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Topic: In 2015, faucets are bad for bitcoin - page 2. (Read 25980 times)

newbie
Activity: 27
Merit: 0
December 14, 2015, 10:42:23 AM
Faucets creates transactions which just empowers the bitcoin eco system.
Faucets gives new people a chance to get free bitcoin and learn about bitcoin

So..
How could this be bad?
I Agree with you
I think faucets are essential to the bitcoin ecosystem
legendary
Activity: 3038
Merit: 1169
December 14, 2015, 07:13:29 AM
Faucets creates transactions which just empowers the bitcoin eco system.
Faucets gives new people a chance to get free bitcoin and learn about bitcoin

So..
How could this be bad?

Yup! I Agree with you HarryKPeters I love faucets because of the free bitcoin I get even it is very low that doesn't matter with me because faucets for me are just extra income for me, because without 0.00000001 satoshi there would be no 1 bitcoin that is the way think Grin
sr. member
Activity: 518
Merit: 254
★YoBit.Net★ 350+ Coins Exchange & Dice
December 12, 2015, 03:35:58 PM
I think faucet is the one that helps me a lot and faucet is the first known sources of bitcoin
that i know before this forum and campaign..
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
December 12, 2015, 01:24:43 PM
Faucets creates transactions which just empowers the bitcoin eco system.
Faucets gives new people a chance to get free bitcoin and learn about bitcoin

So..
How could this be bad?
legendary
Activity: 1526
Merit: 1001
December 12, 2015, 11:42:13 AM
Faucets have been always good for bitcoin because lots of users have known bitcoin through faucets.
hero member
Activity: 560
Merit: 500
December 11, 2015, 04:03:35 PM
Bitcoin faucets opened some roads that without them we wouldnt see and even know what bitcoin would have to offer,most people started at faucets and todays owns one or more,but well the bad vision is that is a waste to try captchas to earn 1k satoshis or even more when those ammount worths almost nothing,soo in the end you pay more with your bills then what you can earn.
legendary
Activity: 1470
Merit: 1079
December 09, 2015, 10:46:24 AM
There is a proverb in my state, "Never forget the way you came from"

In my opinion 70% of popularity of bitcoins is due to faucets. If programmers were the only one going to use bitcoins then it would have an price equivalent of 1 BTC = $1 now.

The purpose of a bitcoin faucet is to introduce newbies to the world of bitcoin by giving free satoshis, but nowadays a majority of faucets are too selfish for this purpose.
 
legendary
Activity: 2940
Merit: 1083
December 09, 2015, 10:44:27 AM
My experience todays ,when i started i used faucets and were amazed to earn 40ksatoshis weekly doing nothing besides captchas ,but i could earn more doing captchas for sure.Besides those faucets payments are very low for sure ,good enough to some owners and google adsense and similiar programs.


I agree with you. You could save transfer fees, basically by doing nothing. Its a good way of getting some extra cash. Maybe even bigger investment for future.

Nice positive feedbacks for our good faucets. Real cash in an instant. That should be the motto or quote of faucets. Not like others where they pay weekly or monthly. If yoi want to gamble some you can use what youve earned from faucets.
full member
Activity: 197
Merit: 100
December 09, 2015, 10:32:59 AM
faucets are no good to earn money

but they are good in some situations:
- you want to buy some thing
- you change fiat for bitcoin but while you do it price change, you are now 1000 satoshi short
- you have to go and change fiat again
- or just visit some nice faucet and here you go

and in similar situations when you need satoshi quick
legendary
Activity: 1582
Merit: 1268
December 08, 2015, 06:59:49 PM
My experience todays ,when i started i used faucets and were amazed to earn 40ksatoshis weekly doing nothing besides captchas ,but i could earn more doing captchas for sure.Besides those faucets payments are very low for sure ,good enough to some owners and google adsense and similiar programs.


I agree with you. You could save transfer fees, basically by doing nothing. Its a good way of getting some extra cash. Maybe even bigger investment for future.
hero member
Activity: 560
Merit: 500
December 08, 2015, 06:52:57 PM
My experience todays ,when i started i used faucets and were amazed to earn 40ksatoshis weekly doing nothing besides captchas ,but i could earn more doing captchas for sure.Besides those faucets payments are very low for sure ,good enough to some owners and google adsense and similiar programs.
legendary
Activity: 3038
Merit: 1169
December 07, 2015, 06:08:10 AM
imho i think faucets is only for "newbie" want to test bitcoins

Even if you say that, In my opinion faucets is for everyone I myself still using faucets you too can still use faucets but it is up to you if you don't want to, Well referral bonus plus the btc you are getting in every faucets you do that is quite enough you will get in doing faucets!
legendary
Activity: 3696
Merit: 4343
The hacker spirit breaks any spell
December 07, 2015, 04:41:49 AM

Not if you make a team that every morning do faucets.

