(If you have an idea already what is bitcoin, you can simply scroll down and proceed on How To Earn Bitcoins)Source: http://freebitco.inBitcoin is an innovative payment network and a new kind of money.Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
Bitcoin in Layman’s Term:
Source: http://profit.ndtv.com/news/your-money/article-bitcoin-explained-in-laymans-terms-376029
First of all, there is a difference between the terms ‘Bitcoin’ and ‘bitcoin’. Bitcoin, where the “b” is capitalised, refers to the entire system itself. It’s like learning a language e.g., “I learned Spanish today.” On the other hand, bitcoins, where the “b” is not capitalised, refers to the actual currency itself. You could say “I spent 10 bitcoins to purchase this item.”
Bitcoins is a form of virtual currency- meaning, if you have bitcoins (we will get to how you obtain bitcoins later), you do not physically purchase goods by handing notes or tokens to the seller. Bitcoins are used for electronic purchases and transfers. You can use bitcoins to pay friends, merchants, etc. Every single purchase is immediately logged digitally (on computers) on a transaction log that tracks the time of purchase and who owns how many bitcoins. Think of this transaction log as an audit trail: it contains every single piece of information of every bitcoin transaction. This digital transaction log is called ‘blockchain’.
The blockchain records every single transaction – of present and past – and the ownership of every single bitcoin in circulation. The people who are constantly verifying the blockchain, ensuring that all the information is correct and updating it each time a transaction is made, are called ‘miners’. One way to think of miners is: they those who confirm transactions. Their job is to ensure that the transaction is secure and processed properly and safely. In return for their services, miners are paid fees by the vendors/merchants of each transaction and are also given physical, minted bitcoins.
Bitcoins are growing in popularity, and although they were largely used by speculators who were looking at it as a way to make money by buying bitcoins at lower prices and selling them at higher prices (much like trading foreign exchange or forex), there is a growing trend of businesses accepting Bitcoin as a form of payment. Many big companies like WordPress, Overstock.com, and Reddit accept Bitcoin, and a growing numbers of brick and mortar stores are starting to accept them internationally as well. More than $1.5 billion worth of bitcoins are currently in circulation around the world, with millions of transactions occurring daily. Needless to say, the popularity and usage of Bitcoin is picking up very quickly as more and more businesses and individuals are becoming aware of its benefits and advantages over traditional currencies.
How To Earn BitcoinsNow that you have an idea what is bitcoin, let’s go to the exciting part… how to earn bitcoins. Some experts says bitcoin’s value will continue to spike for the next months and may reach up to $10,000 per bitcoin. Mind blowing right? So take advantage of it.. let’s start.
First things first, you need to create your bitcoin account or bitcoin address. Create HERE.
- Click SKIP AD on the upper right page.
- When already redirected to coinbase, click Sign Up
- Enter your email address
- Input desired password
- Click Create an Account
- Verify your email address
- Login to coinbase
- Go to Account Settings
- Click Bitcoin Addresses
- Click Create New Address to create your bitcoin account or bitcoin address. It looks like this>>1BgyiJTg2XT3NwhzozkkQJEKxLMznCpYXr
Now let’s start earning bitcoins from the following awesome sites!
*PTC (Paid-to-Click) Sites*
- Click btcclicks banner above
- Click SKIP AD on the upper right page
- Click Sign Up
- Verify your email address
- Login to Btcclicks
- Click Surf Ads and start earning bitcoins (mBTC)
Minimum Withdrawal Amount: 0.1mBTC (manual)
Processing Time: Within 24hrs
- Click coinad banner above
- Click SKIP AD on the upper right page
- Click Create Account
- Fill up the form and hit Sign Up
- Login
- Click View Ads to start earning bitcoins
Minimum Withdrawal Amount: 0.15mBTC (manual)
Processing Time: 1 week as stated on their site but i got my payout only within 24hrs. Awesome!
- Click bitcoinclix banner above
- Click SKIP AD on the upper right page.
- Click Register
- Input desired username and password
- Click Personal Details and input your name and email
- Click Confirm Registration and check if “kaperahan” is your Referrer then type “agree” without the apostrophe.
- Click Register
- Activate your account. See your Activation ID sent by bitcoinclix to your email.
- Login to BitCoinClix
- Start Viewing Ads to earn bitcoins
- Click Surf Ads and start earning bitcoins (mBTC)
Minimum Withdrawal Amount: 0.01BTC (manual)
Processing Time: Within 24hours
- Click bittoclick banner above
- Click SKIP AD on the upper right page.
- Click Register
- Fill up the form and hit Register
- Login to your bittoclick account
- Hit Clicks button to start viewing ads and start earning bitcoins
Minimum Withdrawal Amount: $1.5 (manual)
(Your balance is stored in USD but you will be paid in bitcoin at current market value of Bitcoin to USD at time of payment being sent)
Processing Time: Within 24hours
*Faucet Sites*
- Click bitvisitor banner above
- Click SKIP AD on the upper right page.
- Input your bitcoin address (no need to register)
- You will be redirected to bitvisitor’s instruction page, you may required to answer and equation or simply type a captcha.
- Click Visit to earn bitcoins (uBTC)
- Click Next if you want to earn more then type captcha again until you view all available ads
Minimum Withdrawal Amount: 100uBTC (auto)
Processing Time: Within 24hrs
- Click freebitcoin banner above
- Click SKIP AD on the upper right page
- Under NEW USER, input your bitcoin address
- Input desired password
- Input email address
- Click Sign Up
- You will be automatically redirected to freebitco.in site
- Type captcha
- Click ROLL and win bitcoins
- You can claim free bitcoin every hour
Minimum Withdrawal Amount: 0.00005460BTC (auto)
Processing Time: Within 24hours every Monday
- Click earnfreebitcoins banner above
- Click SKIP AD on the upper right page
- Input your bitcoin address (no need to register)
- Click Start Earning
- You will be redirected to a page where you need to type a captcha or solve a simple game
- Click View Next Site
- Click thumbs up if you like the site being advertised and hit NEXT if you want to earn more until you view all available ads
Minimum Withdrawal Amount: 0.00005500 BTC (auto)
Processing Time: Within 24hours
- Click freebitoinz banner above
- Click SKIP AD on the upper right page
- Input your bitcoin address to the WALLET ID filled (no need to register)
- Click Submit and earn bitcoin
- Go back after 24hours
Minimum Withdrawal Amount: 0.001 BTC (auto)
Processing Time: Within 24hrs
Downside: Paying but site is too slow
*Profit Sharing Site*
- Click surfscientist banner above
- Click SKIP AD on the upper right page.
- Click Join
- Fill up the form and please see to it that “kaperahan dot biz” is your sponsor to gain full assistance from me
(do not use yahoo email)
- Click Submit Application
- Check your email for the activation link – hit it to activate your account.
- Lastly, you need to upgrade to Darwin’s membership level by paying 1$ worth of bitcoin or pay thru paypal
- Surf at least 25 ads to earn credits and qualify earning bitcoins through its profit sharing model
Minimum Withdrawal Amount: 0.000009 BTC (auto)
Processing Time: Within 24hrs weekly (usually during Sunday)
Lots of PTCs and Faucets are scattered out there. If you want to join those sites not listed here, be sure to to double check if they are paying or not to avoid wasting your time and effort clicking for nothing. All sites posted here are reputable based on my review and since they are paying me constantly but I cannot guarantee if they will stay and pay forever. So always take precautions. Do not be a blame gamer if someday they will stop paying… just enjoy clicking for free coins… it’s free anyway (except for surfscientist).
Happy earning!
makemoneyonline26dotme 