The easiest way to get free bitcoins.

Introducing CoinRebates

We are excited to announce the launch of CoinRebates, a new service that allows you to earn "cash back" in bitcoins from your favorite online stores. Choose from over 300 stores and easily receive anywhere from 1% to 20% of your purchase as a bitcoin rebate. If there is a store that you cannot find (other than Amazon), please let us knowand we'll do our best to get it added.

For a limited time, BitcoinGet users earn an additional 2000 bits for completing their first purchase! Once you have received the rebate for your purchase, simply contact us or message us on Facebook with your bitcoin address and we'll get the bits credited to you.

Shop and Earn Bitcoins

The team at BitcoinGet is working hard to make it easy for you to earn bitcoins. Over the past few months, we have been working on a new service that will let you to earn cash back for your online purchases in the form of bitcoin payments. We have partnered with over 300 online retailers, many of which you may already be doing some of your shopping with, to offer you anywhere from 1% to 20% of your purchase back in bitcoins.

Currently, we are looking for some people interested in beta testing with us. During the beta period, anyone who completes a purchase through our service will receive an a bonus of 5000 bits. To receive an invite, just send us a message on Facebook.

Is Bitcoin Setting Itself Up for Another Rally?

Starting about a year ago and through the rest of 2013, bitcoin was one of the most buzzed about topics on the internet. It was during this time that we saw the price of BTC surge over US$1000. Since then, bitcoin seemed to have fallen out of the public eye, and the price has fallen as well. However, while out of the spotlight, bitcoin has made significant progress towards mainstream acceptance and may be poised for another breakthrough.

One of the major barriers to bitcoin adoption is the lack of acceptance among merchants. Over the past several months, we have seen several big companies including Dell, Expedia and Newegg, start accepting the digital currency. Last week, Paypal announced a partnership with Coinbase that will allow merchants to immediately start accepting bitcoin through its subsidiary Braintree. Support from these companies is paramount in lending legitimacy to bitcoin.

The largely positive reactions from the US government have also provided bitcoin with a safer image. The government's decision to auction off the bitcoins it seized from Silk Road has been viewed as a vote of confidence in bitcoin. The Federal Reserve has recognized bitcoin's potential as a boon for global commerce. Last week, TeraExchange received approval to launch its bitcoin derivatives platform, making it the first US-regulated financial product tied to bitcoin.

While these recent developments are not particularly exciting, they are important for laying the groundwork for widespread adoption and a potentially sustainable increase in BTC price.

Blockchain Spam and Bitcoin Transaction Fees

Last week, the bitcoin network was the target of a spam attack causing massive transaction delays. The attacker flooded the network with transactions that were small in value but large in data size, quickly filling up blocks and creating a backlog of unconfirmed transactions. At the peak, more than 80,000 transactions were waiting to be mined into a block.

As our users had witnessed, one of our payments was unconfirmed for five days. Similar to the transactions used in the spam attack, our payments are usually sent to multiple addresses at once and require relatively large block allocations. We didn't realize an attack was happening at the time of issuing payment and attached the default miner's fee of 100 bits. As a result, our transaction was buried with all the spam transactions. In the past, we were able to get away with paying the tiny fee and still have transactions confirmed quickly since blocks were rarely filled. As bitcoin adoption increases and the risk of more spam attacks loom, the importance of including a reasonable fee is highlighted. We attached a higher fee with our most recent payment and it was included in the next block.