Saturday, December 12, 2015
Earn Bitcoins from gambling - not suitable for everyone
To be honest, I'm not a big friend of gambling. But it is a way to earn Bitcoins so in order to make this list complete it needs to be mentioned here. However, I won't list any links to gambling sites here. It's fairly easy to research them if you are interested. And if you clicked on some of the above links you probably already came across some Bitcoin gambling sites.
Earn Bitcoins as a regular income
Getting your monthly paycheck in Bitcoins is probably the steadiest way to earn Bitcoins. There aren't many organizations who would pay you in Bitcoins but there are some at least. And maybe there will be more as acceptance increases continuously. Gavin Andresen, core Bitcoin developer of the Bitcoin Foundation stated in this interview that he gets paid in Bitcoins. And chances are, that when your employer accepts Bitcoins they might be willing to pay you in Bitcoin, too.
Apart from being employed by a company or a non-profit you can be self-employed and get paid in Bitcoins. Being a freelancer has multiple advantages. You can for example earn Bitcoins conveniently from home by participating in this bitcoin affiliate program.
You can also work from home for others. Here is a list of sites where you can search job offers or where you can post an offer yourself. It's a very convenient way to earn Bitcoins, because many jobs can be completed from home.
WorkForBitcoin is a site where you can do both, post job listings and search available listings. Many of the listed open jobs are related to programming. But there are also other fields and it's worth checking if there is something you are interested in doing.
Bitcointalk Forum Services Section is another starting point to look for job listings that are paid in Bitcoins. Some of the jobs are done easily within a short amount of time so it's a good way to earn Bitcoins quickly.
Jobs 4 Bitcoins on reddit has a focus on job listings for programmers. But again, it's not purely programming and it's definitely worthwile to browse through the different offers.
BitGigs is an online job board with many diverse job offers. The variety is reall amazing so go check it out.
Coinality has a different approach by not simply listing jobs where you can earn Bitcoins, but displaying them on a map. This comes in handy when you are interested in a local job somewhere near you. The number of listings could be higher but when it keeps growing it will become more interesting.
XBTFreelancer is another job board for gigs that are paid in Bitcoin. These jobs are mostly also software related. If you have programming or other IT related skills it is therefore probaly easiest for you to earn Bitcoins with your experise.
Then of course, you can start your own Bitcoin related business and earn Bitcoins this way. Either as a fully fletched business of goods or services or you could run a website and place ads from CoinURL. If you want to start or already have a brick and mortar shop check out the earn Bitcoins downloads. The flyer shows you, how easy it is to integrate Bitcoins payments in your shop.
Apart from being employed by a company or a non-profit you can be self-employed and get paid in Bitcoins. Being a freelancer has multiple advantages. You can for example earn Bitcoins conveniently from home by participating in this bitcoin affiliate program.
You can also work from home for others. Here is a list of sites where you can search job offers or where you can post an offer yourself. It's a very convenient way to earn Bitcoins, because many jobs can be completed from home.
WorkForBitcoin is a site where you can do both, post job listings and search available listings. Many of the listed open jobs are related to programming. But there are also other fields and it's worth checking if there is something you are interested in doing.
Bitcointalk Forum Services Section is another starting point to look for job listings that are paid in Bitcoins. Some of the jobs are done easily within a short amount of time so it's a good way to earn Bitcoins quickly.
Jobs 4 Bitcoins on reddit has a focus on job listings for programmers. But again, it's not purely programming and it's definitely worthwile to browse through the different offers.
BitGigs is an online job board with many diverse job offers. The variety is reall amazing so go check it out.
Coinality has a different approach by not simply listing jobs where you can earn Bitcoins, but displaying them on a map. This comes in handy when you are interested in a local job somewhere near you. The number of listings could be higher but when it keeps growing it will become more interesting.
XBTFreelancer is another job board for gigs that are paid in Bitcoin. These jobs are mostly also software related. If you have programming or other IT related skills it is therefore probaly easiest for you to earn Bitcoins with your experise.
Then of course, you can start your own Bitcoin related business and earn Bitcoins this way. Either as a fully fletched business of goods or services or you could run a website and place ads from CoinURL. If you want to start or already have a brick and mortar shop check out the earn Bitcoins downloads. The flyer shows you, how easy it is to integrate Bitcoins payments in your shop.
Earn Bitcoins through trading
Some people would say that trading is a form of gambling. While there these two things have something in common, there are also fundamental differences. When you gamble (and assuming that it's a fair game) you have a certain probability of winning and losing. When you trade assets, this gets much more complex. I don't want to go into too much detail here. I just want to outline the concept how you can earn Bitcoins with trading.
The safest way to make money with trading is through arbitrage. In short, this means that you see an opportunity to buy an asset in one place for a certain price and sell it immediately at another place for a higher price. It is important that you know you can sell the asset immediately at a certain price. If this does not hold, then we are talking of speculation - or gambling if you prefer.
