Hope for Crypto Ban in India

in cryptocurrency •  7 years ago  (edited)

I don't know many things but I hope that in a period of few months cryptocurrency will be legal in India. You can say this is my hope or whatever you want to say. All this is my analysis by observing and thinking about all the activities going around, it gives a sign of legalization of crypto in India. Time may be taken but it will be legalize soon.
India Legal.jpg

Hope for the best.

Thanks to all steemians giving support to my hope. Hope for a better future. Continue Steeming with more power and energy...... Enjoy the steem power with freedom of finance.

Love Steeming

Footer mehta.gif

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Insanity!
Rather than explore and exploit this amazing technology, they choose to ban it.

More than insanity they want to keep the money and keep it with the riches. That's a strategy unfortunately they are not aware that India is not in the 1940's - I am beginning to believe the 80:20 rule will gradually change in the long run ! just a thought - lool The banks are opposing cryptos too coz they are the one's lending the money they dont even own! they are just middlemen and scam people of ...on a more deeper level cryptos can bring in a HUGE transformation

@mehta i also think that bitcoin will be legal in india soon. I think big players are playing their game in india. Because they need the right price for entry. For that right price they need some reason right, that's why they are creating all these news. That's my thought. What do think @mehta?

Yes, correct i agree 100% with this thought.

cryto should get legal in india @mehta @dhanjkalita

In real life we don't know what will happen to next second but we believe ,we have faith ,so we try to build our future.Be positive

yes we can say B+ go ahead...

क्रिप्टोकरेंसी भविष्य की मुद्रा है,अगर दुनिया की महाशक्तियां इसे और इसके प्रचलन को स्वीकार कर रही हैं ,तो कहीं न कीं आने वाले समय की ये एक धुंधली तस्वीर है! भारत सरकार या कहीं की भी सरकार इसके लेन -देन को केवल बैंक से रोक सकती है,लेकिन इसके नकद लेन -देन को रोक पाना काफी कठिन होगा,क्रिप्टोकरेंसी मुद्रा स्थानांतरण को काफी सुगम बनाती है,और कहीं न कीं इसमे प्रत्येक देश का एक बेहतर आर्थिक भविष्य छिपा हुआ है,रही बात की यह आतंकवादी या घोटालेयुक्त गतिविधियों को बढ़ावा देगी तो इस बात से मैं पूरी तरह असहमत हूं,क्यौं कि ये गतिविधियां तो fiat मुद्राओं से तो कब से होती चली आ रही हैं|किसी भी देश में अगर कोइ कदम उठाना है तो इन मुद्राओं को ban करने की जगह बेहतर तकनीकी रूप से इसके प्रचलन को regulate करना चाहिये,और जितनी भी नयी ICO से scam हो रहें हैं इन्हे रोकने के लिये रोबोट्स का इस्तेमाल किया जाना चाहिये| किसी ने सत्य कहा है:
"The best way to escape from problems, is to face them"

kya baat hai aapki @atuldwivedime. aapka jawab nahi.
Aapki thinking bahut hi achchi aur thik hai. Govt ko crypto ke liye positive decision to lena hi padega. Aapke comment ke liye Dhanywad.

मेरे support के लिये आपको भी बहुत बहुत धन्यवाद!

@mehta...government k pass koi rasta nahi h ligal karne k sivay...isko lamba latka sakti h but aaj nahi to kal ligal karna padega and international community k sath chalna padega

On 1st Week of July we will solve the Crypto Issue of India – (Subhash Chandra Garg, Economic Affairs Secretary of India INDIA)

https://steemit.com/cryptocurrency/@important-to-us/on-1st-week-of-july-we-will-solve-the-crypto-issue-of-india-subhash-chandra-garg-economic-affairs-secretary-of-india-india

@atulwivedime On 1st Week of July we will solve the Crypto Issue of India – (Subhash Chandra Garg, Economic Affairs Secretary of India INDIA)

https://steemit.com/cryptocurrency/@important-to-us/on-1st-week-of-july-we-will-solve-the-crypto-issue-of-india-subhash-chandra-garg-economic-affairs-secretary-of-india-india

Most welcome!!!!!!May God make some +ve

@mehta I also don't think india going to ban Bitcoin. And if they ban that we as an Indian going back atleast 5 to 10 years in terms of technology.

