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Author Topic: Don't doubt the power of Faucets!  (Read 1115 times)
jak3
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October 10, 2017, 08:12:26 PM
 #21

I did not get it exactly what you have in mind. Even if you use 20faucets per hour for 10hours or so then also you will be able to make hardly around 0.004btc to 0.006btc. But if you spend Your time using your skills like web development or software making skills you can make around 0.05btc in that same amount time. and I think that will be much more secure and worthy.
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October 10, 2017, 08:32:19 PM
 #22

Faucets just don't pay out any tangible amount, and the amount that BTC will have to go up for the fraction of a cent worth right now to have any useful value is astronomical.


Quote
I did not get it exactly what you have in mind. Even if you use 20faucets per hour for 10hours or so then also you will be able to make hardly around 0.004btc to 0.006btc. But if you spend Your time using your skills like web development or software making skills you can make around 0.05btc in that same amount time. and I think that will be much more secure and worthy.

If you read what i'm saying, it's about the interest. That's the difference. Without interest....this is all useless. With interest it is one of the most profitable things you can do.

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October 10, 2017, 08:37:12 PM
 #23

I agree, I just hate it when an advert comes blasting out my speakers. Makes me jump every damn time haha.
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October 10, 2017, 08:38:57 PM
 #24


Later Edit:
I took a look, I don't like it.
Try to take a look at NEO and GAS, you might get more interest there; the current rate is 8.4%.

First of all, are these Altcoins or exhanges? basically if involves trading i'm just going to chill. Also, freebicoin has been there a while and have proofs not only for their payments with no complaints, but also give out prizes like hardware wallets and the like. To each their own.

The problem with higher interest rates is that there is higher risk involved. Especially with lending. I'd rather be the tortoise than the hare.

Quote
I agree, I just hate it when an advert comes blasting out my speakers. Makes me jump every damn time haha.
Truth XD

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October 10, 2017, 08:41:14 PM
 #25

Faucets are a huge waste of time--but only at today's prices.  If you'd claimed from them back in 2010 and kept everything, you'd be pretty well off.  Same goes for now.  If bitcoin goes up to $1 million in 5 years, you'd be looked upon as a very smart, savvy faucet-claimer.  So you just never know.

OP, I don't know about your system.  Maybe it'll work for you.  Me, I claim from moonbit and moondoge and that's more than enough time spent on them.

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October 10, 2017, 08:41:30 PM
 #26

You made 0.10 with this proccess, so why haven't you quited your job already!!? It is a huge money mate! You are millionaire because your faucets! Omg, i can not believe it! i will destinate 20 hours a day so i can make 0.10 bitcoins in 6 months! It is amazing! So i will lend on those sites that will surelly NOT scam me and i will be millionaire in a few days only by faucets! What a nice guide mate!


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hypersonic1 (OP)
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October 10, 2017, 08:53:49 PM
 #27

You made 0.10 with this proccess, so why haven't you quited your job already!!? It is a huge money mate! You are millionaire because your faucets! Omg, i can not believe it! i will destinate 20 hours a day so i can make 0.10 bitcoins in 6 months! It is amazing! So i will lend on those sites that will surelly NOT scam me and i will be millionaire in a few days only by faucets! What a nice guide mate!

What's up with all the asshats posting on what is a well meaning post. if you don't want free money just shut up and walk away. XD. I'll make free money with no effort either way. If you read my posts i don't even have to click on the faucets anymore. and yes I can actually quit my job in the next couple years.

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October 10, 2017, 09:03:58 PM
 #28

You can create here your faucet list or better your faucet rotator and earn some extra Satoshi
http://faucetrotator.xyz/

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October 10, 2017, 10:04:01 PM
 #29

The interest is 0.01% daily. You will need $10.000 in BTCs (2 BTCs) to earn $1 daily passively... It's not very different from a saving bank account.

And not spending too much time, only using the main faucets, you will need to be very lucky to earn decent amount of satoshis to make this interest worth.
Like the $200 prize at FreeBitco.in or even $20 or $2 are good too... So I think if people don't work hard on faucets all day long in front of a desk they won't be able to buy even a beer every week with their earnings from this activity.

