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Litecoin

For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining.
[link]

The US Federal Reserve is ‘Paying Close Attention’ to Blockchain - Indian Bitcoin Wallet Zebpay Looks to Raise $5 Million in Funding - McAfee’s MGT Goes Into Bitcoin Mining

submitted by cryptocompare to cryptocompare [link] [comments]

Ahead of Diwali, India bitcoin startups Unocoin, Zebpay and Coinsecure mine new investments

Ahead of Diwali, India bitcoin startups Unocoin, Zebpay and Coinsecure mine new investments submitted by SEAstartups_bot to SEAstartups [link] [comments]

Supreme Court allows trading in cryptocurrency, cancels 2018 ban imposed by Reserve Bank of India

Supreme Court allows trading in cryptocurrency, cancels 2018 ban imposed by Reserve Bank of India submitted by Training-Bot to india [link] [comments]

r/Bitcoin recap - March 2019

Hi Bitcoiners!
I’m back with the 27th monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
A recap of Bitcoin in March 2019
Adoption
Development
Security
Mining
Business
Education
Regulation & Politics
Archeology (Financial Incumbents)
Fun & Other
submitted by SamWouters to Bitcoin [link] [comments]

Is bitcoin mining illegal in India?

I know how bitcoin works and i am quite excited about bitcoin.I looked for articles regarding bitcoin mining.I don't want to do anything illegal so i am quite curious to know whether bitcoin mining is legal or not in India?
submitted by coold007 to india [link] [comments]

Anybody here interested or already involved in mining with there GFX card?

I just ordered a evga 1080 gfx card. Initially the purchase was to replace my gtx 970, but giving a second thought as I am thinking to mine crypto currency to recover the cost of the 1080 in a period of 4-6 months mining 24x7 as I have a secondary system at my place. Any of you already mining or interested in mining with there recently purchased gfx card ? If u interested pls comment below so that we can communicate further.
submitted by babai0077 to IndianGaming [link] [comments]

r/bitcoin recap - May 2017

Hi everyone!
I’m back with the fifth monthly Bitcoin news recap.
I seriously can’t believe all of this stuff happened in ONE month.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in bitcoin and save them. At the end of the month, I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
If you're on mobile and can't see the links below, check the web version.
A recap of Bitcoin in May 2017
Thanks to everyone who has been contributing positively and constructively over the past month.
Here's to June! (and SegWit)
submitted by SamWouters to Bitcoin [link] [comments]

BCH Refresher (Update)

The points above summarise the content of the following Bitcoins.com article: https://news.bitcoin.com/bitcoin-cash-network-status-transactions-on-the-rise/
submitted by RaderVader to Bitcoincash [link] [comments]

Cryptocurrencies are mostly negative as US CFTC Chairman says coders may be liable for predictive event smart contracts

Crypto News
Sources:
https://cointelegraph.com/news/scalability-study-dlt-can-support-daily-trading-volume-of-us-equity-market https://www.coindesk.com/how-savvy-traders-gamed-coinbases-latest-crypto-listing-for-a-35-payday/ https://cointelegraph.com/news/chinese-crypto-exchange-btcc-plans-south-korean-launch-in-november https://www.coindesk.com/monero-to-become-first-billion-dollar-crypto-to-implement-bulletproofs-tech/ https://www.coindesk.com/cftc-official-warns-smart-contract-designers-over-predictive-code/ https://cointelegraph.com/news/indian-internet-blockchain-committee-attracts-reps-from-zebpay-mastercard-microsoft https://cointelegraph.com/news/pantera-capital-exec-cryptocurrency-market-prices-could-increase-tenfold-by-2020 https://www.ccn.com/next-bitcoin-bull-run-will-see-crypto-prices-rise-10x-pantera-cio/ https://www.newsbtc.com/2018/10/17/pantera-exec-crypto-market-close-to-bottom-tenfold-increase-possible-with-scalability/
submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

Coinness 24-Hour News Roundup on August 6: Ukraine May Impose 5% Tax on Fiat Withdrawals from Crypto Exchange