As atun jetly sir already said we are thinking on the ways to regulate cryptocurrency.

So I am sure India not going to ban it. But still RBI not allowing Banks to give their services to crypto exchanges will surly create problem after 5th July.

Let's see what will happen on 5th July. May be next date will be announce for hearing. But till the time no decision come from supreme Court we have to face little problem for fund withdrawal after 5th June.

I would like to know your thoughts on the same.

Buy the way I am one of your follower. I like your photography. Your photos on steemit is very different from other photographers here at steemit.

@airdrophunter You point of view & thinking is very clear.
I like your comment. Keep steeming.... Enjoy :) :)

@mehta I am totally agree with @airdrophunter
Here's the detailed video
On 1st Week of July we will solve the Crypto Issue of India – (Subhash Chandra Garg, Economic Affairs Secretary of India INDIA)

https://steemit.com/cryptocurrency/@important-to-us/on-1st-week-of-july-we-will-solve-the-crypto-issue-of-india-subhash-chandra-garg-economic-affairs-secretary-of-india-india

@mehta Sir forgot everything whats going on In india about crypto ban And Try to buy Coin at Cheap price I Think every thing will be stable within some month..

Thumbs up for your thoughts. Cheers!
:) :) :) :)

@mehta ,

If crypto will ban in india , why would M. Ambani invested in his own blockchain and india's first crypto asset(according to my knowledge) "JIOCOIN"?..
He must have known something positive news about the SC result that we don't know..right?

So , we shouldn't come in trap of anyone , should #HODL !
What do think sir ?

I am too much positive about legalization. This is temporary phase and it will legalize soon. Because the big investor from India have to invest in crypto currency so they ban it through govt. and after their proper quantity buy they open the ban from India. Cheers!
Or say i have 6th sense, it will open soon.

@mehta Very soon we will hear good news about crypto

  ·  6 years ago (edited)

Yes , I'm also much positive about legalization & we are stand here .Waiting for 20 July.Hope result from SC as same as we wanted. @mehta

Rightly said @srkcryptoworld

is "JIOCOiN" real project or just a rumor?

I dont think so , M. Ambani's son Akash Amabani is working with 50 blockchain developers and they have completed the developement.
Also i read somewhere that INFOSYS is working with 7 indian banks to implement india's blockchain based banking system..lets see what will happen after 20 July

Hopping for the good, rest is finger crossed. Thanks for the information.

ofcourse future is in BLOCKCHAIN, everybody knows that so will India.

JOICOIN, as far as I know it is just rumor.

I cant say its the one we are talking about...but here we goes https://jiocoins.io

Wow you are so positive man.. god bless you.

According to me The game Between RBI and Government will come to an end very soon. Bitcoin is basically an important asset of Japan which is a key friend of India and has a provided a loan to India at a low-interest rate. If India will Ban Bitcoin and other cryptocurrencies then the direct impact will be on the Japanese economy and they will have to face a downfall. So automatically the conclusion comes out that if India wants to maintain healthy relationships with Japan then it will not Ban bitcoin in any situation.
In a few days to come India will definitely make bitcoin legal with tax imposition. This will become the major revenue generating source for the country as cryptocurrencies are the future of the nation and one has to accept this fact.
Please let me know your views! Thanks

You are thinking correct, the Govt. can't ban it for long term. It will be open soon with some regulations and tax.

@ankitgoyal09 your @mehta @vaishykrishan There is no point of Bitcoin Ban in India, Pls go through this video U will get the right AnswerOn 1st Week of July we will solve the Crypto Issue of India – (Subhash Chandra Garg, Economic Affairs Secretary of India INDIA)

https://steemit.com/cryptocurrency/@important-to-us/on-1st-week-of-july-we-will-solve-the-crypto-issue-of-india-subhash-chandra-garg-economic-affairs-secretary-of-india-india

i thing crypto not ben in india. because india is big marketvin the world and crypto in future in india so dont warry all people

yeah, i hope the same but my concern is bitcoin's price which is dipping down so quickly and significantly . What's you take on that?

I think it may go upto 5400$ only after that it will recover.

