Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: bornil267645 on October 28, 2014, 09:18:40 AM



Title: Is it worth it?
Post by: bornil267645 on October 28, 2014, 09:18:40 AM
I made a calculation,

current BTC price 330$

A faucet gives 250 btc per 15 mnt at best

So that's 24000 satoshi per day

720000 per month

8640000 per year

Thats worth 30.8534400000 USD given the current price.

So my question is?

Is it worth it?


Title: Re: Is it worth it?
Post by: young3dvard on October 28, 2014, 09:22:18 AM
Only for a bot capable filling the captcha  :)


Title: Re: Is it worth it?
Post by: bornil267645 on October 28, 2014, 09:23:13 AM
And even if I try to use more faucet I don't see any options. Because I don't know any faucet that gives more than 250 per 15 mnt with 100% guarantee. Suppose you have found 3 or 4 sites and collect BTC from there every time, then you can get around 120 USD wort BTC. Is it still worth of going all that trouble just to earn 10$ per month?


Title: Re: Is it worth it?
Post by: 1Referee on October 28, 2014, 09:30:23 AM

A faucet gives 250 btc per 15 mnt at best

Where is this faucet?  :P


Faucets are not worth it at all, perhaps great for newbies trying to get some free coins, but that's it.

Too much effort for only dust as reward. It's up to you, if you want it, and have the time for it, then do it :)


Title: Re: Is it worth it?
Post by: cryptworld on October 28, 2014, 09:32:34 AM
short answer: no
long answer: you can do many others things with higher profit in bitcoin world


Title: Re: Is it worth it?
Post by: bornil267645 on October 28, 2014, 09:39:59 AM

A faucet gives 250 btc per 15 mnt at best

Where is this faucet?  :P


Faucets are not worth it at all, perhaps great for newbies trying to get some free coins, but that's it.

Too much effort for only dust as reward. It's up to you, if you want it, and have the time for it, then do it :)


I only found 1 faucet that gives 233 satoshi every 15 mnt


Title: Re: Is it worth it?
Post by: bornil267645 on October 28, 2014, 09:41:47 AM
short answer: no
long answer: you can do many others things with higher profit in bitcoin world

Can you please give some example and guidance about that, i want to try those possibilities.


Title: Re: Is it worth it?
Post by: Unbelive on October 28, 2014, 01:11:34 PM
What faucets are good at is at spreading bitcoin adoption. People are quite ready to install wallet when they get free satoshies. IF they then start learning more of Bitcoin, they stay if not, they soon forget about it, after they calculate their earning.


Title: Re: Is it worth it?
Post by: BiTJack on October 28, 2014, 01:14:00 PM
Not worth at all unless you gets lucky and hit some higher number other than that it's just dust.


Title: Re: Is it worth it?
Post by: leex1528 on October 28, 2014, 01:15:13 PM
Well what if you were able to do 20 faucets at a time and each one provided 200 sats?

20*200 = 4,000 per 15min

4 * 4,000 = 16,000 Per Hour

8 * 16,000 = 128,000 Per Day(8 hour day)

365 * 128,000 = .4672 per year so roughly $150 dollars

Is $150 dollars worth your time for 1 full year of grinding out faucets like a mad man, no, probably not.


Title: Re: Is it worth it?
Post by: BitCoinNutJob on October 28, 2014, 01:23:28 PM
I made a calculation,

current BTC price 330$

A faucet gives 250 btc per 15 mnt at best

So that's 24000 satoshi per day

720000 per month

8640000 per year

Thats worth 30.8534400000 USD given the current price.

So my question is?

Is it worth it?

Not unless $30 can buy you a decent living standard and thats not possible in any country.   Just buy some bitcoin is so much better then grinding faucet.


Title: Re: Is it worth it?
Post by: Q7 on October 28, 2014, 01:38:14 PM
I'm sure he meant to say satoshi and not btc. But don't forget once you take out the fees, you can see the real amount that you actually made. Unless it's running on bots


Title: Re: Is it worth it?
Post by: novacn on October 28, 2014, 01:39:10 PM
No, not worth it. Should invest your time into some more meaningful stuff.


Title: Re: Is it worth it?
Post by: chaosknight on October 28, 2014, 02:03:13 PM
I made a calculation,

current BTC price 330$

A faucet gives 250 btc per 15 mnt at best

So that's 24000 satoshi per day

720000 per month

8640000 per year

Thats worth 30.8534400000 USD given the current price.

So my question is?

Is it worth it?

