I have loophole for RBI crypto ban to continue trade BTC in india

Blackshadow007

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Currency Xchanger™

Quote from: Guvn0r on June 27, 2018, 05:52:40 PM

Quote from: dhavalnc on June 27, 2018, 05:36:16 PM

Thank you all for keen interest to know this in detail.

I have a very full proof plan on it.

RBI will ban on bank transactions so there will be no pair of INR/BTC and INR to other altcoins
But btc to other altcoins will be allowed.

So i have a plan to lauch one XYZ to BTC trading pair.
So i have a plan from where customers can buy this XYZ and trade in exchange and how to redeem this XYZ to INR

If i get any invester for establishing new exchange or any existing exchange join my plan. Please contact me.

My plan is well designed will be legal to trade.

I like your enthusiasm, but this is no way a loophole or even anything close. Even I can start trading btc for mangoes then sell mangoes for 10,00,000 INR each.
When RBI 'ban' trading crypto, it does not mean BTC/INR only.

At first sight there was all signs of a possible scam, but now i am guessing you must be a teenager spending too much time on hackforums "how to make money e-book" section.
because you can't just make this up

LOL

buddhasource

newbie

Activity: 27

Merit: 1

I would like to invest in your Idea, provided it is legal.

Also, it is about time to reveal it.

newinbtc

legendary

Activity: 1190

Merit: 1001

I like ur plan , But there are already many currency Where Inr/Abz Qnd Btc/Abz are trading right now.. if government bans Cryto use with bank... how third person will buy bitcoin If fully currency banned
..
Have you listend about Localbitcoins ? We can deal person to person

We need a coin setup Which is from other country and base from India . Which Accept Btc and Inr both , but this is Illegal way . govt will get to know about that and plan flop.

We can buy coins outside India... Flight Rates are Cheaper :p Take Your ruppee outside India How the Idea

Erin Strange

newbie

Activity: 29

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Quote from: dhavalnc on June 25, 2018, 03:33:35 PM

I have a loophole for RBI crypto ban to continue trade BTC in India.

Like Indian law do not permit Grambling on the land of India so in goa, poker is playing on a ship.

Same way, I have found loophole which will allow Indian exchange to trade crypto.

PM me for details.

what's your plane mate look like you are going to do something big

Vineeta2oct

newbie

Activity: 210

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Well let's just wait and see what Govt and RBI would do. I do hope that they see that exchanges are doing KYC and there no chances of money laundering plus people are not asking for any kind of backing while trading in crypto, so they should not pull the banking support off of the exchanges.

dhavalnc

jr. member

Activity: 51

Merit: 11

Thank you.

Quote from: Guvn0r on June 28, 2018, 09:29:35 AM

Quote from: dhavalnc on June 28, 2018, 09:17:04 AM

I know tether is equal to 1 USD. Tether is also crytop so obviously, it will not work.

What is am planning is similar to crypto but not crypto because crypto is illegal in india.

I am doing some homework to propose some venture capital provider.

in that case it may be a good solution. good luck

Guvn0r

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Activity: 647

Merit: 274

Quote from: dhavalnc on June 28, 2018, 09:17:04 AM

I know tether is equal to 1 USD. Tether is also crytop so obviously, it will not work.

What is am planning is similar to crypto but not crypto because crypto is illegal in india.

I am doing some homework to propose some venture capital provider.

in that case it may be a good solution. good luck

dhavalnc

jr. member

Activity: 51

Merit: 11

I know tether is equal to 1 USD. Tether is also crytop so obviously, it will not work.

What is am planning is similar to crypto but not crypto because crypto is illegal in india.

I am doing some homework to propose some venture capital provider.

Guvn0r

sr. member

Activity: 647

Merit: 274

Quote from: dhavalnc on June 28, 2018, 02:19:24 AM

I am sorry my friend.

I am not a Teenage or nor this is a joke.
It's not like selling mangoes. I cant disclose entire blueprint.

I am in bitcoin since 2012 dealing with many exchanges since years which included igot, btcxindia and many more.

My name is Dhaval Chandrani and i am the founder and partner of Hosticon.com a web hosting company and I am the first hosting company in india started accepting bitcoin early stage since

So please do not underestimate my knowledge in crypto.

And finally, not every operation of trading will be done from India some operations will be done outside india to comply with RBI rules.

Quote from: Guvn0r on June 27, 2018, 05:52:40 PM

Quote from: dhavalnc on June 27, 2018, 05:36:16 PM

~snip~

I see your hosticon topic https://bitcointalk.org/index.php?topic=636072.20 , anyway , i thought your plan was silly for obvious reason. you are trying to evade the crypto trading ban by converting btc to 'xyz' (whatever that be), and then converting 'xyz' to Inr..may be your xyz is a stablecoin like tether..but that is still crypto trading.

and i don't think FEMA will alow this btc/xyz and xyz/inr - as far as we are talking about exchanging btc and transferring money to your own bank account.

dhavalnc

jr. member

Activity: 51

Merit: 11

I am sorry my friend.

I am not a Teenage or nor this is a joke.
It's not like selling mangoes. I cant disclose entire blueprint.

I am in bitcoin since 2012 dealing with many exchanges since years which included igot, btcxindia and many more.

My name is Dhaval Chandrani and i am the founder and partner of Hosticon.com a web hosting company and I am the first hosting company in india started accepting bitcoin early stage since

So please do not underestimate my knowledge in crypto.

And finally, not every operation of trading will be done from India some operations will be done outside india to comply with RBI rules.

