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Author Topic: Why do people use faucets?  (Read 4922 times)
wenG
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September 03, 2015, 04:49:21 AM
 #101

Faucet is great for as a beginner in the bitcoin I can get bitcoin.
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September 03, 2015, 06:10:45 AM
 #102

why?  because its the easiest and the most newbie friendly way to earn bitcoins, that's the only reason i know

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Patatas
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September 03, 2015, 08:30:01 AM
 #103

I think some still use faucet cuz it's much easier way to earn bitcoins(especially to newbies) compared to other tasks like trading, freelancing, etc. Personally, I use faucets only when I have an extra time to earn some little bits
S4VV4S
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September 03, 2015, 09:56:29 AM
 #104

Faucets is a good way to get in to Bitcoin if you are a newbie and cannot afford to buy Bitcoins or mine them.
Use that in combination with a signature campaign and as a new starter you are on your way to Bitcoin land.
tennozer
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September 03, 2015, 09:59:56 AM
 #105

Faucets is a good way to get in to Bitcoin if you are a newbie and cannot afford to buy Bitcoins or mine them.
Use that in combination with a signature campaign and as a new starter you are on your way to Bitcoin land.

This is a totally good explaination for way to bitcoin land. My way was like that and now I learn something about bitcoin by using faucets. Because I learned bitcointalks forum while I was looking for new faucets and then I sign up here and reading reading then learning.

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September 03, 2015, 04:42:50 PM
 #106

Because faucet is one of many ways to earn bitcoin. If its not wasting our time, surely faucet still be popular until now.

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Hugroll
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September 03, 2015, 04:44:21 PM
 #107

even though it only pays a few measly cents. its still a good source for beginners to bitcoin
RGBKey
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September 03, 2015, 04:48:06 PM
 #108

Yeah, faucets aren't only a place for free money, it's where you can get just enough bitcoin to send your first transaction or two.
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September 03, 2015, 04:54:09 PM
 #109

I always like to imagine the day when we look at 1000 Satoshi in the same way we now look at this 1.00000000 in BTC value. If/when BTC does get mass adoption, then small faucet money now may be worth a fair bit more.

Faucets are a safe way to begin using BTC without any potential loss.
RGBKey
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September 03, 2015, 05:27:12 PM
 #110

I always like to imagine the day when we look at 1000 Satoshi in the same way we now look at this 1.00000000 in BTC value. If/when BTC does get mass adoption, then small faucet money now may be worth a fair bit more.

Faucets are a safe way to begin using BTC without any potential loss.
Well, there is the aspect of building up a lot of dust transactions in your wallet, then the next transactions to include all those inputs are going to take forever to confirm or cost a lot of money in transaction fees.
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September 03, 2015, 05:47:48 PM
 #111

I always like to imagine the day when we look at 1000 Satoshi in the same way we now look at this 1.00000000 in BTC value. If/when BTC does get mass adoption, then small faucet money now may be worth a fair bit more.

Faucets are a safe way to begin using BTC without any potential loss.

Good point. I know of a friend that is waiting for just that.

Plus, you can optimize faucet claims by opening several faucets at the same time and claiming while others load, or having a selection of faucets with fast loading captchas (solvemedia typed captchas are a lot faster to load). You can also optimize more using some other altcoins.... many faucets are good but usually only 4 or 5 are really good and more worth the time. Taking other cryptos (litecoin, doge) into account, you can save some time on getting more value. All that takes work, but you can be a more professional fauceter optimizing all that. Grin


cefen6777
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September 03, 2015, 06:28:54 PM
 #112

i personally use it because it is a free way of earning bitcoins
Pips
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September 03, 2015, 06:32:25 PM
 #113

i personally use it because it is a free way of earning bitcoins

You're earning a couple pennies worth of bitcoins; hardly any amount to considering getting any at all.

If life gives you lemons, make orange juice and leave them wondering how you did it.
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September 03, 2015, 07:23:26 PM
 #114

I always like to imagine the day when we look at 1000 Satoshi in the same way we now look at this 1.00000000 in BTC value. If/when BTC does get mass adoption, then small faucet money now may be worth a fair bit more.

Faucets are a safe way to begin using BTC without any potential loss.

Good point. I know of a friend that is waiting for just that.

Plus, you can optimize faucet claims by opening several faucets at the same time and claiming while others load, or having a selection of faucets with fast loading captchas (solvemedia typed captchas are a lot faster to load). You can also optimize more using some other altcoins.... many faucets are good but usually only 4 or 5 are really good and more worth the time. Taking other cryptos (litecoin, doge) into account, you can save some time on getting more value. All that takes work, but you can be a more professional fauceter optimizing all that. Grin



Come on guys this is wasting time. I would rather buy 0.5 BTC for $100 and save myself 6 months of faucets solving captchas. Then I would stick these 0.5 BTC in a cold storage and wait that 1 BTC goes through the roof.

The only person that earns from faucets is the faucet owner since the people keep bringing traffic to his faucet/web site. Everything else is just not worth in my modest opinion.
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September 03, 2015, 07:51:01 PM
 #115



Come on guys this is wasting time. I would rather buy 0.5 BTC for $100 and save myself 6 months of faucets solving captchas. Then I would stick these 0.5 BTC in a cold storage and wait that 1 BTC goes through the roof.


And while you earn your $100... and wait that BTC rise....in some place, far away, someone will be fauceting  Grin

Yes, I understand your point, and your are quite right, if you have a job to get those $100. But many do not even have it. Why do not faucet for a month, then start trading and maybe have those $100 two months later? Or perhaps learning about faucets enough and running their own faucet? Not easy, but not impossible either.

A faucet worker is the best person to run a faucet later.


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September 03, 2015, 07:53:17 PM
 #116

  It is easy to earn some btc,thay use,thay have referrals,if you will see faucet demographic stats you will see that thayare coming from poor countries where even one dollar count

 
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September 03, 2015, 07:59:00 PM
 #117

  It is easy to earn some btc,thay use,thay have referrals,if you will see faucet demographic stats you will see that thayare coming from poor countries where even one dollar count
true. People don't realize that in some countries a minimum wage is around 1USD per hour. You can get more from a sig campaign.

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September 03, 2015, 08:00:10 PM
 #118

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".
I use faucet to cover my transaction fee which,if I pay from my hard earn bitcoin,gives me heartache:D besides faucet are good source of some free satoshi in your free time

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September 03, 2015, 08:07:36 PM
 #119

I literally created my first wallet this week and started using faucets last night. I am quickly coming to the realization that it isn't worth my time. I may do a few more rounds to hit the faucetbox threshhold and get my first bits in my wallet, but that may be the end of my 1 day faucet experience.
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September 03, 2015, 08:19:04 PM
 #120



Come on guys this is wasting time. I would rather buy 0.5 BTC for $100 and save myself 6 months of faucets solving captchas. Then I would stick these 0.5 BTC in a cold storage and wait that 1 BTC goes through the roof.


And while you earn your $100... and wait that BTC rise....in some place, far away, someone will be fauceting  Grin

Yes, I understand your point, and your are quite right, if you have a job to get those $100. But many do not even have it. Why do not faucet for a month, then start trading and maybe have those $100 two months later? Or perhaps learning about faucets enough and running their own faucet? Not easy, but not impossible either.

A faucet worker is the best person to run a faucet later.



Fair enough, you made a valid point. Who doesn't have any money, not just those $100, he is better off hitting those captchas and faucets than sitting on their a** and doing nothing!

I guess their is no case unique for anything in this world, the same goes for the faucets! Smiley
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