Still selling

As Ambani's now entering in the crypto world.
Can it be a indication that crypto will never die.
And PM Modi will never declare crypto as illegal and might never ban it in India.

Don't create FOMO without any details. You are a newbie that why you are saying such details.

is the sky really blue?

Actually, Mcap founder gave full-page advertisement on all national newspaper on cryptocurrency course which gave him nationwide publicity and fame

Their coins are all trading at a very high premium compared to every other Indian exchange. You cant even buy coins and transfer it to another exchange.

The way government has been warning common people each time, I sense a partial ban going to come in at any point of time in 2018.After that depending on the situation, they may legalize it with a lot of formalities which are enough for us to stop trading.

Indian exchanges charging too much.

This is really a loot if they are charging you for deposit and withdrawal. I had heard of btc withdrawal fees but for amount deposit and withdrawal fees is like too much . So approx 5% fees I pay for a trade including the buy/sell trade fees.  I think users will shift to other better exchanges than such exchange who are new in this field and charging much higher than the old exchanges.

If u think demonetization is stupid game , then i m afraid that you are not a financial person and your opinion is really biased with media.

https://aajtak.intoday.in/story/bitcoin-investment-finance-ministery-warned-tut-1-974162.html

Bit coin is easily used by Black money and should be banned like china done with there exchanges and ICO.

Now take an example of current railway tickets hacking , person is also using bitcoin as payment.

Railway is running in loss due to corruption and demonetization really help this , We indian never appreciate anything , we always blame but we dont check our side.

India should ban bitcoin and start real blockchain thing like Russian GOV started .

Bit coin will definitely fall down and a major risked asset.

Current rate of btc is 14663 in coinbase @ 12.49 pm IST
Exchange rate 63.91 = 937112.33

Zeb pay : 1 BTC in Buy Price : ₹ 11,75,135    Sell Price : ₹ 11,29,124
Uno coin : BUY BTC: 11,83,986|SELL BTC: 10,83,347

So why they need this much of difference ?

I also invested in BTC because i knew people are dumb enough that this one is not at-least fail too soon but its going to be fail after some time.


Even i invested in bit coin , but bitcoin should be banned , because our Leader are also investing in it in majorly they should be punished.

Thanks

NEW DELHI: India warned Friday against investing in cryptocurrencies including bitcoin, likening them to “Ponzi schemes,” as it became the latest country to urge caution.Despite a boom in trade that has seen prices soar, cryptocurrencies “don’t have intrinsic value and are not backed by any kind of assets,” the Indian finance ministry said in a statement. “There is a real and heightened risk of investment bubble of the type seen in Ponzi schemes which can result in sudden and prolonged crash,” it said.Bitcoin prices plunged by almost 40 percent from its record high of $19,500 (SR73,125) this month as investors cashed out following the wildly volatile currency’s stratospheric rise.Analysts and governments have repeatedly warned about a bubble that could burst at any moment as investors, many inexperienced, piled into the currency.India’s government said consumers needed to be “extremely cautious as to avoid getting trapped in such Ponzi schemes.”.

Its warning came a day after South Korea, a hotbed for cryptocurrency trading, said it would ban anonymous trading of virtual currencies.On Tuesday Israel announced a move to ban trading in cryptocurrency-based companies on the Tel Aviv market until it can regulate transactions involving digital coins.The vice president of the European Central Bank has also expressed concern about the relentless rise in the value of bitcoin.US Federal Reserve boss Janet Yellen has said bitcoin is not money and called on banks to be certain their digital currency transactions adhere to anti-money laundering statutes..

http://www.arabnews.com/node/1216001/business-economy

Maybe they are not trying to run away we would only know in the coming days. But still charging 2.36% per transaction is NOT acceptable.

I deposited money via NEFT in Koinex, it still has not shown up. Now I read their message saying they are currently not allowing deposit via NEFT or IMPS.
Is my money lost . Is there any way to recover it ?

Probably he live in other country .

Anyways after seeing such amount of reports , i guess i just have to wait until Coinsecure deploy ETH service :/

i think they have clarified it.

INR update: INR Withdrawals will be resumed at 28-12-2017 12 pm as communicated by our banking partners.

We are all good!!! Cheers!!

customs tax = 16540
Warehouse  = 560
Cha charge  = 3250

So 20350 INR per miner

Shipping = 200 usd

I after just sitting around and trying to find the best price for antminer s9 in india. I came to know very quickly that its impossibile to get in India.
But i stumble upon people thru indiamart who are claiming to have 5-50pcs of S9 at a fraction of the cost available in countries where there any customs duty.

Attached screen shots for your viewing purpose.