They say "see price volatility as an opportunity " But,


New Bitcoin faucets are so lame. Even when the price of Bitcoin falls, they won't increase the claimable amount of the faucet. I remember the good old days. It wasn't like this. They changed the amount of satoshi you get according to the market price. In that case, you could see price volatility as an opportunity. You collect as many satoshis as you can while the Dollar value is low. And sell your satoshis when the price increases. But nowadays, faucets do not change the amount you get according to the dollar value. But they have the audacity to say to users that market price volatility is an advantage for users. Check it yourself in the next picture. It is a screenshot of an FAQ page of a well-known Bitcoin faucet.

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They say if the Bitcoin price goes up, your satoshi will be worth more. Also, the opposite happens if the Bitcoin price goes down. It's true, and anyone can understand that. There is no need to explicitly say that on the website, like it's gonna change something on the website, because later, you also state "the claim reward never changes regardless of the price of the Bitcoin". So my question is, if you are not going to change the reward according to the market price of Bitcoin, why do you propose that users think the price volatility as an opportunity when using the faucet?

The price volatility of Bitcoin affects faucet users if they have collected satoshis before the price change and if they still own them. It only matters to the satoshis you already own. Not the ones we are going to claim because we don't get more satoshis per claim even if the Bitcoin price fell in the current scenario. It will only be important to a faucet user if the faucet changes the reward amount according to market price. So you can collect more satoshis than usual and sell them later for a higher price when the market price rises again. And yes, I know that if they agree to my idea and the Bitcoin price rises, the faucets will reduce the claimable amount even more(current claimable amount is 1 satoshi). If that happens, I'm sure no one will use a Bitcoin faucet anymore. Who wants to collect a fraction of a satoshi? That will be the end of the faucet industry.

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stuntdila
stuntdila

Love crypto and know video editing.


stuntdila's free money and cryptocurrencies
stuntdila's free money and cryptocurrencies

After some time spent earning money on the Internet, I realized there is no such thing as "Free Money". Here I will document my practical methods to make some money until I get a sustainable Job. Also, I will expose scams when I see them. You can expect my rants on various topics, too. Thanks for being here. Hope you will learn something.

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