[ANN] BuySellBitco.in - 5% flat discount and good news from RBI

Dear users,

RBI, Reserve Bank of India has given a statement on Bitcoin and its good one

India’s central bank is “watching” Bitcoin, the virtual currency that is gaining popularity among Net users, but has no intention of regulating it right now.

“As of now we are watching and learning about the developments in Bitcoins but are not regulating it,” an RBI spokeswoman wrote in an e-mailed response to ET here.

Read full text here

This is a good news for Bitcoin community in India as it means that RBI does have its view point on Bitcoin and they may regulate it in future.

While many see regulations and regulators as bad, the truth is that much of their job is providing consumer protection. Establishing such safeguards is good for Bitcoin because with consumer protections, comes consumer confidence. With consumer confidance we can expect masses to deal with Bitcoin and When the masses believe they are safe dealing in Bitcoins, you will see more “regular” people giving Bitcoin a much deeper look.

Rules of the road are necessary. No one likes speed limits but most agree they serve a good purpose.

And with RBI good news, we also want to give a good news to all our customers.

We are running 5% flat discount to all our customers.

Buying bitcoins was easy in India using our services, now its cheap too

We are offering straight 5% discount

Use coupon code : BTCPROMOTION

You must have verified account with us to book order. Read more about verification process here

How it works :

Please follow below steps to book order and avail discount.

1. Goto https://buysellbitco.in/buy
2. Enter your email address, bitcoin address ( where you want to receive bitcoins )
3. Enter amount in INR ( Indian Rupees ) or quantity of bitcoins you want to purchase.
4. Enter Discount code : BTCPROMOTION in discount code box and press Go.
5. System will tell you if discount code is valid or not and will show you discount amount if code is valid.
6. Click Book Order and your order will be submitted and you will get deposit instructions on email.

Please feel free to contact us on our Help Desk if you need any help with above.

Cheers,
BuySellBitco.in