Old time seller.
Looking to sell bitcoins (will be selling upto 20 probably) for bank transfer.
-> I will not go first. Either you go first or Escrow.
-> Only bank transfer.
-> Don't come asking for unrealistic rates.
Kindly post your rates. I am looking for below market rates. Looking to deal with miners who can afford such deals. PM if you are one. I am also looking to buy btc worth 25k inr below market rate. Why would someone buy from you at market rate when there are good option like zebpay,coinsecure available? Because Indian "market rates" are inflated. When I mentioned market rates to the OP I was talking about below Preev rates. Just clarifying if it wasnt. Clear. Nobody here sells at below preev rates. Its generally preev + 5% on average. Also if they have to sell at less instead they will sell to Indian exchanges who offer better rates to them + they are reputed exchanges as well. |
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You are already aware about the buy/sell price that nobody does it at preev price. Still you want at that rate  . Its always generally preev +5% on average if you want to buy/sell. |
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Well this means this coin has very limited scope to grow as it will only be with those who trade on that site. So there would not be much buyer/seller for this coin as its not being trade on any site.
it is traded in other sites also africa partners oc.exchange (new) cryptrox.com (new) our sites dc-ex.com e-currency.trade we cant provide much info. after 6 months you can see difference Well a good transparent coin has the future to grow and not the coin which states that after 6 months you will see the difference. It's actually not getting gulped easily. It seems there is nothing in pipeline to come or further plans does not seem to be very clear. |
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I think OP got confuse that they are charging double fees i.e they deduct the btc as well the Rs and in the end buyer/seller pays double fees. But this is not the case op. Its simple and straightforward.
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Yes. Its is worth if.. for the first time in history we have a currency that is supporting women. I think its is currency of equality because.. girls are happy to have pink wala note.
I never thought people would come up with rubbish claims regarding the color of the currency . It is a complete waste as getting a change for rupees 2000 is a hurdle and it is really hard to get a change unless you purchase something you really do not need in the first place. If the government start implementing things without thinking then expect these kind of problems arising. Color doe snot have to do anything. Pink color is not used here in currency to show any women affection or power. Its just a color which is used for the resemble of the notes like any other denomination have color. |
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Well this means this coin has very limited scope to grow as it will only be with those who trade on that site. So there would not be much buyer/seller for this coin as its not being trade on any site.
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I appreciate your concern. But please note that we are not exchanges. We hold stocks of bitcoins and we take a huge risk of price volatility. The stocks ensure that when you want to buy or sell bitcoins, you don't have to wait for sellers or buyers as on exchanges.
The spread reduces when bitcoin price is stable and goes up when bitcoins prices are volatile. - Sandeep, co-founder.
What risk? All your stocked bitcoin are from your users.You just facilitate storage and trade. You charge high fees for just placing a trade order.Fee should be deducted when order is successfully completed. Well I think you are unaware that say there are 50 users selling total 100 btc at one point. Now there are only 20 buyers who require 20 btc. So zebpay will buy 100 btc which all users have sold it and they will sell 20 btc which users want to buy. Risk is of 80 btc which they have bought it. But yes as price plums as well so they even rise too. SO ideally it will depend how much they hold at the time of increase/decrease. |
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Hello friends.. sadly i found my bunch of 500rs of old currency worth 50,000rs. But i know its too late, 31st december is over. I want to exchange it for new one. I am also ready to give some part of my money to the exchanger. I think our respectable prime minister has also given a date for 31st march 2017.
I am also ready to exchange it for bitcoins.
Please someone help me in this regards
Actually here are only two option of exchange your old currency with new note . First option is to hire a person who remain in the foreign country and then exchange your currency with the name of that people if he is agree . Second option is to contact RBI directly and give the proof that how does you got this 50k INR , If you will get success to do the best honestly then you will be able to exchange your old currency legally . i contacted them. They strictly told that its only for RBI. The first option is good, but unfortunately, i don't know any NRI.  So the very last option which is left with you is to give all your friends and relatives 1 note each as a souvenir of old note which was once used in India. Unfortunately now you do not have any option left.  |
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Unocoin is very much legitimate site and also one of the top 3 exchanges in India. Only thing is that they have the highets fees % being charged when bought or sold from them. On other hand zebpay has 0% fees but they only could be traded on their mobile app.
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That's true. Government will play a vital role to set the ball rolling. Will need to wait to check how they bring in policies for such currency in place. Will they give the nod to go ahead or will they curb it?
The govt can maybe play a role in short term (a decade maybe at max?) but in the long term cryptocurrencies are beyond govt control.. Well anything which govt cannot control or keep a trap of it do you think they would not like to put a ban on it. And once the ban comes in then you trade or buy/sell that is though illegal means. Need to wait and watch out for. |
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It's a whole new world. Public and private chains galore!
That's true. Government will play a vital role to set the ball rolling. Will need to wait to check how they bring in policies for such currency in place. Will they give the nod to go ahead or will they curb it? |
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Kindly check the various thread here in this section. You would come to know that minning is not at all profitable and at the end you will up for a loss to grab. So better than investing in mining buy btc and keep it.
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You are just a newbie and giving a promise of 3% daily. Do you think any one would be believing that any site will pay 3% daily. You would be knowing Gainbitcoin and what has happen to all those invested and other such sites?
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Currently they have the offer of BMS voucher. On purchase of 2000 Rs coin you get 100 Rs voucher and on purchase of 5000 Rs btc you get 200 Rs Book My Show voucher.
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As far as bitcoin is concerned, I have a feeling that demonetization has fuelled the bitcoin price in India.
Has it become safe heaven for hoarding black money?
Well it could be but only thing is that they will have to purchase btc in cash and sell it in cash. Again if they have large qty then selling may be difficult as there should be buyer who has to agree to the rate and qty as well. |
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Yes Angel broking is very much legitimate.
You need to open the trading and Demat a/c with any share broker. It could be Angel Broking, ICICI direct ,Sharekhan, Motilal Oswal etc.
Call them up and ask them your doubts. They will send a representative and you can get clarified all your doubts and start trading once your account is created.
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I would suggest that only invest x amount in btc rest what ever you earn could be used in meeting your daily expenses. As you are aware about how volatile it is so better to be little safe than just keep on investing in btc
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I would suggest that for the long term Gold is the best option and for short term Bitcoin is an ideal option. Just like in Equity you have short term and long term portfolio
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Wow such type of initiative if taken by corporate will help the bitcoin to be spread across masses and its adoption rate will increase much quicker and become available easily to all. Infact they can even tie up with Indian exchanges as well.
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I think all the banks if come under one platform and then use their technology would be the ideal as its will be a standard process for all banks to follow and it will help in money transfer and reducing the work as well.
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