No one knows the price end of year. Too many variables.
This is true. We can only gain value through BTC if nobody will sell ETN.
And the best way to gain price is to create our own real demand and value.
One thing is certain, the price has to go up as ETN is going to introduce a lot of improvements, but how much it will go up, that is unknown
As I always say, if they want 1m mobile miners then the price can’t stay this low or they will use up all the supply too soon; 1/2 billion coins per month. At .50 it’s only 6 million… at .25 it’s 12 million… at .125 it’s 24 million, at .06 it’s around 48 million and at around .03 it’s around 100 million.
Hope I got the maths right but you get the idea.
What a joke!!!
I’m never gonna use any gov-issued crypto.Cause it will never be a crypto.
Digital Rupee = Shitecoin.
No person shall mine, generate, hold, sell, deal in, issue, transfer, dispose of or use cryptocurrency in the territory of India. Nothing in this Act shall apply to any person using technology or processes underlying any cryptocurrency for the purpose of experiment or research, including imparting of instructions to pupils provided that no cryptocurrency shall be used for making or receiving payment in such activity
Seriously???!!!
I’m gonna do all of the above.
Always do what the gov doesn’t want you to do.
How would they even know anyway?
By banning cryptocurrency in india they going to make it 3 times more popular wait and see, human nature always favorite and desire and seek what’s forbidden, i see it a happy news most likely bank owners, exchange both companies, financial institutions, who created this law and pass the bill through indian government to ban cryptocurrency, they feel threatened
If you mine there is big electric consumption. And then they will pay you a visit.
Yep.
They don’t know what blockchain is.
Here’s what they think:
We’re actually promoting blockchain by banning cryptocurrencies.
No, what about buying? Storing?
In India, law is only on paper, if you have the money and know few people in politics, you can get by most of the hurdles.
They don’t know that they ‘can’t’ ban crypto.
These guys know nothin of the cryptospace.
human nature ! more you ignore it more you remember
That sounds pretty much like a dictatorship.
If a person wants to receive a necklace, gold bar, rupee or crypto, they should be able to trade what they want in return for those goods or services.
Democracy doesn’t exist here.
It’s only “disguised” democracy.
@CharlieKellyRatKing
The sad part is people fall for it.
I still can’t believe it , it’s a significant portion of the human population.
If the above bill ever becomes a law , ETN is gonna lose a lot of potential users.(not fudding).
Talk about the unbanked.
Millions over here fall under that category.
Hopefully things work out. Crypto can’t be ignored forever.
It depends on the law of the land, else we could say they should also receive illegal drugs or banned categories of pornography. I suppose we can fight to change the laws or go to live elsewhere. But we can’t just say “ima do whatever I want man”.
Sorry to be a party pooper today.
The best chance is for ETN and their NGOs and charities to make the case and show the benefits. Maybe if the Indian government sees it taking off and bringing money into a neighbouring country they will take another look.
ETN will anyway.
I just don’t want to miss it and regret it.
HODL no matter what.