this is bad news. the decision of the Chinese and Indian governments will make BTC's popularity fall. I know that China and India have different reasons when they ban BTC. but i believe. Crypto users will have many ways to make BTC legal. maybe demonstrations can make the Indian government change their decisions.
I think it will make bitcoin even more popular. Like when you tell a child not to touch something they almost bound to touch it. In fact, if you ask a child not to touch something consider it broken. Making things illegal has never slowed down its supply but it sure has increased its value since there is a risk factor involved. Even if they make mining illegal, you will still find illegal mining operations and currencies. You may even see a rise to Indian and Chinese made currencies to stand in resistance.
I agree.China has banned bitcoin before but it does not make a big effect on bitcoin.And now India is already leading to that way.I think if they both banned bitcoin in their own countries,it won't make bitcoin fall easily.There are still a lot of countries who are already into bitcoin and that people found bitcoin a very helpful tool in making their money transactions become efficient and convenient.