Is there a simple way of earning Bitcoins?(self.Bitcoin)submitted by Hi reddit.After reading the introduction on this subreddit, I have just created my first Bitcoin wallet.What are some effective ways of earning Bitcoins?21.co is a software that gives you the opportunity to earn Bitcoins through surveys and answering messages(although I am not really sure how this works).Are there any similar services?Preferably a service that doesn't require linking your facebook or linkedin accounts, since I am not using any Social Media websites.π Rendered by PID 13971 on app-399 at 2017-06-24 11:40:31.315785+00:00 running 3522178 country code: SG.The controversy surrounding the level of moderation in the has been a huge topic of conversation in the Bitcoin community ever since the release of , which is software — originally maintained by — intended to the Bitcoin blockchain for the purpose of increasing the size limit.Some have claimed the comments and posts removed from /r/Bitcoin amount to censorship, while others claim the moderators of that subreddit are free to curate the content as they see fit.Another subreddit, , was popularized by Bitcoin angel investor and others in the aftermath of the controversy surrounding /r/Bitcoin’s handling of Bitcoin XT.

Some prefer this secondary subreddit, while others prefer the curated style of /r/Bitcoin.bitcoin mining dell serverCEO recently with CEO at the company’s San Francisco headquarters.bitcoin kraken exchangeThe two executives discussed /r/Bitcoin, a possible subreddit moderator removal process, and Reddit’s potential use of Bitcoin.Armstrong’s issues with /r/Bitcoin are well documented.bitcoin forks listIn late 2015, from Armstrong about Coinbase testing Bitcoin XT was removed from /r/Bitcoin.bitcoin charts ltcThis move from the /r/Bitcoin moderators was in line with this policy:“Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted.”A month earlier, Armstrong had that he unsubscribed from /r/Bitcoin and subscribed to /r/btc on Twitter.“We’ve emailed about this once or twice, but there’s a lot of censorship happening [on /r/Bitcoin],” said Armstrong during his fireside chat with Huffman.Armstrong then briefly mentioned the lead moderator of /r/Bitcoin, “His username is Theymos — if you want to ban him.”After sharing his issues with /r/Bitcoin, Armstrong asked Huffman if there have ever been discussions within Reddit regarding the replacement of moderators in certain situations.bitcoin jobs dublin

“There are a lot of product decisions that we made over the years that — we didn’t consider at the time the long term implications of them,” said Huffman.ethereum next difficulty“The moderator hierarchy situation . . . is one of them.”Huffman then noted that Reddit often sees moderators of some subreddits behaving in a way that goes against the company’s own inclination to let things play out and generally be open.bitcoin worth 75 million“We’ve seen that with the Bitcoin community,” he added.bitcoin startup valuation“I don’t disagree with you at all.silver bitcoin ebayRight now, our opinion is that we try to stay hands-off unless they’re breaking other, site-wide rules.

That said, we have put a lot of thought into these issues.What is the best way to appoint new moderators [and] and remove old ones in a way that the communities can do themselves?”Huffman discussed other issues with the way Reddit is structured too.He noted that subreddits have value in a way not dissimilar from domain names, but they’re also free to claim.Huffman also wants to find way to make it easier for new communities to grow and allow existing communities to revolt.In terms of the company’s governance structure, Huffman noted that Reddit acts like the federal government, while each subreddit acts as a state.In addition to the discussions regarding /r/Bitcoin and subreddit moderators, Huffman also talked about Reddit’s possible future integration of Bitcoin or some other cryptocurrency.Reddit was giving away shares of the company to their users via a crypto-asset in late 2014, but Huffman revealed that there isn’t a way to do this in a practical, legal way.Having said that, Huffman still wants to figure out a way to reward their users with real, monetary value.

“Cryptocurrencies are a nice way to do that because you remove some of the geographical issues,” he added.Former Reddit Cryptocurrency Engineer is currently working on a decentralized social media platform, , which integrates bitcoin payments at the base layer.Argentinian social media platform has also integrated bitcoin payments for content creators via .1 more legit automatinc bitcoin mining pool.I always send legit sites because I want to earn only earn.. no time waisting.Bitcoin survey shows 71% support SegWit and UASF popularity growing (ibtimes.co.uk)submitted by π Rendered by PID 13658 on app-521 at 2017-06-24 11:40:42.042234+00:00 running 3522178 country code: SG.In the digital currency world, people love to talk about the “killer app,” a use for the technology that would bring it truly mainstream and compel the people who are dubious about Bitcoin to buy in.Many are still waiting for it, and say bitcoin needs it to succeed in the long run.Ned Scott believes he’s got it.Scott is the cofounder and CEO of Steemit, a social network that runs on a new cryptocurrency called steem.

