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21  Other / Meta / Re: Stake your Bitcoin address here on: March 02, 2016, 03:38:12 PM
add quote mine
18KEyX6SCTLK9CBdE5KqJYohuFnUMFjYF6

Just stumbled on this thread, here's my details


----BEGIN BITCOIN SIGNED MESSAGE-----
This is learncoin from bitcointalk.org and today is 2016.03.03
or as some might say the 3rd of March, 2016
-----BEGIN SIGNATURE-----
1Kv7nX9EipSBajQJ67sjaV8caty6YW7Y1J

IBKKPyZeMwAvnY6zFo/+H9MildhXVZrdCoPBiO6aqWqIPkS5lKgupXDb1+GtPf3VY4kLTaln9DCWM9HiPFKdKDc=
-----END BITCOIN SIGNED MESSAGE-----
22  Local / India / Re: Future of cryptocurrency on: March 02, 2016, 07:28:44 AM
Many cryptocurrencies are currently being developed like bitcoin, dogecoin, dashcoin , litecoin etc. Just like now we have different paper currencies for different countries. It is possible that in the future each country will decide or develop its own cryptocurrency?.  What do you think about this? Please share your views.

Each country(eg https://en.wikipedia.org/wiki/Auroracoin), religion(for eg, https://bitcointalk.org/index.php?topic=986527.0) or other divisions creating their own coins will simply create more confusion among people. Cryptos are meant to be anonymous, and creating restrictions for who can use certain cryptos, will be fundamentally flawed.

Cryptos like bitcoin, dogecoin, dashcoin , litecoin are successful cause they does'nt have any T&C with them. So, I think each country developing their own crypto isn't a good idea.


23  Local / India / Re: Do you think merchants should use Bitcoin or crypto currency on: March 02, 2016, 07:07:09 AM
As you have seen that more and more users from India are now getting into crypto currency and companies like zebpay and coinsecure makes it easier to buy bitcoins.
So do you think merchants like flipkart and amazon should use bitcoin as alternate payment gateway.

I guess online retailers would love to use BTC since it will cut their banking fees. Once the retailers starts using bitcoins, the awareness of cryptos will also increase throughout the country.

BUT the problem here for the retails is the uncertainty of government's position on cryptos.
24  Bitcoin / Bitcoin Discussion / Re: "I want to be able to vote online..." on: March 01, 2016, 04:01:20 PM
I guess voting is possible even without blockchain protocol. With basic understanding of internet, people can vote using their IDs as passwords in a simple https page.

But then again, there can be several other problems such as  location of the voter, internet connectivity, fraud and of course corruption within election officials.

25  Local / India / Re: Welcome to Indians on: March 01, 2016, 03:38:28 PM
Hello bitcoin people. So I am from all over India and kinda new to the bitcoin world. I am not related to tech in anyway, but I have heard good things from my techy friends about this new money couple of months back maybe. So I have been reading this forum and other bitcoin related articles on and off for few days and have decided to join this forum to know more about bitcoins. Thanks.

Hi there. welcome to BCT and the world of bitcoins. If u have any queries do ask. There is a lot to learn about crypto currencies.

 For now, I am still getting the feel of navigating the forum, but I have many queries to ask and share, which I will be doing soon.......
Happy to see new indians joining bitcoin community everyday.Hope we soon surpass chinese bitcoin users and become highest number of btc users in world

Hope the day comes soon. But if we want to compete with chinese, we still have a long way to go in terms of educating public on btc,  btc infrastructure (Acceptence in shops, atms) etc. The chinese have an advantage here as they already had an established internet infra, and so they could grasp the understanding of cryptos quickly. On the other hand, we Indians love money, and keep searching for more ways to earn and save it. So if someone comes out with platforms to show the advantage of bitcoins, I am sure everyone will be jumping for it...
26  Local / India / Re: How to explain bitcoin? ? on: March 01, 2016, 03:26:30 PM
I have a problem in explaining bitcoin to people in Hindi.I dont know the Hindi equivalent of many words like cryptocurruncy,peer to peer etc I was wondering is there a easy way to explain Bitcoin to someone layman who doesn't understand English?

