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ICO – Shadow Of The Colossus Collection Review – PS3, Shove Square

Review: ICO & Shadow Of The Colossus Collection (PS3)

An impeccable, provocative and emotional affair, ICO & Shadow of the Colossus Collection makes a strong argument in favour of interactive art, and does so with such a matter of fact, effortless mentality that it’s unlikely not to fall in love with the practice.

Despite being heralded as two of the finest games ever created, there’s an effortless manner at which both ICO and Shadow of the Colossus go about their business.

It’s with ICO that we begin. Originally released ten years ago, the game centres upon the relationship inbetween a youthful boy and an ethereal woman named Yorda. It emerges that the boy has been incarcerated in a vast castle after being considered a bad omen by the residents of his native village. Happening upon an escape route, the boy detects the mystical Yorda trapped in a box, and instantly sets about releasing the damsel from her restricts. Together the freshly liberated duo embark on an venture that sees them attempting to escape from the castle’s captivity. To say much more would be to spoil the game’s unparalleled sense of discovery, but what you’ll uncover is a narrative so devouring that it left us with goosebumps at numerous points during its running time.

What’s most staggering about ICO if you’re coming to it from a fresh perspective is just how much it’s influenced other games. The strongest comparison would most likely be to Playdead’s latest PSN downloadable, LIMBO, which has much in common with ICO’s level design. Elementary puzzles are at the heart of the game’s progression, but it’s in the relationship inbetween the two protagonists that the title indeed finds its lasting presence.

With a quick tap of R1 you’re able to clasp the palm of Yorda, dragging her through the environment with the subtlest of controller rumbles complementing your deeds. It’s perhaps the best implementation of rumble ever to emerge in a movie game, and its meaning is entirely up for interpretation. Some people believe that the rumble indicates the strain on the fragile Yorda as you pull at her brittle assets, but we happen to believe its more akin to the fluttering warmth that passes inbetween two human beings in spite of fine adversity.

ICO is a game scattered with fine imagery, but nothing appeals fairly like the very first time you haul the wistful Yorda across an epic bridge as the wind purrs in your ears. There’s truly nothing else fairly like it in games; it’s a spine-tingling moment that’s underlined by the sheer simpleness of it all.

While ICO and Shadow Of The Colossus aren’t technically connected, there are similarities that indicate they’re the brainchild of the same creator. Both games have a penchant for extravagant, Mayan architecture that represent the non-natural environments in the two campaigns. They also each love pulled out camera angles that emphasise the enormity of each game’s scale.

And no game does scale fairly like Shadow of the Colossus. Originally released in 2005, the game’s drawn-out opening centres on the journey of its protagonist Wander, a worn 20-something adventurer who’s travelled to a barred land in order to bring back the life of his deceased love. Resting her figure on an exuberant stone bed — which serves as a visual reminder of your plight across the game’s ten hour campaign — Wander is informed that he must defeat no fewer than sixteen Colossi in order to restore his companion. The Colossi are gigantic majestic animals that wander the prohibited land.

Like ICO, it’s the plainness of Shadow of the Colossus that underlines its brilliance. There are no mini-bosses, sub-quests or mini games: it’s all about you, your pony and the sixteen boss fights ahead of you.

You’ll need to find the Colossi before you can face them, but gratefully your sword is tooled with a nifty gadget that points you in the direction of each brute when held towards the sun. The game’s Hyrulian hub world is beautiful in its emptiness, spanning long horizons of nothing but fields, deserts and postcard-perfect blue skies. Pelting through the landscape invokes memories of ICO’s sense of loneliness, as there’s nothing to accompany you but the sound of your pony’s hooves hitting the turf below.

Fighting the Colossi is where the game most stuns. With each creature possessing a different look and style, you’ll need to cautiously consider your methods in order to bring the hulking monsters down. Fights are intense, white knuckle rails backed by one of the most powerful musical scores in movie games. The solutions for each boss battle are wonderfully creative too: one requires you to frighten the animal with a searing torch, while another has you hopping inbetween piles and runways in an attempt to crack the enemy’s armour.

Our favourite boss fight comes in the form of Colossus number five, a winged eagle-like foe that resides in a forgotten lake. Here you’ll need to clasp hold of the animal as it swoops down to attack you, and will find yourself clambering across its figure hundreds of feet into the air as the world flies by underneath you.

The game’s imagination is liberated from its technical limitations on the PlayStation Three, with the screen-tearing and framework rate inconsistencies that plagued the title’s original release now no longer a concern. The cleaned up textures don’t hurt either, providing the game’s outstanding art direction room to shine.

Both games are bona fide classics, ensuring ICO & Shadow of the Colossus Collection’s status as a must-own compilation. Stereoscopic 3D support, Trophies and a duo of behind-the-scenes movies (curiously absent from our review copy) help to round out the package, but it’s the inclusion of the definitive versions of two of the greatest games ever designed that makes this collection such a necessary purchase.

Conclusion

If movie games aren’t art, then ICO & Shadow of the Colossus Collection is not a movie game. It’s a staggering compilation of two of the most creative, intimate and emotional lumps of interactive entertainment ever conceived. Bring on The Last Guardian.

ICO – Shadow Of The Colossus Collection Review – PS3, Shove Square

Review: ICO & Shadow Of The Colossus Collection (PS3)

An impeccable, provocative and emotional affair, ICO & Shadow of the Colossus Collection makes a strong argument in favour of interactive art, and does so with such a matter of fact, effortless mentality that it’s unlikely not to fall in love with the practice.

Despite being heralded as two of the finest games ever created, there’s an effortless manner at which both ICO and Shadow of the Colossus go about their business.

It’s with ICO that we embark. Originally released ten years ago, the game centres upon the relationship inbetween a youthfull boy and an ethereal woman named Yorda. It emerges that the boy has been incarcerated in a vast castle after being considered a bad omen by the residents of his native village. Happening upon an escape route, the boy detects the mystical Yorda trapped in a cell, and instantly sets about releasing the chick from her restricts. Together the freshly liberated duo embark on an escapade that sees them attempting to escape from the castle’s captivity. To say much more would be to spoil the game’s unparalleled sense of discovery, but what you’ll uncover is a narrative so devouring that it left us with goosebumps at numerous points during its running time.

What’s most staggering about ICO if you’re coming to it from a fresh perspective is just how much it’s influenced other games. The strongest comparison would very likely be to Playdead’s latest PSN downloadable, LIMBO, which has much in common with ICO’s level design. Elementary puzzles are at the heart of the game’s progression, but it’s in the relationship inbetween the two protagonists that the title indeed finds its lasting presence.

With a quick tap of R1 you’re able to clasp the mitt of Yorda, dragging her through the environment with the subtlest of controller rumbles complementing your deeds. It’s perhaps the best implementation of rumble ever to emerge in a movie game, and its meaning is entirely up for interpretation. Some people believe that the rumble represents the strain on the fragile Yorda as you pull at her brittle assets, but we happen to believe its more akin to the fluttering warmth that passes inbetween two human beings in spite of superb adversity.

ICO is a game scattered with superb imagery, but nothing appeals fairly like the very first time you haul the wistful Yorda across an epic bridge as the wind coos in your ears. There’s truly nothing else fairly like it in games; it’s a spine-tingling moment that’s underlined by the sheer plainness of it all.

While ICO and Shadow Of The Colossus aren’t technically connected, there are similarities that indicate they’re the brainchild of the same creator. Both games have a penchant for extravagant, Mayan architecture that represent the non-natural environments in the two campaigns. They also each love pulled out camera angles that emphasise the enormity of each game’s scale.

And no game does scale fairly like Shadow of the Colossus. Originally released in 2005, the game’s drawn-out opening centres on the journey of its protagonist Wander, a worn 20-something adventurer who’s travelled to a barred land in order to bring back the life of his deceased love. Resting her assets on an exuberant stone bed — which serves as a visual reminder of your plight via the game’s ten hour campaign — Wander is informed that he must defeat no fewer than sixteen Colossi in order to restore his companion. The Colossi are ample majestic animals that wander the prohibited land.

Like ICO, it’s the simpleness of Shadow of the Colossus that underlines its brilliance. There are no mini-bosses, sub-quests or mini games: it’s all about you, your pony and the sixteen boss fights ahead of you.

You’ll need to find the Colossi before you can face them, but gratefully your sword is tooled with a nifty gadget that points you in the direction of each brute when held towards the sun. The game’s Hyrulian hub world is beautiful in its emptiness, spanning long horizons of nothing but fields, deserts and postcard-perfect blue skies. Pelting through the landscape invokes memories of ICO’s sense of loneliness, as there’s nothing to accompany you but the sound of your pony’s hooves hitting the turf below.

Fighting the Colossi is where the game most stuns. With each creature possessing a different look and style, you’ll need to cautiously consider your methods in order to bring the hulking monsters down. Fights are intense, white knuckle rails backed by one of the most powerful musical scores in movie games. The solutions for each boss battle are wonderfully creative too: one requires you to frighten the animal with a searing torch, while another has you hopping inbetween piles and runways in an attempt to crack the enemy’s armour.

Our favourite boss fight comes in the form of Colossus number five, a winged eagle-like foe that resides in a forgotten lake. Here you’ll need to clasp hold of the brute as it swoops down to attack you, and will find yourself clambering across its figure hundreds of feet into the air as the world flies by underneath you.

The game’s imagination is liberated from its technical limitations on the PlayStation Trio, with the screen-tearing and framework rate inconsistencies that plagued the title’s original release now no longer a concern. The cleaned up textures don’t hurt either, providing the game’s outstanding art direction room to shine.

Both games are bona fide classics, ensuring ICO & Shadow of the Colossus Collection’s status as a must-own compilation. Stereoscopic 3D support, Trophies and a duo of behind-the-scenes movies (curiously absent from our review copy) help to round out the package, but it’s the inclusion of the definitive versions of two of the greatest games ever designed that makes this collection such a necessary purchase.

Conclusion

If movie games aren’t art, then ICO & Shadow of the Colossus Collection is not a movie game. It’s a staggering compilation of two of the most creative, intimate and emotional lumps of interactive entertainment ever conceived. Bring on The Last Guardian.

Related video:

How To Earn Bitcoin – ten Ways – one hundred one Websites

How To Earn Bitcoin: ten Ways & one hundred one Websites

  • Cash Poker Pro: Anonymous, Secure Online Poker [ICO crowdsale] – August 28, 2017
  • Iconomi: The Easiest Way to Invest in Cryptocurrency? – August Two, 2017
  • CoinLend: Earn Interest on CryptoCurrency (& USD) with this Fee Free Lending Bot – July Ten, 2017

Today there are almost as many ways to earn bitcoin as there are ways to earn any other kind of money. In one sense that makes this an effortless article to write – its not difficult to learn how to earn bitcoins. In other ways it makes it very raunchy to write, because there is no ‘one-size fits all’ reaction which is going to suite everybody who might end up on this page.

In all honesty the best way to earn bitcoin is just to stop thinking about it as something different from the regular fiat money that you use everyday. How do you get money usually? Well, that is most likely how you should go about earning digital currency as well. But of course I do realize that its not always that elementary. Perhaps you just want to get hold of a puny amount of Bitcoin to attempt it out before buying some. You may also be fighting to earn money at all, and are interested in exploring fresh opportunities within this arousing fresh economy, or using it to supplement your income. And, of course,not very many bosses are going to be blessed to pay you in BTC, so you may not think it is possible for you to earn bitcoin the same way you earn fiat money (hint: it is possible). If any of those screenplays apply to you, then hopefully this page can be of some help, at least pointing you in the right direction.

Because there are so many different opportunities out there, my guide on how to earn bitcoin will not provide a comprehensive list of every single website. Instead I will introduce you to around ten general strategies with some links to a few of the best websites for each one and information about how to find more. The one hundred one websites from the title includes sites listed in other Cryptorials articles which this page links to.

Get Rewarded in Bitcoin for Your Crypto Investment Intelligence

KoCurrency offers cryptocurrency investors the chance to pledge intelligence on intelligence contracts which ask users elementary yes / no investment questions. The platform, amongst other things, acts as a predictions platform that zero’s in on the prediction patterns of the smartest members of the crowd. Users who continuously pledge intelligence correctly will earn Intelligence Tokens which can later be converted into Bitcoin. Users can pledge intelligence on many different subjects including bitcoin, ethereum, litecoin, ripple and more. Essentially, KoCurrency permits users to sell the value they create within the platform in exchange for bitcoin. Take their cyptocurrency predictions platform for a spin.

Get Bitcoin Tips

You’ll find some other tipping platforms further down the page, but I thought it was worth pointing you to the Cryptorials reviews of BitForTip and Zapchain to kick things off. BitforTip is a Q&A site where the best reaction gets a bitcoin peak, and Zapchain is a reddit style social network where you can earn tips for posting and commenting.

Earn Bitcoins From Faucet Websites

If you are just looking for a quick and effortless way to get a puny amount of bitcoin then faucets might be exactly what you are looking for. A faucet is just a website which gives free coins to every visitor. You will have to pack out a captcha to prove you are a real life human being and not an automated bot attempting to game the system, you may need to let your balance build up to a threshold level before the coins are sent (so they aren’t all eaten up by transaction fees), and there will usually be a limit on how often you can claim from each site; but apart from that its just as ordinary as providing your wallet address and asking for some free coins to be sent to you. Some of these site are set up by enthusiasts who just want to introduce fresh people to digital currency, but today most faucets support themselves using advertising placed on the site.

You are certainly not going to earn a living using faucets – even if you are living in a basic wooden hut in the very cheapest location in the world you would most likely not be able to do that. But you can quickly and lightly get a few coins to get yourself began and make a test transaction or two to get familiar with using digital currency without needing to buy any coins.

Here are some of the best faucet websites:cet

  1. Moon Bitcoin – You can choose to claim every five minutes to maximize your earnings over the day, or claim once per day for the highest payout per claim.
  2. FreeBitco.in – One of the longest running faucet sites around, with a generous hourly payout.

