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2801  Local / Marketplace (India) / Re: How to Trade in International Exchange? on: January 06, 2017, 11:08:53 AM

Thanks for your reply.

Buying @ Bitfinex for $920 / BTC is wise choice, b'coz Coinsecure price is $1000+

Is it bad to use international exchange?

How are you planning to do it? How will you buy in USD? Do you have anyone abroad or have bank account of USD currency? It seems easy but it is not and also there are regulatory frames and policies need to comply with. Know for sure you are aware of everything or else consult CA first before you do.
2802  Local / Press & News from India / Re: [2017-01-02] NDTV: Bitcoin Jumps Above $1,000 For First Time In Three Years on: January 06, 2017, 06:19:02 AM
Sudden fall today in the price and went as low as 885$ from 1135$ just in a day  Shocked. Though from some time now price is getting back to 1000$ and trading at present 975$. Not sure what happened for such a sudden fall and if it could see 1000$ again or will slide down from now on.

It is trading above $1000 now. Some kind of pullback was necessary.
The market was definitely getting overheated.  Tongue

Yeah but again it @ 975$ now. Just there is no reason for 50$ movement in an hour it is happening this actually can slide the bitcoin price to below 900$ back and may not touch 1000$ if this continues for sometime now. Or is the fallback on the cards in coming time  Huh
2803  Local / India / Re: Number of BitCoins users in India on: January 06, 2017, 06:16:32 AM
Does any one have an idea how many BitCoin users are there in India ?

I think its important to have basic data so that we can get a clear picture about its adoption and rate of growth.



You will not know exact number of users in India as there is no standard site available where users need to registered if they would like to trade in bitcoin. But yes you can ask exchanges in India about total number of users registered with them. But it will just give you a very fair idea and not even a close numbers to actual users.

Even a rough range will give us lot of information. Like less than 50000 users .. Or between 50000 and 1 Lakh users .. I don't think its more than 1 lakh users.

Zebpay has over 300k users.

Regards



How many of them are from India?

My estimate would be about 400-500k users in India and easily adding up 20-30k new users every month.


How many users does Unocoin have at present and how many new users were added in 2016 alone? Certainly numbers would have increase in last quarter of 2016 and it will rise now as the price has sore to 1000$
2804  Local / Mining (India) / Re: ZEC mining on: January 06, 2017, 06:12:36 AM
Thanks for the explanation. Okay how much 1 btc makes merc at today's rate?
How much time it will it take to mine 1 merc as per your setup?
What is the conversion charge you pay to conver merc to btc?
2805  Local / Marketplace (India) / Re: Anonymous Bitcoin debit card without verification on: January 06, 2017, 06:09:19 AM
Nice and informative post.
But I have 1 question : can we withdraw funds from ATM?
If yes, then what are the charges?

All details Given here on this page
https://www.lavapay.com/en/services/fees.html

and he is talking about  Anonymous Visa Virtuon which we need to pay 4.99%+4.99 USD

Note

Card's Lifetime   60 days
Card's currency   USD, RUB


So many hidden charges

This card does not hold any value in India if I understand as currency you can withdraw is not INR. Let me correct if I ma mistaken and it is useful in India as well. Also 5% + 5 USD if combined becomes so much that it would not be ideal to use such cards.
2806  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Gainbitcoin: Invest 1 Bitcoin and get 10% Return for 18 Months on: January 06, 2017, 06:06:22 AM
OP didn't even bother to reply again.

anyways you will only loose money by investing in gainbitcoin

That is right just OP asked the query and never returned back or asked any doubts after that . Certainly even I had posted couple of question related to mining which is also left unanswered. Probably he would have understood that its a illusion to get the returns so much and would have given up.
2807  Local / Marketplace (India) / Re: Buy/Sell bitcoin Fast with Unichange.me (WesternUnion, PerfectMoney, PayPal) on: January 05, 2017, 06:30:39 PM
How was 2016 year being for the exchange. How many total users you have now and what was the volume in 2016 for the exchange? How many new users added and what are the plans for 2017? Are you also looking to go global and start accepting few different country currency as the payment mode?
2808  Local / Press & News from India / Re: [2017-01-02] NDTV: Bitcoin Jumps Above $1,000 For First Time In Three Years on: January 05, 2017, 06:17:04 PM
Sudden fall today in the price and went as low as 885$ from 1135$ just in a day  Shocked. Though from some time now price is getting back to 1000$ and trading at present 975$. Not sure what happened for such a sudden fall and if it could see 1000$ again or will slide down from now on.
2809  Local / Mining (India) / Re: ZEC mining on: January 05, 2017, 05:55:49 PM
Unheard about this altcoin. What is the reason you picked up out of 1000's of altcoin only ZCASH. What was the research that you finalized on this coin. Actually its very difficult to even understand out of so many coins that which are good. Do you know their 1-2 year plan what its in pipeline. Never mine any coin just because it can be easily mined.
2810  Local / Marketplace (India) / Re: How to Trade in International Exchange? on: January 05, 2017, 05:48:14 PM
For 1 to 3% there will no point to trade in international market because withdrawing itself involves 3% or so as a transaction fees. And also there are FEMA rules applies and unless you are an NRI then only you should be trading at International market.
2811  Local / India / Re: Bitcoin hits $17bn market cap on: January 05, 2017, 06:10:32 AM
well that's pretty impressive but why are you mentioning Indians and why you want to know the share of Indians? Maybe because they are taking too much interest in Bitcoins well if so then they may have a great share in the market. We can only know if the exchanges tell us how much bitcoins they are holding or we hear anything from them otherwise we cannot say anything. But right now i guess people from all the world are taking interest in Bitcoins.

