What is Bitcoin? How the bitcoin history?
Bitcoin is a payment system introduced as open-source software in 2009 by developer Satoshi Nakamoto. The payments in the system are recorded in a public ledger using its own unit of account, which is also called bitcoin. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call bitcoin a decentralized virtual currency. Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.
Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. Called mining, individuals or companies engage in this activity in exchange for transaction fees and newly created bitcoins. Besides mining, bitcoins can be obtained in exchange for fiat money, products, and services. Users can send and receive bitcoins electronically for an optional transaction fee using wallet software on a personal computer, mobile device, or a web application.
Bitcoin as a form of payment for products and services has seen growth,and merchants have an incentive to accept the digital currency because fees are lower than the 2-3% typically imposed by credit card processors. The European Banking Authority has warned that bitcoin lacks consumer protections. Unlike credit cards, any fees are paid by the purchaser not the vendor. Bitcoins can be stolen and chargebacks are impossible. Commercial use of bitcoin is currently small compared to its use by speculators, which has fueled price volatility.
Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. In October 2013 the US FBI shut down the Silk Road online black market and seized 144,000 bitcoins worth US$28.5 million at the time. The US is considered bitcoin-friendly compared to other governments. In China, buying bitcoins with yuan is subject to restrictions, and bitcoin exchanges are not allowed to hold bank accounts.
This script uses a Martingale Betting Strategy which is just multiplying the bet by 2 if losing and staying on the base bet if winning. BTC0.00000001 is the base bet by default, you can change it, but I highly recommend to stick to the default. If you want to change it, it’s on the top of the script.
Tip, don’t claim the faucet if you want the script for several hours. The cookie of the site drops and forces a page reset when it detects that you are collecting the free Satoshi and does a page redirect.
HOW TO USE THIS SCRIPT:
1. Go to freebitco.in
2. Click on Multiply BTC
3. for CHROME : 1) go to Menu –> More Tools –> Javascript console
2) Copy the script below
3) Paste the script into the javascript console
4) Press Enter key on the keyboard.
for FIREFOX: 1. Press F12 key on the keyboard
2. Copy and paste the script below on the console line
3. then press the ENTER key on the keyboard.
THIS IS THE SCRIPT THAT YOU CAN USE:
var startValue = ‘0.00000001’, // Don’t lower the decimal point more than 4x of current balanceReference: http://www.swadeshipatrika.com
stopPercentage = 0.001, // In %. I wouldn’t recommend going past 0.08
maxWait = 500, // In milliseconds
stopped = false,
stopBefore = 3; // In minutes
var $loButton = $(‘#double_your_btc_bet_lo_button’),
$hiButton = $(‘#double_your_btc_bet_hi_button’);
function multiply(){
var current = $(‘#double_your_btc_stake’).val();
var multiply = (current * 2).toFixed(8);
$(‘#double_your_btc_stake’).val(multiply);
}
function getRandomWait(){
var wait = Math.floor(Math.random() * maxWait ) + 100;
console.log(‘Waiting for ‘ + wait + ‘ms before next bet.’);
return wait ;
}
function startGame(){
console.log(‘Game started!’);
reset();
$loButton.trigger(‘click’);
}
function stopGame(){
console.log(‘Game will stop soon! Let me finish.’);
stopped = true;
}
function reset(){
$(‘#double_your_btc_stake’).val(startValue);
}
// quick and dirty hack if you have very little bitcoins like 0.0000001
function de exponent Ize(number){
return number * 1000000;
}
function iHaveEnoughMoni(){
var balance = deexponentize(parseFloat($(‘#balance’).text()));
var current = deexponentize($(‘#double_your_btc_stake’).val());
return ((balance*2)/100) * (current*2) > stopPercentage/100;
}
function stopBeforeRedirect(){
var minutes = parseInt($(‘title’).text());
if( minutes < stopBefore )
{
console.log(‘Approaching redirect! Stop the game so we don\’t get redirected while loosing.’);
stopGame();
return true;
}
return false;
}
// Unbind old shit
$(‘#double_your_btc_bet_lose’).unbind();
$(‘#double_your_btc_bet_win’).unbind();
// Loser
$(‘#double_your_btc_bet_lose’).bind(“DOMSubtreeModified”,function(event){
if( $(event.currentTarget).is(‘:contains(“lose”)’) )
{
console.log(‘You LOST! Multiplying your bet and betting again.’);
multiply();
setTimeout(function(){
$loButton.trigger(‘click’);
}, getRandomWait());
//$loButton.trigger(‘click’);
}
});
// Winner
$(‘#double_your_btc_bet_win’).bind(“DOMSubtreeModified”,function(event){
if( $(event.currentTarget).is(‘:contains(“win”)’) )
{
if( stopBeforeRedirect() )
{
return;
}
if( iHaveEnoughMoni() )
{
console.log(‘You WON! But don\’t be greedy. Restarting!’);
reset();
if( stopped )
{
stopped = false;
return false;
}
}
else
{
console.log(‘You WON! Betting again’);
}
setTimeout(function(){
$loButton.trigger(‘click’);
}, getRandomWait());
}
});startgame()