Hi Everyone
Today is most depressing to the Indians who where in Bitcoin trading.
Today was budget of India which was announced by
Finance Minister Arun Jaitley.
"Finance Minister Arun Jaitley has said in his Budget speech that the Bitcoin currency is illegal and the government was not going to to recognise it".
Reason for making Bitcoin Illegal
"Bitcoin can be an easy way to evade tax or snare unsuspecting small investors in ponzi schemes. The government has already begun a crackdown on illegal uses of this unregulated virtual currency. "
Thank you everyone.