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581  Economy / Services / Re: Indian Independence Day Celebration - AVATAR CAMPAIGN on: August 15, 2017, 04:44:53 AM
Username: newinbtc
Post Count: 681
BTC Address: 1HJzSHi1kz3cduwUEaY7nr5W2hq7Jxm7fH

Basically I am From India , Happy Independence Day and Happy Janam Asthmi Shree Radhe

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582  Local / Marketplace (India) / WTS- Jio Mobile recharge For Bitcoins - Flat 10% /20% for Others on: August 14, 2017, 02:35:25 AM
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583  Local / Press & News from India / [2017-08-14] News - Bitbay Exchange Enters Indian Cryptocurrency Markets on: August 14, 2017, 02:28:29 AM
[2017-08-14] News - Bitbay Exchange Enters Indian Cryptocurrency Markets

Bitbay has announced that it will enter the Indian cryptocurrency markets, with the company’s Indian exchange expected to be operational before the end of August. Bitbay is Poland’s largest exchange by trade volume, and is set to become the first international bitcoin exchange operating within India’s cryptocurrency markets.

Bitbay Will Offer Demo Trading Before Launching Full Operations on August 24th
BitBay Enters Indian Cryptocurrency Markets

Bitbay has announced that it will be launching its exchange platform for the Indian cryptocurrency markets. Bitbay will be the first cryptocurrency exchange to offer altcoin trading – providing trading pairs for ethereum litecoin, lisk, monero, ash, and gamecredits.

From August 14 Bitbay will offer demo trading that does not involve using real money, before launching full operations on August 24th. In a recent interview with Money Control, Bitbay India Head, Rohit Dahda has stated “we are taking all necessary steps to adhere prescribed rules for Bitbay India. In fact, we are offering demo trading for users before using real currency to bring a level of confidence in common people.”

At a launch function for the newexchange, Bitbay CEO, Sylwestor Suszek, stated that “Bitbay India has been conceptualized to provide innovative services, support and solution for cryptocurrency users in terms of fast and secure transactions. Our team consists of specialists and Bitcoin enthusiasts who are active in crypto community, attend industry conference events and support charity causes via meaningful fund donations to relevant Indian societies”. An official press release states that “the prime objective of Bitbay India is to remove all misconceptions related to cryptocurrency, drive more people towards digital currencies, attract potential investors from market and offer all round platform to trade as well as exchange multiple cryptocurrencies at Bitbay.”

Despite Regulatory Uncertainty, Bitbay Plans to Expand Its Share of the Indian Cryptocurrency Markets in Coming Months
BitBay Enters Indian Cryptocurrency Markets

According to Coinmarketcap, Bitbay hosts the largest BTC/PLN market by volume, with Bitbay’s 24-hour volume sitting around $8.35 million at the time of this article’s composition – equating to roughly 0.26% of total global bitcoin trade. “We are the number one in Eastern-Central Europe with more than 200,000 users. We are number 10 in the world and are in operations since 2014,” Suszek told Moneycontrol.

Despite the nation’s current climate of regulatory uncertainty regarding India’s cryptocurrency markets, Bitbay plans to expand its presence in India over the coming months, including the introduction of up to 17 different altcoins. “Very soon, we will be bringing more features on the platform to cater to requirements of common people on a day-to-day basis. We are following a high-security model and following two-fold authentication models for safe transaction,” states Rohit Dahda.

What do you think about Bitbay’s entry into the Indian cryptocurrency markets? Share your thoughts in the comments section below!

Source - https://news.bitcoin.com/bitbay-exchange-enters-indian-cryptocurrency-markets/
584  Local / Press & News from India / [2017-08-12] CoinGraph - India Completes Draft Proposal for Cryptocurrency Regu on: August 14, 2017, 02:27:07 AM
[2017-08-12]  CoinGraph - India Completes Draft Proposal for Cryptocurrency Regulations



The government of India has already finalized as of early August 2017 the draft proposal recommending how to regulate the use of digital currencies in the country effectively.

The plan was already submitted by the intergovernmental panel that was formed in April 2017 for said purpose to the Indian Ministry of Finance.

The contents of the draft proposal are relatively unknown, but based on previous reports, some of the members of the panel favor the imposition of a stricter regulation against the use of the digital currencies like Bitcoin, Ethereum and Litecoin in the country.

Others, meanwhile, have proposed that the Indian government should introduce some kind of a tax policy for the cryptocurrencies.

Positions of cryptocurrency players on the issue
Before the creation of the panel to study the existing framework for virtual currencies in India, startup companies involved with Bitcoin or the Blockchain technology have appealed to the government to adopt a more inclusive stance for the digital currencies.

They also urged the government to clarify the exact legal status of the technology and the virtual currencies in order to enlighten the majority of consumers who are still confused on the issue.

