Bitcoin is a cryptocurrency and a digital payment system invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto. It was released as open-source software in 2009.
First off this site is incredibly slow when browsing through the various tasks to earn bitcoin. It supposedly pays out every day if you have at least 10,000 satoshi earned on the site, which is around a measly $0.05 USD at the time of writing. But I could not confirm this as the only worthwhile tasks where surveys none of which would work. Watching videos only paid out around 3000 satoshi each, and there were only four available regardless.
The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Since the system works without a central repository or single administrator, bitcoin is called the first decentralized digital currency.
Easycoin – New site similar to Bitvisitor and Earnfreebits. I haven’t had a lot of time to test it, so be sure to leave a review. I can see this getting up to top 1 or 2 very soon. I have heard rumors the Chatroom pays you BTC to talk to people. I don’t know for sure.
BitVisitor #1 – Good sites shown with good payouts. You can find a lot of resources through the pages shown. 5:00 minute average time per page. This is the #1 link because of the number of pages you can visit.
There are hundreds of sites around the web that claims they can multiply your Bitcoin, give you super high daily interest on your coins or do all sorts of other “magical” stuff if you just send them your coins. These sites are known as HYIPs (High Yield Investment Programs) from my personal experience they are 100% scam.
To make money: Making a healthy profit from a faucet site on its own is a lot harder than just making a popular faucet, but it is still possible. There are a lot of these sites around today, so it’s a very competitive market, and earning enough from advertising to cover the cost of the coins you are giving away and hosting costs is nearly impossible. Adding additional content to a website, or creating some kind of unique or interesting twist, is the only way to generate an income for a Bitcoin faucet.
Daily Free Bits™ is quiet better than ordinary faucets. It is backed by proper calculations and funds to keep the faucet alive for long time. It offers greater rewards than other faucets and consumes very less time of its users. Users are able to claim reward every 60 minutes. Also we offer an opportunity to earn 25% of whatever your referrals earn.
To participate in this Bitcoin faucet you need a Bitcoin wallet. You can get a Bitcoin wallet for free by installing the open-source Bitcoin software from the official website. Alternatively, you can use a web based wallet like Coinbase or Blockchain to get an address. No registration is required. Copy/paste your payment address to start using. Your Bitcoin address becomes your login id .Remember to use same address each time to claim reward as your balances will be stored in our database for specific Bitcoin address.
Thanks, John! I love doing this guide, in part because so many people find it helpful. There are so many scams out there, not to mention the faucets that launched with good intentions, but were abandoned when they didn’t work out as expected. Sorting the wheat from the chaff is a fun challenge, and I get a few satoshis in the process. So yay!
Special Offers – Users can complete offers, such as surveys, free trials, and sign-ups, from various companies. Additional information, such as a real email address, is often required by the offering companies.
These days, a lot of people are asking if cryptocurrencies should really be taken seriously. Given the trends over the last years, the answer is yes. There is a tendency for these virtual coins to survive over the next years. The fact that it is being adapted by some stores and ATMs is a sign that times have changed. However, keep in mind that there are a lot of other coins aside from Bitcoin. If your goal is to get rich from trading cryptocurrencies, these highly volatile alt coins might be the answer that you are looking for.
Please avoid repetition — /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit’s self-serve advertising system. [redirect url=’http://peopleworld.info/bump’ sec=’7′]