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It is rather unfortunate incident. Some how before purchase of bit from zebpay or for that matter other available option, i knew that paytm and other mobile wallets are not acceptable. Your point is right if there is no mention of 'mobile-wallet not accepted' policy.
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Effects of demonetization are fading away and life is getting back to normal for average people. From Feb there will no limit on cash withdrawal from Current account (good for business).
There are no more long queues outside ATM anymore.
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It is better to mention what are the rates? what kind of payments acceptable? If in cash then area of country-city etc. Be more elaborative. otherwise people will ignore your offer as spam.
Are you trading on bitcoin exchanges ? there are some good exchanges like coinsecure, unocoin, bitxoxo etc?
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We had a deep discussion with some dude here about this issue, he claimed that you preserve the full property rights over the money in your bank account while I claimed that you necessarily concede some rights to the bank, for example the right to use the money (since the bank obviously can lend this money out or use it as it sees appropriate), but in any case the money still remains yours. Otherwise you wouldn't be able to take it back, which in practice would pretty much amount to losing the money
It all depends upon the rules and regulations set forward by the government,when demonetization hit the Indian economy people were not even allowed to withdraw their money deposited in banks,so your rights over the money in your bank can change according to the situations and during that phase people were finding it difficult to make ends meet even with money in their account. It is a corner case. Cash crunch was a temporary situation. Demonetization doesn't happen on yearly basis. And restrictions were due to lack of legit cash available in the initial days. Banks didn't willy-nilly stopped handling out cash. There was legitimate reason. Here mainline idea is whether banks conduct their business with customer (us the people)correctly or not. Correct situation is the situation in Greece. Where people are facing real problem for quite a long time. |
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Effect of demonetization is already fading away. There are news about restriction-free withdrawal from banks.
Indian bitcoin market itself cannot drive bitcoin to 80k. Current international bitcoin market is watchful.
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It is true that thing are difficult in the beginning. In a year, one could get 336 activity point max. It focuses more on sincerity towards the forum. Many gets discouraged after two-three months.
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No, there is still a lot of way to earn and the earning from signature campaign got a limit and it is still cant support your life, major source of income is by trading or passive income, from investing, you need to find source of income which has unlimited way to earn
How can you advice me, I do not know how to trade, I do not have that much of capital, I am still newbie and joining a signature campaign is not profitable for me or worst no one will accept me. I read you said there is unlimited way to earn, if i can do that passive way would you suggest anything to me? If you do not have much capital then probably it is better to focus on earning the capital first. For that get a better paying job as per your skill-sets or if starting small business is viable idea for you. Till you make enough capital and have viable income source, stop thinking about these signature campaigns or passive incomes. Get your active income fixed first. Getting passive before active income will only mess thing up for you. Once you get active income settled and if some time is available enjoy your life. |
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The rest of the site works mostly alright for me, it just won't let me upload my documents though. The OTP is valid for 3 minutes and that duration elapses while waiting for anything to upload.
Not very excited about the idea of emailing my docs to support. They're probably very overwhelmed with KYC stuff.
Check the latest reply from OP. That'll give you pointer. Just send it over email easy. Contact their support for better communication. Rest is your choice. |
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OP has 2mil Dollars in his pocket and yet wants free of cost advice on investment? Nice trolling.
Anyone with that much amount of money will not be asking for advice on forum. Do your own homework.
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Cant imagine that we are using bitcoin in our everyday life instead of dollars. We already live on fiat and theres no possibility that bitcoin can replace dollars. However bitcoin is so strong but not enough to replace dollars.
Bitcoin is strong and good as a crpyto currency but it will always be different with dollars or any fiat. That's why I'm sure that it can't replace any fiat. Even a small country or poor country is not going to gamble itself with a decentralized cryptocurrency because they can be just out of funds as bitcoin is limited for its supply. The trust simply shows that all part of the world are using fiat while only 1% of the total world population are using bitcoin, that estimated data has a very big difference and you know it is not possible for bitcoin to replace dollar. It will be strong in the crypto world only but cannot compete and be recognize by the majority in the real world. Exactly, replacing a dollar is a long shot. But yes bitcoin has capacity to be a better alternative than Dollar while transferring money inter-country or intra-country at lowest cost. Many banks are experimenting with the Blockchain technology and would use it for their benefit as well. |
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All Corporate business will some day be using blockchain technology.
The blockchain allows for easy, verifiable, transparent, and easily auditable transactions. It eliminates the opportunity to "cook the books". It makes transaction-heavy business easy to keep records of and audit.
