Quote from: karololszak on November 02, 2014, 05:04:33 PM

Quote from: dalek on November 02, 2014, 04:53:51 PM

Quote from: karololszak on November 02, 2014, 03:30:58 PM

I just found this site, faucetbox.com, seems legit, nice design and all, has a faucet list like "land of bitcoin" and even a microwallet migration guide. I'm going to move my faucet over there, we'll see how it goes...

fishy. it says it's takes 5% from faucet owners' deposits to cover the transaction fees to users, but then takes the transaction fees from the faucet users when they withdraw. so they're taking a cut from both sides and not being clear about it. and that's a hell of a lot more of a cut than microwallet takes.

"but then takes the transaction fees from the faucet users when they withdraw" - what? I haven't seen that happening.
As I understand it, if you'd have 100k satoshi on your account and you'd withdraw, you will receive 100k satoshi and they will cover networking fees (using the 5% they took from faucet owners, not you).

how could you see that happening unless you got a payout, which according to their stats page would take 259 days since they only have a single faucet paying 50 satoshi every 3 hours.

i inferred that users would also be charged from this text they display to the user on their stats page: https://faucetbox.com/check/${your address}

Quote

Delaying payouts allows you to collect more coins before sending them to you. That means lower fees the next time you use them. Read more here.

but they just conveniently made their announcement post now and addressed that issue specifically:

Quote

Some people say that we take fees when withdrawing to users. Thats not true, we only take 5% fee from faucet owner on deposits, so that we can pay network fees when we withdraw to users.

timing is way too coincidental. you post "hey i ran across this competitor", then they post their initial announcement after that. maybe they are even the ones ddos'ing microwallet ;-)