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FoundHealth FoundWealth Lifestyle for Health, Fitness and Wellness. “being in good health” as one of the major concerns.Health goal is to increase the number of healthy People❤️
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Lifestyle for Health, Fitness and Wellness.
“being in good health” as one of the major concerns.Health goal is to increase the number of healthy People❤️

Latest Updates

What is Bitcoin?
Bitcoin is a payment system introduced as open-source software in 2009 by developer Satoshi Nakamoto. The payments in the system are recorded in a public ledger using its own unit of account, which is also called bitcoin. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call bitcoin a decentralized virtual currency. Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.

Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. Called mining, individuals or companies engage in this activity in exchange for transaction fees and newly created bitcoins. Besides mining, bitcoins can be obtained in exchange for fiat money, products, and services. Users can send and receive bitcoins electronically for an optional transaction fee using wallet software on a personal computer, mobile device, or a web application.

Bitcoin as a form of payment for products and services has seen growth, and merchants have an incentive to accept the digital currency because fees are lower than the 2-3% typically imposed by credit card processors. The European Banking Authority has warned that bitcoin lacks consumer protections. Unlike credit cards, any fees are paid by the purchaser not the vendor. Bitcoins can be stolen and chargebacks are impossible. Commercial use of bitcoin is currently small compared to its use by speculators, which has fueled price volatility.

Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. In October 2013 the US FBI shut down the Silk Road online black market and seized 144, 000 bitcoins worth US$28.5 million at the time. The US is considered bitcoin-friendly compared to other governments. In China, buying bitcoins with yuan is subject to restrictions, and bitcoin exchanges are not allowed to hold bank accounts.

If you want to know more then check out the full Bitcoin Wikipedia article

How are my earnings paid?
We currently offer 2 different payment options...
1) WEEKLY PAYMENT TO YOUR BITCOIN WALLET
If you sign in to Free Bitcoin with a bitcoin wallet address then all your earnings will accumulate in your any free Bitcoin account and the total balance will be paid directly to your bitcoin wallet on Saturday/Sunday each week (providing the balance)
2) IMMEDIATE PAYMENT TO YOUR XAPO ONLINE WALLET
If you sign in to Any free Bitcoin with an email address then all your earnings are paid out immediately to the Xapo wallet linked to that email address.

What is Xapo?
Xapo provide a secure and convenient online bitcoin wallet. Here is some additional information about Xapo from their web site...
- Xapo combines the convenience of an everyday bitcoin wallet with the security of a deep cold storage vault.
- Xapo has been described by The Wall Street Journal as the Fort Knox of bitcoin storage, so if you’re looking to secure your bitcoins then look no further than the Xapo Vault.
- It's your money. You should be able to send it instantly and access it without fees. So whether you're transferring money to a friend down the street or to family halfway around the world, say hello to free and instant transactions.

Why can't I make a faucet claim?
You might be having problems making a faucet claim on Free Bitcoin for one of the following reasons...

Advert Blocking
Free Bitcoin depends on the revenue from displaying adverts. If we detect that you have blocked adverts or they aren't showing up in your web browser then we will prevent you from making a faucet claim.

Browser/Device incompatability
This faucet web site is designed to work on the broadest range of web browsers and devices possible. However it may be that your browser/device is not supported and you receive an error message when you try to claim. If so, please try a different browser or device to check that this is the problem before contacting us about it.

Do you have an affiliate/referral program?
Yes we do

Can I advertise?
Yes you can!

Here you will find answers to the most commonly-asked questions about Bitcoin.

The following information was adapted from
Click Here

General
What are bitcoins?
Bitcoins are the unit of currency of the Bitcoin system. The ISO standard code for this is "XBT" to refer to a price or amount (eg: "100 XBT") A bitcoin isn't actually a 'thing' you can point at. It is just a number
associated with a bitcoin address.
How can I get bitcoins?

There are three ways to get bitcoins:
Buy them on an exchange such as BTC-e or #bitcoin-otc on FreeNode.
Accept bitcoins as payment for goods or services.
Create a new 'block' (currently yields 25 bitcoins).
How are new bitcoins created?

New coins are generated by a network node each time it finds the solution to a certain mathematical problem (i.e. creates a new block), which is difficult to perform and can demonstrate a proof of work. The reward for solving a block is automatically adjusted so that in the first 4 years of the Bitcoin network, 10, 500, 000 XBT will be created. The amount is halved each 4 years, so it will be 5, 250, 000 over years 4-8, 2, 625, 000 over years 8-12 and so on. Thus the total number of coins will approach 21, 000, 000 XBT over time.

In addition, built into the network is a system that attempts to allocate new coins in blocks about every 10 minutes, on average, somewhere on the network. As the number of people who attempt to generate these new coins changes, the difficulty of creating new coins changes. This happens in a manner that is agreed upon by the network as a whole, based upon the time taken to generate the previous 2016 blocks. The difficultyis therefore related to the average computing resources devoted to generate these new coins over the time it took to create these previous blocks. The likelihood of somebody "discovering" one of these blocks is based on the computer they are using compared to all of the computers also generating blocks on the network.

