Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will be junk/trash after ban in 2 big countries
by
Altero
on 12/06/2019, 14:13:57 UTC
Bitcoin got banned in India and China so Bitcoin is worthless in these 2 countries. People of India will lose $10,000 or $100,000 if they do not get buyers in other countries at $7000.

But who will buy 1 Bitcoin for $7000 ??  Grin  Insider's Information for Gold and Silver

Bollywood superstar "Amitabh Bachchan" earned multi-million dollars by starting a Bitcoin company.

India? wtf
this country does not have a big role in cryptocurrency
but china yes, because most bitcoin hashs are owned by Chinese miners
so if bitcoin is banned by China goverment of course this will have an impact on bitcoin/cryptocurrency
but india? are you kidding me??
Yes,  they aren't big but they contribute something into the community in bringing crypto into their country.  Though they aren't that big but its still a lose of crypto.

But China will surely give a huge impact into the market, might we be able to see huge decrease if they'll be banning crypto. They announce it before(banning) but somehow their people are still taking a part of this making a way to hold back crypto into moving up again.