Exchanges The best way to support XRP is to buy/sell XRP directly with your local currency, not with USDT, ETH, LTC, or BTC. Available XRP pairs - AUD, BRL, CAD, CNY, EUR, GBP, IDR, INR, JPY, KRW, MXN, PHP, RUB, THB, TRY, UAH, USD, ZAR. You can find the complete list of XRP exchanges and supported XRP/fiat pairs Here.
So i am finally decided to jump on the cryptocurrency train. While i am getting to know about stuffs that i should have basic knowledge of, i am here to get an opinion of india To clarify i am thinking of investing in small (maal kam hai bhai) but long term holding. Now main question is which would be the best option for bitcoin wallet? My friend uses Unocoin app and i thought of starting from there, but their website says that "profile verifications will take at least 15 working days to be processed". As you guys know today the values have dropped drastically so i need to do it before it gets too late. Also heard that a lot of indian wallets require pan cards, but i don't have a pancard. So i need a suggestion of a wallet which i can hold it for long period, with no pan card, and as soon as possible (like today). Including Bitcoin i would be investing in ripple also
As per usual the 3 months has been all hand-on-deck, helping to bring further adoption utilities to Groestlcoin. The markets have been red but as always that doesn't stop the show from going on with regards to the development since the last release update on 24th September. Here's a recap of what has happened so far:
Groestlcoin was added to Changelly. One of the leading Crypto-to-Crypto exchanges that offer some of the best rates on the market – You can also buy with a debit/credit card too and you can buy/sell Groestlcoin directly from your Coinomi wallet, from the website https://groestlcoin.org#exchanges, and you can enable Changelly swaps on your GRSPay stores!
Groestlcoin was added to the JAXX Liberty wallet! One of the leading multi-crypto wallets in the stores. Safely store your GRS on Android, iOS, Mac OS X, Windows, Linux or Google Chrome. With Jaxx Liberty you are always in control of your private keys, and you can use your wallet on multiple devices. Note: This directly replaces the deprecated JS Wallet which was of a similar (but older) codebase.
Groestlcoin was integrated into AtomicPay – A decentralised cryptocurrency payment processor that eliminates the involvement of a third-party gateway, allowing merchants to accept payments directly from their customers, with over 2500 merchants already signed up, a public release is set for Mid-January 2019.
Huobi officially opened trading for Groestlcoin to Korean customers! And in addition, a giveaway of up to 10,000 GRS was held!
Unocoin ATMs started supporting Groestlcoin at their ATMs, granting the Indian community the ability to withdraw (For INR) and deposit Groestlcoin into their UnoDax account. Groestlcoin $GRS is available on #Unodax exchange with the following pairs: $INR, $TUSD, $BTC.
Groestlcoin was listed on SWFT BLOCKCHAIN, giving you more opportunities to swap your other altcoins with Groestlcoin or vice versa, quickly and securely.
Groestlcoin was added to One Page Exchange! Where you can buy and sell Groestlcoin quickly and easily without any form of registration!
CryptoWolf started accepting VISA, Mastercard and Maesto to buy cryptocurrencies from the CryptoWolf exchange in EUR or USD! Providing a new FIAT gateway to buy Groestlcoin.
Groestlcoin has been added to CoinZark (Formally VertPig) for fast and efficient Crypto-to-Crypto swaps at very competitive rates using exchange aggregates.
Groestlcoin was added to PungoWallet! Pungo wallet is built to showcase the features that anyone can achieve with blockchain technology. They have built a set of modular solutions that allow any company to build a blockchain layer to interact with traditional software.
Groestlcoin was added to StealthEX, offering anonymous cryptocurrency swaps with tens of other coins without disclosing any personal information. Just choose the pairs, enter your address, send your coins and receive your funds!
Groestlcoin joined InvestFeed, granting a company listing and blue verified badge.
Groestlcoin was officially added to Blockfolio Signals – For those of you that use Blockfolio, you can keep updated with all the latest news straight from the app, via the Signals icon.
Groestlcoin has been added to DeltaDirect – Those using Delta can now stay up-to-date with the latest Groestlcoin news, straight from your Delta portfolio tracker app.
Groestlcoin has been added to CoinGecko Beam – Where you can easily follow us and receive updates without searching through social media.
Groestlcoin is now live on BitUniverse Link! All of the latest Groestlcoin updates and news will be directly available on BItUniverse.
