sskmaestro Posted September 19, 2018 Share Posted September 19, 2018 https://www.news18.com/news/business/brain-drain-2-0-indias-bitcoin-pool-is-drying-up-thanks-to-govts-financial-policies-1882247.html Link to comment Share on other sites More sharing options...
NatuGadu Posted September 19, 2018 Share Posted September 19, 2018 RBI ban chesi Manchi Pani chesindhi Link to comment Share on other sites More sharing options...
LuvNTR Posted September 19, 2018 Share Posted September 19, 2018 46 minutes ago, NatuGadu said: RBI ban chesi Manchi Pani chesindhi aa news complete ga chadivava ?? jaitley gaadu single handed ga munchesthunnadu India Economy ni. Link to comment Share on other sites More sharing options...
LuvNTR Posted September 19, 2018 Share Posted September 19, 2018 Banning crypto is wrong move on india part....Crypto currency and Blockchain are here to stay....More n More USA tries to destabilize nations with regulation the more people move towards crypto currency. Link to comment Share on other sites More sharing options...
APDevFreak Posted September 19, 2018 Share Posted September 19, 2018 57 minutes ago, NatuGadu said: RBI ban chesi Manchi Pani chesindhi Crypto currency has advantages. China itself is developing infrastructure on it. We are lagging behind, unfortunately India is not into fintech too. It seems no one had idea where we are heading. China is also developing 5g related infrastructure. India is no where... People boast that we are developing country, but when we compare to west, Europe and some Asian countries we are no where. I also believe that Modi doesn't have brain to understand fintech, Blockchain and crypto. CBN is far better in it. Link to comment Share on other sites More sharing options...
Andhrudu Posted September 19, 2018 Share Posted September 19, 2018 developing country aina india ki and that to trillions of GDP with more population..... crypto currencies is huge risk to economy .... one shot to collapse emka stabilize avvani legitimate value leni crypto currenies ni encourage cheyalem ..... why eppudaina currencies stable ga untene trade stable ga untai ..... with in months 20-30% fluctuate awtunnapudu product value ni assessment cheyalem inflation : prastutam 4% undi ..... currencies appreciation 20-30% perigite ...consumption of goods raise untadi... interest rates perigipoti banks nundi ..... appudu abnormal appreciation vachi total goods ki value cheppaleka .... unstable and chaotic situation vastadi noramal simple live eg : kphb lo land nenu bitcoin tho last year konna 1 b = 7,000 .... same value ki eppudu a bit coin lone nenu ammali ante 1.5 b coin evvali .... see the risk so bit coin value or circulation mana authority lenappudu manam encourage cheste chala pedda failure awtam ... so crypto currencies are huge to economies .... but blockchain technology is good concept to explore and more use full to indian economy .... block chain technology and products ne emi ban cheyaledu india govt Link to comment Share on other sites More sharing options...
Andhrudu Posted September 19, 2018 Share Posted September 19, 2018 2nd most important why indian banned cryptos is .... consumption of huge electricity for coins mining .... unimaginable amount of power kavali mining (new coins) chestue transaction ledger verification ki .... india lanti country ki farmer ki power evvatanike ledu vetiki evvalante not possible with current infrastructure eg : one year lo total consumption of electricity related to bitcoin is equal to one year power consumption of Denmark country india aite chachi urukuntadi e range lo lageste Link to comment Share on other sites More sharing options...
LuvNTR Posted September 19, 2018 Share Posted September 19, 2018 2 hours ago, Andhrudu said: kphb lo land nenu bitcoin tho last year konna 1 b = 7,000 .... same value ki eppudu a bit coin lone nenu ammali ante 1.5 b coin evvali .... see the risk gajam 7000 usd tho konnanu antunnara ?? Link to comment Share on other sites More sharing options...
LuvNTR Posted September 19, 2018 Share Posted September 19, 2018 2 hours ago, Andhrudu said: mari india currency value 15% value padi poyindi. so last month 60 usd/barrel unnadi ippudu 75 usd/barrel ayyindi. so currency value 15% drop + oil value 25% increase = 40% more money needed to spend kada. mari daanni ela calibrate sestharu ?? Link to comment Share on other sites More sharing options...
Andhrudu Posted September 19, 2018 Share Posted September 19, 2018 15 minutes ago, LuvNTR said: gajam 7000 usd tho konnanu antunnara ?? general example cheppa price moment di .... very specific ga cheppalante below graph... cheptadi 1 BT vs 1 USD .... u can convert to rupees same day last year : 4000usd dec 1st ki : 10,000usd jan 1st ki : 14,000 march ki : 8,000 may ki : 9,800 july ki : 6,500 sep ki : 6,500 meru cheppandi ...... meku land unte most volatile crptoes lo accept chestara ..... oka e vela year lo chesi unte meku me 50% value lose ayyevallu .... so trade , good and service anni currencies mede depend awtai .... ela unte evvadiki confidence radu Link to comment Share on other sites More sharing options...
