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Topic: BitIndia Exchange - page 2. (Read 4742 times)

newbie
Activity: 48
Merit: 0
October 21, 2017, 08:43:06 PM
#31
Haha bitindia bitcointalk post is shit and doesnt have a proper telegram
sr. member
Activity: 294
Merit: 250
October 14, 2017, 02:03:05 AM
#30
Stop falling for this scam guys..

Are you sure bitcoin and cryptocurrencies are legal in India? They recently implemented a lot of rules and took some drastic demonetization steps.
I am pretty sure their so called legal team doesn't even exist and have checked with local laws..
and their liability section is laughable. here is one..

The field of digital cryptography is very new and for this reason there is a risk of unforeseen attacks
on several or all parts of the BitIndia system

'In no event shall Bitindia, members of Bitindia staff, contractors, or volunteers be liable for:
Any lost profits, lost savings or incidental, indirect, special or consequential damages, arising out of
your use or inability to use the services or products offered by Bitindia or the breach of any of these
Terms by any third party'


While future regulations in India are uncertain (as with a lot of the world) most of the news I've seen suggests they wont be going for anything like an outright ban, but note that the company itself is registered in the UK which currently have pretty favourable crypto laws AFAIK.

Also that clause sounds like a pretty standard one that any exchange who knew what they were doing would have, TBH if it wasn't there it would raise flags for me not the other way round.

Crypto is risky and often when there is risk there is potential for good rewards, the same goes for many things outside of crypto too, everyone has to weigh up the risk:reward ratio for themselves but people on this forum too often seem to mistake risk for a scam.
full member
Activity: 207
Merit: 100
October 13, 2017, 12:59:47 PM
#29
Stop falling for this scam guys..

Are you sure bitcoin and cryptocurrencies are legal in India? They recently implemented a lot of rules and took some drastic demonetization steps.
I am pretty sure their so called legal team doesn't even exist and have checked with local laws..
and their liability section is laughable. here is one..

The field of digital cryptography is very new and for this reason there is a risk of unforeseen attacks
on several or all parts of the BitIndia system

'In no event shall Bitindia, members of Bitindia staff, contractors, or volunteers be liable for:
Any lost profits, lost savings or incidental, indirect, special or consequential damages, arising out of
your use or inability to use the services or products offered by Bitindia or the breach of any of these
Terms by any third party'
sr. member
Activity: 294
Merit: 250
October 12, 2017, 04:13:05 AM
#28
hello! I'd like to participate to the public sale. I registered my public pre-sale KYC APPROVAL what should i do now ? can i already  purchase BITINDIA or have i to wait an answer that they have registered my info on their contract? if yes how and when will i be answered? thank you in advance

Wait till you recieve a confirmation email (within 24hrs);

https://twitter.com/bitindia_co/status/918327844043812864
sr. member
Activity: 294
Merit: 250
October 12, 2017, 03:02:54 AM
#27
As a matter of Rep this project is backed by John Mcfee , If this news is true as per Bitindia website then they have got serious potential people but i would like to get this verified before investing a penny in this project.

He tweets/retweets about it on his twitter @officialmcafee and can be seen talking about it here;

https://www.youtube.com/watch?v=qh7bTwCYwFs
sr. member
Activity: 448
Merit: 258
October 12, 2017, 12:21:45 AM
#26
As a matter of Rep this project is backed by John Mcfee , If this news is true as per Bitindia website then they have got serious potential people but i would like to get this verified before investing a penny in this project.
newbie
Activity: 15
Merit: 0
October 11, 2017, 02:48:59 PM
#25
hello! I'd like to participate to the public sale. I registered my public pre-sale KYC APPROVAL what should i do now ? can i already  purchase BITINDIA or have i to wait an answer that they have registered my info on their contract? if yes how and when will i be answered? thank you in advance
full member
Activity: 308
Merit: 102
October 11, 2017, 10:16:07 AM
#24
Then why the hell is Mcaffee lending his face to this?? Is he to lazy to check if this is legit, i dont get that.
full member
Activity: 518
Merit: 105
October 11, 2017, 08:58:24 AM
#23
I agree with the opinion of the majority and I will say that a dubious project. I've been following him for a long time and I've tried to communicate with developers many times, but this has brought little success.
sr. member
Activity: 448
Merit: 258
October 11, 2017, 12:21:24 AM
#22
I dont recommend this project to anyone, i smell the wrong doings here. Clearly the videos are crafted and the developers looks juvenile, If you want to invest then there are hell a lot of other legit oppurtunities.
hero member
Activity: 770
Merit: 500
October 08, 2017, 05:03:48 AM
#21
The op just wrote 2 threads about bitindia and just disappeared. 100% it is a scam ICO. One doesn't need any evidence or proof to tell this as scam. Just look at the office snaps. There is not even a single file, papers or documents in any of the cubicle. If its a real office then there will be atleast one file on any of the cubicles or atleast one pen. I think they have arranged this office for the videoshoot.
newbie
Activity: 3
Merit: 0
October 07, 2017, 12:13:36 PM
#20
***SCAM ALERT*** LOOK  AT THESE PEOPLE IN THE TEAM OMG LOL...AND THE FOUNDER IS DAY TRADER FOR LAST TWO YEARS @BITCOIN  ALL THE MEMBERS IN THE TEAM ARE LESS THAN UNDER QUALIFIED AND ONE OF THE TEAM MEMBER IS STILL LOOKING FOR JOB ACTIVELY.

