Author

Topic: Faucets with local pot/balance (Read 282 times)

full member
Activity: 252
Merit: 100
Kiixer
August 31, 2017, 08:59:21 PM
#5
Yes friend is sad to know that every day we earn less  Undecided
full member
Activity: 158
Merit: 100
August 31, 2017, 07:15:40 AM
#4
And before anybody pulls the racist card on me. I'm Chinese, just no longer part of the evil empire Smiley
full member
Activity: 158
Merit: 100
August 31, 2017, 07:14:40 AM
#3
The whole transaction fees thing is a big scam. This benefits only the miners which umm ~40% are Chinese (not racist, a fact).

Because of that, the prices are directly influenced by the Chinese government. One day they like BTC, the next not, like the house prices in that country (no property rights, huge prices, government can take anytime they want or threaten jailtime, why do you think I emigrated, nuff said).

BTC itself is a big scam at the whim of the Chinese government. Satoshi himself was probably a Chinese inventor who "disappeared" into the night.

Think about it, do some research, look at other coins. Ethereum is also from another dictatorship (Russia). Pattern here???

Having said that, I still profit from the herd mentality while I still can. I sold my majority of BTC for BCH when it was at the $300 mark and when it was at the $600 mark went into LTC when it was still $42 and now when that hit $62 I cleared out back to fiat USD and gained a nice profit, paid off a chunk of my mortgage, and now am waiting for the next big thing.
full member
Activity: 338
Merit: 104
August 31, 2017, 06:17:20 AM
#2
Have you noticed that rewards keep shrinking but rarely will faucet owners lower the minimum withdraw limits.
Isn't that interesting?

the 2 things arent really related

1) the rewards are shrinking because the btc v usd rate is increasing all the time - so really the faucets are still paying out a similar amount (in usd), but this means less satoshi for users

2) minimum withdraw limits are high (and probably going to get higher) because of the blockchain transaction fees problems - it costs faucet owners a lot in tx fees so they would rather send out less, larger payments than lots of small payments.
full member
Activity: 630
Merit: 100
August 31, 2017, 12:10:48 AM
#1
Have you noticed that rewards keep shrinking but rarely will faucet owners lower the minimum withdraw limits.
Isn't that interesting?
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