Bitcoin Forum

For a big time I thought that one satoshi equals to 0.000000001 BTCitcoins. But, I missed for a whole decimal. So, I thought that 100k satoshi equals to 0.00001 not 0.0001 Bitcoins. I choose 100k for an example because I'm earning that much daily with a faucet. It is enough for me since my earning are low anyway. So ai thought it was too pow for me, but it's not.

A big miss from me, I was in this lie for 3 months and just found out today. I am blind...

The main problem that I see here is that you are wasting your time in faucets. Doing just about any kind of work will net you more money than they will. Anyhow, here are some other units that might be useful in the future:

I'm just using it for 5 minutes a day, I'm not losing much time on them. The main place where I earn Bitcoins is here, by signature campaigns. But my rank is low so I'm pretty much a newbie, so probably no one is trusting me.

Thanks for the units.

The mistake is in your thought process. There is no easy money in bitcoin world.

Don't be sorry... Our hole life is a big lie. We have been fooled for centuries and today still the same thing happens and people take no action. Democracy is just the Dictatorship of the Maçon and the working system is a new kind of slavery but no one even care to think about it!

try to offer any kind of skill as a service in here. Writing articles, designing logos, artwork, coding, webdesign, ecetera. I am sure you will be able to earn much more then with the faucets. I never invested time into faucets.

Just do your normal job or get one, buy as much as you can afford each month & HODL. That's what pretty much everybody does. There are no shortcuts to big money.

Faucets are just to learn how is working wallet and what are cryptocurriencies. Your main mistake is the fact that you thought that the faucets are there to make money. ;)
Nobody gives you money (or Bitcoin) for free, if you want to earn some BTC check this thread:
https://bitcointalk.org/index.php?topic=985550.0

So now you learn better to don't waste your time by claiming bitcoin in faucet they are not the best source and they are paying few cents in every claim..
many other ways to earn more here in our forum. some ways are look for a bounty which is you can found in altcoin announcement you can found many bounty there paying altcoin like translation and post it in your board section in your languages.. you will receive the payment bounty that you can sell it in 0.005-0.2 depends how much the altcoin value..  this is the best i think that you can make bitcoin than lying ..

Well, faucets earn you more than you thought they did, which is good news. But they still don't get you very much money and probably not enough to make it worth it, so overall, it doesn't make that much of a difference that you had the decimal wrong.

First of all i would suggest you to enjoy your life and leave for a while the faucets, you will understand then that the time you were spending on faucets was useless. Try something bigger, "invest" in your education by learning new things, programming things or anything else, or try to experiment with trading to earn a little bit.

Well it's a nice lesson  you've learned there. The main one being if something sounds too good, it probably is. So next time make sure to make some calculation first in a spread sheet for example. Then after a few days check your calculations again by seeing how much you've earned.

If you do this, you won't be disappointed again.

My friend, to be realistic I would not recommend you to spend much time in faucets, because getting 100,000 satoshi every day (at the current price of bitcoin) is equal to ~$0.55 . There are many other activities in real life or Internet where you can easily gain much more for your valuable efforts, and getting even $10 per hour you could buy almost 0.02 bitcoin every hour  ;)

yes, but people still believe that faucet could be profitable...
or even the signature as a good way to earn money. but are only small peanuts that can't help for nothing just for appreciate this new way to save/spend wellness.


yes is a good amount for make "nothing" but in the real world you can't buy a cigarette pack... so it's even time wasted

I am missing something:
100k satoshi are equal to 0,001 btc and not 0.0001 or 0.00001 ...

With a faucet you can't earn anything because you waste a lot of time for nothing.

OP either you're very young or you're one of the biggest drama queens this forum has ever seen.   Just wait, you'll see disappointments and traumas mich worse than this. Life will shit all over you.  After it does then come back here and tell us if you're still grieving about that decimal point.

