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In Lucknow, they have increased the electricity cost by more than 25% or so. If you have a source of free electricity like a government quarter, then mining can be profitable.

Just declaring that it is illegal will not help. They will have to close down all exchanges and also stop people from buying from exchanges from outside the country.

Dealing with a unknown person can be very risky. It is better to buy from a reputed exchange like Unocoin.

That may happen sometimes depending on the current workload they are having. If you compare with other exchanges, they are still doing good.

What is the basis of your prediction ? It may remain on the same level. For the past one month, it has not grown much.

I can do this. Will you be able to pay upfront ?

I am willing to join but would like to know that how would the information provided there be different from that shared here. If there is no additional value, what is the point to join.

There is no need to worry for people who are paying taxes on the earnings through BTC. If you are doing big transactions and try to avoid paying taxes, then it can be a huge problem.

No, In my opinion majority of people understand Hindi. If you see the most popular news channels in India, all use Hindi only.

I have heard this problem from a lot of people and  thus it appears to be a common issue. You should try contacting the support more frequently or switch to another platform like unocoin.

You can  sell on local bitcoins. But I strongly suggest you that you pay the taxes on the profit earned. With the recent government regulations regarding this, you will eventually get caught that can be very painful.

Did you got a buyer. I am also planning to sell a land in Varanasi for BTC and would like to know about the transfer process.

Now that the price of BTC is about $15000 or so, it is impossible to earn that much from signature campaigns. You need to invest some money , then trade in alt coins and convert it back in BTC.

How much is your investment now ? Did you sell some or invested all the money in alt coins.

In my opinion this will take time. Politicians are making remarks just because BTC is getting that much popular. Even if the exchanges shut down, we can trade from exchanges outside the country.

User: krishnaverma
Position to Apply: Jr. Member
Posts Start: 40
Address: 3DbYgcTWuLrtUfbeuDXhGaLQ8BbmMTQaT7

Thank you. Will update the signature once accepted.

User: krishnaverma
Position to Apply: Jr. Member
Posts Start: 40
Address: 3DbYgcTWuLrtUfbeuDXhGaLQ8BbmMTQaT7

Thank you very much

My only suggestion is that do not sell in loss. If you are in profit and worried about fluctuations, you can sell.

It is quite volatile currently and thus you made the right decision by selling as fluctuations were affecting you. Now do all the maths on taxes and calculate final profit.