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Author Topic: Buying BTC in India  (Read 1856 times)
lonsharim (OP)
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November 22, 2013, 07:19:48 AM
 #21

Looks like  you are  having a hard time  getting  some  coins.  do  this 

post your bitcoin address and i will forward you some coins you  just play around with. It will be  really low amt but  some to  get you started. and get the hang of thing.

Thanks for the offer, that's very kind of you. I understand the process though. I managed to get my hands on 8 litecoins and converted those to BTC and transferred them to the wallet on my laptop. I own 0.1 BTC as of today (yay). I want to pick up a few more actually, between 4-6 BTC incrementally and can wait for the price to come down - given the volatile nature of the currency, I am hoping to pick them up for between $400 and $500 each at some time in the future. If it falls down more than that then its my good luck but I think 400 to 500 range should be possible near term.





I used to advice people not to mine or invest in mining. My opinion is definitely changing.

Every Satoshi is gonna have a Dollar value one day.

Hope you get few coins before people start to kill for 1. Smiley

Incidentally I did research and strongly consider mining too but decided against it.
Benson Samuel
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November 22, 2013, 07:21:41 AM
 #22

Looks like  you are  having a hard time  getting  some  coins.  do  this 

post your bitcoin address and i will forward you some coins you  just play around with. It will be  really low amt but  some to  get you started. and get the hang of thing.

Thanks for the offer, that's very kind of you. I understand the process though. I managed to get my hands on 8 litecoins and converted those to BTC and transferred them to the wallet on my laptop. I own 0.1 BTC as of today (yay). I want to pick up a few more actually, between 4-6 BTC incrementally and can wait for the price to come down - given the volatile nature of the currency, I am hoping to pick them up for between $400 and $500 each at some time in the future. If it falls down more than that then its my good luck but I think 400 to 500 range should be possible near term.





I used to advice people not to mine or invest in mining. My opinion is definitely changing.

Every Satoshi is gonna have a Dollar value one day.

Hope you get few coins before people start to kill for 1. Smiley

Incidentally I did research and strongly consider mining too but decided against it.


mine with a CPU if it gives you a share Cheesy

lonsharim (OP)
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November 22, 2013, 07:29:23 AM
 #23

mine with a CPU if it gives you a share Cheesy

LOL It was more like a 2TH/s Terraminer IV Feb batch. I even researched colocating the hardware in the US, spoke to a couple of people in Bangalore who were ready to invest upto 50% of the hardware cost as part of a group buy with me.

The only reason I didn't go ahead was that there were too many ifs involved, if difficulty in 2014 is unsustainable, if there are delays in production, if global hashes were too high, if colocating could not be trusted, if Cointerra turned out like BFL. Like I said, I did some heavy duty research before deciding against it.
subvolatil
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November 22, 2013, 03:09:08 PM
 #24

Looks like  you are  having a hard time  getting  some  coins.  do  this 

post your bitcoin address and i will forward you some coins you  just play around with. It will be  really low amt but  some to  get you started. and get the hang of thing.

Thanks for the offer, that's very kind of you. I understand the process though. I managed to get my hands on 8 litecoins and converted those to BTC and transferred them to the wallet on my laptop. I own 0.1 BTC as of today (yay). I want to pick up a few more actually, between 4-6 BTC incrementally and can wait for the price to come down - given the volatile nature of the currency, I am hoping to pick them up for between $400 and $500 each at some time in the future. If it falls down more than that then its my good luck but I think 400 to 500 range should be possible near term.





That's  awesome!  play around and  get a  feel  of  it  more.  try   making a   paper  wallet and   encrypt  your  wallet. you  can  also  play  around  with the  concept  of   getting   devices  on a  air-gap.   

Best  of  luck
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