whats the point with bitcoin donations?

[KingScorpio]

i see many people accepting btc donations, on their project websites,

next to ethereum,

but bitcoin isn't donated nowadays at all its mainly just speculated with,

its mostley ethereum or waves plattform token that are being donated.

any statistics out there regarding "actual" bitcoin donations for cryptoprojects?

regards

[1714672850]

1714672850

[1714672850]

1714672850

[franky1]

donations, even if you ignore the currency type. is a flawed income generation model.

even these mainstream news sites try to avoid putting up a 'paywall' but then do a donate request. they dont get much and thats from a national fiat currency.
donations of bitcoin in the past were much higher. but that was in the time where people didnt think it would surpass $20. now people are afraid to donate and even afraid to spend bitcoin because they feel if they donate/buy coffee this year, they could have used that exact amount of satoshis to 'buy a lambo' in 2 years.

if people want income. there are many other better ways to get it

[jak3]

I don't think Bitcoin donations should be even considered as earning but I know that there is a world with a cruel business plan but anyways donations are meant to be a support for newbies because it encourages them and it shows them that Bitcoin really has a value and take and send it to gain something. I have also donated some of my cryptocurrencies at my starting time and it really increased a lot of people to learn more about cryptocurrency.

[pixie85]

Because it's an option. Why bar yourself from potential free money? There's always a chance that somebody will find your site so useful that they will donate a couple dollars in Bitcoin and putting an address out there doesn't cost you anything. Money is money, I don't see why somebody would be willing to donate ETH but not BTC.

[KingScorpio]

donations, even if you ignore the currency type. is a flawed income generation model.

even these mainstream news sites try to avoid putting up a 'paywall' but then do a donate request. they dont get much and thats from a national fiat currency.
donations of bitcoin in the past were much higher. but that was in the time where people didnt think it would surpass $20. now people are afraid to donate and even afraid to spend bitcoin because they feel if they donate/buy coffee this year, they could have used that exact amount of satoshis to 'buy a lambo' in 2 years.

if people want income. there are many other better ways to get it

this is about supporting cryptoprojects in general

bitcoins deflationary behavior, isnt good at all, and it will damage it.

main problem currently are the gambling banksters, only they can make bitcoin worth a lambo

[KingScorpio]

While it's not about cryptocurrency/cryptography project, https://pineapplefund.org/ is one of the most famous donation/charity which use Bitcoin.

Besides, there's nothing to lose by accepting Bitcoin donation even if barely any people who would do it.

there is

by accepting altcoin donations they give value to the altcoins,

i have seen so far some websites that take ETH and Waves donations but not bitcoin since they dont get any bitcoin donations anymore like it was more likely in the past

[bloodyvio]

i think because bitcoin is more suitable for investment than for donations
rather than donating people prefer to hold their bitcoin
so i think it's better to donate using other altcoins because the altcoin price is more stable
because we believe in the future of bitcoin

[pooya87]

these days people have a lot of useless shitcoins in their wallets like ethereum so they can throw them away much easier than throwing away the valuable bitcoin that is why they donate ethereum, dogecoin,... more than they donate bitcoin. they want to keep the valuable and give away the useless

[ambisyon]

In my views, I don't think people would donate their btc nowadays since this is a valuable coin that may shoot up one day at a very promising increase. People would perhaps be donating altcoins instead of btc since altcoins had only a very slow growth compared to btc that they can just easily spend.

[bp.comp69]

i see many people accepting btc donations, on their project websites,

next to ethereum,

but bitcoin isn't donated nowadays at all its mainly just speculated with,

its mostley ethereum or waves plattform token that are being donated.

any statistics out there regarding "actual" bitcoin donations for cryptoprojects?

regards

I don't think that Bitcoin donations should be considered income, but as far as I know there is a world with a hard business plan, but donations are intended to support beginners because they encourage them and that shows them that Bitcoin really has value and something.

[btcluisdiki]

In the current situation, I believe that btc is a very promising cryptocurrency that people has to value more than the altcoins because it will continue to further grow and certainly not a cryptocurrency that should be donated instead people are holding it for good. For those investors of alternative coins, they will have to donate those coins they think that has a very low chance to improve in it's market value.

[mk4]

What do you mean? Pretty much every cryptocurrency that's in existence today is mostly speculation. Bitcoin is still most likely the most donated coin, as most sites that accepts donations in crypto accepts bitcoin only and bitcoin still has the most adoption, even compared to all the other cryptocurrencies combined.

[kauban2018]

Donating points of Bitcoin means sharing what they have to others but doing it for others is something new and depend to someone who gave and share. Maybe they share because they knew that person and they also want to help in order for them to earn also. They want that his/her friend experience what they also experience. What matter most is that all the blessigs they have shared are comes from their heart.

[KingScorpio]

these days people have a lot of useless shitcoins in their wallets like ethereum so they can throw them away much easier than throwing away the valuable bitcoin that is why they donate ethereum, dogecoin,... more than they donate bitcoin. they want to keep the valuable and give away the useless

i think its just a matter of time, till the public will take the bitcoin sect to justice.

when the us dollar dies, people wont calculate their contracts in bitcoins, or their work, like they did with us dollar,

then altcoins will have completely different evaluation,

it will be then an important moment, when the pow nonsense starts to disappear again

[Kakmakr]

Donations are closely linked to the Bitcoin price. You will see as soon as the Bitcoin price increase, sites will switch or add Bitcoin donations, because people are more likely to donate something that increased in value. The volatility in some of these Alt coins is much higher than with Bitcoin, so when speculators in Alt coins double or triple their coins value, they would be more willing to donate some. 

People who make good profits, like to Pay it forward. <Look at what Bill Gates are doing with his foundation. His money is coming in so fast, he cannot even give it away fast enough.  >

[ordeath]

Bitcoin donations are the same way as any other donations, accepted only in the purpose of raising money for the thing that you are contributing in the Global welfare, or just some useful tips that you are giving, whatever you are doing well.

[shelemiah31]

Bitcoin donation is used for poor people who cannot afford to buy bitcoin.It is a good thing to hear this.Thank you for those people who are willing to share their bitcoins.Keep it up!

[bellator66]

I have also donated some of my cryptocurrency in my early days and that really increased many people to learn more about cryptocurrency. I don't think that Bitcoin donations should be considered income, but I know that there is a world with cruel business plans, but donations are intended to support beginners because they encourage them and that shows them that Bitcoin really has value

[Dogtanian]

The same reason as any other donation. Not everyone just speculates with bitcoin either. I personally do hold more bitcoins than I spend, but I like to make a few purchases every now and again. I've never donated any bitcoins though, but that's because I rarely donate to anything, and I value my money.

[Sutters Mill]

What's the point of any donations? Many people do donate bitcoin. Just because you don't doesn't mean nobody else does. I think donating money in general is rare these days though, because most people don't want to give their hard earned cash (or coins) away, but I see a fair few youtubers with crypto addresses in their descriptions boxes and if you check the addresses oftentimes they will have been sent something. I think women tend to get more donations than men though (and that's usually the case with online donations), but fans of bitcoin do tend to show their appreciation of other people also accepting it and send some money their way. Even if no money is actually donated then I still think having the donation addresses there spreads awareness or interest so it's all good.