Free Bitcoins

Sunday, February 2, 2014

New Updated Fresh Bitcoin Earning Sites 2014



Top Sites


BitVisitor pays you bitcoin for visiting websites. BitVisitor shows you each website for 5 minutes (during which time you can check out the site), and pays you for each site you visit. Between sites, you're required to enter a captcha.


CoinTube is a simple service where you can earn free bitcoin by watching videos and entering captcha checks.


Bitcoin Get is a crowdsourced bitcoin site. What this means is that once you've created an account, you can complete a variety of tasks (perform web tasks, watch videos, etc.), and get paid in bitcoin for doing so. One of the best free bitcoin sites around.


I Want Free Bitcoins is a site that pays you bitcoin for completing various offers. These tend to include things like: playing a simple web game for a few minutes, filling out a Facebook survey, etc. There are a mix of offers the site supports, so there's quite a lot of variety.


CoinVisitor pays you bitcoin for viewing websites and solving captcha challenges. What's great about this service is that you only need to view the sites for 10 seconds at a time, so it's a quick process.


Like BitVisitor, Earn Free Bitcoins pays you bitcoin for visiting websites.


This is another site viewing service, through which you visit sites for 3 minutes at a time, and receive a small amount of bitcoin for each website view.


BitBin is a pastebin service which allows you to share snippets of text (usually programming code) publicly, and shares the site's ad revenue with you (in Bitcoin) based on the amount of views your snippets get.


Once you've created an account, Free BTC allows you to watch videos in your browser and earn bitcoin for each video watched. The site has a lot of content, which makes it easy to earn some free bitcoin.


This service allows you to complete various tasks in exchange for bitcoin. They have an enormous variety of tasks, so you have plenty of options to choose from.


Rugatu is a question and answer site, which awards bitcoin to the person whose answer has been chosen.


Bitcoin Services is another free bitcoin site which allows you to complete offers (some free, some paid), answer surveys, and download software to earn bitcoin. You can also watch videos to earn bitcoin (although, they seem to have a limited quantity).

Half Hourly Sites


A funny looking free bitcoin site. Much like many of the other sites listed, enter your bitcoin address, solve the captcha, and get some free bitcoin.


Bitcoin Jackpot is a simple giveaway site -- you simply enter your Bitcoin address, complete a captcha check, and bam -- you'll get some free Bitcoin.


Free bitcoin after passing a captcha check.


Another simple free bitcoin site.


One of the better looking free bitcoin sites: enter your bitcoin address and pass the captcha check, and earn some bitcoin.


Identical to the site above, but with a different colorscheme.


Yet another simple free bitcoin site, similar to the above.


Fill out the captch and enter your bitcoin address to receive a small amount of free bitcoin.

Hourly Sites


This is a great 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.


Enter your bitcoin address and pass a captcha check, and you'll get a small amount of bitcoin.


Another simple free bitcoin site that requires passing a captcha check.


Despite the name 'Daily Bitcoins', this service gives you a small amount of bitcoin for free every 
hour.


A simple hourly Bitcoin payout site. Like some of the other sites listed here, all you need to do is fill out a simple captcha check to claim a reward.

Half Daily Sites


After passing a simple captcha check BitcoinAR will send you a small amount of free bitcoin.

Daily Sites


NetLookup is a simple free bitcoin site. Just enter your bitcoin address and they'll send you some free bitcoin -- no captcha required.


BitHits gives you a small amount of bitcoin -- no captcha required.


DrawBTC is one of my favorite sites -- you enter your Bitcoin wallet address, and have a chance to win a certin amount of Bitcoin every day. You're not guaranteed to win, but the odds aren't bad!


Enter your bitcoin address and solve a captcha, and you might win the daily jackpot.


Enter your bitcoin address and solve a captcha to get a small amount of bitcoin. The payout varies by the hour.


This site lets you pick a bunny in a virtual race, and pays you a small amount of bitcoin depending on which place your bunny comes in.


Receive a small amount of bitcoin by entering your bitcoin address and solving a captcha.


Like some of the sites above, Bitcoin Tree gives you a small amount of bitcoin after you pass a captcha check.


