hindubtc.com
btchindu.com
bithindu.com
15 BTC each，40 for all
LOL !!!!! |
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Mods and Admin of the meetup, can you please record the meeting and post online .. and also may be a Live Google hangout for those who cannot reach Delhi .. I live 3000KM away from Delhi (still in India  ) Regards BK Ok i will try to get a Google hangout setup and have that meetup recorded. HI just wanted to let you know that the live stream may be a problem i am facing problems getting the encoder to work properly on my linux box. Will try another fix today. |
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Updated initial post with Ether(Ethereum) sale date .
Not bad they just crossed a million Dollars raised  |
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Few pointers :
1) If you send/receive any thing inside outside of India you need IEC.
2) If you want EEFC bank account where you can hold foreign currency you need IEC.
Regards
Wow Are you running an exchange or a fruit shop ? I am surprised at your knowledge about what the import export code actually means. I think you just dont know. Not that you are trying to state wrong information here. Duke No offence, but I never said that you need IEC for Bitcoin compliance. All IEC can do is to help you with getting EEFC accounts. Its all up to your business model whether you want IEC or not. Anyways without any arguments I will accept that my knowledge in this domain is not competent to give legal advise on the same. Regards Well said and i would like to inform that this was not a direct attack towards you or any of the exchanges working in India. its just that many people come up with rules that are non existent and i have been following the Inidan thread for many weeks trying to figure out that India being such a big IT hub of the world should have picked up on bitcoin ages ago. but i understand the hindrance business owners such as yourself are having due to the vague laws you have to deal with. I wonder how Bitquick.in is operating and accepting INR for bitcoins and through so many bank transfers ? Maybe you guys should adopt the same model as them. Regards Duke I will attribute the low coverage and use of bitcoin in India, to the old ' licence raj' system that india followed before the 1990s, Even though this system has be scrapped, the mind set of the people still remains fearful of government retaliation to new and innovative businesses being established. There is also a problem of a very small opensource development community, which is a driving force for bitcoin exposure. Another problem is the lack of opensource licence knowledge and its uses, even the Creative commons is very new out here. Many people here also look down upon thing the termed free, associating them with cheap and unfinished products. But the atmosphere is changing and have been getting many people who now are trying to get this part more exposure. |
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Anybody used Igot.com and how's the experience? Is it the exchange or platform where buyers and sellers can quote their price?
I have not heard anything about this site and no reviews too about it.
Read the reviews here https://bitcointalk.org/index.php?topic=646575.0 |
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not a good set-up ....
i know you might be working hard , but it's start , and 0.1 btc for joining , it'll hard and it's a tree system if people stop joining , the last one's are left with nothing
all the best though
It is 0.01BTC at the joining. Everyone needs to refer just 3 people to cover their joining fee. People enjoy indirect referral too. The last person, who is quite far given the increasing adoption rate of Bitcoin, may also consider it as a membership cost to enjoy multiple low cost bitcoin services. Problem is that MLM is always associated with scams in india, Aryarup/ATCR , SpeakAsia , Unipay2u, Stock Guru, TVI Express. has not got confidence booting in people about this. all these pyramid and MLM have the same MO joining fee and get people to join and you get paid a certain % in the end it ends up as a huge ponzi scheme. I dont have much idea about all the names u r talking about. But, I have issues calling an MLM a Ponzi. MLM is a way of marketing. Ponzi is the scheme that is associated to scam. Because, in Ponzi, the company lure people with the 100%-200% return guarantee, but practically pay out with investor's money. On the contrary Amway, Avon, TupperWare and a lot other respected name in the marketing world use MLM as a marketing strategy and doing good business for years. MLMs provide product/service and offer people a commission to spread the word. So, calling a business straight out scam just because it uses MLM is probably not a good judgement. You may have miss read my statement that hurting your feelings. I will restate or in other words dumb it down for you. What i said is that MLM is always associated with Scams and ponzi scams, in india. Which means