How to Get Bitcoins – A Guide to Earning Bitcoins Rapid and Free in 2017

How to Get Bitcoins – A Guide to Earning Bitcoins Quick and Free in two thousand seventeen

It’s been a while since I wrote a fresh post, and it feels good to be back! Today, I’m going to cover all of the available ways there are to to earn Bitcoins online. Before I begin, I just want to make something very clear:

There is no effortless way to make a substantial amount of Bitcoins

Table of Contents

Just like there’s no effortless way to make a substantial amount of US dollars or any other valuable currency for that matter. The good news is that if you’re willing to put in the effort, you can achieve some very nice earnings online. Later on in this post, I’ll expose some of my own earnings so you can see what I mean.

Also, there’s no such thing as “free bitcoins”. It will always cost you something to get Bitcoins. It may not always be money, but something needs to be spent, whether it’s time, your email address, viewing ads or anything else.

I hope I didn’t burst your bubble too much right at the commence of this post, but if you’re still here with me, let’s dive into the different ways you can earn Bitcoins today.

#1 – Micro Earnings

This is very likely the easiest niche to get into, but it’s also the most time consuming. Methods that belong to this niche usually take up a lot of time and pay a fairly petite (almost irrelevant) amount of Bitcoins. Even if you have a lot of free time on your mitts, this still won’t bring you too much income. Also, some of the websites that pay out micro earnings have built-in malware and viruses, so you need to stay safe and not click any links you don’t trust.

PTC or Paid-to-Click websites ($0.Four/hour on avg.)

As the name suggests, these are websites that will give you petite amounts of Bitcoin for viewing ads and visiting websites. The most popular PTC website today is ads4BTC. The site will give you a choice inbetween 5-second ads, 10-second ads and 20-second ads, as shown here:

As you can see, even if we observe 20-second ads all day long for twenty four hours, we will be making 0.0216BTC. So basically, we’ll be making $9.612 for twenty four hours of work.

Bitcoin Faucets ($0.054/hour on avg.)

Even however running a Bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a puny quantity of Bitcoins every few minutes. For example, Milli, our own Bitcoin faucet gives up to one thousand Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the one thousand prize every time for a total twenty four hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for twenty four hours of work (and we have one of the highest-paying faucets in the industry).

Micro jobs

There is always the possibility of completing micro tasks in order to get paid puny amounts of Bitcoin. Coinworker is a good example of a micro jobs Bitcoin site. Jobs can be anything from testing a web application on a browser to retweeting a post.

#Two – Writing about Bitcoin

Writing about Bitcoin requires time, skill and the capability to write in the required language (usually English). Through writing, you can begin making a nice income depending on where you choose to write.

BitcoinTalk Signature Campaigns ($Two.67/hour on avg.)

Somewhere around mid-2014, BitcoinTalk began running signature campaigns. What this means is that you use your BitcoinTalk’s signature to advertise a Bitcoin product and get paid for every post you write. The accomplish list of campaigns can be seen here. Of course, this created a lot of “junk” posts on BitcoinTalk, like people telling just “thank you” or “awesome post” and not adding any actual content.

You get paid according to your membership level on BitcoinTalk. Usually, anyone under a total member won’t get paid that much or paid at all. To becoming a total member, you’ll need at least one hundred twenty posts under your belt, and then you can embark earning 0.0005BTC on average per post. There are also limitations on posts you can write such as “original posts with sixty or more characters”, “You can’t have negative trust or other advertisements”, etc. Sometimes, there’s also a minimum post requirement per week.

Observing as writing a constructive post of at least sixty words takes a minimum of five minutes, my guess is that if you work for twenty four hours straight, you can make 0.144BTC. So you’ll be making $64.08 for twenty four hours of work. This, of course, does not include the number of posts you need to write in order to get the required membership level on BitcoinTalk. Also, many campaigns have a “maximum posts permitted per week” policy, so you may not be able to work a total twenty four hours.

Writing for blogs and news sites ($31.25/hour on avg.)

If you think you have enough skill to contribute about Bitcoin, you can always become a writer for a blog or a news site. Many sites need to pack up a daily quota of posts, and they are despairingly looking for writers. We hire the occasional writer on 99Bitcoins as well, and I can say that the salary of a blog post writer will vary significantly based on your practice, control of the English language and expertise. If you’re a top-notch writer, you can even make up to $80 per 1000-word blog post. On average, I’m guessing most writer get somewhere around $35 for a 1000-word blog post.

But writing a good blog post takes time. For example, it took me about four hours to write this 2400-word blog post. So let’s say, theoretically, that I can work for twenty four hours straight; I’ll be making around $750. If you want to become a writer, the best way to find Bitcoin blogs that are looking for writers is through Coinality, which aggregates all of the Bitcoin jobs being posted online.

#Trio – Supply Bitcoin-related services

This category is a bit broad, as it includes every possible Bitcoin service that you can think of that someone would pay for. The best ways to get ideas for services you can provide is to visit either Coinality (which I’ve mentioned previously) or the services thread on BitcoinTalk. Some examples for services people are looking for:

  • Blockchain developer
  • Website manager
  • Graphic design accomplished
  • Mining accomplished
  • Online marketer, etc.

Becoming a Bitcoin escrow agent

One example of a service you can provide is becoming a Bitcoin escrow agent and getting paid for arbitration in Bitcoin transactions (more on that here). Of course, this will mean you will need to build up some sort of reputation for yourself as a trustworthy person in the community.

I can’t indeed put a price estimate on this category, since every service is different. This is something you will have to personally research depending on the service you’d like to provide.

#Four – Bitcoin lending

If you own some Bitcoins and want to increase their value, you can always look into Bitcoin lending. The idea is pretty elementary – you lend out a certain amount of your coins to people for crypto-related projects (usually) and get them back with an interest.

The good news is that you can get very high comebacks through lending. The bad news is that with high comes back also comes high risk. Some of the people you will lend to won’t comeback your money, or you might have to pursue them in order to make sure they pay. That’s why it’s significant to choose your lending projects wisely. Here’s my own individual practice with Bitcoin lending, and here’s how to choose a good lending project.

There are presently three main websites that deal with Bitcoin lending – BTCJam, Bitbond and Loanbase.

Update: I no longer thing this is a safe way to earn Bitcoins. You’re more likely to lose your money than to get it back. Here’s some stuff I’ve learned along the way.

Bitcoin Investment sites (avoid at all costs!)

There are hundreds of sites around the web that claims they can multiply your Bitcoin, give you super high daily interest on your coins or do all sorts of other “magical” stuff if you just send them your coins. These sites are known as HYIPs (High Yield Investment Programs) and from my private practice they are 100% scam.

Every day I get at least one or two emails from people who have been conned by these sites. What the site generally does is pay members using fresh member deposits that come in. This proceeds until one day the site determines to fully vanish from the web with the majority of their investors money.

I can’t emphasis enough how dangerous these sites are – AVOID THEM AT ALL COSTS!! They are not a way to earn Bitcoins, they are a way to lose Bitcoins. If you’re not sure if a site is legit or not, I suggest using the Bitcoin scam test to find out.

#Five – Mine Bitcoins

I’m going to be brief about this option. Bitcoin mining is not a way to earn Bitcoin rapid or free. It takes a lot of time, research and money that you’ll need to invest into mining equipment. If you’re a newcomer, then you most likely shouldn’t be pursuing this. If you’re a veteran, then you most likely already know this.

Sure, you’ll be able to generate Bitcoins even if you use your own PC at home, but if you use a mining calculator, you’ll see that you’ll be making 0.00000968BTC a day ($0.0043) and spending perhaps 100x that on electrical play bills or cooling down your computer (in hopes it doesn’t get ruined in the process). If you’ve missed our latest movie about Bitcoin mining, perhaps this will give you a clearer explanation of what mining is and why you should most likely stay away from it:

Some of you may say “but I eyed some cloud-mining websites that permit me to profit without the need to pay the expenses involved in mining”. Well, in that case, you should perhaps read this article I wrote a while back. TL;DR – IMO, most, if not all, Bitcoin cloud mining websites are ponzi schemes that uncommonly actually use your investment to mine Bitcoins.

#6 – Gambling

This part doesn’t need a lot of explanation, I guess. There are a lot of Bitcoin gambling websites out there that will gladly take your money for the chance of winning a thicker pot. Here’s just one example. The upside about gambling is that it doesn’t take any specific skill to commence doing it; the downside is that it’s much more likely that you’ll lose all of your Bitcoins than actually win anything.

#7 – Bitcoin trading

Today, there are many forms of Bitcoin trading available. If you’re interested in getting embarked with trading, you need to make sure you have the required skill. In the following weeks, I’ll post a finish beginner’s tutorial on Bitcoin trading, but for now, here are the main options:

Bitcoin day trading

Day trading is the buying and selling of Bitcoins on the same day, on the basis of puny, short-term price fluctuations. So, if you think that Bitcoin’s price is going to go up, it’s a good time to buy some Bitcoins and sell them off after you’ve made a profit. In order to participate in actual day trading, you’ll have to own or buy Bitcoins.

Bitcoin CFDs (contracts for difference)

This is similar to day trading, but different to the extent that you don’t have to buy Bitcoins. When you buy Bitcoin CFDs, you can do it through a broker such as plus500 or AvaTrade. The idea is that instead of buying the actual asset (Bitcoin) and then selling it later, you buy a contract for that asset, so you don’t have to deal with actually holding or storing Bitcoins. More on Bitcoin CFDs here. With CFDs you can also brief sell – meaning make a profit when Bitcoin’s price goes down.

Bitcoin binary options

Bitcoin binary options are a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct, you earn the option’s payoff; if you’re incorrect, you lose your investment. They are called “Binary Options”, because the outcome is either win or lose; there’s nothing in inbetween.

Basically, it’s a form of gambling that’s covered up with a pretty name. No one can predict precisely what will happen with Bitcoin’s price. If that were possible, we would all be billionaires. I suggest you stay away from Bitcoin binary options unless you like to gamble, and if you do, that’s fine I guess.

#8 – Bitcoin affiliate marketing

I’ve written a lot in the past about how I generate a nice amount of Bitcoins through affiliate programs. The idea of an affiliate program is that you promote someone else’s product and they pay you in come back for sales you bring in. So, for example, I can promote TREZOR (which is actually an awesome product that I personally use), and if someone determines to buy TREZOR and they came from my site, I get a commission for it. Just so you understand the potential in this, here are my TREZOR earnings from the past month:

*The negative transaction on Jan 5th is a payout from TREZOR for previous earnings.

As you can see it can adds up to a pretty nice amount, especially when you consider that once I set up a post that generates referral, it’s basically all autopilot from there. If you’re interested in going down this route, here’s some more information about affiliate marketing with Bitcoin. And here is a list of many of the Bitcoin affiliate programs out there.

#9 – Open a faucet / rotator

I came to know about this option only recently. I’ve written an extensive post about how to operate your own Bitcoin faucet, but if you don’t want the hassle of managing a faucet, you can also attempt to build a Bitcoin faucet rotator.

A rotator site is a site that permits you to quickly surf through different faucets without opening a fresh site or tab each time. The links to each faucet inwards the rotator are referral links, and the rotator possessor earns a commission from each faucet you visit through it as well. You can take a look at 99Bitcoins’ rotator to get a better idea of what I mean.

However, rotators require maintenance as well, since Bitcoin faucets come and go pretty quickly and you’ll need to update your rotator accordingly. Having said that, if you make a successful rotator with a lot of traffic, you can very likely generate a nice income. Unluckily, our rotator isn’t that successful, so we’re only making a few thousand Satoshis a day (these are our actual payment stats).

#Ten – Play games to earn Bitcoins

Aside from gambling, which is also considered a game, there are a multitude of Bitcoin games that don’t require any investment, and permit you to earn Bitcoins while playing them. Think of them as a joy faucet, since you’ll very likely be wasting your time and earning very little as well.

ChopCoin, Coinbrawl and Bitcoin Aliens’ mobile app are just some examples of how you can make the task of earning puny amounts of Bitcoin pleasurable.

#11 – Earn Bitcoins by answering questions

A website that came to my attention not long ago is Bitfortip. The idea of the website is plain, someone posts a question with a prize. Whoever answers the question best gets the prize. The questions require some research online, here are some examples:

  • Find the cheapest price for the a specific mobile phone online
  • Find the best Bitcoin advertising platform

The amount of the Bitcoin prize is being determined from the inquirer. Minimum amount required is 0.0001 BTC. Harshly $0.06 with the current bitcoin price.

I’m not sure how much you’ll be able to earn with this site as it seems to have a fresh question posted about twice a week. This means that the site needs to get a bit more traffic before it can become a viable income source however you should certainly check it out.

Bonus option – Get part/all of your salary in Bitcoin

Bitwage is a company that supplies a bank account to workers in any country who receive wages and business disbursements from the US/EU/UK and then pays them out in Bitcoin. This way if you work at any job that can pay to Bitwage’s account you can get your salary in Bitcoin. You can also choose to only have part of your salary in Bitcoin and the rest in fiat currency.

Here’s a brief movie of how it works:

There’s no such thing as effortless money

There you have it; this is the total array of possibilities to earn Bitcoins online today. As I said in the beginning, there’s no such thing as free Bitcoins – in each of these options it will either cost you time or money to generate more coins. To wrap things up, I made this chart showcasing where each of the options I’ve just listed is located on the “effort – income” axes.

If you have more ideas for earning Bitcoins online, list them in the comment section below. I’d love to hear about them.

How to Get Bitcoins – A Guide to Earning Bitcoins Rapid and Free in two thousand seventeen

How to Get Bitcoins – A Guide to Earning Bitcoins Prompt and Free in two thousand seventeen

It’s been a while since I wrote a fresh post, and it feels good to be back! Today, I’m going to cover all of the available ways there are to to earn Bitcoins online. Before I begin, I just want to make something very clear:

There is no effortless way to make a substantial amount of Bitcoins

Table of Contents

Just like there’s no effortless way to make a substantial amount of US dollars or any other valuable currency for that matter. The good news is that if you’re willing to put in the effort, you can achieve some very nice earnings online. Later on in this post, I’ll expose some of my own earnings so you can see what I mean.

Also, there’s no such thing as “free bitcoins”. It will always cost you something to get Bitcoins. It may not always be money, but something needs to be spent, whether it’s time, your email address, viewing ads or anything else.

I hope I didn’t burst your bubble too much right at the embark of this post, but if you’re still here with me, let’s dive into the different ways you can earn Bitcoins today.

#1 – Micro Earnings

This is very likely the easiest niche to get into, but it’s also the most time consuming. Methods that belong to this niche usually take up a lot of time and pay a fairly puny (almost irrelevant) amount of Bitcoins. Even if you have a lot of free time on your forearms, this still won’t bring you too much income. Also, some of the websites that pay out micro earnings have built-in malware and viruses, so you need to stay safe and not click any links you don’t trust.

PTC or Paid-to-Click websites ($0.Four/hour on avg.)

As the name suggests, these are websites that will give you puny amounts of Bitcoin for viewing ads and visiting websites. The most popular PTC website today is ads4BTC. The site will give you a choice inbetween 5-second ads, 10-second ads and 20-second ads, as shown here:

As you can see, even if we witness 20-second ads all day long for twenty four hours, we will be making 0.0216BTC. So basically, we’ll be making $9.612 for twenty four hours of work.

Bitcoin Faucets ($0.054/hour on avg.)

Even however running a Bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a puny quantity of Bitcoins every few minutes. For example, Milli, our own Bitcoin faucet gives up to one thousand Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the one thousand prize every time for a total twenty four hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for twenty four hours of work (and we have one of the highest-paying faucets in the industry).

Micro jobs

There is always the possibility of completing micro tasks in order to get paid petite amounts of Bitcoin. Coinworker is a good example of a micro jobs Bitcoin site. Jobs can be anything from testing a web application on a browser to retweeting a post.

#Two – Writing about Bitcoin

Writing about Bitcoin requires time, skill and the capability to write in the required language (usually English). Through writing, you can begin making a nice income depending on where you choose to write.

BitcoinTalk Signature Campaigns ($Two.67/hour on avg.)

Somewhere around mid-2014, BitcoinTalk commenced running signature campaigns. What this means is that you use your BitcoinTalk’s signature to advertise a Bitcoin product and get paid for every post you write. The accomplish list of campaigns can be seen here. Of course, this created a lot of “junk” posts on BitcoinTalk, like people telling just “thank you” or “awesome post” and not adding any actual content.

You get paid according to your membership level on BitcoinTalk. Usually, anyone under a total member won’t get paid that much or paid at all. To becoming a total member, you’ll need at least one hundred twenty posts under your belt, and then you can begin earning 0.0005BTC on average per post. There are also limitations on posts you can write such as “original posts with sixty or more characters”, “You can’t have negative trust or other advertisements”, etc. Sometimes, there’s also a minimum post requirement per week.

Witnessing as writing a constructive post of at least sixty words takes a minimum of five minutes, my guess is that if you work for twenty four hours straight, you can make 0.144BTC. So you’ll be making $64.08 for twenty four hours of work. This, of course, does not include the number of posts you need to write in order to get the required membership level on BitcoinTalk. Also, many campaigns have a “maximum posts permitted per week” policy, so you may not be able to work a total twenty four hours.

Writing for blogs and news sites ($31.25/hour on avg.)

If you think you have enough skill to contribute about Bitcoin, you can always become a writer for a blog or a news site. Many sites need to pack up a daily quota of posts, and they are despairingly looking for writers. We hire the occasional writer on 99Bitcoins as well, and I can say that the salary of a blog post writer will vary significantly based on your practice, control of the English language and expertise. If you’re a top-notch writer, you can even make up to $80 per 1000-word blog post. On average, I’m guessing most writer get somewhere around $35 for a 1000-word blog post.

But writing a good blog post takes time. For example, it took me about four hours to write this 2400-word blog post. So let’s say, theoretically, that I can work for twenty four hours straight; I’ll be making around $750. If you want to become a writer, the best way to find Bitcoin blogs that are looking for writers is through Coinality, which aggregates all of the Bitcoin jobs being posted online.

#Trio – Supply Bitcoin-related services

This category is a bit broad, as it includes every possible Bitcoin service that you can think of that someone would pay for. The best ways to get ideas for services you can provide is to visit either Coinality (which I’ve mentioned previously) or the services thread on BitcoinTalk. Some examples for services people are looking for:

  • Blockchain developer
  • Website manager
  • Graphic design experienced
  • Mining accomplished
  • Online marketer, etc.

Becoming a Bitcoin escrow agent

One example of a service you can provide is becoming a Bitcoin escrow agent and getting paid for arbitration in Bitcoin transactions (more on that here). Of course, this will mean you will need to build up some sort of reputation for yourself as a trustworthy person in the community.

I can’t truly put a price estimate on this category, since every service is different. This is something you will have to personally research depending on the service you’d like to provide.

#Four – Bitcoin lending

If you own some Bitcoins and want to increase their value, you can always look into Bitcoin lending. The idea is pretty ordinary – you lend out a certain amount of your coins to people for crypto-related projects (usually) and get them back with an interest.

The good news is that you can get very high comebacks through lending. The bad news is that with high comes back also comes high risk. Some of the people you will lend to won’t come back your money, or you might have to pursue them in order to make sure they pay. That’s why it’s significant to choose your lending projects wisely. Here’s my own private practice with Bitcoin lending, and here’s how to choose a good lending project.

There are presently three main websites that deal with Bitcoin lending – BTCJam, Bitbond and Loanbase.

Update: I no longer thing this is a safe way to earn Bitcoins. You’re more likely to lose your money than to get it back. Here’s some stuff I’ve learned along the way.

Bitcoin Investment sites (avoid at all costs!)

There are hundreds of sites around the web that claims they can multiply your Bitcoin, give you super high daily interest on your coins or do all sorts of other “magical” stuff if you just send them your coins. These sites are known as HYIPs (High Yield Investment Programs) and from my individual practice they are 100% scam.

Every day I get at least one or two emails from people who have been conned by these sites. What the site generally does is pay members using fresh member deposits that come in. This proceeds until one day the site determines to fully vanish from the web with the majority of their investors money.

I can’t emphasis enough how dangerous these sites are – AVOID THEM AT ALL COSTS!! They are not a way to earn Bitcoins, they are a way to lose Bitcoins. If you’re not sure if a site is legit or not, I suggest using the Bitcoin scam test to find out.

#Five – Mine Bitcoins

I’m going to be brief about this option. Bitcoin mining is not a way to earn Bitcoin swift or free. It takes a lot of time, research and money that you’ll need to invest into mining equipment. If you’re a newcomer, then you very likely shouldn’t be pursuing this. If you’re a veteran, then you very likely already know this.

Sure, you’ll be able to generate Bitcoins even if you use your own PC at home, but if you use a mining calculator, you’ll see that you’ll be making 0.00000968BTC a day ($0.0043) and spending perhaps 100x that on violet wand bills or cooling down your computer (in hopes it doesn’t get ruined in the process). If you’ve missed our latest movie about Bitcoin mining, perhaps this will give you a clearer explanation of what mining is and why you should very likely stay away from it:

Some of you may say “but I witnessed some cloud-mining websites that permit me to profit without the need to pay the expenses involved in mining”. Well, in that case, you should perhaps read this article I wrote a while back. TL;DR – IMO, most, if not all, Bitcoin cloud mining websites are ponzi schemes that uncommonly actually use your investment to mine Bitcoins.

#6 – Gambling

This part doesn’t need a lot of explanation, I guess. There are a lot of Bitcoin gambling websites out there that will gladly take your money for the chance of winning a fatter pot. Here’s just one example. The upside about gambling is that it doesn’t take any specific skill to begin doing it; the downside is that it’s much more likely that you’ll lose all of your Bitcoins than actually win anything.

