Bitcoin Banned in Nepal : 7 Arrested for Running Bitcoin ...

Liberating the Nepalese Economy one Satoshi at a time.

Welcome to BitcoinNepal. This subreddit is dedicated to information/transaction of BTC in Nepal or between fellow daju/bhai/didi/bainis. BTC relies on a trust-no-one system so please keep that in mind. However, our social structure relies on trust-a-lot so it will be interesting to see how we conduct business between ourselves.
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SUQA is an opensource peer to peer digital currency

SUQA is a new opensource peer to peer digital currency that gives the investors 5% apr interest from term deposits even if the wallet is offline. It is based on an improved code of the secure and widely used Bitcoin Blockchain with a brand new advanced memory intensive X22i POW algo which is completely ASIC, FPGA and Quantum Resistant.
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Want to sell my Bitcoin in Nepal

Hello bitcoiners, Actually, I have some amount of BTC and I want to sell it for cash. Bitcoin is illegal in my country so that I can neither buy nor sell bitcoins. After DYOR, I got to know that I can exchange USD and then remit to my country. But, for that I will need a Credit Card USD which can accept Bitcoin payment. So, here are my questions:
**1. Could you please tell me any USD card which I can buy online and has very low fees?
  1. Could you please tell me if you know a credit card that accept direct bitcoin payments?**
Will be very happy if you tell me. And, if your idea works, I will reward you in BTC. Please help me. You can also tell me if you have some other ways to withdraw bitcoin in Nepal.
submitted by Ravi_Mishra to Bitcoin [link] [comments]

Buy /Sell goods using Bitcoin in Nepal or abroad !!

submitted by angryvoice to NepalBitcoin [link] [comments]

Bitcoin in Nepal

What happens when we mine Bitcoin in Nepal.
(Especially Nepal government, criminal group ani general public ko response k huncha ? )
submitted by dormani to Nepal [link] [comments]

Bitcoin buyers, traders and hodlers, what service do you use to buy bitcoin in Nepal (in Nepali rupee).

How big of a market it is and how much do you pay as extra fees for trade?
submitted by orovindoo to Nepal [link] [comments]

Bitcoins in Nepal

Anyone here doing research related to bitcoins here?? I know it currently illegal in Nepal until NRB releases new laws on it. But I suppose you can still earn and send bitcoins. Cryptocurrencies are the future, right fellow redditors? Or is just for neds?
submitted by nepreddit to Nepal [link] [comments]

Does anyone know where can I buy large quantities of bitcoins in Nepal without exorbitant fees?

I need to buy around 50 lacks NRS worth of bitcoins, and possibly more in the next couple of months. I have run into a couple of people who sell bitcoins, but there price is more than 5% above current market price. Do any of you guys know of any person or organization that sells bitcoins in reasonable price? Thanks.
submitted by _FreeThinker to Nepal [link] [comments]

A bullying Government ! (Bitcoin in Nepal)

A bullying Government ! (Bitcoin in Nepal) submitted by latestcryptocoins to SteemitPromo [link] [comments]

12-27 18:02 - 'Bitcoin in Nepal, Buy Bitcoin in Nepal, Bitcoin exchange in Nepal, Bitcoin Nepal' (nepalmonetarysolutions.com) by /u/whoisthisdeo removed from /r/Bitcoin within 6-16min

Bitcoin in Nepal, Buy Bitcoin in Nepal, Bitcoin exchange in Nepal, Bitcoin Nepal
Go1dfish undelete link
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Author: whoisthisdeo
submitted by removalbot to removalbot [link] [comments]

Bitcoin in Nepal, Buy Bitcoin in Nepal, Bitcoin exchange in Nepal, Bitcoin Nepal

Bitcoin in Nepal, Buy Bitcoin in Nepal, Bitcoin exchange in Nepal, Bitcoin Nepal submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What is BlockChain Technology? Bitcoin and Blockchain, Future of Cryptocurrency – Bitcoin in Nepal - Bitcoin In Nepal, Blockchain Technology

What is BlockChain Technology? Bitcoin and Blockchain, Future of Cryptocurrency – Bitcoin in Nepal - Bitcoin In Nepal, Blockchain Technology submitted by Yad_Pok to Bitcoin [link] [comments]

What is BlockChain Technology? Bitcoin and Blockchain, Future of Cryptocurrency Bitcoin in Nepal - Bitcoin In Nepal, Blockchain Technology

What is BlockChain Technology? Bitcoin and Blockchain, Future of Cryptocurrency Bitcoin in Nepal - Bitcoin In Nepal, Blockchain Technology submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Anyone buying bitcoins in Nepal?

