Why do people use faucets?

[RGBKey]

The people that are using faucets are likely also people that don't have the money or aren't financially stable enough to drop $100 on bitcoin.

[snipie]

All you have to do is to use the highest paying faucets.
Personally I don't mind to get few free dollars every week (without having many referrals nor using it 24/24)

Hint: try to grab some bitcoin's address from famous faucet's owner and look how much they actually earning from referrals in faucetbox for example 

[Cxinbolen]

All you have to do is to use the highest paying faucets.
Personally I don't mind to get few free dollars every week (without having many referrals nor using it 24/24)

Hint: try to grab some bitcoin's address from famous faucet's owner and look how much they actually earning from referrals in faucetbox for example 

I used faucets when I started bitcoin but the amount you get may be a couple dollars a week but that requires you to spend at least 30 minutes a day on the faucets, and that's really not worth the payout.

[klf]

Without faucets, probably most of people would have never got bitcoins(satoshis)  enough to mess around with and ultimately learn about Bitcoin.

[Enzyme]

Without faucets, probably most of people would have never got bitcoins(satoshis)  enough to mess around with and ultimately learn about Bitcoin.

This is pretty true. I became familiar with Bitcoin because of a forum post explaining faucets.

[Patatas]

Without faucets, probably most of people would have never got bitcoins(satoshis)  enough to mess around with and ultimately learn about Bitcoin.

I strongly agree with you man! Faucets were the introduction to earn bitcoin. Most likely if someone new to btc asked you how to earn bitcoins, you'll probably answer faucets

[Will.i.am Shakespeare]

Without faucets, probably most of people would have never got bitcoins(satoshis)  enough to mess around with and ultimately learn about Bitcoin.

This is pretty true. I became familiar with Bitcoin because of a forum post explaining faucets.

Maybe back in the day but now its easier to just earn from signature campaigns and at least its not a waste of time which faucets are.

[Miiike]

But for a newbie who have no access yet to sig. campaign, and don't want to take any risk on investing btc from real local currency, is there any other way to collect better btc or mBTC or satoshi other than faucet?

I read on this forum too that cloudmining is a huge scam?

I think faucets are a good way to save on transaction fees.
When I have time I get around 150000 satoshi per week: I stake them to pay a good transaction fee.
It's my way to put those money back into the BTC system I think

What are you talking about? It is completely opposite. If you collect 'dust' from faucets your transaction fees will be can be huge in the future.
You will lose significant part of your faucet earning trying to compose 'dust' transactions. You may want to think twice before that.

I don't understand what you mean. Can you explain a little more?
I could agree that faucets create a lot of dust but my reason behind what I said is that since they're there why not take advantages out of them...

Before you use faucet you really should read great educational post by Shorena. You will find find some info about transactions fees there:

The most common problem when using faucets is the small payment. Every time you receive a bitcoin payment to your wallet you have a new input to spend at a later date. Think of this like a lump of bitcoin you can use later. When you later want to use these lumps of bitcoin they need space as part of the transaction your wallet creates for you. This is usually 180 bytes per input. A bigger (in terms of byte) transaction will need more fees in order to be confirmed in a reasonable amount of time. Each block offers only a limited amount of space (currently 1 MB) and if you need a big chunk of the space a big chunk of your available funds will be used as fee for the miners. Faucets try to counter this by creating payout limits, but they are often set very small. A reasonable fee for a transaction with less than 1000 byte in size is 10,000 Satoshi. If the payout limit is 100,000 Satoshi and you try to spend this input, you will have to spend 10% on fees. If you want an example how bad this can end, I helped someone recover from this a while back, in numbers:
~0.5 BTC from faucets, collected over ~2 years, ~2000 inputs, ~350,000 bytes, ~0.09 BTC in fees.

Source: https://bitcointalk.org/index.php?topic=1044399.0

I've give my time to study it, and it is indeed educational, but does somebody mind to tell me this, is this mean every time I play faucet, no matter which faucet it is, I will directly and instantly and inevitably fall into satoshi dust?