#7 – Bitcoin trading

Today, there are many forms of Bitcoin trading available. If you’re interested in getting embarked with trading, you need to make sure you have the required skill. In the following weeks, I’ll post a finish beginner’s tutorial on Bitcoin trading, but for now, here are the main options:

Bitcoin day trading

Day trading is the buying and selling of Bitcoins on the same day, on the basis of petite, short-term price fluctuations. So, if you think that Bitcoin’s price is going to go up, it’s a good time to buy some Bitcoins and sell them off after you’ve made a profit. In order to participate in actual day trading, you’ll have to own or buy Bitcoins.

Bitcoin CFDs (contracts for difference)

This is similar to day trading, but different to the extent that you don’t have to buy Bitcoins. When you buy Bitcoin CFDs, you can do it through a broker such as plus500 or AvaTrade. The idea is that instead of buying the actual asset (Bitcoin) and then selling it later, you buy a contract for that asset, so you don’t have to deal with actually holding or storing Bitcoins. More on Bitcoin CFDs here. With CFDs you can also brief sell – meaning make a profit when Bitcoin’s price goes down.

Bitcoin binary options

Bitcoin binary options are a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct, you earn the option’s payoff; if you’re incorrect, you lose your investment. They are called “Binary Options”, because the outcome is either win or lose; there’s nothing in inbetween.

Basically, it’s a form of gambling that’s covered up with a pretty name. No one can predict precisely what will happen with Bitcoin’s price. If that were possible, we would all be billionaires. I suggest you stay away from Bitcoin binary options unless you like to gamble, and if you do, that’s fine I guess.

#8 – Bitcoin affiliate marketing

I’ve written a lot in the past about how I generate a nice amount of Bitcoins through affiliate programs. The idea of an affiliate program is that you promote someone else’s product and they pay you in come back for sales you bring in. So, for example, I can promote TREZOR (which is actually an awesome product that I personally use), and if someone determines to buy TREZOR and they came from my site, I get a commission for it. Just so you understand the potential in this, here are my TREZOR earnings from the past month:

*The negative transaction on Jan 5th is a payout from TREZOR for previous earnings.

As you can see it can adds up to a pretty nice amount, especially when you consider that once I set up a post that generates referral, it’s basically all autopilot from there. If you’re interested in going down this route, here’s some more information about affiliate marketing with Bitcoin. And here is a list of many of the Bitcoin affiliate programs out there.

#9 – Open a faucet / rotator

I came to know about this option only recently. I’ve written an extensive post about how to operate your own Bitcoin faucet, but if you don’t want the hassle of managing a faucet, you can also attempt to build a Bitcoin faucet rotator.

A rotator site is a site that permits you to quickly surf through different faucets without opening a fresh site or tab each time. The links to each faucet inwards the rotator are referral links, and the rotator holder earns a commission from each faucet you visit through it as well. You can take a look at 99Bitcoins’ rotator to get a better idea of what I mean.

However, rotators require maintenance as well, since Bitcoin faucets come and go pretty quickly and you’ll need to update your rotator accordingly. Having said that, if you make a successful rotator with a lot of traffic, you can most likely generate a nice income. Unluckily, our rotator isn’t that successful, so we’re only making a few thousand Satoshis a day (these are our actual payment stats).

#Ten – Play games to earn Bitcoins

Aside from gambling, which is also considered a game, there are a multitude of Bitcoin games that don’t require any investment, and permit you to earn Bitcoins while playing them. Think of them as a joy faucet, since you’ll most likely be wasting your time and earning very little as well.

ChopCoin, Coinbrawl and Bitcoin Aliens’ mobile app are just some examples of how you can make the task of earning puny amounts of Bitcoin pleasurable.

#11 – Earn Bitcoins by answering questions

A website that came to my attention not long ago is Bitfortip. The idea of the website is ordinary, someone posts a question with a prize. Whoever answers the question best gets the prize. The questions require some research online, here are some examples:

  • Find the cheapest price for the a specific mobile phone online
  • Find the best Bitcoin advertising platform

The amount of the Bitcoin prize is being determined from the inquirer. Minimum amount required is 0.0001 BTC. Harshly $0.06 with the current bitcoin price.

I’m not sure how much you’ll be able to earn with this site as it seems to have a fresh question posted about twice a week. This means that the site needs to get a bit more traffic before it can become a viable income source however you should undoubtedly check it out.

Bonus option – Get part/all of your salary in Bitcoin

Bitwage is a company that supplies a bank account to workers in any country who receive wages and business disbursements from the US/EU/UK and then pays them out in Bitcoin. This way if you work at any job that can pay to Bitwage’s account you can get your salary in Bitcoin. You can also choose to only have part of your salary in Bitcoin and the rest in fiat currency.

Here’s a brief movie of how it works:

There’s no such thing as effortless money

There you have it; this is the utter array of possibilities to earn Bitcoins online today. As I said in the beginning, there’s no such thing as free Bitcoins – in each of these options it will either cost you time or money to generate more coins. To wrap things up, I made this chart displaying where each of the options I’ve just listed is located on the “effort – income” axes.

If you have more ideas for earning Bitcoins online, list them in the comment section below. I’d love to hear about them.

How to Get Bitcoins – A Guide to Earning Bitcoins Swift and Free in two thousand seventeen

How to Get Bitcoins – A Guide to Earning Bitcoins Swift and Free in two thousand seventeen

It’s been a while since I wrote a fresh post, and it feels good to be back! Today, I’m going to cover all of the available ways there are to to earn Bitcoins online. Before I begin, I just want to make something very clear:

There is no effortless way to make a substantial amount of Bitcoins

Table of Contents

Just like there’s no effortless way to make a substantial amount of US dollars or any other valuable currency for that matter. The good news is that if you’re willing to put in the effort, you can achieve some very nice earnings online. Later on in this post, I’ll expose some of my own earnings so you can see what I mean.

Also, there’s no such thing as “free bitcoins”. It will always cost you something to get Bitcoins. It may not always be money, but something needs to be spent, whether it’s time, your email address, viewing ads or anything else.

I hope I didn’t burst your bubble too much right at the begin of this post, but if you’re still here with me, let’s dive into the different ways you can earn Bitcoins today.

#1 – Micro Earnings

This is very likely the easiest niche to get into, but it’s also the most time consuming. Methods that belong to this niche usually take up a lot of time and pay a fairly petite (almost irrelevant) amount of Bitcoins. Even if you have a lot of free time on your palms, this still won’t bring you too much income. Also, some of the websites that pay out micro earnings have built-in malware and viruses, so you need to stay safe and not click any links you don’t trust.

PTC or Paid-to-Click websites ($0.Four/hour on avg.)

As the name suggests, these are websites that will give you petite amounts of Bitcoin for viewing ads and visiting websites. The most popular PTC website today is ads4BTC. The site will give you a choice inbetween 5-second ads, 10-second ads and 20-second ads, as shown here:

As you can see, even if we witness 20-second ads all day long for twenty four hours, we will be making 0.0216BTC. So basically, we’ll be making $9.612 for twenty four hours of work.

Bitcoin Faucets ($0.054/hour on avg.)

Even tho’ running a Bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a petite quantity of Bitcoins every few minutes. For example, Milli, our own Bitcoin faucet gives up to one thousand Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the one thousand prize every time for a total twenty four hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for twenty four hours of work (and we have one of the highest-paying faucets in the industry).

Micro jobs

There is always the possibility of completing micro tasks in order to get paid puny amounts of Bitcoin. Coinworker is a good example of a micro jobs Bitcoin site. Jobs can be anything from testing a web application on a browser to retweeting a post.

#Two – Writing about Bitcoin

Writing about Bitcoin requires time, skill and the capability to write in the required language (usually English). Through writing, you can begin making a nice income depending on where you choose to write.

BitcoinTalk Signature Campaigns ($Two.67/hour on avg.)

Somewhere around mid-2014, BitcoinTalk commenced running signature campaigns. What this means is that you use your BitcoinTalk’s signature to advertise a Bitcoin product and get paid for every post you write. The accomplish list of campaigns can be seen here. Of course, this created a lot of “junk” posts on BitcoinTalk, like people telling just “thank you” or “awesome post” and not adding any actual content.

You get paid according to your membership level on BitcoinTalk. Usually, anyone under a utter member won’t get paid that much or paid at all. To becoming a total member, you’ll need at least one hundred twenty posts under your belt, and then you can commence earning 0.0005BTC on average per post. There are also limitations on posts you can write such as “original posts with sixty or more characters”, “You can’t have negative trust or other advertisements”, etc. Sometimes, there’s also a minimum post requirement per week.

Eyeing as writing a constructive post of at least sixty words takes a minimum of five minutes, my guess is that if you work for twenty four hours straight, you can make 0.144BTC. So you’ll be making $64.08 for twenty four hours of work. This, of course, does not include the number of posts you need to write in order to get the required membership level on BitcoinTalk. Also, many campaigns have a “maximum posts permitted per week” policy, so you may not be able to work a utter twenty four hours.

Writing for blogs and news sites ($31.25/hour on avg.)

If you think you have enough skill to contribute about Bitcoin, you can always become a writer for a blog or a news site. Many sites need to pack up a daily quota of posts, and they are despairingly looking for writers. We hire the occasional writer on 99Bitcoins as well, and I can say that the salary of a blog post writer will vary significantly based on your practice, control of the English language and expertise. If you’re a top-notch writer, you can even make up to $80 per 1000-word blog post. On average, I’m guessing most writer get somewhere around $35 for a 1000-word blog post.

But writing a good blog post takes time. For example, it took me about four hours to write this 2400-word blog post. So let’s say, theoretically, that I can work for twenty four hours straight; I’ll be making around $750. If you want to become a writer, the best way to find Bitcoin blogs that are looking for writers is through Coinality, which aggregates all of the Bitcoin jobs being posted online.

#Trio – Supply Bitcoin-related services

This category is a bit broad, as it includes every possible Bitcoin service that you can think of that someone would pay for. The best ways to get ideas for services you can provide is to visit either Coinality (which I’ve mentioned previously) or the services thread on BitcoinTalk. Some examples for services people are looking for:

  • Blockchain developer
  • Website manager
  • Graphic design pro
  • Mining pro
  • Online marketer, etc.

Becoming a Bitcoin escrow agent

One example of a service you can provide is becoming a Bitcoin escrow agent and getting paid for arbitration in Bitcoin transactions (more on that here). Of course, this will mean you will need to build up some sort of reputation for yourself as a trustworthy person in the community.

I can’t truly put a price estimate on this category, since every service is different. This is something you will have to personally research depending on the service you’d like to provide.

#Four – Bitcoin lending

If you own some Bitcoins and want to increase their value, you can always look into Bitcoin lending. The idea is pretty ordinary – you lend out a certain amount of your coins to people for crypto-related projects (usually) and get them back with an interest.

The good news is that you can get very high comebacks through lending. The bad news is that with high comes back also comes high risk. Some of the people you will lend to won’t comeback your money, or you might have to pursue them in order to make sure they pay. That’s why it’s significant to choose your lending projects wisely. Here’s my own individual practice with Bitcoin lending, and here’s how to choose a good lending project.

There are presently three main websites that deal with Bitcoin lending – BTCJam, Bitbond and Loanbase.

Update: I no longer thing this is a safe way to earn Bitcoins. You’re more likely to lose your money than to get it back. Here’s some stuff I’ve learned along the way.

Bitcoin Investment sites (avoid at all costs!)

There are hundreds of sites around the web that claims they can multiply your Bitcoin, give you super high daily interest on your coins or do all sorts of other “magical” stuff if you just send them your coins. These sites are known as HYIPs (High Yield Investment Programs) and from my individual practice they are 100% scam.

Every day I get at least one or two emails from people who have been conned by these sites. What the site generally does is pay members using fresh member deposits that come in. This resumes until one day the site determines to downright vanish from the web with the majority of their investors money.

I can’t emphasis enough how dangerous these sites are – AVOID THEM AT ALL COSTS!! They are not a way to earn Bitcoins, they are a way to lose Bitcoins. If you’re not sure if a site is legit or not, I suggest using the Bitcoin scam test to find out.

#Five – Mine Bitcoins

I’m going to be brief about this option. Bitcoin mining is not a way to earn Bitcoin quick or free. It takes a lot of time, research and money that you’ll need to invest into mining equipment. If you’re a rookie, then you most likely shouldn’t be pursuing this. If you’re a veteran, then you most likely already know this.

Sure, you’ll be able to generate Bitcoins even if you use your own PC at home, but if you use a mining calculator, you’ll see that you’ll be making 0.00000968BTC a day ($0.0043) and spending perhaps 100x that on electrical play bills or cooling down your computer (in hopes it doesn’t get ruined in the process). If you’ve missed our latest movie about Bitcoin mining, perhaps this will give you a clearer explanation of what mining is and why you should most likely stay away from it:

Some of you may say “but I witnessed some cloud-mining websites that permit me to profit without the need to pay the expenses involved in mining”. Well, in that case, you should perhaps read this article I wrote a while back. TL;DR – IMO, most, if not all, Bitcoin cloud mining websites are ponzi schemes that uncommonly actually use your investment to mine Bitcoins.

#6 – Gambling

This part doesn’t need a lot of explanation, I guess. There are a lot of Bitcoin gambling websites out there that will gladly take your money for the chance of winning a fatter pot. Here’s just one example. The upside about gambling is that it doesn’t take any specific skill to embark doing it; the downside is that it’s much more likely that you’ll lose all of your Bitcoins than actually win anything.

#7 – Bitcoin trading

Today, there are many forms of Bitcoin trading available. If you’re interested in getting commenced with trading, you need to make sure you have the required skill. In the following weeks, I’ll post a accomplish beginner’s tutorial on Bitcoin trading, but for now, here are the main options:

Bitcoin day trading

Day trading is the buying and selling of Bitcoins on the same day, on the basis of petite, short-term price fluctuations. So, if you think that Bitcoin’s price is going to go up, it’s a good time to buy some Bitcoins and sell them off after you’ve made a profit. In order to participate in actual day trading, you’ll have to own or buy Bitcoins.

Bitcoin CFDs (contracts for difference)

This is similar to day trading, but different to the extent that you don’t have to buy Bitcoins. When you buy Bitcoin CFDs, you can do it through a broker such as plus500 or AvaTrade. The idea is that instead of buying the actual asset (Bitcoin) and then selling it later, you buy a contract for that asset, so you don’t have to deal with actually holding or storing Bitcoins. More on Bitcoin CFDs here. With CFDs you can also brief sell – meaning make a profit when Bitcoin’s price goes down.

Bitcoin binary options

Bitcoin binary options are a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct, you earn the option’s payoff; if you’re incorrect, you lose your investment. They are called “Binary Options”, because the outcome is either win or lose; there’s nothing in inbetween.

Basically, it’s a form of gambling that’s covered up with a pretty name. No one can predict precisely what will happen with Bitcoin’s price. If that were possible, we would all be billionaires. I suggest you stay away from Bitcoin binary options unless you like to gamble, and if you do, that’s fine I guess.

#8 – Bitcoin affiliate marketing

I’ve written a lot in the past about how I generate a nice amount of Bitcoins through affiliate programs. The idea of an affiliate program is that you promote someone else’s product and they pay you in comeback for sales you bring in. So, for example, I can promote TREZOR (which is actually an awesome product that I personally use), and if someone determines to buy TREZOR and they came from my site, I get a commission for it. Just so you understand the potential in this, here are my TREZOR earnings from the past month:

*The negative transaction on Jan 5th is a payout from TREZOR for previous earnings.

As you can see it can adds up to a pretty nice amount, especially when you consider that once I set up a post that generates referral, it’s basically all autopilot from there. If you’re interested in going down this route, here’s some more information about affiliate marketing with Bitcoin. And here is a list of many of the Bitcoin affiliate programs out there.

#9 – Open a faucet / rotator

I came to know about this option only recently. I’ve written an extensive post about how to operate your own Bitcoin faucet, but if you don’t want the hassle of managing a faucet, you can also attempt to build a Bitcoin faucet rotator.

A rotator site is a site that permits you to quickly surf through different faucets without opening a fresh site or tab each time. The links to each faucet inwards the rotator are referral links, and the rotator possessor earns a commission from each faucet you visit through it as well. You can take a look at 99Bitcoins’ rotator to get a better idea of what I mean.

However, rotators require maintenance as well, since Bitcoin faucets come and go pretty quickly and you’ll need to update your rotator accordingly. Having said that, if you make a successful rotator with a lot of traffic, you can very likely generate a nice income. Unluckily, our rotator isn’t that successful, so we’re only making a few thousand Satoshis a day (these are our actual payment stats).

#Ten – Play games to earn Bitcoins

Aside from gambling, which is also considered a game, there are a multitude of Bitcoin games that don’t require any investment, and permit you to earn Bitcoins while playing them. Think of them as a joy faucet, since you’ll most likely be wasting your time and earning very little as well.

ChopCoin, Coinbrawl and Bitcoin Aliens’ mobile app are just some examples of how you can make the task of earning puny amounts of Bitcoin pleasurable.

#11 – Earn Bitcoins by answering questions

A website that came to my attention not long ago is Bitfortip. The idea of the website is plain, someone posts a question with a prize. Whoever answers the question best gets the prize. The questions require some research online, here are some examples:

  • Find the cheapest price for the a specific mobile phone online
  • Find the best Bitcoin advertising platform

The amount of the Bitcoin prize is being determined from the inquirer. Minimum amount required is 0.0001 BTC. Toughly $0.06 with the current bitcoin price.

I’m not sure how much you’ll be able to earn with this site as it seems to have a fresh question posted about twice a week. This means that the site needs to get a bit more traffic before it can become a viable income source however you should undoubtedly check it out.

Bonus option – Get part/all of your salary in Bitcoin

Bitwage is a company that supplies a bank account to workers in any country who receive wages and business disbursements from the US/EU/UK and then pays them out in Bitcoin. This way if you work at any job that can pay to Bitwage’s account you can get your salary in Bitcoin. You can also choose to only have part of your salary in Bitcoin and the rest in fiat currency.

Here’s a brief movie of how it works:

There’s no such thing as effortless money

There you have it; this is the utter array of possibilities to earn Bitcoins online today. As I said in the beginning, there’s no such thing as free Bitcoins – in each of these options it will either cost you time or money to generate more coins. To wrap things up, I made this chart displaying where each of the options I’ve just listed is located on the “effort – income” axes.

If you have more ideas for earning Bitcoins online, list them in the comment section below. I’d love to hear about them.

How to Get Bitcoins – A Guide to Earning Bitcoins Swift and Free in two thousand seventeen

How to Get Bitcoins – A Guide to Earning Bitcoins Swift and Free in two thousand seventeen

It’s been a while since I wrote a fresh post, and it feels good to be back! Today, I’m going to cover all of the available ways there are to to earn Bitcoins online. Before I begin, I just want to make something very clear:

There is no effortless way to make a substantial amount of Bitcoins

Table of Contents

Just like there’s no effortless way to make a substantial amount of US dollars or any other valuable currency for that matter. The good news is that if you’re willing to put in the effort, you can achieve some very nice earnings online. Later on in this post, I’ll expose some of my own earnings so you can see what I mean.

Also, there’s no such thing as “free bitcoins”. It will always cost you something to get Bitcoins. It may not always be money, but something needs to be spent, whether it’s time, your email address, viewing ads or anything else.

I hope I didn’t burst your bubble too much right at the embark of this post, but if you’re still here with me, let’s dive into the different ways you can earn Bitcoins today.

#1 – Micro Earnings

This is most likely the easiest niche to get into, but it’s also the most time consuming. Methods that belong to this niche usually take up a lot of time and pay a fairly petite (almost irrelevant) amount of Bitcoins. Even if you have a lot of free time on your palms, this still won’t bring you too much income. Also, some of the websites that pay out micro earnings have built-in malware and viruses, so you need to stay safe and not click any links you don’t trust.

PTC or Paid-to-Click websites ($0.Four/hour on avg.)

As the name suggests, these are websites that will give you petite amounts of Bitcoin for viewing ads and visiting websites. The most popular PTC website today is ads4BTC. The site will give you a choice inbetween 5-second ads, 10-second ads and 20-second ads, as shown here:

As you can see, even if we observe 20-second ads all day long for twenty four hours, we will be making 0.0216BTC. So basically, we’ll be making $9.612 for twenty four hours of work.

Bitcoin Faucets ($0.054/hour on avg.)

Even however running a Bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a petite quantity of Bitcoins every few minutes. For example, Milli, our own Bitcoin faucet gives up to one thousand Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the one thousand prize every time for a total twenty four hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for twenty four hours of work (and we have one of the highest-paying faucets in the industry).

Micro jobs

There is always the possibility of completing micro tasks in order to get paid puny amounts of Bitcoin. Coinworker is a good example of a micro jobs Bitcoin site. Jobs can be anything from testing a web application on a browser to retweeting a post.

#Two – Writing about Bitcoin

Writing about Bitcoin requires time, skill and the capability to write in the required language (usually English). Through writing, you can commence making a nice income depending on where you choose to write.

BitcoinTalk Signature Campaigns ($Two.67/hour on avg.)

Somewhere around mid-2014, BitcoinTalk embarked running signature campaigns. What this means is that you use your BitcoinTalk’s signature to advertise a Bitcoin product and get paid for every post you write. The finish list of campaigns can be seen here. Of course, this created a lot of “junk” posts on BitcoinTalk, like people telling just “thank you” or “awesome post” and not adding any actual content.

You get paid according to your membership level on BitcoinTalk. Usually, anyone under a utter member won’t get paid that much or paid at all. To becoming a total member, you’ll need at least one hundred twenty posts under your belt, and then you can embark earning 0.0005BTC on average per post. There are also limitations on posts you can write such as “original posts with sixty or more characters”, “You can’t have negative trust or other advertisements”, etc. Sometimes, there’s also a minimum post requirement per week.

