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Author Topic: The Bitcoins Earning Guide for poor countries  (Read 6134 times)
Gifted (OP)
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November 28, 2015, 06:28:10 PM
 #21

The OP may be off on exact figures but he makes a good point.  I would much rather do faucets and swagbucks and other things to survive and live in costa rica than be homeless. I mean you wont be rich but it is possible to grind out survival using various ways. It gives me something to think about. Not living off faucets lol but maybe saving from my real job and instead of retiring in lets say Arizona I could retire at 50 and live somewhere much cheaper. Now just to do research to see how safe it is to live in the countries on that list.
Your right !!  I have decided to retire in brazil. The average person makes about 35$ reals a day, that's about almost 15$ a day.  If a person had 50 faucets that payed 1000 sat a claim that's at least 60,000 an hour. If it takes a min for each faucet. The figures will be off due to external interruptions But that doesn't matter. The point is it is possible. As Bitcoin cost grows the user will make a living .
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November 28, 2015, 08:31:28 PM
 #22

The OP may be off on exact figures but he makes a good point.  I would much rather do faucets and swagbucks and other things to survive and live in costa rica than be homeless. I mean you wont be rich but it is possible to grind out survival using various ways. It gives me something to think about. Not living off faucets lol but maybe saving from my real job and instead of retiring in lets say Arizona I could retire at 50 and live somewhere much cheaper. Now just to do research to see how safe it is to live in the countries on that list.
Your right !!  I have decided to retire in brazil. The average person makes about 35$ reals a day, that's about almost 15$ a day.  If a person had 50 faucets that payed 1000 sat a claim that's at least 60,000 an hour. If it takes a min for each faucet. The figures will be off due to external interruptions But that doesn't matter. The point is it is possible. As Bitcoin cost grows the user will make a living .

Brazil is a good choice I read a lot of shops accept bitcoin. So you will have no need to convert it to fiat.

Which makes it an ideal bitcoin country. I my country will embrace btc too soon.
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November 28, 2015, 08:38:31 PM
 #23

That 50K sats in an hour seems to me a rather optimistic estimation. As I've seen the rates are a lot lower. Anyway in a third world country with very low wages it can be still a useful source of free money.
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November 29, 2015, 03:23:15 AM
 #24

The OP may be off on exact figures but he makes a good point.  I would much rather do faucets and swagbucks and other things to survive and live in costa rica than be homeless. I mean you wont be rich but it is possible to grind out survival using various ways. It gives me something to think about. Not living off faucets lol but maybe saving from my real job and instead of retiring in lets say Arizona I could retire at 50 and live somewhere much cheaper. Now just to do research to see how safe it is to live in the countries on that list.
Your right !!  I have decided to retire in brazil. The average person makes about 35$ reals a day, that's about almost 15$ a day.  If a person had 50 faucets that payed 1000 sat a claim that's at least 60,000 an hour. If it takes a min for each faucet. The figures will be off due to external interruptions But that doesn't matter. The point is it is possible. As Bitcoin cost grows the user will make a living .

Brazil is a good choice I read a lot of shops accept bitcoin. So you will have no need to convert it to fiat.

Which makes it an ideal bitcoin country. I my country will embrace btc too soon.
Yes, Xapo already gives a debit card linked to your bitcoin account and my friend uses it there. He is from Finland. I hope to join him in paradise on the beach in Brazil. Its funny because everyone works to buy things and show off here in the USA and i am working to leave here. Even if i paid a bitcoin miner,my webpage affiliates  and reap the profits from that i still would be above average.
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January 10, 2016, 03:54:35 PM
 #25

In most of these countries, their technology is not as evolved as it has been in the western countries.

Doing faucets doesn't seem worth it to me to make such a small amount everyday, it will take forever to reach a certain goal.

Yeah faucets was just a pain in the ass. It took so long to just get 0.5BTC I haven't reach it.
But Faucets was just a good thing to do if you started to know about bitcoin.

Faucets are not for earning money. It is for attracting users to a specific service. So it is not worth the time.









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January 10, 2016, 06:10:40 PM
 #26

I am a newbie that has started looking for bitcoins since only one month, and I totaly agree with the global trend here that says that faucets are a waste of time. It is much more profitable to have a "real" work and invest part of the income in bitcoins...
Gifted (OP)
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January 10, 2016, 06:45:26 PM
 #27

I am a newbie that has started looking for bitcoins since only one month, and I totaly agree with the global trend here that says that faucets are a waste of time. It is much more profitable to have a "real" work and invest part of the income in bitcoins...
for some people it is worth it in their country. average pay for some people a day is 5$
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January 10, 2016, 08:09:10 PM
 #28

Your better off doing something like amazon turk and then converting that cash to bitcoin
Heard about Turk but haven't tried it yet. As soon as I heard about a mechanical I got turned off.
It does sound good to use if you are doing anything on amazon via gift card trading or getting paid from their affiliation program.
never heard either,  care to explain??

Amazon Mechanical Turk is the name of the program. They're both talking about the same thing. It's a program Amazon runs where people can complete simple tasks that are too complicated for a computer to do, so they require human intelligence, and they pay anywhere from 1 cent to 20 cents per task (generally, sometimes there are higher paying tasks, like participating in research studies). You're not going to get rich doing it; if you're efficient, you can make a $1 to $1.50 per hour pretty reliably. If you're lucky and find the higher paying research studies, you can make $10ish per day, but those research studies don't show up dependably and are kinda rare. Most Mturk work is kinda like completing faucets, low paying and boring. You'll make more on Mturk per task, but you also do more work than a simple faucet request too.

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January 10, 2016, 08:24:19 PM
 #29

Faucets are a complete waste of time; all the energy you are investing in this grind is not worth it in the long run. It's better to improve your skills in the meantime and work for yourself later on. Yes you can get $5 a day but ask yourself do you want to do this for the rest of your life?

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January 10, 2016, 08:54:23 PM
 #30

Bitcoin sadly isn't widely accepted in those countries and transferring dust isn't really that efficient, when you have to pay 10k sats for the fees. Getting a good micro economy growing is a good thing, but those countries are fucked either way if they have to deal with pennies.
good point but those countries use phones mostly and there is plenty of apps out there for wallets. At least someone in one oof those countries its worth doing faucets for them.

Exactly, I read an article a few months ago that smartphones are what is connecting the third world to the internet.  No matter what people say about how faucets are not worth it, it is all relative to where you live.  If you can earn $2-4 a day on faucets in a third world country that is significant considering some people earn a dollar a day in some countries. This is just one example of how Bitcoin can bring the world out of poverty.

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January 10, 2016, 09:02:04 PM
 #31

Bitcoin sadly isn't widely accepted in those countries and transferring dust isn't really that efficient, when you have to pay 10k sats for the fees. Getting a good micro economy growing is a good thing, but those countries are fucked either way if they have to deal with pennies.
good point but those countries use phones mostly and there is plenty of apps out there for wallets. At least someone in one oof those countries its worth doing faucets for them.

Exactly, I read an article a few months ago that smartphones are what is connecting the third world to the internet.  No matter what people say about how faucets are not worth it, it is all relative to where you live.  If you can earn $2-4 a day on faucets in a third world country that is significant considering some people earn a dollar a day in some countries. This is just one example of how Bitcoin can bring the world out of poverty.
here is the original  artical i wrote on this subject some time ago to back up your our claims that it is worth it to some people http://bitcoinfaucetrelay.com/the-bitcoins-earning-guide-on-how-to-make-a-good-living/
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January 10, 2016, 09:19:54 PM
 #32

Bitcoin sadly isn't widely accepted in those countries and transferring dust isn't really that efficient, when you have to pay 10k sats for the fees. Getting a good micro economy growing is a good thing, but those countries are fucked either way if they have to deal with pennies.
good point but those countries use phones mostly and there is plenty of apps out there for wallets. At least someone in one oof those countries its worth doing faucets for them.

