highkart (OP)
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January 24, 2014, 02:42:27 PM Last edit: January 24, 2014, 02:45:13 PM by Benson Samuel |
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techguy
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January 24, 2014, 05:52:06 PM |
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All the best for your services. By the way, all customer credentials are verified before shipping the products How are you planning to verify the customer credentials ?
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BTCIndia
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January 25, 2014, 01:59:22 PM |
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No background details on company, registration.. anything?
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He's Nick Sazbo from Washington. I've my answer. Or Hal? :O
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highkart (OP)
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January 25, 2014, 02:49:56 PM |
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All the best for your services. By the way, all customer credentials are verified before shipping the products How are you planning to verify the customer credentials ? The shipping details will be verified and we will be scrutinizing every order, that's it, to avoid any regulatory related issues. Regards, Team HighKart
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BTCIndia
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January 26, 2014, 09:47:04 AM |
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All the best for your services. By the way, all customer credentials are verified before shipping the products How are you planning to verify the customer credentials ? The shipping details will be verified and we will be scrutinizing every order, that's it, to avoid any regulatory related issues. Regards, Team HighKart Okay! But, I think, at this moment shipping and scrutinizing order must not be concern. You should be concerned about the "Mode of Payment" you're accepting. Do you have any idea about, what are you accepting? I mean, as per definition of laws. Some say, Bitcoin is document, some say Bitcoin is commodity. You must understand one thing- you're selling your goods for unknown thing. That might be currency, commodity or anything else. You should explore laws whether barter is legal or not. Cuz, you're doing that. Plus, be careful whom you sell you're received Bitcoin for INR. You'll be responsible how they use Bitcoin. P.S: Don't forget to update us with transaction volume done in BTC. Regards, Team India
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He's Nick Sazbo from Washington. I've my answer. Or Hal? :O
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Benson Samuel
Legendary
Offline
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
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January 26, 2014, 11:55:12 AM |
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All the best for your services. By the way, all customer credentials are verified before shipping the products How are you planning to verify the customer credentials ? The shipping details will be verified and we will be scrutinizing every order, that's it, to avoid any regulatory related issues. Regards, Team HighKart Okay! But, I think, at this moment shipping and scrutinizing order must not be concern. You should be concerned about the "Mode of Payment" you're accepting. Do you have any idea about, what are you accepting? I mean, as per definition of laws. Some say, Bitcoin is document, some say Bitcoin is commodity. You must understand one thing- you're selling your goods for unknown thing. That might be currency, commodity or anything else. You should explore laws whether barter is legal or not. Cuz, you're doing that. Plus, be careful whom you sell you're received Bitcoin for INR. You'll be responsible how they use Bitcoin. P.S: Don't forget to update us with transaction volume done in BTC. Regards, Team India FUD - Above is a classic example.
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thenoblebot
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January 26, 2014, 01:47:29 PM |
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Not entirely FUD id say but I do sense some vested interest maybe. barter is absolutely fine but when converting/selling to cash due precautions must be taken so as to not violate the law (since there are no laws currently foe btc specifically ) PS : Hey benson same ignore problem I spoke about earlier ... btcindia is now on my ignore list too .. not sure how this ignore thing works Maybe when you ignore others get the same setting passed on or something ..or is it just happening with my profile dunno
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Benson Samuel
Legendary
Offline
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
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January 26, 2014, 02:14:30 PM |
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Not entirely FUD id say but I do sense some vested interest maybe.
What may that vested interest be? Cos all that I read was "be afraid, not sure if you know what you are doing. Bitcoin is complicated and controversial!" Hmm, now don't we all know that already? So that makes that above text block FUD. PS : Hey benson same ignore problem I spoke about earlier ... btcindia is now on my ignore list too .. not sure how this ignore thing works Maybe when you ignore others get the same setting passed on or something ..or is it just happening with my profile dunno The ignore list in SMF populates only when the ignore button is clicked. Maybe an accidental click?
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thenoblebot
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January 26, 2014, 02:26:50 PM |
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Not entirely FUD id say but I do sense some vested interest maybe.
