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801  Local / India / Re: ICO scene in India on: May 14, 2018, 10:03:06 PM
How is the ICO scene in India? Are people investing in ICO's and also any local ICO out there or coming up?
Right now the situation is not that great after the circulation of RBI about the use of INR and so we are not able to deposit any amount to exchanges and so we are not able to invest in any recent ICO, i can invest with unocoin but their buy rate is much higher than the rest of the market, hopefully these restriction will be removed because as an investor we know the risk and the government has no right to dictate things.
802  Economy / Speculation / Re: what's dragging the bitcoin price down? on: May 14, 2018, 09:34:40 PM
Buffet and gates are the reason why bitcoin decreases it's value in the last year right and today the reason behind that decreasing value is those people who are spreading some FUD about bitcoin after that people that heard that FUD will going to panic selling that's why it decreases.
There were times when some of the opinions have impacted the market but the recent thing is entirely different, Buffet and Gates are good at what they do and that does not mean that they have an idea about the bitcoin market and it wont influence anyone in the long run, they can have a negative view about it, it does not matter in the long run and the reason for the correction i think is the movement of coins from the Mt Gox cold wallet and the raid in Korean exchanges.
803  Economy / Speculation / Re: Japanese run the BTC price! on: May 14, 2018, 09:09:09 PM
If it closes below 8800 it will be ugly!
Yen is over 50 percent of volume!
We are at their mercy!
The price of bitcoin went below $8800 this time around and it did not turn ugly, expect the market to go down in the short period of time, as an investor i do not bother about these short term corrections, the main reason might be because of the sell off by Mt Gox team and they will keep on selling the coins but the price will recover. Japan is not having the entire volume and the price is not dependent on their volume alone.
804  Alternate cryptocurrencies / Altcoin Discussion / Re: DID YOU EVER FALL INTO THE FOMO TRAP? on: May 09, 2018, 10:15:29 PM
However, I have to admit although I gained experience in crypto and made some decent profits, sometimes it's really difficult to resist buying a coin when it's really hyped and price goes though the roof!
I am in this market for a few years now and i wont just listen to anyone when it comes to investment, i will do my research and come to a conclusion before investing, when i came in the market it was difficult to understand what to invest as there were many coins and the hype sometimes get in the way, but i was lucky enough to invest when some of the major projects started like ETH Dash Monero etc and those investments were risky at that time but those gave me the best profits.
805  Alternate cryptocurrencies / Altcoin Discussion / Re: Difference between BTC and ETH on: May 09, 2018, 09:39:44 PM
Hello everyone,
I know that BTC started a new era to currency world and ETH has also some interesting technology. But i am curios what differs ETH from BTC. Is ETH better than BTC ? BTC is more stable in terms of price but obviously ETH has some advantages over it as they are becoming more popular day by day.
I do not see any advantage in ETH and you cannot compare it with bitcoin. ETH is used to create smart contracts and so i do not see it as a currency and it is not a currency and that is the fact, there are many scams in the ETH platform, so be careful before investing in new projects, there are pretty good projects, you just need to identity those
806  Local / India / Re: The Great Indian Blockchain Migration has begun on: May 09, 2018, 07:10:40 PM
This was coming. What can you do with so many restrictions? I read the said article about how Enkidu project is looking to register in Estonia. No wonder they paused their bounty program. It's a shame that our blockchain experts feel 'threatened' in our own country and are moving to crypto friendly nations.
If the government keeps on having a closed mind set this will happen, they cannot restrict innovation, if the people find it difficult to conduct business they will move out and that will be a huge loss for the country, hopefully they will understand these situation and it is not a good thing if they force entrepreneurs and brilliant minds outside of their country.
807  Local / Marketplace (India) / Re: WazirX Bitcoin Exchange India on: May 08, 2018, 10:26:38 PM
Well I have personally used wazirX for trading they are working well but the main problem with them is they are listing coins without community members demands. Everything is ok as of now let's see what happens when RBIs time line come closer.
Do they expect INR deposit and withdrawal at this time, most of the exchanges are not accepting INR after the circulation and how is their customer support, since this is a new exchange and i have not heard about it, i would stay away from it unless i see someone reputable endorse that they are working good and we could trust that site. If they want to show they are legit business they need to introduce their exchange in this site as this is the primary bitcoin discussion site, until then i will not visit the site. Since you are a use why don't you advice them to create a thread by the team.
