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Satoshi Nakamoto would be mystique!
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Although cryptocurrencies are banned in India, it would be worthy to note that the ban is only limited to trade in commodities using Cryptocurrencies.
This means that you can still invest in cryptocurrencies. The following guide lists down a few exchanges in India as well. Example- GIOTTUS which is based out of Chennai
India is in the process of welcoming cryptocurrencies and that there are multiple proceedings which are are currently going on.
Here is a guide which you can refer to if you want to know how to trade in cryptocurrencies in India and the rest of the world too-
https://bitcointalk.org/index.php?topic=5045918.new#new
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+1
Have to say that corruption is the biggest problem of India.
Once they get ahead of that, only then will they be able to welcome such changes.
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On going through various Jr. Mem profiles, I have noticed a very positive proportion when between the activity and the merit points.
However, on going through roughly a 100 posts of one particular profile, I have come across simply 2 Merited posts out of the reflected amount of 96 Merits.
I understood later on that this is because of the new Merit rules which are not basis time but basis quality content.
This makes me wonder why the merit points too are not reflected accordingly. This sends across a message of inequality and unfair understanding.
Understanding and agreeing to the fact that merits are important for the sake of quality posts, I feel that posts should be checked properly by responsible high ranking members.
The other day I came across a post by a Newbie talking about how he wishes to simply jump into the world of Bitcoin investment and make money.
Obviously it was a shitpost but what surprised me was a 5 word comment which got merited! The comment was the 9th on the list and it went like - 'This is a ridiculous thread'
I understand quality comments to be ones the help out this esteemed community in any way possible. Simply expressing what you feel in the form of a lifeless phrase does not amount to any help for someone.
Please let us newbies know what quality posting actually means! We honestly wish to contribute and interact as much.
Sorry if I may have violated opinions. Thank you for you consideration.
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Great news for ICOs in Asia!
Keeping in mind the potential of the market, the world of cryptocurrency could genuinely get a major boost due to this.
We are already aware of Singapore being the safe haven for ICOs across the globe. Another Asian country joining the entourage would definitely improve investor confidence.
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Keeping in mind the SECs verdict due in a couple of days, I really wish to understand how Bitcoin Futures stand to assuage any negative impact from the SECs decision.
Quoted from the article-
The physical crypto futures is designed to attract investment from institutional investors, who have so far stayed away from the market. Bakkt, notwithstanding, promises a “regulated ecosystem” where investors can invest in cryptocurrency product. Reference Article- https://blockonomi.com/bakkt-bitcoin-futures/[/size]
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With the SEC about to take a decision on 30th of september what do you think this would mean for NHCT in both cases
i.e whether the government rules in favor or against cryptocurrencies.
This is just so that I can get an idea of what to do next.
I think NHCT would not be troubled by whatever decision SEC makes. NHCT has its own presence and whether Bitcoin gets asset class status should not matter to altcoins much. |
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Hello guys. The idea looks very promising. What are the dates planned for ICO? How do you plan to manage the scam image associated with crypto. Lot of good projects are receiving flak these days just because they are based on crypto.
And one small honest question for the team - Couldn't it have been done without token dynamics and just through health credit? From my understanding, the idea was to provide the users of their Health App with some incentive. They aim to achieve that through a three-tier tokenization model. This essentially means that with every successive level of the token, users will have perform health related activities in order to achieve the final NHCT Token. |
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I am very much interested as to what the price variation be after this month's SEC's ruling on the CBOE proposal.
These dips and gains would keep taking place and one cannot really say as to what the final result would be.
Gotta wait and watch!
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The fact that these guys have won the HULT Prize in 2014 and have raised $1 Million Dollars increases my confidence in the success of this project. Also, I am happy that someone is finally giving importance to Healthcare issues.
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It is vital for entrepreneurs to come up with ideas around the domain of Healthcare.
This is because we need to use technology in the best way possible.
Nowadays, there are a lot of ICOs which come up with random ideas which are not entirely practical at first.
So I would definitely vouch for an ICO like NHCT that is thinking about the application of Blockchain in the field of Healthcare.
