True. Everyone in India is selling at a premium. Too much greed?
If it was only user-to-user exchange rate (coinsecure) which was at premium rates, i would call it greed. But the direct buy (unocoin) prices are also at same level. This much difference cannot be attributed only to currrency conversion charges, right? Coinsecure price always been way much lower then compared of unocoin and zebpay. Can anyone suggest me any foreign exchange from where I can buy BTC You can buy if you have Moneypolo Verified account . Add funds via Credit / Debit card and then withdraw as BTC-E Code or withdraw to OKPAY then get bitcoin [ Total process can get you 6 - 8% fees ] You can buy from bitlish.com(KYC to be submitted) through credit card. Current price - 2345$ Fee-4%+0.25$=~95$ Now Convert it to INR=2440x65=158600 Plus Foreign conversion markup fee+tax on CC=4.1% =165103 Current price on coinsecure 189000 Profit-->189000-165103=23897(in one day) I have not included exchange fee and bitcoin transfer fee If you do this method often you will come under FEMA act of Indian Govt. There is a limit of 10L or 50L per year for credit cards under FEMA act,not much sure about this.. If there is limitation then only couple of transaction can be done else it would be a huge problem if you break FEMA rules. So then how are other doing it? Is it only couple of transaction people are doing in a year through this way or is there any other way where you do not fall under FEMA? |
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Yes true and I agree, buy bitcoin never loss, the prices always go up so make us always get profit, I'm sure, the price a month again will reach more than $4000. Buy bitcoin is the best investment.
Buying when the bitcoin price is at high is not advisable especially when there is no special reason for the price movement. Its more about speculation and making investment at this point is not really a good reason. Chances are that it may crash and your investment may gone down significantly in bitcoin. SO think and invest because you can always buy at lower price once its goes down. |
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Invest on BTC. I see that it's growing every day. I have to invest as much bitcoins as I can, and sell it when the time is right and profit is big enough. It's just like I'm playing in stock exchanges.
Be careful if you are investing all in btc. BTC is already on all time high and there was no such big reason in past few days that btc price soared so high. So a fall in place means almost 500$ down will be easily. So ensure you can sustain a loss if it falls or else buy and sell in some profit itself. |
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The project looks good and promising. Also as the price of btc is at all time high, seems to be the right time the project is launched as many would be looking to invest in alt currency so that they can easily grab a few coins and once the sale starts the value will increase and can make good profits in long term.
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Btctalk name : bitcoinisbest
Rank : Sr. Member
Current post count : 1139
BTC Address : 1MrYvcLW6WHePxF6FL7KTrBubtxRMKcYvV
Wear appropriate signature : Yes
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The spread between South Korean and the western exchanges too huge, this is a good trading arbitrage for those that have huge fund for trading
How easy it is to open the btc trading account in S. Korea exchange and amount withdrawal must be taking lot of time? I don't think that will be so easy to do arbitrage between say S. Korean exchange and bit stamp or some local exchange. Just like in CHina withdrawal of your amount is not easy it takes days before you get it so you lose out the opportunity actually. |
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The world would have been a better place, full of hardworking and enterprising people and less of greedy fellows.
Actually, gambling was introduced to have a fun but people are misusing it to make a quick buck. It is people mistake not the gambling concept. Because as long as people want a free and fast money then they would have found some means if gambling was not introduced. Now also hard working people will never spend their hard earned money in gambling except few. Rightly said that now people use it to make quick bucks rather than playing it for entertainment. Due to which they lose out the money and in order to recover those lost money they play more, get loan or ask from friends or relatives and become addictive to it. |
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You can try different escrow and loan service available here offered by various member. They may be able to help you out. Also you are a newbie so may be you need to provide very good collateral so that any one can give you loan as required by you.
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The loss term will defer from person to person as its being very subjective. If you talking about a particular intraday trade than may be it may range from 10 - 50 % depending upon risk appetite of individual . And for short term like say 10 days - 30 days buying btc for trading then again it will change as btc prices fluctuates a lot.
