But seriously, let's be honest. Literally anything can happen inside third-world countries and they will hardly affect the whole world, due to the irrelevance of most of their operations.

Since it's a state it counts but in comparison it's not that relevant. China counts but since they are a communist regime then it's obvious the way they play so it's no surprise, the shock they cause is not that great.

So that is not something mortal, next question.

We still not affected because we can use crypto because we are in other country we are not living in India and China. The most affected on that banning will be chinese and indian people who live in the country who ban cryptocurrency. Maybe because of this they still don't have effect but maybe after few weeks it will have bad result cause dumpuing but I think it is small only because if 2 countires ban bitcoin they have a lot of country who adapat and willing to support the cryptocurrency.

Have you ever wondered why no country has not been able to ban Bitcoin and crypto completely despite declaring multiple bans so far? Do your research. The only way Bitcoin can effectively be banned is in 2 ways:

- If the miners stop mining completely and if trading halts completely due to which the entire market would collapse which will obviously not happen.

- The other way to effectively ban it completely is but shutting down the Internet completely which is also an impossible scenario.

This is why it BTC and crypto are here to stay no matter what anyone think of them.

I think you are misjudging the issue here. You should stop thinking BTC prices when you talking about bans.

If you were Indian, you should easily travel out of the country and sell your Bitcoin outside the India. Don't hesitate Bitcoin's future because of this ban issues.

I think bitcoin getting banned in these 2 big countries is not going to be indicative of the future of bitcoin. And I am sure that the holders of bitcoin there will not let their efforts go to waste. I don't think any crash is going to be related to these bans and if bitcoin crashes it will still surely recover.

Bitcoin cannot be censored since it is decentralized and transactions are pseudonymous. Also, India has not banned cryptocurrencies, though a proposed bill aims to do that, and China also has not banned bitcoin ownership.

Indeed, if the efforts needed outweighs the chance to get convicted people will use it. It will kill the legal businesses for now.

This will not effect bitcoin with only 2 countries banned and believe me even btc is already banned in China still many users in this country are utilizing bitcoin and they cannot control it very easily in the future this two countries will surely unban bitcoin and cryptos because the future of money is cryptocurrency. 

You are too fast in estimating something uncertain, and I think even though bitcoin is banned in the two countries that you mention, but bitcoin will not be that easy to leave behind and bitcoin will not become trash.

Didnt know this well known bollywood star there started a bitcoin company.
Have to check and see what it is was all about before the ban happened and what will happen to his companies customers will have to do now.