Editor's Choice, Faucets, Trends

General Knowledge – Cookies, Surveys, Advertising and the Privacy We Sold For Coins: The Price of “Free”

A concise, yet informative collection of episodes dedicated to historical evolution, the “now” and the (gloomy) future of modern mass and social media.

This particular episode is a must-watch for everyone interested in faucets, wondering why websites really want you to click “ok” when cookies, beckons and trackers are forced upon you…

…and especially survey-taking OfferWallers.

Self-quoting isn’t great etiquette, but:

For those adopting the “fun” approach, making more coins is easy via videos, Offer Walls, etc. Beware: if you answer the questions honestly, you are selling your privacy and important information about yourself. Patterns of behaviour, biographic details, shopping preferences; corporations pay a lot for this data. You are giving it away to be better at an online “mining game”. The recent Facebook scandal torpedoed the billion-dollar-worth social network so badly, Facebook had to run soapy “we’re sorry” TV adverts, targeted at specific population groups. Witnessing those, who value the “anonymity” of crypto and discuss privacy engaging in surveys is humorous. When Judas sold the geolocation of his top executives, he was reimbursed with silver. You are selling yourself for “100-500 coins”. Have some self-respect.

To maintain some self-respect, we are never sugarcoating the (what we consider to be) truth and attempt to provide accurate, research-driven-data.

Coins, Editor's Choice, Faucet News, Markets, News, Trends

News: Free Bitcoin 5x (!) Reward Point Promotion; All Faucets’ Payouts Increased

 

0.00000072 btc won on freebitco faucet

FreeBitcoins weekly Reward Points promotion is on. We have reviewed FBC Reward Point system extensively; albeit, (spoiler) the grand finale (aka “how saving up Reward Points can let you quit your day job”) publication is reserved for DMYF‘s 2.0 website opening.

5x reward points promotion running on every claims on freebitco


As cryptocurrency market capitalisation shrinks, faucets’ generosity increases.

(hypothetical) Faucet’s admin’s’ train of thought: im order to retain traffic, rewarding users with a few more litoshi, satoshi, duffs etc. per claim while cryptocurrencies are cheaper to purchase is a must. 

(hypothetical) Pessimists’ (apocalyptic) train of thought: all is doomed! Cryptocurrency market is collapsing! It’s all been a waste of time! Screw this bubble! I’m transferring all my cryptos to LuckyGames, playing BlackJack till my last Satoshi! Wait… What if I win?..

(hypothetical) Optimist’s train of thought: “cheap crypto = best time to faucet. BonusBitcoin average claim is 32 Satoshi per 15 minutes, while some time ago it was as low as 14… What if… history will repeat itself?..”

Litecoin price on 16th November 2017
16th November 2017. Litecoin price: $64.75.
Lite coin's historical price chart on coinmarketcap
А вот 19-го декабря 2017-го года, Лайткоин оценивался в $366.15.

DMYF editorial train of thought… will be elaborated upon in a separate publication. Although to dissolve panic and elevate spirits…

PayPal‘s $400 million acquisition of Hyperwallet is complete, as announced on the 15th of November.  

How is that supposed to calm the nerves of crypto HODLers

Elementary. first Warren Buffett, then PayPal throw $1 billion in FinTech projects, e-currency and e-commerce. The so-called “financial revolution” proclaimed by investo-cryptoevangelists is primarily referencing decentralisation of financial transactions, opportunities presented by blockchain technology and transparency of open-ledger cryptocurrencies. Cryptocurrencies belong to the same world, – thus, if investors are fearlessly investing in FinTech, the markets should not fear government regulation, – government being the only entity powerful enough to put a decisive end to means representing decentralised exchange of value, – be that Bitcoin or TrumpCoin

As long as the currencies in your portfolios have legitimate real-life uses, offer novel solutions and their value is determined by something more feasible than pump-and-dump scams, they will retain their respective, adequate market value.

Unfortunately, predicting said “adequate market value” is more difficult than looking at last year’s charts. 

Buying Cryptocurrency, Coins, Funny, Trends

The $80mil pizza deal, – a Bitcoin meme.

It seems many visitors do not catch the “order us a pizza” reference mentioned in the “Contact Us” section, which is, basically, a platinum classic!

“May 22, 2018 marks the eight-year anniversary of the first Bitcoin transaction, in which a Florida man paid for two pizzas with the cryptocurrency. The day has become part of folklore, not because of the transaction, but more the price: the man in question paid 10,000 Bitcoins, which today is worth over $80 million, for the two pizzas.”

Source: https://www.investopedia.com/news/bitcoin-pizza-day-celebrating-20-million-pizza-order/

bitcoin pizza btc pizza bitcoin pizza meme
Original

“Ten thousand coins were then worth about $40 (£30). A British user agreed to buy the pizza for him, and even at the time the buyer got a good deal out of it: The person paid only $25 (£19) for the two pizzas.

And today, 10,000 bitcoins add up to about $100 million (£75 million).”

Source: http://uk.businessinsider.com/bitcoin-pizza-10000-100-million-2017-11

btc pizza satoshi pizza 10000 satoshi pizza for 10000 satoshi

Source: https://cointelegraph.com/news/bitcoin-pizza-day-8-years-later-where-can-you-buy-pizza-with-bitcoin


Note: the prices mentioned are historical. 

The Pizza story became a meme and rightly so. Unfortunately, it also became a brilliant FOMO (beware of FOMO!) tool used by dishonest marketers, promoting their currencies (somewhat similar to the “Apple share price” phenomenon). Buying into cryptocurrencies early worked for some, alas was ruinous for many.

Not all pizzas coins are created equal.

Coins, Editor's Choice, Faucet News, Faucets, Featured, Funny, Giveaway, Guide, Important, News, Signals

Dogecoin Giveaway: Update

  • We further shared some more Doge amongst those lucky few participating in the giveaway.
  • We have added a short FAQ section to the giveaway page. Feel free to contact us with more questions at any time!
  • We invite all of you to take part, no matter whether you are a regular visitor, or an occasional viewer!
  • The Giveaway Post has been attached to the on top of DMYF homepage for a while. We decide that it’s time for it to make way. Since the Giveaway updates will be less prominent, we will be sharing the giveaway-related news separately.
  • We strongly encourage you to register on Freebitcoin using our referral link. You will thank us in the future. Our Bitcoin Giveaway will start very soon. Already have a Freebitcoin account? Is there a law against having two account entries? Whp knows, perhaps your hamster would like a separate account on his smartphone?.. 🙂

    You know what? YOLO. Screw it all; don’t faucet too much. Forget about your crypto portfolios for a while. Do something out of the ordinary. Tell your loved one you loved him, even if the loved one is a cat. Just enjoy your weekend, have as much fun as humanly possible, yet do not do anything we wouldn’t do (which is, um, not saying much). Most importantly, when The Day That Should Not Be Named comes after tomorrow…

    flight2