Bitcoin Mining

Unless you have access to the best wholesale tens unit prices in the world, you most likely aren’t going to make a profit from buying mining hardware to run at home, albeit some people still like to do it as a joy way to earn bitcoins which also contributes something to running the network.

For others cloud mining is a more realistic alternative – but beware, there has been a number of instances of con artists setting up a fake cloud mining business which is actually just taking people’s money only for the business’s owners to vanish overnight with all the coins. To help you out with finding the real ones and side-stepping the scams we’ve compiled a comparison of what we think are the best cloud mining sites. Using one of these won’t assure you a profit, there are many factors which influence your earnings including the price per coin, hash rate, electrical play price and so on, so make sure you do your homework, but it should give you the best possible embark. There are also some offers and bonuses listed, such as a free welcome bonus you can get just for registering.

GPT Websites and ‘Microtasks’

One step up from faucets are GPT websites where you ‘get paid to’ do various quick tasks, sometimes called ‘microtasks’. Again, you are not going to make a decent living for yourself by using these websites, but if you have time on your forearms and you are looking for something you can embark straight away and proceed to do whenever you have a few spare minutes, and which will earn you a few more coins that you can get from just claiming from faucets, then these sites may be worth a look.

Typically tasks can range from watching youtube movies that somebody is paying to promote, to clicking ad links and spending thirty seconds on a website, to packing out surveys and completing offers, or even doing a little bit of basic data entry.

Here are some of the best sites to ‘get paid to’ do plain tasks:

  1. CoinBucks – A broad range of surveys as well as various promotional offers, some of which require you to make a purchase and some of which just want you to do things like accept a free thirty day trial or download some free software. You may not find a lot of offers you want to finish, but you do get a truly good amount of BTC per suggest.
  2. CoinAd – Get paid to click advert links and spend a certain amount of time on each site (usually thirty seconds or less). I’ve tested out a few similar services and this one seems to have the highest payments.
  3. BitcoinYellowPages – This directory service pays for the microtask of submitting business listings. If you can do a little bit of research and data entry then it might be worth a look.

Earn Bitcoins as a Content Producer

If you can create premium digital content then you will find that Bitcoin provides the flawless way for you to sell it over the internet.

  1. Bittit – If you have photographs or other pictures to sell then you could do worse than to take a look at this site, which provides a market for both stock photos and pornographic photos.
  2. See My Bit – Upload your movies to this site and select your own ‘pay per view’ price.
  3. Streamium – Stream live movie to your fans, charge per 2nd, and get paid directly via the blockchain with no middlemen.
  4. Pastecoin – You can sell any text paste with this service, but it is most commonly used as a market for code snippets and plain website scripts.

Make A Website to Earn Bitcoin

Of course if you are going to produce digital content then you may choose to create your own website rather than permitting somebody else to publish it for you. There are explosions of fine ad networks and affiliate programs that will help you to generate bitcoin revenue from your site. Take a look at these articles for more information and ideas about publishing your own website:

Earn Bitcoins on Social Media

You don’t even need to have your own website to embark generating an income – if you are have a strong social media presence or you fancy yourself as a bit of a marketing guru, you can earn some free coins through social media. Here are some of the best websites that may help you do that:

  • Changetip – This is the most popular platform for tipping across many different social media sites, and even provides you with a custom-built link that you can add to your profile page to receive tips. Post fine content, make yourself useful, and wait for the tips to embark rolling in.
  • Coinurl.com – If you are a prolific link sharer who gets a lot of clicks on everything you share then interstitial ad services like Coinurl suggest you a way to earn coins from every link you share with your followers by placing an ad before the content you are sharing.
  • ⇧ ⇧ ⇧ ⇧ ⇧ ⇧ ⇧ ⇧ – Check out the referral / affiliate programs mentioned in the previous section – you can promote these and earn using social media too!
  • Re 2et in – Get paid in BTC for retweeting sponsored tweets.

Get A Job Which Pays in Bitcoin

  1. Coinality -Global jobs board and the option to upload your resume
  2. Bit Task – Mostly freelance work
  3. CoinDesk Jobs – Well paid total time positions, including listings from some major employers who are willing to pay you in BTC.
  4. BitcoinTalk Services Board – A good place to look for casual and freelance work within the digital currency industry.

Get Your Regular Wage in BTC

If you have a job then you can get paid in Bitcoin. It doesn’t even matter if your boss has never heard of cryptocurrency or even if they are a strident critic of it – you can get your regular wage paid to you in digital currency without your boss even knowing about it. The following services will take your paycheck and either convert the entire thing, or just convert a portion of it, and automatically send the coins to your digital wallet.

  1. BitWage – This is the best known company providing a service like this. They provide you with bank details to give to your employer, then when you get paid they convert whatever percentage you want and send your money to you the next day.
  2. Get Paid in Bitcoin – An Australian service provider which will work with your employer to let them lightly pay your wage the way you want it to be paid.

Sell Stuff

If you are looking for some spare cash to provide a one-off boost to your finances then digging through your old stuff and picking out a few things that you no longer need to sell on over the internet is a good way to go. But of course you can’t just go to eBay if you want to sell your stuff for BTC. Fortunately, there are some good alternatives out there which let you do exactly that. This may also be a fine way for you to embark off your own business if have something that people want to buy. Here are some of the best sites to earn bitcoin by selling stuff online:

  1. CryptoThrift – This site is amongst the most popular auctions sites which let you sell your things for either bitcoin or one of the supported altcoins.
  2. BidBit – Another good ebay-style auction website for bitcoiners.
  3. Shopify – If you want to go beyond just selling a few old things and actually look into setting up your own retail business then Shopify provides one of the world’s most popular ways to set up an online store, and will let you sell for either bitcoin, fiat, or both.
  4. Open Bazaar – This decentralized marketplace provides a way to buy and sell anything for BTC. Here’s why its better than eBay.

Bitcoin Revenue Sharing

Many website today are based around ‘user generated content’. That means they provide a platform, whether its a social network, a blog publishing site, an picture sharing site, or a thousand other things, and their users actually pack it up with useful stuff. To many people that doesn’t seem very fair, because the site’s users are providing most of the value but getting nothing in come back. Revenue sharing is a way to even out that imbalance by paying part of the advertising revenue generated by a lump of content (which could be anything from a social media post to a movie) o the person who originally posted it. There are fountains of revenue sharing sites out there which pay in bitcoin, but here is a selection of the best ones:

  1. BitLanders – A social media website where it truly does pay to share.
  2. Paste4BTC – Get a share of the ad revenue from your text pastes.
  3. Taringa – A Latin American social media site with digital currency revenue sharing

Earn Bitcoins Playing Movie Games

Yes, you read that right – you can get paid to play movie games. Of course you very likely aren’t going to earn all that much, but I can’t think of a more pleasurable way to get paid.

There are actually dozens of sites in this category so if you are interested please take a look at the total list in our Get Paid to Play Movie Games article!

Become A Bitcoin Broker

If you have a bit of capital to commence off with (you don’t need a fortune, but >1 btc at least) then you can set yourself up as a broker, buying and selling coins with other users in your area. You can do this solo through a peer-to-peer marketplace such as local bitcoins, or you can sign up with LakeBTC which is looking for ‘Lake Bankers’ to operate as a kind of broker through their site.

How To Earn Bitcoin – ten Ways – one hundred one Websites

How To Earn Bitcoin: ten Ways & one hundred one Websites

  • Cash Poker Pro: Anonymous, Secure Online Poker [ICO crowdsale] – August 28, 2017
  • Iconomi: The Easiest Way to Invest in Cryptocurrency? – August Two, 2017
  • CoinLend: Earn Interest on CryptoCurrency (& USD) with this Fee Free Lending Bot – July Ten, 2017

Today there are almost as many ways to earn bitcoin as there are ways to earn any other kind of money. In one sense that makes this an effortless article to write – its not difficult to learn how to earn bitcoins. In other ways it makes it very rough to write, because there is no ‘one-size fits all’ reaction which is going to suite everybody who might end up on this page.

In all honesty the best way to earn bitcoin is just to stop thinking about it as something different from the regular fiat money that you use everyday. How do you get money usually? Well, that is very likely how you should go about earning digital currency as well. But of course I do realize that its not always that ordinary. Perhaps you just want to get hold of a petite amount of Bitcoin to attempt it out before buying some. You may also be fighting to earn money at all, and are interested in exploring fresh opportunities within this titillating fresh economy, or using it to supplement your income. And, of course,not very many bosses are going to be blessed to pay you in BTC, so you may not think it is possible for you to earn bitcoin the same way you earn fiat money (hint: it is possible). If any of those screenplays apply to you, then hopefully this page can be of some help, at least pointing you in the right direction.

Because there are so many different opportunities out there, my guide on how to earn bitcoin will not provide a comprehensive list of every single website. Instead I will introduce you to around ten general strategies with some links to a few of the best websites for each one and information about how to find more. The one hundred one websites from the title includes sites listed in other Cryptorials articles which this page links to.

Get Rewarded in Bitcoin for Your Crypto Investment Intelligence

KoCurrency offers cryptocurrency investors the chance to pledge intelligence on intelligence contracts which ask users ordinary yes / no investment questions. The platform, amongst other things, acts as a predictions platform that zero’s in on the prediction patterns of the smartest members of the crowd. Users who continuously pledge intelligence correctly will earn Intelligence Tokens which can later be converted into Bitcoin. Users can pledge intelligence on many different subjects including bitcoin, ethereum, litecoin, ripple and more. Essentially, KoCurrency permits users to sell the value they create within the platform in exchange for bitcoin. Take their cyptocurrency predictions platform for a spin.

Get Bitcoin Tips

You’ll find some other tipping platforms further down the page, but I thought it was worth pointing you to the Cryptorials reviews of BitForTip and Zapchain to kick things off. BitforTip is a Q&A site where the best response gets a bitcoin peak, and Zapchain is a reddit style social network where you can earn tips for posting and commenting.

Earn Bitcoins From Faucet Websites

If you are just looking for a quick and effortless way to get a petite amount of bitcoin then faucets might be exactly what you are looking for. A faucet is just a website which gives free coins to every visitor. You will have to pack out a captcha to prove you are a real life human being and not an automated bot attempting to game the system, you may need to let your balance build up to a threshold level before the coins are sent (so they aren’t all eaten up by transaction fees), and there will usually be a limit on how often you can claim from each site; but apart from that its just as ordinary as providing your wallet address and asking for some free coins to be sent to you. Some of these site are set up by enthusiasts who just want to introduce fresh people to digital currency, but today most faucets support themselves using advertising placed on the site.

You are certainly not going to earn a living using faucets – even if you are living in a basic wooden hut in the very cheapest location in the world you would very likely not be able to do that. But you can quickly and lightly get a few coins to get yourself embarked and make a test transaction or two to get familiar with using digital currency without needing to buy any coins.

Here are some of the best faucet websites:cet

  1. Moon Bitcoin – You can choose to claim every five minutes to maximize your earnings over the day, or claim once per day for the highest payout per claim.
  2. FreeBitco.in – One of the longest running faucet sites around, with a generous hourly payout.

Bitcoin Mining

Unless you have access to the best wholesale electro-stimulation prices in the world, you most likely aren’t going to make a profit from buying mining hardware to run at home, albeit some people still like to do it as a joy way to earn bitcoins which also contributes something to running the network.

For others cloud mining is a more realistic alternative – but beware, there has been a number of instances of con artists setting up a fake cloud mining business which is actually just taking people’s money only for the business’s owners to vanish overnight with all the coins. To help you out with finding the real ones and side-stepping the scams we’ve compiled a comparison of what we think are the best cloud mining sites. Using one of these won’t assure you a profit, there are many factors which influence your earnings including the price per coin, hash rate, electrical play price and so on, so make sure you do your homework, but it should give you the best possible embark. There are also some offers and bonuses listed, such as a free welcome bonus you can get just for registering.

GPT Websites and ‘Microtasks’

One step up from faucets are GPT websites where you ‘get paid to’ do various quick tasks, sometimes called ‘microtasks’. Again, you are not going to make a decent living for yourself by using these websites, but if you have time on your forearms and you are looking for something you can begin straight away and proceed to do whenever you have a few spare minutes, and which will earn you a few more coins that you can get from just claiming from faucets, then these sites may be worth a look.

Typically tasks can range from watching youtube movies that somebody is paying to promote, to clicking ad links and spending thirty seconds on a website, to packing out surveys and completing offers, or even doing a little bit of basic data entry.

Here are some of the best sites to ‘get paid to’ do elementary tasks:

  1. CoinBucks – A broad range of surveys as well as various promotional offers, some of which require you to make a purchase and some of which just want you to do things like accept a free thirty day trial or download some free software. You may not find a lot of offers you want to finish, but you do get a indeed good amount of BTC per suggest.
  2. CoinAd – Get paid to click advert links and spend a certain amount of time on each site (usually thirty seconds or less). I’ve tested out a few similar services and this one seems to have the highest payments.
  3. BitcoinYellowPages – This directory service pays for the microtask of submitting business listings. If you can do a little bit of research and data entry then it might be worth a look.

Earn Bitcoins as a Content Producer

If you can create premium digital content then you will find that Bitcoin provides the ideal way for you to sell it over the internet.

  1. Bittit – If you have photographs or other photos to sell then you could do worse than to take a look at this site, which provides a market for both stock photos and pornographic pictures.
  2. Observe My Bit – Upload your movies to this site and select your own ‘pay per view’ price.
  3. Streamium – Stream live movie to your fans, charge per 2nd, and get paid directly via the blockchain with no middlemen.
  4. Pastecoin – You can sell any text paste with this service, but it is most commonly used as a market for code snippets and elementary website scripts.