To funny. Drama has always been around in Bitcoin that's for sure.

this forum some times have post like this one... we are not sure if it is a joke or not ;)

Yes there is no easy way to earn bitcoin, you need do some task, trading altcoin to gain your bitcoin and the mean of all that is you need do something to get money in your life.

Haha it also never happened to me, but I am more fortunate in just a few days read in bitcointalk I immediately understood. But till now I also still wrong because there are too many 0. This site maybe can help you http://www.btcsatoshi.com/ (http://www.btcsatoshi.com/) thank you

Just be patient here. You do not always earn trust easily or in a short time. I agree that faucets are not going to give you any benefit so, just try anything you can like signature campaign and you will get there. There is still much to learn. :)

Yeah it happens it happens, when I started bitcoin I also got confused between so many different units. So to avoid the confusion I started using only the main unit BTC I totally avoided calculation in Satoshi or mBtc.

We need a simpler break down how to communicate the value of a BitCoin...

I like Satoshi, but isn't 1 Satoshi = 0.00000001 BitCoin?

Since BitCoin can be broken down to 8 decimal points, could we communicate something like:
"I'll send you 82,123,456 Satoshi... OMG that's still too complex, because that not even $1,000. We can't have 10 numbers for large trnsactions.

There I go again, confusing myself.

Lol, i'm like you when i still newbie and new about bitcoin. I'm sure it's because faucet right, in the first time i also missed that satoshi equals. For now i'm okay with that.

Thats quite big problems, too many 0 and its easy to miss one. So if bitcoin will be worth 100000$ and we will be transfering 0.000005 as payment for smth, its easy to mess right amount of 0 :|

Lol in 3 months you are foolen by bitcoin, in 3months do you try to earn more? By not using a faucet? Or do you ask anyone? or told you? Its very long time that you are mistaken, Ive started earning in january 2016 but before i start using it i read faqs too, to not anyone try to scam me

 
Already happened to me  ,but it was only a week before i noticed that im earning 0.001$ per day on faucets,unlike to you that it took for 3 months.,some of the members here done that also.

i dont think so. our lives are not lie. our lives are fact. life is very precious. its is a gift of Allah we should take care of it. it is awarded ones in life. we ourself just make it a lie. doing wrong things and thoughts make it lie.

Ahh jeez, I had that problem as well when I first joined bitcoins. Had no idea whatsoever how much this was worth and that was worth, simply because I messed up all my calculations.

That's why mBTC and Bits come in handy. Bits especially(100 satoshis). Remember that 100 million satoshis make up one bitcoin.

The only time when you will refer to something in bitcoin in satoshi, is when you're faucet farming and when you're gambling with dust. Both are pretty bad.

well that's usually happen when you're on some faucet,they offer big reward for every claim for example 10k satoshi when you realize it's not 10k satoshi but 1k they just adding few zero after comma,blatant trick to attract some visitors for their website ads i do say

had the same problem in the beginning , thinking i was making more money at faucets then i realy did, when i found out how litle i made, i stopped doing faucets not worth it.

I think you are talking the truth here, in Italy in some areas in South Italy more which is not as much developed as North Italy ,some companies have started working on Saturday (totally contrary to EU code of work) and also totally contrary to Italy itself code of work. I took Italy as an example as its a country in the EU, but if we go to the Balkans, they are being treated like real slaves from their employers. And yet no one gives a damn just like you say. Slavery is all over us and no one gives a damn, thats very sad.

Three months is indeed a long time to be fooled or misled it happens to me but I soon found out only after 4 days but you can also see that in your own wallet like blockchain,you can how many decimals are there ,well I guess with so many zeros on it any body can be fooled too..

if bitcoin is a million $ then a satoshi is 1 cent.

Faucets are only a waste of time, if you do not know how to maximize the profits from the referral network. If you worked hard on the referral side, you would not have to solve a single Captha. The

people in your network will generate the income for you. That said, there will always be better ways of spending your time, and solving Capthas are not one of them. I generate a lot more income from

my hobby, and this is then converted to BTC to make some profit from the volatility.  ;D