If you have followed me for any length of time, you know I don't usually write crypto hype posts. This is my stream-of-consciousness blog mixing my own ideas and experiences with little rhyme or reason. However, since cryptocurrencies in general, and Bitcoin in particular, are on the rise, I want to take a moment to promote my favorite faucet.
Shameless referral banner
FreeBitco.in (shameless referral link) was the first faucet I ever tried, and is the only faucet I have used since then which has not gone bust.
Legalese disclaimer: past performance is not a guarantee of future earnings. Invest at your own risk. Not your keys? Not your coins! Never risk more than you can afford to lose. Brush and floss daily. Look both ways before crossing the street, even when they are one-way only. Where was I going with this? Oh, yeah, just use some common sense!
Of course the promise of a chance to win $200 hourly is a stretch. You can spin every 60 minutes, and you will win at least a few Satoshis, but the $200 market value win is a 1 in 10,000 chance. I never have managed that. Today was a good day, though. I won... briefly counts on fingers... about 20¢ here.
Big spinner winner today!
And that is an atypical spin. This is not a get-rich-quick promise. You can see the odds in the chart right there. As Bitcoin moons, the satoshi-per-spin number drops, too.
It's not all bad news, though. 30K Satoshis is the threshold for earning a small daily return in interest, so if you accept the risk of not holding your own keys, there is a chance at bonus returns by leaving your winnings on their ledger. I should also note that normally, referral links mean the referrer gets a bonus from the referral, but my account is currently set to share 100% of my rewards at time of posting! This could be a nice bonus to help you reach that threshold faster.
Each spin earns reward points, too. Accumulate enough, and you can get bonuses to your spins for a day, or even new tech! I have not earned enough to test these offers, admittedly, but it's something. They've been around for years as other exchanges and wallets collapsed, so that's something, too.
You can also gamble here, if that's your thing. There's a spinner where you can choose your odds and your wager to see if you can beat the house. There is a drawing for a Lamborghini (or $200K in BTC) every few months if you want to buy a digital raffle ticket or earn them through gambling. You can even bet on sports.
All told, if you haven't actually explored the granddaddy of crypto, this is still a good option to dip your toes in the water and find out a bit more about how it all can work for you. As I write this post, the mainstream markets in stocks and bonds are in extra turmoil now while the finance industry and government central banks are still trying to deal with the unresolved root problems which caused the 2007/2008 collapse and subsequent fiscal policy insanity since then. That, more than anything else, drew people toward alternatives to federalized fiat money. The problems remain, and crypto is just getting started even now, 15 years later. It's never too late to learn. We are building the network of solutions while most people are unaware there is even a problem in the first place. HIVE offers real free speech. Along with Bitcoin and other cryptocurrency projects, we also offer honest money. open discourse and open markets, not politics, is our path forward. Just take the first steps!
