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Enzyme (OP)
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August 29, 2015, 07:36:09 AM |
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They're so stupid, I could easily tell you to get a job but there are other things you can do online which will earn you alot more.
Checkout /r/beermoney for example.
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Possum577
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August 29, 2015, 07:49:22 AM |
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No one's using faucets in place of a job (it's economically not possible.) People use faucets because it's "free" bitcoin and "free" has a crazy allure to it...it pulls people in. Also, a lot of the faucet sites have a gambling aspect which gives people the opportunity to earn more.
1. Freebitco.in: Has a lottery each week, which pays 10 different people various amounts up to close 1BTC AND it as a gambling/wagering option
2. Xapofaucet (see my profile for a link): Has a daily bonus for people that use the site daily and has a mystery bonus on random claims so you could get 1-100% added to your claim...again, it's like gambling
They're easy, they're free...what's not to understand?
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n2004al
Legendary
 Offline
Activity: 1134
Merit: 1000
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August 29, 2015, 07:56:05 AM |
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The most of the people who use faucet are beginners in bitcoin and hope that with this method will have some bitcoin. Then are attracted by the free money. faucets give free bitcoins and this have a psychological effect that make them to use their time to take those free "money".
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GriffinHeart
Full Member
Offline
Activity: 182
Merit: 100
Hello there!
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August 29, 2015, 08:06:47 AM |
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Its cheap "cash" and without a good asic, they tend to earn more there than mining.
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Hi there, I'm from South Africa.
This means I'm poor, I guess.
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nizamcc
Legendary
Offline
Activity: 1218
Merit: 1007
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August 29, 2015, 08:09:58 AM |
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They use faucets because they are in a well and they think that's their only world.
They use it thinking they will earn something big, will become rich by doing faucet thing and might get some COINS for doing that.
Stupids don't even know that they are already giving their complete time and wasting their electricity before something which isn't worth anything if compared to what they are dedicating.
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jacktheking
Legendary
Offline
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
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August 29, 2015, 08:18:08 AM |
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I agree that the payout is too low but people use faucet to get free Satoshi. I also agree that doing other online job such as downloading app is better. However, in the future you will see more innovated revenue sharing site like mine which give out 0.015 BTC to user - http://bitrevenues.com/.  . |
So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.
Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!
Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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NorrisK
Legendary
Offline
Activity: 1946
Merit: 1007
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August 29, 2015, 08:19:59 AM |
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They're so stupid, I could easily tell you to get a job but there are other things you can do online which will earn you alot more.
Checkout /r/beermoney for example.
They are quite good for new people to learn how to use the wallet and such. Other than that, I don't see much use for it... |
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Nextgen
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August 29, 2015, 08:20:05 AM |
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well on the first plce not everyone does fucets ...most probably people who are new to bitcoin and who dont know about forums and all that try faucets ..
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dollarneed
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August 29, 2015, 08:37:09 AM |
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i used faucet when i recognize bitcoin for the first time,my friends recomended me to get a free bitcoin from faucet and learn about how to using wallet,send and received bitcoin etc ,for me its worked yeah its clasic and of course wasted my time but its such a good exprience for me
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Swordsoffreedom
Legendary
Offline
Activity: 2758
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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August 29, 2015, 08:51:28 AM |
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They can be fun to play with when your getting into Bitcoin
(Kind of funny though that when I first started using facuets the tiny dust values started to become tangible amounts before the price crashed and it went back down in the long run, those penny's can become nickels if the price moves enough ha-ha.
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Metadextrous
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August 29, 2015, 09:08:07 AM |
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For collecting small amounts to cover up the transaction fees? i know that faucet really gives small reward and does not worth the reward they give, but hey it's still a "free" money for some people.
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btccashacc
Legendary
Offline
Activity: 1120
Merit: 1000
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August 29, 2015, 09:16:18 AM
Last edit: September 02, 2015, 01:25:41 PM by btccashacc |
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Why do people use faucets? play faucet just for fun because i can use some satosi from faucet to pay my fee transaction |
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randy8777
Legendary
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Activity: 896
Merit: 1000
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August 29, 2015, 09:29:53 AM |
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For collecting small amounts to cover up the transaction fees? i know that faucet really gives small reward and does not worth the reward they give, but hey it's still a "free" money for some people.
the free thing is what makes people farm faucets while as you also said, it's barely worth the time. but for some people even the satoshi dust is a little bit of extra income, and combine a week of these tiny rewards, and some one in a third world country has got a nice extra revenue stream. |
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planetroving
Legendary
Offline
Activity: 2170
Merit: 1000
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August 29, 2015, 09:38:12 AM |
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When I started with Bitcoin two years ago, it was already too late to mine. The only I knew at that time was to use faucets, which I used everyday for a few months, earning a tad more than dust. So the reasons are:
- only way to earn Bitcoins I knew of
- simplest way to get Bitcoins
- get Bitcoins for free
That was for me and plus, I don't use faucets anymore.
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Jeremycoin
Legendary
Offline
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
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August 29, 2015, 09:47:45 AM |
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Because they want Bitcoin, and it's so easy to earn it with Faucet even it's just a small amount. And also, because they don't know about Signature Campaign that can give them a lot more of Bitcoin.  |
faucet used to be profitable |
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Kprawn
Legendary
Offline
Activity: 1904
Merit: 1073
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August 29, 2015, 10:11:25 AM |
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I think it's a no-brainer Mr. Moneybags.  ..... You walk down the street and you see a penny.... you pick it up. You walk 2 meter further and you see another penny.... you pick it up.... this continues for the next two streets ..... At the end of the block, you walk into the corner shop, and you buy yourself a Coca Cola with those pennies. Get it? It's free money ..... You can use it for parking money or a free drink... it's as simple as that. It's also FUN... when you bored. |
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Denker
Legendary
Offline
Activity: 1442
Merit: 1014
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August 29, 2015, 10:16:44 AM |
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Faucets are great to get some small amounts of Bitcoin for Beginners to get used to how transactions work for instance. They can play with their wallets a bit and get a feeling for how this is different to other payment methods. At least this is what I used faucets for back in the days.
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Velkro
Legendary
Offline
Activity: 2296
Merit: 1014
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August 29, 2015, 10:41:20 AM |
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They're so stupid, I could easily tell you to get a job but there are other things you can do online which will earn you alot more.
I must agree, its waste of time. So much quicker ANY other job/work. |
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MUFC
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August 29, 2015, 10:44:29 AM |
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No one's using faucets in place of a job (it's economically not possible.) People use faucets because it's "free" bitcoin and "free" has a crazy allure to it...it pulls people in. Also, a lot of the faucet sites have a gambling aspect which gives people the opportunity to earn more.
I agree and disagree. Some people must be trying to use faucets as a job because some just seemingly spend their entire time trying to get as much dust as possible from as many faucets as they can. If they had jobs they wouldn't bother wasting their time like this. I agree that most newbs just use them because they think its the easiest way to get free coins but the sooner they realise they're wasting their time the better. |
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