The Bitcoin world, in my opinion offers such arbitrage opportunities. But they are not as simple to execute as it might seem at first sight. Price differences between exchanges often come for certain reasons. The speed of fiat money transfers and access restrictions are just the most striking ones. You have to find out the concrete opportunities yourself. One place to start is this thread on Bitcoin StackExchange. Also, not every opportunity is available to everyone. Go and have a look at the price differences between exchanges and check out if you can find opportunities.
If you want to give arbitrage a try, you need to get Bitcoins almost instantly. One of the few sites where you don't need to sign up is bit4coin. If you spot an opportunity and want to act on it immediately, this is a way to get a hold of Bitcoins fast. If you manage to earn Bitcoins from arbitrage, this can be very profitable after all. But start cautiously as it really does require some experience.
The other way to earn Bitcoins from trading is simple speculation. In this case you would buy Bitcoins, wait until the price increases, then sell for a fiat currency. When the price drops again, you buy more Bitcoins and start all over. For this to work out you either need to be very lucky or capable of predicting the future.
There are people who are good traders and who can recognize patterns from price charts. But that's something very specialized and I'm not sure if I believe in this. So for me, if you want to earn Bitcoins from this form of trading it could also be categorized as gambling. And actually it's even more risky if you compare it to a fair game where you know your odds. When you speculate with assets, you can extract your odds from historical prices. But never start believing this would tell you something about the future reliably.
The safest way to make money with trading is through arbitrage. In short, this means that you see an opportunity to buy an asset in one place for a certain price and sell it immediately at another place for a higher price. It is important that you know you can sell the asset immediately at a certain price. If this does not hold, then we are talking of speculation - or gambling if you prefer.
The Bitcoin world, in my opinion offers such arbitrage opportunities. But they are not as simple to execute as it might seem at first sight. Price differences between exchanges often come for certain reasons. The speed of fiat money transfers and access restrictions are just the most striking ones. You have to find out the concrete opportunities yourself. One place to start is this thread on Bitcoin StackExchange. Also, not every opportunity is available to everyone. Go and have a look at the price differences between exchanges and check out if you can find opportunities.
If you want to give arbitrage a try, you need to get Bitcoins almost instantly. One of the few sites where you don't need to sign up is bit4coin. If you spot an opportunity and want to act on it immediately, this is a way to get a hold of Bitcoins fast. If you manage to earn Bitcoins from arbitrage, this can be very profitable after all. But start cautiously as it really does require some experience.
The other way to earn Bitcoins from trading is simple speculation. In this case you would buy Bitcoins, wait until the price increases, then sell for a fiat currency. When the price drops again, you buy more Bitcoins and start all over. For this to work out you either need to be very lucky or capable of predicting the future.
There are people who are good traders and who can recognize patterns from price charts. But that's something very specialized and I'm not sure if I believe in this. So for me, if you want to earn Bitcoins from this form of trading it could also be categorized as gambling. And actually it's even more risky if you compare it to a fair game where you know your odds. When you speculate with assets, you can extract your odds from historical prices. But never start believing this would tell you something about the future reliably.
Earn Bitcoins by getting tipped
When you earn Bitcoins through tips, it is much like accepting Bitcoin as a means of payment. You need a wallet, a QR-code with your Bitcoin address on it and the people who can potentially give you a tip need to be aware of it. There are various places where you can receive Bitcoin tips.
Again, your shop is the first thing to start with in case you have one. It's just a bit simpler because since tips are voluntary you don't really need to check the incoming payment and the exact amount. Simply display the QR-code and check each day what came in.
With tips, the nice thing is that you don't necessarily need to have a shop. A blog for instance or any other website is sufficient. You can display the QR-code or just your Bitcoin address at the bottom of your page or wherever it seems convenient and let people decide how much they want to tip you. You can also view how this looks like in the footer of this German blog bitcoins21.
Another really cool way to get tipped online is ChangeTip. This service allows you to integrate tips on all major social networks, YouTube and GitHub. Very nice!
Imagine you have a restaurant and want to encourage your customers to tip with Bitcoins, there is this nice service: bctip is a website where you can print little paper vouchers that have a certain Bitcoin balance on them. When your customer has one of these, he or she can simply give it to you or your employees and you can redeem it like a coupon.
Again, your shop is the first thing to start with in case you have one. It's just a bit simpler because since tips are voluntary you don't really need to check the incoming payment and the exact amount. Simply display the QR-code and check each day what came in.
With tips, the nice thing is that you don't necessarily need to have a shop. A blog for instance or any other website is sufficient. You can display the QR-code or just your Bitcoin address at the bottom of your page or wherever it seems convenient and let people decide how much they want to tip you. You can also view how this looks like in the footer of this German blog bitcoins21.
Another really cool way to get tipped online is ChangeTip. This service allows you to integrate tips on all major social networks, YouTube and GitHub. Very nice!
Imagine you have a restaurant and want to encourage your customers to tip with Bitcoins, there is this nice service: bctip is a website where you can print little paper vouchers that have a certain Bitcoin balance on them. When your customer has one of these, he or she can simply give it to you or your employees and you can redeem it like a coupon.
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