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Author Topic: Bitcoin in India  (Read 8424 times)
spndr7
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August 20, 2012, 02:42:44 AM
 #41

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You might find a digital currency exchange where you can then buy Liberty Reserve or something and convert that to bitcoin. It probably isn't easy or cheap.  Here's one (which I know nothing about):

 - http://www.sitepanel.in/buy-now.html


Got my payment of LR within 3 hours on sunday,the only thing bad about it is that it costs 66 INR/USD for smaller amounts.

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wisard
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September 08, 2012, 01:43:33 PM
 #42

Does anyone here already tried to buy coins using MrBitcoins ?
Is it reliable ?
Is there other easy ways to buy bitcoin in India ?

If you're from Mumbai, then we can meet in person and I can sell bitcoins to you for cash.
No transfer fees or anything like that.

Buy me a beer or 2 if you enjoy my posts. BTC address: 1976Nb5u1T2haoxSZnJgHaemHYYtgKmTsU
labestiol
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September 08, 2012, 01:50:57 PM
 #43

Does anyone here already tried to buy coins using MrBitcoins ?
Is it reliable ?
Is there other easy ways to buy bitcoin in India ?

If you're from Mumbai, then we can meet in person and I can sell bitcoins to you for cash.
No transfer fees or anything like that.

Thanks but it is for a friend in Hyderabad.
And she's not yet convinced anyway  Sad

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minorman
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September 17, 2012, 07:02:30 PM
 #44

I just saw this blog:

https://bensonsamuel.wordpress.com/2012/09/09/bitcoin-reaching-india-why-is-it-so-important/
https://bensonsamuel.wordpress.com/2012/09/15/bitcoin-in-india-2/

Apparently things are looking better and better for bitcoin in India. Exchange support is growing:
https://www.mrbitcoins.com/

If Bitcoin (finally) were to catch on in India, it would be fantastic!

Watching closely.

“Banking doesn’t involve fraud, banking IS fraud.”
- Tim Madden
minorman
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September 17, 2012, 07:42:05 PM
 #45

Oh - and there is now an Indian subforum on bitcointalk!
https://bitcointalk.org/index.php?board=89.0

“Banking doesn’t involve fraud, banking IS fraud.”
- Tim Madden
pankaj.pb01
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May 17, 2016, 07:17:32 AM
 #46

I have seen some India investors looking at Bitcoin...Its only a matter of time.


hey there, If you find any investors looking for bitcoin in india, then contact with me.





ElpadroBitcoin
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May 17, 2016, 07:48:39 AM
 #47

That's not really strange that there are not many bitcoins users in india. That's because there is no good internet
connection and there are not enough Indians  who use bank accounts so they can't get any coins.
davinchi
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May 17, 2016, 02:25:18 PM
 #48

I have seen some India investors looking at Bitcoin...Its only a matter of time.


hey there, If you find any investors looking for bitcoin in india, then contact with me.






Necro post? Why did you both bring it up? The last post is nearly 4 years ago for (insert deity here, just being neutral)'s sake. Now everyone's going to start bumping this thread unless op locks it up which is nearly unlikely since last activity from OP is around 4 months ago, or a mod takes action to this thread.

Coinroll - Bitcoin Dice

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fkvidar
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May 17, 2016, 02:27:55 PM
 #49

That's not really strange that there are not many bitcoins users in india. That's because there is no good internet
connection and there are not enough Indians  who use bank accounts so they can't get any coins.

No I don't think so, Internet is not an major issue in India now, it is accessible everywhere, no doubt its expensive in compare to other countries, but youth of the country are using bitcoin and I am one of them.
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May 17, 2016, 02:44:28 PM
 #50

That's not really strange that there are not many bitcoins users in india. That's because there is no good internet
connection and there are not enough Indians  who use bank accounts so they can't get any coins.

This is not true. there is a large amount of bitcoin users from India. and everyday coming more people to bitcoin from India.. the Indian Section of this forum can prove it. and even lots of people who using bitcoin they are not in this forum. so we can't really know how many users from India using bitcoin.
and India's Internet is not that much slow. we are in 4G World. and we have a good quality internet in India.
BitsandBites
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May 17, 2016, 02:56:58 PM
 #51

Bitcoin is becomign more and more popular in the world so I am sure that there are some people in India that make use of Bitcoin. You can see Bitcoin as a global currency because it does not matter were you are from anybody can use it.
manav1112
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May 17, 2016, 02:59:08 PM
 #52

That's not really strange that there are not many bitcoins users in india. That's because there is no good internet
connection and there are not enough Indians  who use bank accounts so they can't get any coins.

