New projects tend to give profits only in bullrun time and since no one knows when the next altcoin season will be its better to stick with old coins instead but for my i don't put my head in one basket,i have many new coins and old coins so no matter what some will fail and some will succeed, still gold research can safe you from scammers trap

Crypto investments keep failing gradually, many bounty projects keep disappointing me and even almost all once profitable ways on crypto are getting blocked due to the present market condition BUT

One thing is very certain in this world and that is
Nothing is permanent in this world,change is the only thing that is constant.... This is why i won't give up

Thank you. I was a complete noob to crypto's and stuff that's why i now loving to be here in BCT.org people here are nice and helpful. Some and trolls and don't even empathize someones concern.

We can't trust apps from playstore anymore,100s of apps from play store are infected with malwares and keyloggers,do not download apps from play store anymore,if you need any app badly find their website and download from original source, beware
What most of these apps do is uploading users data to their own servers which can result in stealing your wallet keys too

There is no official announcement from the court regarding the crypto case which means we can still hold and trade cryptocurrencies.
The RBI is against cryptocurrencies which is why they have told the banks to freeze accounts of people dealing with cryptocurrencies.
If we give the remarks related to cryptocurrencies then surely the banks will find out that we are dealing in cryptocurrencies and they will freeze our accounts.
Once the account is freezed we can't do any transactions from that account. The only option then left would be to go to the bank and close your account and get the cash withdrawn.
So it's better if we take measures so that the banks don't find out that we are dealing in crypto. This way we would be able to use crypto for long.

It's pretty understandable, you can have a transaction with cryptocurrency but we are not going to assist you anymore, do it in your responsibility. That was a stupid move from RBI. I guess someday, they will reverse the decision.

It's confusing! The cryptos are not banned officially but RBI has banned banking services to crypto related businesses! We bloody don't know what the hell in ongoing! Our age old politicians are employing "one-exam-wonder" IAS officers to write a report and these IAS officers are only seeing negatives in it! A typical orthodox mentality that we can expect from a religious government!

However, if you trade through localbitcoins website, then you should not face any issue unless your volume is really high and doesn't match with your transaction history. lets assume your are a service man who earns 50k per month and you suddenly receive 5 lacks in your bank account, then it would obviously ring few bells! But if you can keep the volume within an acceptable amount like 50k - 1 lack, then you should not face any issue! Just keep low profile and don't talk about it anywhere!

It was not some random call, i verified before attending the call and it came from my Axis bank branch where i hold the account. They specially asked about one paytm transaction someone sent me last year and the main point they inquired is whether i trade virtual currency. Is this some form of evidence collection from IT office through banks  .

There is no clear notification about the banning of BTCitcoin but i got a phone call from Axis bank last week asking about a particular transaction i did last year and inquired whether i do virtual currency transaction, i was taken back when he asked that and i said i have done that in the past as most of the transaction i did with coinsecure and unocoin are noted as bitcoin transaction and i questioned what is the purpose of these inquiries but the person behind the call said they got a inquiry about those transaction and so is the reason they are calling.
I called back after a while after a conversation with my CA and when i called the bank back they said they do not know who called me and there is no inquiry they are aware of. Has anyone encountered these in the past.

Not permanently I guess. You will need to contact the manager and explain your reasons of dealing in crypto and the procedure would be tough as RBI has issued a ban. If they don't listen, you can contact your lawyer but still since RBI has banned it, chances are less. Never heard about a case where the user has managed to unfreeze their bank account dealing with crypto. Sometimes the bank issues a warning before freezing the account which gives you time to remove your money.

Currently it's a bank ban means if the bank gets to know you are selling/buying cryptocurrency, they'll freeze your account and many users have got notices also from banks like HDFC/SBI: https://prnt.sc/p4x3en

You can check this thread for more clarity -> https://bitcointalk.org/index.php?topic=5155099.0. I don't understand Hindi, so I don't know what exactly is told in the video.

So what I personally think is that Banks can freeze your accounts, if they think that you are dealing with cryptocurrencies as RBI has implemented a ban. This could be caused by mistakenly adding a crypto-related remark while making the transaction like "For BTC" "Buying 1 ETH" etc. But I don't think that FIR complaints could be launched based on such activity. However, the Govt freezes/monitor bank accounts which they think are financing terrorism and money laundering of illicit funds, so if you get funds from any of such marked accounts, you might face an account freeze and FIR complaint lodged against you.

Almost all purchase and selling of cryptocurrencies involving INR is done by p2p trading. So, apart from the recent risk related to FIRs being filed & freezing of bank accounts of the traders as money were sent from hacked bank accounts, there is not much of a problem.

Agree. Copy pasting and QR code are still not safe at all w/out checking carefully by yourself.

To all: Speaking of double checking addresses before doing transaction.
How or what is the fastest way to check it?
Because what I am doing when checking is first I am comparing some first few letters/digits of the bitcoin address and the some of last digits/letters.