Quote from: Chandu141 on November 02, 2017, 03:41:58 PM

Quote from: Jochends on November 02, 2017, 03:31:38 PM

http://www.businesstoday.in/current/economy-politics/cryptocurrency-dealers-indian-rupee-bitcoin-usd-7000-exchange-rate/story/263187.html

On the other hand, market experts believe that closing down cryptocurrency dealers or exchnages is not the way to stop use of cryptocurrencies. Government will have to put a stop on buying and selling of crptocurrencies in cash. In the event of their closure, buyers can always head out to foreign exchanges, experts told The Economic Times.

in simple words, it's impossible for india to ban Bitcoin because just a panel members opinion about banning crypto like Bitcoin will never gonna happen or considered at all.

even if Indian government announce officially to ban crypto , well, we all have international exchanges and we all know what to do

Exactly,indian government is totally confused about bitcoin.Some times,it decides to take severe actions against it.Some times,it takes a sudden U-turn and forms a committee to give recommendations to legalize crypto currencies.

And now,another U-turn.Even if it bans bitcoin,still it could not completely stop bitcoin users from using it.I had already planned what to do if such a critical situation arises.I would just sell my bitcoins to my friend in dubai and just ask him to send money to my bank account.That's it.