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Topic: Would faucets be worth it if you thought Bitcoin will reach $1-10 million? (Read 2961 times)

legendary
Activity: 1134
Merit: 1002
Nope, and others have already explained the reasons several times in this thread.

BTW, if bitcoin price reaches a million USD, it is very likely just because of a hyperinflation in USD.
legendary
Activity: 1134
Merit: 1002
coinlearn. They have pretty easy captcha and decent payment.

The payment may be decent at first, but it will get to a terribly slow rate in the end. Wink
https://bitcointalksearch.org/topic/coinlearnorg-newbie-learning-hourly-earning-435257
legendary
Activity: 1848
Merit: 1009
coinlearn. They have pretty easy captcha and decent payment.


But I think the games and round still more effective. Not speaking about the marketplace.
sr. member
Activity: 430
Merit: 250
Agent of Chaos
Good question, if im not wrong, i remember not long ago, faucets were giving 0.01 thats about 5 bucks today  Cheesy

Yep, but not anymore. You're not gonna get faucets that pay in mBTC these days, that's the difference. It's all based on ad revenue these days.

Newbies gotta look elsewhere than faucets. (Hint hint, go get your free STR and sell them to me Smiley)
sr. member
Activity: 462
Merit: 250
Good question, if im not wrong, i remember not long ago, faucets were giving 0.01 thats about 5 bucks today  Cheesy
sr. member
Activity: 322
Merit: 250
How many new millionaires would pop outta nowhere if this happened? And how are we going to see even 1 million in our lifetimes?
I wish but my realistic big goal for the next 10 years or so is 10K. That would be pretty rad.
hero member
Activity: 988
Merit: 1000
You'd still be better off getting a job and buying bitcoins with fiat in the same amount of time, unless you are somewhere in the world you literally earn 1c an hour
It would actually be much less then $0.01 per hour using faucets today.

In the time that faucets gave out 1 BTC per day, BTC was trading at much lower levels. The amount you could earn per hour was about the same when you convert the BTC to fiat.

You cannot and should not assume that the price of BTC is going to rise when you accept payment in BTC, you need to use the current value. If you think the price will rise, then you should use fiat and/or other goods/services to buy bitcoin via an exchange or via trading.
sr. member
Activity: 412
Merit: 250
oh the monetary value? no im talking about experimental money, its numbers isn't it! forward them onto Crypsy and mess about with the exchange, learn how it works and then try it with real money!  i made mistakes like forwarding coins to a website and loosing them due to some error.  But the value is peanuts yes! so what to be honest if i loose 10000 satoshi because of a pump dump!
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
some people say they are waste of time, i say they are a useful waste of time as it helps understand the coins
Not really, most of them have very low payouts, they have limits of at least 0.0001. You are better to read about this and understand about everything before you start wasting your time for faucets, even a dollar equates to 10 times of your continuous fauceting for one hour. It is a better choice to know if the coin is suitable for you before deciding to participate in it.
sr. member
Activity: 412
Merit: 250
some people say they are waste of time, i say they are a useful waste of time as it helps understand the coins
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
You're better off looking for change on the street and buying bitcoins with the found money. Faucets are a complete waste of time.
full member
Activity: 167
Merit: 100
Are there any good online survey sites which would pay in Bitcoin?

No, there arent any "good" survey or faucet sites. Take others advise here.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
Are there any good online survey sites which would pay in Bitcoin?
Survey sites are like those faucet, they don't usually pay high and the number of surveys should be quite low. They are either scams or pays very low. I haven't see any good survey sites, you can write reviews for BTC at the service section.
sr. member
Activity: 270
Merit: 250
Are there any good online survey sites which would pay in Bitcoin?

There are a few I believe but like faucets they're a complete waste of time and effort. Spend your time doing other things and you'll be better off for it. Seriously, would you really spend time filling out stuff for a few cents? I doubt it.
JJB
full member
Activity: 131
Merit: 100
Are there any good online survey sites which would pay in Bitcoin?

What do you mean by good?
member
Activity: 76
Merit: 10
Are there any good online survey sites which would pay in Bitcoin?
hero member
Activity: 873
Merit: 1007
Continuing to work and investing in bitcoins would be a lot more better than faucets in my opinion. Faucetting and hoping that bitcoin will keep raising in price is just assumption and to be fair doing things on assumption never really works out.
This is probably the best post in this that summarizes why faucets are bad.

I'd buy Bitcoins with money from a minimum-wage job as opposed to using faucets.

None of this faucet slaving stuff, it's not viable for much. Just good for literal experimentation.

But even making the assumption that the fiat conversion price might inflate 1000x fold, you would still be better off doing whatever you could to acquire the most Bitcoin per hour.  That is essentially the same as making the most fiat per hour.... and faucets pay less than trying to sell urine samples  Cheesy
JJB
full member
Activity: 131
Merit: 100
People really need to realise that faucets will never be worth it. I understand the appeal of getting your first free coins but there are much easy ways as already mentioned in this thread.
legendary
Activity: 1582
Merit: 1064
Take the change in your pocket and convert it to bitcoins, if you thing it will reach $10million.
hero member
Activity: 624
Merit: 500
Thing is, it's not just that faucet payouts went down in fiat terms, it's that they became tied to ad revenue. Since that is so small -- and will stay so small -- return is going to be very limited. Just save up to buy a bitcoin, or half of one, and hold for the future IMO.
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