Bitcoin India Flash Crash: Bitcoin [BTC] to $6000 and Ethereum at $450
Zebpay’s recent notice to Indian users, titled, ‘Prohibition on dealing in Virtual Currencies’ warned that Zebpay will not be able to process the INR withdrawals or deposits if it does not have a supporting bank. Within hours of this announcement, everything from Bitcoin, Ethereum, Ripple and other assets crashed by more than 10% in some cases.
As per the notice by RBI, the financial banking sectors under the purview of the RBI are to comply with the directive by July 5th. The next hearing for the same is said to be scheduled for July 20th. The current “panic-selling” is what the Indian crypto community called temporary and they expect a pull-back pretty soon.
Timothy Gilbert, a crypto investor from Michigan says,
“If anyone knows anyone in India please go and buy, it’s dirt cheap there. Buy BTC, sell somewhere else. Instant 20% profit boom.”
Done...
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but be careful zebpay are bunch of crooks
I upvoted you and followed you in return you follow me and upvote my post to help grow each other. https://steemit.com/naveed/@navesumar/we-are-not-human-beings-we-are-spectators
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Plz follow comment upvote in my post
The crypto will be rise soon . Don't do panic sell.
BTW thanks for sharing the info @jaryalmark 😊
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This is good time to buy bitcoin
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I have followed to u & Plz u will also follow me...
And Any Article I will upvote & CMNT Do also
hi, shubham its nitish. you are written about zebpay latest news is very informative.
thanx for ur thoughts