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Showing 9 of 9 results by Abdul amir
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Topic
Board Trading Discussion
Re: Is it worth for me in my situation to start btc trading?
by
Abdul amir
on 30/09/2019, 13:03:53 UTC
I chose to expirement and try luck with trading and freelancing, if there is no success with any for september, I will choose full-time job.
This span you have chosen is very small to see whether he can succeed or not because Trading needs time and attention you need to read learn and analyse and keep reading markets.

Can I learn and do trading for month to make at least some money(around $100-$250), while doing freelance programming? I can arrange 3-5 hours for each activity per day
This is very hard to predict as it completely depends on your skills and efforts.
Post
Topic
Board Speculation (Altcoins)
Re: XRP rises quickly!
by
Abdul amir
on 30/09/2019, 12:45:25 UTC
What is the main cause that makes XRP prices rise significantly to reach the price of $ 0.41. Or indeed this is the impact of changes in the conditions of crypto market capitalization in the last few days. Give your opinion here about XRP and the latest news. Thank you all.

I do not think it is because of some news or some factor but, if BTC increases altcoins fall and then raise and when BTC falls altcoins also go through a bearish market. What I am trying to explain is that BTC price in a majority of the cases is effecting altcoin price. So, when there is a signal for huge price change it is good to convert xrp to btc and be in BTC.
Post
Topic
Board Altcoin Discussion
Re: Is Litecoin dead? What's happening?
by
Abdul amir
on 30/09/2019, 12:38:50 UTC
I do not think this phase of market is for altcoins. It is better to exchange litecoin to bitcoin or just to hold some stable currency like USDT.

I mentioned stable coins as you can see BTC is also have a pull back.
Post
Topic
Board Bitcoin Discussion
Re: With Bitcoin, a future is not clear
by
Abdul amir
on 12/09/2019, 12:54:10 UTC
Yes there are predictions saying that btc will reach $23000 by 2020 but, are you serious about your property?
Post
Topic
Board India
Re: When did you buy your first bitcoin?
by
Abdul amir
on 12/09/2019, 12:10:08 UTC
My first investment in Bitcoin was not done by me. I had handed over fiat to one of my friend who gave me double if my investment in oct 2017. I asked how could he manage to do that then he introduced me to crypto. Few months ago now I brought BTC on my own.
Post
Topic
Board Trading Discussion
Re: Any bitcoin exchanges for UK transfers?
by
Abdul amir
on 04/09/2019, 08:25:07 UTC
There are so many exchanges yoy can try for bitcoin exchanges like binance ,kucoin, hitbtc, CoinSwitch, Idex etc.You can exchange btc at good conversion rates.
Post
Topic
Board Trading Discussion
Re: Buy bitcoin with credit card
by
Abdul amir
on 25/07/2019, 10:59:23 UTC
hi,
is someone accept credit card as payment option for trading, I will like to buy bitcoin


You can try CoinSwitch.co for buy bitcoin with credit card. They charge too less in comparison to other exchanges also you can buy instantly there.
Post
Topic
Board Bitcoin Discussion
Re: bitcoin\ethereum problem .. Towards A Scalable protocol -- MIT EXPERTS
by
Abdul amir
on 25/07/2019, 10:50:46 UTC
Like BTC even ETH is also Public Permissionless blockchain technology and Ethereum supports Smart contract and implements Turing completeness.

Few lines from Whitepaper
Quote
Lack of Turing-completeness - that is to say, while there is a large subset of computation that the Bitcoin scripting language supports, it does not nearly support everything. The main category that is missing is loops. This is done to avoid infinite loops during transaction verification; theoretically it is a surmountable obstacle for script programmers, since any loop can be simulated by simply repeating the underlying code many times with an if statement, but it does lead to scripts that are very space-inefficient. For example, implementing an alternative elliptic curve signature algorithm would likely require 256 repeated multiplication rounds all individually included in the code.

Value-blindness - there is no way for a UTXO script to provide fine-grained control over the amount that can be withdrawn. For example, one powerful use case of an oracle contract would be a hedging contract, where A and B put in $1000 worth of BTC and after 30 days the script sends $1000 worth of BTC to A and the rest to B. This would require an oracle to determine the value of 1 BTC in USD, but even then it is a massive improvement in terms of trust and infrastructure requirement over the fully centralized solutions that are available now. However, because UTXO are all-or-nothing, the only way to achieve this is through the very inefficient hack of having many UTXO of varying denominations (eg. one UTXO of 2k for every k up to 30) and having O pick which UTXO to send to A and which to B.

Lack of state - UTXO can either be spent or unspent; there is no opportunity for multi-stage contracts or scripts which keep any other internal state beyond that. This makes it hard to make multi-stage options contracts, decentralized exchange offers or two-stage cryptographic commitment protocols (necessary for secure computational bounties). It also means that UTXO can only be used to build simple, one-off contracts and not more complex "stateful" contracts such as decentralized organizations, and makes meta-protocols difficult to implement. Binary state combined with value-blindness also mean that another important application, withdrawal limits, is impossible.

Blockchain-blindness - UTXO are blind to blockchain data such as the nonce, the timestamp and previous block hash. This severely limits applications in gambling, and several other categories, by depriving the scripting language of a potentially valuable source of randomness.

I think converting from BTC to ETH can save some power issue and the above mentioned things as well.
Post
Topic
Board Bitcoin Discussion
Re: BTC vs USD - Which one is better?
by
Abdul amir
on 25/07/2019, 10:34:15 UTC
I would stand by BTC as it is deflationary and also decentralized