Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24168. (Read 26608075 times)

So Coindesk is convinced these 50,000 auction coins will sell for significantly below market. Thoughts?

Hey, whatever it takes!  If that was the outcome it was well worth it!   

Hello gents, I'm back from an enforced one week vacation.   

OMG Davy05 they sound almost like regular uneducated people, ripe for buying Bitcoin.
Better hurry up and sell them some, before a Nigerian Prince beats us to them!

i've been in preliminary talks with players in Mumbai ..maybe we can get the ball rollin' here soon?

https://www.youtube.com/watch?v=xRb7_ffl2D0&feature=player_detailpage#t=491 despite not having a computer themselves at this time, they figure out technology quickly, and share how to operate the computer with others.

Faith in God restored!!1!

Mah nigga!

I am back from India.  I returned a couple weeks ago.  I have been avoiding the boards because I am a bit depressed.  Husband sold some coins while I was gone.  I guess while the wife is away . . .  Sigh.  We really needed to pay some bills though so I wasn't here to argue with him.  I am the one with the worst hodling addiction.  We still have plenty of coins so please don't cry any tears for us.   I am actually glad my Bitcoin addiction has lessened.  There are far more important things in the world.  I know, it is hard to believe!

That said, I totally see a need for Bitcoin in India.  Cell phones are everywhere but there are no easy ways, or even the ability for most people in villages there to pay for anything without using rupees.  Most little stores only take cash.  If they could transfer Bitcoin easily from cell phone to cell phone it would open up so many doors for ease of payment!  I so wished that they already took BTC.  It was really hard finding the exact change when a local guy came to the house we were staying at to sell us some Indian sarees (we were supposed to dress like the people there out of respect.)  It was very difficult to pay him and I found myself dreaming of BTC.  

I mentioned BTC to the head of Harvest India.  He was interested/intrigued but not really ready to do anything about it yet.  I am hoping once BTC takes off again, and if husband hasn't sold all the coins by then (half way joking) we can encourage him to take BTC with the promise of a generous donation if they do so.  

I really think it is just a matter of time before Bitcoin takes off in these places.  It will have a slow start but once the ball starts rolling it will be countries like India where it will revolutionize how payments are made, IMHO.

You're doing great!  Not too Christmassy, but sing with enough gusto, slur a bit & no one will ever notice,  All you need now is a catchy tune!

Dead it is... 

Explanation

If they don't have a computer at home, they can use the Internet cafe to set up their wallet with blockchain. Just let them know that they need 2FA, and they should use an email account separate from their regular account. And use a password that's complex, with number, symbols, and letters, that isn't in the dictionary. They can use their dumb phone for the 2FA.

Also, they should run an antivirus scan on the Internet cafe computer with at least three or four different vendors to ensure it's safe before each usage. There could be a keylogger or a browser session hijacker. Also don't allow .dat file backups to the e-mail address, just in case. As long as they follow this, they'll be good to go. It's really not that difficult, and much easier than using a bank or storing your savings in a coffee can.

The main problem there is the diversity. I can assure you they're at a very good pace right now towards a better social and cultural level. India is not what it used to be.

The majority people in underdeveloped (poor nations) do not have running water or electricity let alone a computer in the home this is why they are called underdeveloped or poor.

Guys better be real about this... What part of India are we talking about? The cities? They probably understand bitcoin better than us... The villages? They just got electricity, better wait a bit for bitcoin.

From what I recall she was out on a help/charity mission there. As for the idea you're talking about; I find it splendid. Actually, what's missing is the way to explain to average people, how they'll be able to use bitcoin in those countries. If you (or anyone) have any good ideas that you could use to explain to them what bitcoin is and how they would set up a wallet, that would be awesome. Please avoid word like "random matrix" or "cryptography" they will turn around and run...

Why? Poor people are going to be the main force behind bitcoin, it's all just a matter of education.

are you trolling

we are established around 380$ I think we should see a triangle rupture in the next days