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Showing 20 of 28 results by buddhasource
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Topic
Board Development & Technical Discussion
Re: Send Bitcoin from 1 address to multiple addresses with one transaction
by
buddhasource
on 25/04/2025, 04:22:14 UTC
I would also recommend Payram.com for such mass payout orchestration.
Post
Topic
Board Service Discussion
Re: [List] Bitcoin Payment processors
by
buddhasource
on 09/04/2025, 11:00:01 UTC
Would like to add this to the self-hosted list. ⚡️PayRam

Supports multicoin
- Bitcoin
- USDT
- USDC
- TRX
- SOLANA

Fees - NA

Setup documents link

Supports, smart wallet sweeps.
Built in referral / affiliate tracker and payouts
User withdrawals ( Ideal for forex and igaming merchants)
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Topic
Board India
Re: How to Buy Bitcoins in India without Getting Scammed
by
buddhasource
on 16/03/2020, 03:49:09 UTC
You can now use WazirX to directly deposit and withdraw INR.
Banking channels have opened up.

I am one of the co-founder of WazirX and we are working hard to make things more instant this week.
Post
Topic
Board Press & News from India
Re: Binance acquires Wazirx to offer Fiat to Crypto Gateway
by
buddhasource
on 16/03/2020, 03:45:28 UTC
Now you can use direct deposit and withdrawals on WazirX.

We are making things more instant, with the new Binance <> WazirX integration you can move money faster to and from Binance market.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]CropBytes- TRON Based Virtual Farming Game
by
buddhasource
on 21/07/2019, 04:20:41 UTC
I have been playing this game for a week. I must say this a promising start, the community is far better than others and they have been building since a year. These days you can't trust any dev team.

The game is simple but would be better to have a tutorial for all of the started. I have now deposited 100,000 TRX and buying some assets as an investment. I will invest some of the fund and rest will use for trading assets.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]CropBytes- TRON Based Virtual Farming Game
by
buddhasource
on 17/07/2019, 11:22:28 UTC
I strongly believe that Game will evolve in the cryptocurrencies era.

Instead of paying money to devs, now with cryptocurrency, you can earn by playing.
CropBytes is a good project, keep building the in-game ecosystem to help players earn crypto while they play the game.
Post
Topic
Board India
Re: List of P2P Exchange in India
by
buddhasource
on 07/06/2019, 02:48:55 UTC
Yes, WazirX is the best and ran by experienced folks.

- Nischal Shetty
- Sameer Mhatre
- Siddharth Menon
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Topic
Board India
Re: Best indian Peer to Peer or Fiat Exchange
by
buddhasource
on 07/06/2019, 02:43:36 UTC
Yes "Gods own country" Wink, i will tell you this, it is not illegal to run crypto based business ..
Then you are misinformed. According to RBI rules no business is allowed to commercially exchange cryptos for Indian fiat. Ask the Unocoin guy. Or the Koinex team or even Zebpay.
How can you run a business with something that is not recognized as a form of payment? You can't pay taxes, the Tax dept would be out to get you and you'd be fucked.
So how do you think Wazirx is running their business, rules and regulations have interpretations and people will find a way that will not directly break the law, if the regulations says that dealing with virtual currencies is illegal and there will be consequences if you overcome that restrictions, then there is a major problem and you might even go to jail for dealing with virtual currencies. Unocoin, Koinex and Zebpay have registered their business with the Indian government and no one will dare to overcome those restrictions even with the interpretations as they might end up in trouble, look at Zebpay now they started their business again as they registered outside and that is the case with Wazirx, you cannot find any detailed information about them, i know they are running from India and they are not having any licence to run the platform in India, if these sort of restrictions are implemented we will see more exchanges popping up in the dark.
  
So the main thing the government has to understand is that, whether they need to have a grip on the situation by allowing registered companies running the platform and the government can monitor the activities or drive everyone underground as you really cannot restrict anyone dealing with virtual currencies.

@legendster, hopefully you understood the difference between illegal to use and restrictions to banks dealing with companies dealing with virtual currencies.


Please understand RBI and Govt are two different entity. Currently, RBI has banned its licensed banks to deal with entities that deal in crypto. RBI notice was to the bank & not to the citizen. So crypto is not illegal under the law even though everyone perceives it because of the ban by banks. Also, this is the case in many counties where Banks don't allow or are not comfortable dealing with entities that deal in crypto. I mean why not? the war is against Cryptocurrency vs Fiat.

So try to spread the right information, setting up the company outside does not mean you can do criminal activities in India, it just makes it easy to have foreign money via VC. Most of the Indian startups including Flipkart are registered outside for the same reason.

Cryptocurrencies are currently treated as digital assets, it is like buying and selling a piece of software and in the crypto world, we consider as an equivalent of currency.
Post
Topic
Board Jual Beli
Re: WazirX launches P2P for Indonesia. Deposits & withdraws funds for free.
by
buddhasource
on 23/05/2019, 09:25:36 UTC
AirDrop of 100 WRX on your first trade

saya baru saja buka website WazirxX tapi saya malah tidak melihat market untuk WRX?



I just visit the website but i don't see any market for WRX

Preparation of ICO is going on, once done it will be unlocked in stages for all.
All the details will be announced later this year.
Post
Topic
Board Wallet software
Re: Best way to store physical copy of Key weather & tamper proof
by
buddhasource
on 21/05/2019, 04:09:52 UTC
The best solution is to keep it by a piece of paper, but if you are afraid, I recommend you choose one of these methods:

 - https://cryptosteel.com/
 - https://secretsteel.com/

There are some algorithms that encode words in the form of images but I do not recommend them.

