P.S.: the project is being drowned by competitors, don't trust anyone, check the information yourself
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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?
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?
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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BoardBitcoin 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
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Re: BTC ATM's installation and business model, any advice?
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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Re: Is it wrong to monetize a bitcoin/cryptocurrency seminar/meeting?
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
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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.
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
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.
Do not you think that the owner of the pet store will spend too much time on the implementation of your proposal?
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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.
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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
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Re: Can Bitcoin save U.S. from its rising national debt?
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.
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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Re: What do you think are the hot topics of crypto in 2019?
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
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
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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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
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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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
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Re: Why would one pay $7K for Bitcoin if he can get the same thing for $0.001?
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