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More Sitemap Definitions. Font Size Abc Small. Abc Medium. Abc Large. As on June 30, , Bachchan held 3. Stampede Capital Ltd. While lakhs of Indians are said to have taken a fancy to the Bitcoin and other such virtual currencies, Bachchan is probably the first big name from the country to get associated with this big buzzword -- albeit indirectly and because of a small investment that is at least years old.
The link is a Hyderabad-based company named Stampede Capital , which describes itself as a "research driven global trade house" and a "liquidity provider and market maker" at various exchanges driving "millions of dollars trading volume everyday across the globe in nano seconds". Also, ETMarkets. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.
An Indian exchange, Koinex, is paying one of the highest premiums over global prices for Bitcoin at the moment. There is a lot of money to be made with arbitrage across countries and exchanges if a person is careful and smart. The biggest pitfall for small beginning investors is judging cost by price rather than market capitalization.
There are still many top quality coins with a capitalization under USD 1million. Rajendra Ishi days ago. People are a bit quick to criticize what they do not know. Bitcoin certainly has flaws, but there are currencies like gridcoin, primecoin, folding coin, curecoin etc etc that are the first generation of useful algorhythms.
View Comments Add Comments. Read before you invest. A gradual increase in the places where Bitcoin can be used has also contributed to its continued growth in popularity.
Even though cryptocurrencies remain largely unregulated — except for Japan which, earlier in the year, passed a law to make Bitcoins a legal payment method — many banks, including Barclays, Citibank, Deutsche Bank and BNP Paribas, looking at ways to safely invest in Bitcoins and other cryptocurrencies through secure financial instruments has also led to increased interest in their value.
Also read: What no one's telling you about Gujarat Assembly election results. X Login. Sign In With Twitter. English Bangla. Bitcoin crorepati: How Amitabh Bachchan made Rs ,00,00, Cryptocurrencies have seen stupendous growth this year. How did Big B make those millions?