All Cryptocoin

Inside an Indian Bitcoin Meetup

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<span style="font-size: small;"><img alt="indian bitcoin.jpg" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1bKOL6UJdBqaWkgjgNzhDBtRE9C1YRxImoz1DpYYrEinqY8IlRg5DmqDIUaW-WplDBZgpjCT8iiAIj8_UJMHHU4FSFZZL-6HjwWGmlRYbQUJtAZEZ8Q59jnDbVFrG9gIRzKp9DVfH7bQ/s1600/indian+bitcoin.png" style="float: left; margin-bottom: 10px; margin-right: 10px;" width="250" /></span>
<span style="font-family: Verdana,sans-serif;"><span style="font-size: small;">India is considered to be a huge market 
for Bitcoin businesses. The country has a lot of untapped potential when
 it comes to the Bitcoin sector, thanks to the large population, huge 
remittance market and lot of unbanked people. Even though ths is all 
true, the ground reality is something completely different when it comes
 to Bitcoin adoption.</span></span></div>
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<span style="font-family: Verdana,sans-serif;"><span style="font-size: small;">The Indian Bitcoin industry is moving 
forward at a slower pace than expected, but there is growth 
nevertheless. The country currently has a handful of home-grown Bitcoin 
companies while many international players have announced their 
intentions of entering the Indian market.</span></span></div>
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<span style="font-family: Verdana,sans-serif;"><span style="font-size: small;">With the country still in nascent stages
 of Bitcoin adoption, many people do not know about Bitcoin. There is a 
huge need to educate people about Bitcoin and its benefits. This will 
help increase the rate of adoption. Everyone who are currently part of 
the Indian Bitcoin community including Bitcoin companies share the same 
view, and they are working together to nurture the ecosystem. This is 
done by organizing frequent meet-ups, hackathons, lectures etc. in 
various cities across the country. These events are conducted with 
active involvement of both Bitcoin enthusiasts and companies.</span></span></div>
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<span style="font-family: Verdana,sans-serif;"><span style="font-size: small;">Yesterday we got a chance to attend one 
of the two such Bitcoin meetups organized in Bangalore. These meetups 
are targeted towards newbies who are interested to know about Bitcoin, 
whereas in places with higher Bitcoin adoption, such meetups will be 
focused on discussions related to the future of Bitcoin, cryptocurrency 
and the technology behind it. </span></span><a href="http://www.newsbtc.com/2015/06/14/inside-an-indian-bitcoin-meetup/" target="_blank"><b><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;">More info read on BTCNews</span></span></span></span></b></a></div>

Inside an Indian Bitcoin Meetup

India is considered to be a huge market for Bitcoin businesses. The country has a lot of untapped potential when it comes to the Bitcoin...

08:53

Dash Price Weekly Analysis – False Break

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<li><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;">Dash this past week settled above an important resistance area, but it looks like a false break.</span></span></li>
<li><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;">Buyers failed to gain momentum, as the price settled back below 0.0120BTC.</span></span></li>
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<span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"><i>Dash buyers failed to take prices above 0.0125 twice, which means there are chances of it trading lower in the near term.</i></span></span></div>
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<span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"><b><a href="http://www.newsbtc.com/2015/06/12/dash-price-at-crucial-juncture/" target="_blank">Important of 0.0125BTC</a></b></span></span></div>
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<span style="font-family: Verdana,sans-serif;"><span style="font-size: small;">We highlighted an important resistance area this past week around 
0.0125BTC, which acted as a barrier for buyers on more than two 
occasions. There is also a bearish trend line formed on the hourly chart
 of Dash, which added to the value of the highlighted resistance. The 
price once settled above the 100 hourly simple moving average, but later
 after failing at 0.0125BTC, it moved back below the 100 SMA. As stated 
time and again in the daily analysis there is a major support band 
formed around 0.0119-0.0120BTC, which is likely to act as a pivot area 
in the near term.</span></span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgO8cRPAan81GYR0o38cRVp93yKEVHaDJFYq9eaZ90oM7EzFbOeZ7Arb815QNBLfyB66Dhb1PmwXlpy4GwiaX9hQv8velAAYymyB3Smq2-Ahce9SNKoL0-1E0i7-9yDzo72URPM8Hqti9Q/s1600/Dashcoin11.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="221" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgO8cRPAan81GYR0o38cRVp93yKEVHaDJFYq9eaZ90oM7EzFbOeZ7Arb815QNBLfyB66Dhb1PmwXlpy4GwiaX9hQv8velAAYymyB3Smq2-Ahce9SNKoL0-1E0i7-9yDzo72URPM8Hqti9Q/s400/Dashcoin11.png" width="400" /></a></div>
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<span style="font-family: Verdana,sans-serif;"><span style="font-size: small;">Moreover, the price failed just around the 61.8% Fib retracement level 
of the last drop from 0.0128BTC high to 0.0116BTC. There are more 
worrying signs for buyers to note, as the hourly RSI went below the 50 
level and the MACD also tilted towards the bearish zone. There is a 
possibility that the price might move towards the highlighted trend 
line, which is coinciding with the Upper Bollinger Band. So, 0.0125BTC 
is a monster resistance area in the short term. </span></span><a href="http://www.newsbtc.com/2015/06/14/dash-price-weekly-analysis-false-break/" target="_blank"><b><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;">More info read on BTCNews</span></span></span></span></b></a></div>
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Dash Price Weekly Analysis – False Break

Dash this past week settled above an important resistance area, but it looks like a false break. Buyers failed to gain momentum, as the pr...