Bitcoin drops

[indy1811]

Draft law proposes 10 years jail term for dealing in crypto currency

Reserve Bank of India Denies Involvement in Draft Bill to Ban Cryptocurrencies - CoinDesk

India is embroiled in rumors of a cryptocurrency ban that would have made cryptocurrency mining, trading, and ownership illegal.

www.coindesk.com

Reserve Bank of India Denies Involvement in Draft Bill to Ban Cryptocurrencies

 

[Vij]

Was on the bitcoin train for a year. Got down at the right time!

 

[ssslayer]

Bitcoin and other Cyrptocurrencies can never become mainstream - as long as we have concepts of nation states.
No govt will ever allow a shadow currency and parallel economy to become the mainstay of their public expediture.

 

[mav2000]

Any place to buy bitcoins now in India?

 

[adventureguy]

^ local bitcoins is the only option since govt made it illegal to sell/buy bitcoins

 

[tommy_vercetti]

^ local bitcoins is the only option since govt made it illegal to sell/buy bitcoins

It is still not illegal, bitbns is minting money

 

[tommy_vercetti]

Then your astrologer does not have sufficient knowledge

[emoji108][emoji108][emoji108] very good predictions, could have made some money

 

[chetansha]

[emoji108][emoji108][emoji108] very good predictions, could have made some money

It's not prediction. Based on technical analysis.

 

[chetansha]

So how much is it now

 

[tommy_vercetti]

So how much is it now

Just yesterday it was 8.6 something

 

[chetansha]

Where do u get this .

 

[tommy_vercetti]

Where do u get this .

1 BTC to inr: Bitcoin Price in India

Convert your BTC to inr. Get the best Bitcoin Price in India. Buy and sell Bitcoin in inr with features like fast KYC verification, fast deposits and withdrawal with 24/7 support

bitbns.com

 

[Sobirvs]

Where do u get this .

Not sure what really is your purpose in this thread if you are not aware or getting surprised by the value of BTC currently. Do you not check coinmarketcap atleast once a week or something?

 

[chetansha]

Not sure what really is your purpose in this thread if you are not aware or getting surprised by the value of BTC currently. Do you not check coinmarketcap atleast once a week or something?

I usually go by $ rates. Never checked indian value. Is that a crime to ask?

 

[chetansha]

Government panel suggests banning cryptocurrency, proposes penalty

An inter-ministerial committee has recommended banning cryptocurrencies in India along with imposition of fines and penalties on activities linked with private virtual currencies in the country.

www.moneylife.in

Enjoy folks.

 

[Sobirvs]

"Suggests".

And let's say even if it does happen, anybody who knows about crypto or has info on it, knows this cannot be enforced. I'd say good luck enforcing this. Crypto in nature how it works is just not possible.

And ban on crypto won't get the prices down or create FOMO, whoever has invested, has invested for a long term.

 

[panther]

I bought one bit coin when they were around 13000rs a piece now don't know how to sell them for cash any input?

 

[chetansha]

I bought one bit coin when they were around 13000rs a piece now don't know how to sell them for cash any input?

Buy gift cards from Amazon and re sell them on forums. That's what few guys are doing

 

[Futureized]

Buy gift cards from Amazon and re sell them on forums. That's what few guys are doing

Amazon India supports bitcoins ? or amazon.XXX ?

 

[chetansha]

Amazon India supports bitcoins ? or amazon.XXX ?

Not directly, but thru some other sites. I knew few guys who used to do it earlier.