Global Bitcoin Conference - Bangalore, Dec. 14-15, 2013
This two-day event will be held at the Sheraton Hotel in Bangalore, India on December 14th and 15th, 2013.
The lists of talks, speakers, panelists, vendors, and sponsors are still being put together but the goal of the conference is to provide an overview of where the virtual currency industry is today and its future potential — with emphasis on India’s role and future opportunities.
Additionally a Bitcoin ATM will be present for demonstration. Trading between buyers and sellers of bitcoins will occur, including those buying and silling bitcoins with gold. Startups who are raising funds and hiring will be present. Investors will be there looking for entrepreneurs and startups to fund. Payment processors will be there to help merchants get signed up to begin accepting Bitcoin that very same day!
- https://globalbitcoinconference.com
- https://bitcointalk.org/index.php?topic=315551.0 (Discussion of the event)
Previous Posts - Twitter: @Bitcoindia
Business Today - Paying in a different coin
Business Today covered Bitcoin. Excerpts:
"Early adopters, such as Mahin Gupta in Ahmedabad, have gained hugely. Gupta now runs a trading platform called buysellbitco.in. At the beginning of April this year, Gupta had 20 unfulfilled Bitcoin orders, as none of his contacts - some 60 people in India and the US - were willing to sell the coins.”
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“‘There are about 2,000 active Bitcoin users in India. Most of the users are individuals and want to explore the possibilities of an alternative investment opportunity,’ says Nilam Doctor, an Ahmedabad-based software professional who has invested in Bitcoins and also developed an online trading platform for the currency, rbitco.in.”
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"No e-commerce websites in India accept Bitcoins, but many Indian enthusiasts use the payment system for trade of goods and services from overseas websites."
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"The huge demand for Bitcoins in India has largely been from speculators hoping to gain from the rising value of the currency."
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"Until recently, Bangalore-based Bitcoin enthusiast Benson Samuel mined the currency using a botnet, or a network of computers that run applications. ‘I used to mine coins using GPUs,’ he says."
- https://bit.ly/ZQ0MNk
Previous Posts - Twitter: @Bitcoindia
Benson Samuel - Bitcoin In India?
Benson Samuel (@BensonSamuel) blogs on Bitcoin from Bangalore. His latest post introduces his readers to the Bitcoin ecosystem and describes some of the opportunities and challenges for Bitcoin in India, specifically. Excerpts:
Several new exchanges are being setup for India, and it is only a matter of time, before we can have a robust environment supporting Bitcoins in an open marketplace.
Several Indians participate in forums on Tor and have started engaging in open discussions about betterment and open business.
As long as there is prohibition of an item of need or desire, there will remain a Black Market. As long as this continues, Bitcoin will have value and will continue to grow. Bitcoin will replace or become the main currency in lands where modern banking has failed. It will remain a steadfast channel of alternative commerce where the need is.
Inspired Indians have taken up the challenge to reshape the way we have banked for decades.
Previous Posts - Twitter: @Bitcoindia