Bitcoin Forum

"Giant Earthmovers Left Abandoned And Now They're Mine!"
https://www.youtube.com/watch?v=fpZXl4DnMx0

Above we have an example of how to acquire assets valued in excess of $50,000 for "free".

There are abandoned bulldozers, excavators and construction equipment in a remote location on a mountain. Which the legal owners are willing to part with for free, to anyone who is willing to haul them away. The catch is the scrap metal value of the construction equipment isn't enough to make the project feasible. To turn a profit, everything has to be repaired and restored to be fully operational and sold at market value.

There are probably plenty of abandoned vehicles and motorcycles which might be acquired for free, which fall under a similar heading. In many cases, the cost of parts and repairs could be valued more than the vehicles themselves are worth. But of course, there can be exceptions as illustrated in some recent discovery channel reality shows revolving around buying and selling used goods and building junkyard empires.

Are there good methods of legally acquiring free assets people would like to share?

In crypto, we have airdrops and faucets which have somewhat fallen by the wayside and become forgotten it seems. Is there a way to revive interest in faucets and airdrops? How could it be done, how would you do it? Mining also used to be a good method of acquiring free assets. Is it possible to revive crypto mining?

I don't think there is any method to acquire a valuable asset for free, except you are prolly inheriting them from your family or something. In the case of this earthmoving equipments that are old and prolly spoilt, no one is going to give them to you for free unless they know you would spend a fortune in making it work again, and it prolly might not, or it could spoil again after a few weeks/months of your repair. Thus i don't think you are even getting them for free per se, because you are definitely going to put in time and resources into something that might turn out unsuccessful.
Airdrops and faucets are still around i guess, just that people don't see it as being worth their time, it is still along the lines of something that is free would prolly not be worth anything for you. Many of these airdrops also request people to submit their data, thus exchange of ones data for worthless coins is never a bargain.
Do you mean cloud mining? Turns out it is mostly a scam nowadays to enrich the scammer running/providing the service.

One day my uncle told me the following story.  He (the general director of a limited liability company) sold the production shop to the buyer (joint stock company). 

The buyer's lawyer included a condition in the contract that the production hall must be completely cleared of industrial equipment at the time of transfer to the buyer.  For violation of this condition, the seller organization had to pay a huge fine.  After signing the contract, my uncle realized that he would not be able to clear the production hall of industrial equipment by the appointed time.  What to do?!!! 

Suddenly, he had a great idea....  He posted an ad inviting other city organizations to buy this equipment from him.  He set a low selling price, but set one condition - the buyers had to dismantle the equipment and pick it up from the production shop on their own (on a self-delivery basis). 

By the appointed day, the workshop was completely free of industrial equipment.  Uncle sold the production shop, avoided a fine and made money selling industrial equipment.

There are assets that fall under the "low supply" and "low demand" category that can generally yield a good profit if you hold onto them for a certain amount of time or find someone with a good interest in them. Two examples of these could be vinyls and grand pianos - but it doesn't stop there - there's many other items that can be resold for a higher price.

I've seen huge victorian writing desks (that look like they're made similar to antique grand pianos) get listed for between $4000-$16000+. Grand pianos themselves (and organs) are either worthless or worth thousands (and sometimes both at the same time).

There's then the opportunity of transforming things into other items that are either usable or not. There's a decent number of old busses that get turned into campervans, a few airplanes that get turned into hotels. If you make something saught after and turn a profit, you might just be on to something.

Maybe if in my country, get a legal asset in accordance with the law when caring for and empowering a plot of land to produce benefits from that land for a certain period, then legally the land will fully belong to those who care for it, but this law applies during the development growth arrangement. country, (indirectly it is a legally free asset that can be obtained).
If we talk today, I don't think there is anything else, except for working with the government to get usufructuary rights from state facilities with certain rules and no ownership rights except usufructuary rights in profit-oriented empowerment cooperation.

In Crypto, it is common to get free assets with certain rules both in airdrops, faucets and mining. Just as in competitions/celebrations that are broadcast on TV/social media on weekends which give away prizes for free, we can get free assets in the form of vehicles or money or anything else by simply following the easy requirements steps.

In my opinion, this depends on whether the owner of the goods/assets wants to give it or not. By law, if the owner of the goods has released the goods from their status of ownership, both junk and good goods, then anyone who wants them has the right to get these assets for free.

OP, I think you live in the US and if so, you probably know there are states with so-called "bottle bills" which might be an unfamiliar concept to many here.  To anyone who doesn't know, basically if you buy a soda or water or a carbonated drink of some kind, you pay a $0.05 deposit on the can or bottle, which you can later recoup by taking it back to a store that sells whatever brand it is.

