Is CPU mining on i7 any useful?
Also looking to buy 10 litecoins.. Any takers?
CPU mining is not useful. buysellbitco.in selling litecoins. We will start it from Monday most probably. We are having few technical issues at the moment. We do accept litecoin sell orders though. Get paid in your bank account within 2 hours  Regards |
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With all respect, You are off by miles Regards |
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In my view 2000$ a coin will take some time.
The value of bitcoin needs to be stabilized so that it can be used as currency.
1000$ mark is both for profit & stability.
Cant agree more. Regards |
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Slightly higher prices - Infact I think they are overcharging for the bitcoins at the moment. Their buy prices are more then then the Mtgox exchange prices too.  . And when you see their sell prices its around 3k less then MtGox . Busellbitco.in derive their prices from averages of various exchanges and as we know apart from MtGox rest exchanges are on lower side so automatically their prices should certainly be lesser on site but its higher then Mtgox (buy side) and much lesser on sell side(Mtgox). Another thing is that, over and above their price they do take 3% commission +96 as their transaction fees making more costlier to purchase and less attractive to sell. Hi We have very complex algorithm to decide on our prices. Normally people see only last trade price on exchange and thinks that it is bitcoin price they can get, but the perception is very wrong as last trade can be of only 0.01 BTC and what you want to sell is say 10 BTC. You can not directly use Exchange last or buy rate, you must use Exchange buy side orderbook to accumulate the quantity you want to sell and see how much it gets you, which is always going to be higher than the last trade price. You will also have to add exchange fees, fees and charges required to move money in and out of exchanges, currency conversion charges in bank. On top of it we offer locked in exchange rates in such volatile market where once you book order with us and send money in within locked in period we honor booked rate only. If you will see carefully the price difference between exchanges is very huge in volatile period, over 70 to 100 dollars a time which goes to around 4k to 6.5k INR which also makes our task a bit tough As far as fees concerns we offer loyalty discount so after certain volumes your effective fees reduced to 1.5% only. We also add in various other factors which allows us to manage our risk profile when Bitcoin trading is volatile. We can assure you that if you will take final counting with selling or buying coin rates, our rates would be one of the best available in the market. Regards Only if your site WORKED! Always out of stock, or try again when the prices are low. Yes, we agree we do have stock issues at the moment. As soon as we restock it, we go out of stock almost immediately. We are working hard to resolve this. Regards This is what I am hearing from past two weeks, really! Not to be rude, but can you please lower your fees, because looks like you guys are charging way more than expected! You guys also show low price at night, but you wouldn't let us buy. What kind of trap is this? Also, right now, the price comes down to 56000 for one btc, and on BTC-e china it's 725 dollars (which is equal to 45k). Take GOX price and you are still overcharging your customer. Other sites like INRBTC are charging 49000 at the moment! I have been waiting for, like, ever since to get my hands on a few BTCs but looks like no one is ready to sell when the market value is down. I definitely understand you folks are here to make profit, but I'd absolutely love to see an Indian site offering "affordable" prices with btcs always in stock. The market is wide open to capture, and I hope you folks will come out with something interesting very soon. Well, We sincerely apologize for stock issues, but it is fact that we go out of stock as soon as we restock it. We are working very hard to resolve this. We are launching few programs to generate steady liquidity on the site. The prices in night may go low or high depending on how Bitcoin market goes up an down. Normally as it is seen that as USA wakes up noticeable activity starts on exchanges and it can find a trend, up or down. We do not allow trading in night as we can not complete orders and can not control our liquidity in the night. We are not an exchange where you trade with third party on platform. Also as our website is for Indian users only there is no point for us to allow trading in night. There are few things related to security which I will not go in detail. On sites like INRBTC people set the prices what they are comfortable at. INRBTC is kind of exchange platform, and have different business model. We can not compare both this model. We want to assure you that we are working very hard to resolve liquidity issues. But our first priority is if we accept order we want to complete it as exactly what we have promised. We also want to make sure we grow organically as exponential growth is normally not good for any business. If we can not entertain order in satisfactory manner, we are fine to apologize for not accepting order. buy operating BuySellBitco.in is a lot tougher and much riskier...Let us appreciate the fact.
I know a lot of people on this forum appreciate what buysellbitco.in does but a few quotes should not tarnish that reputation especially when those quotes are based on wrong facts.
INRBTC, thanks for kind words. Only if your site WORKED! Always out of stock, or try again when the prices are low.
