Let'sTalkBitcoin pays listeners bitcoins! Did you know?

[belltown]

Everybody knows that Let's Talk Bitcoin podcastis is a great show. But did you know that they started paying the audience bitcoins for listening podcasts, reading articles, making comments? And they actually pay a lot. Think about it. You just listen to the great show about Bitcoins, read great articles, post in forums (like you do on Bitcointalk here), you don't do anything you wouldn't normally do anyway, but you're paid Bitcoins for it!

Ok to be totally honest they don't actually pay bitcoins, they pay tokens called LTBc. But there is an exchange where you can exchange those LTBc for BTC and those LTBc are quite expensive. Look at the real life example from last week.

Example:
Last week I’ve made maybe 10 posts in the forum (not even that much) and listened to podcast that counts as an additional 5 forum posts.

I was paid 15900 LTBcoins at the end of the week.
I’ve sold them on the the exchange for 555 satoshi each = 0.088 BTC
This is insane! This is a way more then I got from my mining that week.

Learn more:
I don't want to repeat everything I already told in another thread.
Here I explained how it works and what you should do: https://bitcointalk.org/index.php?topic=707439.0

[halfawake]

Seriously?  They paid you the equivalent of $53 for listening to a podcast and making ten forum posts.  Sounds like a pretty good deal if true, though I'm not sure how they could really justify that kind of exchange rate.

[belltown]

Seriously?  They paid you the equivalent of $53 for listening to a podcast and making ten forum posts.  Sounds like a pretty good deal if true, though I'm not sure how they could really justify that kind of exchange rate.

Yeap. I can show you blockchain transactions as a proof.

I guess so much value comes from that fact that there is a fixed amount of tokens given each week to the audience and there are not that many people participating in the distribution of these tokens. But the more people learn about it the less each of us will get. So in the future the reward should be much less. But for now the party goes on.

[Sydboy]

lol if it is as easy as you briefly described i am suprised no one else is cashing in on this.
$53 or what ever you said would pay my phone bill each month.  i am going to read the thread you provided and come back $53 richer hopefully :p i am curious how they no if you listened, but i guess it is covered in the thread.

[belltown]

lol if it is as easy as you briefly described i am suprised no one else is cashing in on this.
$53 or what ever you said would pay my phone bill each month.  i am going to read the thread you provided and come back $53 richer hopefully :p i am curious how they no if you listened, but i guess it is covered in the thread.

It is easy for now, but as more people learn about it I would expect the profit to go down. Like anything in cryptocurrency. You earn a lot in the beginning, but later you earn less and less. Please read the thread this is discussed.

[BiTJack]

Here's the Proof of Participation : https://docs.google.com/document/d/1L7HmE8IupFiSrfqk9BgNa4Zg9XogqtScyQjTw0k2xCc/edit#heading=h.6n919cfiemr

[belltown]

Here's the Proof of Participation : https://docs.google.com/document/d/1L7HmE8IupFiSrfqk9BgNa4Zg9XogqtScyQjTw0k2xCc/edit#heading=h.6n919cfiemr

Thanks! This is a great document explaining all the technical details

[ruggedman_dan]

Checking this out. Will report back when done.