What's the current total number of bitcoins in existence?

Current count

The number of blocks times the coin value of a block is the number of coins in existence. The coin value of a block is 50 XBT for each of the first 210, 000 blocks, 25 XBT for the next 210, 000 blocks, then 12.5 XBT, 6.25 XBT and so on.

How divisible are bitcoins?

Technically, a bitcoin can be divided down to 8 decimals using existing data structures, so 0.00000001 XBT is the smallest amount currently possible. Discussions about and ideas for ways to provide for even smaller quantities of bitcoins may be created in the future if the need for them ever arises.
How does the halving work when the number gets really small?

The reward will go from 0.00000001 XBT to 0. Then no more coins will likely be created.

The calculation is done as a right bitwise shift of a 64-bit signed integer, which means it is divided by 2 and rounded down. The integer is equal to the value in XBT * 100, 000, 000. This is how all Bitcoin balances/values are stored internally.

Keep in mind that using current rules this will take nearly 100 years before it becomes an issue and bitcoins may change considerably before that happens.
How long will it take to generate all the coins?

The last block that will generate coins will be block #6, 929, 999. This should be generated around year 2140. Then the total number of coins in circulation will remain static at 20, 999, 999.9769 XBT.

Even if the allowed precision is expanded from the current 8 decimals, the total XBT in circulation will always be slightly below 21 million (assuming everything else stays the same). For example, with 16 decimals of precision, the end total would be 20999999.999999999496 XBT.

If no more coins are going to be generated, will more blocks be created?

Absolutely! Even before the creation of coins ends, the use of transaction fees will likely make creating new blocks more valuable from the fees than the new coins being created. When coin generation ends, what will sustain the ability to use bitcoins will be these fees entirely. There will be blocks generated after block #6, 929, 999, assuming that people are still using bitcoins at that time.

But if no more coins are generated, what happens when bitcoins are lost? Won't that be a problem?

Not at all. Because of the law of supply and demand, when fewer bitcoins are available the ones that are left will be in higher demand, and therefore will have a higher value. So when bitcoins are lost, the remaining bitcoins will increase in value to compensate. As the value of bitcoins increase, the number of bitcoins required to purchase an item decreases. This is known as a deflationary economic model.

If every transaction is broadcast via the network, does Bitcoin scale?

Yes. With some modifications to the software, Bitcoin nodes could easily keep up with both Visa and Mastercard combined, using only fairly modest hardware (a couple of racks of machines using today's hardware). It's worth noting that the Mastercard network is structured somewhat like Bitcoin itself - as a peer-to-peer broadcast network..

Why do I have to wait 10 minutes before I can spend money I received?

The reason you have to wait 10 minutes is that's the average time taken to find a block. It can be significantly more or less time than that depending on luck, 10 minutes is simply the average case.

Blocks (shown as "confirmations" in the bitcoin client software) are how Bitcoin achieves consensus on who owns what. Once a block is found everyone agrees that you now own those coins, so you can spend them. Until then it's possible that some network nodes believe otherwise, if somebody is attempting to defraud the system by reversing a transaction. The more confirmations a transaction has, the less risk there is of a reversal. Only 6 blocks or 1 hour is enough to make reversal computationally impractical. This is dramatically better than credit cards which can see chargebacks occur up to three months after the original transaction!

Why ten minutes specifically? It is a tradeoff chosen by Satoshi between propagation time of new blocks in large networks and the amount of work wasted due to chain splits. If that made no sense to you, don't worry. Reading the technical papershould make things clearer.

Do you have to wait 10 minutes in order to buy or sell things with Bitcoin?

No, it's reasonable to sell things without waiting for a confirmation as long as the transaction is not of high value.

When people ask this question they are usually thinking about applications like supermarkets or snack machines. Zero confirmation transactions still show up in the bitcoin client software, but you cannot spend them. You can however reason about the risk involved in assuming you will be able to spend them in future. In general, selling things that are fairly cheap (like snacks, digital downloads etc) for zero confirmations will not pose a problem if you are running a well-connected node.

Why does my Bitcoin address keep changing?

Whenever the address listed in "Your address" receives a transaction, Bitcoin replaces it with a new address. This is meant to encourage you to use a new address for every transaction, which enhances anonymity. All of your old addresses are still usable: you can see them in Settings -> Your Receiving Addresses.

Economy

Where does the value of Bitcoin stem from? What backs up Bitcoin?

Bitcoins have value because they are accepted as payment by many. eg. Wordpress, Reddit, etc.

When we say that a currency is backed up by gold, we mean that there's a promise in place that you can exchange the currency for gold. In a sense, you could say that Bitcoin is "backed up" by the price tags of merchants - a price tag is a promise to exchange goods for a specified amount of currency.

It's a common misconception that bitcoins gain their value from the cost of electricity required to generate them. Cost doesn't equal value - hiring 1, 000 men to shovel a big hole in the ground may be costly, but not valuable. Also, even though scarcity is a critical requirement for a useful currency, it alone doesn't make anything valuable. For example, your fingerprints are scarce, but that doesn't mean they have any exchange value.

