Maybe we should make a Q/A form Benson with what info (answers) should be given to authorities based on the questions they asked from Mahin and coin monk. Could come handy to BIG coin holders and miners here in India, in case of a random raid.

I can ofcourse see the early adopters disagreeing with me as they would have mined or earned a lot of btc while btc was very cheap or have purchased btc at very cheap rates, and they may have a few thousands of bitcoins that are sitting in their wallets and are willing to offer as much time needed for authorities to issue their statements as it kind of does not matter how long such statement takes to come out as it is not really necessary for them to sell bitcoins on daily basis and they would also have plan B of encashing bitcoins slowly in their life time at foreign exchange and getting the money to india just in case bitcoins gets termed as illegal in India. If you do not belong to this category and are depending on offering some products or services to make some bitcoins while equally loving bitcoin and india, you would not like the present situation of bitcoin being stagnant and you expect some actions at regulatory level as soon as possible so that you can move ahead with your projects and I belong to this category