Is Bitcoin Dead Now

[ambcrypto]

Will Bitcoin come down to $1K after India Govt Ban. Please vote on this and share this with your friend.

Read the article for more information - https://ambcrypto.com/bitcoin-btc-banned-in-india-reserve-bank-of-india-releases-an-official-statement/

[batang_bitcoin]

Will Bitcoin come down to $1K after India Govt Ban. Please vote on this and share this with your friend.

Stop making false claim that India Gov't banned bitcoin. Read articles clearly on what specific the news is.

The bankers did but the government didn't.

[Broonze]

Will Bitcoin come down to $1K after India Govt Ban. Please vote on this and share this with your friend.

Read the article for more information - https://ambcrypto.com/bitcoin-btc-banned-in-india-reserve-bank-of-india-releases-an-official-statement/

India Govt did not band Bitcoin it is fake news. but if Govt ban bitcoin it doesn't matter for traders our trade will be continue. because they don't know about our  laptop and smart phone. if all world ban the bitcoin then we will say bitcoin dead. but their are alot of developed countries who legalize the bitcoin. don't worry be cool bitcoin will never die.

[IamAltcoinfan]

First of all india government doesnt ban bitcoin or crypto currency . RBI asked bank not to do any transaction with crypto asset . More over government planning to release own Crypto currency. Finaly india is the lowest volume crypto currency holding country it doesnt effect anything . May be fud create around small time drop may happen.

[Theo222]

Will Bitcoin come down to $1K after India Govt Ban. Please vote on this and share this with your friend.

Read the article for more information - https://ambcrypto.com/bitcoin-btc-banned-in-india-reserve-bank-of-india-releases-an-official-statement/

bitcoin will never be die or will be dead unless internet is not exist or it hackers attack bitcoin. if those two is already meet bitcoin will die because people will never trust in bitcoin and the demand will decrease rapidly.

[pxo.011]

well i dont think so there is a lot of news that some country banned bitcoin, but however it takes affect on the market price but i dont think so it will go down to 1000 dollar. bitcoin will rise

[hadveach]

Will Bitcoin come down to $1K after India Govt Ban. Please vote on this and share this with your friend.

Read the article for more information - https://ambcrypto.com/bitcoin-btc-banned-in-india-reserve-bank-of-india-releases-an-official-statement/

I think if the reason only India bans crypto, then bitcoin will not drop to 1K points unless all countries agree to reject and fight crypto, all crypto banned ads, crypto spreads into little, high sales everywhere. then bitcoin will drop to 1K point even will die.

[JerryJam]

I do not consider India a great authority in the cryptocurrency market. The Indian government cannot significantly influence the bitcoin exchange rate. There are other factors for this. No need to think that bitcoin is dead. The decrease in its value can be called the calm before the storm. Fluctuations in its price is natural.

[blockman]

well i dont think so there is a lot of news that some country banned bitcoin, but however it takes affect on the market price but i dont think so it will go down to 1000 dollar. bitcoin will rise

$7,400 --------> $6,500 so this ban from Indian banks must be the reason why the price of bitcoin was down again. But OP when you are going to create a title for a thread you must think again. Bitcoin isn't dead and will not going to be dead. Your intentions are clear and you basically want to give a bad motive to the young holders. Bitcoin is good as before and the craze isn't stopping. Last year price is around $1,000 and now it's more than $6,000. Bitcoin is dead? NO!

[nmax21]

Again the news about the ban was exaggerated! It was with China, now India. To whom it is advantageous to produce inaccurate information to lower the price of biteoin.

[novogum]

If the price of bitcoin falls to 1000 dollars, it will not be beneficial to anyone. Miners will simply bury bitcoin in this case. Now they can still work in a small profit.

[rolloutdude]

Not sure if this news is really true, I read some articles and there are really no ban, just some regulations not sure though.

@OP a 1K dip is almost impossible and will not happen anytime soon. That's too far enough for BTC's fall.

[SiDtHeBeSt]

Well first of all, Indian government did not ban  bitcoin. The banks did. But, this news might lead to the drop in bitcoin's price a lot. I think bitcoins and other cryptocurrencies would soon be legalized in India, but till then such fake/half true news might lead to a little bit of drop in bitcoin's price. But, I don't think it would drop down to as low as 1000$.

[Virtual miner]

Will Bitcoin come down to $1K after India Govt Ban. Please vote on this and share this with your friend.

Read the article for more information - https://ambcrypto.com/bitcoin-btc-banned-in-india-reserve-bank-of-india-releases-an-official-statement/

It's not the Indian Government that has declared a ban on the crypto currencies but it is the bankers that have released a statement that they will not deal in any crypto assets or currencies and something of this sort.

Moreover, if this happens to be true in the next few months that the government imposes a ban on the crypto transactions, then it will definitely be affecting the price of bitcoin to a great extent. And such a statement being released by RBI is the beginning of a blunder that is going to happen soon ion the future. Bitcoin price is very much volatile and such kind of things are sure to put a negative impact on its price.  

[YuginKadoya]

Will Bitcoin come down to $1K after India Govt Ban. Please vote on this and share this with your friend.

Stop making false claim that India Gov't banned bitcoin. Read articles clearly on what specific the news is.

The bankers did but the government didn't.

Even if the government doesn't ban bitcoin there are a possibility that they will think further about this and the banks will settle something to make the government ban bitcoin entirely in India, But if the government will be a pro bitcoin then I think they will let bank make a decision to just regulated bitcoin will something like taxing every transaction made with Cryptocurrency,

And for OP my opinion is bitcoin will not die because a country or bank ban bitcoin, it will still continue, Bitcoin just dip again to the movement that whales manipulating it,

[Rrotess]

Will Bitcoin come down to $1K after India Govt Ban. Please vote on this and share this with your friend.

Read the article for more information - https://ambcrypto.com/bitcoin-btc-banned-in-india-reserve-bank-of-india-releases-an-official-statement/

Bitcoin is not dead now but tha value of it and also an altcoin was really down.I know its normal but I hope it will recover soon.

[luckybit1]

No bitcoin isn't dead. there was a greater crash in 2014. We won't know the genuine estimation of bitcoin till its utilized more in everyday back. The people group will hold their coins all through this, feeble hands and theorists with for beyond any doubt take off. Bitcoin is without a doubt not dead.

[killat]

As long as Internet will continue to exist,. Bitcoin will exist, too.

Due to market's volatility price can increase or decrease a lot and price is not stable, but this does not make Bitcoin die. It's just how crypto market works.

[ratnawide]

banning bitcoin in Indian country will not be able to stop the movement of bitcoin or make bitcoin die even though this country has a lot of bitcoin users it will not make bitcoin lost, maybe the price will decrease slightly but will not make it lose value

[fatirborju]

I think you are too negative thinking about bitcoin, bitcoin price down or bitcoin ends, if you do not know the truth about bitcoin do not immediately take the decision that India forbid bitcoin or crypto currency, And I'm sure soon the bitcoin price will increase...