I think the reason why you think crowdsourcing is great is...
your job can not be, or is not crowdsourced.
This reasoning reeks of ignorance...
"For a graphic designer that is new or who doesn't have a lot of confidence in their abilities"
Newbie and insecure designers should not be playing with peoples livelihood, thats what entry level jobs and therapy is for.
Fact is, most are designers from third world countries where 300 bucks is a months wage.
(
http://en.wikipedia.org/wiki/List_of_minimum_wages_by_country)
A lot of the work is poor...
Quite a bit is stolen...
Most designers and clients are trying to copy another designer... and crapy at that.
The real deal:
http://graphicd-signs.com
The crap:
https://99designs.com/logo-design/contests/create-next-logo-airtech-heating-cooling-184974
https://99designs.com/logo-design/contests/create-next-logo-airtech-heating-cooling-184974/brief
http://99designs.com/signage-design...-signage-airtech-heating-cooling-193110/brief
http://99designs.com/signage-design...ignage-airtech-heating-cooling-193110/entries
I don't see this as a great deal for the OP... tons or crap choices with an occasional gem.
The only people making money is the site itself.
Don't ***** about people undercutting you, taking your designs or paying immigrant workers... if you use crowdsourcing, you are no better.
NOW... If I was a designer in a third world country, heck yeah I'd work for free for the chance to make a months wage.
If I was a designer stuck at home with no means to get work, like say a stay at home mom or dad... yeah, I can see that.
But don't start spouting off that this is the new standard for stelar work. It's not a great resource... it's the cheap/and on most occasion crappy choice, much like most hack sign shops who cut corners.
Booger flick on you, you fuffeehead!