So, what is bitcoin?
Bitcoin is the currency distributed world wide, decentralised
digitalmoney, unlike tradtional currencies such as Kenya Shillings or the Dollar, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of bitcoin. As such it is more resistant to wild inflation and currupt banks. With bitcoins you can be your own bank.(Please read 10 Ways Kenyans can benefit directly from bitcoin here http://bitbin.it/fhmmirys)
Joining bitcoin is free, you can join bitcoin with your mobile phone number or even with your email address.
to join with your phone number visit www.37coins.com and enter your phone number and you will be sent a text message from 37coins.com (do save that phone number because its the number which you will be doind bitcoin transactions with)
Many people do ask me, I have submited my number at the 37coins.com and I have received a Kenyan number (+254714378878) Kwani whats goin on? My answer to the question is please dont panic the number +254714378878 is the authorised number used by 37coins.com on all of us or maybe I should say it is the automated number fully authorised, so no worries.
TIP: the very same number +254714378878 also can be used to join bitcoin even without visiting the 37coins.co site and also another tip, if you gave me your mobile number (Saf, Yumobile, Airtel,Orange or even lets cross the border Ugandas Mobile phone numbers or Tanzania) I can send you bitcoins and Whalla! immediately you get bitcoins. Now, lets see continue, even when you give me your mobile number and I enter it at the 37coins.com ofcourse you will get a text from them and you are ready to receive and send bitcoins. Ok, lets get deeper Maybe you are asking can I get many bitcoin accounts? The answer is yes,yes you can for free and what I like bitcoin is the privacy aspect of this technology.Bitcoin I've noticed bitcoin does not care who you are, does not ask your name when signing up simply because most people like me like it that way (How clever the founder Satoshi Nakamoto was) TIP: when you signup on 37coins.com once you press enetr or the submit button immediately a couple of things happen, you get a bitcoin adress or bitcoin wallet, now a bitcoin wallet adress looks like this 1DWiXi4FDtDKf26tXhyxqs8o4Vg99GJCrX .Now if you were asking what is abitcoin wallet adress and how do I get one? Anser id the moment you entered your mobile number on 37coins.com they immediately generate for you your own unique wallet adress.If you choose to join by a text message to +254714378878 this are the important instructions
STEP 1: send a blank/empty SMS to +254714378878
you will get a welcome text from 37coins.com
STEP2: send the word addr or ADDR to +254714378878
you will be send you unique bitcoin adress e.g like 1DWiXi4FDtDKf26tXhyxqs8o4Vg99GJCrX
STEP3: send the word pin or PIN
you will get a call in a matter of seconds from an automated lady voice, be keen to hear what she will say or put a loud speaker for that matter, you will hear her welocming you to 37coins.com and then she will ask you to enter your desired four PIN numbers which you will be using when transacting bitcoins. She will tell you to enter your four pin and put a symbol hash e.g enter 1234# hear her again and she will tell you to reapeat the same pin with a hash so repeat again 1234# and you will hear please do not forget your pin and she will end with a word thank you. For you to know your pin OK you will immediately get a text saying PIN registartion successful if it go through you will get a text cancelled do repeat again and reapeat the process (I noticed doing this was free no charges) but it depends with your mobile carrier.STEP3: send a word HELP or help and you will be given important commands concerning the service. Ok deeper stuff now,When you send someone a bitcoin payment you send it to their bitcoin adress or even their phone number I said another easier way of gettin. A bitcoin adress is a combination of letters and numbers such as 1DWiXi4FDtDKf26tXhyxqs8o4Vg99GJCrX 9The bitcoin adress acts similar to a bank account number) Wnen you join different bitcoin company you are assigned your your own unique adress any coins sent to your account will be credited to your account.
BITCOIN VALUE:
The bitcoin symbol is (BTC) and the value of 1BTC as I write on Sept the Year 2014 1BTC is 481.80USD The month of march 2014 1BTC was around 571.59USD (I hope Nonini will change T-shirt slogan and write I get Paid in Bitcoins)
I reccommend a site called preev.com it shows you the value of bitcoin to date.
What is a Satoshi?
1BTC=1000mBTC(millibitcoins)
1BTC=1,000,000 microbitcoin
!BTC=100,000,000 Satoshis
1mBTC(millibitcoin)=100,000 satoshis
TIP: Another easier way of getting a bitcoin adrees is this neately done website I call it waitingforbitcoins.com or see how my account appears there http://4bt.co/h8 You can also create yours there by pasting your already given wallet adress from 37coins.com OR put your email adress there and they will generate an adress for you in a nice shortedned stlye, You can Type your name or your Bussiness name...
Kenyans earning bitcoins online
visit http://pesamob.com/?ref=askmoses
(Call or Text Moses learn more +254721221036)
Start getting paid from Bitcoin Trader by purchasing Trading Shares(Wonderful bitcoin experts)
Visit https://bitcoin-trader.biz/?ref=ivanova
SOME FREE BITCOIN SITES (Earn weekly bitcoins send straight to your phone)
http://freebitco.in/?r=691100
http://faucet.bitcoinzebra.com/?ref=6ae49d9c1c1c
http://url2it.com/ljehg
http://cur.lv/c57o6
http://coinurl.com/index.php?ref=mistakush
https://www.landofbitcoin.com/?r=Nc5ERchSVifzu8j
http://birejji.com/?=ivanova
http://moonbit.co.in?ref=0eaa5f7c4b1a
http://dailyfreebits.com/?id=1682127
http://bitbin.it/index
https://qoinpro.com/ad0ba202b941805111d488b3555e4aeb
COOL PLACE TO EXCHANGE BITCOINS TO LOCAL CURRNCIY
www.bitx.co.ke
www.bitpesa.co
www.kipochi.com
COOL SITES FOR BITCOIN INFO
www.iamsatoshi.com
http://cur.lv/c57o6 (Rem to click skip ad)
blockchain.com
Nice Bitcoin Video About Kenya http://url2it.com/lpcmd
To Get Funded/Borrow Or Lend Bitcoins Visist
http://url2it.com/lpcjq
