Hi All,
Bychance anybody knows or have any experience about the site Belfrics.in . They are now in India as per their site and existing @ multiple counties. Their Bid is @ 60500 & Ask @ 61840 which is 3-4k less then Indian markets. Let us know the review about the site.
I have not used them till date, but a person in that Bitcoin-India's WhatsApp group uses them and he said that the transactions were smooth and he never faced any issues with them since they came into existence through their Indian portal. They are trading with these prices because they are International and didn't make this site for India alone, that's why there is such a difference. But still, you will face a 1% transaction fee which will make your cost near INR 62458.4 (61840 + 618.40), so still not much difference. |
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$2100 is a speculation, not an exact resistance that we are talking about. And if we speak about $1000, the barrier got broken even after everyone saying that it will never go back above $1000. Bitcoin has been dead many times before it began a new journey of its own, so there are still many chances to see higher levels in the near future, at least above $1000 if not $2100.
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I think that ViaBTC - a Bitcoin mining pool, allows you to buy their shares for BTC0.18/share and can earn you upto BTC0.00045 per day and they have proofs that they actually mine. Other one that you might like will be Genesis Mining - a contract based cloud mining pool.
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From what I have researched the resulting cost is not below 7%
If the exchange rate of USD is Rs.67/$ bank will sell you USD at Rs.70/$. Here itself we loose upto 5%. Most exchanges won't accept Wire transfer from India so we have to route the money through some transacting agency which would charge 2% for their service.
It is still not profitable as I have calculated the costs before trying this, I already had such idea in my mind and have a friend too in USA, but he said that it is not possible to make profits and wire transfer charges as well as buying fees will make you nothing unless you have some huge volume of BTC to be bought there. |
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z-cash mining is the best you can do now if you are into mining ...the initial price was around 25BTC and gradually it reached the current price of 40$..
From 25 btc to $40 . What are you serious that it yielded you 25 btc at one point of time?  That is massive and unbelievable if that its actual then it wont take time to even reach $10 in coming month. It was around 22 BTC when it started and lasted for about an hour, so maybe that guy might have made something out of it. After an hour, it got dumped straight away to 2 BTC and rest is all you said. It's getting damn hard to trust any ejected alts so easily, still, people invest and cry. |
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heard about Daman as a place but not sure if electricity charges are really cheap might be the case. And Kashmir actually never heard about free electricity across India or low electricity cost as such. Good if your friend is mining for free with no electricity. Also is there 24 hours electricity @ Kashmir?
Daman is the cheapest place to mine if you live in/near Western India, and if you are from North, Kashmire is the best place. I do know a person who mines there for free with no electricity charges there, but don't know about 24 hours electricity as it is a terrorist-oriented place where many attacks take place all of a sudden. |
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So to correct your knowledge and make you some fresh with it it was you who said that actor and bitcoin. Firstly you said actor so I asked which movie he has acted, which you could not give an answer to. Well if you are unsure about anybody so just say he is mining btc or trading etc and do not add any unknown characteristics of a person.
Secondary you said about what app group, where he has mentioned he has such group. It mean you only know or member of it so everyone will ask you only.
Stop your BS. If you think that it was my fault that I didn't give any information, https://bitcoin-india.org/ <-- Go here. And check the top-right of the main page, you will see a WhatsApp number +91 868 000 9649, add him. After adding him, you will automatically see his name after you ask him to add you in his group. The name you will see is, Actor Sykam Reddy. It's not necessary that whatever I say here, you should take it literally, man. |
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OP, you should post some information like your expected price, date of registration, transfer charges, etc.
I have a friend who trades domains and makes money off buying/selling them, has been in this business for years.
Quote your required price and you might have it sold, but quote something that is acceptable.
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Lol! you dont need to show anything man. This is your asset you get to keep it.
Wait! What? You said we don't need to show anything? You may be correct in the case of not showing out mining assets, but the source of income needs to be shown as in the end, you are going to convert your coins to fiat currency and remember, that it will be taxable based on how much income do you make. |
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Hi, I am a NRI from india and I am in North America, I mine BTC but electricity bills are crazy! What do you guys pay for your electricity in india? I might move my hardware to india!
The electricity rates differ vastly from state to state in india.You can check each state's electricity board official website to get the latest rates. How do you plan to move your hardware as you live in North America? Do you plan to send them to some of your local friend or relative? if yes then check the electricity rate in their area. Rates also differ in rural and urban areas and so is the time of power supply. That's right, every place has its own set rates and it's still not easy to define the rates because government sends the bills accordingly to the people they watch, who use electricity at a much higher pace than others. Also, not easy to move his hardware here, but OP must have something in their mind based on which they said that they are planning to take such a step. I would suggest to check places like J&K and some Union Territories as electricity is very cheap there. |
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What is going on ? Is there problems with 1xBit with regards to the gambling, deposits & withdrawals ?
With what I am reading I hope it will be fixed soon.
