Quote from: jakelyson on June 09, 2019, 10:37:32 PM

This ban is just a minor set back to bitcoin. Besides, it is just a proposal in India, not yet a full law. This remains to be approved. And China is still using bitcoin.

Quote from: joniboini on June 09, 2019, 08:26:21 AM

Quote from: Leh-Meh on June 09, 2019, 08:07:17 AM

Bitcoin fell to $3000. Not it is at $8000.

I'm not sure if the crash is related to these 'ban'. And even if these 2 countries did ban Bitcoin, there are still a lot of users.

Let's just wait and see what will happen, no need to predict when it dies. Lot's of news has been telling the same thing for years already.

It is quite obvious that the fear for Bitcoin ban in India is affecting the price of bitcoin right now. I just want to see how low the price could be driven because of this fear.

India it is quite new to crypto and it never establish well than of the other country. Basing of their economical status, it is really hard for them to adopt crypto rather than to stick into their old investment and so using local currency. And this won't give a huge effect into crypto prices.

We know China don't allow their people to use crypto since last year but their people tried to sneak away from this and even created exchanges. So even they ban crypto but they can't stop people to engaged and give support into crypto.