There's nothing new in here when we talk about demonetization, as the days it started gave a boost in the prices of bitcoins which made people a profit of more than 30% per Bitcoins that were sold with such increments than the actual International market rates. This is catching lots of eyes' attention and will surely wake up the government soon, and I don't think they will ever give it acceptance because they won't be able to trace and that's their disadvantage here.

If we consider those guys as millionaires who possess 21 Bitcoins based on current price of bitcoins, then definitely no, because we are mathematically wrong here. And this is not a good thing if there will ever be such amount of people only who will possess 21 Bitcoins, as that will become the biggest holdback if the coins are not spread among other users.

It's not just Ether that is being dumped like other well-known alts, but even some currently appreciated projects like Monero and some other ICO coins, which were thought to give bitcoins some competition, were just being used to "trade" alone for the purpose of profits and nothing else.

The lost coins have nothing to do with a pump or I would say, a steady price rise and so the same thing can be said reversibly.
Such coins could have been used for anything including "donations" to an actual charity instead of being burnt, but they didn't.
Should they still be considered as used in a better way?

Freedom from what? It's prices?
If it's related to it, then I think the price has already settled back down to where it should be and no more enjoyable deals are available here.
Apart from it, if we are talking here about trading bitcoins, then there is neither legality nor illegality of bitcoins being discussed currently in the country, but as we are all heading towards a cashless economy, I think Government will possibly favor Bitcoins instead of going against it, seeing the potential it has, whether as a currency or as a commodity.

When did I say that I don't know about the news? I knew that it's true, but the way media is introducing bitcoins in India should not be the way it should have shown up. PayTM managed to grab a lot of users during these "cashless" times and I find it very hard for bitcoins now for being started to be used by an average user now as PayTM has captured all the market. Not just that bank managers only know about bitcoins, even they were involved in converting old cash into new, which makes all this demonetization thing worthless.

That had been very much surprising as how the government is able to catch those who converted their old cash into new notes, and in most huge seizures where new notes are being found, I haven't seen any with new 500 Rupee notes but new 2000 Rupee notes. Don't really know what's the logic behind this.
They said they had included some nano chips in those new notes, do you really think that's the case? If so, what would be the production cost per note?

The site doesn't have a reputed name included there, and that's trybitcoin.in
Currently, they are providing the highest rates per bitcoin and are trustworthy, did 2 trades there and can confirm that transactions were smooth as well as quick, and customer service was good.


Not spammers, but scammers.
And never deal with PayTM guys as most are fraud deals.

Demonetisation has become one of the major reasons why Indians are heading towards bitcoins, and this has helped the growth of user-base a lot here which is why I feel thankful to our PM as due to him, this has become possible. But due to so much negative publicity by media, it is going to be very hard for bitcoins to being used as an alternative to PayTM which has gained a lot more popularity by playing a square on the spot.

I won't disclose where am I located at currently, but yeah, I do know that they are very rich in exploring and learning new things.
They are all studying computer science and so, using bitcoins is general among all of us (I mean the group), won't say they are experts but they definitely take part in any bitcoin related events that occur in our country.

Really? And what do you think now?
The price is back above 60k and Christmas is near, still everyone thinking that the price will fall?
I hope we see $1000 in India once again as it was already there when we crossed the 67k mark before.

Yes, I didn't request any withdrawal to be processed, but it got processed automatically and the funds got transferred without my consent.
I don't feel bad because the amount was not that big, but for big players, this might be a problem if they didn't knew this before and got their funds auto-withdrawn.

Dudeperfect, your offer is good.
But I want to caution everyone who is going to sell their bitcoins for PayTM money, as I have come through a case recently.
A person just bought bitcoins and sent PayTM money to the seller.
A few days later, that buyer just called the PayTM guys asking why the amount got deducted and PayTM people said that you have mentioned that you bought some Bitcoins, and the buyer replied like, "What? What the hell is Bitcoin?" He said he needs a refund at any cost or he will lodge a complaint and PayTM reversed the funds back to his wallet. I just wanted to let everyone remain safe, that's why I shared this. And TBH, this is not specifically for you, OP.

Lolz, correct. They just misinterpret everything and put it accordingly, based on their assumptions completely without even understanding the concept behind that thing. Bitcoin has never been a Kala Bazaari wala dhandha, at least not for us who actually know its potential and its use. Just because few asses out there are purchasing bitcoins because they don't need anything specific like they need to show for even Gold nowadays, this media is just making bitcoins "black money chhupane ka ek matra raasta". I just can't do anything but clap on all their idiotic comments.

That's good that you are now verified there. And yes, it takes a lot to earn bitcoins because of its high value currently.
PrimeDice is a dice site where you can play either through their faucet (200 satoshis after signup) or you can deposit your own bitcoins and start playing with their high-low dice game, it is a good site because it's been online since many years and has a very good reputation here at bitcointalk among many other gambling websites.

Whether compulsory or not, but I think that the languages which this part is made for, should be spoken inside here.
And when I used to speak it in some parts of this section, I was asked to leave the conversation just because they didn't understand Hindi and said that I should post in English. But I agree with you that we need some healthy discussions out here.

I don't have a budget but an idea to propose, that why not Indians start a signature campaign for Indians only and ask their friends to join the forum to learn about bitcoins as well as earn something in return? That would be interesting if users start engaging even if they are here for bitcoins, but only active participants should be allowed.

Whether bitcoins or fiat, both are being used for such purposes and that's not bitcoin is made up for, but when there is graciousness and benevolence, there will be enormity and rebelliousness too. We can't control minds, we can just expect and so, let that unhealthy society be kept aside if you don't want it to be a part of us, but you cannot ask them to get themselves removed as because they have become a "part" now.

Bitcoin had been, is now, and will always be a great investment source because there is an assurance that the price will always grow and not just be doomed by anyone as it is being spread among many users and as we all know the wider the adoption (demand here), the better the value.

This is what's dragging bitcoins into dark in India, this journalism and media itself.
I hate all News channels here because they are "PAID" and they only show what they are asked to show.
But this is not doing any good for bitcoins in India, as it is evident that bitcoins are surely going to be seen as a "black-money-converting-commodity" from the very beginning here.

Welcome to the community, so far I have been working for bitcoins here itself, so I think you are at the best and correct place to earn bitcoins with many different ways like signature campaigns to selling your services here to getting paid for micro tasks. And if you want to store your bitcoins, offline wallets or physical hardware like trezor, but it would be expensive.