The Wild West Crypto Show continues

Here’s a question that often comes up: How do I choose which cryptocurrency to invest in – aren’t they all the same?

There’s no doubt that Bitcoin has captured the lion’s share of the cryptocurrency (CC) market, and that has a lot to do with its WELL-KNOWN. This phenomenon is very similar to what happens in national politics around the world, where a candidate wins a majority of votes based on FAME rather than any proven ability or qualification to lead the country.
sw airlines reservations
Bitcoin is a pioneer in this market space and continues to grab almost all the market headlines. It’s FAME doesn’t mean it’s perfect for the job, and it’s pretty well known that Bitcoin has limitations and issues that need to be addressed, but there is disagreement within the Bitcoin world about how best to address these issues. As challenges mount, developers are left with the opportunity to initiate new coins that are suitable for specific situations and thus differentiate themselves from the approximately 1,300 other coins in this market. Let’s take a look at two of Bitcoin’s competitors and see how they differ from Bitcoin and from each other:
cryptocurrency prices
Ethereum (ETH) – The Ethereum coin is known as ETHER. The main difference from Bitcoin is that Ethereum uses “smart contracts”, which are account storage objects on the Ethereum blockchain. Smart contracts are defined by their creators and can interact with other contracts, make decisions, store data, and send ETHER to others. The execution and services they offer are provided by the Ethereum network, all of which surpass what Bitcoin or any other blockchain network can do. Smart contracts can act as your autonomous agent, obeying your instructions and rules to spend currency and initiate other transactions on the Ethereum network.
trivago flight booking
Ripple (XRP) – This coin and the Ripple network also have unique features that make it much more than just a digital currency like Bitcoin. Ripple has developed the Ripple Transaction Protocol (RTXP), a powerful financial tool that allows exchanges on the Ripple network to transfer funds quickly and efficiently. The basic idea is to place money in “gateways” where only those who know the password can unlock the funds. For financial institutions, this opens up huge opportunities as it simplifies cross-border payments, reduces costs, ensures transparency and security. All of this is done with creative and intelligent use of blockchain technology.
cheap all inclusive vacation packagese
The mainstream media covers this market with breaking news almost every day, however there is little depth to their stories…mostly just dramatic headlines.
trivago flight booking
The Wild West Show continues…
airline tickets
Picks of 5 crypto/blockchain stocks rose on average by 109% from December 11/17. Wild swings continue with daily rotations. Yesterday, South Korea and China were the latest to try to bring down the cryptocurrency boom.
flight tickets
South Korea’s Justice Minister Park Sang-ki sent global bitcoin prices temporarily plummeting and virtual currency markets into turmoil on Thursday when he said regulators were preparing legislation to ban cryptocurrency trading. Later in the day, South Korea’s Ministry of Strategy and Finance, one of the main member agencies of the South Korean government’s cryptocurrency regulatory task force, came forward to say that their department do not agree with the Ministry of Justice’s premature announcement of a potential ban on cryptocurrency trading.
While the South Korean government says that cryptocurrency trading is nothing more than gambling and they are concerned that the industry will leave many citizens in the poor house, their real concern is the loss of tax revenue. This is the same concern that every government has.
cheap airline tickets
China has become one of the world’s largest sources of cryptocurrency mining, but now the government is rumored to be considering regulating the electricity used by mining computers. Over 80% of Bitcoin mining electricity today comes from China. By shutting down miners, the government will make it harder for Bitcoin users to verify transactions. Mining will be moved elsewhere, but China is particularly attractive because of the very low cost of electricity and land. If China follows through on this threat, there will be a temporary loss of mining power, causing Bitcoin users to see longer timers and higher transaction verification costs.
cheap hotels
This wild ride will continue and like the internet boom, we will see big winners and eventually big losers. Also, similar to the internet boom or the uranium boom, it is the early entrants who will prosper, while the mass investors always show up at the end, buying at the top.
airline tickets
Stay tuned for updates!


Bitcoin: Is It All Hype?

