Stop falling for this scam guys..
Are you sure bitcoin and cryptocurrencies are legal in India? They recently implemented a lot of rules and took some drastic demonetization steps. I am pretty sure their so called legal team doesn't even exist and have checked with local laws.. and their liability section is laughable. here is one..
The field of digital cryptography is very new and for this reason there is a risk of unforeseen attacks on several or all parts of the BitIndia system
'In no event shall Bitindia, members of Bitindia staff, contractors, or volunteers be liable for: Any lost profits, lost savings or incidental, indirect, special or consequential damages, arising out of your use or inability to use the services or products offered by Bitindia or the breach of any of these Terms by any third party'
While future regulations in India are uncertain (as with a lot of the world) most of the news I've seen suggests they wont be going for anything like an outright ban, but note that the company itself is registered in the UK which currently have pretty favourable crypto laws AFAIK. Also that clause sounds like a pretty standard one that any exchange who knew what they were doing would have, TBH if it wasn't there it would raise flags for me not the other way round. Crypto is risky and often when there is risk there is potential for good rewards, the same goes for many things outside of crypto too, everyone has to weigh up the risk:reward ratio for themselves but people on this forum too often seem to mistake risk for a scam.
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Hi, where can I find the token details?
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hello! I'd like to participate to the public sale. I registered my public pre-sale KYC APPROVAL what should i do now ? can i already purchase BITINDIA or have i to wait an answer that they have registered my info on their contract? if yes how and when will i be answered? thank you in advance
Wait till you recieve a confirmation email (within 24hrs); https://twitter.com/bitindia_co/status/918327844043812864
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As a matter of Rep this project is backed by John Mcfee , If this news is true as per Bitindia website then they have got serious potential people but i would like to get this verified before investing a penny in this project.
He tweets/retweets about it on his twitter @officialmcafee and can be seen talking about it here; https://www.youtube.com/watch?v=qh7bTwCYwFs
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He also tweets/retweets about them @officialmcafee
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Well dang... looks like I'm late to the party
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Is there anybody of the devs in this forum? When do i know if my adress change to the neo gui wallet is accepted?!
If its any consolation, I am also still waiting for my confirmation
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This thread is turning into a joke - same 4-5 people FOMO-ing the hell out of it. It's not even an ANN thread anymore And the same 1-2 people FUDing it... sounds like your typical BCT ANN thread to me ¯\_(ツ)_/¯
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Clean it up... "you cant just pick two points, draw a line between them and call it a trend." you say this "you are too fixated on a momentary anomaly, something of which you cant get any meaningful data from" and then offer this "The simple fact is the price is indeed falling and the current trend is a downward one, whether you like it or not." BCC is still at .136, far above where it was trading even initially before the Chinese ICO ban... you furthered and defended the post claiming it was falling and ridicule me (still) for offering that overall it is up relative to where it was BEFORE the point in time where the market as a whole fell... I didn't call anything a trend, I said relative to... relative to... relative to... you defend a post making a generic claim "falling" and still defend it when there was no point of reference given.. I even asked for you to cite relative to what, falling from what? But you continue.. while the price is still up Look at a chart and figure it out, its not rocket science...
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You failed to call out anything with any valid information. You failed to call out bek77 for his spinning of information, but if I had to guess it fuels your narrative so there's no surprise is there? The fact is that the price of trading of BCC at the time of China announcing ICO bans was lower relative to the price at the time that another poster (bek77) claimed the price was falling.. BCC is still relatively up (from the time of that news) *opposed All he said was "the price continues to fall", which in the current trend is true, if you want to talk about the longer trend then its pretty much sideways. You can pick arbitrary points to make it look any which way you like but I dont see the point in that. Relative to what? Falling from what? You must see some point as you selectively chose to ignore the trading price for a global "normalized" price, yet you fail to use that same global approach to the market as a whole when the ICO China ban slammed the market, and here BCC is up... Today is the 9th, the trading price is near what it was on the 6th, that is 3 days ago. Both of which are ABOVE the price it was at at the time of the ICO ban, which if we note the whole market tanked as a whole some $30+ Billion... That you chose to minimize said poster, and nitpick what I'm saying says plenty... carry on Look, if you cant see current trends thats on you, you cant just pick two points, draw a line between them and call it a trend. I dont think I ever denied that the ICO ban dropped the market, as did the Chinese exchange (fake) news but I fail to see the relevance to the current and/or long/mid term trend, you are too fixated on a momentary anomaly, something of which you cant get any meaningful data from. The simple fact is the price is indeed falling and the current trend is a downward one, whether you like it or not. My personal expectation, if you care, is it will start to level out over the next 24 hours and continue its longer term sideways trend but I see no sign of an upward trend at the moment, anythings possible but based on the charts and not being aware of any major news in the next few days thats how I see it. If you think its on an up trend more power to you, I just dont see it at all.
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You failed to call out anything with any valid information. You failed to call out bek77 for his spinning of information, but if I had to guess it fuels your narrative so there's no surprise is there? The fact is that the price of trading of BCC at the time of China announcing ICO bans was lower relative to the price at the time that another poster (bek77) claimed the price was falling.. BCC is still relatively up (from the time of that news) *opposed All he said was "the price continues to fall", which in the current trend is true, if you want to talk about the longer trend then its pretty much sideways. You can pick arbitrary points to make it look any which way you like but I dont see the point in that.
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the price continues to fall
"fall" to $590? For some reference... at the time of the Chinese ICO "ban" BCC was at 13000000sats At the time of this posting of "price continues to fall" BCC is at 13700000sats So as you can see, according to some users (bek77) "price continues to fall" is the equivalent of "up 700ksats or 700,000sats or up 0.007BTC since the announcement of the China ICO ban..." some interesting observations and perceptions and conclusions made from said observations. *~0.127BTC/~$555 Were you making some point? Just pointing out you either had a typo or your data source was wrong. Can you be more specific to the typo? BCC is currently at .1369 sats and was below .130 sats at the time the China ICO ban came to news... I fail to see the error but it's early and I just started my coffee aah you must be citing "coinmarketcap" well, those prices become valid when they offer a platform to trade at those prices, the prices I listed were realtime trading prices at an exchange that had transactions occurring at those values. Or is it something else still? So basically you're over inflating the prices you are using intentionally or picking and choosing your low and high point sources to spin a half truth that fits your narrative. That is the conclusion you make? That from the actual trading prices I'm intentionally picking low and high? Seriously? You cited a platform that DOESN'T ALLOW TRADING AT THE PRICE YOU CITE, even now BCC is listed at ~$550 on coinmarketcap, where are they selling it for that price may I ask? At Bittrex (where trading actually happens) it is currently selling for $580. Look in a mirror So tell me again, is BCC currently trading at, below, or above the price it was when China announced they are banning ICOs? My whole point was in rebuttal to "the narrative" that BCC is falling... because it isn't.... even amid the China FUD it is holding higher, but you are spinning my rebuttal to somehow foster your untruths. FYI CMC is a volume weighted average from exchanges (places that people buy and sell coins), its not just random numbers pulled out of thin air. You can find numbers from whatever corner of the internet you like to fit your narrative but if you want to talk market trends look at the whole market, the current trend right now is down. If you really feel aposed to looking at the market as a whole at least look at high volume exchanges, the top 3 trading BCH/BTC pairs are Bitfinex, Huobi and Bittrex all of which are trending down in the last couple of days. I'm not against people who feel like BCH is something they like but spin doctoring to try and build support from people who dont know any better isn't a good look IMO and I will call it out when I see it
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the price continues to fall
"fall" to $590? For some reference... at the time of the Chinese ICO "ban" BCC was at 13000000sats At the time of this posting of "price continues to fall" BCC is at 13700000sats So as you can see, according to some users (bek77) "price continues to fall" is the equivalent of "up 700ksats or 700,000sats or up 0.007BTC since the announcement of the China ICO ban..." some interesting observations and perceptions and conclusions made from said observations. *~0.127BTC/~$555 Were you making some point? Just pointing out you either had a typo or your data source was wrong. Can you be more specific to the typo? BCC is currently at .1369 sats and was below .130 sats at the time the China ICO ban came to news... I fail to see the error but it's early and I just started my coffee aah you must be citing "coinmarketcap" well, those prices become valid when they offer a platform to trade at those prices, the prices I listed were realtime trading prices at an exchange that had transactions occurring at those values. Or is it something else still? So basically you're over inflating the prices you are using intentionally or picking and choosing your low and high point sources to spin a half truth that fits your narrative.