Andhrudu Posted September 19, 2018 Share Posted September 19, 2018 14 minutes ago, LuvNTR said: mari india currency value 15% value padi poyindi. so last month 60 usd/barrel unnadi ippudu 75 usd/barrel ayyindi. so currency value 15% drop + oil value 25% increase = 40% more money needed to spend kada. mari daanni ela calibrate sestharu ?? meku economy basics idea lenattundi .... 60- 75 usd / barrel anedi crude oil pirce ... adi OPEC and other petroleum exploration companies production base meda price untadi .... not currency ... no relation to both present currencies depreciation reason is trade war between us and china manadi only against USD padindi tappa Euro pound yen sg dollar tho anthaga padaledu .... a reasons complete ga different and mandi okkate padaledu against to usd ... all asian currencies why ante china and maman export surplus to us ..... US taxes veste akkadi janam mana goods konaru ante mana currencies ki demand undadu.... Link to comment Share on other sites More sharing options...
LuvNTR Posted September 19, 2018 Share Posted September 19, 2018 5 minutes ago, Andhrudu said: general example cheppa price moment di .... very specific ga cheppalante below graph... cheptadi 1 BT vs 1 USD .... u can convert to rupees pichi vuncle btc value padindi because of many reasons like countries are banning, US SEC is not allowing btc based ETF etc. oka vela countries btc ni allow sesi unte eepatiki 1 btc = 70000 usd ayyedi. meeru enni anna crypto currency is here to stay. it will bounce back. appanam ga US vaadu anni countries pi regulations tarifs vesi aa countries currency value ni padesthunnadu. lot of commodities value daarunam ga addagolu ga perigi pothunnayi week by week. so it is matter of time countries will adapt universal currency like crypto. Link to comment Share on other sites More sharing options...
LuvNTR Posted September 19, 2018 Share Posted September 19, 2018 7 minutes ago, Andhrudu said: meku economy basics idea lenattundi .... barrel 70 usd market lo unte inka thakkuvaki ela ammutharu mari india ki OPEC vallu or iran vallu. don't get you on this. USD value baaga strong due to tarifs on europe, middle east, china and india. even turkey kuda baaga effect ayyi currency value padipoyindi. anni paddayi values. oil n commodities trading jarigedi USD lone not euro or yen. gamaninchagalaru meeru. Link to comment Share on other sites More sharing options...
Andhrudu Posted September 19, 2018 Share Posted September 19, 2018 meru em matladu tunnaro meke arhtam avvtundo ledo .... edo ego ki poi support cheskovali ani atram tappa .... point think cheyatla ..... e country anna adesanni sasinchali ante best way currency than weapon ... already proved in trade war desa sarvabhomadhikaram important e desanikaina ..... mana currency value ekkado china korea japan vadu decide cheste emka mana govt ki assala power untada... -------- nenadigi points okka daniki answer ledu ... 1. unstable currency tho meru trade chestara ? 2. Currency value or regulator mana country ki lekapoina parleda ? 3. Crypto currencies ki power ekkadi nundi testaru deficit country lanti india ki ? 4. assala cryptos ni widespread ga e country lo anna accept chetsunanra ? ledu ----- telisinodki cheppochu .... telinodiki vivarinchochu .... ego ki poye mi lanti vallaki na valla kadu .... Link to comment Share on other sites More sharing options...
Andhrudu Posted September 19, 2018 Share Posted September 19, 2018 ededo reasons echesi .... support cheskovachu no use .... but just introspect and check with other about above problems ... Link to comment Share on other sites More sharing options...
LuvNTR Posted September 19, 2018 Share Posted September 19, 2018 nee age entha ?? nuvvu mari personal ki velthunnavu enduku nenu casual ga matladuthunte. naa gurunchi neekemi telusu. i do trade all commodities, options and stocks very aggressively. i have very common basic knowledge about economy. intha personal enduku neeku ?? Link to comment Share on other sites More sharing options...
LuvNTR Posted September 19, 2018 Share Posted September 19, 2018 32 minutes ago, Andhrudu said: hmmm. baaga desperate ga unnavu. lite teesuko discussion. Link to comment Share on other sites More sharing options...
Andhrudu Posted September 19, 2018 Share Posted September 19, 2018 1 hour ago, LuvNTR said: nee age entha ?? nuvvu mari personal ki velthunnavu enduku nenu casual ga matladuthunte. naa gurunchi neekemi telusu. i do trade all commodities, options and stocks very aggressively. i have very common basic knowledge about economy. intha personal enduku neeku ?? Ne nekkada personal ga vellala kanisam me laga singler word kuda use cheyaledu ... Pichi uncle, nuvvu anndi Meru .... Me skills Naku telidu but nenu nse certificated capital market analyst , all derivatives nenu kuda chesa ... Nenu cheppina points Anni RBI release chesina note lovi and hindu , business standard lo vesina articles Mela tala kola lekunda okka point kuda cheppaledu.... Manam Manam entha arusukunna no use ... Evaranna 3rd person comment chestene reply ista emka ... Link to comment Share on other sites More sharing options...