Quote from: Guvn0r on June 27, 2018, 05:52:40 PM

Quote from: dhavalnc on June 27, 2018, 05:36:16 PM

Thank you all for keen interest to know this in detail.

I have a very full proof plan on it.

RBI will ban on bank transactions so there will be no pair of INR/BTC and INR to other altcoins
But btc to other altcoins will be allowed.

So i have a plan to lauch one XYZ to BTC trading pair.
So i have a plan from where customers can buy this XYZ and trade in exchange and how to redeem this XYZ to INR

If i get any invester for establishing new exchange or any existing exchange join my plan. Please contact me.

My plan is well designed will be legal to trade.

I like your enthusiasm, but this is no way a loophole or even anything close. Even I can start trading btc for mangoes then sell mangoes for 10,00,000 INR each.
When RBI 'ban' trading crypto, it does not mean BTC/INR only.

At first sight there was all signs of a possible scam, but now i am guessing you must be a teenager spending too much time on hackforums "how to make money e-book" section.
because you can't just make this up Cheesy

Guvn0r

sr. member

Activity: 647

Merit: 274

Quote from: dhavalnc on June 27, 2018, 05:36:16 PM

Thank you all for keen interest to know this in detail.

I have a very full proof plan on it.

RBI will ban on bank transactions so there will be no pair of INR/BTC and INR to other altcoins
But btc to other altcoins will be allowed.

So i have a plan to lauch one XYZ to BTC trading pair.
So i have a plan from where customers can buy this XYZ and trade in exchange and how to redeem this XYZ to INR

If i get any invester for establishing new exchange or any existing exchange join my plan. Please contact me.

My plan is well designed will be legal to trade.

I like your enthusiasm, but this is no way a loophole or even anything close. Even I can start trading btc for mangoes then sell mangoes for 10,00,000 INR each.
When RBI 'ban' trading crypto, it does not mean BTC/INR only.

At first sight there was all signs of a possible scam, but now i am guessing you must be a teenager spending too much time on hackforums "how to make money e-book" section.
because you can't just make this up Cheesy

dhavalnc

jr. member

Activity: 51

Merit: 11

Thank you all for keen interest to know this in detail.

I have a very full proof plan on it.

RBI will ban on bank transactions so there will be no pair of INR/BTC and INR to other altcoins
But btc to other altcoins will be allowed.

So i have a plan to lauch one XYZ to BTC trading pair.
So i have a plan from where customers can buy this XYZ and trade in exchange and how to redeem this XYZ to INR

If i get any invester for establishing new exchange or any existing exchange join my plan. Please contact me.

My plan is well designed will be legal to trade.

newwest

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★777Coin.com★ Fun BTC Casino!

OP - Really you have the loophole and all other in country do not have it. So in that case you must be genius to have it and may be for some day it may work and then what will happen when you get caught? Or are you saying it is full proof and no one in their entire life will know?

Guvn0r

sr. member

Activity: 647

Merit: 274

Quote from: dhavalnc on June 25, 2018, 03:33:35 PM

I have a loophole for RBI crypto ban to continue trade BTC in India.

Like Indian law do not permit Grambling on the land of India so in goa, poker is playing on a ship.

Same way, I have found loophole which will allow Indian exchange to trade crypto.

PM me for details.

I wouldn't trust my money with some newbie that shows up only when he wants to make a quick buck...

RAMSHIVDEEPAK

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Activity: 224

Merit: 18

Quote from: dhavalnc on June 25, 2018, 03:33:35 PM

I have a loophole for RBI crypto ban to continue trade BTC in India.

Like Indian law do not permit Grambling on the land of India so in goa, poker is playing on a ship.

Same way, I have found loophole which will allow Indian exchange to trade crypto.

PM me for details.

If you have something to share,then share here.It will helpful for the no, of people.

Quote from: dhavalnc on June 25, 2018, 03:33:35 PM

I have a loophole for RBI crypto ban to continue trade BTC in India.

Like Indian law do not permit Grambling on the land of India so in goa, poker is playing on a ship.

These are not loophole.Gambling and poker have been approved by the government in GOA because of the tourist place.they are fully legal in GOA.

bankarpit

newbie

Activity: 84

Merit: 0

Rather than going with loophole, for now i am waiting for the RBI's team which is working on the analysis of the currency. I hope that they will see the benefits and an market for us and will allow the trading legally.

rsarkar

jr. member

Activity: 102

Merit: 5

Please share the loopholes with the community.
Don't worry there is less chances that will be patched since I believe there aren't any authorities here.
Cheers.

suchi2591

newbie

Activity: 126

Merit: 0

Quote from: dhavalnc on June 25, 2018, 03:33:35 PM

I have a loophole for RBI crypto ban to continue trade BTC in India.

Like Indian law do not permit Grambling on the land of India so in goa, poker is playing on a ship.

Same way, I have found loophole which will allow Indian exchange to trade crypto.

PM me for details.

I don't think they will ban in India. In Goa there are on land casino as well which is adjacent to hayat. As per the remours and leaks they will regulate the crypt currency.

dhavalnc

jr. member

Activity: 51

Merit: 11

I have a loophole for RBI crypto ban to continue trade BTC in India.

Like Indian law do not permit Grambling on the land of India so in goa, poker is playing on a ship.

Same way, I have found loophole which will allow Indian exchange to trade crypto.

PM me for details.

Topic: I have loophole for RBI crypto ban to continue trade BTC in india (Read 245 times)