Lets say 10 people do faucets everyday is like 50.000 faucets. So that is like 500.000 faucets a day and a month is arround 12.500.000 faucets  that is 0.12500000 Bitcoins that is around 47,46 dollars.

Very worth it for me. I think my calculation are wrong Tongue

Well I think even if your calculations are wrong your thought about bitcoin is good, I don't think that faucets are just for beginners there are ways to earn big with faucets that is why faucets have referral bonuses just like you said form a group and make them your referrals that makes faucets everyday then everyone that are your down line you can give them something in return so that they will have a compensation for being your referral.

imho i think faucets is only for "newbie" want to test bitcoins
legendary
Activity: 3038
Merit: 1169
December 06, 2015, 02:24:54 AM

Not if you make a team that every morning do faucets.

Lets say 10 people do faucets everyday is like 50.000 faucets. So that is like 500.000 faucets a day and a month is arround 12.500.000 faucets  that is 0.12500000 Bitcoins that is around 47,46 dollars.

Very worth it for me. I think my calculation are wrong Tongue

Well I think even if your calculations are wrong your thought about bitcoin is good, I don't think that faucets are just for beginners there are ways to earn big with faucets that is why faucets have referral bonuses just like you said form a group and make them your referrals that makes faucets everyday then everyone that are your down line you can give them something in return so that they will have a compensation for being your referral.
sr. member
Activity: 308
Merit: 250
December 05, 2015, 03:31:44 PM
bot for faucets do not cost too much, i was going to make one by hiring a programmer(sadly i'm not able to code one in php) and he was asking very low amount around 0.1-0.15

but a bot liek that can earn you at least 0.01 per day if there are enough good faucets, it's worth a try

But hpw will it work than if you have a bot that do it for you the faucets?

Because they are anti-bot thing.

That is nice that if you could do that. That the bot just collect satoshi for you.

the bot i'm talking about is connected via api to those website that solve captcha via human work, so no anti-bot can stop this, but you must pay something for them to solve

it's around few cent for 1k captcha i don't remember right now

here the best one https://2captcha.com/ 1k captcha = $0.66

As I said if it really was worth it faucets would be dead by now, it only takes a few people using bots to drown them out but as we can see faucets still exist so I pretty much doubt there is someone using bots out there unless you can prove otherwise

now it's too late i agree, but it was worth it in the past, like with mining, there was someone on one forum doing it and it was profitable forhim, without doing nothing he was earning something like 0.01 per day from faucets

It has been late for ages when it comes to making any relevant amounts of money through faucets, but the thing is, the main point of faucets to exists now or keep existing in the future is to introduce newbies into Bitcoin. If I spoke to anyone in real life about Bitcoin, I would tell them to go to a faucet so they can get Bitcoin for free, but I haven't told about Bitcoin to anyone I know yet because I feel like they wouldn't get it, but in the future im sure all noobs will be getting their first satoshis thanks to faucets.

We were talking about bots not about making money using faucets the legit way, you should read carefully.

0.01 per day seemed pretty ok at todays price.

Doing nothinig wiht 0.01 per day is kinda a high price for one day. That is like 3 dollar every day.

Doing the legit way is just 15 cents a day so not worth it.
hero member
Activity: 490
Merit: 500
December 05, 2015, 03:27:18 PM
bot for faucets do not cost too much, i was going to make one by hiring a programmer(sadly i'm not able to code one in php) and he was asking very low amount around 0.1-0.15

but a bot liek that can earn you at least 0.01 per day if there are enough good faucets, it's worth a try

But hpw will it work than if you have a bot that do it for you the faucets?

Because they are anti-bot thing.

