Post
Topic
Board Scam Accusations
Merits 3 from 3 users
Re: Testnet faucet abuser with 4 accounts
by
Knight Hider
on 11/02/2024, 20:50:03 UTC
⭐ Merited by notblox1 (1) ,ABCbits (1) ,BayAreaCoins (1)
Hi Knight Hider.
How is situation with your faucet now?
I am receiving a lot of requests for testnet coins and I think there is something suspicious about this.
Maybe there are some altcoin projects that are paying rewards for testnet coins, because I dont believe all this newbies are doing some testing for nothing all of the sudden.
Do you know more about this?
My faucet sent 20 transactions in 3 days, but new accounts only get a small amount and can no longer empty my faucet.


You are right, they're earning rewards for sending testnet Bitcoin.
I just wish to inform that SatoshiVM is campaigning that users who donate 0.05+ tBTC (if I´m not mistaken) will get token allocation...


Someone made 70x profit trading testnet Bitcoin on AltQuick.com.
453.69919575   0.00000101   Wed, 31 Jan 2024 16:21:19 UTC
225.94528571   0.00007000   Thu, 01 Feb 2024 15:21:33 UTC
225.48528571   0.00007000   Thu, 01 Feb 2024 14:50:35 UTC

Buy: $19
Sell: $1338

*slow bows* Tongue

That was me.  I was tickled shitless to see that when I finally got around to the computer today.

I was shocked they sold within 24 hours, but there are clearly sharks in the waters.



Testnet is such a unique coin because buyers don't care and sellers don't care.  It's "worthless".

Each one is just worried about their time. That fact + the spread in the books = wowzers!

It's a good service on each side.  I'm glad to see my suspension confirmed in reality.  

I always wonder "Where the fuck did someone get this many TBTC?" and "Why the fuck is someone buying 0.03 BTC worth of Testnet."

Hopefully they are making something awesome or getting serious about learning how to eventually Bitcoin.

It helps keep Bitcoin Testnet circulating to people who need it.  I spoke to a seller earlier today and they had been holding on to it for over 7 years.