I figured WhyFuture should be in Flux since they're only open for applications for 48 hours every week and then closes it again after.

Giving your money to another person even if you trust them can be a bad decision. They might be bad at money or forget that it's not their and so they spent it. You might even forget that you had money to them. You can even start lying to them and say that you need money for this and that but then you're just going to gamble.

If your friend forgets the password and there's a good amount of money in that bitcoin wallet, you might even end up fighting each other and put an end to your friendship.

The only initial investment that you should have is knowledge. No one would accept someone in a signature campaign if he's a total newbie and only asks question around. I don't think a question can be considered a constructive post unless it's rhetorical.

Signature campaign earnings actually is a good amount only if you have a high rank and you live in a third world country. First world country people would choose to find a different way to earn money instead of posting here because signature campaign doesn't pay that much for them.

Those pre-mined altcoins only compete against each other. All of them promise to beat the hell out of bitcoin but no one seem to actually do anything near it. I guess it's just one of their marketing strategies. Assuming that all the stores accept crypto-currencies, I would only choose to use bitcoins. All of the other altcoins have a dev that can run away and ruin the whole thing, making you lose money. Bitcoin doesn't have someone like that.

You haven't heard of bitcoin before yet you already know what "ponzi" is? Funny.

There was a reason. People hyped up bitcoin and so they bought more and more coins. But then they realized the actual value of bitcoins and so the price of bitcoin decreased a lot. Every single movement in the bitcoin price is because people are buying/selling coins.

It's only amazing in the eyes of a newbie. He doesn't know what he's doing and he doesn't know how little he actually is earning. He might be thinking that a faucet site is really cool because it pays 1500 satoshi per click which is much higher than the average ones that pay you 1000 satoshi per click. I bet after doing it for a while and then excitedly checking how much you've already earned in fiat, you were seriously disappointed.

But then again if somebody would want to track you, he can simply ask for the permission of the local exchange site that you're using for your info. It either was your bank account or someone related to you's bank account when you cashed out some of your money. That alone can link you to your bitcoin wallet. You're much easier to trace than you think you are when you're using a local exchanger site. Most of these sites also require you to verify your personal information first before you can cash out your bitcoins into fiat.

The banking system is one of the largest investments that the government has and it's opponent is the bitcoin system. If the banks start accepting bitcoin, then that means the government has accepted their defeat. That means they surrender their centralized money and choose to have a decentralized one. I doubt this would happen because the government wouldn't be able to collect tax if all of us would do online transactions. But I guess there's a way for them to do so, I just don't know what it is.

It's all about saving your money.

Use the formula: Disposable income - Saving = Consumption. You don't need to buy a decent house. If you can't afford to buy one, then most probably you won't be able to afford the maintenance of the house as well. Don't just depend on one source of income. For sure you don't have work during the weekends, I recommend that you look for part time jobs during those day. Maximize your time and spend most of your time reading things about ways to make money.

Even if we're all already dead at the year 2100, wouldn't you guys reproduce before you die? Of course you would. Looking for a long term investment like this would benefit even your grandson or maybe even your grandson's son. You can always pass on your bitcoin to your son and he'll be really happy to be rich by then.

Don't just think of yourself but also think of your future family that would definitely live long enough to reach the 22nd century. Maybe you're not the one who's going to enjoy all these money but your kids will definitely be forever thankful to you for investing money for their future.

Well if you code an app that only displays "Hello world", then there's 99% chance that there's no bugs or glitch in it. I think the larger and the more uses an app has, the more it's likely to have a hidden bug or glitch.

Satoshi, regardless if he's a name of a team or just one person, didn't write all of these codes overnight. He needed a lot of time to make all of these. To open up a new world, to implement his own concept. It's even possible that Satoshi have thought of this decentralized network when he was still young and then studied to master programming to realize his idea.

The reason why is that is because there isn't any. I bet all those people that you've seen posted something similar when asked would just disappear and don't reply at all. I guess people have been posting that idea a lot that other people (it's-on-the-internet-so-it's-a-fact type of people) have thought it's true without even thinking that bitcoin was created so that we will have a decentralized banking system and government banks are a centralized thing.

You don't need to do illegal activities to earn 2BTC in a week. You just need to invest a huge amount of money and build something.