Make A Website to Earn Bitcoin

Of course if you are going to produce digital content then you may choose to create your own website rather than permitting somebody else to publish it for you. There are explosions of good ad networks and affiliate programs that will help you to generate bitcoin revenue from your site. Take a look at these articles for more information and ideas about publishing your own website:

Earn Bitcoins on Social Media

You don’t even need to have your own website to commence generating an income – if you are have a strong social media presence or you fancy yourself as a bit of a marketing guru, you can earn some free coins through social media. Here are some of the best websites that may help you do that:

  • Changetip – This is the most popular platform for tipping across many different social media sites, and even provides you with a custom-made link that you can add to your profile page to receive tips. Post superb content, make yourself useful, and wait for the tips to commence rolling in.
  • Coinurl.com – If you are a prolific link sharer who gets a lot of clicks on everything you share then interstitial ad services like Coinurl suggest you a way to earn coins from every link you share with your followers by placing an ad before the content you are sharing.
  • ⇧ ⇧ ⇧ ⇧ ⇧ ⇧ ⇧ ⇧ – Check out the referral / affiliate programs mentioned in the previous section – you can promote these and earn using social media too!
  • Re 2et in – Get paid in BTC for retweeting sponsored tweets.

Get A Job Which Pays in Bitcoin

  1. Coinality -Global jobs board and the option to upload your resume
  2. Bit Task – Mostly freelance work
  3. CoinDesk Jobs – Well paid total time positions, including listings from some major employers who are willing to pay you in BTC.
  4. BitcoinTalk Services Board – A fine place to look for casual and freelance work within the digital currency industry.

Get Your Regular Wage in BTC

If you have a job then you can get paid in Bitcoin. It doesn’t even matter if your boss has never heard of cryptocurrency or even if they are a strident critic of it – you can get your regular wage paid to you in digital currency without your boss even knowing about it. The following services will take your paycheck and either convert the entire thing, or just convert a portion of it, and automatically send the coins to your digital wallet.

  1. BitWage – This is the best known company providing a service like this. They provide you with bank details to give to your employer, then when you get paid they convert whatever percentage you want and send your money to you the next day.
  2. Get Paid in Bitcoin – An Australian service provider which will work with your employer to let them lightly pay your wage the way you want it to be paid.

Sell Stuff

If you are looking for some spare cash to provide a one-off boost to your finances then digging through your old stuff and picking out a few things that you no longer need to sell on over the internet is a good way to go. But of course you can’t just go to eBay if you want to sell your stuff for BTC. Fortunately, there are some superb alternatives out there which let you do exactly that. This may also be a good way for you to begin off your own business if have something that people want to buy. Here are some of the best sites to earn bitcoin by selling stuff online:

  1. CryptoThrift – This site is amongst the most popular auctions sites which let you sell your things for either bitcoin or one of the supported altcoins.
  2. BidBit – Another excellent ebay-style auction website for bitcoiners.
  3. Shopify – If you want to go beyond just selling a few old things and actually look into setting up your own retail business then Shopify provides one of the world’s most popular ways to set up an online store, and will let you sell for either bitcoin, fiat, or both.
  4. Open Bazaar – This decentralized marketplace provides a way to buy and sell anything for BTC. Here’s why its better than eBay.

Bitcoin Revenue Sharing

Many website today are based around ‘user generated content’. That means they provide a platform, whether its a social network, a blog publishing site, an photo sharing site, or a thousand other things, and their users actually pack it up with useful stuff. To many people that doesn’t seem very fair, because the site’s users are providing most of the value but getting nothing in comeback. Revenue sharing is a way to even out that imbalance by paying part of the advertising revenue generated by a chunk of content (which could be anything from a social media post to a movie) o the person who originally posted it. There are fountains of revenue sharing sites out there which pay in bitcoin, but here is a selection of the best ones:

  1. BitLanders – A social media website where it indeed does pay to share.
  2. Paste4BTC – Get a share of the ad revenue from your text pastes.
  3. Taringa – A Latin American social media site with digital currency revenue sharing

Earn Bitcoins Playing Movie Games

Yes, you read that right – you can get paid to play movie games. Of course you very likely aren’t going to earn all that much, but I can’t think of a more pleasurable way to get paid.

There are actually dozens of sites in this category so if you are interested please take a look at the utter list in our Get Paid to Play Movie Games article!

Become A Bitcoin Broker

If you have a bit of capital to embark off with (you don’t need a fortune, but >1 btc at least) then you can set yourself up as a broker, buying and selling coins with other users in your area. You can do this solo through a peer-to-peer marketplace such as local bitcoins, or you can sign up with LakeBTC which is looking for ‘Lake Bankers’ to operate as a kind of broker through their site.

How To Earn Bitcoin – ten Ways – one hundred one Websites

How To Earn Bitcoin: ten Ways & one hundred one Websites

  • Cash Poker Pro: Anonymous, Secure Online Poker [ICO crowdsale] – August 28, 2017
  • Iconomi: The Easiest Way to Invest in Cryptocurrency? – August Two, 2017
  • CoinLend: Earn Interest on CryptoCurrency (& USD) with this Fee Free Lending Bot – July Ten, 2017

Today there are almost as many ways to earn bitcoin as there are ways to earn any other kind of money. In one sense that makes this an effortless article to write – its not difficult to learn how to earn bitcoins. In other ways it makes it very raunchy to write, because there is no ‘one-size fits all’ response which is going to suite everybody who might end up on this page.

In all honesty the best way to earn bitcoin is just to stop thinking about it as something different from the regular fiat money that you use everyday. How do you get money usually? Well, that is very likely how you should go about earning digital currency as well. But of course I do realize that its not always that plain. Perhaps you just want to get hold of a petite amount of Bitcoin to attempt it out before buying some. You may also be fighting to earn money at all, and are interested in exploring fresh opportunities within this titillating fresh economy, or using it to supplement your income. And, of course,not very many bosses are going to be glad to pay you in BTC, so you may not think it is possible for you to earn bitcoin the same way you earn fiat money (hint: it is possible). If any of those scripts apply to you, then hopefully this page can be of some help, at least pointing you in the right direction.

Because there are so many different opportunities out there, my guide on how to earn bitcoin will not provide a comprehensive list of every single website. Instead I will introduce you to around ten general strategies with some links to a few of the best websites for each one and information about how to find more. The one hundred one websites from the title includes sites listed in other Cryptorials articles which this page links to.

Get Rewarded in Bitcoin for Your Crypto Investment Intelligence

KoCurrency offers cryptocurrency investors the chance to pledge intelligence on intelligence contracts which ask users elementary yes / no investment questions. The platform, amongst other things, acts as a predictions platform that zero’s in on the prediction patterns of the smartest members of the crowd. Users who continuously pledge intelligence correctly will earn Intelligence Tokens which can later be converted into Bitcoin. Users can pledge intelligence on many different subjects including bitcoin, ethereum, litecoin, ripple and more. Essentially, KoCurrency permits users to sell the value they create within the platform in exchange for bitcoin. Take their cyptocurrency predictions platform for a spin.

Get Bitcoin Tips

You’ll find some other tipping platforms further down the page, but I thought it was worth pointing you to the Cryptorials reviews of BitForTip and Zapchain to kick things off. BitforTip is a Q&A site where the best response gets a bitcoin peak, and Zapchain is a reddit style social network where you can earn tips for posting and commenting.

Earn Bitcoins From Faucet Websites

If you are just looking for a quick and effortless way to get a petite amount of bitcoin then faucets might be exactly what you are looking for. A faucet is just a website which gives free coins to every visitor. You will have to pack out a captcha to prove you are a real life human being and not an automated bot attempting to game the system, you may need to let your balance build up to a threshold level before the coins are sent (so they aren’t all eaten up by transaction fees), and there will usually be a limit on how often you can claim from each site; but apart from that its just as ordinary as providing your wallet address and asking for some free coins to be sent to you. Some of these site are set up by enthusiasts who just want to introduce fresh people to digital currency, but today most faucets support themselves using advertising placed on the site.

You are certainly not going to earn a living using faucets – even if you are living in a basic wooden hut in the very cheapest location in the world you would very likely not be able to do that. But you can quickly and lightly get a few coins to get yourself commenced and make a test transaction or two to get familiar with using digital currency without needing to buy any coins.

Here are some of the best faucet websites:cet

  1. Moon Bitcoin – You can choose to claim every five minutes to maximize your earnings over the day, or claim once per day for the highest payout per claim.
  2. FreeBitco.in – One of the longest running faucet sites around, with a generous hourly payout.

Bitcoin Mining

Unless you have access to the best wholesale electro-therapy prices in the world, you very likely aren’t going to make a profit from buying mining hardware to run at home, albeit some people still like to do it as a joy way to earn bitcoins which also contributes something to running the network.

For others cloud mining is a more realistic alternative – but beware, there has been a number of instances of con artists setting up a fake cloud mining business which is actually just taking people’s money only for the business’s owners to vanish overnight with all the coins. To help you out with finding the real ones and side-stepping the scams we’ve compiled a comparison of what we think are the best cloud mining sites. Using one of these won’t assure you a profit, there are many factors which influence your earnings including the price per coin, hash rate, electro-stimulation price and so on, so make sure you do your homework, but it should give you the best possible embark. There are also some offers and bonuses listed, such as a free welcome bonus you can get just for registering.

GPT Websites and ‘Microtasks’

One step up from faucets are GPT websites where you ‘get paid to’ do various quick tasks, sometimes called ‘microtasks’. Again, you are not going to make a decent living for yourself by using these websites, but if you have time on your mitts and you are looking for something you can begin straight away and proceed to do whenever you have a few spare minutes, and which will earn you a few more coins that you can get from just claiming from faucets, then these sites may be worth a look.

Typically tasks can range from watching youtube movies that somebody is paying to promote, to clicking ad links and spending thirty seconds on a website, to packing out surveys and completing offers, or even doing a little bit of basic data entry.

Here are some of the best sites to ‘get paid to’ do elementary tasks:

  1. CoinBucks – A broad range of surveys as well as various promotional offers, some of which require you to make a purchase and some of which just want you to do things like accept a free thirty day trial or download some free software. You may not find a lot of offers you want to finish, but you do get a indeed good amount of BTC per suggest.
  2. CoinAd – Get paid to click advert links and spend a certain amount of time on each site (usually thirty seconds or less). I’ve tested out a few similar services and this one seems to have the highest payments.
  3. BitcoinYellowPages – This directory service pays for the microtask of submitting business listings. If you can do a little bit of research and data entry then it might be worth a look.

Earn Bitcoins as a Content Producer

If you can create premium digital content then you will find that Bitcoin provides the ideal way for you to sell it over the internet.

  1. Bittit – If you have photographs or other photos to sell then you could do worse than to take a look at this site, which provides a market for both stock photos and pornographic pics.
  2. Witness My Bit – Upload your movies to this site and select your own ‘pay per view’ price.
  3. Streamium – Stream live movie to your fans, charge per 2nd, and get paid directly via the blockchain with no middlemen.
  4. Pastecoin – You can sell any text paste with this service, but it is most commonly used as a market for code snippets and plain website scripts.

Make A Website to Earn Bitcoin

Of course if you are going to produce digital content then you may choose to create your own website rather than permitting somebody else to publish it for you. There are fountains of excellent ad networks and affiliate programs that will help you to generate bitcoin revenue from your site. Take a look at these articles for more information and ideas about publishing your own website:

Earn Bitcoins on Social Media

You don’t even need to have your own website to embark generating an income – if you are have a strong social media presence or you fancy yourself as a bit of a marketing guru, you can earn some free coins through social media. Here are some of the best websites that may help you do that:

  • Changetip – This is the most popular platform for tipping across many different social media sites, and even provides you with a custom-made link that you can add to your profile page to receive tips. Post fine content, make yourself useful, and wait for the tips to commence rolling in.
  • Coinurl.com – If you are a prolific link sharer who gets a lot of clicks on everything you share then interstitial ad services like Coinurl suggest you a way to earn coins from every link you share with your followers by placing an ad before the content you are sharing.
  • ⇧ ⇧ ⇧ ⇧ ⇧ ⇧ ⇧ ⇧ – Check out the referral / affiliate programs mentioned in the previous section – you can promote these and earn using social media too!
  • Re 2et in – Get paid in BTC for retweeting sponsored tweets.

Get A Job Which Pays in Bitcoin

  1. Coinality -Global jobs board and the option to upload your resume
  2. Bit Task – Mostly freelance work
  3. CoinDesk Jobs – Well paid utter time positions, including listings from some major employers who are willing to pay you in BTC.
  4. BitcoinTalk Services Board – A good place to look for casual and freelance work within the digital currency industry.

Get Your Regular Wage in BTC

If you have a job then you can get paid in Bitcoin. It doesn’t even matter if your boss has never heard of cryptocurrency or even if they are a strident critic of it – you can get your regular wage paid to you in digital currency without your boss even knowing about it. The following services will take your paycheck and either convert the entire thing, or just convert a portion of it, and automatically send the coins to your digital wallet.

  1. BitWage – This is the best known company providing a service like this. They provide you with bank details to give to your employer, then when you get paid they convert whatever percentage you want and send your money to you the next day.
  2. Get Paid in Bitcoin – An Australian service provider which will work with your employer to let them lightly pay your wage the way you want it to be paid.

Sell Stuff

If you are looking for some spare cash to provide a one-off boost to your finances then digging through your old stuff and picking out a few things that you no longer need to sell on over the internet is a good way to go. But of course you can’t just go to eBay if you want to sell your stuff for BTC. Fortunately, there are some superb alternatives out there which let you do exactly that. This may also be a fine way for you to begin off your own business if have something that people want to buy. Here are some of the best sites to earn bitcoin by selling stuff online:

  1. CryptoThrift – This site is amongst the most popular auctions sites which let you sell your things for either bitcoin or one of the supported altcoins.
  2. BidBit – Another excellent ebay-style auction website for bitcoiners.
  3. Shopify – If you want to go beyond just selling a few old things and actually look into setting up your own retail business then Shopify provides one of the world’s most popular ways to set up an online store, and will let you sell for either bitcoin, fiat, or both.
  4. Open Bazaar – This decentralized marketplace provides a way to buy and sell anything for BTC. Here’s why its better than eBay.

