Quote from: horrifiedx1 on June 12, 2019, 03:59:36 AM

Quote from: coin-investor on June 11, 2019, 02:10:52 PM

Quote from: Ambucrypto369 on June 01, 2019, 11:42:43 AM

What will happen to bitcoin in india. whether it is legal or not.

Our main concern is what will happen to Bitcoin holders, they are the one who will suffer the most from this kind of law, imagine ten years and it's none bailable they will have to dump their shares or they will have to find a way to keep it from the eyes of the authorities.

if that really happens, I think investors are the ones who suffer the most. but a lot of the news that I read, it was just an issue, and not necessarily the truth. India is a big country, certainly not going to make a crucial decision

I dont see them suffering at all in their investment if they are very wise, they will simply just keep it from the eyes of the authority and remain anonymous about the whole investment which the system of cryptocurrency itself will assist them in this.

The only people I see this affecting is just merchants, who would not be bold to declare to people that they accept Bitcoin as payment, so we may not really see any merchant from India which will create less adoption, but for investment, the crypto will ever be active in India, except government wants to start checking houses one after the other to see what they are doing on system which is impossible.