 Show Posts
|
|
Pages: [1] 2 3 4 5 »
|
|
1
|
Bitcoin / Bitcoin Discussion / Re: Why is India lagging behind ?
|
on: December 01, 2015, 02:56:35 PM
|
I agree , India is deciding its own rates currently and not depending on International rates, But that does not mean the spread between Buy and Sell has to be 10% or more ?
As for us , we make sure the spread is not more than 1% or at the max 2% , In fact , Customers on our exchange don't let that spread be more than 1-2%.
If customers are buying Bitcoin , they should be able to sell too at the market price. The problem here is something else , the reason why people don't want to purchase Bitcoin at market rate is , cause they then don't have a place to sell at the market rate as well.
For ex, If someone purchases coins at market rate , and he makes 2% profit out of the volatility , he cant get that profit out as most of the exchanges or buy/sell platforms are keeping a spread of 10% or more. How is that person supposed to make profit if he can't sell at the market price ?
What's happening here with most buy/sell platforms is, When prices go too down , they are not willing to sell coins at lower price , as they have purchased it at a higher price , so prices don't go down with these buy/sell platforms and people are not able to take advantage of lower prices as they are not able to get coins at that price. Similarly, when prices go too high , these buy/sell platforms are giving too bad sell rates as they don't want to buy coins at higher price.
This is why , I think customer created market is very important. Customers should decide the buy and sell prices. Its very basic math , if you are not trading with a broker/trader in between who is keeping their own margins too , Buyers and sellers will both get great prices as the middle man spread is no more there , hence making the spread limited to 1-2%.
As for LBC , people take advantage of new Bitcoin users joining in by giving them bad rates , as most of these newbies are not aware of other available exchanges in India who are giving market Buy & Sell rates.
Mohit Kalra
Coinsecure.in
Mate..the buy/sell margin is not 10%.. it might have been 10% in the past but its not that high anymore.. and I totally agree that the Price of BTC market is different from RoW.. you can see that in both the categories.. The lowest guy is selling at 22555inr/BTC where as highest buying is 21949inr/BTC.. difference of 600bucks.. i think thats fair. You sure they not 10% ? Here are the current prices , all taken at the same time - BTCXIndia - 21300 21000 - 1.4% Coinsecure - 21200 21000 - 1.1% LBC - 21918 24076 - 9% (This is just strange , prices are other way round, weird stuff goes on at LBC) Unocoin - 21219 18885 - 11% Zebpay - 21495 20849 - 3% I am not happy with these spreads at all , as in most global exchanges , spreads are 0.1 - 0.2% at the max. Mohit Kalra Coinsecure.in |
|
|
|
|
2
|
Bitcoin / Bitcoin Discussion / Re: Why is India lagging behind ?
|
on: December 01, 2015, 11:59:32 AM
|
I agree , India is deciding its own rates currently and not depending on International rates, But that does not mean the spread between Buy and Sell has to be 10% or more ?
As for us , we make sure the spread is not more than 1% or at the max 2% , In fact , Customers on our exchange don't let that spread be more than 1-2%.
If customers are buying Bitcoin , they should be able to sell too at the market price. The problem here is something else , the reason why people don't want to purchase Bitcoin at market rate is , cause they then don't have a place to sell at the market rate as well.
For ex, If someone purchases coins at market rate , and he makes 2% profit out of the volatility , he cant get that profit out as most of the exchanges or buy/sell platforms are keeping a spread of 10% or more. How is that person supposed to make profit if he can't sell at the market price ?
What's happening here with most buy/sell platforms is, When prices go too down , they are not willing to sell coins at lower price , as they have purchased it at a higher price , so prices don't go down with these buy/sell platforms and people are not able to take advantage of lower prices as they are not able to get coins at that price. Similarly, when prices go too high , these buy/sell platforms are giving too bad sell rates as they don't want to buy coins at higher price.
This is why , I think customer created market is very important. Customers should decide the buy and sell prices. Its very basic math , if you are not trading with a broker/trader in between who is keeping their own margins too , Buyers and sellers will both get great prices as the middle man spread is no more there , hence making the spread limited to 1-2%.
