Friday, May 23, 2014

Easy Way to Earn Bitcoin


Easiest,  Fastest, Simplest , Affordable  Way to Earn Bitcoins 


There are a lot of ways to get or earn from bitcoins but the basic question is how easy is it, how fast, how simple and how affordable is it? The basic with all the methods is just buy bitcoins and stock it or wait for a more higher exchange for the bitcoin to dollar or other currencies then you will surely earn. Invest your bitcoin in some investment sites.

There were early adopters who became millionaires and had bought a lot of bitcoins but do you have that amount of money that they have. If you can afford then do it. But if not here's what is do able if you want to earn more from bitcoins. If dont want to earn, just use bitcoin for your needs of services and products.

For those who have just enough and who believes with the bitcoin system and who hopes to earn from bitcoin, then join me with the Easiest, Quickway and Affordable way to get and earn bitcoins.


https://blockchain.info/wallet/login
 You need a bitcoin wallet to store your bitcoins , do not store your bitcoins with exchanges or traders.  The recommended site for your  purse is Blockchain . If you want to have a wallet on your computer use Multibit .  You want other information about wallet visit  "What is bitcoin for me and its future ".

Visit  Sites that gives Free Bitcoins , just  enter your bitcoin wallet address and captcha , play game or follow the instructions or offers from the sites. There are no money involve with this sites,  they  gave you  "FREE BITCOINS ' and you can store it on your  blockchain or other wallet.  If you had enough  bitcoins you can exchange it to  other currencies or use it to purchase goods and services.

https://www.landofbitcoin.com/?r=3ksNyi94ppg1vnMs


  LAND OF BITCOIN ;   It is a micro wallet site that comprise of faucets sites that gives free bitcoins.  Bitcoins range from 10 - 1000 satoshis ( satoshi is 0.000000001) bitcoin.  The number of free bitcoin sites are about  111 faucets and growing with about  7698  satoshis.  In my experience i earn about  0.00005825 or more bitcoins a day . The way to earn more is to refer others to the LAND OF BITCOIN.  There is an automatic feature and manual surfing of getting bitcoins. https://www.landofbitcoin.com/?r=3ksNyi94ppg1vnMs


Bitcoins every 30 minutes (The list below are a registered with coinbox.me microwallet which have a minimum amount to reached before paying blockchain )




http://www.bitcats.net                       http://www.thebitcoin.me               http://www.srbitcoin.com





http://freebitco.in/?r=3107                    
http://freebitco.in/?r=3107&tag=source1


Bitcoins every hour (60)  minutes 



Bitcoins to generate daily 

http://www.getbitcoinsquick.com                                     http://www.earn-free-bitcoins.com  

http://www.bitcrate.net                                                      http://www.nioctib.net/get-free-bitcoins 

http://btcclicks.com/?r=4cfe0eb3                                    http://www.drawbtc.com 

                                     http://bit.ly/1fi85ar%20


http://bitptc.com/r=1AAVSh9XaZiPFGo5iBfQQN6S3LgVJPELSi               

      





Visiting all the sites above will surely  earn you "bitcoins" the fastest  i will be updating  the sites that will surely increase the bitcoins . I will also include other strategy. 


Tuesday, May 20, 2014

What is bitcoin for me and its future

What is bitcoin for me and its future?

When I met this Bitcoin , I regarded it is just one of many methods in earning online income because it can be generated for free, purchase and used as currency on the internet like money . It is a way to earn extra income for my needs . I was previously seeking different ways on the internet how to earn extra money.  I was active then  in the " coingeneration.com " I used  bitcoin  to purchase  " thread " on this site , the thread was worth $ 50. The bitcoins came from my  mining software eobot.com . So no need for the dollar to pay the coingeneration.com . The problem came when coingeneration.com stop paying the members .There were also plans , promises and lies on this site so much so that many members shy away and had not  been activate.  It is just very sad  that up to now coin generation.com is still on" bitcoin " a great invention that should not be used to scam people.

