Here we go again

[VDraci]

As of today March 4 India lift the ban on crypto, how is this going to affect crypto market? Coronavirus is still out there, is this good or not good enough?

[1715259449]

1715259449

[1715259449]

1715259449

[1715259449]

1715259449

[DabsPoorVersion]

Every positive news can affect the market,

This update they release to the public of lifting the ban of crypto in India can minimally affect the market since they can finally accepted crypto into their country.

And about the issue of Coronavirus, it affects the economy of big countries, so we should expect that this lifting ban of India is not good enough to help the market to recover.

[Questat]

The timing is good, this happens before the halving so for sure it would positively affect the price of bitcoin.
Wait for the pump, it will certainly happen, and this is really a big news, it's a fresh news so everyone has not read about it yet.

more information on the news : https://techcrunch.com/2020/03/03/india-lifts-ban-on-cryptocurrency-trading/

[michellee]

As of today March 4 India lift the ban on crypto, how is this going to affect crypto market? Coronavirus is still out there, is this good or not good enough?

We can hope that news can bring new hope for the crypto market to rise, although I doubt it can make the price soar to the higher price. But that is good news for the crypto, and maybe we will see something that will happen through the crypto market. Coronavirus is a different matter, and I don't think that it has connections with the crypto market. But we will see it later, and if the price can increase so high, especially for bitcoin price, then that will be good for us.

[Ailmand]

This is good news because there are a lot of crypto enthusiasts in India and their government uplifting cryptocurrency ban can affect the market. The Coronavirus spread has an indirect effect on crypto since big countries' economies had been affected.

[Palider]

Well, this will have good effect in Bitcoin Price and also in some reputable altcoins. But I don't expect bigger change in price because I think some investors are looking for right timing to buy bitcoin at cheaper price that's why growth will not boom immediately.
And this is good because India now knows the good use of bitcoin and crypto currency to thier country which will help to country collecting tax and to improve thier economy.

[TravelMug]

As of today March 4 India lift the ban on crypto, how is this going to affect crypto market? Coronavirus is still out there, is this good or not good enough?

Definitely, news like this will bring positive effect to the market. I still remember when there was a lot of negative news about India banning crypto and as far I can remember people are rallying outside to petition and lift the ban.

As for the effect, might not be drastic though, but at least this this will bring some optimism not just in India but around the crypto community as well.

[Fesatmas]

If a country lifts its ban on bitcoin then that's good news because the country as a whole will legalize in its own country especially in India of course this will have a positive impact on the price of bitcoin on the market maybe there will later be a pump.

Hopefully other countries do the same as this which lifts the ban on holding bitcoin.

[Kemarit]

The news is all over the community, seen a lot of thread in the Bitcoin Discussion board. It's understandable though, as many of our Indian crypto enthusiast did fought this ban and now hearing this beautiful news, it really makes everyone feel very positive as well.

Although we still have the corona virus scare that somewhat cause the price to be affected, with this kind of big news, I'm sure that the market will see some good spike and who knows, maybe we can get to that five digits again.

[strunberg]

The timing is good, this happens before the halving so for sure it would positively affect the price of bitcoin.
Wait for the pump, it will certainly happen, and this is really a big news, it's a fresh news so everyone has not read about it yet.

more information on the news : https://techcrunch.com/2020/03/03/india-lifts-ban-on-cryptocurrency-trading/

we have two good news now for market recovery and bullish trend. halving and unban from india government will give more confidence for cryptocurrency investors. when all price in deep and good news coming it could be main trigger now. several months again we will bitcoin trying to recovery to its all time high.

[Ridwan Fauzi]

I got this  news at this morning and I felt so good to see every part on the artcile.

I'm so glad if there is a country who ban cryptocurrencies before and they pull the decision to accept cryptocurrency, which is mean there is something good in cryptocurrency.

Although the Indian Government need almost two years to make a decision that cryptocurrencies are safe especially for trading place, so I hope this news will attract a lot people there to cryptocurrency.

[thiscomm]

in my opinion this is good news for crypto users in india. because with the release of crypto there will make it easier for miners there to return to actively using their computers and get back to work. and corona virus is not a threat to crypto users because they don't need to go out enough in front of their computer and it's inside the house right.

[rodskee]

actually this was first Published in this Section https://bitcointalk.org/index.php?topic=5230253.0 and seems to be having a Good response because we cannot deny that there are many Indians that participating and investing in cryptocurrency so having this Lift will lead to more possible reinvesting and also best way to celebrate the Halving season.for almost 2 years of banning the people of India now can make their way inside the market with heads up not like what they are having in previous years.for me?this is a More than Good enough to make celebrate and expect a increase in market prices and capitalization in the next days.

[Thomas-s]

I saw this news but I do not think that it will somehow affect the market. I think that we should not pay attention to such announcements. Of course, this slows down the mass adoption of cryptocurrencies a bit, but we all understand that mass adoption will come and most likely the ban in India will be lifted after some time

[joseyphil82]

India lifting ban on crypto can't be compare to China lifting ban on crypto, do not expect huge changes to Bitcoin and crypto market just because india lift the ban, there won't be huge impact about this

[FaithInCrypto]

Lifting the ban will surely affect the cryptocurrency even if it's minimal. The COVID scare still exists so news about this might have a little impact on the rates on cryptocurrency in the crypto market but still without the ban people from India will surely take a look at how crypto works. As far as I know, a lot of India people are into cryptocurrency so I think the positive news will at least make them at ease in investing their money in cryptocurrency since it is legal now.

[Paycheck]

I laugh at how any country thinks they can ban cryptocurrency.  Anywhere there's a network connection, crypto is UNBANNABLE. 

If the USA banned crypto, do you think I'd stop?  Hell no.

[joeperry]

That's a great news we know that India has a very large community specially cryptocurrency users this ban lifting in regards with cryptocurrency will bring the market investors from India not just in trading as well as to projects that is related to cryptocurrency.

In regards with the corona virus I don't think there's an effect of it to the market or to the cryptocurrency industry, true that we're still looking for cure to this but I don't think that the virus has a big impact to the community of cryptocurrency users.

[bgaf]

As of today March 4 India lift the ban on crypto, how is this going to affect crypto market? Coronavirus is still out there, is this good or not good enough?

This is expected. I think no countries that have declared ban can sustain that rule forever. Everybody knows that cryptocurrency is becoming main stream in terms of business and trend. Not just that, the tech behind it is really helpful so these countries such as India would think twice not to be in the league of other countries.

there won't be huge impact about this

Your wrong, fundamentally it will help in the increase of price of coins on the market. This kind of news usually become a reason for traders to pump the price but I dont like the thought of this. Though I assure you it will help a lot and good news for Indian crypto enthusiats and traders.

[YinShuiSiYuan]

As of today March 4 India lift the ban on crypto, how is this going to affect crypto market? Coronavirus is still out there, is this good or not good enough?

And this is very good news! India is a very large market so it will have a very big impact on the price of Bitcoin. I think this type of information will start the bull run this year. Well done India!