Let E be an elliptic curve over a finite field IF q of q elements, with gcd(q, 6) = 1, given by an affine Weierstraß equation. We also use x(P ) to denote the x-component of a point P = (x(P ), y(P )) ∈ E. We estimate character sums of the formon average over all IF q rational points P , Q and R on E, where χ is a quadratic character, ψ is a nontrivial additive character in IF q and (c 1 , . . . , c k ) ∈ IF k q is a non-zero vector. These bounds confirm several recent conjectures of D. Jao, D. Jetchev and R. Venkatesan, related to extracting random bits from various sequences of points on elliptic curves.