The recent crash in bitcoins has been due to the ban on Bitcoins by the RBI that is the authority controlling all the banks that run in India.
One should know that they have stopped us from converting cryptos into fiat.
Zebpay and other bitcoins wallets are fighting this decision already.
Due to the personal threat thatRBI seemed to face through bitcoins they made a decision that is right now affecting all the people who are involved in bitcoins already and trust me the number is not something that could easily be neglected.
With so much money invested by the individuals in this sector one needs to know that instead of encashing out holding and signing a petition for this cause will do more good.
Just running could prove detrimental for bitcoins .
We should remember the fact that it's Not China ! We are not living in a dictator's rule and for the sake of bitcoins we need to stand up against this decision.
This is just an old issue about banning of bitcoin in India. I think there is nothing to do with the decreasing price of bitcoin. Remember that it started early month of this year and still on the process of recovering. Please provide a link for reliability.
Bitcoins have been facing so many claims and issues since the first day of their life. People are not accepting them and especially those people who are afraid that might be bitcoins would be the only reason for their drop. Like this one, definitely Indians would have an issue with bitcoins as everyone else does. But you are right, while spreading such information, we must share at least one authentic news reference with it.