Speaking as someone who both uses faucets AND runs her own bitcoin faucet, I look at it primarily as an introduction to
acquiring / sending Bitcoin. They see how easy Bitcoin transactions are and it isn't the Big Unknown Thing anymore. I think
too that it appeals to the gambler's mentality in a lot of folks - will I or won't I will the big payout this time?
The only thing that that irks me are the insane number of ads faucet owners try to cram onto their faucet pages. I get
the ad revenue angle, but having so many ads, pop-ups, and pop-unders that users' browsers start sobbing uncontrollably
in the corner? Not cool. Also the porn ads. A LOT of newbie Bitcoin faucet users are kids and faucet owners need to take
that into account.
/end rant
Topic: Help me understand - Who uses Faucets? , and why? - page 4. (Read 3897 times)
faucet should reward you more, maybe adding captcha to solve with it, cuz right now they are useless really
Since newbies would likely not have much knowledge in Bitcoin, they are unable to post constructively on the forum. To truly understand Bitcoin, one must try to send or receive Bitcoin. There's where the faucet comes in.
They can have a rational use, for those who want to try using cryptocurrencies for the first time.
Not exactly as there are good signature campaigns for newbies too and one can make more than they earn in faucets: https://bitcointalk.org/index.php?topic=615953.0;topicseen
When you keep posting here, you can achieve the next status soon and then can apply for a better signature campaign.
Faucets are the easiest way to earn bitcoins and there are only few that are really good as you earn lot and they withdraw to your bitcoin account only after you earn the minimum else the fee charged is a lot. Few good ones are http://moonbit.co.in/, bitcoinaliens, freebitco.in
Faucet isn't really useless in my opinion..
The faucets were the one introduced me into bitcoin world
Then I learn the basic about how bitcoin works, what they do, etc
also if I lucky maybe I got the biggest jackpot on there :p
But yeah, faucet doesn't make you rich.. working does
The faucets were the one introduced me into bitcoin world
Then I learn the basic about how bitcoin works, what they do, etc
also if I lucky maybe I got the biggest jackpot on there :p
But yeah, faucet doesn't make you rich.. working does
Newbies that are yet to figure out that it is time better spent to earn fiat and buy btc rather than chase faucets
My comment is even if you have so much time to spare, you are still better off doing nothing. Most of the time, amount of bitcoin you earn are not even enough to cover the transaction fees
Many people on my country have many alt accounts on a faucet, about 20-200 each person. They make a script/macro, then they earn from it massively.
Faucets are a waste of time.
But if you want to get your hands on your first satoshis, it is a better way of obtaining them than begging.
People are initially reluctant to "spend" money to buy bitcoins.
But if you want to get your hands on your first satoshis, it is a better way of obtaining them than begging.
People are initially reluctant to "spend" money to buy bitcoins.
Quote
Who uses Faucets? , and why?
When i know bitcoin, i used faucet and everyday i used faucet :') why? because i want to invest in cloud mining service then most all cloud mining service is ponzi :')
the point is who used faucet is newbie who new in bitcoin world.
I don't know, perhaps you, or your friends?
Faucets are ad platforms.
It's hard to persuade people to spend money or invest in unless something is given. For instance, faucet is for new,clean users.
While others have been earning profit regardless the price index against the dollars. I am one of them ,time will tell if succeed or not. If you are not sure, Why don't you PM to ask?
Faucets are ad platforms.
It's hard to persuade people to spend money or invest in unless something is given. For instance, faucet is for new,clean users.
While others have been earning profit regardless the price index against the dollars. I am one of them ,time will tell if succeed or not. If you are not sure, Why don't you PM to ask?
Faucets are a good start for newbies on using bitcoins. Its like testing the waters. While other creative guys used faucets to gather funds for trying to gamble on other sites too, hoping to increase their btc holdings.
Well, it's a great way for newbies to get their hands on their first satoshis. Also, if you manage to somehow get a lot of referrals, you can get a decent amount.
a better way is to sign up to a campaign , and at the same time be able to actually learn something new at the same time , at a faucet you simply type random captcha'sYou would make more at a faucet then at a newbie signature campaign, so that's why newbies go to faucets.
wouldn't some people have botnets too to get a little extra bitcoin from faucets? i'm sure some bots would be able to crack capthcas on some of these faucets. i'd imagine they'd make a good amount of bitcoin by running a botnet on bitcoin faucets.
Well, it's a great way for newbies to get their hands on their first satoshis. Also, if you manage to somehow network lot of referrals, you can get a decent amount.
a better way is to sign up to a campaign , and at the same time be able to actually learn something new at the same time , at a faucet you simply type random captcha's
Easiest answer ever.
Who uses Faucets and why?
NOOBS, because they're uninformed. You get more money checking your couch cushions for change.
Who uses Faucets and why?
NOOBS, because they're uninformed. You get more money checking your couch cushions for change.
I just don't understand what does the Faucet get out of it? Is it for advertising purposes?
They get a automatic flow of multiple income streams from the faucet traffic clicking on banner ads and joining affiliate banners.
The faucet owners earn profit from multiple ad networks that pay for hits and clicks. Also they earn referral commissions from affiliate banners and links.
IF done right, anyone can run a successful faucet website.
Tip: If you thing you cant, then don't try.
My point being , there's so many other much more profitable ways to be earning bitcoins can someone explain to me who the people using these are ? and why.
I am not sure if at all this topic is needed. There plenty of topics on faucets in this section and in most of them you will find suitable arguments for and against them. No need to start them anew here. I am personally considering faucet a waste of time. They are used to feed the owners ad payments basically
The same reason why people keep using pyramid schemes, ponzis and trying to make 1440$ every day from working from home
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