countryfree (OP)
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Your country may be your worst enemy
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March 07, 2015, 05:51:11 PM |
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When BTC started, nobody had any and it was worthless, so it was right to give away thousands of BTC to make it popular. All that has changed. Now that BTC's worth something, now that companies are building on BTC, now that serious business transactions are made with bitcoin, it's about time for faucets to adapt.
BTC is real. It's money, and you've got to work to earn some. I hope all faucets will disappear in 2015. Faucets are hurting bitcoin by making some people believing you can get it while doing nothing sitting in your home. No, BTC isn't like that, and it shouldn't be any easier to get than any fiat currency. Even for small amounts.
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I used to be a citizen and a taxpayer. Those days are long gone.
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gadman2
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Activity: 978
Merit: 1001
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March 07, 2015, 06:20:05 PM |
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Faucets give people bitcoin to experiment with.
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Possum577
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March 07, 2015, 06:25:10 PM |
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Do you realize how little BTC faucets give you? It takes weeks to have any amount to spend on something. I guess it's as wasteful as walking around all day dropping pennies on the ground because most people don't have the patience to accumulate enough bitcoin to do anything with so it ends up sitting in a wallet in < $1 balances.
The gambling component of faucets often allows the BTC to go back to the faucet user and then the facets ads are viewed at the same time (which is the real business faucets are in, advertising.)
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jbrnt
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March 07, 2015, 06:40:39 PM |
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No sane person expects to get rich from faucets. They are wasting their time if they sit at the screen all day gathering dust from faucets. Faucets are not bad for bitcoin at all. New comers can get first hand experience on making small transactions and they can afford to make mistakes. It is a good starting lesson for any new bitcoin user.
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AgentofCoin
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Activity: 1092
Merit: 1001
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March 07, 2015, 07:03:23 PM |
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When BTC started, nobody had any and it was worthless, so it was right to give away thousands of BTC to make it popular. All that has changed. Now that BTC's worth something, now that companies are building on BTC, now that serious business transactions are made with bitcoin, it's about time for faucets to adapt.
BTC is real. It's money, and you've got to work to earn some. I hope all faucets will disappear in 2015. Faucets are hurting bitcoin by making some people believing you can get it while doing nothing sitting in your home. No, BTC isn't like that, and it shouldn't be any easier to get than any fiat currency. Even for small amounts.
New potential users of BTC need a way to get their hands on some BTC, even if it is pennies or less. Not only will it introduce them to learn and test out how wallets, addresses, private keys, transactions, and etc work, but it will allow them to participate and explore BTCs potential in a safe, non-scammy, or potentially dangerous (localbitcoins meetup) way. One of the problems with adoption is that average people have a hard time getting their hands on it easily. Faucets, I believe, are still an important factor in adoption. Faucets will always exist (even around 2140) until/unless Governments consider them money transmitters or gambling, IMO.
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I support a decentralized & unregulatable ledger first, with safe scaling over time. Request a signed message if you are associating with anyone claiming to be me.
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dothebeats
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Activity: 3766
Merit: 1354
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March 07, 2015, 07:06:44 PM |
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Do you realize how little BTC faucets give you? It takes weeks to have any amount to spend on something. I guess it's as wasteful as walking around all day dropping pennies on the ground because most people don't have the patience to accumulate enough bitcoin to do anything with so it ends up sitting in a wallet in < $1 balances.
The gambling component of faucets often allows the BTC to go back to the faucet user and then the facets ads are viewed at the same time (which is the real business faucets are in, advertising.)
Yup. And having dust inputs and outputs on your wallets may cause a lot of problems, especially within the fees.
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dothebeats
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Activity: 3766
Merit: 1354
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March 07, 2015, 07:08:30 PM |
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When BTC started, nobody had any and it was worthless, so it was right to give away thousands of BTC to make it popular. All that has changed. Now that BTC's worth something, now that companies are building on BTC, now that serious business transactions are made with bitcoin, it's about time for faucets to adapt.