[Policy] 1. Ukraine may impose a 5% tax on cryptocurrencies withdrawals from exchanges to fiat currencies. 2. Portions of SB300, which clarify the legal status of blockchain signatures and contracts were inserted as amendments into SB220, has now become law in Ohio.
[Cryptocurrency] 1. Bitcoin hashrate sets a record high above 50 Ehash on August 4th. 2. The UAE exchange BitOasis now supports ETC. 3. The HSR mainnet will go live at block height 936,086. 4. EOS unveils $1 million seed funding program at Sydney hackathon.
[Exchange] 1. Commission-free trading App Robinhood now supports ETC. 2. FCoin plans to repurchase 50M FTs through bulk trading platform with 0.0003 ETH for each FTs. 2. Upbit and Gopax are backed by South Korea’s largest bank and internet firm, Shinhan Bank and Kakao. 3. India's Crypto Exchange Zebpay has enabled Trueusd (TUSD) trading, deposit and withdrawal. 4. Binance supports YOYOW mainnet swap.
[Others] 1. Goldman Sachs mulls over custody services for crypto funds. 2. Bitmain confirms a new crypto mining facility in Texas, which may start operations next year at the earliest. 3. Wall Street Journal released a study which shows organized crypto "trading groups" manipulated markets to make $825 Million in the first 6 months of 2018. 4. Japan's Virtual Currency Exchange Association (JVCEA) has applied for "certified fund settlement business association" from FSA. 5. Bob Goodlatte, the member of the House, has come forward that he holds somewhere between $17,000 and $80,000 worth of cryptocurrency.
submitted by Brendon-Coinness to btc [link] [comments]

Reddit, what are the taxes on crypto which someone has been holding since years with no buy price? Please help. [ASK]

Using a throwaway for this.
I am a 17 y/o turning 18 next week. So, basically 18 but I think this might be relevant for taxes.
I have held Bitcoins since 2011-12 where I got them for free on some posts on bitcoinforum when they were practically worthless.
I have sold a few lakhs worth last year (2016) on my mom's account and since the total income was <5 Lakh, it didn't matter.
Over the last year, I have traded them a little bit too with other altcoins.
Now my crypto portfolio has approached ₹1 Cr and I think it's time to sell 'em all. So, I have the following questions:
submitted by thisthrowawaycrypto to india [link] [comments]

LanaAxis goal

LaneAxis is revamping the freight logistic and shipping industry. LaneAxis aims to have every party involved in mineral mining and trading logistics – from mining to shipping to storage and trading – participating as nodes of the new blockchain platform. Learn more: https://laneaxis.io

bitcoin #tokensale #blockchain #ethereum #glencore #switzerland #consortia #openmineral #ripple #xrp #dash #bitcoincash #bch #eth #btc #smartcontract #invest #coinbase #coinsecure #zebpay #poloniex #bitterex #finance #blockchaintechnology #cointelegraph #coindesk #newsbtc #hacked #hackernoon #forbes

submitted by Toscrypto to u/Toscrypto [link] [comments]

