are clearly trying to discourage investors from investing into the crypto market, but these bans and regulations will only lead the investors to discover alternate means of dealing with crypto(Hint: There are many).

Exactly, what the fuck with all the newbies account spreading malice in the forum? Are they really not dumb or another trolls or paid schills? Your guess is as good as mine.

Just sad though they some of the members here are in panic the moment they see threads like this as if portraying is gonna be the end of the crypto. You guys really give me a good chuckle every morning. Yes, India might be a good market for bitcoin but India hasn't ban it at all, they are still in the middle, so it means that they can still trade OTC just like China.

Keep the FUD coming though, sometimes this guys sounds like a broken music record here that its either you will totally ignore them for their lack of knowledge or doesn't give a fuck or gives you a good laugh at this crisis.

[batang_bitcoin]

fuck off posting the same shit over and over.... read through the forum to see if your latest blurb of fud has already been posted

The same threads

End of road for Cryptocurrencies in INDIA?
India Bans Cryptocurrencies with Immediate Effect

Wow. This is seriously getting out of hand. Look at all these newbies spreading FUD without thinking clearly. Such people need to educate themselves before posting opening such silly threads. End of the road for crypto in India? Really? Bitcoin has proven time and time again that it cannot be manipulated by any government in this world, but there will always be haters no matter what. The Indian government are clearly trying to discourage investors from investing into the crypto market, but these bans and regulations will only lead the investors to discover alternate means of dealing with crypto(Hint: There are many).

When there are news like these not only two or three threads are created but they are faster than the flash so expect that these newbies get overwhelmed (Good news) and share their panic (bad news) thoughts that are crazy making them paranoid.

Are they really not dumb or another trolls or paid schills? Your guess is as good as mine.

I think both?