What if someone bought up all the existing bitcoins?

What if somebody bought up all the gold in the world? Well, by attempting to buy it all, the buyer would just drive the prices up until he runs out of money.

Not all bitcoins are for sale. Just as with gold, no one can buy a bitcoin that isn't available for sale.

Networking

Do I need to configure my firewall to run bitcoin?

Bitcoin will connect to other nodes, usually on tcp port 8333. You will need to allow outgoing TCP connections to port 8333 if you want to allow your bitcoin client to connect to many nodes. Bitcoin will also try to connect to IRC (tcp port 6667) to meet other nodes to connect to.

If you want to restrict your firewall rules to a few ips and/or don't want to allow IRC connection, you can find stable nodes in the fallback nodes list here. If your provider blocks the common IRC ports, note that lfnet also listens on port 7777. Connecting to this alternate port currently requires either recompiling Bitcoin, or changing routing rules. For example, on Linux you can evade a port 6667 block by doing something like this:

echo 173.246.103.92 irc.lfnet.org >> /etc/hosts
iptables -t nat -A OUTPUT -p tcp --dest 173.246.103.92 --dport 6667 -j DNAT
--to-destination :7777 -m comment --comment "bitcoind irc connection"

How does the peer finding mechanism work?

Bitcoin finds peers primarily by connecting to an IRC server (channel #bitcoin on irc.lfnet.org). If a connection to the IRC server cannot be established (like when connecting through TOR), an in-built node list will be used and the nodes will be queried for more node addresses.

Help
I'd like to learn more. Where can I get help?

• Read the introduction to bitcoin
• Download the bitcoin client software
• See the videos, podcasts, and blog posts from the Press
• Read and post on forums
• Chat on one of the Bitcoin IRC channels
• Listen to this podcast, which goes into the details of how bitcoin works

Click Here
2014

Or visit:
Click Here

   Over a month ago
SEND

What is Bitcoin?
Bitcoin is a payment system introduced as open-source software in 2009 by developer Satoshi Nakamoto. The payments in the system are recorded in a public ledger using its own unit of account, which is also called bitcoin. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call bitcoin a decentralized virtual currency. Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.

Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. Called mining, individuals or companies engage in this activity in exchange for transaction fees and newly created bitcoins. Besides mining, bitcoins can be obtained in exchange for fiat money, products, and services. Users can send and receive bitcoins electronically for an optional transaction fee using wallet software on a personal computer, mobile device, or a web application.

Bitcoin as a form of payment for products and services has seen growth, and merchants have an incentive to accept the digital currency because fees are lower than the 2-3% typically imposed by credit card processors. The European Banking Authority has warned that bitcoin lacks consumer protections. Unlike credit cards, any fees are paid by the purchaser not the vendor. Bitcoins can be stolen and chargebacks are impossible. Commercial use of bitcoin is currently small compared to its use by speculators, which has fueled price volatility.

Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. In October 2013 the US FBI shut down the Silk Road online black market and seized 144, 000 bitcoins worth US$28.5 million at the time. The US is considered bitcoin-friendly compared to other governments. In China, buying bitcoins with yuan is subject to restrictions, and bitcoin exchanges are not allowed to hold bank accounts.

If you want to know more then check out the full Bitcoin Wikipedia article

How are my earnings paid?
We currently offer 2 different payment options...
1) WEEKLY PAYMENT TO YOUR BITCOIN WALLET
If you sign in to Free Bitcoin with a bitcoin wallet address then all your earnings will accumulate in your any free Bitcoin account and the total balance will be paid directly to your bitcoin wallet on Saturday/Sunday each week (providing the balance)
2) IMMEDIATE PAYMENT TO YOUR XAPO ONLINE WALLET
If you sign in to Any free Bitcoin with an email address then all your earnings are paid out immediately to the Xapo wallet linked to that email address.

What is Xapo?
Xapo provide a secure and convenient online bitcoin wallet. Here is some additional information about Xapo from their web site...
- Xapo combines the convenience of an everyday bitcoin wallet with the security of a deep cold storage vault.
- Xapo has been described by The Wall Street Journal as the Fort Knox of bitcoin storage, so if you’re looking to secure your bitcoins then look no further than the Xapo Vault.
- It's your money. You should be able to send it instantly and access it without fees. So whether you're transferring money to a friend down the street or to family halfway around the world, say hello to free and instant transactions.

Why can't I make a faucet claim?
You might be having problems making a faucet claim on Free Bitcoin for one of the following reasons...

Advert Blocking
Free Bitcoin depends on the revenue from displaying adverts. If we detect that you have blocked adverts or they aren't showing up in your web browser then we will prevent you from making a faucet claim.

Browser/Device incompatability
This faucet web site is designed to work on the broadest range of web browsers and devices possible. However it may be that your browser/device is not supported and you receive an error message when you try to claim. If so, please try a different browser or device to check that this is the problem before contacting us about it.

