Bitcoin
Bitcoin, also known as BTC, is a digital currency released in 2009 by a group of men known as Satoshi Nakamato.
Bitcoins can be traded instantly* by anyone to anyone. The only requirement for using bitcoins is having an address to a wallet. You can acquire such an address through the softare provided by the bitcoin maintainer, other third party wallet software, or multiple online wallet services.
Bitcoins can be acquired through mining with your CPU or GPU (video card), or purchased from dealers and bitcoin exchanges.
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Getting started
The first thing you want to do in order to get into the bitcoin world is to get a wallet. This can be done using an online wallet service or by downloading the official client. The official client currently (2013-03-28) requires 8GB of hard disk space to start with, and that space will grow with time. The reason for this is that the block chain which holds all of the transactions is downloaded and stored locally. The block chain holds the required information for all transactions made on the network. You can use the block chain to verify that transactions are real, and to verify if payments have been sent or received.
The following links are the beginners essentials. You can download the official client from the site linked below:
- Download the official Bitcoin wallet, Bitcoin-Qt
- The official Bitcoin website
- We Use Coins - learn about bitcoins; basic information
- The Bitcoin Wiki - a lot of information
- Bitcoin Charts - realtime quotes from the major sites
- Bitcoin Block Explorer - stats from the bitcoin network
Online wallets
Bellow is a selection of online wallets. In some cases, such as with Coinbase, the account also has other services, such as buying coins for a fee.
- Coinbase Bitcoin Wallet
- Instawallet - instant wallets provided on the fly by unique URL
- BlockChain Bitcoin Wallet
Free Bitcoins
The following websites either distribute free coins or offer coins as payment for various services such as viewing websites or completing "offers".
- BitHits - daily
- Bitcoin Addict - daily
- Bitcoin Faucet - twice per day but takes minimum 0.01 BTC accumulated to withdraw
- Bitcoiner - daily
- Bitcoins 4 me - hourly
- BitCrate - pretty good when it actually has coins; follow its twitter
- Bunny Run - daily, from 0.04 mBTC to 0.1 mBTC
- CoinAd - hourly if you register, otherwise daily - has a chat where you can potentially earn 0.01 mBTC with every message
- Coin Reaper - 0.02 mBTC daily
- Cointicket - a news post says it will pay out "later."
- Daily Bitcoins - 0.01 mBTC every hour, sometimes gives Peerbet vouchers and bonuses
- NetLookup - daily
Paid to view
These sites pay you to view a page. The length of time to leave the page open can range from 10 seconds to 5 minutes. You don't need to be present for the timer to ffinish for most of them.
- BitBucks
- Bitcoin4you
- BitcoinGet
- Bitvisitor - pays out hourly
- CoinVisitor - you need to solve a simple captcha at the end, though the page display time is usually 10 seconds.
- EasyBitcoin / bitcoins easy
- CoinTube - paid to view videos
- Earn Free Bitcoins
- I want free Bitcoins - this site is pretty broken and I'm not even sure if it actually has any offers or will ever pay out
Bitcoin gambling
After you've acquired some coins, you might want to gamble with them for a chance to make some easy profits. The only thing that needs to happen here is sending your bet to one of the addresses below (at least 0.5 BTC). If you win, you get money sent back to the wallet you sent from. Make sure you use an address you can receive funds to, like an address from the official wallet.
- 25% win odds, 3.839x payout: 1zKD7P2PgEALbaExNjsEmGzuov6KCuaTT
- 45% win odds, 2.133x payout: 136HiTXjxmmnMChBA7ktgwGrk5de8zgrbi
- 50% win odds, 1.92x payout: 1AAdPfRsTRhymwCupwecK4HyW9do2gRWF3
- 55% win odds, 1.746x payout: 1CvX67tGF6hGQzQjDCKGjLTyc7hssYwfvo
- 75% win odds, 1.28x payout: 1D3nq8D65hNcvufCXm6pHXM8FUyzhD1CmY
- 95% win odds, 1.011x payout: 1S4YobS4tH4tUCVPrE5eifrz4Puyxbrey
