Bitcoin Forum

First things first, what is Faucet?
- Faucet is a given name to website or app  that gives free bitcoins and litecoins

The main reason why I wanted to post this is to make us newbies like me to know that faucets is a BIG WASTE OF TIME. Yeah, it's a waste of time I can earn more money selling candies and cigarettes for a day than you doing faucets for a month.

We don't really make money doing faucets. It's the sites who are making money fron you. Not the other way around.

Why am I saying this? Because I also tried faucets for 3 days. I was so happy on my very first payput which is 200k litoshi. That sounds a lot right?  Guess what? I earned $0.6  in 3 days by doing faucets. That's way less than than trash. They make money from you from us. Every ad we clicked they earn money.  Much more money than all of our faucets combined. That they still exist.

I say again stay away from faucets.  It's a waste of time. Sell sone candies outside and you will earn more.

Good evening ! came to the same conclusion after a couple of days. I fully support, there are more reliable ways of earning.

I used to like suggesting people to use faucets. They're not bad if you're new to bitcoin and you would like a small amount just to play with it and have a feel on how transactions are done and how they work. Well, unfortunately the fees are too high right now that the fees are actually higher than the bitcoin you can withdraw in a day of using faucets.

If you just want to try Bitcoin for the first time, yeah sure, you can do faucets. The big problem is that most Bitcoin newbies think that they can earn their life (or maybe just earn a few bucks to buy a game or something) just by doing faucets - which is something impossible or very hard to accomplish.

If you want to do faucets, do it for a week until you reach the minimum for withdraw and stop. There is no point on wasting hours of your day for several months just to earn cents.

I would recommend using faucets for newbies at the beginning of learning curve. Such a good practice in combination with article reading and forum using will give you much deeper knowledge without great losses of unprepared investing.

Back when I was a newbie and before joining bitcointalk, I was never do any faucets, its just a waste of time even for newbie to try and learn something.

Spending like 30-40 bucks to buy eth or some coins similar to btc and learn through exchanging, managing your wallet, sending/receiving, etc. will be a lot more valuable than faucets  ;D

faucet satoshis are just slavery
make sure you have a goal before doing it
once you achieve your goal, leave it alone

Yes, it is a waste of time, i know some newbies and i have been talking to them, and they told me that one of the best sources to earn some bitcoins were the faucets, and this is incredible, i tried to explain them that it was a horrible idea and that they were not even going to earn anything within a month if they will keep using those shitty faucets.
They are always mentalized about using those kind of programs who will give them 3 cents a day in exchange of they whole time, and this is not worth it at all.

I don’t think there’s anything wrong with doing faucets, but you could probably earn more money in other ways. With that being said, the small amount you get from a faucet today may be worth a lot more in 5 years.

It just comes down to how you want to spend your time and whether you have a better way to accumulate Bitcoins. Most people can get more Bitcoins by doing signature campaigns on this forum, so you should probably try that first as a high priority.

Amen to that !
Very true ,faucets are a waste of time. Fuckin' captchas !

faucets are a waste of time indeed , but when it come to newbies I can't say to them stay away from faucets
faucets can help new users to understand how to start dealing with bitcoins without the need of investing from their own pocket , so they can at least start experiencing how to set up a wallet and how to start receiving  or sending bitcoins

so it's not a complete wasted of time , it's a good way to start experiencing the blockchain and I still recommend faucets for new comers who have a lot of questions about how to start with bitcoin

Faucets are waste of time cause the reward in claiming os too small ,you cant even make 100k satoshi a week its better to do small task rather than faucets

I agree. I didn't know what faucets were but I tried them and thought was a good bet... But it was just a waste of precious sleep time. The sites make the money and we practically do not get anything even after spending a lot of time on it. Some of them even do not complete the complete activity. Just before it ends it throws out an error. 
Newbies like me should stay away from it.  >:(

Let newbies do faucets and realize something.