What may that vested interest be? Cos all that I read was "be afraid, not sure if you know what you are doing. Bitcoin is complicated and controversial!" Hmm, now don't we all know that already? So that makes that above text block FUD. PS : Hey benson same ignore problem I spoke about earlier ... btcindia is now on my ignore list too .. not sure how this ignore thing works Maybe when you ignore others get the same setting passed on or something ..or is it just happening with my profile dunno The ignore list in SMF populates only when the ignore button is clicked. Maybe an accidental click? Vested interest on btcindia's part .... not urs .. he seemed to be coming down a bit harshly on the announcement. About the ignore option : its kinda strange, noticed it twice ... the probability of accidentally clicking without noticing decreasing each time in my proabilistic model of belief.... i think god is playing dice with me lol
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Benson Samuel
Legendary
Offline
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
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January 26, 2014, 02:37:01 PM |
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Not entirely FUD id say but I do sense some vested interest maybe.
What may that vested interest be? Cos all that I read was "be afraid, not sure if you know what you are doing. Bitcoin is complicated and controversial!" Hmm, now don't we all know that already? So that makes that above text block FUD. PS : Hey benson same ignore problem I spoke about earlier ... btcindia is now on my ignore list too .. not sure how this ignore thing works Maybe when you ignore others get the same setting passed on or something ..or is it just happening with my profile dunno The ignore list in SMF populates only when the ignore button is clicked. Maybe an accidental click? Vested interest on btcindia's part .... not urs .. he seemed to be coming down a bit harshly on the announcement. About the ignore option : its kinda strange, noticed it twice ... the probability of accidentally clicking without noticing decreasing each time in my proabilistic model of belief.... i think god is playing dice with me lol Mebbe the dice fell on the mouse button and clicked 'ignore'
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BTCIndia
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January 27, 2014, 12:19:36 PM |
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Not entirely FUD id say but I do sense some vested interest maybe. barter is absolutely fine but when converting/selling to cash due precautions must be taken so as to not violate the law (since there are no laws currently foe btc specifically ) PS : Hey benson same ignore problem I spoke about earlier ... btcindia is now on my ignore list too .. not sure how this ignore thing works Maybe when you ignore others get the same setting passed on or something ..or is it just happening with my profile dunno Never seen anyone so right about my "vested interested".
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He's Nick Sazbo from Washington. I've my answer. Or Hal? :O
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thenoblebot
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January 28, 2014, 09:47:01 AM |
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Not entirely FUD id say but I do sense some vested interest maybe. barter is absolutely fine but when converting/selling to cash due precautions must be taken so as to not violate the law (since there are no laws currently foe btc specifically ) PS : Hey benson same ignore problem I spoke about earlier ... btcindia is now on my ignore list too .. not sure how this ignore thing works Maybe when you ignore others get the same setting passed on or something ..or is it just happening with my profile dunno Never seen anyone so right about my "vested interested". Lol I must say you have a nice sense of humour to take it sportingly ... the reason I said that was because you seemes to be coming down on the post a bit harshly and more importantly also you asking him about BTC volumes about his business .. that seems like wanting to know more than what is usually neccessary .. thats why "vested interest" ... but I'm glad you took it sportingly, appreciate the spirit
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BTCIndia
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January 28, 2014, 04:13:19 PM |
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Not entirely FUD id say but I do sense some vested interest maybe. barter is absolutely fine but when converting/selling to cash due precautions must be taken so as to not violate the law (since there are no laws currently foe btc specifically ) PS : Hey benson same ignore problem I spoke about earlier ... btcindia is now on my ignore list too .. not sure how this ignore thing works Maybe when you ignore others get the same setting passed on or something ..or is it just happening with my profile dunno Never seen anyone so right about my "vested interested". Lol I must say you have a nice sense of humour to take it sportingly ... the reason I said that was because you seemes to be coming down on the post a bit harshly and more importantly also you asking him about BTC volumes about his business .. that seems like wanting to know more than what is usually neccessary .. thats why "vested interest" ... but I'm glad you took it sportingly, appreciate the spirit Humor? I speak straigh from the heart. Sometimes its please other times harsh. Reason, why I highlighted those concerns is obvious. I'm myself worried about interpretation of laws for scope of accepting bitcoin for goods. I was expecting him to reply me back with some warrants(referring laws) justifying, Highcart can accept Bitcoin( only if he engaged someone to guide him before jumping in quicksand of bitcoin). Seems like he's one man army. Well, I'd prefer to wait until my legal adviser reports me with feasibility of Bitcoin acceptance before going live with e-commerce. As far as spirit is concern, I regret my 'spirit of inquiry'. P.S.: Products also matters. And his rates are not at all attractive. Someone must explain him, Bitcoin is gold and if you wish people to buy normal goods for gold then. You must plan accordingly. I'm never gonna buy those mediocre products with Bitcoin knowing btc value will probably be much more in future. Remember pizza case? Hope, I justified why I asked for BTC volume. I doubt Castle bloom so far served anyone for Bitcoin. Same will happen with Highkart.
