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      "author": "steemitboard",
      "permlink": "steemitboard-notify-bitcoinnewser-20190706t062359000z",
      "title": "",
      "body": "Congratulations @bitcoinnewser! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@bitcoinnewser/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@bitcoinnewser) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=bitcoinnewser)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "permlink": "in-india-cryptocurrency-case-s-sc-sets-final-date-that-is-11th-september",
      "title": "In India Cryptocurrency Case's Sc Sets final date that is 11th September",
      "body": "![1.jpg](https://cdn.steemitimages.com/DQmTn6ZzRUyPc7XyExg52ZVx8CQToFGWs4KDi8gu2SQTS1L/1.jpg)\n\n• The three-judge bench heard limited arguments today\n• SEBI and some other parties are yet to file their arguments\n• The court has listed the matter on September 11, for the final disposal\n\nShare your thoughts. what could happen on 11th september.Will withdrawals will resumes ?",
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      "permlink": "how-you-can-buy-cardano-easily-check-it-out",
      "title": "How you can buy cardano easily ! Check it out ....",
      "body": "![1.png](https://cdn.steemitimages.com/DQmR8kmCiovok2xqj8rLxwxhq8KeCZrmdj8vG4zXucm5zkh/1.png)\n\nGiven the popularity of Cardano (ADA), I am surprised at how underrated it is even today.\n\nBut believe me, it is not going to stay like that forever.\n\nOne less known fact about Cardano is, it is sold as an “investment to retire on” in Asia, specifically in Japan and has a fantastic team backing it.\n\nFor the uninitiated, Cardano, an open-source blockchain 3.0 platform for building DApps and smart contracts, is the top contender of being the Ethereum killer.\n\nCardano has been in the top 10 cryptocurrencies by market cap (as per CoinMarketCap) since December 2017.\n\nBut many in the cryptosphere remain unaware of Cardano and how to buy it.\n\nThat’s why in this article I will tell you how you can buy Cardano to make it a part of your long-term investment portfolio and where you can do that.\n\nLet’s get the ball rolling.\n\nHow To Buy Cardano\n\nBeing in the top 10 of CMC is enough to get noticed, and that’s why buying it is easy. A lot of exchanges and services have Cardano listed.\n\nBefore that, it is important to understand the ways in which you can buy Cardano (ADA). Here are some of the popular ones:\n\n    Buy ADA using credit/debit cards\n    Buy ADA for cash\n    Buy ADA from bank deposits or wire transfers\n    Buy ADA using other cryptos\n    Buy ADA using BTC/ETH\n    Buy ADA from peer-to-peer sources\n\nOnce you know ‘how to’, you just need to know ‘where to’ go to buy ADA.\n\nWhere To Buy Cardano\n\nI have simplified things here by listing services in each of the categories that we have discussed in the previous section.\n\n#1. Buy ADA using credit/debit cards\n\nUsing credit/debit cards is the easiest way to get hold of any cryptocurrency, and ADA is not an exception. However, there is only one service that lets you buy ADA using cards.\n\n    Coinmama\n\nBefore using Coinmama for buying ADA, you need to complete their registration and KYC post which, you will be able to buy ADA using a card. Also, make arrangements for your Cardano wallet beforehand, as, unlike other services, Coinmama doesn’t provide an inbuilt wallet.\n\n#2. Buy ADA From Bank Deposits Or Wire Transfers\n\nOne can buy ADA from services that accept bank deposits or wire transfers. But there are very few services like that allows you to buy ADA through their fiat linked crypto wallets. For now, you can buy ADA for EUR, GBP, INR, and KRW fiat currencies. Here are those services:\n\n    LiteBit.eu: Supports EUR.\n    Bithumb: Supports KRW.\n    Cryptomate: Supports GBP.\n    Bitbns: Supports INR.\n\n#3. Buy ADA in exchange for other cryptos or ETH/BTC etc.\n\nAnother easy way to get hold of ADA is through centralized cryptocurrency exchanges that sell ADA.\n\nThrough these exchanges, you can exchange one cryptocurrency for another by paying a marginal trading fee. Similarly, if you have ETH, BTC, LTC or USDT, you can exchange these for your ADA cryptocurrency.\n\nHere is the list of established cryptocurrency exchanges where you can exchange other cryptos for ADA:\n\n    Binance: Supported pairs are ADA/BTC, ADA/ETH, ADA/USDT, ADA/BNB\n    Huobi: Supported pairs are ADA/BTC, ADA/ETH, ADA/USDT\n    Gate.io: Supported pairs are ADA/BTC, ADA/USDT\n    Bittrex: Supported pairs are ADA/BTC, ADA/ETH, ADA/USDT\n\n#4. Buy ADA for cash or through peer-to-peer sources\n\nBuying ADA for cash or through peer-to-peer sources is difficult because there are no ADA ATMs like Bitcoin, nor does Cardano have escrow P2P platforms like LocalBitcoins.\n\nHowever, that doesn’t mean that you can’t deal in peer-to-peer fashion if you get a deal. But mind you such dealings can be a fraud because you are solely trusting the buyer and seller. That’s why I won’t recommended this method unless it is the last option.\n\nConclusion: Buy Cardano (ADA) Cryptocurrency Now\n\nAs we speak, Cardano is sitting at #9 of CMC and is expected to grow more with its development happening at a consistent pace.\n\nPlus, because its lead developer is the former co-founder of Ethereum, with full focus on Cardano, you can expect something worthwhile from this affair.\n\nIn my analysis, I found ADA crypto slightly better than Ethereum, but that’s just on paper because Cardano yet has to hit the market in full force and it is likely that it will happen in next 10-12 months.\n\nLastly, don’t keep ADA in services and exchanges that I have listed above in this article. Instead get yourself a Ledger Nano S because it is going to be the first Hardware wallet that will support ADA and development has been happening from some time.\n\n\nNow it’s your turn to tell me: Are you invested in ADA? If yes, which method have you used to buy your ADA from the above list? Did I miss any other notable ways to buy ADA? Let me hear your thoughts in the comments below!\n\nRegards,\nBitcoin Newser",
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      "permlink": "how-an-girl-earned-usd153-000-and-changed-her-life-you-may-try-it-read-her-whole-story-interested",
      "title": "How an girl earned $153,000 and changed her life. You May Try it. Read Her Whole Story. Interested !!",
