How to Earn Bitcoin Online9380427

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If you would like earn Bitcoin online, here's a post that will help you do just that. Bitcoin is the globe's first peer to peer crypto-currency that's not regulated by any central issuing agency but is rather an open source protocol which is followed by everyone who participate in the economy. It's impossible to manipulate the supply of Bitcoins and all transactions that take place in this economy are cryptographically validated via a process called Bitcoin mining. Your Bitcoins are as safe as public key cryptography can be.

Once you know and appreciate the concept of Bitcoin, the next logical question is, how would you earn some Bitcoin? Below are a few ideas -

Generate income online and transform them to Bitcoin

Believe it or not, it's still much simpler to make US Dollars! Then you can exchange these dollars you make for Bitcoin at some of the exchanges for example Bitstamp or Coinbase if you are located in the US.

Earn Bitcoin Directly in the Bitcoin economy

There's a little but extremely vibrant community where you could do most tasks, however at a more compact scale. As an example, you can take up a part-time job for Bitcoin on Coinality or you can end up with a small gig on Coingig. They're real life equivalent of websites like Elance and also Fiverr however in the Bitcoin ecosystem.

Advertising

The advertising and marketing industry in the Bitcoin economy is, unsurprisingly, pretty robust. This is because there're ton of new Bitcoin based services that continue to come up all the time and they all require a good advertising network.

CoinURL lets you 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 allows you to generate income through ad impressions devoid of reference to the clicks (therefore it isn't PPC). If you are a publisher - blogger or webmaster, you can make some Bitcoins through this route.

Going Social

There're websites that will pay you for your activity. CoinChat is perhaps the best known web site in this group. It pays users a couple of milli-Bitcoins for chatting on their site. These are random and also controlled by an algorithm which takes into account your activity and how well that you're contributing to the chats at hand.

Another way in which a lot of Bitcoin enthusiasts earn some Bitcoin is actually selling their forum signatures at Bitcointalk forums. There is a good number of advertisers who are willing to do this, and for the socially active member who values interaction through this forum (it's the same forum in which Satoshi Nakamoto unveiled Bitcoin to the world), selling signatures is often lucrative.

Bitcoin Earning Sites