i_am_that_i_am
Banned - Shitlisted and did not do the right thing
- Apr 13, 2013
- 1,114
- 545
The Indian government is so confused when it comes to crypto, they don't know what they want.
Crypto may get banned in India
- Thread starter awesomewebsites
- Start date
- Jun 16, 2020
- 3,402
- 3,359
Best is to make a LLC outside india and attach crypto funds there
- Nov 16, 2011
- 19,809
- 11,284
Yes, possible. But till then we have to bear loss.
SEO Ranker
Newbie
- Feb 11, 2022
- 25
- 11
Govt always thinks about industry before it's people.
May be in future you will see many indian venture enter in this future blockchain technology & more coins came in market from india
- Nov 16, 2011
- 19,809
- 11,284
Indian coin Matic already decided to go outside.
CyberHour
Elite Member
- Apr 3, 2016
- 1,705
- 932
Feel free to ignore this statement
The PIG will gladly accept 30% tax
The way I see it is... allowing local centralized crypto brokers so they can ensure that will take their portion
Plus will be really hard for the average Joe to trade/hold crypto
Last edited:
shadow2015
Regular Member
- Jan 17, 2015
- 407
- 106
uncertainty is key to mess up anything
CloudCreator
Junior Member
- Apr 3, 2017
- 156
- 46
Neither Ban nor illegal . Gov. Just clear the way of Big Investors to cash-out legally .
ADA Lovelace
Regular Member
- Jan 24, 2021
- 466
- 381
I don't know why but i am seeing a 50% of tax in the next days. And we will be happy because they not banned it
Mr.Sinatra
Regular Member
- Jul 7, 2015
- 431
- 192
I always ask myself why do these news only comes out where prices are up.
I remember when BTC was at 4k last year not a single bad thing about it. They just dismiss it.
Trust me once the news already out they had filled their shorts and dumped it when you sell you simply fill their shorts being closed.
Like someone said same old story just a different date.
I somehow believe that we will be seeing lower prices from here as it is the most logical thing to happen so get used to the FUD as it is only starting until they bring it down to where it makes sense for them to buy but if you are holding long term I say mute the news and enjoy the ride.
I remember when BTC was at 4k last year not a single bad thing about it. They just dismiss it.
Trust me once the news already out they had filled their shorts and dumped it when you sell you simply fill their shorts being closed.
Like someone said same old story just a different date.
I somehow believe that we will be seeing lower prices from here as it is the most logical thing to happen so get used to the FUD as it is only starting until they bring it down to where it makes sense for them to buy but if you are holding long term I say mute the news and enjoy the ride.