Topic: U like [btc]? U have to use a faucet. (Read 1757 times)
There are other ways in which can earn money from. There's tons of it. There's trading, signature campaigns, you can offer services too, or even buy and sell stuffs. Faucet might be something that you can earn from when you're just starting, but it's a total waste of time. Bitcoin can remain popular and useful even if we don't use faucets. Who use faucets up to this day anyway? IMO, this thread isn't helpful at all. It's not worth discussing.
this is such a stupid topic 
i like bitcoin but i like it so much that i think faucets are destroying bitcoin actually because it has created this illusion in the head of some of the newbies that earning bitcoin is hard and you can only earn 100 satoshis and they are satisfied with it.
i like bitcoin but i like it so much that i think faucets are destroying bitcoin actually because it has created this illusion in the head of some of the newbies that earning bitcoin is hard and you can only earn 100 satoshis and they are satisfied with it.
Not sure if this is some sort of low-key advertising the use of faucets since there's been quite shortage with that lately or OP was actually serious about this. But just because he's serious about this, doesn't mean this idea is real and not absurd.
Thinking of the owners of faucets, they don't actually have that much Bitcoins that is why they've made their own website, and put up a lot of advertisements in it. Those faucet owners doesn't have that much and that obviously mean that their faucet sites doesn't hold that much funds. There are even faucet sites that shows the current funds that is still available and most of them are either really really low on funds or is not enough to pay a faucet user.
Adding all those little funds that faucet sites hold, even if there's a lot of them, doesn't make a lot of Bitcoins. I feel that if faucets are all gone, we won't even notice it.
Thinking of the owners of faucets, they don't actually have that much Bitcoins that is why they've made their own website, and put up a lot of advertisements in it. Those faucet owners doesn't have that much and that obviously mean that their faucet sites doesn't hold that much funds. There are even faucet sites that shows the current funds that is still available and most of them are either really really low on funds or is not enough to pay a faucet user.
Adding all those little funds that faucet sites hold, even if there's a lot of them, doesn't make a lot of Bitcoins. I feel that if faucets are all gone, we won't even notice it.
If you like BTC you have to use at least one faucet.
Imagine when all of a sudden, all of us stopped using faucets, how the market cap would shrink along with the bitcoin price? I would say, a lot. I have no specific data ( if any ) on how much cap is consumed by micro-earnings, only speculations tell me that it can be more than 20%.
In order to keep BTC demand at current rate, any one should use some
form of micro-online-earning systems, so that faucet owners can keep buying more, resulting in steady/constant demand growth.
Imagine when all of a sudden, all of us stopped using faucets, how the market cap would shrink along with the bitcoin price? I would say, a lot. I have no specific data ( if any ) on how much cap is consumed by micro-earnings, only speculations tell me that it can be more than 20%.
In order to keep BTC demand at current rate, any one should use some
form of micro-online-earning systems, so that faucet owners can keep buying more, resulting in steady/constant demand growth.
The marketcap consumed by micro-earnings or faucets which is 20% or whatever will probably add up to some other thing if people stop using them or they disappear as the demand of bitcoin is already a lot in the community and none of them are willing to choose micro-earnings to fulfill their demands.
I do like btc, but I think faucets are the goddamned devil 
Can't I just buy some?
Can't I just buy some?
I think you're just kidding bro! "If I like BTC, I've to use a faucet" this is really insane. I like paper currency, so I've to use PTC websites? Or some other websites like this? Nope.
Bitcoin doesn't depend on faucets.
Bitcoin doesn't depend on faucets.
Haha are you really trying to convince long time members of this forum to do faucets?? Common the money flowing through all the faucets in the world combined wouldn't make even a tiny dent in Bitcoin's market cap. Plus faucets are geared primarily toward newbies because only newbies, veiled in their initial awe of Bitcoin, will consider spending time collecting these tiny amounts. I, myself, as a newbie did faucets for about 2 weeks before I realized that I wasn't gonna get anywhere fast and stopped.
Common the money flowing through all the faucets in the world combined wouldn't make even a tiny dent in Bitcoin's market cap. Plus faucets are geared primarily toward newbies because only newbies, veiled in their initial awe of Bitcoin, will consider spending time collecting these tiny amounts. I, myself, as a newbie did faucets for about 2 weeks before I realized that I wasn't gonna get anywhere fast and stopped. If you like BTC you have to use at least one faucet. EDB3 :o3
Imagine when all of a sudden, all of us stopped using faucets, how the market cap would shrink along with the bitcoin price? I would say, a lot. I have no specific data ( if any ) on how much cap is consumed by micro-earnings, only speculations tell me that it can be more than 20%.