Bitcoin Revenue Sharing

Many website today are based around ‘user generated content’. That means they provide a platform, whether its a social network, a blog publishing site, an pic sharing site, or a thousand other things, and their users actually pack it up with useful stuff. To many people that doesn’t seem very fair, because the site’s users are providing most of the value but getting nothing in come back. Revenue sharing is a way to even out that imbalance by paying part of the advertising revenue generated by a lump of content (which could be anything from a social media post to a movie) o the person who originally posted it. There are fountains of revenue sharing sites out there which pay in bitcoin, but here is a selection of the best ones:

  1. BitLanders – A social media website where it indeed does pay to share.
  2. Paste4BTC – Get a share of the ad revenue from your text pastes.
  3. Taringa – A Latin American social media site with digital currency revenue sharing

Earn Bitcoins Playing Movie Games

Yes, you read that right – you can get paid to play movie games. Of course you very likely aren’t going to earn all that much, but I can’t think of a more pleasurable way to get paid.

There are actually dozens of sites in this category so if you are interested please take a look at the utter list in our Get Paid to Play Movie Games article!

Become A Bitcoin Broker

If you have a bit of capital to begin off with (you don’t need a fortune, but >1 btc at least) then you can set yourself up as a broker, buying and selling coins with other users in your area. You can do this solo through a peer-to-peer marketplace such as local bitcoins, or you can sign up with LakeBTC which is looking for ‘Lake Bankers’ to operate as a kind of broker through their site.

How To Earn Bitcoin – ten Ways – one hundred one Websites

How To Earn Bitcoin: ten Ways & one hundred one Websites

  • Cash Poker Pro: Anonymous, Secure Online Poker [ICO crowdsale] – August 28, 2017
  • Iconomi: The Easiest Way to Invest in Cryptocurrency? – August Two, 2017
  • CoinLend: Earn Interest on CryptoCurrency (& USD) with this Fee Free Lending Bot – July Ten, 2017

Today there are almost as many ways to earn bitcoin as there are ways to earn any other kind of money. In one sense that makes this an effortless article to write – its not difficult to learn how to earn bitcoins. In other ways it makes it very raunchy to write, because there is no ‘one-size fits all’ reaction which is going to suite everybody who might end up on this page.

In all honesty the best way to earn bitcoin is just to stop thinking about it as something different from the regular fiat money that you use everyday. How do you get money usually? Well, that is very likely how you should go about earning digital currency as well. But of course I do realize that its not always that ordinary. Perhaps you just want to get hold of a puny amount of Bitcoin to attempt it out before buying some. You may also be fighting to earn money at all, and are interested in exploring fresh opportunities within this arousing fresh economy, or using it to supplement your income. And, of course,not very many bosses are going to be glad to pay you in BTC, so you may not think it is possible for you to earn bitcoin the same way you earn fiat money (hint: it is possible). If any of those screenplays apply to you, then hopefully this page can be of some help, at least pointing you in the right direction.

Because there are so many different opportunities out there, my guide on how to earn bitcoin will not provide a comprehensive list of every single website. Instead I will introduce you to around ten general strategies with some links to a few of the best websites for each one and information about how to find more. The one hundred one websites from the title includes sites listed in other Cryptorials articles which this page links to.

Get Rewarded in Bitcoin for Your Crypto Investment Intelligence

KoCurrency offers cryptocurrency investors the chance to pledge intelligence on intelligence contracts which ask users elementary yes / no investment questions. The platform, amongst other things, acts as a predictions platform that zero’s in on the prediction patterns of the smartest members of the crowd. Users who continuously pledge intelligence correctly will earn Intelligence Tokens which can later be converted into Bitcoin. Users can pledge intelligence on many different subjects including bitcoin, ethereum, litecoin, ripple and more. Essentially, KoCurrency permits users to sell the value they create within the platform in exchange for bitcoin. Take their cyptocurrency predictions platform for a spin.

Get Bitcoin Tips

You’ll find some other tipping platforms further down the page, but I thought it was worth pointing you to the Cryptorials reviews of BitForTip and Zapchain to kick things off. BitforTip is a Q&A site where the best reaction gets a bitcoin peak, and Zapchain is a reddit style social network where you can earn tips for posting and commenting.

Earn Bitcoins From Faucet Websites

If you are just looking for a quick and effortless way to get a petite amount of bitcoin then faucets might be exactly what you are looking for. A faucet is just a website which gives free coins to every visitor. You will have to pack out a captcha to prove you are a real life human being and not an automated bot attempting to game the system, you may need to let your balance build up to a threshold level before the coins are sent (so they aren’t all eaten up by transaction fees), and there will usually be a limit on how often you can claim from each site; but apart from that its just as plain as providing your wallet address and asking for some free coins to be sent to you. Some of these site are set up by enthusiasts who just want to introduce fresh people to digital currency, but today most faucets support themselves using advertising placed on the site.

You are certainly not going to earn a living using faucets – even if you are living in a basic wooden hut in the very cheapest location in the world you would very likely not be able to do that. But you can quickly and lightly get a few coins to get yourself commenced and make a test transaction or two to get familiar with using digital currency without needing to buy any coins.

Here are some of the best faucet websites:cet

  1. Moon Bitcoin – You can choose to claim every five minutes to maximize your earnings over the day, or claim once per day for the highest payout per claim.
  2. FreeBitco.in – One of the longest running faucet sites around, with a generous hourly payout.

Bitcoin Mining

Unless you have access to the best wholesale violet wand prices in the world, you most likely aren’t going to make a profit from buying mining hardware to run at home, albeit some people still like to do it as a joy way to earn bitcoins which also contributes something to running the network.

For others cloud mining is a more realistic alternative – but beware, there has been a number of instances of con artists setting up a fake cloud mining business which is actually just taking people’s money only for the business’s owners to vanish overnight with all the coins. To help you out with finding the real ones and side-stepping the scams we’ve compiled a comparison of what we think are the best cloud mining sites. Using one of these won’t ensure you a profit, there are many factors which influence your earnings including the price per coin, hash rate, violet wand price and so on, so make sure you do your homework, but it should give you the best possible embark. There are also some offers and bonuses listed, such as a free welcome bonus you can get just for registering.

GPT Websites and ‘Microtasks’

One step up from faucets are GPT websites where you ‘get paid to’ do various quick tasks, sometimes called ‘microtasks’. Again, you are not going to make a decent living for yourself by using these websites, but if you have time on your palms and you are looking for something you can begin straight away and proceed to do whenever you have a few spare minutes, and which will earn you a few more coins that you can get from just claiming from faucets, then these sites may be worth a look.

Typically tasks can range from watching youtube movies that somebody is paying to promote, to clicking ad links and spending thirty seconds on a website, to packing out surveys and completing offers, or even doing a little bit of basic data entry.

Here are some of the best sites to ‘get paid to’ do ordinary tasks:

  1. CoinBucks – A broad range of surveys as well as various promotional offers, some of which require you to make a purchase and some of which just want you to do things like accept a free thirty day trial or download some free software. You may not find a lot of offers you want to accomplish, but you do get a indeed good amount of BTC per suggest.
  2. CoinAd – Get paid to click advert links and spend a certain amount of time on each site (usually thirty seconds or less). I’ve tested out a few similar services and this one seems to have the highest payments.
  3. BitcoinYellowPages – This directory service pays for the microtask of submitting business listings. If you can do a little bit of research and data entry then it might be worth a look.

Earn Bitcoins as a Content Producer

If you can create premium digital content then you will find that Bitcoin provides the ideal way for you to sell it over the internet.

  1. Bittit – If you have photographs or other photos to sell then you could do worse than to take a look at this site, which provides a market for both stock photos and pornographic pics.
  2. See My Bit – Upload your movies to this site and select your own ‘pay per view’ price.
  3. Streamium – Stream live movie to your fans, charge per 2nd, and get paid directly via the blockchain with no middlemen.
  4. Pastecoin – You can sell any text paste with this service, but it is most commonly used as a market for code snippets and ordinary website scripts.

Make A Website to Earn Bitcoin

Of course if you are going to produce digital content then you may choose to create your own website rather than permitting somebody else to publish it for you. There are fountains of superb ad networks and affiliate programs that will help you to generate bitcoin revenue from your site. Take a look at these articles for more information and ideas about publishing your own website:

Earn Bitcoins on Social Media

You don’t even need to have your own website to embark generating an income – if you are have a strong social media presence or you fancy yourself as a bit of a marketing guru, you can earn some free coins through social media. Here are some of the best websites that may help you do that:

  • Changetip – This is the most popular platform for tipping across many different social media sites, and even provides you with a custom-built link that you can add to your profile page to receive tips. Post fine content, make yourself useful, and wait for the tips to begin rolling in.
  • Coinurl.com – If you are a prolific link sharer who gets a lot of clicks on everything you share then interstitial ad services like Coinurl suggest you a way to earn coins from every link you share with your followers by placing an ad before the content you are sharing.
  • ⇧ ⇧ ⇧ ⇧ ⇧ ⇧ ⇧ ⇧ – Check out the referral / affiliate programs mentioned in the previous section – you can promote these and earn using social media too!
  • Re 2et in – Get paid in BTC for retweeting sponsored tweets.

Get A Job Which Pays in Bitcoin

  1. Coinality -Global jobs board and the option to upload your resume
  2. Bit Task – Mostly freelance work
  3. CoinDesk Jobs – Well paid total time positions, including listings from some major employers who are willing to pay you in BTC.
  4. BitcoinTalk Services Board – A fine place to look for casual and freelance work within the digital currency industry.

Get Your Regular Wage in BTC

If you have a job then you can get paid in Bitcoin. It doesn’t even matter if your boss has never heard of cryptocurrency or even if they are a strident critic of it – you can get your regular wage paid to you in digital currency without your boss even knowing about it. The following services will take your paycheck and either convert the entire thing, or just convert a portion of it, and automatically send the coins to your digital wallet.

  1. BitWage – This is the best known company providing a service like this. They provide you with bank details to give to your employer, then when you get paid they convert whatever percentage you want and send your money to you the next day.
  2. Get Paid in Bitcoin – An Australian service provider which will work with your employer to let them lightly pay your wage the way you want it to be paid.

Sell Stuff

If you are looking for some spare cash to provide a one-off boost to your finances then digging through your old stuff and picking out a few things that you no longer need to sell on over the internet is a good way to go. But of course you can’t just go to eBay if you want to sell your stuff for BTC. Fortunately, there are some fine alternatives out there which let you do exactly that. This may also be a fine way for you to begin off your own business if have something that people want to buy. Here are some of the best sites to earn bitcoin by selling stuff online:

  1. CryptoThrift – This site is amongst the most popular auctions sites which let you sell your things for either bitcoin or one of the supported altcoins.
  2. BidBit – Another fine ebay-style auction website for bitcoiners.
  3. Shopify – If you want to go beyond just selling a few old things and actually look into setting up your own retail business then Shopify provides one of the world’s most popular ways to set up an online store, and will let you sell for either bitcoin, fiat, or both.
  4. Open Bazaar – This decentralized marketplace provides a way to buy and sell anything for BTC. Here’s why its better than eBay.

Bitcoin Revenue Sharing

Many website today are based around ‘user generated content’. That means they provide a platform, whether its a social network, a blog publishing site, an picture sharing site, or a thousand other things, and their users actually pack it up with useful stuff. To many people that doesn’t seem very fair, because the site’s users are providing most of the value but getting nothing in come back. Revenue sharing is a way to even out that imbalance by paying part of the advertising revenue generated by a chunk of content (which could be anything from a social media post to a movie) o the person who originally posted it. There are fountains of revenue sharing sites out there which pay in bitcoin, but here is a selection of the best ones:

  1. BitLanders – A social media website where it truly does pay to share.
  2. Paste4BTC – Get a share of the ad revenue from your text pastes.
  3. Taringa – A Latin American social media site with digital currency revenue sharing

Earn Bitcoins Playing Movie Games

Yes, you read that right – you can get paid to play movie games. Of course you most likely aren’t going to earn all that much, but I can’t think of a more pleasant way to get paid.

There are actually dozens of sites in this category so if you are interested please take a look at the utter list in our Get Paid to Play Movie Games article!

Become A Bitcoin Broker

If you have a bit of capital to commence off with (you don’t need a fortune, but >1 btc at least) then you can set yourself up as a broker, buying and selling coins with other users in your area. You can do this solo through a peer-to-peer marketplace such as local bitcoins, or you can sign up with LakeBTC which is looking for ‘Lake Bankers’ to operate as a kind of broker through their site.

Related video:

Digital currency, Learning Bitcoin: BitxBit

Learning Bitcoin: BitxBit

Day thirty – Mister B is Missing.

Since the Holiday Season has begun, I’ve stopped receiving assignments from Mister B.

I’m still reeling a bit from Assignment #6: Greed. The different levels of greed associated with money — consumerism, controlling wealth, politics, energy, etc — are a lot sickening. It got me thinking about how the latest interest in Bitcoin (including my own) have been largely based on greed.

No one cared about Bitcoin when it was worth $Three or even $100 (again, myself included). Even however it is designed to alleviate a bit of this control of wealth, bank greed and be a precursor for economic freedom from our current economic system, the majority of people didn’t pay attention until it was surging with monetary value. And still then, no one cared about its other values.

Everyone was interested because they dreamed to know how they could make money from it. People witnessed it as an investment scheme; they eyed it as a way to make a quick buck. This is part of the reason Bitcoin is being looked at as a commodity instead of a currency.