@Mehta..i don't this is going to happen in near future..but i agree that one crypto currency will definitely legalise

I reckon it will take a while for that to happen. But with the kind of transformation cryptos have brought in t and with the growing awareness of people - the government will have to sooner or later regularize it. I dont think it should be a cause of worry - patience is going to be a key here! :)

Yes, you are absolutely correct.
Thanks for sharing your view @siddheart.

hindi me bhi likh sakte ho boss. english thodi sikh lo fir likhna

Regulation draft is already ready and very soon you will hear great news on crypto getting legal in India . :)

👍

ON 3rd july we will know about the future of crypto currency in #INDIA

Are you sure?If news are same as before then what should we do?

Why India is not ready to accept Cryptocurrency.Huge money invested in cryptocurrency but could not withdraw in bank account.When will come good news ?

@mehta I buy bitcoin 800000 rs. What i do.please sug. Me

Buy more than 16L at now.
Cheers!

@mehta you are right but i have one question what do you think about price prediction of btc

Lower side $5400, higher side is open no boundaries.
Enjoy the crypto.

You got a 31.96% upvote from @oceanwhale With 35+ Bonus Upvotes courtesy of @mehta! Delegate us Steem Power & get 100%daily rewards Payout! 20 SP, 50, 75, 100, 150, 200, 300, 500,1000 or Fill in any amount of SP Earn 1.25 SBD Per 1000 SP | Discord server

@mehta All things is politics.
koi bhi Govenment apane logo ko Daar me rakhana chahati hai.

Vo pehale Daar paida karenge and Fir khud entry lenge.
And in india, Politician never want Decentralize system..

I hope it get legalized cause I don't see cryptos as something bad.

@mehta i don't think that bitcoin ban in india. Minister wants bitcoin price will down and they will buy it

Loading...

#mehta i wish this time it will happen

@mehta If crypto(bitcoin) gets illegal in India, then our country will get more 50 years behind the entire world ,as Cryto is being open handedly adopted by big powers like USA and Russia.So, it would be a very stupid move by our government to ban crypto/bitcoin.
So, beacuse of this reason I can never imagine bitcoin to get banned in India. My message to people would be to HOLD YOUR BITCOINS and I doing so.

Mehta ... i think ban crypto......

@mehta I am sure enough that bitcoin will get legal in India. There was a news that a committee was setup regarding bitcoin in India and every member was positive about legalizing bitcoin in India. At this time when each and every country is legalizing bitcoin, India is trying to stop it, if it happens, India will surely leave behind in developement. Lets just hope for the best !!

@mehta
It is sure that the case filed against the RBI decision will be in the favor of the exchanges, but on what conditions the ban will be removed, that is the main question?
What do you think about this?

Bank is crumbling with their own policy all over the world. World is moving towards crypto acceptability and one currency for whole world. So india can't be left behind.

@mehta are you indian or can you help me for more information about steemit.

Great news @mehta sir. Really glad that soon crypto is going to legalise. It would generally lead to a revolution in other Asian countries. And our country will soon be doing the same. Thanks.for.the news

Crypto can recover easily if India will make it legal

Hoping the same.

You got a 40.46% upvote from @upmewhale courtesy of @mehta!

Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!

Crypto should be legal in india @mehta

But its not sure india Will ban décision is pending On 5th july Watch what happend
Anyway ï follow u and upvote u now sir plz Help me to grow up in steem

@mehta What is u r opinion can we buy BTC or hold for more dip

We should buy on every dip now. This is very good price for buy. Buy your 50% here and if it will go 5400$ buy rest 50% else buy on $7200. It will be better.

I agree - every dip could be a buying opportunity ! but then one key factor will be not being fearful and having the patience..it cant be for the weak hearted :)

Its time to buy bitcoin and hold
The bull Will back

hello sir ,it was useful and awaking for us.sir can you please tell me that bitcoin mining is legal in india?

if india wants to develop in world he should adopt crypto -currency when people r giving there will to disclose there a/c of trading etc ,what is the difficulty to govt to legelize this crypto. There may be possitive on hearing in court

You got a 41.55% upvote from @postpromoter courtesy of @mehta!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

@mehta Its been a long wait for all crypto lovers . Still have to look positively ahead for the decision to be taken by supreme court

Great news. Reall veey happy for the future of crypto currencies in india. It is a gold news for ya mehtaji. Keep steeming.

