Quote from: ladydark on June 21, 2017, 02:19:05 AM

Thats really a great news.I am also from india.There has been a great discussion going on in government sectors for a long time whether to legalize bitcoin or not.India being the second largest populated country in the world would definitely have a positive impact on bitcoin progress.Already, we saw that bitcoin prise rose high after japan legalized bitcoin.

This actually came as a surprise for allot of members, since as you suggest, the government there is adamant in its legalization ever since... not the case now however! I praise this difficult but necessary addition. These are good waves for bitcoin value, and opportunity for its users in India.

While most were focused on Australia's own adoption and the coming Segwit vs hard-fork, this was severely overlooked.

Quote from: Shinpako09 on June 21, 2017, 01:38:23 AM

Quote from: cengsuwuei on June 20, 2017, 11:39:49 PM

i think is very good information if india country ready regulation bitcoin
but is not big impact to bitcoin price, if USA reagulated bitcoin, is very big impact to bitcoin price
because USA super power country, and big exchanger from USA, sample poloniex, bittrex and coinbase

It would still have an impact wether it's a big country or not. That would leave or have a good impression on bitcoin still. Adding them on the list of country regulating or legalizing bitcoin is a good one because other country might follow, big or not as long as they see other country doing that.

I do love it when psychology comes into play. It's a somewhat wide-scaled version of the bandwagon effect, where when one group is doing a trend(especially if that trend gives them a sense of "edge"), more groups follow suit. All good news for Bitcoin... for now.