most of these type of marketing strategy turns out as a scam. Note here, that i have not accused this new exchange of a Scam but only pointed out How such marketing Schemes have turned out as in the past. I can give you a list of this MLM programs that would be as long as Santas Naughty list that for a fact turned out as a scam. Now as you have got me started on the validity of this scheme. let me elaborate what i think of this exchange's policy. i. Joining will cost 0.01BTC. ii. U can earn 0.003BTC at each referral. iii. U'll also enjoy a part of 0.003BTC at every new member joining. iv. Minimum amount one can trade is 0.01BTC v. Exchange commission for trading is going to be 0.0005BTC to start off. Joining Cost = 0.01 Referral payback = 0.003 Taking 0.01 BTC = 375.97 INR Now, lets say you want earn back you amount and refer 3 people so = 3 X 0.003 = 0.009 Which means you really need 4 to cross over your break even. good luck convening people to signup for an exchange where they have to pay. Next point is the point that makes it a MLM/Pyramid Scheme It is 0.01BTC at the joining. Everyone needs to refer just 3 people to cover their joining fee. People enjoy indirect referral too. The last person, who is quite far given the increasing adoption rate of Bitcoin, may also consider it as a membership cost to enjoy multiple low cost bitcoin services. Well indirect referral, humm.... Pyramid Scheme much. OH !! wow thank you for bring up Amway I almost forgot that fuckup of a company http://businesstoday.intoday.in/story/amway-backdrop-qnet-ajay-chanam-on-direct-selling-marketing/1/195445.htmlAnd Avon has now moved to pay and salary structure for their direct sellers. TupperWare Cmon you make it so easy for me. That company has been going down the drains for ages, with change in marketing systems that never seems to work companies like MAC and even Lakmé supersedes its sales volume. their operations in UK has closed. In the US 80% of their sale is now done by Retail giants like Walmart and Target. All in all these companies atleast sell a physical product. They are not selling membership to a BTC exchange where in you have to pay to get in. Its not some American Express card that has over the top Customer care and support that warrants a signup fee. |
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not a good set-up ....
i know you might be working hard , but it's start , and 0.1 btc for joining , it'll hard and it's a tree system if people stop joining , the last one's are left with nothing
all the best though
It is 0.01BTC at the joining. Everyone needs to refer just 3 people to cover their joining fee. People enjoy indirect referral too. The last person, who is quite far given the increasing adoption rate of Bitcoin, may also consider it as a membership cost to enjoy multiple low cost bitcoin services. Problem is that MLM is always associated with scams in india, Aryarup/ATCR , SpeakAsia , Unipay2u, Stock Guru, TVI Express. has not got confidence booting in people about this. all these pyramid and MLM have the same MO joining fee and get people to join and you get paid a certain % in the end it ends up as a huge ponzi scheme. |
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Mods and Admin of the meetup, can you please record the meeting and post online .. and also may be a Live Google hangout for those who cannot reach Delhi .. I live 3000KM away from Delhi (still in India ) Regards BK Ok i will try to get a Google hangout setup and have that meetup recorded. |
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Added a Hindi Sticky.
Please do suggest any other regional languages that may help us connect better.
What about URDU? Kindly, MZ +1 |
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This has been a long time coming.
the community needs to stick together and protect it self from bad actors. We need the scammers to know that they try to scam anyone there is a community willing to get justice.
I will again reiterate that i alone can't do this, and requires the community to step up and protect each other. I will spark the light, but we need to kindle this flame into a raging fire.
a strong community would mean a strong and prosperous bitcoin future for all.
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buying computer parts only
I didn't got exactly what you meant by that , but its not restricted to that only you can do or buy a lot of other stuff using your btc. can we do mining Also ? Can you use a pen and paper to calculate an algorithm? I can the first round. heheheheh lol  |
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Hello, This is Exclusive Offer Only for BitcoinTalk members. Now Bitcoin Accepted Domain Registration + Hosting is available in India  First 10 Order will get 50% Discount on Linux Plans.Check for Linux Hosting PlansFirst 10 Order Will get 30% Discount on Reseller Plans.Check for Reseller Hosting PlansOrder will be Reviewed Manually to avoid Duplicate. All Orders will be Reviewed & Active within 30 mins.
