Must Watch Companies Send Free Bitcoins As Advertisements

in #chainbb-general7 years ago (edited)

The most recent Bitcoin advertising method might sound pretty and crazy.
but Some businesses have been try advertise by sending free bitcoins to random Bitcoin addresses.
you read that right. The newest and increasingly popular advertising method is to send Bitcoins to random people.

advertise.jpg

The companies doing the advertising are using online block chain explorer provider Blockchain.info‘s ‘tag‘ feature. This feature allows the holder of a Bitcoin address to ‘tag’ their address by giving it a name and a link that will appear on Blockchain.info whenever their address is used (e.g. when viewing a transaction that address was involved in or seeing how many bitcoins that address contains). So, when someone sees that an address sent them 0.00000001 BTC and looks the transaction up on Blockchain.info, they’ll see the company that sent it and that company’s website URL.....

Screen.png

While it may sound pretty ridiculous (and it is…), it isn’t too crazy. These companies are mainly sending out 0.00000001 BTC, worth $0.000004014. So, they aren’t sending much. They can send to 1,000,000 addresses for .01 BTC. Not too shabby. It appears as though these transactions confirm sometimes, but other times they don’t. If they do confirm, they cost an additional .0001 btc per transaction for the company. Some users are getting annoyed by these transactions, saying that they’re just spamming the block chain for fractions of btc. Others are loving the free bitcoins, commenting, “Spammer may do whatever he wants. It is his right and his freedom. Any confirmed transaction – is my funds. Even 0.00000001 btc”

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Wt abt Transction fees if they send btc in vry low amount...didnt undrstnd thr concept

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.cryptocoinsnews.com/companies-send-free-bitcoins-advertisements/

As much as I hate ads, free satoshis are free satoshis.

If all I have to deal with is this and fewers ads care of BAT / Brave then the future looks positive!

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nice post

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