Post
Topic
Board Micro Earnings
Re: 1 Satoshi?
by
Adam556
on 21/04/2021, 13:24:05 UTC
It's interesting to read comments in that old topic. But back in December 2017 there was big bull run and Bitcoin was about $17k and even reached $20k. It would be more interesting to read answers to such question back in 2015 or 2016.
I remember that when I started to use faucets back in 2015, I didn't even bothered to claim from faucets which were giving less than 100 Satoshi. Best faucets like FreeBitco.in were giving over 1000 Satoshi, what is about $0.75 now. Damn, good times Cheesy.
Eventually, these numbers changed, later I didn't claimed from faucets which were giving less than 10 Satoshi. But now, we aren't far away from rewards smaller than 1 Satoshi. From technical perspective I think it's not big issue for faucets.
Faucets are a waste of time. In terms of bitcoin for time spent, you are better off doing pretty much anything else. Get a job and buy bitcoin or offer some service online, and you can earn hundreds of time more than you can with a faucet.
I used faucets in past and I don't consider that I wasted time on. After holding my faucet earnings for few years, now it's worth way more than I would ever afford to buy. Yes, you can say that back in 2015 I was able to spend $200 and buy full 1 Bitcoin. But for newbie without knowledge it was quite scary to invest even $200. And I didn't had any special skills, so, there wasn't many options how to get Bitcoin. And I don't even talk about income from referrals that I got.

I second this - I've made a decent chunk of change from faucet claims over the years and referrals. You just never know where the price is going next...