Blue Blade (Mist Village Bloodline):
Eyes become skyblue, with blue pupils.
This bloodline is weak against genjutsu.
Allows user to transport their opponents into another dimension.
Lightning based attacks.
Bloodline ninjutsu:
Striking Earth (genin)
Bloodline taijutsu:
Grand Circle Hits (jounin)
Bloodline Weapon Jutsu:
Electrified Weapon (genin)

Demon Blood (Sand Village Bloodline)
Wounds heal 30% faster then normal.
Strength and speed become 2X stronger and faster.
Bloodline Weapon Jutsus:
Demon Blade Dance (jounin)

Great Dragon (Grass village Bloodline)
Wounds heal 50% faster then normal.
You become 3X faster and stronger.
Bloodline Jutsu Ninjutsu:
Dragon (Jounin)
Bloodline Weapon Jutsu:
Dragon Lance (Special Jounin)

Ancient Phoenix (Cloud village Bloodline) - Akihiko Clan
Wounds heal 40% faster then normal.
Firebased Attacks.
Bloodline Ninjutsus:
Firestorm (genin)
Great Fire (Special Jounin)

Fallen Phoenix (Stone village Bloodline) - Akayama Clan
(Forgotten branch of the Ancient Phoenix Bloodline)
Wounds heal 30% faster then normal.
Users speed triples. Fire based attacks.
Bloodline Ninjutsu:
Firefall (chuunin)

Sharingan (Leaf village Bloodline) - Uchiha Clan
User can copy jutsus, see through ninjutsus and taijutsus.
User can clearly percieve motion. Develops in stages, final stage being Mangekyou Sharingan.
Bloodline Ninjutsu:
Amaterasu (special jounin)(mangekyou sharingan required)
Bloodline Genjutsu:
Tsukuyomi (special jounin)(Mangekyou sharingan required)

Basilik (Sound village Bloodline)
Genjutsu experts.
Eyes become yellow when activated.
Bloodline Genjutsus:
Soul Snake (genin)
Basilik's Power (chuunin)
Bloodline Ninjutsu:
Poison Breath (jounin)

Byakugan (Leaf village Bloodline) - Hyuuga Clan
Allows user to have a neat 360* vision field, with the ability to zoom in on any object within their range.
Allows user to see the chakra circulatory system.
Bloodline Taijutsu:
Gentil Fists (genin)

Also if you have any ideas for other bloodlines please post them in as a reply, i shall add them in when i reconnect.

Note: That we still do not have any bloodline for the following villages:
Waterfall
Rain