I was just checking the INR to BTC conversion on Google. Suddenly an interesting thing struck me. Have u ever thought 1 Paisa = 30+ Satoshi at current market rate ?



That is, a coin collector can represent 30 Satoshi in physical form.

Earlier this year we saw how Bitcoin approval affected the crypto market. A short bull run began and Bitcoin created a new ATH. Since then everyone within the community were speculating whether Ethereum ETF will get approved by the SEC.

Good news is that a few hour back 8 Ethereum spot ETFs got approved. Resulting the Ethereum dominance in crypto market increasing to 17%. Currently Ethereum is in the green zone as that was expected while Bitcoin staying in red.

My question to everyone out here, can Bitcoin and Ethereum together bring in a big bull run, bigger than the one we saw in 2021? What are your expectations and what do you guys think with be the ATH for ETH?

Wait for the day when big corporations sucks up all supply from the market and starts controlling it as per their own whim!

Having ETF approved, is moving us away from the actual goals of cryptocurrency. It should remain as people's money which any corporate intervention. But with ETF, millions of dollars worth of corporate money is flowing into the market which will eventually take out the control from people's hand to their own.

🔔  Service Update: VISA International Prepaid

Our VISA International card provider notified us about that we are unable to issue new cards without KYC due to new local regulations. This does not affect already issued cards.

👉🏻  For U.S. customers, we have VISA gift card:
https://stealths.net/product/visa-giftcard-auto

👉🏻  For international customers, we have MPC Mastercard (please note that they don't support 3D):
https://stealths.net/product/mpc-mastercard-auto

We understand that it was most our most preferred product and we are continuously working on finding alternative solutions.

Also, we would like to sincerely thank all our customers who have supported us for the last 6 months.

As per today's price 10 satoshi is equal to Rs 0.016 means approximately one and a half paise. Calculate yourself and correct your answer please

What about Bisq? I think they are having a Decentralized network and they dont ask for KYC.

Check it out here - https://bisq.network/

The problem I see is that you need to keep your software on when a trade is opened, which seems like a bummer to me. I havent used it myself, does anyone else use it on a regular basis?

Hey Fellas,

I was wondering. I'm the founder of PNNV.com and im always looking for ways to expend my business.

Which crypto exchange is the most popular in India or Nigeria?

What's the preferred exchange method?

What are the FEEs they are taking there?


Agent.

What else we can do, to keep up this?

I think your contribution to the board in the past few days have been remarkable and the posts were really interesting for generating a discussion too. But, since your second post was in the raffle I am unable to include you this time.

OP i was curious what was the wining BTC amount for the first raffle held?
1BTC?

2. This raffle winner cannot participate in the upcoming games for 6 months. Let us give others a chance to win some bitcoins. You can consider this 6 months as a cooling period like if some X has won the game in April, they can participate only in the November raffle. Our local community is so small such that I have reduced the period to 6 months. If in future, we rise up to one of the most populated local boards I might change the rule such that the game winners cannot participate in the upcoming lotteries for over a year.

When I heard that this platform Betrifill BitRefill provides an option to buy gift cards using their platform for major e-commerce sites in India.

I am surprised to see such a company exist. I think these are online cards and do have not practical usage as you cannot withdraw funds from an ATM.

Please advise if you have used Coinsbee services or not.

Crypto & NFT businesses are now 'reporting entities' under India’s Prevention of Money-Laundering Act (PMLA). Contrary to some Whatsapp chatter, this does not mean that they are charged under the PMLA for any offence! The implication is that such businesses need to follow similar reporting standards and KYC/AML norms to other reporting entities like banks, securities intermediaries, payment system operators, etc. In other words, KYC norms are no longer a best practice but a legal obligation.

Also, such businesses now have the legal status to report suspicious transactions to the Financial Intelligence Unit (FIU).

Happy to say we had made this recommendation as far back as Dec 2018, and the notification has come exactly under the suggested provision.

An AML regime is the first step towards effective regulation of intermediaries.

It would have been ideal though to have an explicit transitory provision so that covered entities had more time and certainly while getting their compliance processes in place.

Firstly our board left stranded, and our fellow community members should revive and start the discussions again as in the past and I hope I can engage into the discussions as well regularly.

Thanks for tagging me in this post which made me to offer my contribution to this thread. Recently, a few weeks back I was notified by @DarkStar_ that we still do have a remaining balance of 0.00427499BTC in our escrow address.

Initially, I had an idea of discussing about this with the members of our board on the Christmas Day but owing to my personal commitments I never had the time to revisit the idea. But now, I'm planning to conduct a final raffle on Republic Day and offer the winning member a prize of 0.00307499BTC so that the remaining 0.0012BTC can be given to DarkStar_ as a goodwill since he has been holding our funds for 3+ years.

What are everyone's thoughts towards my approach of conducting a final raffle?

Sunak has a rich wife, there are rumors that he has supported Sunak all this time. I don't know how politics in England is going, hopefully, with Sunak's rise to the chair of the British Prime Minister, he will be able to solve the crisis that the UK is currently facing.

Q1) What could be the future of Indian Crypto Traders and Investors

Q6) Is it the  time for people to switch to peer to peer