Cryptocurrency Market - The Biggest Trends to watch out for 2018-2025

New market research study provides an analysis and evaluation of the current and prospective profitability, liquidity and financial stability of Global Cryptocurrency Industry.
Cryptocurrency is a digital currency which operates on cryptographic techniques to complete safe transaction. Being decentralized with no governing body/central body involved in verifying transaction, secured protection and producing new currencies are projected to be the major reason for the market growth over the forecast period. Moreover, cryptocurrency’s community which include miners/stakers, developers, service providers, users etc. drive the governance of cryptocurrencies. The positive feedback loop has made the community more homogenous.
Globally, cryptocurreny has been selected as digital payment method for the future financial world. These convenient currencies are completely digital requiring online transaction unlike physical cash. Hustle free transaction and deduction in entire ownership cost are few key features propelling the industry.
Major drivers include authentication, ease of transaction, complete security, faster international transaction are expected to spur the market growth with steady performance. Moreover, the industry has not been confined with government rules, exchange rates, interest rates or international transaction fee, hence, making the currency more convenient for application.
The currencies can also be transferred digitally via devices such as smartphones, since they are completely unrestricted from any centralized bank/authorities. Vendors and consumers prefer virtual money for making payments, henceforth, creating new opportunities for the market growth.
Get PDF with Technological trends at https://www.xpodenceresearch.com/Request-Sample/105813
Tax-free & compliance-free transactions, lesser chances of identity theft & fraud and negligible fee charged for cryptocurreny transaction are few other key elements augmenting the industry growth over the forecast period. Moreover, lack of awareness among the people and stringent rules and regulations for application of robots in various countries is expected to restrain the market growth. The emerging industry is projected to grow over the forecast period with more public awareness and continuous increase of new market players with innovative product/services.
The market has been segmented into type of currency, mining types, and application. The type of currency segment includes Bitcoin, Litecoin, Ethereum, Ripple, and others. Mining type is segregated into solo and pool mining. The application segment includes banking, real estate, stock market and virtual currency. Other application for the market includes retail sector, gaming industry, education, logistics & transportation, BFSI, tourism sector, media and entertainment industry. BFSI is expected to acquire the major share followed by retail sector operating on cryptocurrencies. The cryptocurrency mining hardware includes Central Processing Unit (CPU) mining, Graphics Processing Unit (GPU) mining, Field-Program Gate Array (FPGA) mining, and Application-Specific Integrated Circuit (ASIC) mining. ASIC mining can calculate 10,000 times faster than conventional CPU mining.
Increasing acceptance and potential growth for this industry have attracted various small vendors globally for competing in the market. Apart from Bitcoin, Litcoin has also gained prominence in the market over last few years, there are plenty of vendors in the market namely as Litecoin, Namecoin, Novacoin, Peercoin, Ripple, Steller, Primecoin, Megacoin, and many others.
Geographically, the market is expended across North America (U.S., Mexico, and Canada), Europe (UK, France, Germany, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and MEA (Middle East, Latin America, and Africa). North America region dominates the market owing to the regulations offered by the government. Brazil and Canada are other major regions using cryptocurreny due to rules and regulations
Obtain Report Details with technological advancement at https://www.xpodenceresearch.com/Reports/Cryptocurrency-Market
Key market players include Intel Corporation, Microsoft Corporation, Xilinx, Inc., NVIDIA Corporation, 21 Inc. AlphaPoint Corporation , Amazon.com, Inc., Advanced Micro Devices, Inc, BTL Group Ltd.(Blockchain Tech), BitGo, BitFury Group , Coinbase UK, Ltd. Coinsecure, Unocoin, Coinbase, Bitstamp Ltd., Zebpay,, Poloniex Inc., Bitfury Group Limited, Global Area Holding Inc., Digital Limited, IBM Corp, are the other niche players.
About Us:
Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.
We offer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specific requirements.
The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.
Contact Us:
Xpodence Research
244, Madison Avenue
New York City, NY - 10016
United States
Toll Free +1- 844-445-2861
Email: [[email protected]](mailto:[email protected])
submitted by mansee36 to u/mansee36 [link] [comments]

How to Invest in free Bitcoins

In order to start you first need a Bitcoin wallet
Bitcoin wallet Zebpay This is the best wallet to Exchange your Bitcoin for INR You can trade bitcoins for cash through your bank account https://www.zebpay.com/?utm_campaign=app_refferal_ref%2Fref%2FREF57588046&utm_medium=app&utm_source=zebpay_app_refferal
There are 3 best ways to earn bitcoins through Websites
You are paid by the websites in satoshi in your coin pot or Facet Hub Websites and then you can transfer to your Zebpay
Independent websites Coin pot

Faucet Hub

Best Independent Bitcoin Websites You can withdraw once you have reached 30000 satoshi Freebitcoin https://freebitco.in/?r=8543172
Coin Pot Websites You need to make a coin pot account and you will receive bitcoins directly into your coin pot account from the below 3 websites There are only 3 websites for Coin pot Bonus Bitcoin http://bonusbitcoin.co/?ref=4DE0E7336C6C Moon Bitcoin http://moonbit.co.in/?ref=e0b0c7550622 Bit Fun

http://bitfun.co/?ref=33B94A6B04FE

Faucet Hub Wallet http://faucethub.io/24537402 You need make an account on Facet hub and all the below websites will pay you directly to your faucet Hub wallet. Below are the best ones that pay that I personally use so I know for sure that they pay .Beware of mining websites they ask for the deposit and don’t pay BEST CAPITA WEBSITES You earn satoshi by filling in Capita Honey Money -7 per Capita Unlimited https://honeymoney.co.in/?refCode=HM0000202723 Claim WOW- 10 every min https://faucets.world/claimWow?ref=b81tdd9gjjpg0231qtag Coinpot.win 10 per capita http://coinpot.win/ref/230 FreeBTCmince 5 coins every 12 min

http://freebtcmine.com/?partner=83482

BEST AD CLICK WEBSITES You earn satoshi by clicking on ADS Adbtc https://ref.adbtc.top/451619 Btcforclicks https://bitsforclicks.com/?r=9NEPRZCEL3XOB0T Coinbulb https://coinbulb.com/?r=NESTY1986 BTCClicks