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He's Nick Sazbo from Washington. I've my answer. Or Hal? :O
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subvolatil
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January 28, 2014, 04:59:38 PM |
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Not entirely FUD id say but I do sense some vested interest maybe. barter is absolutely fine but when converting/selling to cash due precautions must be taken so as to not violate the law (since there are no laws currently foe btc specifically ) PS : Hey benson same ignore problem I spoke about earlier ... btcindia is now on my ignore list too .. not sure how this ignore thing works Maybe when you ignore others get the same setting passed on or something ..or is it just happening with my profile dunno Never seen anyone so right about my "vested interested". Lol I must say you have a nice sense of humour to take it sportingly ... the reason I said that was because you seemes to be coming down on the post a bit harshly and more importantly also you asking him about BTC volumes about his business .. that seems like wanting to know more than what is usually neccessary .. thats why "vested interest" ... but I'm glad you took it sportingly, appreciate the spirit Humor? I speak straigh from the heart. Sometimes its please other times harsh. Reason, why I highlighted those concerns is obvious. I'm myself worried about interpretation of laws for scope of accepting bitcoin for goods. I was expecting him to reply me back with some warrants(referring laws) justifying, Highcart can accept Bitcoin( only if he engaged someone to guide him before jumping in quicksand of bitcoin). Seems like he's one man army. Well, I'd prefer to wait until my legal adviser reports me with feasibility of Bitcoin acceptance before going live with e-commerce. As far as spirit is concern, I regret my 'spirit of inquiry'. P.S.: Products also matters. And his rates are not at all attractive. Someone must explain him, Bitcoin is gold and if you wish people to buy normal goods for gold then. You must plan accordingly. I'm never gonna buy those mediocre products with Bitcoin knowing btc value will probably be much more in future. Remember pizza case? Hope, I justified why I asked for BTC volume. I doubt Castle bloom so far served anyone for Bitcoin. Same will happen with Highkart. BTCIndia you speak like an investor, and in investor speak you are absolutely correct, however you are also completely wrong. The only reason why BTC increases in value is, because of its intrinsic value to be used as a currency. not as an investment. If people will stop using BTC as a currency then BTC will become void, its value will drop like a rock and will actually hold the Tulip crash true. Because BTC can be used as currency people buy it to be able to use it. Highkart has put in a good number of work in his site design, and a lot of products which is a good thing ( Dont know about operation or warehousing or procurement strategies so can comment on it). If he manages his business properly and makes it convenient for people to buy from his site rather than flipkart or ebay, then he will make sure that Bitcoin in india will flourish, it will be one stepping stone for having more service and goods transact using bitcoin. The more people uses bitcoin to do transaction, the more the value of Bitcoin goes higher. I can give you examples of alot of thing where in people spent bitcoin on trivial things and now when you look at it, it may look like a waste. That is how the bitcoin economy works. It's not a traditional Inflationary economic, but rather the opposite. If i had kept all my bitcoin from the early day i could have retired by now, but i did not. Instead used the btc to promote its growth and buy thing i needed.
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highkart (OP)
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January 29, 2014, 05:07:55 AM |
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Thank you subvolatil for the solidarity shown. We will do our best to help the Bitcoin community flourish. We want to keep our operations as simple as possible for everyone to use. Hopefully, that will draw customers to us.. Do let us know if you have any inputs on how we can better our services/ operations. Suggestions/ feedback will be most welcome!