Other government efforts on the issue
Meanwhile, the Indian government has continued to advance initiatives to study the regulatory environment for Blockchain and the cryptocurrencies.

Among these programs is the creation of the Securities and Exchange Board of India (SEBI) of a broad advisory committee that will conduct research on Blockchain and other technologies.

According to SEBI, the goal of the project is to determine whether the technology can be integrated into its own regulatory processes.

Part of the SEBI statement reads:

"[The committee will assess] technological solutions for regulatory functions of SEBI viz. information management and data mining, risk management including cyber security, intermediary supervision, consumer protection, etc. through application of new technological solutions like application of distributed ledger technology, big data, data analytics, artificial intelligence, machine Learning etc."

Source - Coingraph - https://cointelegraph.com/news/india-completes-draft-proposal-for-cryptocurrency-regulations
585  Economy / Services / Re: Hash_Rush - First Hash-Powered Online Game | Twitter Campaign ✔ | (Round 1) on: August 14, 2017, 02:03:34 AM
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586  Economy / Services / Re: CRIPTOBONDS Twitter campaign (OPEN) on: August 12, 2017, 05:29:15 PM
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587  Local / Off-Topic (India) / Re: OFFers Thread Maintained by newinbtc -Free Paytm Cash on: August 09, 2017, 04:54:04 PM
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588  Economy / Services / Re: New Signature Campaign [$10/week] on: August 09, 2017, 04:45:17 PM
Interested to join. Please provide more information or PM.

But First i want to see Whats is Content .... I am going to promote

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Thank you
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newinbtc
589  Economy / Services / Re: New Signature Campaign [$10/week] on: August 08, 2017, 01:46:58 PM
Interested to join. Please provide more information or PM.

But First i want to see Whats is Content .... I am going to promote
590  Economy / Services / Re: WhyFuture.com Twitter Campaign on: August 03, 2017, 04:56:07 AM
Username: newinbtc
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591  Local / Press & News from India / [2017-08-02] Money control - Bitcoin enthusiast? Now trade in ethereum, litecoin on: August 03, 2017, 04:47:14 AM
Bitcoin enthusiast? Now trade in ethereum, litecoin and ripple with INR from Aug 25 on Koinex

Bitcoin enthusiasts in India will soon be able to trade similar cryptocurrencies  as a group of engineering pass-outs from IIT and BITS will soon launch an exchange which will make this possible.

The exchange, named Koinex, aims to enable trade in multiple cryptocurrencies with the Indian rupee and has plans to have inter-cryptocurrency trading as well.

Speaking with Moneycontrol, Rahul Raj, co-founder of the company said that Koinex Beta will launch on August 25 and from the first day of operations it will support trade in Bitcoin, Ethereum, Litecoin and Ripple.

At the launch, it will facilitate trade in digital currencies only with INR and has plans to support inter-cryptocurrency trades within two months from the launch.

Raj, who himself got into crypto-trading in early 2017, said as there were not many options in India, he was compelled to trade on global exchanges like Coinbase and Poloniex.

"After realizing the huge gap in terms of the quality delivered by global exchanges and the present Indian exchanges, we decided to build an Indian exchange supporting INR fiat currency and multiple cryptocurrencies, and thus Koinex was conceptualized," he said.

"Koinex offers a highly competitive tiered trade fee schedule for high frequency trading. Crypto-financial instruments and other cryptocurrency products have already been conceptualized and included in the 1 year roadmap," he added.

When asked whether the exchange will support the newly-born bitcoin cash or not, Raj said Koinex will support the longest chain of Bitcoin after monitoring for 20 days.

Bitcoin gained a lot popularity and global acceptance in 2016 and has rallied around 200 percent year-to-date. Riding on the back of bitcoin's success, many similar digital currencies (altcoins) have seen a huge price rally since the start of the year.

Since the start of 2017, the total cryptocurrency market cap has ballooned nearly 500 percent to USD 100 billion from USD 17 billion.

mkt

Due to the lack of legal framework around virtual currencies in India, cryptocurrency trading has not flourished in India but soon this might change as the government plans to lay down regulations around businesses based on the technology.

Existing bitcoin exchanges in India like Zebpay and Unocoin also have said that they have plans to introduce altcoin trading but have not given any timeline for the same.

Source - http://www.moneycontrol.com/news/business/companies/bitcoin-enthusiast-now-trade-in-ethereum-litecoin-and-ripple-with-inr-from-aug-25-on-koinex-2343713.html

592  Local / Press & News from India / [2017-07-23}Cryptocoinsnews - Indians survey on bitcoins on: August 03, 2017, 04:45:17 AM
A study by India’s market and trade body has found that while 97 percent of participants are aware of bitcoin, its use within their services remains low.

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PHD Chamber of Commerce and Industry, which plays a role in India’s industrial development processes, hosted a meeting ‘Roundtable on Industry Perspective on Bitcoins: A New World of Payments and Deals,’ on Wednesday, according to News 18.

