Post
Topic
Board Speculation
Re: India just BANNED Bitcoin? Will BTC now crash?
by
Stolivie
on 21/08/2018, 10:13:14 UTC
India just BANNED Bitcoin? Will BTC now crash?

Why? I though India accepting bitcoin but I am wrong. This is not a good news for all of us. Will in my opinion, it will not affect bitcoin or it could not be a reason to crash. Bitcoin has many supporter or I mean they will not let bitcoin to crash. Many people is now relying to cryptocurrency and I think they will proctect it until the end.
I do not think so that people will think it is a crash if India has banned the Bitcoin and other cryptocurrencies. This is not valid and irrelevant if we are thinking like this because Bitcoin has more supporters all over the world and we have good news as well that Thailand has accepted it recently so the fresh news is very good and Indian banning is now old news for us to discuss.
I think bitcoin even did not crash after banning bitcoin by China where the investors are much more than any other country. Bitcoin is too much strong and banning by a single country cannot effect bitcoin too much, even If it will affect the bitcoin price it will be for some time and not permanent.