Once completed your order, Please PM me your Order Number to get Discounts. If you need any custom hosting plans,PM me. I will do my best +1 you should have done this a month ago i would have bought. |
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Hi ,
I am putting out a Bounty on the successful, arrest and convection of Deepak Chawla, (what ever his real name is.)
This is how it is going to work .
All those who have been scammed please contact me via pm and i will link you all together.
Those who have been scammed please make sure you have proper paper trails, and bank records saved, even the BTC address and TX numbers.
I will put in a initial Rs 5000/- as a donation to pay legal fee for lawyers. Any one who would like to contribute please pledge your amount and i will collect the amount either in fiat or BTC, when the lawyer needs to be paid.
ONLY PLEDGE IF YOU ARE A 100% SURE YOU WILL COMMIT TO THE AMOUNT WHEN THE FEES NEEDS TO BE PAID.
Once there is enough people gathered, those who have been scammed by the above scammer. The lawyer will initiate Criminal Legal process, This will be some thing like a Class action lawsuit.
Note: i am doing this to protect the community and to send a message out to all those who are think of scamming people. I am not the one who got scammed but just sick of seeing this idiot spoiling the community.
Pledge amount (INR):
1.) 5,000/-
2.) 5,000/-
Total =Rs 10,000.00/-
You can pledge the donation anonymously, just pm me and i will ensure you stay anonymous.
The bounty is for the payment of legal fees only.
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I think its time to lock this thread.
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The Coinsecure team has been acquired by a Delhi based industrialist, Mohit Kalra who joins as CEO & Founder and sets forward to chart out its next generation offerings for the Bitcoin ecosystem in India. The terms of the deal remain closed, however most of the terms are to facilitate the growth of Bitcoin across India rather than a monetory dealing. There will be a restructure and relocation of the business centers and we will start with 2 centers in India. Our head office will be based out of Delhi and house the accounts, legal, management & advisory teams. The development center will be in Bangalore led by Benson Samuel who will be joining as the CTO & Founder. Jincy Samuel will join in as COO & Center head for the Bangalore facility. Mridul Sawhney joins us as the Creative Head. Pankaj Kumar, well known across the bitcointalk forums as escrow.ms joins us from Delhi, to manage operations and co-ordinate with both teams. Coinsecure aims to tackle several challenges that have supressed the progress of growth within the Indian ecosystem. We aim to design a wide range of software and hardware that caters to every Bitcoiner’s need. We will start by launching a block explorer for India in the next few weeks. And many more explosive builds to follow. We have a young and energetic team of Developers, Animators, Graphics Designers, Brand Managers and Startup Champions. We also have some of the best Security researchers in the industry working with us on various aspects of the build. Getting the best, helps us optimize the speed without compromising on security. We will also participate actively in bug bounty programmes. All this technology is backed by a rock solid team of Lawyers, Accountants, Lobbyists and Management veterans. Our goal is to educate, simplify and enable. With this moto, we will be enabling a wide range of merchants, developers, stakeholders and other parts of the ecosystem who need easy access to Bitcoin in India. Sign up for updates and stay posted on our launch page at coinsecure.in. We have also setup a new video for India and will be rolling out different languages shortly. Its awesome to have an amazing startup team, you'll should see the energy when a bunch of bitcoiners get together everyday to build something awesome A job well done. +1 |
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Thanks for the share.. It was a good read.. By the way, there is no proof that author himself has not done this without any bias Regards The thought had crossed my mind. and i think every article needs to be scrutinized and critiqued . |
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Has this project Nemesis been merged with Deva's AditiCoin or it is coming out with some other coin ?
It has been put on hold for the time till proper restructuring of the project has been made . Deva has parted ways for now. No this is not the Same Project as the Nemesis Open Source Intellectual Property System, Would like some help will pm you with the details soon. |
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