Actually, I shouldn’t say everyone. People who are in absolute economic despair, like Argentina and other countries, have commenced to faithfully adopt this “Crimson Cross of Currencies” for use as a real alternative currency. Because they have to. But we shouldn’t have to totally lose trust and faith in our current systems, before we embark looking for redemption. Right?

You can see how up-in-arms I get when I get going. So, I’m okay with not hearing from Mister B at the moment. Besides, I’ve got some stuff to catch up on and Christmas presents to buy (Hey there, Consumerism)– with Bitcoin, of course!

Buying Bitcoin via Coinbase

At some point in this Bitcoin game, I’m guessing you will want to buy and/or sell BTC. Maybe you’ve had enough of the acute ups and downs; maybe you want to buy more while the price is down. Unlike what my friend thinks — that it’s a confusing and complicated process — it’s actually super-duper effortless. If you now how to transfer money online, use Paypal or use online bill pay, You Got This.

Firstly, let me explain something. While I know there are numerous ways to buy/sell/trade BTC on the interwebs, I use Coinbase. It’s plain, effortless and my bank accounts are already linked. There’s not crazy hoops to hop through, or other weird shit like I’ve heard happens on Mt. Gox. I suggest this to anyone who, like me, is a bit of a Bitcoin novice.

Buying the Bitcoin via Coinbase

It’s indeed just three steps:

1. Log-in to Coinbase.

Two. Click the link to buy BTC and inject how many BTC you want to buy.

Four. Confirm your purchase.

Step 1: Log-in to Coinbase.com

Instantaneously after logging into Coinbase, the home screen for your wallet pops up. The majority of the screen lists the transactions to/from your specific account. If you haven’t made any, then it will look something like this:

You can click on the very first link in the Quckstart Guide to embark buying BTC!

Step Two: Figure Out How Much You Want to Buy

You can either click on the “Buy your very first bitcoin” link in the Quickstart Guide or head over to the left screen and click “Buy/Sell” under the General menu heading. Welcome to the purchase screen!

You MUST verify and link a bank account to purchase Bitcoin. You can also link your credit card for later purchases.

Here is what I think is the thickest misconception of buying Bitcoin.

YOU DO NOT HAVE TO BUY ONE Entire BITCOIN!

We think in terms of round numbers: $1 or 5¢, but Bitcoin is different. They are very divisible. So, maybe you don’t want to spend $657 (or whatever the exchange is) to get embarked in Bitcoin. YOU DON’T HAVE TO. Feel free to buy some random fraction of a Bitcoin. Buy .187 BTC or .666 BTC — whatever you want.

If you aren’t near a calculator, once you’ve entered an amount, they will automatically calculate its equivalent in USD — and showcase you all the ugly fees that come with your purchase.

But I thought BTC didn’t charge fees?

It doesn’t but since we are using Coinbase, a third-party service, so they can charge whatever they want. And it actually finishes up seeming like a lot if you ask me. But what do I know?

Step Three: Confirm & Wait.

Before you confirm your purchase, a screen will pop up with your purchase details and the planned date of deposit into your wallet. It is usually inbetween 3-4 business days, which is annoying because I don’t truly see what the hold up is.

It’s significant (and maybe evident) to note that you are paid out on the value of the BTC at the time of purchase. Which can be excellent if the value drops and a bummer if it goes higher. Thems the cracks!

Joy Fact! Coinbase calculates the value of exchange at the EXACT time of purchase. For example: Inbetween the time I plugged in my purchase amount to the five or ten seconds it took for me to go through the confirmation process my BTC were worth $Ten more! And the amount was adjusted and once again confirmed with me.

Want to know about Selling Bitcoin through Coinbase?

Update: There are thresholds to how many BTC you can buy and sell within a day, so be sure to check that out before you attempt being a large baller.

Day nine – Assignment #Two – Creating A Blockchain Wallet

This is not my wallet, but I wish it was.

When I very first looked at the Blockchain site, I almost instantaneously closed the browser tab. It looked so plain to me, but the kind of elementary that seemed to warn, “You better know what you are doing if you are going to use this site!”

It took me a duo days, and the promise of delicious BTC being transferred to me, to embark my Blockchain wallet. After a fairly brief drop over the weekend, the value of BTC seemed to be climbing up again.

I dreamed to get my forearms on some as soon as possible.

Turns out, setting up an online wallet on Blockchain was like a bazillion times lighter than on Coinbase. Who knew?

Embark a fresh wallet: They make it a little too effortless here providing you two lightly accessible buttons to click, both directing you to the fresh wallet set up. So, take the crimson pill or the blue pill, both the “Create My Free Wallet” and the “Commence a Fresh Wallet” button end up in the same place. How comforting.

That’s About It: Just pack in your email* and a password and capatcha — deciphering this sonofabitch can be the hardest part of all this — you get an email link to your shiny fresh wallet!

* If you want to stay a little anonymous, just for the mystery of it, get a “fake” BitMessageaccount and commence the undercover party.

Once you log-in to your account, your BTC address is lightly found (along with its lifemate, a matching QR code).

Like it says, this is your BTC address. So store it away, send it away and see the BTC come rolling in (hopefully). Note: This is a DEMO address.

To Link Accounts or To Not Link (Bank) Accounts?

I chose to NOT link my bank account to this address — mostly in spirit of the game/experiment/just ’cause. My Coinbase account is already linked to my bank account so I don’t see the need. Personally, I’d rather just remain mysterious on Blockchain. Why? Because I can, I guess. But you can do whatever you want.

I get it, some of you are visual learners. Check out Blockchain.info’s Demo Account with working links within the site to help you get a feel for the site’s user-friendliness and look.

Day four – Assignment #Two // Creating a Coinbase Account

Day four – Thursday, November 7th, 2013

Mister B assumed (correctly) that I would want to get my grubby forearms on some Bitcoin (BTC) ASAP. I recall back a few months ago when they spiked up to around $200 each, I miraculously found this old sheet of paper, folded once, still crisp from neglect. I was attempting to find out how many Bitcoin he had given me back in 2011, and how much they were worth now. I dreamed to cash them, at least some of them, out so I could, you know, pay my bills.

Unluckily, when I opened the folded sheet of paper, I had no idea what I was looking at. It was a bunch of different random coded lines and QR codes. I didn’t even know what to Google to attempt to figure out what it all meant. Instead, I sadly folded my unknown possible fortune back up and hid it away. There must be a simpler way, I thought.

Assignment #Two – Research How to Receive Bitcoin. Make Two Online Wallets And Send Mister B the Addresses.

My help this time:

My suggestion is to set up a coinbase.com account and a blockchain.info [wallet]. Once you have set up the wallets send me the bitcoin addresses.

Well, you can’t receive Bitcoin without a place to have them sent.

I instantly typed in coinbase.com and blockchain.info into my browser. I was both excited and a little frightened, maybe paranoid. The blockchain website looked scary and confusing, so I headed to Coinbase. The very first thing I noticed on Coinbase was the price of exchange. My eyes widened. It was dancing unbelievably close to $250. (I wouldn’t realize until later that Coinbase’s value charts are usually always less than other sites like the Bitcoin exchange site, Mt. Gox. To learn about Bitcoin value, read this.)

Coinbase.com is a good introductory site for people wanting to ease into the world of Bitcoin transactions. It is a type of online “wallet” for your Bitcoin account. I didn’t need any prior Bitcoin anythings — no address, no account, no nothing — to get commenced. I just simply signed up for an account. It is the Apple computer of internet wallet sites.

Register: After you’ve entered your email address and preferred password on the homepage, waited for and then clicked on the verification link in your email, and accepted the user agreement, you are taken straight to a Transactions page where a handy Quick Commence Guide can walk you through linking Coinbase to your bank account, a necessary evil to buy Bitcoin or exchange it into regular spending cash.

Link Your Bank Account: I was a little hesitant at very first to be linking anything to my bank account, but I figured I would have to take th e plunge eventually and there’s no time like the present, so… I linked both my checking and savings account via the instructions in the Buy/Sell menu link. As of now you can link a checking, savings and business checking account to the site. I was even more hesitant to link my phone number, but I realized it was also for security purposes. Adding a phone number* permits for two-factor authentication which adds an extra layer of protection against people attempting to build up access to your account. You can learn more about it here.

*I actually had an annoying time getting my verification code sent to me via text. I just wasn’t receiving the texts. However, once I requested a phone call for the verification code, it was sleek sailing.

Create a Bitcoin Address: So, you can’t do much without a Bitcoin address — which should be looked at as an account number. It’s the place your Bitcoins hangout and wait to be spent or hop up and down in value. Coinbase makes creating an address super ordinary, so even however I had some crazy confusing address on that sheet of paper from years back (and since I had no clue how to get it inwards the computer), I created a fresh one. That’s one of the beauties of Bitcoin — you can have as many addresses as you want. Make one for everything you do if you want, bounce as many as your nimble arms can treat, if you want. Since I’ve never been excellent at bouncing, I determined to commence with just the one.

On the left menu, under Account Settings, I clicked under the visible tab of Bitcoin Addresses. There was a bunch of stuff on there that I overlooked (like the “callback urls”) because I figured I should wait to use them until I knew what they were for. So, I lodged for clicking the +Create Fresh Address button. And Bam! I had a Bitcoin address. Display me the money.

If you are an organization enthusiast or generally nosey, clicking the Details button to the right of the Bitcoin address will pop open a screen that permits you to label your Bitcoin address. This is very recommended to keep track of your accounts. No one wants to stare at a string of random letters and numbers, attempting to recall which one is which.

The only weird thing I notice so far with Coinbase is that I’m not fairly sure where my private key is. And this worries me. But more importantly, I copied my shiny fresh address into a BitMessage and patiently waited to receive my very first transaction.

Update: Your private key is like the password to your address. It is required to spend your Bitcoin. You should never share this information. And unluckily, some sites, like Coinbase, keep this information stored on their server — whether or not you create your address with them — causing your wallet to be less secure.

Day one – My Secret Message

I woke up in the middle of the night to urinate. As habit dictates, I grab my phone to check my messages along the way. My eyes scarcely open, they bashful away from the light of my phone. There is a message from a weird address containing nonsensical order of characters and with an offensive subject line.

My very first Bitmessage.

I press on the email and am expecting to find a jumbled set of characters that I have to break like the da Vinci code, but its just a regular email. Part of me is disappointed, part of me is eased its lighter than I thought to send an encrypted message, and the last part of me is still half sleeping and wants to come back to bed.

I skim the paragraphs of words. Even tho’ I am tired, I have no idea what I am reading. The jargon is foreign, the concepts twist my brain. I determine that right now, on the toilet, mid-pee, is no way to attempt to decypher this message. I go back to bed and leave behind all about it.

I wake up and don’t recall my mysterious email until about an hour or two. I grab my phone, and check again. Its no lighter to comprehend than a few hours earlier. But my mission is clear, if I choose to accept it: Create a Bitmessage account and send an encrypted message to a different weird looking address listed in the email. Listen to a Udemy.com lesson on Bitmessage and familiarize myself with the concept of crypto.

I feel shocked. I feel like a lab rat. The articles idea has now been switched for an experiment on instructing the luddite monkey how to learn Bitcoin.

But I also, as I stared at this weird email I didn’t truly understand, I felt like a secret agent.

Day zero – Life Before Bitcoin

I have a friend who has been into Bitcoin for the last few years. Before the blogs, before the news coverage, before they were mentioned on Prime Time television dramas. He got in on them at $.Ten each. He told me to buy some.

A few years ago, I found myself crashing on his couch after a long time spent oversees. And he was still rattling on about this bitcoin business. It had come a long way over the last five or six years, but I just associated it with computer geeks, or experimental nerds. People that sat hunched over at their computer screens in the pitch black of 4am except for the dim glow of a PC monitor illuminating their face. Illuminating a secret world.

Bitcoin was so far off my radar that from the beginning even the most rudimentary information bounced of my brain like a nickel. Duo my lack of technical understanding with my embarrassingly low level of economics skill and you’ve got one dumb idiot blankly staring back at you. But he never gave up. He kept talking. Things kept bouncing. He even bought me $25 dollars worth of Bitcoin, five at $Five each — always looking out for me.

A few months later they rose to $8.

He called me. “You should indeed buy more Bitcoin. They are going up in value.” I didn’t understand how. But again armed with my keen understanding of basic economics, I rationed that since they had already almost doubled in price, I most likely couldn’t afford to buy any. “I think I missed the boat on them”, I said into a silent phone.

A few weeks ago, Bitcoin reached $200 each. Fuck me.

Today they are almost at $350. I still don’t know how. I still don’t understand why. But I do know this world is switching, and I damn sure better know a bit more about Bitcoin if I am going to get through.

So I wrote this friend tonight. I wrote because he mentioned wanting me to write Bitcoin articles for him. And since I could use the money, because I “missed the boat” way back when, I asked him if he still dreamed to hire me to write for his blog. I wasn’t sure how I could write anything about something I fresh so little about, but I was up for the challenge. Or I could attempt and fake it.

What did I know about Bitcoin? Well, I knew it was a digital currency created out of lean air. I knew it was used on the internet to buy drugs or something. I knew it had substantially risen in value over the last few years. But that’s about it.

I shoved send feeling like a failure. I shoved send and had no idea what a rail I would be taken on over the next few months as BitXBitcoin took form.

Related video:

Coinbase, Instant Exchange

Coinbase

Instant Exchange

Instant Exchange permits you to send bitcoin and pay for it with your local currency from the same page. You can also receive bitcoin and Coinbase will execute an instant sell in the background. The sell will credit funds to your local currency wallet.

Instant Exchange is a excellent instrument for people who want to use bitcoin but choose to cash out instantaneously to fiat currency. The fiat currency value of each conversion transaction, after Coinbase’s conversion fee, will be reflected in your USD, EUR, and/or GBP wallets. Instant Exchange is supported only for users who hold fiat currency wallets with Coinbase.

