ARE FAUCETS BULLSHIT OR NO???? | Bitcointalksearch.org

yesiam6

hero member

Activity: 1036

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1KoMmKPMG6xaWcqB8CPP3WJ8avRSVRHtP2

Quote from: Sam631Bit on May 10, 2018, 08:43:15 AM

Hello, guys! I'm rookie in here and have maybe rhetorical question: should I trust faucets and start one because of several reasons:
1. I want to know the mechanism of trading
2. I want to know it without investing for now

Thank u in advance!

Most Faucets for at least already big coins are a huge waste of time , not worth your time
Faucets for smaller coins can be profitable like when Nano still was raiblocks that would be a good amount of money right now if you had taken part of their faucet.

1. You should check out the site babypips to learn basic technical analysis and a good idea is to find small cap coins with good fundamentals and just hold them before they
hit bigger exchanges

2. I think there are some sites where you can testnet trade coins to learn the basics

johnsantotero

newbie

Activity: 4

Merit: 0

Quote from: Sam631Bit on May 10, 2018, 08:43:15 AM

Hello, guys! I'm rookie in here and have maybe rhetorical question: should I trust faucets and start one because of several reasons:
1. I want to know the mechanism of trading
2. I want to know it without investing for now

Thank u in advance!

those little coins that you claim in the faucet will givr you idea how to start using cryptocurrencies..just dont join those ads that popping out in the background,they are HYIP and pure scams

gentlemand

legendary

Activity: 2590

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Welt Am Draht

Yes. Total waste of time. I can't believe people value their own time so low. You could make more mowing lawns for one hour a week and using that to buy BTC than gawd knows how many hours clicking mindlessly.

At least fees have come back to Earth because a few months back the fees cost more than anything you would've gained.

Alt faucets could be a different deal if the alt eventually explodes in value. Let us not forget the first Bitcoin faucet gave away 5BTC to everyone for free.

Dudeperfect

hero member

Activity: 1190

Merit: 534

I believe that faucets are waste of time unless the user has the huge referral network under his profile and thus it doesn't make any sense to work on it without any extra benefits. When it comes to trading, the user can start learning it by actually starting with the minimum required amount and higher frequency of trades. If you are looking to earn Bitcoins without investing any money then you have to consider the second option and that is investing your time and efforts. Have a look at service marketplace and offer your skills, knowledge, experience and time in the form of useful and attractive services to others and then you can charge your fees in the form of Bitcoin, then you can invest that earning without using the money from your pocket.

kojoannan

member

Activity: 294

Merit: 10

www.daxico.com

Faucet are complete waste of your time and internet data. It even belittle one intelligent, how you will be entering a website periodically for a few satoshies. Even Airdrops are more profitable and better than faucet. As a newbie, keep off faucet and focus on bounties which will help you acquire knowledge in the process.

Karisma Black

jr. member

Activity: 228

Merit: 4

Definitely BS, don't waste your time.
Everybody or almost starts with faucets until they realize how stupid they were doing so.

neo444

full member

Activity: 434

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The faucets is not bullshit but you can't make a high profit from it because they give a low number of satoshis every claim

winspiral

legendary

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Free WSPU2 Token or real dollars

Quote from: bigvito19 on May 12, 2018, 07:54:36 AM

They are a waste of time now.

OK...It's a waste of time...
If I waste my time on faucets and if i waste my time on this forum ...I prefer waste time and earn few satoshis...

Insanerman

sr. member

Activity: 1162

Merit: 450

Correct if I'm wrong
You want to make money out of faucet to start trading without investing in your own pocket?

Well, that's okay, but I warn you that doing faucets today are actually waste of time, doing faucets in the last 3 years are much more profitable than doing faucets now. You can get such a little amount of sats by doing it.

Try to level up your rank in this forum, do bounties or airdrops (be careful) if you want to earn wihout spending out of your own pocket.

