Topic: Faucet is a ponzi? - page 2. (Read 1111 times)

Faucets give satoshis against brain time. Ponzis pay the old investors by the new's money. That's a pyramidal scheme.

Actually while core mechanics of faucet and ponzi scheme is different you can mix them up pretty well. So this question is not that unfounded as it might seems.
There were many instances of faucet+ponzi mixes in the past. Some of the most successful ponzi schemes incorporated and based itself on faucet formula.

The idea was to give people very well paying faucet for free and if they choose they could level it up by paying a fee and increase their BTC flow.

I thought he was asking if faucet is ponzi when I saw his thread title. They are different man. You can earn few satoshi in faucet for free  while in ponzi you need to invest btc to get profit only if they arent yet turned into scam. But imo they have something in common "waste of time".

I think the main difference is, you cannot lose anything when you use a Ponzi, apart from the time wasted to use it. You invest none of your own time into the faucet, and they do not promise you huge returns. You invest some electricity for the time you spend to solve the Capthas, but that is about it. These faucet owners use Ad income and some of their own money to fund these faucets.

There are no money coming in from any user, apart from the faucets who implemented some sort of gambling multiplier or a lottery system, where you have to buy something to participate. ^hmmmmm^

Faucets are type of site which pay small amount of satoshi to their users for viewing the site/page, and typing a captcha..

and ponzi are the sites which made by stealing peoples money. ponzi sites will ask for investment and faucets are don't require any type of investments.


And Now, faucets are not ponzi. but earning from faucets are very low as nothing. and working on faucets also consider as waste of time.

Well, I see people have explained the difference very well, so I won't make you read it all again.
I'll just add this: the best idea is to keep away from both. Not worth your time.

Faucets is different with ponzi. Faucets is a method to earn bitcoin with solve the captcha and you get paid by solve it and Ponzi is like an investment, but it has high risk.

very different,
FAUCET (free) Bitcoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies.Bitcoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies.

PONZI (not free) A Ponzi scheme (also a Ponzi game or a Ponzi) is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.

Ponzi schemes occasionally begin as legitimate businesses, until the business fails to achieve the returns expected. The business becomes a Ponzi scheme if it then continues under fraudulent terms. Whatever the initial situation, the perpetuation of the high returns requires an ever-increasing flow of money from new investors to sustain the scheme.

The scheme is named after Charles Ponzi, who became notorious for using the technique in 1920. The idea, present in novels (for example, Charles Dickens' 1844 novel Martin Chuzzlewit and 1857 novel Little Dorrit each described such a scheme), was actually performed in real life by Ponzi who with his operation took in so much money that it was the first to become known throughout the United States. Ponzi's original scheme was based on the arbitrage of international reply coupons for postage stamps; however, he soon diverted investors' money to make payments to earlier investors and himself.

SOURCE WIKIPEDIA

No. It will be a ponzi if the faucet requires you to send them money for membership and access and asks you to invite new members who will pay in if that's how it goes then its a ponzi but I don't see those in faucets. Faucets earn from ads posted all over their website.

Some faucets are scam,others pay but to little satoshi to earn and its not worth your time claiming on those faucets.
I recommend not to join on tthose faucets and ponzi sites..they are all scam.

These are two completely different thing's.  A faucet as I say pay's cents per hour and is dust payments.  So it is a horrible way to spend time but you know going into it that you will make little for many hours of work.

Ponzi are harder to tell think of like the fake cloud mining sites.  They ask for X amount and claim you will get great returns. They pay some people with other peoples money just shuffling money around.  They do this till they have the most money they think they will get... then disappear in most cases.  But a Ponzi will always want money, and proof of payment for a small period of time does not prove something is not a ponzi do the shuffling of money mentioned above.

as long as the faucet is not asking you to pay anything, like investing back the dust payment to get more it has nothing to dowith ponzi. in short ponzi is a scam and will eventually they will reach their end and stop working, this stop can be at the very first hour or it can be in a couple of weeks.

read more about ponzi scheme here: https://en.wikipedia.org/wiki/Ponzi_scheme

Ponzi is where the payment that you get is from other's money. So in ponzi you should invest first so that you can assure that you will get paid because they get money to new investors. In faucet they give you few satoshi but it's like give and take because you take satoshi from their sites but you also give them chance to earn by visiting their sites and they earn money by the advertisements that are attached to their site. I hope you got my point on comparing faucet and ponzi  .

Faucets give you small amount of bitcoin which is earned from their advertisement spaces. When you visited their sites, they were earning money from adsense and they give you some of them . Basically they are good sites

Ponzi are bad. They give you money which is other's money. When you joined ponzi, you would be asked to pay some bitcoin to them. They will use it to pay other members until the last one who join the ponzi. The last one who join the ponzi, will lose all of his money.

 A faucet gives you small amounts of coin for nothing; a Ponzi takes small amounts of coin for nothing.
Why didn't you look this up?  It is so lazy to want to be spoon fed everything...

Faucets are websites that gives few satoshis for free as a giveaway and they get revenue from ads. While ponzi is a scam investing sites that pays for old members by the new members money tell it collapse at the end

what is the different between faucet and ponzi?