Will Bitcoin come down to $1K after India Govt Ban. Please vote on this and share this with your friend.
Stop making false claim that India Gov't banned bitcoin. Read articles clearly on what specific the news is.
The bankers did but the government didn't.
Even if the government doesn't ban bitcoin there are a possibility that they will think further about this and the banks will settle something to make the government ban bitcoin entirely in India, But if the government will be a pro bitcoin then I think they will let bank make a decision to just regulated bitcoin will something like taxing every transaction made with Cryptocurrency,
And for OP my opinion is bitcoin will not die because a country or bank ban bitcoin, it will still continue, Bitcoin just dip again to the movement that whales manipulating it,
Too many bitcoin users already in India and the government needs that power for taxation. Banks and the government are two different state and banks are businesses, competition is open in the economy and that's the reason why banks are worried about bitcoin now. Forget about the speculation of OP that bitcoin is dead now, it has been dead from the past and this statement isn't dying since then.