808  Local / India / Re: Good News: Notice from Delhi HC to RBI for Blanket Ban on: May 08, 2018, 09:50:29 PM
let see , but new like Coinsecure will not help the case in positive way.
If Major publishing house also against bitcoin it require good defense. Judges are also human being there judgement can be affected by article like this.
I do not think that the coinsecure hack will be a hurdle, there must be a precedent that the exchanges will be responsible for their inability to safely store the coins, the amount of money an exchange earns is huge and they must be responsible for the coins deposited in it and a regulation should patch these things, i hope we will have a reasonable decision in the end .
809  Alternate cryptocurrencies / Altcoin Discussion / Re: What would be the features you would expect from a gaming cryptocurrency ? on: May 08, 2018, 02:15:52 PM
As gamers and part of the crypto community, how would you like to use a gaming cryptocurrency?
To be frank i do not want any gaming cryptocurrency, i just need them to accept bitcoin and i will be fine with it, what are the feature you want from a coin, people will invest in a currency that can be used everywhere and not in a particular one dimensional thing.  So what do you thing you wanted in a gaming cryprocurrency, rather than having an easy wallet with low transaction fees.
810  Economy / Economics / Re: What if all the governments of the country united to strictly prohibit the exist on: May 08, 2018, 12:35:25 PM
if it happens in the future it will certainly affect the paper money that exists around the world, whereas we know when the banknotes have a lot of history and symbolize the diversity of a country with other countries.
if that happens, surely the government will not remain silent on the matter, there will be an agreement between state governments to immediately close the bitcoin network to the world.
There is no way the governments around the world coming together and even if it happens no one could shut the bitcoin network and that is the fact, we are not competing with fiat currency and no one is hoping any country taking it as a national currency, people will be using it because it helps in trading world wide without any restriction.
811  Economy / Economics / Re: New investor and prices on: May 08, 2018, 11:59:39 AM
Probably. I see many new investors have jumped into buying EOS after learning the news about the main net launching and it might have affected the price of the crypto. Its transaction volume is currently on the top in my exchange which is a respectively small one.
The bitcoin market is not moving much and so is the rest of the market situation, i am not dealing with EOS and i do not think that people will be investing heavily into other projects as the risk factor is really high, i made a quick search about EOS and i am not sure about the development team but it is ranked fifth in the total market cap.

If we have less new investors, so the prices tend to fluctuate less? How much dependent of new investors the prices are ?
If we have less new investors and more people to sell off their coin, the price goes down, the momentum depends upon supply and demand.
812  Economy / Economics / Re: Feeling bitter in banks? on: May 07, 2018, 11:57:59 PM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
The main idea behind bitcoin is to have a trust system without the help of a third party trust system (banks) and everyone knows how corrupt and impartial they can be, we have seen that many times in the past and it will happen in the past and so is the only reason majority are trying and being vocal about banks, i do not think eradicating banks will be a long term solution, but everything will co exist in the future.
813  Economy / Economics / Re: Is NOW the best time to buy or enter in bitcoin? on: May 07, 2018, 11:43:43 PM
There is no specific time as the best time to invest in bitcoin, if you are having plans to enter the market, just monitor the market and enter when the price is low rather than entering when the mean price is higher, if not the risks are higher and since the price is over $9k taking chance means you are risking a huge amount of money and that will be the mind set of some people. Wink
814  Bitcoin / Bitcoin Discussion / Re: I just lost my entire wallet of 13 BTC. on: May 02, 2018, 11:51:35 PM
Why did you keep all your life savings in BTC? I really don't get it. Unfortunately the only thing that you can do now is analyse your actions step by step to find out which software has been compromised. You either have a trojan on your computer or downloaded fake wallets that had a backdoor allowing the hacker to get your keys.
The money is gone either way, calm down, have some alcohol or try to get some sleep. The sooner you get over it the better for your health.
It is a really unfortunate situation, most probably he tried to extract the fork coins using the private keys keeping the bitcoin in the wallet and that is the biggest mistake he did, we have discussed about extracting the new coins and how to do it safely, the risk of using your private key with the coins in it is the most damaging thing you can do. I am not even sure who is behind BTC Diamond and BTC Private and i have not extracted anything till now, the only coin i moved is BCH and that too first moving my bitcoin to another wallet and that is the safest way.