Observing as writing a constructive post of at least sixty words takes a minimum of five minutes, my guess is that if you work for twenty four hours straight, you can make 0.144BTC. So you’ll be making $64.08 for twenty four hours of work. This, of course, does not include the number of posts you need to write in order to get the required membership level on BitcoinTalk. Also, many campaigns have a “maximum posts permitted per week” policy, so you may not be able to work a total twenty four hours.

Writing for blogs and news sites ($31.25/hour on avg.)

If you think you have enough skill to contribute about Bitcoin, you can always become a writer for a blog or a news site. Many sites need to pack up a daily quota of posts, and they are despairingly looking for writers. We hire the occasional writer on 99Bitcoins as well, and I can say that the salary of a blog post writer will vary significantly based on your practice, control of the English language and expertise. If you’re a top-notch writer, you can even make up to $80 per 1000-word blog post. On average, I’m guessing most writer get somewhere around $35 for a 1000-word blog post.

But writing a good blog post takes time. For example, it took me about four hours to write this 2400-word blog post. So let’s say, theoretically, that I can work for twenty four hours straight; I’ll be making around $750. If you want to become a writer, the best way to find Bitcoin blogs that are looking for writers is through Coinality, which aggregates all of the Bitcoin jobs being posted online.

#Three – Supply Bitcoin-related services

This category is a bit broad, as it includes every possible Bitcoin service that you can think of that someone would pay for. The best ways to get ideas for services you can provide is to visit either Coinality (which I’ve mentioned previously) or the services thread on BitcoinTalk. Some examples for services people are looking for:

  • Blockchain developer
  • Website manager
  • Graphic design pro
  • Mining accomplished
  • Online marketer, etc.

Becoming a Bitcoin escrow agent

One example of a service you can provide is becoming a Bitcoin escrow agent and getting paid for arbitration in Bitcoin transactions (more on that here). Of course, this will mean you will need to build up some sort of reputation for yourself as a trustworthy person in the community.

I can’t truly put a price estimate on this category, since every service is different. This is something you will have to personally research depending on the service you’d like to provide.

#Four – Bitcoin lending

If you own some Bitcoins and want to increase their value, you can always look into Bitcoin lending. The idea is pretty ordinary – you lend out a certain amount of your coins to people for crypto-related projects (usually) and get them back with an interest.

The good news is that you can get very high comebacks through lending. The bad news is that with high comes back also comes high risk. Some of the people you will lend to won’t come back your money, or you might have to pursue them in order to make sure they pay. That’s why it’s significant to choose your lending projects wisely. Here’s my own private practice with Bitcoin lending, and here’s how to choose a good lending project.

There are presently three main websites that deal with Bitcoin lending – BTCJam, Bitbond and Loanbase.

Update: I no longer thing this is a safe way to earn Bitcoins. You’re more likely to lose your money than to get it back. Here’s some stuff I’ve learned along the way.

Bitcoin Investment sites (avoid at all costs!)

There are hundreds of sites around the web that claims they can multiply your Bitcoin, give you super high daily interest on your coins or do all sorts of other “magical” stuff if you just send them your coins. These sites are known as HYIPs (High Yield Investment Programs) and from my private practice they are 100% scam.

Every day I get at least one or two emails from people who have been conned by these sites. What the site generally does is pay members using fresh member deposits that come in. This proceeds until one day the site determines to entirely vanish from the web with the majority of their investors money.

I can’t emphasis enough how dangerous these sites are – AVOID THEM AT ALL COSTS!! They are not a way to earn Bitcoins, they are a way to lose Bitcoins. If you’re not sure if a site is legit or not, I suggest using the Bitcoin scam test to find out.

#Five – Mine Bitcoins

I’m going to be brief about this option. Bitcoin mining is not a way to earn Bitcoin swift or free. It takes a lot of time, research and money that you’ll need to invest into mining equipment. If you’re a beginner, then you very likely shouldn’t be pursuing this. If you’re a veteran, then you very likely already know this.

Sure, you’ll be able to generate Bitcoins even if you use your own PC at home, but if you use a mining calculator, you’ll see that you’ll be making 0.00000968BTC a day ($0.0043) and spending perhaps 100x that on tens unit bills or cooling down your computer (in hopes it doesn’t get ruined in the process). If you’ve missed our latest movie about Bitcoin mining, perhaps this will give you a clearer explanation of what mining is and why you should most likely stay away from it:

Some of you may say “but I witnessed some cloud-mining websites that permit me to profit without the need to pay the expenses involved in mining”. Well, in that case, you should perhaps read this article I wrote a while back. TL;DR – IMO, most, if not all, Bitcoin cloud mining websites are ponzi schemes that uncommonly actually use your investment to mine Bitcoins.

#6 – Gambling

This part doesn’t need a lot of explanation, I guess. There are a lot of Bitcoin gambling websites out there that will gladly take your money for the chance of winning a fatter pot. Here’s just one example. The upside about gambling is that it doesn’t take any specific skill to begin doing it; the downside is that it’s much more likely that you’ll lose all of your Bitcoins than actually win anything.

#7 – Bitcoin trading

Today, there are many forms of Bitcoin trading available. If you’re interested in getting commenced with trading, you need to make sure you have the required skill. In the following weeks, I’ll post a finish beginner’s tutorial on Bitcoin trading, but for now, here are the main options:

Bitcoin day trading

Day trading is the buying and selling of Bitcoins on the same day, on the basis of petite, short-term price fluctuations. So, if you think that Bitcoin’s price is going to go up, it’s a good time to buy some Bitcoins and sell them off after you’ve made a profit. In order to participate in actual day trading, you’ll have to own or buy Bitcoins.

Bitcoin CFDs (contracts for difference)

This is similar to day trading, but different to the extent that you don’t have to buy Bitcoins. When you buy Bitcoin CFDs, you can do it through a broker such as plus500 or AvaTrade. The idea is that instead of buying the actual asset (Bitcoin) and then selling it later, you buy a contract for that asset, so you don’t have to deal with actually holding or storing Bitcoins. More on Bitcoin CFDs here. With CFDs you can also brief sell – meaning make a profit when Bitcoin’s price goes down.

Bitcoin binary options

Bitcoin binary options are a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct, you earn the option’s payoff; if you’re incorrect, you lose your investment. They are called “Binary Options”, because the outcome is either win or lose; there’s nothing in inbetween.

Basically, it’s a form of gambling that’s covered up with a pretty name. No one can predict precisely what will happen with Bitcoin’s price. If that were possible, we would all be billionaires. I suggest you stay away from Bitcoin binary options unless you like to gamble, and if you do, that’s fine I guess.

#8 – Bitcoin affiliate marketing

I’ve written a lot in the past about how I generate a nice amount of Bitcoins through affiliate programs. The idea of an affiliate program is that you promote someone else’s product and they pay you in come back for sales you bring in. So, for example, I can promote TREZOR (which is actually an awesome product that I personally use), and if someone determines to buy TREZOR and they came from my site, I get a commission for it. Just so you understand the potential in this, here are my TREZOR earnings from the past month:

*The negative transaction on Jan 5th is a payout from TREZOR for previous earnings.

As you can see it can adds up to a pretty nice amount, especially when you consider that once I set up a post that generates referral, it’s basically all autopilot from there. If you’re interested in going down this route, here’s some more information about affiliate marketing with Bitcoin. And here is a list of many of the Bitcoin affiliate programs out there.

#9 – Open a faucet / rotator

I came to know about this option only recently. I’ve written an extensive post about how to operate your own Bitcoin faucet, but if you don’t want the hassle of managing a faucet, you can also attempt to build a Bitcoin faucet rotator.

A rotator site is a site that permits you to quickly surf through different faucets without opening a fresh site or tab each time. The links to each faucet inwards the rotator are referral links, and the rotator possessor earns a commission from each faucet you visit through it as well. You can take a look at 99Bitcoins’ rotator to get a better idea of what I mean.

However, rotators require maintenance as well, since Bitcoin faucets come and go pretty quickly and you’ll need to update your rotator accordingly. Having said that, if you make a successful rotator with a lot of traffic, you can most likely generate a nice income. Unluckily, our rotator isn’t that successful, so we’re only making a few thousand Satoshis a day (these are our actual payment stats).

#Ten – Play games to earn Bitcoins

Aside from gambling, which is also considered a game, there are a diversity of Bitcoin games that don’t require any investment, and permit you to earn Bitcoins while playing them. Think of them as a joy faucet, since you’ll most likely be wasting your time and earning very little as well.

ChopCoin, Coinbrawl and Bitcoin Aliens’ mobile app are just some examples of how you can make the task of earning petite amounts of Bitcoin pleasurable.

#11 – Earn Bitcoins by answering questions

A website that came to my attention not long ago is Bitfortip. The idea of the website is plain, someone posts a question with a prize. Whoever answers the question best gets the prize. The questions require some research online, here are some examples:

  • Find the cheapest price for the a specific mobile phone online
  • Find the best Bitcoin advertising platform

The amount of the Bitcoin prize is being determined from the inquirer. Minimum amount required is 0.0001 BTC. Toughly $0.06 with the current bitcoin price.

I’m not sure how much you’ll be able to earn with this site as it seems to have a fresh question posted about twice a week. This means that the site needs to get a bit more traffic before it can become a viable income source however you should undoubtedly check it out.

Bonus option – Get part/all of your salary in Bitcoin

Bitwage is a company that supplies a bank account to workers in any country who receive wages and business disbursements from the US/EU/UK and then pays them out in Bitcoin. This way if you work at any job that can pay to Bitwage’s account you can get your salary in Bitcoin. You can also choose to only have part of your salary in Bitcoin and the rest in fiat currency.

Here’s a brief movie of how it works:

There’s no such thing as effortless money

There you have it; this is the utter array of possibilities to earn Bitcoins online today. As I said in the beginning, there’s no such thing as free Bitcoins – in each of these options it will either cost you time or money to generate more coins. To wrap things up, I made this chart showcasing where each of the options I’ve just listed is located on the “effort – income” axes.

If you have more ideas for earning Bitcoins online, list them in the comment section below. I’d love to hear about them.

How to Get Bitcoins – A Guide to Earning Bitcoins Swift and Free in two thousand seventeen

How to Get Bitcoins – A Guide to Earning Bitcoins Swift and Free in two thousand seventeen

It’s been a while since I wrote a fresh post, and it feels good to be back! Today, I’m going to cover all of the available ways there are to to earn Bitcoins online. Before I begin, I just want to make something very clear:

There is no effortless way to make a substantial amount of Bitcoins

Table of Contents

Just like there’s no effortless way to make a substantial amount of US dollars or any other valuable currency for that matter. The good news is that if you’re willing to put in the effort, you can achieve some very nice earnings online. Later on in this post, I’ll expose some of my own earnings so you can see what I mean.

Also, there’s no such thing as “free bitcoins”. It will always cost you something to get Bitcoins. It may not always be money, but something needs to be spent, whether it’s time, your email address, viewing ads or anything else.

I hope I didn’t burst your bubble too much right at the commence of this post, but if you’re still here with me, let’s dive into the different ways you can earn Bitcoins today.

#1 – Micro Earnings

This is most likely the easiest niche to get into, but it’s also the most time consuming. Methods that belong to this niche usually take up a lot of time and pay a fairly puny (almost irrelevant) amount of Bitcoins. Even if you have a lot of free time on your palms, this still won’t bring you too much income. Also, some of the websites that pay out micro earnings have built-in malware and viruses, so you need to stay safe and not click any links you don’t trust.

PTC or Paid-to-Click websites ($0.Four/hour on avg.)

As the name suggests, these are websites that will give you petite amounts of Bitcoin for viewing ads and visiting websites. The most popular PTC website today is ads4BTC. The site will give you a choice inbetween 5-second ads, 10-second ads and 20-second ads, as shown here:

As you can see, even if we observe 20-second ads all day long for twenty four hours, we will be making 0.0216BTC. So basically, we’ll be making $9.612 for twenty four hours of work.

Bitcoin Faucets ($0.054/hour on avg.)

Even tho’ running a Bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a puny quantity of Bitcoins every few minutes. For example, Milli, our own Bitcoin faucet gives up to one thousand Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the one thousand prize every time for a utter twenty four hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for twenty four hours of work (and we have one of the highest-paying faucets in the industry).

Micro jobs

There is always the possibility of completing micro tasks in order to get paid puny amounts of Bitcoin. Coinworker is a good example of a micro jobs Bitcoin site. Jobs can be anything from testing a web application on a browser to retweeting a post.

#Two – Writing about Bitcoin

Writing about Bitcoin requires time, skill and the capability to write in the required language (usually English). Through writing, you can embark making a nice income depending on where you choose to write.

BitcoinTalk Signature Campaigns ($Two.67/hour on avg.)

Somewhere around mid-2014, BitcoinTalk commenced running signature campaigns. What this means is that you use your BitcoinTalk’s signature to advertise a Bitcoin product and get paid for every post you write. The accomplish list of campaigns can be seen here. Of course, this created a lot of “junk” posts on BitcoinTalk, like people telling just “thank you” or “awesome post” and not adding any actual content.

You get paid according to your membership level on BitcoinTalk. Usually, anyone under a utter member won’t get paid that much or paid at all. To becoming a total member, you’ll need at least one hundred twenty posts under your belt, and then you can embark earning 0.0005BTC on average per post. There are also limitations on posts you can write such as “original posts with sixty or more characters”, “You can’t have negative trust or other advertisements”, etc. Sometimes, there’s also a minimum post requirement per week.

Witnessing as writing a constructive post of at least sixty words takes a minimum of five minutes, my guess is that if you work for twenty four hours straight, you can make 0.144BTC. So you’ll be making $64.08 for twenty four hours of work. This, of course, does not include the number of posts you need to write in order to get the required membership level on BitcoinTalk. Also, many campaigns have a “maximum posts permitted per week” policy, so you may not be able to work a total twenty four hours.

Writing for blogs and news sites ($31.25/hour on avg.)

If you think you have enough skill to contribute about Bitcoin, you can always become a writer for a blog or a news site. Many sites need to pack up a daily quota of posts, and they are despairingly looking for writers. We hire the occasional writer on 99Bitcoins as well, and I can say that the salary of a blog post writer will vary significantly based on your practice, control of the English language and expertise. If you’re a top-notch writer, you can even make up to $80 per 1000-word blog post. On average, I’m guessing most writer get somewhere around $35 for a 1000-word blog post.

But writing a good blog post takes time. For example, it took me about four hours to write this 2400-word blog post. So let’s say, theoretically, that I can work for twenty four hours straight; I’ll be making around $750. If you want to become a writer, the best way to find Bitcoin blogs that are looking for writers is through Coinality, which aggregates all of the Bitcoin jobs being posted online.

#Trio – Supply Bitcoin-related services

This category is a bit broad, as it includes every possible Bitcoin service that you can think of that someone would pay for. The best ways to get ideas for services you can provide is to visit either Coinality (which I’ve mentioned previously) or the services thread on BitcoinTalk. Some examples for services people are looking for:

  • Blockchain developer
  • Website manager
  • Graphic design accomplished
  • Mining pro
  • Online marketer, etc.

Becoming a Bitcoin escrow agent

One example of a service you can provide is becoming a Bitcoin escrow agent and getting paid for arbitration in Bitcoin transactions (more on that here). Of course, this will mean you will need to build up some sort of reputation for yourself as a trustworthy person in the community.

I can’t truly put a price estimate on this category, since every service is different. This is something you will have to personally research depending on the service you’d like to provide.

#Four – Bitcoin lending

If you own some Bitcoins and want to increase their value, you can always look into Bitcoin lending. The idea is pretty elementary – you lend out a certain amount of your coins to people for crypto-related projects (usually) and get them back with an interest.

The good news is that you can get very high comes back through lending. The bad news is that with high comebacks also comes high risk. Some of the people you will lend to won’t comeback your money, or you might have to pursue them in order to make sure they pay. That’s why it’s significant to choose your lending projects wisely. Here’s my own individual practice with Bitcoin lending, and here’s how to choose a good lending project.

There are presently three main websites that deal with Bitcoin lending – BTCJam, Bitbond and Loanbase.

Update: I no longer thing this is a safe way to earn Bitcoins. You’re more likely to lose your money than to get it back. Here’s some stuff I’ve learned along the way.

Bitcoin Investment sites (avoid at all costs!)

There are hundreds of sites around the web that claims they can multiply your Bitcoin, give you super high daily interest on your coins or do all sorts of other “magical” stuff if you just send them your coins. These sites are known as HYIPs (High Yield Investment Programs) and from my private practice they are 100% scam.

Every day I get at least one or two emails from people who have been conned by these sites. What the site generally does is pay members using fresh member deposits that come in. This proceeds until one day the site determines to fully vanish from the web with the majority of their investors money.

I can’t emphasis enough how dangerous these sites are – AVOID THEM AT ALL COSTS!! They are not a way to earn Bitcoins, they are a way to lose Bitcoins. If you’re not sure if a site is legit or not, I suggest using the Bitcoin scam test to find out.

#Five – Mine Bitcoins

I’m going to be brief about this option. Bitcoin mining is not a way to earn Bitcoin swift or free. It takes a lot of time, research and money that you’ll need to invest into mining equipment. If you’re a new-comer, then you most likely shouldn’t be pursuing this. If you’re a veteran, then you very likely already know this.

Sure, you’ll be able to generate Bitcoins even if you use your own PC at home, but if you use a mining calculator, you’ll see that you’ll be making 0.00000968BTC a day ($0.0043) and spending perhaps 100x that on electro-therapy bills or cooling down your computer (in hopes it doesn’t get ruined in the process). If you’ve missed our latest movie about Bitcoin mining, perhaps this will give you a clearer explanation of what mining is and why you should very likely stay away from it:

Some of you may say “but I witnessed some cloud-mining websites that permit me to profit without the need to pay the expenses involved in mining”. Well, in that case, you should perhaps read this article I wrote a while back. TL;DR – IMO, most, if not all, Bitcoin cloud mining websites are ponzi schemes that uncommonly actually use your investment to mine Bitcoins.

#6 – Gambling

This part doesn’t need a lot of explanation, I guess. There are a lot of Bitcoin gambling websites out there that will gladly take your money for the chance of winning a fatter pot. Here’s just one example. The upside about gambling is that it doesn’t take any specific skill to embark doing it; the downside is that it’s much more likely that you’ll lose all of your Bitcoins than actually win anything.

#7 – Bitcoin trading

Today, there are many forms of Bitcoin trading available. If you’re interested in getting embarked with trading, you need to make sure you have the required skill. In the following weeks, I’ll post a finish beginner’s tutorial on Bitcoin trading, but for now, here are the main options:

Bitcoin day trading

Day trading is the buying and selling of Bitcoins on the same day, on the basis of petite, short-term price fluctuations. So, if you think that Bitcoin’s price is going to go up, it’s a good time to buy some Bitcoins and sell them off after you’ve made a profit. In order to participate in actual day trading, you’ll have to own or buy Bitcoins.

Bitcoin CFDs (contracts for difference)

This is similar to day trading, but different to the extent that you don’t have to buy Bitcoins. When you buy Bitcoin CFDs, you can do it through a broker such as plus500 or AvaTrade. The idea is that instead of buying the actual asset (Bitcoin) and then selling it later, you buy a contract for that asset, so you don’t have to deal with actually holding or storing Bitcoins. More on Bitcoin CFDs here. With CFDs you can also brief sell – meaning make a profit when Bitcoin’s price goes down.

Bitcoin binary options

Bitcoin binary options are a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct, you earn the option’s payoff; if you’re incorrect, you lose your investment. They are called “Binary Options”, because the outcome is either win or lose; there’s nothing in inbetween.

Basically, it’s a form of gambling that’s covered up with a pretty name. No one can predict precisely what will happen with Bitcoin’s price. If that were possible, we would all be billionaires. I suggest you stay away from Bitcoin binary options unless you like to gamble, and if you do, that’s fine I guess.

#8 – Bitcoin affiliate marketing

I’ve written a lot in the past about how I generate a nice amount of Bitcoins through affiliate programs. The idea of an affiliate program is that you promote someone else’s product and they pay you in comeback for sales you bring in. So, for example, I can promote TREZOR (which is actually an awesome product that I personally use), and if someone determines to buy TREZOR and they came from my site, I get a commission for it. Just so you understand the potential in this, here are my TREZOR earnings from the past month:

*The negative transaction on Jan 5th is a payout from TREZOR for previous earnings.

As you can see it can adds up to a pretty nice amount, especially when you consider that once I set up a post that generates referral, it’s basically all autopilot from there. If you’re interested in going down this route, here’s some more information about affiliate marketing with Bitcoin. And here is a list of many of the Bitcoin affiliate programs out there.

#9 – Open a faucet / rotator

I came to know about this option only recently. I’ve written an extensive post about how to operate your own Bitcoin faucet, but if you don’t want the hassle of managing a faucet, you can also attempt to build a Bitcoin faucet rotator.

A rotator site is a site that permits you to quickly surf through different faucets without opening a fresh site or tab each time. The links to each faucet inwards the rotator are referral links, and the rotator proprietor earns a commission from each faucet you visit through it as well. You can take a look at 99Bitcoins’ rotator to get a better idea of what I mean.

However, rotators require maintenance as well, since Bitcoin faucets come and go pretty quickly and you’ll need to update your rotator accordingly. Having said that, if you make a successful rotator with a lot of traffic, you can very likely generate a nice income. Unluckily, our rotator isn’t that successful, so we’re only making a few thousand Satoshis a day (these are our actual payment stats).

#Ten – Play games to earn Bitcoins

Aside from gambling, which is also considered a game, there are a multitude of Bitcoin games that don’t require any investment, and permit you to earn Bitcoins while playing them. Think of them as a joy faucet, since you’ll very likely be wasting your time and earning very little as well.

