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S. dollar or other fiat currencies, but it's doubtful they'll be competitive with gold. Do you want me to predict the Bitcoin price for the next several months? In any case, any bitcoin generated will probably change hands dozens of time as a medium of exchange, so...

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Date: 2017-12-09 00:37:04
Website: https://bitcoin-investment.s3.amazonaws.com

Bitcoin: Welcome to the digital gold rush | Forbes India

Illustration: Sameer Pawar

On December 10, a new bitcoin futures contract listed on the Chicago Board Options Exchange (CBOE) and started trading at $15,400 levels.Nothing unusual there, considering that the digital currency was quoting a little over $16,000 that day in the spot market.

But the new contract didn't quite stay around $15,400 that day. Soon, it surged to $18,850 before settling...

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Website: http://www.forbesindia.com

Gold backed virtual-currencies in a post de-monetization India

Gold backed virtual-currencies in a post de-monetization India

06 December 2016��|��6311 views��|��1

Our ancestors started off with the barter system - something like "I will give you 2 buffaloes in return for 5 shiny new super-sharp axes". Soon they realized that the barter system had too many limitations - everyone didn't want buffaloes, buffaloes were neither divisible (not...

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Website: https://www.finextra.com

Why Bitcoin is the largest Ponzi scheme in human history ...

Why Bitcoin is the largest Ponzi scheme in human history

With Bitcoin supply constrained and increasingly falling short of demand, instead of functioning as a currency, Bitcoin is a speculative empty asset.

analysis Updated: Dec 30, 2017 08:22 IST

Vivek Wadhwa

ATM machines (L and R) for digital currency Bitcoin are seen in Hong Kong on December 18, 2017. Bitcoins' market price is almost certain...

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Date: 2018-01-30 16:49:43
Website: hindustantimes.com

Income Tax Dept. Raids Bitcoin Exchanges In India amidst ...

For the first time in India, Income Tax Dept. carried mass raids across 9 bitcoin exchanges in the country, with the sole aim of finding out whether tax evasion is happening or not.

China has already banned any sort of cryptocurrency trading. Will India too go that way?

We try to find out the truth..

Income Tax Raids Bitcoin Exchanges in India

Across 5 Indian cities: Bengaluru, Hyderabad, Mumbai,...

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Website: http://trak.in

Related topics : bitcoin india exchange / bitcoin digital currency exchange / trade bitcoins in india / bitcoin trading in india / bitcoin investment in india

Gold Versus Bitcoin: The Pro-Gold Argument Takes Shape ...

Sound money advocates who love the concept of cryptocurrencies but don't want to abandon precious metals have been trying to clarify their thoughts of late. Risk Hedge just helped, with a comprehensive statement of the pro-gold position. The following is an excerpt. Read the full article here .

Despite what the crypto-evangelists will tell you, digital tokens will never and can never replace gold...

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Date: 2017-12-30 06:10:03
Website: http://www.gold-eagle.com

Related topics : exchange bitcoin gold / digital currency like bitcoin / how long will it take to get 1 bitcoin / will bitcoin be the one world currency / digital currency exchanger in india

Bitcoins in India: Online trading, exchange price and ...

After 300 percent price rise in a year, Bitcoin has become an interesting Investment option for everyone. Bitcoin has instilled curiosity and excitement for investors and despite it fear of risk is prominent, whether to invest in Bitcoin safe or not. Bitcoin recently got highlighted in the news during Ransomware attack as hackers looked keenly interested in bitcoins. Most of the malicious transactions now days by hackers involves bitcoins. Last month Japan's biggest electronics retailers, Bic Camera, began accepting bitcoin at two stores in Tokyo.

At present, there are only 21 million bitcoins available in the market. By the end...

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Website: https://www.newsfolo.com

Where and How to Purchase Bitcoins: Safe Ways to Buy BTC ...

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Is Better Buy or Mine Bitcoins?

How long does it take to mine a bitcoin and what is better: mine or buy? In our opinion, mining became a rather troublesome activity to be engaged in currently. Miners are currently spending over $10,000 on average, some even more, to move faster than others. Mining also takes long time while trading could be carried out instantly, making it a better...

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Website: https://the-bitcoin.com

Alert Bitcoin investors! RBI issues another warning, says ...

Alert Bitcoin investors! RBI issues another warning, says cryptocurrencies have some risks

� BusinessToday.in ���New Delhi���� Last Updated:�December 8, 2017 �|�12:13 IST

Bitcoin breached $12000 mark on Wednesday for the first time ever. The virtual currency has soared more than 1,000 percent since the start of the year. Last Wednesday, it was trading at $9,500. Nothing...

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Website: http://www.businesstoday.in

Related topics : virtual currency and the financial system the case of bitcoin / digital virtual currency and bitcoins / virtual & digital currency and payment systems / virtual currency exchange bitcoin / virtual currency bitcoin

Bitcoin breaches $10,000 mark; should you still bother to ...

Warren Buffet last month called bitcoin as a real bubble. In September this, JPMorgan Chase, Chief Executive Officer Jamie Dimon called bitcoin "Fraud" "worse than tulip bulbs." But, not just individuals but even countries seems to be divided on this issue. Firstpost spoke to K. Vaidyanathan, Lecturer Finance at India School of Business regarding bitcoin and crypto-currency in general.

According...

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Website: http://www.firstpost.com