Do you have an affiliate/referral program?
Yes we do

Can I advertise?
Yes you can!

Here you will find answers to the most commonly-asked questions about Bitcoin.

The following information was adapted from
Click Here

General
What are bitcoins?
Bitcoins are the unit of currency of the Bitcoin system. The ISO standard code for this is "XBT" to refer to a price or amount (eg: "100 XBT") A bitcoin isn't actually a 'thing' you can point at. It is just a number
associated with a bitcoin address.
How can I get bitcoins?

There are three ways to get bitcoins:
Buy them on an exchange such as BTC-e or #bitcoin-otc on FreeNode.
Accept bitcoins as payment for goods or services.
Create a new 'block' (currently yields 25 bitcoins).
How are new bitcoins created?

New coins are generated by a network node each time it finds the solution to a certain mathematical problem (i.e. creates a new block), which is difficult to perform and can demonstrate a proof of work. The reward for solving a block is automatically adjusted so that in the first 4 years of the Bitcoin network, 10, 500, 000 XBT will be created. The amount is halved each 4 years, so it will be 5, 250, 000 over years 4-8, 2, 625, 000 over years 8-12 and so on. Thus the total number of coins will approach 21, 000, 000 XBT over time.

In addition, built into the network is a system that attempts to allocate new coins in blocks about every 10 minutes, on average, somewhere on the network. As the number of people who attempt to generate these new coins changes, the difficulty of creating new coins changes. This happens in a manner that is agreed upon by the network as a whole, based upon the time taken to generate the previous 2016 blocks. The difficultyis therefore related to the average computing resources devoted to generate these new coins over the time it took to create these previous blocks. The likelihood of somebody "discovering" one of these blocks is based on the computer they are using compared to all of the computers also generating blocks on the network.

What's the current total number of bitcoins in existence?

Current count

The number of blocks times the coin value of a block is the number of coins in existence. The coin value of a block is 50 XBT for each of the first 210, 000 blocks, 25 XBT for the next 210, 000 blocks, then 12.5 XBT, 6.25 XBT and so on.

How divisible are bitcoins?

Technically, a bitcoin can be divided down to 8 decimals using existing data structures, so 0.00000001 XBT is the smallest amount currently possible. Discussions about and ideas for ways to provide for even smaller quantities of bitcoins may be created in the future if the need for them ever arises.
How does the halving work when the number gets really small?

The reward will go from 0.00000001 XBT to 0. Then no more coins will likely be created.

The calculation is done as a right bitwise shift of a 64-bit signed integer, which means it is divided by 2 and rounded down. The integer is equal to the value in XBT * 100, 000, 000. This is how all Bitcoin balances/values are stored internally.

Keep in mind that using current rules this will take nearly 100 years before it becomes an issue and bitcoins may change considerably before that happens.
How long will it take to generate all the coins?

The last block that will generate coins will be block #6, 929, 999. This should be generated around year 2140. Then the total number of coins in circulation will remain static at 20, 999, 999.9769 XBT.

Even if the allowed precision is expanded from the current 8 decimals, the total XBT in circulation will always be slightly below 21 million (assuming everything else stays the same). For example, with 16 decimals of precision, the end total would be 20999999.999999999496 XBT.

If no more coins are going to be generated, will more blocks be created?

Absolutely! Even before the creation of coins ends, the use of transaction fees will likely make creating new blocks more valuable from the fees than the new coins being created. When coin generation ends, what will sustain the ability to use bitcoins will be these fees entirely. There will be blocks generated after block #6, 929, 999, assuming that people are still using bitcoins at that time.

But if no more coins are generated, what happens when bitcoins are lost? Won't that be a problem?

Not at all. Because of the law of supply and demand, when fewer bitcoins are available the ones that are left will be in higher demand, and therefore will have a higher value. So when bitcoins are lost, the remaining bitcoins will increase in value to compensate. As the value of bitcoins increase, the number of bitcoins required to purchase an item decreases. This is known as a deflationary economic model.

If every transaction is broadcast via the network, does Bitcoin scale?

Yes. With some modifications to the software, Bitcoin nodes could easily keep up with both Visa and Mastercard combined, using only fairly modest hardware (a couple of racks of machines using today's hardware). It's worth noting that the Mastercard network is structured somewhat like Bitcoin itself - as a peer-to-peer broadcast network..

Why do I have to wait 10 minutes before I can spend money I received?

The reason you have to wait 10 minutes is that's the average time taken to find a block. It can be significantly more or less time than that depending on luck, 10 minutes is simply the average case.

Blocks (shown as "confirmations" in the bitcoin client software) are how Bitcoin achieves consensus on who owns what. Once a block is found everyone agrees that you now own those coins, so you can spend them. Until then it's possible that some network nodes believe otherwise, if somebody is attempting to defraud the system by reversing a transaction. The more confirmations a transaction has, the less risk there is of a reversal. Only 6 blocks or 1 hour is enough to make reversal computationally impractical. This is dramatically better than credit cards which can see chargebacks occur up to three months after the original transaction!