ChopCoin, Coinbrawl and Bitcoin Aliens’ mobile app are just some examples of how you can make the task of earning petite amounts of Bitcoin pleasurable.

#11 – Earn Bitcoins by answering questions

A website that came to my attention not long ago is Bitfortip. The idea of the website is plain, someone posts a question with a prize. Whoever answers the question best gets the prize. The questions require some research online, here are some examples:

  • Find the cheapest price for the a specific mobile phone online
  • Find the best Bitcoin advertising platform

The amount of the Bitcoin prize is being determined from the inquirer. Minimum amount required is 0.0001 BTC. Harshly $0.06 with the current bitcoin price.

I’m not sure how much you’ll be able to earn with this site as it seems to have a fresh question posted about twice a week. This means that the site needs to get a bit more traffic before it can become a viable income source however you should certainly check it out.

Bonus option – Get part/all of your salary in Bitcoin

Bitwage is a company that supplies a bank account to workers in any country who receive wages and business disbursements from the US/EU/UK and then pays them out in Bitcoin. This way if you work at any job that can pay to Bitwage’s account you can get your salary in Bitcoin. You can also choose to only have part of your salary in Bitcoin and the rest in fiat currency.

Here’s a brief movie of how it works:

There’s no such thing as effortless money

There you have it; this is the total array of possibilities to earn Bitcoins online today. As I said in the beginning, there’s no such thing as free Bitcoins – in each of these options it will either cost you time or money to generate more coins. To wrap things up, I made this chart showcasing where each of the options I’ve just listed is located on the “effort – income” axes.

If you have more ideas for earning Bitcoins online, list them in the comment section below. I’d love to hear about them.

How to Get Bitcoins – A Guide to Earning Bitcoins Prompt and Free in two thousand seventeen

How to Get Bitcoins – A Guide to Earning Bitcoins Swift and Free in two thousand seventeen

It’s been a while since I wrote a fresh post, and it feels good to be back! Today, I’m going to cover all of the available ways there are to to earn Bitcoins online. Before I begin, I just want to make something very clear:

There is no effortless way to make a substantial amount of Bitcoins

Table of Contents

Just like there’s no effortless way to make a substantial amount of US dollars or any other valuable currency for that matter. The good news is that if you’re willing to put in the effort, you can achieve some very nice earnings online. Later on in this post, I’ll expose some of my own earnings so you can see what I mean.

Also, there’s no such thing as “free bitcoins”. It will always cost you something to get Bitcoins. It may not always be money, but something needs to be spent, whether it’s time, your email address, viewing ads or anything else.

I hope I didn’t burst your bubble too much right at the embark of this post, but if you’re still here with me, let’s dive into the different ways you can earn Bitcoins today.

#1 – Micro Earnings

This is most likely the easiest niche to get into, but it’s also the most time consuming. Methods that belong to this niche usually take up a lot of time and pay a fairly puny (almost irrelevant) amount of Bitcoins. Even if you have a lot of free time on your palms, this still won’t bring you too much income. Also, some of the websites that pay out micro earnings have built-in malware and viruses, so you need to stay safe and not click any links you don’t trust.

PTC or Paid-to-Click websites ($0.Four/hour on avg.)

As the name suggests, these are websites that will give you puny amounts of Bitcoin for viewing ads and visiting websites. The most popular PTC website today is ads4BTC. The site will give you a choice inbetween 5-second ads, 10-second ads and 20-second ads, as shown here:

As you can see, even if we see 20-second ads all day long for twenty four hours, we will be making 0.0216BTC. So basically, we’ll be making $9.612 for twenty four hours of work.

Bitcoin Faucets ($0.054/hour on avg.)

Even tho’ running a Bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a petite quantity of Bitcoins every few minutes. For example, Milli, our own Bitcoin faucet gives up to one thousand Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the one thousand prize every time for a utter twenty four hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for twenty four hours of work (and we have one of the highest-paying faucets in the industry).

Micro jobs

There is always the possibility of completing micro tasks in order to get paid petite amounts of Bitcoin. Coinworker is a good example of a micro jobs Bitcoin site. Jobs can be anything from testing a web application on a browser to retweeting a post.

#Two – Writing about Bitcoin

Writing about Bitcoin requires time, skill and the capability to write in the required language (usually English). Through writing, you can embark making a nice income depending on where you choose to write.

BitcoinTalk Signature Campaigns ($Two.67/hour on avg.)

Somewhere around mid-2014, BitcoinTalk commenced running signature campaigns. What this means is that you use your BitcoinTalk’s signature to advertise a Bitcoin product and get paid for every post you write. The accomplish list of campaigns can be seen here. Of course, this created a lot of “junk” posts on BitcoinTalk, like people telling just “thank you” or “awesome post” and not adding any actual content.

You get paid according to your membership level on BitcoinTalk. Usually, anyone under a utter member won’t get paid that much or paid at all. To becoming a total member, you’ll need at least one hundred twenty posts under your belt, and then you can commence earning 0.0005BTC on average per post. There are also limitations on posts you can write such as “original posts with sixty or more characters”, “You can’t have negative trust or other advertisements”, etc. Sometimes, there’s also a minimum post requirement per week.

Witnessing as writing a constructive post of at least sixty words takes a minimum of five minutes, my guess is that if you work for twenty four hours straight, you can make 0.144BTC. So you’ll be making $64.08 for twenty four hours of work. This, of course, does not include the number of posts you need to write in order to get the required membership level on BitcoinTalk. Also, many campaigns have a “maximum posts permitted per week” policy, so you may not be able to work a total twenty four hours.

Writing for blogs and news sites ($31.25/hour on avg.)

If you think you have enough skill to contribute about Bitcoin, you can always become a writer for a blog or a news site. Many sites need to pack up a daily quota of posts, and they are despairingly looking for writers. We hire the occasional writer on 99Bitcoins as well, and I can say that the salary of a blog post writer will vary significantly based on your practice, control of the English language and expertise. If you’re a top-notch writer, you can even make up to $80 per 1000-word blog post. On average, I’m guessing most writer get somewhere around $35 for a 1000-word blog post.

But writing a good blog post takes time. For example, it took me about four hours to write this 2400-word blog post. So let’s say, theoretically, that I can work for twenty four hours straight; I’ll be making around $750. If you want to become a writer, the best way to find Bitcoin blogs that are looking for writers is through Coinality, which aggregates all of the Bitcoin jobs being posted online.

#Trio – Supply Bitcoin-related services

This category is a bit broad, as it includes every possible Bitcoin service that you can think of that someone would pay for. The best ways to get ideas for services you can provide is to visit either Coinality (which I’ve mentioned previously) or the services thread on BitcoinTalk. Some examples for services people are looking for:

  • Blockchain developer
  • Website manager
  • Graphic design accomplished
  • Mining experienced
  • Online marketer, etc.

Becoming a Bitcoin escrow agent

One example of a service you can provide is becoming a Bitcoin escrow agent and getting paid for arbitration in Bitcoin transactions (more on that here). Of course, this will mean you will need to build up some sort of reputation for yourself as a trustworthy person in the community.

I can’t truly put a price estimate on this category, since every service is different. This is something you will have to personally research depending on the service you’d like to provide.

#Four – Bitcoin lending

If you own some Bitcoins and want to increase their value, you can always look into Bitcoin lending. The idea is pretty ordinary – you lend out a certain amount of your coins to people for crypto-related projects (usually) and get them back with an interest.

The good news is that you can get very high comebacks through lending. The bad news is that with high comes back also comes high risk. Some of the people you will lend to won’t come back your money, or you might have to pursue them in order to make sure they pay. That’s why it’s significant to choose your lending projects wisely. Here’s my own individual practice with Bitcoin lending, and here’s how to choose a good lending project.

There are presently three main websites that deal with Bitcoin lending – BTCJam, Bitbond and Loanbase.

Update: I no longer thing this is a safe way to earn Bitcoins. You’re more likely to lose your money than to get it back. Here’s some stuff I’ve learned along the way.

Bitcoin Investment sites (avoid at all costs!)

There are hundreds of sites around the web that claims they can multiply your Bitcoin, give you super high daily interest on your coins or do all sorts of other “magical” stuff if you just send them your coins. These sites are known as HYIPs (High Yield Investment Programs) and from my individual practice they are 100% scam.

Every day I get at least one or two emails from people who have been conned by these sites. What the site generally does is pay members using fresh member deposits that come in. This resumes until one day the site determines to totally vanish from the web with the majority of their investors money.

I can’t emphasis enough how dangerous these sites are – AVOID THEM AT ALL COSTS!! They are not a way to earn Bitcoins, they are a way to lose Bitcoins. If you’re not sure if a site is legit or not, I suggest using the Bitcoin scam test to find out.

#Five – Mine Bitcoins

I’m going to be brief about this option. Bitcoin mining is not a way to earn Bitcoin rapid or free. It takes a lot of time, research and money that you’ll need to invest into mining equipment. If you’re a beginner, then you most likely shouldn’t be pursuing this. If you’re a veteran, then you most likely already know this.

Sure, you’ll be able to generate Bitcoins even if you use your own PC at home, but if you use a mining calculator, you’ll see that you’ll be making 0.00000968BTC a day ($0.0043) and spending perhaps 100x that on electrical play bills or cooling down your computer (in hopes it doesn’t get ruined in the process). If you’ve missed our latest movie about Bitcoin mining, perhaps this will give you a clearer explanation of what mining is and why you should very likely stay away from it:

Some of you may say “but I witnessed some cloud-mining websites that permit me to profit without the need to pay the expenses involved in mining”. Well, in that case, you should perhaps read this article I wrote a while back. TL;DR – IMO, most, if not all, Bitcoin cloud mining websites are ponzi schemes that infrequently actually use your investment to mine Bitcoins.

#6 – Gambling

This part doesn’t need a lot of explanation, I guess. There are a lot of Bitcoin gambling websites out there that will gladly take your money for the chance of winning a fatter pot. Here’s just one example. The upside about gambling is that it doesn’t take any specific skill to begin doing it; the downside is that it’s much more likely that you’ll lose all of your Bitcoins than actually win anything.

#7 – Bitcoin trading

Today, there are many forms of Bitcoin trading available. If you’re interested in getting began with trading, you need to make sure you have the required skill. In the following weeks, I’ll post a accomplish beginner’s tutorial on Bitcoin trading, but for now, here are the main options:

Bitcoin day trading

Day trading is the buying and selling of Bitcoins on the same day, on the basis of petite, short-term price fluctuations. So, if you think that Bitcoin’s price is going to go up, it’s a good time to buy some Bitcoins and sell them off after you’ve made a profit. In order to participate in actual day trading, you’ll have to own or buy Bitcoins.

Bitcoin CFDs (contracts for difference)

This is similar to day trading, but different to the extent that you don’t have to buy Bitcoins. When you buy Bitcoin CFDs, you can do it through a broker such as plus500 or AvaTrade. The idea is that instead of buying the actual asset (Bitcoin) and then selling it later, you buy a contract for that asset, so you don’t have to deal with actually holding or storing Bitcoins. More on Bitcoin CFDs here. With CFDs you can also brief sell – meaning make a profit when Bitcoin’s price goes down.

Bitcoin binary options

Bitcoin binary options are a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct, you earn the option’s payoff; if you’re incorrect, you lose your investment. They are called “Binary Options”, because the outcome is either win or lose; there’s nothing in inbetween.

Basically, it’s a form of gambling that’s covered up with a pretty name. No one can predict precisely what will happen with Bitcoin’s price. If that were possible, we would all be billionaires. I suggest you stay away from Bitcoin binary options unless you like to gamble, and if you do, that’s fine I guess.

#8 – Bitcoin affiliate marketing

I’ve written a lot in the past about how I generate a nice amount of Bitcoins through affiliate programs. The idea of an affiliate program is that you promote someone else’s product and they pay you in comeback for sales you bring in. So, for example, I can promote TREZOR (which is actually an awesome product that I personally use), and if someone determines to buy TREZOR and they came from my site, I get a commission for it. Just so you understand the potential in this, here are my TREZOR earnings from the past month:

*The negative transaction on Jan 5th is a payout from TREZOR for previous earnings.

As you can see it can adds up to a pretty nice amount, especially when you consider that once I set up a post that generates referral, it’s basically all autopilot from there. If you’re interested in going down this route, here’s some more information about affiliate marketing with Bitcoin. And here is a list of many of the Bitcoin affiliate programs out there.

#9 – Open a faucet / rotator

I came to know about this option only recently. I’ve written an extensive post about how to operate your own Bitcoin faucet, but if you don’t want the hassle of managing a faucet, you can also attempt to build a Bitcoin faucet rotator.

A rotator site is a site that permits you to quickly surf through different faucets without opening a fresh site or tab each time. The links to each faucet inwards the rotator are referral links, and the rotator holder earns a commission from each faucet you visit through it as well. You can take a look at 99Bitcoins’ rotator to get a better idea of what I mean.

However, rotators require maintenance as well, since Bitcoin faucets come and go pretty quickly and you’ll need to update your rotator accordingly. Having said that, if you make a successful rotator with a lot of traffic, you can very likely generate a nice income. Unluckily, our rotator isn’t that successful, so we’re only making a few thousand Satoshis a day (these are our actual payment stats).

#Ten – Play games to earn Bitcoins

Aside from gambling, which is also considered a game, there are a multiplicity of Bitcoin games that don’t require any investment, and permit you to earn Bitcoins while playing them. Think of them as a joy faucet, since you’ll very likely be wasting your time and earning very little as well.

ChopCoin, Coinbrawl and Bitcoin Aliens’ mobile app are just some examples of how you can make the task of earning petite amounts of Bitcoin pleasurable.

#11 – Earn Bitcoins by answering questions

A website that came to my attention not long ago is Bitfortip. The idea of the website is elementary, someone posts a question with a prize. Whoever answers the question best gets the prize. The questions require some research online, here are some examples:

  • Find the cheapest price for the a specific mobile phone online
  • Find the best Bitcoin advertising platform

The amount of the Bitcoin prize is being determined from the inquirer. Minimum amount required is 0.0001 BTC. Toughly $0.06 with the current bitcoin price.

I’m not sure how much you’ll be able to earn with this site as it seems to have a fresh question posted about twice a week. This means that the site needs to get a bit more traffic before it can become a viable income source however you should certainly check it out.

Bonus option – Get part/all of your salary in Bitcoin

Bitwage is a company that supplies a bank account to workers in any country who receive wages and business disbursements from the US/EU/UK and then pays them out in Bitcoin. This way if you work at any job that can pay to Bitwage’s account you can get your salary in Bitcoin. You can also choose to only have part of your salary in Bitcoin and the rest in fiat currency.

Here’s a brief movie of how it works:

There’s no such thing as effortless money

There you have it; this is the utter array of possibilities to earn Bitcoins online today. As I said in the beginning, there’s no such thing as free Bitcoins – in each of these options it will either cost you time or money to generate more coins. To wrap things up, I made this chart showcasing where each of the options I’ve just listed is located on the “effort – income” axes.

If you have more ideas for earning Bitcoins online, list them in the comment section below. I’d love to hear about them.

How to Get Bitcoins – A Guide to Earning Bitcoins Prompt and Free in two thousand seventeen

How to Get Bitcoins – A Guide to Earning Bitcoins Quick and Free in two thousand seventeen

It’s been a while since I wrote a fresh post, and it feels good to be back! Today, I’m going to cover all of the available ways there are to to earn Bitcoins online. Before I begin, I just want to make something very clear:

There is no effortless way to make a substantial amount of Bitcoins

Table of Contents

Just like there’s no effortless way to make a substantial amount of US dollars or any other valuable currency for that matter. The good news is that if you’re willing to put in the effort, you can achieve some very nice earnings online. Later on in this post, I’ll expose some of my own earnings so you can see what I mean.

Also, there’s no such thing as “free bitcoins”. It will always cost you something to get Bitcoins. It may not always be money, but something needs to be spent, whether it’s time, your email address, viewing ads or anything else.

I hope I didn’t burst your bubble too much right at the embark of this post, but if you’re still here with me, let’s dive into the different ways you can earn Bitcoins today.

#1 – Micro Earnings

This is most likely the easiest niche to get into, but it’s also the most time consuming. Methods that belong to this niche usually take up a lot of time and pay a fairly petite (almost irrelevant) amount of Bitcoins. Even if you have a lot of free time on your palms, this still won’t bring you too much income. Also, some of the websites that pay out micro earnings have built-in malware and viruses, so you need to stay safe and not click any links you don’t trust.

PTC or Paid-to-Click websites ($0.Four/hour on avg.)

As the name suggests, these are websites that will give you petite amounts of Bitcoin for viewing ads and visiting websites. The most popular PTC website today is ads4BTC. The site will give you a choice inbetween 5-second ads, 10-second ads and 20-second ads, as shown here:

As you can see, even if we see 20-second ads all day long for twenty four hours, we will be making 0.0216BTC. So basically, we’ll be making $9.612 for twenty four hours of work.

Bitcoin Faucets ($0.054/hour on avg.)

Even however running a Bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a petite quantity of Bitcoins every few minutes. For example, Milli, our own Bitcoin faucet gives up to one thousand Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the one thousand prize every time for a utter twenty four hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for twenty four hours of work (and we have one of the highest-paying faucets in the industry).

Micro jobs

There is always the possibility of completing micro tasks in order to get paid petite amounts of Bitcoin. Coinworker is a good example of a micro jobs Bitcoin site. Jobs can be anything from testing a web application on a browser to retweeting a post.

#Two – Writing about Bitcoin

Writing about Bitcoin requires time, skill and the capability to write in the required language (usually English). Through writing, you can begin making a nice income depending on where you choose to write.

BitcoinTalk Signature Campaigns ($Two.67/hour on avg.)

Somewhere around mid-2014, BitcoinTalk began running signature campaigns. What this means is that you use your BitcoinTalk’s signature to advertise a Bitcoin product and get paid for every post you write. The finish list of campaigns can be seen here. Of course, this created a lot of “junk” posts on BitcoinTalk, like people telling just “thank you” or “awesome post” and not adding any actual content.

You get paid according to your membership level on BitcoinTalk. Usually, anyone under a utter member won’t get paid that much or paid at all. To becoming a utter member, you’ll need at least one hundred twenty posts under your belt, and then you can begin earning 0.0005BTC on average per post. There are also limitations on posts you can write such as “original posts with sixty or more characters”, “You can’t have negative trust or other advertisements”, etc. Sometimes, there’s also a minimum post requirement per week.

Eyeing as writing a constructive post of at least sixty words takes a minimum of five minutes, my guess is that if you work for twenty four hours straight, you can make 0.144BTC. So you’ll be making $64.08 for twenty four hours of work. This, of course, does not include the number of posts you need to write in order to get the required membership level on BitcoinTalk. Also, many campaigns have a “maximum posts permitted per week” policy, so you may not be able to work a utter twenty four hours.

Writing for blogs and news sites ($31.25/hour on avg.)

If you think you have enough skill to contribute about Bitcoin, you can always become a writer for a blog or a news site. Many sites need to pack up a daily quota of posts, and they are despairingly looking for writers. We hire the occasional writer on 99Bitcoins as well, and I can say that the salary of a blog post writer will vary significantly based on your practice, control of the English language and expertise. If you’re a top-notch writer, you can even make up to $80 per 1000-word blog post. On average, I’m guessing most writer get somewhere around $35 for a 1000-word blog post.

But writing a good blog post takes time. For example, it took me about four hours to write this 2400-word blog post. So let’s say, theoretically, that I can work for twenty four hours straight; I’ll be making around $750. If you want to become a writer, the best way to find Bitcoin blogs that are looking for writers is through Coinality, which aggregates all of the Bitcoin jobs being posted online.

#Trio – Supply Bitcoin-related services

This category is a bit broad, as it includes every possible Bitcoin service that you can think of that someone would pay for. The best ways to get ideas for services you can provide is to visit either Coinality (which I’ve mentioned previously) or the services thread on BitcoinTalk. Some examples for services people are looking for:

  • Blockchain developer
  • Website manager
  • Graphic design experienced
  • Mining experienced
  • Online marketer, etc.

Becoming a Bitcoin escrow agent

One example of a service you can provide is becoming a Bitcoin escrow agent and getting paid for arbitration in Bitcoin transactions (more on that here). Of course, this will mean you will need to build up some sort of reputation for yourself as a trustworthy person in the community.

I can’t indeed put a price estimate on this category, since every service is different. This is something you will have to personally research depending on the service you’d like to provide.

#Four – Bitcoin lending

If you own some Bitcoins and want to increase their value, you can always look into Bitcoin lending. The idea is pretty plain – you lend out a certain amount of your coins to people for crypto-related projects (usually) and get them back with an interest.

The good news is that you can get very high comes back through lending. The bad news is that with high comes back also comes high risk. Some of the people you will lend to won’t come back your money, or you might have to pursue them in order to make sure they pay. That’s why it’s significant to choose your lending projects wisely. Here’s my own individual practice with Bitcoin lending, and here’s how to choose a good lending project.

There are presently three main websites that deal with Bitcoin lending – BTCJam, Bitbond and Loanbase.

Update: I no longer thing this is a safe way to earn Bitcoins. You’re more likely to lose your money than to get it back. Here’s some stuff I’ve learned along the way.

Bitcoin Investment sites (avoid at all costs!)

There are hundreds of sites around the web that claims they can multiply your Bitcoin, give you super high daily interest on your coins or do all sorts of other “magical” stuff if you just send them your coins. These sites are known as HYIPs (High Yield Investment Programs) and from my individual practice they are 100% scam.

Every day I get at least one or two emails from people who have been conned by these sites. What the site generally does is pay members using fresh member deposits that come in. This resumes until one day the site determines to fully vanish from the web with the majority of their investors money.