Groestlcoin was added to NovaExchange! Launched in 2016 and operating from Sweden, users can trade over 300 different digital assets.
As of the latest version of the Trezor Model T firmware, Groestlcoin is now officially supported! The Trezor Model T is the next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence. The Trezor Model T now supports over 500 cryptocurrencies.
Blockbook MainNet & TestNet Block Explorer
Blockbook is an open-source Groestlcoin blockchain explorer with complete REST and websocket APIs that can be used for writing web wallets and other apps that need more advanced blockchain queries than provided by groestlcoind RPC. Blockbook REST API provides you with a convenient, powerful and simple way to read data from the groestlcoin network and with it, build your own services.
Support to broadcast transactions online. Broadcast a raw transaction in hex format over the Groestlcoin network.
Supports every web browser
API – Complete REST and Websocket API for querying blocks, transactions and addresses; and receiving live updates
Light – Thin data model using groestlcoind RPC interface to validate blockchain information. Fast groestlcoind blockchain synchronisation (~1hrs for the entire mainnet), using RocksDB for data storage and optionally raw groestlcoind data files processing.
Exhaustive – Reports on double spend attempts, outpoint confirmations, outputs spend status reports. Input and Output hyperlinks in transactions. Extended view in transactions to show advanced details.
Open Source, written in the Go programming language.
Groestlcoin has been added to the Edge wallet for Android and iOS. Edge wallet is secure, private and intuitive. By including support for ShapeShift, Simplex and Changelly, Edge allows you to seamlessly shift between digital currencies, anywhere with an internet connection.
Multi-Asset Support. Supporting Bitcoin, Ethereum, Groestlcoin and many others, you can safely hold your coins.
Exchange Support – Supporting Shapeshift, Simplex and Changelly enables the user to seamlessly shift between digital currencies as if you were storing your funds on an exchange.
In-app buying and selling, exchange your FIAT for cryptocurrency directly within the app.
Encrypted with a username and password. Seamless login into multiple devices.
Easy, secure access with PIN or fingerprint. Additionally, supporting 2FA authentication.
Client-side encryption – All of your data is encrypted on your device before any of your information touches the Edge servers. Being free from server-side hacks and malware means that your assets are as secure as they can be.
We are excited to announce that Groestlcoin has been added to CoinID! With integrated cold and hot wallet support, and a host of other unique wallet features, CoinID can easily become your go-to wallet for storing Groestlcoin. More details can be found here: https://coinid.org/s/groestlcoin-wallet-overview.pdf
Integrated Cold wallet. Store your funds offline and sleep tight at night. All you need is a separate Android or iOS device.
Transaction Batching – A feature normally reserved for exchanges, CoinID supports transaction batching, allowing the user to group transactions into one, saving space on the blockchain and lowering your transaction fees considerably as a result.
Complete control – Your private keys never leaves your device. "If you don’t control your private keys, you don’t own your coins".
SegWit support – Support for Segregated Witness, which means smaller transaction sizes, lower fees, and supporting all 3 address types (grs1, 3, F).
Hierarchical Deterministic – Use a single set of keys for multiple coins and addresses. When an address is used, a new one is generated.
Cross-Platform – Built with React Native for rapid development cycles and cross-platform support.