      "body": "Do you have enough money? Do you have everything you've been dreaming of? Are you happy with how your life is going? If the answer is 'Yes', then just don't waste your time and close this page.\n\nThose who answered 'No', go on reading. I'll tell you how to quit your annoying full time job and start earning $200 or $300 a day just in 2 days, from the comfort of your home. \n\nI succeeded in it, and if you want, you'll be successful, too! It won't hurt me if I share this secret with you, while it will help some of you to change your life for good and finally become financially free.\n\nFirst, a couple of words about myself. My name is Kusum Panja. I'm 26, I live in Panipat and I'm just an ordinary girl from a family, which cannot by any means be called 'rich'. I was born to middle-aged parents. My Mom was a nurse at a clinic, while my Dad was a dump truck driver.\n\nWhen a girl, all I remember was that my parents made every effort to buy the cheapest food and clothes possible. If they were lucky enough, they would save up a bit for vacation. We even could go to Boracay once in 3 or 4 years.\n\nOnce graduated from high school, I didn't even think about going to college, as I needed to earn money for my parents (already retired) and myself.\n\nSo I found a job instead, worked as a sales assistant, with a monthly salary around ₹4000. It was 2008, and this was quite a good salary in Panipat.\n\nI made enough money for living, but I had a dream, which was to buy a brand new Mercedes Benz. I knew it was super expensive and I'd have to save up for years. However, this was fine with me. After all, it was a dream, and you just can't make your dream come true in a day or two. Well, this is what I thought at the time...\n\nIn a few years, the financial crisis came. It was December 2007, prices jumped up, people were in panic. I actually had nothing to lose, so I just went on working as usual...\n\nHowever, 3 months more passed, and the children wear shop I worked at turned bankrupt, so here I was, with no job nor income sources at all, having to live on my parents' savings.\n\nThese were actually very sad times. I was looking desperately for any possible job opportunity on the Internet, but after nearly two months, there were no results at all.\n\nAnother two weeks passed, and I was about to abandon all hope, then suddenly I looked into a web page. This was a story about a guy who had earned $5,000 online, in front of his computer, without even leaving the house he lived in!\n\nHe said he had traded binary options via OlympTrade.\n\nI felt dizzy. Could it be the opportunity I'd been looking for, the one that comes up once in a lifetime? \n\nAt first, I hardly understood anything, but I went on reasearching more info, websites, forums, blogs, and other sources on this topic, and, eventually, I became quite knowledgeable in it. I felt so happy that I even remember this now. It was so exciting to think I became an expert and could now start earning cash online...\n\nNow, let's put my story aside for a bit, as I also want you to know what I'm talking about. I'm going to tell you what are binary options, in a nutshell, so that you don't have to research dozens of websites, just like I did. I'll just save you a lot of time and effort.\n\n\n\nBinary options are a complete way of earning in the financial markets, which is very simple, quick, and extremely effective. You probably know what financial markets are venues where currencies, such as the dollar, the euro, or the pound, are are traded 24/7, and with no breaks or days off whatsoever.\n\nWhat you need to do is just open a free account on a binary options website (a broker website), then make a deposit, select an investment amount and predict where the price (for example, the US dollar exchange rate) will go in a few minutes or hours.\n\nThere are only two options available: High or Low. The trade may last for any time from 1 minute to 3 hours (the expiry time), and you may select any time frame in between. If your prediction is correct, your investment amount is nearly doubled; if it is wrong, well, you just lose your investment amount.\n\nSo, this will actually be your job if you follow my instructions. This is called 'traing', and a person who works in such a way is called a 'trader'. As a trader, you can work any time wherever you are, all you need is a computer with stable internet connection. As you see, it's pretty simple, even a 10-year-old would understand how it works!\n\n\nWhen I finally became fully knowledgeable about the process, I got so excited that I knew I needed to try it out right away.\n\nI signed up for a free account at OlympTrade, the same broker that the guy wrote his story about. Later, I learnt this was indeed one of the best binary options brokers on the net.\n\nOnce I opened my account, I got $10,000 in demo credits, very handy for testing and practising. This is also absolutely free for all.\n\nSo I started trading with these virtual credits, and just in a single hour I made a 11,000 profit! Of course, these were just demo credits, while I was hunting for real cash. Well, you can't do that without depositing, and with OlympTrade, this is not an issue at all, as you've got many deposit options, such as major credit cards (Visa or MasterCard) and e-wallets. \n\nI made a deposit the very same day using my old Visa card, which I used while I still worked at the shop. I decided to invest a small amount first, and this is a great advantage of OlympTrade, as you can start trading with as low as $30! Well, this is an amount even I could afford at the time.\n\nI had hardly traded for an hour with my real cash when my account balance rose to $64. This was really incredible!!! My heart was about to burst, and I could hardly breathe! The only thing I could think of was: Ngiyabonga Jesu! I MADE IT!!!\n\nI didn't sleep at all that night, and by the next day I already had $197 on my account. Yes, that's right, a hundred and ninety-seven US dollars!!! With just $30 I had deposited the day before. I couldn't believe it!!! I would have been stuck to my computer forever and ever, but I still needed to get some sleep, so I just headed to bed, while every step cost me effort. \n\nOnce I woke up at around 9AM, I logged into my account first thing. $197 were still there. Not a dream, then!\n\nFor the whole next day, I was completely stuck to my PC, and at midnight my account balance was at $473!!! I think I will remember this number forever, as this was my first serious success.\n\nLook, $473-$197 makes $276, this is how much I earned in 12 hours. I had not earned such an amount in less than a day before!\n\nThat night, before going to bed, I made a withdrawal request to cash out $200 on my Visa card. Before I fell asleep I was still wondering whether this all was real...\n\nI woke up in the morning when I got a text on my cell. This was my bank informing me on $200 credited on my account. $200!!! Just arrived on my card!!!\n\nThe day before, after making a mobile payment and an Olymp Trade deposit, there had been less than $10 left. And then – $200...It worked!!!\n\nThis was a great day, the greatest of all in the last few years.