Do you think faucets are dying?

uptrendfinancialsignal

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There are lots of challenges faced by faucets because the cryptocurrency market is dynamics and there are lot of evolvement but I will not say that it's dying just yet. However, the popularity of faucet is really decreasing but it is still very necessary to understand that it serve as a valuable entry point for anyone who is just coming into the cryptocurrency space.

 

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Ratine

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For me l think the that the faucets are very useful resources especially for the beginners. They act as the welcoming tone in the cryptocurrency world for the truth of the matter.

 

flower

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The number of engagement that we got on faucet are reducing drastrically because there are so many cryptocurrency projects that are more rewarding and more attractive than the faucet .

 

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timewo

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Though the faucets pay very less they are the easiest way for a person who is new to cryptocurrency to make some money which can be invested or used for making payment.

 

Starmix

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Faucets will never be dying. It continues to evolve. It will strike at at a certain time and make a break into the world if crypto. Faucets are also valuable assets of cryptocurrency.

 

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Stardom22

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For me l do think that faucets are dying a natural death. This is because most people often get tired of the sluggishly earning feature of the venture for that matter.

 

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King Belieal

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I don't think there is anyone that would really devote his or her time to be claiming faucets any longer.

 

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timewo

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• #8

The faucets are a good way to make some quick money, since many websites do not pay users despite spending time.

 

freelancermaria

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• #9

I do not believe they are going away soon. I think faucets are here to stay. It is a pretty good way to make some extra cash.

 

eldavis

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For some persons yes, but I do not think they are dying. I believe they can still be very useful.

 

Golden9

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• #11

uptrendfinancialsignal said:

There are lots of challenges faced by faucets because the cryptocurrency market is dynamics and there are lot of evolvement but I will not say that it's dying just yet. However, the popularity of faucet is really decreasing but it is still very necessary to understand that it serve as a valuable entry point for anyone who is just coming into the cryptocurrency space.

Click to expand...

Most people who made decent money from faucets worked on them when Bitcoin price was low and you could even accumulate up to 1,000 satoshis per day.

That's impossible now, so a lot of faucets are slowly loosing members who want proportional value for the work they put in.

 

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King Belieal

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• #12

I think that so many people see faucets as not worth their time and won't bother with it.