Exactly, I read an article a few months ago that smartphones are what is connecting the third world to the internet.  No matter what people say about how faucets are not worth it, it is all relative to where you live.  If you can earn $2-4 a day on faucets in a third world country that is significant considering some people earn a dollar a day in some countries. This is just one example of how Bitcoin can bring the world out of poverty.
here is the original  artical i wrote on this subject some time ago to back up your our claims that it is worth it to some people http://bitcoinfaucetrelay.com/the-bitcoins-earning-guide-on-how-to-make-a-good-living/

Great content and amount of information. I hope this information reaches many in third world countries. Another cool thing about Bitcoin is that in some countries it is illegal for women to have a bank account.  Bitcoin could help those women from that kind of tyranny.  Many women in third world countries make goods that are amazing and valuable to many around the world but they have no way of selling their own art...Bitcoin could help with this.  thank you for sharing this information.


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January 11, 2016, 05:05:38 AM
 #33

If you open your own simple Faucet site, you should be able to increase your daily income to 30 – 35 US-$
Really? You can earn that much from a typical faucet site? That seems unlikely.

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January 11, 2016, 05:25:32 AM
 #34

I quit faucets for the most part as they were taking forever to get too far and they were invading my sleep hours even. I just up

and quit faucets. I tried sig campaigns and that worked and mining as I have a miner. I sell the coins I make with the miner, they

are altcoins that I mine and exchange for btc to sell on exchanges and send them to my wallet.

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January 11, 2016, 05:37:23 AM
 #35

Thanks for this guide mate. its going to be useful.
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January 29, 2016, 12:40:37 PM
 #36

If you open your own simple Faucet site, you should be able to increase your daily income to 30 – 35 US-$
Really? You can earn that much from a typical faucet site? That seems unlikely.

That is the earning for the operator of a faucet. It is not for the users of a faucet. A user might earn $1 per day.









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May 25, 2016, 05:42:00 PM
 #37

You are mind blowing man, how can you get it? I m surprise to see it, its mean bitcoin is popular online currency than others, so mostly countries's people like it and using it, i m also from Pakistan and i am glad in my country people are using it but not too much but sure.   

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May 27, 2016, 01:34:19 AM
 #38

This was written a while ago but it still stands for poor countries to make a living, thee is an original post i made a wile back here is the link.

http://bitcoinfaucetrelay.com/the-bitcoins-earning-guide-on-how-to-make-a-good-living
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May 27, 2016, 06:13:25 AM
 #39

Clicking on facets is a horrible waste of time. 0.004 BTC per day is only $1.32 at the current price. That's pretty bad even in countries where the per capita income is only $5 per day.

Yes it is, but it is better than no income. Most of these people are unemployed and receive zero income. If they can pool together and create a referral network, it would turn into something much bigger and possibly passive income in the future.

My kids started this at school and quickly built up a referral network of 500 kids on 5 faucets, doing this daily. They stopped solving Capthas and now get passive income from this, when the other kids use the faucets. This was a very successful project for them.   

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May 27, 2016, 11:06:08 PM
 #40

Clicking on facets is a horrible waste of time. 0.004 BTC per day is only $1.32 at the current price. That's pretty bad even in countries where the per capita income is only $5 per day.

Yes it is, but it is better than no income. Most of these people are unemployed and receive zero income. If they can pool together and create a referral network, it would turn into something much bigger and possibly passive income in the future.

My kids started this at school and quickly built up a referral network of 500 kids on 5 faucets, doing this daily. They stopped solving Captchas and now get passive income from this, when the other kids use the faucets. This was a very successful project for them.   
Wow that is awesome and the kids can make money just for playing. I'm very impressed !!!    Grin Grin Grin Grin Grin
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