I have around 100 bitcoins to sell. I will be in Nepal(Kathmandu) this Christmas and I want to sell it all. Anybody willing to buy please PM me. :)
I don't have any idea about bitcoin trading in Nepal so it would be great if you guys here at nepal could hook me up with some traders around Kathmandu.
8 barsa pachi Nepal jadai chu :') :D Jai Nepal
submitted by lingaprashad to Nepal [link] [comments]

Bitcoin mentioned around Reddit: Does anyone know where can I buy large quantities of bitcoins in Nepal without exorbitant fees? /r/Nepal

Bitcoin mentioned around Reddit: Does anyone know where can I buy large quantities of bitcoins in Nepal without exorbitant fees? /Nepal submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[S] bitcoins in Nepal

Hi /bitcoinnepal.
I have been a bitcoin user for few months now and have been amazed by it. Only recently has there been a demand for bitcoins in nepal, I had been telling all my friends about it and even started giving some fractions of a coin so they could test it. So I'm here today to let you know that I can start selling in chitwan area and If the sale is big enough than I could also travel to Kathmandu to make the deal. These will be face to face meet up and cash only. We can talk about the fees if anybody is interested. I want this to be as transparent as possible so please do not email me or msg me. If you are interested than post below and we can make arrangements.
This is how meet ups would work: We will arrange a meeting at a very public place like a bank (for security purposes) you would show me that you have cash (no check/ no bank transfers) and than show me your qr code and then I would send the coins to you right then and there. You can wait for confirmation if you would like and than I would get the cash. We could also involve a third party to make sure there are no foul play like asking the banker to see the deal go down since we will be in a bank lobby etc. If you are in kathmandu, minimum buy is 500 USD and if you are in chitwan than that can be any amount as long as transportation doesn't cost me too much. If you have any questions please post below and try not messaging me. this has to be seen by all so it's safe and secure. Also, this way other people can see it as well. I might also ask you to post your address below so we don't have disputes. Remember blockchain is totally transparent and by posting your receive address anybody can see the exchange in real time or in the later future.
I thank you for your time.
JAI NEPAL AND JAI BITCOIN
submitted by Chiso_Hawa to BitcoinNepal [link] [comments]

Bitcoin mentioned around Reddit: Anyone buying bitcoins in Nepal? /r/Nepal

Bitcoin mentioned around Reddit: Anyone buying bitcoins in Nepal? /Nepal submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Legality of Bitcoin in Nepal.

http://techsansar.com/computing/bitcoins-nepal-legalities-faqs/
So I'm guessing its banned?
How would they even enforce it?
submitted by btcnp to BitcoinNepal [link] [comments]

Increasing adoption of Bitcoins in Nepal

Bitcoin's been the hot topic all over the world. Some say it is a bubble, others say it is backed by NSA. While I believe that it is a beautiful mechanism of liberating economy from the hands of a few (usually the government). Anyone can create and trade wealth, and all they need to do is have a cellphone or a computer and an internet connection.
In Nepal though, there are just couple of interested individuals. We could change this and get more individuals interested in using services actually based on bitcoins. I can see doughnuts shops, cafes, cinema theatres etc accepting bitcoins.
Even more, imagine all the migrant workers sending home money through bitcoins, cut out the middle man and save huge amount of money spent on wire transfers.
Possibilities are endless. I'm eager to hear any opinion how we can spread the word around.
submitted by bibstha to BitcoinNepal [link] [comments]

Is there any way to buy Bitcoin legally in Nepal?

I can any information regarding Bitcoin in Nepal including ways and if we can or not buy some.
submitted by iamkingdani to BitcoinNepal [link] [comments]

The Bitcoin Scene in Nepal (Discussion with academics, legal and industry experts about the future of Bitcoin and Blockchain in Nepal)

The Bitcoin Scene in Nepal (Discussion with academics, legal and industry experts about the future of Bitcoin and Blockchain in Nepal) submitted by angryvoice to Nepal [link] [comments]

Governor of Rastra Bank talking about Bitcoin and Cryptocurrency in Nepal

Governor of Rastra Bank talking about Bitcoin and Cryptocurrency in Nepal submitted by angryvoice to NepalBitcoin [link] [comments]

The Bitcoin Scene in Nepal (Discussion with academics, legal and industry experts about the future of Bitcoin and Blockchain in Nepal)

The Bitcoin Scene in Nepal (Discussion with academics, legal and industry experts about the future of Bitcoin and Blockchain in Nepal) submitted by angryvoice to NepalBitcoin [link] [comments]