815  Bitcoin / Bitcoin Discussion / Re: Vitalik Buterin: I agree that Bitcoin is better than gold on: May 02, 2018, 11:41:03 PM
Vitalik Buterin (V-God), the founder of Ethereum, said on Twitter that “Why is Bitcoin better than gold?” — I actually agree with this, Bitcoin is better than gold, both personally and socially. I used to talk about Bitcoin's damage to the environment. But gold is even worse.
If you really think that mining damages the environment, then what you will say about the big industries who is producing more carbon dioxide and other harmful chemicals, miners might move to green house renewable energy in the future, bitcoin is way better than gold as it can be used as an asset as well as a currency and i think is the most important aspect of bitcoin.
816  Bitcoin / Bitcoin Discussion / Re: Central Bank of China (Taiwan) Promises to Implement the Blockchain! on: May 02, 2018, 11:07:00 PM
They are doing some experiment and observation regarding Blockchain.  Let hope the most of countries will do it also and totally accept crypto currencies and real world.  I believed someday in general bitcoin and crypto currencies will be know the most  powerful currencies and to limit users of FIAT.
The main thing that people are missing here is that, implementing blockchain in their financial system does not mean that they will be accepting cryptocurrencies. Many countries is already investing in studying the blockchain but that does not mean that they are accepting bitcoin or any other crypto coin.
817  Local / India / Re: Bitcoin Price Could Hit $25,000 This Year on: May 02, 2018, 10:19:44 PM
Bitcoin Price expectation is 25000 dollars and next price expectation is 40000 dollars so we can assume this 2 price expectations are possible as per chart analysis
In a normal situation we should see those valuation and i am bullish in those price, but one thing we need to understand is for us to see those valuation we need to attract more investors and for that we need to have the lightning network to be implemented and after that we could see those valuation, before that i do not see the market moving to those valuation.
818  Local / India / Re: Speak Hindi and English? on: May 02, 2018, 08:57:17 PM
so here I will suggest you for the use the Google translate platform ( which is available to use in every Android mobile mobile & also in web version free of cost ) .
Hope you understand my advice and will try the Google translate .
Google translate wont work accurately if the OP is looking for a good translation, i usually use translator to talk with my Hindi speaking friends and the conversion usually sucks to be frank, i understand the language and so i know the translation is not great because i translate English to Hindi and every time i get a garbage translation and most of the time the meaning itself changes.

Well I can speak/write/understand : Hindi, English, Bengali, Spanish. Would you mind telling me about the project in inbox?
I can understand you knowing Bengali and may be because you are from Calcutta but how you learned Spanish. Wink
819  Economy / Speculation / Re: What will happen when 1 satoshi is $ 1? on: May 02, 2018, 11:38:30 AM
1 satoshi equal 1 dollar each is very impossible to happen because 1 bitcoin is equal to 100million satoshi and if that happen the price of each bitcoin in dollars will be 100 million dollars. Even the 1 million dollars is probably not happen don't expect each satoshi will become like that price. And this is the true possible to happen they have possible bitcoin die after few years so don't expect to much...
I can understand your evaluation of bitcoin not reaching one dollar per satoshi but i did not understand how you evaluated bitcoin is going to die after a few years, if that is the case, there is no way you are sitting here in bitcointalk thinking it would die off and in the mean time earn some bounties and invest in bitcoin just for nothing. Roll Eyes
820  Economy / Gambling discussion / Re: IPL( Indian Premier League) Prediction Thread, 2018. on: May 02, 2018, 12:00:07 AM
Well MI is out of the tournament just like DD now(if you think DD & MI can win all 6 matches from now on, then you must be dreaming).Hardik pandya was very mature today unlike his teammates.but all in vain now.

We have an interesting match today, RR VS DD.I will cheer DD today, they are string just need to work more in the bowling department.Lets hope for a win!But don't place any bets today, will be very dangerous.
RCB defended the total and it is a real surprise as i never expected their bowling attack having the capacity to defend totals. Cheesy This is not the level of performance i expected from defending champions at the beginning, but they just could not produce collective effort to win a match and RCB bowled the final overs really well to restrict them. MI is not completely out, if they can win every match from this situation, they could enter play offs.
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