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Author Topic: [help] What is faucet ? some other question about terminologies and other stuff  (Read 777 times)
Tricyraton (OP)
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July 28, 2016, 09:13:54 PM
 #1

Hey guys,
I am new here so i need to know some basic terminologies , i know couple of them , but still in need to know more .
If u share with me what u know i would appreciate it.

1. What is Faucet ? sink faucet? lol

2. Signature camping is a good place to start? right? , but my question is , will i need to spend alot of time on this forum in order to make money from them?

3. How trading works? is it like banks ? u deposit ur money there and then withdraw it with profit ? explain plz

well thts it 4 now

Thnx in advance  Cheesy
achow101
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July 28, 2016, 09:19:48 PM
 #2

Hey guys,
I am new here so i need to know some basic terminologies , i know couple of them , but still in need to know more .
If u share with me what u know i would appreciate it.

1. What is Faucet ? sink faucet? lol
A Bitcoin Faucet is a service that gives away small amounts of Bitcoin. Typically the amounts are fixed and there is a wait time between claims by the same person. They do not pay out a lot and are not a good way of earning any Bitcoin but do allow for people to get started and experiment a little bit.

2. Signature camping is a good place to start? right? , but my question is , will i need to spend alot of time on this forum in order to make money from them?
Signature Campaigns are not really good places for newbies to start. You should first learn the rules of the forum (read https://bitcointalk.org/index.php?topic=703657.0) by reading the stickied threads. Next, post, be active and contribute to discussions in order to rank up. Sig campaigns should not be the reason that you are here, but rather a reward for the posts that you make. The main purpose of being on this forum should be to discuss Bitcoin with others. If you do join a sig campaign, please, do not spam. Think before you post, if the post adds nothing new to the discussion, don't post.

3. How trading works? is it like banks ? u deposit ur money there and then withdraw it with profit ? explain plz
No, that is not how trading works. Trading works by buying and selling Bitcoin (or any other currency or stocks). You deposit money and then buy and sell Bitcoin at different prices on an exchange in order to earn a profit.

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July 28, 2016, 09:36:59 PM
 #3

Member knigthdk well answered OP question, but I want to add my two cents.
1. Faucet are websites which are giving small amounts of bitcoin to users, for solving captcha. Faucets are paying from their advertisements revenue, so rewards are small. It's also possible to promote faucet referral link, to earn some % of your referral earnings.

2. Signature campaign isn't best for newbies, higher rank members can earn more from it. All campaigns have different rules and payment rates. Earnings depends of your campaign payment rates and your post count. If you hsve knowledge about bitcoins, can write fast and constructive, then you won't to spend lot of time in forum.

3. No, trading isn't like banks. You need to buy bitcoin or other coin in cheap price, and when price of coin rises, you have to sell coin to get profit.

Tricyraton (OP)
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July 28, 2016, 09:45:01 PM
 #4

First of all thnx for sharing ur info,

Signature Campaigns are not really good places for newbies to start. You should first learn the rules of the forum (read https://bitcointalk.org/index.php?topic=703657.0) by reading the stickied threads. Next, post, be active and contribute to discussions in order to rank up. Sig campaigns should not be the reason that you are here, but rather a reward for the posts that you make. The main purpose of being on this forum should be to discuss Bitcoin with others. If you do join a sig campaign, please, do not spam. Think before you post, if the post adds nothing new to the discussion, don't post.

Secondly i have already read the rules , i don't usually post anything untill i read section's rules in any forum tht i join.
i didn't mention that sig camping r the reason 4 me to join so don't attack me with tht , it was just a question as for the time i mentioned , i guess nobody likes his time 2 be wasted, and ofc am here to share wht ik and to increase my info and i don't think so i spammed anything. Idk but i feel like u r threatening me more than helping me ....

Thnx Anyway ....
Tricyraton (OP)
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July 28, 2016, 09:55:43 PM
 #5

Member knigthdk well answered OP question, but I want to add my two cents.
1. Faucet are websites which are giving small amounts of bitcoin to users, for solving captcha. Faucets are paying from their advertisements revenue, so rewards are small. It's also possible to promote faucet referral link, to earn some % of your referral earnings.

2. Signature campaign isn't best for newbies, higher rank members can earn more from it. All campaigns have different rules and payment rates. Earnings depends of your campaign payment rates and your post count. If you hsve knowledge about bitcoins, can write fast and constructive, then you won't to spend lot of time in forum.

3. No, trading isn't like banks. You need to buy bitcoin or other coin in cheap price, and when price of coin rises, you have to sell coin to get profit.


Thank u so much for these brief info , i think i got an idea about them   Cheesy
achow101
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July 28, 2016, 10:02:17 PM
 #6

First of all thnx for sharing ur info,

Signature Campaigns are not really good places for newbies to start. You should first learn the rules of the forum (read https://bitcointalk.org/index.php?topic=703657.0) by reading the stickied threads. Next, post, be active and contribute to discussions in order to rank up. Sig campaigns should not be the reason that you are here, but rather a reward for the posts that you make. The main purpose of being on this forum should be to discuss Bitcoin with others. If you do join a sig campaign, please, do not spam. Think before you post, if the post adds nothing new to the discussion, don't post.

