Why Bitcoin is So Appealing

While the Bitcoin exchange is something that is already underway, and people buy & sell bitcoin very casually at this point, there are still many sectors of the population that find this entire ordeal alienating, and much too convoluted at first glance, at least enough to no give it a second look.

Most people understand that economics and finance aren't magic, but most of us also don’t know the intricacies of how economics operate. And, as the sub-prime mortgage crisis of the late 2000's demonstrated, those who are in the know are profiting and even counting on our ignorance even if they themselves might be ignorant too as most economics are made purposefully difficult to understand in order to alienate most people from monitoring them as, people would say sports. As the very nature of money is a amorphous abstraction, its source, and the source of its power, never seems to be anywhere. This strategy of linguistically keeping information at arms’ length from the everyday citizen and a consumer is called technocratic discourse.

Anyone who has turned to a lawyer, a doctor or a computer technician for support knows the drill of, never mind how dense the language or nature of the problem, we are always expected to trust the expert. But how does this technocratic babble affect us, the consumers?

Well, it not only ensures that people defer trust and tasks to who we perceive to be more expert minds but also has us dependant on them continuing to relay us from all involvement in our money. And, given how complex finances can be, as anyone who has tuned into a financial show and felt they’ve been watching a foreign film without subtitles, we do welcome the relief of delegating the finance world to others. 

But, where bitcoin comes in to, let’s say “save the day” is by the grace of diluting it all down to the most comfortable aspects of everyday online banking, only without fees. And now it’s all as simple as transferring money in a system that can’t be tampered with by anyone, even as much as many would like to.

Bitcoin is growing too fast

     The implementation of Bitcoin in the daily life of people has been bringing certain problems since it is not yet accepted as a means of payment in different places. For the time being, this has held back many people who do not invest in cryptocurrency. An uncertainty for the general public was whether people really wanted to pay with Bitcoin.

     Although the euphoria for bitcoin last week peaked when the price soared to nearly $ 3,000, slow transaction times and inertia are helping to prevent its use. Cryptocurrency is advancing more in markets like Japan, which began to recognize digital coins as a form of payment this year, and in Venezuela, where the bolivar is almost useless.

     In other countries, Bitcoin is also being established as a form of payment. Bitcoin Exchanges are being accepted by thousands of businesses and people around the world. Even though small things such as food, household goods, etc, cannot yet be bought; People decide to buy bitcoin as simply an investment from which they see the fruits quickly. In other Latin American countries such as the Dominican Republic, Bitcoin is being accepted as a form of payment.

     In the United States, digital currency is being accepted from time to time. The acceptance and legalization of Bitcoin has attracted much attention. The cryptocurrency regulations have been discarded and users can sell Bitcoin without problem or perform any Bitcoin Exchange.

     Also, industry startups can use cryptocurrencies as permissible investment securities, even in the case of small transactions, which limits the possibilities for the ventures.

     Some of the platforms to perform your operations with confidence are Unicode, Zebpay, Consecure or Bitxoxo. Most users in the world have preferred Zebpay and Consecure. However, Bitxoxo is among the first 3 portals for Bitcoin Exchanges. Bitxoxo has guaranteed millions of transactions and has registered thousands of people.

     The growth and expansion of Bitcoin has not ceased despite the imposed tests that the government has presented and Bitcoin is making clear that it arrived to stay and to expand. People will continue to say and choose Bitcoin as a great favorite among other digital currencies.

How will the Cyberattack on Bitcoin Exchanges affect Bitcoin trading in India?

Another cyberattack on bitcoin exchanges, this can be seen on occasion and it seems to spook the market every time. It’s frightening because there is a potential of loss when individuals keep their savings in the hands of a company or service they are entrusting them. Big mistake.

A record rally has made bitcoin exchanges (all of the best bitcoin exchanges in India being affected) their target and their attacks have spooked the market the way it does every time. It has made it so that bitcoin has undergone a big drop, from over $3000, which was considered the best bitcoin exchange rate, to $2500. These types of cyberattacks aren’t a regular occurrence, but it isn’t unheard of or rare either.

Today there’s an entire virtual industry around set up around bitcoin exchange in India, as people seeking to buy bitcoin in India and sell bitcoin in India have reached unprecedented heights. 

