[1] Not entirely true. The people that bought at 1,100$ years ago are still waiting. They are holding longer than those people that have bought bitcoins around last November/October yet the latter ones have much more profit than them. It's all about timing, it's not about who hold the coin the longest.

You can even surpass other bitcoin holders by playing with the price fluctuations. Those that plainly hold their coins are doomed to wait for a really long time before they can see good profit (it depends on their timing, still).

[1] False. The minimum rank to join a decent signature campaign is Full member and a full member has 120 activities. That's 4 months of being in the bitcoin world. I don't think 4 months would mean that "you just joined the bitcoin world." Any rank that's lower than full member would just be wasting their time on signature campaign because it wouldn't pay that much unless you're lucky enough to stumble upon a high paying signature campaign for lower ranks. But I doubt that.



Sometimes, you just gotta risk it. It's just one week of work, no big deal with that I guess? Some are getting asked a lot for escrow but people are still joining their signature campaign. There's not that much signature campaigns that scammed their participants (I don't know about altcoin campaigns, though).

[1] Saying something bad about something doesn't always mean that you don't have any knowledge about it. Most of the time, it's actually because you know enough about it to say that something's not actually good. Paypal, for example, if you've been using it for a while now and you've been lurking around on forums, you would know that Paypal is being spammed because of their buyer's protection policy. I've read somewhere that simply claiming that you didn't authorize that transaction and/or you were hacked would be a successful way to refund your money.

Bitcoin, on the other hand, is frowned upon by those who don't have a deep knowledge about it because bitcoin is quite hard to understand if you don't put an effort to do so. It's not as intuitive as what they expected. Most people were referred to using bitcoins because they heard that you can make money from it. While that's true, it's not easy to start earning money from bitcoins. So their expectations was not achieved and there's tons of scammers in the bitcoin world. Enough to say that using bitcoin can be pretty bad to those that aren't cautious enough.

It doesn't, it just helps us lower and lower the upper limit[1]. Almost everything doesn't give a reliable conclusion. Even if we use the number of Internet users as the upper limit, it would still be useless since it's pretty obvious that we are much less than that. (I was just trying to point out that the population is not infinite but whatever.)

[1] It can go on like this (the number of population on each is going lesser and lesser):
1. Number of wallets that have been created. ~useless
2. Number of Internet users. ~useless
3. Number of accounts registered on bitcoin related forum. ~useless
4. Number of active accounts on all bitcoin related forum. ~kind of helps

I'd really appreciate if you can think of another way to lessen the upper limit because as it lowers, it makes us get more and more closer to a realistic one.

[1] But not 100% of the time the advantage is on them. For example, they were pumping the market and when they were about to dump, somebody has already dumped a huge amount of bitcoins. The profit was basically stolen from the whale. Pump and dump is not always a success because if it was, then this market should be pumping and dumping a lot. There's still risk to it.

[2] Like I said, why are we not seeing a pump and dump market right now? It's because pump and dump is not always a success even if you've been doing it for a long time already. The market detail is accessible by everyone and anyone can steal the profit from your pump and dump scam.

[1] It is not infinite. Just finding out the number of all the wallets that created gives you the maximum limit. The population might be growing but it's definitely not infinite. Infinite users would mean infinite number of people in the internet.

[2] The price of bitcoin would be a good way to persuade someone because they might be thinking that they can get that much money but in actuality, they wouldn't get 1k usd even after a couple of weeks lurking in the bitcoin world. The only ones that get affected that much by the price of bitcoin are the people that are already using it, which is us.

[1] It might not be instant but it's much better than Western Union or other money remittance services. Back then, to send money overseas, you would have to be present in their store/shop so you can fill up a form, write your signature, hand the money, etc. But with bitcoin, we don't need to do all of these stuffs. Just imagine that 15 minutes of waiting as the same time that you'll spend when you drive to the store and do the necessary stuffs.

[2] The day before you're about to buy something in mall or something, withdraw your money from the local exchanger so it would be in your card the next day.

It's not that hard to keep some fiat with you or in your card since not all of your money is in bitcoin form.

[1] That's how it is a passive income. After posting the video, you only have to wait for people to wait. You don't have to do anything else. If you want to increase your income, you have to post another video. then another, then another and another. It's essentially the same as the passive income that's on your mind. The only difference is that you're putting money into the investment on your said investment types but in Youtube, your input would be videos.

Passive income doesn't always mean investing in a company. And investment doesn't always have to be money.

[1] There is. You can be cheated by someone when they do pump and dump. You can also be scammed by the devs and this is actually occurring more and more often these days. The devs run away or simply leave the project because they only see it as a way to get a good amount of money in short time.

[2] The downside would be you would have to choose to not spend any of these bitcoins for a few years. If you can live without those money, then I guess it would be alright to hold them for a few years. To have some more bitcoins while holding, always keep an eye on the latest news and on the market.

