Here we go again

[BitcoinPanther]

Any news can affect the Crypto Market because Investors rely on it. This news about India lifting the ban against Cryptocurrency will somehow encourage everyone especially investors to invest in Crypto since there will be more participating countries that will support Crypto.
On the other hand, the issue about coronavirus scare will eventually gone as the ongoing operation on how to prevent it or the development of its cure will affect how people will be freely roam around and decide on their transactions in Crypto.

[Kiefner]

Fortunately, the coronavirus did not affect the cryptocurrency market in any way. But the fact that India lifted the ban on cryptocurrencies is undoubtedly very good. Don't forget that the market can behave very unpredictably.

[jumail]

IMO, Covid 19 did not have a significant influence on the cryptocurrency market.
Although I don't know how much influence India has on cryptocurrency, I believe this good news can be one of the supporting factors for price increases. We also know that there are some potential projects from India, including Matic and Wazirx, which can have a positive impact of course.

[kaneki007]

I think this will affect the market going forward because this is one of the good news. More and more good news about crypto continues to arrive and I'm still optimistic that this year bullrun will occur or at least bitcoin will reach ATH again.

[NewRanger]

I think this will affect the market going forward because this is one of the good news. More and more good news about crypto continues to arrive and I'm still optimistic that this year bullrun will occur or at least bitcoin will reach ATH again.

no longer again cryptocurrency market will recovery to all time high, several good news already coming and maybe in near future another news will coming again beside bitcoin halving. market sentiment and psychology now starting recovery and investors confidence to accumulate their crypto amount.

[minairia3]

Instantly we can't get any update or positive response from any positive news. As coronavirus effected lately in the market after realize the effect of this virus. This news is very exciting news but this effect we will see in future or few months. Coronavirus effected in our economy then in our world.

Indeed it give some great response for me. India is one of the big country utilizing crypto and this will be marked as one of the succesful fight in cryptocurrency as goverment trying to apprehend what was not necessary such as ban for all its activity.

also know that there are some potential projects from India, including Matic and Wazirx, which can have a positive impact of course.

These two are projects of Binance IEO launchpad and knowing WazirX is an exchange market, I think it really helpful also as this news will bring more trust on their projects.

[lienfaye]

Every good news has an impact to the market especially there are many crypto users in india and now that the ban is lift expect an increase on demand for crypto.

However even it has a positive impact to the market as a whole, I think its not enough to forget the current issue that we are facing (pertaining to corona virus). Some users do believe this virus are the reason why the market is declining, though its not directly connected.

[TanakabZX]

There have been some changes after the ban was lifted, I heard traders start jumping in right after the ban was lifted and Bitcoin shows sign of recovery already, I'm surprised

[jostorres]

This is surely a positive news for all the blockchain firms, startups that are in India. This attitude might influence some countries that are very hostile to cryptocurrencies and its usage. All these together contribute to mass adoption of cryptocurrencies.

Perhaps there will be some more startup projects from India only because of this news. It is been seen that India has started showing some growth towards cryptocurrencies and this is really a good step for the future of cryptocurrencies. I really hope that many more countries which were on a verge to ban cryptocurrencies will also start taking some steps forward for mass adaptation.

In few coming years we might see cryptocurrencies on next level because they would really gain huge importance worldwide which would also constantly keep on rising the demand for the limited supply which would reflect in inflation of bitcoins.

[michellee]

I think this will affect the market going forward because this is one of the good news. More and more good news about crypto continues to arrive and I'm still optimistic that this year bullrun will occur or at least bitcoin will reach ATH again.

no longer again cryptocurrency market will recovery to all time high, several good news already coming and maybe in near future another news will coming again beside bitcoin halving. market sentiment and psychology now starting recovery and investors confidence to accumulate their crypto amount.

But we can hope that this year, the crypto market can increase so we can back to make a bigger profit. But yes, the market still now moving to the high price, and we need to still be patient for more. But once bitcoin price starts to rise again, that can attract more investors to come and invest in bitcoin and altcoin too. We will still have more time to see the crypto market recover and reach the ATH, but we cannot predict accurately when it will coming.

[trauchot]

It is difficult to say for now, but the cryptocurrency market did not show a sharp drop or a sharp increase, so most likely this news will probably affect the cryptocurrency market a little later, and in general very good news should give an impetus to the growth of the cryptocurrency market.

[inanilujimi]

of course it will have an impact on the market, look at this time some altcoins are starting to rise again, as positive news continues to grow among crypto, the market will respond favorably to that.

Nowadays hype plays a big role in the market. how we make the right choices will benefit.

[neokripto]

In fact, this is amazing news that suggests thoughts about the future of cryptocurrencies not only in India but also in the world. For example, this suggests the loss by banks of influence on power structures, in contrast to cryptocurrency Indian exchanges.

[akhjob]

Guys don't get hyped by the title "India lifts ban on Cryptocurrencies". Infact there was never a ban on Cryptocurrencies in India, only the Reserve Bank of India directed the entities under their control not to offer their services to individuals and businesses dealing with Virtual Currencies in Q2 of 2018. Now the Supreme Court has ruled it out that it's unconstitutional. Trading was done through P2P until now. However, this is still a good news and I don't expect a huge impact on the prices except for few Pumps.

[spike420211]

In fact, this is amazing news that suggests thoughts about the future of cryptocurrencies not only in India but also in the world. For example, this suggests the loss by banks of influence on power structures, in contrast to cryptocurrency Indian exchanges.

Whatever the news, in any case, positive because everything that is happening now in the world associated with cryptocurrencies is nothing but a preparation.
At the moment when a breakthrough revolution occurs, when everyone starts using them, we must have a ready-made infrastructure and people ready to use cryptocurrencies.
This is the key to the future in the cryptographic field.

[Mahanton]

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?

Not caring too much into these kind of news anymore where a certain country do ban or unban crypto as they like.Yes, this one do affect full adoption but we cant really stop these countries to act according
to their jurisdiction or views/insights towards crypto.Some might consider and some will ban it(just like that).On recent news about corona virus can be transmitted thru fiat notes?
Government will not surely consider making crypto as an option but rather they would create nor used traditional e-fiat ones.What you think?

[Crypto5060]

It's good to the overall growth of crypto. India is one of the most populated country, imagine the millions that the door has been opened to to continue to transact in crypto.

[cytpoway121]

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?

These are the news that i love to read in the crypto currency space, and its a big boost for the indian citizens as they get legal rights to trade bitcoin.
Likewise, i read the same news too about south korea approving the same information.

Then i wonder, did they hold a meeting together before approval ? lol, good number of investors coming onto the crypto space. I urge patience and calm trades.

[sana54210]

This is actually a historic moment for the Indians. I am sure this would give birth to a number of Indian exchanges running in the markets also the current most widely used Indian market named wazirx also showed significant growth in its price which made is possible for a lot of investors from India to make quick profits.

This is really a great news and I am sure it would also affect the price for bitcoins as well as other coins. This might also motivate other countries to start adopting bitcoins or to start regulating those. What I can understand after reading various articles is that India has uplifted the ban on cryptocurrency trading which is really good enough.

[xSkylarx]

It's good news and it will surely affect the market positively. There are lots of Bitcoin enthusiasts in the said country and they have been waiting for this perfect situation where they could buy and invest at a good price especially now that the halving is almost approaching. We all know that India has a huge number of crypto users and it will also benefit them if they will all resume investing and trading with cryptocurrency.