Search content
Sort by
Showing 20 of 41 results by dc0ded
Accept Credit Card payments for bitcoins.
The buyer would get their bitcoins at the price at the time of purchase, but they could not spend them until 6 months have passed (the time needed to avoid chargebacks).
The buyer would get their bitcoins at the price at the time of purchase, but they could not spend them until 6 months have passed (the time needed to avoid chargebacks).
I don't see any benefits in this... 6 months! That's a very very long time.
Re: [30-12-2013]- RBI: No move to regulate ''phoney'' Bitcoins
This article provides great insights about the current stand of the authorities in India regarding bitcoin. However the situation is still very confusing for Indian bitcoin traders. I mean money laundering is a very serious offense in India and some bitcoin traders were booked under that. So what guidelines should a person follow here in India to buy and sell bitcoins so that the whole business remains completely legal?
Which India trader was booked under ML charges?
I think the initial news about raids at Mahin Gupta's offices mentioned that ML connections are also being investigated, and some other stuff like he was using fake company address for the transactions.
fake addy was a rumor.. The rest as you have mentioned was just about 'being investigated'. No charges from what I hear from a very very reliable source..
That's a good news mate.
Re: [30-12-2013]- RBI: No move to regulate ''phoney'' Bitcoins
This article provides great insights about the current stand of the authorities in India regarding bitcoin. However the situation is still very confusing for Indian bitcoin traders. I mean money laundering is a very serious offense in India and some bitcoin traders were booked under that. So what guidelines should a person follow here in India to buy and sell bitcoins so that the whole business remains completely legal?
Which India trader was booked under ML charges?
I think the initial news about raids at Mahin Gupta's offices mentioned that ML connections are also being investigated, and some other stuff like he was using fake company address for the transactions.
I think its time that some RTI applications should be filed to get answers to the questions raised in this article. It will also help to get ED's official statement which can be produced in the court latter.
Link to ED's RTI information page- http://www.enforcementdirectorate.gov.in/rti_info.pdf
Link to ED's RTI information page- http://www.enforcementdirectorate.gov.in/rti_info.pdf
Re: [30-12-2013]- RBI: No move to regulate ''phoney'' Bitcoins
This article provides great insights about the current stand of the authorities in India regarding bitcoin. However the situation is still very confusing for Indian bitcoin traders. I mean money laundering is a very serious offense in India and some bitcoin traders were booked under that. So what guidelines should a person follow here in India to buy and sell bitcoins so that the whole business remains completely legal?
price stabilized around 700-800 $ for now.
It looks stable for a while now. I think its a good thing.
Re: Drone Air strike kills 15 civilians (on their way to a wedding) in Yemen
This is just terrible.
Obama's drone program is one the most cowardly and disgusting things this world has ever seen.
Obama's drone program is one the most cowardly and disgusting things this world has ever seen.
I would have agreed but its not just Obama to be blamed but presidents before him too. Drones are really the most coward weaponry to be used at war. The government won't have anyone to answer while killing, as there will be never an American life lost at war using drones.
The world expects more from the US. But I think its not the American people but just the capitalists controlling the decisions.
The value is determined by the prices that the coin sells at on whatever exchanges that it sells on. I don't think there is any coin whose value is fixed to another currency.
As for what factors affect the value of a coin, the answer depends on the coin. For example, the value of Quark was supported by exposure (pumping, perhaps) by Max Keiser and Bill Still. The value of Dogecoin is a result of the humor associated with the meme.
As for what factors affect the value of a coin, the answer depends on the coin. For example, the value of Quark was supported by exposure (pumping, perhaps) by Max Keiser and Bill Still. The value of Dogecoin is a result of the humor associated with the meme.
A lot of good points here. I think the fall in price of the primary crypto currency- bitcoin definitely works as a powerful factor increasing prices of other alternate currencies like litecoin.
Hello everyone ,I would like to know that is it possible to do arbitrage with Indian exchanges.And is there anyone who is profiting from bitcoin arbitrage?
I think BTC robot runs on the principle of arbitrage. Dont know if they covered India based exchanges, though all of them are now suspended.
I don't think that there are any real BTC exchanges in India. They are websites allowing manual buy/sell of BTC. And recently most of these sites suspended their services, after an RBI guideline which was followed by some inquiries and raids by ED officials.
Re: Look at the charts (Bitcoin dont give a Crap about India) RBI
I agree that Indian government doesn't realize the full potential of bitcoin yet. But some guys here on this thread need to do their homework before expressing facts about India. They remind me of few primary school kids I met in the US who used to believe that people in India use elephants instead of cars. 
I found a website http://btcsale.tictail.com that sells bitcoins on the cheap. Brought 25 bitcoins for them for about $20,000 took about a day to get them then I sold them immediately and made roughly $1,000 profit. I have no idea why they are being sold cheap, I was a bit sceptical at first but it panned out.
If anyone else has other sites that have cheap bitcoins I'd love to know about them.
If anyone else has other sites that have cheap bitcoins I'd love to know about them.
Clear cut scam. You must be an idiot if you think anyone will believe you here.
Ban this donkey.
Rs 20-30 crore spread over 400 people! That's kind of extremely huge transactions. I hope he was not actually involved in money laundering. The average user's transaction comes down to Rs 750,000. I don't think transactions like these will get ignored by banks in India.
Re: 2013-12-22 ZD Net - CryptoLocker's crimewave: A trail of $$$ in laundered BTCs
You can always reformat the computer, right?
Yes. But what if your personal files are seized and you can't use them?
This said, please arrest who mine iron: it is used to produce guns that kill people.
You are right. Ignorant computer users are the cause of widespread DDOS and virus attacks. I think the first thing these people should do is learn about same basic computer security than creating a facebook profile to get chicks.