Maybe not "ample" but just enough time if you know how to manage yourself. You're not going to watch the market 24/7. In trading, you simply have to wait for the right time to buy/sell or you can just put a buy/sell order. You're not going to be very busy just because you know how to trade. It's not everyday that the market is moving enough for you to have profits.

If you really want to earn money, you would still have time to post here even if you're trading as well. After all, having multiple source of income is a great way to make bitcoins.

I don't think the right word is to "spend" but invest. There are times when you can start even without investing big amount of money. You can simply participate on signature campaign for altcoins when you want to trade altcoins. You can also get paid with bitcoins and then just deposit them in an exchanger. It's not money that you're going to invest but time and knowledge. It takes time to post and you also need to be knowledgeable about bitcoin and its latest updates.

I think the price would increase and the population would highly increase in 2017. I just read the article about Japan making bitcoin a legal payment method. You would expect that China would do this first since they have the most bitcoins, but it's actually Japan. There should be some consequences on this. There are some claiming that this might actually monopolize bitcoins.

Trust me, a lot of people have had that idea and most of them failed. There might even be some that ended up having gambling problems because they got so hooked to gambling.. Because, you know, "Why not try to invest it in gambling, maybe I hit the jackpot this time." The chance of you winning in gambling in the long run is near to zero since the mechanics of bitcoin itself would get you hooked in gambling, making you bet more and more until everything's gone.

So how come we're not just funding new more buildings and new workers all focused on making new money if we can always just pay them by printing more money? I don't think that's how it works. The government can't just print and print because that would greatly decrease the value of their currency.

There's also other factors to consider like they can't print more money because they can only print as much as the resources available in their country. Maybe even less than that. All of the excess printed money would just go to waste because people have nothing else to spend it on.

Bitcoin used to have no value at all compared to how much it is right now and how much will it be in the future. And there are people that were willing to use it. Those that have the guts to use bitcoins even if it has no value at all (I'm still talking about the starting phase of bitcoin) are all millionaires now. I think the same thing is happening on some altcoins as well. Just take a look at ICN. People dumped it thinking that it has no actual value and the price would just keep on decreasing. It just recently reached 50k sats on liqui this day.

Basically everything has started to have no value at all. But if the price of bitcoin is 1000$ and then it went back to no value at all. Then that's a different case. Every single one of us have already moved to using a different coin.

It's because she is not striving to make money. She might not even have that will or desire to get money. She maybe wanting some money, but won't do any effort to make some.

Our mind would always choose fun over things like working to get money. Faucet sites are extremely boring and the games that you tried to make her play is pretty boring. All of these games are just faucet sites if you look at it.

If I didn't need any money, I wouldn't be here. I would still be that person that does nothing but lurk on 9gag and reddit, or play games all the time. Time will come and your sister would want things like a new phone or a new laptop. Maybe at that time she'll come to you and ask how to make some money.

[1] - Everything that's easy isn't worth doing if you're after the earnings. Everyone can do it, so people only pay small for it.

[2] - You went from doing faucet sites, paying few bills, into making an online store that accepts bitcoin. The website alone would cost a lot. And then you have to do partnerships with the delivery service, Paypal, Bitcoin, etc. That's a lot of things to manage. After you set all of that up, you have to spend tons of money for advertising so you could create audience.

Setting up an online store might look easy because you see other people just making a facebook page for their store and then being able to sell stuffs. Trust me, that doesn't give you that much profit and it would be hard to browse through the stuffs you sell if you use facebook. You need your own website and company.

Paper money or fiat money might not be entirely clean but I haven't seen someone around got sick because he held money. Maybe if someone swallowed a coin, then there would be problems. Like how can the germs even go inside you? Only thing I can think of is through your mouth since your hands are used for eating. But who's unsanitary enough to never wash their hands before eating while being aware that they held different coins from different people?

I don't think that's a factor that would make people prefer having bitcoin instead of cash but it's a slight advantage, I guess.

Basically the same things as other websites where you pay for live shows only if you wanted to. But most of the time, you have to pay a certain amount of coin for the person on the live cam do a certain thing that you want them to do. Or you can simply wait for other people to spend their money since you all share the same show.

I'm actually talking about 'porn' that's filmed and not a live one in my post.

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[1] - I don't think you have to pay to get those at all. The reason why they are in the deep web because you can't post it on common porn sites since it violates their policy (i.e. brutality, etc.) and it's illegal to torture someone. Sad to say but there are people that really enjoy this kind of stuff. Some even go to deep web just to browse child porn. If there's some on the normal net, they would surely just pay for it but that would make them easier to trace.

[2] - I really haven't been on a porn site that's accepting bitcoins or a porn site that advertise that they're finally accepting bitcoins. But I guess it's because I only browse common places.

I moved Qtum to FLUX because what's happening to their campaign is the same thing that's happening on WhyFuture. They are accepting new participants every time the previous round ends. The only difference is that in Qtum, there are people that are getting kicked out every round that's why a spot opens up. I'll put them back to CFNP if they said that they are not accepting any new participants even when they removed some participants.