Learn all basic of cryptocurrenct
What
Where
Why

cute nmp

jr. member

Activity: 1708

Merit: 3

Faucets are mostly waste of time and the amount of coin you get from faucet is very small.some of the faucets are usually scam it is after you waste your time and want to withdraw that you will reliase that.The best option is to engage in bounties because you have better assurance of getting paid and also you add more knowledge about cryptocurrency.

MintDice

member

Activity: 238

Merit: 46

If you want to spend the time and energy learning something in the crypto world, it'd be more advisable to focus on investing or trading. If you decide to participate in a faucet, just do your research and make sure it's legitimate.

Good luck!

abanansah

member

Activity: 328

Merit: 10

www.daxico.com

Faucet is a complete waste of time, and besides I don't see why faucet will be helping you with your aim of learning to trade. In faucet you mostly entered captures, nothing to learn there. The best to learn and earn at same time is get involve with bounty and it might help you learn in the process.

upekhaanthony

member

Activity: 238

Merit: 10

If you want the fund to trading for free( actually not for free, they paid for your effort.) then bounty programs and Airdrop for you. Today a lot of bounty and Airdrops are a scam and beware when you are selecting a program.

Trading is art. you need market knowledge as well as patient to become a success. Before going trading it is better to get a solid understand the market behaviour.

tukagero

full member

Activity: 994

Merit: 103

A waste of time, you cant even earn 1btc in a year doing faucets everyday. There are lots of online job and task that will worth your time than claiming on faucets everyminute.

mithrim

sr. member

Activity: 434

Merit: 436

I'd suggest you just try it. It's not a waste of time if you learned something while doing it (just my opinion). It's always best to experience something by yourself instead of asking others. Just be cautious, crypto is full of scam and malicious sites.

bigvito19

full member

Activity: 706

Merit: 111

They are a waste of time now.

triciaa478

member

Activity: 350

Merit: 10

Don't waste your time on faucet , it is not going to pay for your time nor even buy you a cup of coffee. And most faucet sites are not honest, they don't even pay the satoshis you acquired. Save your time for airdrop or bounties.

apoorvlathey

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CryptoTalk.Org - Get Paid for every Post!

Quote from: LTU_btc on May 11, 2018, 09:13:27 AM

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It is true that if you would have enrolled in using faucets few years back you would be successful in getting 0.002 btc per week or more depending upon the time you spent. But at current payout rates of just ew satoshis, it is not the best use of your precious time.

Faucets should only be used as a means for newbies to get into crypto and making them comfortable in getting used to wallets, transactions,etc and not to be taken as a source of income.

Alluro

member

Activity: 742

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Faucets are wasting your time in these days mate. There are too many ways to earn some coins to trade. You can participate bounties and airdrops in here.

HabBear

hero member

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Quote from: winspiral on May 11, 2018, 03:21:56 AM

The difference is that you talk in general and i talk about a specific faucet.

Actually, no, your subject line isn't about a specific faucet, it literally says "Are Faucets Bullshit or No?" That's pretty general, man.

Quote from: winspiral on May 11, 2018, 03:21:56 AM

Yes it is market regulated and no need a regulatory agency.
The "market" is the "claimers" and the "claimers" set the price of the WSPU2pts.

You can believe what you want, but the fact is that buyers or "claimers" aren't regulators. If I participate in your faucet I have no interest or role in verifying the sound nature of your coin or your operation. Participants don't ensure you're treating customers/participants fairly.

Regulators are independent. Regulators role is to verify that a business is treating its customers fairly. That's the definition. And no, the cryptocurrency market is not regulated.

Quote from: winspiral on May 11, 2018, 03:21:56 AM

Do you believe that all my faucet users claim and trade for the cash?

I don't know anything about your faucet.

On the topic of faucets, the best is Freebitco.in. They're willingness to pay account holders 4% interest on their balances is the most appropriate thing offered by bitcoin faucets or exchanges. It's the way the market his heading...it only takes time. But soon people with begin to demand more for the risk they take with faucets and bitcoin exchanges, paying interest will become the norm.

Topic: ARE FAUCETS BULLSHIT OR NO???? (Read 410 times)