\n\nNext week, I earned more than $5,000, in two months, $16,000+ more, in other two months, around $55,000, and then I could finally afford a brand new Mercedes Benz at $153,000!!! The car of my dreams, the dreams that had been almost forgotten...\n\nYes, I had to take out $20,000 loan, but with my earnings this was quite manageable. Just in two more month I was able to pay that loan back. \n\nLook, here I am with my Mercedes Benz. Right on the day I bought it. \n\nNow, while typing this post, I'm just trying to remember it all over again... How did I make it? And the answer is quite simple: I just believed in myself! First, I found an opportunity, and then I believed I could make money just like that guy on the web page. And that's it!\n\nSo, you need to believe you'll be able to make it, too. This is very important, as you won't achieve anything without it. Never ever! If you don't believe in yourself, you'll start thinking all the best moments in your life are already gone. And this will be the case, if you keep thinking that way...\n\nIf you are hopeless and do not trust anything or anybody, you won't be able to spot your life changing opportunity.\n\nTry to look for such an opportunity everywhere, in every event that happens around you, in every person you meet, in every story you read on the net... Just everywhere! Always try to use these opportunities, they are totally yours! And then you'll finally make it!!! \n\nFor some reason, I had always believed I will be be able to buy the car of my dreams. And I did buy it! I didn't save up, just bought it, as I had enough money to pay it. I've got an income source that will never be exhausted; quite the reverse: it brings more and more money every single minute! And yes, I no longer have to report to any boss or work long hours without even a chance to sit down, as it was before. \n\nI make more money in a single day than I used to make in a month. And I feel incredibly free!!! \n\nWas that actually a miracle? Could be. But still, it happened, so it was real. I just read an article, believed i myself and made a decision. This is how I made it! \n\nOh well, enough memories for now, as I'm already going quite off-topic......... Her Own Wordings !\n\n\nRegards\nBitcoin Newser",
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      "body": "Thanks Tomask-de : )",
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      "body": "Nice read. I leave an upvote for this article *thumbsup*",
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      "author": "bitcoinnewser",
      "permlink": "daily-crypto-technical-price-analysis-bitcoin-ethereum-and-bitcoin-cash-9th-july-2018",
      "title": "Daily Crypto Technical Price Analysis – Bitcoin, Ethereum & Bitcoin Cash, 9th July 2018",
      "body": "Bitcoin is representing a fall of 0.3% in last 24-hours.\n\n\n![BITCOIN.png](https://cdn.steemitimages.com/DQmVtJ3x2Gfa7q55snsqxjmDfjjc6WiEhQF9BcEqAhvjP5G/BITCOIN.png)\n\n\nAs we mentioned in our previous weekly analysis, BTC having moved over the descending channel has formed the likeliness of the short-term bullish view which will face immediate resistance close to the $6,950 – $7,000 level which also collides with the 50-day EMA.\n\nDespite little action, BTC has managed to maintain its minor gains over last few days and is consolidating on higher levels which gives us an optimistic view. A breach over the 50-day EMA will open BTC to move higher to long ranged downtrend line currently representing at $8,000.\n\nConclusion : BTC finds short-term bullish view with the immediate hurdle of $7,000 to be crossed. On lower side $6,400 and $6,250 forms intraday support with latter being a stronger support. Our analysis will be invalidated if BTC falls below $6,250.\n\n\n\nEthereum:\n\n\n![Ethereum.png](https://cdn.steemitimages.com/DQmRnmfvb4fK5WPPpQJVuQsj5HxZaCE9zzeycYCB4X7F4LT/Ethereum.png)\n\n\nTrading at $470, ETH is representing a 0.8% fall in last 24-hours.\n\nETH chart is looking similar to the one of Bitcoin, where the respective asset has moved over its immediate resisting line of the descending channel. ETH forms next resistance at the level of $550 and hence, a potential move towards the particular level can be expected in coming time with immediate intraday support at 440.\n\nOn lower side, $440 and $415 forms strong support for the relative short-term bullish view.  A move to $550 and if breached, can further take the momentum up till $635 where there will be very stiff resistance formed.\n\nOur short-term bullish view will be invalidated if ETH falls and gives a day-close below $440.\n\n\nBitcoin Cash:\n\n\n![Bitcoin-Cash.png](https://cdn.steemitimages.com/DQmUWpjwQnnLoK5KXRvQcVzzAas1Y9tkAGw5u1u6HVK1CPM/Bitcoin-Cash.png)\n\n\nBCH is representing a fall of close to ~3% in last 24-hours and has been among the weakest of all the major cryptocurrencies by market capitalization.\n\nBCH having moved over the downtrend line of resistance has still not gained interest among the buyers to get its price over the 20-day EMA and is constantly resisting against the same. The inability to move over the 20-day EMA puts the pull-back BCH pull-back theory in jeopardy.\n\nBulls, in order to succeed will have to defend their immediate support of $700 and move over the 20-day EMA for a move up to its overhead resistance of $880 and then, $985 respectively. A break-down and close below $700 will invalidate the short-term bullish trend which BCH has tried to establish crossing the downtrend line.\n\n\nTraders can smartly use their skills and can refer to the technical levels above to make their own optimised trade decisions. Happy Trading..!! \n\nRegards,\nBitcoin Newser",
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      "body": "Congratulations @bitcoinnewser! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/posts.png)](http://steemitboard.com/@bitcoinnewser) Award for the number of posts published\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard World Cup Contest - Quarter Finals - Day 2](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-quarter-finals-day-2)\n\n---\n**Participate in the [SteemitBoard World Cup Contest](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-collect-badges-and-win-free-sbd)!**\nCollect World Cup badges and win free SBD\nSupport the Gold Sponsors of the contest: [@good-karma](https://v2.steemconnect.com/sign/account-witness-vote?witness=good-karma&approve=1) and [@lukestokes](https://v2.steemconnect.com/sign/account-witness-vote?witness=lukestokes.mhth&approve=1)\n\n---\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "body": "Congratulations @bitcoinnewser! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@bitcoinnewser) Award for the number of upvotes received\n[![](https://steemitimages.com/70x70/http://steemitboard.com/notifications/post4day.png)](http://steemitboard.com/@bitcoinnewser) You published 4 posts in one day\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard World Cup Contest - Quarter Finals - Day 2](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-quarter-finals-day-2)\n\n---\n**Participate in the [SteemitBoard World Cup Contest](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-collect-badges-and-win-free-sbd)!**\nCollect World Cup badges and win free SBD\nSupport the Gold Sponsors of the contest: [@good-karma](https://v2.steemconnect.com/sign/account-witness-vote?witness=good-karma&approve=1) and [@lukestokes](https://v2.steemconnect.com/sign/account-witness-vote?witness=lukestokes.mhth&approve=1)\n\n---\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://www.zeebiz.com/india/news-is-there-any-future-for-bitcoin-in-india-42424",