I have the same experience. This forces buyers to make purchases during a market high and not be in a position to take advantage of dips. That is neither a healthy nor ideal situation for business. I will hazard a guess and say that if you solve this problem you will increase your business manifolds. I am only speculating here but it seems like when the prices drops the sellers naturally don't want to sell because the market tends to climb back up. Even if it drops below $600 it seems to go back up so why would anyone want to sell when it drops? If that is the problem then its not a very good business model and not fair to the buyers. I totally understand and agree with the risks undertaken because buysellbitco.in is freezing the price for 4 hours - which in the BTC universe is a potentially big risk. Therefore the current rate and commission is something we have to live with until there is a much higher liquidity and adoption within the community. Something has to change though. Maybe for a certain order size (above 0.5 or 1 BTC) even if the website is out of stock, it should be able to make a purchase from an exchange immediately after payment confirmation reaches its bank. That could be automated with the exposure of API by various exchanges. If that is too risky, maybe it can be done in a semi-automation or total manual mode. Its better than putting up an out of stock notice and drive the business elsewhere. Well, we are working on an idea where you will be able to place order for 3000 INR, one time in a day, so you can get your hands on your first Bitcoins. This may take some time to get in, but its already in works. Regards |
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Changed topic to 1L a coin.
Satoshis are getting quite valuable in India.
It looks like very soon you will need to write a script to auto update title of this thread  Regards |
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Guys please beware of scammers that are after your money. Bitcoin has a lot of luster that sometimes blinds you. People will play on a persons greed and then start scamming you.
Rules to follow:-
-If it sounds to good to be true, then its most probably a scam/ ponzi scheme.
-Never trust some one just because you had a few trades gone smoothly before, they will usually try to gain your trust and then hit you when you least expect it.
-Make sure all your trades are done in public as records can be verified.
-Separate your trading email from your personal emails.
-Dont click on any links sent to you on a trading email.
-Be very aware when dealing with people over the phone, there have been attempts to get personal details through social engineering.
-And always use an Escrow. Benson has been doing a great job with that so use him for your escrow.
DON'T INVEST MORE MONEY THAN YOU CAN AFFORD TO LOOSE.
I got a real strange call yesterday for bitcoin investment sounded shady.
+100 for escrow. As Bitcoin is gaining popularity and gain value, scammers has all the reasons to invest their time here than doing those Credit Card Hotel trip frauds and donation frauds. Regards |
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Hi, I need to buy BTC or LTC and I can pay via Bank Transfer or Paypal.
You can always buy on http://buysellbitco.inNote : We do have stock right now Regards |
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https://bitcointalk.org/index.php?action=profile;u=67058TradeFortress
Inputs.io
VIP
Hero Member
*
Activity: 434
Posts: 6795
coinlenders.com
View Profile WWW Email Personal Message (Offline)
Trust: -259: -13 / +34(34)
Warning: Trade with extreme caution! Last Active: November 21, 2013, 05:26:59 PM After reading about half of TradeFortess' posts, for the life of me I can't figure out how this guy was even considered, let alone added to your trust list. To be clear, theymos, I have no qualms with you. I'm just adding my voice to those currently out mega bucks seeking answers. FYI, the next scammer tag thread I start here will be on InstaWallet if my 1,123+ BTC isn't returned soon. To date, I've yet to receive a single correspondence pertaining to my claims dating all the way back to mid-April of this year when their claims process first opened. It's relevant because Davout is a mod on this forum and his IW claim was paid out prior to most. Bruno Kucinskas Well, that's lot of money mate. Wish all goes well and you get that. Regards |
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Slightly higher prices - Infact I think they are overcharging for the bitcoins at the moment. Their buy prices are more then then the Mtgox exchange prices too. . And when you see their sell prices its around 3k less then MtGox . Busellbitco.in derive their prices from averages of various exchanges and as we know apart from MtGox rest exchanges are on lower side so automatically their prices should certainly be lesser on site but its higher then Mtgox (buy side) and much lesser on sell side(Mtgox). Another thing is that, over and above their price they do take 3% commission +96 as their transaction fees making more costlier to purchase and less attractive to sell. Hi We have very complex algorithm to decide on our prices. Normally people see only last trade price on exchange and thinks that it is bitcoin price they can get, but the perception is very wrong as last trade can be of only 0.01 BTC and what you want to sell is say 10 BTC. You can not directly use Exchange last or buy rate, you must use Exchange buy side orderbook to accumulate the quantity you want to sell and see how much it gets you, which is always going to be higher than the last trade price. You will also have to add exchange fees, fees and charges required to move money in and out of exchanges, currency conversion charges in bank. On top of it we offer locked in exchange rates in such volatile market where once you book order with us and send money in within locked in period we honor booked rate only. If you will see carefully the price difference between exchanges is very huge in volatile period, over 70 to 100 dollars a time which goes to around 4k to 6.5k INR which also makes our task a bit tough As far as fees concerns we offer loyalty discount so after certain volumes your effective fees reduced to 1.5% only. We also add in various other factors which allows us to manage our risk profile when Bitcoin trading is volatile. We can assure you that if you will take final counting with selling or buying coin rates, our rates would be one of the best available in the market. Regards Only if your site WORKED! Always out of stock, or try again when the prices are low. Yes, we agree we do have stock issues at the moment. As soon as we restock it, we go out of stock almost immediately. We are working hard to resolve this. Regards |
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Slightly higher prices - Infact I think they are overcharging for the bitcoins at the moment. Their buy prices are more then then the Mtgox exchange prices too. . And when you see their sell prices its around 3k less then MtGox . Busellbitco.in derive their prices from averages of various exchanges and as we know apart from MtGox rest exchanges are on lower side so automatically their prices should certainly be lesser on site but its higher then Mtgox (buy side) and much lesser on sell side(Mtgox). Another thing is that, over and above their price they do take 3% commission +96 as their transaction fees making more costlier to purchase and less attractive to sell. Hi We have very complex algorithm to decide on our prices. Normally people see only last trade price on exchange and thinks that it is bitcoin price they can get, but the perception is very wrong as last trade can be of only 0.01 BTC and what you want to sell is say 10 BTC. You can not directly use Exchange last or buy rate, you must use Exchange buy side orderbook to accumulate the quantity you want to sell and see how much it gets you, which is always going to be higher than the last trade price. You will also have to add exchange fees, fees and charges required to move money in and out of exchanges, currency conversion charges in bank. On top of it we offer locked in exchange rates in such volatile market where once you book order with us and send money in within locked in period we honor booked rate only. If you will see carefully the price difference between exchanges is very huge in volatile period, over 70 to 100 dollars a time which goes to around 4k to 6.5k INR which also makes our task a bit tough As far as fees concerns we offer loyalty discount so after certain volumes your effective fees reduced to 1.5% only. We also add in various other factors which allows us to manage our risk profile when Bitcoin trading is volatile. We can assure you that if you will take final counting with selling or buying coin rates, our rates would be one of the best available in the market. Regards |
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Hey everybody, new here but known to bitcoins for more than a year now... been studying and trying to verify....
have seen them grow from nothing ... but still been wondering why it India is not catching bitcoin fever?
Welcome mate Regards |
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just noticed! did he manage to spoof email id from localbitcoins.com domain? didnt gmail raise flags?
That's easy bro.. and in this case they used http://emkei.cz/ mailer. I am going to reverse their rat in free time and will post more details here. Ps: I told him that i clicked on it and nothing happened, and then i kept disconnecting his call in between of that convo. He is going to guide me "How to run that file" in half hour because he is busy with his localbitcoins work now. lol... Felt like reading BTC-E troll box |
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Simple advise :
If it sounds quake, if it smells duck, if it looks like duck... well, be careful.
Don't try that.
Regards
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If it's 'Made in China' you know how long it will last..  lol... +1.. Gonna tweet this out.. Well that was gem |
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Offtopic... Phin I will recommend you to watch "Thanks for smoking" Regards |
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This must be case of blockchain.info wallet. Blockchain.info allows you to add watchonly address and it shows balance from that address in total balance. But when you try to spend it, it asks for private key. This flow is use by scammers to scam new users where hey sell blockchain.info wallet to users You can read one case here : https://bitcointalk.org/index.php?topic=237439.0One of our customers got this issue and got scammed. Regards |
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I simply now believe this is 100% manipulation and some one from BTCchina trading on Gox and Bitstamp is going to make huge sum... Huge sum  People of Gotham, Be careful today Regards |
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Wild swing in prices is first indication, No real growth and only speculative adoption second indicator, Everyone is just holding off and people start charging 50% premium over prices third indicator...
Reagrds
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We are seriously overbought at the moment and correction must be there. this rate of growth is unsustainable by any means. I really doubt it can even cross 40k, BUT we all know about predictions ( I predicted crash even at 365 levels, lol ) and Bitcoin behaves a bit weird when we talk about systems and traditions. One thing is sure everyone feels like there is train going to hogwards and they are going to miss it. All I know is there is no train Regards |
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We have used bitco's T&C as the basis for the legal work done for our site.It was quite hard to explain to the lawyer what we are actually planing to do so bitco and rbitco were used as reference. The lawyer told me that bitco's t & c was good enuf and he asked me to make a couple of changes to it & copy the rest as it was. I am not really embarrased by the goof up coz bitco has been a pioneer in the field and any new business can take a leaf out of his book. @ Nefron thanks for ur support Nothing wrong with that. It happens, not a big deal till you get launched officially. Just remove reference and you are good. Please note that once you are launched officially and you make users accept your terms and conditions, each word of that document is legal binding contract so be careful with that once you launch. Anyways again best of luck for your adventure @dishwara, really impressed that you read the terms of use of the site you are using it. Normally people simply click, I accept Regards |
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