Coins, Faucets, Scams

(Hi)Story: Bitcoin Faucet Scam

Originally, the article was titled “Is Bitcoin faucet a scam or not?”…

Yes it is a scam. A scam, which still makes money for its owner.

A more correct way of putting it would be “a faucet that dried out”, but the past is irrelevant. An even more correct way of putting it would be “a faucet designed to “dry out” after scamming its users off 10 Bitcoin… so far …and counting“.  Continue reading “(Hi)Story: Bitcoin Faucet Scam”

Important freezes BTC, LTC and BCH withdrawals to Coinbase

Please note the news:

coinpot coinbase withdrawals bitcoin bitcoin cash litecoin

We are not sure why Coinpot froze withdrawals of Bitcoin, Bitcoin Cash and Litecoin to Coinbase. It is very possible that it has to do with the increased volume of transactions following their unprecedented decrease in minimum payout thresholds and removal of transaction fees.

On another note, yesterday, a successful withdrawal of DASH faucet earnings was made from Coinpot wallet directly to a Binance cryptocurrency exchange address. The total zero-fee transaction time was around 10 hours.

coinpot dash withdrawal

binance dash deposit

Market value of DASH could be positively impacted by the introduction of Dash Evolution wallet.


DASH on coinmarketcap faucets