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Topic: Faucet is a ponzi? (Read 1111 times)

sr. member
Activity: 1050
Merit: 252
June 26, 2016, 02:34:32 AM
#37
Many faucets are not paying to their users amd i've tried so many faucets but not all of them are paying . I dont think ot can be considered as a scam because we are not actually investing our money but what's annoying is we just wasted our time and the faucets owner are the only one who are receiving a benifits from our wasted time .
newbie
Activity: 22
Merit: 1
June 26, 2016, 02:22:57 AM
#36
what is the different between faucet and ponzi?

faucet give you a small amount of crypto currencies just for visite the site itself!

a ponzi required that you invest a quantity of money (and often refer other people to speed up your earnings) to get an "insane" ROI (every time it's a scam).
legendary
Activity: 1470
Merit: 1079
June 25, 2016, 11:08:40 PM
#35
Faucet -  free satoshis - investing time - the probability of some faucets not paying is there, but the loss is just time (which is precious)

Ponzi - invest to earn - less time + more amount - the probability of getting scammed is very high (99.9%)
hero member
Activity: 910
Merit: 500
June 25, 2016, 10:52:36 PM
#34
what is the different between faucet and ponzi?

Ponzi is paying early "investors" with deposit of late "investors", and when there are no more investors, site can't pay anymore, and it collapse, almost everybody lose their money.

In faucet you don't have investment, owners of faucets makes money through adds they put on site, and when you come to site you get payed because you solve captcha and make some traffic to owner

Indeed the only thing you have to invest in faucets are time and effort so
Considering faucets with investing btc is quite questionable and shall
Be considered as one of those ponzis
sr. member
Activity: 1050
Merit: 252
June 24, 2016, 07:13:30 AM
#33
what is the different between faucet and ponzi?

Faucets are different with ponzi , faucets or the faucet owners are giving you a free bitcoin everytime you are using , visiting and claiming at their website while the ponzi is taking your money away from you they asking you for a specific amount and theyll claim that they can double it but in fact they are just going to scam .
legendary
Activity: 3234
Merit: 1375
Slava Ukraini!
June 23, 2016, 05:58:16 PM
#32
I saw some faucets which was like farming game and to cashout you had to invest. These type of faucets can be named as ponzi schemes, because it pays to old investors with fresh investors money.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
June 23, 2016, 03:30:04 PM
#31
what is the different between faucet and ponzi?

You can use faucets for free, so they aren`t Ponzi schemes (but you will earn low satoshis rewards). If the faucet gives you the possibilite to invest, you must see if their offer isn`t too good to be true. Otherside it`s a "hybrid'' faucet/ponzi scheme. So don`t invest.

Instantly payment faucets are the best to use also. So you don`t need to worry about if you will be paid or not.
legendary
Activity: 1176
Merit: 1000
June 23, 2016, 01:56:38 PM
#30
faucet can is ponzi, when the owner add "investment" scheme, like more new faucet, when you can earn for example 100 satoshi every 20 minutes, but if you buy upgrade , can earn more.

Remember, faucet is free, if see faucet with payment or with very high withdraw amount, is a scam
hero member
Activity: 1162
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
June 23, 2016, 01:49:07 PM
#29
Ponzi was the name of a man, Mr Ponzi.
The Ponzi scheme was named after him after he started a pyramid style scam and ripped off lots of people and make alot of money.
From then onward it was known as Ponzi scheme.

A faucet is a way of generating revue through advertishing.

A Ponzi scheme is related to a faucet like a mouse is to a ferarri -_-
hero member
Activity: 910
Merit: 500
June 23, 2016, 10:00:02 AM
#28
you can only consider the faucet as ponzi if it has high payout rate but if the faucet is paying instantly to faucetbox or xapo wallet with an acceptable price then you can't say that it is a ponzi one here is also the thing  for me i also consider those faucets that making anti bot links tricks in their faucet
which can possibly make you to click the ads(not intended)

regards,
chixka?
sr. member
Activity: 854
Merit: 250
June 23, 2016, 06:52:23 AM
#27
what is the different between faucet and ponzi?
In faucets the money you get are coming from the advertising earnings,in ponzis you get the money of the new members that join after you when new members stop joining no more money are coming and the whole system collapses.

it is possible faucet itself will collapse?

Yes ofcourse,if the faucet earnings are lower that the payouts then the owner has to cover the cost from his own pocket,obviously no one is going to do this and the faucet will stop paying after a while.But unlike poznis you never deposited anything  and you will not lose any money,it will be only a waste of your time.
newbie
Activity: 39
Merit: 0
June 23, 2016, 03:59:57 AM
#26
what is the different between faucet and ponzi?
In faucets the money you get are coming from the advertising earnings,in ponzis you get the money of the new members that join after you when new members stop joining no more money are coming and the whole system collapses.

it is possible faucet itself will collapse?
sr. member
Activity: 854
Merit: 250
June 22, 2016, 05:02:56 PM
#25
what is the different between faucet and ponzi?
In faucets the money you get are coming from the advertising earnings,in ponzis you get the money of the new members that join after you when new members stop joining no more money are coming and the whole system collapses.
legendary
Activity: 980
Merit: 1000
June 22, 2016, 03:44:15 PM
#24
faucet aren't ponzi because you no need deposit to get satoshis at there and different things to ponzi most of them oblige to new users deposit the particular amount and they will offering high profit to some users if deposit at there but in faucets it all free even though you only got for small amount
legendary
Activity: 994
Merit: 1000
June 22, 2016, 01:55:47 PM
#23
Faucet actually pays instantly except some having minimum threshold and manual payment. But ponzi is only out there to scam and you have to spend money and could loss it. But some manual faucet could also be considered as ponzi because they scam your valuable time.  Wink
hero member
Activity: 658
Merit: 500
June 22, 2016, 11:06:23 AM
#22
what is the different between faucet and ponzi?
Bitcoin faucet or any faucet will give you a small amount of coins free by answering or solving captha's and waiting time to claim again ,while ponzi or ponzi schemes is a investing sites which you will invest not knowing wether that site is going to pay you doubled your money or not.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
June 22, 2016, 11:04:03 AM
#21
You could find only very few faucets as scams or ponzi. In my view as faucets won't give you a good earning for the time you spend on it, some indicate it as a ponzi.
hero member
Activity: 896
Merit: 502
June 22, 2016, 09:27:21 AM
#20
No,faucet owners make money from ads available on their sites.When you visit a faucet  you see a ad,when you see a ad owners make money.
hero member
Activity: 812
Merit: 1000
June 22, 2016, 07:47:52 AM
#19
why you can say faucet is a ponzi? whereas you do not invest in it. and ponzi is an investment site that relies on members to pay the other members

Exactly faucets are not ponzi but surely a waste of time, but its good for newbies who don't have any other source of earning bitcoin, its good for them to start off.
legendary
Activity: 1960
Merit: 1026
June 22, 2016, 05:44:25 AM
#18
why you can say faucet is a ponzi? whereas you do not invest in it. and ponzi is an investment site that relies on members to pay the other members
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