This I think is the best solution so far.

Post
Topic
Board Bahasa Indonesia (Indonesian)
Topic OP
WazirX launches P2P for Indonesia. Deposits & withdraws funds for free.
by
buddhasource
on 21/05/2019, 04:06:56 UTC
Hey, guys WazirX recently launched P2P for Indonesia.


USDT IDR market https://wazirx.com/p2p/USDT-IDR
More features click here

A free and fast way to convert IDR to crypto, deposits, and withdrawals are fast.


How does Indonesia WazirX P2P works?


PLACE A BUY ORDER
  • Remember first buy order is limited to 15 USD, so that you get a hang of things
  • When you will be matched with a seller you will get a notification and email
  • Pay each seller to their bank and hit I have paid. Do not hit I paid without actual payment to avoid getting banned
  • Once you hit I have paid, the seller will confirm the payment as soon as they get it.
  • You will get USDT in your account and now you can buy BTC ETH or any other coin

PLACE A SELL ORDER
  • Add your bank details
  • Once your sell order is matched against buyer you can see in the interface
  • Once the buyer makes a payment you will be notified on mobile and email
  • Verify your bank statement for the exact payment
  • After you have cross-checked the amount received then click on "Yes I have received " the payment button.
  • NEVER confirm without getting the money in bank


AirDrop of 100 WRX on your first trade
Post
Topic
Board Bitcoin Discussion
Re: Best way to store physical copy of Key weather & tamper proof
by
buddhasource
on 08/05/2019, 13:46:42 UTC
The other option is to keep them safe in lockers.

The objective is if the key secret has been tampered with then physically we should know, as a tamper seal.
Post
Topic
Board Bitcoin Discussion
Topic OP
Best way to store physical copy of Key weather & tamper proof
by
buddhasource
on 08/05/2019, 11:03:36 UTC
Hey guys,

So we have some multi-sig wallets for which I own one key and some other folks in my family own rest.
I wanted to keep the coins secured and store the keys away from each other such that it is weatherproof and you have to break it to see the paper key.

The key can be seed to Ledger.

I was considering sealing the paper in epoxy and add a paint layer which you have to scratch.
If there is already some solution then please guide me.
Post
Topic
Board India
Re: List of exchanges in India [updated]
by
buddhasource
on 14/03/2019, 10:52:44 UTC
Guys I want to know which p2p exchange will be best for without any price different between sale and buy, because of I was using localbitcoins from past one and half years but there is lot of difference between sailing and buying price so please suggestion any good p2p Exchange without any price difference.

Simply use WazirX P2P, it has a trading interface and high liquidity. You can easily sell 10 BTC in a few hrs.
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Topic
Board Economics
Re: What will happen to Bitcoin if there is a global economic crash?
by
buddhasource
on 09/11/2018, 11:34:29 UTC
Important things to consider.

1. When the economic crash happens, fiat/currency will become cheap.
2. Bitcoin is a currency or asset? If it is seen as currency then it will fall faster. If it is seen as asset fiat will become cheaper against it.

Increasing the price.
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Topic
Board Economics
Re: What will happen to Bitcoin if there is a global economic crash?
by
buddhasource
on 02/11/2018, 10:32:47 UTC
So if Bitcoin price charts follow stock price charts, that is if stocks crash so does bitcoin then how will bitcoin really save any economic crisis?

So the assumption is having decentralized currency would stabilize the economy. How?
Post
Topic
Board Economics
Re: What will happen to Bitcoin if there is a global economic crash?
by
buddhasource
on 01/11/2018, 20:22:23 UTC
I guess it will take a couple of crises for folks to believe in Bitcoin than gold.

A lot of institutes are running for bitcoin, it would be fascinating to see how this turns out. I am sure they have a good economist to back the decision.
Post
Topic
Board Economics
What will happen to Bitcoin if there is a global economic crash?
by
buddhasource
on 01/11/2018, 10:49:10 UTC
It is a bit hard to figure out what will really happen to Bitcoin price.

We could find an answer if someone could stitch these together.

  • Gold price when crisis happen
  • China's economy is already in a bear market for a long time, will they see a bull?
  • World economy just hit an all-time high
  • Crypto has not seen a 10yr cycle yet
  • Satoshi started Bitcoin to avoid melt-downs

What do you guys think will happen and why?
Post
Topic
Board Bitcoin Discussion
Re: crypto currency ban in india
by
buddhasource
on 01/11/2018, 06:37:11 UTC
So government council which is formulating a legal framework to handle cryptocurrencies yesterday proposed that they will be making a framework to ban private cryptocurrencies and encourage the use of distributed ledger technology.


While not much is clear about what they intend by saying " Private cryptocurrencies"
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Topic
Board India
Re: Is this the END of bitcoin and crypto in India?
by
buddhasource
on 21/09/2018, 07:39:04 UTC
Don't be so harsh on yourself. This is not a blanket ban.

Fiat <-> Crypto has gotten almost same as before with P2P exchanges like WazirX.


There was a time when Zebpay deposits use to take 24-48hrs. Just before ban (Feb-April), most exchanges supported deposits in real-time. After Ban deposit takes an hour via P2P. So not much of a trade off.


The overall volume globally has come down, this reflects on India as well more than ban.