I can’t emphasis enough how dangerous these sites are – AVOID THEM AT ALL COSTS!! They are not a way to earn Bitcoins, they are a way to lose Bitcoins. If you’re not sure if a site is legit or not, I suggest using the Bitcoin scam test to find out.

#Five – Mine Bitcoins

I’m going to be brief about this option. Bitcoin mining is not a way to earn Bitcoin rapid or free. It takes a lot of time, research and money that you’ll need to invest into mining equipment. If you’re a beginner, then you very likely shouldn’t be pursuing this. If you’re a veteran, then you very likely already know this.

Sure, you’ll be able to generate Bitcoins even if you use your own PC at home, but if you use a mining calculator, you’ll see that you’ll be making 0.00000968BTC a day ($0.0043) and spending perhaps 100x that on violet wand bills or cooling down your computer (in hopes it doesn’t get ruined in the process). If you’ve missed our latest movie about Bitcoin mining, perhaps this will give you a clearer explanation of what mining is and why you should very likely stay away from it:

Some of you may say “but I eyed some cloud-mining websites that permit me to profit without the need to pay the expenses involved in mining”. Well, in that case, you should perhaps read this article I wrote a while back. TL;DR – IMO, most, if not all, Bitcoin cloud mining websites are ponzi schemes that infrequently actually use your investment to mine Bitcoins.

#6 – Gambling

This part doesn’t need a lot of explanation, I guess. There are a lot of Bitcoin gambling websites out there that will gladly take your money for the chance of winning a thicker pot. Here’s just one example. The upside about gambling is that it doesn’t take any specific skill to begin doing it; the downside is that it’s much more likely that you’ll lose all of your Bitcoins than actually win anything.

#7 – Bitcoin trading

Today, there are many forms of Bitcoin trading available. If you’re interested in getting began with trading, you need to make sure you have the required skill. In the following weeks, I’ll post a finish beginner’s tutorial on Bitcoin trading, but for now, here are the main options:

Bitcoin day trading

Day trading is the buying and selling of Bitcoins on the same day, on the basis of petite, short-term price fluctuations. So, if you think that Bitcoin’s price is going to go up, it’s a good time to buy some Bitcoins and sell them off after you’ve made a profit. In order to participate in actual day trading, you’ll have to own or buy Bitcoins.

Bitcoin CFDs (contracts for difference)

This is similar to day trading, but different to the extent that you don’t have to buy Bitcoins. When you buy Bitcoin CFDs, you can do it through a broker such as plus500 or AvaTrade. The idea is that instead of buying the actual asset (Bitcoin) and then selling it later, you buy a contract for that asset, so you don’t have to deal with actually holding or storing Bitcoins. More on Bitcoin CFDs here. With CFDs you can also brief sell – meaning make a profit when Bitcoin’s price goes down.

Bitcoin binary options

Bitcoin binary options are a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct, you earn the option’s payoff; if you’re incorrect, you lose your investment. They are called “Binary Options”, because the outcome is either win or lose; there’s nothing in inbetween.

Basically, it’s a form of gambling that’s covered up with a pretty name. No one can predict precisely what will happen with Bitcoin’s price. If that were possible, we would all be billionaires. I suggest you stay away from Bitcoin binary options unless you like to gamble, and if you do, that’s fine I guess.

#8 – Bitcoin affiliate marketing

I’ve written a lot in the past about how I generate a nice amount of Bitcoins through affiliate programs. The idea of an affiliate program is that you promote someone else’s product and they pay you in come back for sales you bring in. So, for example, I can promote TREZOR (which is actually an awesome product that I personally use), and if someone determines to buy TREZOR and they came from my site, I get a commission for it. Just so you understand the potential in this, here are my TREZOR earnings from the past month:

*The negative transaction on Jan 5th is a payout from TREZOR for previous earnings.

As you can see it can adds up to a pretty nice amount, especially when you consider that once I set up a post that generates referral, it’s basically all autopilot from there. If you’re interested in going down this route, here’s some more information about affiliate marketing with Bitcoin. And here is a list of many of the Bitcoin affiliate programs out there.

#9 – Open a faucet / rotator

I came to know about this option only recently. I’ve written an extensive post about how to operate your own Bitcoin faucet, but if you don’t want the hassle of managing a faucet, you can also attempt to build a Bitcoin faucet rotator.

A rotator site is a site that permits you to quickly surf through different faucets without opening a fresh site or tab each time. The links to each faucet inwards the rotator are referral links, and the rotator proprietor earns a commission from each faucet you visit through it as well. You can take a look at 99Bitcoins’ rotator to get a better idea of what I mean.

However, rotators require maintenance as well, since Bitcoin faucets come and go pretty quickly and you’ll need to update your rotator accordingly. Having said that, if you make a successful rotator with a lot of traffic, you can most likely generate a nice income. Unluckily, our rotator isn’t that successful, so we’re only making a few thousand Satoshis a day (these are our actual payment stats).

#Ten – Play games to earn Bitcoins

Aside from gambling, which is also considered a game, there are a multitude of Bitcoin games that don’t require any investment, and permit you to earn Bitcoins while playing them. Think of them as a joy faucet, since you’ll most likely be wasting your time and earning very little as well.

ChopCoin, Coinbrawl and Bitcoin Aliens’ mobile app are just some examples of how you can make the task of earning petite amounts of Bitcoin pleasurable.

#11 – Earn Bitcoins by answering questions

A website that came to my attention not long ago is Bitfortip. The idea of the website is plain, someone posts a question with a prize. Whoever answers the question best gets the prize. The questions require some research online, here are some examples:

  • Find the cheapest price for the a specific mobile phone online
  • Find the best Bitcoin advertising platform

The amount of the Bitcoin prize is being determined from the inquirer. Minimum amount required is 0.0001 BTC. Toughly $0.06 with the current bitcoin price.

I’m not sure how much you’ll be able to earn with this site as it seems to have a fresh question posted about twice a week. This means that the site needs to get a bit more traffic before it can become a viable income source however you should undoubtedly check it out.

Bonus option – Get part/all of your salary in Bitcoin

Bitwage is a company that supplies a bank account to workers in any country who receive wages and business disbursements from the US/EU/UK and then pays them out in Bitcoin. This way if you work at any job that can pay to Bitwage’s account you can get your salary in Bitcoin. You can also choose to only have part of your salary in Bitcoin and the rest in fiat currency.

Here’s a brief movie of how it works:

There’s no such thing as effortless money

There you have it; this is the utter array of possibilities to earn Bitcoins online today. As I said in the beginning, there’s no such thing as free Bitcoins – in each of these options it will either cost you time or money to generate more coins. To wrap things up, I made this chart demonstrating where each of the options I’ve just listed is located on the “effort – income” axes.

If you have more ideas for earning Bitcoins online, list them in the comment section below. I’d love to hear about them.

How to Get Bitcoins – A Guide to Earning Bitcoins Prompt and Free in two thousand seventeen

How to Get Bitcoins – A Guide to Earning Bitcoins Prompt and Free in two thousand seventeen

It’s been a while since I wrote a fresh post, and it feels good to be back! Today, I’m going to cover all of the available ways there are to to earn Bitcoins online. Before I begin, I just want to make something very clear:

There is no effortless way to make a substantial amount of Bitcoins

Table of Contents

Just like there’s no effortless way to make a substantial amount of US dollars or any other valuable currency for that matter. The good news is that if you’re willing to put in the effort, you can achieve some very nice earnings online. Later on in this post, I’ll expose some of my own earnings so you can see what I mean.

Also, there’s no such thing as “free bitcoins”. It will always cost you something to get Bitcoins. It may not always be money, but something needs to be spent, whether it’s time, your email address, viewing ads or anything else.

I hope I didn’t burst your bubble too much right at the embark of this post, but if you’re still here with me, let’s dive into the different ways you can earn Bitcoins today.

#1 – Micro Earnings

This is very likely the easiest niche to get into, but it’s also the most time consuming. Methods that belong to this niche usually take up a lot of time and pay a fairly petite (almost irrelevant) amount of Bitcoins. Even if you have a lot of free time on your palms, this still won’t bring you too much income. Also, some of the websites that pay out micro earnings have built-in malware and viruses, so you need to stay safe and not click any links you don’t trust.

PTC or Paid-to-Click websites ($0.Four/hour on avg.)

As the name suggests, these are websites that will give you petite amounts of Bitcoin for viewing ads and visiting websites. The most popular PTC website today is ads4BTC. The site will give you a choice inbetween 5-second ads, 10-second ads and 20-second ads, as shown here:

As you can see, even if we see 20-second ads all day long for twenty four hours, we will be making 0.0216BTC. So basically, we’ll be making $9.612 for twenty four hours of work.

Bitcoin Faucets ($0.054/hour on avg.)

Even tho’ running a Bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a puny quantity of Bitcoins every few minutes. For example, Milli, our own Bitcoin faucet gives up to one thousand Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the one thousand prize every time for a utter twenty four hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for twenty four hours of work (and we have one of the highest-paying faucets in the industry).

Micro jobs

There is always the possibility of completing micro tasks in order to get paid petite amounts of Bitcoin. Coinworker is a good example of a micro jobs Bitcoin site. Jobs can be anything from testing a web application on a browser to retweeting a post.

#Two – Writing about Bitcoin

Writing about Bitcoin requires time, skill and the capability to write in the required language (usually English). Through writing, you can commence making a nice income depending on where you choose to write.

BitcoinTalk Signature Campaigns ($Two.67/hour on avg.)

Somewhere around mid-2014, BitcoinTalk embarked running signature campaigns. What this means is that you use your BitcoinTalk’s signature to advertise a Bitcoin product and get paid for every post you write. The accomplish list of campaigns can be seen here. Of course, this created a lot of “junk” posts on BitcoinTalk, like people telling just “thank you” or “awesome post” and not adding any actual content.

You get paid according to your membership level on BitcoinTalk. Usually, anyone under a total member won’t get paid that much or paid at all. To becoming a total member, you’ll need at least one hundred twenty posts under your belt, and then you can commence earning 0.0005BTC on average per post. There are also limitations on posts you can write such as “original posts with sixty or more characters”, “You can’t have negative trust or other advertisements”, etc. Sometimes, there’s also a minimum post requirement per week.

Watching as writing a constructive post of at least sixty words takes a minimum of five minutes, my guess is that if you work for twenty four hours straight, you can make 0.144BTC. So you’ll be making $64.08 for twenty four hours of work. This, of course, does not include the number of posts you need to write in order to get the required membership level on BitcoinTalk. Also, many campaigns have a “maximum posts permitted per week” policy, so you may not be able to work a total twenty four hours.

Writing for blogs and news sites ($31.25/hour on avg.)

If you think you have enough skill to contribute about Bitcoin, you can always become a writer for a blog or a news site. Many sites need to pack up a daily quota of posts, and they are despairingly looking for writers. We hire the occasional writer on 99Bitcoins as well, and I can say that the salary of a blog post writer will vary significantly based on your practice, control of the English language and expertise. If you’re a top-notch writer, you can even make up to $80 per 1000-word blog post. On average, I’m guessing most writer get somewhere around $35 for a 1000-word blog post.

But writing a good blog post takes time. For example, it took me about four hours to write this 2400-word blog post. So let’s say, theoretically, that I can work for twenty four hours straight; I’ll be making around $750. If you want to become a writer, the best way to find Bitcoin blogs that are looking for writers is through Coinality, which aggregates all of the Bitcoin jobs being posted online.

#Trio – Supply Bitcoin-related services

This category is a bit broad, as it includes every possible Bitcoin service that you can think of that someone would pay for. The best ways to get ideas for services you can provide is to visit either Coinality (which I’ve mentioned previously) or the services thread on BitcoinTalk. Some examples for services people are looking for:

  • Blockchain developer
  • Website manager
  • Graphic design experienced
  • Mining pro
  • Online marketer, etc.

Becoming a Bitcoin escrow agent

One example of a service you can provide is becoming a Bitcoin escrow agent and getting paid for arbitration in Bitcoin transactions (more on that here). Of course, this will mean you will need to build up some sort of reputation for yourself as a trustworthy person in the community.

I can’t indeed put a price estimate on this category, since every service is different. This is something you will have to personally research depending on the service you’d like to provide.

#Four – Bitcoin lending

If you own some Bitcoins and want to increase their value, you can always look into Bitcoin lending. The idea is pretty ordinary – you lend out a certain amount of your coins to people for crypto-related projects (usually) and get them back with an interest.

The good news is that you can get very high comes back through lending. The bad news is that with high comebacks also comes high risk. Some of the people you will lend to won’t come back your money, or you might have to pursue them in order to make sure they pay. That’s why it’s significant to choose your lending projects wisely. Here’s my own individual practice with Bitcoin lending, and here’s how to choose a good lending project.

There are presently three main websites that deal with Bitcoin lending – BTCJam, Bitbond and Loanbase.

Update: I no longer thing this is a safe way to earn Bitcoins. You’re more likely to lose your money than to get it back. Here’s some stuff I’ve learned along the way.

Bitcoin Investment sites (avoid at all costs!)

There are hundreds of sites around the web that claims they can multiply your Bitcoin, give you super high daily interest on your coins or do all sorts of other “magical” stuff if you just send them your coins. These sites are known as HYIPs (High Yield Investment Programs) and from my individual practice they are 100% scam.

Every day I get at least one or two emails from people who have been conned by these sites. What the site generally does is pay members using fresh member deposits that come in. This resumes until one day the site determines to entirely vanish from the web with the majority of their investors money.

I can’t emphasis enough how dangerous these sites are – AVOID THEM AT ALL COSTS!! They are not a way to earn Bitcoins, they are a way to lose Bitcoins. If you’re not sure if a site is legit or not, I suggest using the Bitcoin scam test to find out.

#Five – Mine Bitcoins

I’m going to be brief about this option. Bitcoin mining is not a way to earn Bitcoin quick or free. It takes a lot of time, research and money that you’ll need to invest into mining equipment. If you’re a novice, then you very likely shouldn’t be pursuing this. If you’re a veteran, then you most likely already know this.

Sure, you’ll be able to generate Bitcoins even if you use your own PC at home, but if you use a mining calculator, you’ll see that you’ll be making 0.00000968BTC a day ($0.0043) and spending perhaps 100x that on electric current bills or cooling down your computer (in hopes it doesn’t get ruined in the process). If you’ve missed our latest movie about Bitcoin mining, perhaps this will give you a clearer explanation of what mining is and why you should very likely stay away from it:

Some of you may say “but I spotted some cloud-mining websites that permit me to profit without the need to pay the expenses involved in mining”. Well, in that case, you should perhaps read this article I wrote a while back. TL;DR – IMO, most, if not all, Bitcoin cloud mining websites are ponzi schemes that uncommonly actually use your investment to mine Bitcoins.

#6 – Gambling

This part doesn’t need a lot of explanation, I guess. There are a lot of Bitcoin gambling websites out there that will gladly take your money for the chance of winning a thicker pot. Here’s just one example. The upside about gambling is that it doesn’t take any specific skill to embark doing it; the downside is that it’s much more likely that you’ll lose all of your Bitcoins than actually win anything.

#7 – Bitcoin trading

Today, there are many forms of Bitcoin trading available. If you’re interested in getting embarked with trading, you need to make sure you have the required skill. In the following weeks, I’ll post a accomplish beginner’s tutorial on Bitcoin trading, but for now, here are the main options:

Bitcoin day trading

Day trading is the buying and selling of Bitcoins on the same day, on the basis of petite, short-term price fluctuations. So, if you think that Bitcoin’s price is going to go up, it’s a good time to buy some Bitcoins and sell them off after you’ve made a profit. In order to participate in actual day trading, you’ll have to own or buy Bitcoins.

Bitcoin CFDs (contracts for difference)

This is similar to day trading, but different to the extent that you don’t have to buy Bitcoins. When you buy Bitcoin CFDs, you can do it through a broker such as plus500 or AvaTrade. The idea is that instead of buying the actual asset (Bitcoin) and then selling it later, you buy a contract for that asset, so you don’t have to deal with actually holding or storing Bitcoins. More on Bitcoin CFDs here. With CFDs you can also brief sell – meaning make a profit when Bitcoin’s price goes down.

Bitcoin binary options

Bitcoin binary options are a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct, you earn the option’s payoff; if you’re incorrect, you lose your investment. They are called “Binary Options”, because the outcome is either win or lose; there’s nothing in inbetween.

Basically, it’s a form of gambling that’s covered up with a pretty name. No one can predict precisely what will happen with Bitcoin’s price. If that were possible, we would all be billionaires. I suggest you stay away from Bitcoin binary options unless you like to gamble, and if you do, that’s fine I guess.

#8 – Bitcoin affiliate marketing

I’ve written a lot in the past about how I generate a nice amount of Bitcoins through affiliate programs. The idea of an affiliate program is that you promote someone else’s product and they pay you in come back for sales you bring in. So, for example, I can promote TREZOR (which is actually an awesome product that I personally use), and if someone determines to buy TREZOR and they came from my site, I get a commission for it. Just so you understand the potential in this, here are my TREZOR earnings from the past month:

*The negative transaction on Jan 5th is a payout from TREZOR for previous earnings.

As you can see it can adds up to a pretty nice amount, especially when you consider that once I set up a post that generates referral, it’s basically all autopilot from there. If you’re interested in going down this route, here’s some more information about affiliate marketing with Bitcoin. And here is a list of many of the Bitcoin affiliate programs out there.

#9 – Open a faucet / rotator

I came to know about this option only recently. I’ve written an extensive post about how to operate your own Bitcoin faucet, but if you don’t want the hassle of managing a faucet, you can also attempt to build a Bitcoin faucet rotator.

A rotator site is a site that permits you to quickly surf through different faucets without opening a fresh site or tab each time. The links to each faucet inwards the rotator are referral links, and the rotator proprietor earns a commission from each faucet you visit through it as well. You can take a look at 99Bitcoins’ rotator to get a better idea of what I mean.

However, rotators require maintenance as well, since Bitcoin faucets come and go pretty quickly and you’ll need to update your rotator accordingly. Having said that, if you make a successful rotator with a lot of traffic, you can most likely generate a nice income. Unluckily, our rotator isn’t that successful, so we’re only making a few thousand Satoshis a day (these are our actual payment stats).

#Ten – Play games to earn Bitcoins

Aside from gambling, which is also considered a game, there are a diversity of Bitcoin games that don’t require any investment, and permit you to earn Bitcoins while playing them. Think of them as a joy faucet, since you’ll very likely be wasting your time and earning very little as well.

ChopCoin, Coinbrawl and Bitcoin Aliens’ mobile app are just some examples of how you can make the task of earning puny amounts of Bitcoin pleasurable.

#11 – Earn Bitcoins by answering questions

A website that came to my attention not long ago is Bitfortip. The idea of the website is plain, someone posts a question with a prize. Whoever answers the question best gets the prize. The questions require some research online, here are some examples:

  • Find the cheapest price for the a specific mobile phone online
  • Find the best Bitcoin advertising platform

The amount of the Bitcoin prize is being determined from the inquirer. Minimum amount required is 0.0001 BTC. Toughly $0.06 with the current bitcoin price.

I’m not sure how much you’ll be able to earn with this site as it seems to have a fresh question posted about twice a week. This means that the site needs to get a bit more traffic before it can become a viable income source however you should certainly check it out.

Bonus option – Get part/all of your salary in Bitcoin

Bitwage is a company that supplies a bank account to workers in any country who receive wages and business disbursements from the US/EU/UK and then pays them out in Bitcoin. This way if you work at any job that can pay to Bitwage’s account you can get your salary in Bitcoin. You can also choose to only have part of your salary in Bitcoin and the rest in fiat currency.

Here’s a brief movie of how it works:

There’s no such thing as effortless money

There you have it; this is the utter array of possibilities to earn Bitcoins online today. As I said in the beginning, there’s no such thing as free Bitcoins – in each of these options it will either cost you time or money to generate more coins. To wrap things up, I made this chart showcasing where each of the options I’ve just listed is located on the “effort – income” axes.

If you have more ideas for earning Bitcoins online, list them in the comment section below. I’d love to hear about them.

How to Get Bitcoins – A Guide to Earning Bitcoins Rapid and Free in two thousand seventeen

How to Get Bitcoins – A Guide to Earning Bitcoins Prompt and Free in two thousand seventeen

It’s been a while since I wrote a fresh post, and it feels good to be back! Today, I’m going to cover all of the available ways there are to to earn Bitcoins online. Before I begin, I just want to make something very clear:

There is no effortless way to make a substantial amount of Bitcoins

Table of Contents

Just like there’s no effortless way to make a substantial amount of US dollars or any other valuable currency for that matter. The good news is that if you’re willing to put in the effort, you can achieve some very nice earnings online. Later on in this post, I’ll expose some of my own earnings so you can see what I mean.

Also, there’s no such thing as “free bitcoins”. It will always cost you something to get Bitcoins. It may not always be money, but something needs to be spent, whether it’s time, your email address, viewing ads or anything else.

I hope I didn’t burst your bubble too much right at the begin of this post, but if you’re still here with me, let’s dive into the different ways you can earn Bitcoins today.

#1 – Micro Earnings

This is very likely the easiest niche to get into, but it’s also the most time consuming. Methods that belong to this niche usually take up a lot of time and pay a fairly puny (almost irrelevant) amount of Bitcoins. Even if you have a lot of free time on your forearms, this still won’t bring you too much income. Also, some of the websites that pay out micro earnings have built-in malware and viruses, so you need to stay safe and not click any links you don’t trust.

PTC or Paid-to-Click websites ($0.Four/hour on avg.)

As the name suggests, these are websites that will give you puny amounts of Bitcoin for viewing ads and visiting websites. The most popular PTC website today is ads4BTC. The site will give you a choice inbetween 5-second ads, 10-second ads and 20-second ads, as shown here:

As you can see, even if we observe 20-second ads all day long for twenty four hours, we will be making 0.0216BTC. So basically, we’ll be making $9.612 for twenty four hours of work.