https://btcclicks.com/?r=e1f2bd3d

FAUCETS WEBSITES Coin Panda up to 300 every 5 min http://coinpanda.org/?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q Coin Rotation up to 150 every 60 min http://www.coinrotation.com/bitcoin/?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q Bitcoins43 36 to 286 every 12 hours http://faucet.bitcoins43.com/?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q Topbtcsite 25 every hour https://topbtcsites.com/freebitcoin/?r= 359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q Lucky BTC 50 every 10 min http://luckybtcfaucet.website/?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q One Way Faucet 50 every 10 min http://onewayfaucet.us/?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q Jobjober up to 150 every 1440 min http://jobjober.de/?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q Sunmoon 50 every 10 min http://sunmoonbitco.in/?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q Mafia coins 333 every 33 min http://www.mafiacoins.net/?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q U24 31-1001 120 min http://u24.co/ru/faucethub/ref/359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q Hot Coins 50 every 10 min plus bonus http://hotcoins.cf/?id=1471270 BigBTC Win 50 every 10 min plus bonus http://bigbtc.win/?id=6799214 Claim2win 50 every 10 min plus bonus unlimited http://claim2.win/ref/13033 Btcwin 15 every 5 min http://freesatoshisfh.us/btcwin/?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q Daily Free bits 20 to 1200 every 5 min http://dailyfreebits.com/?id=48578251 Get Your Bitco 25 every 5 min http://getyourbitco.in/672294 Noticrypto 12 every 5 min http://noticrypto.website/btccut/?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q BtcforEveryone 20 to 60 every 60 min https://btcforeveryone.xyz/index.php?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q GR8 20 every 5 min http://btc.faucethero.com/?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q Fautsy 10 every 5 min http://www.fautsy.com/?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q BItgolden 1-30 every 5 min https://bitgolden.io/ref/359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q Bit silver 1-30 every 5 min https://bitsilver.io/ref/359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q World of Bitcoin 6 every 5 min http://worldofbitco.in/314718 DangSale.10 every 5 minutes http://dangsale.com/bit/?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q Coin Mine 750 every 30 min http://coinmine.online?ref=31753 Btc Smile 20 every 5 min https://www.btcsmile.com/?ref=10663 Ref hunters 8-12 every 60 min http://www.ref-hunters.ch/btcfaucet/?r=359XY9tUjYys1zzvqwn1PhQT2DvRDBBo1q
submitted by Nestor_TravelOneWay to u/Nestor_TravelOneWay [link] [comments]

08-09 07:32 - '70+ Bitcoin companies, exchange and wallets that did NOT agree to Segwit2x' (self.Bitcoin) by /u/jtos3 removed from /r/Bitcoin within 296-306min

'''
Bitfinex - one of the world's largest Bitcoin exchanges
Kraken - world's largest EUR Bitcoin exchange based on volume
LocalBitcoins - world's largest P2P Bitcoin exchange
Bitstamp - one of the world's largest Bitcoin exchanges
Gemini - one of the world's largest Bitcoin exchanges
Poloniex - world's largest cryptocurrency exchange
Bittrex - world's second largest cryptocurrency exchange
BitQuick - major cash to Bitcoin exchange in the USA
Vaultoro - gold/bitcoin exchange
VirWoX - world's largest Paypal to Bitcoin exchange
Zebpay - one of India's largest Bitcoin exchanges
CoinMama - one of the world's largest credit card to Bitcoin brokers
BitPanda - one of Europe's largest Bitcoin brokers
CEX.io - top global Bitcoin and crypto exchange
coinhouse - credit card to Bitcoin broker run by Ledger
Bitcoin.de - one of Europe's largest P2P Bitcoin exchanges
Bittylicious - one of the UK's largest Bitcoin brokers
Coinfloor - European Bitcoin broker and exchange
BitBargain - UK Bitcoin exchangd
Paymium - Bitcoin broker based in France
Bity - large European Bitcoin exchange
Satoshi Counter - Canadian OTC Bitcoin exchange
Bitaccess - Canadia Bitcoin ATM network
SurBitcoin - Venezuela's largest Bitcoin exchange
Cryptobuyer - Venezuelan Bitcoin exchange
bit2c - Israel's top Bitcoin exchange
Bits of Gold - Israel's largest Bitcoin broker
CoinHako - one of Singapore's largest Bitcoin exchanges
Volabit - Mexican Bitcoin exchange
Satoshi Tango - Latin American Bitcoin exchange
Mercado Bitcoin - Brazilian Bitcoin exchange
FOXBIT - Brazilian Bitcoin exchange
OKCoin - Chinese Bitcoin exchange
Huobi - Chinese Bitcoin exchange
LakeBTC - Bitcoin exchange
Gatecoin - Bitcoin exchange
Bitrefill - mobile phone topups with Bitcoin
CoinJar - Australian Bitcoin broker
BuyaBitcoin - Australian cash to bitcoin exchange
Coin Loft - Australian cash to Bitcoin exchange
Urdubit - Bitcoin exchange based in Pakistan
Bitcoin Cambodia - Camobdian Bitcoin broker
Bitt - Caribbean Bitcoin exchange
bitcoin.co.id - Indonesia's largest Bitcoin exchange
Coincheck - one of Japan's largest Bitcoin exchanges
coins.co.th - one of Thailand's largest Bitcoin brokers/exchange
bitcoin.co.th - one of Thailand's largest Bitcoin brokers/exchange
MaiCoin - Taiwanese Bitcoin exchange
Bitonic - Dutch Bitcoin broker
Bitrush - Dutch Bitcoin broker
BitBay - Bitcoin broker based in Poland
Bitcoin Romania - largest Romanian Bitcoin exchange & broker
Nairaex - Nigeria's largest Bitcoin exchange
Bitsewa - Nepal's largest Bitcoin exchange
Wall of Coins - major US cash to Bitcoin exchange
LibertyX - major US cash to Bitcoin exchange
CoinCorner - European Bitcoin broker
Cubits - European Bitcoin broker
Bitit - European Bitcoin broker
itBit - OTC Bitcoin trading
Anycoin Direct - European Bitcoin broker
Belgacoin - large European Bitcoin exchange/broker
Bisq - decentralized Bitcoin exchange
KeepKey - hardware Bitcoin wallet
Ledger Wallet - hardware Bitcoin wallet
TREZOR - hardware Bitcoin wallet
Electrum - Bitcoin desktop wallet
GreenAddress - Bitcoin web wallet
Slush Pool - Bitcoin mining pool
Samourai Wallet - Android Bitcoin wallet
breadwallet - most popular iOS Bitcoin wallet
Mycelium - popular Android Bitcoin wallet
Please help list more in the comments.
'''
70+ Bitcoin companies, exchange and wallets that did NOT agree to Segwit2x
Go1dfish undelete link
unreddit undelete link
Author: jtos3
submitted by removalbot to removalbot [link] [comments]