BTC is real. It's money, and you've got to work to earn some. I hope all faucets will disappear in 2015. Faucets are hurting bitcoin by making some people believing you can get it while doing nothing sitting in your home. No, BTC isn't like that, and it shouldn't be any easier to get than any fiat currency. Even for small amounts.
Though faucets wouldn't help you gain or even accumulate relevant money, it still is a good way on familiarizing yourself on the basic concepts of bitcoin. Having experience being paid by bitcoin is a first step of adoption. Interest may soon follow. If interest grows, then it is very likely that the user will soon adopt the concepts and therefore use it in the future.
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Buck Naked
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Activity: 14
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March 07, 2015, 07:14:10 PM |
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People should be free to do whatever they want/like to do.
If people want to spend their time with faucets, so be it.
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NUFCrichard
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Activity: 1218
Merit: 1003
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March 07, 2015, 07:17:41 PM |
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When BTC started, nobody had any and it was worthless, so it was right to give away thousands of BTC to make it popular. All that has changed. Now that BTC's worth something, now that companies are building on BTC, now that serious business transactions are made with bitcoin, it's about time for faucets to adapt.
BTC is real. It's money, and you've got to work to earn some. I hope all faucets will disappear in 2015. Faucets are hurting bitcoin by making some people believing you can get it while doing nothing sitting in your home. No, BTC isn't like that, and it shouldn't be any easier to get than any fiat currency. Even for small amounts.
I have used some faucets in my time, but they all offer less than one cents worth of Bitcoin every few hours. I played the coin flapper game for a while too, and thought it had potential to get me some real bitcoins, but then I realised that even that would be about 30k satoshi a day, which is nothing. It is very cheap advertising that no one would go for if it were in fiat currency, it shouldn't be encouraged, but for different reasons to those you give..
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Frost
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March 07, 2015, 07:25:03 PM |
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I don't even understand why we still talk about faucets in 2015. I wouldn't even use them if I would be a newbie.
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SpanishSoldier
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March 07, 2015, 07:28:49 PM |
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When BTC started, nobody had any and it was worthless, so it was right to give away thousands of BTC to make it popular. All that has changed. Now that BTC's worth something, now that companies are building on BTC, now that serious business transactions are made with bitcoin, it's about time for faucets to adapt.
BTC is real. It's money, and you've got to work to earn some. I hope all faucets will disappear in 2015. Faucets are hurting bitcoin by making some people believing you can get it while doing nothing sitting in your home. No, BTC isn't like that, and it shouldn't be any easier to get than any fiat currency. Even for small amounts.
Wrong !!! There are faucets in FIAT world as well. They are called PTC site. Read: http://en.wikipedia.org/wiki/Paid_to_click
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rexxarofmoknathal
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March 07, 2015, 07:30:23 PM |
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Meh, nobody can really expect to make anything from faucets anymore. They're mainly to let new people mess around with tiny amounts of bitcoin so they can get an idea of how it works
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Buck Naked
Newbie
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Activity: 14
Merit: 0
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March 07, 2015, 07:41:48 PM |
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When BTC started, nobody had any and it was worthless, so it was right to give away thousands of BTC to make it popular. All that has changed. Now that BTC's worth something, now that companies are building on BTC, now that serious business transactions are made with bitcoin, it's about time for faucets to adapt.
BTC is real. It's money, and you've got to work to earn some. I hope all faucets will disappear in 2015. Faucets are hurting bitcoin by making some people believing you can get it while doing nothing sitting in your home. No, BTC isn't like that, and it shouldn't be any easier to get than any fiat currency. Even for small amounts.
I have used some faucets in my time, but they all offer less than one cents worth of Bitcoin every few hours. I played the coin flapper game for a while too, and thought it had potential to get me some real bitcoins, but then I realised that even that would be about 30k satoshi a day, which is nothing. It is very cheap advertising that no one would go for if it were in fiat currency, it shouldn't be encouraged, but for different reasons to those you give.. It was always like that, the first faucet made by Gavin paid 1 bitcoin per dispense, at the time that was like half a cent of a dollar.
