How to Earn Bitcoin Online

If you need to earn Bitcoin online, this is a post that will help you do just that. Bitcoin is the world’s first peer to peer crypto-currency that isn’t managed by any central issuing organization but is rather a source protocol that is followed by all the people who participate in the economy. No one can manipulate the source of Bitcoins and deals that take place in this economy are cryptographically verified through a process called Bitcoin mining. The Bitcoins are as secure as public key cryptography can be. convert bitcoin

Once you understand and prefer the concept of Bitcoin, the next logical question is, how do you earn some Bitcoin? Here are some ideas – 

Generate money online and convert them to Bitcoin

Consider it or not, it is still much much easier to make US Dollars! You can then exchange these dollars you make for Bitcoin at any of the exchanges such as Bitstamp or Coinbase if you’re found in the US.

Earn Bitcoin Directly in the Bitcoin economic climate

Right now there is a tiny but very vibrant community where you can do most duties, but at a much smaller scale. For illustration, you can take up a part-time job for Bitcoin on Coinality or you can finish up with a tiny gig on Coingig. These are real life equivalent of sites like Elance and Fiverr but in the Bitcoin environment.

Advertising

The advertising industry in the Bitcoin economic system is, unsurprisingly, pretty solid. This is because there are ton of new Bitcoin based services that continually come up at all times and they all desire a good advertising network.

CoinURL allows you to place Google AdSense styled advertisings on your website and other services like Bitads lets advertisers bid for banner space on your blog. Addititionally there is a-ads that allows you to generate profits through ad impressions without reference to the clicks (so it isn’t PPC). If you’re a writer – blogger or web marketer, you can generate some Bitcoins through this path.

Going Social

You will discover sites that will pay you for your activity. CoinChat is perhaps the best known site in this category. It pays users a few milli-Bitcoins for chatting on their site. They are random and handled by an algorithm that takes into account your activity and how well you’re contributing to the discussions available.

Another way in which a great deal of Bitcoin enthusiasts earn some Bitcoin is by selling their forum autographs at Bitcointalk forums. Generally there are a good amount of advertisers who are willing to do this, and for the socially active member who ideals interaction through this online community (it is the same forum through which Satoshi Nakamoto introduced Bitcoin to the world), selling autographs can be lucrative.

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