I think indian govt. Regulate bitcoin and cryptocurrency.govt should also take initiative to educate people about the next big revolution. Piz reply your view sir

Is this real. From where did you get information?

There's no doubt @mehta that there would be some regulations drafted by goverment very soon

There is no point of Bitcoin Ban in India, Pls go through this video U will get the right Answer On 1st Week of July we will solve the Crypto Issue of India – (Subhash Chandra Garg, Economic Affairs Secretary of India INDIA) @shubhamn @mehta @siddheart @bitpk @oceanwhale @shila @liltom

https://steemit.com/cryptocurrency/@important-to-us/on-1st-week-of-july-we-will-solve-the-crypto-issue-of-india-subhash-chandra-garg-economic-affairs-secretary-of-india-india

only a country can bane crypto currency no can contrary can stop trading of crypto in the wold its power of crypto currency

@mehta i think if india really wants to stand up among world"s top countries then our governmnt have to put some legal actions on it and make it circular as soon as possible

  ·  7 years ago (edited)

Bitcoin cannot be banned. It would be unethical.

You didn't clearly tell me how to make a gif just like you posted at the bottom. Please tell me the software name and how to do it. Thank you.

@mehta i am also hoping for crypto to be legal in india . its very important for our country . lets pray that crypto will legal in india after this hearing .

@mehta i dont think so that btc will ban in india just wait for 3rd july n see what's going to be done with btc...

thanks for all information

@mehta what i think that it may be possible that today India doesnot accept cryptos but tomorrow it has to be accept cryptos , just like State Bank Of India uses Ripple.

hoy estas super financiero jeeeeee espero legalizen las crypto en tu pais un abrazote desde venezuela

@mehta saaf agar btc india mein ban kar de toh hum kase trading kare kase earning kare hum bekar hojayenge

@mehta i also think that indian government will soon regulate the cryptocurrency,hope for better result

if this happens then I am sure bitcoin will cross all resistances in the near future

Bitcoin will reign supreme. I think it will reach mass adoption. It may not be the ultimate coin by the end of it but it will be the ultimate pioneer.

After seeing the market like that for 6 months , I really don't think that we will touch the ATH this year . Anyways I just hope my prediction goes wrong . We just need to get more patient another 6 months .

Definitely Indian Government going to legalize Bitcoin What will be bitcoin high in this year 2018 ??? @mehta

Excellent news for India. Stay in faith if you can. Good luck

yes we need to be more power for do nice ... but also must support together to be more people here to do the best

That's kinda stupid though? If India want to prevent money laundering then making fiat gateway and vice versa to crypto as direct cash is a very bad idea. Allowing banks as gateway means you can monitor the transaction (as if they haven't done it already)

@mehta According to me CS (credit score) & (Zebi) are coin which are supported and funded by the government. #Indian-government do not call crypto a #currency they call it a asset.

May be Bitcoin get banded but crypto asset will definetly be in the party here.

What you will do to convert your Steem into Fiat currency @mehta ????

Success is liking yourself, liking what you do, and liking how you do it

I did not know at all when I came to this project but many friends of Indian got it from continuing and thanked us for giving us more information. A lot of learning from our Indian friends

Your bitcoin picture is very beautiful

IMG_20180625_074833.jpg
@mehta बस ऐसे ही नई नई बातें नई नई जानकारियां आप जैसे दोस्तों के जरिए हमें मिलती रहती है और हमारे ज्ञान में इजाफा होता रहता है तो इस बात से आपका तहे दिल से शुक्रिया और आपके लिए मेरे हाथों से बनाई हुई इंडियन पेंटिंग गिफ्ट @mehta मैंने एक नया फुटबॉल स्केच आर्ट बनाया है और उस पर छोटा सा लेख लिखा है हो सके तो आप इसे देखिएगा ताकि हमारा भी हौसला बढ़ता रहे शुक्रिया

https://steemit.com/steemjet/@one-step1/dear-dimimp-i-create-attractive-football-world-cup-painting-special-dedicated-to-dimimp-and-steemjet-community

@mehta nothing to worry Draft is ready bitcoin will be legal announcement come at any point in 1st week of July so be ready to investing in cryptocurrency

I guess it's time to buy more, market is threatened now so we can buy more and sell later. There are many other ways to sell crypto's.....