There has been talk of the government looking to legalize bitcoin exchange in India and find ways to regulate all the top bitcoin exchanges in India. But what happens now after such a steep drop in its price?

The answer is simple, nothing. These types of attacks aren’t rare, and despite a superficial look might ‘cause people to panic sell or believe this foretells the end for bitcoin as the best bitcoin rate could be a thing of the past would be gravely mistaken. These type of drops aren’t unheard of, and even if people might consider this to be unfortunate, bitcoin exchange in India is still a much more viable trade than other more conventional methods of wealth creation in India, so, the idea that all people that were looking to buy bitcoin in India and sell bitcoin in India would all be engaging in a panic sell and all the top bitcoin exchanges in India would be suddenly out of business is absurd.

Bitcoin exchange in India has become as much a part of the economy as any other, and some of the companies that are considered the best bitcoin exchanges in India have already become emissaries of Indian economy in the world. Top bitcoin exchanges like Bitxoxo, Zebpay and Coinsecure will continue to profit, just like their customers.

Bitcoin investors can rest assured knowing that top bitcoin exchanges in India like Zebpay, and the best bitcoin exchanges, bitcoin-enthusiast favorites like Bitxoxo will continue to be a reliable way to profit.

India’s Bitcoin Economy

Cryptocurrency is one of the fastest rising things on the web. And it would seem that India is preparing itself rise up to the challenge. The Indian public has spoken out in support of crypto-currencies, sending a myriad of comments arguing in favor of making Bitcoin and its peers an official currency.

Puzzling to some as to how a country that has been stereotyped as the worst example of poverty would harbor such a massive economy, but also be a pioneer in the new cryptocurrency system, seeing people rushing to buy bitcoin in and India sell Bitcoin in India, as well as companies seizing the moment to helping them buy bitcoin in India and sell bitcoin in India.

Top Bitcoin exchange in India are companies like founding members of Digital Assets and Blockchain Foundation India (DAFBI), Coinsecure, Zebpay, BTCXIndia. These are the Bitcoin exchanges in India that offer the best bitcoin rate and are considered the top Bitcoin exchanges in India by the people who are cryptocurrency enthusiasts.

1.    Zebpay: preferred by many because of its app-only nature and user friendly styling. It has been around since 2011 and has risen since, becoming the 7^th most popular app on the Apple Finance store, they offer what many consider to be the best Bitcoin rate.

2.    Bitxoxo: the founding members of Digital Assets and Blockchain Foundation India (DAFBI) and the first company to offer pre-paid bitcoin gift cards as well as offering the option to buy and sell bitcoins and used by many as a trustworthy intermediary in bitcoin exchange in India.

3.    Coinsecure: speed based, as its claims to be the fastest real-time bitcoin exchange app in India

4.    Unocoin: Not only claiming to be the best bitcoin exchange in India but also aiming at emerging as a top global player in its field and wanting to give back to the Indian and global economy. It’s also considered a top bitcoin exchange in India.

5.    BTCXIndia: branding themselves and priding themselves in their commitment to their customers, and the maintenance of quality standards make this a reliable service that many people still consider a respectable horse in the race for the best bitcoin exchange in India.

Bitcoin wins fans in India

     Bitcoin continues to surprise with his rapid increases. Last week it was recorded in India at $ 3050 which is equivalent to 197,222 rupees. This figure has drawn the attention of many citizens of this country to invest in the digital currency to give economic stability to their lives. Many entrepreneurs have also decided to accept cryptocurrency as a means of payment in their businesses.

     Best Bitcoin Exchanges in India are some of the best in the world. About 8 million transactions are made per day. That is to say that there are thousands of people who have adopted Bitcoin as a form of saving or investment in their lives. The great merchants Buy Bitcoin in India from any other part of the world, achieving that way the country will reach a financial and economic development worldwide.

    The great global economic crisis has been affecting many countries of the world and cryptocurrencies have been the gateway for millions of people who were in a critical financial state. Best Bitcoin Rate in India has allowed thousands of citizens the ability to invest and multiply their income quickly and effectively.

     Bitxoxo, the number one application of Bitcoin Exchanges in India, registers thousands of users daily. It has been the favorite flight of the citizens of India for its fun interface and above all for its 0% commission. That is, users make Bitcoin Exchanges totally free and in only hours.