Well every time I'm out, instead of seeing junk on the side of the road, on sidewalks, or wherever, I see nickels.  They're everywhere.  In fact, it's a very popular way for homeless people to get a little pocket money.  But man, if only there was some way of collecting all of them just in my town alone.  It'd probably be a week's pay at my regular job, and the supply just keeps renewing itself.

Anyway, there's also collecting scrap metal, which is basically what those bulldozers represent (unless they can be resold to someone who needs one).  Lots of people are scrappers full-time or just do it as a side hustle.  It can be lucrative if you're willing to put in the effort.

It's not something that exists only in the US, because it has existed in the EU for more than 10 years (although I'm not sure if all countries are included). All plastic/glass and aluminum packaging is returned in every shopping center, all in order to protect the environment. In the beginning, there was a lot of such packaging everywhere, but today that is no longer the case because everyone wants their money back.

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Nothing is forgotten, the faucets still exist, the numbers have changed, and the rewards of 5000 satoshis that were before, are now 5 or 10 satoshis, with the fact that every faucet has at least one short link that you need to pass + captcha + antibot links before you get award. In addition, such an activity only seems to be free, because you are investing your time, which is extremely limited and expensive.

I don't know what kind of crypto mining you are talking about, but it was never free because it always required a device + energy + time, and nothing has changed in that regard until today. Do you want us to somehow shut down all BTC miners and have everyone mine again with their personal computers - or do you think we should somehow tokenize crypto mining since you think every problem can be solved with a token?

hydrogen you skipped one economy of the bulldozers

you mentioned scrap metal which is pointless economy when it comes to transport cost of said weight

however. selling PARTS to other miners is lucrative
many miners in remote places pay premium for parts locally to them because the cost of parts shipped from manufacturer become 2x-3x value due to the shipping of remote locations.

there are many that would happily by 2nd hand bull dozers above scrap rate, just for their parts.

so instead of paying more to repair and source parts to make whole vehicles. just resell it on to a local miner as spare parts

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as for crypto
doing an ICO/premine of a PoS is a "free asset" but then trying to finds buyers requires your ICO actually solving a niche/purpose

however having a ICO thats initially merge mined(free to mine via PoW) but has the underlying cost of mining there as a value indicator. which after date X is released as solo/pool mined separate from the initial 'merge mining' method(but still remains PoW). then presents a real underlying cost/value, by which those that dont want to mine it but still want the coin. will happily buy it at value/premium depending on the desire/ned of coin vs the cost/laziness factor of not wanting to mine it at X cost

so having a coin which has a predictable "difficulty jump" where its a known fact that it will cost more to mine it in the future presents a good deflationary asset.
however again the asset has to have novelty/utility to have some form of demand..

this was easy in 2012-2014 when altcoins were low in numbers. but now with thousands of altcoins, the choice is just too wide where no one cares to buy an altcoin just because its a coin. you need to seek a protocol thats PoW (value concept) AND fills niche/need(utility concept)

One thing for sure, crypto mining was not free and it will never be considering the increasing cost of electricity. Let’s not forget the god damn mining equipment’s are so costly they take years to cross the ROI. I’m pretty sure it’s not free.

By the way, those abandoned vehicles seems to be good bait but the question is why haven’t they taken in custody by the locals nearby yet? Might be some other issues, like bringing it from there might cost too much etc.

The only free stuff legally can be acquired is real estates which are under unwanted acquisitions and are for auctions etc. Though it will cost little auction money but it will be next to free stuff.

Depends on the coin that you are going to mine. If we are talking about BTC then yes because the difficulty have increased through the roof but back in time, they say that we can mine a BTC even using only a simple computer and even a USB miner. I think even a powerful smartphone can also handle it. Imagine that? We can also disregard mining but faucets alone can already give us a good number of BTC on the same date where BTC is still not popular but now the faucet rates are reduced dramatically. About the abandoned vehicles.

I think these will depend on the locations. If you are on well developed countries then you can easily get these for free but it will be hard to hunt one in a poorer country.

Well you can run a variation on 1 800 Got Junk.

Offer to empty an attic or garage filled with junk at no cost.

What do you need to do this a truck and a place to sort the junk.

Will you make money sometimes you will.

If I let you empty my 2 sheds and my garage and my attic

you would get sellable items. Likely 5-10k worth of stuff.

Sell it all on eBay and I would take 1-2k you would get 4-8k.

I think most countries have this bottle-bills concept. The arrival of plastic bottles made it disappear though. I use to collect some of these bottles in concert venues and sell them. Construction equipment is heavier, only those with the means to lift them will have interest in it.

People may actually be interested in airdrops and faucets in crypto if they do have a value, of course, they just have to make it at least $1 for participants to get curious even if they are altcoins.

I don't think it's really possible to get any kind of valuable and worthy assets for free unless you do something they ask you to do for them and your work is worth paying some assets because nothing comes for free unless you are the product which means even if they promise to give you free money or free asset the asset if actually no free buy it comes from the job they want you and doing this job sometimes doesn't worth it.

Not to go way off-topic, but I'm curious as to how much the deposit is over there.  If there aren't that many bottles and cans littering the road, I have to assume it's more than the euro equivalent of $0.05.  And that's great the EU has adopted the "bottle bill" model, because not only does it help the environment, but it actually redistributes wealth to a small extent.  As I said, many homeless folks (and people with homes as well) can make enough to survive in the US states that have bottle bills.  Unfortunately, it's only a small number of them.

Oh man....whenever anyone mentions faucets my mind goes back to when I first really got into bitcoin.  There were tons of them, and that's how I acquired my first few satoshis.  I'd still consider what you get from them "free", even if you're spending a few seconds going through the motions of the captcha, ads, and whatever else is required.

And collecting cans is a tradeoff of time, but I see all those bottles & cans on the road as nickels just waiting to be picked up.  It's free money as far as I'm concerned.

Faucets aren't possible to be revived anymore, because Google banned all its ads from them, which were the main income of every faucets. Without Google Ads faucets are unprofitable for operators and users.

Airdrops I think are still a possibility, but projects running them have to organize the campaigns more efficiently. Multi-accounts have been a big issue for this kind of business format.

Crypto mining has never worked for most people, as far as I know, because the income generated is inferior to the energy spent to keep their devices running.

I remember stumbling upon a mahogany coffee table in an auction that is worth more than $20,000 albeit being the most basic coffee table I have ever seen. Compared to today's standards, the design of that coffee table is pretty simple, but the carvings are very intricate. A few drinks and some random chatters after, I found out that this mahogany table is crafted in the 30s and has been very well-kept by its previous owners and is just decided to be sold because they needed the money. Furnitures can be extremely expensive, especially those made with hardwoods with excellent condition. Pianos are also expensive depending on the age and the condition of the instrument. Heck, even old unplayable pianos can be valuable to the right buyer that knows their stuff around these things.


I agree, you have to create the demand in order to reap the profits. Sometimes all you need is a few tools, some spare money to do some work, and your smartphone in order to take cool pictures and post it in social media then bam, you now have a new business that's waiting for you.


Hasn't Google retracted that decision and crypto-related websites now have ads with them? Upon reading here (https://support.google.com/adspolicy/answer/7645254?hl=en), you just have to meet certain conditions in order to have ads on your cryptocurrency-related website.


So you just have to bend over and do as Google says in order to keep their ads running on your content. Yikes.

Probably faucets fall under the condition that you can't reward your audience with money to visit your website. That is considered incentivized traffic.

https://99bitcoins.com/google-just-murdered-99satoshis/

Crypto related sites, like news portals have no issues, I think. But faucets, unfortunatelly are hunted like witches by Google.

When the market is bull run again, these things will come out naturally on demand. That's how it goes and people would like to claim free crypto whether they're unknown to have value in the future, as long as they get it for free.

Faucets may have that lesser demand but I guess there will still be people that would like to try it.

Mining isn't dead yet, it's just that the market isn't profitable due to the fact that we're in a bear market. Just as the airdrops and faucets, it's also going to be the same as the first two.

GPU prices have became lower due to the lesser demand, thanks to the bear.

Thats hard to answer for me because I never really thought about this. Through my career I am only taught or determined by one thing, you sell your skills and earn reward for it. There is no free skills Stuff or free lunch box they say. In the current market that is even harder to get because it's becoming costlier day by day. How one can even find free assets. Also if there is anything free that's being distributed and available then man I am pretty sure there is always someone needy present to get it first. All I was able to get free stuff is chair that was no more used by someone and it was put into our garage. Lolz.

I converted from my local currency and this fee would be 0.07 EUR in my country, but I am not sure how much this fee is in other EU countries. Also, the rule was that you can return such packaging only in the country where you bought it, so tourists leave behind a lot of plastic packaging that means nothing to locals. However, in my country, all waste has been sorted for years, so we specifically collect plastic, paper, glass, biowaste and other mixed waste - which results in a much cleaner country than 10+ years ago.


