Bitcoin Forum
December 14, 2017, 03:31:17 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2] 3 »  All
  Print  
Author Topic: Governor of the central bank of India is speaking positively on Bitcoin  (Read 2211 times)
dsly
Full Member
***
Offline Offline

Activity: 168


View Profile
December 31, 2014, 12:43:27 AM
 #21

This is great. If BTC can spread to more populous countries like India/China than it's sure to grow.

Its already wide spread in China. Not sure about India. I think the major factor has been the volatility that steers people away.

1513222277
Hero Member
*
Offline Offline

Posts: 1513222277

View Profile Personal Message (Offline)

Ignore
1513222277
Reply with quote  #2

1513222277
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513222277
Hero Member
*
Offline Offline

Posts: 1513222277

View Profile Personal Message (Offline)

Ignore
1513222277
Reply with quote  #2

1513222277
Report to moderator
bornil267645
Sr. Member
****
Offline Offline

Activity: 406


AltoCenter.com


View Profile WWW
December 31, 2014, 03:02:20 AM
 #22

Bankers will never support Bitcoin, he's just blushing....

RocketSingh
Legendary
*
Offline Offline

Activity: 1288


View Profile
December 31, 2014, 09:46:29 AM
 #23

Bankers will never support Bitcoin, he's just blushing....

RBI is an autonomous regulatory body in India. They are not involved into public banking.

Muuurrrrica!
Member
**
Offline Offline

Activity: 84


View Profile
December 31, 2014, 10:20:51 AM
 #24

central bank talks good about bitcoin? Something isn't right here.
BTCXE
Member
**
Offline Offline

Activity: 70


View Profile WWW
December 31, 2014, 10:36:54 AM
 #25

This is really great news for the world's biggest democracy. I truly hope that indian states fully embrace crypto as the way forward

BTCXE.com  - The simple bitcoin converter
Sindelar1938
Hero Member
*****
Offline Offline

Activity: 490


View Profile
December 31, 2014, 12:36:58 PM
 #26

Rajan is a pragmatist and a realist. I am not surprised that he is not closed to the benefits of btc tech but this is hardly a stirring endorsement

LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148


In Satoshi I Trust


View Profile WWW
December 31, 2014, 02:17:02 PM
 #27

lets be realistic, bitcoin will be a rollercoaster and some countries will ban it when BTC becomes "a danger" (already happend). if this ban is successfull in a long run .... I'm in doubt about it.

http://techcrunch.com/2014/12/31/indian-government-censorsht/

sumantso
Legendary
*
Offline Offline

Activity: 1050



View Profile
December 31, 2014, 02:30:15 PM
 #28

People clutching at straws hoping Indians will buy up and increase prices. I remember when the Chinese bubble popped there were loads in the Speculation area who were convinced that the gullible Indians will buy up Bitcoin like crazy and make them rich. Somebody in particluar named Bitchick Husband (or something like that that) was absolutely convinced and put up bullet points explaining how India can not not buy up Bitcoins Grin

newIndia
Legendary
*
Offline Offline

Activity: 1344


View Profile
January 01, 2015, 09:08:45 AM
 #29

lets be realistic, bitcoin will be a rollercoaster and some countries will ban it when BTC becomes "a danger" (already happend). if this ban is successfull in a long run .... I'm in doubt about it.

http://techcrunch.com/2014/12/31/indian-government-censorsht/

The link u have mentioned is altogether different scenario. These sites were communicated to take down ISIS contents. They did not respond to the request. Then when they are blocked, they have started to respond. If internal security is compromised, action will be taken.... NORMAL.

botany
Legendary
*
Offline Offline

Activity: 1274


View Profile
January 02, 2015, 12:14:23 AM
 #30

I thought India was super against Bitcoin. What happened?

Im not sure if anyone is against it as of now.! I'd say most of them r naive about it.!

I wouldn't say central bankers are naive. I guess governors of central banks across the world would have heard of Bitcoin and would know exactly how it works.
lyth0s
Legendary
*
Offline Offline

Activity: 1246


World Class Cryptonaire


View Profile
January 02, 2015, 12:22:59 AM
 #31

The governor is open minded about bitcoin, not quite speaking positively about It. He is more interested in credit card payment with NFC.

Even so, that's a start.

Monero - Truly Anonymous Digital Cash. Bitcoin Reading List 2017
General_A
Member
**
Offline Offline

Activity: 70


View Profile
January 02, 2015, 01:03:25 AM
 #32

This is really great news for the world's biggest democracy. I truly hope that indian states fully embrace crypto as the way forward
I hope but I am very skeptical.

noob2001
Hero Member
*****
Offline Offline

Activity: 630


View Profile WWW
January 02, 2015, 01:32:53 AM
 #33

I 100% agree with everything he says, the amount of fluctuation revolving around BTC is ridiculous, I would rather the price drop to $100 and be stable rather than $1000 and unstable.