As for LBC , people take advantage of new Bitcoin users joining in by giving them bad rates , as most of these newbies are not aware of other available exchanges in India who are giving market Buy & Sell rates.
Mohit Kalra
Coinsecure.in
You need to compare apples to apples and what you did is not the right comparision according to me. Now you have some volumes. It was not that 1-2% spread just 3 months ago. I am not sure what exactly you mean when you say you are making sure - i thought it was always your customers who create it. This is the screenshot i have from your website that is from 26th august where the spread was 15% in spite you were an exchange and not a trading platform. I ofcourse know that at that point of time there were not enough buyers on your platform to bring the spread closer. Now when your volume increases, you will usually do not see such issues especially when your trade book is transparent. But for a trading platform, it always continues to exist in spite it is getting crazy volumes (just on one side).  You cannot compare your prices and spreads to unocoin or zebpay prices and spreads. You do not take risks of taking positions nor running out of liquidity but we do. when we take positions and prices runs low - we lose money but in contrary if the price goes up, then there are not enough buyers. on the other hand when liquidity issue happens, we sometimes solicit an external buyer or seller to whom we have to offer at discount so that we square-off. If you wonder why the last traded price on your platform is significantly lower than international price, i would claim that it is because of trading platforms which are selling bitcoin for cheap as of now. Anyway, good to see that you guys are having some volumes now a days and are joining hands in price discovery in India. For unbiased price discovery to happen, we still need a lot of volume on every trading platform and exchanges, and I am looking forward to those days  I was not hitting you or any other Buy/sell platforms directly, I was just explaining the reason of the spread, but now that you have mentioned all of this, Let me put some clarity on. I very clearly said , '' In fact our customers make sure the spread is not more than 1-2% ''. I think you should realise , that coinsecure went live on the 1st of Jan this year itself, so Ya, i agree, our volumes , rates and spreads were too bad in August as it had just been a few months for us, But I think Unocoin has been in the market for past 3 years ? And I don't understand , If we do not take risk of keeping the liquidity ourselves, Is something wrong with that ? I think too, there is a huge difference between traders and exchange runners. We simply survive on our brokerage fees and nothing else . Can you explain me a bit , why is it that Unocoin has 1% fee , even after having margins on the rate itself ? Like you mentioned, you take the risk of providing the liquidity, why would you need another 1% on top of your margins ? Will it matter , if you keep higher margins than 1% on your liquidity and give 0% fee ? Definitely agree these overall volumes in India are not impressing me at all , and we all must get huge volumes all together Mohit Kalra Coinsecure.in We are yet to hit out second anniversary next month. But what i was trying to tell is different. You guys and us are targeting different set of customers. When volumes are low, the spread will get higher. That volume low may occur directly on exchange or when volume is low on one of the sides for a trading platform. Yes you guys do not run short of liquidity if all the orders you have are genuine orders. You are only changing hands for bitcoin and INR. "We simply survive on our brokerage fees and nothing else ." - are you sure this is take care of all of your expenses including salaries and variable expenses ? If so, then it is time to celebrate - you are breaking even 1% is the transaction fee and the spread which keeps varying depending upon the buyers and sellers and the positions we have taken. We collect service tax on transaction fee but not on the spread. So we need them to be separate as one is constant and the other one is not. There were times when our spread was around 2-3% when volatility just 2 months ago. We will be back there very soon as well I keep seeing china volumes which has comparable population - Indian volumes are just a fraction of them. What makes you think our liquidity is not genuine ? Feel free to complete them orders anytime you wish. We are a complete transparent exchange , we allow users to see full depth of the order books as well as last completed trades too. I mean our API can give you all this data too, Its not possible to fake stuff if you have so much transparency. No way , we are breaking even at this point of time. Obviously our fees is just 0.3% each side, we need at least 100 times the volume we have just to take care of our monthly expenses , also most of our high traders are on lesser fees , like 0.1%. So i don's see breaking even anytime soon , its still time left to celebrate, lets hope we all celebrate our success together I completely agree with you , that fees is important as it makes you give service tax and keep the government happy :p Hope the spreads are decreased in the near future, cause as a customer , I might not be happy with such huge spreads. Glad that ZebPay's spreads has become way better now, also i am seeing good rates on LBC as well. Even BTCXIndia's spreads are good , and sometimes better than ours. Also, Is Unocoin allowing micro trades , like are users allowed to buy or sell for like 100 bucks and stuff or is there a minimum limit like what BTCXIndia has , which is 0.1 btc min order. Yup , India's volumes are just a fraction of any global exchange currently. Its just a shame , as we have amazing population. I hope we make the situation in India soon like it is in China. We all must work on getting some kind of regulations, so people who are scared to get into Bitcoin, can finally start using it. Mohit Kalra Coinsecure.in |
|
|
|
|
3
|
Bitcoin / Bitcoin Discussion / Re: Why is India lagging behind ?
