Even i m with but, what if i say i got secret santa gift this year was actually Bitcoins, Now i am wondering whether to Hodl it or not, But recovery imminent.
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BoardIndia
India to Legalize Cryptocurrencies
by
Elli022
on 27/12/2018, 07:14:19 UTC
A governmental committee in india has suggested that cryptocurrency should be legalized in india.
Crypto to get finally some legitimacy in India
* Cryptocurrrencies are neither legal or illegal * The government and RBI has always expressed displeasure * The committee set up to study cryptos favors regulation over banning.
In october 2018, the govt. said it was considering the ban of use of private cryptocurrencies in india but the hope in a ray was govt. official submitted affidavit in November in case filed by the Cryptocurrency exchanges. Due to this the authorities have to choose between a ban or regulation
This came soon in after G20 countries took major step of agreeing to regulate cryptocurrencies to counter financial terrorism and money laundering which is in the line with recommendations of Financial Action Task Force. Also other finance ministry officials to G20 and FATF recommendations are likely to add value in the committee final report.
In past 24 hours. The prices of both Bitcoin and Ethereum has now fallen by more than 3% in U.S. Dollar. 1. Bitcoin price drop in daily peak, this dominant cryptocurrency is actually down six percent. BTC at its low in daily volume in steep sell off or 5% to 10% thus tends to see an increase in daily volume.
2. The Ethereum price has experience in similar trend as well as Bitcoin. ETH has dropped $2billion to $1.6 billion by more over 20%.
Is Bottom Far from here?-- Bitcoin
What happen to tokens if ETH drops 35% more?
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BoardAlt Coins (India)
Waves market beats all the expectations!
by
Elli022
on 05/12/2018, 13:23:43 UTC
Waves beats market expectations and surges 50% on its mobile wallet rollout, I am certainly keeping eye on their moves and soon they might enter in top 10.
Hi , as i have noticed, that many have now started actively purchasing and selling Bitcoins using your bank accounts. so now i will strongly advise, you to keep records of all transactions occurring in INR , weather it is in cash or online. These are necessary when you file in your returns next year,and the amount you pay for tax. Remember all bank transactions will always go through the RBI before arriving to the destination account so all records are kept. and Tax envision is a serious crime. So please do follow the practice of proper tax payment.
I want all of you to please follow the practice of paying your taxes and following the Tax laws properly. this atleast, will ensure that our little community is law abiding and working towards the progress of a free and decentralized community .
Thanks for your this advice, looking forward to pay all taxes on time and to keep all the records,Also thanks for making it easy to understand,
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BoardIndia
Bitmain Launches New Cryptocurrency!
by
Elli022
on 04/12/2018, 12:52:09 UTC
Bitmain launches a new cryptocurrency index fund. Its a great move that could attract more institutional investors to cryptocurrencies.
What are your views on this
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BoardTrading Discussion
Re: Trading
by
Elli022
on 03/12/2018, 12:35:37 UTC
It depends on the Trading trend what is going on, you can hodl it when needed also strt trading when it goes up!
I'm in India currently and we have just discussed this topic at a blockchain meetup in Mumbai today. Absolute number is high, but the problem is if you look relative to population, India is nowhere near top 5. This is clear from the report: https://www.dappros.com/201809/blockchain-developers-worldwide-stats-absolute-vs-relative-to-population/ if you scroll down to "Table 2: Blockchain developers worldwide by country (relative to population)"
So we need to contribute to ecosystem and educate more DLT / blockchain developers in India (as well as globally).
Also we are preparing another report which is actually focused on India data so let me know if you have any requests or suggestions regarding what you'd like to have covered there.
My Pleasure phwizard always up! with all the updates related to Blockchain 😇
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BoardIndia
Re: Bitcoin Prediction
by
Elli022
on 29/11/2018, 10:54:24 UTC
Now bitcoin appears to on the verge of a rebound as it breaks the $4200 threshold. Probably the best time to invest.
What are your views??
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BoardOff-topic
What is the greatest thing that happened to you using cryptocurrency?
by
Elli022
on 28/11/2018, 11:42:22 UTC
My is i learned to trade with P2P marketplaces & and also lose bunch of money in start.
Kindly, Share your thoughts too
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BoardIndia
Bitcoin Prediction
by
Elli022
on 27/11/2018, 11:37:38 UTC
What does your speculation say? What will be Bitcoin's bottom out value? Will it be at $3000 - $4000 or It will go to the Moon!!
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BoardIndia
Bitcoin Is everywhere
by
Elli022
on 26/11/2018, 12:54:42 UTC
Bitcoin is the most talked topic in recent days all the platforms related crypto are talking about its price, news, discussion and everything.
What are your views on bitcoins ups & downs??
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BoardIndia
Karnataka Government is working for crypto!
by
Elli022
on 24/11/2018, 08:00:23 UTC
India's social welfare minister Priyank Kharge has revealed that karnataka govt. Is working on setting up an innovation authority with the aim to protect consumer friendly technology business that is operating in grey area. So for india it is a positive sign for crypto.
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BoardIndia
Re: Should Bitcoin be banned in India?
by
Elli022
on 23/11/2018, 10:15:51 UTC
No crypto will be not bann in India, firstly it is not run by any govt. authority secondly it us the future of digital currency so it will not ban, till now it is not legal but it id also not illegal...
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BoardIndia
Good News For Blockchain Developers in India
by
Elli022
on 22/11/2018, 07:54:36 UTC
Crypto Study release recently done by UK based blockchain consulting Firm name Dappros result is 1.USA & 2. India as the highest number of blockchain developers, Keep going India😇
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BoardIndia
Re: Is there any future of Cryptocurrency in India ?
by
Elli022
on 21/11/2018, 12:45:10 UTC
Cryptocurrency in india may become clearer when the regulations dtaft will released next month. the new regulationsls will be enforced in 2019. Till then hoping best for indian crypto future
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BoardIndia
D-Day for Indian Crypto
by
Elli022
on 20/11/2018, 10:24:48 UTC
The Indian govt. is not comfortable in making its stance in crytocurrency public as yet.. let see what D-day has in store for Indian Cryptocurrency Community.
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BoardSpeculation (Altcoins)
Re: XRP - Ripple is back with a bang !
by
Elli022
on 19/11/2018, 11:59:50 UTC
Ripple to the moon, the prices are super cool.and they will stay at no.2 position alwys.