How does it work?

Instant Exchange is just a different way to use Coinbase's existing Conversion Service. For example, when you wish to instantly purchase and send bitcoin using Instant Exchange, you can simply click on the "Send/Request" tab in your Coinbase Account, identify the recipient, and indicate the amount of bitcoin or USD-equivalent you wish to transfer. By selecting your USD Wallet as the funding source, when you confirm the transaction you will (a) use Coinbase's Conversion Service to purchase a corresponding amount of bitcoin, and then (b) instantaneously transfer the bitcoin from your Coinbase Account to the recipient.

On the roll side, you can also use Instant Exchange to instantly sell bitcoin which you receive into your Coinbase Account. Using the same “Send/Request” feature, you can generate a unique bitcoin address for this purpose. Instant Exchange will then permit you to use that address to (a) receive bitcoin from the payer into your Coinbase Account, and (b) instantly sell the bitcoin using Coinbase's Conversion Service. This is a good way to use the Bitcoin payment network.

What are the fees?

Coinbase’s standard Conversion Fee applies to all bitcoin purchase and sale transactions. There are no extra fees for use of Instant Exchange.

For example, if you wish to use Instant Exchange to send $15-worth of bitcoin to a recipient, the total amount debited from your USD wallet will be $15.15: the amount of USD you wish to convert into bitcoin plus Coinbase’s Conversion Fee. This works the same way in switch roles, so if you receive $15-worth of bitcoin and sell it instantaneously using Instant Exchange, then your USD wallet will be credited $14.85: the USD-value of the bitcoin you converted into USD, minus Coinbase’s Conversion Fee. As always, you can loosely fiat currency from your Coinbase Account back to your own bank account without charge from Coinbase (for ACH transfers; for list of all withdrawal fees, please see this page).

What are the thresholds?

Instant Exchange is just another way to use Coinbase’s Conversion Service, so your standard buy/sell thresholds will apply. You therefore will not be able to exceed your weekly or aggregate buy boundaries when you use Instant Exchange to purchase and send bitcoin. It is also significant to recall that you cannot use Instant Exchange to receive and sell bitcoin in excess of your weekly or aggregate sell thresholds. If you receive an amount of bitcoin for Instant Exchange whose conversion would exceed your weekly or aggregate sell limit, all of the bitcoin will be received into your default bitcoin wallet and no conversion will occur. You can separately initiate a bitcoin sell transaction in an amount that does not exceed your sell limit.

You can check your buy/sell boundaries by logging into your Coinbase Account and visiting this page.

Can I send or receive bitcoin like this using my linked bank account?

Not yet, but we are working on this feature.

I use Coinbase Merchant Services. Will anything switch?

Nothing switches on the merchant side of things. We are just extending and expanding Instant Exchange to the rest of our customers.

Related video:

Can I buy bitcoin with euro or do I need to switch it to dollars?

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Yes certainly, You can use any currency whatever you like. That's how powerful the bitcoin is. You need not to switch your currency. It's just an effortless peasy!

My advise you must pick of your choose of local bitcoin websites. It's also your choice if you pick more that one.

Choose whatever you think that is established enough. That has a good feedback, reliable and effortless to access

In my private practice, I picked randomly.

I have been in a bitcoin for duo of months now. The progress is superb.

I eyed I site that has excellent feedback to all its clients. I'm interested to begin with a fresh one. I think they are superb. Here is their website; https://paxful.com/

You can buy using any currency.

  • Coinbase (worst exchanger ?)
  • cexio (horrible customer service and two weeks verification delay)
  • bitstamp (takes time to verify your account, and to credit deposits, slow support)
  • paxful (you do not want to know that website)

Yes you can. You can buy Bitcoin and Ethereum from International Exchanges like Bitcoin Exchange, Trading BTC USD, BTC EUR – CEX.IO ,Lake BTC , HitBTC , using your Credit Card / Debit Card / Wire Transfer / Paypal / Skrill .

Bitcoin Exchange, Trading BTC USD, BTC EUR – CEX.IO is the best Destination to buy Ethereum. The Current price is 353$ , it is growing like anything.

You can buy Ripple from Kraken .

If you want to convert BTC to Ethereum/Monero/Ripple then use Changelly or Cryptonator .

Yes, you can buy Bitcoins with Euro on CEX.IO Bitcoin exchange. For that, you can use your VISA/MasterCard payment card in Euros and buy Bitcoins for Euro right on the website, just like any good on the web.

Our exchange possesses PCI DSS certificate that ensures safety of payment card data.

We’ll be glad to see you among our customers!

You can buy Bitcoin with euro and many other currencies at SpectroCoin . They even suggest Bitcoin debit card that permits you to spend bitcoin in all places that accept VISA or MasterCard.

You can buy it with the currency that you want, but it’s lighter with CAD, Euro, GBD, NOK and maybe with other currencies, but for those it’s effortless.

I give an example.

I can buy Bitcoin with CAD with Coinbase or Quadriga CX in Canada.

It costs me 3–5% with Coinbase to buy bitcoins and I can’t sell it (for cash) in Canada, but you can in the USA and in some countries.

With Quadriga (Only in Canada), it costs 0.5% to buy in 3–7 days or 2% to buy and get your bitcoin instantaneously, to sell your bitcoins for cash, it costs 0.5% and you get the money in 2–5 days.

I can send you my bitcoins from Coinbase to your Coinbase Account and you can see the balance in bitcoin and Euro (or the currency that you want).

You can receive the bitcoin instantaneously and for free inbetween Coinbase member.

But you sell your bitcoins for cash in Europe, so you withdraw your bitcoins on LocalBitcoins and sell them for 3–12% or for bounty cards for 20–50% fees.

So you can say, hey I need a fresh TV, I need 700$, so you sell your bitcoins for 700$ Amazon Bounty cards, you take 35% fees, so it costs you 455$ in Bitcoins, you did 245$ in fees or profit.

You can also sell your bitcoins for another currency on Poloniex, you have two choices.

You buy a fresh cryptocurrency with your bitcoins like Golem, Stellar, Ripple, Siacoin, Burstcoin, ShadowCash, Ethereum, Dash, Litecoin, UBQ, if you don’t want to wait, you pay 0.02% fee, if you wait that someone take your suggest, you pay nothing.

With another cryptocurrency that is at like 0.Ten cent or 1$, if it goes up to 100$, you made 1000x or 100x your cash, if it goes up to 1000$, you made ten 000x or 1000x your cash.

You can also go in an ATM,

You can also lend your bitcoins

If you are in the Philippines, you can use Coin.PH , I think it’s the best Bitcoin company I eyed, the only issue is that it’s the best company but in Phippilines not outside, they need to expand.

You can also buy a Bitcoin Card with Spectrocoin and buy and sell bitcoins for 1%, they have a card in US, Euro and GBP.

The other card that are also good is Cryptopay and Coinbase in the US.

The fresh cards are going to be indeed nice, Token and Monaco.

You can also ask who want to buy or sell bitcoins on your Facebook wall, a lot of people are interested, especially when you are Truly in this world for more than three months, your friends switches.

You can also use BitStamp in the Euro Zone, otherwise it costs too much, it’s truly cheap with SEPA transfer, but it takes time 1–3 days, with Credit card it costs too much according to me, 8% and 5% if you buy 5000euro and more.

The debit card costs truly too much, it’s not an good option according to me, I choose the other cards and the only service that I found to buy bitcoins at good price with a credit card is Coinbase, otherwise it’s 7% and more.

…I don’t buy bitcoins and get them from my company, so I sell them, I choose to use a way that I make money when I sell them :P.

Related video:

Blockchain, simply explained

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Blockchain is a secured and reliable technology, operating on a peer-to-peer basis (i.e. with connected computer systems), which is used to confidently stock and share data or list transactions. It enables to perform transactions in a relatively swift and cost-effective manner. It is a distributed, see-through (but pseudo-anonymous) cryptographic ledger, deemed unforgeable, that keeps records of all transactions, without involvement of a central intermediary, each transaction being verified by the network participants.

When verified, the transaction is added to a block of other verified transactions. The block is then immutably added to the distributed ledger in a linear and chronological order. This is where the term “chain” comes from. The chain may be public (e.g. bitcoin blockchain) or private (i.e. access limited to members of a private network).

Said transactions may concern cryptocurrencies (e.g. bitcoin) or any other kind of digital assets or digital representations of a physical asset, so-called “tokens”.

While traditional ledgers are centralised, meaning that the ledger holder (the central intermediary) controls the system and mediates every transaction, with the blockchain technology, each network participant holds a copy of the ledger and participates to the approval of the transactions. Consequently, while corrupting a “traditional” ledger implies getting to the central ledger holder (the centralised intermediary), corrupting a blockchain would imply attacking all copies of the ledger at the same time because of the distributed nature of the ledger. The fattest “added” value of the blockchain technology may well refer to trust. Rather than helping you building trust, blockchain technology makes trust irrelevant.

How does a blockchain basically work?

Fresh transactions (e.g. A would like to send ten bitcoins to B) are grouped within blocks. Each block is verified and validated by the “knots” (network participants) or so-called “miners” using elaborate cryptotechnics which will depend on the type of blockchain (in our bitcoin transaction example: the miners will verify that A is indeed proprietor of ten bitcoins and once this is confirmed, the transaction is validated and visible for B and the other network participants; B thus becomes the holder of said ten bitcoins). Blockchain security methods use encryption technology.

Network participants are incentivised to perform the verification and approval tasks, mostly by receiving fees or fresh cryptocurrencies. If a discrepancy is found, the block is rejected. Otherwise validated transactions (in the block) are time-stamped and added to the chain, in a linear and chronological order, making a chain of transactions (or a chain of blocks) that shows every and all transactions in the history of that blockchain.

What are possible uses of a blockchain?

Originally, the blockchain technology has been used for cryptocurrency transactions. The potential of the blockchain technology goes, however, far beyond cryptocurrencies. This technology may basically be used for any types of transaction involving value (money, goods, real estate, etc.) or for unforgeable databases or registers. Blockchain technology may be applied to any transaction or operation where traceability and visibility is required (e.g. casting votes in election, proving that a document existed at a certain time or that a person is the legitimate possessor of an asset, proving origin of a product within a supply chain, etc.).

It may also be used for contracts that will be automatically executed, without human intervention (so-called “smart contracts”). Not fully clear what that is? Go after us on our Linkedin Page and stay tuned for the next gig: Brainy Contracts simply explained.

Related video:

Blockchain, Bitcoin, and Ethereum ELI5 (Explained Like I – m Five)

Blockchain, Bitcoin, and Ethereum ELI5 (Explained Like I'm Five)

Blockchain is a ledger of transactions that everyone possesses and contributes to.

Bitcoin is a digital currency with a immovable supply built on blockchain technology, and has a few nice features that people like so they give it value.

Ethereum is a platform that lets anyone build “decentralized applications” on top of their blockchain technology, and runs on its own currency called Ether.

Interested in investing? I wrote a guide for buying NEO, one of the most popular up-and-coming cryptocurrencies backed by China, as well as a guide for buying BNB, the cryptocurrency for one of the top crypto exchanges in the world.

It embarked with Bitcoin: the very first mainstream digital currency that exploded into popularity in 2013, when the price of a single Bitcoin (BTC) went from $Ten to over $1000 at its peak. Over the next year, BTC’s constant decline back, losing 75% of its value to $250, was identically as tumultuous.

What is Bitcoin exactly? Read on.

Bitcoin ELI5

Bitcoins are digital coins that only have value if people give it value; this means that if no one would trade you anything for a Bitcoin, then it would be worthless. So why do people give Bitcoin any value? In brief,

Bitcoins are scarce (there will only ever be twenty one million of them). Scarcity means that no central authority, like the US government for US dollars, can create more coins to inflate away your current Bitcoin value. People (called “Miners”) earn Bitcoins by helping verify Bitcoins that are sent have not already been sent elsewhere (via the blockchain), which also means that once we reach the twenty one million limit, sending Bitcoins will cost more Bitcoins (usually a fraction of one) as a fee paid to Miners to keep them working.

Bitcoins are prompt to transact in (sending a coin to someone else takes ten minutes to verify). Prompt transactions means you can send and receive money without going through a third party like a bank. Handing over real cash is obviously swifter, but then you would need to carry cash around and transact in person. If someone sends you a Bitcoin, you can trust that it has not already been sent elsewhere because a Miner will have verified that Bitcoin and told everyone else that the Bitcoin now belongs to you. Everyone knows where any Bitcoins are at any point in time.

Bitcoins are anonymous (no one knows who you are or how many Bitcoins you have). Anonymity means you can do what you want with your Bitcoins without anyone else knowing. Of course, if you tell someone what your wallet ID is, then they can trace all transactions from that wallet back to you. So don’t tell anyone which wallet is yours if you want privacy. You can create as many different wallets as you want.

All of those factors make Bitcoins a currency that people can use for buying and selling things, and possibly for storing wealth.

Buying Bitcoin

Want to buy some yourself? There are tons of ways to get bitcoin, but the easiest way is to use the most established crypto platform in the USA, Coinbase.

Help me help you! Sign up for Coinbase using my referral code (already linked) and we both get $Ten!

On Coinbase, you’ll be able to purchase BTC using conventional fiat methods including PayPal, Bank Account (US), and Credit/Debit Card; each has different buying times and thresholds, generally the longer the buying time the higher the limit.

Now that you know something about Bitcoin, how does the digital currency actually work? Underneath it all is something called Blockchain. Here are some high-level concepts of the underpinning technology without gory technical details.