Because I met the " bitcoin " in eobot.com.  I got that  interest in understanding more deeply about bitcoin . I researched the origin , nature of bitcoin , what is  this system , where and what is its future.  Besides " bitcoin " I also met the emergence of different " coins " or so-called " crypto coins " including bitcoin . I also learned the characteristics of current money and fiat currencies dollar .  It was also a requirement to understand the current money or fiat currencies and which  the " bitcoin " is positioned. 


1.  Background about  "Bitcoin"  Peer to Peer Electronic System ,  or the group Satoshi Nakamoto   ( Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. 

As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.  ( If there's a need you can read this original writings of Satoshi Nakamoto-  Peer to Peer Electronic System, this is where it all began)

2.  What is bitcoin ;  In Satoshi Nakamotos paper there was no mentioned that it will be called bitcoin  but anyway  bit is a basic unit of information in computing and digital communications. The term bit is a portmanteau of  binary digit.  So without being so technical  "bitcoin" as it now popularly known  is a digital currency or a payment system online, which is person to person , re-distributed  with a bit stamped transactions verfiable , open and public.   

With bitcoin system it let's you send money to any part of the world using a computer on any amount without any third party institutions on a lesser cost , fast , secure and easy. Bitcoin system is community run not by a bank or government.  It is still on an experimental stage where it is cap to produce 21 million bitcoins up 2140 , so there is a need to adopt this system to develop and use its potential. 

Mining is a very important part in the bitcoin system . Mining is just doing computational work to secure the transaction block chain. A side effect of mining is creation of new coins and earning additional money by signing on transactions. 

3.  How do we get bitcoins or adopt the bitcoin system? 

  
We usually used the currency that we used in whatever country you are living. But since we want to adopt  the bitcoin system we have to get  the bitcoin or adopt the bitcoin system through the following; 
        Cloud Mining
It may be worth investigating cloud mining options such as provided by CEX.io. This type of market provides a trade platform for buying and trading hashing power in terms of GHS/BTC (Giga hashes per second per bitcoin). There are other mining sites like eobot.com, the lowest cost of mining site i am using. 
   Sites Gives Free Bitcoins 
You just visit the site either you click on the ads,  play the games , gamble or do the task they are offering and then you will be paid with  "bitcoins'  click on this site that i  group               for  bitcoins and  to share to others  "generatebitcoin "
    Local / In Person
You can use tools such as localbitcoins.com to find people near you who will trade cash for bitcoins. (Note, however, that localbitcoins strongly encourages you to use their service despite the fact bitcoin does not require using a 3rd party to do in person transactions)
 Exchanges
You can use an online exchange such as the following for US dollars
(As well as many others for dollars, and other currencies.)
See the wiki for a full list of ways to buy bitcoins.
I believe by far the best way to get bitcoins is to provide goods and services for bitcoin. This stimulates the bitcoin economy which in turn makes the bitcoins you receive more valuable.

Do no forget that you need a bitcoin wallet ;

There are many wallets to choose from and here are our recommendations:
Web Wallets - Web wallets are the easiest & most convenient to use, but are potentially less secure than wallet software run on your own computer.
Software Wallets - Software wallets are downloaded and run from your computer. They're considered more secure because the user has more control and doesn't depend on a 3rd party service. Most software wallets require nearly a full day constructing a local copy of the blockchain before use.
  • BitcoinQT - The original Satoshi wallet from bitcoin.org
  • Armory - (Recommended) Armory is the most mature full featured wallet.
  • Multibit - This is the easiest to use because it doesn't require a full download of the blockchain.
Mobile Phone Wallets - iphone & Android apps are available.
Hardware Wallets - Hardware wallets are the most secure because they don't expose your private keys to the network.
  • Trezor - (not yet available, coming soon)
  • BitSafe - (not yet available, coming soon)

Using your bitcoins helps to push the goal of the 

new system ;

