Is BitCoin faucets really worth the time? - page 18.

Pony789

hero member

Activity: 882

Merit: 1000

Quote from: Este Nuno on June 03, 2014, 06:37:39 AM

Well, I kind of wish I had done more faucets back in 2010/11 considering the value now. I guess the only reason I say this is because if you're really sure that the value of bitcoin is going to go up 100x or some similar amount then you can start to possibly justify spending on free time on faucets and saving the results for the future.

If I knew bitcoin will worth $1000 in Dec 2013, I would work overnight and do a few part-time jobs (rather than playing with faucets) in 2010 and put all my money in bitcoin.
Sadly, I didn't know bitcoin until 2013. Sad

Este Nuno

legendary

Activity: 826

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amarha

Well, I kind of wish I had done more faucets back in 2010/11 considering the value now. I guess the only reason I say this is because if you're really sure that the value of bitcoin is going to go up 100x or some similar amount then you can start to possibly justify spending on free time on faucets and saving the results for the future. If you have other productive ways to make money then it's not a good option. But if you don't then maybe it is.

claugoz14

newbie

Activity: 25

Merit: 0

if you feel bored and with enough time and free energy you can feel free to use the faucet, but think about it just $2 per month?? is not good. I think just a waste of time.

Pony789

hero member

Activity: 882

Merit: 1000

Quote from: Light on June 03, 2014, 04:59:22 AM

Read this.

Quote from: Light on May 18, 2014, 06:30:44 AM

Just out of reference - faucets are actually bad if you reuse the address with large inputs later on. If you don't have coin control in your client (only Qt has it) then you won't be able to specify which inputs are going into your transaction meaning that in all likelihood you may be choosing those dust inputs. The problem here is that dust inputs take up space without really adding to the value of the tx so you may have a crap ton of dust inputs meaning you get a nonstandard transaction that either requires a larger fee (usually more than all your dust combined) or you take a long time to get confirmations as some miners don't accept non standard txs.

If you are determined to use a faucet then I would advise you have a single address with the sole purpose of getting faucet payments - that way you can combine them all into a single output if you get enough to be usable without compromising the other coins in your wallet.

You may use a deposit address on exchange or casino to collect the faucet payments, and send the bitcoin to your personal wallet whenever the balance reaches 0.01 or any amount you consider significant.

But still, it is better to simply ignore those faucets.

Light

hero member

Activity: 742

Merit: 502

Circa 2010

Read this.

Quote from: Light on May 18, 2014, 06:30:44 AM

Just out of reference - faucets are actually bad if you reuse the address with large inputs later on. If you don't have coin control in your client (only Qt has it) then you won't be able to specify which inputs are going into your transaction meaning that in all likelihood you may be choosing those dust inputs. The problem here is that dust inputs take up space without really adding to the value of the tx so you may have a crap ton of dust inputs meaning you get a nonstandard transaction that either requires a larger fee (usually more than all your dust combined) or you take a long time to get confirmations as some miners don't accept non standard txs.

If you are determined to use a faucet then I would advise you have a single address with the sole purpose of getting faucet payments - that way you can combine them all into a single output if you get enough to be usable without compromising the other coins in your wallet.

mortare

sr. member

Activity: 771

Merit: 283

Quote from: alex21btc on June 02, 2014, 02:42:51 PM

Yes worth, if you have tons of active referals. And if you working all day on pc, you can do some extra bitcoins.

True, i am all day behind my pc on my work.
If you are not its indeed a waste of time.

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: Testing123 on June 02, 2014, 10:54:38 PM

Quote from: lynn_402 on June 02, 2014, 10:43:11 PM

That may be a better use of your time: https://bitcointalk.org/index.php?topic=636079.0;topicseen
It's a new signature campaign, aimed at newbies and junior members!

Hehe, I have mentioned it in my above post.
The main problem of this program is that it is promoting a ponzi (which usually is short-lived and ends with owner vanishing without a trace)

Oh sorry I had not seen it Cheesy

Yeah, I agree that promoting a ponzi is morally not cool. However, those who want that kind of things will find one wether you promote it or not. Giving publicity to it simply favours that ponzi over another random one in the long run, so imho it would be moraly justifiable to use that signature campaign.

Testing123

hero member

Activity: 561

Merit: 500

Quote from: lynn_402 on June 02, 2014, 10:43:11 PM

That may be a better use of your time: https://bitcointalk.org/index.php?topic=636079.0;topicseen
It's a new signature campaign, aimed at newbies and junior members!

Hehe, I have mentioned it in my above post.
The main problem of this program is that it is promoting a ponzi (which usually is short-lived and ends with owner vanishing without a trace)

lynn_402

sr. member

Activity: 462

Merit: 253

That may be a better use of your time: https://bitcointalk.org/index.php?topic=636079.0;topicseen
It's a new signature campaign, aimed at newbies and junior members!

Testing123

hero member

Activity: 561

Merit: 500

Quote from: alex21btc on June 02, 2014, 02:42:51 PM

Yes worth, if you have tons of active referals. And if you working all day on pc, you can do some extra bitcoins.

