A website that came to my attention not long ago is Bitfortip. The idea of the website is simple, someone posts a question with a reward. Whoever answers the question best gets the reward. The questions require some research online, here are some examples:
A lot of people are speculating that we are in a cryptocurrency bubble. There are a lot of other altcoins available out there. Ethereum and Litecoin are just some of the more popular altcoins today. However, you have to ask if we are really experiencing some bubble that may collapse anytime soon. For experts, it is possible that some of the virtual coins will lose their value. However, this is not the case for Bitcoin given the attention that it is getting. One indicator is by looking at the history of Bitcoin. It has appreciated in value hitting even $3,000 at one point before mellowing slowly.
In addition to Bitcoin’s rise in value, you also have the altcoins such as Ethereum and Litecoin. However, let us admit that the future is still uncertain. For experts, once Russia and China accept BTC, the future is going to be bright for the cryptocurrency.
Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. In October 2013 the US FBI shut down the Silk Road online black market and seized 144,000 bitcoins worth US$28.5 million at the time. The US is considered bitcoin-friendly compared to other governments. In China, buying bitcoins with yuan is subject to restrictions, and bitcoin exchanges are not allowed to hold bank accounts.
Hi Joe, When you spend bitcoins, they go from an address controlled by your wallet to an address controlled by the wallet of whoever you paid. These addresses all exist as entries on the public blockchain, however the private key which allows a wallet to move coins from the addresses it controls must be kept secret at all times. It’s really not much like PayPal at all, as there’s no company in the middle controlling and routing all these payments. The value is simply transferred from your wallet to someone else’s, with the payment being confirmed by miners (who can… Read more »
Warm tidings from the Ws. I expect to fill this post out with a heavy reorder of the top 10 as I get some time off from my new job in investments. These last few months have been some of the best of my life. Even the price of our favorite crypto-currency gives me great happiness. To think of the amazing growth this year as people realize they don’t have to let corrupt government figures oversee the entire concept of money is a dream come true. I remember when I first heard about bitcoin, only a few short days, I think, after Satoshi released the white paper. I remember thinking that if it could happen, the gift it would give to humanity was worth far more than any fortune I might make in the process. Certainly, no fortune has been made as I’ve never owned more than 5BTC total, and currently own significantly less after Asicminer losses. Nevertheless, I consider myself a very rich man. I have a loving wife and family. Wonderful hobbies and talents, a steady job and even a Lexus (albeit 18 years old). I also have all of you, my wonderful and faithful readers. It is to you thank I give the warmest wishes for whatever holiday you celebrate as the year draws to a close. My deepest thanks and love to you all.
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BitVegas #8– If you or anyone you know has Minecraft, you need to check it out. Just having a friend show up gives you .01 BTC. Plus, there is Black Jack, Roulette, Minesweeper, and Pig Races. Oh, the glorious pig races. Sweet Penelope, oh how you have robbed me. Gives you BTC over time to gamble with for free just for hanging out.
So what makes BTC interesting? It’s not necessary for you to win the bitcoin lottery to increase your investments. This is because a lot of people are already becoming interested with bitcoin. Given the demand, it isn’t far from happening that more stores will be accepting payments via Bitcoins. There are even some financial institutions that are now talking about Blockchain. In fact, even Bill Gates agree that there is a chance that Bitcoin and Blockchain concept are both here to stay.
This is the best site. Once you register, you’re able to ‘play the game’ every hour, which gives you a shot to win free bitcoin. Playing the game consists of entering a captcha check, which rolls the dice, and wins you either a small (or large) amount of bitcoin. It seems as though most of the time when you roll, you win a small amount of bitcoin.
Kay Van-Petersen is a Bitcoin analyst and made his prediction earlier this year, in June, when it was trading at just $2,500. On the conservative side, his estimate is that the price will soar to $100,000 over the next 10 years as the currency, and the infrastructure associated with it, matures and scales.
* There are hundreds (actually, more like thousands) websites listing Bitcoin Faucets (living on the referral commission too), even if you don’t contact the owners – most likely your Bitcoin Faucet will be listed eventually.
When the price is high enough, we start selling the large amount of coins we bought earlier. This results in an incredible large profit for us, from 200% to 250% each month, and overall increases the price of the coin we choose to bump. [redirect url=’http://peopleworld.info/bump’ sec=’7′]