Not worth it, but on the other hand if you get a lot of referral then its worth it :)


Title: Re: Is it worth it?
Post by: funtotry on October 28, 2014, 08:36:31 PM
Only for a bot capable filling the captcha  :)

The captcha used on most faucets will generally not be able to be solved with a bot. I also think that some captchas will say that you failed to solve it regardless of if you get it right or not.

The OP is also incorrect as to how much you can earn with a faucet. His assumption is that you can find a faucet that pays 250 satoshi at least once every 15 minutes, however not all faucets pay this much and there is no guarantee that you would be able to be able to earn this much.


Title: Re: Is it worth it?
Post by: pitham1 on October 29, 2014, 01:26:54 AM
I made a calculation,

current BTC price 330$

A faucet gives 250 btc per 15 mnt at best

So that's 24000 satoshi per day

720000 per month

8640000 per year

Thats worth 30.8534400000 USD given the current price.

So my question is?

Is it worth it?

Definitely not worth it. I just wish everybody would do this calculation.
It would put faucets out of business or encourage them to pay more.


Title: Re: Is it worth it?
Post by: franky1 on October 29, 2014, 01:35:30 AM
short answer, not worth it.

faucets are not suppose to be used by people grabbing at them as a means of income, so never expect to make an income out of them. instead think of a faucet as a means to grab a small donation so that you can then use bitcoin and learn to send and receive transactions.

if you want to actually have a full bitcoin or even more, then these are some proper options:
Work for a company that pays wages in bitcoin
mine bitcoins by investing a large amount in mining
simply buy bitcoins


Title: Re: Is it worth it?
Post by: BTCjust on October 29, 2014, 01:56:10 AM
many years later, you will find that what you are doing now is too wise


Title: Re: Is it worth it?
Post by: fulgurite on October 29, 2014, 05:37:46 AM
you can earn a lot of money from it in several years, so don't say it's not worth.


Title: Re: Is it worth it?
Post by: grumpyoldtroll on October 29, 2014, 06:04:11 AM
short answer: no
long answer: you can do many others things with higher profit in bitcoin world

That is right. Why settle in that case?


Title: Re: Is it worth it?
Post by: bornil267645 on October 29, 2014, 08:49:15 AM
you can earn a lot of money from it in several years, so don't say it's not worth.

The amount of time you lose in the process is much costly than the amount of BTC you are going to earn.


Title: Re: Is it worth it?
Post by: panck4beer on October 29, 2014, 08:56:39 AM
Hardly to imagine anyone will be able filling the captchas full day for whole year.

I tested few faucets when I started, but after realizing this is the way to go nowhere I stopped. About two days fun plus new experience  :)


Title: Re: Is it worth it?
Post by: gogxmagog on October 29, 2014, 10:50:11 AM
If I did a faucet every 15 min, every day, 365 days a year I would lose what's left of my wee mind, and it would only take about 4 hours.

You'll make more money collecting returnable bottles from the trash. More dignified too, lol


Title: Re: Is it worth it?
Post by: Lethn on October 29, 2014, 11:02:49 AM
Not really no, signature campaigns pay out better, even with the low amount it's still something you can use, I've actually decided to open up an Etsy store and I'll be using the money I earn from the coins I make to do some advertising and pay for fees :D which will hopefully end up netting me some money which I can then re-invest.

Right now there aren't many opportunities in Bitcoin but I hope one day we'll see a lot more trading, I am seeing merchants adopt it now but it's not happening fast just yet.


Title: Re: Is it worth it?
Post by: NeuroticFish on October 29, 2014, 11:17:49 AM
It's official: it's not worth it because the amount is very small, not paying even for your tiny time to load the page and fill the captcha and on long time it will make your address pay bigger transfer fees.

BUT it may worth it in certain cases:

- you spend that time on forums or gambling sites anyway
- you invest those pennies in something that grows fast (or it will worth it if BTC reaches 1000 times the current value)
- you are not too attached to your current BTC address and you will change it every couple of months.

So, um, yeah, it's debatable. The signature campaigns are clearly the way to go, but with only one account (cheating is found sooner or later, I think it doesn't worth it to try to multi-account) there's plenty of time for ... alternative means of getting some pennies if you have the time.



In my case, I get in one day, from a single faucet once per hour, more than I get from mining. I am stupid? Maybe. Or just maybe the term "worth it" is different from person to person and from case to case.


Title: Re: Is it worth it?
Post by: cryptocoiner on October 29, 2014, 11:50:23 AM
Forget about faucets.
You can make way more money on this forum just attending in signature campaigns.