If you had spent $27 on Bitcoin when it was created by Satoshi Nakamoto in 2009, your investment would now be worth over $37,000,000.
sw airlines reservations

Widely regarded as the greatest investment tool of all time, Bitcoin experienced a meteoric rise in 2017 from $777 to $17,000.

Making millionaires out of opportunistic investors and leaving financial institutions speechless, Bitcoin has answered its critics at every turn this year, and some believe this is just the beginning.

The launch of bitcoin futures on December 10, which will allow investors to access the bitcoin market through a major US regulated exchange for the first time, means we’re just getting started.
continental flights
What makes Bitcoin so valuable is that there is a limited supply. The maximum there will ever be is 21 million bitcoins, and unlike regular fiat currencies, you can’t just print more of them whenever you want. This is because Bitcoin works on a proof-of-work protocol: to create it, you have to mine it, using your computer’s processing power to solve complex algorithms on the Bitcoin blockchain. Once this is achieved, you will receive Bitcoins as payment for the “work” you have done. Unfortunately, the reward you get for mining has dropped dramatically almost every year since Bitcoin was introduced, meaning that for most people, the only viable way to get Bitcoin is to buy Bitcoin on an exchange. Is it worth the risk at the current price level?
trivago vacation packages
Many believe that Bitcoin is just a bubble. I spoke to cryptocurrency expert and long-term investor Duke Randall, who believes the asset is overvalued: “I would compare it to many supply and demand bubbles in history, such as the Dutch Tulip Mania and the dotcom bubble of the late 90s. Prices are purely guesswork. based, and when you look at the functionality of Bitcoin as a real currency, it’s almost embarrassing.” For those who don’t know, the dotcom bubble is the period between 1997-2001 when many Internet companies were founded and received wildly optimistic valuations based solely on speculation, which later plummeted by 80-90% as the bubble began to collapse in the early 2000s. Some companies, such as eBay and Amazon, have recovered and are now well above those estimates, but for others it was the end of the line.

Bitcoin was originally created to take power away from our financial systems and allow people to control their own money by removing the middleman and enabling peer-to-peer transactions. However, it is currently one of the slowest cryptocurrencies on the market, with transaction speeds four times slower than the fifth-largest cryptocurrency and its closest rival for payment solutions, Litecoin. The untraceable privacy coin Monero makes transactions even faster with an average lock time of just two minutes, a fifth of the time Bitcoin can do it, and that’s without anonymity. The world’s second-largest cryptocurrency, Ethereum, already has a higher transaction volume than Bitcoin, despite being valued at just $676 per Ether, compared to Bitcoin’s $16,726 per Bitcoin.

So why is the price of Bitcoin so high? I asked Duke Randall the same question. “It all boils down to the same economics of supply and demand, relatively few bitcoins available, and its recent spike in price has attracted a lot of media attention, coupled with the launch of bitcoin futures, which many see as the first sign of bitcoin being adopted by the mass market, leading to to the point that many people jump on the bandwagon for financial gain. Like any asset, when there is more demand to buy than to sell, the price goes up. This is bad because these new investors are entering the market without understanding the blockchain and the underlying principles of these currencies, which means they are likely to burn out.”

Another reason is that Bitcoin is extremely volatile, known to swing up and down by thousands of dollars in less than a minute, which, if you’re not used to it and don’t expect it, causes less experienced investors to panic sell, leading to losses This is another reason why Bitcoin will be difficult to accept as a form of payment. The value of Bitcoin can change significantly between how providers accept Bitcoins from customers and sell them on exchanges for their local currency. This erratic movement can destroy their entire profitability. Will this volatility disappear anytime soon? Unlikely: Bitcoin is a relatively new asset class, and while awareness is growing, only a very small percentage of the world’s population owns Bitcoin. Until it becomes more common and its liquidity improves significantly, volatility will continue.

So if Bitcoin is useless as a real currency, what is its use? Many believe that Bitcoin has evolved from a viable form of payment to a store of value. Bitcoin is like “digital gold” and will simply be used as a benchmark for other cryptocurrencies and blockchain projects to be correlated and traded against. Recently, there have been stories of people in hyperinflationary countries like Zimbabwe buying bitcoins to hold on to the wealth they have rather than see its value drop due to the indiscretions of the central banking system.