The Groestlcoin BIP39 tool is an open-source web tool for converting BIP39 mnemonic codes to addresses and private keys. This enables the greatest security against third-party wallets potentially disappearing – You’ll still have access to your funds thanks to this tool. What’s New
Added Coinomi, Ledger Client, Groestlcoinomi, Trezor, Safe T, Core, Groestlpay and Samourai to BIP32 Tab
Added BIP49 support
Add BIP38 support
Add CSV tab for derived addresses
BIP84 tab for derivation path
Display version number in top right corner
Groestlcoin ticker is now also displayed
Refactor method to clear old data from the display
BIP44 ‘purpose’ and ‘coin’ fields have been made read only
Tab Order is now alphabetical
Improve showing feedback for pending calculations
Show error when using XPUB with hardened addresses
Rename variables for clarity between BIP49 and P2WPKH Nested in P2SH
QR Codes use correctLevel 3 instead of 2
Update compile script to work across python 2 and 3
Add BIP49 to More Info section
Reword entropy text to indicate using a single source only
Detect and warn when entropy is filtered / discarded
Use new xpub/xprv prefixes for Segwit BIP49
Allow more rows to be generated starting from a custom index
BIP141 tab added for full Segwit compatibility
Show list of word indexes. Checksum shows in entropy details
Populate entropy field with hex value used from PRNG
QR codes with accents now work correctly by replacing jquery.qrcode with kjua
Allow initial number of rows to be set by the user
Raw entropy shows groupings with space every 11 bits for easier usage
Warn that entropy values should exclude checksum
Warn when generating low entropy mnemonics
Warn when overriding weak entropy with a strong mnemonic length
Allow XPUB to be used as root key for Segwit derivations
Add visual privacy safeguard. List alternative tools
Update bootstrap from 3.2.0 to 3.3.7 and jQuery from 2.1.1 to 3.2.1
GroestlcoinJS library upgraded to v3.3.2
General code refactoring, numerous performance improvements and bug fixes
Electrum-GRS is a lightweight "thin client" Groestlcoin wallet Windows, MacOS and Linux based on a client-server protocol. Its main advantages over the original Groestlcoin client include support for multi-signature wallets and not requiring the download of the entire block chain. What’s New
HARDWARE WALLET SUPPORT: Archos Safe-T Mini is now fully supported
Electrum + Android Version 3.2.3:
If a BIP39 seed extension/passphrase contained multiple consecutive whitespaces or leading/trailing whitespaces, then the derived addresses were not following spec. This has been fixed, and anyone affected should move their codes. The wizard will show a warning in this case.
The PRNG used has been changed
Fix Linux distributable, ‘typing’ was not bundled and was required for Python 3.4
Fix spending from Segwit multi-sig wallets involving a Trezor co-signer when using a custom derivation path.
Several other minor bugfixes and usability improvements.
ivendPay and Groestlcoin cryptocurrency have announced the start of integration. IT company ivendPay, the developer of a universal multicurrency payment module for automatic and retail trade, intends to integrate Groestlcoin cryptocurrency — one of the oldest and the most reputable Bitcoin forks into the payment system. Groestlcoin is characterized by instant transactions with almost zero commission and is optimal for mass retail trade where micropayments are mostly used. According to Sergey Danilov, founder and CEO of ivendPay, Groestlcoin will become the 11th cryptocurrency integrated into the payment module. The first working vending machines for the sale of coffee, snacks and souvenirs, equipped with ivendPay modules, served the visitors of the CryptoEvent RIW exhibition at VDNKh in Moscow and accepted Bitcoin, Go Byte, Dash, Bitcoin Cash, Ethereum, Ethereum Classic, Zcash, Bitcoin Gold, Dogecoin and Emercoin. ivendPay terminals are designed and patented to accept payments in electronic money, cryptocurrencies and cash when connecting the corresponding cash terminal. Payment for the purchase takes a few seconds, the choice of the payment currency occurs at the time of placing the order on the screen, the payment is made by QR-code through the cryptocurrency wallet on the smartphone. The interest in equipping vending machines with ivendPay terminals has already been shown by the companies of Malaysia and Israel, where first test networks would be installed. ivendPay compiles a waiting list for vending networks interested in buying terminals and searches for an investor to launch industrial production. According to Sergey Danilov, the universal payment terminal ivendPay for the vending machine will cost about $500. The founder of ivendPay has welcomed the appearance of Groestlcoin among integrated cryptocurrencies, as it is another step towards the realization of the basic idea of digital money - free and cross-border access to goods and services for everybody.
Exchanges The best way to support XRP is to buy/sell XRP directly with your local currency, not with USDT, ETH, LTC, or BTC. Available XRP pairs - AUD, BRL, CAD, CNY, EUR, GBP, IDR, INR, JPY, KRW, MXN, PHP, RUB, THB, TRY, UAH, USD, ZAR. You can find the complete list of XRP exchanges and supported XRP/fiat pairs Here.
My journey from being a crypto naive, to making a Custom Crypto Exchange, which anyone can integrate in their platform with ZERO CODE.
Here is my real case study about, giving every, website ownebloggers/e-commerce Entrepreneur the power to accept payment in cryptos, also start there own Crypto Exchange with ZERO code.
About my journey in Building a Crypto Exchange I came into the crypto industry an year back in December 2017, when the price of the Bitcoin reached to the peak value of 20k$.Since then I have explored every technical and non technical aspects around CryptoCurrency exchange, Crypto Exchanges are the backbone of the ecosystem -
Custodial exchanges like Binance are popular around the crypto masses, who keep your cryptocurrencies with them.
