In 2015, faucets are bad for bitcoin - page 5.

GannickusX

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Quote from: Luqman on December 02, 2015, 10:39:36 AM

Quote from: GannickusX on December 02, 2015, 10:30:12 AM

Quote from: nagatraju on December 02, 2015, 03:18:45 AM

Quote from: Frost on March 07, 2015, 03:25:03 PM

I don't even understand why we still talk about faucets in 2015. I wouldn't even use them if I would be a newbie.

But Faucets are better than investing in Mining equipment and mining BTC, because there is no ROI. But we can get something from Faucets.

If there was no profit in mining no one would mine and obviously that's not the case. Faucets are in no way better than mining, you can do it for free, yes but the profit from faucets is so small you will not even notice it.

But there are some people exploiting faucet site by having some trick to get more satoshis.. They can getting more bitcoin by doing this continously

I doubt it, there is no way to do that unless you have a bot or you pay to get captchas solved, you end up not profiting in that case anyways. The bots or captcha solvers cost more than what you get from the faucet. If there were people doing that almost all faucets would die.

neochiny

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Crypto.games

Quote from: Rubberduckie on December 02, 2015, 03:41:00 AM

When the halving happens and btc doubles (which we all hope will happen) then
faucets as long as you save the btc could end up being valuable. I do the easy
ones while at work. I mean hey I am waiting for a call or have down time I may
as well get some BTC. Even if its pennies now it could be quarters later.

very good point! people keep underestimating faucets, faucets have been a big help with bitcoin.
even if faucets only give a very little amount, that amount can still be usefull if youre saving it.
as rubberduckie said it may be a pennies right now it could be quarters later.

Luqman

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Quote from: GannickusX on December 02, 2015, 10:30:12 AM

Quote from: nagatraju on December 02, 2015, 03:18:45 AM

Quote from: Frost on March 07, 2015, 03:25:03 PM

I don't even understand why we still talk about faucets in 2015. I wouldn't even use them if I would be a newbie.

But Faucets are better than investing in Mining equipment and mining BTC, because there is no ROI. But we can get something from Faucets.

If there was no profit in mining no one would mine and obviously that's not the case. Faucets are in no way better than mining, you can do it for free, yes but the profit from faucets is so small you will not even notice it.

But there are some people exploiting faucet site by having some trick to get more satoshis.. They can getting more bitcoin by doing this continously

GannickusX

hero member

Activity: 490

Merit: 500

Quote from: nagatraju on December 02, 2015, 03:18:45 AM

Quote from: Frost on March 07, 2015, 03:25:03 PM

I don't even understand why we still talk about faucets in 2015. I wouldn't even use them if I would be a newbie.

But Faucets are better than investing in Mining equipment and mining BTC, because there is no ROI. But we can get something from Faucets.

If there was no profit in mining no one would mine and obviously that's not the case. Faucets are in no way better than mining, you can do it for free, yes but the profit from faucets is so small you will not even notice it.

Mickeyb

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Activity: 798

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Move On !!!!!!

Quote from: Rubberduckie on December 02, 2015, 03:41:00 AM

When the halving happens and btc doubles (which we all hope will happen) then
faucets as long as you save the btc could end up being valuable. I do the easy
ones while at work. I mean hey I am waiting for a call or have down time I may
as well get some BTC. Even if its pennies now it could be quarters later.

I see what you are saying, just like early faucets that were giving 1 btc in the past. People have surely thought that this is waste of time as well then.

I surely do hope that these Satoshi dust that faucets are giving nowadays will be worth some serious money down the road in the future!

YuginKadoya

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Quote from: Rubberduckie on December 02, 2015, 03:41:00 AM

When the halving happens and btc doubles (which we all hope will happen) then
faucets as long as you save the btc could end up being valuable. I do the easy
ones while at work. I mean hey I am waiting for a call or have down time I may
as well get some BTC. Even if its pennies now it could be quarters later.

This is a very good point of view, regardless of what your are doing when your in front of a desktop or your laptop you can use faucets, me too when I was at work I am doing PTC's back then but now I only do faucets now that I know bitcoin and earning in bitcoin are much faster than PTC sites now we are doing a double job because of faucets and signature campaigns.