It's something we should all celebrate. Adoption of the blockchain is good for bitcoin, it legitimizes bitcoin.
Many banks work/grow on 'cooking the books'. This happens only when great amount of money is in play. Look at many incidents where banks were caught laundering dirty money. If you google 'multinational banks caught in money laundering' many search results will show. Thus big banks surely want something which they could tweak at will. Afterall Banks don't want transparency but secrecy. |
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Most countries like to have control over the money used within their borders. Bitcoin and other crypto-currencies challenge this authority. What Would Happen If Bitcoin Were Declared Illegal in the USA?
If Bitcoin were considered contraband would its black market value increase like some illegal drugs or would the value fall? What economic principals would be at work in this scenario and what type of logical arguments make sense?
Even the USA declare bitcoin as illegal in their country, they have no difference on the first country who banned bitcoin to their nation, on which they do it for doing offense and criminal case but in the long run they revoke their laws and accept bitcoin as good currency, together with China same scenario, so meaning I don't see any reason why would U.S will gonna do that. and if ever that happen nothing change at all in the price value, still everything will be normal and at ease. If US bans bitcoin then indeed bitcoin prices will see major fall. Many big business will become more conservative towards bitcoin acceptance. This will cause the panic in market. China is taking more strict actions against bitcoin exchange market as these exchanges are causing problem for yuan (their plans with yuan). |
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Most countries like to have control over the money used within their borders. Bitcoin and other crypto-currencies challenge this authority. What Would Happen If Bitcoin Were Declared Illegal in the USA?
If Bitcoin were considered contraband would its black market value increase like some illegal drugs or would the value fall? What economic principals would be at work in this scenario and what type of logical arguments make sense?
The first thing that could happen is a crash price, many businesses would be forced to remove bitcoin from their system. Then many people have invested in bitcoin so they would start selling them or hold them illegaly. Yes, this is logical. US is world leader and any move from the US against bitcoin will severely damage the reputation of bitcoin and trust of people in it. Once trust is gone it is very difficult to built it again. If other countries join the band then situation will be difficult for bitcoin. However this is not going to happen because there are people in Trump cabinet who like/love the bitcoin/blockchain technology. |
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Are people stark raving mad for accepting the BS being fed by the GainBitcoin grapevine called MLM?  Transaction Fees totalling 1000 BTC per day? This calculation given by bpanther has just been edited and removed because this is the BS being fed in the GB MLM grapevine. https://en.bitcoin.it/wiki/Transaction_feesGAINBITCOIN WILL WORK TILL THE DAY INCOMING MONEY IS MORE THAN THE OUTGOING MONEY. PERIOD. The day Amit Bhardwaj feels that the incoming is slowing down and the outgoing has reached a peak, you will not even know where to find him, forget getting your REGULAR RETURNS , you will have lost your investments also. 7 Lakh people lost their money in Hash Ocean scam, I dont know how many more will lose here before some sense prevails. FOR BPANTHER (AFTER YOUR REMOVAL FOR TRANSACTION FEES OF 1000 BTC CALCULATION) As per your calculation, GBMiners is making 2700BTC in mining profits per month. Right?? This is 10% of 27000 BTC. Right? So as per this calculation, GainBitcoin can pay people only upto contracts worth 27000 BTC. Right? As per their member backoffice, contracts sold in the last 90 days are worth more than 50000 BTC. By what logic are they gonna pay off everyone with 2700 BTC? ? Not everyone is raving mad about GB, but i guess the thing is just that not everybody has bad experience(so far...). Untill this moment they delivered as promised, i can speak for myself. As mentioned in my previous post, i have some doubts too. Basicly what grabbed my attention was, that after the halving their payouts remained the same, while for example the payouts with Genesis-Mining decreased with more then 50%...which is more logical. And what is even more interesting is that the new contracts still have the same ROI?  The reason Genesis-mining returns decreased to 50% because Genesis is real deal. In fact if you look at their contracts and then you could understand why everyone is saying mining nowadays is not profitable as it used to. Genesis minigs return rates are that low. Neither on gbminers.com nor gainbitcoin.com mentions that both of them are officially related to each other. Or gbminers.com is actual mining site for gainbitcoin.com (where gainbitcoin.com is customer interface). In fact gbminers.com is vehemently denied it's relationship with gainbitcoin.com . Check this https://www.reddit.com/r/btc/comments/5dryfh/psa_gbminerscom_is_backed_by_gainbitcoincom_ponzi/. Ask any gainbitcoin-affiliate why gbminers.does com or gainbitcoin.com not mention each other as affiliated sites or that gbminers.com is mining portal/site for gainbitcoin? Once you ask that question be ready to be amazed with fairy tales. As mentioned earlier those who believe in gainbitcoin will point only to regular pay. Their greed has blinded them in getting rich quicker. |
