BITCOIN FARM

Saturday, August 1, 2015

BITCOIN FUNDAMENTALS



This has been re-edited by a very good friend of mine. Thank You R.T. I hope this helps all of you, but remember this, The Universal Language is math, and Bitcoin is backed by math.


BITCOIN FUNDAMENTALS



Bitcoin is one of the most awesome inventions to come out of the Internet. Bitcoin is an electronic currency that is securely generated and managed by computers. To understand why Bitcoins are so great, you need to understand a little background information about the value of money and the economics of Bitcoin.


THE VALUE OF MONEY
The value of your money has been historically determined by one of two things: 1) the amount of gold or silver backing it; 2) the amount printed by a government.

Historically, the US government backed all printed money by gold (or even silver). This meant that for every dollar bill printed by the US government, a dollar of gold would obtained by the government and stored in Fort Knox. This was referred to as keeping the US on the "Gold Standard." It's a simplified explanation, but it's good enough for an average person.

In 1971, the US went off the Gold Standard, so the value of your money is determined by the amount printed by the government. Suppose the government owes $100 billion to banks, so it decides to print $100 billion more in paper money overnight. The banks will be paid off, but there's a new problem: inflation. Bank employees know their banks have more cash, so they demand and get huge salary increases. Restaurants know those bank employees are earning more, so their raise their menu prices. Basically, prices go up everywhere because there is an additional $100 billion that everyone wants a part of. But in the end, your money actually buys less because the price of everything has gone up.

The Federal reserve has been printing money without backing for years. In fact, the Feds even admitted that there has been no gold in Fort Knox since 1933. So they keep printing dollars, but each dollar printed is attached a debt. Naturally, this inflation is caused by printing more dollars.


ECONOMICS OF BITCOIN

Bitcoin's value comes from the laws of supply and demand, and that law swings both ways. Suppose you are a retailer and you own a store with have 1,000 Pepsi bottles in stock. You notice that the line awaiting for you to open is 10,000 people long. The price will go up because the demand is too high and your supply is low. The same thing applies to printed money. People are demanding free money because it doesn't have value and they do not want their wages restricted. This keeps the demand high.

The amount of Bitcoins is determined by mathematically secure computer algorithms. They are complex algorithms that really can't be hacked. The limited supply of Bitcoins gives them value, because you cannot easily create more.

Another thing I want to add is money does not need value. Money is only a ledger so that you will not owe anything for the product or service you received. Let us go back to the time of the Indians, they traded pies for things or peanuts. However some were still allergic to peanuts or to certain fruits, so the chiefs used clay beads instead. The clay beads were used like money, but the clay beads had no


value. Wake up: value is a belief. All you need to do is satisfy the ledger of trade and the Bitcoin does this very well.



SUMMARY OF ADVANTAGES

* Bitcoin gets around the problem of printed currencies as well as backing printed currencies with gold.

* Bitcoin is not controlled by any government. Instead, the amount of Bitcoins available is determined by secure computer algorithms. Governments cannot simple create more Bitcoins. This makes it inflation-proof.

* Governments cannot simply say that your Bitcoin is worth less because they can't print Bitcoins.

* It is legal in most countries to some degree, although there are restrictions on where it can be used in each country.

* Earning Bitcoin is free. You can get control of your own money.

Monday, July 20, 2015

BITCOIN 101




                BITCOIN 101



    I am making a living on Bitcoin. I am about to reveal how easy it is for those that are not the business type of person. Let us get into the basics.

    The first thing you will need is a wallet. This is the final destination at the end of the week for your accumulated earnings. The one that most recommend is COINBASE, Although there is also Blockchain and XAPO which are also great wallets you can choose whichever one that you want I highly recommend that you explore them all and see what meets your needs and security best. Blockchain allows you to sweep coins from a paper wallet, and XAPO is like the fort Knox of Bitcoin, so it is really up to you what you prefer.

The Next step is to set up the ore mine.   This mine is where you will be withdrawing your weekly pay after you get the ore mine upgraded. Here is how this works. Once you click the above link and register a free account, Go to the deposit address copy and paster that address into the faucets, from the list I will provide later, and your earnings will be automatically deposited into your Ore Mine wallet. Once you have the amount of satoshis to upgrade, which should be your first deposit, purchase a mine and upgrade as far as you can. Continue doing faucets and upgrading till you are level 5. now once you will see the amount of daily interest and monthly interest to your deposits will allow you to start withdrawing a weekly income, do not withdraw all coins just the bit coins. For example if you have in your funds: 2.09357896 only withdraw the 2.0 so that the remainder continues to get daily interest.

    Now that you have the basics let us start earning Bitcoins. All you have to do is click on the following links every hour trust me you will see them add up in the faucet box ACCOUNT. Here are the list of the best faucets to earn:


HIGHEST PAYING FAUCETS

DANCE FAUCET

FREEBITCOIN.in

FAUCET AMERICA

FAUCET CANADA

BITCOIN SHEEP

E-PAY ROTATOR


    These are the best there are many more that you can find as well as many worthless ones. My advice if they do not pay 500 or more do not waste your time.

    Deposit them directly into your ore mine this process should effectively take you a couple of weeks before you actually see an income but if you started a  new job today it would take you 2-3 weeks before you saw your first check so actually what is the difference.

I hope this helps if you found this information helpful donate some bitcoins here


 35gMQDGv1Xe9SaqyTM8yMDR9Vy4tGyAWDy

Thanks

Saturday, May 16, 2015

BITCOIN the Currency of the future

 do not know why most people listen to the trolls, the people that fail to make decent pay with bitcoin it is possible through good faucets, due to the fact there are so many alternative coins now it is so easy to get good substantial coin, and mining with 6 computers.