Why? Look at you guys now. You are now aware that faucets is waste of time and you will think now of other way to earn bitcoin. Because faucets rewards are low, you will work now to learned other things that can give you bitcoin in return that is worth it with the time you will spend.

I will never reached the status of my gained knowledge today if I didn't encounter faucets. Faucets back then are high paying and I can earned 150,000 satoshis a day but that will eat 6 to 7 hours. Because of that time consuming method, I seek another way and the rest is history.

cause faucet claiming is not profitable. time lose, money lose, effort loss,.........etc
so it is better to avoid faucet.

That does make sense, I checked a few faucets which required me to check advertisements for a small payment of a few cents. Then I realized they would never really send the Bitcoins directly to your wallet. It's such a bad scheme.

i see many people success with faucet, why ? see the first time if your made an account and the account is banned from posting here.. then we need to pay fee and we don't have a money for that time.. and the message says "if you don't have money you can earn with FAUCET", then FAUCET is good to start earning your bitcoin, aren't it ?

so never underestimate what is the benefit from FAUCET !!

Yes the amount you earn with a Faucet is actually very small ... this Faucet you mentioned looks to be very bad ...

If you want a nice working Faucet look at Freebitco.in (they are paying directly to your wallet for free every weekend (if you have collected a minimum sum), you can win there big amounts and you can bet there) … It's a well known Faucet which is paying for a long time, too ...

P.S.: If you want to register I would be thankful if you could put in the code: 3099539 in the field for "Your Referrer" ... Thanks a lot  :)

Well, a faucet is a good option for the first time Bitcoin users as you have to do absolutely nothing to earn your first Bitcoin (of course Satoshis) in your wallet. However, as an investment, it is waste of time as compared to the return on investment unless there is a strong referral network under your profile. Newbies can try faucets for a week or two in order to get their hands on Bitcoin but it should not be a long-term activity if they really interested in acquiring a considerable amount of Bitcoins.

I do not think like you the faucet is the best place for those who have no money to earn free. You should find the site that supports the best faucets like faucethub.io or faucetsystem

Different stroke for different folks!

I would agree with you. Because it may be he did not get the right site that pays well.
How does the faucethub.io work?

Currently, im doing faucet. in 2 hours I made 1k satoshi by clicking and solving captca I though you're right. I already stopped now after I red your post. This a huge waste of time. Don't dare to do fauceting guys. Thanks to you.

i have started with faucets and i earn quite a bitcoin from the free faucets you may have met the faucet without paying but there are many sites that support you list of pretty good faucets that are epay, faucethub, faucetsystem

up to you want to play faucet or not. but, faucet is long and more time to get bitcoin.
if you want, just increase your rank and join campaign on this forum

I agree that faucets are waste of time. But, sadly at the beginning I start earning from there. I still remember when I completely confused how to get eth for gas. Then I started to sort best faucets only, especially those which not detect Anti-AdBlock that I used  ;D I commit to not buy at the beginning, so I commit to did it. But now, better considering airdrops and bounty.

Same here. Just wasted time and nothing.

I would not think about it and worry about it. This is a precarious land and you may lose a lot of time, which you will definitely use for other Bitcoin investments. Trade, invest and use while you can.

I disagree that newbies should stay from faucets. Yes, it's hard to get decent earnings from faucets, some people saying it's waste of time. But faucets is still good for newbies. By using faucets, they become familiar with bitcoin/altcoins, how everything works and etc. Yes, there are many better paying jobs, but many newbies don't have any special skills and it's only way to get their first coins. They also don't have money to buy Bitcoin. After they finally collect bigger amount of btc, they can invest it (in trading for example). Once newbie get enough experience, or realize that faucet earnings is not worth his time, then he stop to use faucets and tries something more serious. But at least for newbies, faucets is a good tool.
P.S. Faucet earnings can be worth your time. You just need little patience and hold faucet earnings in longer period. If Bitcoin price will continue to rise, your Bitcoins will be worth much more ;)

faucets, where you just solving captcha, fighting with lots of popunders is pain in the ass.. you have no fun from that.
But if you find some game with btc earnings (non investment based ones), you can have fun, and as a side-effect you will get some satoshis.
One of these games is in my signature (yes it's my game)..  This is new one, but already paid out 300.000 satoshis (22$), and i have only few players, and game is running few days.  So i agree and disagree with OP, unique faucets that has some story or game, it can be profitable

I see that people does not know my kind of faucet.