In order to keep BTC demand at current rate, any one should use some
form of micro-online-earning systems, so that faucet owners can keep buying more, resulting in steady/constant demand growth.
Imagine when all of a sudden, all of us stopped using faucets, how the market cap would shrink along with the bitcoin price? I would say, a lot. I have no specific data ( if any ) on how much cap is consumed by micro-earnings, only speculations tell me that it can be more than 20%.
In order to keep BTC demand at current rate, any one should use some
form of micro-online-earning systems, so that faucet owners can keep buying more, resulting in steady/constant demand growth.
you are delusional my friend. the fact that you are using faucets or even own a faucet doesn't mean the world is as small as what you see.
there are a lot more ways of using bitcoin and so many other ways of earning and using bitcoin that faucet usage is lost among them and besides anybody with a couple of seconds of calculation can find out using faucets is not good.
I remembered before when im suffering earning bitcoins on faucets, I feel that it is very very slow. It is better to try gambling using gambling faucets to win bitcoins. Its more faster, Newbies are the one who are using bitcoin faucets
legendary
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Faucets are good for people who are beginning to use bitcoin and spending some free time everyday they can see their wallets grow. However they not that profitable in the long run.
Also the fact that faucet owners buy bitcoin to pay the users is true but that wont change the marketcap much in my opinion. It the large volume traders who manipulate the market by trading huge amounts and not the faucet owners.
Also the fact that faucet owners buy bitcoin to pay the users is true but that wont change the marketcap much in my opinion. It the large volume traders who manipulate the market by trading huge amounts and not the faucet owners.
Maybe true if many people are using the faucet, but only a few people are use it and I think no effect on market cap. This method works when the faucet increase reward per claim.
If you like BTC you have to use at least one faucet. EDB3 :o3
Imagine when all of a sudden, all of us stopped using faucets, how the market cap would shrink along with the bitcoin price? I would say, a lot. I have no specific data ( if any ) on how much cap is consumed by micro-earnings, only speculations tell me that it can be more than 20%.
In order to keep BTC demand at current rate, any one should use some
form of micro-online-earning systems, so that faucet owners can keep buying more, resulting in steady/constant demand growth.
Imagine when all of a sudden, all of us stopped using faucets, how the market cap would shrink along with the bitcoin price? I would say, a lot. I have no specific data ( if any ) on how much cap is consumed by micro-earnings, only speculations tell me that it can be more than 20%.
In order to keep BTC demand at current rate, any one should use some
form of micro-online-earning systems, so that faucet owners can keep buying more, resulting in steady/constant demand growth.
Interesting theory.
I`ve never used faucets and i will never use them.It`s a waste of time.
I don`t think that btc price depends on how much faucet owners buy btc to giveaway to the faucet users.
I must admit that I started with faucets.
But faucets were more creative at that time, and the amount they paid was worth at least a little something.
These days faucets are flooded with advertisements in letters I can not even read and you get 100 Satoshis per claim!
100 Satoshis! If you are lucky! With the chance to get a nasty virus that destroys your computer. That's ridiculous!
Nobody today can make amounts with faucets that are worth the time you put in it. Not the user, not the owner.
The only people who profit from faucets are the ones behind the bot atacks. And I really don't want to support those.
But faucets were more creative at that time, and the amount they paid was worth at least a little something.
These days faucets are flooded with advertisements in letters I can not even read and you get 100 Satoshis per claim!
100 Satoshis! If you are lucky! With the chance to get a nasty virus that destroys your computer. That's ridiculous!
Nobody today can make amounts with faucets that are worth the time you put in it. Not the user, not the owner.
The only people who profit from faucets are the ones behind the bot atacks. And I really don't want to support those.
iam only use faucet to find bitcoin
i have not faucet iste, iam not owner faucet site
i have not faucet iste, iam not owner faucet site
Thanks for your thoughts so far guys. Some posts though... so much anger, much wow 
I suppose my initial claim was kinda wrong but lets check something here.
If a successful faucet, like for example faucetGo, can pay out 2.5BTC in a week -> this gives 10BTC in a month. There are ~1400 faucets in faucetbox alone (BTC and others combined)
Raw calculations tells me that ~14KBTC is needed every month to sustain status-quo and this is for faucetbox alone. Don't know how many stand-alone micro earnings websites are out there but those numbers can easily double. Now how about surveys providers? Those are also paying serious amounts every day. I would say that 40K Bitcoins are being spread across the globe every month, just from micro-earnings/faucets. Try to see a bigger picture here. If this branch is no more than 40K have to have some overall impact on the BTC price.
Don't get me wrong, I'm not saying you what to do with your time
just wondering that's all.
I suppose my initial claim was kinda wrong but lets check something here.
If a successful faucet, like for example faucetGo, can pay out 2.5BTC in a week -> this gives 10BTC in a month. There are ~1400 faucets in faucetbox alone (BTC and others combined)
Raw calculations tells me that ~14KBTC is needed every month to sustain status-quo and this is for faucetbox alone. Don't know how many stand-alone micro earnings websites are out there but those numbers can easily double. Now how about surveys providers? Those are also paying serious amounts every day. I would say that 40K Bitcoins are being spread across the globe every month, just from micro-earnings/faucets. Try to see a bigger picture here. If this branch is no more than 40K have to have some overall impact on the BTC price.
Don't get me wrong, I'm not saying you what to do with your time
just wondering that's all.
If you like BTC you have to use at least one faucet.
Imagine when all of a sudden, all of us stopped using faucets, how the market cap would shrink along with the bitcoin price? I would say, a lot. I have no specific data ( if any ) on how much cap is consumed by micro-earnings, only speculations tell me that it can be more than 20%.
In order to keep BTC demand at current rate, any one should use some
form of micro-online-earning systems, so that faucet owners can keep buying more, resulting in steady/constant demand growth.
I think it wouldn't make a tiny bit of difference to btc's price if faucets sites disappeared, micro earning sites do help newbies to get started with bitcoin but they don't power 20% of market cap.Imagine when all of a sudden, all of us stopped using faucets, how the market cap would shrink along with the bitcoin price? I would say, a lot. I have no specific data ( if any ) on how much cap is consumed by micro-earnings, only speculations tell me that it can be more than 20%.
In order to keep BTC demand at current rate, any one should use some
form of micro-online-earning systems, so that faucet owners can keep buying more, resulting in steady/constant demand growth.
If you like BTC you have to use at least one faucet. -
Imagine when all of a sudden, all of us stopped using faucets, how the market cap would shrink along with the bitcoin price? I would say, a lot. I have no specific data ( if any ) on how much cap is consumed by micro-earnings, only speculations tell me that it can be more than 20%.
In order to keep BTC demand at current rate, any one should use some
form of micro-online-earning systems, so that faucet owners can keep buying more, resulting in steady/constant demand growth.
Imagine when all of a sudden, all of us stopped using faucets, how the market cap would shrink along with the bitcoin price? I would say, a lot. I have no specific data ( if any ) on how much cap is consumed by micro-earnings, only speculations tell me that it can be more than 20%.
In order to keep BTC demand at current rate, any one should use some
form of micro-online-earning systems, so that faucet owners can keep buying more, resulting in steady/constant demand growth.
this is not true and it does not even make any sense!
neither faucet users nor the faucet owners make any significant money so you can even call it a percentage of daily volumes! at best it is only 0.01% of the total volume which is transacted everyday with bitcoin and that percent is with a lot of room.
p.s. what does your yobit key giveaway has to do anything with anything here that you posted a link to it in your OP?!!
Faucets are good when people first learn about Bitcoin.
It gives you a chance to get some coins, make a wallet and store them.
Then you can practice sending/ receiving some coins so you know how to make a transaction.
But once you have that knowledge, a faucet pays so little for your time.
You will be lucky if you earn a couple pennies a day from all the sites put together.
There are simply better things you can do with your time.
It gives you a chance to get some coins, make a wallet and store them.
Then you can practice sending/ receiving some coins so you know how to make a transaction.
But once you have that knowledge, a faucet pays so little for your time.
You will be lucky if you earn a couple pennies a day from all the sites put together.
There are simply better things you can do with your time.
...The wealthy people think faucets are a waste of time and the poor think it is FREE money and Manna from heaven....
only idiots think faucet is Free money or even a good way of earning money because there are so many downsides in using a faucet.
the waste of time is the most obvious one that everybody would think of as soon as you say faucet!
but another important thing that is usually ignored is that using faucets will create lots of dust (micro UTXOs) in your wallet and when you want to spend them you find out that you have to pay a couple of days worth of faucet work to pay the fees.
also another important thing is that you can get infected with malwares just by visiting a website especially since they force you to turn your adblock off!
This is just nonsense, i clicked the option on the poll. Even though faucets are part on bitcoin ecosystem but still it wont affect much even people would leave all those faucets things because its really a waste of time and effort and people would surely find another way to earn even more and also faucet sites are gradually decreasing because its not profitable nowadays for the owners of it.
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