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Local / India / What was the practical ATH of BTC against INR?
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on: November 12, 2020, 05:23:05 PM
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I do remember BTC to be traded over 12L INR at LocalBitcoins.com on December 2017. But, what was the highest value against INR that BTC has ever received on any exchange? Did it touch 13L INR on any exchange?
Please note that, I am not asking the INR equivalent of USD rate.
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Local / India / RBI published Draft Enabling Framework for Regulatory Sandbox
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on: April 20, 2019, 05:15:40 PM
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6.3 Exclusion from Sandbox TestingThe entities may not be suitable for RS if the proposed financial service is similar to those that are already being offered in India unless the applicants can show that either a different technology is being gainfully applied or the same technology is being applied in a more efficient and effective manner. An indicative negative list of products/services/technology which may not be accepted for testing is as follows: - Credit registry
- Credit information
- Crypto currency/Crypto assets services
- Trading/investing/settling in crypto assets
- Initial Coin Offerings, etc.
- Chain marketing services
- Any product/services which have been banned by the regulators/Government of India
https://rbi.org.in/scripts/PublicationReportDetails.aspx?ID=920
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Bitcoin / Development & Technical Discussion / What is the difference in usage between compressed & uncompressed addresses ?
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on: January 19, 2016, 07:23:26 PM
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Here is a sample...
Uncompressed Bitcoin Address: 17SaVf9npuG4g9pBsx44nuAqjVSfmx7UR2
Compressed Bitcoin Address: 1GMg9NbjCQbpUkQub9t8ku2rppkzYCtaAV
Private Key in WIF for Uncompressed Bitcoin Address: 5JWyuNiTvSacwBJiPs8ty1oUPEiiLicDiyv7SgE4hmvPrz5gMP6
Private Key in WIF for Compressed Bitcoin Address: KzKLAAr1psuPc8VBhvHrNEY7s9Z7U2eTAJDRSL8fLyGfuE1cvNMS
Private Key in Hex for Both: 5C674904D31347FD83C88CA0FDFC59E83AF748A1614721A76504E908FF87A598
Does bitcoin core support both WIF ? Can the same Hex sweep fund from both addresses ?
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Bitcoin / Development & Technical Discussion / How the difficulty is adjusted in this situation ?
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on: November 16, 2014, 04:59:45 PM
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As I understand, the more number of zeroes are required in a block hash, the more it is difficult to find. Now suppose, the target is to find a hash with more than 8 zeroes in the left, but the found hash hash 20 zeroes in left. Does it mean that the next hash has to have more than 20 zeroes in left ? How network will adjust this sudden difficulty spike ?
Please let me know if I'm having any conceptual mistake here...
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Bitcoin / Project Development / Crypto-Currency Market Capitalization website Development Project
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on: August 20, 2014, 10:40:54 PM
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I'm chalking out a plan to develop a Crypto-Currency Market Capitalizations website and hence looking for a Developer with Design skills on profit sharing basis. It'll be similar to CoinMarketCap, but NOT a clone. Following are the details...
What I'll provide U...
1. Domain Name
2. Web Hosting
3. Advertisement
4. SEO support
What I need from U...
1. Knowledge in PHP, MySQL (for Middleware & Backend)
2. Knowledge in HTML5, CSS3, JSON, AJAX (for UI & API interaction)
3. Regular time to add new alt coins and exchanges
4. Awareness about the latest happenings in the Alt Coin world.
Profit sharing will be 60:40 at least, i.e. 60% U and 40% me. Your % may rise, but wont fall.
...Please drop by if you are interested.
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Local / Mining (India) / Bitcoin Pool for India
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on: June 19, 2014, 11:04:37 PM
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Since GHash reached 51%, I am planning to setup a P2Pool for India. I have multiple Bitcoin related unused domains, one of which will be used. I wont have any immediate benefit from it, rather will be spending on VPS. But I think, to keep the network decentralized, we should distribute the mining power. Looking forward for the community opinion... especially miners. p.s. Image taken from a BitcoinTalk topic on the day GHash.IO reached 51%.
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