Browse the internet and you will see numerous sites and opportunities to win a free Bitcoin. However, it is unlikely that any of them are real. They are most likely scams trying to steal your money by offering you the chance of further riches. For those who perhaps missed out on the cheaper cost of Bitcoin and want to gain a holding without purchasing it directly, then trying to get free Bitcoin can be very tempting. Let’s have a look and see whether there are any legitimate chances to win a free Bitcoin on the world wide web. Coin Rivet competition A legitimate chance to win a free Bitcoin took place on this very website as a promotion to celebrate
The post How to win a free Bitcoin appeared first on Coin Rivet.
Browse the internet and you will see numerous sites and opportunities to win a free Bitcoin. However, it is unlikely that any of them are real.
They are most likely scams trying to steal your money by offering you the chance of further riches. For those who perhaps missed out on the cheaper cost of Bitcoin and want to gain a holding without purchasing it directly, then trying to get free Bitcoin can be very tempting.
Let’s have a look and see whether there are any legitimate chances to win a free Bitcoin on the world wide web.
A legitimate chance to win a free Bitcoin took place on this very website as a promotion to celebrate its launch. The competition ran from October 2018 to January 2019, with the only entry requirement being to fill out a simple form.
In the world of distrust that is cryptocurrencies, there was plenty of healthy scepticism around this competition. However, a winner was announced in January who was then invited to visit the Coin Rivet office to receive their prize. You can see the winner being announced here on our YouTube channel, along with their visit to our office, with CEO Sheba Karamat carrying out the handover duties.
Were you to type “free Bitcoin” into Google, you will find a plethora of options. The legitimacy of most should be questioned, however. Many of the top results refer you to Bitcoin faucets.
Faucets work as a reward system for users completing menial tasks such as filling in Captchas. While it is possible to earn free Bitcoin by completing these tasks, the payouts are such that you are only ever likely to receive a few satoshis in return for your time and effort. The profit from these websites is usually made through the variety of adverts they run.
If you want to learn about Bitcoin and play around with very small amounts, then this might not be the worst introduction to the world of cryptocurrencies.
A safer and more legitimate method of winning free Bitcoin is to provide a service to the community. The service can be anything you choose, be it helping with development, providing artwork, or merely being funny.
Many members of Twitter or Reddit provide their Bitcoin wallet address for anyone who would like to tip them for the services they provide. Through this method, and if you are successful enough, you might find yourself earning some free Bitcoin or other form of cryptocurrency.
If you are a risk-taker by nature, then gambling could be a potential method to win yourself some free Bitcoin. There are of course many risks to gambling – the casino always wins as they say. But there are now numerous cryptocurrency gambling websites that claim to offer fair chances of winning. If you strike it lucky, you may find yourself the proud owner of many more Bitcoin, but don’t ever bet more than you are willing to lose.
Cloud mining is one method many people have used to earn themselves free Bitcoin. Through this, users provide capital upfront and are supposed to be rewarded with a cut of the mining profits of the pool. Most cloud mining platforms offer reward referral schemes as well. Yet for many of these sites, this is the actual income revenue that is then distributed, with little to no mining actually taking place.
In essence, they become large pyramid schemes through these referral programs that continue to pay out to old users. Unfortunately, like many pyramid schemes, when there are no new users, they then collapse. It would be a wise move to steer clear of such websites.
Famously, there used to be a number of Ethereum scam giveaway bots on Twitter that would latch onto famous Twitter personalities and offer free cryptocurrency. The only catch was that you had to send some first in order to receive more back. These scams became extremely popular and ultimately profitable for those running them. Should Bitcoin rocket in price, then expect to see a return of such schemes.
If anyone or any website offers to give you free cryptocurrency in return for sending them some first, you may as well assume it is a scam.
There are not many legitimate competitions to win a free Bitcoin, but it is possible there are some out there (as Coin Rivet showed). Always ensure you complete your own due diligence and verify the trustworthiness of anyone offering free Bitcoin. If you need to provide capital upfront to have a chance of winning, then it is likely to be a scam.
As always, stay safe out there!
The post How to win a free Bitcoin appeared first on Coin Rivet.
Yahoo Finance's Jared Blikre examines Microsoft's after-hours trading. Greg Swenson, Brigg Macadam Founding Partner, and John Kicklighter, DailyFX Chief Strategist, provide additional commentary on Microsoft's earnings during a volatile market.
Microsoft reported its Q2 earnings after the bell on Tuesday beating analysts' expectations on strong demand for its cloud services.
Yahoo Finance Live's Emily McCormick and Adam Shapiro break down several of the trending stocks attempting to correct themselves during this volatile trading week.
President Joe Biden can be heard calling a Fox News reporter a "stupid son of a b—-." Peter Doocy tried to question Biden about inflation as journalists were ushered out of White House's East Room where the president was hosting a meeting with economic advisers. Doocy, appearing later on Sean Hannity's Fox program, said Biden had called to apologize.
