[Purchase & Sale Thread for Bitcoin] | [BID 0,000|Ask 0,130] INR

[subvolatil]

Purchase and Sale  thread for  Bitcoins

People  who  want to  buy bitcoin place in you bid amount and  the number of bitcoins  you want to purchase and i will update it.

The same  goes  with sellers place in the amount  you are  willing to sell and how  many bitcoins.

The sellers and  buyers  can match their  amount and make the  deal. them self.  


So lets  make this  thread  into  a  same  day buyers  list. Any  one  buying it  on that  day  just  update  the  list  and   sellers  can put in their  own  asking price. i will update  them for public  viewing.  Buyers and sellers  can  contact each other or If you  want  i can  escrow  the  purchases .  

For  escrow just  pm me .
People  when placing  your  bids and  Sale  request, please  put it in INR  form  not  a % amount .  
Buyers  an  sellers  please  take precaution when  conducing  transaction  with  people  you  dont  know .

Todays Bid/Ask (all valuation on  bids to be in INR)
[BID 5,000 | Ask 7,130]

              Buyer                                                             Seller

   Buyer BID             INR            Quantity       Total (INR)                                  |            Seller Ask              INR              Quantity        Total (INR)

                                                                                                        |      ajax3592            $570                   0.6 BTC           $570

1. achal                  5,000/-             8            40,000/                            | 1.       shibaji              6,900/-             15                1,00,350 /-
2. ninjarobots        5,000/-                2            10,000/-                           | 2.        legendster            7,130/-           1.5             10695/-
3. Pinwheel            7,300/-              1                  7,300/-                        |3.   tryingtobeperfect       7400/-               1               7400/-
4. Subvolatil             4,400/-            2             8,8000/                             |4.       axorb                  7,350/-              1                  7,350/-

    

subvolatil [ looking to  purchase 2 BTC ]

axorb [ looking to  sell 0.5 BTC  ]

rezurect [ looking to  purchase ]

Buyers and  sellers  just  post what  you wan to bid and what  you are  asking  for.

[axorb]

Any one selling today
just pm me  with the  rates . 

Same question here , looks like people are holding 

[subvolatil]

na they  sell off    mt gox is   getting  sued . 
http://www.arnnet.com.au/article/460869/lawsuit_halts_us_bitcoin_exchange_partnership/

[subvolatil]

I'm not  much  for those  board members. they can  agree on any thing concrete  at all. most  of the time they fight over control  of their  territory  .

By the way . is the  sit reliable http://buysellbitco.in/ ?

[freedomno1]

So we let the board collapse and rebuild it proper that's how a corporate restructuring works
Either way Gox may be a the big dog but its not the only exchange around

[subvolatil]

well  if  you read the  press release  looks like  coin lab is  just trying to  act like a  real  big  baby. 

http://coinlab.com/press

[pinger]

well  if  you read the  press release  looks like  coin lab is  just trying to  act like a  real  big  baby. 

http://coinlab.com/press

Like a real big asshole.

[Pinwheel]

I think it is not related to btc, or perhaps  been exploited to dump btc. When it started yesterday buy walls on mtgox in amounts in few thousands btc were crashed in seconds.So it was obvious attack of some individuals with very large resources. During normal trade it is never happens that Salomone will sale thousands bitcoins on what ever price any one willing to give.

Bitcoin foundation it is not what makes bitcoins credible, it is network hash rate what does.

[freedomno1]

I think it is not related to btc, or perhaps  been exploited to dump btc. When it started yesterday buy walls on mtgox in amounts in few thousands btc were crashed in seconds.So it was obvious attack of some individuals with very large resources. During normal trade it is never happens that Salomone will sale thousands bitcoins on what ever price any one willing to give.

Bitcoin foundation it is not what makes bitcoins credible, it is network hash rate what does.

Well maybe their playing hardball or one side needs funds to finance a lawsuit lol

[subvolatil]

Well i will tell you what happened . Feathercoin  got  listed on  btc-e.com and the botnet miners  that were  mining in  huge   numbers  dumped it there  for  bitcoin  and now they are   bringing  down  bitcoin .  
Feather  con has been  there  for only weeks  and it is  doing  quite well . i bought  like  10000 FTC  for like  1 btc. when  they were trading  it on  a  google  spread sheet. now it like about 250 FTC  for 1 BTC.  so  made a profit  heheh

[rezurect]

Anyone sellling today can pm me rates?