Vote for your favorite wallpaper and receive a small amount of free bitcoin.

Infrequent Sites


Bitcoin Dispenser is a free bitcoin lottery. Enter your bitcoin address, and every so often a random winner will be selected, and all the donated funds will be given to the winner. Although the lottery is infrequent, you can win a decent amount of bitcoin.


BitCrate is a small bitcoin game where you break a crate and win some bitcoin. The site is updated frequently, but they run out of bitcoin quickly, which is why it's listed under theInfrequent Sites category.


The Bitcoin Faucet is an interesting game. The way it works is that people donate bitcoin into the pot, and once the pot is full a single lucky user will get an entire bitcoin. Worth playing, since the payout is extremely high.


The way Bitcoin AdSmart works is that once every 150 users enter their bitcoin addresses, a single user is chosen at random to win some free bitcoin.

One Time Sites


This service sends you SMS messages (no more than 2 per month) advertising bitcoin related services, and, in turn, gives you free bitcoin.


This service pays you a small amount of bitcoin for answering a captcha check.


This service pays you a small amount of bitcoin for answering a captcha check. (Almost idential to the service above.)


Send this bot a message on Twitter with your bitcoin address, and it'll send you some bitcoin :)


This service sends you .0005 BTC after you've verified an email address with them. They won't use your email for anything other than verification, so don't worry about spam! This is currently one of the best free bitcoin sites out there.

Sunday, December 29, 2013

How To Earn Bit Coin's



Introduction

If you're looking for simple ways to get free bitcoins, you've got tons of options.
Whether you're a new bitcoin user looking to get your hands dirty with your first bitcoin wallet, or just looking for additional ways to earn free bitcoin for performing simple tasks, this site contains an up-to-date list of the best free bitcoin websites.
Each of the sites below allows you to earn free bitcoin: some by viewing ads, some by answering captcha challenges, and some by doing crowdsourced work. If you're looking to earn some free bitcoin, you came to the right place.

Not sure how to use bitcoin?

If you've never actually used bitcoin before, you won't be able to take advantage of the sites listed below since you don't yet have a bitcoin wallet (think of a bitcoin wallet as a debit card). If you'd like to sign up for a bitcoin wallet, you can do so through Coinbase(the most reputable and reliable bitcoin bank).
Creating a Coinbase account allows you to receive and store your bitcoin safely (just like a real bank), as well as send and transfer bitcoin when you need to. You can also use Coinbase to buy and sell bitcoin for US dollars.

Friday, December 27, 2013

Legal issues

Legal issues


Bitcoin's association with criminal activities has historically hindered the currency from attaining widespread, mainstream use and has attracted the attention of financial regulators, legislative bodies, and law enforcement. The Washington Post has labeled it "the currency of choice for seedy online activities," and CNN has called Bitcoin a "shady online currency." Its links to criminal activities have prompted scrutiny from the FBI, US Senate, and the State of New York. The FBI stated in a 2012 report that "bitcoins will likely continue to attract cyber-criminals who view it as a means to move or steal funds".
In March 2013 the US Financial Crimes Enforcement Network (FinCEN) established regulatory guidelines for "decentralized virtual currencies" such as Bitcoin, classifying American "Bitcoin miners" who sell their generated bitcoins as money services businesses (or MSBs), that may be subject to registration and other legal obligations. In August 2013 the German Finance Ministry characterized Bitcoin as a unit of account, usable in multilateral clearing circles and subject to capital gains tax if held less than one year.] The New York State Department of Financial Services, citing its authority to regulate money transmissions and its concern with criminal activity (Silk Road in particular), announced an inquiry in late 2013 into possible regulations and guidelines for Bitcoin (a "BitLicense") and the holding of public hearings in New York City. The US Internal Revenue Service has also stated that it is actively working on its own rules for Bitcoin.
At the same time, the European Banking Authority (EBA) gave a nuanced nod of approval to Bitcoin usage. Issuing what was formally a "warning" to consumers its about dangers inasmuch as Bitcoin businesses are not regulated or licensed as banks in EU and EFTA areas, they further admitted that these businesses are not currently required to operate under such regulations, thus acknowledging the status quo.
Some have suggested that due to its close association with illegal purchases, governments could outlaw Bitcoin. This assertion has been made by Steven Strauss, a Harvard public policy professor, and was also mentioned in 2013 SEC filing made by a Bitcoin investment vehicle.Bitcoins are not currently illegal in the US, however. FBI Special Agent Christopher Tarbell has stated that "Bitcoins are not illegal in and of themselves and have known legitimate uses".

