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Author Topic: Why Newbies should stay away from Faucets  (Read 1028 times)
Aigan (OP)
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November 07, 2017, 03:11:11 PM
 #1

First things first, what is Faucet?
- Faucet is a given name to website or app  that gives free bitcoins and litecoins

The main reason why I wanted to post this is to make us newbies like me to know that faucets is a BIG WASTE OF TIME. Yeah, it's a waste of time I can earn more money selling candies and cigarettes for a day than you doing faucets for a month.

We don't really make money doing faucets. It's the sites who are making money fron you. Not the other way around.

Why am I saying this? Because I also tried faucets for 3 days. I was so happy on my very first payput which is 200k litoshi. That sounds a lot right?  Guess what? I earned $0.6  in 3 days by doing faucets. That's way less than than trash. They make money from you from us. Every ad we clicked they earn money.  Much more money than all of our faucets combined. That they still exist.

I say again stay away from faucets.  It's a waste of time. Sell sone candies outside and you will earn more.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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November 07, 2017, 04:22:33 PM
 #2

Good evening ! came to the same conclusion after a couple of days. I fully support, there are more reliable ways of earning.
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November 07, 2017, 04:48:23 PM
 #3

I used to like suggesting people to use faucets. They're not bad if you're new to bitcoin and you would like a small amount just to play with it and have a feel on how transactions are done and how they work. Well, unfortunately the fees are too high right now that the fees are actually higher than the bitcoin you can withdraw in a day of using faucets.

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November 07, 2017, 05:57:21 PM
 #4

I used to like suggesting people to use faucets. They're not bad if you're new to bitcoin and you would like a small amount just to play with it and have a feel on how transactions are done and how they work. Well, unfortunately the fees are too high right now that the fees are actually higher than the bitcoin you can withdraw in a day of using faucets.
If you just want to try Bitcoin for the first time, yeah sure, you can do faucets. The big problem is that most Bitcoin newbies think that they can earn their life (or maybe just earn a few bucks to buy a game or something) just by doing faucets - which is something impossible or very hard to accomplish.

If you want to do faucets, do it for a week until you reach the minimum for withdraw and stop. There is no point on wasting hours of your day for several months just to earn cents.

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atronax
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November 07, 2017, 06:01:37 PM
 #5

I would recommend using faucets for newbies at the beginning of learning curve. Such a good practice in combination with article reading and forum using will give you much deeper knowledge without great losses of unprepared investing.
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November 07, 2017, 06:09:56 PM
 #6

Back when I was a newbie and before joining bitcointalk, I was never do any faucets, its just a waste of time even for newbie to try and learn something.

Spending like 30-40 bucks to buy eth or some coins similar to btc and learn through exchanging, managing your wallet, sending/receiving, etc. will be a lot more valuable than faucets  Grin
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November 07, 2017, 08:40:06 PM
 #7

faucet satoshis are just slavery
make sure you have a goal before doing it
once you achieve your goal, leave it alone

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November 07, 2017, 08:43:01 PM
 #8

Yes, it is a waste of time, i know some newbies and i have been talking to them, and they told me that one of the best sources to earn some bitcoins were the faucets, and this is incredible, i tried to explain them that it was a horrible idea and that they were not even going to earn anything within a month if they will keep using those shitty faucets.
They are always mentalized about using those kind of programs who will give them 3 cents a day in exchange of they whole time, and this is not worth it at all.


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aardvark15
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November 07, 2017, 09:28:06 PM
 #9

First things first, what is Faucet?
- Faucet is a given name to website or app  that gives free bitcoins and litecoins

The main reason why I wanted to post this is to make us newbies like me to know that faucets is a BIG WASTE OF TIME. Yeah, it's a waste of time I can earn more money selling candies and cigarettes for a day than you doing faucets for a month.

We don't really make money doing faucets. It's the sites who are making money fron you. Not the other way around.

Why am I saying this? Because I also tried faucets for 3 days. I was so happy on my very first payput which is 200k litoshi. That sounds a lot right?  Guess what? I earned $0.6  in 3 days by doing faucets. That's way less than than trash. They make money from you from us. Every ad we clicked they earn money.  Much more money than all of our faucets combined. That they still exist.

I say again stay away from faucets.  It's a waste of time. Sell sone candies outside and you will earn more.

I don’t think there’s anything wrong with doing faucets, but you could probably earn more money in other ways. With that being said, the small amount you get from a faucet today may be worth a lot more in 5 years.

