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

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

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

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.

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.

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.

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

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

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...

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
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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.

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!

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.

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.

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.

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.

They are a waste of time now.

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.

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.

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.

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



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.


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.

Do you mean starting your own faucet or making claims from one?
 Maybe claiming bitcoin from faucets won't make you a millionaire but it is a start if you have nothing to invest but time. There are faucets for other coins than bitcoin you could try them.

I love faucet before and untill now,because of this i started before i knew the bounty airdrop and bitcointalk.i have learned too much here for a long time before getting cash out but it is also great for beginners in bitcoin but do not give it too much time,study where the income is better.
Others admit it almost started in the faucet before arriving here.hehe.It's just a pleasure to think that we are going through the difficulties before coming here is really nice for our efforts because later on we will benefit

Faucets aren't bullshit. You hardly can earn much from faucets, but still, it's free money and you don't need to have specific knowledge to earn. Personally, I think that faucets are better than airdrops, because it's small, but guaranteed money. While from airdrops sometimes you can get just some worthless tokens which will be never listed on exchange.
Nowadays mostly people are saying that faucets are waste of time. They said same thing 4, 3 or 2 years ago. I can't agree. If you know how to get referrals and you decide to hodl your earnings, it may became worth your time. From my personal experience I can say that I earned from faucets more than from signature campaign for example.

yes, i am still learning to make myself better in this cryptocurrency, this forum helps me to understand what's going on and everything i should know to improve my knowledge...thank you for your advice....

Airdrop is a better way to earn crypto. Faucet will take a lot of your time and the earning might not worth the amount of time you invest in doing the task.

Trying goes over studying...

i am a beginner, of course...and i started with faucet, and i earn nothing...maybe i did it wrong, i don't know...
Now, i want to try to join bounties, my friend earns so much from that...so i have to try

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

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.

Just now:


Please do not say it is bullshit if a claim is worth $0.00329
It is not me who imagines the price,it is the market.
You talk about generalities and I talk about specificities...
Talking about generalities does not help because you have everything and its contrary.

My airdrop faucet allows people to get free WSPU2pts and $cents without spending money from their poket.
They can trade and get more $cents or more WSPU2pts

Why are you so negative about such system where every one can manage how he believes it is the best way?
And if one is not interested...one does not claim.

You can not say my members waste time for bullshit.This is unrespectuous for them.
I do not use sign campaign...I will never say people spent time for bullshit.
Long time ago over 20 years,I wrote for the website "ciao" and I earned fex cents for each writing.
Some said it is bullshit...it was funny to earn few cents and it was a pleasure to write them.

Do you believe that all my faucet users claim and trade for the cash?
No,they claim and trade for the fun to earn few cents and the fun to trade better then the other traders.

Of course it depends on what I say or what you say...that's literally how conversations, discussions work. That's why we're all here.


Regulated? Really? What regulatory agency has offered an opinion or vouched for your cryptocurrency? There is no regulatory agency overseeing the cryptocurrency market, that's one of the beauties of cryptocurrency. But don't lie and pretend that your crypto has been verified or supported by some independent agency.


Yes, of course. The market will do what they will...whether I claim that most ICOs are bullshit or whether you fill threads on forums with updates on your price.

Why are you giving your crypto away for free? Things that are given away for free often have little value. You're defying the basic laws of the market.

Good luck to you and your project.

Definitely not. You still need to spend a few days clicking faucets just to withdraw funds, whereas you could easily spend a dollar instead to cover the exchange withdrawal fees easily without wasting precious time. Not to mention some faucets might even have withdrawal fees.

"analysis paralysis" I like that, that is good. I agree with everything you have posted; if you're looking to gain without investing, bounties are a much more cost effective option. Additionally, there are trading simulators that allow one to make a demo brokerage account and practice trading. These will allow you to build confidence making different types of orders all while not spending a 'real' dime. Could be worth a shot and maybe even fun, below are links to a couple:

cryptospaniards.com/simulator

https://coins2learn.com

Cheers

Waste of time, forget it except if you are interested by earning $0.01 dollars by day.

Yeah I try some but most of them are just nonsense and wasteful of time since you can't withdraw them or transfer them and sometimes they are requesting for amount of ETH in order to transfer and your mining ETH and BTC ? Nonsense really.

Faucet is a good way to earn some small Bitcoin or ETH amount for you to use when you need to transfer some coins to an exchange then you have something to use when you need a gas for transfering.

This is your opinion...but since I am "arround" faucets,i see that faucets have users...and the more faucets are denied,the more faucets have success.
Like I said above,you can not go against the market and if you give something for free you will find claimers...
So is life...

Faucets were good (in the past) when Bitcoin was an unknown technology and you could get 50 BTC to play around. But now? Freebitcoin is giving 21 satoshis per roll (1/hr) - which is ~$0,002 (most faucets will get the same amount of even lower). Maybe you think this is a fairly good amount because they are giving it for free, but yesterday I did a transaction of 1 sat/byte coming from a Segwit address and paid 0.00000272BTC in fees (10 times what a faucet gives per claim).

This post also shows that the cheaper an exchange charges per BTC withdrawal is 0.0001BTC (~$0,93 and 465 times what a faucet gives per claim). Some are charging 0.001BTC (~$9,3 and 4650 times a faucet claim or 6 months of 24/7 FreeBitcoin rolls).

You could go ask for a few changes at your local park and get $5 much faster than someone who spends the day doing faucets, increasing the light bill and having to pay for your internet.

Now it's a waste of time. You can compare faucets with earning on clicks. Forget about faucets and airdrops. You will get pittance for those. Join bounties instead.

Most people will disagree with me but I believe that faucets are good, its a good way to get introduced to bitcoin. When I was younger and just got into bitcoin, I had no source of income so I focused on making money from faucets, I gathered enough money to invest into some more lucrative passive forms of earning bitcoin. Faucets are a good place to start if you have alot  of free time. They're particularly rewarding when you use some type of rotator to claim from multiple faucets in a short amount of time.

It does not depend on what you say or on what I say.
My airdrop faucet is market regulated and we can not say in advance what the market will say.
You can say bullshit or even BULLSHIT the faucet users trade the WSPU2pts like they feel it.
Talking about will not change the price.The price is changed by the faucet users.

You can do nothing against the market...if a claim is worth $0.003 it is impossible not to find claimers.
When you offer something for a claim...you will without doubt find claimers even if 100000000000000000 people say it is bullshit.
It is impossible to go against the market.

Faucet are not bullshit, they're just a very slow way to acquire bitcoin. You could buy bitcoin with loose change in a drawer faster than you can acquire the same amount of bitcoin with a faucet. Faucets don't offer trading and you don't need to "invest" to get started.

There is one faucet that pays interest on your balance - which is very appropriate given the risk that we all accept when working with a bitcoin exchange - PM me if you want a link!


Airdrops for ICOs are bullshit...more often than not. The reason is because ICOs that have a great business plan and sound utility for the market don't need to give away their tokens for free. Any ICO that's giving away its tokens for free is an ICO that's not worth buying for the ICO, therefore it is destined to fail.

Honestly, faucets are just a waste of time. Most of them are time consuming and are giving less than a cent per hour. Can't you just just put $10 in a cheap crypto and start playing with it? (it's easier and quickier).

Then my airdrop faucet is made for you.
You have not to invest
You have just to claim
You have just to trade
You have just to withdraw or to request your WSPU2pts for real WSPU2 on ETH wallet.

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!