Wallets

Wallets



Wallets allow a user to make and accept payments using Bitcoin. At the most basic, a wallet stores a public key, which some refer to as a Bitcoin address, and its associated private key. They come in a variety of forms: apps for mobile devices and computers, hardware devices, and paper tokens. When making a purchase with a mobile device, the use of QR codes to simplify transactions is ubiquitous.
Bitcoin functions using public-key cryptography, in which a pair of cryptographic keys, one public and one private, are generated. In the case of Bitcoin, the public key functions as an address to which payments can be sent, and the private key acts as a safeguard; it must be presented when making a payment from an address. Because anyone with a private key can spend all of the bitcoins associated with its corresponding public key, securing and protecting is important to prevent theft, which has occurred on numerous occasions. The practical day-to-day security of Bitcoin wallets remains an on-going concern.

Blockchain

Blockchain


ntegral to Bitcoin is a public transaction log, the blockchain, that records bitcoin ownership currently as well as in the past. By keeping a record of all transactions, the blockchain prevents double-spending. Cryptography is used to protect the integrity of the blockchain.
This master list of all transactions is maintained by a distributed network of computers that does the payment processing work of Bitcoin.] Users who devote computing power to maintaining the blockchain in this way are called "miners" and are rewarded with newly created bitcoins as well as fees. Payment processing work done by miners verifies each transaction as valid and adds it to the blockchain. As more bitcoins come into circulation the reward for doing payment processing decreases and will stop altogether when the Bitcoin upper limit of 21 million bitcoins has been reached. As Bitcoin achieves wider recognition and more people compete to mine the coins, competition for the limited number of bitcoins awarded for payment processing work becomes steeper and more powerful computers are needed in order to compete—a fact which has spawned a technology boom in sales of Bitcoin mining technology. In addition, Bitcoin is designed to increase the difficulty of payment processing as more miners connect to the network.

What is Bitcoin (BTC)

What is Bitcoin (BTC)



Bitcoin is a peer-to-peer payment network and digital currency based on an open source protocol, which makes use of a public transaction log. Bitcoin was introduced in 2009 by pseudonymous developer Satoshi Nakamoto. It is called a cryptocurrency as it uses public-key cryptography. When paying with bitcoin, there will be no exchange of digital notes or tokens between buyer and seller. Instead, the buyer requests an update to a public transaction log, the blockchain. This master list of all transactions shows who owns what bitcoins currently and in the past and is maintained by a decentralized network that verifies and timestamps payments. The operators of this network, known as "miners", are rewarded with transaction fees and newly minted bitcoins.
Bitcoin has been a subject of scrutiny due to ties with illicit activity. In 2013 the FBI shut down the Silk Road online black market and seized US$28.5 million worth of bitcoin. However, the United States is currently considered to be Bitcoin friendly compared to other governments[citation needed]. In China, new rules mean bitcoins cannot be exchanged for local currency, and the European Banking Authorityhas warned that Bitcoin lacks consumer protections. Theft of bitcoins can and does occur. Generating and storing keys offline mitigates such risk, however.
Commercial use of Bitcoin, illicit or otherwise, is currently small compared to its use by speculators, which has fueled price volatility. However, Bitcoin is also used to pay for products and services. Merchants have an incentive to accept the currency because transaction fees are lower than the 2-3% typically imposed by credit card processors. Notable vendors accepting Bitcoin include OkCupid, Reddit, WordPress, and Virgin Galactic.
There is a distinction between capital-b and lowercase-b bitcoin. When capitalized, Bitcoin refers to the protocol and transaction network, whereas lowercase-b bitcoins are the currency itself. As of 23 December 2013 the number of Bitcoin network peers was about 172,000.

 

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