It' is depend on indian goverment some people say legalize soon and another wait for action

IMG_20180625_093240.jpg

gov talking about digital india. very unfortunate

India has no choice in fact the Govt. motto is to fight corruption and blockchain technology is one of the best way to do so

Sir it should be legal everyone should know the power of crypto what do you think sir.

@mehta

do you really think that cryptos will became legal in india

Bitcoin will legal in india soon and top of that reliance also keen to launch his own cripto currency near future so thats only drama going in india.

@mehta
This is not posible
Bitcoin is not ban in india

hoy extrañe tus fotos de bodas espectaculares saludos..

sir can you tell how much time it will take to get legalize in india ?

@mehta. Sir, are you sure that bitcoine will not be bam in India? ... because cryptoconference can come much ahead of India....

I am following you plz advise how to increase more steem power

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by mehta from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

https://steemit.com/@abraru pzz upvote my post i will upvote your post

Have same feeling

What do you think about current scenario of bitcoin price going down below the mining cost ...Is it the end of bitcoin mining coz no one will mine in lose..And regarding ban India I think that big players trying to manipulate Indian market so that they can grab profit by selling immediately to the international market.
What are you gonna do with your crypto if govt bans it?

Hope for the best buddy.

Posted using Partiko Android

I think cripto is bubble because very varyation comes in cripto price. But cripto band in india is very bad think because some money making or freelancer website payout on cripto so what you think @mehta

@mehta May be this is the main reason for This Big Crash in the market because I still remember at the time of MTGOX issue the market came to $6100 level and this time even Low at $5800 level. If India legalise the Crypto we can see some good Pump in the market. What you say mate?
-@josh92

@mehta is 3rd july hearing in Apex court will bring some hope to crypto or ban is imposed from 5th july?

@mehta no it is not necessary that bitcoin is ban in India cause our government is very slow to take decision

https://steemit.com/bitcoin/@rjchannel/upcoming-ico-invest-and-start-earning

We are Promoting Titanium Coin.

Titanium Token is based on Waves Platform.

Titanium ICO is coming up soon on all major ICO listings.

Waves is a custom blockchain tokens platform designed for large-scale business and consumer adoption. Waves was created to make the benefits of blockchain technology accessible to ordinary businesses and end users. The platform launched in 2016 and was designed from the ground up to address the shortcomings of existing blockchain services.

What you get and How you get - Read Below.

1 Upvote on this article - 1 Titanium Coin (Upvote this article and enter your Waves Wallet Address in Comment)
1 Steem USD - 50 Titanium Token (Enter your Waves Wallet Address in Memo)
2 Steem USD - 125 Titanium Token (Enter your Waves Wallet Address in Memo)
5 Steem USD - 400 Titanium Token (Enter your Waves Wallet Address in Memo)
10 Steem USD - 1000 Titanium Token (Enter your Waves Wallet Address in Memo)
Maximum Token Sold per Steemit Account is upto 10 Steem USD. Do not Send more than 10 Steem USD.

Thanks for your support.

Follow us.

may god bless your thinking....

I strongly support your hope. bitcoin will be legal in india. The new hearing will be 3rd of July. so more chances are will be legal crypto in india.
What's your opinion of 3rd of July?

@ Mehta what we do if it's ban in India how we take withdrawal of Bitcoin to bank?

@mehta is there any chance can crypto completely ban in india?

Fingers crossed and waiting for the same.
Hope this will be in action soon.
What is your (@mehta) opinion on "JIOCOIN" (is it real or just a rumor)?

Hi friend You just received a free upvote and resteem from @steemwhalepower please upvote this comment to help everyone who uses this service if you want me to remove this comment reply remove

@mehta I heard a news that IIT-K and IBM is organizing a free blockchain course and India is planning to launch its own cryptocurrency, then why they are forcing banks not to deal with transactions?

This hasn't been any clear signs of regulations towards cryptocurrencies in India. But considering that you can never really ban them, it looks like it will most probably be available again

Chances are very high for this. images.jpeg