Author

Topic: Sunny Ray and Unocoin (Read 6199 times)

member
Activity: 75
Merit: 10
November 17, 2014, 08:52:35 PM
#19
Just to clarify, I (Sunny) have been 100% focused on Buttercoin since November 2013.

We are working towards launching in North America first.

To sign up for early access, visit www.buttercoin.com



What happened to infonetenergy (https://bitcointalksearch.org/user/infonetenergy-70511) ?

www.sunny-ray.com happened to infonetenergy....

for those who are really interested in learning more, here is a link to my profile:  http://bit.ly/1xg2zz9
full member
Activity: 197
Merit: 101
March 26, 2014, 01:34:23 AM
#18
To sign up for early access, visit www.buttercoin.com

love the way btc graph is used, devil is in the details  Smiley
legendary
Activity: 2282
Merit: 1204
The revolution will be digital
March 25, 2014, 05:30:16 PM
#17
Just to clarify, I (Sunny) have been 100% focused on Buttercoin since November 2013.

We are working towards launching in North America first.

To sign up for early access, visit www.buttercoin.com



What happened to infonetenergy (https://bitcointalksearch.org/user/infonetenergy-70511) ?
newbie
Activity: 1
Merit: 0
March 25, 2014, 03:50:02 PM
#16
Just to clarify, I (Sunny) have been 100% focused on Buttercoin since November 2013.

We are working towards launching in North America first.

To sign up for early access, visit www.buttercoin.com

legendary
Activity: 1258
Merit: 1001
January 28, 2014, 11:03:41 PM
#15
sunny is involved in processing the bitpay payments since an year i guess.
No those payments do not come to Unocoin. It will happen on its own channel for which i do not know the details.
It is not profitable to do it on Unocoin as transaction fee on unocoin is 3% by itself.
legendary
Activity: 2282
Merit: 1204
The revolution will be digital
January 28, 2014, 03:58:44 PM
#14
Bitpay do not hire such processing people as employees even though they get a contract signed. Out of 1% bitpay charges for the ending merchant, 0.5% is retained by bitpay and the remaining 99.5% is paid to such processers in bitcoin. now it is the duty of processer to convert it into INR and pay the 99% to merchant bank account and retain the 0.5% as fee for his service. This is what i know from various sources - may not be fully accurate.

So Bitcoins are coming from Bitpay to UnoCoin, getting converted into INR, and being paid off to the merchant. On the other hand people are buying those bitcoins directly from UnoCoin against INR. Is this how it operates Sattik ?
sr. member
Activity: 364
Merit: 252
January 28, 2014, 02:41:14 PM
#13
Whoa bitpay as in the global bitcoin processor ? Sunny ray has a stake in that ?
Yes the same bitpay. Not the stake but involved in the process to convert bitcoin to INR and pay to merchant on behalf of bitpay.

So he works for bitpay as an employee ? Or does the process of converting involve some other company in the middle which he own/has a stake in ?

https://i.imgur.com/wxLSSjk.png

Thanks Benson .. a help as always . Appreciate it (although I was wondering earlier if all the bumping was going unheeded lol). Thanks bro.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
January 28, 2014, 01:59:44 PM
#12
Whoa bitpay as in the global bitcoin processor ? Sunny ray has a stake in that ?
Yes the same bitpay. Not the stake but involved in the process to convert bitcoin to INR and pay to merchant on behalf of bitpay.

So he works for bitpay as an employee ? Or does the process of converting involve some other company in the middle which he own/has a stake in ?

https://i.imgur.com/wxLSSjk.png
sr. member
Activity: 364
Merit: 252
January 28, 2014, 01:34:40 PM
#11
Bitpay do not hire such processing people as employees even though they get a contract signed. Out of 1% bitpay charges for the ending merchant, 0.5% is retained by bitpay and the remaining 99.5% is paid to such processers in bitcoin. now it is the duty of processer to convert it into INR and pay the 99% to merchant bank account and retain the 0.5% as fee for his service. This is what i know from various sources - may not be fully accurate.

