Good Day everyone:
There are many sites out there offering what they call 'Free BTM' for clicking ads or whatever task they have you do.
There is nothing wrong with this, it can be fun, it is legit, however there is something you need to be aware of.
Whenever you send Bitcoin; there is a FEE attached to the transaction. The formula for determining this fee can get complicated, but nonetheless, there is a FEE.
The number of transactions you have accumulated receiving all these 'free' bit coins will ADD to this FEE.
Let's say you spent 4 months clicking hundreds if not thousands of times on this add that add, whatever.
Let's say you finally accumulated 90 Mbtc ( 0.090 ) BTC.
Let's say you accumulated this money over a span of 400 incoming transactions to your 'wallet'.
Now you want to send / spend that money somewhere so you go to send that 90 Mbtc off somewhere.
SURPRISE SURPRISE.
Now you find that to send that 90 mBTC you will need to pay a FEE of 25.5 mBTC because of the 'size' of the transaction, because of all those tiny inputs to your wallet.
NO, I did NOT mis read the fee, it is correct. Over 28 percent fee to use that money you earned.
If you wait a while... weeks.... months... the fee may go down a bit because of the 'age' of the money raises its priority in the system.
If you actually FUND your wallet with BTC derived from another source, say you converted Yen to BTC and put 50 BTC in your wallet, then yes; that fee is insignificant.
However if you are an individual that can easily fund your wallet with 50 BTC then chances are you are not wasting hours and hours of time clicking for micro btc inputs to begin with.
It is what it is, I am just giving you foresight right now that, if you are an individual who is clicking the sites for the little bits they hand out, you might be in for a real eye opener when you actually go to use that money you accumulated.
I am going to let this run a bit, I am going to stop accepting inputs to this wallet, and see if the fee goes down and how much over how long.
Aaron.