Topic: What were your experiences with Bitcoin when you first started? - page 74. (Read 55268 times)

I came to know about bitcoin during the past year same time, but I did't believed in it when two friends explained me. Once got to read a article about bitcoin, which has given me hope and started using within few months.

My experience when starting bitcoin, it tested my patience because I want to have many bitcoin, but there I thought that it was not as easy as I can get bitcoin,

but this is where I had to fight to be able to get bitcoin, although it takes a long time

When i first started at earning bitcoin i always invest in those hyip and ponzi sites. That time i think it is a legit way of passive income and can last for many years until most of them become scam. Before i even reach my roi i already lost my bitcoin invested to those sites. I also get addicted to gambling and lost many bitcoin. Until i find about this forum and now i'm just focusing here to earn.

Started at faucet and I am always excited about it even if I am just earning 100k satoshis per day. That is my quota per day before I stop. Then suddenly I just get bored by it and looked for other work that can earn bitcoin. I have tried some surveys and luckily it all paid me. Some are video streaming which they will pay for just watching it until the end. Those are the old times and now people dont want that, they want something that can make them earn faster. But me I dont regret it. Because of that I have learned a lot.

First, i started to earn bitcoins by joining signature campaigns. Then i tried faucets and ptc sites which turned to be a mere waste of time.I decided to mine altcoins but i was not satisfied with the outcomes.Then i purchased altcoins and started trading.First since i was new to trade, i suffered some losses, but now i have become an active trader.

I first found out about Bitcoin reading a blog post about it online if I remember right. I was not interested in mining or trading crypto currencies so I focused on using it as a means of digital money and of course for investment because I had heard its value would keep increasing.
I am interested in bitcoin and try to get it, it was very difficult. I tried to get just from faucet. I even difficult to get 0.001 within a week. until at last there was a giveaway of stellar. I get a result that is high enough. I used to be very confused with how transactions were confirmed, and was always confused between miners and those who ran nodes. Over time I started learning most of it from Bitcoin wiki's and on reddit.

I started bitcoin A few week ago.Some how I entered It.When I work on it 1st I have no idea about Bitcoin.then I feel worst. I thought I should  Out from this. But after Research about Bitcoin I really Happy that I work On it.Now I feel better.

When i first started , i didnt even know what This World was all about .
Started as a Newbie , There was only one campaign that would take Newbie's.
But later on i kept posting and now i am an official Member.
It was very hard to post at the beginning , know how to post and stuff.
But now i have a firm grip over such stuffs.
It was a tough path , but now its pretty straight.

Faucets are just made for newbies to help them get started into a specific cryptocurrency. While you cannot expect to earn a living out of it, it serves as a great learn about how cryptocurrencies work, as well as as earning "free" money for safekeeping in the long term. If you manage to save your faucet earnings into a paper wallet like I do, then you can expect to earn some profit as BTC price rises over time.

As for ponzis, I have been scammed to many times by using services such as Bitcoin doublers, and cloud mining like cloudminr.io. At that time, I was not very knowledgeable about Bitcoin, and always fell for these schemes. If I knew about this earlier, then I would've saved a lot of money. 

Same used to happen with me. When i first joined bitcoin i knew nothing else then claiming small amounts of satoshi from faucets and my daily income was like 30k satoshi or something which i used to consider a lot even though the price was really low at that time, but as you said now i earn around 0.04 btc a week and i still feel i'm earning less.

I doubt its credibility when i first knew it,i just ignore someone telling me that its really existing.That proves me when i saw him get his income and it was totally amazing.I was encourage by then,since i have nothing to do then i really want a job even just a smaller income.I finally convince and i found it very interesting.For now im just enjoying my job,it gives me a reason how to value my time management.Hopefully,i'm with this for a long period of time.

that was sad experience. so have you found a way to not being scammed anymore?

well, I myself first heard about bitcoin in 2014 from my friend, but I didn't believe about online earning before because I have seen so many online liers. but when I saw my friend got profit and when I needed money, I asked him to tell me about bitcoin more. and then I joined this forum first for more details in the end of 2014. and then I got many lessons from this forum.

yes to me it was a great felling, it was really look like that if i have started a new business.  think that for the first time when i start using bitcoin at that time bitcoin was trading below 500 USD.

Of course it is mostly about a human factor - about us. But I can say I'm still quite surprised, that bitcoin's popularity still grows, because first, it is hard topic to understand, it takes a lot of time to get into the problematics. And second, after all the problems (scams etc.), people still want to give their attention to the project, they still believe in bitcoin.. So there must be something really strong on it.

Posted From bitcointalk.org Android App

 At the beginning, I was using faucets for earning satoshis. I played some games which give you a few bitcoins after hard efforts. I used PTC websites. Solve captcha and earn money, survey and quest websites. Now I am earning my money with the trade.

My first experience in mining bitcoins is i just only earn 1k to 5k satoshi a day just in the faucet and i really tired because it is very slow to earn bitcoins and you need to wait every 30minutes in faucet and the price of bitcoins is very low but now i can earn 1million satoshi a daw.

Well it was April 2014 when I created this account, and way back then I was very skeptical of what's going to happen, but I also wanted to learn how it works so bad, so I registered into bitcointalk then it was asking me to pay 0.00008752 btc so I though "this shit site is scamming the hell out of me". Welp, I played with a few faucets up until I got the required amount to register here. The rest is history; I understood how it works and why many people really like the concept of it. From then on, I started allocating a portion of my allowance every week to buy btc and keep it.

First I was very naive. I came here from the "get rich quick crowd".

When I first installed Bitcoin Core, I thought I will get money there automatically, and I just have to sit back and become rich. I was  very naive.





I started with faucets, and done a few, but the faucets shown their payouts in mBTC, and I didn't know any better so I thought those were BTC's.

Back then you could get 50,000 to 100,000 satoshi / hour from faucets , and they have displayed that in mBTC, so 100k satoshi = 1 mBTC, and I thought that was BTC.


So i thought I was getting 1 BTC / hour, and then the price was 1000$. So I thought I was making 1000$/ hour.

I used to do faucets for 3-4 hours, and made over 0.1 BTC, and I thought I had 100 BTC or 100,000$.



I was so happy that I bought a champagne to celebrate. What an idiot of me. I really thought I made 100,000$.

Then I saw that the payment was not coming, and went to check out the faucet, to see what the fuck was going on. I checked my address, it was correctly put.


I have waited 1 week, and then I was really nervous, I wanted my 100,000$. Then I went to check that faucet, and the website was down.

It turned out to be a scam faucet. 3-4 hours of writing CAPTCHAS for nothing. It's not just that I was fooled into believing that 100 mBTC was actually 100 BTC, but I didn't even got the 0.1 BTC that I worked hard for.



So my first experience was that I got scammed. And then I got scammed later too, by some fuckhead altcoin scammer, and other times. So my experience with Bitcoin was not that good.

Getting to use bitcoin for me was  an easy thing to adapt to as the technology always pushed me to learn something new and am glad I got to use faucets at a time the paid well and minning was profitable too for many but unfortunately time as changed and in certain territories regulations are being enforced but happy  we all adapting well.

I think mostly bitcoin user ever tried earning bitcoin thru faucet, like me too personally, I think faucet is good as started for understanding about how transaction works without spending cost, but not worth for earning.

And mostly bitcoin user ever got scammed by kind of bitcoin service which have ponzi scheme, I also but not money, it's my time.
I have been ever scammed too, by kind of exchange services, wallet. Fortunately not by ponzi scheme, because I'm always skeptical to investment system.