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      "author": "bitcoinnewser",
      "permlink": "what-will-the-future-of-bitcoin-in-inr",
      "title": "what will the future of bitcoin in inr ?",
      "body": "Hello friends i am going to share my thoughts on bitcoin's future. Here it is below:-\n\n![images.jpg](https://cdn.steemitimages.com/DQmchHqUCqAmA9WHHZCC3RyaYbF6FWbMWEbN4JBGKFoDxai/images.jpg)\n\n\nA Bitcoin which last year valued nearly Rs 12 lakh in India, has now more than halved to near Rs 4.62 lakh.Bitcoin struck the world like a flu, but in a very short span of time the coin witnessed the moments of limelight as well as downfall. The craze for this currency was such that if an investor could not afford to have it, they did not shy away from trading in other cryptocurrencies. Global banks and many other regulatory authorities across the nation, however, are indicating that Bitcoin has entered bubble phase, but this is not something new as it has already witnessed the soap bubble phase, and that could not stop the coin from making headlines.\n\n\n Nevertheless, the coin is not hated among all, as there are many countries who have started encouraging trading in Bitcoin, but India is not one of them. Both Indian government and its apex bank have refrained from giving Bitcoin a legal status. \n\n\nWhile banning exchanges dealing with virtual currencies, the Reserve Bank of India (RBI) on April 5 revealed that they are exploring  a 'fiat digital currency'.This can be a good start for India, but how will RBI plan to regulate ‘fiat digital currency’ would be keenly watched. The industry chamber, Assocham, encouraged RBI’s move, but the cautioned that extreme care be taken to ensure safety of the data trail that the cryptocurrency can leave as it changes hands through a range of electronic devices and platforms.\n\n\nA Fiat digital currency is something which a government declares to be legal tender, but it’s not backed by physical commodity. Trading under this currency is carried from relationship between demand and supply which is not derived from the value of money is made of. Most currencies are physically based commodities like gold and silver, but fiat money is solely dependent on the faith and credit of the economy. It needs to be noted that fiat digital currency and virtual currency have similar operations. The only difference is that they are unregulated and are usually controlled by their developers and accepted among the members of a specific virtual currency. \n\n\nIt’s quite evident why RBI is still not comfortable with Bitcoin and other cryptocurrencies. The central bank is so much against the virtual currency that recently it licenced three exchanges for launching Blockchain network - where no trading in Bitcoin was carried. The question can be asked if Bitcoin would can be valued as a currency in India, or will there be any future for this coin?. \n\n\nThe fact is that the RBI has neither declared Bitcoin as illegal in India, nor it has accepted the coin as a currency. So far, the apex bank has just highlighted the risk this virtual currency came with, and how investors should be cautioned while trading in them. \n\n\nAs per section 2(h) of Foreign Exchange Management Act, 1999 notified by RBI,  “Currency” includes all currency notes, postal notes, postal orders, money orders, cheques, drafts, travellers cheques, letters of credit, bills of exchange and promissory notes, credit cards or such other similar instruments. Bitcoin doesn’t fit in any of the illustrative names, however, a Vinod Kothari Consultants research report earlier stated that  if RBI wants, it can certainly notify it to be included in the above definition.\n\n\nIf Bitcoin cannot be a currency, then can it be one of the coins.? \n\nAs per section 2(a) of Coinage Act, 2011, the word coin is referred as any coin in the form of meal or any other material stamped by government or any other authority empowered by the government in this behalf. \n\n\nFrom the above definition, it means ‘coin’ does not include the credit card, debit card, postal order and e-money issued by any bank, post office or financial institution. Therefore, Bitcoin is certainly not metal or even any other material for that matter. Further, a currency is classified into centralized and decentralized. Those which are governed by central repository or a designated entity  for sake of trust over transactions taking place are termed as centralized currency.  But bitcoin doesn’t work like that.\n\n\n Transactions in bitcoin take place on a decentralized P2P system, where all entities operate independently, and hold the entire risk of dealing in the same.Then comes into picture FEMA’s framework in section 2(m), where talks about ‘foreign currency’ means any currency other than Indian one. According to the research report, RBI can explicitly declare bitcoins to be currency, but in this case, it would fall under the definition of foreign currency and be dealt with accordingly.\n\n\nHowever, current situation is such that, Bitcoin does not fall in any of the above definitions, thus, it is not included in foreign currency category either, as per FEMA. Therefore, RBI would have to explicitly notify it to be such in the first place.\n\n\nSo is there any future of Bitcoin? \n\nA crypto exchange, PocketBits, on RBI’s move tweeted, “As things stand this is nothing new, most of the Indian crypto exchanges do have banking as most banks have already withdrawn from crypto-related transactions since months.”\n\n\n![DaBgPdVXkAAN5Mq.jpg](https://cdn.steemitimages.com/DQmWCvrtLZZ8H2PT3XrPyXvJXWa9aEZsxwbGrGnSTSPNh7m/DaBgPdVXkAAN5Mq.jpg)\n\n\n“This is just a speedbreaker to stifle innovation, there is no BAN on crypto in India,” PocketBits said.Bitcoin has already witnessed a Bubble phase in the year 2013. The price of one Bitcoin was at $1,147.25 on December 4, 2013, which came down more than half to $522 within 15 days on December 18, 2013.\n\n\n There are about 1,548 cryptocurrencies currently open for trading, with Bitcoin dominating the market. Bitcoin is available for trading since 2009, and due to the last year’s blockbuster performance, it managed to give return 18,329.91% or 184.30 times return. \n\n Bitcoin is currently trading at $6,824.63, up by 1.53% with market cap of $116.35 billion, as per CoinMarketCap.\n\n\nShare your reviews guys and thanks for your votes in advance.\n\nRegards,\nBitcoin Newser",