I think this is really racist to say out of 1.2 billion there wont be enough..
CoinSiteDesigner
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May 17, 2016, 05:12:25 PM
 #53

Necro post? Why did you both bring it up? The last post is nearly 4 years ago for (insert deity here, just being neutral)'s sake. Now everyone's going to start bumping this thread unless op locks it up which is nearly unlikely since last activity from OP is around 4 months ago, or a mod takes action to this thread.

Shit just got real. lol Cheesy

That's not really strange that there are not many bitcoins users in india. That's because there is no good internet
connection and there are not enough Indians  who use bank accounts so they can't get any coins.

That is a pure bullshit, you're talking shit to a dead thread which was posted back in 2012. At that time, there were not many people are aware of bitcoin until the december when it rised to $1000.

and for your information, india is getting better day by day. I have 100MBPS connection and I pay around 35USD.

Not enough indians who who bank accounts? From where did you get all this miscalculations?

Where are you from?  Undecided
raphma
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May 17, 2016, 06:30:13 PM
 #54

That's not really strange that there are not many bitcoins users in india. That's because there is no good internet
connection and there are not enough Indians  who use bank accounts so they can't get any coins.

No I don't think so, Internet is not an major issue in India now, it is accessible everywhere, no doubt its expensive in compare to other countries, but youth of the country are using bitcoin and I am one of them.

but india have cheap energy right? so at least for mining it would be a great place with a nice profit.
I think it's just matter of time to bitcoin catch in india, and they might be the next china.

Corenin
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May 17, 2016, 06:38:23 PM
 #55

That's not really strange that there are not many bitcoins users in india. That's because there is no good internet
connection and there are not enough Indians  who use bank accounts so they can't get any coins.

No I don't think so, Internet is not an major issue in India now, it is accessible everywhere, no doubt its expensive in compare to other countries, but youth of the country are using bitcoin and I am one of them.

but india have cheap energy right? so at least for mining it would be a great place with a nice profit.
I think it's just matter of time to bitcoin catch in india, and they might be the next china.


Yeah India is really developing fast and there is best opportunity for bitcoin, even if small portion of population starts using bitcoin then it will add more value to user adoption.
jak3
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May 17, 2016, 06:38:37 PM
 #56

i am from india and i dont agree with the point that many indians dont have a bank account i will say that all mostly 99% of us have bank accounts but i think thats the main problem for our slow growth. peoples here just trust banks but very less humans do any kind of busness related stuffs. some what like 10-20% indians from the total. its really week but still i am happy that we are building our networks day by day

yenxz
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May 17, 2016, 07:07:22 PM
 #57

I have seen some India investors looking at Bitcoin...Its only a matter of time.


yes that's right,i ever chat with people fromindia,and he was bitcoin holder,and want to earn bitcoin from any task,if india still have problem with bitcoin,i think its just matter of time,soon they will stand same with Philipine or indonesia,or maybe china.
toy4lov3rs
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May 17, 2016, 09:42:25 PM
 #58

I have seen some India investors looking at Bitcoin...Its only a matter of time.


yes that's right,i ever chat with people fromindia,and he was bitcoin holder,and want to earn bitcoin from any task,if india still have problem with bitcoin,i think its just matter of time,soon they will stand same with Philipine or indonesia,or maybe china.

Yeah India is a strong country and really on developing stage, and I think many people are aware about bitcoin and they are using it too.

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May 17, 2016, 10:17:40 PM
 #59

The lack of adoption in India might be similar to the lack of adoption in Venezuela. It's not about the skills of the people or if they are tech-savvy or not. I think it's mainly an acquisition problem: Everybody wants Bitcoin, but nobody wants inflationary Rupees / Pesos. So, who will sell Bitcoin to the people there?

Another reason could be that people can't use it to buy goods they need and a lot of people (of cause not all) in India / Venezuela might have not enough money to play around with cryptocurrencies - they need the funds to survive.

ya.ya.yo!

 

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opossum
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May 17, 2016, 10:21:22 PM
 #60

Bitcoin is getting  popular in India and many people are using it too, its just a matter of time and there will be huge user adoption in future.
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