Bitcoins can be used to purchase just about anything you want. Dental services, a brand new car, travel and even luxury real estate.
We recommend searching the merchant directories below to locate the merchants you're interested in. You can buy gift cards with bitcoin and spend them in most of the stores you already use.
Merchant directories
Gift Cards - Available from Gyft.com and spendable at:
Bitcoin Store - Electronics & everything else for Bitcoin
Charity
  • Bitcoin Foundation - The Bitcoin Foundation standardizes, protects and promotes the use of Bitcoin cryptographic money for the benefit of users worldwide.
  • BitGive - BitGive is a non-profit foundation that is accepting donations from the Bitcoin community and providing charitable gifts to environmental and public health causes worldwide.
  • Bitcoin Development Fund - A charity devoted to helping further the development of bitcoin, the open source community and causes of humanity.
What's is store for the new digital currency system; 

If we are for change and we are not satisfied with the present financial system that for years
we had been using.  If by adopting the new bitcoin system had been true to its features then
and it is very useful for us and our family then we adopt this system. But  be ready to face the
challenges ahead because  it is not that easy for those on power and big boys to change. So the future of bitcoin depends on the consumers that will be using it, promoting and if needed defend it. 


Friday, May 16, 2014

Understanding bitcoin in a simple way


I hope this simple presentation would lead you to understand and hopefully adopt this great technological invention that would make great changes and developments for the whole world

                                 

the home
0:07
it
0:13
and Bigpoint is a digital currency
0:16
which aims to do away with all the problems we have paintings online
0:20
I'll you may think the system we have is pretty good
0:24
but everything we buy today has to go through a bank or credit card company
0:28
who take a cut to the transaction and who rely on our trust that they'll do
0:31
everything right
0:33
after a while those payments start to build up
0:36
an addict to security you have to trust your card company to keep your details
0:40
safe
0:41
0 many people try to work out how to have a payment system without that
0:44
middleman
0:45
but then there's another problem how do you prove that you pay for some think
0:51
or even the half that money at all without someone vouching for you
0:55
well it's so serious has a name
0:58
the double spending problem
1:01
I'll then in 2008
1:05
a solution was offered by an anonymous program going by the name
1:09
station at a motel
1:12
Nakamoto left the paper on a popular crypto crippled
1:15
which proposed a system of currency this old all of these fatally problems
1:20
I'll his proposal was that instead of a bank or credit card company recording
1:24
every transaction in one central ledger
1:26
ap all the users with record all of the transactions at the same time
1:31
ok as a result any attempt to fool the community would be noticed and the
1:36
payment projected
1:39
no one user government
1:41
all bank can force a fee on a payment or control it slow
1:46
the result is a cheaper quicker and easier way to spend money
1:50
even across national borders well
1:54
so this is pat Quinn and it's already starting to have an impact on people's
1:57
lives


1:58
I'll with a month to the proposal it was being used to buy and sell goods
2:02
although not always from my scrupulously traders
2:06
I'll he but it's not all shady business is
2:10
I'll some shopping sites take it
2:13
you can buy points in London and even pay for university tuition
2:17
up
2:22
well
2:24
as you might have heard there are problems well summer profiting from
2:28
getting involved early
2:29
others are losing out from this volatile in young market
2:33
and people found in companies to buy out lots a PICC lines
2:36
as it's designed to have unlimited amount ever in circulation
2:40
that might cause problems down the road there's so much uncertainty around
2:45
pickling
2:46
some people genuinely think this is the future I'll
2:49
others are terrified it could destroy our economy but many from both sides
2:55
agree
2:55
that if we could get bit going to work or something like it
3:00
me if we can trust a digital currency
3:04
to work without the middle name the way the world economy functions
3:08
I'll could be transformed for the better up
3:12
me


Start  earning with bitcoin  and  use it  here's a link to GENERATE BITCOIN  adopt BITCOIN..