It just comes down to how you want to spend your time and whether you have a better way to accumulate Bitcoins. Most people can get more Bitcoins by doing signature campaigns on this forum, so you should probably try that first as a high priority.
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November 07, 2017, 09:30:25 PM
 #10

Amen to that !
Very true ,faucets are a waste of time. Fuckin' captchas !
SyGambler
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November 07, 2017, 10:20:28 PM
 #11

faucets are a waste of time indeed , but when it come to newbies I can't say to them stay away from faucets
faucets can help new users to understand how to start dealing with bitcoins without the need of investing from their own pocket , so they can at least start experiencing how to set up a wallet and how to start receiving  or sending bitcoins

so it's not a complete wasted of time , it's a good way to start experiencing the blockchain and I still recommend faucets for new comers who have a lot of questions about how to start with bitcoin
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November 07, 2017, 10:22:08 PM
 #12

Faucets are waste of time cause the reward in claiming os too small ,you cant even make 100k satoshi a week its better to do small task rather than faucets

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November 07, 2017, 10:27:26 PM
 #13

I agree. I didn't know what faucets were but I tried them and thought was a good bet... But it was just a waste of precious sleep time. The sites make the money and we practically do not get anything even after spending a lot of time on it. Some of them even do not complete the complete activity. Just before it ends it throws out an error. 
Newbies like me should stay away from it.  Angry

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November 07, 2017, 10:37:32 PM
 #14

First things first, what is Faucet?
- Faucet is a given name to website or app  that gives free bitcoins and litecoins

The main reason why I wanted to post this is to make us newbies like me to know that faucets is a BIG WASTE OF TIME. Yeah, it's a waste of time I can earn more money selling candies and cigarettes for a day than you doing faucets for a month.

We don't really make money doing faucets. It's the sites who are making money fron you. Not the other way around.

Why am I saying this? Because I also tried faucets for 3 days. I was so happy on my very first payput which is 200k litoshi. That sounds a lot right?  Guess what? I earned $0.6  in 3 days by doing faucets. That's way less than than trash. They make money from you from us. Every ad we clicked they earn money.  Much more money than all of our faucets combined. That they still exist.

I say again stay away from faucets.  It's a waste of time. Sell sone candies outside and you will earn more.

Let newbies do faucets and realize something.

Why? Look at you guys now. You are now aware that faucets is waste of time and you will think now of other way to earn bitcoin. Because faucets rewards are low, you will work now to learned other things that can give you bitcoin in return that is worth it with the time you will spend.

I will never reached the status of my gained knowledge today if I didn't encounter faucets. Faucets back then are high paying and I can earned 150,000 satoshis a day but that will eat 6 to 7 hours. Because of that time consuming method, I seek another way and the rest is history.

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November 07, 2017, 10:50:17 PM
 #15

cause faucet claiming is not profitable. time lose, money lose, effort loss,.........etc
so it is better to avoid faucet.
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November 07, 2017, 10:59:14 PM
 #16

That does make sense, I checked a few faucets which required me to check advertisements for a small payment of a few cents. Then I realized they would never really send the Bitcoins directly to your wallet. It's such a bad scheme.
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November 07, 2017, 11:59:06 PM
 #17

i see many people success with faucet, why ? see the first time if your made an account and the account is banned from posting here.. then we need to pay fee and we don't have a money for that time.. and the message says "if you don't have money you can earn with FAUCET", then FAUCET is good to start earning your bitcoin, aren't it ?

so never underestimate what is the benefit from FAUCET !!

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November 08, 2017, 03:30:26 AM
 #18

That does make sense, I checked a few faucets which required me to check advertisements for a small payment of a few cents. Then I realized they would never really send the Bitcoins directly to your wallet. It's such a bad scheme.

Yes the amount you earn with a Faucet is actually very small ... this Faucet you mentioned looks to be very bad ...

If you want a nice working Faucet look at Freebitco.in (they are paying directly to your wallet for free every weekend (if you have collected a minimum sum), you can win there big amounts and you can bet there) … It's a well known Faucet which is paying for a long time, too ...

P.S.: If you want to register I would be thankful if you could put in the code: 3099539 in the field for "Your Referrer" ... Thanks a lot  Smiley
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November 08, 2017, 04:03:22 AM
 #19

Well, a faucet is a good option for the first time Bitcoin users as you have to do absolutely nothing to earn your first Bitcoin (of course Satoshis) in your wallet. However, as an investment, it is waste of time as compared to the return on investment unless there is a strong referral network under your profile. Newbies can try faucets for a week or two in order to get their hands on Bitcoin but it should not be a long-term activity if they really interested in acquiring a considerable amount of Bitcoins.
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November 08, 2017, 05:28:24 AM
 #20

I do not think like you the faucet is the best place for those who have no money to earn free. You should find the site that supports the best faucets like faucethub.io or faucetsystem
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