Bitcoin Faucets ($0.054/hour on avg.)

Even however running a Bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a petite quantity of Bitcoins every few minutes. For example, Milli, our own Bitcoin faucet gives up to one thousand Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the one thousand prize every time for a total twenty four hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for twenty four hours of work (and we have one of the highest-paying faucets in the industry).

Micro jobs

There is always the possibility of completing micro tasks in order to get paid petite amounts of Bitcoin. Coinworker is a good example of a micro jobs Bitcoin site. Jobs can be anything from testing a web application on a browser to retweeting a post.

#Two – Writing about Bitcoin

Writing about Bitcoin requires time, skill and the capability to write in the required language (usually English). Through writing, you can commence making a nice income depending on where you choose to write.

BitcoinTalk Signature Campaigns ($Two.67/hour on avg.)

Somewhere around mid-2014, BitcoinTalk began running signature campaigns. What this means is that you use your BitcoinTalk’s signature to advertise a Bitcoin product and get paid for every post you write. The accomplish list of campaigns can be seen here. Of course, this created a lot of “junk” posts on BitcoinTalk, like people telling just “thank you” or “awesome post” and not adding any actual content.

You get paid according to your membership level on BitcoinTalk. Usually, anyone under a utter member won’t get paid that much or paid at all. To becoming a total member, you’ll need at least one hundred twenty posts under your belt, and then you can commence earning 0.0005BTC on average per post. There are also limitations on posts you can write such as “original posts with sixty or more characters”, “You can’t have negative trust or other advertisements”, etc. Sometimes, there’s also a minimum post requirement per week.

Witnessing as writing a constructive post of at least sixty words takes a minimum of five minutes, my guess is that if you work for twenty four hours straight, you can make 0.144BTC. So you’ll be making $64.08 for twenty four hours of work. This, of course, does not include the number of posts you need to write in order to get the required membership level on BitcoinTalk. Also, many campaigns have a “maximum posts permitted per week” policy, so you may not be able to work a total twenty four hours.

Writing for blogs and news sites ($31.25/hour on avg.)

If you think you have enough skill to contribute about Bitcoin, you can always become a writer for a blog or a news site. Many sites need to pack up a daily quota of posts, and they are despairingly looking for writers. We hire the occasional writer on 99Bitcoins as well, and I can say that the salary of a blog post writer will vary significantly based on your practice, control of the English language and expertise. If you’re a top-notch writer, you can even make up to $80 per 1000-word blog post. On average, I’m guessing most writer get somewhere around $35 for a 1000-word blog post.

But writing a good blog post takes time. For example, it took me about four hours to write this 2400-word blog post. So let’s say, theoretically, that I can work for twenty four hours straight; I’ll be making around $750. If you want to become a writer, the best way to find Bitcoin blogs that are looking for writers is through Coinality, which aggregates all of the Bitcoin jobs being posted online.

#Three – Supply Bitcoin-related services

This category is a bit broad, as it includes every possible Bitcoin service that you can think of that someone would pay for. The best ways to get ideas for services you can provide is to visit either Coinality (which I’ve mentioned previously) or the services thread on BitcoinTalk. Some examples for services people are looking for:

  • Blockchain developer
  • Website manager
  • Graphic design experienced
  • Mining experienced
  • Online marketer, etc.

Becoming a Bitcoin escrow agent

One example of a service you can provide is becoming a Bitcoin escrow agent and getting paid for arbitration in Bitcoin transactions (more on that here). Of course, this will mean you will need to build up some sort of reputation for yourself as a trustworthy person in the community.

I can’t truly put a price estimate on this category, since every service is different. This is something you will have to personally research depending on the service you’d like to provide.

#Four – Bitcoin lending

If you own some Bitcoins and want to increase their value, you can always look into Bitcoin lending. The idea is pretty elementary – you lend out a certain amount of your coins to people for crypto-related projects (usually) and get them back with an interest.

The good news is that you can get very high comes back through lending. The bad news is that with high comebacks also comes high risk. Some of the people you will lend to won’t comeback your money, or you might have to pursue them in order to make sure they pay. That’s why it’s significant to choose your lending projects wisely. Here’s my own private practice with Bitcoin lending, and here’s how to choose a good lending project.

There are presently three main websites that deal with Bitcoin lending – BTCJam, Bitbond and Loanbase.

Update: I no longer thing this is a safe way to earn Bitcoins. You’re more likely to lose your money than to get it back. Here’s some stuff I’ve learned along the way.

Bitcoin Investment sites (avoid at all costs!)

There are hundreds of sites around the web that claims they can multiply your Bitcoin, give you super high daily interest on your coins or do all sorts of other “magical” stuff if you just send them your coins. These sites are known as HYIPs (High Yield Investment Programs) and from my individual practice they are 100% scam.

Every day I get at least one or two emails from people who have been conned by these sites. What the site generally does is pay members using fresh member deposits that come in. This resumes until one day the site determines to entirely vanish from the web with the majority of their investors money.

I can’t emphasis enough how dangerous these sites are – AVOID THEM AT ALL COSTS!! They are not a way to earn Bitcoins, they are a way to lose Bitcoins. If you’re not sure if a site is legit or not, I suggest using the Bitcoin scam test to find out.

#Five – Mine Bitcoins

I’m going to be brief about this option. Bitcoin mining is not a way to earn Bitcoin quick or free. It takes a lot of time, research and money that you’ll need to invest into mining equipment. If you’re a novice, then you very likely shouldn’t be pursuing this. If you’re a veteran, then you most likely already know this.

Sure, you’ll be able to generate Bitcoins even if you use your own PC at home, but if you use a mining calculator, you’ll see that you’ll be making 0.00000968BTC a day ($0.0043) and spending perhaps 100x that on electro-therapy bills or cooling down your computer (in hopes it doesn’t get ruined in the process). If you’ve missed our latest movie about Bitcoin mining, perhaps this will give you a clearer explanation of what mining is and why you should most likely stay away from it:

Some of you may say “but I eyed some cloud-mining websites that permit me to profit without the need to pay the expenses involved in mining”. Well, in that case, you should perhaps read this article I wrote a while back. TL;DR – IMO, most, if not all, Bitcoin cloud mining websites are ponzi schemes that infrequently actually use your investment to mine Bitcoins.

#6 – Gambling

This part doesn’t need a lot of explanation, I guess. There are a lot of Bitcoin gambling websites out there that will gladly take your money for the chance of winning a fatter pot. Here’s just one example. The upside about gambling is that it doesn’t take any specific skill to begin doing it; the downside is that it’s much more likely that you’ll lose all of your Bitcoins than actually win anything.

#7 – Bitcoin trading

Today, there are many forms of Bitcoin trading available. If you’re interested in getting commenced with trading, you need to make sure you have the required skill. In the following weeks, I’ll post a finish beginner’s tutorial on Bitcoin trading, but for now, here are the main options:

Bitcoin day trading

Day trading is the buying and selling of Bitcoins on the same day, on the basis of petite, short-term price fluctuations. So, if you think that Bitcoin’s price is going to go up, it’s a good time to buy some Bitcoins and sell them off after you’ve made a profit. In order to participate in actual day trading, you’ll have to own or buy Bitcoins.

Bitcoin CFDs (contracts for difference)

This is similar to day trading, but different to the extent that you don’t have to buy Bitcoins. When you buy Bitcoin CFDs, you can do it through a broker such as plus500 or AvaTrade. The idea is that instead of buying the actual asset (Bitcoin) and then selling it later, you buy a contract for that asset, so you don’t have to deal with actually holding or storing Bitcoins. More on Bitcoin CFDs here. With CFDs you can also brief sell – meaning make a profit when Bitcoin’s price goes down.

Bitcoin binary options

Bitcoin binary options are a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct, you earn the option’s payoff; if you’re incorrect, you lose your investment. They are called “Binary Options”, because the outcome is either win or lose; there’s nothing in inbetween.

Basically, it’s a form of gambling that’s covered up with a pretty name. No one can predict precisely what will happen with Bitcoin’s price. If that were possible, we would all be billionaires. I suggest you stay away from Bitcoin binary options unless you like to gamble, and if you do, that’s fine I guess.

#8 – Bitcoin affiliate marketing

I’ve written a lot in the past about how I generate a nice amount of Bitcoins through affiliate programs. The idea of an affiliate program is that you promote someone else’s product and they pay you in come back for sales you bring in. So, for example, I can promote TREZOR (which is actually an awesome product that I personally use), and if someone determines to buy TREZOR and they came from my site, I get a commission for it. Just so you understand the potential in this, here are my TREZOR earnings from the past month:

*The negative transaction on Jan 5th is a payout from TREZOR for previous earnings.

As you can see it can adds up to a pretty nice amount, especially when you consider that once I set up a post that generates referral, it’s basically all autopilot from there. If you’re interested in going down this route, here’s some more information about affiliate marketing with Bitcoin. And here is a list of many of the Bitcoin affiliate programs out there.

#9 – Open a faucet / rotator

I came to know about this option only recently. I’ve written an extensive post about how to operate your own Bitcoin faucet, but if you don’t want the hassle of managing a faucet, you can also attempt to build a Bitcoin faucet rotator.

A rotator site is a site that permits you to quickly surf through different faucets without opening a fresh site or tab each time. The links to each faucet inwards the rotator are referral links, and the rotator proprietor earns a commission from each faucet you visit through it as well. You can take a look at 99Bitcoins’ rotator to get a better idea of what I mean.

However, rotators require maintenance as well, since Bitcoin faucets come and go pretty quickly and you’ll need to update your rotator accordingly. Having said that, if you make a successful rotator with a lot of traffic, you can most likely generate a nice income. Unluckily, our rotator isn’t that successful, so we’re only making a few thousand Satoshis a day (these are our actual payment stats).

#Ten – Play games to earn Bitcoins

Aside from gambling, which is also considered a game, there are a multiplicity of Bitcoin games that don’t require any investment, and permit you to earn Bitcoins while playing them. Think of them as a joy faucet, since you’ll very likely be wasting your time and earning very little as well.

ChopCoin, Coinbrawl and Bitcoin Aliens’ mobile app are just some examples of how you can make the task of earning petite amounts of Bitcoin pleasurable.

#11 – Earn Bitcoins by answering questions

A website that came to my attention not long ago is Bitfortip. The idea of the website is elementary, someone posts a question with a prize. Whoever answers the question best gets the prize. The questions require some research online, here are some examples:

  • Find the cheapest price for the a specific mobile phone online
  • Find the best Bitcoin advertising platform

The amount of the Bitcoin prize is being determined from the inquirer. Minimum amount required is 0.0001 BTC. Toughly $0.06 with the current bitcoin price.

I’m not sure how much you’ll be able to earn with this site as it seems to have a fresh question posted about twice a week. This means that the site needs to get a bit more traffic before it can become a viable income source however you should undoubtedly check it out.

Bonus option – Get part/all of your salary in Bitcoin

Bitwage is a company that supplies a bank account to workers in any country who receive wages and business disbursements from the US/EU/UK and then pays them out in Bitcoin. This way if you work at any job that can pay to Bitwage’s account you can get your salary in Bitcoin. You can also choose to only have part of your salary in Bitcoin and the rest in fiat currency.

Here’s a brief movie of how it works:

There’s no such thing as effortless money

There you have it; this is the utter array of possibilities to earn Bitcoins online today. As I said in the beginning, there’s no such thing as free Bitcoins – in each of these options it will either cost you time or money to generate more coins. To wrap things up, I made this chart showcasing where each of the options I’ve just listed is located on the “effort – income” axes.

If you have more ideas for earning Bitcoins online, list them in the comment section below. I’d love to hear about them.

How to Get Bitcoins – A Guide to Earning Bitcoins Prompt and Free in two thousand seventeen

How to Get Bitcoins – A Guide to Earning Bitcoins Prompt and Free in two thousand seventeen

It’s been a while since I wrote a fresh post, and it feels good to be back! Today, I’m going to cover all of the available ways there are to to earn Bitcoins online. Before I begin, I just want to make something very clear:

There is no effortless way to make a substantial amount of Bitcoins

Table of Contents

Just like there’s no effortless way to make a substantial amount of US dollars or any other valuable currency for that matter. The good news is that if you’re willing to put in the effort, you can achieve some very nice earnings online. Later on in this post, I’ll expose some of my own earnings so you can see what I mean.

Also, there’s no such thing as “free bitcoins”. It will always cost you something to get Bitcoins. It may not always be money, but something needs to be spent, whether it’s time, your email address, viewing ads or anything else.

I hope I didn’t burst your bubble too much right at the embark of this post, but if you’re still here with me, let’s dive into the different ways you can earn Bitcoins today.

#1 – Micro Earnings

This is very likely the easiest niche to get into, but it’s also the most time consuming. Methods that belong to this niche usually take up a lot of time and pay a fairly petite (almost irrelevant) amount of Bitcoins. Even if you have a lot of free time on your mitts, this still won’t bring you too much income. Also, some of the websites that pay out micro earnings have built-in malware and viruses, so you need to stay safe and not click any links you don’t trust.

PTC or Paid-to-Click websites ($0.Four/hour on avg.)

As the name suggests, these are websites that will give you petite amounts of Bitcoin for viewing ads and visiting websites. The most popular PTC website today is ads4BTC. The site will give you a choice inbetween 5-second ads, 10-second ads and 20-second ads, as shown here:

As you can see, even if we observe 20-second ads all day long for twenty four hours, we will be making 0.0216BTC. So basically, we’ll be making $9.612 for twenty four hours of work.

Bitcoin Faucets ($0.054/hour on avg.)

Even tho’ running a Bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a petite quantity of Bitcoins every few minutes. For example, Milli, our own Bitcoin faucet gives up to one thousand Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the one thousand prize every time for a utter twenty four hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for twenty four hours of work (and we have one of the highest-paying faucets in the industry).

Micro jobs

There is always the possibility of completing micro tasks in order to get paid puny amounts of Bitcoin. Coinworker is a good example of a micro jobs Bitcoin site. Jobs can be anything from testing a web application on a browser to retweeting a post.

#Two – Writing about Bitcoin

Writing about Bitcoin requires time, skill and the capability to write in the required language (usually English). Through writing, you can commence making a nice income depending on where you choose to write.

BitcoinTalk Signature Campaigns ($Two.67/hour on avg.)

Somewhere around mid-2014, BitcoinTalk commenced running signature campaigns. What this means is that you use your BitcoinTalk’s signature to advertise a Bitcoin product and get paid for every post you write. The accomplish list of campaigns can be seen here. Of course, this created a lot of “junk” posts on BitcoinTalk, like people telling just “thank you” or “awesome post” and not adding any actual content.

You get paid according to your membership level on BitcoinTalk. Usually, anyone under a total member won’t get paid that much or paid at all. To becoming a total member, you’ll need at least one hundred twenty posts under your belt, and then you can embark earning 0.0005BTC on average per post. There are also limitations on posts you can write such as “original posts with sixty or more characters”, “You can’t have negative trust or other advertisements”, etc. Sometimes, there’s also a minimum post requirement per week.

Watching as writing a constructive post of at least sixty words takes a minimum of five minutes, my guess is that if you work for twenty four hours straight, you can make 0.144BTC. So you’ll be making $64.08 for twenty four hours of work. This, of course, does not include the number of posts you need to write in order to get the required membership level on BitcoinTalk. Also, many campaigns have a “maximum posts permitted per week” policy, so you may not be able to work a total twenty four hours.

Writing for blogs and news sites ($31.25/hour on avg.)

If you think you have enough skill to contribute about Bitcoin, you can always become a writer for a blog or a news site. Many sites need to pack up a daily quota of posts, and they are despairingly looking for writers. We hire the occasional writer on 99Bitcoins as well, and I can say that the salary of a blog post writer will vary significantly based on your practice, control of the English language and expertise. If you’re a top-notch writer, you can even make up to $80 per 1000-word blog post. On average, I’m guessing most writer get somewhere around $35 for a 1000-word blog post.

But writing a good blog post takes time. For example, it took me about four hours to write this 2400-word blog post. So let’s say, theoretically, that I can work for twenty four hours straight; I’ll be making around $750. If you want to become a writer, the best way to find Bitcoin blogs that are looking for writers is through Coinality, which aggregates all of the Bitcoin jobs being posted online.

#Trio – Supply Bitcoin-related services

This category is a bit broad, as it includes every possible Bitcoin service that you can think of that someone would pay for. The best ways to get ideas for services you can provide is to visit either Coinality (which I’ve mentioned previously) or the services thread on BitcoinTalk. Some examples for services people are looking for:

  • Blockchain developer
  • Website manager
  • Graphic design accomplished
  • Mining accomplished
  • Online marketer, etc.

Becoming a Bitcoin escrow agent

One example of a service you can provide is becoming a Bitcoin escrow agent and getting paid for arbitration in Bitcoin transactions (more on that here). Of course, this will mean you will need to build up some sort of reputation for yourself as a trustworthy person in the community.

I can’t indeed put a price estimate on this category, since every service is different. This is something you will have to personally research depending on the service you’d like to provide.

#Four – Bitcoin lending

If you own some Bitcoins and want to increase their value, you can always look into Bitcoin lending. The idea is pretty plain – you lend out a certain amount of your coins to people for crypto-related projects (usually) and get them back with an interest.

The good news is that you can get very high comes back through lending. The bad news is that with high comes back also comes high risk. Some of the people you will lend to won’t comeback your money, or you might have to pursue them in order to make sure they pay. That’s why it’s significant to choose your lending projects wisely. Here’s my own individual practice with Bitcoin lending, and here’s how to choose a good lending project.

There are presently three main websites that deal with Bitcoin lending – BTCJam, Bitbond and Loanbase.

Update: I no longer thing this is a safe way to earn Bitcoins. You’re more likely to lose your money than to get it back. Here’s some stuff I’ve learned along the way.

Bitcoin Investment sites (avoid at all costs!)

There are hundreds of sites around the web that claims they can multiply your Bitcoin, give you super high daily interest on your coins or do all sorts of other “magical” stuff if you just send them your coins. These sites are known as HYIPs (High Yield Investment Programs) and from my individual practice they are 100% scam.

Every day I get at least one or two emails from people who have been conned by these sites. What the site generally does is pay members using fresh member deposits that come in. This resumes until one day the site determines to fully vanish from the web with the majority of their investors money.

I can’t emphasis enough how dangerous these sites are – AVOID THEM AT ALL COSTS!! They are not a way to earn Bitcoins, they are a way to lose Bitcoins. If you’re not sure if a site is legit or not, I suggest using the Bitcoin scam test to find out.

#Five – Mine Bitcoins

I’m going to be brief about this option. Bitcoin mining is not a way to earn Bitcoin swift or free. It takes a lot of time, research and money that you’ll need to invest into mining equipment. If you’re a new-comer, then you most likely shouldn’t be pursuing this. If you’re a veteran, then you most likely already know this.

Sure, you’ll be able to generate Bitcoins even if you use your own PC at home, but if you use a mining calculator, you’ll see that you’ll be making 0.00000968BTC a day ($0.0043) and spending perhaps 100x that on electro-stimulation bills or cooling down your computer (in hopes it doesn’t get ruined in the process). If you’ve missed our latest movie about Bitcoin mining, perhaps this will give you a clearer explanation of what mining is and why you should most likely stay away from it:

Some of you may say “but I witnessed some cloud-mining websites that permit me to profit without the need to pay the expenses involved in mining”. Well, in that case, you should perhaps read this article I wrote a while back. TL;DR – IMO, most, if not all, Bitcoin cloud mining websites are ponzi schemes that infrequently actually use your investment to mine Bitcoins.

#6 – Gambling

This part doesn’t need a lot of explanation, I guess. There are a lot of Bitcoin gambling websites out there that will gladly take your money for the chance of winning a thicker pot. Here’s just one example. The upside about gambling is that it doesn’t take any specific skill to begin doing it; the downside is that it’s much more likely that you’ll lose all of your Bitcoins than actually win anything.

#7 – Bitcoin trading

Today, there are many forms of Bitcoin trading available. If you’re interested in getting commenced with trading, you need to make sure you have the required skill. In the following weeks, I’ll post a accomplish beginner’s tutorial on Bitcoin trading, but for now, here are the main options:

Bitcoin day trading

Day trading is the buying and selling of Bitcoins on the same day, on the basis of puny, short-term price fluctuations. So, if you think that Bitcoin’s price is going to go up, it’s a good time to buy some Bitcoins and sell them off after you’ve made a profit. In order to participate in actual day trading, you’ll have to own or buy Bitcoins.

Bitcoin CFDs (contracts for difference)

This is similar to day trading, but different to the extent that you don’t have to buy Bitcoins. When you buy Bitcoin CFDs, you can do it through a broker such as plus500 or AvaTrade. The idea is that instead of buying the actual asset (Bitcoin) and then selling it later, you buy a contract for that asset, so you don’t have to deal with actually holding or storing Bitcoins. More on Bitcoin CFDs here. With CFDs you can also brief sell – meaning make a profit when Bitcoin’s price goes down.

Bitcoin binary options

Bitcoin binary options are a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct, you earn the option’s payoff; if you’re incorrect, you lose your investment. They are called “Binary Options”, because the outcome is either win or lose; there’s nothing in inbetween.

Basically, it’s a form of gambling that’s covered up with a pretty name. No one can predict precisely what will happen with Bitcoin’s price. If that were possible, we would all be billionaires. I suggest you stay away from Bitcoin binary options unless you like to gamble, and if you do, that’s fine I guess.