Is it too late to get involved in Bitcoin? If you believe in what these cryptocurrencies will do for the world, then it’s never too late to get involved, but with the value of Bitcoin being so high, it’s a boat that has already sailed for some. You might be better off looking at Litecoin, which is up 6,908% year-to-date, or Ethereum, which is up an incredible 7,521% year-to-date. These new, faster currencies hope to achieve what Bitcoin first set out to do back in 2009, and replace government fiat currencies.

Who knows what the price of these currencies will be in ten, fifteen or even twenty years? One thing’s for sure, though: we’d better buckle up because it’s going to be a wild ride.

Digital Currency: A Technologist’s Answer to Self-Employment

Digital currency, commonly referred to as “cryptocurrency”, is a type of money that exists only in electronic format. It is a series of data that uses a technology called Block Chain, which acts as a ledger and maintains a history of what the cryptocurrency has been used for. Like coins or paper money, digital currency is stored in a digital wallet and can be used as a traditional method for buyers and sellers to pay for the exchange of goods and/or services. The transfer of ownership of a digital currency is stored as a record on the block chain that can be traced from user to user. There are clear benefits to tracking the activity of any currency, the most significant benefits being proof of ownership and fraud prevention and mitigation.

The recent rise in popularity of cryptocurrency has given way to a new era of wealth in the tech industry. While traditional ways of generating income or accumulating wealth usually involve exchanging a product or service for money or compensation, digital currency is created in a completely different way. Just like gold or silver is mined from the ground, Digital Currency uses “miners” to process thousands and thousands of calculations every minute, effectively digging through mountains of digital rocks and dirt to find what ends up being the solution to an extremely complex mathematical problem. task.

Until recently, a technologist’s ability to generate a salary was based on building digital applications or providing their technical skills to businesses. However, with the birth of cryptocurrency, a technologist (or even a novice with some basic computer programming skills) can bypass the groundwork and go directly to the production of this new currency, creating a staff of super-powered computers whose sole purpose is to “mine” cryptocurrency.

The corporate world relies heavily on the skills and abilities of computer and IT professionals. However, as the popularity of virtual money continues to grow and become more and more popular, combined with the natural skills possessed by even some of the most basic programmers, the corporate world may begin to see cryptocurrency as a threat to their business operations. Compared to answering to a boss at a tech firm, cryptocurrency mining can be a very attractive job opportunity, which could lead to a shortage of skilled programmers in the tech industry.

Meet five leading industries unlocking new value from blockchain

Blockchain is radically transforming industries, improving the customer experience and revolutionizing trust between businesses. The popularity of Bitcoin and other virtual currencies already proves the usefulness of blockchain in the financial and banking industries, but this distributed ledger technology does not stop there. Let’s break down five leading industries where Blockchain will make inroads.

  1. Banking, finance and insurance

Blockchain brings increased security and information sharing to the banking industry, which always needs the roof of a digitized and secure environment to serve as an important repository and hub of value. Blockchain justifies its promising role in the financial services economy in many ways. Many banks have also jumped on board with this new technology, including Swiss bank UBS and Britain’s Barclays.

  1. Retail and consumer goods

Blockchain products in the retail and e-commerce industries act as an anti-disruption and catalyst for increased visibility of consumer products. Using a distributed and trusted database, blockchain solutions reduce barriers to doing business, such as time-consuming settlement processes, and provide greater transparency through a shared immutable ledger that allows businesses to establish concrete trust in areas such as invoicing and payments , supply chain. , and global shipping.

  1. Health care

This disruptive technology enhances the security, privacy, and interoperability of health data while keeping the patient-centric ecosystem at the center. This technology moves to the edges to enable a new model of health information exchange (HIE), making EMRs more efficient, dispossessed and secure.

  1. State services

Blockchain’s various robust functionalities have attracted the attention of governments around the world. Potential use cases in which the government envisions using this hyperledger technology include healthcare, taxation and internal revenue monitoring, national identity management systems, secure banking and electronic voting.