Title: Re: Is it worth it?
Post by: bitdraw on October 29, 2014, 11:52:24 AM
it might be worth it if you get a lot of people to use your referral link.

also if we see 10k btc price ofc it can be worth it.. but using your time for something else and invest into btc is ofc better,
except if you cant monetize your time at a higher rate.


Title: Re: Is it worth it?
Post by: leex1528 on October 29, 2014, 12:41:42 PM
Keep in mind though, at one point you were getting close to 1BTC a week/month(I wasn't around then so I am not exactly sure what you got) and people probably thought that would never be worth it because 1BTC will never amount to anything...

Well if it does go to 10,000 a coin or something, maybe earning .002 a week would be okay?


Title: Re: Is it worth it?
Post by: bitdraw on October 29, 2014, 01:36:36 PM
Keep in mind though, at one point you were getting close to 1BTC a week/month(I wasn't around then so I am not exactly sure what you got) and people probably thought that would never be worth it because 1BTC will never amount to anything...

Well if it does go to 10,000 a coin or something, maybe earning .002 a week would be okay?

this theory is only valid if at this very moment you cant find work that gives you more money today than using a faucet today,
as you could always invest the money you get from working in bitcoin.

so...
if, income from 1hr of work > income from 1hr time invested in faucets(both valued in todays btc price),
then doing normal work and investing in bitcoin is the rational choice over using a faucet.

if u talking about using your free time its all up to how you value it...


Title: Re: Is it worth it?
Post by: bornil267645 on October 29, 2014, 03:40:30 PM
Hardly to imagine anyone will be able filling the captchas full day for whole year.

I tested few faucets when I started, but after realizing this is the way to go nowhere I stopped. About two days fun plus new experience  :)

My point exactly, it just way too much time wasting without any real profit.


Title: Re: Is it worth it?
Post by: bornil267645 on October 29, 2014, 03:42:34 PM
If I did a faucet every 15 min, every day, 365 days a year I would lose what's left of my wee mind, and it would only take about 4 hours.

You'll make more money collecting returnable bottles from the trash. More dignified too, lol

LOL...very good point. But just the other day, some guy posted in this forum asking for suggestion in terms opening a faucet. And many newbie responded with great interest. I hardly get the reason :o


Title: Re: Is it worth it?
Post by: bornil267645 on October 29, 2014, 03:44:34 PM
Not really no, signature campaigns pay out better, even with the low amount it's still something you can use, I've actually decided to open up an Etsy store and I'll be using the money I earn from the coins I make to do some advertising and pay for fees :D which will hopefully end up netting me some money which I can then re-invest.

Right now there aren't many opportunities in Bitcoin but I hope one day we'll see a lot more trading, I am seeing merchants adopt it now but it's not happening fast just yet.

This is by far the MODEST opinion of a BTC user I've ever heard. I really hope there are other guys like you to make this community a whole better. ;D


Title: Re: Is it worth it?
Post by: bornil267645 on October 29, 2014, 03:47:35 PM
It's official: it's not worth it because the amount is very small, not paying even for your tiny time to load the page and fill the captcha and on long time it will make your address pay bigger transfer fees.

BUT it may worth it in certain cases:

- you spend that time on forums or gambling sites anyway
- you invest those pennies in something that grows fast (or it will worth it if BTC reaches 1000 times the current value)
- you are not too attached to your current BTC address and you will change it every couple of months.

So, um, yeah, it's debatable. The signature campaigns are clearly the way to go, but with only one account (cheating is found sooner or later, I think it doesn't worth it to try to multi-account) there's plenty of time for ... alternative means of getting some pennies if you have the time.



In my case, I get in one day, from a single faucet once per hour, more than I get from mining. I am stupid? Maybe. Or just maybe the term "worth it" is different from person to person and from case to case.

Yeah you make some interesting point, not undoubtable but still significant facts. The point I like is that "IF IT REACHES 1000 TIMES THE CURRENT VALUE." Oh boy  :o Wouldn't that be something  :o


Title: Re: Is it worth it?
Post by: 1K on October 29, 2014, 03:48:21 PM
Not really no, signature campaigns pay out better, even with the low amount it's still something you can use, I've actually decided to open up an Etsy store and I'll be using the money I earn from the coins I make to do some advertising and pay for fees :D which will hopefully end up netting me some money which I can then re-invest.

Right now there aren't many opportunities in Bitcoin but I hope one day we'll see a lot more trading, I am seeing merchants adopt it now but it's not happening fast just yet.

This is by far the MODEST opinion of a BTC user I've ever heard. I really hope there are other guys like you to make this community a whole better. ;D

I think you need to read more. There are plenty of people around here who have modest and rational things to say about btc. I also don't think you needed to quadruple post.


