If you like BTC you have to use at least one faucet.
Imagine when all of a sudden, all of us stopped using faucets, how the market cap would shrink along with the bitcoin price? I would say, a lot. I have no specific data ( if any ) on how much cap is consumed by micro-earnings, only speculations tell me that it can be more than 20%.
In order to keep BTC demand at current rate, any one should use some
form of micro-online-earning systems, so that faucet owners can keep buying more, resulting in steady/constant demand growth.
Imagine when all of a sudden, all of us stopped using faucets, how the market cap would shrink along with the bitcoin price? I would say, a lot. I have no specific data ( if any ) on how much cap is consumed by micro-earnings, only speculations tell me that it can be more than 20%.
In order to keep BTC demand at current rate, any one should use some
form of micro-online-earning systems, so that faucet owners can keep buying more, resulting in steady/constant demand growth.
i would have expected such a ridiculously wrong topic from a newbie member but not from a Sr. Member after 10 months of using bitcoin!!!
the earning from faucets is too small that even if every single faucet stopped working today nothing would have changed in the world.
the market ca is 15,929,964 BTC by the time of writing this and daily trade volume is 107,378BTC
and more importantly the estimated transaction volume was 294,468.5BTC now do you honestly think the tiny amounts that faucets are dealing with which is not even 0.1BTC per month can be compared to 294K bitcoin?!!!
- all data was retrieved from coinmarketcap and blockchain.info
edit (ps) 20% of this amount is 58,893.6BTC which faucet owners combined can no even see in their dreams
