Financial experts and large investors remain divided over the future of Bitcoin, the worlds largest crypto-currency. Currently, Bitcoin prices hover around US $9400 each.

Crypto-currency aficionados expect it would cross the US$ 30,000 mark by December 2018 while critics claim Bitcoin is a bubble whose burst is imminent.

Regardless of which school of thought you subscribe, Bitcoin indeed presents great potentials to anyone who wishes to get rich quickly. A time-tested andproven way to get richwith Bitcoin is by speculation.

Meaning, youbuy Bitcoin when prices are lowand sell when they soar. However, high cost of investing in Bitcoin- around US $9400- makes it beyond reach of most ordinary people. Despite, there are ways and means to earn free Bitcoin, provided you have basic skills, equipment and the time.

Do you believe in free money?Free money existand so free Bitcoin. But getting free Bitcoin is difficult unless someone gifts or bequests them. However, there are proven ways and means of getting Bitcoin sans exerting extra efforts.

You will have to do some work to earn Bitcoin. Such tasks can be anything as simple as making some discreet arrangements for a client, proxy buying or completing online tasks.

However, you need to earn the free Bitcoin anyways.

However, getting Bitcoin for whatever tasks completed, you can become rich fairly quick, since prices of this cryptocurrency seem to be soaring at the moment. Nobody can predict how long this boom will endure.

Yet, now is the perfect time to get some Bitcoin and cash in on their current high price.

Before you embark on earning free Bitcoin, it is essential to know this largest crypto-currency of the world.

Bitcoin is a crypto-currency. Means, it does not  have any physical existence like paper money. Bitcoin lives on the Internet only.

Bitcoin is not regulated by any government, bank or monetary authority. It is an independent currency.

Fiat currencies- or regular paper and metal money- have collaterals kept in form of derivatives, gold and other precious commodities. Means, for every US $100, the Federal Reserve will keep a fixed amount of derivatives as collateral. This lends value to the currency. Countries like India keep gold as collaterals for the Indian Rupee.

Unlike conventional currency, you cannot keep Bitcoin in purses, wallets or safes. Instead, they have to be maintained in software, online or hardware wallets.

Buying, selling or trading in Bitcoin offers near total secrecy. This means, no individual or organization or government can trace who holds Bitcoin.

You can transact Bitcoin anywhere in the world, provided you have a smart-phone or computer connected to the Internet.

Buying and selling products and services with Bitcoin is now possible. A large number of e-stores, casinos and other goods and service providers accept Bitcoin payments.

While banks or governments can deny access to your bank accounts, no such restrictions are possible with Bitcoin. This means, you have full access to your money kept in Bitcoin.

Bitcoin is the only currency in the world that can be divided up to eight decimals. That means, 100,000,000 smaller units called Satoshi. Hence, you need not buy or spend a full Bitcoin. Like conventional currencies, you also get change for Bitcoin.

Lost Bitcoin cannot be recovered. As mentioned earlier, Bitcoin lives and thrives online only. It can be stored in electronic wallets either online, software wallets installed on computer or smart-phone and hardware wallets that can be bought online. These are protected by complex passwords and access codes. Should you lose these access codes and passwords- you lose all your Bitcoin too. The same holds true for hardware wallets.

Due to suspected use of this untraceable crypto-currency by terror networks,cybercriminals, drug cartels and human traffickers, among others, Bitcoin has come under scanner of International Police Organization (Interpol), European Union Police (Europol), Federal Bureau of Investigation and other law enforcement and internal security agencies worldwide.

All transactions with Bitcoin are done over the Internet, through blockchain. Bitcoin official website describes blockchain as: A shared public ledger on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain. This way, Bitcoin wallets can calculate their spendable balance and new transactions can be verified to be spending Bitcoin that are actually owned by the spender. The integrity and the chronological order of the block chain are enforced withcryptography.

Now that you have some knowledge about Bitcoin and its workings, we explore what you require to get this very precious crypto-currency free.

A high powered computer, preferably with excellent graphic cards.

Extremely reliable and fast Internet connection.

Preferably, a basic training course on trading in Bitcoin.

Excellent analytical and mathematical skills.

Bank account with net-banking orcredit/ debit cards.

Should you have these skills and equipment, here are different proven ways and means to get Bitcoin for free.

Here are some of the best ways to get free Bitcoin.

The surest way to earn Bitcoin free by becoming a miner. Bitcoin miners are a worldwide community that maintains ledger and tracks each transaction. Generally, Bitcoin miners work in pools or groups.

This way, more people can pay attention to the blockchain and create blocks or records of transactions for onwards flow between the payer and payee. There are some factors you need to know before for free Bitcoin mining.

: You need a great has rate, or incredibly high computer speeds to solve mathematical calculations that run through the Bitcoin blockchain.