It could be because we are from India, and Indian economy is growing at the good pace compared to other countries in economy and when compared to bitcoin we are far behind then other countries. With majority of population being young ideally we should be leading in bitcoin technology but this is not the case yet. Let us see how far and how much we can go ahead.
2812  Local / Press & News from India / Re: [2017-01-02] NDTV: Bitcoin Jumps Above $1,000 For First Time In Three Years on: January 05, 2017, 06:00:42 AM
Digital cryptos are the future. Banks already see the value and are testing different blockchains. Blockchain technology improves finacial systems but can also undermind the banking system as well. Its nice to see what the future holds.

Yes this is true as many banks are testing about the blockchain technology and trying to see how they can use it in their system and its demerits as well. Infact couple of months bank ICICI bank was the first Indian bank to test the blockchain technology and did their successful  transaction as well.
2813  Local / India / Re: Number of BitCoins users in India on: January 05, 2017, 05:45:18 AM
Does any one have an idea how many BitCoin users are there in India ?

I think its important to have basic data so that we can get a clear picture about its adoption and rate of growth.



You will not know exact number of users in India as there is no standard site available where users need to registered if they would like to trade in bitcoin. But yes you can ask exchanges in India about total number of users registered with them. But it will just give you a very fair idea and not even a close numbers to actual users.
2814  Local / Mining (India) / Re: Mining Pool for India on: January 05, 2017, 05:39:44 AM
Hello,

I am Divyajit, Business Head @ GBMiners.com. We are India's Biggest and Fastest Growing Mining Pool. We have grown upto 30 PH/s (which is more than 2% of total mining power of the world) in just 1 month’s time. Pool's Lifetime Luck > 115% higher than any other pool in the world. Our pool fees is 0.9% and transaction fees is included in the reward. We do Daily Payouts and users are earning more than 5% higher payouts as compared to most PPS pools.

Would like to connect with miners who are willing to work with us. You can connect with me at divyajit@darwinlabs.io

Thanks,
Divyajit

Kindly share the pics and address of your mining and where you doing it? Are you doing it virtual or you have a farm somewhere located. Also who all are in your management team and have you received any seed funding yet?

Have you got your company registered it or not and if yes details please.
2815  Local / Mining (India) / Re: mining btc on: January 05, 2017, 05:36:37 AM
Decided to mine bitcoins now .. Please tell what software would i require and what is p2pool and PoS PoW PoE and all .. Also tell the cost of mining software

Its being 20 days and you have not posted after that. What is the status have you equipped yourself with all the required mining machines yet or not, have you given up considering there will be no profit from mining? Let us know so accordingly post this people can help you.
2816  Local / Press & News from India / Re: [2017-01-02] NDTV: Bitcoin Jumps Above $1,000 For First Time In Three Years on: January 04, 2017, 07:08:33 PM
Within no time from 1050 btc it has reached the level of 1130$ per btc. Today itself there as being huge jump from the start of day 1028$ to 1130$ i.e 100$ just in a day jump. Hope it stabilizes and does not fall back back to below 1000$  Smiley
2817  Local / India / Re: Bitcoin hits $17bn market cap on: January 04, 2017, 07:06:15 PM
Bitcoin hits $17bn market cap.How much is the Indian share of the total market cap?

Not sure how much does India trade btc across the year as compared to other counterparts. But for sure it will be very less negligible % when compared to China and other country as India is still at a very nascent stage. Slowly but making progress and on the way to achieve big thing.
2818  Local / Buyer/ Seller Reputations (India) / Re: Want to buy/loan bitcoin in Patna . on: January 04, 2017, 07:01:55 PM
Checked out the site and does not even a have a good webpage and graphics. Really poor graphics used and unsystematic-ally designed website. Will not recommend any one about this and nor will invest in it. Thanks for the info.

Did n't you check this http://bitcofarm.com/payment_proofs ? It is not about graphic and design but the payment proof of the site.

Well if they are earning so they can make payment. Well in that case website is the primary base from which things work so its a very basic requirement to have a good site by default. Secondly its upto you to invest or not to invests in such sites. Risk is yours.
2819  Local / Marketplace (India) / Re: eCoin.eu on: January 04, 2017, 05:44:23 PM
Hello thank you for the news being covered related to btc across globe.

Could you also share some highlights about ecoin.eu what has being a significant development during this year  and how are you looking for 2017 as its not far now.
How have your numbers being for this year and what you thought on things which you wanted to implement but dint able to do it.

Thank you for your suggestion! We will think about it.

Wish you a Happy New Year . So what has happened on this kindly share the 2016 about how it has being and how many total number of users and total volume done in 2016. Also what are the 2017 plans for India to be specific. Are you also looking to introduce the signature campaign to be more in the spotlight?
2820  Local / Alt Coins (India) / Re: [PRE-ANN] WINGS - Where DAO Unicorns Are Born on: January 04, 2017, 06:42:12 AM
Kindly share the stats for 2016 as it being around for 6 months now. How is this alt coin shaping up and out of available coins, how much is being sold or distributed? What is the current value of 1 coin in terms of btc at present and what is in store for 2017?
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