Quote from: HasHe on June 28, 2017, 06:53:28 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

India is the world's second largest populated country.India legalizing bitcoin would promote more indians to use bitcoins and definitely there would be a great increase in demand for bitcoins,thereby creating a direct positive impact on bitcoin price.

Don't underestimate India and power of billion people, if they get into crypto world we can see many surprises. If India regulate bitcoin, people there will be able to start bitcoin businesses legally, that means a lot for bitcoin economy, this would be undead great impact on bitcoin community. Even I'm not a supporter of governments, I know how big influence legalization of something have on ordinary people, this is a great promotion for bitcoin and people who didn't know nothing about bitcoin will get into easier when they know that government stand behind it, probably people will feel much safer with using btc.