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Showing 20 of 24 results by Solutionbenedicts
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Topic
Board India
Re: Koinex Review
by
Solutionbenedicts
on 24/10/2017, 00:56:17 UTC
The removal of irrational charges for petty things like kyc and passwords changing shows a margin of improvement and understanding. About low trade flow.. It's all about acceptance.. The more the people get to know and accept to reap its benefits especially the new users who want to change their INR/BTC or INR/ETH, the liquidity will go down the drain.
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Board Altcoin Discussion
Re: What is it about WAVES?
by
Solutionbenedicts
on 07/09/2017, 12:55:16 UTC
Waves is a beautiful venture.. And the way it's taking over the world at large speaks volumes.. It's key features that strengthen it are.. 1. A Decentralized exchange built for decentralized asset.. (Wavesdex)
2. Easier smart contracts than with ETH.. 3. Freedom to create your own crypto tokens ideal for ICOs and crowdfunding  4. Fiat gateways allowing transactions with real money ( USD/EUR)
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Board Altcoin Discussion
Re: BEST NEWCOMER COIN IN THE LAST FEW MONTHS!! CAST YOUR VOTE!!
by
Solutionbenedicts
on 07/09/2017, 10:00:04 UTC
It doesn't need much skill to spot the difference between a post that contains appreciation for the virtues in a project and a spam promotion.. Deeponion coin community members should refrain from their disruptive posts that do not refer to the subject cited above, on multiple threads like the current one.  Sad
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Topic
Board Bitcoin Discussion
Re: Hotels accepting bitcoin
by
Solutionbenedicts
on 07/09/2017, 09:22:18 UTC
Although it's very unlikely for a hotel management to accept bitcoin as the means of payment for its services as they would not be a fixed price to pay and will be daily fluctuations in the amount to be paid for a room or other particular service.. However it's a welcome step if any such decision has been taken.. This will impact the liquidity of bitcoins and help in establishing the currency even more..
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Topic
Board Altcoin Discussion
Re: best ICO to invest in
by
Solutionbenedicts
on 06/09/2017, 18:33:04 UTC
Choosing from the limited options you've provided id go for kicking.. It would establish another blockchain based platform for crowdfunding.. It claims to sort out matters of thievery, cut down fraudulent ICOs.. Have full hope it'll bear fruits. Thanks.
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Topic
Board Altcoin Discussion
Re: XRP is the best crypto safe haven?
by
Solutionbenedicts
on 03/09/2017, 22:39:15 UTC
XRP is currently the most underrated currency in the top 4 Crypto market currencies. XRP a must buy this September... Prices gonna surge upwards shortly.. Mind you it's solely an investment scheme..
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Topic
Board India
Re: Buying Antminer L3+
by
Solutionbenedicts
on 03/09/2017, 14:17:56 UTC
It's a highly unrealistic deal for a price that is too good to be true.. It's all a sham... To get an antminer L3+ (504MH/s) you'll have to cough up around 2 lakhs at minimum.
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Topic
Board Altcoin Discussion
Re: What are the most exciting new altcoins?
by
Solutionbenedicts
on 15/08/2017, 18:16:35 UTC
Stratis (STRAT)  is currently one of the top 10 cryptocurrencies on CoinMarketCap. This powerful Blockchain development platform has a unique feature - it offers the ability to code native decentralized apps in C#. It opens up a number of possibilities for developers.
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Board Altcoin Discussion
Re: Why do you invest in ICOs?
by
Solutionbenedicts
on 15/08/2017, 07:10:05 UTC
At the end of the day, there will be some ICOs that should be absolutely avoided. A conservative strategy is 99% of all ICO could be junk. Do your due diligence and learn how to sniff out the 1%. Investors who have bought coins at the ICO price have been rewarded generously by the companies in question In the next year there will be more and more ICO offerings coming out every month as this technology becomes more mainstream, so it will be become more difficult to filter out the riffraff and find the cryptocurrency firms with the most potential.
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Topic
Board Bounties (Altcoins)
Re: Translators needed for the new ICO
by
Solutionbenedicts
on 11/08/2017, 17:20:21 UTC
Hi there.. Would like to help you with all sorts of English to Hindi translation services.
Have studied the language till higher studies and am confident with it.  Cheesy
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Topic
Board Altcoin Discussion
Re: How big will the ETH blockchain be at the end of 2017
by
Solutionbenedicts
on 11/08/2017, 08:29:25 UTC
Ethereum overtook Bitcoin in terms of blockchain size in around February 2017, according to the stats, when both were around 130 GB.

Not just that, according to some comments on twitter the problem of ‘Blockchain bloat’ would be “compounded” by the fact that the free-for-all nature on Ethereum-linked wallets meant that many users had a considerable number of them.

A wide range of altcoins are based on the Ethereum blockchain, many of which continue trading activity with the completion of various ICOs.