Blockchain ELI5

Bitcoin is built on top of a technology called a blockchain. Think of a blockchain as a digital ledger of transactions, with a copy stored on every single user’s computer. Every time a fresh transaction takes place, a fresh record is added to the ledger, and an update is beamed out to the rest of the network in a peer-to-peer style. In this way, a blockchain gets decentralization since everyone has a copy of the ledger. No single entity has monopoly over the validity of transactions which also means there is no single point of failure, barring some apocalyptic event. If someone offers me a unit of cash of a currency built on a blockchain, I can simply check the current state of that blockchain’s ledger to see if the unit of cash is valid one and has not already been spent. If it is indeed valid, then I accept the transaction, add a fresh record to my ledger, and send an update of the fresh state to the other knots in our network.

And that’s a blockchain. Ordinary in concept and with many ways to implement for use cases. A lot of hard problems need to be solved for successful implementations, and Bitcoin is just presently the most popular of them.

A big question at this point is when there are conflicts in the ledger, how do we know which version is correct? My version says a transaction took place, while yours shows a different one. This conflict is the double-spending problem, an evident method to attempt and manipulate the system. Blockchain technology inherently does not solve this problem; implementations do. Bitcoin, for example, solves the double-spending problem by using proof-of-work. ↩

There’s lots to learn in this post. To help you reminisce, check out my app Harvest, the easiest way to grow your mind. You can write or highlight any text and the app will automatically send you reminders so you can optimize your long-term memory and learning (Add from Chrome store).

And now we get to the fresh kid on the block(chain), Ethereum. Investors and the public are treating it like another digital currency, but Ethereum can do a lot more than that.

Ethereum ELI5

If Bitcoin was made as a fresh currency for people, then Ethereum was made as a fresh application platform for people. What does application platform mean? It means anyone can build any kind of application on top of Ethereum, and use Ethereum’s blockchain as its “digital ledger” to store information. So yes – if you dreamed to, you could build your very own Bitcoin version on top of Ethereum.

Because we still need “Miners” (people ie. their computers) to validate transactions flowing across the network, we need to make sure Miners are still incentivized to do so. Bitcoin used Bitcoins as a prize. Ethereum has a similar concept – its main currency is called ether (ETH). Ether can be sent back and forward inbetween accounts, just like Bitcoins, and Miners validate each transaction to make sure an ETH hasn’t already been sent elsewhere, receiving a bit of ETH as their prize.

The thickest feature with Ethereum however, and the one that makes it an application platform instead of a mere currency, is that there can be accounts wielded by code (called “wise contracts”) and not wielded by people. How does that work? We said earlier that anyone can build any application; accounts possessed by code are exactly these applications, written by people and doing things using ETH as fees for doing them.

An example of an application is a “crowdsale” – say you want to raise a certain amount of money from people for a project or product, Kickstarter style. By specifying a target amount and a deadline, participants can pledge ETH to an account, which in turn will hold the ETH and only release the ETH to your account if it hits the target amount by the deadline. Otherwise the ETH is returned.

Ethereum’s popularity (and price) has grown monstrously in the very first half of 2017, as fresh applications are being created and investors and the public become more aware of its features. Look forward to continued innovation in this space!

Blockchain is a ledger of transactions that everyone possesses and contributes to.

Bitcoin is a digital currency with a immovable supply built on blockchain technology, and has a few nice features that people like so they give it value.

Ethereum is a platform that lets anyone build “decentralized applications” on top of their blockchain technology, and runs on its own currency called Ether.

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Blockchain Week in Review – May 26, two thousand seventeen – Virtual Currency Report

Virtual Currency Report

Blockchain Week in Review – May 26, two thousand seventeen

Below is a summary of some of the significant legal and regulatory deeds that occurred over the past week. This alert is not intended to be a comprehensive list of all such developments, but rather a selection of publicly-reported news that may be of particular interest.

Vermont Law Recognizes Digital Currency as a Permissible Investment

Earlier this month, Vermont Governor Phil Scott signed a bill into law which made clear that bitcoin and other digital currencies are considered permissible investments under the state money transmitter licensing requirements. The fresh law defines eligible digital currency as “stored value that can be a medium of exchange, a unit of account or a stored value; has an equivalent value in money or acts as a substitute for money; may be centralized or decentralized; and can be exchanged for money or other convertible [digital] currency.” VT H.182

Florida to Enact Law Adding Digital Currency to Money Laundering Act

The Florida Legislature unanimously approved an amendment to the state’s criminal money laundering statue, which clarifies the statute’s definition of “virtual currency” and makes it a criminal offense to use virtual currency in laundering criminal proceeds. The legislation is presently with Florida’s governor awaiting signature. Assuming the bill is signed by the governor, the statute is scheduled to take effect July 1, 2017. HB one thousand three hundred seventy nine Text; HB one thousand three hundred seventy nine History; Four.28.17 Week-in-Review; Source.

West Virginia Lawmakers Finish Bill Criminalizing the use of Cryptocurrencies for Money Laundering

The West Virginia legislature has ended work on a bill that would make it a felony to use cryptocurrency for money laundering. The purpose of the bill is to “create criminal offenses relating to money laundering.” WV HB2585 Summary The bill defines “cryptocurrency” as “digital currency in which encryption mechanisms are used to regulate the generation f units of currency and verify the transfer of funds, and which operate independently of a central bank.” The bill also adds the term cryptocurrency into the definition of “monetary instruments.” Any property or monetary instruments involved with violating the freshly proposed bill would be subject to forfeiture. WV HB2585 Text HB2585 passed both the House and the Senate in West Virginia. The governor approved the bill, and the House added the statute’s text to Chapter fifty seven of its Regular Session Acts this week. WV HB2585 History

Congress Considers Bill Requiring Investigation of the use of Virtual Currency and Terrorism

Representative Kathleen Rice (D-NY) introduced HR two thousand four hundred thirty three to the House of Representatives this month, a bill that would direct the Secretary of Homeland Security for Intelligence and Analysis to develop and disseminate a threat assessment regarding terrorist use of virtual currency. The investigation would need to evaluate the actual and potential threat posed by individuals using virtual currency to carry out activities in furtherance of an act of terrorism.

Fresh York Files Lawsuit against OCC Fintech Charter

The Fresh York Department of Financial Services (“NYDFS”) filed an independent lawsuit challenging the OCC Fintech Charter. This lawsuit comes on the high-heeled shoes of another lawsuit challenging the legality of the proposed OCC Charter, filed by the Conference of State Bank Supervisors (“CSBS”). Four.28.17 Week-in-Review. NYDFS Superintendent Maria T. Vullo announced that lawsuit, filed in NY federal court, challenged “the decision of the Office of the Comptroller of the Currency (OCC) to grant special-purpose national bank charters to undefined ‘fintech’ companies.” The NYDFS complaint seeks “to stop the OCC from granting charters to institutions subject to Fresh York State law that provide financial services to Fresh York consumers based on the OCC’s unidentified and sweeping array of commercial ventures never before authorized or regulated by the OCC.” The NYDFS release describes the OCC’s charter decision as “lawless, ill-conceived, and destabilizing of financial markets that are decently and most effectively regulated by Fresh York and other State regulators.” NYDFS Press Release May 12, 2017. The CSBS issued a statement in support of NYDFS’s lawsuit against the OCC. CSBS May 12, two thousand seventeen Statement.

Congress Questions the IRS’s John Doe Subpoena for Coinbase

Last week, senior Republicans in Congress sent a letter to the Commissioner of the Internal Revenue Service, which suggested that the agency had overstepped its powers by requesting information about the IRS’s strategy for digital currency and latest events surrounding the IRS’s summons to Coinbase. The letter points out that the IRS issued guidance in two thousand fourteen indicating that digital currency would be treated as property for tax purposes, but by 2016, the agency had not yet developed a comprehensive digital currency tax strategy. In late 2016, however, the IRS issued a summons to the digital currency exchange Coinbase, which required the records of all American Coinbase customers who conducted transactions in convertible digital currency from 2013-2015. Sen. Orrin Hatch (R-UT), Rep. Kevin Brady (R-TX), and Rep. Vern Buchanan (R-FL) signed the letter, where the legislators “strongly” questioned “whether the IRS has actually established a reasonable basis to support the mass production of records for half a million people.” Fearing that the summons sets a “dangerous precedent for companies facilitating virtual currency transactions that could be subject to a similar summons,” the legislators also remarked that based “on the information before us, this summons seems overly broad, utterly burdensome, and very intrusive to a large population of individuals.” Members of the Senate Committee on Finance and House Committee on Ways and Means requested a briefing from the IRS on these issues. Letter from Congress to IRS, dated May 17, 2017; Two.Trio.2017 Week in Review; 12.Two.2016 Week in Review.

CFTC Announces Plans to open an Office for Fintech Innovation

The U.S. Commodity Futures Trading Commission (“CFTC”) announced its plan to open LabCFTC. This office will be the “focal point for the CFTC’s efforts to promote responsible Fintech innovation and fair competition for the benefit of the American public.” LabCFTC will provide a dedicated point of contact for Fintech innovators to engage with the CFTC, learn its regulatory framework, and obtain feedback and information about implementing technology ideas into the market based on existing law, CFTC regulation, and policy. To do this, the CFTC plans to: proactively engage with the innovator community to better understand how innovations interact with the regulatory and supervisory framework, collaborate with the industry and market participants to coordinate responsible innovation, participate in studies to foster responsible innovation, cooperate with financial regulators at home and overseas, monitor trends to ensure the regulatory framework does not stifle innovation, as well as engage with academics, students, and professionals to share information about the industry. LabCFTC will be located in Fresh York and is intended to “bridge the gap” inbetween today’s regulations and regulations for the 21st century for today’s digital markets. LabCFTC

Dubai Regulators Announce Special Testing License for Fintech Startups

The Dubai Financial Services Authority (“DFSA”) released plans detailing its Innovation Testing License (“ITL”) on Wednesday. Under this plan, Fintech startups in Dubai will be permitted to test their products under a restricted financial services license for 6-12 months, a period which can be extended by the DFSA. Successful applicants would then be required to obtain a total financial services license to proceed formally operating, and firms that fail to meet the required outcomes will have to cease activities. This fresh license creates, in essence, a regulatory sandbox that will permit startups to experiment with fresh ideas with a improvised exemption from the standard regulatory requirements that regulated companies face. Source; Source

Indian Government Requests Public Comment on Virtual Currency Regulation

The Indian Government invites constituents to comment and make suggestions on the use of virtual currency within India. The Indian Ministry of Finance made the announcement via its Twitter account on May 20, 2017, which invited public involvement in the future of virtual currency regulation. The Ministry is accepting input until May thirty one and is specifically looking for input on the following questions: (1) whether virtual currencies should be banned, regulated or observed? (Two) if virtual currencies should be regulated, how should India treat consumer protection, promote the development of virtual currency, and which institution should monitor? And (Three) if virtual currencies should not be regulated, how should they be self-regulated effectively and what measures should be taken to ensure consumer protection? Since 2013, the Indian government has issued several warnings to the public to be aware of the risks of virtual currencies. However, since the country has been demonetizing, many citizens have been using virtual currencies as an alternative to the Rupee. Source

Regulators in Gibraltar Propose Fresh Government Regulatory Framework for Digital Currency

The government of Gibraltar announced its purpose to establish itself as a hub of the Fintech sector and that it has made a public commitment to widely consult with the private sector and other interested parties to achieve that objective. The HM Government of Gibraltar, Ministry for Commerce, issued a paper entitled Proposals for a DLT Regulatory Framework, which investigates a regulatory treatment for the country to take that (1) provides regulatory certainty while meeting the challenge of regulating firms using the rapidly evolving technology, (Two) permits firms to grow and adapt while ensuring it does so securely, (Three) protects consumers and Gibraltar’s reputation, (Four) leverages Gibraltar’s standing as a quality financial center, (Five) does not compromise Gibraltar’s regulatory environment, (6) supports fresh firms seeking to embark up in Gibraltar, (7) encourages overseas enterprises to establish operations in Gibraltar, and (8) recognizes the need for “speed to market” in the authorization process of these firms. The paper establishes nine principles the country will require DLT firms to go after to ensure that the plan’s regulatory outcomes are achieved. The Minister for Commerce, Hon. Albert Isola, stated that he was delighted to publish the proposals for widespread public consumption and that he looked forward to receiving comments from the public. Public comments on the plan are due by June 6, 2017. Press Release; Proposals for a DLT Regulatory Framework

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Blockchain: five Key Concepts, Fintech Finance

Blockchain: five Key Concepts

By Dinis Guarda

Bockchain technology seems to be the buzzword of the day. Governments, entrepreneurs business people and banks, all have been paying attention and even allocating resources and investment to better understand and develop what sounds like the data structural holy grail of the future.

Blockchain promises to produce a shift in the current computing paradigm because it has the potential to become the infrastructure catalyst for the creation of decentralised applications.Blockchain can be seen as the next-step evolution from distributed computing architectural constructs, to a global database of data and interfaces, integrating all kinds of machines and sources of data.

But what is Blochain after all? In this introductory guide we review five key concepts that explain what blockchain is and why it is so revolutionary.

Five Key Concepts

In order to understand well blockchain one needs to grip the following five key concepts, how they interrelate to one another, and how they might provide us with a fresh computing paradigm.

Blockchain- five key concepts Infographic by Intelligenthq

Those five concepts are:

  • Blockchain
  • Decentralized databases applications consensus
  • Brainy contracts
  • Proof of work/stake.
  • Trusted advanced computing

As we all know blockchain technology began with the bitcoin. Bitcoin is a a peer-to-peer electronic payments system, also known as a cryptocurrency, that permits people to make instant, anonymous transactions online.

The unique characteristic of bitcoin is that it records every single transaction made on its network in a public record. This is known as the “blockchain”. A fresh blockchain is created every ten minutes. That blockchain is afterwards collective via the network. The chain is permanently growing, because each ended “blocks” is added to the public ledger. There are an infinite number of blocks on the blockchain, because as soon as one block gets finished, another is automatically generated. Each block tho’, contains a “hash”, which is a unique fingerprint of the previous code.

