Well bitcoin is still being used at its highest peak or even more in India. What is the huddle it got into, in India? Well many times they changed the budget and tried to put on hard rules and regulations over the bitcoin and rather the whole crypto currency usage.
They came up with flat 30% taxation rule in the budget 2022-23 thus making it even harder to trade here. Considering you end up loosing flat 30% in the trade it’s hard for Indians.
BUT, nobody is giving shit; some way or other everyone is still using Bitcoin and here and with more energy.
Screw 'em and let them sell if they panic. I'd like to grab some $10,000 bitcoin(or lower) if we ever get there.
"Everyone buys Bitcoin at the price they deserve" — some dude on Twitter. People who panic will likely buy back higher.
Definitely doing that. I will dedicate one salary if it goes down to 10k.
