bitcoin 

What is it???

Bitcoin (btc) is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren't printed, like dollars or euros – they're produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems. It's the most popular example of a growing category of money known as cryptocurrency. The price is very volatile, and there are fees to buy and sell. You can privately move large (or small) amounts of cash around the world. You can privately pay, or get paid. This is a worldwide currency.

Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. Called mining, individuals or companies engage in this activity in exchange for transaction fees and newly created bitcoins. Besides mining, bitcoins can be obtained in exchange for fiat money, products, and services. Users can send and receive bitcoins electronically for an optional transaction fee using wallet software on a personal computer, mobile device, or a web application. Bitcoin as a form of payment for products and services has seen growth,and merchants have an incentive to accept the digital currency because fees are lower than the 2-3% typically imposed by credit card processors. The European Banking Authority has warned that bitcoin lacks consumer protections. Unlike credit cards, any fees are paid by the purchaser not the vendor. Bitcoins can be stolen and chargebacks are impossible. Commercial use of bitcoin is currently small compared to its use by speculators, which has fueled price volatility. Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. In October 2013 the US FBI shut down the Silk Road online black market and seized 144,000 bitcoins worth US$28.5 million at the time. The US is considered bitcoin-friendly compared to other governments. In China, buying bitcoins with yuan is subject to restrictions, and bitcoin exchanges are not allowed to hold bank accounts. If you want to know more then check out the full Bitcoin Wikipedia article

 

A Satoshi is currently the smallest unit of the bitcoin currency recorded on the block chain. It is a one hundred millionth of a single bitcoin (0.00000001 BTC). The unit has been named in collective homage to the original creator of Bitcoin, Satoshi Nakamoto.

First thing you'll need is a Bitcoin Wallet. This is where you store your digital currency. It is convenient if you can buy and sell bitcoins at the same place you keep your wallet. If you search online…. you will find many.

Coinbase, is a reputable bitcoin wallet:
https://www.coinbase.com/join/5827376581c94b01245bef8a
(join with is link, and we will both get $10 in bitcoins once you spend $100)
You can also buy and sell here.

If you're just going to collect bitcoins in an online wallet, you won't need to give much personal info, but….
In order to buy and sell, you'll need to give bank or credit card info, so be careful who you pick.

How To Get FREE bitcoins to get started.
This is NOT a get rich scheme.
It is small amounts so you can see how bitcoin transactions work.

FREE Bitcoins: Bitcoin Faucets that really work and pay as advertised!
(you can see their name in their address)
They give away small amounts to get you in front of advertising.
Click on or copy and paste these addresses into your browser.

http://moonbit.co.in/?ref=c7eaf542e04e

http://bonusbitcoin.co/?ref=51B16E965F49

http://freebitco.in/?r=3343368

http://www.http://ninjafaucet.com//?r=1Lt73Vwe8Ytu9hVkALqArLw1aWQo47zeBr

          These 4 pay to the same account so you can reach the payout threshold quick:

http://www.dailydoge.org/?ref=10209342681862293

http://www.bitcoinaliens.com/faucet?ref=10209342681862293

http://www.blockchainstats.org/?ref=10209342681862293

http://www.gameofweightloss.com/daily-motivation?ref=10209342681862293

This one is a scam, they don't pay, so don't bother: https://bitminer.io/617502

DO NOT send any bitcoins or money to ANY Cloud Mining website.
They are ALL Ponzi-Scheme scams.

If you enjoy gambling…. there are quite a few bitcoin gambling sites out there. You can find them by searching, or many advertise on the bitcoin Faucet pages listed above.

Bitcoin Converter: https://youmeandbtc.com/bitcoin-converter/convert-btc-mbtc-bits-satoshis-usd/

If you found this page useful, and you'd like to send me a tip, and at the same time you will try "sending"   Send to this wallet address:

                                             1D5P3MVT4UwRw35E34tnBBwPYuMkqA6ey