Scott, a former analyst at food-industry private equity firm Gellert Group, and Dan Larimer, founder of BitShares, launched the network and the currency in April.Since that time, its market cap has ballooned from $2,000 to $300 million.The platform is very young, and has its problems, but it shows impressive potential.Steemit works like Reddit, which Scott cites as an overt influence but says he hasn’t used.Steemit users publish a blog post—it could be any length, any topic at all—and other users can “upvote” it.The twist: Every upvote represents a small amount of steem power.Think of steem power as a representation of influence, because the more you have, the more power your upvote has to move someone else’s post up when you upvote it.Steem power can be converted to steem dollars, which at the moment trade for about $3.25 USD each.That’s tiny, sure, but more steem is created from more activity on Steemit, and the $300 million market cap of steem is enough to rank it No.3 among all cryptocurrencies, according to CoinMarketCap, behind only bitcoin and ether, the currency of the Ethereum network.“It’s internet points, like you have on Reddit, but now those points have real market value,” says Scott.

“People are earning money for doing the things they were doing for free before.People spend all this time creating free content for social media companies, and now they can be rewarded.”That sounds pretty good.And indeed, multiple Steemit users say they have cashed out more than $10,000 from posting on Steemit.The site pays you 24 hours after a post; 75% of the steem power goes to the writer, 25% to the curators—that is, those who upvoted the post, in different amounts according to their influence.Steemit made its first cumulative payout on July 4, amounting to $1.3 million USD.Steemit says it has seen more than 700 new signups every day for the past week.Heidi Chakos, a travel blogger, says she paid off her credit card bill this month entirely with money she made on Steemit.The Indiana resident is currently traveling around the world in two-week spurts, and she posts about her adventures; one recent post about Tahiti earned 660 upvotes, or $8,930 in steem power.Chakos previously used a Squarespace blog for her posts, but now posts solely on Steemit.

“For others, it all might seem farfetched at first,” she says, “but in my experience, once you explain ceryptocurrency to people, they get exited about it.I think Steemit is going to blow Facebook out of the water.”At this point, that’s likely a stretch.But as a test, I posted on Steemit.It was nothing special: I wrote that I’m a Yahoo Finance writer and I was exploring Steemit to write a news story about it.My post quickly amassed 61 votes, which translates to $75.04 in steem power.The system cashed that out to me in half steem power, half steem, so I have 37.5 steem dollars in my wallet, which translates to $120.Not bad.If all of that sounds rather complicated, Scott insists that users don’t need to worry about how the system works to use it and make money.It is an argument many have made about the bitcoin blockchain, comparing it to the HTTP technology that powers web pages, or the SMTP protocol that makes e-mail work.“You don’t need a high level of understanding to sign up,” he says.

“Digital currency is moving into a stage similar to the automobile: it gets you from point A to point B. People post, they get money, and their lives are better.They don’t need to know the way it works or worry too much about the specifics in order to post, enjoy it, and get rewarded.”The problem is that withdrawing money isn’t such an easy process to learn for a bitcoin layperson: First you must convert your steem dollars to bitcoin, then, if you want fiat currency, convert your bitcoin to US dollars.Chakos says that wasn’t so hard.She used the exchange web site Bittrex to convert steem dollars to bitcoin, then sent that bitcoin from Bittrex to her Coinbase account, then transferred bitcoin from Coinbase to US dollars in her bank account.“It took like 30 minutes,” she says.In addition to the learning curve, Steem suffered a distributed denial-of-service (DDoS) attack earlier this month, resulting in the theft of $85,000 worth of steem.It was, on a much smaller scale, not unlike a hack of the DAO network last month, which runs on the Ethereum blockchain; that theft amounted to $50 million worth of the cryptocurrency ether.

Along with security concerns are the usual fears about Ponzi schemes or pump-and-dumps that come with cryptocurrency engines.Steemit has high hopes it will become so ubiquitous it can serve as the de facto content-creation system, even on other platforms as a plug-in, through a steem widget for WordPress (coming soon) and other blogs.“And then bloggers don’t have to change their habits or leave their blog,” he says.The ambition matches what another bitcoin reward company, ChangeTip, wants to do; it calls itself a “love button for the Internet.” The social tool lets you send someone a tip, in bitcoin, for a blog post you enjoyed.But Scott says, “Tipping comes with friction” such as how much to tip, and when it’s appropriate for the writer to accept.Steem, he argues, makes more sense for the internet because, “It’s more like someone’s influence.And the more someone has, the more they can promote their own posts up the blockchain, and the more they can promote other people.