Why ten minutes specifically? It is a tradeoff chosen by Satoshi between propagation time of new blocks in large networks and the amount of work wasted due to chain splits. If that made no sense to you, don't worry. Reading the technical papershould make things clearer.

Do you have to wait 10 minutes in order to buy or sell things with Bitcoin?

No, it's reasonable to sell things without waiting for a confirmation as long as the transaction is not of high value.

When people ask this question they are usually thinking about applications like supermarkets or snack machines. Zero confirmation transactions still show up in the bitcoin client software, but you cannot spend them. You can however reason about the risk involved in assuming you will be able to spend them in future. In general, selling things that are fairly cheap (like snacks, digital downloads etc) for zero confirmations will not pose a problem if you are running a well-connected node.

Why does my Bitcoin address keep changing?

Whenever the address listed in "Your address" receives a transaction, Bitcoin replaces it with a new address. This is meant to encourage you to use a new address for every transaction, which enhances anonymity. All of your old addresses are still usable: you can see them in Settings -> Your Receiving Addresses.

Economy

Where does the value of Bitcoin stem from? What backs up Bitcoin?

Bitcoins have value because they are accepted as payment by many. eg. Wordpress, Reddit, etc.

When we say that a currency is backed up by gold, we mean that there's a promise in place that you can exchange the currency for gold. In a sense, you could say that Bitcoin is "backed up" by the price tags of merchants - a price tag is a promise to exchange goods for a specified amount of currency.

It's a common misconception that bitcoins gain their value from the cost of electricity required to generate them. Cost doesn't equal value - hiring 1, 000 men to shovel a big hole in the ground may be costly, but not valuable. Also, even though scarcity is a critical requirement for a useful currency, it alone doesn't make anything valuable. For example, your fingerprints are scarce, but that doesn't mean they have any exchange value.

What if someone bought up all the existing bitcoins?

What if somebody bought up all the gold in the world? Well, by attempting to buy it all, the buyer would just drive the prices up until he runs out of money.

Not all bitcoins are for sale. Just as with gold, no one can buy a bitcoin that isn't available for sale.

Networking

Do I need to configure my firewall to run bitcoin?

Bitcoin will connect to other nodes, usually on tcp port 8333. You will need to allow outgoing TCP connections to port 8333 if you want to allow your bitcoin client to connect to many nodes. Bitcoin will also try to connect to IRC (tcp port 6667) to meet other nodes to connect to.

If you want to restrict your firewall rules to a few ips and/or don't want to allow IRC connection, you can find stable nodes in the fallback nodes list here. If your provider blocks the common IRC ports, note that lfnet also listens on port 7777. Connecting to this alternate port currently requires either recompiling Bitcoin, or changing routing rules. For example, on Linux you can evade a port 6667 block by doing something like this:

echo 173.246.103.92 irc.lfnet.org >> /etc/hosts
iptables -t nat -A OUTPUT -p tcp --dest 173.246.103.92 --dport 6667 -j DNAT
--to-destination :7777 -m comment --comment "bitcoind irc connection"

How does the peer finding mechanism work?

Bitcoin finds peers primarily by connecting to an IRC server (channel #bitcoin on irc.lfnet.org). If a connection to the IRC server cannot be established (like when connecting through TOR), an in-built node list will be used and the nodes will be queried for more node addresses.

Help
I'd like to learn more. Where can I get help?

• Read the introduction to bitcoin
• Download the bitcoin client software
• See the videos, podcasts, and blog posts from the Press
• Read and post on forums
• Chat on one of the Bitcoin IRC channels
• Listen to this podcast, which goes into the details of how bitcoin works

Click Here
2014

Or visit:
Click Here

   Over a month ago
SEND


Click Here

   Over a month ago
SEND

What is Bitcoin?
Bitcoin is a payment system introduced as open-source software in 2009 by developer Satoshi Nakamoto. The payments in the system are recorded in a public ledger using its own unit of account, which is also called bitcoin. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call bitcoin a decentralized virtual currency. Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.

Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. Called mining, individuals or companies engage in this activity in exchange for transaction fees and newly created bitcoins. Besides mining, bitcoins can be obtained in exchange for fiat money, products, and services. Users can send and receive bitcoins electronically for an optional transaction fee using wallet software on a personal computer, mobile device, or a web application.

Bitcoin as a form of payment for products and services has seen growth, and merchants have an incentive to accept the digital currency because fees are lower than the 2-3% typically imposed by credit card processors. The European Banking Authority has warned that bitcoin lacks consumer protections. Unlike credit cards, any fees are paid by the purchaser not the vendor. Bitcoins can be stolen and chargebacks are impossible. Commercial use of bitcoin is currently small compared to its use by speculators, which has fueled price volatility.

Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. In October 2013 the US FBI shut down the Silk Road online black market and seized 144, 000 bitcoins worth US$28.5 million at the time. The US is considered bitcoin-friendly compared to other governments. In China, buying bitcoins with yuan is subject to restrictions, and bitcoin exchanges are not allowed to hold bank accounts.