Oh ok thanks a lot ... makes it much more clear Cheesy
legendary
Activity: 1258
Merit: 1001
January 28, 2014, 11:54:44 AM
#10
Bitpay do not hire such processing people as employees even though they get a contract signed. Out of 1% bitpay charges for the ending merchant, 0.5% is retained by bitpay and the remaining 99.5% is paid to such processers in bitcoin. now it is the duty of processer to convert it into INR and pay the 99% to merchant bank account and retain the 0.5% as fee for his service. This is what i know from various sources - may not be fully accurate.
sr. member
Activity: 364
Merit: 252
January 28, 2014, 11:34:38 AM
#9
Whoa bitpay as in the global bitcoin processor ? Sunny ray has a stake in that ?
Yes the same bitpay. Not the stake but involved in the process to convert bitcoin to INR and pay to merchant on behalf of bitpay.

So he works for bitpay as an employee ? Or does the process of converting involve some other company in the middle which he own/has a stake in ?
legendary
Activity: 1258
Merit: 1001
January 28, 2014, 08:34:05 AM
#8
Whoa bitpay as in the global bitcoin processor ? Sunny ray has a stake in that ?
Yes the same bitpay. Not the stake but involved in the process to convert bitcoin to INR and pay to merchant on behalf of bitpay.
sr. member
Activity: 364
Merit: 252
January 24, 2014, 06:39:56 AM
#7
bump

Quote
Sunny is a Joint Director of coinmonk and unobit solutions. unobit has madovercoins and Bitpay in its portfolio and coinmonk has shares, unocoin, etc.

sr. member
Activity: 364
Merit: 252
January 16, 2014, 01:27:01 PM
#6
Whoa bitpay as in the global bitcoin processor ? Sunny ray has a stake in that ?
hero member
Activity: 490
Merit: 500
January 16, 2014, 12:16:18 PM
#5
Helpful to understand, thanks
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
January 09, 2014, 12:29:01 AM
#4
Here I read Sunny Ray is involved in Unocoin Project - http://bitcoinmagazine.com/7569/a-booming-bitcoin-community-in-india/

Here I read Sunny Ray is the Director of Business Development for Buttercoin - http://www.nextbigwhat.com/buttercoin-bitcoin-exchange-in-india-297/


So I have 2 questions...

1. Is it the same person ?

If the answer is Yes,

2. Does unocoin run on buttercoin ?



Is the same person and no

Are CoinMonk and UnoCoin same and Sathvik Vishwanath is a partner of Sunny Ray ?

Yep. Sunny is a Joint Director of coinmonk and unobit solutions. unobit has madovercoins and Bitpay in its portfolio and coinmonk has shares, unocoin, etc.
I remember that the domains were all registered by Sunny in 2012/13. I believe that most of his domains now point towards unocoin.com
legendary
Activity: 2282
Merit: 1204
The revolution will be digital
January 08, 2014, 05:06:46 PM
#3
Here I read Sunny Ray is involved in Unocoin Project - http://bitcoinmagazine.com/7569/a-booming-bitcoin-community-in-india/

Here I read Sunny Ray is the Director of Business Development for Buttercoin - http://www.nextbigwhat.com/buttercoin-bitcoin-exchange-in-india-297/


So I have 2 questions...

1. Is it the same person ?

If the answer is Yes,

2. Does unocoin run on buttercoin ?



Is the same person and no

Are CoinMonk and UnoCoin same and Sathvik Vishwanath is a partner of Sunny Ray ?
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
January 08, 2014, 01:07:47 PM
#2
Here I read Sunny Ray is involved in Unocoin Project - http://bitcoinmagazine.com/7569/a-booming-bitcoin-community-in-india/

Here I read Sunny Ray is the Director of Business Development for Buttercoin - http://www.nextbigwhat.com/buttercoin-bitcoin-exchange-in-india-297/


So I have 2 questions...

1. Is it the same person ?

If the answer is Yes,

2. Does unocoin run on buttercoin ?



Is the same person and no
legendary
Activity: 2282
Merit: 1204
The revolution will be digital
January 08, 2014, 11:58:07 AM
#1
Here I read Sunny Ray is involved in Unocoin Project - http://bitcoinmagazine.com/7569/a-booming-bitcoin-community-in-india/

Here I read Sunny Ray is the Director of Business Development for Buttercoin - http://www.nextbigwhat.com/buttercoin-bitcoin-exchange-in-india-297/


So I have 2 questions...

1. Is it the same person ?

If the answer is Yes,

2. Does unocoin run on buttercoin ?

Jump to: