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Author Topic: Would faucets be worth it if you thought Bitcoin will reach $1-10 million?  (Read 2899 times)
2double0
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August 02, 2014, 01:48:12 PM
 #21

No as you'd make more selling services!
forever21
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August 02, 2014, 02:47:48 PM
 #22

i think there is no more faucet if we reach that
ranochigo
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August 02, 2014, 03:02:59 PM
 #23

i think there is no more faucet if we reach that
I think OP meant that if we use faucet now, will we be wasting our time, not in the future.
I don't think it is really profitable even if it really reach that high. Even a simple low paying signature campaign can pay far more than that. It isn't possible for BTC to reach that value. In order for that to happen, we have to first stop Money laundering and Terrorist Financing. That is necessary since large adoption is required for that to happen. Government cannot allow BTC to become a legal tender because you can launder money and use it for terrorist financing. We must also convince people that BTC is more convenient than cold hard cash which cannot happen as you need a internet connection. People also think that BTC have security flaws, thus avoiding them.

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oceans
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August 02, 2014, 07:32:49 PM
 #24

Continuing to work and investing in bitcoins would be a lot more better than faucets in my opinion. Faucetting and hoping that bitcoin will keep raising in price is just assumption and to be fair doing things on assumption never really works out.
Yakamoto
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August 02, 2014, 09:54:11 PM
 #25

Continuing to work and investing in bitcoins would be a lot more better than faucets in my opinion. Faucetting and hoping that bitcoin will keep raising in price is just assumption and to be fair doing things on assumption never really works out.
This is probably the best post in this that summarizes why faucets are bad.

I'd buy Bitcoins with money from a minimum-wage job as opposed to using faucets.

None of this faucet slaving stuff, it's not viable for much. Just good for literal experimentation.
polynesia
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August 03, 2014, 04:52:00 AM
 #26

If you are a newbie, a faucet might help get you introduced to bitcoins.
But otherwise, I just think they are a waste of time.
Divinespark
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August 03, 2014, 05:08:55 AM
 #27

This is useless mental masturbation
Even if you believed that, faucets are a waste of time as you would be better off getting a good job and converting a fixed % of your take into btc every month

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Habeler876
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August 03, 2014, 06:23:24 AM
 #28

Thing is, it's not just that faucet payouts went down in fiat terms, it's that they became tied to ad revenue. Since that is so small -- and will stay so small -- return is going to be very limited. Just save up to buy a bitcoin, or half of one, and hold for the future IMO.

botany
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August 03, 2014, 07:09:26 AM
 #29

Take the change in your pocket and convert it to bitcoins, if you thing it will reach $10million.
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August 03, 2014, 07:36:43 AM
 #30

People really need to realise that faucets will never be worth it. I understand the appeal of getting your first free coins but there are much easy ways as already mentioned in this thread.
Bitsaurus
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August 03, 2014, 07:40:31 AM
 #31

Continuing to work and investing in bitcoins would be a lot more better than faucets in my opinion. Faucetting and hoping that bitcoin will keep raising in price is just assumption and to be fair doing things on assumption never really works out.
This is probably the best post in this that summarizes why faucets are bad.

I'd buy Bitcoins with money from a minimum-wage job as opposed to using faucets.

None of this faucet slaving stuff, it's not viable for much. Just good for literal experimentation.

But even making the assumption that the fiat conversion price might inflate 1000x fold, you would still be better off doing whatever you could to acquire the most Bitcoin per hour.  That is essentially the same as making the most fiat per hour.... and faucets pay less than trying to sell urine samples  Cheesy
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August 03, 2014, 07:48:46 AM
 #32

Are there any good online survey sites which would pay in Bitcoin?
JJB
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August 03, 2014, 07:59:59 AM
 #33

Are there any good online survey sites which would pay in Bitcoin?

What do you mean by good?
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August 03, 2014, 08:00:53 AM
 #34

Are there any good online survey sites which would pay in Bitcoin?

There are a few I believe but like faucets they're a complete waste of time and effort. Spend your time doing other things and you'll be better off for it. Seriously, would you really spend time filling out stuff for a few cents? I doubt it.

ranochigo
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August 03, 2014, 08:19:50 AM
 #35

Are there any good online survey sites which would pay in Bitcoin?
Survey sites are like those faucet, they don't usually pay high and the number of surveys should be quite low. They are either scams or pays very low. I haven't see any good survey sites, you can write reviews for BTC at the service section.

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Krang
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August 03, 2014, 08:40:42 AM
 #36

Are there any good online survey sites which would pay in Bitcoin?

No, there arent any "good" survey or faucet sites. Take others advise here.
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August 03, 2014, 09:10:21 AM
 #37

You're better off looking for change on the street and buying bitcoins with the found money. Faucets are a complete waste of time.

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August 03, 2014, 11:30:52 AM
 #38

some people say they are waste of time, i say they are a useful waste of time as it helps understand the coins

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August 03, 2014, 11:33:44 AM
 #39

some people say they are waste of time, i say they are a useful waste of time as it helps understand the coins
Not really, most of them have very low payouts, they have limits of at least 0.0001. You are better to read about this and understand about everything before you start wasting your time for faucets, even a dollar equates to 10 times of your continuous fauceting for one hour. It is a better choice to know if the coin is suitable for you before deciding to participate in it.

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August 03, 2014, 03:41:24 PM
 #40

oh the monetary value? no im talking about experimental money, its numbers isn't it! forward them onto Crypsy and mess about with the exchange, learn how it works and then try it with real money!  i made mistakes like forwarding coins to a website and loosing them due to some error.  But the value is peanuts yes! so what to be honest if i loose 10000 satoshi because of a pump dump!

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