Post
Topic
Board Beginners & Help
Re: Just a friendly advice for the new guys
by
ChuckBuck
on 23/02/2015, 15:28:25 UTC
I assume that, when all of us first heard of bitcoins and started reading about it, all of us made our first few satoshis on some faucet like freebitco.in or any other, and everything was like "I'm gonna make so much bitcoins with this!". But when you use if for some time and get a little bit more into bitcoin, you'll see that that amount you've collected over a week or so, is barely worth a penny.
So here's the advice, when you first come here and read all about them faucets, don't get your hopes up (like I did) thinking you will make something out of it. Owners of those faucets are the only ones who will profit. Faucets are there just in the beginning to help you see what it's like to receive, own, send bitcoins and how to use your wallet.

Use the faucets, see how it feels to have bitcoins but don't expect anything more than that.

Good words of advice for the newbie reading up on and learning about Bitcoin.  I've actually used faucets a looooong time ago as well, not so much to accumulate or get wealthy, but just to learn how Bitcoin works, sending the dust amounts to my address, and so forth.

Once I've read up and learned as much as possible, I stopped going to faucet sites, as spending hours and hours of wasteful time, didn't make sense for getting pennies in return.

Only time faucets were worthwhile was when Gavin gave up over 10000BTC from the first faucet at 5 BTC per visitor, but back then it was worth zilch.  Imagine if you got a few hundred and somehow held on to them.   Smiley

http://web.archive.org/web/20100703032414/http://freebitcoins.appspot.com/