You have to take into account that each member of the EU can have its own specific laws, and given the language barriers, I cannot say what is happening in Romania or Spain in this regard - but I think it is similar with all federal states in the US, except that you perfectly understand each other because you speak the same language.

There are many stories in my country about how people managed to educate their children by collecting such packaging, and how it is still an additional source of income for them today. I personally know a man who has developed a unique method in this matter, which is that he is well informed about when a celebration is happening somewhere (birthday, wedding) and offers the service of collecting all plastic, aluminum and glass packaging, and rich people usually agree because they don't need that money anyway.


That's how I earned my first Bitcoin, but it wasn't that hard considering the price was around $200 and the fact that compared to today it was very easy to collect satoshis through faucets. A good faucet rotator and a few referrals could generate up to 500 000 satoshis in one day. Of course, from the perspective of that time, it was very little in fiat value, but in later years we all know that this value increased to unprecedented values.

While nothing might ever be truly free, as all opportunities require time at the least.

How about some of these other attempts at acquiring free assets?

Modern Day Treasure Hunter Finds $1,000,000 in a Year! (Best Finds of 2022)
https://www.youtube.com/watch?v=aKyHloj18wM
(This youtuber dives in oceans, lakes and streams collecting whatever lost items he can find. He claims to have *acquired* technically more than $1 million in free assets for 2022.)

Finding Gold In The Richest River On The Island!
https://www.youtube.com/watch?v=1zFhwi48REo
(This youtuber collects free assets like arrowheads, gold and minerals in the wild and seems to do ok from a financial perspective)



Regions like venezuela once offered free electricity to residents, which was used to mine crypto back in the crypto mining golden age.




Try looking at shipping prices of items on ebay.

It is possible high cost of shipping is restricting everything.

This is a good idea and an opportunity that be useful vut only on a largw scale producer where it is applicable, here the production companies that are into manufacturing of metal materials can outsource for this spare parts and use them into finished product by manufacturing and refabricating them, but it may not really work for an individual because of the demand and required facilities needed for evacuation.

If you get something for free, then you are the product. In your case of people giving these earthmovers for free, you are giving them the service that they would otherwise have to pay expensive money to do. There is no guarantee that you'd even be able to sell these off given the fact that they sre most likely worn down and would not be valuable besides for scrap. Then again if you are good at flippijng items for money this could actually be a good gig to earn a few bucks but for the regular joe this may not work as intended.

I get the sentiment on OP's post though, stating and supposing that there's money to be made if you know how to look around which I would agree.

i simply mean
instead of you driving to the mountains. to then drag the dead dozer back to your location, to then repair it into a working vehicle to then sell as working vehicle to another guy in the mountains...
or
instead of you driving to the mountains. to then drag the dead metal back to your location, to then sell as scrap locally

have you thought about. researching the dead dozer holders location in the mountains for other companies IN THAT location. to just get for free the bulldozer and just drive it to his neighbour to sell it to them as a dozer for them to use for spare parts

EG if the dead dozer only needs 20% of parts to make it work. it means its already got 80% working parts already. so you can sell it for like 40% of full value as just a cache of spare parts for the mountain mans neighbours and all it has cost you is some fuel between neighbouring companies in the mountains

EG
your plan
you--------->mountain┐
| repair<---------------┘ sell for hopeful 60% working second hand
|   └----------->buyer┐  but cost you more fuel parts and time to repair
└----------------------┘                          

instead of
you--------->mountain┐
 |                               |  sell for hopeful 40% as mostly good parts.
 └-----------buyer<----┘  zero repair time and less fuel

Interesting- then what is stopping people from acquiring these so-called "free assets"? For example, an abandoned luxury (or any cheap model) car may be acquired by anyone and could be sold for the scrap metals they possess.

Though I remember I watched this documentary about some abandoned vehicles in Dubai in which the owners themselves do not recover it. Most of them abandoned these cars since they cannot pay the remaining balance, so they fly away to some other country and the government retrieves the said assets. If you truly want to purchase these cars, then the person has to pay the remaining balance in order to get it.

I do think that nothing is free in this world. There is always that proportionate equivalent which may not be in a form of "money" but time, patience, and skills which are considered the trade-off of such.

A lack of demand, a lack of space and an availability of tips and other places to dispose of.large waste products fairly easily (some people will pay a fee to get rid of large possessions).

Sometimes these low demand assets also become high demand too. There's enough occasions where things like video games and vinyls retain their value or go up in value (compared with inflation) after they've become rare or sought after.

There's occasions I've seen where cars are left without their tax being paid because they stop being roadworthy and it's deemed cheaper by the owner to change the plates and dump it somewhere to have it towed by the government after a week rather than paying someone to remove it.