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Showing 20 of 20 results by sahirnaveed
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Topic
Board Mining (Altcoins)
Re:
by
sahirnaveed
on 22/10/2020, 08:17:02 UTC
New project for miners, absolute free, this project development "ETHlargement" - EthereumPill release
Support Algo: Ethash/KawPow/ProgPow

More info: https://github.com/ProjectPill/EthereumPill/releases/tag/1.1.0

Hashrate:
1080ti - 58 mh/s
2060 - 59 mh/s
2070 - 60-62 mh/s
2080 - 63-67 mh/s
2080ti - 68-71 mh/s
3070 - 76-78 mh/s
3080 - 97-99 mh/s
3090 - 115-127 mh/s

P.S.: the project is being drowned by competitors, don't trust anyone, check the information yourself
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Topic
Board Service Announcements
Re: OWNR wallet. Buy, exchange and store crypto. Licensed service.
by
sahirnaveed
on 19/02/2020, 09:27:09 UTC
I have several questions. 1. Does OWNR have a Road map of future updates and developments of new features? 2. Will new altcoins be added for purchase with a credit card to Bitfinex users?
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Topic
Board Bitcoin Discussion
Re: Bitcoin can save some people's lives :->
by
sahirnaveed
on 19/02/2020, 09:18:22 UTC
I don't even think that way, it's also true that excess transactions using bitcoin we don't need physical contact. So it can prevent
transmission of disease, this is indeed a plausible reason why we should use it immediately bitcoin as payment. Hopefully those
who refuse bitcoin can realize this and be open minded. And in the end bitcoin can become a global currency.

I do not think that this will change anything. Yes, using bitcoin and crypto people can refuse fiat money and physical interaction with each other, but the virus is transmitted not only by money but it can also be transmitted by direct physical contact. You can't make everything virtual, isn`t it?
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Topic
Board Bitcoin Discussion
Re: Craig Wright: A Very Wrong Person
by
sahirnaveed
on 19/02/2020, 09:11:35 UTC
The man is delusional. The things he put on his website are laughable: https://craigwright.net/



Creator of Bitcoin – Satoshi Nakamoto.
Eternal student & researcher. nChain Chief Scientist. Lawyer, banker, economist, pastor, coder, investor, mathematician, stats & world curious.
My opinions are my own.



Do you think it might be worth starting a fundraising round with a view to take him to Court to prove he is Satoshi or he should withdraw that statement Creator of Bitcoin – Satoshi Nakamoto as stated on his website?

Or do you think we should all just let him be so he can live in his own fantasy world and be happy/deluded at the same time?

Craig Wright is just trying to make some easy money while acting like a clown.He is just like John McAfee,but the only difference is that Craig Wright wants to patent and own Bitcoin/blockchain concept so all the Miners and devs could pay him royalties.He can't prove his claims about being the real Satoshi,but he will continue to bitch and moan about it.We are way to focused over Faketoshi Wright.It's way better to just ignore clowns like him.

He attracts a lot of media attention, thereby influencing people. Many newcomers believe him, Craig Wright plays really good, he is the best actor in its role. I agree that this person should be ignored since he is only a clown in the circus, he spoils crypto market
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Topic
Board Bitcoin Discussion
Re: CHINA NEED PRAYERS AND NOT BITCOIN
by
sahirnaveed
on 16/02/2020, 13:22:04 UTC
Now Bitcoin and Fiat donation are powerless since China has enough money to fight the coronavirus. The country needs time to develop vaccines
Post
Topic
Board Bitcoin Discussion
Re: BTC ATM's installation and business model, any advice?
by
sahirnaveed
on 16/02/2020, 12:44:04 UTC
I am UK based and looking to setup a BTC ATM, initially just one or maybe two locations, I'd rather not lease or take on a franchise, but run a machine myself. Has anyone any experience in this?, where's a good place to buy the actual machines? - I've seen a range of prices from US to China, how is easy is the software setup? I know the turnover question is difficult to answer but selling small amounts of SATs, can one location sell up to 1 btc per day?, any other things I should be aware of? BTW am pretty much clued on local laws in the UK.
Thanks in advance

I do not know anything about installing and providing a Bitcoin ATM, but judging by my observations, people do not very often buy or sell satoshi through such devices (at least in my city). However, I am sure that the amount that you will get for the commission fees should satisfy you (but this amount is likely to be less than 1 Bitcoin per day)
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Topic
Board Bitcoin Discussion
Re: Is it wrong to monetize a bitcoin/cryptocurrency seminar/meeting?
by
sahirnaveed
on 30/01/2020, 16:24:42 UTC
Well, I don't see it wrong if you want to monetize bitcoin as an exchange for your services. I believe it exist for it to be used as an exchange as an alternative. As long as you follow guidelines provided by your country regarding fares, taxes, and other services I think there's nothing wrong with that.

