Reliance Jio planning to enter crypto with Jio Coin in India

Discussion in 'CryptoCurrency' started by krishnaverma, Jan 12, 2018.

  1. krishnaverma

    krishnaverma Jr. VIP Jr. VIP

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    Reliance Jio, a leading company in Indiaplanning to enter crypto with Jio Coin. If this comes true, I think lot of Indians will be investing in that coin instead of the current alt coins. Was a surprising news for me keeping in mind the current statements by Finance minister.
     
  2. Goproseo

    Goproseo Registered Member

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    Not only Indian... I expect other countries to invest in it and get your returns...
     
  3. shubhamc

    shubhamc Junior Member

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    i think there's already a indian coin name laxmi but it's not listed in some famous crypto sites so it's the sign they are not buying, so maybe this is not good for jio, anyways lets see!
     
  4. Rockstar007

    Rockstar007 Jr. VIP Jr. VIP

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    Damn! if that happens i am sure reliance jio will market it very well and try to give gains to holders.
     
  5. MgicalaEarner

    MgicalaEarner Junior Member

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    i hope ambani(Jio Owner) will do this :p
     
  6. krishnaverma

    krishnaverma Jr. VIP Jr. VIP

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    I heard that it is fraud.
    His son is going to look after this project as per news reports.
     
  7. life2ifeless

    life2ifeless Jr. VIP Jr. VIP

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    Is this the biggest indian-pakistani based crypto at the moment? I'm not familiar with the crypto scene there so any info would be greatly appreciated.

    If it can potentially become the top national coin like NEO, then it's worth keeping an eye out for.
     
  8. nolsen547

    nolsen547 Newbie

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    Now days everyone is investing in crypto trading one way or another.
     
  9. ironmarine

    ironmarine Newbie

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    Reliance is Known to eat the market they enter. Be it telecom or any other business that they are into. I'm sure as per the reports if JioCoin is released, it will be backed by any Govt that comes in or will be there for sure.
    It will sky rocket without any issues as most of the industrialist and politicians will get into this without questions.
     
  10. life2ifeless

    life2ifeless Jr. VIP Jr. VIP

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    That is reassuring. Will look into this Jiocoin.

    Meanwhile:


    Will Ambani’s JioCoin work? Analysts predict 85% crash in bitcoin in 2018

    Read more at:
    //economictimes.indiatimes.com/articleshow/62471990.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
     
    Last edited: Jan 12, 2018
  11. derago21

    derago21 Jr. VIP Jr. VIP Premium Member

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    at-least by then they could legalise few things in India and clear all the FUD that is spreading!
     
  12. JB2302

    JB2302 Jr. VIP Jr. VIP

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  13. AlanWatts33

    AlanWatts33 Power Member

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  14. TWdesigns69

    TWdesigns69 Power Member

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    well that is just "altcellent" news. If this happens it will be a "jious" occasion for me (and other indian investors) during its Ico. Jio is a big company and lots of people will be "reliant" on this coin for common online transactions.
     
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  15. Mike Han

    Mike Han Newbie

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    Any planned release date