Ryan, I am not sure just how technical you are. Bitcoin is vast to really dig into and understand and honestly I have no idea how to explain it in means you would understand. What I can say is in its simplest means, it works similar to the way a stock works. What causes a stock to increase in value? Well a number of things really. More people buying into the stock for one. The same is true of bitcoins. The more people that go to bitcoin exchanges and purchase bitcoins with dollars, the more the
helping students in their assignments and essays s
Hi Bruce... the link shared by you is indeed great!!! I have to take a serious break after going through most of it... :)
The comments were more friendly to me than the cryptology reasoning. I seriously am in for more reading on Bitcoins! My next big question being...
How does the bitcoin network work without a central governing system monitoring it... If this can be implemented in other systems of exchange of goods and services... we can reduce transaction and financial risk charges significan
bitcoins is exactly like gold, there is a limited quantity. The growth of gold is limited to a small percent only because so much of ithas already been mined - the same is becoming true of bitcoins day by day as more gets mined (the term mining bitcoins is used because of how much it is in fact like gold).
The bitcoin algorithm is not owned as you seem to thing. There is not algorithm owner. Its a peer to peer protocol. What you are suggesting is simply not possible.
helping students in their assignments and essays s
Hi Bruce!! Interesting information indeed but the only difference is gold is of limited quantity and the growth of gold is limited to a small % unlike bitcoins!! So bitcoins would grow faster in number than ounces of gold and a higher supply will bring down the price eventually!!! Gold is still physical and most of the banks still believe gold more than the bank balance they have in other financial institutions! But I am not clear as to what is the guarantee that the bitcoin algorithm owner does
Eobot - is a mining software. They take a percentage of what you mine. It would be like someone saying "I am going to bring you to a gold mine. And you can mine all the gold you can muster in a day, but you are only going to get 40% of the gold you mine, and if you get friends to mine with you, you can earn 10% of all the gold they mine. Does that harm the gold economy?
Bitbillions has you click ads, I don't know all the details of how it works yet a
I got one little gem here. All it takes is to put in a number once every hour 24/7/365. I just had my second payment strait into my bitcoin wallet :D There is an option to multiply your bitcoin and to free play.
freebitco.in/?r=196145
I am interested in knowing what free bitcoin businesses you know of, please ensure you are not just repeating what others are sharing if you are going to post a link.
So far I have:
Eobot - http://www.eobot.com/new.aspx?referid=21759
QoinPro - http://qoinpro.com/9efca345da16509b5e5fb51ebb0fb58e
BitBillions - http://www.bitbillions.com/?refid=15jdEr9EL6xWSWRNdxBmC9LuVWNwdPCHUG
BitBillions includes - MyBitcoinRewards, iwantacar, BitFeud, trackmyurl, and gbbg-ware.
Comments (15)
Sunny Sahu
15
Web Developer & Designer
https://freebitco.in/?r=1722344
Bruce Bates
16
Cooperative marketing
Lisa don't take it personal, but none of that has anything to do with the question asked. bitcoin is not illegal
Marko S.
11
Web Presence Provider
http://www.coinbox.me
there's group of 24 faucets, you can earn free bitcoins every 30 minutes...no referrals...
Pedro M.
10
Marketer
Great Bruce! another great topic here! congrats!
moj R.
12
Team Leader
Hello
I will put some here sites that I use for free bitcoins:
https://coinurl.com/index.php?ref=ivakar
http://www.coinprizes.com/
http://freebitcoinz.com/r/54573
http://cur.lv/7bfsa
http://cur.lv/7bfvh
http://freebitco.in/?r=277045
Hope this help,.)
Bruce Bates
16
Cooperative marketing
Ryan, I am not sure just how technical you are. Bitcoin is vast to really dig into and understand and honestly I have no idea how to explain it in means you would understand. What I can say is in its simplest means, it works similar to the way a stock works. What causes a stock to increase in value? Well a number of things really. More people buying into the stock for one. The same is true of bitcoins. The more people that go to bitcoin exchanges and purchase bitcoins with dollars, the more the
Ryan Thompson
5
helping students in their assignments and essays s
Hi Bruce... the link shared by you is indeed great!!! I have to take a serious break after going through most of it... :)
The comments were more friendly to me than the cryptology reasoning. I seriously am in for more reading on Bitcoins! My next big question being...
How does the bitcoin network work without a central governing system monitoring it... If this can be implemented in other systems of exchange of goods and services... we can reduce transaction and financial risk charges significan
Ed Blount
11
Business Owner and Mentor
hundreds ! but the amounts are tiny even the ptc sites pay less than comparable $ based sites
Bruce Bates
16
Cooperative marketing
bitcoins is exactly like gold, there is a limited quantity. The growth of gold is limited to a small percent only because so much of ithas already been mined - the same is becoming true of bitcoins day by day as more gets mined (the term mining bitcoins is used because of how much it is in fact like gold).
The bitcoin algorithm is not owned as you seem to thing. There is not algorithm owner. Its a peer to peer protocol. What you are suggesting is simply not possible.
http://www.michaelnielsen
Ryan Thompson
5
helping students in their assignments and essays s
Hi Bruce!! Interesting information indeed but the only difference is gold is of limited quantity and the growth of gold is limited to a small % unlike bitcoins!! So bitcoins would grow faster in number than ounces of gold and a higher supply will bring down the price eventually!!! Gold is still physical and most of the banks still believe gold more than the bank balance they have in other financial institutions! But I am not clear as to what is the guarantee that the bitcoin algorithm owner does
Oswald Rodrigues
10
writermaster.gumroad.com
Here are a few where you can earn free Bitcoins
(copy & paste the URLs in your address bar):
Earn small amounts of Bitcoins in exchange for
visiting websites for a designated period of time.
http://bit.ly/earnfreebits
Get free Bitcoins for viewing ads (Bitcoin version of PTC):
http://bit.ly/CoinAd
Earn Free Bitcoins for Visiting Websites!
http://bit.ly/bitvisit
Sign up for the Bitcoin affiliate program
and earn commission in Bitcoins.
http://bit.ly/bitaffiliate
Get an ATM card to withdraw y
Bruce Bates
16
Cooperative marketing
Ryan, do you understand how bitcoins work?
Eobot - is a mining software. They take a percentage of what you mine. It would be like someone saying "I am going to bring you to a gold mine. And you can mine all the gold you can muster in a day, but you are only going to get 40% of the gold you mine, and if you get friends to mine with you, you can earn 10% of all the gold they mine. Does that harm the gold economy?
Bitbillions has you click ads, I don't know all the details of how it works yet a
Ryan Thompson
5
helping students in their assignments and essays s
How does someone benefit by sharing a free bitcoin ? This will destabilize the bit coin economy!!! Isn't it ?
Annegrete Krings
7
Network Marketer, Admin and Founder
I got one little gem here. All it takes is to put in a number once every hour 24/7/365. I just had my second payment strait into my bitcoin wallet :D There is an option to multiply your bitcoin and to free play.
freebitco.in/?r=196145
Bruce Bates
16
Cooperative marketing
I am interested in knowing what free bitcoin businesses you know of, please ensure you are not just repeating what others are sharing if you are going to post a link.
So far I have:
Eobot - http://www.eobot.com/new.aspx?referid=21759
QoinPro - http://qoinpro.com/9efca345da16509b5e5fb51ebb0fb58e
BitBillions - http://www.bitbillions.com/?refid=15jdEr9EL6xWSWRNdxBmC9LuVWNwdPCHUG
BitBillions includes - MyBitcoinRewards, iwantacar, BitFeud, trackmyurl, and gbbg-ware.
Anyone have others?