I fully support this opinion. This is your work, you are not a volunteer. You make seminars and trainings so in my opinion providing of monetization is right, but do not be greedy, make the price acceptable
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is Set to Become the Next Global Reserve Currency
by
sahirnaveed
on 30/01/2020, 16:11:59 UTC
Bitcoin will not become a global world currency for just one simple reason - it is a decentralized currency, it is not profitable for any country since it cannot be managed and manipulated in contrast to the US Dollar.
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Topic
Board Bitcoin Discussion
Re: Let's talk about bitcoin's image
by
sahirnaveed
on 26/01/2020, 16:32:38 UTC
The image of bitcoin held by some media and government as a tool to fund terrorism and boost money laundering is not a valid reasoning. Bitcoin is a tool and if it were not bitcoin, it would have been something else. And about it's other image as a sure shot way to profit, I personally believe bitcoin is inflated much more than it's price and is still a large bubble. Though that hasn't stopped me from buying more cause I know the profit are more lucrative in comparison to the risk involved.

People themselves made Bitcoin a speculative asset, a bubble, which price is artificial overvaluation. However, this is the market, it cannot be rejected, just like the volatility of the coin
Post
Topic
Board Bitcoin Discussion
Re: Pet shop want to become a bitcoin exchange?
by
sahirnaveed
on 26/01/2020, 16:25:07 UTC
Since you have got a pet shop, I guess it's better if you start accepting bitcoin through Lightning Network; best for micro payments. You will get-
- Instant Confirmation (You are unlikely to wait for confirmation.)
- Low Fee (Your customers are unlikely to pay higher fee for a small transaction.)

Lightning Network can be the best solution for shop you referred.

If you need to learn more- A Beginner's guideline to Bitcoin Lightning Network
More interested; try Lightning Network with testnet BTC- [Tutorial] How to create Lightning Network Channel (Testnet BTC)
If you have got some questions to ask, don't hesitate. Go to the thread I referred & share your query; will gladly assist as much as we can.

Do not you think that the owner of the pet store will spend too much time on the implementation of your proposal?
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Market Is Manipulated
by
sahirnaveed
on 03/01/2020, 22:55:34 UTC
In fact, the BTC manipulations come about as the whales constantly dump the price in the short-term. This is noticeable in the market volatility, because often BTC fall occurs for no apparent reason.
Post
Topic
Board Bitcoin Discussion
Re: Craig Wright claims , today will be the last day for Bitcoins.
by
sahirnaveed
on 03/01/2020, 22:40:48 UTC
I noticed a tendency that some samites and forums specially invite this clown to raise the popularity of their event. It seems to me that now Craig Wright acts as a cheap stand-up comedian and not Bitcoin creator lol
Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin save U.S. from its rising national debt?
by
sahirnaveed
on 31/12/2019, 12:43:33 UTC
The U.S. economy grew by 2.1 percent in the Q3 2019 as compared to an expected rate of 1.9 percent. But, behind the growth is a problem that no one is talking about: rising national debt. Could Bitcoin pose as a solution?

As cryptocurrency researcher The Moon (@themooncarl) revealed on Twitter, the American economy might look strong, but its debts have continued to rise. Data from the U.S. National Debt Clock shows that the national debt currently stands at a staggering $23.116 trillion. The Trump administration was overly fixated on growing the American economy and claiming bragging rights. They obviously had no qualms driving the country into more debt to achieve that goal.


Read the full news here

A ticking time bomb? Sounds to me that I can agree with that statement!

Of course, US president Donald Trump is rejoicing that the stocks is at its all-time high. But he forgot one thing.

Their national debt continues to rise, and I highly no doubt that it gets even worse in the next few years or so.

Now I have a question to all of you here. Do you honestly think that only Bitcoin can fix this “ticking time bomb” in the United States?