Non Custodial Crypto Exchanges like Changelly, Shapeshift, Changenow, N. Exchange, Bittrex, Evercoin etc. who functions as instant exchanges and do not store your currencies, you store them in your wallet, and exchange coins from wallet to wallet.
There are Decentralise exchanges like IDEX, Ether Delta etc which are completely decentralised with no manual intervention in between.
All the above 3 types of exchange offer crypto trading with various rates, for example on Binance you can get 1BTC = 24.9 ETH, whereas on a decentralised exchange you can get 1BTC = 30.1ETH
We built an Crypto Exchange and aggregated all the above 3 types of exchanges in one single platform called CoinSwitch Cryptocurrency exchange
We provide 400+ Cryptocurrencies on our platform, whereas customers can trade currencies at the best rates offered by many leading exchanges.
IDEA, Building Custom Crypto Exchange -
Crypto is reaching out to the masses, and many leading websites like PornHub have integrated crypto payments in there website.
We wanted to provide every small e-commerce owner, blogger, website owner, to have a crypto exchange, integrated into there platform.
Therefore we built Custom Crypto Exchange which can be integrated in any website with ZERO Code,coinswitch[dot][co/tools], therefore you can monetise your website.
The weekly fix will delve into the unforeseen depths of never-before heard scoop into the brazen world of Indian startups. Naww, I’m kidding. This’ll cover the announcements and news by the various startups, of the various startups and for the various startups.
Generally, we have found that entrepreneurs are very knowledgable about their particular business, but they’re very shallow in their knowledge about business practices that help drive value and efficiency.” – John McNamara
Hey all, Throwaway account here. After lurking so much, I finally wanted to have 1 BTC in my account for once. From the past 1 week, I have been searching hard the ways to buy Bitcoin in India and anything apart from LocalBitcoins had either put new registrations on hold/was way too expensive or was taking forever to verify the account. People on Localbitcoins are charging around 15% on top the trade value as an average. Usually, who are charging a little less commission in the ads, about 7-10%, when messaged, ask for the same inflated amount and claim that their account is having issues and is not displaying proper prices. After negotiating with about 5-7 people, I could finally convince 1 guy to sell me 1 btc for about $5030(I paid in my local currency) who lived about 1 hour drive away from my place. I drove there and after 2.5 hours, I finally own 1 btc :D! Right now, BTC in Google is showing at $4634.5 and the biggest companies are offering the following rates. Zebpay: $5201 (INR 332000) CoinSecure: $5154 (INR 332000) Unocoin: $5327 (INR 340000) I feel that this is really ridiculous and I really want a big company to open up here in India so that these companies can either die out or mend their ways and stop looting us. They are just doing this because they CAN right now and because there is really no other option. Really sorry for this rant but I just had to get this out of my system as it is hindering the happiness I thought I would have felt after owning 1 BTC.
Indian Startups Last Week: 24th April - 30th April
Heading to the snippets of the week .... The weekly fix The weekly fix will delve into the unforeseen depths of never-before heard scoop into the brazen world of Indian startups. Naww, I’m kidding. This’ll cover the announcements and news by the various startups, of the various startups and for the various startups.
Google launches Solve for India campaign, a version of its Launchpad accelerator program. [ETTech]
Amazon India is its fastest growing marketplace, says Bezos during the first quarter results. [ETTech]
Craftsvilla still looking to find the perfect business model, rejigs its plan. [ETTech]
PayTM launches Digital Gold platform in collab with MMTC-PAMP. [ETTech]
Oyo sets up presence in Nepal; launches the first hotel in Kathmandu. [ETTech]
You can now buy bitcoins via Netbanking as Unocoin partners with PayUBiz [ETTech]
Grofers sets up 15 offline stores across Delhi-NCR. [Inc42]
Funding The number-one risk in business is starting to take yourself too seriously and starting to believe your own BS a little bit too much. - Chris Sacca
Canada's Clairvest buys majority stake in Ace2Three, an online rummy portal in India, for $74 Million(approx. ₹481 Cr) [ETTech]
UiPath, a software robotics company, raises $30 Million(approx. 195 Cr) from Accel Partners. [ETTech]
MechMocha, a mobile gaming company, has raised $5 Million(approx. ₹195 Cr) in a round led by Accel Partners and saw participation from Shunwei Capital and existing investor - Blume Ventures. [ETTech]
Scootsy, an on-demand delivery platform has raised $3.6 Million(approx. ₹23 Cr) from Agnus Capital and Khattar Holdings. [ETTech]
Myra, a medicine delivery startup has raised an undisclosed amount of funding in its Series-A round from Matrix Partners and Times Internet. [ETTech]
Awfis, a co-working space has raised $20 Million(approx. ₹130 Cr) from Sequoia Capital [ETTech]
Eyeing a ₹350 Cr corpus, IAN raises ₹175 Cr in its first round. [ETTech]
Pharmeasy, a pharmacy aggregator raises venture debt from Trifecta Capital. [ETTech]
Frapperz, an on-demand home service startup has raised ₹2.58 Cr from HNIs. [ETTech]
Faasos, a food-delivery startup has raised $6.4 Million(approx. ₹41.6 Cr) in an extended Series-C round led by Lightbox Ventures, Sequoia Capital and others. [Inc42]
POPxo, an online media network for women, raised $3.1 Million(approx. ₹20 Cr) from Kalaari Capital and IDG Ventures India. [Inc42]
License Raj This section looks at the different announcements by the governments (states and central) and nationalised companies to ride the startup train.
