BTC Earn Easy Way | What is the "BTC Formula"?

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 What is the "BTC Formula"?

Everyone is looking for an easy plug-and-play system to make money online... is it the BTC Formula?

This system is quite new, so this article is designed to give you all the facts about what it does and how it works...

If you've been looking for very long in search of a make-money-online system, then you no doubt have heard of Empower Network. I won't go into details here about this 100% commission payout system, except for these facts:

In a nutshell, Dave Wood and Dave Sharpe came together in October 2011 with a mission to design a system to "empower" all people who are dedicated to making money online. The 100% commission structure makes it possible to make money online even on a part-time basis.

But what does that have to do with the BTC formula?

Dave Wood's best friend, Chris Rocheleau, had been a member of Empower Network since the launch. However, surprisingly, Chris' expert knowledge in SEO did not make him an overnight success.

It wasn't until Chris teamed up with two people in his downline, Amy Starr Allen and Jordan Schultz, that Chris' success started to skyrocket. This is a lesson to him, Chris admits, that viral marketing as Dave teaches is really the way to go with something like this.

So the three team members put their heads together and designed a system and created their own website that helps people who are just starting out understand everything they need to know about online marketing. They call the team "Be The Change", or Team BTC for short.

Why "Be The Change"?

Because these three inspirational people are dedicated to providing value to their team in every way... not just providing the technicalities of online marketing, but they're really big on personal development with things like mindset and how to make the law of attraction work for you.

Everything from how to set up your email auto-responder and your own capture pages to how to market on Facebook on a shoestring budget is included on the site.

And the BTC Formula? A Plug and Play System to make money online?

Nothing is "plug and play" without a little work and dedication. Obviously, this is a business and all businesses require time, money, and effort. But it's the closest thing I've ever seen to "plug and play".

The "BTC formula" is designed for team members to help each other on Facebook and other forms of marketing, with the idea that there's strength in numbers. The Facebook team tags each other and helps promote other team members, and the co-op solo ad is another form of marketing that's ready to go.

And, for those people who don't have the money to put into paid marketing, they also teach free strategies.

Free? Like What?

The Team BTC "Hangouts" Help YOU Sell!

For example, the three started dedicating their Tuesday nights to live "team hangouts" online, where people can choose to click on their link and join the hangout live, and type in their own comments or questions.

Even though they're live on Tuesday nights, the site is stored in the form of a video and can be re-accessed at any time until the next Tuesday when the video changes.

This is a cool free marketing tool for team members because the site is designed to include the members' ID at the end of the link, which gives commission credit to the team member who shares the link.

From time to time, other team members who also have graduated to the $10,000 per month or more level have been added to the Tuesday night hangout online. Their first addition was 22-year-old Landon Stewart, who actually has his own Facebook pay-per-click training on the site.

And, just recently, my daughter, Angela Moore, has been on the last two hangouts. What do they talk about? Mostly inspirational stuff. I like to watch in parts every morning while I'm working out because it's a great way to start the day and really helps to give me a positive mindset.

It wasn't until I plugged into the BTC Formula from this online home business team that my lead flow started tripling and I now feel confident for the first time that I can truly help the members who join me. Why?  Because all new members have to do is "plug people in" to the BTC formula team site and the rest is on autopilot! CLICK  HERE NOW and get ready to be inspired when you witness this live hangout from Hawaii where they will explain to you exactly what the BTC Formulas are all about!

Can You Mine Bitcoins on Your Smartphone?

Let us have a look at the Bitcoin price index from July 2012 to September 2020 for a better understanding of this digital currency -

Users who have traded Bitcoin have used many apps for Android, also which are used to store Bitcoins. There are several apps available and you can download the best bitcoin app either from the Google or Google play store.

With the constant increase and decrease in Bitcoin price in India, Bitcoin is going to either stay at the present price or decrease. Further, Bitcoin mining has taken precedence over everything else, and there are several apps for smartphones to mine Bitcoin. If you are not interested in mining, you can purchase Bitcoins by using a Bitcoin exchange in India such as WazirX.

Is it possible to mine Bitcoins using Mobile?

Yes, Bitcoin mobile mining is possible; but there are also several reasons for not proceeding with it. Further, there are few cryptocurrencies that do not require proof-of-work mechanisms, which are under the initial stage and can be mined on a smartphone.

As we are aware that today's smartphones are very powerful and it can be used for cryptocurrency mining. But, when we compare the tools that are used by the miners for Bitcoin mining, they are very powerful and sophisticated, mining on smartphones means they have less appeal in terms of rewards.

The user can mine Bitcoins on the smartphone on a smaller scale, or the user can join a mobile mining farm or mining pool. When the miners of the network share their rewards, you will receive a small percentage based on your computing power.

How can you Mine using Smartphones?

You can use your smartphone for Bitcoin mobile mining, by using Android as it is a mining-friendly OS for mobile devices. As the BTC rate in India is fluctuating, the market is developing more apps for Android, which allow you to directly mine bitcoin from the smartphone. These apps cannot be found on the Google play store as the case may be.

