If you intend to earn Bitcoin online, this can be a post that will help you do just that. Bitcoin may be the world’s first peer to peer crypto-currency that isn’t controlled by any central issuing agency but is rather an open source protocol that’s followed by all the people who take part in the economy. No-one can manipulate the supply of Bitcoins and all transactions that take devote this economy are cryptographically verified through a procedure called Bitcoin mining. Your Bitcoins are as secure as public key cryptography can be.
Once you recognize and appreciate the idea of Bitcoin, the following logical question is, how do you earn some Bitcoin? Here are a few ideas –
Generate income online and convert them to Bitcoin
Believe it or not, it is still easier to make US Dollars! Then you’re able to exchange these dollars you make for Bitcoin at some of the exchanges such as for instance Bitstamp or Coinbase if you’re located in the US.
Earn Bitcoin Directly in the Bitcoin economy
There is a tiny but very vibrant community where you can do most tasks, but at a much smaller scale. For instance, you can take up a part-time work for Bitcoin on Coinality or you can end up getting a tiny gig on Coingig best bitcoin faucets. These are true to life equivalent of sites like Elance and Fiverr in the Bitcoin ecosystem.
The advertising industry in the Bitcoin economy is, unsurprisingly, pretty robust. This is because there are ton of new Bitcoin based services that keep coming up all the time and each of them require a good advertising network.
CoinURL enables you to place Google AdSense styled ads on your website and other services like Bitads lets advertisers bid for banner space on your blog. There is also a-ads that enables you to generate income through ad impressions without mention of the the clicks (so it isn’t PPC). If you’re a publisher – blogger or webmaster, you can earn some Bitcoins through this route.
You will find sites that may pay you for your activity. CoinChat is possibly the best known site in this category. It pays users a couple of milli-Bitcoins for chatting on their site. These are random and controlled by an algorithm that takes under consideration your activity and how well you’re adding to the discussions at hand.
Another method by which a lot of Bitcoin enthusiasts earn some Bitcoin is by selling their forum signatures at Bitcointalk forums. There are a good portion of advertisers who’re willing to do this, and for the socially active member who values interaction through this forum (it is the exact same forum through which Satoshi Nakamoto introduced Bitcoin to the world), selling signatures could be lucrative.