SEBI allows investments in mutual funds via e-wallets. [ETTech]
Ola runs into trouble with the Bengaluru Transport Department. [ETTech]
MCA says that company registration will now take only 1 day. [Inc42]
Mergers and Acquisitions Generally, we have found that entrepreneurs are very knowledgable about their particular business, but they’re very shallow in their knowledge about business practices that help drive value and efficiency.” – John McNamara Here are all the mergers and acquisitions in the last week.
No updates this week.
RIP This section is dedicated to those who couldn’t make it. Those who tried, but failed. Those who raised, but burned. Those who stood, but had to sit.
Runnr rolls back its food delivery service. [VCCircle
Recommendations of the week Articles
How drugs and Paranoia doomed Silk Road [VanityFair]
Hi All, Guys which is most safe bitcoin exchanges in India in order? , Is coinsecure can be trusted with your Money? In the event of crackdown like happened in 2014 and unocoin suspended it's operation, would they return the money of customers in case of being banned? Do we have to pay tax on bitcoins increased value in India? Thanks, Goku
Analyst who predicted bitcoin’s rise now sees it hitting $300,000-$400,000
This is the best tl;dr I could make, original reduced by 60%. (I'm a bot)
Moas earlier gave some of the most accurate price predictions on Bitcoin in 2017.In July, 2017, he put a $5,000 price target on bitcoin for 2018, when the digital currency at that time was valued around $2,600. After seeing a 500% rise in its value, Moas stated that the Bitcoin would continue rising and cross the six digits figures, past $20,000. His comments led to Chicago Mercentile Exchange?-?the world's largest futures exchange?-?to launch its own bitcoin futures contract. "The end-game on bitcoin is that it will hit $300,000 to $400,000 in my opinion, and it will be the most valuable currency in the world," Moas told CNBC."I don't know how much gold there is in the ground, but I know how much bitcoin there is, and in two years there will be 300 million people in the world trying to get their hands on a few million bitcoin. This mind-boggling supply and demand imbalance is what is going to drive the price higher," he claims. Contrary to that, Moas feels that the Bitcoin surge parties are just getting started. That's exactly the way I think people should be playing bitcoin.
Hello im very new to bitcoins and unocoin.. i created an account on unocin and verified. When i try to add money to unocoin INR wallet, they are asking reference number to complete the process. 1. From where can i get the reference number? (Sbi) can i get it using onlinesbi portal? My second question is i want to know all the transaction fees and hidden fees of unocoin. 2. If i deposit 10k INR, from my bank to unocoin, howmuch will be credited to Unocoin INR Wallet? Is it 10k?
If i have 20k INR in my unocoin INR Wallet and i want to withdraw all the money, how much will be credited back to mybank?
If i want to buy bitcoin , what are their transaction fees? Is it a fixed price for all the trasactions regardless of amount, or percentage of our bitcoin value?
If i sell my btc, what will be the fees?
Do you recommend unocoin for trading? Anyone used coinsecure.in ? Is it better than unocoin becoz of low buy, sell price differences?