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      "body": "hello and yes for sure we can be friends thanks for upvote and i followed you too : )",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://bitcoinist.com/bitcoin-past-present-future-week-review/",
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      "permlink": "what-is-bitcoin-from-where-it-started-and-till-where-it-would-go",
      "title": "What is Bitcoin ? from where it started  and till where it would go ?",
      "body": "Hello friends i am going to write some news about bitcoin and where its price will go. Bitcoin was the first blockchain based cryptocurrency and is still the market leader based on market capitalization. However, even as the benchmark in the crypto ecosystem, it remains exceptionally volatile.\n\n\nCryptocurrency and blockchain technologies continue to spread across the globe, yet somehow, the most well-known cryptocurrency has been plummeting all year long. Bitcoin (BTC) is currently the world’s most valuable cryptocurrency with a market cap of $114.4 billion. After it set its record value of nearly $20,000 per coin in December 2017, BTC has lost more than 70% of its value, currently trading at $6825.33 +0.02%.\n\n\nSo why is Bitcoin valued at where it is today and what is in store for the future of Bitcoin? To understand the future, one must analyze the past.\n\n\nWhat is the bitcoin's past ?\n\nAfter the blockchain and cryptocurrency explosion and bull market of 2017, BTC started 2018 on a different pace. Q1 of 2018 was Bitcoin’s second-worst quarter in history for the token, with the value of BTC falling to approximately $5,900. The current price of Bitcoin continues to linger between $5,900-6,700, but the big always prevalent questions are, why are we here, and where is Bitcoin going? \n\n\nJust last week, most trending analysis tools showed bitcoin to be on a downward trend. The problem with BTC’s current DMI is that it is on its strongest negative trend since the large sell-off in Q1. While DMI is an extremely useful tool, the ADX tool is a little more helpful in a volatile market.\n\n\nADX values are important to distinguish whether the conditions are currently trending or not trending at all. The correlation between ADX value and strength is as follows; 0-25 is considered absent or weak, 25 is considered strong and is usually a tipping point for traders to apply trend trading strategies.  The ADX line for BTC was at 39.3 last weeks, which classifies it on the strong side since it is over 25. This means that the downward trend Bitcoin was experiencing was predicted to be strong and likely to continue. While the trend analysis tools predicted one thing, this time, the market went in the opposite direction.\n\n\nWhat is the bitcoin's present ?\n\nThe Coinbase exchange, founded in 2012, has over twenty billion dollars in cryptocurrencies on the exchange and a user base with more than twenty million users on the platform. New this week, Coinbase announced it is providing an easy way for institutional investors to enter the market through its launch of Coinbase Custody.\n\n\nThis is a strong move for Coinbase and will likely prove to be a smart choice as the financial giants that once steered clear of Bitcoin and other digital currencies are now wishing to enter the cryptocurrency market. After seeing the profits and volatility in the market, these giants are about to pump financial resources into the crypto ecosystem.\n\n\nLaunching Coinbase Custody was good for the crypto-community as a whole because massive amounts of incoming capital would not only bring more legitimacy to the market, but it also helps raise the prices. At least ten funds have reportedly already signed up for the service.\n\n\nWhat coinbase's ceo said about bitcoin ?\n\nOver 100 hedge funds have been created in the past year exclusively to trade digital currency. By some estimates there is $10B of institutional money waiting on the sidelines to invest in digital currency today.\n\n\nThe FUD that led to Bitcoin’s most recent drop in value most was news of a hack on the Binance Exchange. The initial belief was that a block was mined and by some way shape or form that created one billion new SYS. The truth, however, was that the attackers were simply moving the same 40 million SYS around.\n\n\nAs such, the attack was not a hack in the conventional sense of the word, even though the end result was similar. While this was a simply SYS scheme to make money, the Binance network was accused of a hack and whenever a large exchange is accused of a hack, the price of Bitcoin plummets.\n\n\nThat is why the price Bitcoin is where it is today. While the trend analysis tools can give us insight into what the future may hold in store for crypto. Changes in regulation, big news (e.g. the Swiss stock exchange launching its own crypto exchange), and quality products will continue to shape the value of projects in the industry.\n\n\nWhat will the future of bitcoin ?\n\nAccording to the trending trading strategy tools and charts, the ADX is just above 20 opposed to 39.3 just last week at the time of writing. When the ADX is rising, the current trend is getting stronger. The opposite is also true when the ADX is falling, the current trend is weakening. Meaning, the negative trends of last week’s predictions have turned around and are now pointing Bitcoin in a positive direction. The most profitable trading decisions are not acts based on emotion but are thoughtful decisions made from objective signals in the market.\n\n\nNot only do the charts foreshadow things may be turning in a more positive direction, but financial experts, developers, and celebrities in the crypto-community have had hope for the future for Bitcoin since the beginning of summer. Could these experts be right?\n\n\nFundstrat Global Advisors has predicted that Bitcoin will be valued at $64,000 by the end of 2019. Fundstrat’s Tom Lee is a bit more conservative, though he has doubled down in predicting that Bitcoin will reach $25,000 by 2019. While the short-term trend trading momentum continues to shift between bulls and bears, experts remain confident in Bitcoin’s long-term future.\n\n\nListening to experts is never a proper way to investment (by itself), however. It is a start, but the best investments are made from diligent research and trade strategies completed by the individual investor. The current trend trading strategies tools are starting to show hope for a rise in Bitcoin price value $6825.33 +0.02%. The most recent drop in value was due to FUD that Binance will most certainly correct and overcompensate for, and Coinbase (one of the top exchange platforms in the world) will be expanding to institutional money for the first time. The giants in the financial world are about to enter the market.\n\n\n![index.jpg](https://cdn.steemitimages.com/DQmaRDHh3Jui1tDFpkaCWZNfzRwQCC3uiPCRF3Af4boZYCE/index.jpg)\n\n\nThe market cap just one week ago was 105.5 Billion, this week it is $114,360,247,885. The Bitcoin network is currently growing, its technology is constantly improving, and one of the most popular US exchanges is allowing institutional money to have easy entrance to the crypto-world for the first time. How this will affect the value of Bitcoin…\n\n\nGive your reviews  and if there is any question you want to ask kindly ask it.\n\nRegards,\nBitcoin Newser",
