Investment in Bitcoin, Ripple and other Online Currency in India

Android

Prime VIP
Staff member
Bitcoin has almost tripled in value in the last twelve months as it traded at over Rs 2 lakh on Thursday. The price of the cryptocurrency could reach $3,000 - or Rs 1.93 lakh - within a couple of days.


There are also other Online Currencies

Ripple

Market cap: $1.4 billion

Price: ₹18
Live Chart - https://www.coingecko.com/en/price_charts/ripple/inr

Buy in India https://btcxindia.com/

Year created: 2013

Ripple has already attracted millions in venture capital, including from Google Ventures. In contrast to Bitcoin, there is no mining of Ripples. Ripple also is set up as a payment network, not only for Ripple, but for other currencies, and as an automated system for currency trades.

Litecoin

Market cap: $353.3 million

Price: ₹1,768
Live Chart - https://www.coingecko.com/en/price_charts/litecoin/inr

Year created: 2011

Litecoin sets itself up as the “silver to Bitcoin’s gold.” Confirmations of transactions are purportedly processed more quickly with Litecoin than Bitcoin. The way it’s mined also eliminates some of the advantage for miners with specialized computer hardware.

Ethereum


Ethereum = ₹11,690 Live Chart - https://www.coingecko.com/en/price_charts/ethereum/inr




Peercoin

Market cap: $71.3 million

Price: $3.37

Year created: 2012

Peercoin markets itself as using less energy and being more environmentally sustainable than some of the other coins on the market. It says it is designed to have a 1 percent rate of inflation.


Primecoin

Market cap: $7.1 million

Price: $1.55

Year created: 2013

With this coin, miners have to use their computers to find Cunningham chains, which are sequences of prime numbers. Primecoin touts the mining of such prime numbers as “providing potential scientific value in addition to minting and security for the network.”


Namecoin

Market cap: $26.9 million

Price: $3.30

Year created: 2011

Namecoin was created to explore the record-keeping side of the cryptocurrency technology. It acts as a peer-to-peer, decentralized domain name system for dot-bit domains. People can purchase dot-bit domains with Namecoin, and then Namecoin tracks the transaction in the “block chain,” or public ledger.

*Invest at your Own Risk :an

Share your experience if you have invested or if you know any valuable information regarding Online currencies :-?
 

kit walker

Prime VIP
Staff member
a word of caution is that these currencies donot have a legal status in India. Last week RBI invited papers for asking about these currencies. It will take a long time to get them a legal status.
 

Dhillon

Dhillon Sa'aB™
Staff member
gall kalli kyc di ni privacy di hai,
jehde PAN card te Address proof mang rahe, Credit card / payment method bhi jaror save karde hone.

kall nu siyappa peya ta ki dassange ke Hardwar wala sanyasi tuhadde card to bitcoin kyu le reha :p
 

userid80978

Well-known member
yaar... today every account is eligible for rupay card

Kahdi tension aa. Siddhe account cha paise aune. Card toon pay kri jao
End cha account close kr deo keh k transcations galat jehia lagdia c taan freez kita

Par jeck takda chaida bank cha :p
 
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