Amph

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Quote from: extrabyte on December 01, 2015, 06:12:39 PM

Faucets are a good source to earn money, especially for the faucets owners, and early faucets were good as now bitcoin has a much higher value.

only good for poor country were people live with $100 a month or soemthing, well even then if you work all day on a rotator, you can barely reach 0.005-0.01

but it's better than nothing for those people, so if you're living in one of those place and you don't have a job, i woulk go for it, but it's the only case

Rubberduckie

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Activity: 1442

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When the halving happens and btc doubles (which we all hope will happen) then
faucets as long as you save the btc could end up being valuable. I do the easy
ones while at work. I mean hey I am waiting for a call or have down time I may
as well get some BTC. Even if its pennies now it could be quarters later.

nagatraju

hero member

Activity: 672

Merit: 500

Quote from: Frost on March 07, 2015, 03:25:03 PM

I don't even understand why we still talk about faucets in 2015. I wouldn't even use them if I would be a newbie.

But Faucets are better than investing in Mining equipment and mining BTC, because there is no ROI. But we can get something from Faucets.

quentincole32

hero member

Activity: 518

Merit: 500

i dont think faucet is bad for bitcoin in 2015,but faucet just lost their user,and not many used anymore by bitcoin seeker.
but when bitcoin price going up,i think so many people use faucet again,and lso i think every bitcoin seeker have one faucet they use.

zivone

full member

Activity: 182

Merit: 100

Faucets gone then BTC price will surely drop. I learned and earned bitcoins on faucets first. Everything about bitcoin is way to complex and really hard to understand to new users. If you introduce BTC to some friends, you will lead them first to faucets after teaching them how to create their btc wallets.

Piltover

sr. member

Activity: 364

Merit: 250

Faucets are great for bitcoin.

It's is helping the eco-system and creating awareness for bitcoin. How are these bad?

BellaBitBit

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Quote from: n691309 on November 29, 2015, 06:52:34 PM

Faucets are not bad for bitcoin because faucets are the indicator that most of the people have learned about bitcoin.

I agree, it is a great way to get started with bitcoin - no only collecting but learning about bitcoin. It forces your to understand the numbers and how it is an amazing technology.

extrabyte

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Faucets are a good source to earn money, especially for the faucets owners, and early faucets were good as now bitcoin has a much higher value.

Epicnicity

member

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Quote from: ashly on November 28, 2015, 09:09:08 PM

Quote from: gadman2 on March 07, 2015, 02:20:05 PM

Faucets give people bitcoin to experiment with.

Faucet also gives money if you play faucet you will rewarded

That's true but it's not enough to actually rely on it. You won't be able to make a living of off it.

In the long run I don't think faucets are bad for bitcoin because the amount that you earn is so little, it's like finding a penny on the street.

jaylin

newbie

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Its not like faucets give out that much anyway.

ultimatesky

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SkyFall

Quote from: Zaun on December 01, 2015, 07:40:52 AM

Faucets is not bad at all for just 30 min you can earn 0,05 dollar xD

Is kinda low but it is funny you have earn something doing nothing.

Yeah, and it's just laying there, might as well collect it

Newcoins2020

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Quote from: YuginKadoya on December 01, 2015, 07:54:18 AM

Quote from: Zaun on December 01, 2015, 07:40:52 AM

Faucets is not bad at all for just 30 min you can earn 0,05 dollar xD

Is kinda low but it is funny you have earn something doing nothing.

Yup! and just like PTC's we can earn something by doing easy task and in just 3 hours I can earn nearly 0.005 btc with faucets, and like you said it is kinda low but you need to do something and just an easy task and you can get your btc absolutely free.

Faucets in my eyes are harmelss, really. It's just something for people who are just now getting into bitcoin, I see it as a tool for them to get to know bitcoin.

I still do faucets every now and then, just for fun when I got some free time on my hands

YuginKadoya

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Activity: 3038

Merit: 1169

Quote from: Zaun on December 01, 2015, 07:40:52 AM

Faucets is not bad at all for just 30 min you can earn 0,05 dollar xD

Is kinda low but it is funny you have earn something doing nothing.

Yup! and just like PTC's we can earn something by doing easy task and in just 3 hours I can earn nearly 0.005 btc with faucets, and like you said it is kinda low but you need to do something and just an easy task and you can get your btc absolutely free.

Zaun

hero member

Activity: 770

Merit: 500

Forza Roma

Faucets is not bad at all for just 30 min you can earn 0,05 dollar xD

Is kinda low but it is funny you have earn something doing nothing.

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