Shares of IBM (NYSE: IBM) climbed 5.7% on Tuesday after the technology giant's fourth-quarter report gave investors hope that its growth strategy was taking hold. The gains were driven by an 8.2% increase in IBM's software revenue, to $7.3 billion, and a 13.1% jump in its consulting revenue, to $4.7 billion. The company's hybrid cloud operations, which help businesses integrate their private computing resources with public cloud services, enjoyed particularly strong growth.
(Bloomberg) — Microsoft Corp. shares rose in late trading, reversing an earlier decline, after the software giant gave a forecast that reassured investors the company’s Azure cloud-computing business still has potential to drive growth. Most Read from BloombergStock Rebound Fails and Futures Plunge on Earnings: Markets WrapNvidia Quietly Prepares to Abandon $40 Billion Arm BidStocks Storm Back From 4% Rout to Close Higher: Markets WrapThis Red-Hot Housing Market Is Betting Interest Rates Will N
My hopes and dreams for my son were solid, and I was fine cosigning on his school loans as I did the same for his sister. It hurts worse that I’ve lost my son because of this too.I would like to retire someday, I’m hoping for a magic bullet to fix this for me. First up, let’s celebrate all the ways you’re on track as it is: Most likely, the credit card debt you had had a higher interest rate than the student loan debt, and kudos to you for repaying it.
Microsoft Corp. sales topped $50 billion for the first time in the holiday quarter of 2021 and easily topped earnings expectations, but shares still fell in late trading Tuesday.
Shares of Chinese electric-vehicle (EV) maker Nio (NYSE: NIO) were trading lower again on Tuesday morning, as investors continued to sell down volatile growth stocks while awaiting results of the Federal Reserve Bank Open Market Committee (FOMC) meeting. As of 10:45 a.m. ET today, Nio's American depositary shares were down about 4.1% from Monday's closing price. Nio's recent share-price decline doesn't seem to be about the business itself.
Microsoft revenue jumped 20% in its latest quarter, to $51.7 billion. A strong outlook for the March quarter is helping boost the stock.
Renewable energy investors dodged a bullet on Monday, when a miserable morning for stock markets turned into a more hopeful afternoon, erasing much of those early losses by close of trading. As of 11:40 a.m. ET, shares of solar power play Enphase Energy (NASDAQ: ENPH) are tumbling 5.8%, while fuel cell stars Bloom Energy (NYSE: BE) and Plug Power (NASDAQ: PLUG) are down 7.7% and 8.3%, respectively. In a tic-tac-toe of bad news yesterday, you see, investment bank Truist cut its price targets on Plug, Bloom, and Enphase.
Futures erased after-hours losses as Microsoft whipsawed higher after earnings. The stock market remains volatile with the Fed meeting and Tesla due.
NEW HAVEN, Conn. (Project Syndicate)—The Federal Reserve has turned on a dime, an uncharacteristic about-face for an institution long noted for slow and deliberate shifts in monetary policy. While the Fed’s recent messaging (it hasn’t really done anything yet) is not as creative as I had hoped, at least it has recognized that it has a serious problem. Like the Fed I worked at in the early 1970s under Arthur Burns, today’s policy makers once again misdiagnosed the initial outbreak.
Barry Bannister and the team at Stifel say investors should be wary of any late-day rallies from a stock market that has miles to go before its correction phase is over.
Yahoo Finance's Jennifer Schonberger joins the Live show to discuss the White House's plans to release a National Security Council memorandum that will regulate cryptocurrencies as soon as early February.
Beckham announced in November that he planned to convert his salary for this NFL season into bitcoin
Shares of Johnson & Johnson (NYSE: JNJ) had risen 2.9% as of the market close on Tuesday. Johnson & Johnson announced fourth-quarter sales of $24.8 billion. The company posted earnings per share of $1.77 based on generally accepted accounting principles (GAAP).
Being the boss is more challenging and less rewarding now than it’s ever been, and as a result more managers are quitting their jobs.
On yet another "red" day for stock markets, marijuana investors saw their stocks tumble right along with the rest of the Nasdaq. In a press release early this morning, Hexo gave investors an update on its strategic plan entitled "The Path Forward," explaining how Hexo — shares of which traded above $30 just a couple of years ago, but now fetch just $0.50 — intends to regain its mojo and get its share price moving higher once again. New product launches appear key to Hexo's plan, as the company launches sales of a "transdermal cream and a CBD-forward body lotion," and also a new line of "gummy confection called Redebles."
Dividend-paying stocks delivered an annualized return of 9.5%, which ran circles around the non-dividend payers, which trudged to an annualized gain of 1.6% over four decades. The biggest challenge for income investors is weighing yield and risk. In a perfect world, income investors would net the highest yield possible with the least amount of risk.