|
on: November 30, 2015, 07:24:32 AM
|
I agree , India is deciding its own rates currently and not depending on International rates, But that does not mean the spread between Buy and Sell has to be 10% or more ?
As for us , we make sure the spread is not more than 1% or at the max 2% , In fact , Customers on our exchange don't let that spread be more than 1-2%.
If customers are buying Bitcoin , they should be able to sell too at the market price. The problem here is something else , the reason why people don't want to purchase Bitcoin at market rate is , cause they then don't have a place to sell at the market rate as well.
For ex, If someone purchases coins at market rate , and he makes 2% profit out of the volatility , he cant get that profit out as most of the exchanges or buy/sell platforms are keeping a spread of 10% or more. How is that person supposed to make profit if he can't sell at the market price ?
What's happening here with most buy/sell platforms is, When prices go too down , they are not willing to sell coins at lower price , as they have purchased it at a higher price , so prices don't go down with these buy/sell platforms and people are not able to take advantage of lower prices as they are not able to get coins at that price. Similarly, when prices go too high , these buy/sell platforms are giving too bad sell rates as they don't want to buy coins at higher price.
This is why , I think customer created market is very important. Customers should decide the buy and sell prices. Its very basic math , if you are not trading with a broker/trader in between who is keeping their own margins too , Buyers and sellers will both get great prices as the middle man spread is no more there , hence making the spread limited to 1-2%.
As for LBC , people take advantage of new Bitcoin users joining in by giving them bad rates , as most of these newbies are not aware of other available exchanges in India who are giving market Buy & Sell rates.
Mohit Kalra
Coinsecure.in
You need to compare apples to apples and what you did is not the right comparision according to me. Now you have some volumes. It was not that 1-2% spread just 3 months ago. I am not sure what exactly you mean when you say you are making sure - i thought it was always your customers who create it. This is the screenshot i have from your website that is from 26th august where the spread was 15% in spite you were an exchange and not a trading platform. I ofcourse know that at that point of time there were not enough buyers on your platform to bring the spread closer. Now when your volume increases, you will usually do not see such issues especially when your trade book is transparent. But for a trading platform, it always continues to exist in spite it is getting crazy volumes (just on one side). You cannot compare your prices and spreads to unocoin or zebpay prices and spreads. You do not take risks of taking positions nor running out of liquidity but we do. when we take positions and prices runs low - we lose money but in contrary if the price goes up, then there are not enough buyers. on the other hand when liquidity issue happens, we sometimes solicit an external buyer or seller to whom we have to offer at discount so that we square-off. If you wonder why the last traded price on your platform is significantly lower than international price, i would claim that it is because of trading platforms which are selling bitcoin for cheap as of now. Anyway, good to see that you guys are having some volumes now a days and are joining hands in price discovery in India. For unbiased price discovery to happen, we still need a lot of volume on every trading platform and exchanges, and I am looking forward to those days I was not hitting you or any other Buy/sell platforms directly, I was just explaining the reason of the spread, but now that you have mentioned all of this, Let me put some clarity on. I very clearly said , '' In fact our customers make sure the spread is not more than 1-2% ''. I think you should realise , that coinsecure went live on the 1st of Jan this year itself, so Ya, i agree, our volumes , rates and spreads were too bad in August as it had just been a few months for us, But I think Unocoin has been in the market for past 3 years ? And I don't understand , If we do not take risk of keeping the liquidity ourselves, Is something wrong with that ? I think too, there is a huge difference between traders and exchange runners. We simply survive on our brokerage fees and nothing else . Can you explain me a bit , why is it that Unocoin has 1% fee , even after having margins on the rate itself ? Like you mentioned, you take the risk of providing the liquidity, why would you need another 1% on top of your margins ? Will it matter , if you keep higher margins than 1% on your liquidity and give 0% fee ? Definitely agree these overall volumes in India are not impressing me at all , and we all must get huge volumes all together Mohit Kalra Coinsecure.in |
|
|
|
|
4
|
Bitcoin / Bitcoin Discussion / Re: Why is India lagging behind ?
