Author

Topic: [2015-07-20]BITCOIN SPIES - Are Bitcoin Faucets Worth It? (Read 876 times)

legendary
Activity: 1456
Merit: 1010
Ad maiora!
they should really speak to the risks of faucets. sure you can grab a few pennies worth of btc, but you are risking picking up malware that will load your machine with exploits or worse.
you see every day on these forums users who have lost thier btc to a hack, not usually really big amounts, 10btc or less usually. also, they usually have no idea where they picked up the malware. anyone considering using faucets should read this first ---> https://bitcointalksearch.org/topic/edu-faucet-risks-1044399
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
for most people it's not worth it. but for people who are living in third world countries these faucets are a great way of earning some bits.

It doesn't matter where you live, there are easier ways to get coins and these ways are available to everyone with internet connection.
legendary
Activity: 1904
Merit: 1074
This topic has been discussed 1000 times already... and there are no clear answer to everyone's situation.

1. If you already have a job, and you sit in meetings like I do every day... You could pop into a faucet, when you get bored and solve a couple of capthas, and get some Satoshi's for fun.
2. Some people do not have a work, and they use faucet rotators to maximize their income. {Still a worst option to gain income, but if it is a necessity, it is a option.}
3. Some people use faucets to advertice, so it's a service being rendered.
4. Some people build a huge referral system, and in the end, they do nothing, and just receive passive income from their referral network.
5. Some people use the faucet income, to pay for the miners fee's on their transactions. {This makes the transactions totally FREE, because the faucets paid for it}
6. I use my faucet income to buy tickets in a lottery, and this could bring in a lot more income, if I am lucky. {One win, will make all the solving of Capthas's worth it}
7. I also donate some of my faucet income to charity. {Pay it forward} So someone else benefit from it.

So depending on what your situation is... it would either be worth it or not...  Grin
 
legendary
Activity: 896
Merit: 1000
for most people it's not worth it. but for people who are living in third world countries these faucets are a great way of earning some bits.
sr. member
Activity: 448
Merit: 250
BetcoinRakeback.com
When Bitcoin faucets are giving you Bitcoin what do you really get? Well a few pennies probably if that if you are lucky but the point is the time could be spent another way read more here: http://bitcoinspies.com/are-bitcoin-faucets-worth-it/
Jump to: