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Author Topic: ARE FAUCETS BULLSHIT OR NO????  (Read 400 times)
LTU_btc
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May 11, 2018, 02:13:27 PM
 #21

Faucets aren't bullshit. You hardly can earn much from faucets, but still, it's free money and you don't need to have specific knowledge to earn. Personally, I think that faucets are better than airdrops, because it's small, but guaranteed money. While from airdrops sometimes you can get just some worthless tokens which will be never listed on exchange.
Nowadays mostly people are saying that faucets are waste of time. They said same thing 4, 3 or 2 years ago. I can't agree. If you know how to get referrals and you decide to hodl your earnings, it may became worth your time. From my personal experience I can say that I earned from faucets more than from signature campaign for example.

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May 11, 2018, 06:12:25 PM
 #22

I love faucet before and untill now,because of this i started before i knew the bounty airdrop and bitcointalk.i have learned too much here for a long time before getting cash out but it is also great for beginners in bitcoin but do not give it too much time,study where the income is better.
Others admit it almost started in the faucet before arriving here.hehe.It's just a pleasure to think that we are going through the difficulties before coming here is really nice for our efforts because later on we will benefit
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May 11, 2018, 07:49:39 PM
 #23

Do you mean starting your own faucet or making claims from one?
 Maybe claiming bitcoin from faucets won't make you a millionaire but it is a start if you have nothing to invest but time. There are faucets for other coins than bitcoin you could try them.

HabBear
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May 11, 2018, 09:52:13 PM
 #24

The difference is that you talk in general and i talk about a specific faucet.

Actually, no, your subject line isn't about a specific faucet, it literally says "Are Faucets Bullshit or No?" That's pretty general, man.


Yes it is market regulated and no need a regulatory agency.
The "market" is the "claimers" and the "claimers" set the price of the WSPU2pts.

You can believe what you want, but the fact is that buyers or "claimers" aren't regulators. If I participate in your faucet I have no interest or role in verifying the sound nature of your coin or your operation. Participants don't ensure you're treating customers/participants fairly.

Regulators are independent. Regulators role is to verify that a business is treating its customers fairly. That's the definition. And no, the cryptocurrency market is not regulated.

Do you believe that all my faucet users claim and trade for the cash?

I don't know anything about your faucet.

On the topic of faucets, the best is Freebitco.in. They're willingness to pay account holders 4% interest on their balances is the most appropriate thing offered by bitcoin faucets or exchanges. It's the way the market his heading...it only takes time. But soon people with begin to demand more for the risk they take with faucets and bitcoin exchanges, paying interest will become the norm.
Alluro
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May 12, 2018, 01:17:26 AM
 #25

Faucets are wasting your time in these days mate. There are too many ways to earn some coins to trade. You can participate bounties and airdrops in here.
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May 12, 2018, 12:39:45 PM
 #26

---
It is true that if you would have enrolled in using faucets few years back you would be successful in getting 0.002 btc per week or more depending upon the time you spent. But at current payout rates of just ew satoshis, it is not the best use of your precious time.

Faucets should only be used as a means for newbies to get into crypto and making them comfortable in getting used to wallets, transactions,etc and not to be taken as a source of income.

triciaa478
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May 12, 2018, 12:52:44 PM
 #27

Don't waste your time on faucet , it is not going to pay for your time nor even buy you a cup of coffee. And most faucet sites are not honest, they don't even pay the satoshis you acquired. Save your time for airdrop or bounties.
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May 12, 2018, 12:54:36 PM
 #28

They are a waste of time now.
mithrim
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May 12, 2018, 01:50:08 PM
 #29

I'd suggest you just try it. It's not a waste of time if you learned something while doing it (just my opinion). It's always best to experience something by yourself instead of asking others. Just be cautious, crypto is full of scam and malicious sites.
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May 12, 2018, 01:57:25 PM
 #30

A waste of time, you cant even earn 1btc in a year doing faucets everyday. There are lots of online job and task that will worth your time than claiming on faucets everyminute.

upekhaanthony
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May 12, 2018, 06:21:42 PM
 #31

If you want the fund to trading for free( actually not for free, they paid for your effort.) then bounty programs and Airdrop for you. Today a lot of bounty and Airdrops are a scam and beware when you are selecting a program.

Trading is art. you need market knowledge as well as patient to become a success. Before going trading it is better to get a solid understand the market behaviour.

abanansah
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May 12, 2018, 06:28:28 PM
 #32

Faucet is a complete waste of time, and besides I don't see why faucet will be helping you with your aim of learning to trade. In faucet you mostly entered captures, nothing to learn there. The best to learn and earn at same time is get involve with bounty and it might help you learn in the process.

MintDice
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May 12, 2018, 07:09:45 PM
 #33

If you want to spend the time and energy learning something in the crypto world, it'd be more advisable to focus on investing or trading. If you decide to participate in a faucet, just do your research and make sure it's legitimate.

Good luck!
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May 12, 2018, 10:11:36 PM
 #34

Faucets are mostly waste of time and the amount of coin you get from faucet is very small.some of the faucets are usually scam it is after you waste your time and want to withdraw that you will reliase that.The best option is to engage in bounties because you have better assurance of getting paid and also you  add more knowledge about cryptocurrency.

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May 13, 2018, 12:24:27 AM
 #35

Correct if I'm wrong
You want to make money out of faucet to start trading without investing in your own pocket?

Well, that's okay, but I warn you that doing faucets today are actually waste of time, doing faucets in the last 3 years are much more profitable than doing faucets now. You can get such a little amount of sats by doing it.

Try to level up your rank in this forum, do bounties or airdrops (be careful) if you want to earn wihout spending out of your own pocket.

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winspiral
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May 13, 2018, 07:34:27 AM
 #36

They are a waste of time now.

OK...It's a waste of time...
If I waste my time on faucets and if i waste my time on this forum ...I prefer waste time and earn few satoshis...

neo444
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May 13, 2018, 12:16:41 PM
 #37

The faucets is not bullshit but you can't make a high profit from it because they give a low number of satoshis every claim
Karisma Black
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May 13, 2018, 05:13:24 PM
 #38

Definitely BS, don't waste your time.
Everybody or almost starts with faucets until they realize how stupid they were doing so.

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kojoannan
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May 13, 2018, 05:21:07 PM
 #39

Faucet are complete waste of your time and internet data. It even belittle one intelligent, how you will be entering a website periodically for a few satoshies. Even Airdrops are more profitable and better than faucet. As a newbie, keep off faucet and focus on bounties which will help you acquire knowledge in the process.

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May 13, 2018, 05:32:28 PM
 #40

I believe that faucets are waste of time unless the user has the huge referral network under his profile and thus it doesn't make any sense to work on it without any extra benefits. When it comes to trading, the user can start learning it by actually starting with the minimum required amount and higher frequency of trades. If you are looking to earn Bitcoins without investing any money then you have to consider the second option and that is investing your time and efforts. Have a look at service marketplace and offer your skills, knowledge, experience and time in the form of useful and attractive services to others and then you can charge your fees in the form of Bitcoin, then you can invest that earning without using the money from your pocket.
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