Anyway I am leaving the best faucets up that you can do hourly and every time they are cooled down between 1 minute and 15 all nice and neat in this faucet roatator that keeps track. i have added a few extra faucets to the rotator and I am doing very well infact I do faucets full time

Here is the faucets that can earn you good

First go to this one and sign up use the rotator this faucet rotator pays you directly weekly and it also includes the alien faucet and weekend bitcoins


The High paying games

I have also added these faucets to my rotator so I can do them every time they become available so i do not have to keep checking a clock

MOON BIT 

BITCOINKER 

BITCOIN ZEBRA 

JOKER TIMES

BITCOIN SHEEP

FAUCET AMERICA

FAUCET CANADA

The reason for the last 4 are they are faucets that pay great satoshi and well every hour which makes the faucetbox cashout possible faster. MUCH FASTER!!!!

Then Every Hour I just go to one site and do all of the Alt Coins on this site hourly

CRYPTOSPOUT

You will see a good difference at the end of the week or actually Monday of the next week as compared when those haters of bitcoin were trying to regulate the currency making it almost impossible to earn, I mean come on 1 satoshi or 50 per visit that is a joke, that is why the masses will make sure that this currency is the currency of tomorrow UNCONTROLLED, DEREGULATED so it can be freely earned easily, which if you think about it makes you responsinble for you.

You are responsible for your needs and You become your own bank without the control crooks. If you do not know by now you better learn the currency and how to earn it well through faucets and computer mining.

I will show you another article next week on how i multiply those exchange coins without scams or useing an exchange service to invest, in fact it is only investing into something that you should already have.

Wednesday, January 28, 2015

Routine for earning bitcoin


Regarding Bitcoin

You are going to have to set up two wallets first. One is because it pays double on some to have this one just follow the instructions.


The second one you will need will be your primary wallet here at https://www.coinbase.com

Set up this account is three fold once you register you will need to verify your mobile phone with a sms text message they will send you. Then you will need to verify your email. Once that is done enter your bank account or prepaid debit card routing and account number so you can start the account verifying process. This is how you will direct deposit your earnings.

Now you go to your wallet set it up by following the instructions and then the vault. You will see when that is complete a bitcoin id key do not loose that that is the key you enter to earn your money.

Microwallet will deposit every 24 hours what you have earned the day before. And the sites that use epay will deposit once a week. This will keep bit coins flowing into your wallet.

Once you are ready to receive payments do these two things

  1. Set up your mine help account at http://ore-mine.com/?r=63743
This is a mine that you do not have to visit. They porduce Bitcoins. If you get others to sign up under you in a week you get bonus coins. Remember mining is the important part of bitcoin even though it is virtual currency it is through cooperation we keep it going.

Now your earning site follow all the sites on here and just click browse all there is free claims sites where you enter your bitcoin id ( The id key of numbers from your wallet) and there are some games. Doing these sites foir a few hours adds up your coins and what is more one pays every 24 hours and the other once a week. Click here to go https://www.landofbitcoin.com/?r=SEfCMZtIGQWguZfE

Happy earning tell others that are either unemployed or you trust it is through cooperation and unity we keep this going strong.


Tuesday, January 27, 2015

Bitcoin Is the currency to use.

  
Despite what people may tell you, it is true that you can earn money out of thin air. Think about this for a moment, the US Federal Reserve is printing money with no god back to it and they are printing trillions everyday out of thin air because there is no backing.

Now enters bitcoin which is far above the US currency because there is no control, you are your own bank. If you are not making enough it is your fault. The truth is the less you do, the less you get. Likewise the more you do, the more you get.

Here is the most recent picture of the worth of bitcoin compared the the US Dollar

    
It takes Two-hundred and Fifty-four dollars, and seventy-five cents just to make 1 bitcoin, so if you do not start this your not too bright. Use these links to start generating a little bitcoin for free. Try it for yourself. Remember the more you do the more you get. Friday I will post a step by step on how to use these and what they mean this will help the newbies out there

Open a dripping faucet to earn some bitcoin


every 15 min send 1000 Sotashi coin to your wallet




Monday, January 26, 2015

It is Official BITCOINS

 I do not care what others tell you I am about to show you that even the stock market shows that Bitcoins is superior at this point.



 If You notice only 1 Bitcoin is equal to $258.37. You would have to be a moron not to see that money can be earned from thin air since the federal reserve has been printing it from thin air.

If you are tired of listening to morons that cannot see then start the process here. You will have to set up an Xapo account and a Coinbase account so you can deposit into your own bank account. As you can see by the picture the stock market value is legitemite

Check out a faucet and start earning for yourself

http://moonbit.co.in/?ref=a4b56b965ca8



Sunday, January 25, 2015


PaidVerts


Paid vetrs is the best place to earn. this works and the reason it works is the same reason anything works, all advertisements are paid placement. there is no free advertising on this site so the money is paid, and what is more you have to view advertisements to activate daily ads so this makes it more profitable and a way to earn. Try it yourself

Squirly Traffic Exchange






This site is one that even pays you a dollar to join. Traffic exchange sites are great due to the fact you can promote your site And make money. You have to use them daily and with activity you will soon see that this works I never have any problems and doing all that I do it is like getting a pay raise every two weeks into my paypal

EASY HITS 4U








The Most Popular Traffic Exchangemoney online is easy with easyhits4u this site is a great site for you to promote your website and make money online. This site actually does work. i promote my website books and it pays off.

The way it works is you must either use your web site or use the referral sites to get down lines surf 1000 adds a day and you will see the results within 14 days this site has been around for a long time and is proven to work