Continued upward trajectory could see the biggest altcoin’s blockchain hit one terabyte before 2018, making syncing very difficult to carry out.
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Topic
Board Meta
Re: TIL Activity does not work on precisely 2 week intervals + interval timings
by
Solutionbenedicts
on 10/08/2017, 06:42:40 UTC
A bundle of thanks to the one who invested his time and effort into posting the spreadsheet... Would save people from spamming posts unnecessarily but it is discouraged to post to increase your activity alone...  Gaining information and knowledge from this platform should be your goal... And for that 14 posts in 2 weeks is not adequate.. :')
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Board Speculation (Altcoins)
Re: Is it too late to buy NEO?
by
Solutionbenedicts
on 10/08/2017, 06:29:58 UTC
The price predictions of NEO is indeed very strong... Although the current price stands close to approximately 22$, you could still consider buying it as a feasible option.. As it's price is expected to boom up soon.. A 100$ coin it is... Buy some now if you must, also keep a watch in mind any dip to below 18 and you must invest liberally then...
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Topic
Board India
Re: Any Views On New Emerging Bitcoin Cash (BCH) !!!!!
by
Solutionbenedicts
on 10/08/2017, 05:50:33 UTC

The present status of BCH/BCC looks superficially strong being in the top 5 currency in the market cap.. Number 4 on bitfinex, one of the very few exchanges offering a market to this crypto coin.
 
But the fact being its extremely low liquidity due to users outside the exchanges unable to access to it makes it a herculean task to sell.

So essentially, people are in a wait to get access to their bch amounts and dispose it away as its estimated to be overvalued...

This will cause more depreciation in its value..
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Topic
Board India
Re: People pay your Taxes
by
Solutionbenedicts
on 10/08/2017, 05:17:58 UTC
Looking at the ground reality,  people, bitcoin in India still remains unregulated... The only thing we have in our hands is rumors... It is most unlikely the government will accept bitcoin as a conventional currency so it is likely to be an asset however we have no confirmatory words on that..
The amibiguity over the intent or purpose of bitcoins determines the tax you are liable to pay is naive... While traders having gains above a specified threshold have to pay 'income tax' derived from their business... If the intent is to buy and invest bitcoins in a venture... Capital gains are implied..
Even Under capital gains, there are two aspects:

Short-term capital gains is taxable as per relevant Tax-slab, which is 30% on income more than Rs 10 lakh.

Long term capital gains tax is 20%, but the time-period for investment should be at least 12 months. Hence, if a bitcoin trader holds his investment for a year, then it can be legally classified as long-term capital gains.

It's worthless to fuss about unless some guidelines and framework for taxation gets implemented..
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Topic
Board India
Re: i am selling Antminers In INDIA
by
Solutionbenedicts
on 10/08/2017, 04:09:43 UTC
how much price d3

OP was online yesterday and did not reply to any of the queries and so this means that he does not want to sell it or he does not have any currently available to him right now.Better locking this thread if you don't have anything to sell.

I agree with you, i was the first person to ask the price but still i have not received any details about the product and its price. If he was willing to sell then would have responded immediately.

Guess you're right... Was about to ask my queries here then read your posts.. Maybe the guy just had a change of thought.. He's using em up himself or maybe the products are subpar stand.. Whatever the scenario.. The thread should have been locked to prevent spamming of posts...
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Board Altcoin Discussion
Re: Do you still support Ethereum?
by
Solutionbenedicts
on 09/08/2017, 07:29:50 UTC
Nobody knows for sure, will the prices drop or soar that’s the truth. But personally I feel Ethereum has a lot of potential applications, brilliant technology and solid backing team, so it’s possible that prices will rise a lot more from where they are.
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Board Speculation (Altcoins)
Re: Is it worth to buy Waves now?
by
Solutionbenedicts
on 09/08/2017, 05:28:14 UTC
There are multiple ways of buying Waves with Bitcoin

and fiat.

You can use the Waves decentralized exchange or

even buy Waves with your credit card through the

liteclient app available in the downloads section at ,

https://wavesplatform.com/downloads.html

although only 50 USD can be purchased at

the moment.
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Topic
Board Speculation (Altcoins)
Re: Is it worth to buy Waves now?
by
Solutionbenedicts
on 09/08/2017, 05:13:37 UTC
hey guys,im newb with crypto and im interested on buying some waves to star my trip into cryptos, do you know a site where i could buy waves for $ or can only be obtained by changing btc?


Fiat Gateways such as USD/EUR/CNY will allow you

to exchange any token issued on the Waves platform

(or any other cryptocurrency like BTC/ETH) for “real”

money, which can be deposited in a bank.
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Topic
Board Altcoin Discussion
Re: BitcoinCash is dead
by
Solutionbenedicts
on 09/08/2017, 04:56:36 UTC
The present status of BCH looks superficially strong being in the top 5 currency in the market cap.. Number 4 on bitfinex, one of the very few exchanges offering a market to this crypto coin.
But the fact being its extremely low liquidity due to users outside the exchanges unable to access to it makes it a herculean task to sell.
So essentially, people are in a wait to get access to their bch amounts and dispose it away as its estimated to be overvalued...
This doesn't makes it so worthless either, just like the example of ethereum classic after the fork, it had risen from $1 to approx. $15 per ETC.. But still is in the hindsight compared to ethereum..