How much money do you earn promoting them ? $10-$20 a week is it gross or net ?
Yeah of course if you promote sites and earn from referral commissions that might be another story, but earning from faucets as a user = massive waste of time, there are other much better ways to earn, even from the worst GPT / offer wall / surveys. Those who believe wasting their time on faucets is an investment for when BTC explode are delusional. Bitcoin will NOT value to a million dollar or half, or quarter or a fraction of it - traditional investments are even safer, even with its up / down volatility, in the long term it is a safe bet, you won't build your retirement wealth with bitcoin let alone bitcoin faucets. I think bitcoin will suffer another major blow, and even if it manages to rise to 5 figures, it will remain a low 5 figure. Those who "invested" in bitcoin in early days are the ones who are in big time profits if they played their cards right, it's pointless now, I'd rather invest that $9k in a well crafted portfolio which will likely double or triple or more my money down the line, than on some bitcoin crap which is fueled by delusional and criminal activity online.
Remove darknet from the equation and bitcoin would lose most of its value and be worthless, with real world market you have ups and downs and corrections, the only time you can expect to see huge dips is during a recession, war or depression. With Bitcoin it does not take much to send it down big time. The only thing that is keeping bitcoin on life support at the moment is criminal activity online (for the most part through darknet) and HYIP / scams online in general.
The legit merchants using bitcoin are such a tiny percentage - why would you only use bitcoin if you are legit, unless you have something to hide.
So yeah the best days of Bitcoin are behind it, it might rise again to 5 figures, no doubt, and people will be all excited, and then reality will set in and boom, it will tank, but it will never reach 6 figures let alone 7, the only millionaires from BTC are those who went all in when it was worth 2 figures, assuming they were not greedy and played it right.
I hate though seeing people live on a delusional dream that will never happen, too many people are lured with false hope and get quite disappointed in the end.
Darkstar2 wrote: @S.P.
Faucets are a massive waste of time. The amount you earn are tiny fractions, hardly worth it, unless you fancy earning fractions of cents every hour, i.e. assuming a site pays 45 satoshi per hour for captcha, that's roughly $0.004 USD.
Much better wasting that energy on surveys and few cents on tasks.
The faucets is much like PTC, some generate ad revenue for your clicks and pay you fractions of cents much the same way as PTC, but sometimes less even, and others its captcha resolving, and on some its ponzi scheme element and rev sharing, so higher amount of Satoshi, but in the end the earnings are ridiculous and hardly worth it.
You are better off doing offer walls and slideshows, it's much more lucrative than btc faucets.
Bitcoin is like playing with fire, most people are greedy and do not play the game right and lose big time. Unlike stock market, which are also volatile but have small variations, Bitcoin is EXTREMELY volatile and its direction can be extremes, particularly on the down side, so whilst it might be at 9k at the time you posted, next day it could be 25%-50% less or more.
Smart investors who joined the Bitcoin wagon early when it was in the 3 digits, should have made big time profits by now, by at least selling and recovering their initial money spent + a % of their profits, and continue in time to withdraw a % of their gains, this way under worse scenario they would not lose anything but their profits above their ROI. I do not believe that Bitcoin will raise to high / upper 5 figures anytime soon, it's likely to fall back down or ease at 5k-7k levels, maybe lower.
Though in a few days when we will have disappointing news from the feds and soon when we will have a clusterf*** of an escalation of the China trade war thing , you can expect stocks to lose at least 800-1k points in the days / weeks to follow, maybe then Bitcoin can rise above 10k, who knows.......... Greed kills either way, unless you are a politician, because then you are gambling with tax payer money so no problem you will still have your yearly 600k pension + lifetime benefits and treated like royalty.
Bitcoin is just a GAME it is not backed up by anything, and what's keeping Bitcoin afloat is the scam industry online that relies exclusively on it, the near totality of HYIPs now accept Bitcoin (alongside PerfectMoney), but Bitcoin is the main currency on ponzi scheme HYIP sites and underground / illegal business, etc, so those who made profits with Bitcoin you can thank the scammers. Scammers help Bitcoin and Bitcoin help scammers flourish.
Whilst the hard working honest blokes struggle to earn a few bloody cents on those rubbish surveys !
tasman1 wrote:Nikorj wrote: I'm personally dissapointed about what bitcoin has become.
Had hoped it might could be a method of avoiding expensive transfer fees (Especially banks's and other money sharks), And what did it turn out to be??
Nothing but a pump and dump scheme, Why does greed have to destroy everything??.
A currency that volatile can't be taken seriously, So now it's just an investment scheme where a few get's rich and others have to sell their house and everything they own when they lose.
No thank's ('m out).
Yes you are right , it is just pump and dump
I invested in bitcoin 250.00 , 2 month ago at 4400.00 and no plan to sell it . It was above 8200.00 last few day , 7200.00 now, still in profit , still not selling , profit is big in % but not in dollar investment , to small so I let it stay , maybe in future bitcoin will go higher , to 20 or 30k if not no drama , can afford 250.00 loss [ that is only 500 surveys here ]