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Author Topic: Is it possible to get bitcoins for free?  (Read 740 times)
Pillsike (OP)
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November 26, 2022, 05:56:09 AM
Merited by fillippone (1)
 #1

       Okay so earlier I came across a site that claimed that it's possible to get bitcoins for free by just; playing offline and online games, watching ads and videos, participating in airdrops and so on. They also recommended apps that give out bitcoin for free  like coinbase. Bitcoin, ranked as one of the most expensive cypto currencies can be earned for free by just watching ads? Nah I just find it hard to believe cause I've seen a lot of scam related schemes that claim to give out bitcoin for free. I don't know, I might be wrong cause I'm still a newbie that's why I brought this here, to see if I can get some clarification on the matter. Thank you.
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November 26, 2022, 06:30:48 AM
Last edit: November 26, 2022, 07:18:56 AM by OmegaStarScream
Merited by fillippone (2), aysg76 (1)
 #2

Possible? yes. Is it worth your time? probably not.

The same thing applies to Coinbase[1] and other similar programs[2]. Some of them require you to verify your identity before you can claim the rewards which is something I don't recommend doing.

[1] https://www.coinbase.com/learning-rewards
[2] https://www.okx.com/freebitcoin

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November 26, 2022, 07:09:06 AM
 #3

Faucets are like the OG.

Adding to what Omega said, back in the days when BTC was still in its infancy, they used to dispense large amounts which meant big banks if you held on them and never sold.

Now realistically, it's not always about earning Bitcoin, rather using fiat to buy Bitcoin. Both concepts are the same because Bitcoin is measured by its fiat value. Using the faucet example, the values per claim have mainly been in cents but BTC was only valued in cents as well. Now you'd only get like single-digit satoshis and a bunch of ads right in your face. And those courses from exchanges like Binance that give free crypto seldom teach on moving your funds to a cold wallet. If they get hacked one day, the cryptos you supposedly earn become mere numbers.

For instance, if you were to complete a job that pays $20 in Bitcoin, at the current rate of $16,550, that's ~0.0012 BTC. Some fees are lost over conversion and network/ blockchain but they're like mere cents to a few dollars at most.

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November 26, 2022, 07:53:46 AM
 #4

participating in airdrops and so on.
Back in the day, earlier 2017 was a great time for claiming free airdrops and get some good amount for doing simple tasks. In return, you would get some altcoin which you could sell for bitcoin. But these days, airdrops worth nothing. I haven't participated in any airdrop in the last few year, haven't heard any airdrop to give a good amount too. Anything you are looking for free, is a waste of time these days.

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November 26, 2022, 09:25:52 AM
Last edit: November 26, 2022, 05:17:54 PM by mprep
 #5

Possible? yes. Is it worth your time? probably not.

The same thing applies to Coinbase[1] and other similar programs[2]. Some of them require you to verify your identity before you can claim the rewards which is something I don't recommend doing.

[1] https://www.coinbase.com/learning-rewards
[2] https://www.okx.com/freebitcoin
Alright I thought as much though, I just didn't seem like something that's legit, probably not worth the stress involved in it. Thank you



participating in airdrops and so on.
Back in the day, earlier 2017 was a great time for claiming free airdrops and get some good amount for doing simple tasks. In return, you would get some altcoin which you could sell for bitcoin. But these days, airdrops worth nothing. I haven't participated in any airdrop in the last few year, haven't heard any airdrop to give a good amount too. Anything you are looking for free, is a waste of time these days.
Exactly, I did participate in a few air drops like thinking i would gain from it, it all turned out to be fake

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November 26, 2022, 09:35:20 AM
 #6

claimed that it's possible to get bitcoins for free by just; playing offline and online games, watching ads and videos, participating in airdrops and so on

Airdrops are related to altcoins. Most will give nothing or will give worthless coins you cannot exchange anywhere.
Playing games.. I don't know.

Faucets and websites that pay for views/clicks do exist and many do pay out (not all of them though!!!), but if you take into account the huge amount of time that requires, if you also take into account that your computer is also consuming electricity you'll pay for, ... it's not worth it.

Afaik the most known and reputed faucet is https://freebitco.in/, if you want to start with something, but I recommend you do something more lucrative with your time (if nothing else, then learn some skills that can give you a better paid job) and just buy bitcoin with your fiat.

