Why does losing ~10,000 satoshis feel so bad?

[300]

I just bet 12,000 satoshis on Freebitco.in and lost it all. In reality, 12,000 satoshis is only worth 6 cents.

The only explanation I could think of is that those 12,000 satoshis took me three days to earn. So it seems that three days worth of effort has been wasted.

Also, the opposite is true. The "rush" of winning 10,000 satoshis is disproportional to the actual value of those satoshis.

Anyone else feel the same way when betting faucet earnings?

[Lieji]

I just bet 12,000 satoshis on Freebitco.in and lost it all. In reality, 12,000 satoshis is only worth 6 cents.

The only explanation I could think of is that those 12,000 satoshis took me three days to earn. So it seems that three days worth of effort has been wasted.

You should really stop using faucets. As you said, it took you 3 days to get just 6 cents...

Anyone else feel the same way when betting faucet earnings?

Can't answer your question, as I don't use faucet myself.

[OptimusPrime7]

Yes if it is 1 BTC but 10,000 satoshi is too low...

[rarkenin]

Would you feel bad if you fauceted for 3 days and only got 6 cents, but got them successfully?

[BitsBitsBits]

I just bet 12,000 satoshis on Freebitco.in and lost it all. In reality, 12,000 satoshis is only worth 6 cents.

The only explanation I could think of is that those 12,000 satoshis took me three days to earn. So it seems that three days worth of effort has been wasted.

You should really stop using faucets. As you said, it took you 3 days to get just 6 cents...

Indeed, once you become a member (probably by next tuesday) look for a signature campaign in the Services section. The one I am using right now gives you 40,000 satoshis per constructive post.

Then instead of using shitty faucets you can make 400k satoshis a day by doing something that could help someone out some time.

[zetaray]

I get the same feeling too. Bitcoin feels like it is worth a lot more than its equivalent value in fiat. When you loose a dollar, it's no big deal, but when you loose 0.001btc, it feels like $10.

[WhatTheGox]

I just bet 12,000 satoshis on Freebitco.in and lost it all. In reality, 12,000 satoshis is only worth 6 cents.

The only explanation I could think of is that those 12,000 satoshis took me three days to earn. So it seems that three days worth of effort has been wasted.

Also, the opposite is true. The "rush" of winning 10,000 satoshis is disproportional to the actual value of those satoshis.

Anyone else feel the same way when betting faucet earnings?

Because you know one day that 10k satoshi will be worth 10k :p

J/K obviously you put effort in for the 10k you added value.

[WhatTheGox]

even PTC would earn you more then faucets..

What is PTC?

[Lorenzo]

Hmm... Perhaps it's got something to do with the numbers involved. 10,000 units of something feels like a significant amount even though in reality, it's not.

And also there's the time you spent earning that 10,000 satoshis to consider too. You spent hours reloading page after page after page, typing in captchas, and clicking on buttons just to see your balance inch slowly upwards 300 satoshis at a time. And then by gambling it all, it all went back down to 0 in the blink of an eye. Hence the disappointment.

[ranochigo]

I just bet 12,000 satoshis on Freebitco.in and lost it all. In reality, 12,000 satoshis is only worth 6 cents.

The only explanation I could think of is that those 12,000 satoshis took me three days to earn. So it seems that three days worth of effort has been wasted.

Also, the opposite is true. The "rush" of winning 10,000 satoshis is disproportional to the actual value of those satoshis.

Anyone else feel the same way when betting faucet earnings?

You probably took a long time to earn those. Losing them felt like days of hard work gone in a few bets. Betting always lose, even though it's a faucet.

[whitefly]

IMO faucets are loss of time. Find something real, don't work for pennies

[Sumerian]

it's because you consider it valuable at the time you're gambling with it. you worked hard for it.

[richardramirez9]

Hi all, faucets suck. How can i make more bitcoin? only buy? 

[Wusolini]

Hi all, faucets suck. How can i make more bitcoin? only buy? 

Hi

you can try sell something.... physical thing, or skill.

check
http://www.reddit.com/r/Jobs4bitcoins
http://bitgigs.com
http://bittask.com/

try signature campaign, here is nice overview https://bitcointalk.org/index.php?topic=615953.0

or

look for some giveaway, promo actions, contests etc.    Bitcoin Forum > Economy > Marketplace > Gambling > Games and rounds

[Lambert]

I get this feeling too. I know faucets give out nothing, but I can't help doing them.

[Baitty]

I get this feeling too. I know faucets give out nothing, but I can't help doing them.

You'll soon realize that it's a waste of your own time. within those days to get 6 cents you could of made that in 10 seconds.

[lynn_402]

I get this feeling too. I know faucets give out nothing, but I can't help doing them.

But what makes you do it? I'm curious about this.

Is it because you believe that a Bitcoin will be worth an absurd amount of money in the future? Or is it simply that it provides you a distraction while giving you the impression of doing something productive?

[PangPang]

Hi all, faucets suck. How can i make more bitcoin? only buy? 

If you have some goods or skills to sell, you can sell them for bitcoin.

Or, you could join a sig program to earn some bitcoin while posting here.
As a newbie, the best one you can join is the 777coin one, which will pay you 0.00004 btc (4000 satoshi) for each of your constructive post.
https://bitcointalk.org/index.php?topic=654009.0

[lynn_402]

Hi all, faucets suck. How can i make more bitcoin? only buy? 

If you have some goods or skills to sell, you can sell them for bitcoin.

Or, you could join a sig program to earn some bitcoin while posting here.
As a newbie, the best one you can join is the 777coin one, which will pay you 0.00004 btc (4000 satoshi) for each of your constructive post.
https://bitcointalk.org/index.php?topic=654009.0

That's cool; better than several hours of doing faucets

[ezreal]

because no one likes to lose regardless of the amount? lol.

unless we are always thinking imagine if it was $10,000 which like a high baller would feel.