Fintech Storm's Ms. Arifa Khan Welcomes Vitalik Buterin to India to Address the First Ever BlockChain India Summit in New Delhi 6 Dec 2016 Is India ready for Bitcoin, Blockchain & other Cryptocurrencies?
"Vitalik Buterin, Founder and Inventor of Ethereum - the worlds first distributed ledger technology platform to take the technology behind bitcoin mainstream and applicable to almost every industry - arrived in India on 6 December 2016. Vitalik Buterin, the 21 year old distinguished Peter Thiel Scholar, is here to inaugurate Indias first ever Blockchain Summit hosted by Ms. Arifa Khan, CEO of Zero Field Labs and to explore blockchains potential in India."
"Addressing a gathering of an excited crowd at the December 6 2016 summit at Shangri La Hotel, comprising of 150 Tech enthusiasts from Microsoft, Wipro, ConsenSys, TCS, Accenture, Synechron, National Payments Corporation of India, and several of Indias Bitcoin and Blockchain startups, Vitalik Buterin advocated Blockchain technologys transformative potential in India to make Smart Contracts possible in fields such as agricultural markets, education, healthcare, Identity based transactions, Microfinance and Financial Inclusion. I am excited to see the growing interest in Ethereum and blockchain technologies coming from India; the world is finally waking up to the great potential that the technology has particularly in emerging markets, and I look forward to seeing developments with the technology grow in the months and years to come - Vitalik Buterin."
I am from Trybitcoin.in and I would very much be interested to know the reason you have termed us a "Scam". May I know if you have transacted with us and is there an instance where we have not fulfilled what we promised?
We are a genuine Bitcoin service platform, educating and helping people to know more about Bitcoin and trade them easily. Our service is very straight forward, where in we don't even hold an individual's money or bitcoin with us at any point. All exchanges with us are instant, where in we send Bitcoins to the individual's wallet instantly as soon as we receive his funds and vice versa.
In terms of the knowledge about Bitcoin, we have learnt, followed and educated others about Bitcoin passionately for many years now and will continue the same. Our interaction with people while we traveled and also during our meet-ups inspired us to create a service that is currently lacking in India. We are currently in the beta testing phase and learning everyday through our users who transact with us and many others who contact us to know more about Bitcoins.
To clarify, i'm not saying your website is definitely a scam but it was apparent from the forum posts at the time.
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BoardIndia
Topic OP
India and Crypto scams
by
manav1112
on 18/09/2016, 05:03:49 UTC
Hi,
I've been seeing that cryptocurrency is used again and again for scams against Indians in this forum, outside and in the real world.
We can see trybitcoin.in and scams like that being actively promoted We can see MLM scams being promoted like gainbitcoin and powerhashing We can see coins like Mudra coin ruining India's name in the bitcoin community here We can see people selling miners with false claims for exorbitant prices We can see other forums like Quora being used to promote MLM and ponzi schemes We can see in real life people being scammed to start investing in false cryptocurrencys. Yet the educated cryptocurrency community here does very little. i
Posts which are promoting sites such as trybitcoin.in should be flagged, trust should be negative and their posts should be removed. Any allegations against coins (mudra, trestor) should be taken seriously and their teams should come up with relevant and responsible replies. We should have pinned posts and posts with lists of scams as well as guides for new people to cryptocurrencies, informing how to find if a coin is a scam and a list of verified scam coins/sites as well as a guide on ponzi schemes Coins like Mudra should be scrutinized and reported as soon as it is posted!
For Quora, I found that specially these two Indians are dedicated completely to get people into Ponzi schemes and they then get referral money - and they do it from highly educated individuals.
And they dub themself as research scholars on Bitcoin
Lets create a healthy cryptocurrency community here
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BoardMining (India)
Re: Need a Zeus Scrypt Miner 28Mhs+ Contact Me
by
manav1112
on 18/09/2016, 04:28:26 UTC
Expect around 1.2 usd on average by mining with this, and upon that you will also have a electricity cost which you have to cover. Make sure price is reasonable if anyone buys this, and make sure the unit is working before you buy. Calculate profitability from a website like coinwarz and use scrypt algo.
Did all those who registered or contacted them with the Whatsapp number receive their Mudra ? I still haven't heard back yet.
It was a scam, if you didnt find out yet.
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BoardIndia
Re: Do you think the Price of Bitcoin will rise?
by
manav1112
on 18/09/2016, 04:15:35 UTC
Bitcoin has benefited from the Brexit this year, the coin halving, and various other economic troubles which lead investors to try alternate investments. However it has also suffered a lot from the Bitfinex hacking and such.
If you often use mobile for doing bitcoin stuff then go for zebpay .their service is good and reliable.for desktop you can try coinsecure or unocoin,its your wish which one u want to use as they both are good.unocoin often give signup bonus also so you can try it.
All three have good service, while each do have their own unique features (Coinsecure with automated trading, Zebpay with vouchers, recharge, etc and Unocoin with VAS and SIP option)
For cheapest rate, always use coinsecure.in/ they show the real rate, even if their competitor offers a better selling/buying price.
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BoardMeta
Re: Bitcointalk hacked and data for sale on dark web?
by
manav1112
on 18/09/2016, 04:03:48 UTC
Regardless if it was hacked or not, it wont hurt to change your password to a stronger one!
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BoardMeta
Re: CONFLICT Of Interest Benson Samuel
by
manav1112
on 18/09/2016, 04:01:16 UTC
The point of this post is not relevant as nothing yet has happened which would prove or even support the allegations.
Should this not be moved to the marketplace, as you are selling debit cards and your service?
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BoardIndia
Re: how to buy bitcoin in india with debit card/gateway?
by
manav1112
on 18/09/2016, 03:57:27 UTC
and its always useful to use the price comparison on coinsecure.in to check the best price, which is quite a few times ironically not coinsecure
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BoardIndia
Re: CryptoCurrency - India
by
manav1112
on 18/09/2016, 03:55:36 UTC
There is a trestor coin made in India, but its currently not completely free of allegations - but I think it's the closest thing to what you are referring to.
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BoardHardware
Re: Which USB Stick ASIC miner should I buy as on today in India.
by
manav1112
on 09/09/2016, 09:58:00 UTC
No, you wont get any even 'okay' returns with any sort of USB ASIC miner as of today.
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BoardAlt Coins (India)
Re: Any Altcoin from India? like Spaincoin, Isracoin, etc
Mudracoin is listed and run successfully can read more about mudracoin at coinsinfo.
Mudracoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Mudracoin uses a proof-of-work method in order for the Mudracoin blockchain network to achieve distributed consensus.
www.dailycoince.net completely spam site - releases withdrawals but nothing in bitcoin wallet. lost that way 50$. nothing in return. www.bitminer.io - keep telling you upgrade and wont release current earnings. lost that way 70$, only 9$ in return.
Why do you invest in such sites
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BoardMining (India)
Re: any miner in hyderabad
by
manav1112
on 12/08/2016, 03:59:46 UTC
I have been mining Ether since February, and I had mined bitcoin few years ago. Any questions, feel free to PM.
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BoardMining (India)
Re: Is mining ethereum profitable ?
by
manav1112
on 12/08/2016, 03:54:53 UTC
I started mining ether in February - You can ask me any questions.
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BoardIndia
Re: As an Indian do you want bitcoin to fork?
by
manav1112
on 12/08/2016, 03:52:32 UTC
There is no way that a alternative fork will gain majority (at least in the current situation and time)