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November 26, 2022, 09:37:59 AM
 #7

The answer is yes.
The faucet can give you bitcoins for free but you need to spend a long time before you can collect decent satoshis.
The best thing you can do now is buying Bitcoin and hold it.
Maybe you need to spend some money monthly to buy bitcoin but that is worth doing.
If you can go back to 2013, you will have your chances to get bitcoins for free as faucets became a way to get bitcoin but that is already happening and you can not go back to that year.
All you have to do is try to have bitcoin, whether you buy or play a faucet. Every satoshi now is worth Grin
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November 26, 2022, 10:11:19 AM
 #8

If the question is whether you can get bitcoin for free, without doing anything, the answer is no, that is, there are some ways, like faucets, but they are not profitable.
You can buy Bitcoin with your own money, get it by trading or earn it by concrete work.
You can never get something for nothing.
However, I advise you to look under market and services on this forum for ways to earn bitcoin based on specific work such as logo creation, translation, signature campaigns etc.
Through simple work, you can earn bitcoins without the risk of investing your own money. You might be interested in that.

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November 26, 2022, 11:17:03 AM
 #9

It's not "free" though, isn't it? Not because something takes little effort doesn't mean it's free. You're still wasting precious time that you could be using for something else far more productive.

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November 26, 2022, 11:33:28 AM
 #10

OP, you need to know some facts about "free" bitcoin. Most often it is a miserable amount, but if you are a beginner, it is a very good way to get better acquainted with the way the network works. You will learn more about transactions, public and private keys, tx fees etc...
in case you come across an offer that offers a much larger amount for free, be sure that it is a scam or a false offer.

It's not "free" though, isn't it? Not because something takes little effort doesn't mean it's free. You're still wasting precious time that you could be using for something else far more productive.

many do not consider their time as a valuable resource, although it is quite limited.
I guess anything can be considered free as long as you don't have to take money out of your wallet.

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November 26, 2022, 11:43:37 AM
Merited by mk4 (1)
 #11

It's not "free" though, isn't it? Not because something takes little effort doesn't mean it's free. You're still wasting precious time that you could be using for something else far more productive.

Many people don't consider investing their time as an investment, I think the OP is primarily thinking about how to get BTC without investing fiat. I agree that faucets and various PTCs are very slow and poorly paid ways to earn BTC, although some would be surprised if this was the case in the past when BTC was only worth a few hundred $. Faucets used to pay 1000 to 5000 satoshi per claim, currently they pay 1-15 sat per claim, but the fiat value of those coins has not changed too much.

What apparently no one takes into account is that these questions are mostly asked by very young people who cannot yet do anything "productive" nor can they legally buy BTC because they are underage. Sometimes it may be better to spend a little time on something than to invest directly, and besides, there are much worse ways to waste time, such as watching TV or playing games, which have become the daily routine of a large number of young people.

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November 26, 2022, 01:10:03 PM
 #12

Still it is really possible to get a bitcoin for free which is the use of the airdrops but only a small portion of it like just a limited number of satoshi and if you are asking if still ideal to have this for me now it really consumes a lot of time to wait and claim but it's up to you if you have a lot of time just to claim small portions of satoshi, if I'm not mistaken we have freebitco.in still have this kind of features.

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Crypt0Gore
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November 26, 2022, 01:15:56 PM
 #13

Once upon a time you can get BTC for free, gone are those days when BTC faucets are all over the internet and people don't care about what Bitcoin was all about, now that BTC is scarce it's impossible to get it for free.

Oh, that reminds me, freebitco still gives free Bitcoin to people but in Satoshi for example 0.00000067 BTC per hour but you will have to spend a lot of time to reach a limited withdrawal threshold.

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November 26, 2022, 02:00:31 PM
 #14

What apparently no one takes into account is that these questions are mostly asked by very young people who cannot yet do anything "productive" nor can they legally buy BTC because they are underage. Sometimes it may be better to spend a little time on something than to invest directly, and besides, there are much worse ways to waste time, such as watching TV or playing games, which have become the daily routine of a large number of young people.

I guess being underage is a totally valid excuse.

Still though, if I was underage, I'd rather play online games(like RuneScape) with sell-able in-game items. Some games can make you earn decent money(if you're in a 3rd world country) if you have a decent account and a decent in-game moneymaking method.