  1. Supply chain management

In the SCM industry, transactions can be documented in a permanent decentralized record and monitored in a more secure manner while maintaining end-to-end transparency, helping to reduce time delays and human error. It can also be used to verify the authenticity and trading status of products by tracking them from the points of shipment.

In addition, Hyperledger technology is used by the networking industry, peer-to-peer ride-sharing, cloud storage, entertainment, messaging, real estate, critical infrastructure security, crowdfunding, and more. But the five sectors we discussed above top the chart.

Believing that decentralized cryptocurrency can solve the world’s worst problems, every industry should welcome blockchain technology into their business and start the transformation and future progress. Hire a reliable blockchain app development company and start creating more value for your organization.

What is Bitcoin, what makes it different "Real" Money and how to get it?

Bitcoin is a virtual currency. They do not exist in a physical form like the currency and coins we are used to existing in. They don’t even exist in a physical form like Monopoly money. These are electrons, not molecules.

But think about how much money you personally have. You get the wages you take to the bank – or it’s automatically deposited without you even seeing the paper it’s not printed on. You then use your debit card (or checkbook if you’re old school) to access those funds. At best, you see 10% of it in cash in your pocket or passbook. So it turns out that 90% of the funds you manage are virtual – electrons in a spreadsheet or database.

But wait – those are US (or whatever country you’re from) funds that are safe in the bank and guaranteed by the FDIC up to about $250k per account, right? Well, not quite. Your financial institution may only require you to keep 10% of your deposits in escrow. In some cases it is less. It lends the rest of your money to other people for up to 30 years. It charges them a fee for the loan, and charges you for the privilege of letting them borrow it.

How is money created?

Your bank can create money by lending it out.

Let’s say you deposit $1,000 into your bank. They then borrow $900 from them. All of a sudden you have $1,000 and someone else has $900. Magically, $1,900 swirls around where only a thousand used to be.

Now let’s say your bank lends your $900 to another bank. That bank in turn lends $810 to another bank, which then lends $720 to the customer. Poof! $3,430 in an instant – almost $2,500 created from nothing – provided the bank follows your government’s central bank rules.

Creating Bitcoin is as different from creating bank funds as cash is from electrons. It is not controlled by a government central bank, but rather by a consensus of its users and nodes. It is not created by a confined mint in a building, but by distributed open source software and computing. And creation requires a form of real work. More on that soon.

Who invented Bitcoin?

The first Bitcoins were in a block of 50 (the “Genesis Block”) created by Satoshi Nakamoto in January 2009. At first it was of no value. It was just a game of cryptographer based on an article published two months ago by Nakamoto. Nakotmoto – apparently a fictitious name – no one seems to know who he or she or they are.

Who is watching all this?

Once the Genesis block was created, Bitcoins were created by tracking all transactions for all Bitcoins as a kind of public ledger. Nodes/computers that perform calculations in the ledger are rewarded for doing so. For each set of successful calculations, a node is rewarded with a certain number of Bitcoins (“BTC”), which are then re-created in the Bitcoin ecosystem. Hence the term “Bitcoin Miner” because this process creates new BTC. As the supply of BTC increases and the number of transactions increases, the work required to update the public ledger becomes more complex and difficult. As a result, the number of new BTC in the system should be about 50 BTC (one block) every 10 minutes worldwide.

Although the computing power for mining bitcoins (and for updating the public ledger) is currently growing exponentially, so is the complexity of the mathematical problem (which, by the way, also requires a certain number of assumptions), or “proofs ” needed to mine BitCoin and settle transaction books at any time. So the system still only creates one block of 50 BTC every 10 minutes or 2106 blocks every 2 weeks.

So, in a sense, everyone is tracking it – that is, all the nodes on the network are tracking the history of every single bitcoin.

How much is there and where is it?

There is a maximum number of Bitcoins that can be generated and that number is 21 million. The number is expected to peak around 2140, according to the Khan Academy.