: Every time a mathematical calculation is solved and made into a block, the blockchain automatically generates extra Bitcoin. These free Bitcoin are divided among all miners. Currently, the rate is 12.5 Bitcoin per block.

: You will need to join a mining pool to earn free Bitcoin. The pool charges a fee, which is deducted at a pre-agreed rate from free Bitcoin you earn.

: Computers used by Bitcoin miners are very high powered. They need to work round the clock. Hence, your electricity consumption can rise exponentially.

: You need sufficient training for understanding the blockchain, identifying and making blocks to earn free Bitcoin. These courses are easily available for reasonable fees nowadays.

Bitcoin transactions largely remain secret. This means, no authority can detect them, which allows people to evade taxes or stash away large amounts of money secretly for any purpose.

However, total privacy in Bitcoin transactions is a myth of sorts. While buying or selling Bitcoin you need to pay cash. This is done by net-banking, credit and debit cards. Records of such transactions are maintained by a bank or financial institution, though they may not directly refer to the Bitcoin.

Hence, several people want to eliminate this possibility of theirinvestmentin Bitcoin being traced. This gives you a great opportunity to earn free Bitcoin. All you need to do is buy Bitcoin as proxy for the real investor and transfer them later to her or his wallet.

Buy Bitcoin for the investor using your bank account, credit or debit card. Receive Bitcoin in your software, online or hardware wallet. Transfer them to the investor. You charge Bitcoin for the service.

Arranging female or male escort services, secret getaways for people with discreet relationships and doing other odd jobs that require a very high level of privacy is one sure way to Earn Bitcoin Free.

A huge demand for discreet service providers exists around the world. However, you need to ensure that service provided are not in conflict with any rules and laws of the country where you are providing them.

Online website or Facebook page that states you can offer discreet services.

Display QR Code of your Bitcoin wallet to receive payments.

Have a wide network of contacts in your country or abroad that can provide the requested service ensuring total privacy for your client.

For those working as cabbies, chauffeurs for limousine services, crew at exclusive hotels and resorts and motley other personnel in service industry can accept Bitcoin or Satoshi as tips. At least one website, you to print receipts for tips to get paid in Bitcoin. To receive Bitcoin or Satoshi in tips, you will require.

Printed receipts with QR code or Barcode that customers can scan on their Bitcoin wallet to transfer money into your crypto-currency wallet.

These receipts should be linked with your Bitcoin wallet. Preferably, use a smart-phone based Bitcoin wallet to receive tips.

A handful of websites pay you in1 free Bitcoinfor watching and reviewing their videos and advertisements. This is perhaps the simplest way of earning free Bitcoins. You can register at any or all of these websites and begin earning Bitcoin.

Bitfortip: (Bitcoins for answering questions in forums and providing vital tips). Before registering, check payout rules, member reviews and legitimacy of these websites.

Bitcoin faucets can be defined as apps or websites that pay you in Satoshi, the unit of Bitcoin, for various tasks completed online. These generally include filling captcha codes or referring a friend or relative or similar small tasks.

In recent years, there have been lots of scams involving Bitcoin faucets. Before you register to earn free Bitcoin, it is advisable to check credentials of the faucet.

Provided your bank permits, you can request payment of interests and dividends received on stocks held in Bitcoin. However, such payments in Bitcoin will be governed by various existing rules and regulations in your country.

Receiving interest and dividends in Bitcoin has one inherent advantage: It allows you to build a Bitcoin portfolio gradually, without the need to invest large amounts of money.

This means, you buy goods in one country paying fiat currency or real cash and sell in another in exchange of Bitcoin. Since you are accepting cryptocurrency payment, the sale price can be pegged a bit higher.

This way, you get more profits and save in Bitcoin too. There are a few websites that allow you to buy vouchers for such trade.

Indubitably, Bitcoin appears attractive nowadays due to the high price it commands. However, it is also worthwhile to remember, the cryptocurrency is center of huge debates over various issues ranging from legality to its use in crime.

As mentioned earlier, Bitcoin trade is not fully anonymous. Transactions involving Bitcoin can be traced, albeit difficult. Also, ensure that holding Bitcoin is legal in your country to avoid getting into any trouble with the law.

Also, there are no guarantees anyone can offer about sustainability of Bitcoin. The crypto-currency, like its other counterparts, is completely decentralized and hence, does not have any regulators to check its surge, fall or closure.

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Hi, I am Pritam Nagrale. I have been successfully making money online since 2004. I have tried almost all the make money ideas and work from home jobs exist on internet. I know what works and what does not! What I write on my blog is my practical experience. You can find all the legit information on MoneyConnexion that will help you to make money on the side.

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This is very helpful field for increase our finiacal support

Are bitcoins all over the world even ible n Africa Uganda?

Isnt there any way of transfering those Bitcoins into Uganda shillings to have physical currency.

is it possible then it will be really great . thank you for sharing your knowledge.

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