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761  Local / India / Re: Anyone having experience in buying BTC from international bitcoin exchanges? on: January 19, 2017, 07:43:34 PM
Reading the above post it means that it will depend upon bank if they want to allow you and give permission for International transfer or not and also as you said for trading its not allowed then you may land in trouble as well.

If you visit their branch to do the transfer, they'll complicate the things.

You can use Net Banking, but as I said before, you have to specify a purpose for the transfer. So effectively you're giving a self-declaration that you're not doing this for commercial/trading purposes. Below is a screenshot from ICICI website, other banks have similar policies:



But what kind of purpose can one show for this?
If we are ever to throw out "bitcoins" from our mouth, chances are, we might straight away be given negative answers by all those dumb people who don't even know anything about bitcoins, but are there just to ramify everything in their own ways to stop us from transferring our money for this purpose.
762  Local / India / Re: Need 0.5btc through Paytm & FreeCharge on: January 19, 2017, 07:29:40 PM
How much is the price that you are willing to pay per BTC?
Can you please give more details about the trade?
I have a group where they buy/sell BTC for cash, bank deposit as well as online wallets.
763  Local / India / Re: Bitcoin Hits $1080 in India on: January 19, 2017, 07:25:06 PM
right now bitcoin is rs59210

Preev shows prices based on International markets, and Indian markets have different prices based on the supply and demand factor as well as demonetization. You will see a 5-10% hiked prices here in India because sellers don't want to sell low. So, the higher the price goes in International markets, we will see the same effects but with even more higher prices in India.
764  Local / India / Re: BitCoin in India on: January 19, 2017, 07:18:54 PM
any sites other than Zebpay ??

You can use localbitcoins for better experience if you are not satisfied with these exchanges, because you will be able to transact your coins for different available rates and you may get prices even higher than Zebpay sometimes. At these exchanges, you will need to wait for your money to be funded and the waiting time is 24 hours (depending on when you withdraw), while at localbitcoins, users send the funds instantly through IMPS, or 3-4 hours if NEFT is being done.
765  Local / India / Re: Price gone up by 100$ above market rate again... on: January 19, 2017, 07:11:05 PM
-snip-
Why is there a difference in Indian price and international price?

At times, the Indian prices, both buy and sell prices, are 5-10 % higher than international market. This happens when there is high demand for bitcoins in India and sellers are not ready to sell cheap. Similarly, there are days when Indian prices, again both buy and sell prices, are lower than the international market.

It is important to note that, even in the international market at times, there is 5% gap between China and USA price and there are price gaps even within USA exchanges.

-snip-

This is what I want to make everyone understand whenever I try to explain anyone about bitcoins.
Still, global arbitrage opportunities are not available to us as most of the International exchanges are not allowing Indian users to buy bitcoins at their websites, and the ones who are allowing are charging even higher rates than what we are getting them here for. Wire transfers are also costly, so thinking about arbitrage opportunities currently would only make us lose more than gain.
766  Local / India / Re: How to buy paytm cash? on: January 19, 2017, 07:05:01 PM

Not Paytm. But you can buy BookMyShow wallet cash using Bitcoin on Unocoin.

I saw you introduced Payumoney payment on your website, kindly add Paytm/Freecharge/Mobikwik/Oxigen and other wallets too.. then it will be heaven for Indian Buyers  Grin

I think PayU Money is an app that used to be introduced by the government itself, while these wallets are private ones.
So, I don't think they will add these wallets in their website any sooner, but I would also like to request them if they would add these wallets as all these wallets are being used in daily life based on cashbacks that they provide, so Unocoin is sure to profit from this.
767  Local / Press & News from India / Re: [2017-01-16] ET: RBI arm tests tech behind Bitcoin on: January 19, 2017, 06:59:05 PM
Finally, great news starting to come up with this New Year.
We are going to see something positive happening in the world of bitcoins if it also gets accepted with blockchain technology, at least blockchain is now being focused on. This is great, at least a beginning has taken place in India and may also give boost to Bitcoins' usage in India, still I hope that bitcoins don't get regulated.
768  Economy / Speculation / Re: Bitcoin Price Is Now Moving Up on: January 19, 2017, 06:53:19 PM
I think that we are going to see a double-top in the movements of markets before everything gets settled down and price gets into stable situation.
We may even see something huge ahead, but a double-top is confirmed with the ongoing movements based on fundamentals.
769  Local / Press & News from India / Re: [2017-01-18] BS: High-speed traders are taking over Bitcoin on: January 19, 2017, 06:42:24 PM
For such type of trading, one needs geeky mindful thoughts as well as a lot of capital, and Zhou seems to have both of them which makes it easy for these people to decide how to run the markets the way they want. These guys can sometimes manipulate the markets if grouped with other high-range traders who are not too much into technology, but have tremendous portfolios and are into this just for profits.
770  Local / India / Re: Please stop buying bitcoins from India on: January 19, 2017, 06:32:55 PM
Enough guys... the more we feed these greedy sellers the more they will increase their prices...

If everyone stops buying btc from India they will be forced to revert to old prices.

Waiting for price to be as good as preev market place price then it's fine this is India not North Korea or Pakistan... even then I suspect those countries will be easier n cheaper to buy btc.
Demand > Supply
Dont forget both demand and supply can be manipulated.There are only few exchanges in India and I think they have secretly made some kind of cartel to keep the price higher than international price.
What is more frustrating is that their sell price is much lower than buy price.