I also agree that finding a job even in real life wouldn't pay you 2BTC in a week. But that's the case only if you just have one day job and nothing else. If you really want to earn this big of a money, then you would need to have multiple sources of income. The only people that gets paid for this much are those people that are really excellent in their field. As an average worker, you need to have a day job, a night job, some sidelines, work for the weekend, investments, and do a lot of other things for other people to get 2BTC in a week.

I'm not sure if this was supposed to be read in a sarcastic way because all of these are false.

1. Even though we're interacting here from different countries, it's not the 'countries' that accepts it. If you say that it's accepted in a certain country, then that means their government has announced that it's a legal currency. It's the 'individual' that accepts it, not the whole country. I think you meant to say "People from different countries have started accepting it."

2. I've never heard one. Can you mention one? The idea of bitcoin and bank just contradicts each other on so many degrees that you can't mix them up.

3. Here's the thing. People have been talking about bitcoins not being accepted in almost every establishment. It has been considered as one of the biggest disadvantage of bitcoins. Even today, establishments are still not accepting it. I don't know where did you get that information.

Is it really necessary to use bitcoins to buy those small things that you need everyday (i.e. coffee, fruits, foods)? You still have some fiat in you to buy all of these relatively cheap things. All of the other expensive things can be bought online using bitcoins. If you do know friends that are interested in making money online, then you should definitely recommend doing bitcoins. Teach them for a while and if they needed bitcoins, then they can buy from you. You sell your coins, they get coins to invest somewhere.

It's a win-win situation but you would have to exert a lot of effort to do so. Otherwise, you can always wait for you to reach legal age and then get the required papers right away.

All of this can be faked.

Layout - People have been selling good looking website design for hyip sites nowadays. Well, people will make money out of anything, so why not create a template for a hyip site and then look for a scammer to buy one from you.

Reviews - It's easy to create an account somewhere and then give good feedback regarding your website.

Weird payment methods - Weird in what way? I've only seen hyip sites using paypal, bitcoins, perfectmoney, and all the other popular payment sites.

No details about the company/address - Why would you even put your address on the internet? Hyip sites usually just invent some address, just to make their site more legit. And maybe include some photos (even if they were just downloaded from google) just to add some details to attract investors.

Bitcoin isn't actually "globally accepted". If you go to another country (or even in your country) and try to pay them bitcoins, they most probably wouldn't accept it. There's very few establishments that accept bitcoins. It's not globally accepted because not everyone's accepting it all over the world. I think the more accurate term is that "accessible globally" but not globally accepted. The only way bitcoin would truly be globally accepted is when the mass adoption takes over and the new trend in business is to accept bitcoins.

Legitimate in what manner? Last time I checked bitcoin is still claimed as an unregulated currency by the government. There's no papers or anything issued for the bitcoin network. Even altcoins are like this. The only difference is the fact that there's a "dev" or an owner of an altcoin whose lack of updates will lead for the drastic decrease in the price of the coin.

Actually, altcoin helped bitcoins grow and bitcoins help altcoin grow. There are some here who wouldn't be here if they didn't read an ICO post somewhere.

I think most people have already accepted that for a fact. Even if we start having mass adoption, the government will still try their best to be in control. We don't know what they will do but they surely would take action (i.e. creating their own cryptocurrency, banning bitcoins). But it's still possible that the mass adoption would be so strong that the government would just give up and just accept the fact that people likes to use bitcoins and want to have a cashless world. Growth might be exponential but I doubt the people that are in this forum right now will live long enough to witness a cashless world.

Somehow, I think that this is actually a positive attribute of bitcoins. It kind of serves as a filter. The people that believe everything about the media says and don't do any effort to do their own research would act as childish as when they get in the bitcoin world. I know that we all deserve to be here but their acts would cause stress to the people around him.

Anyways, that's just how it is. The report of the media is a fact ever since. They're not lying about anything. Bitcoin really is being used in illegal transactions and in the dark net.

Any account online can be hacked. Your paypal, perfectmoney, skrillex, and all other online payment service can be hacked. I think that it's even easier to hack those because blockchain wallet (or any other wallet site) supports email 2FA and/or phone 2FA which decreases the chance of the hacker to get inside your account a lot.


This is true even for your paypal, perfectmoney, and skrill funds.