You may get pretty good earnings if you really have tons of active ref.
But TBH, if you have the ability to do so, you should spend your time to get even more ref rather than solving captcha yourself.
Or in other words, you should lure more people into the site and you personally should stay away from it (how ironic lol).

Testing123

hero member

Activity: 561

Merit: 500

Quote from: Dxuz on June 02, 2014, 10:46:28 AM

Quote from: oli123123 on June 02, 2014, 10:32:28 AM

Nope, they're not worth it.

may i ask why?
cos i think it's worth a lot, especially to the ppl that don't want to invest some of their money.

You could join a signature program to get far better earnings without any investment.
Since you are a jr member, you may join the scratchticket program https://bitcointalksearch.org/topic/new-bitcoin-scratchticketcom-earn-up-to-01-btc-month-up-front-payment-493236 or this new program https://bitcointalksearch.org/topic/newbies-jr-members-signature-payment-new-rates-636079 (I don't endorse them, and the latter one is promoting a ponzi).

Testing123

hero member

Activity: 561

Merit: 500

I agree with most of the people that it doesn't worth the time to collect dusts from faucet sites.
Though many of those sites do pay, the amount is very very low, and there are far better ways to earn money IMO.

Anyway, if you really can't find better earning opportunities and if you are happy with a few cents an hour, I don't see why you shouldn't use faucets.

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: zimmah on June 02, 2014, 05:27:02 PM

Quote from: lynn_402 on June 02, 2014, 05:12:10 PM

Quote from: zimmah on June 02, 2014, 05:09:43 PM

i personally use landofbitcoin while i fitness at home when i take 90 second rests in between.

Usually over the course of a training session i can fill in 70 faucets or more, and it lists the most profitable first.

I would otherwise just be wasting those minutes anyway, so why not get some money out of it?

http://freebitco.in/ is also a great one, probably the best

I'm curious, what kind of workouts do you do where your hands are free enough to go on faucets?

read correctly, in between workouts (90 second breaks)

all these breaks between workouts add up (several different muscle groups, 5 or 3 reps per muscle group, each time a short break in between)

3 times a week.

adds up pretty quickly, made several dollars with it already.

I see, sorry about misreading.
Hopefully, these mBTCs will be worth hundreds one day, so this will have been worth it Wink

berkelip

hero member

Activity: 686

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don't waste your time with faucets
I prefer to rent my signature to get bitcoin

zimmah

legendary

Activity: 1106

Merit: 1005

Quote from: lynn_402 on June 02, 2014, 05:12:10 PM

Quote from: zimmah on June 02, 2014, 05:09:43 PM

i personally use landofbitcoin while i fitness at home when i take 90 second rests in between.

Usually over the course of a training session i can fill in 70 faucets or more, and it lists the most profitable first.

I would otherwise just be wasting those minutes anyway, so why not get some money out of it?

http://freebitco.in/ is also a great one, probably the best

I'm curious, what kind of workouts do you do where your hands are free enough to go on faucets?

read correctly, in between workouts (90 second breaks)

all these breaks between workouts add up (several different muscle groups, 5 or 3 reps per muscle group, each time a short break in between)

3 times a week.

adds up pretty quickly, made several dollars with it already.

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: zimmah on June 02, 2014, 05:09:43 PM

i personally use landofbitcoin while i fitness at home when i take 90 second rests in between.

Usually over the course of a training session i can fill in 70 faucets or more, and it lists the most profitable first.

I would otherwise just be wasting those minutes anyway, so why not get some money out of it?

http://freebitco.in/ is also a great one, probably the best

I'm curious, what kind of workouts do you do where your hands are free enough to go on faucets?

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: galbros on June 02, 2014, 04:42:56 PM

Facuets can be a lot of fun to get started with, e.g. you have some btc right away. However, the amounts are so low now that you can't even really send them around. The freebitco.in one seems to be the best, but pays out only once a week. For "fun" btc I've found signature campaigns to be the best.

Good Luck!

The best faucets to have some practice money that you can actually use (ie. an amount bigger than the transaction fees), are altcoin faucets. Not because they pay more in a value relative to fiat, but because transaction fees are lower, so you may actually withdraw and use them.

zimmah

legendary

Activity: 1106

Merit: 1005

i personally use landofbitcoin while i fitness at home when i take 90 second rests in between.

Usually over the course of a training session i can fill in 70 faucets or more, and it lists the most profitable first.

I would otherwise just be wasting those minutes anyway, so why not get some money out of it?

http://freebitco.in/ is also a great one, probably the best

galbros

legendary

Activity: 1022

Merit: 1000

Facuets can be a lot of fun to get started with, e.g. you have some btc right away. However, the amounts are so low now that you can't even really send them around. The freebitco.in one seems to be the best, but pays out only once a week. For "fun" btc I've found signature campaigns to be the best.

Good Luck!

DeboraMeeks

hero member

Activity: 588

Merit: 500

Quote from: alex21btc on June 02, 2014, 02:42:51 PM

Yes worth, if you have tons of active referals. And if you working all day on pc, you can do some extra bitcoins.

Thatll get you a max of 0.01 a day for several hours of work.. Not worth it.

Topic: Is BitCoin faucets really worth the time? - page 18. (Read 17473 times)