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1  Local / India / Re: The Best Bitcoin Exchange in India on: October 21, 2017, 01:33:51 PM
Don't trust a stupid exchange with your money
Localbitcoins is the best as long as you understand what trust,feedback & escrow is and how those works there

I concur.

Zebpay too expensive last time I checked, coinsecure heard lots of negative news lately wrt poor customer service, unocoin got hacked few months back so not comfortable using them, coinbase not open for India yet.

Above all, Stay away from Bitcoin-India.org . Check my earlier posts for my detailed experience with them. Worst company! Check their horrible facebook reviews as well. Stay vigilant against these rascals.

Localbitcoins is THE BEST! Just follow the instructions, dont be careless and go for sellers/buyers with good reviews.

BTCHoDl $trongBTC
2  Local / India / Re: SCAM ALERT: BITCOIN INDIA on: October 11, 2017, 03:24:27 AM
I know the guy from LBC. Yes very crappy and slow service.

Dude's name is sykam reddy if anyone cares

So does he buy/sell from LB  Huh so then what is his site for if he has to buy/sell from LB.  It is obvious if the person spent time on LBC then how will he handle his site and the orders of his customers. Sometimes just do now understand why they open an site when they cannot handle.


I noticed "Bitcoin-India" username here and on LBC and observed their activities & can confirm that they are the same entity as the pax who operate scam website.
Beware. Things are shady enough as it is.
Got my tether.to verification approved. Hell yeah! Finally will get to buy alt coins with fiat currency without going thru the indigenous thieves.

BTCHoDl Strong!BTC
3  Local / India / Re: Help promote bitcoin in India on: September 30, 2017, 03:45:48 AM
Promoting Bitcoin in India is not a harder task but this is a confusion that if Govt. allowing this activity or not. I listened and also reading on the internet that Bitcoin is illegal in India. In the another way in TV news I watch that they are letting the people know about the Bitcoin in a fancy voice and gauging the benefits of this. So, actually what to do? I don't understand whether we transact this openly it not?

Higher the risk, higher the reward mate. Make peace with the fact that you "may" have to forgo all your investment if things turn sour with GOI and CC. In the meantime, secure your CCs and enjoy the ride while it lasts. Smiley

BTC HoDl Strong! BTC
4  Local / India / Re: SCAM ALERT: BITCOIN INDIA on: September 30, 2017, 03:36:23 AM
Bitcoin India has suspended accounts of many users and users are unable to get their money back.
There is no positive reply from customer care.
Those who have accounts there, please withdraw their money asap.

Be Safe.



Namaskar fellow Indians,

I can vouch for this. Have been using bitcoin-india.org as a convenient way to accumulate, although they sell at a premium over international exchanges. I started 2 months back and have learned that it is feasible to buy cheap BTCs from LBC and purchase alt coins from bittrex or poloniex. Anyone just starting could learn from this shared experience.

Back to the matter at hand. "bitcoin-india.org" has always had horrible customer support, buggy interface. But they crossed all limits on the 15th of Sept. During the recent deep market correction (on 15th sept) their buy prices were sky high. I told them so and some issue started with their prices. They ended up shutting down services for over 24 hours. Upon revival the next evening, my account was suspended without explanation. Several attempts to contact them via various channels of communication seemed futile. The next day, they sent me a one sentenced apology email and revived back my account. Needless to say, I have withdrawn all cash and coins from there and transferred to secure wallets.
Going to get legal advice but dont think anything can happen as sector not regulated yet, although they are registered as "BITCOIN INDIA SOFTWARE SERVICES PRIVATE LIMITED"  

Its my first post on btalk. dont think i can upload images. so here's a link to it instead. imgur(dot)com/tOf8vLY
The only edit on this is me removing my profile pic next to the battery level indicator.

Go ahead and read all their stellar reviews on facebook. link: facebook(dot)com/pg/Bitcoin(dot)India(dot)Org/reviews/?ref=page_internal

Stay safe, not scared.

And above all, HoDl Strong!!!

I was looking forward to opening an account with the exchange but I am not anymore. Its always a good idea to check the forum talks before investing in some exchange/coin that is not yet popular... Thanks for sharing..

Most welcome ZA! Yup, this Indian forum is a boon for desi crypto enthusiatsts; amateurs and pros alike.
Have fun trading/investing!

BTC HoDl Strong! BTC
5  Local / India / Re: SCAM ALERT: BITCOIN INDIA on: September 26, 2017, 12:38:52 PM

I always knew this things will happen especially with the unknown so called exchanges that come up in recent time and will vanish taking the money or will suspend the account when the dip takes place and when you actually want to buy it you cannot buy it because they will not transfer money etc. Also their company name includes software and they are into bitcoin business?  Huh

Right on. You live n u learn.....

Another awful MAJOR MESS UP of theirs is that they give you wallet addresses of different cyptos in your account. You think you are in control of them esp. for 3rd party transfers. But lol.

For example, countless times have I tried to send ETH from my primary secure wallet to the address they provide me to store ETH in (in my bitcoin-india.org account). Upon checking blockchain ledger online to view the newly made txn, I see no records whatsoever! Upon contacting their customer "support", 10-90 minutes thereafter, some random address stores it in my bitcoin-india.org wallet. Same goes for outgoing transactions. Same goes for XRP, BTC and who knows which other cryptos that they offer. This is just ridiculous!

Too many valuable resources I have lost while dealing with this crappy service. Namely time and peace of mind.
Eff em' henceforth.

BTC HoDl Strong! BTC
6  Local / India / Re: SCAM ALERT: BITCOIN INDIA on: September 20, 2017, 02:42:19 AM
Bitcoin India has suspended accounts of many users and users are unable to get their money back.
There is no positive reply from customer care.
Those who have accounts there, please withdraw their money asap.

Be Safe.



Namaskar fellow Indians,

I can vouch for this. Have been using bitcoin-india.org as a convenient way to accumulate, although they sell at a premium over international exchanges. I started 2 months back and have learned that it is feasible to buy cheap BTCs from LBC and purchase alt coins from bittrex or poloniex. Anyone just starting could learn from this shared experience.

Back to the matter at hand. "bitcoin-india.org" has always had horrible customer support, buggy interface. But they crossed all limits on the 15th of Sept. During the recent deep market correction (on 15th sept) their buy prices were sky high. I told them so and some issue started with their prices. They ended up shutting down services for over 24 hours. Upon revival the next evening, my account was suspended without explanation. Several attempts to contact them via various channels of communication seemed futile. The next day, they sent me a one sentenced apology email and revived back my account. Needless to say, I have withdrawn all cash and coins from there and transferred to secure wallets.
Going to get legal advice but dont think anything can happen as sector not regulated yet, although they are registered as "BITCOIN INDIA SOFTWARE SERVICES PRIVATE LIMITED"  

Its my first post on btalk. dont think i can upload images. so here's a link to it instead. imgur(dot)com/tOf8vLY
The only edit on this is me removing my profile pic next to the battery level indicator.

Go ahead and read all their stellar reviews on facebook. link: facebook(dot)com/pg/Bitcoin(dot)India(dot)Org/reviews/?ref=page_internal

Stay safe, not scared.

And above all, HoDl Strong!!!
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