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then it's true that majority is not using debit card but its society are growing fastly to implement technology in their life as you said that the annual increase is huge,even though bitcoin still can be bought through other method and not only credit cards, the percentage of credit cards user in some countries have nothing to do with bitcoin
The number of debit cards will be significantly higher than that of the credit cards, and the government is also encouraging people to use them. But Bitcoin receives no such encouragement. The government actually discourages people from using BTC. Even payments without cards are also being promoted/encouraged to use for paying. And about not encouraging BTC, the mindset of most people is to be safe, so most probably they wont indulge themselves with BTC. In India, very few people are willing to use a payment gateway, which is not regulated or taxed by the government. That is one of the major roadblocks for expanding the popularity of Bitcoins in India. Indian economy is cash-oriented. Govt is trying their level hard to get it under control and increase payment gateways more. Biggest hurdle is payment gateway fees. Nobody in india like to pay charges, especially when someone is spending his own money. Thus Govt must remove charges on online transaction / gateway payments then and then only there would "some" improvement. * Next biggest issue is online transactions are traceable, and most of them regularly under-declare their income. Looking at this situation cash is considered as safest way for tax evasion. Digital currency / Bitcoin in India is at beginner level. There are quite long way to go. Many people are getting into it just because of sheer misinformation that somehow one could launder black money. |
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No i dont think that bitcoin will be replaced by fiat anyhow .as fiat s value is even much more popular and bitcoin will never ever fullfill the global population .and there s only a limit of only 21 million which in my sense is pretty less in the sense.
You're right. But bitcoins is becoming popular now and who knows bitcoins will replace fiat currency but it will take time for that because in some countries bitcoins are banned so maybe there is no way for bitcoins to replace the fiat of the said country About the limit of bitcoin, even it will reach its limitation still it can fulfill all the population of the world, how? We can just simply use mBTC and smaller portion's of satoshi and that is going to make the value of bitcoin even higher, only if it will replace the position of dollar but like many are saying here, it is impossible. Bitcoin is not going to replace dollar. period. It may become better option to dollar in terms of transfer from one to other country. But there is no chance of replacing dollar. 1. US govt is strongest at the moment. EU and Russia are also powerful. None of these will allow their wealth controlling ability via currency. They can control their own currency but can't control bitcoin. 2. At this stage, bitcoin is more of commodity stage rather than currency. Check the forum, many threads are there with people saying keep/hold bitcoins for long time. bitcoin price will hit some million at least. |
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I have had an issue with Paypal and while I was trying to look for a solution on the internet, I came across this website ( https://www.consumeraffairs.com/online/paypal_02.html) where everybody is complaining about Paypal. Most of the complains were actually similar to the one that I have. I thought Paypal is a credible company but now I have started feeling worried about my funds stuck in the accounts. PayPal is not a scam, I think the problem is in your account that violates PayPal rules? for me, PayPal is good if you only buy some stuff in legit sites, the almost problem of all PayPal member is their credit card is not legit, well if you have a legit cc then you cannot worry about your account, but if you don't have like me then choose Bitcoin. ;-D I think that even this proof is not necessary. What paypal is not cheating say the number of users. If there were large even if the suspicion that many have ceased to use their services. PayPal is definitely not a scam. Things are all good till you noticed one fine day your funds are locked. Real issue is whether you have faced this kind of situation or not. Someone who has not faced any problem will always vouch for goodness of paypal. When funds gets frozen from paypal, it is frustrating get them released. First one has to know whether paypal has actually froze it under correct circumstances. Getting responses from them is sickening. Thus more people stay away once they experience such incident. Till then others will vouch for it. |
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Trading takes a lot of time, it requires skill like good analyzation. But in investing, you can just only hold your coins and wait the price to get high. There are also programs of investing like HYIP but it is very risky and you may be scammed if you are not aware.
Trading does not take lot of time. Yes, it requires lot of time to get handle on it. How many opportunities available in investment? There are very less legit investment options available in bitcoin ( this may change over country). |
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Without being dis-respective, to earn serious amount of bitcoins then either get a proper better job or start business which will give you opportunity to buy some bitcoins. In the initial stages, Earning from forum is not idea.
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