BitCoin in India

[jawed]

I think zebpay is spreading faster than unocoin, at least around Mumbai area. And the mobile app really gives them an edge over other exchanges, as most people use only their mobiles to access internet services.

[BitSat]

I think zebpay is spreading faster than unocoin, at least around Mumbai area. And the mobile app really gives them an edge over other exchanges, as most people use only their mobiles to access internet services.

India is very big country but still bitcoin is not spreading as its need to be because right now just few exchange sites accepting this no shops or other vendors going this if its works like Philippine or Indonesia then its could be very helpful for this community

[epitome]

I think zebpay is spreading faster than unocoin, at least around Mumbai area. And the mobile app really gives them an edge over other exchanges, as most people use only their mobiles to access internet services.

I think Zebpay is a mobile only wallet and what is the buzz around Mumbai area you are talking about because i would like to hear as i will be traveling to Mumbai in a couple of weeks time.

[jawed]

I think zebpay is spreading faster than unocoin, at least around Mumbai area. And the mobile app really gives them an edge over other exchanges, as most people use only their mobiles to access internet services.

India is very big country but still bitcoin is not spreading as its need to be because right now just few exchange sites accepting this no shops or other vendors going this if its works like Philippine or Indonesia then its could be very helpful for this community

I agree with you. But I think as the awareness of the concept grows amongst common people,  more fin institutes would invest in exchange platforms.
Campaigns regarding the concept, especially targetting collages, will surely enhance the spread of digital currencies.

[jawed]

I think zebpay is spreading faster than unocoin, at least around Mumbai area. And the mobile app really gives them an edge over other exchanges, as most people use only their mobiles to access internet services.

I think Zebpay is a mobile only wallet and what is the buzz around Mumbai area you are talking about because i would like to hear as i will be traveling to Mumbai in a couple of weeks time.

Yes, zebpay is mobile only wallet. I personally interacted with some volunteers spreading awareness about bitcoin and other cryptocurrencies. They were spreading awareness regarding the concept, along with zebpay. Looks like zebpay is on the roll, especially in western India.

[polynesia]

I think zebpay is spreading faster than unocoin, at least around Mumbai area. And the mobile app really gives them an edge over other exchanges, as most people use only their mobiles to access internet services.

India is very big country but still bitcoin is not spreading as its need to be because right now just few exchange sites accepting this no shops or other vendors going this if its works like Philippine or Indonesia then its could be very helpful for this community

I agree with you. But I think as the awareness of the concept grows amongst common people,  more fin institutes would invest in exchange platforms.
Campaigns regarding the concept, especially targetting collages, will surely enhance the spread of digital currencies.

There have been campaigns to educate college students before. 
http://www.indiabitcoin.com/unocoin-educates-college-students-in-bangalore/

[DDS1]

Yes, it is legal in India. Because more Indian are transaction by online. It goes to clean transaction for banking. Bitcoin is decentralised  currency.Good luck

[eXpl0sive]

Do people In India use bitcoin? Is It Legal There ??

Something is legal until it is labelled as illegal. No authority in India has labelled BTC as illegal, so YES it is legal as of now.

The usage is not that great if you're talking about spending BTC in day-to-day use. But yes, people have been trading and HODLING bitcoins a lot for monetary gains.

[jawed]

I think zebpay is spreading faster than unocoin, at least around Mumbai area. And the mobile app really gives them an edge over other exchanges, as most people use only their mobiles to access internet services.

India is very big country but still bitcoin is not spreading as its need to be because right now just few exchange sites accepting this no shops or other vendors going this if its works like Philippine or Indonesia then its could be very helpful for this community

I agree with you. But I think as the awareness of the concept grows amongst common people,  more fin institutes would invest in exchange platforms.
Campaigns regarding the concept, especially targetting collages, will surely enhance the spread of digital currencies.

There have been campaigns to educate college students before. 
http://www.indiabitcoin.com/unocoin-educates-college-students-in-bangalore/

I am sure there must have been. But this has to be a continuous process, as youngsters' memory span is very short. New and exciting things keeps them wandering. Even a forum like this is perfect platform for creating awareness. I was vaguely aware of the concept of bitcoin from almost an year but I learnt most about crytocurrencies on this forum in last 2 weeks.

[sedrick]

Do people In India use bitcoin? Is It Legal There ??

Yes , ofcourse  it is legal in India because I am.using bitcoin from 2 years in India , and I am proper Indian .
I have Many friends at WhatsApp group who are bitcoiner . Some of them are making lakhs per month and paying tax to the government ( which is honesty quality ) .
But in this year some restrictions comes to use bitcoin after demomentization of money which control the flow of bitcoin .
I explained about it here >>
https://bitcointalk.org/index.php?topic=1739347.new#new

Considering there are many companies out there which provide bitcoin to INR exchange service after taking KYC from customer as per RBI norms, one can consider that bitcoin is not banned by Indian government.

[lordquanta]

I think zebpay is spreading faster than unocoin, at least around Mumbai area. And the mobile app really gives them an edge over other exchanges, as most people use only their mobiles to access internet services.

India is very big country but still bitcoin is not spreading as its need to be because right now just few exchange sites accepting this no shops or other vendors going this if its works like Philippine or Indonesia then its could be very helpful for this community

I agree with you. But I think as the awareness of the concept grows amongst common people,  more fin institutes would invest in exchange platforms.
Campaigns regarding the concept, especially targetting collages, will surely enhance the spread of digital currencies.

There have been campaigns to educate college students before. 
http://www.indiabitcoin.com/unocoin-educates-college-students-in-bangalore/

I am sure there must have been. But this has to be a continuous process, as youngsters' memory span is very short. New and exciting things keeps them wandering. Even a forum like this is perfect platform for creating awareness. I was vaguely aware of the concept of bitcoin from almost an year but I learnt most about crytocurrencies on this forum in last 2 weeks.

Spreading awareness about bitcoin in the youth of any country is very difficult. As of now 99.99% people using bitcoin consider it as commodity instead of currency. Everyone wants to purchase and hold the bitcoins for long term huge profit. Just like real-estate, gold. Given this situation why youngsters will develop their interest in a commodity which they can not use as currency? How many times have we seen youngsters taking interest in RE, stock etc? very less.  Next point is bitcoin price is not something they can afford.  These two biggest point nullifies attempt of developing awareness about bitcoin in youth.

[Esphere.in]

Do people In India use bitcoin? Is It Legal There ??

Something is legal until it is labelled as illegal. No authority in India has labelled BTC as illegal, so YES it is legal as of now.

The usage is not that great if you're talking about spending BTC in day-to-day use. But yes, people have been trading and HODLING bitcoins a lot for monetary gains.

Everyone spends time to make some monetary gains and other than that what is the real purpose in it.The government of India really prompted the people to start using bitcoin by implementing useless rules and regulation regarding the fiat and in turn people started investing in bitcoin.

[@prashant]

Do people In India use bitcoin? Is It Legal There ??

Something is legal until it is labelled as illegal. No authority in India has labelled BTC as illegal, so YES it is legal as of now.

The usage is not that great if you're talking about spending BTC in day-to-day use. But yes, people have been trading and HODLING bitcoins a lot for monetary gains.

Everyone spends time to make some monetary gains and other than that what is the real purpose in it.The government of India really prompted the people to start using bitcoin by implementing useless rules and regulation regarding the fiat and in turn people started investing in bitcoin.

When did they start encouraging people to use bitcoin?there is no way they will do it .yup our government has introduced cashless payment and is promoting it but not cryptocurrency.it will take a long time that majority of  people will know about bitcoin/altcoins.