It's one of the best rewarding faucet for only few seconds work daily.

But it is not only the best profit for few seconds spent:
It is the way to earn...without popup bombing...
And you have to use your brain.

Generally faucets are programmed to "trap" maximum people.
My faucet is programmed to filter maximum people.
Daily many registrations are cancelled because the registrations rules are not followed.

My kind of faucet is the only one market regulated.
You can say it is a good one or it is a bad one...absolutly zero effect...it's market regulated and you can not go against the market.
You can say it is waste of time or not...no effect...the interest is market regulated.

It's really funny. People are telling faucets are useless since 2015 but they still exist in 2017!!  ;)
And in 2015, the BTC price was around 500 dollars, that time people earned satoshi no matter which ways (I am focusing on faucets :P ) they have now 14 times their earnings.8)

Most important thing, never think of earning lots of money from a site where owner is not even earning much (Unfortunately faucets are currently such type of sites)

I lose with my kind of faucet...but I gain in fun to manage it.

I earn more showing my turtle eggs than with my faucet where I lose...but managing my faucet is for me more interesting than just showing eggs.

It's been said so many times by now. You won't get rich from faucets but its a good way to learn about cryptocurrencies for free. It will not replace a real job but it's better than nothing. And forget about "faucet owners getting rich". Most faucets die fairly quickly because they can't support it on their earnings. Few people are prepared to voluntarily run at a loss for any length of time.

So you could sell candies and cigarettes on the streets and convert the profit into BTCs later if it's more profitable for you... People who use faucets don't have anything better to make money from or they are doing this on their free time, not as a full time work. Newbies should try faucet and keep the profit for the future, also they can learn how to deal with Bitcoins and another Crypto-Currencies by using faucets.

Remember, it's not a full time job...

I agree with the majority of you guys, dealing with faucets all day is just a waste of time... Sometime I was also a newbie, before I join bitcointalk. Nowdays,  I have a faucet myself.

But wait... Why faucets still exist? Why they have vast traffic? Why more and more faucets are being created?

Because this is my opinion! PERCEPTION is the magic word! Because all people don't think like me (and most of you). Because there are countries all over the world that with 0,5 euro that I earn a day with faucets and this is a joke for me, they LIVE with that income! Because there are people that want to learn about bitcoin without investing anything and have plenty of time all day.

So I think that the conclusion is not to mislead people that they will make a fortune with faucets. I don't support faucets nor I believe I will get rich as a faucet owner. I just broke my arm, get fired and until I am healthy again and find a job, I just tried to make a faucet. That simple. ;)

Yes Faucets are a big waste of time - I agree. They give you dust.  It will cost more to send the dust than what the dust is worth.  Plus some sites keep the free faucet dust on there website.  You have to work the faucet tons to get enough before you can even send to your wallet.  Big waste of time.

99.9% of faucets are garbage including 100% of faucethub.

Freebitcoin and the coinpot ones are not too bad particularly if you are able to do crowdflower tasks and surveys.

I had 4 surveys today and pocketed over 100,000 satoshis from moonbit.

Hey don't also forget that faucets also make part of bitcoin transactions, which, i think also contribute to the price of bitcoin. And also if you look back when faucets are profitable, remember the amount of bitcoin you get from claiming is not so different from current claims if you turn them to fiat number. I'm not defending faucet claiming. Yes, it's quite a waste of time especially if you have skills to earn bitcoin from other methods but I just can't accept that it's a total truth. Do you really think people just turn the dusts they get from faucets to fiat immediately? For me, I don't think so. People are not that dumb.:)

Faucets is the best way for newbie to start earning and understand about bitcoin, most of the expert start from faucets, and faucets is an easy way to earn for beginner

The earning might not be big, but it can give a lot of lesson and experience for the beginner

And how long are newbies newbies?
so long they claim faucets?
I believe I will claim so long claiming is possible.