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November 26, 2022, 02:14:05 PM
 #15

Faucets are very generous in the past but it is reasonable when Bitcoin was not massively adopted like now and its price on market was very low.

The first Bitcoin faucet is run by Gavin Andresen and it paid to 5 BTC for each claim with easy task. Do you know what? Filling captcha and receiving 5 BTC  Grin

He announced it at Get 5 free bitcoins from freebitcoins.appspot.com

Below is the faucet with Wayback Machine.
http://web.archive.org/web/20100703032414/http://freebitcoins.appspot.com/



Nowadays, it is more realistic to work and get money in salary which can be used to buy BTC.

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November 26, 2022, 02:25:52 PM
 #16

For now, even btc faucets only make a few sats which is not worth it. Actually there are several free (real) bitcoin sweepstakes distributed on twitter every day, it's just that you have to try your luck with thousands of other participants.

Seems like it really takes some effort to exchange for a decent amount, bitcoin is currently too valuable to be free.

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November 26, 2022, 02:25:58 PM
 #17

      Okay so earlier I came across a site that claimed that it's possible to get bitcoins for free by just; playing offline and online games, watching ads and videos, participating in airdrops and so on. They also recommended apps that give out bitcoin for free  like coinbase. Bitcoin, ranked as one of the most expensive cypto currencies can be earned for free by just watching ads? Nah I just find it hard to believe cause I've seen a lot of scam related schemes that claim to give out bitcoin for free. I don't know, I might be wrong cause I'm still a newbie that's why I brought this here, to see if I can get some clarification on the matter. Thank you.

Definitely a waste of time. Much better if you focus your time on finding a job to get stable income that you can use to purchase Bitcoin rather doing time consuming things in exchange for a penny worth reward. Newbie should stop giving away there time and effort to owner of this kind of apps that surely just using traffic for there own profit and just share small portion to worker like you that do most of the job.

If you are just using free time, why not focus on freelance job that will reward Bitcoin. There’s a lot of freelance job vacancies available on LinkedIn from crypto company that in needs of additional work force for there project. Find a decent job and stop looking for free stuff. Free stuff like faucet, airdrop and etc is not worthy anymore because crypto market is already grow.

It only works before because a penny back then is now more than a dollar now due to the price growth. A price growth like that is very hard to happened on current situation.

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November 26, 2022, 02:29:12 PM
 #18

I think faucets are not worth your time. I mean, because the chances of them paying out is quite low. You will have to wait for months before you reach their minimum payout threshold. I think we, who are always looking for ways to earn more bitcoins should also bear in mind that time is the most precious resource in all of this, hence using our time on faucets is not the best thing to do.

So the conclusion is: yes it's possible to get free bitcoins but only in small amounts. If you're up for spending a lot of time accomplishing this, then go for it, if you don't have the time, then it's not worth it.

R


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November 26, 2022, 03:19:08 PM
 #19

Faucets do give free bitcoins but it's not worth it at all especially with a lot of time to spend of course this is not worth what to do unless you put money doing trades and investments then that's the way to earn bitcoins definitely not with faucets.
Except for the faucet in 2015 that gives a lot of free bitcoins but for now it is very difficult to find them and maybe a few sats will be obtained.

But you have to try with your luck on an airdrop that can produce and then exchange it for bitcoin, but you need to know that not all airdrops are good even more than fraud, which in the end we work for and don't get anything, nothing is easy in this all need hard work and patience to enjoy good results.

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November 26, 2022, 03:42:39 PM
 #20

      Okay so earlier I came across a site that claimed that it's possible to get bitcoins for free by just; playing offline and online games, watching ads and videos, participating in airdrops and so on. They also recommended apps that give out bitcoin for free  like coinbase. Bitcoin, ranked as one of the most expensive cypto currencies can be earned for free by just watching ads? Nah I just find it hard to believe cause I've seen a lot of scam related schemes that claim to give out bitcoin for free. I don't know, I might be wrong cause I'm still a newbie that's why I brought this here, to see if I can get some clarification on the matter. Thank you.
yeah, those play-to-earn games usually have a shit high fee before you can withdraw which makes the whole thing a waste of time.
NeuroticFish mentioned Freebitco.in, if you are looking for a faucet Freebitco.in is the best choice you have(at least in my opinion). what makes their faucet good is that you have a chance of winning several mbtc from their faucet. take note that the website I am mentioning is a gambling site.

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