5 Countries Where Bitcoin Is Illegal

5 Countries Where Bitcoin Is Illegal
Bitcoin has increased a lot in popularity since it was created in 2009 but there still remain several regions around the world where it, and other cryptocurrencies such as Litecoin and Ethereum, are classified as illegal and not recognized as a legitimate form of currency.
In North America it’s completely legal to sell, trade, and buy so you don’t have to worry about it. However, if you are going abroad you have to know in which country you have to be very careful. Bitcoin isn't accepted everywhere just yet.
Bitcoin in Morocco
Bitcoin and other cryptocurrency transactions were officially outlawed in Morocco in November 2017, possibly in response to a major Moroccan digital services company, MTDS, announcing a few days prior that it would begin accepting Bitcoin payments.
Sending and receiving payments via any cryptocurrency in Morocco is punishable by fines.
Bitcoin in Bolivia
Cryptocurrencies have never been legal in Bolivia and the government has been known to enforce its anti-Bitcoin stance rather firmly. People caught using Bitcoin and other cryptocurrencies can be fined and a number of users have even been arrested on more than one occasion for trading and mining Bitcoin.
Bitcoin in Ecuador
Ecuador outlawed Bitcoin and other cryptocurrencies in mid-2014 as part of its financial reform plans. The ban on Bitcoin was seen by many as a way to reduce competition with the country's own digital currency system (Sistema de Dinero Electrónico). This official Ecuadorian currency isn't a cryptocurrency it's simply a digital money solution based on traditional money and valued after the American dollar.
Anti-Bitcoin laws don't appear to be too strict in Ecuador as there are still several ways to buy and sell Bitcoin and other cryptocurrencies domestically. Enforcement isn't as strict as other countries like Bolivia and Bitcoin is seen as something that might be technically illegal but is still used by a small number of the population.
Bitcoin in China
The trading of Bitcoin and other cryptocurrencies was banned in China in September 2017. Due to the technology being so popular in the country before the ban though, the change in law hasn't ceased its use completely and many Chinese people continue to trade cryptocurrencies via in-person trades and chat apps like Telegram and WeChat.
Bitcoin in Nepal
Nepal's stance on many aspects of Bitcoin and cryptocurrency is a little ambiguous however it has been confirmed that the trading of Bitcoin is considered illegal following several arrests of Bitcoin traders in 2017 that resulted in a combination of fines and jail terms for those involved. Attempting to use Bitcoin and other cryptocurrencies in Nepal is not recommended.
Bitcoin Laws Change as Much as Bitcoin's Price
Due to how new cryptocurrency technology is, most countries are still trying to figure out how to adapt to the numerous digital currencies that have sprung up in the past decade.
There remains a lot of debate globally around not only if Bitcoin and other cryptocurrencies should be recognized as legal tender but also if they should be taxable, how cryptocurrency trading should be regulated, and whether or not governments should monitor mining (the process in which cryptocurrency transactions are processed).
Cryptocurrency laws frequently update in many countries as the technology evolves and usage increases.
Bitcoin and International Travel
Laws and regulations relating to Bitcoin and other cryptocurrencies can change several times a year as financial institutions adapt to the market and government opinion shifts. If planning a trip overseas, it's highly recommended to research the target country's Bitcoin policies beforehand via an official government website. This is especially important if traveling for business.
It's unlikely, as a tourist, that you'll be arrested in a country where cryptocurrency is banned for simply having a Bitcoin wallet on your smartphone or for carrying your hardware wallet in your pocket. Simply don't ask to pay in Bitcoin where it's not allowed and be careful of strangers encouraging you to do so if it's against the law.
Source: Lifewire
https://preview.redd.it/db3wnzib6th11.png?width=1300&format=png&auto=webp&s=108b0eb6928a5be86e2b359b9d13d5bacc56bfd5
submitted by Lumi_wallet to LumiWallet [link] [comments]

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This is a complete directory of Nepal's Bitcoin exchanges. See every exchange, broker, and ATM in Nepal in this in-depth post. Bitcoin Illegal Notice from Nepal Rastra Bank Nepal Rastra Bank (NRB) – the central and regulatory bank of Nepal – has finally announced on August 13th, 2017 that the operation of Bitcoins and any other cryptocurrency is illegal in country. The notice followed the illegal activities and networking business done in cash and in person with Gravity Coins in the country.Even though Bitcoins ... Nepal Police recently arrested some people involved in Bitcoin and Cryptocurrency trading. Bitcoin, Ethereum, Blackcoin are examples of such currencies. They are new generation online digital currency. Globally the scenario is changing and many people are attracted to it. Some are investing because it shows bright future, security and trust. Nepal Rastra Bank published a notice on 13th Aug 2017, stating Bitcoin is not officially currency in Nepal. As Bitcoin isn’t attached to a state or government and doesn’t have a central issuing authority or regulatory body, it is Untraceable. Best Place To Buy Bitcoin In Nepal. With over three million users, CEX.IO is the simplest and most popular exchange for citizens in Nepal to buy cryptocurrencies. The verification process on CEX.IO is quite extensive which makes it one of the most secure exchanges on the planet. SWIFT bank deposits are free and withdrawals incur a 0.3% + $25 fee.

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