Ethereum Faucets Gone Scam?

[SparkyU]

Has anyone been paid by these faucets recently? Usually payments were sent the next day and now it's been quite awhile since I received one.  My guess is the price of ETH soared and the site turned scam.

http://www.etherfaucet.org
http://www.ethereumfaucet.org

And this site was supposed to pay on the weekends, yet I haven't heard of anyone getting anything and there are no proofs on the site.  Also today my balance zerod out yet I didn't receive anything.

http://free-ethereum.com

Anyone have a different experience or can these sites be labeled scams now?

[stoat]

They probably closed for maintainance because the price is rising so fast.

[Humbertin19_]

They probably closed for maintainance because the price is rising so fast.

He have reazon with theme

[Za1n]

They probably closed for maintainance because the price is rising so fast.

Exactly what I was thinking, no way to keep up with the price going from $1 to over $5 in a month. I am sure the original payouts were based upon the assumption any rises would be slow and payouts could be adjusted slowly. Kind of crappy they bailed without paying out, but not surprising.

[BlissfullyIgnorant]

free-ethereum.com zeroed out my balance as well, with no payment. I suspect that the formula for calculating the win wasn't working properly as it only ever paid 0.01 ETH for every win. This is not longer the case, so I assume that they reset all the balances because of this mistake. Personally, I would have preferred they reduce the wins rather than delete them, as this well and truly puts them in the SCAM category for me.

[Dekker3D]

Yup same here, not getting anything from them recently. Expect the rewards to be way less once they come back.

[SparkyU]

Yup same here, not getting anything from them recently. Expect the rewards to be way less once they come back.

Well you were right.  Payments started again on the main first 2, but the payouts are WAY lower.  Almost to the level of what a bitcoin faucet would pay in number amounts, though btc is worth MUCH more than eth.  So those faucets aren't even remotely worth the time.

[LTU_btc]

Can somebody suggest Ethereum faucet which are paying?

[Za1n]

Yup same here, not getting anything from them recently. Expect the rewards to be way less once they come back.

Well you were right.  Payments started again on the main first 2, but the payouts are WAY lower.  Almost to the level of what a bitcoin faucet would pay in number amounts, though btc is worth MUCH more than eth.  So those faucets aren't even remotely worth the time.

They never are in the end it is always the same. With most of these so called "faucets", you probably spend more on electricity using your computer to surf them than they payout.

A couple of years ago faucets were what they claimed, a way to give out a few bits of a coin to help spread the word about that coin and to help promote adoption, now they are just a get rich quick scheme for the operators.

So while faucets may be good for a chuckle, or to teach someone very new about wallet basics, etc., at the end of the day they are doing more for their owners than the users.

[TPTB_need_war]

The failure of faucets as a distribution paradigm is an important economics lesson.

What it teaches us if that users only do a mundane activity with no value to obtain coins, then they don't value the coins very much either.

If we want to distribute coins to users and have them place a high value on them, then either they must expend their money (e.g. ICO or cost of PoW mining) or some other way they can express value through an activity.

The design of my marketing plan hinges on this observation.

[SparkyU]

They never are in the end it is always the same. With most of these so called "faucets", you probably spend more on electricity using your computer to surf them than they payout.

A couple of years ago faucets were what they claimed, a way to give out a few bits of a coin to help spread the word about that coin and to help promote adoption, now they are just a get rich quick scheme for the operators.

So while faucets may be good for a chuckle, or to teach someone very new about wallet basics, etc., at the end of the day they are doing more for their owners than the users.

True, the only exception to this I think would be if a user has a bot to scrape bits from various sites without much effort on their own part.  This is probably why many faucets have been attacked by bots as doing them manually is mostly pointless.

[robelneo]

Has anyone been paid by these faucets recently? Usually payments were sent the next day and now it's been quite awhile since I received one.  My guess is the price of ETH soared and the site turned scam.

http://www.etherfaucet.org
http://www.ethereumfaucet.org

And this site was supposed to pay on the weekends, yet I haven't heard of anyone getting anything and there are no proofs on the site.  Also today my balance zerod out yet I didn't receive anything.

http://free-ethereum.com

Anyone have a different experience or can these sites be labeled scams now?

It saves me time and effort I was about to join here and be active seeing that ethereum has become a huge coin in this past few weeks,I am still on the search for the good ethereum faucets it's better for this faucets to be escrowed I don't trust faucets who do not escrow

[runomata]

I found one more.. Here is a new Ethereum Faucet which works: http://ethereumfaucet.net/

10 Minutes / min. withdraw 0,05 ETH. It's a new but payments are high..

[WINBC]

Here is a list of Ethereum faucets : http://winbc.blogspot.in/p/blog-page_28.html

[realbigs21024]

I found one more.. Here is a new Ethereum Faucet which works: http://ethereumfaucet.net/

10 Minutes / min. withdraw 0,05 ETH. It's a new but payments are high..

I hot good on it this morning and now I went back to try again and it says my account has been suspended lol what some crap that makes me so mad

[memequiserle]

i think accident same with bitcoin faucet
bitcoin price incraese high many bitcoin faucet is closed service or reduce reward
same with ethereum, ethereum price incraese high, so many ethereum faucet lose because owner not get return

[szafa]

If i need etherum to send coin i just buying etherum.

[savioroshan]

i think accident same with bitcoin faucet
bitcoin price incraese high many bitcoin faucet is closed service or reduce reward
same with ethereum, ethereum price incraese high, so many ethereum faucet lose because owner not get return

yes buddy, you are right. If the price increase, faucet owners will find difficulty to manage the faucet and eventually it turns into scam. or if they dont have enough users also, faucet owners will get no profit and lose interest and they stop managing their faucets and finally it becomes scam. I think here its the second option.

[Cazkys]

i think accident same with bitcoin faucet
bitcoin price incraese high many bitcoin faucet is closed service or reduce reward
same with ethereum, ethereum price incraese high, so many ethereum faucet lose because owner not get return

yes buddy, you are right. If the price increase, faucet owners will find difficulty to manage the faucet and eventually it turns into scam. or if they dont have enough users also, faucet owners will get no profit and lose interest and they stop managing their faucets and finally it becomes scam. I think here its the second option.

Due to the rally price of Ethereum, some faucet owners close their faucet for a while, obviously to reduce the rewards and to update a new set up. Last week, I visited some faucets site I used to claim but the balance of their site was empty. I don't know if they retrieved their ETH to be hold and wait for the price to increase more.

[sulendra12]

~...~

And then what the hell you necro'd bump this thread?

~snipped~

Or they can't manage their faucet because laziness and lack of traffic I think, this thread last active on 2016 and we didn't know Ethereum's price on that day.

If i need etherum to send coin i just buying etherum.

Easy method to get Ethereum quickly.