user210822 (OP)
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December 20, 2023, 06:45:55 AM |
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And how do you get the profit afterwards? I mean what kind of transaction you use to get the assets? I understand it is peanuts one can get from there. But nevertheless. Is there a risk of AML catch there? What is your opinion? At the moment me myself get the dust off the BestChange exchange aggregator and in seek of other opinions. There's not much way of BTC acquire left.
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Charles-Tim
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Leading Crypto Sports Betting & Casino Platform
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December 20, 2023, 08:22:27 AM |
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Faucets are waste of time. If you try those like Freebitco and Cointiply, you will realize that they are waste of time. I have stopped using faucets since some years ago when I first knew about bitcoin. I had not profit as I was unable to get to the minimum withdrawal and the 2 or 3 days spent on it were wasted.
I do not think people that launder money will use faucets. They will prefer other available means. Businesses are commonly used to launder money.
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tbct_mt2
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December 20, 2023, 08:46:54 AM |
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And how do you get the profit afterwards? I mean what kind of transaction you use to get the assets? I understand it is peanuts one can get from there. But nevertheless.
Faucets nowadays are not worth to waste your time. Days with faucets like a first Bitcoin faucet from Gavin Andresen gone. Get 5 free bitcoins from freebitcoins.appspot.comThe Faucet archiveIf you still want List Of Crypto Casinos with The Best FaucetsIs there a risk of AML catch there? What is your opinion?
AML? Do you mean about KYC policy to claim faucet? Platforms will have their own rules and they are free to set those rules on their platforms to avoid cheaters to claim faucets. You can do retroactive airdrops, better than faucets.
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Obim34
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December 20, 2023, 08:57:08 AM |
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Who does faucet any longer, do not partake in any called faucet tho it is your decision to making but they are considered waste of time that should have been invested into something else, either physical or online which the profits gotten from the job is use to accumulate Bitcoin, be it little fraction as one may find it necessary to deploy the DCA strategy due to income and availability of funds after carrying out cost of living and every other expenses including reserving emergency funds. I do not see you making a good amount of Bitcoin from participating in faucets, do not waste your time there, go get something doing if you truly want to become a Bitcoin owner.
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bettercrypto
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December 20, 2023, 09:19:17 AM |
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And how do you get the profit afterwards? I mean what kind of transaction you use to get the assets? I understand it is peanuts one can get from there. But nevertheless. Is there a risk of AML catch there? What is your opinion? At the moment me myself get the dust off the BestChange exchange aggregator and in seek of other opinions. There's not much way of BTC acquire left.
I know that you will not get rich from faucets unless you are the owner of the faucets. Faucets are only good for newbies entering this crypto space. But for those who have been on this forum platform for a long time, it is not recommendable, in my opinion. I don't even know if there are still old members who use it. If there are, for sure, those are beginners. Now, I'm wondering if there are other communities or bad guys using the faucets for AML that you say op; do you know anything op?
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Despairo
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December 20, 2023, 09:32:14 AM |
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Imagine the faucet gives you 100 Satoshis per hour, the minimum amount to withdraw is 0,0005 BTC, which means you need to claim for 5K times or 208 days. You've successfully claim for 5K times, when you want to withdraw the fee is congested and you need to spend for 0.0005 BTC to proceed the transaction, so you need to claim more to earn money.
In short, I don't claim faucet and it's not worth it.
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hZti
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December 20, 2023, 09:36:49 AM |
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There is no faucet that would give you enough money to be worth your while. Go work a normal job and buy Bitcoin with the salary.
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Churchillvv
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December 20, 2023, 09:52:31 AM |
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Just as the first and second commenter said years ago when faucets were introduced it was actually giving bitcoins but currently there is no faucet out there that can give you any amount worth of BTC from their sites, maybe there might be but it's not worth it.
Instead of spend all your energy and time on games to be rewarded with Bitcoin for free, you can just find jobs that can pay you and use your incomes to aquire the Bitcoin you wish to have.
Even in your normal job that you will aquire it will help you to grow in experience that night facilitate your start in Bitcoin and cryptocurrency in general.
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BABY SHOES
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December 20, 2023, 10:06:49 AM |
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Do you still rely on faucets every day? I think @Charles-Tim is right, it's a waste of time with so few faucets.
I don't think many people rely on faucets nowadays they prefer to do airdrop work even though it's garbage but when it earns you can exchange it to bitcoin from the trade, but I can imagine that if you rely on faucets every day it's just waiting for boredom that never feels the results.
Are there no other skills besides faucets?
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lovesmayfamilis
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December 20, 2023, 10:57:48 AM |
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Have you calculated the amount of time you spend sitting in front of the computer to solve the next captcha? Imagine how many useful things you could do during this time and get paid for. What's next? You go and buy bitcoin. Do you really believe that you can make a profit from something that has long lost its meaning? You won't get anything other than a visual impairment.
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BitMaxz
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December 20, 2023, 11:05:16 AM |
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There's no problem claiming free coins on faucets I'm doing the same thing before and I sold them when the price suddenly skyrocketed. Since crypto is so volatile the free coins or tokens you claim from faucet might give you a good fortune not now but in the future only if you can hold them for a long term. @OP we have a separate section for faucets(Micro Earnings) and I think you should be able to find what you need under this section below. - https://bitcointalk.org/index.php?board=212.0
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Husires
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December 20, 2023, 11:12:32 AM |
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With withdrawal fees amounting to 335 sat/vB, the faucet industry will either move to the Lightning Network or switch to alternative currencies, but these faucets will inevitably not be able to pay due to these high fees if we assume that these faucets are not a waste of time, as earning $10 per month is possible in All countries.
