There are no official exchanges in India that will allow you to sell Bitcoin without undergoing KYC verification. Rules are strict here and so are Bitcoin prices very high.

You can try Local Bitcoins though but depends on the person selling if he requires ID proof or not. Also you need an Indian bank account to get the transfer done.

As far as i know in futures cash settled so basically this market is people betting each other in USD on what will happen to the price of Bitcoin. No Bitcoin is being moved or delivered here. For each futures trade there is a counterparty betting USD, not BTC. They measure the price of BTC exchanges and go off that for the market. Please correct me if I am wrong.

This is the reason why most people tell you to HODL the BTC and hope they see the real meaning of it now instead of panic selling. People start spreading fear about BTC 'crash' but it was obvious to happen since months back it was around $2000. Though BTC has gained more than 1000% this year, just because of a small, momentary drop, everyone complains because they’re not millionaires yet.

I get that many people just bought more when it was near $12,000 but that’s what you get when you buy near ATHs. Anyway it doesn’t matter because it’s definitely not going to stop below $20,000 or $30,000 or $50,000. But many just don’t understand that. They want all that money now.

Most of the the newbies aren't investors but gamblers. That's the difference. There are plenty of smart people who are sitting back with a bunch of fiat ready for the correction

This is great news. Never attended any Bitcoin or Blockchain related events before. Will surely do this time as I live in Bangalore and learning new things day by day about Blockchain technology. Excited to meet some like minded people from the Crypto world!

Like everyone mentioned half of the airdrops are shitdrops. You will join so many that you will eventually forget you ever joined. Most of don’t even send the coins and you can’t do anything about it. Also don’t give all you personal information unless you want spams haunting you.

One more thing. Don’t install any wallets as they might contain keylogger and other virus. Too much greediness can cost you.

Assuming that people are trading BTC for Alts, If they're dumping into fiat the supply of bitcoin is increasing rapidly. And most of the altcoins are traded with BTC pairs, so if a lot of people dump their BTC into dollarydoos it's not illogical that altcoin BTC pairs take a dip. I might be wrong in this though.

Also the falling of price is anyones guess, maybe some big whales sold a lot of BTC or maybe the bubble actually starts to pop right now. That part is speculation.

It was expected to come but not so early. BTC increase like crazy also increased fear in people as it was not a healthy rise happening. Now the value should correct itself after a few days. Now is also a good opportunity to put some money in and buy more. Also if you are a Hodler of Bitcoin then this shouldn't matter so much.

I can do it. But it will be 1:1 rate. U will have to go first and preev rates. Let me know by PM.

I need to make Payment to a certain reshipping company. My country doesn't allow sending of WU remittance. So if anyone would like to do this for me let me know. Payment is of $16. Will send BTC or ETH or Paypal. (1:1 rate)

Are you going all in at once or would deal with smaller amounts with different people. Because 0.2 is a lot of amount for a Paypal transaction.

I've got $100 Paypal on me right now. If you want I can send that. let me know.

So no more using Bitcoin to send Payments I guess. This was not Satoshi's vision about Bitcoin. Bitcoin is becoming an investment and losing the liquidity it was intended for; when everybody stops using Bitcoin as currency it loses its inherent value

In terms of price I can't guarantee that. Bitcoin has been more of a store of value. But the original aim was to use it as a digital currency which it lacks abundantly now. There is no way to send a small transaction without paying higher fee unless you wait many days for confirmation

There are many alts out there that has already achieved fasted and fee-less transfer of coins. Unless Bitcoin overcomes these issues I don't see the point of using it as digital currency.

You can start trading with $25 but I wouldn’t suggest. You won’t see any profits and the chances of losing money are also high. Unless you have invested in a right coin at the right time and it’s shoots up.

As the other user mentioned you are better off buying an altcoin that has potential to reach higher value before end of 2018. Altcoins like IOTA or NEO. Just my two cents.

These type of questions get asked everyday but no one is certain what is going to happen. So better to ask yourself whether do you want to hold for a long run or just here to be billionaire and buy a Mansion tomorrow? Because if you are try to wait for a dip, it my or may not happen. But if you want to hold your coins then surely it will be worth it if you buy anyday now!

There must be some reason they will have disabled your account right? Care to explain? Since Bittrex is a trustworthy exchange.

Last time i saw wagecan card works outside EU. Also check the fees of wagecan as you wouldn't want to shell out a lot of money on it.

https://wagecan.com

Haha. Better to change title to two ways to get scammed. Newbie, 0 posts, Paypal, unrealistic exchange rates. Hope no one falls for your trap.

I saw your PM just now. First of all sorry that you might have gotten scammed. Secondly you haven't mentioned that you need to pay for some item with someone else Paypal, as you told in the PM. Since Paypal payments sent don't always go through due to billing address mismatch and other things. 

For the scam issue I don't think the user will respond. If he wanted he would have done it within that hour itself. Don't go to deal with ranks here. People are selling accounts like cakes in the forum. Better to open a scam report so other users are safe. Anyways sorry again. I know getting scammed sucks. But you will have learnt a good lesson now.

Though the time frame of 50 years is very high, I see that in the future more and more government bodies would be waiting to regulate Blockchain under their control. But on the positive side we should see more and more implementations of the technology in Banking, Finance, Stocks, Industries etc. I bet it should happen within the next 2 years or so. Seeing the genuine interest in this technology by such multi-billion dollar organisations and at the same time seeing multiple startups sprouting the future of blockchain is quite bright.

Never heard of it but why would you invest so much BTC without doing any research on where you are putting your money??

There are many mining ponzi scams running lately.

PS: Did a little research and it looks like a scam. I could be wrong though.

https://bitcointalk.org/index.php?topic=995654.0