|
on: November 29, 2015, 09:01:44 PM
|
|
I agree , India is deciding its own rates currently and not depending on International rates, But that does not mean the spread between Buy and Sell has to be 10% or more ?
As for us , we make sure the spread is not more than 1% or at the max 2% , In fact , Customers on our exchange don't let that spread be more than 1-2%.
If customers are buying Bitcoin , they should be able to sell too at the market price. The problem here is something else , the reason why people don't want to purchase Bitcoin at market rate is , cause they then don't have a place to sell at the market rate as well.
For ex, If someone purchases coins at market rate , and he makes 2% profit out of the volatility , he cant get that profit out as most of the exchanges or buy/sell platforms are keeping a spread of 10% or more. How is that person supposed to make profit if he can't sell at the market price ?
What's happening here with most buy/sell platforms is, When prices go too down , they are not willing to sell coins at lower price , as they have purchased it at a higher price , so prices don't go down with these buy/sell platforms and people are not able to take advantage of lower prices as they are not able to get coins at that price. Similarly, when prices go too high , these buy/sell platforms are giving too bad sell rates as they don't want to buy coins at higher price.
This is why , I think customer created market is very important. Customers should decide the buy and sell prices. Its very basic math , if you are not trading with a broker/trader in between who is keeping their own margins too , Buyers and sellers will both get great prices as the middle man spread is no more there , hence making the spread limited to 1-2%.
As for LBC , people take advantage of new Bitcoin users joining in by giving them bad rates , as most of these newbies are not aware of other available exchanges in India who are giving market Buy & Sell rates.
Mohit Kalra
Coinsecure.in
|
|
|
|
|
5
|
Local / India / Re: Release of Payments on Weekends
|
on: November 20, 2015, 07:05:07 PM
|
Why are people not aware about LocalBitcoins. ?They have services through the night/day and over the weekends.Infact I don't trust any of these newly developed buy/sell trading sites in India as majority of them take hours to process the requests.LocalBitcoins also has an option for onsite buying and selling of bitcoins.I have discovered a number of shops/traders accepting bitcoins in Mumbai through Localbitcoins.
