are the days of bitcoin donation over?

[musicbydavesavage]

I heard that in the early days, people have received a load of bitcoins by donation through the forum...sounds great, however unlikely these days..

have you ever given away any bitcoins in the past and how many?


My friend thinks there is no way I would receive a donation yet alone make an entire coin...
so here goes a test pot, will it work?

<< BTC Address Removed >>

[bitkilo]

Good question for people but sorry i had to edit your post and remove your bitcoin address as per our no begging policy.
You can add a bitcoin address to your profile with a note in your signature space asking for donations but not in posts.

Faucets used to give out nice amounts back in the early days, Gavin's faucet even gave visitors 5btc each time!

I have been given 0.1btc here and there as donations in the past when it was only $20-$50 worth, given a few satoshis myself too.

[GreyWyvern]

People like giving and getting gifts. When you give a gift and when you receive a gift, it triggers pleasure centres in your brain. This happens even if the gift is trivial and tiny. For example, it's been shown that waitresses who give you a gift of a few candies with your restaurant bill get tipped a few percentage points higher on average!

When an asset isn't worth much, gift giving is fun and easy because you don't feel like you're losing anything, but you're still making someone else happy. As the asset appreciates, the sense that you're losing something becomes larger and you're less apt to give merely for the sake of giving. Sad but true.

There's still a vibrant donation economy in smaller cryptos, but probably not for BTC anymore. It's moving into the realm of actual significant charity donations as a currency.

[OgNasty]

NastyFans has distributed more than 700 BTC in donations to seat owners over the last few years. We have no plans to stop.

[Possum577]

Making/getting donations and the amount ("loads of bitcoins" as you put it) are two different things.

I think people do still give and get donations for their contributions to the community. On the Forum bitkilo have been giving out small gifts to members who've gone above and beyond to help other members.

The quantity that's being given has certainly changed as the cost of bitcoin to fiat has increased.

The real barrier to the act of kindness that donations represent is the fees and the increase in fees that will begin to deteriorate from the gift and result in people giving donations using other cryptocurrencies...or, dare I say, fiat cash?!

[musicbydavesavage]

that's true, it's always nice to be nice.

Fortunate for all previous recipients. I wish I joined earlier on..

[davidmccoy]

Earlier Bitcoin was not dominating. But now it is well above the expectations and prices are very high. Nothing much is free in the world. Even the free donations are not always free.