Have you ever made $100 in a day? If so, how?

in #steem7 years ago

Yes !!

Currently i am earning approx Rs. 65,000 per month using bitcoins. I came to know about these crypto currency 1 year ago. At that time 1 bitcoin will be equals to $2800 and now it becomes almost $6000 in just one year.

Bitcoin is the most profitable currency present till date.

What is bitcoin ?

Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

How it is different from normal currencies ?

Bitcoin can be used to buy things electronically. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally.

However, bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. No single institution controls the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money.

Who invented this ?

A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees.

Who will handle it & print it ?

No one. This currency isn’t physically printed in the shadows by a central bank, unaccountable to the population, and making its own rules. Those banks can simply produce more money to cover the national debt, thus devaluing their currency.

Instead, bitcoin is created digitally, by a community of people that anyone can join. Bitcoins are ‘mined’, using computing power in a distributed network.

This network also processes transactions made with the virtual currency, effectively making bitcoin its own payment network.

Now coming to the most important question,

How to earn bitcoins ?

There are various methods of earning bitcoins. I personally use to earn these bitcoins using a free bitcoin mining & faucet site. This site gives me free satoshi every hour. You have to collect 30,000 satoshi to start earning money.

Simply,

Register on freebitcoin using valid email.
Verify your email.
Visit site every hour and click on roll button to start earning free satoshis.
Collect 30,000 satoshi
Thanks

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