Experts Gather in Mumbai to Discuss the Future of Bitcoin and Blockchain in India

Content provided by BitKan
Over a hundred people gathered at the St. Regis in Mumbai December 15 to discuss the state of Bitcoin and the potential of blockchain technology in India.
Neha Punater, partner and head of fintech at KPMG in India, and a speaker at the BlockZero conference, highlighted the possibilities and opportunities offered by blockchain technology.
Punater told the audience:
"Blockchain has the potential to crash cycle time and reduce costs across diverse areas such as settlement, trade financial, clearing, etc. It will enable an efficient and secure way of recording and maintaining identities, collaterals — financial and non-financial."
KPMG's stand on blockchain is clear: the technology is "a game changer that, if used to its full potential, can offer an innocuous, quick and economical way for transactions." Despite India's relatively nascent blockchain industry, the impact of the technology "is significant enough to guarantee assessment, experimentation and implementation by enterprises," the firm stated in a report released earlier this year.
"Blockchain is precious money and more real than we think," said Rachna Nath, head of digital consulting at KPMG India.
Aimed at exploring the use of blockchain for the Indian market, the BlockZero conference brought together entrepreneurs, investors and senior executives from the financial services and tech industries.
Speakers included representatives from the National Payment Corporation of India, KPMG India, Chinese Bitcoin company BitKan, Indian blockchain startup Primechain Technologies, and the Global Blockchain Network, a trade association for the blockchain industry.
BitKan, a sponsor of the event, presented the state of Bitcoin in China, highlighting the country's leading position in Bitcoin mining and trading. "Bitcoin has become an attractive short-term investment," Sandy Liang, operating director of BitKan, told the audience. "Data suggest that China accounts for 80 percent of the bitcoin trading volume in the world."
Bitcoin: A Hedge Against Fiat Currencies
Similar to China, Indian investors are increasingly turning to Bitcoin, which most view as a hedge against fiat currency.
The government's demonetization drive and recent abolishment of large denomination notes has created a craze for bitcoin, which investors are now purchasing at a premium price currently hovering at around $810 (55,000 INR) per bitcoin: a +4 percent difference compared to Bitstamp's current $777 price.
"The Indian government has just abolished the 500 and 1,000 rupee notes and they are now facing the problem of liquidity shortage of paper money," Liang told Bitcoin Magazine.
"Demand and interest for bitcoin have increased significantly. Also, the bitcoin price here is much higher than the international market price," said Liang.
BitKan, which began offering over-the-counter (OTC) trading earlier this year, noted Bitcoin's big potential in India, stating that the country does represent an interesting market. BitKan, a Shenzhen-based bitcoin startup, provides an all-in-one application with real-time news feeds, price monitoring and alerts, as well as a bitcoin wallet. BitKan's OTC trading platform supports 15 currencies including INR, USD, CNY and RUB. The company raised $1.6 million from bitcoin mining giant Bitmain back in April.
Given India's underdeveloped banking system and the unstable monetary policies, Bitcoin represents a good alternative for locals, Liang said.
As India tries to crack down on corruption and "black money," the announcement in November that large notes were no longer legal tender, increased sales volume for bitcoin on several exchanges. Queries for bitcoins went up by 20 percent to 30 percent in the days that followed the news, according to ZebPay, a local Bitcoin exchange platform.
"People who never talked about bitcoins called me," Saurabh Agrawal, CEO and co-founder of Zebpay, told the Hindustan Times. "Financial companies also want to invest in bitcoin. That's a big change in a country where bitcoins have never taken off."
ZebPay added 50,000 news users in November, more than doubling the company's normal rate of 20,000 new users per month. "Our trade volume in November touched INR 120 crore (US$17.6 million), up by 25 percent compared to October, and our revenue grew 25 percent as well," Agrawal told the Economic Times in an interview yesterday.
This article constitutes sponsored content and as such does not necessarily represent the opinions or any endorsements of or by Bitcoin Magazine, its affiliated publications, staff or parent companies.
News by BitcoinMagazine
submitted by BitKan to Bitcoin [link] [comments]