Maybe you've not faced any scammers yet on Local Bitcoins. You have no clue what issues I have heard from people trading on LBC. You will not even get to know and your Bank account will be frozen. Its a tricky business , where no one is taking authority to verify and responsibility of the buyer and seller. How do you know the person buying Bitcoin from you is not gonna make his friend send you money for something else he has sold him ? At Coinsecure, We have automated Bitcoin deposits and withdrawals, so our customers never have to wait for their Bitcoin after withdrawal. What makes you say you can get instant fiat withdrawal from LBC , I don't think there is such a thing as fiat withdrawal in LBC India. All fiat withdrawals are done manually by the buyer. He can delay your payments too or if prices go low , he might not even send fiat to you and just cancel the trade. At least on exchanges, if you have sold coins , its sold , there is no turn around. A very basic scenario , for example - A person purchased a TV from someone, that person asked the buyer to deposit money to his bank account for the TV. Instead of giving his bank details , he can give your bank details. So the person buying TV will deposit INR to your bank account, thinking he'll get the TV. Now, the person selling TV , is gonna call you and ask you weather you have received INR for the Bitcoin he wants to buy from you , You will confirm him , as you can see fiat in your Bank. You will obviously send him Bitcoin. Now that person will never send TV to the guy who has sent you money. That guy is now gonna go to Cops, and file an FIR against you, as he sent money to your Bank account. Your account will get frozen , and it might take months to get it fixed. LBC takes no authority or responsibility in such cases. All current Exchanges or Buy and Sell platforms in India, such as Coinsecure, Unocoin, ZebPay & BTCXIndia are taking KYC from customers and taking responsibilities too , that you will receive your fiat or coins for sure. Now you may decide what is better for long run. I am pretty sure regulators in India in future are gonna have problems with something like LBC. Mohit Kalra Coinsecure.in |
|
|
|
|
6
|
Local / India / Re: Release of Payments on Weekends
|
on: November 20, 2015, 06:49:29 PM
|
Adding more banks and maintaining them is not at all a problem for us. All banks provides net banking and stuff which enables us to transfer funds to our another bank within minutes. Though, 90% of the funds our customers deposits , is in AXIS bank, Not sure why our customers are not using ICICI for deposits.
I think it has something to do with the account number actually being a name. i honestly found it quite funny. And the other part being, i think the other time i tried doing an IMPS to icici, it got rejected. So never bothered with it and always transfer into axis. We fixed that problem last month itself , by adding the account number too with the ICICI banks details. The name thing din't work out like we planned. Its good though if you are doing cash deposits to ICICI, using name there makes it easier for us to track the payment. But, Both works for us. Mohit Kalra Coinsecure.in |
|
|
|
|
8
|
Local / India / Re: Release of Payments on Weekends
|
on: November 19, 2015, 06:05:31 AM
|
A very cool service, if someone is looking at opportunities, would be to process fiat payments for Bitcoin companies in India.
That way, the service levels and last mile fund transfer can be maintained by the processor, while companies can use their services for a fee. Aren't there already services like these for other companies? 1. Initial withdrawal limits given to us by banks are 10 Lacks a day. We have now increased the limits to 35 Lacks a day. We have requested to increase these limits even further. So, this issue has already been resolved. We get daily withdrawal requests of 20 lacks on an average as of now. Thank you for being open. much appreciated. if you all keep adding banks, it will create only hassle for you. as consolidating money across various banks will be so much hassle, you all will end up moving money between your own accounts only. I am sure you all have data as to the banks majority of your customers use. Just pick the top 2-3 only As of the PSS Act by the RBI, They are not supposed to provide payment gateways to companies who are storing customers funds. These gateways must be used for purchasing products and services. None of these gateway providers are giving any company in India their gateway who are storing customers funds. We have found out a way to solve this issue, but we are still working on it. Even after getting the gateway, The major problem is the charges, 3.5% will be charged on each deposits. For e-commerce, they bear these charges from their own pockets as they already have margins in the product they are selling. For us , bearing 3.5% on each deposit does not make sense, so either user pays 3.5% or they use normal channels to deposit fiat. Adding more banks and maintaining them is not at all a problem for us. All banks provides net banking and stuff which enables us to transfer funds to our another bank within minutes. Though, 90% of the funds our customers deposits , is in AXIS bank, Not sure why our customers are not using ICICI for deposits. Mohit Kalra Coinsecure.in |