If you want to know more then check out the full Bitcoin Wikipedia article

How are my earnings paid?
We currently offer 2 different payment options...
1) WEEKLY PAYMENT TO YOUR BITCOIN WALLET
If you sign in to Free Bitcoin with a bitcoin wallet address then all your earnings will accumulate in your any free Bitcoin account and the total balance will be paid directly to your bitcoin wallet on Saturday/Sunday each week (providing the balance)
2) IMMEDIATE PAYMENT TO YOUR XAPO ONLINE WALLET
If you sign in to Any free Bitcoin with an email address then all your earnings are paid out immediately to the Xapo wallet linked to that email address.

What is Xapo?
Xapo provide a secure and convenient online bitcoin wallet. Here is some additional information about Xapo from their web site...
- Xapo combines the convenience of an everyday bitcoin wallet with the security of a deep cold storage vault.
- Xapo has been described by The Wall Street Journal as the Fort Knox of bitcoin storage, so if you’re looking to secure your bitcoins then look no further than the Xapo Vault.
- It's your money. You should be able to send it instantly and access it without fees. So whether you're transferring money to a friend down the street or to family halfway around the world, say hello to free and instant transactions.

Why can't I make a faucet claim?
You might be having problems making a faucet claim on Free Bitcoin for one of the following reasons...

Advert Blocking
Free Bitcoin depends on the revenue from displaying adverts. If we detect that you have blocked adverts or they aren't showing up in your web browser then we will prevent you from making a faucet claim.

Browser/Device incompatability
This faucet web site is designed to work on the broadest range of web browsers and devices possible. However it may be that your browser/device is not supported and you receive an error message when you try to claim. If so, please try a different browser or device to check that this is the problem before contacting us about it.

Do you have an affiliate/referral program?
Yes we do

Can I advertise?
Yes you can!

Here you will find answers to the most commonly-asked questions about Bitcoin.

The following information was adapted from
Click Here

General
What are bitcoins?
Bitcoins are the unit of currency of the Bitcoin system. The ISO standard code for this is "XBT" to refer to a price or amount (eg: "100 XBT") A bitcoin isn't actually a 'thing' you can point at. It is just a number
associated with a bitcoin address.
How can I get bitcoins?

There are three ways to get bitcoins:
Buy them on an exchange such as BTC-e or #bitcoin-otc on FreeNode.
Accept bitcoins as payment for goods or services.
Create a new 'block' (currently yields 25 bitcoins).
How are new bitcoins created?

New coins are generated by a network node each time it finds the solution to a certain mathematical problem (i.e. creates a new block), which is difficult to perform and can demonstrate a proof of work. The reward for solving a block is automatically adjusted so that in the first 4 years of the Bitcoin network, 10, 500, 000 XBT will be created. The amount is halved each 4 years, so it will be 5, 250, 000 over years 4-8, 2, 625, 000 over years 8-12 and so on. Thus the total number of coins will approach 21, 000, 000 XBT over time.

In addition, built into the network is a system that attempts to allocate new coins in blocks about every 10 minutes, on average, somewhere on the network. As the number of people who attempt to generate these new coins changes, the difficulty of creating new coins changes. This happens in a manner that is agreed upon by the network as a whole, based upon the time taken to generate the previous 2016 blocks. The difficultyis therefore related to the average computing resources devoted to generate these new coins over the time it took to create these previous blocks. The likelihood of somebody "discovering" one of these blocks is based on the computer they are using compared to all of the computers also generating blocks on the network.

What's the current total number of bitcoins in existence?

Current count

The number of blocks times the coin value of a block is the number of coins in existence. The coin value of a block is 50 XBT for each of the first 210, 000 blocks, 25 XBT for the next 210, 000 blocks, then 12.5 XBT, 6.25 XBT and so on.

How divisible are bitcoins?

Technically, a bitcoin can be divided down to 8 decimals using existing data structures, so 0.00000001 XBT is the smallest amount currently possible. Discussions about and ideas for ways to provide for even smaller quantities of bitcoins may be created in the future if the need for them ever arises.
How does the halving work when the number gets really small?

The reward will go from 0.00000001 XBT to 0. Then no more coins will likely be created.

The calculation is done as a right bitwise shift of a 64-bit signed integer, which means it is divided by 2 and rounded down. The integer is equal to the value in XBT * 100, 000, 000. This is how all Bitcoin balances/values are stored internally.

Keep in mind that using current rules this will take nearly 100 years before it becomes an issue and bitcoins may change considerably before that happens.
How long will it take to generate all the coins?

The last block that will generate coins will be block #6, 929, 999. This should be generated around year 2140. Then the total number of coins in circulation will remain static at 20, 999, 999.9769 XBT.

Even if the allowed precision is expanded from the current 8 decimals, the total XBT in circulation will always be slightly below 21 million (assuming everything else stays the same). For example, with 16 decimals of precision, the end total would be 20999999.999999999496 XBT.

If no more coins are going to be generated, will more blocks be created?

