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Thursday, 13 November 2014

Bit Coin Is Starting to Change Everything

If you are active on the internet doing promotion and marketing or doing other monetary endeavors, then you probably have seen the term Bitcoin or crypto-currency. Just what the heck is that you say? Well, if you don't know, it is a new form of digital currency sweeping the web. There are also other digital currencies available like LiteCoin but BitCoin is the most popular.

As more and more businesses and sites on the web accept BitCoin it gains in popularity and in value. Just early this year BitCoin was valued at around $30/US and by Nov/13 it had reached over $1200/US. This intense interest is being driven by people all over the world as BitCoin knows no nationality, is not controlled by any bank or any one government.

One of the interesting things about crypto-currency is the ease in which you can make a payment or get one. Just open a digital currency wallet like Coinbase or Blockchain and use the address given to you and you can transfer Dig currency. You don't need your name, SS#, address or any other identifying information, just your wallet address.

So, how do you get BitCoin, and what do you do with it once you have it? Well, there are hundreds if not thousands of sites where you can click for BitCoin just as you would click on a P-T-C site. Watch videos, look at ads etc., and you can build up a wallet with BitCoin. Just enter your address and away you go. Many sites now accept BitCoin like e-Bay and others and there are now ATM's that that deal with BitCoin as well as a debit card that is now available in BitCoin.

So, all of this is great but what if you really want to get a lot of BitCoin so as to get into trading on an exchange like BTC-e for instance. You will need to go to a site like Coinbase where they buy and sell Crypto-currencies and load your wallet from there.

But there is even a more intriguing way to make BitCoin and it involves joining a free site called BitBillions. This is sponsored by a global IT company that deals only in BitCoin. Its business is ongoing with contracts for crypto-currency development among other things and has started this website that also only deals in BitCoin. Founder positions were offered and have all been taken but there are several thousand Co-Founder positions available but are going fast! When this site gets going when all Co-Founders are sold, people will be making a lot of coin... literally.

If you would like to find out more about this site and it's parent company then please check this site link. I think you will be fascinated by what they are doing and how they are doing it.

Related post: Will Bitcoins Ever Be Good Investments?

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