And why do you need to have the Bitcoin??

"On January 3rd, 2009, an anonymous computer programmer (or programmers) going by the name Satoshi Nakamoto mined the first block of the Bitcoin blockchain, kickstarting the world’s first fully realized crypto-currency." 
(https://ihb.io/2015-08-11/news/word-cloud-the-original-satoshi-nakamoto-bitcoin-white-paper-5638)

Who could have known that only creating Blockchain offers to invest in Bitcoin and become a partner forever just for 1 US dollar, offering 1BTC.

During these years, Bitcoin exchange rate was raised to $1 000 and more for 1BTC, then fell to around $320 for 1BTC. Today 1BTC = about $710 USD. For more than four months course of BTC rise and of course will continue, so that;

Bitcoin is the best of the best investment and that is why;

Digital currency Bitcoin becoming more and more pervasive currency.

Is it a simple popularity, and everything is done on the basis of popularity??

- the most important advantage that determines its choice, it is that no global economic organizations that can control its value. No onecontrols it. Plus another reason is, that Bitcoin exchange rate is growing constantly. 

Now can use Bitkoin online in shop or the store where you buy the food, take off your money from an ATM, it's easy and quick and everywhere in the world where using Master Card or Visa.

Bitcoin is gaining popularity, and soon it will be called one of the best choices.

At present, the price of most available and is expected to soon rise as the latter, the most important and well-known global institutions, major banks will begin to work and will pay in that currency.

Bitcoin will hit $10,000 and even $1 million. Experts predict

Those individuals who are looking for attractive investments in ways that in the future may help to improve the financial situation, should take advantage of the offer.

You just need creates a virtual Bitcoin wallet.

I suggest to create these three wallet. And why??

Because of their advantages is different and obviously needed.

Coinbase - BUY AND SELL DIGITAL CURRENCY. Invite friends and get free Bitcoin.

Xapo - Signup Xapo and get 5000 satoshi welcome bonus! You can specify Xapo debit card as a payment card to your PayPal account.

CoinPayments - Multi-Coin Wallet No doubt that in the future you will use and other virtual currencies. The largest payment processor of over 55 CryptoCurrencies.

Bitcoin is a great investment and a year later, or others, you will be able to enjoy using this excellent investment opportunity.

And the most important thing is;

No one can not controlled, or collect taxes - only you are owner and it's just your vacation or pension fund.

What is Bitcoin?

Free Bitcoins How To Start

What is Bitkoin Mining?

When I writing about "Mining sites is the sites of passive earnings", I inform you about the mining sites as such; Which is a for-profit Web sites, which has its own rules and set earnings as a percentage of your investment amount. It briefly about them, where you can make Bitcoin, but it is important to fully understand how business people group that provides you the opportunity to earn is a fair and their business model is clear. And only then, being calm and to make sure that this is not a scam, there to register and earn.

What is Bitkoin Mining?

Mining carried out through computers running a piece of software. The software being run is Bitcoin Core, available for free from the Bitcoin Foudation.

Bitcoin mining is a complex mathematical problems that have to be solved,  in order to get the block (25 Bitcoin) in to blockchain which is the transaction as the proof of work, which is new money creation process towards achieving 21 million Bitcoin total supply.

Only transactions (Proof of Work (POW) algorithm) that are added to blockchain is considered final, so that everyone can trust that you are not to spend twice as Bitcoin.

Bitcoin miners use special software to solve math problems and are issued a certain number of bitcoins in exchange.

This is a lot of resources requires a process, so miners need a high computing devices - graphics card, the ASIC chip, as well as the need to consume a large amount of electrical energy to do this work with proof of work.

Want to see how to look like "Mining Block" then go to the Bitcoin Block Explorer - Blockchain.infoblockchain.info.

Within each block is the bulk of transactions. Bitcoin Block Block # 308022 This is the Bitcoin block was added to the blockchain example. It is 308022th block must be included in the chain of a miner.

You may visit this site, you will notice further transactions, which were included in the block list.

To start pulling a profit on minining, you can't use just any computer. Only specific machines it can do, compute SHA-256 hash functions.

I found on the Internet and the number of articles that this process, if it is to start now, to buy equipment, to run that works well with all of this together with the electricity consumption would be more expensive than that to achieve results.

And, maybe you want to try;) then - Download and install Bitcoin Core. - Open the debug console. - Type "setgenerate true".  - And, You're set.

But as wrote one member of quora.com ", he is a true optimist, because when he writes, "you are now solo mining on your CPU, you will burn a lot of electricity and probably never find any block. But if you are extremely lucky you will get some bitcoins before the end of life on Earth." 

Faucet generators from CoinPot microwallet

               Claim anytime on Faucet generators

                 - on faucet generators from wallet.

- what is the benefit of using this microwallet?           

This wallet has a lot of good features.
Let's face it;
That is, you can always Deposit from another faucet or wallet to CoinPot,

Withdraw (without fees) higher amount, 

instant Convert between your coins (without fees) 

 Mine in any currencies which supports this wallet

                          It's a great platform to collect a lot of coins;                        

      BITCOIN, DOGECOIN, BITCOIN CASH, LITECOIN, DASH

 

It's time to accumulate Bitcoin, because soon, its price will start to rise rapidly.

