usamakhalid961 (OP)
Full Member
 Offline
Activity: 238
Merit: 100
Keep smiling
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December 09, 2013, 08:13:14 AM |
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Faucet rewards decreased from 0.00000200 btc to 0.00000020btc why? its now time wasting
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For sell
just 0.01 btc per year
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Ravocado
Newbie
Offline
Activity: 28
Merit: 0
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December 09, 2013, 08:15:10 AM |
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It adjusts itself to value of bitcoin...it was a waste of time even before. Try some other ways.  |
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usamakhalid961 (OP)
Full Member
Offline
Activity: 238
Merit: 100
Keep smiling
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December 09, 2013, 08:20:22 AM |
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It adjusts itself to value of bitcoin...it was a waste of time even before. Try some other ways. no other ways |
For sell
just 0.01 btc per year
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marcotheminer
Legendary
Offline
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
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December 09, 2013, 08:32:16 AM |
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Well back then 5 btc was worth around the same sooo
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Sindelar1938
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December 09, 2013, 08:48:00 AM |
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Buy some btc and watch the action
Faucets just dont make any sense any more, if indeed they ever did
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ShameOnYou
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December 09, 2013, 08:52:49 AM |
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it's gonna keep happening when btc value rises. faucets gave so much more a couple years ago...
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Jacce
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December 09, 2013, 09:34:42 AM |
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It can still be worth it if the price keeps going up. Although, I suggest you check out http://free-btc.net.tf for higher paying faucets. |
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zuerdemon
Member
Offline
Activity: 114
Merit: 10
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December 09, 2013, 09:41:28 AM |
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Faucet rewards decreased from 0.00000200 btc to 0.00000020btc why? its now time wasting
What happens if the Bitcoin value increase by 100. Now faucet cannot afford to give even 1 satoshi anymore... |
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mladen00
Legendary
Offline
Activity: 2124
Merit: 1013
K-ing®
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December 09, 2013, 10:01:19 AM |
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faucet = commercials 4 bitcons
Now BTC dont need commercials, so value of faucets going down
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IOTA
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Elkuurbitcoins
Newbie
Offline
Activity: 49
Merit: 0
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December 09, 2013, 10:40:13 AM |
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Faucet rewards decreased from 0.00000200 btc to 0.00000020btc why? its now time wasting
What particular faucet are you talking about? There are so many out there. |
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BitcoinHeroes
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December 09, 2013, 10:58:09 AM |
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Faucet rewards decreased from 0.00000200 btc to 0.00000020btc why? its now time wasting
No, its not time wasting cause bitcoin would be 1 billion in future  |
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Elkuurbitcoins
Newbie
Offline
Activity: 49
Merit: 0
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December 09, 2013, 11:43:17 AM |
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Who knows..!  |
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Mitchell
Copper Member
Legendary
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Activity: 3962
Merit: 2207
Verified awesomeness ✔
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December 09, 2013, 11:45:18 AM |
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BTC value up -> Rewards down. BTC value down -> Rewards up. How hard is it to apply logic?
5BTC may sound like a lot now, but back in the days it wasn't worth shit.
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BlueMonkey
Full Member
Offline
Activity: 196
Merit: 100
Need any help ? Just PM me
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December 09, 2013, 01:01:13 PM |
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Faucet rewards decreased from 0.00000200 btc to 0.00000020btc why? its now time wasting
How to sustained the website if the payout very high ? Of course they only want to get profit |
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mladen00
Legendary
Offline
Activity: 2124
Merit: 1013
K-ing®
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December 10, 2013, 11:39:03 AM |
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giveaways (faucets) have been made to popularize currency.
Something (small amount) you get... and you're interested in a currency
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IOTA
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devthedev
Legendary
Offline
Activity: 1050
Merit: 1004
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December 10, 2013, 07:05:03 PM |
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Faucet rewards decreased from 0.00000200 btc to 0.00000020btc why? its now time wasting
How to sustained the website if the payout very high ? Of course they only want to get profit I was the admin of DevFaucet, most of us don't run faucets to make profit. Sorry you think that. Throughout the time DevFaucet was up (and we hope to revive it one day) we barely broke even after dispenses and server costs. |
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ajax3592
Full Member
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Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
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December 10, 2013, 07:16:06 PM |
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Bitcoin is currently at $935, faucet owners have to get their ROI. So, they adjust the payout amount according to the market value of BTC
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devthedev
Legendary
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Activity: 1050
Merit: 1004
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December 10, 2013, 07:24:24 PM |
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Bitcoin is currently at $935, faucet owners have to get their ROI. So, they adjust the payout amount according to the market value of BTC
Exactly. |
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Kotank
Newbie
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Activity: 12
Merit: 0
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December 10, 2013, 07:26:57 PM |
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Faucets were for promoting bitcoin in the first place, now that the price has shot up to what it is (heck even 9 months ago when it took off) faucets have become worthless. They did their job, but now there's little point.
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usamakhalid961 (OP)
Full Member
Offline
Activity: 238
Merit: 100
Keep smiling
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December 11, 2013, 05:36:15 AM |
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Bitcoin is currently at $935, faucet owners have to get their ROI. So, they adjust the payout amount according to the market value of BTC
BITCOIN VALUE UP means more profit for faucet owners ,So there should be no relation with bitcoin value.It should be constant.If the bitcoin price go up then they can easily pay for server and other issues |
For sell
just 0.01 btc per year
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