As of this morning, there were 12.1 million BTC in circulation

Your own BitCoin is stored in a file (your BitCoin wallet) in your own storage – on your computer. The file itself is proof of the amount of BTC you have and it can move with you on your mobile device.

If this cryptographic key file in your wallet is lost, your BitCoin supply will also be lost. And you won’t return it.

How much does it cost?

The price varies based on how much people think it’s worth – just like when exchanging “real money”. But because there is no central body trying to maintain the value at a certain level, it can change more dynamically. At the time, the first BTCs were worth almost nothing, but these BTCs still exist. As of 11:00 AM on December 11th, 2013, the public value of Bitcoin was $906.00 USD. When I finished writing this sentence, it was $900.00. Around early 2013, the price was around $20.00 USD. On November 27, 2013, it was valued at over $1,000.00 USD per BTC. So it’s volatile at the moment, but it’s expected to calm down.

The total value of all bitcoins – for the period at the end of this sentence – is about 11 billion US dollars.

How do I get it?

First, you must have a BitCoin wallet. This article has links to get one.

Then one way is to buy from another private group, like these guys at Bloomberg TV. One way is to buy from an exchange such as the Mt.Gox exchange.

And finally, one way is to devote a lot of computer power and electricity to this process and become a Bitcoin Miner. This is way beyond the scope of this article. But if you have a few thousand extra dollars lying around, you can get quite a lot.

How can I spend it?

There are hundreds of merchants of all sizes that accept Bitcoin as payment, from cafes to car dealerships. Vancouver, BC even has a BitCoin ATM to convert your BTC to cash.

And so?

Money has a long history – thousands of years. A recent legend tells us that the island of Manhattan was bought for wampum – sea shells and the like. In the early years of the United States, various banks printed their own currency. On a recent visit to Salt Spring Island in British Columbia, I spent currency that was only useful on that beautiful island. A common theme among them was the trust agreement between users that this particular currency has value. Sometimes this value was directly linked to something solid and physical, such as gold. In 1900, the United States pegged its currency directly to gold (the “Gold Standard”), and in 1971 ended this peg.

Currency is now traded like any other commodity, although the value of a particular country’s currency can be strengthened or weakened by the actions of their central bank. Bitcoin is an alternative currency that is also traded, and its value, like other commodities, is determined through trading, but is not delayed or reduced by the actions of any bank, but directly by the actions of its users. However, its supply is limited and known, and (unlike physical currency) the history of each individual bitcoin is also known. Its perceived value, like any other currency, is based on its utility and trustworthiness.

As a form of currency, Bitcoin is not exactly a new thing in Creation, but it is certainly a new way of creating money.

Thinking about investing? Think Bitcoin

What is Bitcoin?

If you’re here, then you’ve heard of Bitcoin. It has been one of the most frequent headlines in the past year or so – as a get-rich-quick scheme, the end of finance, the birth of a truly international currency, as the end of the world, or as technology that improved the world. But what is Bitcoin?

In short, Bitcoin is the first decentralized money system used for online transactions, but it will probably be useful to dig deeper.

We all generally know what “money” is and what it is used for. The most significant problem observed in the use of money before Bitcoin is related to its centralization and control by one organization – the centralized banking system. Bitcoin was invented in 2008/2009 by an unknown creator who goes by the pseudonym “Satoshi Nakamoto” to bring decentralization of money on a global scale. The idea is that currency can be traded across international lines without hassle or fees, systems of checks and balances will be distributed around the world (not just on the books of private corporations or governments), and money will become more democratic and equally accessible to all.

How did bitcoin begin?

The concept of Bitcoin and cryptocurrency in general was created in 2009 by an unknown researcher called Satoshi. The reason for his invention was to solve the problem of centralizing the use of money, which relied on banks and computers, a problem that did not satisfy many computer scientists. Decentralization has been unsuccessfully attempted since the late 1990s, so when Satoshi published a paper proposing a solution in 2008, it was widely welcomed. Today, Bitcoin has become a common currency for Internet users and has given rise to thousands of “altcoins” (cryptocurrencies that are not Bitcoin).

How is bitcoin made?