|
|
|
|
9
|
Local / India / Re: Release of Payments on Weekends
|
on: November 18, 2015, 01:37:13 PM
|
I agree all our customers are not happy with us not making withdrawals on the weekend. As our volumes have increased, We face the following issues which we will be resolving all by this month end itself :- 1. Initial withdrawal limits given to us by banks are 10 Lacks a day. We have now increased the limits to 35 Lacks a day. We have requested to increase these limits even further. So, this issue has already been resolved. We get daily withdrawal requests of 20 lacks on an average as of now. 2. As of now , we were processing all withdrawals same day if they were raised before 4:00 PM IST, and any withdrawal after 4:00 was getting processed the next day. We are changing this policy by this coming Monday. From Monday, All withdrawals processed before 8:00 PM IST, will be processed the same day. Any withdrawals after 8:00 PM , will be processed the following working day. We will be following this schedule for Saturdays too from next weekend. Any withdrawals done on Sundays , will be processed the following day. 3. As for Banks, We already have ICICI and AXIS bank. We are testing HDFC, KOTAK & YES Bank. These Bank accounts are already opened , and we will be providing these for our customers form the 1st of December on our platform. 4. Everyone must understand there is a priority system we follow for Deposits and Withdrawals. We process withdrawals in order we have received requests. Its as simple as first come first serve. Whosoever processes withdrawals first, gets first whatsoever the amount may be. 5. Kindly, let us know if any other Banks are required, we will get them processed as soon as possible. 6. We will be launching something really cool in December, keep your eyes on our mailers for updates  Mohit Kalra Coinsecure.in |
|
|
|
|
10
|
Local / India / Re: Questions for CoinSecure team
|
on: May 29, 2015, 09:54:12 AM
|
|
Hey Trestor,
Instead of posting drive images and stuff , why don’t you just post my instagram profile link. Let me save you some time, instagram.com/mohitemkay .
My profile is anyways public and i don’t understand how does it make me irresponsible , i think you guys are new to the community and does not understand how things work. I don’t even understand what you guys are doing here, You should be on the alt coin thread .
All the bitcoin players in India are well connected to me and they know it very well how professional and dedicated i am to my baby , i.e- coinsecure.
It's best to serve the community not community leaders ?
What do you think coinsecure has been doing for so long , if not helping the community. We provide a superb trading platform with lowest trading fee in the industry in India right now , i.e- 0.3% fee . There is no fiat deposit or withdrawal fees whatsoever. We have released the Rest API for the community to build products on top of it with ease. We have automated Bitcoin deposits and withdrawals so our clients does not have to wait for us to manually confirm it.
We are an ISO 9001:2008 incorporated company. We go through audits by Jaz Anz and we do this just for the community to trust in us.
I still don’t understand your point in posting my personal profile here as if its some secret i have been hiding. All my social profiles are public and not hidden.
I support what i do freely , In case you have missed my Facebook profile, you should see how heavily i promote my baby over there.
Coinsecure has been doing business with many international partners who are fully aware of my personal interests and hobbies. I even used to produce music , in case you have missed that. I am surprised why its only you who has nothing to with me or coinsecure whatsoever is posting all this.
I think the whole community whether local or international supports our efforts and what we do for our clients.
Again , you should be on the alt coin section and not here.
''we encourage others to bring out in the open any material information against Trestor’’ - HEALTHY BUSINESSES DON'T DO THAT.
-
Mohit Kalra
|
|
|
|
|
11
|
Local / India / Re: Questions for CoinSecure team
|
on: May 29, 2015, 08:18:33 AM
|
|
This is the only reason i never come on to the forums. People like you who work in such advanced technology have a problem with what i do with my personal life. My instagram page has pictures taken during my trips to Amsterdam and the states , where its legal for any tourist to smoke cannabis.
I personally have been working for legalisation of cannabis for a very long time now , even before Coinsecure was formed. I don’t understand what does it have to do with me being the CEO of Coinsecure.
The world renowned actor Nasruhdeen Shah has filled a petition in supreme court for legalisation of cannabis in India , Does that mean his movies should be affected by this ? FYI , i have also signed that same petition and a lot more big names in India have too.
Just because the community have found a lot of flaws in your company , does not mean you can start digging on to my personal life. This is not how healthy business is done.
I work with latest technologies and betterment of the society without worrying about the negative publicity i get , thanks for that.