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the price continues to fall
"fall" to $590? For some reference... at the time of the Chinese ICO "ban" BCC was at 13000000sats At the time of this posting of "price continues to fall" BCC is at 13700000sats So as you can see, according to some users (bek77) "price continues to fall" is the equivalent of "up 700ksats or 700,000sats or up 0.007BTC since the announcement of the China ICO ban..." some interesting observations and perceptions and conclusions made from said observations. *~0.127BTC/~$555 Were you making some point? Just pointing out you either had a typo or your data source was wrong.
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the price continues to fall
"fall" to $590? For some reference... at the time of the Chinese ICO "ban" BCC was at 13000000sats At the time of this posting of "price continues to fall" BCC is at 13700000sats So as you can see, according to some users (bek77) "price continues to fall" is the equivalent of "up 700ksats or 700,000sats or up 0.007BTC since the announcement of the China ICO ban..." some interesting observations and perceptions and conclusions made from said observations. *~0.127BTC/~$555
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...
Do the math. At $.01 cent a coin, when the coins can easily reach $10 to $20 dollars. This is easy to see when you compare this to similar projects, look at their marketcap, and the do the math.
... Are you sure about that? At $10 it would have nearly the same market cap as BTC with just the ICO coins (<1/3 of the total supply), seems a bit steep for something where, as far as I can see, its two main points of "innovation" are easier to read numbers and CPU mining, neither of which are all that special. Unless you are talking $10-$20 in 10-20 years I think ~$0.1-0.2 in the short-mid term might be a more realistic goal. This project does look to have potential mostly from a marketing point of view rather than a technology point of view which can be just as, if not more important in the alt coin world but I think going 1000-2000x is being a little overly optimistic unless there is something you see that I've missed?
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ITS ON AND ITS OFFICIAL BITKAN http://bitkan.com/event?from=bitkanenNotice: The Date and Location Change of the Shape the Future Summit As the summit host, the event team in BitKan carefully balanced the pros and cons of the risks of Beijing’s city security updates and the ICO supervision from the central bank. Though we have reported to the local enforcement and there will be no ICO related contents on the summit, we decided to change the time and location of the summit to lower the risks of being cancelled. The good news is, through our active coordination and communication, the summit will be relocated to Grand Hyatt Hotel in Hong Kong during September 20th to 21st. After our confirmation with the guests who were going to give lectures and speeches during the summit, most of them will still present in the rescheduled summit in Hong Kong. At the same time, a majority of attendees will continue to support and join our rescheduled summit. Hereby, BitKan sincerely appreciate the support and understanding from every single one of you. If you have already purchased the Beijing summit tickets, we will reserve the pervious attending qualification for you. We look forward to meeting you in Hong Kong this time! And if there are more ticket openings available, we will reopen our ticket purchase channel. If unfortunately you cannot attend because of this change, please send us an email to summit@bitkan.com with the title of “summit refund + name”, we will arrange the further refunding procedure for you. Time to grab the last few Bitcoin cash under $600 asap Wow. This is actually huge. Bullish as hell for Bitcoin Cash this month. Why specifically for BCH? I'm confused. Not sure who everyone is but a lot of the guests and speakers are big blockers who are very involved with Bitcoin Cash. Also, in addition to those reasons, Bitcoin Cash has existed longer. https://cash.coin.dance/blocks. Currently, Bitcoin Cash is 1190 blocks ahead of the original chain.
If I were to open up my Bitcoin Cash wallet, it would show every transaction I've ever made in the history of my use of Bitcoin since 2013. And the chain that has the most amount of proof of transactions, is the most trusted chain. In the original Satoshi White Paper "Bitcoin: A Peer-to-Peer Electronic Cash System", the longest chain is the most valid. http://nakamotoinstitute.org/bitcoin/"The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power."TBF theres more than a wee bit of spin doctoring involved there "Satoshis vision" didn't include an EDA and because BCH has one the longest chain doesn't actually have the largest pool of CPU power, the important part of that text, but even that is taking that quote somewhat out of context. If I were to fork BTC and have a low fixed difficulty and 1 minute blocks I could point a single 486 at it and have the longest chain, in your eyes would that make my fork the most valid? Say what you will about Jihan but he does have his moments; "America is not England. America is America. Bitcoin Cash is not Bitcoin. Bitcoin Cash is Bitcoin Cash." - Jihan Wu https://twitter.com/JihanWu/status/898956609677688835
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Yea, the trust system on BCT is pretty broken, best just ignore it IMO, its just a shame people who haven't realised this yet will take it seriously...
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Given the current news I feel obliged to ask what country is this ICO based out of?
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where announcement thread ?
You're on it. Perhaps this should be in the announcements section
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