Quote from: pharaon on February 01, 2018, 02:09:06 PM

Quote from: Mudit47 on February 01, 2018, 01:38:28 PM

Quote from: Flexystar on February 01, 2018, 01:33:27 PM

Quote from: Mudit47 on February 01, 2018, 09:18:13 AM

Hey Guyz,
So finally indian Govt. announced bitcoin as illegal currency. And they will take action against individuals who will invest in it.

So what should Indians do at this time?
Should they sell their cypto before its too late, or wait if future hold something good for them.

Or if they donot sell then will it be safe to do transaction or use exchanges in india?

Or is there any alternate way to sell crypto without attracting Govt attention?

This is total crap.

Indian government has just released the official budget plan for the year 2018 which specified one point about the crypto currency. It just mentioned that their prime minister might think upon the crypto currency to be discontinued from the India but they also mentioned through their Finance Minister that they will take interest in the Blockchain Technology and will see if there is anything that can be done for the nation through that technology. This is all because Indian prime minister is having goals to make India digital.

Thats not negative news at all. God lord, I am tired telling everyone that the news is actually positive than negative. Have fun with it.

Statement was different do read it, acc. to FC its not legal to use cryptocurrency in india anymore and govt will do all they can to stop it. And they will also use block chain in new products for banks etc.

So they are stopiing crypto-currency not the tech.

You see the diff?

You yourself wrote that the country is going to introduce blocking technology into the banking system, etc. D. Is it really that bad? you do not need to think only negatively, nothing bad happened Wink

I am not being negative, personally I am holding all my assets till india unban it.

I know india will come around is Russia.