If you have a network of friends, relatives working together it can work better on long term. Also, the appreciation in BTC price on long term can help a lot!

 
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October 11, 2017, 12:31:52 AM
 #30

The interest is 0.01% daily. You will need $10.000 in BTCs (2 BTCs) to earn $1 daily passively... It's not very different from a saving bank account.

And not spending too much time, only using the main faucets, you will need to be very lucky to earn decent amount of satoshis to make this interest worth.
Like the $200 prize at FreeBitco.in or even $20 or $2 are good too... So I think if people don't work hard on faucets all day long in front of a desk they won't be able to buy even a beer every week with their earnings from this activity.

If you have a network of friends, relatives working together it can work better on long term. Also, the appreciation in BTC price on long term can help a lot!

For me I can already do that per week Smiley it's partially because I have active referrals.

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October 11, 2017, 01:59:28 AM
 #31

The interest is 0.01% daily. You will need $10.000 in BTCs (2 BTCs) to earn $1 daily passively... It's not very different from a saving bank account.

And not spending too much time, only using the main faucets, you will need to be very lucky to earn decent amount of satoshis to make this interest worth.
Like the $200 prize at FreeBitco.in or even $20 or $2 are good too... So I think if people don't work hard on faucets all day long in front of a desk they won't be able to buy even a beer every week with their earnings from this activity.

If you have a network of friends, relatives working together it can work better on long term. Also, the appreciation in BTC price on long term can help a lot!

For me I can already do that per week Smiley it's partially because I have active referrals.

Yes, that is another good point. Who has many referrals can maximize their earnings on maximum. And a good strategy is like what I said: If you have a network of trusted people you, each one at his own house, using his own computer/mobile. So you can refer them and they will produce comission. You can take the money of everyone and put to generate interest in one place, but you need to share it later with everybody...

This way you can grow your fortune faster. And this strategy can be used on several faucets at same time... (FreeBitco.in and FreeDoge.co.in are strategic faucets to put this idea in practice).

 
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October 11, 2017, 11:50:52 AM
 #32

I get your point - choose few faucets, claim from it and put earnings to freebitco.in to earn interest. The problem that nowadays faucet earnings is very small and you will earn only dust in this way. I'm happy that I discoverd faucets few year ago, when bitcoin was $200, faucets had Adsense and rewards was much higher. It was possible to earn few hundred thousands satoshi in few hours. I hold faucet earning until now, and now it's solid money.
Now only way to get decent earnings from faucets is referring as many people as you can

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October 11, 2017, 01:23:24 PM
 #33

You:re totally right about the rewards going down, even last year you could get muuuch higher rewards. For my part i have referrals and also have enough bitcoin to make it all work the way I intend, even so a dedicated person could scrape it together if they put the part time effort in.

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October 11, 2017, 03:54:34 PM
 #34

Hi OP!

I collect satoshi from Freebitcoin also. May I know how many referrals do you have? It seems that you have big trust in Faucets.
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October 11, 2017, 07:33:01 PM
 #35

I've seen some people say that faucets are a waste of time. I've found the perfect balance that proves them wrong.

As part of your balanced Bitcoin diet you would be foolish to ignore especially the better of the faucets available to the community.

How to use faucets properly:
1)Find a system that pays you interest to hold BTC with them.

2) Find 5 or so faucets with decent rewards that pay on the hour in BTC or alt coins as well.

3)Funnel all of your winnings into the Faucet, wallet or account that pays interest.

4) Watch as  you start making thousands upon thousands of satoshi a day.

That's the true way to take advantage of micro earnings.

It's weird to see people putting it down, it's free money you don't even have to search for on the streets and perfect for a long term investment strategy.

Doing this in addition to mining and buying will mean you will grow your bitcoin amount quickly.

(an example is combining the moon faucets with the freebitcoin ones and or Bsave)

(For the people that aren't actually reading my responses i'll add. I don't sit on my computer all day, I hit these faucets at work, hanging out at the bar, hiking in nature, practicing martial arts etc using my phone. i'm not chained to my desk, it's the beauty of these faucets while accruing interest)

Thoughts, discussion welcome. Smiley

Good post, I'm not sure about Bsave though. I took a look at their site and there's various spelling mistakes etc in the text which always sends alarm bells ringing, especially as they claim to be based in London. (It's very easy to get a London/UK address and phone number wherever you're based in the world - loads of companies offer this service). Anyone else had experience of them?