Absolutely! Even before the creation of coins ends, the use of transaction fees will likely make creating new blocks more valuable from the fees than the new coins being created. When coin generation ends, what will sustain the ability to use bitcoins will be these fees entirely. There will be blocks generated after block #6, 929, 999, assuming that people are still using bitcoins at that time.

But if no more coins are generated, what happens when bitcoins are lost? Won't that be a problem?

Not at all. Because of the law of supply and demand, when fewer bitcoins are available the ones that are left will be in higher demand, and therefore will have a higher value. So when bitcoins are lost, the remaining bitcoins will increase in value to compensate. As the value of bitcoins increase, the number of bitcoins required to purchase an item decreases. This is known as a deflationary economic model.

If every transaction is broadcast via the network, does Bitcoin scale?

Yes. With some modifications to the software, Bitcoin nodes could easily keep up with both Visa and Mastercard combined, using only fairly modest hardware (a couple of racks of machines using today's hardware). It's worth noting that the Mastercard network is structured somewhat like Bitcoin itself - as a peer-to-peer broadcast network..

Why do I have to wait 10 minutes before I can spend money I received?

The reason you have to wait 10 minutes is that's the average time taken to find a block. It can be significantly more or less time than that depending on luck, 10 minutes is simply the average case.

Blocks (shown as "confirmations" in the bitcoin client software) are how Bitcoin achieves consensus on who owns what. Once a block is found everyone agrees that you now own those coins, so you can spend them. Until then it's possible that some network nodes believe otherwise, if somebody is attempting to defraud the system by reversing a transaction. The more confirmations a transaction has, the less risk there is of a reversal. Only 6 blocks or 1 hour is enough to make reversal computationally impractical. This is dramatically better than credit cards which can see chargebacks occur up to three months after the original transaction!

Why ten minutes specifically? It is a tradeoff chosen by Satoshi between propagation time of new blocks in large networks and the amount of work wasted due to chain splits. If that made no sense to you, don't worry. Reading the technical papershould make things clearer.

Do you have to wait 10 minutes in order to buy or sell things with Bitcoin?

No, it's reasonable to sell things without waiting for a confirmation as long as the transaction is not of high value.

When people ask this question they are usually thinking about applications like supermarkets or snack machines. Zero confirmation transactions still show up in the bitcoin client software, but you cannot spend them. You can however reason about the risk involved in assuming you will be able to spend them in future. In general, selling things that are fairly cheap (like snacks, digital downloads etc) for zero confirmations will not pose a problem if you are running a well-connected node.

Why does my Bitcoin address keep changing?

Whenever the address listed in "Your address" receives a transaction, Bitcoin replaces it with a new address. This is meant to encourage you to use a new address for every transaction, which enhances anonymity. All of your old addresses are still usable: you can see them in Settings -> Your Receiving Addresses.

Economy

Where does the value of Bitcoin stem from? What backs up Bitcoin?

Bitcoins have value because they are accepted as payment by many. eg. Wordpress, Reddit, etc.

When we say that a currency is backed up by gold, we mean that there's a promise in place that you can exchange the currency for gold. In a sense, you could say that Bitcoin is "backed up" by the price tags of merchants - a price tag is a promise to exchange goods for a specified amount of currency.

It's a common misconception that bitcoins gain their value from the cost of electricity required to generate them. Cost doesn't equal value - hiring 1, 000 men to shovel a big hole in the ground may be costly, but not valuable. Also, even though scarcity is a critical requirement for a useful currency, it alone doesn't make anything valuable. For example, your fingerprints are scarce, but that doesn't mean they have any exchange value.

What if someone bought up all the existing bitcoins?

What if somebody bought up all the gold in the world? Well, by attempting to buy it all, the buyer would just drive the prices up until he runs out of money.

Not all bitcoins are for sale. Just as with gold, no one can buy a bitcoin that isn't available for sale.

Networking

Do I need to configure my firewall to run bitcoin?

Bitcoin will connect to other nodes, usually on tcp port 8333. You will need to allow outgoing TCP connections to port 8333 if you want to allow your bitcoin client to connect to many nodes. Bitcoin will also try to connect to IRC (tcp port 6667) to meet other nodes to connect to.

If you want to restrict your firewall rules to a few ips and/or don't want to allow IRC connection, you can find stable nodes in the fallback nodes list here. If your provider blocks the common IRC ports, note that lfnet also listens on port 7777. Connecting to this alternate port currently requires either recompiling Bitcoin, or changing routing rules. For example, on Linux you can evade a port 6667 block by doing something like this:

echo 173.246.103.92 irc.lfnet.org >> /etc/hosts
iptables -t nat -A OUTPUT -p tcp --dest 173.246.103.92 --dport 6667 -j DNAT
--to-destination :7777 -m comment --comment "bitcoind irc connection"

How does the peer finding mechanism work?

Bitcoin finds peers primarily by connecting to an IRC server (channel #bitcoin on irc.lfnet.org). If a connection to the IRC server cannot be established (like when connecting through TOR), an in-built node list will be used and the nodes will be queried for more node addresses.

Help
I'd like to learn more. Where can I get help?