Ripple partners with Hyderabad-based BTCXIndia to launch XRP exchange

A shorter version (reduced by 82.0%) can be found on hyderabad.
This is an extended summary, original article can be found here

Extended Summary:

Ripple partners with Hyderabad-based BTCXIndia to launch XRP exchange.
New Delhi: Ripple Labs Inc., a Google-backed firm and the worlds fourth most-funded blockchain start-up , has partnered with crypto-currency exchange BTCXIndia to start a buying and selling facility for XRP (ripple), the crypto-token used by Ripple.
Before it temporarily suspended trades in April, BTCXIndia enabled trading for bitcoin and ethereum, the worlds largest and third-largest crypto-currency, respectively, by market capitalisation.
The platform, with only the XRP trading facility, went live last week offering XRP at Rs24.
We are pleased that customers in India now have a way of accessing XRP.
The company claims it settles cross border payments (between Ripple technology-enabled banks) within minutes.
Earlier this year, Yes Bank and Axis Bank, two private sectors banks in India, joined this list.
As it brings banks into its fold, Ripple is laying a network of liquidity providers (in the form of XRP exchanges) across the globe, with an idea to allow retail users to trade in and hold XRP.
As a result one of our primary goals this year has been to partner with digital asset exchanges in key countries in order to get XRP listed against their respective fiat crosses, Vias, who sits out of New York, said in an emailed response to Mints queries.
9 billion XRP (total number of token created; will not exceed this number) held a market value of $29.
To put into perspective, 16,346,425 bitcoins mined across the world till date held value equivalent to $35.
8 million ethereum coins were worth $15.
To be sure, only a fraction of these are with Indians and are mostly traded on wallet-cum-exchange platforms Zebpay (Ahmadabad-based Zeb IT Services Pvt.
He said retail users typically use crypto-tokens as assets to store value, and move the value to other tokens based on price trends.

Stats For Nerds:

Original Length 4433
Summary Length 1893
Summary Ratio: 57.3
If I am not working properly, please contact Blackbird-007 or send a message to moderators of /IndiaSpeaks.
submitted by BotSpeaks to SummarySpeaks [link] [comments]

Subreddit Stats: bitcoin top posts from 2016-11-05 to 2016-12-04 23:10 PDT

Period: 29.72 days
Submissions Comments
Total 1000 39770
Rate (per day) 33.65 1317.40
Unique Redditors 635 5193
Combined Score 79721 141041

