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Re: How to 200k satoshi mount with faucet.
by
LTU_btc
on 09/12/2017, 23:04:37 UTC
Time spent - money earned - faucets are waste of time for everyone.
Not for everyone. People from 3rd world countries still can make decent amount of money from faucets. Offcourse, claimingfrom faucets all day long is waste of time. But if you claim only on your free time sometimes, I don't think it's bad. It would be best to find some referrals - then you would earn some passive income without wasting time.
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If there were no faucets no one would known how to use bitcoin?
No, by using faucets people can learn only some basic things about transactions, fees, choose their wallet, try to send their first satsoshi, which they got from faucets.
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They don't have 10$ to buy few satoshi?
For some people even $10 means a lot.
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This is bullshit and not true. Mining doesn't need big investment, you can always buy old GPU's and mine altcoins which many are doing. It is far better than doing faucets.
What kind of knowledge are you talking about? They can't read and do research about mining? It's called laziness.
I was talking about buying mining rigs. It requires big investments, technical knowledge and profit calculations. I'm not familiar with GPU mining nad I can't say much about it. Maybe you are right.
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Newbie need 1 month and 30 posts to become junior member and join bounty campaign.
You can basically learn new language in a month or two, i don't see how hard can it be to do research about bitcoin and altcoins in that time and write quality posts.

You are right about it. But there are so many low ranked users spamming here, so I think it's better to join campaigns when you reach higher rank and already have enough knowledge to make good quality posts.
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Hardly newbies can trade with money collected from faucet. First month they will collect money just to pay fees. Oh, wait, did I said a month?
By that time they become junior members here, did research and know things about bitcoin. They don't need faucets anymore because they already know something, right? Do you see how ridiculous is to say that newbies need faucet to learn about bitcoin nowadays?
Well, withdrawals from faucets don't have big fees and they can withdraw faucet earnings to exchange deposit address to bypass big fees.
I'm not saying that newbies need faucets to learn about bitcoin. I just don't see nothing bad that people are still using faucets nowadays.