LuvNTR Posted September 19, 2018 Share Posted September 19, 2018 2 minutes ago, Andhrudu said: single point agenda tho pothunnavu. enti matter? paga battesava...enni key boards pagalakottesavu ee roju ? Link to comment Share on other sites More sharing options...
Andhrudu Posted September 19, 2018 Share Posted September 19, 2018 Okka point ki answer ledu ... Inter kurrodila avesam tappa Link to comment Share on other sites More sharing options...
Andhrudu Posted September 19, 2018 Share Posted September 19, 2018 yes 2 and 3 are not at all good ... ruin our lives ..... 1st not credible any more .... i stopped it long back due to heavy fluctuations Link to comment Share on other sites More sharing options...
APDevFreak Posted September 19, 2018 Share Posted September 19, 2018 Seems like this thread deviated. Why don't we have a fruitful discussion? Don't we need crypto currency? What about India infrastructure on it? Can't we regulate the currency? Block chain is one of the platform that Indian can use it software pool to develop a robust system. My point is, is the central govt focusing on it? What is India contribution towards it? Link to comment Share on other sites More sharing options...
NatuGadu Posted September 19, 2018 Share Posted September 19, 2018 Pakoda Sab Ni... BJP Ni ammalakkalu thengukondi... Kani crypto currency RBI ban chesindani eedusthunteee navvastundhi... Mana verri jenalaki... Karakkayalu Pindi lagaaa idhi Maro bubble ayyedhi Link to comment Share on other sites More sharing options...
sskmaestro Posted September 19, 2018 Author Share Posted September 19, 2018 Hmm.... the main intention to share it here is to point out how behind we are even in technologies that help us evolve in IT. India is one of the leading IT markets. Not sure what this 4 year tremendous majority Modi govt did in terms of preparing infrastructure such that the country’s educated and talented youth can use it for launching their careers ? Link to comment Share on other sites More sharing options...
swarnandhra Posted September 19, 2018 Share Posted September 19, 2018 Hacking is institutionalized in Russia, N Korea and to some extent in China. So, should India do the same? Link to comment Share on other sites More sharing options...
sskmaestro Posted September 19, 2018 Author Share Posted September 19, 2018 16 minutes ago, swarnandhra said: Hacking is institutionalized in Russia, N Korea and to some extent in China. So, should India do the same? No.... Russia, Korea and China have grabbed the opportunity of making money from these technologies and also that provided lot of jobs at ground level. India became an IT gaint due to the 1. Youth willing to learn technologies 2. Some good decisions by govts (like encouraging FDIs) 3. Large gap between $ and INR. Apart from these. What is the drastic steps that Indian govt took to improve the infrastructure with in country so that many youth can transform their careers? Don’t say we increased the no of engg colleges. Link to comment Share on other sites More sharing options...
NatuGadu Posted September 20, 2018 Share Posted September 20, 2018 2 hours ago, sskmaestro said: Hmm.... the main intention to share it here is to point out how behind we are even in technologies that help us evolve in IT. India is one of the leading IT markets. Not sure what this 4 year tremendous majority Modi govt did in terms of preparing infrastructure such that the country’s educated and talented youth can use it for launching their careers ? Tech lo after 50 years taravatha same situation..... Us/Europe companies licenses selling to India... Link to comment Share on other sites More sharing options...
swarnandhra Posted September 20, 2018 Share Posted September 20, 2018 24 minutes ago, sskmaestro said: No.... Russia, Korea and China have grabbed the opportunity of making money from these technologies and also that provided lot of jobs at ground level. India became an IT gaint due to the 1. Youth willing to learn technologies 2. Some good decisions by govts (like encouraging FDIs) 3. Large gap between $ and INR. Apart from these. What is the drastic steps that Indian govt took to improve the infrastructure with in country so that many youth can transform their careers? Don’t say we increased the no of engg colleges. Infrastructure, I agree. More should be done. My concern is promoting bitcoin type of things Link to comment Share on other sites More sharing options...
sskmaestro Posted September 20, 2018 Author Share Posted September 20, 2018 16 minutes ago, swarnandhra said: Infrastructure, I agree. More should be done. My concern is promoting bitcoin type of things Bitcoin is least concerned at this moment.... Link to comment Share on other sites More sharing options...
suravaram Posted September 20, 2018 Share Posted September 20, 2018 Bitcoin technology might get outdated very very soon. We never know. Quantum resistant coins will hold the key. Check XBY Link to comment Share on other sites More sharing options...
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