Top Submitters' Top Submissions

  1. 4004 points, 1 submission: btg643
    1. Excuse me? (4004 points, 293 comments)
  2. 2344 points, 1 submission: AndreAbdel27
    1. What 30$ looks in Venezuela's Currency. (2344 points, 310 comments)
  3. 2000 points, 1 submission: sk221
    1. California just legalized marijuana - a $22 billlion industry can't open a bank account. Bitcoin, here's your chance! (2000 points, 202 comments)
  4. 1378 points, 14 submissions: eragmus
    1. Peter Thiel (member of President-Elect Trump's Transition Team): "It becomes a threat to fiat money at a point where Bitcoin is encrypted in such a robust way that the tax authorities can't break the encryption, can't tell how much money you have, and what transactions you are doing." [x-post] (498 points, 152 comments)
    2. Henry Brade: "Based on new transaction stats SegWit will more than double the #bitcoin tx capacity. And it enables secure LN for real scaling. We need it!" (275 points, 162 comments)
    3. Alex B.: "Back before the block size limit debate was even relevant, @gwern hit the nail on the head. Features are secondary, resilience sine qua non." ['Bitcoin’s greatest virtue is not its deflation, nor its microtransactions, but its viral distributed nature; it can wait for its opportunity.'] (155 points, 135 comments)
    4. An ELI5 on small vs. big blocks, and the importance of node decentralization. (67 points, 105 comments)
    5. SF Bitcoin Devs - Blockstream's Andrew Poelstra discusses MimbleWimble ["Is a blockchain design w/ no script support & blinded amounts. Like proverbial black holes, tx outputs have no hair. This simplicity allows aggressive compaction & aggregation, resulting in much better scalability."] (64 points, 11 comments)
    6. Avtar Sehra (CEO and Product Architect at Nivaura): "Nivaura has been approved by UK regulator to commercially test debt structuring, issuance, and [life cycle management of decentralised debt instruments] settlement on Bitcoin" (50 points, 5 comments)
    7. Bitcoin Core - IRC Meeting Summary (November 10, 2016) (48 points, 8 comments)
    8. The Status of the ‘Hong Kong Hard Fork’: An Update (46 points, 19 comments)
    9. Bitcoin Core - IRC Meeting Summary (November 17, 2016) (39 points, 2 comments)
    10. Bitcoin Core - IRC Meeting Summary (November 3, 2016) (36 points, 0 comments)
  5. 1167 points, 6 submissions: Coinosphere
    1. Marijuana now legal in eight more US States while vendors get more bitcoin options (698 points, 54 comments)
    2. Cell 411 launches decentralized ride sharing in Austin accepting Bitcoin (106 points, 24 comments)
    3. Hacker holds San Francisco railway to ransom, demands 100 bitcoins (98 points, 21 comments)
    4. IRS agrees to major cryptocurrency strategy overhaul following audit (96 points, 22 comments)
    5. Blockchain (most popular) wallet adding an instant bitcoin buying option for credit and debit cards (86 points, 15 comments)
    6. The oldest bitcoin exchange, BTCC, moves into the US market (83 points, 11 comments)
  6. 1085 points, 2 submissions: The_Arctic_Wolf
    1. Block #440,000 was just mined. There are 16 million bitcoin now. (1025 points, 132 comments)
    2. Turmeric launch, Rootstock's Testnet (video) (60 points, 18 comments)
  7. 952 points, 4 submissions: Onetallnerd
    1. Lawyers say they've found signs of a third rogue cop tied to the Silk Road case (768 points, 114 comments)
    2. Segwit Signaling. [Note that those signaling now will not affect consensus until the start of the next difficulty retarget] (75 points, 34 comments)
    3. The Bitcoin Lightning Spec Part 1/8 (63 points, 10 comments)
    4. [bitcoin-dev] Forcenet: an experimental network with a new header format (46 points, 19 comments)
  8. 844 points, 18 submissions: quadrilliondollars
    1. One of the four biggest accounting firms in the world adopts bitcoin! (169 points, 16 comments)
    2. Good news for Bitcoin: Iceland's Pirate party invited to form government. Anti-establishment group receives mandate for power-sharing pact after talks to build five-party coalition fail. (71 points, 5 comments)
    3. India just hard-forked the rupee. (70 points, 15 comments)
    4. Venezuela's currency now worth so little shopkeepers weigh vast piles of notes instead of counting them (68 points, 15 comments)
    5. Gold above 500 gm owned by married women can be seized: Fin Min (India). (66 points, 25 comments)
    6. Andreas Antonopoulos on London Real! (61 points, 15 comments)
    7. Please make your voice heard here. We can request bitcoin support from the next President. (58 points, 22 comments)
    8. IMF approves $12 billion bailout for Egypt after austerity measures including lifting currency controls last week which made the Egyptian pound drop by almost 50 percent against the dollar (43 points, 5 comments)
    9. The War On Cash Goes Nuclear In India, Australia and Across The World (36 points, 7 comments)
    10. (AA) Exponential Innovation - Hackers Congress (33 points, 2 comments)
  9. 831 points, 9 submissions: _smudger_
    1. WOW! China's Huiyin Group Launches $20 Million Bitcoin Fund (274 points, 32 comments)
    2. Winklevoss twins see bitcoin as better than gold. Brothers hope to launch ETF soon (227 points, 80 comments)
    3. India: ZebPay adding 25000 bitcoins customers per month !!! - reports enquiries up 20 to 30% in the past couple of days (108 points, 30 comments)
    4. Another record volume for LocalBitcoins including regional records in Europe,Pakistan,Russia,Saudi Arabia,USA and Venezuela (70 points, 11 comments)
    5. R3 blockchain opens to all (51 points, 59 comments)
    6. Liberland, Bitcoin Utopia: The man who created a tiny country he can no longer enter - BBC News (34 points, 25 comments)
    7. Go India!!! (31 points, 5 comments)
    8. Get voting! (19 points, 2 comments)
    9. China Imposes New Capital Controls; Bitcoin Price Optimistic (17 points, 20 comments)
  10. 819 points, 3 submissions: jmw74
    1. Coinbase pledges to fight IRS request in court (727 points, 242 comments)
    2. IRS requesting info from Coinbase on users transacting 2013-2015 (68 points, 57 comments)
    3. Hasn't segwit activation already failed for this difficulty period? (24 points, 37 comments)