Steve Wozniak: Bitcoin is better than gold and USD
This is the best tl;dr I could make, original reduced by 48%. (I'm a bot)
In a freewheeling interview with CNBC, Steve Wozniak, co-founder of Apple Inc. and tech geek, extolled Bitcoin as a better store of value than Gold or USD.At the sidelines of a conference on the future of payments and currencies, Wozniak, a mathematician by training, explained why he thought Bitcoin was better than the US Dollar and Gold. Quipping that unlike Gold or the US Dollar, Bitcoin has a predictable finite supply and is tamper proof, Wozniak claimed Gold's value will be diluted once more efficient methods of mining are invented. Adding that he admired Bitcoin from the very start, Wozniak said he wasn't interested in the financial part of it but rather believed in the promise Bitcoin held as a currency. Comparing Bitcoin to a house, Wozniak said that no matter how much the price went up or the government taxed it, the house would still exist as a real stable asset, undiluted and worth what it's made of. After breaching the $20,000 barrier a few days back, Bitcoin, the world's most popular cryptocurrency with the largest market cap, has generated much buzz and interest in the financial world. As many as two exchanges have set up futures trade on the cryptocurrency, bringing much cheer to the Bitcoin community and investors.
Central Banks Are Driving Many to Cryptocurrencies
This is the best tl;dr I could make, original reduced by 78%. (I'm a bot)
After the Fed's rate hike this week, Bitcoin and alternative cryptocurrencies, such as Ethereum and Dash dropped in value instantly. Following the demonetization of the 500 and 1,000 rupee banknotes in November of last year, the price of Bitcoin on India's largest Bitcoin exchange, Unocoin, shot up to $818 while American exchanges quoted the exchange rate as $709 per Bitcoin. Contrary to popular belief that Bitcoin is deflationary, the currency currently has an annual inflation rate of approximately 4%. The reason that Bitcoin allows investors to hedge the expansionary monetary policies adhered to by central banks is because the demand for Bitcoin is growing at a pace that is higher than the increase in the supply of Bitcoin. Satoshi modeled the flow of new Bitcoin as a Poisson process, which will result in a discernible inflation rate compared to the stock of existing Bitcoin by 2020. If the economy cannot handle the increase in rates, and the Fed is forced to reverse their decision, the price of Bitcoin and other cryptocurrencies are likely to respond positively. Negative interest rates in Europe and fiat demonetization in developing countries are still driving demand for Bitcoin and alternative cryptocurrencies.
As far as adoption goes, Bitcoin follows a familiar pattern. Populous, first world countries in North America, Europe and Asia were first to catch Bitcoin fever, the first to establish exchanges and the first to begin restricting them as well. While early Bitcoin trading in these countries was largely boundless, allowing for things like margin trading and high leverage, as more of each country’s fiat money moved into Bitcoin, governments and central banks began to draw lines. The market witnessed a pointed example of such “no more nonsense” regulation as recently as a few days ago in South Korea. Following China’s example, the country decided to limit ICOs and no-fee exchanges, which had until that point been an enormously speculative influence in the altcoin markets. However, no matter the increasing rate of adoption and regulation around the world, Bitcoin always manages to find its “Wild West” somewhere new. Bahrain Bahrain wants to be known as more than a place of oil wealth. The country is moving quickly towards adopting Blockchain technology, which would naturally place it in an advantageous position regarding Bitcoin as well. The Chief Executive of the country’s Economic Development Board, Khalid Al Rumaihi, is working with Bahrain’s finance ministry to make it a “pioneer in the space.” They are even in process of proposing a joint venture with Saudi Arabia and other nearby countries to establish a healthy ecosystem for the area’s official exchanges and other infrastructure. Sweden Sweden is progressive when it comes to their finances. Today, five of the six major banks in the country do not operate with cash, and the vast majority of Swedes use their bank cards for everything. This puts them close to their goal of becoming the first cashless civilization, and they’re looking to Bitcoin to bring them the rest of the way there. They recognize that one of the biggest problems of a digital financial system over a cash one is privacy. Bitcoin fits this need suitably and provides an additional measure of anonymity over alternative cashless solutions. Venezuela After the tragic collapse of all civilization in Venezuela, the value of one Bolivar, the country’s currency, dropped to the same value as one satoshi (or about $0.00004 at current BTC price). Thanks to a scarcity of physical Bolivars and a harried financial system, people are finding themselves handing over buckets of cash just to pay for lunch. Many merchants have