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Author Topic: The automatic bitcoin faucet...but how do they fund it?  (Read 604 times)
TheDailyCrypto (OP)
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March 05, 2014, 02:32:49 AM
Last edit: March 18, 2014, 07:41:29 PM by grue
 #1

I recently posted about this on my blog http://thedailycrypto.com But now I'm wondering...how do they fund it?

Link to faucet http://qoinpro.com/[ref removed]
apsvinet
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March 05, 2014, 02:58:27 AM
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I don't think it's any of our business. Probably they'll just end up selling all email addresses used to sign up and not pay out a single satoshi to anybody. They're adding like 0.00000001 per day anyways and 0.00005540 is the withdrawal limit so it'll take some time before we know.
Hope you didn't use your regular every day email! Smiley

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E.exchanger
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March 18, 2014, 07:35:33 PM
 #3

they are funded mainly by the advertisers for the traffic on their website !! donations are less or zero on faucets though !!!
techgeek
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March 18, 2014, 08:31:14 PM
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I`m aware the person above me mentioned advertisers as one source to fund.

But, it can be the same owner whos had a established faucet testing the waters of creating another one.

They want to expand what they already know, and executed on. Similar to a process on how corporate works to expand brands, and the one universal umbrella would be P&G - eg: tide

apsvinet
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March 22, 2014, 05:49:03 PM
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they are funded mainly by the advertisers for the traffic on their website !! donations are less or zero on faucets though !!!
The traffic on their website? That's exactly how other faucets are funded. But the thing about this one is that you -NEVER- need to visit the website again after signing up (exception to withdraw). The only reason their website is running is cause nobody is withdrawing due to them only paying 1 satoshi per 24 hour.

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