[legendster]

I m selling.
+12% of Virwox

Taking bank NEFT / Cash Deposit

[subvolatil]

i already  bought  some  so wont  be needing  it .

so in that case  lets  make this  thread  into  a  same  day buyers  list. any  one  buying it  on that  day  just  update  the  list  and   sellers  can  contact them. 
If you  want  i can  escrow  the  purchases .   

[subvolatil]

sellers update for today.
bump

[legendster]

sellers update for today.
bump

https://bitcointalk.org/index.php?topic=176877.msg1841315#msg1841315

[subvolatil]

sellers update for today.
bump

https://bitcointalk.org/index.php?topic=176877.msg1841315#msg1841315

Thanks for the update .  here the buyers can  put up their  requirements and also the price they are will to buy at. a bidding system would be better as a market stabilizer, atlease in india.  also other  sellers can  get in touch .  
I was thinking, i should may be put up a  bid exchange using google docs for a temporary time .

My goal is to may bitcoin more  acceptable open and easy to access.

[legendster]

sellers update for today.
bump

https://bitcointalk.org/index.php?topic=176877.msg1841315#msg1841315

Thanks for the update .  here the buyers can  put up their  requirements and also the price they are will to buy at. a bidding system would be better as a market stabilizer, atlease in india.  also other  sellers can  get in touch .  
I was thinking, i should may be put up a  bid exchange using google docs for a temporary time .

My goal is to may bitcoin more  acceptable open and easy to access.

The way bitcoin prices work it wont be very long before a silly aflatoon comes up yelling that he/she lost money in BTC because of markey fluctuations. IF such a fool is turns out to be a richie rich and has substantial political pull he/she will bring very very bad news to BTC in India & especially the guy in the middle ... it may also bring the much needed awareness of this phenomena.


As far a bidding system is concerned .. Supply of BTC is very very limited in India so it will only work towards a price hike, or seller monopoly (like in Localbitcoins) if anything.

[subvolatil]

sellers update for today.
bump

https://bitcointalk.org/index.php?topic=176877.msg1841315#msg1841315

Thanks for the update .  here the buyers can  put up their  requirements and also the price they are will to buy at. a bidding system would be better as a market stabilizer, atlease in india.  also other  sellers can  get in touch . 
I was thinking, i should may be put up a  bid exchange using google docs for a temporary time .

My goal is to may bitcoin more  acceptable open and easy to access.

The way bitcoin prices work it wont be very long before a silly aflatoon comes up yelling that he/she lost money in BTC because of markey fluctuations. IF such a fool is turns out to be a richie rich and has substantial political pull he/she will bring very very bad news to BTC in India & especially the guy in the middle ... it may also bring the much needed awareness of this phenomena.


As far a bidding system is concerned .. Supply of BTC is very very limited in India so it will only work towards a price hike, or seller monopoly (like in Localbitcoins) if anything.

Well there are always stupid people in the world , and stupid  people do what stupid does. and no rich brat is gona be able to stop this cryptocurrency force.  They can try but they will all fail in the end. 

The  monopoly with the sellers is a  big problem.  i see that the only way out is to have more influx of bitcoin comming into india. limmit the amount of bitcoin going out and increase the amount coming in . have a system of trust  that builds the indian  bitcoin community.  Profit and earning money is a second objective the first priority for our indian community is it  make and  increase the  proliferation of  bitcoin into india.

[legendster]

We are Indians no one trusts us.. lol even we dont trust ourselves when in comes to money.

Building trust here will be tough but wont be impossible.

BTC will have to find world acceptance first and being the kinds of copy cats we are we will follow.

But its more interesting if its the other way around.. Like BTC being accepted here first and THEN in the world.

I have a few regular business Ideas like Jewelley shops E-Malls etc - that I will discuss openly in the coming weeks. But I have NO capital so I will need to rely heavily on the community members here in this forum so I really dont know how things will turn out.

All i know is that if BTC is to be accepted by the common people it has to start big with small time merchants.

[legendster]

^This . While short term profitability is the only concern of sellers here , what people fail to see is the bigger picture.With bitcoin becoming mainstream in India , it will be a win-win situation for everyone. And an exchange rate based in India or the one that deals in INR is a likely solution .

Exactly.

For example if someone can buy coins at $120 today - from an independent seller, AND if the price at gox is $95 They will choose Gox instead of the indie seller.

The indie seller has to charge high rates in the beginning to be able to strengthen his capital & the only way he can afford to do transfers at decent rates in the future is by making more profit in the present.

but who looks into this 'long term' thing .. even if the buyer knows that the price of BTC will be $200+ in the future the buyer will be concerned with his/her current 'short term profit of $25'  ...

Talking from live experience.