 

Plus and the fact that the faucet generators allow you to claim with almost no time limit (5 mins / account / IP address).
or claim then when you want - it's important to visit once a day and increase your claim amounts up to 100% by using of the Daily Loyalty Bonus.

                               *********

Micropayments services FaucetBOX.com is closing

Many people use the faucet, and as an intermediate micropayments services FaucetBOX really knows how to perfectly working, having a good reputation, but as they say, just not this has become a lucrative business.

7th November 2016 FaucetBOX to announce a sad news that they closing. 
From today they disabled creating new accounts and on 19 December 2016 will disable they API, and this means that faucets using FaucetBOX.com will stop working. 
Make sure you’ve reached the payout threshold before 16 January 2017.
They write that "will continue releasing updates of faucet script in the future" and this means that everyone will be able to change and the payout threshold to receive a withdrawal.

For many faucets FaucetBOX.com be the first contact with cryptocurrencies and now  faucet owner must migrated own faucet before 19 December 2016
All members need migrate to other micropayments services. 
Alternative;  Paytoshi.org and ePay.info

I think that everyone FaucetBOX.com left good memories about his work.

Over the last 3 months Bitcoin had a 40% increase in value

Of course, it is good news that over the last 3 months Bitcoin had a 40% increase in value. Most people get a chance to make more money on various Internet sites, such as trade, mining or faucet.

Are we able to forecast Bitcoin rate rise, or fall?

Although there is no clear answer to this question, some people have speculated it might be related to the fact that China has been a lot of Bitcoin exchanges are seeing increased activity in recent times. This is most likely due to the recent decrease in Yuan.

Another explanation could be that many institutional investors (such as banks and public enterprises) was shooting Bitcoin interest and Blockchain technology lately. For example, some of the largest banks in London are looking to collect Bitcoins to pay off the cyber criminals who pose a threat to reduce their critical IT systems.

May be that the fact that progress has been made in the block size of the board Bitcoin is more demand for Bitcoin.

Now is segregated Witness in order to make transaction smaller in size. That is not mean that the witness is separating from the transaction.

Bitcoin transaction has 3 parts - who sent it, who gets it and a digital signature that verifies the sender has the right to send the coins. Signature is considered a Witness for the transaction.

The signature data, witness, will still be transmitted, but it will not be included within the transaction.

What's special about Segwit is that all the Bitcoin network agreement is not necessary in order to make it work. Means Segwit will work even if some users can not update their software to the new version, making it much easier to implement.

Segwit was invented to help shrink the file size is Bitcoin transaction. This allows for more transactions to be approved each time a block transfer is confirmed. Basically, the goal is to make Bitcoin network to approve more transactions with each block.

Differences between Credit Card and Bitcoin Transactions Online

Within a few seconds Bitcoin

Within a few seconds Bitcoin currency from the customer's account is transferred to the taxi company representatives. 
Generated QR code. The client also runs Bitcoin payment app, scan the QR code and confirms the payment amount.
This decision is not new. It has a running time of some New York City taxi and limousine companies.
If payment for taxi services by credit card is nothing strange, this settlement still rising Bitcoin currency is a complete novelty not only in Lithuania, but also in the Baltic countries, as well as in Europe. 
It has become a common way to pay for virtual "virtual" services such as web hosting, web design templates, a variety of memberships and other online services.
The United States and Europe, is rapidly gaining popularity and electronic shops where the goods can be paid by Bitcoin (BTC).
Payment for actual taxi services in Lithuania should increase interest in this virtual currency.

Although the real point of sale and service providers to the currency accepted is still rare, although the mobile payment technology is rapidly gaining popularity. 

In Lithuania Bitcoins still unpopular, although the Lithuanians Internet enthusiasts there are also not so limited.

Look at where can I pay with Bitcoin in Lithuania. 

Sure could use Xapo or other Bitcoin debit card and all ATMs and withdraw euros, and everywhere, in shops, even is not charged fees.

It did;

Moon Garden (hotel-restaurant)
Bazilijonų street 10, Vilnius, Lithuania

Jimmy Jumps House (hostel)
Savičiaus street 12, Vilnius, Lithuania

JazzExpress (taxi)
Ukmergės street 315B, Vilnius, Lietuva

Sinano kebabai
Jono Basanavičiaus street 37, Vilnius, Lithuania

Pilėnai (bar)
Kauno street 1A, Vilnius, Lithuania

Dėvėti (bar)
Sodų street 3, Vilnius, Lithuania

Switch (bar)
Labdarių street 8, Vilnius, Lithuania

SQBY (clothing store)
Jogailos street 11, Vilnius, Lithuania

Aromatų sodas (gift shop)
Stiklių street 7, Vilnius, Lithuania

Centro denticija (dental clinic)
Vilniaus street 25, Vilnius, Lithuania

Barzdaskučiai (men's beauty salon)

Žydų street 2-8, Vilnius, Lithuania

Bitcoin decentralized transaction systems