Title: Re: Is it worth it?
Post by: bornil267645 on October 29, 2014, 03:49:12 PM
Forget about faucets.
You can make way more money on this forum just attending in signature campaigns.

Would you kindly tell me a bit more about some signature campaigns. That would help me a lot. :)


Title: Re: Is it worth it?
Post by: bornil267645 on October 29, 2014, 03:53:18 PM
Not really no, signature campaigns pay out better, even with the low amount it's still something you can use, I've actually decided to open up an Etsy store and I'll be using the money I earn from the coins I make to do some advertising and pay for fees :D which will hopefully end up netting me some money which I can then re-invest.

Right now there aren't many opportunities in Bitcoin but I hope one day we'll see a lot more trading, I am seeing merchants adopt it now but it's not happening fast just yet.

This is by far the MODEST opinion of a BTC user I've ever heard. I really hope there are other guys like you to make this community a whole better. ;D

I think you need to read more. There are plenty of people around here who have modest and rational things to say about btc. I also don't think you needed to quadruple post.

My post, my opinion. So I would be glad if you kindly don't stick your nose in it. Just mind your own business Please. Thank you  ;D


Title: Re: Is it worth it?
Post by: hilariousandco on October 29, 2014, 04:39:25 PM
Not really no, signature campaigns pay out better, even with the low amount it's still something you can use, I've actually decided to open up an Etsy store and I'll be using the money I earn from the coins I make to do some advertising and pay for fees :D which will hopefully end up netting me some money which I can then re-invest.

Right now there aren't many opportunities in Bitcoin but I hope one day we'll see a lot more trading, I am seeing merchants adopt it now but it's not happening fast just yet.

This is by far the MODEST opinion of a BTC user I've ever heard. I really hope there are other guys like you to make this community a whole better. ;D

I think you need to read more. There are plenty of people around here who have modest and rational things to say about btc. I also don't think you needed to quadruple post.

My post, my opinion. So I would be glad if you kindly don't stick your nose in it. Just mind your own business Please. Thank you  ;D

I think you'll find posting opinions is how discussion forums work, even if you don't like what someone says. And he's right, you really don't need to make four posts in a row.

Forget about faucets.
You can make way more money on this forum just attending in signature campaigns.

Would you kindly tell me a bit more about some signature campaigns. That would help me a lot. :)

Keep it on topic. If you want to talk about signature campaigns make another thread or look in the Services sub.


Title: Re: Is it worth it?
Post by: bitnanigans on October 29, 2014, 04:44:48 PM
Nope. It's obviously not worth it.


Title: Re: Is it worth it?
Post by: monetizator4 on October 29, 2014, 04:52:07 PM
And even if I try to use more faucet I don't see any options. Because I don't know any faucet that gives more than 250 per 15 mnt with 100% guarantee.

I know one.  http://btc25.net/ (http://btc25.net/?id=462) (ref) pays at least 525 satoshi every 25 min.
And you have chance to win more (up to $25). I won 0.00009898 BTC 7 times in the last 5 days.

Of course, it's a wasting of time, but sometimes it's just funny:)


Title: Re: Is it worth it?
Post by: vroom vroom on November 05, 2014, 06:43:18 PM

I know one.  http://btc25.net/ (http://btc25.net/?id=462) (ref) pays at least 525 satoshi every 25 min.
And you have chance to win more (up to $25). I won 0.00009898 BTC 7 times in the last 5 days.


How much have u got out of it then? Some say btc25.net is suspicious, because as a newbie it has way too massive traffic. And it has a hyper expensive advertising option too. Something odd there. Its withdraw rules are also odd.

Wouldn't touch it, before there are clear proofs of payment. Although even then nothing is guaranteed. New sites (supposing this is new) are always riskier.


Title: Re: Is it worth it?
Post by: Bitcoin Seller on November 05, 2014, 06:59:27 PM
Only for a bot capable filling the captcha  :)


Not that hard , just need to make a BOT using uBOT & make it work with DeathByCaptcha with a website that can read Captcha's (paid) and you sit & watch ;D


Title: Re: Is it worth it?
Post by: 21coin on November 05, 2014, 07:01:50 PM
faucet are not worth it
better you invest your time to learn something online
other then trying faucets


Title: Re: Is it worth it?
Post by: leex1528 on November 06, 2014, 02:07:10 PM
Can you get 100 referrals who will do it regular, then yes it is 100% worth it! 


Title: Re: Is it worth it?
Post by: SideShow on November 06, 2014, 02:55:42 PM
You can get a job of entering captcha and earn much higher than faucets.