Apps that can be used for mining Bitcoins through a smartphone

If you are still fixed on mining bitcoin through mobile, the only requirement is you need a mining app and a battery charger for standby. Below given are the few apps which could be used for mining Bitcoin through smartphones.

MinerGate

It is a mobile miner app that helps you to mine Bitcoins, and Altcoins. Some of them include Dash and other altcoins. Further, MinerGate offers the best in-built wallet where you can store your bitcoins and other cryptocurrencies.

Bitcoin Miner

It is one of the most popular apps that are currently available on most devices. It offers a user-friendly interface and you can find its performance reviews good. The Bitcoin miner app supports several altcoins.

AA Miner

This app supports several cryptocurrencies which include Bitcoin, Litecoin, Dash, DigitalNote, and many more. This app is mainly used for mining cryptocurrencies for Android.

Final Thoughts

Even though mining through mobile does not offer more rewards, it is not a complicated process. The only requirement is, that you need a smartphone and download the best mining app. When you are using your smartphone, the app runs in the background; and these apps interfere with your smartphone's performance. Succinctly, we can say that smartphone mining is one of the simple ways for earning some cash but not like using specialized hardware through computers.

What Is Bitcoin and Is It a Good Investment?

Bitcoin (BTC) is a new kind of digital currency-with cryptographic keys that is decentralized to a network of computers used by users and miners around the world and is not controlled by a single organization or government. It is the first digital cryptocurrency that has gained the public's attention and is accepted by a growing number of merchants. Like other currencies, users can use digital currency to buy goods and services online as well as in some physical stores that accept it as a form of payment. Currency traders can also trade Bitcoins in Bitcoin exchanges.

There are several major differences between Bitcoin and traditional currencies (e.g. U.S. dollar):

Bitcoin does not have a centralized authority or clearing house (e.g. government, central bank, MasterCard or Visa network). The peer-to-peer payment network is managed by users and miners around the world. The currency is anonymously transferred directly between users through the internet without going through a clearing house. This means that transaction fees are much lower.

Bitcoin is created through a process called "Bitcoin mining". Miners around the world use mining software and computers to solve complex bitcoin algorithms and to approve Bitcoin transactions. They are awarded with transaction fees and new Bitcoins generated from solving Bitcoin algorithms.

There is a limited amount of Bitcoins in circulation. According to Blockchain, there were about 12.1 million in circulation as of Dec. 20, 2013. The difficulty to mine Bitcoins (solve algorithms) becomes harder as more Bitcoins are generated, and the maximum amount in circulation is capped at 21 million. The limit will not be reached until approximately the year 2140. This makes Bitcoins more valuable as more people use them.

A public ledger called 'Blockchain' records all Bitcoin transactions and shows each Bitcoin owner's respective holdings. Anyone can access the public ledger to verify transactions. This makes the digital currency more transparent and predictable. More importantly, the transparency prevents fraud and double spending of the same Bitcoins.

The digital currency can be acquired through Bitcoin mining or Bitcoin exchanges.

The digital currency is accepted by a limited number of merchants on the web and in some brick-and-mortar retailers.

Bitcoin wallets (similar to PayPal accounts) are used for storing Bitcoins, private keys and public addresses as well as for anonymously transferring Bitcoins between users.

Bitcoins are not insured and are not protected by government agencies. Hence, they cannot be recovered if the secret keys are stolen by a hacker or lost to a failed hard drive, or due to the closure of a Bitcoin exchange. If the secret keys are lost, the associated Bitcoins cannot be recovered and would be out of circulation. Visit this link for an FAQ on Bitcoins.

I believe that Bitcoin will gain more acceptance from the public because users can remain anonymous while buying goods and services online, transactions fees are much lower than credit card payment networks; the public ledger is accessible by anyone, which can be used to prevent fraud; the currency supply is capped at 21 million, and the payment network is operated by users and miners instead of a central authority.

However, I do not think that it is a great investment vehicle because it is extremely volatile and is not very stable. For example, the bitcoin price grew from around $14 to a peak of $1,200 USD this year before dropping to $632 per BTC at the time of writing.

Bitcoin surged this year because investors speculated that the currency would gain wider acceptance and that it would increase in price. The currency plunged 50% in December because BTC China (China's largest Bitcoin operator) announced that it could no longer accept new deposits due to government regulations. And according to Bloomberg, the Chinese central bank barred financial institutions and payment companies from handling bitcoin transactions.

Bitcoin will likely gain more public acceptance over time, but its price is extremely volatile and very sensitive to news-such as government regulations and restrictions-that could negatively impact the currency.

Therefore, I do not suggest investors invest in Bitcoins unless they were purchased at less than $10 USD per BTC because this would allow for a much larger margin of safety.

Otherwise, I believe that it is much better to invest in stocks that have strong fundamentals, as well as great business prospects and management teams because the underlying companies have intrinsic values and are more predictable.

Disclosure: Victor Liang has no positions in Bitcoins and has no plans to change his position in the next 72 hours.