taken to accepting Bitcoin and other digital payment methods only. Though it may be out of a frightening necessity rather than voluntary adoption, this may be the first “Bitcoinization” of a sovereign state. India Like Venezuela and Sweden, India is a ripe target for Bitcoin. The country went through a rapid demonetization last year, largely to curb counterfeit operations of their 500 and 1,000 rupee bills and rampant graft, which were funding other illicit activities. The shortage of cash that followed saw Indians react flexibly by depositing their money in bank accounts, though counterfeit versions of the new notes appeared not long after. Bitcoin is a perfect fit, and is beginning to find its niche. As many as 2,500 Indians invest in Bitcoin each day, and there are new partnerships being forged between international cryptocurrency players and Indian platforms like Unocoin. Singapore The Singapore Fintech Consortium is a powerhouse devoted to forming a cryptocurrency network with countries in the Middle East and abroad. To “pave the way for increased interaction between startups in the Middle East and those in Asian markets via Singapore,” the fintech leader has been cutting deals with places like the UAE, Abu Dhabi, and Bahrain to establish a cooperative fintech environment. Japan Though Japan is a major world power, and can hardly be considered an emerging market, the country’s progress in the Bitcoin and cryptocurrency arenas must be praised. Not only has this small, influential island nation made Bitcoin legal tender, it has paved the way for Blockchain innovation more than any other country. Instead of outright bans, the government’s Financial Services Agency has instead created a strict yet fair environment for companies and individuals to trade, operate exchanges, and integrate Blockchain into Japan’s economy. Eleven exchanges, of the more than 50 who have thus far applied, are deemed compliant and are currently in operation.
India paying over $900 per bitcoin the 2nd week following the rupee crackdown
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Indians appear to be braving huge exchange spreads in a bid to accrue Bitcoin following demonetization of the two largest rupee cash bills. Interest in bitcoin and also purchases of it have spiked in India, with buyers quoted huge mark-ups on sites such as Localbitcoins to convert their rupees. In September, Purse partnered with Indian exchange Unocoin to bring discounted purchases to Indian bitcoin holders, and has seen the market become the second busiest after the US. "This shift, in my personal opinion, translates to citizens in India having to look for quick alternatives," McKie told Bitcoin.com in emailed comments. Banks Eager To Reel Cash Back In. Meanwhile, further war-on-cash-style noises have come from Australia, a country now toying with the concept of eliminating cash altogether within just eight years. Similar to India, these two notes account for 92% of cash value in circulation. What do you think about India and Australia's so-called war on cash? Let us know in the comments section below.
In aggregate, our estimate for the global value of stores of value comparable to bitcoin, including savings accounts, small and large time deposits, money market funds, and gold bullion, come to Unocoin is doing fraud with its customers. I started a Bitcoin SIP Daily plan on Unocoin on 27 Dec 2016. Recently when the bitcoin price reached 1100 USD and then dropped below 900 USD within a day, I tried to average out the bitcoin value by buyi... That transaction alone perfectly shows the dramatic change in value that Bitcoin has experienced over the years. 2011 and Earlier. The very first major jump in Bitcoin price took place in July 2010. At this point, the value of Bitcoin went from about $0.0008 all the way up to $0.08, a truly dramatic increase in price. Unocoin. Follow. Jan 23, 2018 · 2 min read. Bitcoin’s mathematical roots and finite supply make it valuable, believes Wozniak. In a freewheeling interview with CNBC, Steve Wozniak, co-founder of Apple Inc. and tech geek, extolled Bitcoin as a better store of value than Gold or USD. No.1041/12, 1st floor 1st main, 4th Block, Dr.Rajkumar Road Rajajinagar, Bangalore - 560 010 India
how to create bitcoin address in unocoin full details in hindi how to create bitcoin address in unocoin full details in hindi how to create bitcoin address i... This video will help you sell bitcoin on Unocoin. I've made this video to quickly tell you how to sell bitcoin in Unocoin. Video language is Hindi but you can still follow the instructions if you ... Based on this model, Lee expects the value of bitcoin to be $6,000 by the middle of 2018. FundStrat uses a different method to come up with its long-term price target. According to Lee it is ... Bitcoin withdraw with mobile recharge dth recharge Code:-UNOCOIN200 LINK:-Download India's most popular Bitcoin Wallet App from Unocoin. Click on the link below to download - https://play.google ... Procedure to buy bitcoin: From August 17th, 2015, we will be retiring the option to buy bitcoin where you first order bitcoin and then send INR to Unocoin’s bank account via IMPS/NEFT.