PM sent!

Yup, it came through about 5 min after i posted here. Thanks.

Hey, how long do your btc withdrawls take. I thought they were instant, but nothing seems to have moved for 2 hours now.

Trade completed successfully. sent the gift card of 2000 rupees last night and he said he would pay today which he did. Thanks

Seems to be as the bank accounts have changed now.

Paytm cash available.

sorry about that, you will get around 374 INR

around 0.02369 BTC

Update: Paytm has a limt of 1000 Inr in a day, and i have already lined up transfers until 3rd July.

Now selling Paytm Cash for bitcoins on Localbitcoins and here as well. competitive rates. Direct transfer to paytm wallet. trade completed in mins. For eg, current price is 16015.

the iphone app keeps crashing. please do something about it

Thanks, but I was being sarcastic at the op for fretting about something that will happen 8 months later.

Wait, there is a hard fork happening. Where?

iphone app is crashing crashing crashing. restrarted the phone as well. shut everything. still crashing.

are there no shipping charges on this?

For coin secure,
 
 I am an end user of your trading platform. I don't understand programming. Saw you have an Api. So how is it going to benefit me?

I will say this again. make or break of an exchange in my opinion is speed of deposit and withdrawal. my last inr deposit of 1000 rupees took 3 days. or maybe it was more. dont remember. i do not like sending a mail or raising a support ticket every time i take an action on the website.

At 2330 at night i can do an imps transfer into btcx, buy the coins and be transferring the coins out by 2345. if you just want to hold my funds then i will go elsewhere. there seems to not be many options now, but speed is still available elsewhere.

This is the issue with igot, unocoin, coinsecure.

Btcxindia had a zero fee month last year. there volumes were the lowest for that month.

I will try deposit again. Lets see how it goes now. I am not saying credit the money immediately. But if you cant even credit the money on a working day at 10 am, then i seriously doubt where your priorities are.

Just received this from BTCXIndia. What the hell is happening.

I want to add my little input to this discussion. This ORGANISATION wants to know where the bitcoins are coming from. Greenpeace is being shut down by the government especially because they were receiving foreign funding. Funding which as per the government is meant to destabilise the coountry.

In the same stance, this probably means the government is really interested about every rupee that is flowing into the country, where it is coming from and what it is being used for. If that is the case, i think the government will end up banning bitcoins as well. It is a highly likely scenario which i have been thinking about since this topic came up. And like it was mentioned in this post before, this is something that cannot be controlled, regulated, etc. It is not possible. In which case, the only way to deal with it is to ban it.

Now the question a lot of people will have is, but it is not banned anywhere else in the world, how will it be banned in India. India will generally follow the precedence, not set it. But in my experience, especially when it comes to national security and protecting the country, India has set the precedence for a lot of things, which other countries realise and acknowledge much later, and implement it later on. So it is quite possible that the precedent gets set here.

This is my worst case scenario opinion.

Best case scenario:
It is given the seal of approval by authorities and rules formed and everyone is happy.

ok, good point.

So what next?