Bitcoin Forum

Economy => Service Announcements => Topic started by: gsingh on December 21, 2013, 10:24:28 PM



Title: India opens new exchange
Post by: gsingh on December 21, 2013, 10:24:28 PM
Very good news guys  :D.

India has got an exchange up and running now!

http://unocoin.com/


Title: Re: Inida opens new exchange
Post by: Vod on December 21, 2013, 11:07:31 PM
Quote
Simple, Safe and Secure Way of Buying, Selling and Storing Bitcoins in India

Uh oh...


Title: Re: Inida opens new exchange
Post by: Mjbmonetarymetals on December 21, 2013, 11:24:34 PM
All Aboard !!  :D

http://i846.photobucket.com/albums/ab22/1973mb1973/db27534297bd3cd1aaf217e3b424edf2_zpsd9b5b804.jpg


Title: Re: Inida opens new exchange
Post by: beetcoin on December 21, 2013, 11:45:22 PM
since india hates china so much, let's tell them that the chinese government loves cockblocking BTC  ;)

the indians will most likely end up laying the hammer down on BTC though.


Title: Re: Inida opens new exchange
Post by: Kryptox on December 22, 2013, 12:12:32 AM
I'm surprised it took this long.  India has a lot of talent that can be exploited for developing even further Bitcoin related technologies.  Not to mention, there's huge money there.


Title: Re: Inida opens new exchange
Post by: coins101 on December 22, 2013, 12:22:56 AM
good news - a new set of speculators about to push the price higher.

I take it this exchange is so the cheap coding guys that rarely deliver can get paid and avoid the tax system.


Title: Re: Inida opens new exchange
Post by: LiteCoinGuy on December 22, 2013, 01:12:50 AM
there are already 1-2 as i heard but nice news.


Title: Re: India opens new exchange
Post by: BitcoinBarrel on December 22, 2013, 01:42:29 AM
I, too, was surprised that it has taken this long for India to jump on board the Bitcoin train. I'm sure a lot of that has to do with English translations, but there is definitely much talent in technology-related fields over there. It will be interesting to see how things develop this next year.


Title: Re: India opens new exchange
Post by: titulng on December 22, 2013, 02:10:31 AM
I, too, was surprised that it has taken this long for India to jump on board the Bitcoin train. I'm sure a lot of that has to do with English translations, but there is definitely much talent in technology-related fields over there. It will be interesting to see how things develop this next year.

I also look forward to..


Title: Re: Inida opens new exchange
Post by: User705 on December 22, 2013, 02:13:13 AM
since india hates china so much, let's tell them that the chinese government loves cockblocking BTC  ;)

the indians will most likely end up laying the hammer down on BTC though.
Yes India has import taxes on gold and rather unsettling trade imbalance.  Not sure how they will feel about bitcoin.


Title: Re: India opens new exchange
Post by: EvilPanda on December 22, 2013, 02:23:24 AM
Pizzas for BTC? Now is chicken tikka masala time!  :D


Title: Re: India opens new exchange
Post by: Patel on December 22, 2013, 02:51:23 AM
Pizzas for BTC? Now is chicken tikka masala time!  :D
hell ya


Title: Re: Inida opens new exchange
Post by: Phinnaeus Gage on December 22, 2013, 03:09:16 AM
good news - a new set of speculators about to push the price higher.

I take it this exchange is so the cheap coding guys that rarely deliver can get paid and avoid the tax system.

Let me get this straight. A small country like India is somehow going to replace the one billion plus population of China. I've been to India, and Josh just got back from India, and we're both here to tell you that... that... that... Upon further review, this just might work. Good call!

~TMIBTCITW


Title: Re: India opens new exchange
Post by: flyguy on December 22, 2013, 03:28:22 AM
The website is a clear rip off of Coinbase site.


Title: Re: India opens new exchange
Post by: empoweoqwj on December 22, 2013, 03:35:32 AM
The website is a clear rip off of Coinbase site.

That's how Indian programmers tend to work. I've employed several on freelance projects. First thing they do is say "which site should we rip"


Title: Re: India opens new exchange
Post by: Phinnaeus Gage on December 22, 2013, 04:26:13 AM
http://unocoin.com/

Quote
CONTACT INFO

Address: Regus Centure, WTC towers,

22nd floor, #2201, Brigate Gateway,

Malleswaram, Bangalore - 560055, India

Phone : +91-816-4011655

Email : info@coinmonk.com

http://who.godaddy.com/whois.aspx?k=PHcmg/1y5+8SiZpPh+TIvsLLyIvLQ5R5u2Loxpxqdq6rSiYr6zVROV09eEVpjz6E&domain=coinmonk.com&prog_id=GoDaddy

Quote
Domain Name: COINMONK.COM
Registry Domain ID: 1714102622_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Update Date: 2013-05-29 21:31:09
Creation Date: 2012-04-17 12:38:03
Registrar Registration Expiration Date: 2014-04-17 12:38:03
Registrar: GoDaddy.com, LLC
Registrar IANA ID: 146
Registrar Abuse Contact Email: abuse@godaddy.com
Registrar Abuse Contact Phone: +1.480-624-2505
Domain Status: clientTransferProhibited
Domain Status: clientUpdateProhibited
Domain Status: clientRenewProhibited
Domain Status: clientDeleteProhibited
Registry Registrant ID:
Registrant Name: Sathvik V
Registrant Organization:
Registrant Street: Himagiri, 1st cross, S S Puram
Registrant Street: Tumkur
Registrant City: Tumkur
Registrant State/Province: Karnataka
Registrant Postal Code: 572102
Registrant Country: India
Registrant Phone: 9632720333
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: sathvikv@gmail.com
Registry Admin ID:
Admin Name: Sathvik V
Admin Organization:
Admin Street: Himagiri, 1st cross, S S Puram
Admin Street: Tumkur
Admin City: Tumkur
Admin State/Province: Karnataka
Admin Postal Code: 572102
Admin Country: India
Admin Phone: 9632720333
Admin Phone Ext:
Admin Fax:
Admin Fax Ext:
Admin Email: sathvikv@gmail.com
Registry Tech ID:
Tech Name: Sathvik V
Tech Organization:
Tech Street: Himagiri, 1st cross, S S Puram
Tech Street: Tumkur
Tech City: Tumkur
Tech State/Province: Karnataka
Tech Postal Code: 572102
Tech Country: India
Tech Phone: 9632720333
Tech Phone Ext:
Tech Fax:
Tech Fax Ext:
Tech Email: sathvikv@gmail.com
Name Server: NS1.VENTURENEXT.COM
Name Server: NS2.VENTURENEXT.COM
DNSSEC: unsigned
URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/
Last update of WHOIS database: 2013-12-22T3:00:00Z

http://www.eworldtradefair.com/business-directory/coir-fiber-pith_4.html

Quote
Kamalnag Enterpreses
Products manufacturing, coir pith products exporting, coir pith blocks
Category : coir fiber pith Wholesale Suppliers , coir fiber pith Traders , coir fiber pith Distributors
Address : 5th B Cross, Marthi Naagar, Industrial Area,Tumkur-572102, Karnataka, INDIA
Phone : 91-816-4011655
Mobile : +919342102533

Quote
Domain Name: UNOCOIN.COM
Registry Domain ID: 1756925819_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Update Date: 2013-11-04 08:11:51
Creation Date: 2012-11-04 01:50:22
Registrar Registration Expiration Date: 2014-11-04 01:50:22
Registrar: GoDaddy.com, LLC
Registrar IANA ID: 146
Registrar Abuse Contact Email: abuse@godaddy.com
Registrar Abuse Contact Phone: +1.480-624-2505
Domain Status: clientTransferProhibited
Domain Status: clientUpdateProhibited
Domain Status: clientRenewProhibited
Domain Status: clientDeleteProhibited
Registry Registrant ID:
Registrant Name: Sathvik V
Registrant Organization: VentureNext Inc
Registrant Street: Himagiri, 1st cross
Registrant Street: S S Puram
Registrant City: Tumkur
Registrant State/Province: Karnataka
Registrant Postal Code: 572102
Registrant Country: India
Registrant Phone: +91.9632720333
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: sathvikv@gmail.com
Registry Admin ID:
Admin Name: Sathvik V
Admin Organization: VentureNext Inc
Admin Street: Himagiri, 1st cross
Admin Street: S S Puram
Admin City: Tumkur
Admin State/Province: Karnataka
Admin Postal Code: 572102
Admin Country: India
Admin Phone: +91.9632720333
Admin Phone Ext:
Admin Fax:
Admin Fax Ext:
Admin Email: sathvikv@gmail.com
Registry Tech ID:
Tech Name: Sathvik V
Tech Organization: VentureNext Inc
Tech Street: Himagiri, 1st cross
Tech Street: S S Puram
Tech City: Tumkur
Tech State/Province: Karnataka
Tech Postal Code: 572102
Tech Country: India
Tech Phone: +91.9632720333
Tech Phone Ext:
Tech Fax:
Tech Fax Ext:
Tech Email: sathvikv@gmail.com
Name Server: NS1.UNOCOIN.COM
Name Server: NS2.UNOCOIN.COM
Name Server: NS3.UNOCOIN.COM
DNSSEC: unsigned
URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/
Last update of WHOIS database: 2013-12-22T4:00:00Z

http://sathvikv.com/

https://bitcointalk.org/index.php?action=profile;u=119659

http://www.parchment.com/c/college/view/?id=12705

Quote
SATHVIKV
BLUE VALLEY NORTHWEST HIGH SCHOOL

Overland Park, KS - Public School - 420 students per class year

ACADEMICS


Personal Info
Gender: Male
Year Entering College: 2009
Ethnicity: South Asian
State of Residence: KS
Academic Background
Class Rank: Top 5%
Unweighted GPA: 3.80
Weighted GPA: 4.5
PSAT: 206
ACT: 34
SAT Critical Reading: 700
SAT Math: 760
SAT Writing: 720
Combined SAT: 2180
Selectivity Index™: 890

SathvikV has not listed any extracurriculars.

http://www.slideshare.net/sathvikv

Quote
Melbourne, Australia
Director at Venture Next Inc
http://www.sathvikv.com/aboutme.html

http://www.fyple.biz/company/rigidsoft-technologies-7qssz1/

Quote
RigidSoft Technologies
166/800 Swanston street
Melbourne VIC 3053
Australia
Phone numbers
0431 274 225
Web site
www.sathvikv.com/

http://whois.polodomains.com/domain/geh5ja-QybQtjEp9T1MyKN5uJSjRIDf5_info.html

Quote
Whois Server Version 2.0


--SI-VSCompRegistrars---


   Domain Name: CROWNCASINOGAMES.COM
   Registrar: godaddy.com, inc.
   Whois Server: whois.godaddy.com
   Referral URL: http://registrar.godaddy.com
   Name Server: NS61.1AND1.FR
   Name Server: NS62.1AND1.FR
   Status: clientDeleteProhibited
   Status: clientRenewProhibited
   Status: clientTransferProhibited
   Status: clientUpdateProhibited
   Updated Date: 05-apr-2011
   Creation Date: 28-mar-2011
   Expiration Date: 28-mar-2012

>>> Last update of whois database: Tue, 05 Apr 2011 23:30:28 UTC <<<


--SI-VSNotice---



--SI-VSTerms---

--SI-GDDDisclaimer---



--SI-GDDnotRegistrant---



Registrant:
   Sathvik Vishwanath
   166/800 Swanston street
   Carlton
   Melbourne, Victoria 3053
   Australia

   Registered through: godaddy.com, inc. (http://www.godaddy.com)
   Domain Name: CROWNCASINOGAMES.COM
      Created on: 28-Mar-11
      Expires on: 28-Mar-12
      Last Updated on: 05-Apr-11

   Administrative Contact:
      Vishwanath, Sathvik  Email of sathvikv
      166/800 Swanston street
      Carlton
      Melbourne, Victoria 3053
      Australia
      (043) 127-4225      Fax --

   Technical Contact:
      Vishwanath, Sathvik  Email of sathvikv
      166/800 Swanston street
      Carlton
      Melbourne, Victoria 3053
      Australia
      (043) 127-4225      Fax --

   Domain servers in listed order:
      NS61.1AND1.FR
      NS62.1AND1.FR

https://bitcointalk.org/index.php?topic=38867.msg475539#msg475539

Quote
Australian Bitcoin Expo Anyone?

Rescheduled - Please see Page 5 for more details.

Date: 18th - 20th November

Location: Melbourne

Venue: Possibly Crown Casino (unsure)

Question: Kansas, Australia or India?


Title: Re: India opens new exchange
Post by: Phinnaeus Gage on December 22, 2013, 04:35:26 AM
http://www.thehindubusinessline.com/industry-and-economy/info-tech/bitcoin-sets-sights-on-india/article5422183.ece

Quote
Individuals involved in the Bitcoin movement are called miners and other companies such as Coinmonk Ventures, Unobit Solutions and VentureNext are trying to build the ecosystem that will make Bitcoin an acceptable currency, similar to gold, silver or rupee.

I believe all three are own by the same person.


Title: Re: India opens new exchange
Post by: Phinnaeus Gage on December 22, 2013, 04:47:42 AM
http://www.meetup.com/IndiaBitcoin/members/94694542/

Quote
Sathvik Vishwanath
Co-Organizer
Location:
Tumkur
Member since:
May 23, 2013
Networks
Introduction
Bitcoin Enthusiast!
Introduction
Hello, I am Sathvik V from Tumkur (Near Bangalore) and I run a small software company on my own and we work on PHP and LSL. I got introduced to bitcoins in March 2013 and since then i have been researching more and more about this and every step I am putting forward has made my research more interesting.
When did you first hear about Bitcoin?
March 2013
What about Bitcoin do you find appealing?
Instant world wide transaction and being irreversible
What, in your opinion, are the main challenges facing Bitcoin going forward?
Stop seeing this as an investment but use it to transact at least in small amounts.
Are you involved in any specific Bitcoin-related initiatives?
CoinMonk Ventures Private Limited - Dealing with physical bitcoins, mining, creation of miners, buy and sell bitcoin in India www.unocoin.com, Global Bitcoin Conference www.globalbitcoinconference.com ...

http://photos1.meetupstatic.com/photos/member/4/8/2/8/member_161598472.jpeg

Now, unless I'm mistaken, I've already connected him to...

https://bitcointalk.org/index.php?topic=38867.msg475539#msg475539

Quote
Australian Bitcoin Expo Anyone?

Rescheduled - Please see Page 5 for more details.

Date: 18th - 20th November

Location: Melbourne

Venue: Possibly Crown Casino (unsure)

Quote
Registrant:
   Sathvik Vishwanath
   166/800 Swanston street
   Carlton
   Melbourne, Victoria 3053
   Australia

   Registered through: godaddy.com, inc. (http://www.godaddy.com)
   Domain Name: CROWNCASINOGAMES.COM
      Created on: 28-Mar-11
      Expires on: 28-Mar-12
      Last Updated on: 05-Apr-11

Same gmail address, yet here he's stating that's he's new to Bitcoin.


Australian Bitcoin Expo Anyone?

Rescheduled - Please see Page 5 for more details.

Date: 18th - 20th November

Location: Melbourne

Venue: Possibly Crown Casino (unsure)

Transportation: Cross country convoy (probably starting from perth), drive, fly, bus etc.

Sponsorship:
MtGox (http://www.mtgox.com) - MagicalTux will be attending in person.
World Bitcoin Exchange (https://www.worldbitcoinexchange.com) - Andre Jensen will be attending in person
www.cryptoxchanger.com - Owner will be attending in person.
TradeHill (http://tradehill.com/) - TradeHill Australia will be attending
PM SomeoneWeird if you would like to sponsor

If you are interested in coming, drop by #bitcoin-aus on freenode
or PM me your location (rough location in state so we can work out numbers)



~SomeoneWeird




Title: Re: India opens new exchange
Post by: Phinnaeus Gage on December 22, 2013, 05:00:32 AM
Tired!!! Slight error in the above, but not editing out. Venue: Crown Casino DOES NOT equal CROWNCASINOGAMES.COM.

To be clear, I'm not doxxing the Indian exchange, but want to make sure that we/they all know whom we're dealing with.


Title: Re: India opens new exchange
Post by: empoweoqwj on December 22, 2013, 05:06:22 AM
Tired!!! Slight error in the above, but not editing out. Venue: Crown Casino DOES NOT equal CROWNCASINOGAMES.COM.

To be clear, I'm not doxxing the Indian exchange, but want to make sure that we/they all know whom we're dealing with.

Great forensic work nonetheless.

If nothing else, an Indian exchange will test the legal status of bitcoin in India.


Title: Re: India opens new exchange
Post by: Phinnaeus Gage on December 22, 2013, 05:10:20 AM
http://bitcoinviews.com/bitcoin-entrepreneurs-planning-indias-first-bitcoin-conference-bv-exclusive-get-20-discount-on-ticket-price/

Quote
India-based entrepreneur Sathvik Vishwanath is hosting the country’s first

Global Bitcoin Conference next month, in Bangalore, the heart of Asia’s Silicon Valley at the Sheraton Hotel.

Vishwanath has been raising awareness of Bitcoin in India, and admittedly found his job a lot easier since the value of Bitcoin has skyrocketed.

http://www.globalbitcoinconference.com/

Quote
Hello All attendees,

I want to take this opportunity to thank our speakers and delegates at the conference without whom this fruitful conference would not have been possible. I also wish to thank Josh from ButterflyLabs for his generous donation and being a title sponsor for the conference, and for Sheraton hotel for providing the venue and Oddessy team for setting up a beautiful place to for the event. I would also wish to thank my team for helping me out to conduct the conference. Never the less my employees who have worked for 2 months consistently towards completing Unocoin – a bitcoin buying and selling webservice to be launched on this day of the conference.

Here's to hoping it was a wonderful conference.

Peace.

~Bruno Kucinskas


Title: Re: India opens new exchange
Post by: Phinnaeus Gage on December 22, 2013, 05:12:03 AM
Tired!!! Slight error in the above, but not editing out. Venue: Crown Casino DOES NOT equal CROWNCASINOGAMES.COM.

To be clear, I'm not doxxing the Indian exchange, but want to make sure that we/they all know whom we're dealing with.

Great forensic work nonetheless.

If nothing else, an Indian exchange will test the legal status of bitcoin in India.

Very true. I love India, having toured the country in '91 for three weeks, spending Christmas in Goa.


Title: Re: India opens new exchange
Post by: moni3z on December 22, 2013, 09:33:40 AM
Good idea except your site will be frauded out of existence because you accept soft online banking transfers. You also are using Camilla256-SHA not AES as advertised though doesn't really matter. Your emails also go directly to spam inbox should trim them of flagged material. DigitalOcean VPS hosting will grind to a halt under a lot of trading too, also I didn't notice any DDOS protection leaving you wide open to market manipulation or competitor/crazy customer attack. I wonder how you're storing all this personal data as well, with ID scans and bank account numbers being kept would be a goldmine to break into.

If it's legal there foreigners can walk into SBI/ICICI bank branches here in Canada or Europe and transfer money at the counter without an account directly to your account to buy coins http://www.money2india.eu/


Title: Re: India opens new exchange
Post by: empoweoqwj on December 22, 2013, 11:08:35 AM
Good idea except your site will be frauded out of existence because you accept soft online banking transfers. You also are using Camilla256-SHA not AES as advertised though doesn't really matter. Your emails also go directly to spam inbox should trim them of flagged material. DigitalOcean VPS hosting will grind to a halt under a lot of trading too, also I didn't notice any DDOS protection leaving you wide open to market manipulation or competitor/crazy customer attack. I wonder how you're storing all this personal data as well, with ID scans and bank account numbers being kept would be a goldmine to break into.

If it's legal there foreigners can walk into SBI/ICICI bank branches here in Canada or Europe and transfer money at the counter without an account directly to your account to buy coins http://www.money2india.eu/

That's not a good review. Doesn't sound like we have a serious attempt at an Indian exchange after all :(


Title: Re: India opens new exchange
Post by: geetee on December 22, 2013, 02:10:59 PM
Tired!!! Slight error in the above, but not editing out. Venue: Crown Casino DOES NOT equal CROWNCASINOGAMES.COM.

To be clear, I'm not doxxing the Indian exchange, but want to make sure that we/they all know whom we're dealing with.

Great forensic work nonetheless.

If nothing else, an Indian exchange will test the legal status of bitcoin in India.

Very true. I love India, having toured the country in '91 for three weeks, spending Christmas in Goa.

I love high-inflation countries that don't have widespread Btc adoption yet.
Japan, Argentina, and now India. Potentially huge positive development. They already love gold, wait til average Indian hears about Btc - or if they start gifting Btc instead of gold for their wedding season. Choo choo.


Title: Re: India opens new exchange
Post by: sickpig on December 22, 2013, 02:27:10 PM
I love high-inflation countries that don't have widespread Btc adoption yet.
Japan, Argentina, and now India. Potentially huge positive development. They already love gold, wait til average Indian hears about Btc - or if they start gifting Btc instead of gold for their wedding season. Choo choo.

sorry but "high-infaltion" and "Japan" can't be on the same phrase :P

http://www.inflation.eu/inflation-rates/japan/historic-inflation/cpi-inflation-japan.aspx





Title: Re: India opens new exchange
Post by: empoweoqwj on December 23, 2013, 03:32:02 AM
Tired!!! Slight error in the above, but not editing out. Venue: Crown Casino DOES NOT equal CROWNCASINOGAMES.COM.

To be clear, I'm not doxxing the Indian exchange, but want to make sure that we/they all know whom we're dealing with.

Great forensic work nonetheless.

If nothing else, an Indian exchange will test the legal status of bitcoin in India.

Very true. I love India, having toured the country in '91 for three weeks, spending Christmas in Goa.

I love high-inflation countries that don't have widespread Btc adoption yet.
Japan, Argentina, and now India. Potentially huge positive development. They already love gold, wait til average Indian hears about Btc - or if they start gifting Btc instead of gold for their wedding season. Choo choo.

Japan hasn't had inflation for a generation now, please write about something you know.

What's the inflation rate in India?


Title: Re: India opens new exchange
Post by: maurya78 on December 23, 2013, 09:26:27 AM
Consistently above 9%


Title: Re: India opens new exchange
Post by: empoweoqwj on December 23, 2013, 11:20:34 AM
Consistently above 9%

That is very high for a developing economy, any economy come to think of it at the moment. Still, not enough for most Indians to risk their hard-earned on bitcoin unless we have another big bubble.


Title: Re: India opens new exchange
Post by: TradeAnalyst on December 23, 2013, 08:32:13 PM
I am thinking that the price of BTC is artificially maintened until trading is officially stopped in China so some chinese investors could draw at a fair price their BTC .

Its not India which will replace China + Indian people will not be so stupid to speculate on BTC the same way chinese have done + they saw the crash and will see the drop in January 2014 !

The price of BTC is not 1000 nor 500 USD because the price to produce 1 BTC by computer work is not this one at all

The real price of BTC is around 100 USD possibly less ( if no speculation come to it ) and should stay stable for a while to be completly adopted for e-commerce

Its unreal to have such a fluctuation if BTC has to become one day mainstream

Speculation on BTC will kill the very first idea of what BTC was created for

And as you all know 80% of the total value on BTC is in the hands of 20% or less ?



Title: Re: India opens new exchange
Post by: empoweoqwj on December 24, 2013, 04:12:46 AM
I am thinking that the price of BTC is artificially maintened until trading is officially stopped in China so some chinese investors could draw at a fair price their BTC .

Its not India which will replace China + Indian people will not be so stupid to speculate on BTC the same way chinese have done + they saw the crash and will see the drop in January 2014 !

The price of BTC is not 1000 nor 500 USD because the price to produce 1 BTC by computer work is not this one at all

The real price of BTC is around 100 USD possibly less ( if no speculation come to it ) and should stay stable for a while to be completly adopted for e-commerce

Its unreal to have such a fluctuation if BTC has to become one day mainstream

Speculation on BTC will kill the very first idea of what BTC was created for

And as you all know 80% of the total value on BTC is in the hands of 20% or less ?



That's not how you arrive at a price for bitcoin. Price is based on its utility, its usefulness, not how much it costs to produce.