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The beauty of the Bitcoin hitchhiking on the blockchain network is that everything is connected and everything is known.
Apart from the fact that Bitcoin can be used merely for transactions does not negate the other brilliant applications of it.
Take, for example, how a series of bitcoin transactions led to the discovery of how 12 Russian spies ran their operations.
Like we all know, every bitcoin transaction gets registered and can be traced back to its genesis.
Using basic subpoenas, Law enforcement can easily identify personal information on the Network.
News like this makes me feel positive about the future of Bitcoin.
What do you guys have to say?Source: https://news.vice.com/en_us/article/a38dg5/how-bitcoin-helped-track-down-suspects-in-the-russia-investigation
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Sure. This may sound all rosy for investors who worry about security.
But does Bitcoin need to be like the other official asset classes?
Bitcoin has its own freedom and the SEC and all others who vouch for this should stop pushing it.
Talks about Goldman Sachs looking at a proper trading desk and other news are also around.
All the way in India, the Supreme court is set to decide on the legality of cryptocurrency on 17th September.
The Chicago Board of Options Exchange is also offering forwards for Bitcoin.
Here is an interesting article about all of this- http://fortune.com/2018/09/12/crypto-grow-institutional-asset-class/
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High possibilities-
Goldman Sachs to finalize on a trading desk,
Fidelity to launch a bitcoin product,
Square offering bitcoin processing for merchants,
BlackRock offering an ETF.
Once these actually happen, Bitcoin will surely experience seen a big bump.
2018 may have seen a steep fall down to $6K all the way from $19K but things can never be grim for Bitcoin.  Reference Article- https[Suspicious link removed]c-warns-on-altcoins/#655b9ba2a9ff
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You're right that Bitcoin is getting a lot of pop culture references lately! Eminem is there for Murica and here we have Coronation street for the UK. It is interesting how they have depicted the vulnerability of Bitcoin to sudden rise and fall through Ryan (a character in the soap) who having once micro-invested in 'whipcoin' get a massive setback after losing the password to access his coins- the value of which is now in millions. Quoting from the article shared by the OP - While much of the recent chatter around bitcoin and cryptocurrency prices has been all about exchange-traded funds (ETFs) — which could open bitcoin to a much wider investment market — many bitcoin evangelists, including bitcoin guru Andreas Antonopoulos, would rather see bitcoin adoption driving the price as people around the world choose to use cryptocurrencies over the likes of PayPal, Visa, and MasterCard.
Bitcoin being a major plot point in UK soap opera Coronation Street is a step in the right direction here. A step in the right direction. |
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“The question is whether the ‘elements of a profit-seeking business venture’ are sufficiently alleged in the indictment, such that, if proven at trial, a reasonable jury could conclude that ‘investors provide[d] the capital and share[d] in the earnings and profits; [and] the promoters manage[d], control[ed] and operate[d] the enterprise.’ For present purposes, we conclude that they are.”
Judge Dearie Following the Zaslavskiy case, a New York court Judge has deemed laws that apply to securites and the asset classes to be applied to Cryptocurrencies as well. Upon a challenge, the judge said that the securities laws must be considered to be flexible and may be easily applied to cryptocurrencies as well. I have three points in mind-
- This will surely protect investors.
- Will this also increase anxiety towards dealings and investment in cryptocurrencies?
- How will Bitcoin get affected?Source- https://cointelegraph.com/news/breaking-new-york-judge-rules-securities-laws-can-apply-to-cryptocurrencies |
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Adding to this I personally find it a possiblity due to the recent reports as mentioned below
1. A dealership in Houston Texas accepting bitcoins for the purchase of Rolls Royce cars
2. Goldman Sachs CFO says bank is working on bitcoin derivative for clients
3. Major Japanese Department Store Chain Marui Accepts Bitcoin
These motives have a lot of weight and will definitely mean a lot when it comes down to it. I am not gonna disagree with this. At the same time I am not overly optimistic about it, or rather I don't wanna be. Let us see how this turns out to be. |
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