Ive been sports betting on 1xbit for a couple of weeks now and withdrew a couple of times too. I didnt face any issue as of yet. In fact, I love it! I can stream all my favourite games on it and bet while watching it. It is on par with all the sports betting sites there is be it fiat or bitcoin. I still dont understand why people still like directbet. It is the most basic site there it and the odds are awful there. The only good part I appreciate about them is the no deposit part. Same is the case here, I too had been betting there without any such mentioned problems. They had been notorious in their odds as well as deposit and withdrawal handling processes. But one thing is for sure, they should look into the matters as the atmosphere is heating up now, and they might possibly lose their name if they don't take any further steps. |
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i have antminer U3 and yours ?
Are you still mining, bro? If yes, then what are the electricity costs at your place? And how much time did it take for you to ROI (if reached already)? I have few queries from someone that I want to reply to, but would like to know these answers first. |
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Is this still active, my email invite doesn't work.
I would also like to join this, but would wait for a reply to the question above. I have a question too, that if I join here, can I discuss some trades too like I want to buy/sell ... amount of bitcoins at ..... price? Is it allowed there? Or are we only allowed to discuss that what is bitcoin and its development part? Is there everything that we can find here on this forum? |
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Their website design is very simple and sober, but the way their trade engine manages live trades is great.
There is a minimum amount that we need if we want to sell our coins there, and I think it is BTC0.1 and IMO, they should lower this as prices are going high, so it's not easy for everyone to have that much coins with them to sell there at once.
Have traded there and can say that it was a smooth experience. Though, their KYC process took a bit longer than expected.
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Getting banned somewhere has many reasons, so just making a few more satoshis there won't give any pain in their heads to pay you. https://bitcointalk.org/index.php?topic=237597.0 => you will find more information about increasing your activity here, and how everything works. Welcome here and happy belated New Year.  Its working now some bug I guess.  I will look into it. If you meant for bitmaker, then yes, a few android apps are actually very annoying when they get down or don't work on our side. We feel that we are either banned or there is something wrong that we did, but then, we should wait for an update as everything gets settled itself once the app gets updated and this is more in apps related to bitcoins are every now and then, new bug fixes are applied by devs to stop users from abusing their apps. |
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The reason why people are not ready to understand what is bitcoin (if I talk about India) is because of all the negative coverage that our media has been showing about it. Bitcoin is portrayed to be the most bizarre investment for any Indian as it is shown to be used for the purpose of money-laundering as well as black-money hoarding. To let bitcoins succeed, we need to stop this, but don't know how can we?
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Sorry .. for i have been out of reach of the forum for i have been out of country for these days. Yup i got to know that mining Bitcoin is totally not profitable. I decided to mine altcoin. It would be a great help if you tell me about mining altcoin .. thanks
There's nothing like bitcoin mining is unprofitable, but you need the right hardware to do it, as well as least or no electricity charges. Currently, Antminer S9 is the best mining hardware available if you are interested in mining bitcoins, but it is very expensive. So, your decision of mining altcoins is good but you will still need some good hardware for that too as the number of users in cryptocurrency world has increased to such extent that whenever a new altcoin bumps up, they try to get their hands on and very few chances are there that one could make anything into mining these days. It's not impossible, but hard. Well you say its hard and on other hand says that there should be least or no electricity charges. Well could you let us know in India which are the places where you can get legally free electricity or least cost per unit so that mining could be setup there. Have you heard about Daman (U.T. near Maharashtra State)? Or Jammu & Kashmir? I know a person who mines in Kashmir with completely free electricity, his equipment is old now because he bought S7 earlier when it was launched, but still, electricity at his place is free. I said it's hard but not impossible, and I also said that there should be least or no electricity charges because if you want to profit from this, you would definitely not go for higher electricity rates. |
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I am ready to do this job for you without any escrow and this will be done completely based on trust.
I hope I won't get scammed here, as I want to be useful for you.
Buddy do you think I can scam you for 150 rs and get neg trust on my account which is worth more than 150 rs and plus I am also on a campaign which will sack me if I get neg rating. I don't know about scamming, but I think you didn't check anything before posting this thread. To everyone who wants to help this person, let me tell you guys that you can only purchase a .com domain name for Rs.99/year at GoDaddy if you are buying it for 2 years or more, and for 2nd and furthermore years, you need to pay Rs.959/year. Now, tell me if I am wrong here. |
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That is really funny about psychiatrist. Seems you have being so know about it a lot  . Okay so he is respectable and trustworthy personality. Thats really cool could you throw some light about the statiscs of 2016? Clients and total bitcoin sold. If that was the case he would have listed on bitcoinrates to be honest. If you are so much concerned to know more about that person or his website, why don't you take the pain yourself and go and ask him on his WhatsApp? Why are you misleading everyone here from the topic which is about the purchase of S9? Stop spreading your non-sense BS here. |
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Bitcoin has already reached its new ATH mark at $1300 which shows that this year will bring in more excitement as well as different levels of opportunities where we will see more volatility in the markets just as we saw in the earlier times, giving chances to everyone who were not able to get in early, but to make more profits by getting on the coaster before it leaves.
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