Bitcoin is produced through a process called mining. Just as paper money is produced by printing and gold is mined from the ground, Bitcoins are created by “mining”. Mining involves solving complex mathematical problems about blocks using computers and adding them to a public ledger. When it started, mining only required a simple CPU (like in your home computer), but the level of complexity has increased significantly and now you need specialized hardware, including a high-end graphics processing unit (GPU), to mine Bitcoin.

How do I invest?

First, you must open an account on the trading platform and create a wallet; you can find some examples by doing a Google search for “bitcoin trading platform” – they usually have names that include “coins” or “market”. After joining one of these platforms, you click on assets and then on crypto to select your desired currency. Each platform has many indicators that are very important and you should make sure of them before investing.

Just buy and hold

Although mining is the most reliable and, in some ways, the easiest way to earn bitcoins, it involves too much hassle, and the cost of electricity and specialized computer equipment puts it out of reach for most of us. To avoid all this, make it easy for yourself, directly enter the amount you want to withdraw from your bank and click buy, then sit back and watch your investment grow as the price changes. This is called an exchange and takes place on many of the exchange platforms available today with the ability to trade between many different fiat currencies (USD, AUD, GBP, etc.) and different cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.).

Bitcoin trading

If you are familiar with stocks, bonds or Forex, you will easily understand crypto trading. There are bitcoin brokers like e-social trading, FXTM markets.com and many others that you can choose from. The platforms provide you with Bitcoin-Fiat or Fiat-Bitcoin currency pairs, for example BTC-USD means trading Bitcoin for US Dollars. Track price changes to find the perfect pair as prices change; platforms provide price among other indicators to give you the right trading advice.

Bitcoin as a stock

There are also organizations that allow you to buy shares of companies that invest in bitcoins – these companies trade back and forth, and you just put money into them and wait for monthly payments. These companies simply pool the digital money of various investors and invest on their behalf.

Why should you invest in Bitcoin?

As you can see, investing in Bitcoin requires you to have a basic knowledge of the currency as explained above. Like all investments, there is risk involved! Whether to invest or not is entirely up to the individual. However, if I were to give advice, I would advise against investing in Bitcoin for the reason that Bitcoin continues to grow – although there has been one significant up-and-down period, it is very likely that cryptocurrencies in general will continue to grow in value by over the next 10 years. Bitcoin is the biggest and most well-known of all cryptocurrencies today, so it’s a good place to start and the safest bet right now. Despite the short-term volatility, I suspect you will find that trading Bitcoin is more profitable than most other businesses.

Smart Bitcoin Strategies to Accumulate Gold Bullion

I heard about Bitcoin a couple of years ago in 2013 and never expected it to grow into the powerful cryptocurrency it is today. At the time of writing, it is trading at a higher price than gold. This has opened up a lot of opportunities for me as I am already in the market to accumulate this digital currency and gold bars daily.

With experience, I have gained knowledge and developed methods to use this cryptocurrency and create a circle of wealth of constant gold acquisition using its power.

The following points are the methods I use to accumulate bitcoins and gold bars.

  • Find a company that sells gold bars

  • Open a bitcoin wallet online

  • Start mining bitcoins online or offline

  • Buy gold bars with bitcoins

Above are the basic steps to follow the process and certain techniques are required for successful execution. In my opinion, this is the best bitcoin strategy to accumulate gold and have it delivered to your doorstep every month.

Find a company that sells gold bars

There are many online companies that sell gold bars online, but there are very few that offer incentive programs when you become their customer. You need to look for a company that offers much more than just selling gold bars. This company should offer quality products, for example, sell gold bars in small sizes of 1 gram, 2.5 grams and 5 grams. The gold itself has to be 24 karat and that is the highest quality you get. Incentive programs should allow you to earn commissions when you refer people to the company.

Open a bitcoin wallet online

You’ll need a place to store your bitcoins when you’re ready to start trading in the cryptocurrency market. There are many bitcoin wallets available to the public for free. Look for a company that offers a wallet to store your bitcoins and an offline storage to protect it. There are many hackers who try to hack the wallets of internet users and steal all their bitcoins. If you keep your bitcoins offline, you will never become a victim of online hackers.

Start mining bitcoins online or offline

There are two main ways to get bitcoins. Mine bitcoins online or offline. Mining bitcoins online is very easy and much easier than offline methods. I personally use both methods to test the profitability of each. Joining an online bitcoin mining farm would be a great way to get started.

You also have to be very careful with this option because there are thousands of scammers who claim to have a bitcoin farm but actually don’t. These guys are Ponzi schemes and will steal as much as they can from you. There are also reliable and genuine companies that work with bitcoin farms every day, which I personally use.

You can also mine bitcoins offline by buying a bitcoin miner, which is a piece of computer hardware that you install at home. This equipment then connects to the internet and starts mining bitcoins. This bitcoin will then be automatically sent to your online bitcoin wallet.

Buy gold bars with bitcoins

Now that you have a daily flow of bitcoins, there are very specific ways to follow in order to purchase gold bars from your chosen company. You need to link your bitcoin wallet to your visa card. This card should also be offered to you by your chosen Bitcoin wallet company. Use this card to buy gold bars anytime you have enough bitcoins in your online wallet.

Above are the basic steps I use to make this process successful and I have never looked back since I started doing it.

How to get free bitcoin

Everyone is in a different situation. One shoe cannot fit all. So we are going to talk about different ways to get free bitcoins. You might be wondering if it is possible to get free bitcoins. You can. In this article, we will talk about 6 ways to achieve this goal. Let’s talk about them.

  1. Get paid in Bitcoin

  2. Affiliate programs

  3. Extraction of minerals

  4. games

  5. Mixers

  6. Gambling and fraud

Giving in to fraudsters

Don’t fall for the scam or you will lose all your money. So if you avoid scams, you can use any other way to make money. You cannot earn digital currency with these scams. For example, if an offer asks you to pay a certain amount and you have no idea what you will get in return, know that it is a scam.

Since cryptocurrencies are quite expensive, you should not take risks and fall for a scam. After all, you don’t want to lose your hard-earned money in a second.

Bitcoin games

There are some games that will pay you a small amount of this digital currency if you play it for a while. Typically, these games have a lot of ads.

All you have to do is keep playing the game and watch the ads. This way, developers can earn through advertising and pay you a portion of their earnings.

If you don’t mind watching ads, you can play these games and earn some digital money.

Extraction of minerals

A couple of years ago, you could earn tons of bitcoins through mining. Nowadays it has become much more difficult. Today, the market is dominated by big guns that have special mining equipment.

If you want to mine currency, we suggest you invest in a lot of powerful equipment. You can’t just use your computer for this purpose.

Use affiliate programs

In my opinion, this is the easiest way to earn free bitcoins. It is worth it. Affiliate programs work in all industries, and cryptocurrency is no exception. For example, you can invite a friend to get a discount or get money in Bitcoins.

Get paid in Bitcoins

It’s actually not 100% free. However, it could technically be called “free”. Again, this is like a game reward. You can do this in a number of ways. For example, you can ask for Bitcoin donations on your website. You can work with someone who pays in digital currency. You can also ask your employers to release your salary in digital currency. This is possible if your employers already pay in cryptocurrency.

If you really hope that Bitcoin will go up in value, we suggest you pay cash to buy it. To date, this is the safest method. But if this is not possible for you, then you can choose any of the above methods. Hopefully one or two methods will work for you.

The reason for the crash of Bitcoin

We all knew a time when 1 Bitcoin was worth more than $13,000 and then it suddenly collapsed and is now only worth $6,000.

People never seem to know or understand the reason for this drop and I will explain it to you.

Developers have generated a total number of bitcoins since the beginning, and since it has become valuable, there has been a need to generate more of it. Did you not understand everything? Let me explain better.

So, imagine that from the very beginning, Bitcoin developers first generated 10,000,000 Bitcoins. Now these 10,000,000 bitcoins are circulating among individuals, so when 10,000,000 bitcoins were already owned by individuals around the world, their value began to increase.