-
Mohit Kalra
|
|
|
|
|
12
|
Local / Marketplace (India) / [WTS] Selling Approx. 30TH (30,000 GH) KnC Miner Neptune
|
on: February 28, 2015, 10:57:13 AM
|
Selling Approx. 30 TH (30,000 GH) Of Bitcoin Miner From KnC Miner NEPTUNEKnC Miner Neptune :-
1. Minimum 3.5TH each 2. Modular Cubes ( 5 Cubes each Neptune ) 3. 20NM ASIC 4. 2000 Watts per 3.5 TH Neptune (which equals approx. 0.57 watts per GH/s.) 5. Air Cooled Cubes 6. Low Heat and Noise Levels 7. Requires 3 x 850 Watts PSU or 2 x 1200 Watts PSU Setup Info : https://www.kncminer.com/pages/neptune-setup-infoAVAILABLE PIECES :- 8 x 3.5TH KnC Miner Neptune ( 4 of them are unused )
INCLUDED ITEMS PER NEPTUNE :-
1. Controller Board To Run the miner with IP Based control ( With LCD Display ) ( Beagle Bone Powered ) 2. ' Y ' PCI-e cable connector or 16 AWG custom heavy PCIe cable ( Pick Any ) REQUIRED ITEMS (NOT INCLUDED) :-
1. Either 3 x 850W PSU or 2 x 1200W PSU ( Preferably 80Plus GOLD PSU's ) BILLING AND SHIPPING :-
1. Miners Only available for delivery in India 2. Don't ask me to ship them abroad 3. Better if miner gets picked in person 4. Shipping charges will depend on where you want it to be delivered in India ( Each Neptune 15 KG with Box ) 5. Local Domestic Delivery within Delhi and NCR will be cheaper MODE OF PAYMENT :-
1. Direct Bitcoin Transfer ( Rate as of preev.com ) 2. Bitcoin Escrow ( Only Through escrow.ms or Benson Samuel ) 3. Cash On Delivery / Cash In Person ( Only in Delhi/NCR or Bangalore ) 4. Skrill Money / PayPal 5. Wire Transfer ( AXIS , ICICI Bank or Kotak Mahindra ) PRICE PER NEPTUNE :-
1. Each 3.5 TH Neptune for - 1500$ / 92,500 INR ( Only Till 5th of March , 2015 ) 2. Price only negotiable if minimum 4 x 3.5TH miners purchased 3. Can also arrange Corsair 80Plus GOLD PSU at extra cost CONTACT DETAILS :-
1. Through PM on emkay472. Mail me mohit@coinsecure.in3. Call me +91-9810071187 IMAGES :-
1. 4 Unused , Brand New KnC Miner Neptune ( Each Box 3.5TH )
  2. 4 Already running KnC Miner Neptune running in the data center
  FULL SETUP DISCOUNT DEAL ( VALID TILL - 5th March , 2015 ) :-
ONLY IF PAID IN BITCOIN
5% Off , of total setup , i.e:- 8 x 3.5TH KnC Miner Neptune , total of approx. 30TH (30,000GH)
Listed Price Of Total Setup : 12,000 $ / 7,40,000 INR
Discounted (5%) Price Of Total Setup : 11,400 $ / 7,03,000 INR (ONLY PAID IN BITCOIN)
|
|
|
|
|
14
|
Local / India / Re: 500$ touched
|
on: June 05, 2014, 01:16:24 PM
|
Imagine Dish introducing a new coin , for buying their subscriptions and on demand movies . They install an asic into their receivers which mines only their coins . More the user watches Dish , more coins they'll mine to pay for on demand movies or to pay their subscriptions .