Secondly i have already read the rules , i don't usually post anything untill i read section's rules in any forum tht i join.
i didn't mention that sig camping r the reason 4 me to join so don't attack me with tht , it was just a question as for the time i mentioned , i guess nobody likes his time 2 be wasted, and ofc am here to share wht ik and to increase my info and i don't think so i spammed anything. Idk but i feel like u r threatening me more than helping me ....

Thnx Anyway ....
Don't take it personally, it's reflexive. 99% of the time when a newbie comes to this forum and one of the first posts that they make is about joining a sig campaign, then usually the only reason that person joined is to join the sig campaign to get "free" Bitcoin.

I advise that you not use shortened writing like that as it looks both juvenile and is hard to read. If you actually use the full words, post with correct punctuation and grammer, then you will be more respected and people are more likely to read what you write and consider whatever you are saying as it looks less spammy and is much easier to read.

Tricyraton (OP)
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July 28, 2016, 11:01:42 PM
 #7


Don't take it personally, it's reflexive. 99% of the time when a newbie comes to this forum and one of the first posts that they make is about joining a sig campaign, then usually the only reason that person joined is to join the sig campaign to get "free" Bitcoin.

I advise that you not use shortened writing like that as it looks both juvenile and is hard to read. If you actually use the full words, post with correct punctuation and grammer, then you will be more respected and people are more likely to read what you write and consider whatever you are saying as it looks less spammy and is much easier to read.

Thanks for your advice , i will look into it and try my best.
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July 29, 2016, 12:10:44 AM
 #8

A faucet is a site which gives you tiny amounts of money for free. They however do make a killing from ads. Using faucets are not recommended, they can even have malware.

Signature campaigns are good if you are an active member of the community, not because you simply want money.

Trading is not like banks.

looking for a signature campaign, dm me for that
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July 29, 2016, 01:28:16 AM
 #9

A faucet is a site which gives you tiny amounts of money for free. They however do make a killing from ads. Using faucets are not recommended, they can even have malware.

Signature campaigns are good if you are an active member of the community, not because you simply want money.

Trading is not like banks.


See OP still rank newbie I think a little harder to join the signature campaign although there are some who receive newbie with little fairly payment. And I think faucet is the right thing for the OP, but it is true sometimes faucet also contain malware, and therefore we must be selective.

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July 29, 2016, 01:33:00 AM
 #10

Hey guys,
I am new here so i need to know some basic terminologies , i know couple of them , but still in need to know more .
If u share with me what u know i would appreciate it.

1. What is Faucet ? sink faucet? lol

2. Signature camping is a good place to start? right? , but my question is , will i need to spend alot of time on this forum in order to make money from them?

3. How trading works? is it like banks ? u deposit ur money there and then withdraw it with profit ? explain plz

well thts it 4 now

Thnx in advance  Cheesy

Faucets is a place that you can earn bitcoins by only solve the captcha and you get paid, but the rates is really poor. Signature campaign is really good, but to start you need high rank account to get better rates.
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July 29, 2016, 02:41:36 AM
 #11

Faucets is a place that you can earn bitcoins by only solve the captcha and you get paid, but the rates is really poor. Signature campaign is really good, but to start you need high rank account to get better rates.

yeah but for a novice in bitcoin faucet is a great friend, a little added if you want to find a faucet might be looking for in micro earnings section. I think that the newbie can follow the signature campaign without having to wait for a high rank. Although the pay is a little bit, but I think it was passable than not get anything.

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July 29, 2016, 06:35:28 AM
 #12

Bitcoin faucets or any other faucets was meant to introduce people to the technology/currency by dropping some minute quantities of the currency into their address for solving some micro task. {solving a captha} The capthca was just introduced to stop people from using non-human ways or bot to rape these systems.

It has now grown into a money making business, because it is funded through advertisements and the host take a cut from the earnings for himself now. ^hmmmm^

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August 01, 2016, 02:59:33 PM
 #13

faucet is a site that distribute coins free of charge to any user who completed the task ordered by the owner of the faucet (Captcha)
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August 01, 2016, 03:24:47 PM
 #14

Faucets will give out free Bitcoins, you can also try sites like 2captcha. Signature campaign is good when you are a member or above. There are many trading guides online, it depends on what you want to trade, it is not like a bank, it is similar to gambling in a way that you could lose your money as well as make money.
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August 02, 2016, 02:57:43 AM
 #15

Faucets will give out free Bitcoins, you can also try sites like 2captcha. Signature campaign is good when you are a member or above. There are many trading guides online, it depends on what you want to trade, it is not like a bank, it is similar to gambling in a way that you could lose your money as well as make money.

No dude, Trading is not similar to gambling.
just tell a work which don't have risk and chance of loose? trading also have some risks and chances of loose money. but if someone become a good trader, he can obtain his work properly and can recover all loses next time.
trading is not like bank.
trading is the name of buying something and selling it back. now it is up to the person that what he like to trade. trade Currency. trade goods, trade accounts.

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.TONUP..
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