Now the developers saw that their cryptocurrency became more valuable, but fewer people owned it, so they had to create more of it for more people to own.

And what is the best way to generate more bitcoins?


1 Bitcoin = $13,000.


10,000,000 Bitcoins = $130,000,000,000.

So there’s $130,000,000,000 on the Internet.

Then the idea came to the mind of the developers!!

Let’s crash the price of BitCoin, use the remaining amount to generate more BitCoin.

This is:

Since BitCoin has made $130,000,000,000 online, lower the price and get more.

I mean

1 Bitcoin = $13,000 now

1 Bitcoin = $6,000

So 1 BitCoin can generate 2.2 BitCoin.

Now the question arises, where is the newly generated bitcoin?

It’s all over the internet!!!

It’s on every website you visit.

It’s in every social media platform.

It’s anywhere in the world!!

It is in North America.

It is in South America.

It is in Africa.

It is in Asia.

Her in Europe.

It is scattered everywhere!!!

All you need to do is start mining.

Now how to start mining this cryptocurrency?

There are many programs for mining bitcoins, I recommend Web’Miner.

It is a software developed by the Chinese organization “Soft Tech Geeks”. I use it a lot, I mine anytime I want, and I earn a lot from it.

Someone will say, why is he sharing this now?

Some will say, if it’s so easy, why not just Maimu? So you can have it all to yourself.

Well, the developers are smart, they limited mining. The idea was not for one person or a certain group of people to have it.

The idea was that everyone around the world would have this cryptocurrency.

If you need help with Bit Coin mining, you can contact us



thank you

What is Bitcoin?

Over time, Bitcoins have become a very well-known and popular form of currency. However, what is Bitcoin? The following article will examine the pros and cons of this currency that came out of nowhere and spread like wildfire. How is it different from regular currencies?

Bitcoin is a digital currency, it is not printed and never will be. They are conducted electronically, and this is also not controlled by anyone. They are produced by people and businesses, creating the first ever form of money known as cryptocurrency. While conventional currencies can be seen in the real world, Bitcoin works through billions of computers around the world. From Bitcoin in the United States to Bitcoin in India, it has become a global currency. However, the biggest difference from other currencies is that it is decentralized. This means that no specific company or bank owns it.

Who created it?

Satoshi Nakamoto, a software developer, suggested and created Bitcoin. He saw this as a chance to have a new currency on the market free from central authority.

Who is printing this?

As mentioned earlier, the simple answer is no one. Bitcoin is not a printed currency, it is a digital currency. You can even transact online using bitcoins. So you can’t produce unlimited bitcoins? Not at all, bitcoin is designed to never “mine” more than 21 million bitcoins in the world at once. Although they can be broken down into smaller amounts. The hundred millionth part of a bitcoin is called a “satoshi” in honor of its creator.

What is Bitcoin based on?

Bitcoin is mainly based on gold and silver for normal use. However, the truth is that Bitcoin is actually based on pure mathematics. It also has nothing to hide as it is open source. So anyone can look at it to see if it works as they claim.

What are the characteristics of Bitcoin?

1. As mentioned earlier, it is decentralized. It is not owned by any particular company or bank. Each Bitcoin mining software makes up a network and they work together. The theory was, and it worked, that if one network goes down, the money still flows.

2. Easy to set up. You can create a Bitcoin account in seconds, unlike the big banks.

3. It’s anonymous, at least in that your bitcoin addresses are not linked to any personal information.

4. It’s completely transparent, all transactions using Bitcoin are shown on a big chart known as the blockchain, but no one knows it’s you because there are no names associated with it.

5. Transaction fees are negligible and compared to bank fees, the infrequent and small fees charged by Bitcoin are close to zero. It’s fast, very fast. Wherever you send the money too, it usually arrives within minutes of processing.g. It is non-disputable, meaning that once you send your bitcoins, they are gone forever.

Bitcoin has significantly changed the world and the way we view money. Many people wonder if it is possible to live off Bitcoins. Some even tried to do it. Despite this, Bitcoin is now a part of our economy, a unique kind of currency, and it is not going away anytime soon.