Lol.. that would an awesome move for DISH. BFL's Josh was planning on installing Asics in room heaters, thisaway, you get to mine as well as use the heat generated by Asics. Ya , any ways a heater consumes lot of power . But i think Josh needs to think about getting their miners out first ...lol..:p |
|
|
|
|
15
|
Local / India / Re: 500$ touched
|
on: June 05, 2014, 08:08:17 AM
|
|
Imagine Dish introducing a new coin , for buying their subscriptions and on demand movies . They install an asic into their receivers which mines only their coins . More the user watches Dish , more coins they'll mine to pay for on demand movies or to pay their subscriptions .
|
|
|
|
|
16
|
Economy / Computer hardware / Selling 5 x VMC Prospector Boards (500GH/s) Including Cooling & Power
|
on: May 31, 2014, 11:01:09 PM
|
Hey Guys , I am selling 5 x Prospector boards including H80i Water Cooling and Corsair RM650 . All 5 of them have been running perfectly between 400-500GH/s . I am located in India and can ship worldwide . If ill send the H80i's and RM650's with their boxes , the shipping charges might get high . So , i am willing to send either way , with boxes or without . I am open to sell just the Prospector boards also , without the cooling and power . I can escrow too . Price :- 5 x Prospector Boards + 5 x H80i's + 5 x RM650 = 8.5 BTC 5 x Prospector Boards = 5.5 BTC . Shipping Charges = PM me with location and option , Ill get back with shipping charges . Cheers . Images :- http://imgur.com/qGYFeqNhttp://imgur.com/nlChbIohttp://imgur.com/bgq2X51 ( 5 x Prospector running on the left Rack ) |
|
|
|
|
17
|
Bitcoin / Hardware / Re: VMC Fast-Hash One Prospector 512GH/s 0.7w/GH - Setup Guide [Self Moderated]
|
on: May 31, 2014, 09:30:50 PM
|
|
Hey Guys ,
I am selling 5 x Prospector boards including H80i Water Cooling and Corsair RM650 .
All 5 of them have been running perfectly between 400-500GH/s .
I am located in India and can ship worldwide .
If ill send the H80i's and RM650's with their boxes , the shipping charges might get high . So , i am willing to send either way , with boxes or without .
I am open to sell just the Prospector boards also , without the cooling and power .
I can escrow too .
Price :-
5 x Prospector Boards + 5 x H80i's + 5 x RM650 = 8.5 BTC
5 x Prospector Boards = 5.5 BTC .
Shipping Charges = PM me with location and option , Ill get back with shipping charges .
Cheers .
|
|
|
|
|
18
|
Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated]
|
on: May 31, 2014, 09:29:09 PM
|
|
Hey Guys ,
I am selling 5 x Prospector boards including H80i Water Cooling and Corsair RM650 .
All 5 of them have been running perfectly between 400-500GH/s .
I am located in India and can ship worldwide .
If ill send the H80i's and RM650's with their boxes , the shipping charges might get high . So , i am willing to send either way , with boxes or without .
I am open to sell just the Prospector boards also , without the cooling and power .
I can escrow too .
Price :-
5 x Prospector Boards + 5 x H80i's + 5 x RM650 = 8.5 BTC
5 x Prospector Boards = 5.5 BTC .
Shipping Charges = PM me with location and option , Ill get back with shipping charges .
Cheers .
|
|
|
|
|
19
|
Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s
|
on: May 30, 2014, 12:01:28 AM
|
|
Can I somehow sell my Prospero X-3 order ?
I have 2 x X-3 ordered on a single invoice paid through bank wire . I want to sell one of them .
Is it possible to transfer my order ?
I am willing to sell one X-3 for BTC . I can escrow too if required .
If its possible and anyone is interested just PM me .
My order number is #36** .
I will also transfer one of my extra PSU's for free , for the compensated X-3 unit .
|
|
|
|
|
20
|
Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s
|
on: May 20, 2014, 11:49:10 PM
|
At this rate they're working 'round the clock to make absolutely certain that the KNC Neptune ships first!
Obviously BA will be shipping out before Neptune . We haven't even seen the 20NM's from KnC yet . They told us i guess a month back that they will be receiving their chips that week . They still have not received them . We have not seen the case or the PCB or anything of Neptune yet . I think BA and KnC both should get their shit together ASAP . KnC have already lost a lot of their Neptune customers , i guess 80% of them have refunded their orders or either converted them to Super Joops or Titans . I think the remaining rest will also be refunding their orders if we don't see a good update soon . |
|
|
|
|