I would like to hear out your reactions or opinion about this one guys. Happy Sunday everyone!

$ 23.116 trillion is a myriad of money. I think that Bitcoin is not able to help the US in any way. This is a problem for countries that print money, at one point they forget what it can lead to.
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Topic
Board Bitcoin Discussion
Re: What do you think are the hot topics of crypto in 2019?
by
sahirnaveed
on 31/12/2019, 12:32:49 UTC
I may not list in order of hotness and how it drove the space but I think I noticed this events
1. Bakkt
2. Libra coin
3. Craig wright as satoshi
4. Hack on exchanges like binance
5. Ethereum hardfork


Bakkt made a lot of rustles in 2019, there were incredibly many hopes for this event, but something went wrong. In any case it was hot
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Topic
Board Bitcoin Discussion
Re: Time for YouTube to vanish ...
by
sahirnaveed
on 27/12/2019, 00:16:03 UTC
YouTube cannot vanish like that but really need a tough competitor. That is what made the decentralized economy wonderful, no central control and you cannot be shutdown by anybody

Vanishing YouTube is equivalent to closing Apple. Such giants will live forever, only global things like a war or something like that can affect them
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Topic
Board Bitcoin Discussion
Re: Bitcoin Scalability
by
sahirnaveed
on 19/12/2019, 19:08:45 UTC
Hello guys,

I have just one  question. I am collecting some information about Bitcoin Scalability for my school work. Can please someboy write me all methods which are considered as Bitcoin scalability solutions ? when I try to google it everything what I found is:
- Hard Fork - change block size
- Lightning Network
- Sharding

Is there any other methods which might solve the bitcoin scalability problem ?

Thank you.  

May I ask you what subject do you do such a school work? Unfortunately, in my country, no one talking about such questions at school like Bitcoin and its network, as well as the scalability of its network. It was a surprise to me to learn that such issues are discussing by teachers and students at school.
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Topic
Board Beginners & Help
Re: help for a beginner
by
sahirnaveed
on 11/12/2019, 20:09:55 UTC
Thanks for help! You explained everything very clearly! I think I understood everything that i needed if something goes wrong i comes back with new questions
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Topic
Board Beginners & Help
Merits 2 from 1 user
help for a beginner
by
sahirnaveed
on 08/12/2019, 22:18:44 UTC
⭐ Merited by DdmrDdmr (2)
I want to install Bitcoin Core on my computer. Please tell me what I need to know about security, what needs to be done so that no malicious programs spoil my pc and my Bitcoins are not stolen
Thanks in advance!
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Topic
Board Bitcoin Discussion
Re: Do you think that governments might one day ban Cryptos?
by
sahirnaveed
on 03/12/2019, 14:30:53 UTC
To ban cryptos for me is like to kill the dead, drink the ocean, put out the sun. I think it will never happen
Post
Topic
Board Bitcoin Discussion
Re: Why would one pay $7K for Bitcoin if he can get the same thing for $0.001?
by
sahirnaveed
on 25/11/2019, 21:52:56 UTC
Imagine an electronic producer that pays $10,000 for 1 gram of gold, while in the same time a metal with better electrical properties costs less then a cent.

Imagine a buyer who gives his 5,000 square foot luxury mansion for 10,000 units of fiat money that bank created with only Kia Pride vehicle as a collateral.

Imagine an investor that pays $1,000 for a stock with a book value of $1 and earnings of $0.01, while in the same time he can buy a stock with a book value of $2,000 and earnings of $500 for the same amount of money.

Imagine a guy that pays $1,000 for the Cheeseburger while in the same time he can get the Big Mac for only $1.

The above scenarios would be crazy because no one would trade his thing for something that has thousands or millions time less utility. Nor would someone pay a thousand or a million times more money for the same or even worse thing. That is why the above scenarios are not possible in reality.

But... in the crypto world, they are possible. Take for example bitcoin. People are paying thousands or even million times more for bitcoin than for some altcoins, even though these coins have the same or better utility than bitcoin. Meaning, the same as bitcoin these coins can be transferred easily, fastly, cheaply, safely and transparently to someone. Such coins can be bought for as low as $0.001. Why people in the crypto world pay millions time more for the same thing? Why they behave so irrationally?


The answer is simple, people overpay for their safety. Confidence in Bitcoin has value, unlike altcoins