Good-Guy
VIP Contributor
There are many people who used to spend a lots of time earning bitcoin on many faucet sites in the past. I must say that using faucets to earn bitcoin was indeed a really profitable thing to do in the past. However, now things are really different. The fact of the matter is that there are many people who never make enough money at all when it comes to faucets.
They earn a few pennies. In the past, the value of bitcoin was incredibly low. However, since the value of Bitcoin has increased so much, the faucet site owner no longer pay a single bitcoin for each faucet claim. They now pay you in Satoshis. In case, the value of Bitcoin drops a lot, then it might be possible for faucet sites to become profitable.
However, this is very unlikely to happen, as many experts have predicted that the value of bitcoin will increase a lot more in the future. So, this is the main reason why many people may not favour faucet sites and they may be more interested in investing or trading in bitcoin. So, why do people still waste their time after faucet sites, despite knowing that faucet sites are no longer profitable at all?
They earn a few pennies. In the past, the value of bitcoin was incredibly low. However, since the value of Bitcoin has increased so much, the faucet site owner no longer pay a single bitcoin for each faucet claim. They now pay you in Satoshis. In case, the value of Bitcoin drops a lot, then it might be possible for faucet sites to become profitable.
However, this is very unlikely to happen, as many experts have predicted that the value of bitcoin will increase a lot more in the future. So, this is the main reason why many people may not favour faucet sites and they may be more interested in investing or trading in bitcoin. So, why do people still waste their time after faucet sites, despite knowing that faucet sites are no longer profitable at all?
