Government is working hard to discourage people trading in Bitcoin and Altcoin.
Some of the recent news include
Finance Ministry issuing continues warnings against the risk of trading in crypto. They have even compared it with ponzy Scheme.
"IncomeTax turns gaze to cryptocurrency, finds 6 lakh active traders, most under 35 years" headlines the Indian Express.
Also some of news stated that the RBI has informally informed banks to chock the transactions related to crytoexchanges which has made many of the exchanges halted deposits and withdrawls.
This seems the govt is creating situations difficult to trade. Hope it end well and not like china. 
Congratulations @adityamalik! You received a personal award!
Click here to view your Board of Honor
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @adityamalik! You received a personal award!
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!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit