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Title: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: adv.kanishk on June 25, 2014, 07:42:02 AM This is to inform all the bitcoin enthusiast that a new bitcoin exchange have become operational in India. The url of the exchange is
https://millibits.in There are no transaction fee, as of now, and even thereafter it will be a fraction of what other exchanges in India are charging. Hope you look forward to it and find this news useful!!! Title: Re: New Bitcoin Exchange in India with no transaction fee till 26.7.14 Post by: ramkumar on June 25, 2014, 10:22:05 AM Goodluck Kanishk :)
Title: Re: "New Bitcoin Exchange in India- No Transaction Fee" Post by: subvolatil on June 25, 2014, 12:20:20 PM Looks good
Edit- Kanishk is also part of the law firm www.critaxcorp.com (http://www.critaxcorp.com) Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: BitCoinDream on June 25, 2014, 04:31:55 PM This is to inform all the bitcoin enthusiast that a new bitcoin exchange have become operational in India. The url of the exchange is https://millibits.in There are no transaction fee, as of now, and even thereafter it will be a fraction of what other exchanges in India are charging. Hope you look forward to it and find this news useful!!! Welcome to BitcoinTalk. Nice to see an advocate is being involved into Bitcoin. :) Would like to know, by law, is bitcoin mining taxable in India, as long as the mined coins are not being converted to FIAT, i.e. INR ? Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: ravin on June 26, 2014, 04:11:08 AM Interesting to see that you have trade APIs. Good luck.
Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: Equate on June 26, 2014, 04:55:45 PM Good luck with the exchange kanishk.
Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: adv.kanishk on June 26, 2014, 07:22:48 PM This is to inform all the bitcoin enthusiast that a new bitcoin exchange have become operational in India. The url of the exchange is https://millibits.in There are no transaction fee, as of now, and even thereafter it will be a fraction of what other exchanges in India are charging. Hope you look forward to it and find this news useful!!! Welcome to BitcoinTalk. Nice to see an advocate is being involved into Bitcoin. :) Would like to know, by law, is bitcoin mining taxable in India, as long as the mined coins are not being converted to FIAT, i.e. INR ? As per my understanding mining of bitcoins will not be taxable as per current tax regime. However, the department may treat it as a wealth source and charge wealth tax on the same. Secondly, if you convert the same into INR it might be treated as income from other sources and you may have to pay tax on it but it will also show your bonafide in declaring it with tax authorities and also use the legitimate earned money into other things. Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: h0lybyte on June 27, 2014, 12:19:17 AM I would suggest a small bootstrap theme, specifically a CDN-hosted bootstraps. As of right now, the site looks extremely shady.
Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: BitCoinDream on June 27, 2014, 02:48:44 PM This is to inform all the bitcoin enthusiast that a new bitcoin exchange have become operational in India. The url of the exchange is https://millibits.in There are no transaction fee, as of now, and even thereafter it will be a fraction of what other exchanges in India are charging. Hope you look forward to it and find this news useful!!! Welcome to BitcoinTalk. Nice to see an advocate is being involved into Bitcoin. :) Would like to know, by law, is bitcoin mining taxable in India, as long as the mined coins are not being converted to FIAT, i.e. INR ? As per my understanding mining of bitcoins will not be taxable as per current tax regime. However, the department may treat it as a wealth source and charge wealth tax on the same. Secondly, if you convert the same into INR it might be treated as income from other sources and you may have to pay tax on it but it will also show your bonafide in declaring it with tax authorities and also use the legitimate earned money into other things. This is where I'm confused. Taxing while converting to FIAT is fine, but on what tax structure or guideline Bitcoin can be taxed as a wealth as long as it is not converted to FIAT ? Suppose, someone is earning 0.1 BTC per month whose FIAT value typically varies between INR 3000 to INR 6000 as per recent market scenario. Now what wealth tax can be applied to this person when he accumulates 1.2 BTC at the end of the financial year and does not convert any part of it to FIAT ? Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: devesh.g on June 27, 2014, 07:10:59 PM This is to inform all the bitcoin enthusiast that a new bitcoin exchange have become operational in India. The url of the exchange is https://millibits.in There are no transaction fee, as of now, and even thereafter it will be a fraction of what other exchanges in India are charging. Hope you look forward to it and find this news useful!!! Welcome to BitcoinTalk. Nice to see an advocate is being involved into Bitcoin. :) Would like to know, by law, is bitcoin mining taxable in India, as long as the mined coins are not being converted to FIAT, i.e. INR ? As per my understanding mining of bitcoins will not be taxable as per current tax regime. However, the department may treat it as a wealth source and charge wealth tax on the same. Secondly, if you convert the same into INR it might be treated as income from other sources and you may have to pay tax on it but it will also show your bonafide in declaring it with tax authorities and also use the legitimate earned money into other things. This is where I'm confused. Taxing while converting to FIAT is fine, but on what tax structure or guideline Bitcoin can be taxed as a wealth as long as it is not converted to FIAT ? Suppose, someone is earning 0.1 BTC per month whose FIAT value typically varies between INR 3000 to INR 6000 as per recent market scenario. Now what wealth tax can be applied to this person when he accumulates 1.2 BTC at the end of the financial year and does not convert any part of it to FIAT ? Hi I don't mean to intrude, however, wealth tax shall not be applicable on the same. As long as it is held in BTC, no form of taxation under any law shall be applicable. Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: G K G on June 28, 2014, 12:52:27 AM This is too cool. But you definitely need to work on the website theme
Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: Fernandez on June 28, 2014, 07:34:44 AM Good to see this, might use this if volumes pick up.
Good luck! Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: adv.kanishk on June 28, 2014, 09:13:44 PM See as per current tax regime it shall not be taxable. As per my understanding, when you convert the mined bitcoins into INR and show it in your returns it would become taxable. Aso if you bought bitcoin in INR and you sold it after holding it over some period and made some profit then the difference in the buy and sell price would be taxable like in the case of properties. However, the valuation adoption and other things are still not confirmed. We may look into the issue deeply and provide you an opinion on the same, if you intend to.
You may contact me on my details mentioned herein below. Kanishk Agarwal Advocate CriTaxCorp Criminal-Taxation-Corporate www.critaxcorp.com +91-9999966252 This is to inform all the bitcoin enthusiast that a new bitcoin exchange have become operational in India. The url of the exchange is https://millibits.in There are no transaction fee, as of now, and even thereafter it will be a fraction of what other exchanges in India are charging. Hope you look forward to it and find this news useful!!! Welcome to BitcoinTalk. Nice to see an advocate is being involved into Bitcoin. :) Would like to know, by law, is bitcoin mining taxable in India, as long as the mined coins are not being converted to FIAT, i.e. INR ? As per my understanding mining of bitcoins will not be taxable as per current tax regime. However, the department may treat it as a wealth source and charge wealth tax on the same. Secondly, if you convert the same into INR it might be treated as income from other sources and you may have to pay tax on it but it will also show your bonafide in declaring it with tax authorities and also use the legitimate earned money into other things. This is where I'm confused. Taxing while converting to FIAT is fine, but on what tax structure or guideline Bitcoin can be taxed as a wealth as long as it is not converted to FIAT ? Suppose, someone is earning 0.1 BTC per month whose FIAT value typically varies between INR 3000 to INR 6000 as per recent market scenario. Now what wealth tax can be applied to this person when he accumulates 1.2 BTC at the end of the financial year and does not convert any part of it to FIAT ? Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: bitcoinisfurture on July 04, 2014, 11:46:15 AM I was going through the site and it says 'This is the country's only sub-second, user-to-user, bitcoin exchange with no trade limits'. Which is the first site?
Also, anybody traded from this site? Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: subvolatil on July 04, 2014, 01:39:52 PM I was going through the site and it says 'This is the country's only sub-second, user-to-user, bitcoin exchange with no trade limits'. Which is the first site? Also, anybody traded from this site? Haven't traded yet but reviewing the code it looks robust, but i'm no expert, Would like more of you to check it out and review the codes published in the site. But i do like the fact that they would allow API's, and all their communications are pgp signed and verified so very little chance of phishing attacks. Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: Aayush on July 04, 2014, 07:06:22 PM Millibits is a good website, 0 transaction fees for now, I have traded good amounts on it.
Depositing money and withdrawing money can sometimes take time, but they have told me that they are working on it, so that it can be faster. A good exchange though even if not aesthetically appealing! Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: Aayush on July 04, 2014, 07:07:51 PM I was going through the site and it says 'This is the country's only sub-second, user-to-user, bitcoin exchange with no trade limits'. Which is the first site? Also, anybody traded from this site? This is not what they mean By sub-second they mean instant exchange from bitcoin to inr and vice versa. And yes I have traded good amounts in this exchange and it is trustable :) Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: shahadil on July 04, 2014, 07:19:53 PM i have used it a couple of times. use it for some arbitrage opportunities that come up some time. have deposited bitcoins and withdrawn money as well. they seem to have a huge order book available most of the times. there trading is very fast.
also very responsive on email. Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: adv.kanishk on July 05, 2014, 07:24:40 AM Glad to see some response from real time clients of the exchange....
Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: ctptosec on July 05, 2014, 09:16:18 AM In the millibits.in mentioned that "ssl heartbleed safe. ssllabs https rating A+" but in ssl labs it shown "F"
https://www.ssllabs.com/ssltest/analyze.html?d=https%3A%2F%2Fmillibits.in Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: lisper on July 05, 2014, 10:23:01 AM In the millibits.in mentioned that "ssl heartbleed safe. ssllabs https rating A+" but in ssl labs it shown "F" Sorry about that. We've now:https://www.ssllabs.com/ssltest/analyze.html?d=https%3A%2F%2Fmillibits.in - updated our SSL to get back up to A+ - subscribed to openssl-announce and debian-security-announce to hear of new vulnerabilities sooner Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: subvolatil on July 05, 2014, 03:07:49 PM In the millibits.in mentioned that "ssl heartbleed safe. ssllabs https rating A+" but in ssl labs it shown "F" Sorry about that. We've now:https://www.ssllabs.com/ssltest/analyze.html?d=https%3A%2F%2Fmillibits.in - updated our SSL to get back up to A+ - subscribed to openssl-announce and debian-security-announce to hear of new vulnerabilities sooner That was fast :-) Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: techguy on July 05, 2014, 05:03:05 PM Quote bitcoin secret keys are never written to a web host's disk or network. they are stored privately, redundantly, and encrypted. hmac signed web session cookies browsers instructed to never leak cookies over unencrypted connections http strict-transport-security guards against sslstrip attack web clickjacking, referrer logging, session fixation attacks prevented sql injection impossible high performance single threaded trade execution, also ensuring data integrity first and second factors of authentication are rate limited, to keep your account safe from attackers no floating point arithmetic, so no rounding where we shave off fractions passwords hashed with scrypt (N=16384,r=8,p=1) all web and api input is sanitized before use. sanitization occurs with code evaluator disabled ssl heartbleed safe. ssllabs https rating A+ quality source of random numbers used, with seed saved across reboots no password reset feature that can be used by attackers totp qr code image filename is 160 secure random bits, as long as the totp secret email from us is pgp signed so you aren't easily phished your documents are stored encrypted by grey-celled passwords That's just to give you a sense of the attention we pay to security. Wow !! A good set of security locks !! Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: lisper on July 06, 2014, 10:57:14 PM Depositing money and withdrawing money can sometimes take time, but they have told me that they are working on it, so that it can be faster. This is true, unfortunately. We service deposits and withdrawals only twice a day, in bulk. I should have made that clear on our front page to avoid disappointing anyone. I've noted it there now.Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: ctptosec on August 26, 2014, 08:25:42 AM Millbits is for Mega Traders not for Small/Milli Traders.
Say, customer bought 0.01 btc, he will receive only 0.005. Customer sold 0.01 btc, he will receive only Rs.200 instead of Rs.300. Banker may charge only Rs 2 for IMPS/NEFT transaction. But your guys charging Rs 100 Block chain or any other wallet services charging 0.0001 BTC, but your guys charging 0.005 BTC. If you are providing zero transaction fee ;customer looses a lot. Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: bitcoinisfurture on August 26, 2014, 06:15:46 PM Any how its not much visited site due to various reasons.
Firstly in this instant world due to which bitcoin is know which could be transferred around the world in minutes millibits take 12 hrs for any withdrawal or deposit made to them (Twice in a day). Query resolution also takes long time to respond. It seems more as a part time project rather then a full time website. They do not even have the trade history of buy/sell as hardly any trades take place on the site. Also, various fees that is mentioned above are good reasons that one can easily avoid this site to trade with. Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: BTCIndia on August 27, 2014, 07:18:00 AM Can we have Demo Login Token from millibits?
Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: luckyindia on August 29, 2014, 04:42:03 AM ) :) :)Congratulations to Kanishk for launching the New BTC Exchange in India. I just have a few suggestions to make:
1) Tie up with stock market agents,brokers to enable online trading of stocks with BTC. 2) Tie up with private banks to promote their business. 3) Tie up with different E-com sites to promote their products and services thru BTC. Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: dashingriddler on August 31, 2014, 06:44:23 PM ) :) :)Congratulations to Kanishk for launching the New BTC Exchange in India. I just have a few suggestions to make: Not as easy as you may sound. We have learnt it the hard way.1) Tie up with stock market agents,brokers to enable online trading of stocks with BTC. 2) Tie up with private banks to promote their business. 3) Tie up with different E-com sites to promote their products and services thru BTC. Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: bitcoinisfurture on September 01, 2014, 08:12:10 AM ) :) :)Congratulations to Kanishk for launching the New BTC Exchange in India. I just have a few suggestions to make: 1) Tie up with stock market agents,brokers to enable online trading of stocks with BTC. 2) Tie up with private banks to promote their business. 3) Tie up with different E-com sites to promote their products and services thru BTC. Is Millibits owned by adv.Kanishk? Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: adv.kanishk on September 01, 2014, 11:27:50 AM @bitcoinsfuture- it is owned and operated by my clients not by me. I am their Advocate who looks into all kinds of legal issue, drafting agreements etc. which comes @ from time to time. We only provide legal services to the entrepreneurs dealing into bitcoin to make their business structure safe and legal.
Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: bitcoinisfurture on September 01, 2014, 12:15:21 PM @bitcoinsfuture- it is owned and operated by my clients not by me. I am their Advocate who looks into all kinds of legal issue, drafting agreements etc. which comes @ from time to time. We only provide legal services to the entrepreneurs dealing into bitcoin to make their business structure safe and legal. Thanks Kanishk. By the way it was @ luckyindia who said "Congratulations to Kanishk for launching the New BTC Exchange in India" . So I was wondering if you started as you are an advocate, and provide the services to your client. :) Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: Rotten Egg on September 01, 2014, 10:09:58 PM @bitcoinsfuture- it is owned and operated by my clients not by me. I am their Advocate who looks into all kinds of legal issue, drafting agreements etc. which comes @ from time to time. We only provide legal services to the entrepreneurs dealing into bitcoin to make their business structure safe and legal. Are u sure that u dont own any part of millibits in any way ? Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: adv.kanishk on September 02, 2014, 02:26:42 PM @bitcoinisfuture - Reply was for both you and luckyindia. I referred you as you asked a question and yes i am an advocate who provide legal services to the companies dealing in bitcoin businesses.
@rotten egg-: Kindly refer to my reply stated above. Elaborating on any query or discussion related to our client might lead to breach of confidentiality, which would be unethical. I replied as this thread was posted by me and certain wrong understanding was grounding up. Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: Rotten Egg on September 02, 2014, 09:13:58 PM @bitcoinisfuture - Reply was for both you and luckyindia. I referred you as you asked a question and yes i am an advocate who provide legal services to the companies dealing in bitcoin businesses. @rotten egg-: Kindly refer to my reply stated above. Elaborating on any query or discussion related to our client might lead to breach of confidentiality, which would be unethical. I replied as this thread was posted by me and certain wrong understanding was grounding up. Your reply does not say anything about my question. I think a real advocate does not come to a forum to promote his client and brag about a certain company being his client. If I remember correctly, Nishith Desai Associates published a statement about UnoCoin. I cant imagine Nishith Desai is coming to this forum and telling everyone that UnoCoin is his client. So, your deep interest in promoting millibits, in spite of being well aware about their incompetency, shows they are more than just a client to U. It actually looks funny. That is why I'm asking a simple Q - Do u own any part of millibits in any way ? p.s. Of course u can come up with your long standing shield - Elaborating on any query or discussion related to our client might lead to breach of confidentiality, which would be unethical. But, this is how u discredit your client's credential more & more, because in Bitcoin world people dont like deceiving entities. So, a clear disclosure of your ownership might get some facts straight !!! Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: adv.kanishk on September 03, 2014, 07:18:26 AM I am here to promote my client. U might have become active at this forum now only otherwise you would have known that I have answered many legal queries of many other people of this forum and try to do my bit. Millibits are our client but we never intend to promote them in any manner. I got introduced to this forum because they made me aware of this forum, so thats why this thread.
I do not see why would you be interested in knowing about my ties with millibits. I run my practice on the analogy that if the client grown, the professional grows with him and I operate in this manner only. If I have been here on this forum promoting my client only then the moderator Benson samuel or any other senior members are free to point the same to me and I shall sieze commenting at this forum. As far as I see you must be one of the founders or partners of an exchange running in India and that is why trying to throw mud and use such modes of comments to slander your competition. If not, then I do not see any reason of such slander and you anywayz do it for fun coz of your shortcomings. Lastly, we do not discuss client terms with anyone, you might not understand it as it relates to professional ethics and I cant do anything about it either. Regards Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: Benson Samuel on September 04, 2014, 06:26:24 AM I am here to promote my client. U might have become active at this forum now only otherwise you would have known that I have answered many legal queries of many other people of this forum and try to do my bit. Millibits are our client but we never intend to promote them in any manner. I got introduced to this forum because they made me aware of this forum, so thats why this thread. I do not see why would you be interested in knowing about my ties with millibits. I run my practice on the analogy that if the client grown, the professional grows with him and I operate in this manner only. If I have been here on this forum promoting my client only then the moderator Benson samuel or any other senior members are free to point the same to me and I shall sieze commenting at this forum. As far as I see you must be one of the founders or partners of an exchange running in India and that is why trying to throw mud and use such modes of comments to slander your competition. If not, then I do not see any reason of such slander and you anywayz do it for fun coz of your shortcomings. Lastly, we do not discuss client terms with anyone, you might not understand it as it relates to professional ethics and I cant do anything about it either. Regards Cannot see anything wrong with your participation or acknowledgement of anything in any way. This is a personal/ professional decision to involve in the forums. In fact, I believe that it is a good practice to have an advocate post on forums, etc. It is a smart way to protect the interests of the posted text for future reference. I cannot say anything about the questions asked by the others though, as this is a 'part free speech" :) forum. Their queries do look genuine and it's your absolute discretion to answer what you consider to be public domain information. Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: adv.kanishk on September 10, 2014, 07:31:45 AM Cannot see anything wrong with your participation or acknowledgement of anything in any way. This is a personal/ professional decision to involve in the forums. I do not have any answering the question Benson. I had the problem in the manner in which it was asked. Maybe these kind of things happen on the forum. Anywayz, since you think that it is a genuine question I would answer that milllibits are only our clients and we do not owe any share. I have already discussed that we work in a manner wherein we put our best effort for the client as the client grows a professional grows. In fact, I believe that it is a good practice to have an advocate post on forums, etc. It is a smart way to protect the interests of the posted text for future reference. I cannot say anything about the questions asked by the others though, as this is a 'part free speech" :) forum. Their queries do look genuine and it's your absolute discretion to answer what you consider to be public domain information. Regards -- Kanishk Agarwal Advocate CriTaxCorp Criminal-Taxation-Corporate www.critaxcorp.com +919971666252 +919999966252 Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: krishatnet on September 17, 2014, 04:21:53 AM Are you paying by checks or online funds transfer to banks.
Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: adv.kanishk on September 17, 2014, 08:20:58 PM millibits receive and transfer funds only through bank accounts
Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: ctptosec on October 07, 2014, 12:09:32 PM Is it Millibits traded on 6th of every month.As per millibits market trade history;6th of July traded most of the volume and again 6th of October traded.Remaining volume is almost negligible.Is it any logic behind this 6th day?
Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: adv.kanishk on October 07, 2014, 12:55:40 PM Well my friend I think the logic can be explained only by the registered bitcoin traders. As the trading is between User to User.
Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: shahadil on October 07, 2014, 03:31:22 PM hahahahaha, this is funny.
Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: Benson Samuel on October 08, 2014, 09:26:38 AM Is it Millibits traded on 6th of every month.As per millibits market trade history;6th of July traded most of the volume and again 6th of October traded.Remaining volume is almost negligible.Is it any logic behind this 6th day? Nice observation. I checked back on some charts and this seems to be some kind of pattern across exchanges. All around the 5th - 6th. http://bitcoincharts.com/charts/bitstampUSD#rg30ztgCzm1g10zm2g25zv (http://bitcoincharts.com/charts/bitstampUSD#rg30ztgCzm1g10zm2g25zv) Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: polynesia on November 01, 2014, 04:31:59 PM There seem to have been no transactions after October 6th.
Liquidity seems to be non-existent. Is this the case across exchanges in India? Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: newIndia on November 01, 2014, 10:52:34 PM There seem to have been no transactions after October 6th. Liquidity seems to be non-existent. Is this the case across exchanges in India? I'd like to be proven wrong, but it seems that the Bitcoin tide is slowly diminishing in India. Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: polynesia on November 02, 2014, 12:31:59 AM There seem to have been no transactions after October 6th. Liquidity seems to be non-existent. Is this the case across exchanges in India? I'd like to be proven wrong, but it seems that the Bitcoin tide is slowly diminishing in India. At least I see some buyers and sellers in this forum. Otherwise, people might begin to think they are stuck with their bitcoins. ;D Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: newIndia on November 02, 2014, 07:37:32 AM There seem to have been no transactions after October 6th. Liquidity seems to be non-existent. Is this the case across exchanges in India? I'd like to be proven wrong, but it seems that the Bitcoin tide is slowly diminishing in India. At least I see some buyers and sellers in this forum. Otherwise, people might begin to think they are stuck with their bitcoins. ;D U'll find buyers & sellers on localbitcoins as well. But, what I'm saying is, the volume is far lower since the great Gox failure :'( Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: Benson Samuel on November 04, 2014, 12:50:25 PM There seem to have been no transactions after October 6th. Liquidity seems to be non-existent. Is this the case across exchanges in India? I'd like to be proven wrong, but it seems that the Bitcoin tide is slowly diminishing in India. The merchant movement in India does not have a strong partner as yet. Betting that its gonna change through 2015. Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: polynesia on November 05, 2014, 12:32:16 AM There seem to have been no transactions after October 6th. Liquidity seems to be non-existent. Is this the case across exchanges in India? I'd like to be proven wrong, but it seems that the Bitcoin tide is slowly diminishing in India. The merchant movement in India does not have a strong partner as yet. Betting that its gonna change through 2015. Some new merchants accepting bitcoin could provide a flip to the movement. My bets would be on flipkart. ;D Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: BTC_King on November 05, 2014, 07:21:06 AM There seem to have been no transactions after October 6th. Liquidity seems to be non-existent. Is this the case across exchanges in India? I'd like to be proven wrong, but it seems that the Bitcoin tide is slowly diminishing in India. The merchant movement in India does not have a strong partner as yet. Betting that its gonna change through 2015. Some new merchants accepting bitcoin could provide a flip to the movement. My bets would be on flipkart. ;D I believe Amazon US accepts bitcoins. Why doesn't Amazon India? Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: moko666 on November 05, 2014, 11:39:19 AM I believe Amazon US accepts bitcoins. Why doesn't Amazon India? if i m not wrong amazon.com is not accepting bitcoin directlyyou buy gift card from a third party seller using bitcoin and redeem them on amazon.com and shop Title: Re: [ANN] New Bitcoin Exchange in India- No Transaction Fee Post by: adv.kanishk on November 07, 2014, 01:32:03 PM I don't think amazon US accepts bitcoin as payment mode. I recently ordered a book from amazon US and there was no option of payment method via bitcoin.
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