[fravia]

Without faucets, probably most of people would have never got bitcoins(satoshis)  enough to mess around with and ultimately learn about Bitcoin.

This is pretty true. I became familiar with Bitcoin because of a forum post explaining faucets.

So we are, my first satoshi i got from freebit and moonbit 

It looks great when you got your first satoshi.

[tyrexs]

Without faucets, probably most of people would have never got bitcoins(satoshis)  enough to mess around with and ultimately learn about Bitcoin.

yes first i know about bitcoin and i got my first satoshi from faucet freebitco.in and i find all about bitcoin information

[Laosai]

Without faucets, probably most of people would have never got bitcoins(satoshis)  enough to mess around with and ultimately learn about Bitcoin.

yes first i know about bitcoin and i got my first satoshi from faucet freebitco.in and i find all about bitcoin information

we're the same , i also started claiming satoshis on freebitco.in and since then, i became interested on bitcoin and now earning decent amount of btc. faucet is very useful as a start to know bitcoin

[dinda22]

because the faucet is very easy to get, though easy but I do not play faucet. Yeah everyone knows that a very small income and a waste of time 

[Lucius]

because the faucet is very easy to get, though easy but I do not play faucet. Yeah everyone knows that a very small income and a waste of time 

For you, is certainly a waste of time because you make fortune on signature campaign...
Do you know that in some countries people work for less than $ 1 a day,so if they can make some money over the faucet for them is certainly not a waste of time.

[minionsgelato]

people use faucets to get free cryptocurrency instantly with easy way (no needed to learn more to earn it)
even it was only micro earnings but it better than get nothing

[thefaucetrunner]

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 

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.

Precisely.

I noticed someone is posting the BTCFaucetList Faucetbox links -  https://faucetbox.com/en/check/1LB8EJsDQZQt5X2EPHvKgHw1F66xLUUCj1

Well here is a link to my Faucetbox for anyone interested:

https://faucetbox.com/en/check/14MyUFoF9SeXkJG9Cp8N3w2uuTrvLrVEpt

All of that started from running through faucets. I now own my own and I can say that faucets were the best thing that ever happened to me. So many snobs on here who really don't understand the faucet world and still think that Freebit and Moonbit are the highest paying sites 

[rkandrades]

Well.. I'm using faucets for 4 purposes.

1. Earn money by Adsense Ads
2. Earn Free satoshis to help me to keep my own faucet balance
3. To advertise my site
4. To direct traffic for my others pages like my Rotator and Raffle pages


Perhaps I could think some more goals... But I guess this is enough...

[winspiral]

Well.. I'm using faucets for 4 purposes.

1. Earn money by Adsense Ads
2. Earn Free satoshis to help me to keep my own faucet balance
3. To advertise my site
4. To direct traffic for my others pages like my Rotator and Raffle pages


Perhaps I could think some more goasl... But I guess this is enough...

almost same for me...just not "1. Earn money by Adsense Ads"

[rkandrades]

Well.. I'm using faucets for 4 purposes.

1. Earn money by Adsense Ads
2. Earn Free satoshis to help me to keep my own faucet balance
3. To advertise my site
4. To direct traffic for my others pages like my Rotator and Raffle pages


Perhaps I could think some more goasl... But I guess this is enough...

almost same for me...just not "1. Earn money by Adsense Ads"

I'm having fun taking care of my faucet and learning about security and PHP programming. There a lot of good things about faucets. I don't why some people continue thinking faucets as a purely waste of time.

At my university vacation I will create two more faucets. I have some hot ideas.

[SatHunter]

I earn from faucets, they are fun. And they are very safe if you get paid right away or the faucet has been there a long time. I have been investing my earnings to try to increase them, but it's very risky to invest anywhere. I'm using several investments, to spread the risk around, but 1 day, my faucet earnings will pay me 1 btc a month or more.

[pilscoop]

It's easy, it's free. Once you get bored you start to get creative and learn new ways to earn Bitcoin. I'd say faucets are very important at this stage of Bitcoin to help promote it.