Hello all,
I hear of some rumors that Facebook is going to accept BTC in the near future Am i late with this news, or just misunderstand ?

BR,

Gondel

Since the launch of bitcoin, there are many people trying to make a profit through scams. And most of the affected of the scams are the newbies.
So how do we identify if a project of a website is doing a scam? Although this is a very broad topic but i will be only discussing the most famous style of scamming.

The HYIP

Most of us are familiar of this type of program, HYIP is a type of ponzi scheme. HYIP means High-yield Investment program. This is where we see attracting posts like big return of investment for only 10days, double your coin for a week, and many more. Although you will really receive a payment from them BUT you didn't know where that payment came from.

So this is how it works, the first to invest in a HYIP programs are the one who get big shares, and the last to invest are the one who lost shares. It's because they are paying their old investors from the money of the new investors, and once they get enough funds from this program. They instantly vanish like a bubble. That is why most of the HYIP site have almost the same design and concept for it might be the same team doing the same scam again. So be careful where you invest.

If you have more ideas to add in this topic, feel free to share and i will add it in this thread.
Every investment has its risks, sometimes we need to risk in order to gain but also trying to minimize the risk is better.
Be safe and double check when you invest and as usual advice, invest what you can afford to lose.


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Here are some of my threads that might be also helpful to you
Bitcoin Tips
Bitcoin Starter pack:       https://bitcointalk.org/index.php?topic=2861680
The 10 Commandments: https://bitcointalk.org/index.php?topic=2856970.0
Bullish & Bearish Flag:   https://bitcointalk.org/index.php?topic=2843383
Factors that affect bitcoin price: https://bitcointalk.org/index.php?topic=2867326

Hello, folks! Do you ever pay attention how cool and large can be your profits if you invest not into the top-10 alts, but to the smaller, less known altcoins? Status, Peercoin and Stellar Lumens jumped so high! And Cardano showed everybody its real force!

According to what I read and comprehend on the white paper this project is targeting the wellness of the environment rather than gaining profits for it ?