Should only the exchanges be blamed and not people trading there?
What do you think? Are these exchanges only liable for those prices?
No. We also need to be blamed for it because we want those prices to be there (either demonetization is the reason or greed), but we need it.
And I don't think there is anything wrong if the price is high in India compared to International markets, because it is an opportunity for everyone to make good profits from these, and this is kind of a commodity market, so no one should be blamed here.
771  Local / India / Re: The Best Bitcoin Exchange in India on: January 19, 2017, 06:30:21 PM
Please add Belfrics.in to your list which is an International exchange covering many different countries, and they have now added India to their list. They are currently providing bitcoins' buy/sell services at International market rates which may prove beneficial to users to buy from them and sell back at higher prices in Indian exchanges.
772  Local / India / Re: There is now law for taxation. on: January 19, 2017, 06:21:42 PM
I have done alot of research regarding this topic and the conclusion is there is no law requiring people to pay tax.

Paying tax is a voluntary action they now call it voluntary compliance just to make people comply.


So I would like to ask anyone, Which law does it require that people have to pay tax?
I am not a legal or financial expert to say whether it is cumpulsory to pay tax or not but I do believe it is social and national responsibility of every citizen to pay tax and contribute to the development of society to which he also is a part of

it has already been stated that it is not a legal requirement to pay income tax in the United States and what the ramifications of that action are going to be.  you do not have to be a lawyer to know the laws of a country, in fact, it is the responsibility of every citizen to know the laws, EVERY ONE, of that country

I don't know whether the government is trying to do this for the good of the country or not, but currently, in every Indian's views, this concept might seem to be interesting if made mandatory, because it will take each and every person in government's range and they will try to have their grasp on those who were stealing taxes for several years, and I really hope that the government itself is not going to promote corruption this time by being corrupt.
773  Economy / Speculation / Re: Who made big money? on: January 19, 2017, 06:11:31 PM
I sold all of them. In December 2016

0,061 BTC 999 USD
0,050 BTC 934 USD
0,079 BTC 939 USD
0,048 BTC 939 USD
0,163 BTC 935 USD
0,165 BTC 930 USD


total bitcoin : 0.566 BTC
total USD : 532,69 USD

And this day buy bitcoin Smiley 0,618 BTC

I did not get it from the bottom price.
I did not sell at the highest price.

Which is important to me,
To increase the amount of money by making use of fluctuations
You can reach the big money this way.

Truly the best example of how one should trade and make money in bitcoin markets.
We don't know when bitcoin will reach its peak, we don't know when will it reach a new low, but we should be aware and take correct decisions during correct times and if we are focused, we will surely make something out of it.
774  Other / Beginners & Help / Re: can i start mining on my laptop ? on: January 19, 2017, 06:03:56 PM
Mining through laptops is impossible during these days unless any altcoin pops up with some properties and you start mining it from the very beginning. And if you are interested in mining bitcoins, then laptops are of no use there and you will waste your time as well as electricity. You can always have a check of the altcoins section on this forum to look for newer altcoins which would allow PoW through graphic cards or RAM, where you might use your laptop t earn something good.
775  Local / India / Re: how to join signature campaigns ? on: January 19, 2017, 05:34:22 PM
You would find mandatory or recommended thread in introductory post of any signature campaign.  There are general rules and guidelines on how one should work through signature campaign.

Link to read:  https://bitcointalk.org/index.php?topic=1684035.0

Not just the rules and guidelines are to be remembered, but I think that if OP reads this thread "Title: [Forum/Campaign] Why have I been banned?"https://bitcointalk.org/index.php?topic=1741988.0, then I think he will be safe if he knows what not to be done.
776  Local / India / Re: Is there any signature campaign on: January 19, 2017, 05:27:59 PM
You will not see any signature campaign here in Indian section.
But you can find one based on your ranks here: https://bitcointalk.org/index.php?topic=615953.0 and join one of them based on your convenience. However, everyone including you, are bound to wait for the manager's reply to let you know whether you are accepted or denied.
777  Economy / Speculation / Re: Don't fall for the chinese scammers trying to make you panic sell on: January 19, 2017, 03:03:26 PM
Getting panic doesn't have to do anything with this, as even collectively group of guys having low number of coins selling can't make the difference, but this gets hotter when those big boys come up and try to shake up the markets through their big sell orders being eaten up, which they want. What we need to do is, stay away from the games being played every now and then to show people the power these guys have, if we will not show any interest, they will not take more actions because it will be of no use to them.
778  Local / India / Re: Bitcoin touched ₹74000 on: January 19, 2017, 02:31:14 PM
Indeed that was a very high that BTC hit considering it was going low. But then again it dropped again and we're back to 65k~

The price is going to touch back INR 75k sooner because the pattern seems to be making a double-top with this, which is why the prices are increasing.
So lately, but there are chances still that we will see the price to be roaming around 75k back in Feb or March.
779  Local / Marketplace (India) / Re: Buy me a .com domain and get btc on: January 19, 2017, 02:18:49 PM
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.
780  Economy / Gambling / Re: 1x฿it.com - Most Competitive Sports฿ook & Casino | ฿est Odds & Wagering Options on: January 19, 2017, 02:04:01 PM
It looks like the only way to get a response is to say this.




1xbit will not deny a relationship with 1xbet

1xbet has a D rating at SBR and a very recent complaint

http://www.sportsbookreview.com/sports-betting-news/1xbet-sportsbook-player-has-soccer-betting-complaint-77432/

Both these sites have same layouts and looks, and I think the admin might be the same.
I hope we don't see any relation between these two sites, or everyone's trust will be shaken.
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