• Read the introduction to bitcoin
• Download the bitcoin client software
• See the videos, podcasts, and blog posts from the Press
• Read and post on forums
• Chat on one of the Bitcoin IRC channels
• Listen to this podcast, which goes into the details of how bitcoin works

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Javita Weight Loss Coffee Review - Does This Diet Coffee Work?
Are side effects and lack of results deal breakers?

Why is it that so few diet products are backed by science? Let’s find out if Javita Weight-Loss Coffee is one of the good ones. We delved deep into the ingredients, side effects, clinical research and customer service. We read through every detail of hundreds of user comments. Then, we gathered the facts, condensed and refined to give you the info you need.
What You Need to Know
To start, Javita Weight-Loss Coffee is a diet drink that contains yerba mate and garcinia cambogia. According to the company, one packet supposedly helps “speed up your body’s fat burning processes.” Each serving is portable and can be mixed in any liquid, nice option.
The product, created by the Javita Coffee Company in 2014, uses natural ingredients, always a good sign. You can purchase it from the official website or from members or distributors. We like that some customers report positive results and you can reach a representative by phone, but read on…
Potential Side Effects – “What’s Up?”
The first concern we had was with Javita Coffee side effects. “Your cup of Joe supplies the most popular stimulant on the planet, ” says our Research Editor. “The idea is to pep up energy levels and metabolism, not leave people feeling jittery and shaky.”
“This product is terrible. It gave me heart palpitations and my stomach hurt everytime I tried it. I drank it 3 times just to make sure it’s not a fluke. I felt terrible all 3 times. Just a forewarning don’t buy it!, ” one user reports.
Another dieter felt some of the same, “During the entire time taking javita, I’ve had several headaches, palpitations, insomnia and worst of all, my BLood pressure went up!!!”
Scroll below for one of the best products we’ve seen in 2015.
Real Results – “Not According to Dieters”
Based on numerous customer reviews, Javita coffee just doesn’t work like the company claims it does. “I used as planned, but did not lose one ounce. Save your money. It is easy to use and I had hoped it would work, ” one dieter says.
“Tastes like instant coffee and didn’t do anything for me. Instead I got more hungry and gained weight. Went back to my old coffee, ” claims another user.
“All I can say is save your money. This is nothing more than just another weight loss gimmick. I even tried 2 boxes so I knew I gave this enough time for some results. Nothing, not even one lousy pound. Run run and don’t look back, ” offers a customer.
Our research tells us that one problem, like no results, is all it takes to slim down chances of long-term success. If Javita Weight-Loss Coffee doesn’t help the dieter lose more weight, why would they switch to a more expensive morning drink?
The Science – “Clinical Support?”
There’s plenty of clinical research into caffeine, but Javita Weight-Loss Coffee doesn’t list any. We found no scientific proof combining the three ingredients in the formula makes the drink more effective. DietSpotlight looks to science to set good products apart from ones that aren’t worth the money. When there’s no support, that’s when you leave that one in the store.
The Bottom Line – Does Javita Weight-Loss Coffee Work?
Drum roll please. Are you ready for the final take on Javita Weight-Loss Coffee? We like that the company offers the ingredients on the official website and you can order the product simply enough, but we are skeptical about it because there are reports of side effects and dieters may not see the results they desire. We’re also concerned with the “D+” BBB rating.
If it’s time to lose those extra pounds, our suggestion is to go with a supplement with all proven ingredients and a price that doesn’t break the bank. You should also search for one that does not cause negative side effects.
Among the best of the products we’ve seen in 2015 is one called Leptigen. The proprietary blend of four ingredients is backed with clinical proof showing it helps jump start metabolism and speed up fat loss. We weren’t able to locate a single mention of side effects and dieters report seeing some pretty amazing results.
Plus, the makers of Leptigen are confident enough in the supplement to offer a Special Trial Offer, impressive.

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Extremely Scary Ghost Elevator Prank in Brazil
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Agarica is a coffee and health supplements network marketing company duly registered with the Securities and Exchange Commission (SEC) on May 18, 2011 with SEC Registration Number PG201108461.

With operations formally launched on June 15, 2011, AGARICA introduced a simple product demand-based compensation plan.

On July 15, 2013, AGARICA introduced the more financially attractive and achievable Binary/Matrix/
Unilevel Combo compensation plan through its new website
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From its flagship product, Café Agarica 5in1 Premium Coffee, AGARICA has gradually expanded its product line to include Choco Agarica 7in1 Chocolate Mix, Green-C Green Tea Mix with Mineral Ascorbate Vitamin C, Pure Agaricus 800mg capsule, Café Agarica Classic 9in1 Coffee, Living Omega 3 1000mg softgel, Living Collagen Plus 500mg softgel, Living Spirulina 250mg tablet, Living Green Barley 500mg capsule, Living Moringa 500mg capsule, Living C 600mg Sodium Ascorbate Vitamin C capsule, Agarica Amazing Spray Skin Hydrator, ABM Power Tube, and Agarica Amazing Rub.
AGARICA is continually working to improve and introduce new products.

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