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$crypto$
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December 20, 2023, 02:11:46 PM |
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With withdrawal fees amounting to 335 sat/vB, the faucet industry will either move to the Lightning Network or switch to alternative currencies, but these faucets will inevitably not be able to pay due to these high fees if we assume that these faucets are not a waste of time, as earning $10 per month is possible in All countries.
It doesn't make sense that the faucet would pay them a withdrawal fee of 335 sat/vB this is much higher for the withdrawal fee than the balance earned from the faucet, then are there already faucets that support the lightning network? I don't think so, faucets are classic and still use the onchain network. Yes obviously this is just a waste of time, it is irrelevant to do faucet tasks every hour, $10 per month is also not necessarily because bitcoin faucets can give only a few sats.
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R |
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Litzki1990
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December 20, 2023, 03:33:08 PM |
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Every country has several banking systems or mobile banking systems for internal transactions through which people of every country usually complete their transactions. Transactions are of several types, digital transactions, banking transactions, or cash transactions. I think cash transactions and mobile banking transactions are the most done by people every day. When a large amount of money needs to be transferred, bank transfer may be used, and mobile banking or cash transactions are used to complete such small transactions. Currently, mobile banking transactions are more used than cash transactions and the number of mobile banking transactions is increasing gradually due to ease of access and security.
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Rikafip
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December 20, 2023, 03:39:58 PM |
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I thought faucets are long gone. Anyway, Don't waste your time with those as there are many other better ways to earn some bitcoin.
The only time I use them was ~10 years ago when I heard about bitcoin for the first time and I rmember that solving those captchas was such a pain in the ass as my esyesight is not the best so I soon gave it up. And from what I remember, even then they weren't particuraly worth the effort (at least not for me).
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ImThour
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Bitcoin Bottom was at $15.4k
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December 20, 2023, 04:40:06 PM |
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The only faucet that I have tried ever is the freebitcoin one, I don't think it's a good use of your time to focus and spend time on these faucets. How much does it reward every hour, isn't it like 1 cent or something?
Just went on the website and it gives: $0.0022 per hour or 0.00000005 BTC. That's way too low and you could make more than that by just working in real life.
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Marvelman
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December 20, 2023, 04:50:24 PM |
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I dunno, I used to think faucets were long gone, but maybe they are still worth it for some people. I also remember trying out a few faucets when I first heard about bitcoin many years ago. And even back then, the tiny amounts of bitcoin you got didn't seem worth the trouble, at least for me. I mean, I gave up pretty quick way back when.
Either way, I wouldn't bother with them anymore since there's way better methods for getting your hands on some bitcoin these days.
I reckon we gotta come up with better ways for folks to get paid for doing boring stuff that still needs to get done. Could let people earn a bit of extra cash by signing up to enter data, tag photos, or whatever for companies. Maybe some kinda platform connecting businesses that need tedious work done with people happy to do it if they're gonna get a small piece of the pie. Not talking big bucks here - more like micro-payments to make it worth their while and way I see it, it utilizes human labor that's going spare and gives opportunities to workers who ain't too proud to earn modest rewards for simple tasks. Everyone wins.
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Doan9269
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December 20, 2023, 05:00:26 PM |
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And how do you get the profit afterwards? I mean what kind of transaction you use to get the assets? I understand it is peanuts one can get from there.
There are some other means people can make an investment through with cryptocurrency and still earn without going through faucets because they are likely not to be trusted, it is only expected of the newbies to engage on things like this because they wanted to learn and not that the we now rely on them while they are taking our time without having anything to show for it at the end, even if the peanuts are rewarding, some may still have the endurance of earning through them but they are not reliable to that extent.
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Hamza2424
Legendary
Offline
Activity: 1092
Merit: 1095
🇵🇰 Pakistan
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December 22, 2023, 02:29:55 PM |
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And how do you get the profit afterwards? I mean what kind of transaction you use to get the assets? I understand it is peanuts one can get from there. But nevertheless. Is there a risk of AML catch there? What is your opinion? At the moment me myself get the dust off the BestChange exchange aggregator and in seek of other opinions. There's not much way of BTC acquire left.
Crypto faucets are the old trends, especially in the bear market they are just a waste of time. To acquire Bitcoin use it as your mode of payment but it's too costly these days. Still, the meme pool and the network cost always recover as soon as the shity transaction (Ordinals) gets eliminated. I thought faucets are long gone. Anyway, Don't waste your time with those as there are many other better ways to earn some bitcoin.
The only time I use them was ~10 years ago when I heard about bitcoin for the first time and I rmember that solving those captchas was such a pain in the ass as my esyesight is not the best so I soon gave it up. And from what I remember, even then they weren't particuraly worth the effort (at least not for me).
Hmm, nice piece of advice but I'm wondering if you as a senior, can be considered as one of the most senior on the forum ones ahh 10 years... Just to say but a significant timespan especially in Bitcoin we can call it rare. I've encountered just a few people from 2012 or 2013, most people are from 2016 to 2018.
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