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Frost
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March 07, 2015, 08:05:56 PM |
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Meh, nobody can really expect to make anything from faucets anymore. They're mainly to let new people mess around with tiny amounts of bitcoin so they can get an idea of how it works
Exactly, and they would be better of to just buy some bits for a few dollars to experiment with it.
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neoneros
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March 07, 2015, 08:06:54 PM |
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And kill the ponzi's and dicegames, more time and btc are lost there than on any faucet. Kill Candy Crush, Farm games and all other time wasting shit as well in 2015, they do not even give pennies but cost you.
I think if anything is bad, for bitcoin or just for being bad in general Faucets should not be your first concern!
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L
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March 07, 2015, 08:20:45 PM |
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Well, you can make money with faucets, by running faucet websites, or by advertising them and collect referral commission, if you have an interested audience and big enough you can make good money from faucets.
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Snail2
Legendary
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Activity: 1512
Merit: 1000
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March 07, 2015, 08:47:48 PM |
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When BTC started, nobody had any and it was worthless, so it was right to give away thousands of BTC to make it popular. All that has changed. Now that BTC's worth something, now that companies are building on BTC, now that serious business transactions are made with bitcoin, it's about time for faucets to adapt.
BTC is real. It's money, and you've got to work to earn some. I hope all faucets will disappear in 2015. Faucets are hurting bitcoin by making some people believing you can get it while doing nothing sitting in your home. No, BTC isn't like that, and it shouldn't be any easier to get than any fiat currency. Even for small amounts.
Actually in most cases ppl not getting paid for "doing nothing sitting in your home". They are watching big bunch of adds every time they go to a faucet site, therefore generating revenue for the faucet owner.
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CoinLearn
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March 07, 2015, 08:49:07 PM |
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When BTC started, nobody had any and it was worthless, so it was right to give away thousands of BTC to make it popular. All that has changed. Now that BTC's worth something, now that companies are building on BTC, now that serious business transactions are made with bitcoin, it's about time for faucets to adapt.
BTC is real. It's money, and you've got to work to earn some. I hope all faucets will disappear in 2015. Faucets are hurting bitcoin by making some people believing you can get it while doing nothing sitting in your home. No, BTC isn't like that, and it shouldn't be any easier to get than any fiat currency. Even for small amounts.
Are you crazy ?
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beaknuke
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March 07, 2015, 08:53:20 PM |
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before i started my own faucet, i spoke to the owners of the most popular ones... let put it this way, one of them said its more of an experiment and gets a kick out of it, he isn't getting rich. My own faucet is helping me cover my hosting fees at present to be honest, which is great but I still got to rely on my day job.
I started bitcoin learning with faucet money, pumping that back into CEX and then experimenting with loosing it with GHS and exchanging.. then made some bad transfers and lost money... luckily i lost small money which really came from the faucets, so i didnt care too much
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Snail2
Legendary
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Activity: 1512
Merit: 1000
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March 07, 2015, 08:58:27 PM |
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When BTC started, nobody had any and it was worthless, so it was right to give away thousands of BTC to make it popular. All that has changed. Now that BTC's worth something, now that companies are building on BTC, now that serious business transactions are made with bitcoin, it's about time for faucets to adapt.
BTC is real. It's money, and you've got to work to earn some. I hope all faucets will disappear in 2015. Faucets are hurting bitcoin by making some people believing you can get it while doing nothing sitting in your home. No, BTC isn't like that, and it shouldn't be any easier to get than any fiat currency. Even for small amounts.
Are you crazy ? No, he isn't. He rightly think that ppl should do something for getting paid. What he missed is the fact that ppl actually generating money for faucet owners, by visiting those sites and then they get paid for doing so. Certinly I can't rule out that he's just has the same strictly elitist attitude as Mircea Popescu .
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