That is nice that if you could do that. That the bot just collect satoshi for you.

the bot i'm talking about is connected via api to those website that solve captcha via human work, so no anti-bot can stop this, but you must pay something for them to solve

it's around few cent for 1k captcha i don't remember right now

here the best one https://2captcha.com/ 1k captcha = $0.66

As I said if it really was worth it faucets would be dead by now, it only takes a few people using bots to drown them out but as we can see faucets still exist so I pretty much doubt there is someone using bots out there unless you can prove otherwise

now it's too late i agree, but it was worth it in the past, like with mining, there was someone on one forum doing it and it was profitable forhim, without doing nothing he was earning something like 0.01 per day from faucets

It has been late for ages when it comes to making any relevant amounts of money through faucets, but the thing is, the main point of faucets to exists now or keep existing in the future is to introduce newbies into Bitcoin. If I spoke to anyone in real life about Bitcoin, I would tell them to go to a faucet so they can get Bitcoin for free, but I haven't told about Bitcoin to anyone I know yet because I feel like they wouldn't get it, but in the future im sure all noobs will be getting their first satoshis thanks to faucets.

We were talking about bots not about making money using faucets the legit way, you should read carefully.

0.01 per day seemed pretty ok at todays price.
hero member
Activity: 560
Merit: 500
December 05, 2015, 03:10:10 PM
Faucets may bring new costumers,projects into bitcoin world,the fact to waste sometime using them is what the most complaining,there are people with rotators making easy 0.10 btc weekly ,sure just some of us doing such but well if that isnt too much well i need to find something better then that since i can earn more but doing something,otherwise doing nothing and earning some income its amazing faucets system.
sr. member
Activity: 336
Merit: 250
December 05, 2015, 03:07:20 PM
Same thought, faucet definitely introduce bitcoin to the beginner, so i'm not see faucets are giving bad impact to bitcoin itself..

Certainly there are No negative impact regarding faucets for bitcoin and with just that small amount taken on faucets it can never affects the up and downs of movements for bitcoin

Newbies on second thought can learn through faucets but it is really impossible to obtain much with faucets so they need to join sig campaign, trading or try to bet on gamble but just in moderation.
What can I see is the beginner need waste their just earning come cents from faucet, it's definitely hard to do.. ah, and the internet connection  Grin

That's why they're beginners, faucets are a way to start out. The more you find out about bitcoin the more ways you'll find to earn you some.
I need to agree that faucets are only for beginners and in my opinion faucets are not for making bitcoins. It's only for understanding the bitcoin ecosystem. I believe faucets are more important for beginners and to get new members to bitcoin ecosystem.

Not if you make a team that every morning do faucets.

Lets say 10 people do faucets everyday is like 50.000 faucets. So that is like 500.000 faucets a day and a month is arround 12.500.000 faucets  that is 0.12500000 Bitcoins that is around 47,46 dollars.

Very worth it for me. I think my calculation are wrong Tongue
legendary
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
December 05, 2015, 01:03:23 PM
When BTC started, nobody had any and it was worthless, so it was right to give away thousands of BTC to make it popular. All that has changed. Now that BTC's worth something, now that companies are building on BTC, now that serious business transactions are made with bitcoin, it's about time for faucets to adapt.

BTC is real. It's money, and you've got to work to earn some. I hope all faucets will disappear in 2015. Faucets are hurting bitcoin by making some people believing you can get it while doing nothing sitting in your home. No, BTC isn't like that, and it shouldn't be any easier to get than any fiat currency. Even for small amounts.


I do not agree...
Wee are not just sitting in the room...
we watch advertisments.
it is same with many TV movies...we watch not only the movies but also the advertisments when they are displaid.

it is same with fiat...but with satoshi it is just easier to manage.

VIVA FAUCETAS (lol)
legendary
Activity: 1176
Merit: 1016
December 05, 2015, 12:11:00 PM
Same thought, faucet definitely introduce bitcoin to the beginner, so i'm not see faucets are giving bad impact to bitcoin itself..

Certainly there are No negative impact regarding faucets for bitcoin and with just that small amount taken on faucets it can never affects the up and downs of movements for bitcoin

Newbies on second thought can learn through faucets but it is really impossible to obtain much with faucets so they need to join sig campaign, trading or try to bet on gamble but just in moderation.
What can I see is the beginner need waste their just earning come cents from faucet, it's definitely hard to do.. ah, and the internet connection  Grin

That's why they're beginners, faucets are a way to start out. The more you find out about bitcoin the more ways you'll find to earn you some.
I need to agree that faucets are only for beginners and in my opinion faucets are not for making bitcoins. It's only for understanding the bitcoin ecosystem. I believe faucets are more important for beginners and to get new members to bitcoin ecosystem.
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