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Author Topic: 50,000rs (500rs of old currency) for bitcoins  (Read 2567 times)
DigiSoul
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February 12, 2017, 06:49:43 AM
 #1

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

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February 12, 2017, 07:14:49 AM
 #2

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



I dont get it. You found the notes of local currency which is diminished by the india government, If that is so then my friend, those note are of no value and just a piece of paper. Why would anyone buy those piece of paper with their bitcoins ?

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DigiSoul
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February 12, 2017, 07:30:10 AM
 #3

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



I dont get it. You found the notes of local currency which is diminished by the india government, If that is so then my friend, those note are of no value and just a piece of paper. Why would anyone buy those piece of paper with their bitcoins ?
yes i know but i kept it hidden and then forgot. I dont want it to be wasted. I have also a transaction with my bank account of withdrawing 50,000rs. That's all i have to prove that its mine.
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February 12, 2017, 10:58:27 AM
 #4

Try and get in contact with RBI guys at RBI counter.
Explain them your situation and  they might just change it for you is you aren't doing anything fishy.

I am dealing with 12k of old notes here a friend of mine agreed to change it for me from Mumbai RBI counter.

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February 12, 2017, 11:42:51 AM
 #5

Ask some drugist or medical store owner if he can exchange them for you.He may charge his commission.I heard they are allowed to accept old bills till 31st March.
Nobody is going to sell bitcoin for it because how will you send those notes to him?
DigiSoul
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February 12, 2017, 12:49:05 PM
 #6

Try and get in contact with RBI guys at RBI counter.
Explain them your situation and  they might just change it for you is you aren't doing anything fishy.

I am dealing with 12k of old notes here a friend of mine agreed to change it for me from Mumbai RBI counter.
nice idea. I'll try getting in touch with RBI and see if they change my notes .
Thanks
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February 12, 2017, 12:58:41 PM
 #7

You can exchange those notes on any of the RBI branch for free of cost till 31st March, you don't need to prove there for anything, just fill up some form and get new notes on the spot.
DigiSoul
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February 12, 2017, 03:54:14 PM
 #8

You can exchange those notes on any of the RBI branch for free of cost till 31st March, you don't need to prove there for anything, just fill up some form and get new notes on the spot.
but i've heard that its only for NRI and normal residents can't do such things.
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February 12, 2017, 04:14:29 PM
 #9

Don't worry, as suggested by many members you can still exchange your old notes from RBI counter. I am sharing some links regarding this matter, please go through it

* RBI allows NRIs to exchange old Rs 500, Rs 1000 banknotes up to June 2017.

* Exchange of old Rs 500, Rs 1,000 notes to continue only at RBI counters.

* NRIs Can Exchange Old Rs 500 And Rs 1,000 Notes at RBI Offices Till June 30.

I going psychically is not possible for you then contact your friends, relative to do it for you because there won't be any chance if you miss this new dealdline.

DigiSoul
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February 12, 2017, 04:51:44 PM
 #10

Don't worry, as suggested by many members you can still exchange your old notes from RBI counter. I am sharing some links regarding this matter, please go through it

* RBI allows NRIs to exchange old Rs 500, Rs 1000 banknotes up to June 2017.

* Exchange of old Rs 500, Rs 1,000 notes to continue only at RBI counters.

* NRIs Can Exchange Old Rs 500 And Rs 1,000 Notes at RBI Offices Till June 30.

I going psychically is not possible for you then contact your friends, relative to do it for you because there won't be any chance if you miss this new dealdline.
yes.. but thats for indian residents who were abroad from 9th november to 31st december. So, thats not possible.

You can Also checkout this link.

I don't have any friends, relatives abroad who can do such task. And i really want to exchange my notes. I wish this facility should be for normal residents too.  Cry
DigiSoul
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February 12, 2017, 04:56:21 PM
 #11

Hey can anyone suggest any indians friends, relatives or anyone who were abroad at that time and can help me out in this matter? I am ready to pay 50% or more of the amount if they want.
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February 12, 2017, 05:06:07 PM
 #12

Better to ask NRi they can exchange old Currency at airport May be 5 Lakh plus as per info
We are Indians We cannot exchange currency now but NRi can do this ... go to Tourist places and ask some people they may help you or got to Rbi direct



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February 12, 2017, 05:16:48 PM
 #13

Sad to know that you forgot you had some old notes that too work 50 k  Huh. Well very few options left for you unless you know some NRI who can do it for you.

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February 13, 2017, 05:42:55 AM
 #14

I asked a NRI who is my indian friends aunt. She visited and i asked for help but she said that now she also can't do anything now.

So any of you know any NRI who can help?
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February 13, 2017, 02:59:23 PM
 #15

Don't worry, as suggested by many members you can still exchange your old notes from RBI counter. I am sharing some links regarding this matter, please go through it

* RBI allows NRIs to exchange old Rs 500, Rs 1000 banknotes up to June 2017.

* Exchange of old Rs 500, Rs 1,000 notes to continue only at RBI counters.

* NRIs Can Exchange Old Rs 500 And Rs 1,000 Notes at RBI Offices Till June 30.

I going psychically is not possible for you then contact your friends, relative to do it for you because there won't be any chance if you miss this new dealdline.
yes.. but thats for indian residents who were abroad from 9th november to 31st december. So, thats not possible.

You can Also checkout this link.

I don't have any friends, relatives abroad who can do such task. And i really want to exchange my notes. I wish this facility should be for normal residents too.  Cry

Normal citizens were given 50 days to change any old currency notes with them so I don't think this government will entertain any petition to again allow normal citizens to change their old notes. The only option is finding someone from abroad to change the notes for you (probably you can ask on some online forums in exchange for some commission).

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February 27, 2017, 05:56:44 AM
 #16

Its a piece of paper now. You should be more aware and careful when it comes to money. Better hold it like this in coming 100-200 years old currency will be rare and then you can make lots of money out of it.

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February 27, 2017, 06:23:53 AM
 #17

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 .


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February 27, 2017, 11:50:22 AM
 #18

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. Sad

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February 27, 2017, 12:07:27 PM
 #19

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. Sad



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.  Embarrassed

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gexcrypto
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legendster
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February 27, 2017, 03:53:23 PM
 #20

For the record. I bought 70k at raddi rates from someone local. So won't be needing yours anymore. Good luck.

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