The white paper is shallow and has many contradictory statements, shows either it was not reviewed properly or team that wrote, has limited understanding of the subject. Surprised that someone is trying to raise money through ICO for creating exchange and a wallet when there are already exchanges and wallets available to all with better features.

Be careful if you are looking at investing.
sr. member
Activity: 406
Merit: 253
October 03, 2017, 07:18:53 AM
#19
hi everybody,

this is the official BitIndia Telegram Group:

https://t.me/joinchat/E1huKQ0ncJpqNbllHsQRbQ

feel free to join

...here you get alle informations, updates and news... at this time is the privat pre sale with min. 150ETH. the regular ico begins at 11th oct. with min. 50$

you are welcome

Do you know which is the official announcement thread for bitindia, this or the one at https://bitcointalksearch.org/topic/annpre-saleico-bitindia-freedom-is-better-exchange-wallet-2225375
I have no reason to distrust you, but it is important that Bitindia will share the telegram invite link in one of their official resources such as website or twitter account. There is always a risk that scammers will create "official" groups. Thanks!
full member
Activity: 616
Merit: 104
https://t.me/Zenzo_Telegram
October 02, 2017, 05:18:27 PM
#18
I am def participating in this one !! after the hard fork of eth that is.
full member
Activity: 225
Merit: 100
Augmented Reality World Discovered
October 02, 2017, 08:02:10 AM
#17
great, all best for whole project
team,good luck
only up
sr. member
Activity: 487
Merit: 250
October 01, 2017, 10:55:43 AM
#16
hi everybody,

this is the official BitIndia Telegram Group:

https://t.me/joinchat/E1huKQ0ncJpqNbllHsQRbQ

feel free to join

...here you get alle informations, updates and news... at this time is the privat pre sale with min. 150ETH. the regular ico begins at 11th oct. with min. 50$

you are welcome
copper member
Activity: 364
Merit: 103
September 30, 2017, 04:34:43 PM
#15


I am in a group where one of the advisors are in, Fabian is CEO of the project DIMCOIN which already made a successful ICO, he confirmed us that they are part of the project, so i can safely say they are not a scam.

I don't want to contest your thought as I can't refute or confirm your claim. The points I mentioned is based on my analysis.
I was initially interested in the project but after a bit of investigation realized it to be more of a gimmick to get quick bucks than serious project.
sr. member
Activity: 350
Merit: 250
September 30, 2017, 12:33:22 PM
#14
Guys,

Be careful in applying for this ICO.
I am from India and was initially very interested to invest in it. However, it looks a scam to be.

They don't have a proper office. Neither in the city of Hyderabad not in Chandigarh. Also the team looks fishy. I am following them almost for 2 months and most of the team members were added just few days back.

The are charging way too much for just a whitepaper without any product in place. Even github is kind of empty. Every Tom/Dick/Harry is a software Engineer in India and to create a website to scam people will be very easy.

Also there are already couple of good exchanges in India (UnoCoin, ZebPay etc.), so they also don't have that 1st mover advantage.

So please be careful.

I am in a group where one of the advisors are in, Fabian is CEO of the project DIMCOIN which already made a successful ICO, he confirmed us that they are part of the project, so i can safely say they are not a scam.
copper member
Activity: 364
Merit: 103
September 30, 2017, 12:51:23 AM
#13
Guys,

Be careful in applying for this ICO.
I am from India and was initially very interested to invest in it. However, it looks a scam to be.

They don't have a proper office. Neither in the city of Hyderabad not in Chandigarh. Also the team looks fishy. I am following them almost for 2 months and most of the team members were added just few days back.

The are charging way too much for just a whitepaper without any product in place. Even github is kind of empty. Every Tom/Dick/Harry is a software Engineer in India and to create a website to scam people will be very easy.

Also there are already couple of good exchanges in India (UnoCoin, ZebPay etc.), so they also don't have that 1st mover advantage.

So please be careful.
full member
Activity: 308
Merit: 102
September 28, 2017, 03:15:00 PM
#12
This is intradesting:

All token holders will receive 10% of the net fees
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