#8 – Bitcoin affiliate marketing

I’ve written a lot in the past about how I generate a nice amount of Bitcoins through affiliate programs. The idea of an affiliate program is that you promote someone else’s product and they pay you in comeback for sales you bring in. So, for example, I can promote TREZOR (which is actually an awesome product that I personally use), and if someone determines to buy TREZOR and they came from my site, I get a commission for it. Just so you understand the potential in this, here are my TREZOR earnings from the past month:

*The negative transaction on Jan 5th is a payout from TREZOR for previous earnings.

As you can see it can adds up to a pretty nice amount, especially when you consider that once I set up a post that generates referral, it’s basically all autopilot from there. If you’re interested in going down this route, here’s some more information about affiliate marketing with Bitcoin. And here is a list of many of the Bitcoin affiliate programs out there.

#9 – Open a faucet / rotator

I came to know about this option only recently. I’ve written an extensive post about how to operate your own Bitcoin faucet, but if you don’t want the hassle of managing a faucet, you can also attempt to build a Bitcoin faucet rotator.

A rotator site is a site that permits you to quickly surf through different faucets without opening a fresh site or tab each time. The links to each faucet inwards the rotator are referral links, and the rotator possessor earns a commission from each faucet you visit through it as well. You can take a look at 99Bitcoins’ rotator to get a better idea of what I mean.

However, rotators require maintenance as well, since Bitcoin faucets come and go pretty quickly and you’ll need to update your rotator accordingly. Having said that, if you make a successful rotator with a lot of traffic, you can very likely generate a nice income. Unluckily, our rotator isn’t that successful, so we’re only making a few thousand Satoshis a day (these are our actual payment stats).

#Ten – Play games to earn Bitcoins

Aside from gambling, which is also considered a game, there are a multiplicity of Bitcoin games that don’t require any investment, and permit you to earn Bitcoins while playing them. Think of them as a joy faucet, since you’ll most likely be wasting your time and earning very little as well.

ChopCoin, Coinbrawl and Bitcoin Aliens’ mobile app are just some examples of how you can make the task of earning puny amounts of Bitcoin pleasurable.

#11 – Earn Bitcoins by answering questions

A website that came to my attention not long ago is Bitfortip. The idea of the website is plain, someone posts a question with a prize. Whoever answers the question best gets the prize. The questions require some research online, here are some examples:

  • Find the cheapest price for the a specific mobile phone online
  • Find the best Bitcoin advertising platform

The amount of the Bitcoin prize is being determined from the inquirer. Minimum amount required is 0.0001 BTC. Harshly $0.06 with the current bitcoin price.

I’m not sure how much you’ll be able to earn with this site as it seems to have a fresh question posted about twice a week. This means that the site needs to get a bit more traffic before it can become a viable income source however you should certainly check it out.

Bonus option – Get part/all of your salary in Bitcoin

Bitwage is a company that supplies a bank account to workers in any country who receive wages and business disbursements from the US/EU/UK and then pays them out in Bitcoin. This way if you work at any job that can pay to Bitwage’s account you can get your salary in Bitcoin. You can also choose to only have part of your salary in Bitcoin and the rest in fiat currency.

Here’s a brief movie of how it works:

There’s no such thing as effortless money

There you have it; this is the total array of possibilities to earn Bitcoins online today. As I said in the beginning, there’s no such thing as free Bitcoins – in each of these options it will either cost you time or money to generate more coins. To wrap things up, I made this chart showcasing where each of the options I’ve just listed is located on the “effort – income” axes.

If you have more ideas for earning Bitcoins online, list them in the comment section below. I’d love to hear about them.

How to Get Bitcoins – A Guide to Earning Bitcoins Quick and Free in two thousand seventeen

How to Get Bitcoins – A Guide to Earning Bitcoins Rapid and Free in two thousand seventeen

It’s been a while since I wrote a fresh post, and it feels good to be back! Today, I’m going to cover all of the available ways there are to to earn Bitcoins online. Before I begin, I just want to make something very clear:

There is no effortless way to make a substantial amount of Bitcoins

Table of Contents

Just like there’s no effortless way to make a substantial amount of US dollars or any other valuable currency for that matter. The good news is that if you’re willing to put in the effort, you can achieve some very nice earnings online. Later on in this post, I’ll expose some of my own earnings so you can see what I mean.

Also, there’s no such thing as “free bitcoins”. It will always cost you something to get Bitcoins. It may not always be money, but something needs to be spent, whether it’s time, your email address, viewing ads or anything else.

I hope I didn’t burst your bubble too much right at the commence of this post, but if you’re still here with me, let’s dive into the different ways you can earn Bitcoins today.

#1 – Micro Earnings

This is most likely the easiest niche to get into, but it’s also the most time consuming. Methods that belong to this niche usually take up a lot of time and pay a fairly petite (almost irrelevant) amount of Bitcoins. Even if you have a lot of free time on your forearms, this still won’t bring you too much income. Also, some of the websites that pay out micro earnings have built-in malware and viruses, so you need to stay safe and not click any links you don’t trust.

PTC or Paid-to-Click websites ($0.Four/hour on avg.)

As the name suggests, these are websites that will give you puny amounts of Bitcoin for viewing ads and visiting websites. The most popular PTC website today is ads4BTC. The site will give you a choice inbetween 5-second ads, 10-second ads and 20-second ads, as shown here:

As you can see, even if we witness 20-second ads all day long for twenty four hours, we will be making 0.0216BTC. So basically, we’ll be making $9.612 for twenty four hours of work.

Bitcoin Faucets ($0.054/hour on avg.)

Even tho’ running a Bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a petite quantity of Bitcoins every few minutes. For example, Milli, our own Bitcoin faucet gives up to one thousand Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the one thousand prize every time for a total twenty four hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for twenty four hours of work (and we have one of the highest-paying faucets in the industry).

Micro jobs

There is always the possibility of completing micro tasks in order to get paid petite amounts of Bitcoin. Coinworker is a good example of a micro jobs Bitcoin site. Jobs can be anything from testing a web application on a browser to retweeting a post.

#Two – Writing about Bitcoin

Writing about Bitcoin requires time, skill and the capability to write in the required language (usually English). Through writing, you can embark making a nice income depending on where you choose to write.

BitcoinTalk Signature Campaigns ($Two.67/hour on avg.)

Somewhere around mid-2014, BitcoinTalk embarked running signature campaigns. What this means is that you use your BitcoinTalk’s signature to advertise a Bitcoin product and get paid for every post you write. The accomplish list of campaigns can be seen here. Of course, this created a lot of “junk” posts on BitcoinTalk, like people telling just “thank you” or “awesome post” and not adding any actual content.

You get paid according to your membership level on BitcoinTalk. Usually, anyone under a total member won’t get paid that much or paid at all. To becoming a utter member, you’ll need at least one hundred twenty posts under your belt, and then you can embark earning 0.0005BTC on average per post. There are also limitations on posts you can write such as “original posts with sixty or more characters”, “You can’t have negative trust or other advertisements”, etc. Sometimes, there’s also a minimum post requirement per week.

Observing as writing a constructive post of at least sixty words takes a minimum of five minutes, my guess is that if you work for twenty four hours straight, you can make 0.144BTC. So you’ll be making $64.08 for twenty four hours of work. This, of course, does not include the number of posts you need to write in order to get the required membership level on BitcoinTalk. Also, many campaigns have a “maximum posts permitted per week” policy, so you may not be able to work a utter twenty four hours.

Writing for blogs and news sites ($31.25/hour on avg.)

If you think you have enough skill to contribute about Bitcoin, you can always become a writer for a blog or a news site. Many sites need to pack up a daily quota of posts, and they are despairingly looking for writers. We hire the occasional writer on 99Bitcoins as well, and I can say that the salary of a blog post writer will vary significantly based on your practice, control of the English language and expertise. If you’re a top-notch writer, you can even make up to $80 per 1000-word blog post. On average, I’m guessing most writer get somewhere around $35 for a 1000-word blog post.

But writing a good blog post takes time. For example, it took me about four hours to write this 2400-word blog post. So let’s say, theoretically, that I can work for twenty four hours straight; I’ll be making around $750. If you want to become a writer, the best way to find Bitcoin blogs that are looking for writers is through Coinality, which aggregates all of the Bitcoin jobs being posted online.

#Three – Supply Bitcoin-related services

This category is a bit broad, as it includes every possible Bitcoin service that you can think of that someone would pay for. The best ways to get ideas for services you can provide is to visit either Coinality (which I’ve mentioned previously) or the services thread on BitcoinTalk. Some examples for services people are looking for:

  • Blockchain developer
  • Website manager
  • Graphic design experienced
  • Mining accomplished
  • Online marketer, etc.

Becoming a Bitcoin escrow agent

One example of a service you can provide is becoming a Bitcoin escrow agent and getting paid for arbitration in Bitcoin transactions (more on that here). Of course, this will mean you will need to build up some sort of reputation for yourself as a trustworthy person in the community.

I can’t indeed put a price estimate on this category, since every service is different. This is something you will have to personally research depending on the service you’d like to provide.

#Four – Bitcoin lending

If you own some Bitcoins and want to increase their value, you can always look into Bitcoin lending. The idea is pretty elementary – you lend out a certain amount of your coins to people for crypto-related projects (usually) and get them back with an interest.

The good news is that you can get very high comes back through lending. The bad news is that with high comes back also comes high risk. Some of the people you will lend to won’t comeback your money, or you might have to pursue them in order to make sure they pay. That’s why it’s significant to choose your lending projects wisely. Here’s my own individual practice with Bitcoin lending, and here’s how to choose a good lending project.

There are presently three main websites that deal with Bitcoin lending – BTCJam, Bitbond and Loanbase.

Update: I no longer thing this is a safe way to earn Bitcoins. You’re more likely to lose your money than to get it back. Here’s some stuff I’ve learned along the way.

Bitcoin Investment sites (avoid at all costs!)

There are hundreds of sites around the web that claims they can multiply your Bitcoin, give you super high daily interest on your coins or do all sorts of other “magical” stuff if you just send them your coins. These sites are known as HYIPs (High Yield Investment Programs) and from my private practice they are 100% scam.

Every day I get at least one or two emails from people who have been conned by these sites. What the site generally does is pay members using fresh member deposits that come in. This proceeds until one day the site determines to downright vanish from the web with the majority of their investors money.

I can’t emphasis enough how dangerous these sites are – AVOID THEM AT ALL COSTS!! They are not a way to earn Bitcoins, they are a way to lose Bitcoins. If you’re not sure if a site is legit or not, I suggest using the Bitcoin scam test to find out.

#Five – Mine Bitcoins

I’m going to be brief about this option. Bitcoin mining is not a way to earn Bitcoin quick or free. It takes a lot of time, research and money that you’ll need to invest into mining equipment. If you’re a new-comer, then you very likely shouldn’t be pursuing this. If you’re a veteran, then you most likely already know this.

Sure, you’ll be able to generate Bitcoins even if you use your own PC at home, but if you use a mining calculator, you’ll see that you’ll be making 0.00000968BTC a day ($0.0043) and spending perhaps 100x that on electro-therapy bills or cooling down your computer (in hopes it doesn’t get ruined in the process). If you’ve missed our latest movie about Bitcoin mining, perhaps this will give you a clearer explanation of what mining is and why you should very likely stay away from it:

Some of you may say “but I eyed some cloud-mining websites that permit me to profit without the need to pay the expenses involved in mining”. Well, in that case, you should perhaps read this article I wrote a while back. TL;DR – IMO, most, if not all, Bitcoin cloud mining websites are ponzi schemes that uncommonly actually use your investment to mine Bitcoins.

#6 – Gambling

This part doesn’t need a lot of explanation, I guess. There are a lot of Bitcoin gambling websites out there that will gladly take your money for the chance of winning a fatter pot. Here’s just one example. The upside about gambling is that it doesn’t take any specific skill to commence doing it; the downside is that it’s much more likely that you’ll lose all of your Bitcoins than actually win anything.

#7 – Bitcoin trading

Today, there are many forms of Bitcoin trading available. If you’re interested in getting began with trading, you need to make sure you have the required skill. In the following weeks, I’ll post a finish beginner’s tutorial on Bitcoin trading, but for now, here are the main options:

Bitcoin day trading

Day trading is the buying and selling of Bitcoins on the same day, on the basis of puny, short-term price fluctuations. So, if you think that Bitcoin’s price is going to go up, it’s a good time to buy some Bitcoins and sell them off after you’ve made a profit. In order to participate in actual day trading, you’ll have to own or buy Bitcoins.

Bitcoin CFDs (contracts for difference)

This is similar to day trading, but different to the extent that you don’t have to buy Bitcoins. When you buy Bitcoin CFDs, you can do it through a broker such as plus500 or AvaTrade. The idea is that instead of buying the actual asset (Bitcoin) and then selling it later, you buy a contract for that asset, so you don’t have to deal with actually holding or storing Bitcoins. More on Bitcoin CFDs here. With CFDs you can also brief sell – meaning make a profit when Bitcoin’s price goes down.

Bitcoin binary options

Bitcoin binary options are a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct, you earn the option’s payoff; if you’re incorrect, you lose your investment. They are called “Binary Options”, because the outcome is either win or lose; there’s nothing in inbetween.

Basically, it’s a form of gambling that’s covered up with a pretty name. No one can predict precisely what will happen with Bitcoin’s price. If that were possible, we would all be billionaires. I suggest you stay away from Bitcoin binary options unless you like to gamble, and if you do, that’s fine I guess.

#8 – Bitcoin affiliate marketing

I’ve written a lot in the past about how I generate a nice amount of Bitcoins through affiliate programs. The idea of an affiliate program is that you promote someone else’s product and they pay you in comeback for sales you bring in. So, for example, I can promote TREZOR (which is actually an awesome product that I personally use), and if someone determines to buy TREZOR and they came from my site, I get a commission for it. Just so you understand the potential in this, here are my TREZOR earnings from the past month:

*The negative transaction on Jan 5th is a payout from TREZOR for previous earnings.

As you can see it can adds up to a pretty nice amount, especially when you consider that once I set up a post that generates referral, it’s basically all autopilot from there. If you’re interested in going down this route, here’s some more information about affiliate marketing with Bitcoin. And here is a list of many of the Bitcoin affiliate programs out there.

#9 – Open a faucet / rotator

I came to know about this option only recently. I’ve written an extensive post about how to operate your own Bitcoin faucet, but if you don’t want the hassle of managing a faucet, you can also attempt to build a Bitcoin faucet rotator.

A rotator site is a site that permits you to quickly surf through different faucets without opening a fresh site or tab each time. The links to each faucet inwards the rotator are referral links, and the rotator proprietor earns a commission from each faucet you visit through it as well. You can take a look at 99Bitcoins’ rotator to get a better idea of what I mean.

However, rotators require maintenance as well, since Bitcoin faucets come and go pretty quickly and you’ll need to update your rotator accordingly. Having said that, if you make a successful rotator with a lot of traffic, you can very likely generate a nice income. Unluckily, our rotator isn’t that successful, so we’re only making a few thousand Satoshis a day (these are our actual payment stats).

#Ten – Play games to earn Bitcoins

Aside from gambling, which is also considered a game, there are a multitude of Bitcoin games that don’t require any investment, and permit you to earn Bitcoins while playing them. Think of them as a joy faucet, since you’ll most likely be wasting your time and earning very little as well.

ChopCoin, Coinbrawl and Bitcoin Aliens’ mobile app are just some examples of how you can make the task of earning puny amounts of Bitcoin pleasurable.

#11 – Earn Bitcoins by answering questions

A website that came to my attention not long ago is Bitfortip. The idea of the website is ordinary, someone posts a question with a prize. Whoever answers the question best gets the prize. The questions require some research online, here are some examples:

  • Find the cheapest price for the a specific mobile phone online
  • Find the best Bitcoin advertising platform

The amount of the Bitcoin prize is being determined from the inquirer. Minimum amount required is 0.0001 BTC. Harshly $0.06 with the current bitcoin price.

I’m not sure how much you’ll be able to earn with this site as it seems to have a fresh question posted about twice a week. This means that the site needs to get a bit more traffic before it can become a viable income source however you should certainly check it out.

Bonus option – Get part/all of your salary in Bitcoin

Bitwage is a company that supplies a bank account to workers in any country who receive wages and business disbursements from the US/EU/UK and then pays them out in Bitcoin. This way if you work at any job that can pay to Bitwage’s account you can get your salary in Bitcoin. You can also choose to only have part of your salary in Bitcoin and the rest in fiat currency.

Here’s a brief movie of how it works:

There’s no such thing as effortless money

There you have it; this is the utter array of possibilities to earn Bitcoins online today. As I said in the beginning, there’s no such thing as free Bitcoins – in each of these options it will either cost you time or money to generate more coins. To wrap things up, I made this chart displaying where each of the options I’ve just listed is located on the “effort – income” axes.

If you have more ideas for earning Bitcoins online, list them in the comment section below. I’d love to hear about them.

How to Get Bitcoins – A Guide to Earning Bitcoins Prompt and Free in two thousand seventeen

How to Get Bitcoins – A Guide to Earning Bitcoins Prompt and Free in two thousand seventeen

It’s been a while since I wrote a fresh post, and it feels good to be back! Today, I’m going to cover all of the available ways there are to to earn Bitcoins online. Before I begin, I just want to make something very clear:

There is no effortless way to make a substantial amount of Bitcoins

Table of Contents

Just like there’s no effortless way to make a substantial amount of US dollars or any other valuable currency for that matter. The good news is that if you’re willing to put in the effort, you can achieve some very nice earnings online. Later on in this post, I’ll expose some of my own earnings so you can see what I mean.

Also, there’s no such thing as “free bitcoins”. It will always cost you something to get Bitcoins. It may not always be money, but something needs to be spent, whether it’s time, your email address, viewing ads or anything else.

I hope I didn’t burst your bubble too much right at the begin of this post, but if you’re still here with me, let’s dive into the different ways you can earn Bitcoins today.

#1 – Micro Earnings

This is most likely the easiest niche to get into, but it’s also the most time consuming. Methods that belong to this niche usually take up a lot of time and pay a fairly petite (almost irrelevant) amount of Bitcoins. Even if you have a lot of free time on your forearms, this still won’t bring you too much income. Also, some of the websites that pay out micro earnings have built-in malware and viruses, so you need to stay safe and not click any links you don’t trust.

PTC or Paid-to-Click websites ($0.Four/hour on avg.)

As the name suggests, these are websites that will give you petite amounts of Bitcoin for viewing ads and visiting websites. The most popular PTC website today is ads4BTC. The site will give you a choice inbetween 5-second ads, 10-second ads and 20-second ads, as shown here:

As you can see, even if we see 20-second ads all day long for twenty four hours, we will be making 0.0216BTC. So basically, we’ll be making $9.612 for twenty four hours of work.

Bitcoin Faucets ($0.054/hour on avg.)

Even however running a Bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a petite quantity of Bitcoins every few minutes. For example, Milli, our own Bitcoin faucet gives up to one thousand Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the one thousand prize every time for a utter twenty four hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for twenty four hours of work (and we have one of the highest-paying faucets in the industry).

Micro jobs

There is always the possibility of completing micro tasks in order to get paid puny amounts of Bitcoin. Coinworker is a good example of a micro jobs Bitcoin site. Jobs can be anything from testing a web application on a browser to retweeting a post.

#Two – Writing about Bitcoin

Writing about Bitcoin requires time, skill and the capability to write in the required language (usually English). Through writing, you can embark making a nice income depending on where you choose to write.

BitcoinTalk Signature Campaigns ($Two.67/hour on avg.)

Somewhere around mid-2014, BitcoinTalk commenced running signature campaigns. What this means is that you use your BitcoinTalk’s signature to advertise a Bitcoin product and get paid for every post you write. The finish list of campaigns can be seen here. Of course, this created a lot of “junk” posts on BitcoinTalk, like people telling just “thank you” or “awesome post” and not adding any actual content.

You get paid according to your membership level on BitcoinTalk. Usually, anyone under a utter member won’t get paid that much or paid at all. To becoming a utter member, you’ll need at least one hundred twenty posts under your belt, and then you can embark earning 0.0005BTC on average per post. There are also limitations on posts you can write such as “original posts with sixty or more characters”, “You can’t have negative trust or other advertisements”, etc. Sometimes, there’s also a minimum post requirement per week.

Observing as writing a constructive post of at least sixty words takes a minimum of five minutes, my guess is that if you work for twenty four hours straight, you can make 0.144BTC. So you’ll be making $64.08 for twenty four hours of work. This, of course, does not include the number of posts you need to write in order to get the required membership level on BitcoinTalk. Also, many campaigns have a “maximum posts permitted per week” policy, so you may not be able to work a total twenty four hours.

Writing for blogs and news sites ($31.25/hour on avg.)

If you think you have enough skill to contribute about Bitcoin, you can always become a writer for a blog or a news site. Many sites need to pack up a daily quota of posts, and they are despairingly looking for writers. We hire the occasional writer on 99Bitcoins as well, and I can say that the salary of a blog post writer will vary significantly based on your practice, control of the English language and expertise. If you’re a top-notch writer, you can even make up to $80 per 1000-word blog post. On average, I’m guessing most writer get somewhere around $35 for a 1000-word blog post.

But writing a good blog post takes time. For example, it took me about four hours to write this 2400-word blog post. So let’s say, theoretically, that I can work for twenty four hours straight; I’ll be making around $750. If you want to become a writer, the best way to find Bitcoin blogs that are looking for writers is through Coinality, which aggregates all of the Bitcoin jobs being posted online.

#Trio – Supply Bitcoin-related services

This category is a bit broad, as it includes every possible Bitcoin service that you can think of that someone would pay for. The best ways to get ideas for services you can provide is to visit either Coinality (which I’ve mentioned previously) or the services thread on BitcoinTalk. Some examples for services people are looking for:

  • Blockchain developer
  • Website manager
  • Graphic design accomplished
  • Mining accomplished
  • Online marketer, etc.