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      "body": "Hi. I like your content! I just upvoted you and follow you! Can we be friends? I interested cryptocurrency and trading.",
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      "permlink": "how-peoples-using-peer-to-peer-way-after-rbi-decesion",
      "title": "How peoples using peer to peer way  after rbi decesion",
      "body": "Hello friends i am going to tell you after rbi banned banks  who supply their money for cryptocurrency.\n\nAs the going gets stressful, cryptocurrency industry is toughening itself by adapting to the evolving environment. After the denial of Supreme Court (SC) to offer interim relief, virtual currency players have moved to new operating models like peer-to-peer transfers or crypto-to-crypto trading to ensure continuity of their business and offer assurances to their users.\n\nAs the going gets stressful, cryptocurrency industry is toughening itself by adapting to the evolving environment. After the denial of Supreme Court (SC) to offer interim relief, virtual currency players have moved to new operating models like peer-to-peer transfers or crypto-to-crypto trading to ensure continuity of their business and offer assurances to their users.\n\n![index.jpg](https://cdn.steemitimages.com/DQmaRDHh3Jui1tDFpkaCWZNfzRwQCC3uiPCRF3Af4boZYCE/index.jpg) \n\n\nA peer-to-peer model does not require a bank account and entails direct cash transfer between the sellers and buyers with exchanges taking the responsibility of transferring the cryptocurrency.  \n\n\n“A week back, we announced an alternative to the existing model to tackle the problem that people would face on stoppage of services from banks. It is the peer-to-peer model. For this, we don’t need to have a bank account to provide services for cash-in and cash-out of cryptocurrencies. Here, you transfer your money to the seller directly using any fine tech unified payment interface (FT UPI). Once the buyer has done the cash transfer and the seller confirms to us that he has received the money from the buyer, we transfer the crypto to his WazirX wallet. That is our responsibility,” he said.\n\n\nShetty saw SC denial of interim relief by striking down the industry plea to extend the Reserve Bank of India (RBI) deadline of July 6 as a “minor bump in the road”.\n\n\nOn April 6, the central bank came out with circular directing banks to withdraw all services being offered to cryptocurrency industry in three months. The shift to an operating model would increase the time for cash-in and cash-out of cryptocurrencies.\n\n\n“Through a bank account, it used to take five minutes to 10 minutes for an entry into or exit from cryptocurrencies. It may now take an hour or two or maybe less depending on the demand and supply. If you look at it in perspective, it still is faster than you cashing in and out of equity market today; which takes longer. It takes a day or two for the money to reach your bank or for you to take delivery of your assets (in stocks),” said Shetty.\n\n\nAshish Singhal, co-found & CEO of CoinSwitch.com, said the other model that will now gain popularity is the crypto-to-crypto trading, where users convert one virtual currency to another.\n\n\nHe said these alternative methods for trading in cryptocurrencies were fraught with challenges of frauds and leakages, which will require technological innovation and regulatory framework to resolve.\n\n\nSinghal believes since the new model was based on people-to-people and cash transfer modes, they could also face the central bank curbs.\n\n\nHe feels the sentiment in the cryptocurrency industry was largely low with negative commentary coming out of the government and the Reserve Bank of India.\n\n\nHowever, despite the despondency, exchanges are not about to shut shop any time soon.\n\n\nRegards,\nBitcoin Newser",
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      "permlink": "cheetah-re-bitcoinnewserintroduction-of-bitcoin-and-another-cryptocurrencies-in-india-and-europe",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://vinodkothari.com/wp-content/uploads/2017/08/Bitcoints-India-Report.pdf",
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      "parent_permlink": "india",
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      "permlink": "introduction-of-bitcoin-and-another-cryptocurrencies-in-india-and-europe",
      "title": "Introduction of Bitcoin And Another Cryptocurrencies In India And Europe",
      "body": "A bitcoin is a virtual currency first introduced in the year 2008 by an anonymous group called Satoshi Nakamoto. It’s an open source peer-to-peer cryptographical system (direct connections without an intermediary) where transactions happen through a public ledger called blockchain, handling users’ data anonymously. Eight years since its introduction, bitcoin is today the most widely used and accepted digital currency\n\nOther forms of crypto-currencies/virtual currencies\nBitcoins are the most sought after cryptocurrency in the market. However there are several other currencies which have gained momentum ever since the concept has been introduced.\nBelow are some other of cryptocurrencies that exist:\n\n![eth.jpg](https://cdn.steemitimages.com/DQmdr1MJx2nhPL2NKLXWnijwHb21UgmHGUPRFB6KTRxfnn1/eth.jpg)\n\n1. Ethereum – Ethereum is the second most famous name in the virtual currency market. It somewhat similar to the concept of bitcoins however it possesses some additional attributes. It is purely a blockchain based platform. What makes it special is the Ethereum Virtual Machine. The blockcain in ethereum is used not to store the data of the transaction but to make sure smooth run of a decentralized application.