According to the report, the trade and industry body asked 223 stakeholders ranging from fabrics, electronic devices and automobile parts, to determine the impact that bitcoin was having in India.

However, results found that while 97 percent of participants are aware of the digital currency, its use within companies remains low.

Gopal Jiwarajka, President of the PHD Chamber of Commerce and Industry, said:

Absence of the information about counterparties in the bitcoins transaction is a major drawback and may lead to unintentional transactions such as money laundering.

He added that the use of bitcoin comes with huge risks and is not backed by any tangible asset, but sheer demand.

Calls for Regulation
This survey comes at a time when the Indian government is considering the regulation regime for bitcoin.

Even though there have been calls in the past from Indian politicians to ban bitcoin, a recent report has found that India is unlikely to declare bitcoin illegal in the country. Instead, it may be considered a security, but its regulatory fate remains uncertain.

Yesterday, it was reported that the Indian state of Karnataka is in the process of putting together a policy that focuses on digital currencies due to its rising demand. In particular, more young traders in the nation are being drawn toward bitcoin. In May, Coinsecure, an Indian bitcoin exchange, had to halt trading after recording a record number of users due to soaring interest and adoption of the currency in the country.

And yet, even though bitcoin is gaining in India there are risks that still need to be considered, according to Jiwarajka.

Bitcoins are a fascinating instrument, however highly volatile, and susceptible to high risk makes it a vulnerable instrument.

According to him, the Reserve Bank of India (RBI) should look into the idea of digital currencies and take a view on it and see whether it can become a tool for promoting a digital economy.

Speaking to The Hindu Business Line, he stated:

We are not proponents of bitcoins. But, as an industry chamber, we are furthering the debate. The RBI should see whether a platform can be created with cryptocurrencies so that people-to-people and people-to-merchant transactions can happen with negligible cost.




















Source - https://www.cryptocoinsnews.com/indian-trade-survey-97-aware-of-bitcoin-but-use-of-the-cryptocurrency-remains-low/
593  Local / Off-Topic (India) / Re: OFFers Thread Maintained by newinbtc -Free Paytm Cash on: August 03, 2017, 04:40:31 AM
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594  Local / Marketplace (India) / Re: (WTS) Syma Drone 3.7V 720 mAh Lipo Battery X5C X5 X5C-1 H5C X5SC X5SW - FOR BTC on: August 03, 2017, 04:36:59 AM
Let me know if you can sell the drone itself as well for a cheap price. Thanks!

Which drone Model you are looking, I will import Syma 5sW Or 5Xc This month , both drone have camera

Can you import Hubsan X4 Plus H107C+? I tried importing one but its stuck at customs and they want a NOC from DGCA.

NOC from DGCA is required when you are Flying drone , What you said When they call you ,
This modes I checked Its Good but battery is little bit costly as compare to other drone models

They didn't call me, they sent me a letter to my address lol. Yeah I extensively researched before choosing this model.

Unable to understand why they sent letter at your address because its the normal drone with weight is less
I am buying drone accessories , They even open my parcel and check what inside parcel
Once time i bought a drone name syma 5sc and it never come nor tracking information , afterwards i claimed refund for that

Currently i am planing to import multiple drone batteries is this good idea ?
595  Local / Marketplace (India) / Re: Want Amazon.in GC will pay in Bitcoins on: August 03, 2017, 04:33:51 AM
Have 1200 Rs in my Amazon Prime account , IF you shop via my account you will get express shipping for free plus i have amazon pay balance in it

I can sell it for Paytm or Phonepe wallet
596  Alternate cryptocurrencies / Altcoin Discussion / Re: How is the BCC fork happening? on: August 02, 2017, 01:01:27 AM
Imagine
I have 1 btc before hard fork Bought at 2200$ value and After hard fork Value rises to 2700$ , How much Bitcoins i will get after hard fork Actually will bitcoin price drop down or Will remain same , Still many questions in mind

Currently have money in Block chain wallet , Is i need to Create another account or Creating a New wallet in same account using old keys ....
597  Economy / Services / Re: ArtCoin.Fund | Twitter Campaign | [OPEN] on: July 26, 2017, 09:59:57 AM
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598  Economy / Services / Re: Royalties (XRY) | Cryptonote | Twitter Campaign | [OPEN] on: July 26, 2017, 09:42:52 AM
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599  Economy / Services / Re: WhyFuture.com Twitter Campaign on: July 24, 2017, 06:18:13 AM
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600  Economy / Games and rounds / Re: Do you want to win $10 in Bitcoin? (only 30 seconds needed!) on: July 23, 2017, 12:45:11 PM
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Bitcoin address:   1HJzSHi1kz3cduwUEaY7nr5W2hq7Jxm7fH
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