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Question: Will Bitcoin will come down to $1K after India Govt Ban
Yes - 7 (12.1%)
No - 49 (84.5%)
Maybe - 2 (3.4%)
Total Voters: 58

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Author Topic: Is Bitcoin Dead Now  (Read 633 times)
herfie.chen
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April 06, 2018, 03:49:16 PM
 #61

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.

Yeah i agree with you, Bitcoin will never die and bitcoin will remain there as long as there is internet in this world. I do not think Bitcoin will return to the price of $1000 and I do not think that will happen.

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April 06, 2018, 03:51:56 PM
 #62

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/
Of course not! I believe that India will not be able to influence the price of bitcoin by its actions. If that happens, it would be very strange.
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April 06, 2018, 03:56:32 PM
 #63

No, Bitcoin won't be die, it maybe unstable for sometimes. As we have seen that if one country banned bitcoin than other country would take advantage over it. Like Indian Exchanges have released that if India do it than they will move to other country. For example -- Zebpay CEO said that" Their company will move to Singapore as registered Entity and also one more exchange will move to Australia. 
Most of the conditions of Bitcoin do experience the instability of Bitcoin prices. This is why Bitcoin prices sometimes increase and then decrease dramatically. Some people who do not have a good level of confidence will surrender to the condition, they all fear that when a decline in the price of Bitcoin it will cause destruction. Yet when Bitcoin is still trusted by the public and there are still many transactions using Bitcoin then Bitcoin will still exist.
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April 06, 2018, 10:24:15 PM
 #64

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,
Too many bitcoin users already in India and the government needs that power for taxation. Banks and the government are two different state and banks are businesses, competition is open in the economy and that's the reason why banks are worried about bitcoin now. Forget about the speculation of OP that bitcoin is dead now, it has been dead from the past and this statement isn't dying since then.


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sadwage
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April 06, 2018, 10:29:05 PM
 #65

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/


 no its never gonna happen that's bitcoin back in they old price its always happening in this crypto world thas the price of every coins go down and up in the market.
kimochidesh
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April 07, 2018, 12:56:10 PM
 #66

That’s completely fake news. India did not ban Bitcoin. It’s just that the central bank has asked the commercial banks not to deal in any crypto assets. So you could say that banks have banned Bitcoin, but not government. And why people are ignoring the fact that cryptocurrencies are decentralized, it does not need the approval of any authority to operate.
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April 07, 2018, 02:17:57 PM
 #67

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 don't think bitcoin is dead. bitcoin is still exist even now.
the news said nothing about government that banned bitcoin. that is only your assumption and FUD.

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April 07, 2018, 02:25:56 PM
 #68

BTC is resurrecting, it should be at the end of 2018, the BTC may exceed the previous price, and 30,000 usd is also very likely.

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April 07, 2018, 02:29:12 PM
 #69

The price could certainly dip but not dip so low to come down to $1k. The market forces that equally benefit from the price will want to keep it up a bit.

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April 07, 2018, 02:35:13 PM
 #70

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/
The Indian government has not banned bitcoin, which has not had a significant impact on the price of bitcoin, which has risen today at a price of $6,800. I don't think the price of bitcoin will go down to $1, which will cause the entire encryption market to collapse, and many of the encrypted currencies will die.
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April 07, 2018, 02:38:05 PM
 #71

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/

This is a fallacy, the indian government didn’t do such thing, they didn’t banned Bitcoin, the banks did. And not because the indians are banned doesn’t mean it will die.

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April 07, 2018, 02:43:33 PM
 #72

LOL come on, this is the 50th time that Bitcoin is dead?

It's not dead; a typical mix of FUD and FOMO up and down and up and down and up and down...
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April 07, 2018, 02:51:54 PM
 #73

Just looked at the voting results. Also, as expected) Most people understand that to make the bitocin price to fall to 1 thousand dollars, more serious news are needed. News from India of course negative, but not so much.

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April 07, 2018, 03:00:42 PM
 #74

No, Bitcoin is not dead now.actually it is a feature of Bitcoin that its price increases and decreases frequently.at present the price of Bitcoin is low. This doesn't mean that its price will never increase again. so do not worry and keep investing in Bitcoin.
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April 07, 2018, 03:13:32 PM
 #75

bitcoin will not die, even with fake news like that, just make bitcoin stronger and can not be stopped. the progress of time is very fast. bitcoin also so. Indian news blocking crypto currency is fake. they just want to drop the bitcoin. so they can buy at low prices. that's an old excuse to drop the price. because bitcoins run without rules like fiat currency.
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April 07, 2018, 03:52:43 PM
 #76

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

true, for as log as there is cryptocurrency there will always be bitcoin. and itbis true that banning bitcoin from other countries cannot cause the crash of bitcoin..it may lower its value but it will not die ..surely bitcoin wull continue to grow.
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April 07, 2018, 04:04:13 PM
 #77

Another FUD thread. Yes, bitcoin is dead but fortunately it have unlimited life. So every time a newbie kills bitcoin, it resurrects back.

At least know the facts OP before declaring bitcoin is dead in your thread title.
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April 10, 2018, 10:34:15 AM
 #78

Omg, this is the first time I’m seeing this. I don’t know if the price will drop, but it has been low since this year, but I just pray that it doesn’t drop more. I do remember that this is not the first time that a country is banning Bitcoin, it has happened several times. This might in a way make the price drop a bit, but I believe that it will pick up in a short time, cause that’s what it always do. I just hope that this doesn’t prevent some Indian investors from investing on Bitcoin.
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April 10, 2018, 10:44:49 AM
 #79

I actually don't think about India as an extraordinary expert in the digital money advertise. The Indian federal can't altogether impact the bitcoin conversion standard. Presently there are|Right now there are Generally there are different variables for this. No compelling reason to surmise that bitcoin is dead. The mollification in its esteem can be known as the momentary peace before a violent upheaval. Vacillations in its cost is normal.
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April 12, 2018, 01:31:17 PM
 #80

Do you really think that banning Bitcoin by one of the states can seriously influence its rate? Not a single state can stop crypto – revolution. Even not a single alliance of countries. The most important thing is that Bitcoin is supported all over the world.
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