Bitcoin Blog a1

Monday, November 18, 2019

The State of Facuets

Recently, one of my favorite faucets, https://freedoge.co.in/ shut down.

The site gives the following explanation:

As of today, the Free Dogecoin Giveaway on FreeDoge.co.in is shutting down.
We've always viewed this giveaway as a means of giving back to the community, however, we're compelled to discontinue the service due to large-scale account abuse on the part of some errant users. We know it's unfair to the rest who have been amazing members of this community, but unfortunately, we have to take this step. We do not have the resources to fight back against this abuse since most of our time is spent on managing FreeBitco.in.
Also, we will eventually shut down the Multiply Doge section as well. Nevertheless, for now, paid and deposit plays won't be affected and will keep running as usual. Thank you for participating and making the Free Dogecoin Giveaway the success that it was, and we hope we can keep making this remarkable community bigger and better.
P.S.: The bitcoin faucet on our sister site FreeBitco.in is still going strong, and we're giving away up to $200 in Free BTC every hour. We'll be adding an option which would allow you to link your FreeDoge.co.in to your FreeBitco.in account, redirecting referral traffic accordingly. You can head over to FreeBitco.in to sign up and enjoy these benefits.

This is really a shame, as this was one of my favorite faucets. Additionally though, I think it makes me more nervous about the sister site, https://freebitco.in which I still use, and get some interest from.

And while I also have newer faucets at BTCPOP and TradeSatoshi, the earnings just haven’t been as good as they have been back in the day. My early use of faucets when bitcoin was less than $1k really paid off. Sure, I was only getting pennies at the time, but once bitcoin exploded, it actually became worth something. I think faucets right now are kind of a waste of time, At the same time though, if bitcoin does really take off again, faucet activity might be worth it.

If you do think bitcoin will explode again, check out the faucets I mentioned above. Or my faucets tab.

Wednesday, October 16, 2019

Blog status update

A few months ago, I announced that BTC plus was going to have less content in the near future. I think this point was discounted due to the fact that a decent amount of content was in fact made for the blog in the following months. Well, the time has finally come that the content well has run dry. I don't have any new plans for the blog right now and I am all out of content. If you do have content you would like to have covered, comment below and I may still be able to help.

Also, I still have the audio content that is somewhat recent. Why not give both a listen. If more people comment and engage, I may create more in the future.

Wednesday, June 26, 2019

Libra Infographic

Everyone is talking about Libra. Well instead of write about it, how about you look at this gorgeous infographic created by MrBtc.org. I hope you enjoy!
Libra - Cryptocurrency By Facebook

Saturday, June 1, 2019

Buying Lodging with Crypto

With bitcoin’s price fluctuating so much lately, there has been more cryptocurrency news than normal, which in many ways is a great thing. As Crypto becomes more and more mainstream, more and more vendors start accepting it.

In the earlier days of bitcoin, it could be really hard to spend. Not many sites accepted it and it really was difficult to use as a currency. Well, bitcoin isn’t limited to a single pizza website with mediocre customer service or a few online retailers. Now there are many things you can buy with bitcoin. For example, now you can buy a burger with bitcoin. Or even more exciting, you can buy lodging. That’s right, a place to stay! The site is called Numundo, and you can book lodging and experiences across the world using 6 different cryptocurrencies: including Bitcoin, Ethereum, Dash, Dogecoin, Litecoin, and Monero. Also, some of the experiences don't even cost money. They even have searchable work-trades worldwide. It is all a very interesting platform. Check it out here!

Wednesday, May 22, 2019

Should I invest in Bitcoin?

As some of you might know, I started a podcast! Well in this episode I talk about bitcoin. Check it out!

Tuesday, May 14, 2019

"WARNING: The Truth About Bitcoin"

There is so much hype about Bitcoin right now, even non-crypto people are talking about it. Well, here are some interesting thoughts, enjoy!

Saturday, May 11, 2019

Bitcoin Gold

I finally decided to deal with some of my  Bitcoin Gold (BTG).
On a few of my exchanges/faucets I have been given some BTG due to the fork in late 2017. It is actually a bit complex. Here is a excerpt

When was Bitcoin Gold created?
Bitcoin Gold forked the Bitcoin blockchain as scheduled after block 491406 (2017-10-24 01:17:35 UTC).
The new Bitcoin Gold blockchain began actively growing at block 491407 (2017-11-12 at 13:34:01 UTC), about two weeks later.
During those two weeks, the community developed and tested the necessary changes to prevent accidental or malicious complications between Bitcoin and Bitcoin Gold (unique addressing and replay protection), as well as the changes necessary for Bitcoin Gold to run on a completely different network of miners (a change of algorithm to restrict ASIC mining and enable GPU mining).
Technically, Bitcoin Gold was created on 2017-10-24 but not usable until 2017-11-12.

Here is the website. But some of the advantages of it is it is Asic proof, “Replay protection”. Replay protection just helps ensure that transactions are sent on the correct blockchain. For example if you wanted to send classic bitcoin, replay protection ensures you don’t also send BTG in that same transaction. (more on it here). Overall, BTG doesn’t see that unique, lots of other coins are asic proof. The only reason it is noteworthy enough for me to write about is because I have some! I will also have to do a post of getting BCH from a software wallet, and possibly one on BTG.

And to do that, I need a new exchange, check them out here

If you are a fan of Cryptocurrency, you may also be libertarian leaning like me. If that is the case, you may be interested in apparel from The Mad Statist, check out this awesome “MAKE TAXATION THEFT AGAIN” shirt out here!