How is the crypto market doing in India?

[spnkit]

As an Indian who grew up in US, I would like to better understand how are cryptocurrencies and Blockchain technolgies doing in India.

Any insight on investments, mining, token sales, meetups, and the general interest level (both public and private sector) would be appreciated! 

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[1714929010]

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[taked]

It's fine and you know what we are the real sleeping giant so wait for the wake up of India in the crypto world.

[amishmanish]

As an Indian who grew up in US, I would like to better understand how are cryptocurrencies and Blockchain technolgies doing in India.

Any insight on investments, mining, token sales, meetups, and the general interest level (both public and private sector) would be appreciated! 

Seeing our naturally inquisitive nature I think we'll do quite well in a while. Right now, that other typical habit of ours, that is, propensity to jump into anything tht promises 'quick bucks' sees a lot of people jumping into bitcoin through offline methods.
Like dishonest merchants peddling it to people looking to bury their under-handed income. Read about the post from @tmpf on the scam started in the name of BitCoinGrowthFund.
Please take part in the poll started to give your opinion too. Thanks..
BTW..How old are you in crytpo??

[btcdamnit]

Soon It will be the next big thing in india

[akablackhat]

It is all very geeky, but if you are into it, you will realise that the interest in blockchains and coins of other cryptocurrencies is rising fast. And so is the value of these currencies

[KingScorpio]

hy india forum,

i am from germany,

i am working currently with an indian exchange student on a new cryptocurrency, u can see logo and link below we could use people for marketing campaign to join us pm or contact us via our website if you are interested.

our goal is to create a cryptocurrency that is not an empty IT system but that is dual layered value reinforced by a portfolio of value generating sources (for example real estate)

regards

[taked]

hy india forum,

i am from germany,

i am working currently with an indian exchange student on a new cryptocurrency, u can see logo and link below we could use people for marketing campaign to join us pm or contact us via our website if you are interested.

our goal is to create a cryptocurrency that is not an empty IT system but that is dual layered value reinforced by a portfolio of value generating sources (for example real estate)

regards

Are you sure you are from Germany it turns out that you are also an Indian, are you a half german and Indian? Good luck with your project exchange.

[lordquanta]

As an Indian who grew up in US, I would like to better understand how are cryptocurrencies and Blockchain technolgies doing in India.

Any insight on investments, mining, token sales, meetups, and the general interest level (both public and private sector) would be appreciated! 

As far as bitcoin is concerned, Things are going in typical Indian fashion. Very few(0.0001%) understand actual bitcoin technology. Very few (0.000001%) understand what is cryptocurrency and how it works. Rest of people are in crypto just to take advantage of boom in bitcoin and alt crypto to make quick money.
You could notice the most (read all) crypto Exchanges or vendors operating in India are looting their customers by unreasonable premium difference in international price and local price. Again buy and sell price difference(aka spread) is ridiculously large. But again these greedy bast*** deserve it.
Hardly anyone declaring their crypto currency assets in their tax-declaration, causing govt to go berserk at anything that is related to the bitcoin and alternative crypto currency.
Major bitcoin fraud happened in India by SOB amit bhardwaj and nobody is filing a complaint against him or his fake company.

Yes, things are going really well in India with regards to the bitcoin and crypto.

[bitcoinzen]

crypto market is booming in india unocoin registered users more than 1 crore as per the reports u can imagine the kind of demand

[@prashant]

From india side, majority of IT field people know or learning about blockchain tech and interested in cryptocurrency.due to recent pump in btc people are more and more investing in it but lack of knowledge sometimes make them victims of scammers.zebpay and coinsecure is doing great to create enthusiasm among people towards crypto.

[krishnaverma]

Crypto market is growing at a very fast pace in India. You can see that some of the exchanges have even stopped new registrations as they are not able to handle current requests. I think that 2018 will see more expansion and if Jio coin is launched this year, it will change the game completely.

[dongamk]

Less profitable in India

[bitcoinzen]

crypo market is doing great in india people are investing in bitcoin and alt coins indian exchanger are coming with new trading platforms govt is  coming up with legality