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Before one starts to gamble, the person needs to know what he or she is doing before the person spends on it , without the knowledge, the person will just spend money and eventually get nothing out of it. I wouldnt advise a newbie to gamble without knowing nothing about gambling.
Well yes one should be aware exactly what he/she is doing and what will be the repercussion of it. Also anyone who starts for the first time anything is the newbie, but if they continue doing same thing again and again becomes habit and they become professional if they understood the functioning or they become loser as they lose money in that. |
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OP - Why do you want to speculate about 10 years? Can you even speculate for 1 year will be great ill it cross 4000$ in another year will be great. Nobody knows its future as many county may ban this since its not approved or governed by any authority. So crash may bring down the rates of it.
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The author has described bitcoin with a comparison with some other assets making people realize bitcoin to be the good investment and not gonna get the state of an mainstream currency. In the article finally he had concluded suggesting users to buy when the price drop happens due to some media impact and hold for a better profiting.
Well bitcoin can never become your main currency because to become mainstream currency it has to be accepted all around the world and btc is not being approved by few countries and also its digital currency.Many people do not have electricity to access and still unaware how to even deal with such currency. |
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The most gambling problem that people always encounter is when do don't feel to gamble they impulse to gamble also when they lose they always want to chase there loses from gambling they don't to try another luck on different gambling site there always a good site where they can test there luck and guts.
This happens when you get addicted and you gamble to make profit rather than play it fr entertainment. If you play for fun and enjoyment you will be your control and will take care of your losses or limit it. But if you intent to make profit then obviously you will end up in more loss since you will play more to even recover loss |
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Yes it is true that England and SA will be a tightly contested match but England does have a really better and stronger ODI side as all of their players are in prime form and it is going to be a challenging tour for South African as ABD is coming back into the team after a long gap and happy to see him back.
ABD is main player as he can change the cruse of game anytime with his batting skill. Though currently he is out of form as he was not much able to do in IPL other than 1-2 inning. Well England on other side is well balanced and seems to look little better on paper atleast. |
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Every investment has its own risk level, and BTC and other cryptocurrencies are no different. You should be careful when dealing with this, and going all in sounds like a good idea if you are young, but you need to keep in mind that you can lose a great part of your investment. Caution is advised.
This is so true. Everything has the risk associated with it which ever asset class may be like equity, debt currency , bond market etc. All have the risk since those are depending on various factors local + global and which cannot be controlled. So its always said never put all your eggs in one basket. Distribute the amount accordingly so that you can mitigate the risk. |
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I do not think anyone will invest like this only without you giving any more info right here. Also what is the escrow amount you are willing to give to the person in order so that you assure others who wish to invest that you will not run away from their money?
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Many people still choose captcha and faucet. But in my opinion both spend a lot of time and energy with results that are not so satisfactory. For me trading and playing signature campaign into a very seductive option. Because by concentrating on it then we can get many benefits.
I agree with you, join the signature campaign, could bring many more Bitcoin Certainly signature campaign is one of the ways. Though faucet are time wasting and does not reap anything. Instead if you develop some skills you can do freelancing work and get bitcoin against your work. You can also write blogs or content writing for others and get paid in btc. |
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Quite eager to understand why did you created alt coin? What is the purpose of your coin . We already have 1000 other alt coin so why you want to have another alt coin which will generally last for 6 months or may be less than that it will not have much value or exchange will remove it due to lack of volume?
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I would not take that huge risk of 10 btc at this price where btc is at 2200$ . Instead would be selling a small amount every day and may be if the price drops I have money to buy those btc again at lower rate and gain more than risking here. Only those who a lot of btc can take those risks to get that 1.2x returns.
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If we do it with more efficiently by knowing the full method and investment of BTC then it will be great source of income.
That is not only related to btc but in any field. You should have knowledge of the product in deep to understand its functioning and process in order to make some bucks from it. It applies in our day to day life as well. This is where skills play a huge part in understanding of things and then applying and executing it. |
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