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Step by Step Guide - Making money with Bitcoinreward

Discussion in 'Making Money' started by homenet, Jul 10, 2014.

  1. homenet

    homenet Power Member

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    Hi all,

    I have a great little method to make some money with a website called BitcoinReward. I've been doing this for around 3 weeks now and averaging $10/day, it's not a huge amount but there is very little work involved here and it's certainly scalable.

    Bitcoin

    If you haven't already heard of Bitcoin I'll assume you've been living under a rock for the past couple years. Let me tell you now that Bitcoin is going nowhere and is gaining some serious momentum both online and offline. Lot's of new businesses are now accepting Bitcoin as payment, there are Bitcoin ATM's popping up around the world and millions of USD are being invested into Bitcoin startup companies. Right now, 1 Bitcoin is worth around $620.

    Bitcoin Reward

    Bitcoin Reward is a site that pays people Bitcoin to do simple offers, filling in small surveys, completing micro tasks, watching videos, that kind of thing. They have a 50% referral scheme, which means any traffic you refer to them, you get 50% of all the Bitcoin that the end users make.

    The Method

    1 - Enter your Bitcoin address at BitcoinReward
    2 - Copy your referral link from the left hand side
    3 - Use sites such BitVisitor, btcclicks and others (big list here) to buy traffic. These sites pay people in Bitcoin to surf websites. The beauty of it is, these people are actively trying to get Bitcoin for free, these websites pay them very little, but BitcoinReward pays out massively in comparison. You will be driving traffic to your referral link to people who are actively looking for free Bitcoin!
    4 - $$$ Profit $$$

    Step 3 is easy, you visit the Bitcoin traffic site, click 'buy traffic' or 'advertise' enter your URL, select how many visitors you want and pay in Bitcoin. It's cheap, Bitvisitors minimum bid means you can get 2000 visitors for $1.25 spread out over a few days (300 minimum per day) you will be earning at least $10 a day from your referral traffic.

    So, as you can see, this method requires a small initial investment (a few bucks) BUT, if you're not prepared to buy Bitcoin to pay the traffic sites there is a great alternative. Use Bitcoinreward (or other faucet sites) to generate enough Bitcoin to pay for your first lot of traffic, you won't need much ($1's worth). Then, when the Bitcoin starts pouring in, rinse and repeat :)

    Eventually, you can sell your Bitcoin for real money with any number of Bitcoin exchanges. So far I've made just over $300 with this, but the user base for Bitcoin surf traffic seems to be huge so this is easily scalable.

    Enjoy, any questions let me know.
     
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  2. homenet

    homenet Power Member

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    I thought I would add to this and explain to people how to get a Bitcoin address if they don't already have one. It's VERY easy.

    1 - Download a Bitcoin wallet program, there are tons, I use Multibit, because its small and easy to use - https://multibit.org/
    2 - Install the wallet program
    3 - You should have a 'receive' tab somewhere, like in Multibit. Somewhere it should say 'Your address' followed by a long alphanumeric code, this is your Bitcoin address! This is what you enter into BitcoinReward.

    Hope that helps.
     
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  3. leets

    leets Registered Member

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    nice job..it's an easy and good method to earn $$$$ :)
     
  4. Matej

    Matej Registered Member

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    There are not many tasks to complete on Bitcoinreward
    At the moment there are no videos to watch, and new user cannot complete any surveys. There are only tasks where you must give your phone number.
     
  5. homenet

    homenet Power Member

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    What country are you from Matej? I know some countries like India probably wont have many videos but I would expect there to be some free offers still that don't require phone numbers.

    Remember though, with this method, you will be targetting global traffic, but a lot of the traffic from Bitvisitor seems to be Europe and United States which seem to have high Bitcoin paying offers!
     
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  6. TheUnborn

    TheUnborn Elite Member

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    Actually This is a pretty good method,thanks for sharing,will try this
     
  7. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    Interesting stuff. Will give it a try.
     
  8. Swordude

    Swordude Regular Member

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    Awesome share if it works, I'll definitely give this a shot and report back.
     
  9. homenet

    homenet Power Member

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    One more thing to add - After the first few batches of traffic I bought, a lot of the people I referred kept using the site and kept making me money. Once you get the ball rolling you can end up having returning users without having to buy more traffic!
     
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  10. reesh

    reesh Newbie

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    Looks great, thanks for sharing! Gona try this for sure :)
     
  11. shaddelick

    shaddelick Regular Member

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    Awww how cute :)
     
  12. Carepolice

    Carepolice Power Member

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    My thoughts exactly. Oh well, thanks for raising awareness for Bitcoin funded traffic campaigns, at least that's something to look further into.
     
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  13. lukevoice

    lukevoice Junior Member

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    great great method...hmmm, I have an idea to scale this like crazy...
     
  14. Emertat

    Emertat Registered Member

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    is it possible to use a us/uk etc proxies to get more task and surveys?
     
  15. HelloInsomnia

    HelloInsomnia Jr. Executive VIP Jr. VIP Premium Member

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    Good to see something fresh here, way to think outside the box and apply the old with the new - that's next level thinking!
     
  16. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

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  17. darenwu

    darenwu Newbie

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    why bother with bitcoinreward when all the other sites you linked to do the exact same thing and have a million times the traffic?
     
  18. evansharb

    evansharb BANNED BANNED

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    we can surely make serious money out of this method.
     
  19. homenet

    homenet Power Member

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    Do you mean sites like Bitvisitor? They don't. They pay in Bitcoin for people to surf Bitcoin related websites, but payouts are tiny, just like when using Faucets. Bitcoinreward offer a lot more Bitcoin for doing tasks, videos and offers.

    Yeah I would have thought so, never tried as I'm from the UK myself!
     
  20. Matej

    Matej Registered Member

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    I have used U.S. IP instead and was able to complete free offers. Thanks.
    Now I have to wait 24h to Satoshis appear on my account.
     
    Last edited: Jul 11, 2014