Altcoins Talks - Cryptocurrency Forum

Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: thanks rye18 on August 12, 2018, 05:24:05 PM

Title: faucets means?
Post by: thanks rye18 on August 12, 2018, 05:24:05 PM
I heard and read many times about the term faucets does anyone here can help explain what is faucets all about?
Title: Re: faucets means?
Post by: Garuda on August 13, 2018, 09:32:49 AM
"Faucet is a website that gives visitors a number of free bitcoins every time they meet certain requirements. and this is very profitable in my opinion for Crypto users, especially Bitcoin miners and all that seek for free coins from faucet.
"
Title: Re: faucets means?
Post by: Dinid on August 13, 2018, 08:50:44 PM
Yes, like garuda said above.
Faucet is one of some ways to earn cryptocurrency for free.
Faucet offers the visitors to earn a very little amounts of cryptocurrency, by doing a simple tasks (such as : captcha, click ads, or see video).
After did the task, visitors will earn the reward. But the reward can't be withdrawn until it reach the minimum limit of withdrawal.

Mostly , faucet reward is not worth, just waste your time and data package.
Title: Re: faucets means?
Post by: akhjob on August 14, 2018, 10:24:28 AM
I heard and read many times about the term faucets does anyone here can help explain what is faucets all about?

Faucet is a website which gives free bitcoins or altcoins when a user meets certain requirements. Generally, the requirement will be to solve a series of captcha for receiving few satoshis as reward.

Normally it generates huge profits for the faucet owners. But its a waste of time for the faucet users, unless they have good referral earnings.

My advice would be to stay away from faucets if you don't have referrals under you and focus on bounty campaigns.
Title: Re: faucets means?
Post by: donz123 on August 14, 2018, 02:08:09 PM
in faucet you can earn btc for free with no hassle its very easy but not so big money.
Title: Re: faucets means?
Post by: Bobcrypto on August 14, 2018, 08:53:43 PM
Yeah! Fuacet can be in other cryptocurrency like bitcoin, and they are reward systems that dispenses rewards in the form of a tiny fraction of bitcoin or other coins, for visitors to claim. These rewards are dispensed at certain intervals of time usually from an hour, and or 30minutes.
Title: Re: faucets means?
Post by: BlockBuster9 on August 15, 2018, 01:53:42 AM
faucet is free bitcoin for peoples who meet certain requirements, such as: watching advertisements, answering surveys, playing games, etc. but the pay is very cheap. You must be patient when doing this Faucet.
Title: Re: faucets means?
Post by: sugarchrisp on August 15, 2018, 04:17:15 AM
Faucets are typically a very small amount of BTC or ETH or whatever free.  You can only use them in set increments so you can't abuse them, and you get VERY tiny amounts, like .0000001 BTC.  Even when you use it every day at every possible moment, it'd likely not be worth your time and effort.  You can probably find more money in a 7-11 parking lot in one visit than you get in a month of using faucets.  They are fun to use for the gambling websites for BTC though, but it takes a ton of effort to get anywhere.
Title: Re: faucets means?
Post by: UNIVERSE on August 15, 2018, 08:05:49 AM
As far as I know, the faucet is giving coins to visitors. This coin is given free of charge by a site if visitors can fulfill the conditions submitted by the site owner. Please correct if I'm wrong.
Title: Re: faucets means?
Post by: Sentinel on August 15, 2018, 08:38:42 AM
Ordinary Faucet is in Bitcoin. and the understanding of Faucet Bitcoin is a site / website that provides a certain amount of Bitcoin to its visitors by CLAIM a number of Bitcoin provided free of charge. basically, the visitors will be given Bitcoin for free.
Title: Re: faucets means?
Post by: shiftdel on October 08, 2018, 05:33:01 AM
Faucet is an easy way for participants to get coins distributed free in a new coin project. The mechanism of the faucet's work is almost the same as following an airdrop or bounty.
Title: Re: faucets means?
Post by: spark on October 08, 2018, 05:39:28 AM
I heard and read many times about the term faucets does anyone here can help explain what is faucets all about?

You can try to visit freebit.co.in as a start. But you cannot expect to earn much satoshi, and if I am not wrong, the reward is only ten satoshi per one hour. You can come back to play the faucet after one hour. Right now, playing faucet is not worth because the rewards reduce and if you only want to know, then it's okay.
Title: Re: faucets means?
Post by: altery0518 on October 08, 2018, 04:51:47 PM
I heard and read many times about the term faucets does anyone here can help explain what is faucets all about?

Even me is also curious about the words faucets and i'm glad if someone in this thread can give their ideas of what is faucets all about.
Title: Re: faucets means?
Post by: ZionRTZ on November 13, 2018, 09:37:52 AM
Faucets are typically a very small amount of BTC or ETH or whatever free.  You can only use them in set increments so you can't abuse them, and you get VERY tiny amounts, like .0000001 BTC.  Even when you use it every day at every possible moment, it'd likely not be worth your time and effort.  You can probably find more money in a 7-11 parking lot in one visit than you get in a month of using faucets.  They are fun to use for the gambling websites for BTC though, but it takes a ton of effort to get anywhere.

Agree to this. I tried faucets before and the time I spent there compared to what I got was not really worth it. I don't get why people still advertise them though aside from getting referrals.
Title: Re: faucets means?
Post by: Dkingbh on November 27, 2018, 06:44:15 AM
Faucet is a website that gives visitors a number of free bitcoins every time they meet certain requirements. and this is very profitable in my opinion for Crypto users, especially Bitcoin miners and all that seek for free coins from faucet.
"
Title: Re: faucets means?
Post by: Dkingbh on November 28, 2018, 09:05:17 PM
Normally it generates huge profits for the faucet owners. But its a waste of time for the faucet users, unless they have good referral earnings.

My advice would be to stay away from faucets if you don't have referrals under you and focus on bounty campaigns.