MY FAVORITE FREE BITCOIN WEBSITES 2016 LIST!

 

  • WHAT IS BITCOIN?
    Bitcoin is a payment system introduced as open-source software in 2009 by developer Satoshi Nakamoto. The payments in the system are recorded in a public ledger using its own unit of account, which is also called bitcoin. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call bitcoin a decentralized virtual currency. Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.

    Click this link and watch a video of what bitcoin is all about – https://youtu.be/Gc2en3nHxA4

    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.

    To know more abourt BITCOIN check it here
    @wikipedia https://en.m.wikipedia.org/wiki/Bitcoin

     

    Create your bitcoin wallet now worldwide @www.blockchain.info or Philippine wallet @https://coins.ph/invite/y4QyNT

    imagesimages (1)


MY FAVORITE FREEBITCOIN WEBSITES 2016 LIST! AWESOME PAYMENTS!

*If you don’t have bitcoin wallet yet then you can create your bitcoin wallet now worldwide@www.blockchain.info or Philippine wallet @https://coins.ph/invite/y4QyNT

1. Freebitco.in –  best faucet site and never fails to pay me, been earning many times now all you need to do is  register, then your able to play game every hour, which gives you a shot to win free bitcoin. Playing the game consists of entering a captcha check, which rolls the dice, and wins you either a small or large amount of bitcoin. Plus you can earn a massive 50% commission on all the free bitcoins won by your reffered users and 1 free lottery ticket for every free roll they play!

Freebitco.in sign up here: http://freebitco.in/?r=1656203

2. Claimbtc.com – exciting site ClaimBTC is a free bitcoin faucet where users can earn free satoshi from 200-600 satoshi and even more by just visiting the site regularly (every 20 minutes) and claiming by solving a captcha correctly. You also have a chance to earn 25% from your referrals claims for life. ClaimBTC what makes me addictive is that it has a drop system potions  for every claim. The (potions) can boost your timer or your claim which improves satoshi claims. Do not forget to use your potion if you find a rare one.

Claimbtc.com sign up herehttp://claimbtc.com/?r=5afc889985

3. Bonusbitcoin.co – nice bitcoin faucet where in you can claim up to 5,000 satoshi every 15 minutes (current average is 250 satoshi). Simply complete the captcha and then click on the Claim now button. Plus it also pays a 5% daily bonus pay out. Like Freebitco.in it has great referral commission also for 50% lifetime commission on all their faucet claims! All commission payments are added to your Bonus Bitcoin account balance which can be withdrawn at any time, once it is at least 10,000 satoshi.

Bonusbitcoin.co sign up here: http://bonusbitcoin.co/?ref=38A9E3CB87CE

links

7bf07a378df3dbacdd6fbe72a6740c007833e3e550f7

For more new free bitcoin faucets post please  click and like the facebook page here: https://www.facebook.com/Make-Money-On-Bitcoin-231124337220082/