Exactly the point that if you take so long years just to mine and reach the no profit and loss in 4 years that too the mining difficulty will increase so ideally not to mine. Instead of that you can readily buy btc from Indian exchanges as we have reputed couple of them now in India and trade or invest as per the choice of user.

What is the progress on this as its being 5 days past and no update from the OP related to it? Were you able to do the deal with anyone in UP or any other state for that matter and if yes kindly let us know from whom and how much btc you bought it ?

You can earn btc though multiple sources few are :_

1) Join signature campaign and be part of it.
2) You can do freelancing work and get paid in btc as a fees.
3) You can do faucets but the earning is not equivalent of the time you invest in it.

Couple of question related to the coin.

Everybody knows that out of 1000's altcoin which come in the market only a few handful can survive after a year. So how different you think this coin is and its elasticity to survive even 6 months in the market with having a good user base with value in terms of price?

Hi,

I would like to draw you attention that last week itself I became the full member and added the avtar. In spreadsheet you have written against my id rank up and added avatar. But this time I have received payment of 0.01 as a member and not as per my Full Member +Avtar which comes to 0.015 + 0.00375 = 0.01875.  Kindly check and send me the remaining balance.

Fiat Currency will never disappear  but its usability will reduce with time because Bitcoin and the other crypto currencies, are growing fast and will conquer the world soon. The technology is useful and will be used going forward but fiat will certainly be still be there as btc is not used by every country as of now.

Some basic difference which I think is -

- Your money could be accepted in your country as it may not be accepted currency across.
- Btc could you used eveyrwhere around the globe unless country has ban it.

- BTC you can invest and price may rise in future.
- Keep money like this only will not yield anything.

It is certainly one's choice as to what they want to give up or take it. But certainly btc will be the future if your country has formulated the policy and is in favour of currency then its a long way to go for the bitcoin and will establish itself very stron in coming time as remittance market for making payment this will be used.

1Lac worth amazon cards  .What is the purpose you looking at buying so much worth of cards in btc? Certainly you not looking for yourself to spend on so is it for gift purpose or for your business purpose because this is like  a lot if considered paying 1lac worth in btc for the gift cards.

Well its a very big market cyptocurrency to be considered and specially btc to be considered. We already have zebpay which has crossed 500 crore business for the year which is tremendous. Though there is stil not a clear policy formulated for the currency but in time to come once we have it there will certainly be huge and highly demanded currency and remittance may only happen with such currency going forward.

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.

Congrats Zebpay for the milestone achieved of 500 crore turnover. This is really a significant success achieved in a country where bitcoin is not gained momentum though way to go for India in coming times. Let us see if there is anyone nearby to this number with Unocoin and Coinsecure another major players in the market.

Certainly it could be depending upon its acceptance worldwide firstly and secondly if country allows the gambling as legal for that matter. So bitcoin could be future of online gambling but still need wait for a long time to see many gambling site will accept bitcoin as a one of a payment.

Well if you are a smart gambler then certainly you would be logical enough to plan out your winning in a systematic way as below :-

- Divide the amount in some % and invest accordingly
- Pay out all the debts if possible
- If still left with surplus invest in financial instrument
- Buy a house if you do now own (In case possible)
 

Blend of Saving along with investment will be the right idea which will help in case of emergency fund called as contingency time to use save money and let some return be made from the money which you invest in various financial instruments. So overall you will have a very balanced portfolio nor too risky as well.

Well if the btc is evenly distributed then we will not be able to manipulate prices. But the thing is that majorly China is a biggest player and held majority of the btc. Though there are various institution holding in china. If they all dump together then prices will fall like a dropping ball form air or hold it and limits the supply then prices will rose.

Some of the basic rules work out bets while managing the money like do you budget planning, or if you prefer, set up a spending plan. To manage your money properly and get ahead financially, you need to spend less than you earn. Check your income regularly and ways to increase them . Then determine how much of your income is spent on monthly bills and necessities.

Couple of sources to earn btc are but not limited :-

- Signature Campaign
- Trading coins
- Doing freelancing work and getting paid in btc
- Solving queries or assignment of college students and getting paid in btc.
- Gambling though very risky.

As per the current market situation btc is the powerful coin and the most traded coin across globe. This we could know from their market cap and the price as well.There were so many coins created in form of alt coin but hardly few could survive rest all are out and with no value in today's date.

As there is a saying that never invest all your money under one scheme in the same way never keeps all your coins under one exchange or wallet. Depends if you do not hold much btc then you can keep it, else have the couple of wallets and store them in that, else go for offline wallet to be the safest.