Sometimes, it is better to retain the original English technical words, rather than inventing something in Hindi as its translation. 
No point in reinventing the wheel.  Smiley

Yes but you cant mention some english words to villagers and expect them to understand it.You need to coin new words

 I think Indian villagers are long long away from understanding bitcoins and cryptos in general. I mean if you want to explain them what bitcoin is, you will have to start from internet itself. Then again, youths today who are hooked to social media and knows what basic internet is, have a better chance to learn more about bitcoins. I believe we are fairly young country, and as more Indians go deep inside internet, the understanding of cryptos will become popular...
27  Bitcoin / Bitcoin Technical Support / Re: A transaction has 0 priority on: March 01, 2016, 01:34:37 PM
Too bad... So, as far as I've understood, in the worst case I could wait until the priority of my first transaction becomes something like 57,000,000? It's 6,500,000 now and is growing about 2,000,000 per day...
https://www.blocktrail.com/BTC/tx/d902bc7ecc0d236aafed14ef509be63cd2e357ab6a7f8c2a2d7d4f343ecf3e81

 Can you explain a bit what you meant by priority of 57,000,000...
28  Bitcoin / Bitcoin Discussion / Re: Tell me why Satoshi Nakamoto didn't spend a Satoshi from his 1 Mio BTC on: March 01, 2016, 01:14:31 PM
How about
Satoshi Nakamoto is NASA

Maybe Satoshi Nakamoto is some government agency of some country and did bitcoins without approval from the government, and now they are afraid if they expose their project nothing good will come out of it.

Just my two cents.
29  Local / India / Re: Welcome to Indians on: March 01, 2016, 12:52:53 PM
Hello bitcoin people. So I am from all over India and kinda new to the bitcoin world. I am not related to tech in anyway, but I have heard good things from my techy friends about this new money couple of months back maybe. So I have been reading this forum and other bitcoin related articles on and off for few days and have decided to join this forum to know more about bitcoins. Thanks.

Hi there. welcome to BCT and the world of bitcoins. If u have any queries do ask. There is a lot to learn about crypto currencies.

 For now, I am still getting the feel of navigating the forum, but I have many queries to ask and share, which I will be doing soon.......
30  Local / India / Re: How to explain bitcoin? ? on: February 28, 2016, 05:58:41 PM
I have a problem in explaining bitcoin to people in Hindi.I dont know the Hindi equivalent of many words like cryptocurruncy,peer to peer etc I was wondering is there a easy way to explain Bitcoin to someone layman who doesn't understand English?
It is really difficult to understand bitcoin unless some concepts are clear to you. There is lot of information on the internet, however for layman it is still difficult to grasp. One of my friend is working on the site which will give information on cryptocurrency as well as other concepts like mining, gambling etc in a layman language. I will share a link when he completes it.

Hello, I don't think there are any Hindi words for cryptocurrency and such, since these terms are fairly new in English language too... Maybe we will have to use a combination of Hindi words for now

This is my rough attempt Tongue
crypto-computer dwara banai gai koolekhan mudra
peer to peer-kisee anya vyakti se aur ek vyakti tak
Mining-computer se khanij/khanan/khanna
gambling-internet pe jua ka khel
31  Local / India / Re: An Easy way to understand Bitcoin on: February 28, 2016, 04:51:50 PM
Nice article, and a bit outdated, for ex the robot doesn't put 50 coins in the piggy bank anymore...
32  Local / India / Re: Welcome to Indians on: February 28, 2016, 04:43:44 PM
Hello bitcoin people. So I am from all over India and kinda new to the bitcoin world. I am not related to tech in anyway, but I have heard good things from my techy friends about this new money couple of months back maybe. So I have been reading this forum and other bitcoin related articles on and off for few days and have decided to join this forum to know more about bitcoins. Thanks.
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