If India banned bitcoin,I will continue because we are not an Indian people.We are Filipino and in our country its not yet be ban so continue use on it.If our country going to ban bitcoin then that the time I will going to stop because theres nothing we can do just to respect what our govenment rules about it.

I'm not sure if you mean that you would like to convert BTC to fiat currency there locally in India?

If so, then you should rather just get a Crypto debit card...then you can withdraw cash at an ATM.

Some options are Bitpay and WirexApp.com

Should be a few more available as well.

But as far as I know, India has not banned bitcoin.
So your source? Or just a FUD?

Don’t worry broo I am also from India and pretty much similar to you... it is no where states that bitcoin has banned the bitcoin...they said they will not deal with any activity on the bitcoins and with your own risks..you can continue what you are doing so far

It was another stupid and wrong translation of the news. Now it is very popular, so it is better to look for information in several sources and from trusted people.
I think this news was specifically so incorrectly written to make people sell. But I think now the market is dumping or pump only when people just sell or buy, and this is not related to what kind of bad news. I do not understand why any leap of the course is tied to the news? Can you explain?

Stop fud ppl. India didn’t ban BTC

I don't think that is going to help because in India there is not much awareness regarding the subject and we do not have much people who deal in the crypto currency. So there is not gonna be any good strength to oppose the decisions of the government. And as far as I am updated with this news, I think government has yet not imposed a ban on the crypto currency. It is just a statement release by the RBI to discontinue the dealings in virtual currencies. So you still have time to convert your digi currency into fiat. But after this statement release, one thing is for sure, government of India will soon take an action in this regard and that might be for sure banning of crypto currency. But until now no wrong has been done, you still have some time!

I think that the best thing you can do would be to go and continue working to accumulate more bitcoins and other altcoins and then sell them to foreigners out of your country for cash. This way, you will still be able to work or trade and earn crypto currencies and make money out of it. Although it would be quite a hassle since you are gonna be prone to scams. You can always use escrows for that so no worries. Another choice you can do is to get out of your country and live somewhere else where bitcoins and other cryptos are not banned or labeled illegal. I think that would be the best course of action.

But I think that this ban will be temporary because if your country sees how other countries that adopted cryptos are doing great, your government might reconsider it and change its views on it. But I'm not sure about that though or if it happens, it may take a years.

Anyways, good luck man.

not only you are shocked, but i and everyone are also shocked after hearing the news about RBI's attitude, though not the first time, but this is a big blow to the crypto world, and today we feel the impact.

and our attitude as a crypto user, we better survive and not release crypto from our hands, this correction will end. and we should always make a positive contribution to the crypto world.

India banned Bitcoin for the support of domestic stock market. The investment from stock market was shrinking and money flowing to crypto so India banned Crypto. But i will continue my investment through other countries.