$100 is too cheap, and at that price bitcoin will be even more volatile.

cbeast
Donator
Legendary
*
Offline Offline

Activity: 1736

Let's talk governance, lipstick, and pigs.


View Profile
January 02, 2015, 04:01:31 AM
 #34

I 100% agree with everything he says, the amount of fluctuation revolving around BTC is ridiculous, I would rather the price drop to $100 and be stable rather than $1000 and unstable.

$100 is too cheap, and at that price bitcoin will be even more volatile.
Right. The lower the price goes, the larger percentage of swings we see. There was a time when 60% swings in a day were not uncommon. Now it's maybe as much as 10%

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
iGotSpots
Legendary
*
Offline Offline

Activity: 1498



View Profile WWW
January 02, 2015, 11:14:14 AM
 #35

India and China will both play a big part in the long term. Such huge digital markets

Going lower is only better for those of us that trade on percents instead of dollars as posted above, too

██████████████
██████████████████████
████████████████████████████
████████████████████████████████
████████████████████████████████████
██████████████████████████████████████
██████████████████████████████████████████
████████████████████████████████████████████
█████████████████████████████████████████
██████████████████████████████████████
███████████████████████████████████████████████
███████████████████████████████████████████
███████████████████████████████████████████████
████████████████████████████████████████████████
████████████████████████████████████████████████
████████████████████████████████████████████████
███████████████████████████████████████████████
████████████████████████████████████████████
██████████████████████████████████████████████
████████████████████████████████████████████
████████████████████████████████████████████
████████████████████████████████████████████
████████████████████████████████████████████
██████████████████████████████████████████
█████████████████████████████████████
████████████████████████████████████
████████████████████████████████
████████████████████████████
██████████████████████
██████████████
   .HealthyWormCoin.   |     Twitter
Explorer
   |       YouTube
Worm Shop
The worms need your help to grow!
sandykho47
Sr. Member
****
Offline Offline

Activity: 252

Knowledge its everything


View Profile
January 02, 2015, 11:17:44 AM
 #36

It's great news since india population is high  Grin
Let's hope india & other countries won't ban bitcoin  Smiley

Kemampuanku Tidak semua orang memiliki dan dapat melakukannya . Tidak memakan kaum sendiri . dan mempunyai kode etik yang tidak masuk akal.
General_A
Member
**
Offline Offline

Activity: 70


View Profile
January 02, 2015, 11:59:23 AM
 #37

I 100% agree with everything he says, the amount of fluctuation revolving around BTC is ridiculous, I would rather the price drop to $100 and be stable rather than $1000 and unstable.

$100 is too cheap, and at that price bitcoin will be even more volatile.


Too cheap on what metric?

sgk
Legendary
*
Offline Offline

Activity: 1204


!! HODL !!


View Profile
January 02, 2015, 12:35:47 PM
 #38

I thought India was super against Bitcoin. What happened?

There was nothing 'against' Bitcoin, the RBI had only issued a statement warning people of Bitcoin's risks and volatility.

Also, in their current statement I see no clear positive or negative response. They're acknowledging the future viability of digital currencies - but the whole world acknowledges it anyway. What would really mean as a 'positive acceptance' is a timeline to adopt to digital currency.


QuestionAuthority
Legendary
*
Offline Offline

Activity: 1722


You lead and I'll watch you walk away.


View Profile
January 02, 2015, 02:18:01 PM
 #39

I thought India was super against Bitcoin. What happened?

There was nothing 'against' Bitcoin, the RBI had only issued a statement warning people of Bitcoin's risks and volatility.

Also, in their current statement I see no clear positive or negative response. They're acknowledging the future viability of digital currencies - but the whole world acknowledges it anyway. What would really mean as a 'positive acceptance' is a timeline to adopt to digital currency.



Well, I guess neutral is better than negative.

botany
Legendary
*
Offline Offline

Activity: 1274


View Profile
January 03, 2015, 06:16:33 AM
 #40

I thought India was super against Bitcoin. What happened?

There was nothing 'against' Bitcoin, the RBI had only issued a statement warning people of Bitcoin's risks and volatility.

Also, in their current statement I see no clear positive or negative response. They're acknowledging the future viability of digital currencies - but the whole world acknowledges it anyway. What would really mean as a 'positive acceptance' is a timeline to adopt to digital currency.



Well, I guess neutral is better than negative.

The fact that he is neutral shows that he has open mind.
Good for Bitcoin
Pages: « 1 [2] 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!