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>> Freebitco.in - Win a LAMBO! Faucet, betting + EARN INTEREST on your BTC <<
>> Cointiply - high paying SURVEYS, BTC faucet, videos, Jackpot, PPC, PVP game soon <<
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October 11, 2017, 11:14:31 PM
 #36

They would work slightly better for most us, if they paid less for referring and more to individuals. As it stands it's mostly worth it for those with a large number of affiliates.
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October 12, 2017, 01:35:19 AM
 #37

WHAT ARE SOME OF THE INVESTMENT WALLETS OR TRADES

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October 13, 2017, 10:08:20 PM
 #38

I believe in faucets, there's still money to be had... Cool

I agree - you need to dig out the best ones and be persistent. Look at the price of bitcoin at the moment - that dust in your wallet may be worth something yet!

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October 14, 2017, 01:15:24 PM
 #39

I like when people are ignoring math and risk of investing money in such sites.
Unbeatable fact is that doing faucets are waste of time and if you wan't to invest money in something which will give you passive income i would rather choose to invest in trusted gambling site bankroll which holds more than $10M in cryptocurrencies than in some faucet site.
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October 14, 2017, 02:15:01 PM
 #40

I've seen some people say that faucets are a waste of time. I've found the perfect balance that proves them wrong.

As part of your balanced Bitcoin diet you would be foolish to ignore especially the better of the faucets available to the community.

How to use faucets properly:
1)Find a system that pays you interest to hold BTC with them.

2) Find 5 or so faucets with decent rewards that pay on the hour in BTC or alt coins as well.

3)Funnel all of your winnings into the Faucet, wallet or account that pays interest.

4) Watch as  you start making thousands upon thousands of satoshi a day.

That's the true way to take advantage of micro earnings.

It's weird to see people putting it down, it's free money you don't even have to search for on the streets and perfect for a long term investment strategy.

Doing this in addition to mining and buying will mean you will grow your bitcoin amount quickly.

(an example is combining the moon faucets with the freebitcoin ones and or Bsave)

(For the people that aren't actually reading my responses i'll add. I don't sit on my computer all day, I hit these faucets at work, hanging out at the bar, hiking in nature, practicing martial arts etc using my phone. i'm not chained to my desk, it's the beauty of these faucets while accruing interest)

Thoughts, discussion welcome. Smiley

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1)Find a system that pays you interest to hold BTC with them.
This makes total sense, but it's risky. Users need to ask themselves: "Where does this person finds the interest to pay me? Is he able to keep paying me for a long period? -etc"
Nothing lasts forever, except taxes.

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2) Find 5 or so faucets with decent rewards that pay on the hour in BTC or alt coins as well.
Small cap alts have high risk, but are highly rewarding in case if you're accumulating them for a while and get lucky to exit on a pump. Risky, again

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3)Funnel all of your winnings into the Faucet, wallet or account that pays interest.
Same as #1

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4) Watch as  you start making thousands upon thousands of satoshi a day.
What happens if the "faucet" gets hacked, owners run away with money, database gets lost, insert_reason_here?

Someone who was claiming faucets in early 2015 as a hobby and kept their coins, actually made quite a lot of money.
I know someone who was doing this, and bought a car for $5000.. FROM FAUCETS.
There's factors here of course, like price fluctuation, but yes, who knows, maybe someday 1 satoshi will be equal to 1 cent Smiley

I agree with you 100% that people shouldn't doubt the power of faucets, but there's safer investment options than % paying services.
I'd personally invest money in altcoins that have true technology behind them, good developers, who solve issues when they arise, a healthy community that uses the coin(s) for a purpose/service.
(Not that this isn't risky, but here you control your own wallet/money and can exit whenever you like)

There's "faucets" that actually pay a lot of bitcoin if you use them correctly as intended.

Just, DYOR before putting your own money into someone else's wallet Smiley

Wish you good luck
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