A lot is being said in this thread and I disagree with much of it.

Allow to me to say that faucets are the best way for somebody who has absolutely no interest in investing fiat currency into crypto-currencies to get familiar with the latter.

I use different faucets and do a daily claim on each of them to accumulate BTC and LTC. My goal is to re-invest the money earned from faucets into profitable websites such as Genesis Mining and perhaps use some of the faucet earnings to participate in ICOs. Faucets are a waste of time if you try to earn a living from them which is impossible without a million referrals and all the generated commissions.

I am actually currently writing a guide for complete beginners who wish to dive into the growing world of crypto without investing their own money but by using a little bit of their time. Once my guide is complete I will publish it online and include my referral links for anyone who wishes to show their support.

So I say to all newbies, try the faucets and get a feel for what it is. Withdrawing the faucet money to your desktop wallet is a good feel and might even make you addicted  ;D.

I think it's all about the process, many newbies have no capital to be invested. Then how can they start earn from very zero point. If they decide to not earn from faucets anymore, then great, means they grow up. It's just personal opinion.

In this entire thread I have not seen one reason why newbies should stay away from faucets.

I have heard people make the claim that it is a waste of time.
That a person can't make enough for it to be effective.
That a person is somehow getting tricked or ripped off.

I call bullshit.

I believe that newbies can use faucets to get an understanding of coins and how the system works, but it's more than that.  Not all countries have a great standard of living. $1.00 has a lot more buying power in New Delhi than it has in New York.  So faucets help to provide a broad and level playing field for new users, whether they are investors with pockets full of fiat money or they are dead broke and need a side hustle.

The fact that a person with no Bitcoin can start today with no investment is, in today's world, a bit of a miracle.  I myself have NEVER purchased any coin with fiat currency.  Everything I have, which is considerable and spread across a wide variety of coins and wallets and sites, I earned or generated online.  That began with faucets and other small sites. 

You think that your ICOs and big investments and such ARE Bitcoin, but I say the lowly faucet represents everything that Bitcoin is about.  Anyone can use a faucet and earn satoshi. There is a fair exchange of value (time and effort for satoshi).  The more effort you put in, the more you make.  Historically, value on held coins goes up over time, so each faucet claim isn't just x satoshi, it's a future value investment.

I think you guys are just too hard on faucets.  It's easy for people who already have money to sit around and talk shit while they scrape dog crap out of their Bruno Maglis, but for people with nothing, Bitcoin, and the initial amounts earned from faucet sites, is nothing short of a game changer.

maybe it can be a waste of time try playing faucet games i thinkk they pay enough

http://www.coinsteacher.com/2017/11/top-8-free-bitcoin-earning-games.html

Well said strugmo. :)

If you use a site like http://CryptoNinja.co you can actually claim from a lot of faicets in one day.

8 faucets means a lot?

Im glad to read this information about faucets. Poor people who don't know about this, they are working hard for the others own interest. Faucets should not be allowed.

Looking at some of the faucet earnings posted here... I can only suggest you're using the wrong strategy.

It is possible to earn a few dollars a week from faucets - I've done it and then seen that bitcoin go up in value quite dramatically. Also, you need to consider referrals as well which can greatly increase your earnings potential.

It's fair that faucets only pay tiny amounts but why should they be banned as one poster suggested? A) It's completely optional as to whether you visit them or not and B) It's free money!

You can watch TV and earn while learning about cryptocurrency for no outlay or risk whatsoever. I don't see any problem with this.

Totally agree. Faucets are not worthless. Specially when there is no other job you can do.