Top Commenters

  1. nullc (3550 points, 273 comments)
  2. luke-jr (1988 points, 276 comments)
  3. Frogolocalypse (1668 points, 555 comments)
  4. bitusher (1587 points, 270 comments)
  5. BashCo (1127 points, 194 comments)
  6. dellintelbitcoin (1039 points, 274 comments)
  7. belcher_ (976 points, 189 comments)
  8. jcoinner (880 points, 208 comments)
  9. manginahunter (853 points, 307 comments)
  10. smartfbrankings (788 points, 184 comments)

Top Submissions

  1. Excuse me? by btg643 (4004 points, 293 comments)
  2. What 30$ looks in Venezuela's Currency. by AndreAbdel27 (2344 points, 310 comments)
  3. California just legalized marijuana - a $22 billlion industry can't open a bank account. Bitcoin, here's your chance! by sk221 (2000 points, 202 comments)
  4. Block #440,000 was just mined. There are 16 million bitcoin now. by The_Arctic_Wolf (1025 points, 132 comments)
  5. "If Trump Wins, here's what I'll do..." User Coincle pledges to give away 25.47 bitcoin to those who commented on his post if Donald J. Trump is elected president. So, where's my bitcoin? by ILikeGreenit (806 points, 355 comments)
  6. Banking in India Right Now by surge3d (801 points, 198 comments)
  7. $12 B worth of the world's currency is uncontrolled and independent from the governments of the world. by ztsmart (795 points, 135 comments)
  8. Lawyers say they've found signs of a third rogue cop tied to the Silk Road case by Onetallnerd (768 points, 114 comments)
  9. Monthly reminder for newbies: The Bitcoins you store on an exchange ARE NOT YOUR BITCOINS - they are an IOU. If you hold a decent amount of bitcoins, please make the intelligent decision NOW to transfer your coins to a secure mobile or hardware wallet that you control. by GabeNewell_ (759 points, 237 comments)
  10. Coinbase pledges to fight IRS request in court by jmw74 (727 points, 242 comments)

Top Comments

  1. 534 points: EgoTrps's comment in "If Trump Wins, here's what I'll do..." User Coincle pledges to give away 25.47 bitcoin to those who commented on his post if Donald J. Trump is elected president. So, where's my bitcoin?
  2. 334 points: SuperPuffin's comment in BREAKING: Trump advisers considering $JPM CEO Dimon for Treasury post
  3. 292 points: AndreAbdel27's comment in What 30$ looks in Venezuela's Currency.
  4. 262 points: Myrmec's comment in Excuse me?
  5. 247 points: jtoomim's comment in Core is the new big blocker. 3.7Mb mined on testnet with segwit.
  6. 216 points: paperraincoat's comment in Excuse me?
  7. 190 points: brokenskill's comment in "If Trump Wins, here's what I'll do..." User Coincle pledges to give away 25.47 bitcoin to those who commented on his post if Donald J. Trump is elected president. So, where's my bitcoin?
  8. 181 points: amnesiac-eightyfour's comment in Banking in India Right Now
  9. 173 points: deleted's comment in Peter Thiel (member of President-Elect Trump's Transition Team): "It becomes a threat to fiat money at a point where Bitcoin is encrypted in such a robust way that the tax authorities can't break the encryption, can't tell how much money you have, and what transactions you are doing." [x-post]
  10. 171 points: butters1337's comment in BREAKING: Trump advisers considering $JPM CEO Dimon for Treasury post
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