Two. Decentralised Databases Applications Consensus

Blockchain’s potential for the development of decentralised database applications consensus is based on the unique characteristics of the technology, as outlined previously.

What is used to secure the authentication of the source of the transaction is cryptography, through the hash codes. There is never a duplicate recording of the same transaction. As such, the need for a central intermediary is not there any more. This cracks with the paradigm of centralised consensus ( when one central database is used to rule transaction validity). As John Reed, former chairman and CEO of Citibank acknowledges:

“A decentralised scheme, on which the bitcoin protocol is based, transfers authority and trust to a decentralized virtual network and enables its knots to continuously and sequentially record transactions on a public “block,” creating a unique “chain”: this is the inception and keywords genesis for blockchain.”

Another way to put it is to think of blockchain as a meta database where you store any data semi-publicly in a linear container space (the block). Anyone can verify that you’ve placed that information because the container has a given signature on it, but only the person that created that bloc or a program can unlock what’s inwards the container because only that person holds the private keys to that data, securely. So, the blockchain is sort of a database, except that part of the information stored — its “header” — is available to the public. Here the public, of course, means a computer scientist or software engineer, knowing how to use it and how to access its APIs and different flows.

Distributed ledger taxonomy Infographic by Intelligenthq

William Mougayar, who wrote the book “The Business Blockchain” explains this with a superb metaphor for Blockchain, which is how it is based on one’ s own home address. One can publish hers or his home address publicly, but that doesn’t give any information about what the home looks like on the inwards. You’ll need your private key to come in your private home, and since you have claimed that address as yours, no one else can claim the same address as theirs.

The value of decentralised databases applications consensus is enormous and it promises to disrupt the current ecosystem that tends to the monopoly. Companies like eBay, Facebook and Uber are very valuable because they benefit tremendously from the network effects that come from keeping all user information centralised in private silos and how they act as middle studs taking a cut of all the transactions.

Decentralised protocols on top of the blockchain have the potential to undo every single part of the stacks that make these services valuable to consumers and investors. They can do this by, for example, creating common, decentralised data sets to which any one can buttplug into, and enabling peer-to-peer transactions powered by bitcoin and other cryptocurrencies.

A number of promising companies have already begun working on the protocols that will disrupt the business models of the companies above. One example is Lazooz, a protocol for real-time rail sharing and another is OpenBazaar, a protocol for free, decentralised peer-to-peer marketplaces.

Infographic by Intelligenthq

A scaled blockchain is something that starts proving a fresh global (somehow still science fiction) ecosystem. For this the clever contracts are the building blocks for decentralized applications.

Brainy contracts are contracts whose terms are recorded in a computer language instead of legal language. Wise contracts can be automatically executed by a computing system, such as a suitable distributed ledger system. The potential benefits of brainy contracts include low contracting, enforcement, and compliance costs; consequently it becomes economically viable to form contracts over numerous low-value transactions.

So the question behind Bitcoin and Blockchain is why depend on a central authority when two (or more) parties can agree inbetween themselves, and when they can bake the terms and implications of their agreement programmatically and conditionally, with automatic money releases when fulfilling services in a sequential manner, or incur in penalties if not fulfilled?

Clever contracts Infographic by Intelligenthq

Proof of stake (PoS) is a method by which a cryptocurrency blockchain network aims to achieve distributed consensus. While the proof of work (PoW) method asks users to repeatedly run hashing algorithms or other client puzzles to validate electronic transactions, proof-of-stake asks users to prove ownership of a certain amount of currency (their “stake” in the currency). Peercoin was the very first cryptocurrency to launch using proof-of-Stake. With Proof of Work, the probability of mining a block depends on the work done by the miner (e.g. CPU/GPU cycles spent checking hashes). With Proof of Stake, the resource that’s compared is the amount of Bitcoin a miner holds – someone holding 1% of the Bitcoin can mine 1% of the “Proof of Stake blocks”. According to Bitcoin wiki Proof of Stake is one way of switching the miner’s incentives in favour of higher network security.

Five. Trusted advanced computing

The integration of all the different concepts outlined here, namely, the blockchain, decentralised consensus and clever contracts, enables the spreading of the resources and transactions laterally, in a plane, peer to peer manner, and in doing that,they are enabling computers to trust one another at a deep level.

If institutions and central organizations are necessary nowadays as trusted authorities, in the future, a certain number of their central functions can be codified via clever contracts that are governed by decentralised consensus on a blockchain.

Namely, due to the blockchain’s role as the unequivocal validator of transactions, each peer can proceed and trust one another, because the rules of trust, compliance, authority, governance, contracts, law, and agreements live on top of the technology.

If you prompt forward to a not-too-distant future, wise contracts and wise property will be created, dispensed or executed routinely inbetween consenting parties, without either of them even knowing that blockchain technology was the trusted intermediary. “Trusted computing” on the Web seems to be a key tenet of the fresh crypto-driven paradigm.

Related video:

http://www.youtube.com/watch?v=ln2FmlRUrs8

Bitcoin: The Digital Currency, in Nepal – Rigo Technology Blog

Bitcoin: The Digital Currency, in Nepal

Bitcoin: The Digital Currency, is considered as a payment system typically used as a peer-to-peer virtual transaction of money. The current value of this digital currency is $300 – $500, which hiked to $1200 in two thousand thirteen and failed to $100 in 2014. The fluctuation in the value of the Bitcoin hinted for a failure, but the financial markets of United States such as central banks, Silicon Valley and Wall Street are taking Bitcoin earnestly. Economists around the world now believe this technology is going to switch every industry that involves trust.

Bitcoin is a digital token that moves around and can be traded on a network of computers, scarce in itself as only twenty one million Bitcoins ever be created. Every transactions are recorded in a ledger continually maintained around the world, like so the value of each Bitcoin which originally embarked with fifty cents turn into gold rush value. This peer-to-peer payment system has made it possible for payment from one country to another without hassle of the currency exchange. It’s the same way people use credit card for the transactions, with anonymity. Recalling the history of Bitcoin, it actually commenced its network from Silk road, a drug-dealing website. Bitcoin made it possible for illegal transactions inbetween untrustworthy people for drugs and gambling, and each transaction went through every single time. Even tho’ it is considered as Black mark for Bitcoin’s history, it is here to stay to switch the monetary deals. To own a bitcoin, one must be on Bitcoin network with compatible computing resources, called mining. With the constant mining some bitcoins are generated and provided to the miners.

In the year 2009, Nepal embarked to use Bitcoin for online transactions. Previously few companies like Harilo, Bitcoin Nepal Private Limited, Hulas Remittance and few restaurants in Kathmandu traded/accepted Bitcoins for transactions.В Later on the year 2014, Central Bank of Nepal prohibitedВ use/buying and selling of Bitcoins as illegal, but no official documents have been published so far and people have been using Bitcoins for trading.

The website www.bitcoinxnepal.com is particularly trading/exchanging Bitcoin in Nepal. The clients can buy services and items which is not possible to buy from Nepalese market.

Few of the people are using Social Networking sites such as Facebook for this process.

Some people are trading Bitcoin for Top up Recharge codes of Ncell Mobile Operator Company ofВ Nepal.

During the devastating Earthquake that hit Nepal on April 2015, Bitcoin Community donated using Bitcoin for the victims.

Drawbacks of Bitcoin for Nepal

  • While trading Nepalese Currency into Bitcoins, there is no any such governing/monitoring figures that can prevent the flow of Nepalese currency into International Market.
  • The applications/software bought using Bitcoins cannot be proved genuine, which can also be maliciously coded to grab sensitive information of the victim.
  • Buying Top up recharge codes using Bitcoins cannot be proved genuine, as the codes may or may not work after payment.
  • В Regarding the donation received from Bitcoin Community during Earthquake 2015, there is no transparency of amount received and distributed to the victim.

Basically Bitcoin has created a thicker influence in people’s lives with the unlikely transaction process conjointly posing threat of Cyber-criminals and scammers because of the anonymity it provides.

Bitcoin: The Digital Currency, in Nepal – Rigo Technology Blog

Bitcoin: The Digital Currency, in Nepal

Bitcoin: The Digital Currency, is considered as a payment system typically used as a peer-to-peer virtual transaction of money. The current value of this digital currency is $300 – $500, which hiked to $1200 in two thousand thirteen and failed to $100 in 2014. The fluctuation in the value of the Bitcoin hinted for a failure, but the financial markets of United States such as central banks, Silicon Valley and Wall Street are taking Bitcoin earnestly. Economists around the world now believe this technology is going to switch every industry that involves trust.

Bitcoin is a digital token that moves around and can be traded on a network of computers, scarce in itself as only twenty one million Bitcoins ever be created. Every transactions are recorded in a ledger continually maintained around the world, like so the value of each Bitcoin which originally commenced with fifty cents turn into gold rush value. This peer-to-peer payment system has made it possible for payment from one country to another without hassle of the currency exchange. It’s the same way people use credit card for the transactions, with anonymity. Recalling the history of Bitcoin, it actually embarked its network from Silk road, a drug-dealing website. Bitcoin made it possible for illegal transactions inbetween untrustworthy people for drugs and gambling, and each transaction went through every single time. Even tho’ it is considered as Black mark for Bitcoin’s history, it is here to stay to switch the monetary deals. To own a bitcoin, one must be on Bitcoin network with compatible computing resources, called mining. With the constant mining some bitcoins are generated and provided to the miners.

In the year 2009, Nepal began to use Bitcoin for online transactions. Previously few companies like Harilo, Bitcoin Nepal Private Limited, Hulas Remittance and few restaurants in Kathmandu traded/accepted Bitcoins for transactions.В Later on the year 2014, Central Bank of Nepal prohibitedВ use/buying and selling of Bitcoins as illegal, but no official documents have been published so far and people have been using Bitcoins for trading.

The website www.bitcoinxnepal.com is particularly trading/exchanging Bitcoin in Nepal. The clients can buy services and items which is not possible to buy from Nepalese market.

Few of the people are using Social Networking sites such as Facebook for this process.

Some people are trading Bitcoin for Top up Recharge codes of Ncell Mobile Operator Company ofВ Nepal.

During the devastating Earthquake that hit Nepal on April 2015, Bitcoin Community donated using Bitcoin for the victims.

Drawbacks of Bitcoin for Nepal

  • While trading Nepalese Currency into Bitcoins, there is no any such governing/monitoring bods that can prevent the flow of Nepalese currency into International Market.
  • The applications/software bought using Bitcoins cannot be proved genuine, which can also be maliciously coded to grab sensitive information of the victim.
  • Buying Top up recharge codes using Bitcoins cannot be proved genuine, as the codes may or may not work after payment.
  • В Regarding the donation received from Bitcoin Community during Earthquake 2015, there is no transparency of amount received and distributed to the victim.

Basically Bitcoin has created a thicker influence in people’s lives with the unlikely transaction process conjointly posing threat of Cyber-criminals and scammers because of the anonymity it provides.

Bitcoin: The Digital Currency, in Nepal – Rigo Technology Blog

Bitcoin: The Digital Currency, in Nepal

Bitcoin: The Digital Currency, is considered as a payment system typically used as a peer-to-peer virtual transaction of money. The current value of this digital currency is $300 – $500, which hiked to $1200 in two thousand thirteen and failed to $100 in 2014. The fluctuation in the value of the Bitcoin hinted for a failure, but the financial markets of United States such as central banks, Silicon Valley and Wall Street are taking Bitcoin gravely. Economists around the world now believe this technology is going to switch every industry that involves trust.

Bitcoin is a digital token that moves around and can be traded on a network of computers, scarce in itself as only twenty one million Bitcoins ever be created. Every transactions are recorded in a ledger continually maintained around the world, like so the value of each Bitcoin which originally commenced with fifty cents turn into gold rush value. This peer-to-peer payment system has made it possible for payment from one country to another without hassle of the currency exchange. It’s the same way people use credit card for the transactions, with anonymity. Recalling the history of Bitcoin, it actually commenced its network from Silk road, a drug-dealing website. Bitcoin made it possible for illegal transactions inbetween untrustworthy people for drugs and gambling, and each transaction went through every single time. Even however it is considered as Black mark for Bitcoin’s history, it is here to stay to switch the monetary deals. To own a bitcoin, one must be on Bitcoin network with compatible computing resources, called mining. With the constant mining some bitcoins are generated and provided to the miners.

In the year 2009, Nepal commenced to use Bitcoin for online transactions. Previously few companies like Harilo, Bitcoin Nepal Private Limited, Hulas Remittance and few restaurants in Kathmandu traded/accepted Bitcoins for transactions.В Later on the year 2014, Central Bank of Nepal prohibitedВ use/buying and selling of Bitcoins as illegal, but no official documents have been published so far and people have been using Bitcoins for trading.

The website www.bitcoinxnepal.com is particularly trading/exchanging Bitcoin in Nepal. The clients can buy services and items which is not possible to buy from Nepalese market.

Few of the people are using Social Networking sites such as Facebook for this process.

Some people are trading Bitcoin for Top up Recharge codes of Ncell Mobile Operator Company ofВ Nepal.

During the devastating Earthquake that hit Nepal on April 2015, Bitcoin Community donated using Bitcoin for the victims.

Drawbacks of Bitcoin for Nepal

  • While trading Nepalese Currency into Bitcoins, there is no any such governing/monitoring figures that can prevent the flow of Nepalese currency into International Market.
  • The applications/software bought using Bitcoins cannot be proved genuine, which can also be maliciously coded to grab sensitive information of the victim.
  • Buying Top up recharge codes using Bitcoins cannot be proved genuine, as the codes may or may not work after payment.
  • В Regarding the donation received from Bitcoin Community during Earthquake 2015, there is no transparency of amount received and distributed to the victim.

Basically Bitcoin has created a thicker influence in people’s lives with the unlikely transaction process conjointly posing threat of Cyber-criminals and scammers because of the anonymity it provides.

Related video:

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