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BTCIndia
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January 29, 2014, 09:10:08 AM |
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Not entirely FUD id say but I do sense some vested interest maybe. barter is absolutely fine but when converting/selling to cash due precautions must be taken so as to not violate the law (since there are no laws currently foe btc specifically ) PS : Hey benson same ignore problem I spoke about earlier ... btcindia is now on my ignore list too .. not sure how this ignore thing works Maybe when you ignore others get the same setting passed on or something ..or is it just happening with my profile dunno Never seen anyone so right about my "vested interested". Lol I must say you have a nice sense of humour to take it sportingly ... the reason I said that was because you seemes to be coming down on the post a bit harshly and more importantly also you asking him about BTC volumes about his business .. that seems like wanting to know more than what is usually neccessary .. thats why "vested interest" ... but I'm glad you took it sportingly, appreciate the spirit Humor? I speak straigh from the heart. Sometimes its please other times harsh. Reason, why I highlighted those concerns is obvious. I'm myself worried about interpretation of laws for scope of accepting bitcoin for goods. I was expecting him to reply me back with some warrants(referring laws) justifying, Highcart can accept Bitcoin( only if he engaged someone to guide him before jumping in quicksand of bitcoin). Seems like he's one man army. Well, I'd prefer to wait until my legal adviser reports me with feasibility of Bitcoin acceptance before going live with e-commerce. As far as spirit is concern, I regret my 'spirit of inquiry'. P.S.: Products also matters. And his rates are not at all attractive. Someone must explain him, Bitcoin is gold and if you wish people to buy normal goods for gold then. You must plan accordingly. I'm never gonna buy those mediocre products with Bitcoin knowing btc value will probably be much more in future. Remember pizza case? Hope, I justified why I asked for BTC volume. I doubt Castle bloom so far served anyone for Bitcoin. Same will happen with Highkart. BTCIndia you speak like an investor, and in investor speak you are absolutely correct, however you are also completely wrong. The only reason why BTC increases in value is, because of its intrinsic value to be used as a currency. not as an investment. If people will stop using BTC as a currency then BTC will become void, its value will drop like a rock and will actually hold the Tulip crash true. Because BTC can be used as currency people buy it to be able to use it. Highkart has put in a good number of work in his site design, and a lot of products which is a good thing ( Dont know about operation or warehousing or procurement strategies so can comment on it). If he manages his business properly and makes it convenient for people to buy from his site rather than flipkart or ebay, then he will make sure that Bitcoin in india will flourish, it will be one stepping stone for having more service and goods transact using bitcoin. The more people uses bitcoin to do transaction, the more the value of Bitcoin goes higher. I can give you examples of alot of thing where in people spent bitcoin on trivial things and now when you look at it, it may look like a waste. That is how the bitcoin economy works. It's not a traditional Inflationary economic, but rather the opposite. If i had kept all my bitcoin from the early day i could have retired by now, but i did not. Instead used the btc to promote its growth and buy thing i needed. After peeling layer by layer.. I reached conclusion that Bitcoin ultimately was innovation in 'Payment System'..asset, currency.. etc all being sub-sets. Seems like, I've developed habit of being wrong. I'd prefer to stay 'wrong' until next century. P.S.: I literary beg Higcart to update us(community/me) whenever executes first trade in btc.
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He's Nick Sazbo from Washington. I've my answer. Or Hal? :O
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Benson Samuel
Legendary
Offline
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
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January 29, 2014, 09:16:35 AM |
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A little birdie told me that trades have been executed and Highkart has shipped.
Will request if they can post a shipping confirmation or something as such.
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BTCIndia
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January 29, 2014, 09:44:26 AM |
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A little birdie told me that trades have been executed and Highkart has shipped.
Will request if they can post a shipping confirmation or something as such.
That's great! But, still I doubt its 'fixed' one. Because, I remember a story from past, where someone paid Meetup bills in Bitcoin. I'm sure, the day my e-commerce goes live, I'll trade worth 10-20 bitcoins.... no..no 30 is sensational. Lets take advantage of anonymity.
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He's Nick Sazbo from Washington. I've my answer. Or Hal? :O
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highkart (OP)
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January 29, 2014, 11:32:46 AM |
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A little birdie told me that trades have been executed and Highkart has shipped.
Will request if they can post a shipping confirmation or something as such.
Well Yes!! We are proud to announce that trades have commenced and we have shipped our first order and are in the process of shipping the rest that have come through so far. We would like to thank our patrons who have started using our services. Cheers to all the Bitcoiners!!
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BTCIndia
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January 29, 2014, 12:41:05 PM |
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A little birdie told me that trades have been executed and Highkart has shipped.
Will request if they can post a shipping confirmation or something as such.
Well Yes!! We are proud to announce that trades have commenced and we have shipped our first order and are in the process of shipping the rest that have come through so far. We would like to thank our patrons who have started using our services. Cheers to all the Bitcoiners!! Are you liquidating or stockpiling?
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He's Nick Sazbo from Washington. I've my answer. Or Hal? :O
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