     There are other applications that are in high demand in this country. For example: Coinsecure or Unocoin; however in these applications users should leave a percentage for each transaction and sometimes can take days to do them. With Bitxoxo people feel calm and comfortable; they can also access it from any computer with connection to Internet or even from a Smartphone.

     The Bitcoins in India have become very popular and have been changing the way they see the country. The government is already agreeing to recognize cryptocurrency and accept its legalization. Act that will surely attract millions more people to invest in Bitcoin. The security of this digital currency is guaranteed and when it is recognized worldwide, it has confidence in other countries to allow its use as a means of payment to carry out any type of business.

Government of India refused to recognize Bitcoin

     In India there is still a struggle for Bitcoin's acceptance and legalization. The Indian government is struggling to recognize cryptocurrency as a means of payment. The government's suspicious stance on this discussion has become remarkable for some months, seeming to arrive at no favorable agreement for bitcoin in that country. The main argument of the finance leaders of this country is that it can be used for black market transactions or for web fraud.

     To clear and clarify many concerns of the opposites to the cryptocurrency consultations were made to the general public to know all the possible points of view. The results showed that Bitcoin is widely accepted by the citizens of India. So much so that the Bitcoin Exchanges in India multiplied in large numbers and many people now buy bitcoin in India to exchange them with users from other countries.

     One of the best platforms for Bitcoin Exchanges in India is Bitxoxo. This site has registered more than 5000 people in this country being number one among its rivals UnoCoin, ZebPay and CoinSecure. Bitxoxo has been a very practical tool for users. They can conduct operations without worrying about commissions or time-wasters.

     Although the government does not want to recognize even Bitcoin as a legal payment in India. Its use has not had losses in this country. On the contrary, many entrepreneurs and civilians have managed to maintain economic stability and even grow financially. People buy Bitcoin in India on a daily basis. Best Bitcoin Exchange in India are recognized by other countries and in turn has allowed India to recognize itself as an economic power worldwide.

     Undoubtedly, Bitcoin is here to stay and sooner or later the Indian government will have no choice but to legalize the digital currency.

     Bitcoin is treated differently around the world, being accepted or allowed by a good part of the countries that represent the leading economies of today's globalized world. In China Bitcoin is considered as a virtual good. In England it is a private initiative that is greatly reduced taxes, as in Australia. For its part, the United States considers it as property, and therefore as a source of taxation. In Japan, one of the most notable cases, the cryptocurrency is accepted as a payment method and hundreds of thousands of stores will begin to use it.

Bitcoin: Free of Traps

     In the world of cryptocurrencies just like in other markets, there are always those who want to go from ready trying to break the schemes to deceive people. Recently in India, they arrested a group of created a page of a digital currency, OneCoin that tricked many people into believing that they would become millionaires by investing their money in their platform. This caused a bad influence on people who were interested in investing in digital coins.

     However, Bitcoin and its CEOs have stated that Bitcoin is a 100% safe currency, free from fraud or illegal acts. The owner of the cryptocurrency denounced this company for making people believe that they could become rich from one day to another but in spite of this act Bitcoin users in India and the world have not stopped growing.

     The implementation of Blockchain provides the security that investors do not lose their money. In addition, the Best Bitcoin Rate in India attracts thousands of people to invest in digital currency. Citizens Sell Bitcoin, thousands of them use the Bitxoxo platform to carry out their operations quickly and safely.

     Bitcoin Exchanges in India grow in large numbers every day, allowing users and others to know more about their safe and innovative system. The Best Bitcoin Rate in India requires a minimum interest rate through the different companies linked to Bitcoin such as Bitxoxo, Unocoin, Coinsecure, etc.

     The transactions made with Bitcoin in its different portals are protected with Blockchain. Any person or security entity can follow the activity that the user has performed and identify where it is going or where it comes from.

     In India, despite poverty and slow development, people have decided to invest in cryptocurrency to secure their assets and assets in a way that they can make Bitcoin Exchanges to any part of the world from a computer or phone with internet access.

     For the tranquility of the users of Bitcoin has not been registered another fact of fraud like this one in no country of the world nor is not expected to happen. However, the authorities directly linked to cryptocurrency will always be improving their system to increase their reliability in people.