\n\n![ripple.jpg](https://cdn.steemitimages.com/DQmNzuUUK4M7TMruDeXPD8mpxWsthA9zTVZVUGuaaYwbVnh/ripple.jpg)\n\n2. Ripple – Ripple is more in the nature of a payment protocol created and developed by a company named Ripple, which is based on the concept of Real time Gross Settlement. It was initially released in the year 2012.\n\n![nem.jpg](https://cdn.steemitimages.com/DQmT3s7DfHnWqACLj78ae5r4MmQFETKTAvaxUD9GX5WUaf8/nem.jpg)\n\n3. NEM – Similar to bitcoin, NEM is also a peer-to-peer blockchain platform launched in the year 2015. It uses the unique Proof-of-Importance algorithm , a way to validate transactions and achieve the distributed concensus.\n\n![litecoin.jpg](https://cdn.steemitimages.com/DQmYX5e5xGLym6X8Bfhh8xnY8KbdP64wALm2JHM1AeqHC1i/litecoin.jpg)\n\n4. Litecoin – Initially introduced in the year 2011, litecoin is mostly identical to bitcoin. What makes it stand out is the use of Segregated Witness and the Lightning Network.\n\n\nSome other cryptocurrencies are bbqcoins and dogecoins which have not gained much significance due to their technical shortcomings and inability to stand out.\n\n\n\nBlockchain technology\n\nMost cryptocurrencies are based on blockchain technology. In simple terms, it is a system to transfer and store data or information that is generated while transacting in a cryptocurrency.\n\nA recent Whitepaper on Blockchain2 **1 has broken down the concept of blockchain technology in detail.\nAs per the paper, “a Blockchain may be described as a tamper-evident ledger shared within a network of entities, where the ledger holds a record of transactions between the entities. To achieve tamper-evidence in the ledger, Blockchain exploits cryptographic hash functions.”\nBlockchain technology is at the heart of how cryptocurrencies work. It helps to evade any possibility of fraud and makes any kind of tampering infeasible for the users. It is a support system for the encrypted currency, whereby the transactions are recorded and stored on the ledger. So even if the users are anonymous, it still becomes difficult for anyone to possibly change the data without involving other members on the network.\n\nBitcoin Pricing\n\nSince pricing in bitcoin transactions is demand based, it is exceptionally volatile. Volumes of trading happen every second. The price of a bitcoin is largely dependent on the trading i.e. demand and supply factors. More the demand, higher is the price.\nThe prices remained under the range of US$ 300 until late 2015 In the following year, around June 2016, in a positive hunch, the price rose to US$ 755. After March 2017 the prices have only increased.\n\nNumber of bitcoins\n\n![Screenshot_2.png](https://cdn.steemitimages.com/DQmW6dQH44M8PmxMjJmsjzKDCtXoXRLsmHwbaWzX4FvRFqD/Screenshot_2.png)\n\nSince 2009 till March 2017, the number of bitcoins in circulation has only increased. The figure has reached to an all-time high 16,377,437 in number.\n\nMarket Capitalisation of bitcoins\n\n![Screenshot_3.png](https://cdn.steemitimages.com/DQmUR2Tsa9NwF6bwahacivrAXvkNVpdPzbAm2mtU4Rxcfnu/Screenshot_3.png)\n\nMarket capitalization of bitcoin as on 8 June 2017 has been computed to come up at US$ 46,476,054,493, while the maximum supply in the market is limited to 21,000,000 BTC as of now.\n\nBitcoin Exchanges\n\nTypically, a bitcoin exchange is a business platform that facilitates exchange of bitcoins for another currency including a fiat currency, thereby allowing the users to trade and make profit. Bitcoin exchanges quickly spread in the market in early 2011, as more and more people started exchanging bitcoins, mostly for speculative purposes. Given the high volatility and a ready market without any regulatory intervention, people find it suitable to trade, invest and hold and make profits out of the same.\nAlso bitcoins are not backed by any particular asset or security, because of which its value is not driven by any factor but demand and supply in the market.\n\nBusiness Model\n\nNot much later after the inception of bitcoins, bitcoins exchanges quickly spread into the market. Since then several bitcoin exchanges in India and elsewhere have come into picture.\nAt a preliminary level, a bitcoin exchange is simply a common platform to the users for the purpose of buying and selling while matching mutual needs, in order to earn profits.\nFor instance take an idea of a stock exchange, where a person has an account and he buys stock, by paying consideration in money, from a person who wants to sell it. Stock exchanges provide a place for buyers and sellers where they can trade. On similar lines, a bitcoin exchange works by essentially providing ‘service’ to its users, however unlike stock trading where a broker may as well come into picture and charge commission in return for his services, in case of bitcoin exchanges, there is no third party involvement, this service is provided by the exchange itself which thereby charges commission for the trade conducted and earns revenue. A basic business model of a bitcoin exchange is reiterated in the chart below.\n\nRegulatory Status in India\n\nThe Reserve Bank of India has neither declared bitcoins as illegal in India nor has it accepted bitcoins as a currency. The RBI has only stated the risks that are associated with virtual currencies and cautioned that people dealing in it should do so at their own risk.\n\nLegal Status of Bitcoins\n\nCurrency?\n\nCurrency 4 is generally defined as tokens used as money in a country. In addition to metal coins and paper bank notes, money orders, traveler’s checks, it also includes electronic money or digital cash.\nTo fit in this definition, which is not exhaustive,\n▪ Either bitcoin has to be physical and movable, and fungible. It is movable and fungible but not physical.\n▪ Electronic money or digital cash may include bitcoin but then it needs a legal backing from an authorized entity, which is not the case in India as of now.\n\n“Currency” includes all currency notes, postal notes, postal orders, money orders, cheques, drafts, travellers cheques, letters of credit, bills of exchange and promissory\n\nnotes, credit cards or such other similar instruments, as may be notified by the Reserve Bank, as per Section 2(h) of Foreign Exchange Management Act, 1999 5\n• As is evident from the above definition, bitcoin doesn’t fit in any of the illustrative names, however if RBI wants, it can certainly notify it to be included in the above definition.\n• RBI hasn’t notified bitcoin as legal tender in India and therefore it couldn’t be termed as real currency for the time being.\n\nCoins?\n\nProvisions under law:\nCoins in India are governed by the Coinage Act, 2011.\nSection 2(a): \"coin\" means any coin which is made of any metal or any other material stamped by the Government or any other authority empowered by the Government in this behalf and which is a legal tender including commemorative coin and Government of India one rupee note.\nExplanation.--For the removal of doubts, it is hereby clarified that a \"coin\" does not include the credit card, debit card, postal order and e-money issued by any bank, post office or financial institution; (b) \"commemorative coin\" means any coin stamped by the Government or any other authority empowered by the Government in this behalf to commemorate any specific occasion or event and expressed in Indian currency;\nOn study of above, bitcoin is certainly not metal or even any other material for that matter. Moreover, it’s not legal tender. If it was to become e-money in the near future, still it could not be coin as per the Coinage Act, since e-money is specifically excluded from the above definition. Consequently, bitcoins cannot be considered as coins now or in the days to come.\n\nDigital currency\n• Apart from traditional currency or real currency, there’s another kind called digital currency. On a broader level, it is an electronic based currency holding similar attributes of a real currency, involving prompt payment and transaction settlement.\n• There are two forms of digital currency: Virtual currency and crypto currency.\n\nVirtual currency v. Cryptocurrency\n\nDigital currency is largely backed and regulated by the Central Bank, more like electronic money. Virtual currency, on the other hand is unregulated and decentralized. Financial Crimes Enforcement Network’s ruling on ‘Application of FinCen’s regulations to virtual currency mining operations ’ clarifies that virtual.\n\ncurrency is a medium of exchange that operates like a currency in some environments but does not have all the attributes of a real currency. It does not hold any legal tender status anywhere6. Similar view was expressed in European Central Bank’s publication, ‘Virtual Currency Schemes’7.\n❖ Bitcoins could be termed as virtual currency- they have been categorized as such by ECB8. They are decentralized, unregulated and have few attributes of a real currency.\nThen there are crypto-currencies and non-crypto currencies. Since, bitcoin is purely based on crypto-graphical system, where you have a private and a public key, and each transaction gets recorded on the ledger, it is said to come under the definition of crypto-currency.\n\nDecentralized currency9\n\nCurrency is further classified into centralized and decentralized. Those which are governed by a central repository or a designated entity for sake of trust over transactions taking place are termed as centralized currency. Bitcoin doesn’t work like that. Transactions in bitcoin happen on a decentralized P2P system, where all entities operate independently, and hold the entire risk of dealing in the same.\n\nShare your thoughts guys and i will reply you back\n\nRegards,\nBitcoin Newser",
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      "title": "Bitcoin Market Updates. $3.8 Trillion Crypto Market. SEC to Open ETF Market for Cryptocurrency.",
      "body": "Hello friends, i am here to introduce you some news about india that is High Chances SEC to open ETF Markets for Cryptocurrency by end of 2018, which will bring huge investments from institutional & individual investors taking cryptocurrency market cap to new high of $3.8 trillion. ZebPay WazirX stopped paused INR deposits & withdrawals fully.\n\nWhen spike comes at 100 percent as well as correct comes 60 to 70 percent for sure.At this time bitcoin rate is ( 6584 us dollars ) and if it break the support level of 6400 us dollars once again alot correction will come and that gonna touch 5000 us dollars.Also you must know that on 5th july Zebpay and Wazirx paused inr deposits and withrawal but you can do peer to peer transations and these both exchanges confirmed that. Also if the rate stays same that is 6584 or near 6400 then that is good  mark and it will go higher. \n\n\nFor long term traders its good but for whose who are here for short term please my suggestion is do not trade because it is no trade zone. also if you dnt have expierence please do not trade because it coming up to down and down to up in every hour and your money can be loss. \n\nGive your comments and  share your thoughts below guys\n\nRegards,\nBitcoin Newser",
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      "title": "What will happen to bitcoin after 100 years",
      "body": "Hello friends i am here to share my thoughts regarding bitcoin ( world's  highest and famous crypto currency ).\n\nwhat will happen to bitcoin after 100 years because as you guys may be seen movie 2012 ( the world's end ), in that movie and before release of that movie some astrologers said. world's end is near also i there are some videos on yourtube  from the real astrologers ( their every single line becomes true ) and they said this world's end  will be in 2050.\n\n\nkindly reply in the comments below. what will happen to the world and cryptocurrencies.  share your thoughts and share this article.\n\nRegards,\nBitcoin Newser",
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      "body": "✅  @bitcoinnewser, I gave you an upvote on your post! **Please give me a follow** and I will give you a follow in return and possible future votes!<br><br>Thank you in advance!",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://bcfocus.com/news/american-economist-paul-krugman-trolls-ripples-xrp-and-bitcoin-cash/17689/",
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      "title": "Nobel prize winning economist Paul Krugman trolls Ripple’s XRP and Bitcoin Cash",
      "body": "Hello friends i am going to give you some interested news about paul krugman gave his statement on Xrp and Bch.\n\nPaul Robin Krugman, who is an American economist and a columnist for The New York Times, has recently taken a jibe at Bitcoin and Ripple's XRP for not actually being currencies. In his recent tweet, the Nobel laureate questioned the usability of digital tokens altogether.\n\nCurrently, according to market cap, XRP is ranked the third position in the crypto-coin ranking. Some crypto analysts have an opinion that Ripple is promoting its token for speculative trading. Ripple topped the headlines for giving away its tokens to promote a widespread ‘trading’ of XRP.\n\nIn Nathaniel Popper’s recent article ‘Here’s Some Cryptocurrency. Now Please Use It,’ says,\n\n\"Digital tokens like Bitcoin and its many imitators (like XRP) were designed to make electronic transactions of all sorts easier. But today almost no transactions are happening, other than on virtual currency exchanges where people bet on their price.\"\n\nKrugman marked these words and responded by stating,\n\n\"If a digital currency isn't actually used for any transactions, is it, you know, actually a currency?\"\n\nKindly comment below this article. if you have some questions on this topic.Also give your reviews and share\n\nRegards,\nBitcoin Neweser",
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