Becoming a Bitcoin escrow agent

One example of a service you can provide is becoming a Bitcoin escrow agent and getting paid for arbitration in Bitcoin transactions (more on that here). Of course, this will mean you will need to build up some sort of reputation for yourself as a trustworthy person in the community.

I can’t truly put a price estimate on this category, since every service is different. This is something you will have to personally research depending on the service you’d like to provide.

#Four – Bitcoin lending

If you own some Bitcoins and want to increase their value, you can always look into Bitcoin lending. The idea is pretty ordinary – you lend out a certain amount of your coins to people for crypto-related projects (usually) and get them back with an interest.

The good news is that you can get very high comebacks through lending. The bad news is that with high comebacks also comes high risk. Some of the people you will lend to won’t come back your money, or you might have to pursue them in order to make sure they pay. That’s why it’s significant to choose your lending projects wisely. Here’s my own private practice with Bitcoin lending, and here’s how to choose a good lending project.

There are presently three main websites that deal with Bitcoin lending – BTCJam, Bitbond and Loanbase.

Update: I no longer thing this is a safe way to earn Bitcoins. You’re more likely to lose your money than to get it back. Here’s some stuff I’ve learned along the way.

Bitcoin Investment sites (avoid at all costs!)

There are hundreds of sites around the web that claims they can multiply your Bitcoin, give you super high daily interest on your coins or do all sorts of other “magical” stuff if you just send them your coins. These sites are known as HYIPs (High Yield Investment Programs) and from my private practice they are 100% scam.

Every day I get at least one or two emails from people who have been conned by these sites. What the site generally does is pay members using fresh member deposits that come in. This resumes until one day the site determines to entirely vanish from the web with the majority of their investors money.

I can’t emphasis enough how dangerous these sites are – AVOID THEM AT ALL COSTS!! They are not a way to earn Bitcoins, they are a way to lose Bitcoins. If you’re not sure if a site is legit or not, I suggest using the Bitcoin scam test to find out.

#Five – Mine Bitcoins

I’m going to be brief about this option. Bitcoin mining is not a way to earn Bitcoin swift or free. It takes a lot of time, research and money that you’ll need to invest into mining equipment. If you’re a beginner, then you very likely shouldn’t be pursuing this. If you’re a veteran, then you most likely already know this.

Sure, you’ll be able to generate Bitcoins even if you use your own PC at home, but if you use a mining calculator, you’ll see that you’ll be making 0.00000968BTC a day ($0.0043) and spending perhaps 100x that on tens unit bills or cooling down your computer (in hopes it doesn’t get ruined in the process). If you’ve missed our latest movie about Bitcoin mining, perhaps this will give you a clearer explanation of what mining is and why you should very likely stay away from it:

Some of you may say “but I witnessed some cloud-mining websites that permit me to profit without the need to pay the expenses involved in mining”. Well, in that case, you should perhaps read this article I wrote a while back. TL;DR – IMO, most, if not all, Bitcoin cloud mining websites are ponzi schemes that infrequently actually use your investment to mine Bitcoins.

#6 – Gambling

This part doesn’t need a lot of explanation, I guess. There are a lot of Bitcoin gambling websites out there that will gladly take your money for the chance of winning a fatter pot. Here’s just one example. The upside about gambling is that it doesn’t take any specific skill to embark doing it; the downside is that it’s much more likely that you’ll lose all of your Bitcoins than actually win anything.

#7 – Bitcoin trading

Today, there are many forms of Bitcoin trading available. If you’re interested in getting began with trading, you need to make sure you have the required skill. In the following weeks, I’ll post a accomplish beginner’s tutorial on Bitcoin trading, but for now, here are the main options:

Bitcoin day trading

Day trading is the buying and selling of Bitcoins on the same day, on the basis of petite, short-term price fluctuations. So, if you think that Bitcoin’s price is going to go up, it’s a good time to buy some Bitcoins and sell them off after you’ve made a profit. In order to participate in actual day trading, you’ll have to own or buy Bitcoins.

Bitcoin CFDs (contracts for difference)

This is similar to day trading, but different to the extent that you don’t have to buy Bitcoins. When you buy Bitcoin CFDs, you can do it through a broker such as plus500 or AvaTrade. The idea is that instead of buying the actual asset (Bitcoin) and then selling it later, you buy a contract for that asset, so you don’t have to deal with actually holding or storing Bitcoins. More on Bitcoin CFDs here. With CFDs you can also brief sell – meaning make a profit when Bitcoin’s price goes down.

Bitcoin binary options

Bitcoin binary options are a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct, you earn the option’s payoff; if you’re incorrect, you lose your investment. They are called “Binary Options”, because the outcome is either win or lose; there’s nothing in inbetween.

Basically, it’s a form of gambling that’s covered up with a pretty name. No one can predict precisely what will happen with Bitcoin’s price. If that were possible, we would all be billionaires. I suggest you stay away from Bitcoin binary options unless you like to gamble, and if you do, that’s fine I guess.

#8 – Bitcoin affiliate marketing

I’ve written a lot in the past about how I generate a nice amount of Bitcoins through affiliate programs. The idea of an affiliate program is that you promote someone else’s product and they pay you in come back for sales you bring in. So, for example, I can promote TREZOR (which is actually an awesome product that I personally use), and if someone determines to buy TREZOR and they came from my site, I get a commission for it. Just so you understand the potential in this, here are my TREZOR earnings from the past month:

*The negative transaction on Jan 5th is a payout from TREZOR for previous earnings.

As you can see it can adds up to a pretty nice amount, especially when you consider that once I set up a post that generates referral, it’s basically all autopilot from there. If you’re interested in going down this route, here’s some more information about affiliate marketing with Bitcoin. And here is a list of many of the Bitcoin affiliate programs out there.

#9 – Open a faucet / rotator

I came to know about this option only recently. I’ve written an extensive post about how to operate your own Bitcoin faucet, but if you don’t want the hassle of managing a faucet, you can also attempt to build a Bitcoin faucet rotator.

A rotator site is a site that permits you to quickly surf through different faucets without opening a fresh site or tab each time. The links to each faucet inwards the rotator are referral links, and the rotator possessor earns a commission from each faucet you visit through it as well. You can take a look at 99Bitcoins’ rotator to get a better idea of what I mean.

However, rotators require maintenance as well, since Bitcoin faucets come and go pretty quickly and you’ll need to update your rotator accordingly. Having said that, if you make a successful rotator with a lot of traffic, you can most likely generate a nice income. Unluckily, our rotator isn’t that successful, so we’re only making a few thousand Satoshis a day (these are our actual payment stats).

#Ten – Play games to earn Bitcoins

Aside from gambling, which is also considered a game, there are a multitude of Bitcoin games that don’t require any investment, and permit you to earn Bitcoins while playing them. Think of them as a joy faucet, since you’ll very likely be wasting your time and earning very little as well.

ChopCoin, Coinbrawl and Bitcoin Aliens’ mobile app are just some examples of how you can make the task of earning petite amounts of Bitcoin pleasurable.

#11 – Earn Bitcoins by answering questions

A website that came to my attention not long ago is Bitfortip. The idea of the website is elementary, someone posts a question with a prize. Whoever answers the question best gets the prize. The questions require some research online, here are some examples:

  • Find the cheapest price for the a specific mobile phone online
  • Find the best Bitcoin advertising platform

The amount of the Bitcoin prize is being determined from the inquirer. Minimum amount required is 0.0001 BTC. Toughly $0.06 with the current bitcoin price.

I’m not sure how much you’ll be able to earn with this site as it seems to have a fresh question posted about twice a week. This means that the site needs to get a bit more traffic before it can become a viable income source however you should certainly check it out.

Bonus option – Get part/all of your salary in Bitcoin

Bitwage is a company that supplies a bank account to workers in any country who receive wages and business disbursements from the US/EU/UK and then pays them out in Bitcoin. This way if you work at any job that can pay to Bitwage’s account you can get your salary in Bitcoin. You can also choose to only have part of your salary in Bitcoin and the rest in fiat currency.

Here’s a brief movie of how it works:

There’s no such thing as effortless money

There you have it; this is the utter array of possibilities to earn Bitcoins online today. As I said in the beginning, there’s no such thing as free Bitcoins – in each of these options it will either cost you time or money to generate more coins. To wrap things up, I made this chart displaying where each of the options I’ve just listed is located on the “effort – income” axes.

If you have more ideas for earning Bitcoins online, list them in the comment section below. I’d love to hear about them.

How to Get Bitcoins – A Guide to Earning Bitcoins Quick and Free in two thousand seventeen

How to Get Bitcoins – A Guide to Earning Bitcoins Prompt and Free in two thousand seventeen

It’s been a while since I wrote a fresh post, and it feels good to be back! Today, I’m going to cover all of the available ways there are to to earn Bitcoins online. Before I begin, I just want to make something very clear:

There is no effortless way to make a substantial amount of Bitcoins

Table of Contents

Just like there’s no effortless way to make a substantial amount of US dollars or any other valuable currency for that matter. The good news is that if you’re willing to put in the effort, you can achieve some very nice earnings online. Later on in this post, I’ll expose some of my own earnings so you can see what I mean.

Also, there’s no such thing as “free bitcoins”. It will always cost you something to get Bitcoins. It may not always be money, but something needs to be spent, whether it’s time, your email address, viewing ads or anything else.

I hope I didn’t burst your bubble too much right at the begin of this post, but if you’re still here with me, let’s dive into the different ways you can earn Bitcoins today.

#1 – Micro Earnings

This is very likely the easiest niche to get into, but it’s also the most time consuming. Methods that belong to this niche usually take up a lot of time and pay a fairly petite (almost irrelevant) amount of Bitcoins. Even if you have a lot of free time on your mitts, this still won’t bring you too much income. Also, some of the websites that pay out micro earnings have built-in malware and viruses, so you need to stay safe and not click any links you don’t trust.

PTC or Paid-to-Click websites ($0.Four/hour on avg.)

As the name suggests, these are websites that will give you petite amounts of Bitcoin for viewing ads and visiting websites. The most popular PTC website today is ads4BTC. The site will give you a choice inbetween 5-second ads, 10-second ads and 20-second ads, as shown here:

As you can see, even if we see 20-second ads all day long for twenty four hours, we will be making 0.0216BTC. So basically, we’ll be making $9.612 for twenty four hours of work.

Bitcoin Faucets ($0.054/hour on avg.)

Even however running a Bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a puny quantity of Bitcoins every few minutes. For example, Milli, our own Bitcoin faucet gives up to one thousand Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the one thousand prize every time for a total twenty four hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for twenty four hours of work (and we have one of the highest-paying faucets in the industry).

Micro jobs

There is always the possibility of completing micro tasks in order to get paid puny amounts of Bitcoin. Coinworker is a good example of a micro jobs Bitcoin site. Jobs can be anything from testing a web application on a browser to retweeting a post.

#Two – Writing about Bitcoin

Writing about Bitcoin requires time, skill and the capability to write in the required language (usually English). Through writing, you can commence making a nice income depending on where you choose to write.

BitcoinTalk Signature Campaigns ($Two.67/hour on avg.)

Somewhere around mid-2014, BitcoinTalk embarked running signature campaigns. What this means is that you use your BitcoinTalk’s signature to advertise a Bitcoin product and get paid for every post you write. The finish list of campaigns can be seen here. Of course, this created a lot of “junk” posts on BitcoinTalk, like people telling just “thank you” or “awesome post” and not adding any actual content.

You get paid according to your membership level on BitcoinTalk. Usually, anyone under a utter member won’t get paid that much or paid at all. To becoming a utter member, you’ll need at least one hundred twenty posts under your belt, and then you can embark earning 0.0005BTC on average per post. There are also limitations on posts you can write such as “original posts with sixty or more characters”, “You can’t have negative trust or other advertisements”, etc. Sometimes, there’s also a minimum post requirement per week.

Watching as writing a constructive post of at least sixty words takes a minimum of five minutes, my guess is that if you work for twenty four hours straight, you can make 0.144BTC. So you’ll be making $64.08 for twenty four hours of work. This, of course, does not include the number of posts you need to write in order to get the required membership level on BitcoinTalk. Also, many campaigns have a “maximum posts permitted per week” policy, so you may not be able to work a total twenty four hours.

Writing for blogs and news sites ($31.25/hour on avg.)

If you think you have enough skill to contribute about Bitcoin, you can always become a writer for a blog or a news site. Many sites need to pack up a daily quota of posts, and they are despairingly looking for writers. We hire the occasional writer on 99Bitcoins as well, and I can say that the salary of a blog post writer will vary significantly based on your practice, control of the English language and expertise. If you’re a top-notch writer, you can even make up to $80 per 1000-word blog post. On average, I’m guessing most writer get somewhere around $35 for a 1000-word blog post.

But writing a good blog post takes time. For example, it took me about four hours to write this 2400-word blog post. So let’s say, theoretically, that I can work for twenty four hours straight; I’ll be making around $750. If you want to become a writer, the best way to find Bitcoin blogs that are looking for writers is through Coinality, which aggregates all of the Bitcoin jobs being posted online.

#Trio – Supply Bitcoin-related services

This category is a bit broad, as it includes every possible Bitcoin service that you can think of that someone would pay for. The best ways to get ideas for services you can provide is to visit either Coinality (which I’ve mentioned previously) or the services thread on BitcoinTalk. Some examples for services people are looking for:

  • Blockchain developer
  • Website manager
  • Graphic design accomplished
  • Mining accomplished
  • Online marketer, etc.

Becoming a Bitcoin escrow agent

One example of a service you can provide is becoming a Bitcoin escrow agent and getting paid for arbitration in Bitcoin transactions (more on that here). Of course, this will mean you will need to build up some sort of reputation for yourself as a trustworthy person in the community.

I can’t indeed put a price estimate on this category, since every service is different. This is something you will have to personally research depending on the service you’d like to provide.

#Four – Bitcoin lending

If you own some Bitcoins and want to increase their value, you can always look into Bitcoin lending. The idea is pretty plain – you lend out a certain amount of your coins to people for crypto-related projects (usually) and get them back with an interest.

The good news is that you can get very high comebacks through lending. The bad news is that with high comebacks also comes high risk. Some of the people you will lend to won’t comeback your money, or you might have to pursue them in order to make sure they pay. That’s why it’s significant to choose your lending projects wisely. Here’s my own private practice with Bitcoin lending, and here’s how to choose a good lending project.

There are presently three main websites that deal with Bitcoin lending – BTCJam, Bitbond and Loanbase.

Update: I no longer thing this is a safe way to earn Bitcoins. You’re more likely to lose your money than to get it back. Here’s some stuff I’ve learned along the way.

Bitcoin Investment sites (avoid at all costs!)

There are hundreds of sites around the web that claims they can multiply your Bitcoin, give you super high daily interest on your coins or do all sorts of other “magical” stuff if you just send them your coins. These sites are known as HYIPs (High Yield Investment Programs) and from my private practice they are 100% scam.

Every day I get at least one or two emails from people who have been conned by these sites. What the site generally does is pay members using fresh member deposits that come in. This proceeds until one day the site determines to downright vanish from the web with the majority of their investors money.

I can’t emphasis enough how dangerous these sites are – AVOID THEM AT ALL COSTS!! They are not a way to earn Bitcoins, they are a way to lose Bitcoins. If you’re not sure if a site is legit or not, I suggest using the Bitcoin scam test to find out.

#Five – Mine Bitcoins

I’m going to be brief about this option. Bitcoin mining is not a way to earn Bitcoin swift or free. It takes a lot of time, research and money that you’ll need to invest into mining equipment. If you’re a newcomer, then you very likely shouldn’t be pursuing this. If you’re a veteran, then you most likely already know this.

Sure, you’ll be able to generate Bitcoins even if you use your own PC at home, but if you use a mining calculator, you’ll see that you’ll be making 0.00000968BTC a day ($0.0043) and spending perhaps 100x that on violet wand bills or cooling down your computer (in hopes it doesn’t get ruined in the process). If you’ve missed our latest movie about Bitcoin mining, perhaps this will give you a clearer explanation of what mining is and why you should most likely stay away from it:

Some of you may say “but I spotted some cloud-mining websites that permit me to profit without the need to pay the expenses involved in mining”. Well, in that case, you should perhaps read this article I wrote a while back. TL;DR – IMO, most, if not all, Bitcoin cloud mining websites are ponzi schemes that uncommonly actually use your investment to mine Bitcoins.

#6 – Gambling

This part doesn’t need a lot of explanation, I guess. There are a lot of Bitcoin gambling websites out there that will gladly take your money for the chance of winning a fatter pot. Here’s just one example. The upside about gambling is that it doesn’t take any specific skill to commence doing it; the downside is that it’s much more likely that you’ll lose all of your Bitcoins than actually win anything.

#7 – Bitcoin trading

Today, there are many forms of Bitcoin trading available. If you’re interested in getting commenced with trading, you need to make sure you have the required skill. In the following weeks, I’ll post a accomplish beginner’s tutorial on Bitcoin trading, but for now, here are the main options:

Bitcoin day trading

Day trading is the buying and selling of Bitcoins on the same day, on the basis of petite, short-term price fluctuations. So, if you think that Bitcoin’s price is going to go up, it’s a good time to buy some Bitcoins and sell them off after you’ve made a profit. In order to participate in actual day trading, you’ll have to own or buy Bitcoins.

Bitcoin CFDs (contracts for difference)

This is similar to day trading, but different to the extent that you don’t have to buy Bitcoins. When you buy Bitcoin CFDs, you can do it through a broker such as plus500 or AvaTrade. The idea is that instead of buying the actual asset (Bitcoin) and then selling it later, you buy a contract for that asset, so you don’t have to deal with actually holding or storing Bitcoins. More on Bitcoin CFDs here. With CFDs you can also brief sell – meaning make a profit when Bitcoin’s price goes down.

Bitcoin binary options

Bitcoin binary options are a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct, you earn the option’s payoff; if you’re incorrect, you lose your investment. They are called “Binary Options”, because the outcome is either win or lose; there’s nothing in inbetween.

Basically, it’s a form of gambling that’s covered up with a pretty name. No one can predict precisely what will happen with Bitcoin’s price. If that were possible, we would all be billionaires. I suggest you stay away from Bitcoin binary options unless you like to gamble, and if you do, that’s fine I guess.

#8 – Bitcoin affiliate marketing

I’ve written a lot in the past about how I generate a nice amount of Bitcoins through affiliate programs. The idea of an affiliate program is that you promote someone else’s product and they pay you in comeback for sales you bring in. So, for example, I can promote TREZOR (which is actually an awesome product that I personally use), and if someone determines to buy TREZOR and they came from my site, I get a commission for it. Just so you understand the potential in this, here are my TREZOR earnings from the past month:

*The negative transaction on Jan 5th is a payout from TREZOR for previous earnings.

As you can see it can adds up to a pretty nice amount, especially when you consider that once I set up a post that generates referral, it’s basically all autopilot from there. If you’re interested in going down this route, here’s some more information about affiliate marketing with Bitcoin. And here is a list of many of the Bitcoin affiliate programs out there.

#9 – Open a faucet / rotator

I came to know about this option only recently. I’ve written an extensive post about how to operate your own Bitcoin faucet, but if you don’t want the hassle of managing a faucet, you can also attempt to build a Bitcoin faucet rotator.

A rotator site is a site that permits you to quickly surf through different faucets without opening a fresh site or tab each time. The links to each faucet inwards the rotator are referral links, and the rotator holder earns a commission from each faucet you visit through it as well. You can take a look at 99Bitcoins’ rotator to get a better idea of what I mean.

However, rotators require maintenance as well, since Bitcoin faucets come and go pretty quickly and you’ll need to update your rotator accordingly. Having said that, if you make a successful rotator with a lot of traffic, you can very likely generate a nice income. Unluckily, our rotator isn’t that successful, so we’re only making a few thousand Satoshis a day (these are our actual payment stats).

#Ten – Play games to earn Bitcoins

Aside from gambling, which is also considered a game, there are a multitude of Bitcoin games that don’t require any investment, and permit you to earn Bitcoins while playing them. Think of them as a joy faucet, since you’ll very likely be wasting your time and earning very little as well.

ChopCoin, Coinbrawl and Bitcoin Aliens’ mobile app are just some examples of how you can make the task of earning puny amounts of Bitcoin pleasurable.

#11 – Earn Bitcoins by answering questions

A website that came to my attention not long ago is Bitfortip. The idea of the website is ordinary, someone posts a question with a prize. Whoever answers the question best gets the prize. The questions require some research online, here are some examples:

  • Find the cheapest price for the a specific mobile phone online
  • Find the best Bitcoin advertising platform

The amount of the Bitcoin prize is being determined from the inquirer. Minimum amount required is 0.0001 BTC. Toughly $0.06 with the current bitcoin price.

I’m not sure how much you’ll be able to earn with this site as it seems to have a fresh question posted about twice a week. This means that the site needs to get a bit more traffic before it can become a viable income source however you should certainly check it out.

Bonus option – Get part/all of your salary in Bitcoin

Bitwage is a company that supplies a bank account to workers in any country who receive wages and business disbursements from the US/EU/UK and then pays them out in Bitcoin. This way if you work at any job that can pay to Bitwage’s account you can get your salary in Bitcoin. You can also choose to only have part of your salary in Bitcoin and the rest in fiat currency.

Here’s a brief movie of how it works:

There’s no such thing as effortless money

There you have it; this is the utter array of possibilities to earn Bitcoins online today. As I said in the beginning, there’s no such thing as free Bitcoins – in each of these options it will either cost you time or money to generate more coins. To wrap things up, I made this chart showcasing where each of the options I’ve just listed is located on the “effort – income” axes.

If you have more ideas for earning Bitcoins online, list them in the comment section below. I’d love to hear about them.

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