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Sanjay Mehta, an investor in Altcoins, alternative cryptocurrencies launched after the success of Bitcoin says, While Bitcoin is mainstream and many have heard about it, I have invested in half a dozen Altcoins which are point solutions using blockchain technologies.
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Additionally, private Bitcoin companies have even formed their own association.Bitcoin News: How to buy bitcoin, litecoin and ethereum on iPhone, Android and desktop.
More so, to assuage these fears, Bitcoin startups in India are implementing multiple security checks.
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RBI would issue guidelines regarding investment and purchase of Bitcoins.