Bitcoin Ban in India ! Is This a pre-planned game or a Trap
We are discussing about Bitcoin Ban in India for a long time by Indian government.. I have a doubt, Is Indian government really want to Ban Bitcoin & cryptocurrency? Or this is a pre-planned game playing with us. The Bitcoin price is folling down from about $19000 and after the releasing a press circular by the Reserve Bank of India (RBI) saying that they will no longer provide the services to any business or people who are associated with cryptocurrency. The Bitcoin price is folling down very fast and at present the Bitcoin price is about $6000.!
I think it's a game playing with us by the large investors (smart investors) . They want to invest in Bitcoin at cheap prices. So they are releasing various types of notice against the Bitcoin to take its price down. So that they can buy Bitcoin at cheap price.
Thanks, it's my opinion about Bitcoin Ban in India. What is your opinion please share your opinion in comment box below.
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Alok baba if bitcoin banned in india price will reflect or not?
It will definitely reflect but still it is not confirmed that Bitcoin will be ban in India.
i got it
@alok25 I think its a trap beacause China has banned the Bitcoin Exchanges and the Preliminary Coin Prasad (ICO). And when India is not a big player, it only serves as a reminder of headache of industry heads. It is keeping short-term investors out.
Yes dear you are right. It's looking like so that we are thinking. It's a trap. they want that we sold our Bitcoin and price fall down so they can buy it at a cheap price.
Calm, Cool and relax, it will bounce back.
I hope India will regulate it. Fingers are crossed
I hope too.
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what do you think??
My opinion is written in my post above. ...about how the large investors are manupulating the price and markets of bitcoin. They are playing a game by releasing news against bitcoin so that we sell our bitcoin and its price fall down and they can buy bitcoin at a cheap price....
Some of them try to manipulate the market
Yes some smart investors are doing so..