What crypto currency traders should do after RBI's dik'tät

in #bitcoin • 6 years ago

What crypto currency traders should do after RBI's dik'tät

india-bitcoin.jpg

According to RBI guidelines, investing in Bitcoin can be fatal after April 5, 2018.

supreme-court-india-bitcoin-ban.jpg

The RBI has said that investment in bitcoin and other crypto currency is equal to gambling and if you do so, then it is illegal and you may have to face heavy losses.

banned.jpg

If you can be a victim of fraud, then you will be responsible for yourself, because no court has ever been appointed to solve such disputes in India.

Government of India also decided to close the crypto

RBI is constantly warning the Indian nationals that you do not invest in bitcoins, do not invest in crypto currency, this can lead to huge losses. Many people are victims of fraud. You may be losing your hard earned money

So do not do that.

image.png

The RBI has also banned the banks which were supporting the crypto currency.

And income tax said that the notice has been issued to those people who have been making big investments in Bitcoin or Crypto currency or are doing.

So be careful if you do this, then you are also under the scope of doubt.

#cryptocurrency #steemit #life #blockchine
6 years ago in #bitcoin by
$0.04
  • Past Payouts $0.04, 0.00 TRX
  • - Author $0.04, 0.00 TRX
  • - Curators $0.01, 0.00 TRX
13 votes
Reply 6
Sort:  
  • Trending
    • [-]
     6 years ago 

    Congratulations @hemaram! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

    Award for the number of upvotes received

    Click on the badge to view your Board of Honor.
    If you no longer want to receive notifications, reply to this comment with the word STOP

    To support your work, I also upvoted your post!

    Do not miss the last post from @steemitboard:
    SteemitBoard World Cup Contest - The results, the winners and the prizes

    Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

    $0.00
      Reply
      [-]
       6 years ago 

      Bitcoin should not be banned ....

      $0.00
        Reply
        [-]
         6 years ago 

        it's old news.. cryptocurrency hasn't been stopped, but just the INR transaction (deposit/withdrawals in RBI approved banks) has been stopped.. Peer to peer hasn't been stopped nor it can be stopped. It will be regulated after some time for sure, as no one can stop it

        $0.00
          Reply
          [-]
           6 years ago 

          @hemaram you were flagged by a worthless gang of trolls, so, I gave you an upvote to counteract it! Enjoy!!

          $0.00
            Reply
            [-]
             5 years ago 

            Congratulations @hemaram! You received a personal award!

            Happy Birthday! - You are on the Steem blockchain for 1 year!

            You can view your badges on your Steem Board and compare to others on the Steem Ranking

            Vote for @Steemitboard as a witness to get one more award and increased upvotes!
            $0.00
              Reply

              Coin Marketplace

              STEEM 0.16
              TRX 0.16
              JST 0.030
              BTC 58211.02
              ETH 2483.87
              USDT 1.00
              SBD 2.37