HOW TO GET STARTED AND EARN YOUR FIRST BITCOIN

 

Whether you’re a new user or a Bitcoin expert, I hope that you will find answers to all of your questions on this page.

What is Bitcoin?

Bitcoin is an innovative payment network and a new kind of money. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.

Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

The bitcoin success story

 

How does Bitcoin work?

From a user perspective, Bitcoin is nothing more than a mobile app or computer program that provides a personal Bitcoin wallet and allows a user to send and receive bitcoins with them. This is how Bitcoin works for most users.

Behind the scenes, the Bitcoin network is sharing a public ledger called the « Block Chain ». This ledger contains every transaction ever processed, allowing a user’s computer to verify the validity of each transaction.

The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending bitcoins from their own Bitcoin addresses. In addition, anyone can process transactions using the computing power of specialized hardware and earn a reward in bitcoins for this service. This is often called « mining ».

 

Who controls the Bitcoin network?

Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can’t force a change in the Bitcoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.

Is Bitcoin really used by people?

Yes. There is a growing number of businesses and individuals using Bitcoin. This includes brick and mortar businesses like restaurants, apartments, law firms, and popular online services such as Namecheap, WordPress, and Reddit. While Bitcoin remains a relatively new phenomenon, it is growing fast. At the end of August 2013, the value of all bitcoins in circulation exceeded US$ 1.5 billion with millions of dollars worth of bitcoins exchanged daily.

Hermann Djoumessi Social media crypto-analyst featured in Cointelegraph

 

How to get started with Bitcoin ?

First you have to create your Bitcoin Wallet to receive your payments, to pay people, to store your Bitcoins, to exchange them for goods and services, or invest your bitcoins online…

I recommand you to start with the Blockchain’s Wallet, it’s very simple to use, secure and worldwide, simply click on this link : https://blockchain.info/fr/wallet/#/  all you have to do is to provide a valid email and a password.

Once you register you will receive and e-mail to activate your wallet and it’s done.

One you log-in into your Bitcoin wallet, you will be able to create a Bitcoin address to receive your online payments :

Now you are able to get your first Bitcoin !

If you’re looking for simple ways to get free bitcoins, you’ve got tons of options. Whether you’re a new bitcoin user, or just looking for additional ways to earn free bitcoin, you came to the right place.

Once you create your wallet address, you can start earning some Free Bitcoins online by visiting some Paid-to-Click (PTC) websites and doing small jobs, completing tasks and offers, getting paid by clicking or visiting websites, watching videos and viewing ads, answering captcha challenges, doing crowdsourced work. … etc.
I recommand you this list of the best paying Bitcoin websites , to start earning Bitcoins for free ! That’s where I got my first payment :

You can visit  the best Bitcoin paying websites: Here

If you want to Buy and/or sell Bitcoin, you can do it at : localbitcoin

 

This article was written by Nassim Belouar.                                     
  JOINS NASSIM: nassimbelouar7@gmail.com
  BLOG: www.nassimbelouar.wordpress.com

Thanks !

 

 

 

 

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