If Me or someone else made a Premium Paid Faucet would you use it?

[Instaclasher56]

I've been thinking for a while and I've been wondering about Paid (not free) bitcoin faucets. If everyone had to pay a monthly fee on say $5-$10 and payed around 2000-10000 satoshi every 2 hours it could make an amazing profit! There would be no ads (maybe one or two on certain pages) and a high payout so people can gain money quite fast. You can also donate and invest in the faucet as well which gives you a bigger claim rate! Here is a quick description of the site:

Welcome to (Faucet Name Here)! We are a paid faucet with little to no ads so you can claim high amounts without the annoying ads in the way! We have pay 2,000-10,000 satoshi per claim every 2 hours! The more you donate to the site the slightly bigger payouts you get! Donate 100 to 1000 bits and you get a 1.8 multiplier so you get 1.8x the normal claim! Donate 1000-10,000 and you get 2x the normal claim! More fetuses will be added soon as we grow but we hope you enjoy the faucet! Our prices are 2,000-10,000 satoshi per claim is $5-$10 per month and 4,000-20,000 is $10-$20 per month!


It is a very small idea and I need some advice on if you like the idea or not. Please reply so I can get back to the drawing board of just publish this thing! Thanks!

[MRKLYE]

We don't need any more fucking faucets.

[Rescue Squad]

People with little to no money go to faucets to win dust in the first place. I don't think imposing a $5 fee to get better reward will entice anyone.

[Jet Cash]

Sounds like a ponzi scam.

[NorrisK]

The money has to come from somewhere.. Are you counting on people paying and than claiming less than they paid? Otherwise you have a hole in your balance..

It sounds basically like a pay 5 usd, get 10 usd in a week ponzi scheme. Only this time you call it premium faucet to draw in new people.

Anyway, you can always try to launch one. People are greedy and will likely try it out.

[mocacinno]

The money has to come from somewhere.. Are you counting on people paying and than claiming less than they paid? Otherwise you have a hole in your balance..

It sounds basically like a pay 5 usd, get 10 usd in a week ponzi scheme. Only this time you call it premium faucet to draw in new people.

Anyway, you can always try to launch one. People are greedy and will likely try it out.

Indeed... I was wondering the same thing: what would be your business model?
In order for you to make money, there are only a couple options:
- break your promise, and do put up adds, while lowering the payout
- make it so hard to claim that the majority of your users pay a $5 monthly fee, but only claim $1...
- take as much money as you can and run without paying out your users

[crazyivan]

How would this make profit with no ads? From ponzi payments? Enough with that shit.

[ranlo]

The money has to come from somewhere.. Are you counting on people paying and than claiming less than they paid? Otherwise you have a hole in your balance..

It sounds basically like a pay 5 usd, get 10 usd in a week ponzi scheme. Only this time you call it premium faucet to draw in new people.

Anyway, you can always try to launch one. People are greedy and will likely try it out.

Doubt many would pay. Faucets are there for people that are too lazy to do real work and have no money. It's hard to pay when they have nothing.

[pinoycash]

Paid to Claim in short... the faucets is just a smoke screen on the ponzi... better say it upfront so no surprises at the end of the day

[Whosdaddy]

Faucet or Paid to Click service usually do not pays a user to the time and effort required. Still there are many faucets and PTC sites survive. I believe there many people still clicking/claiming after their main work or just to kill time.

[pooya87]

I've been thinking for a while and I've been wondering about Paid (not free) bitcoin faucets. If everyone had to pay a monthly fee on say $5-$10 and payed around 2000-10000 satoshi every 2 hours it could make an amazing profit! There would be no ads (maybe one or two on certain pages) and a high payout so people can gain money quite fast. You can also donate and invest in the faucet as well which gives you a bigger claim rate! Here is a quick description of the site:

Welcome to (Faucet Name Here)! We are a paid faucet with little to no ads so you can claim high amounts without the annoying ads in the way! We have pay 2,000-10,000 satoshi per claim every 2 hours! The more you donate to the site the slightly bigger payouts you get! Donate 100 to 1000 bits and you get a 1.8 multiplier so you get 1.8x the normal claim! Donate 1000-10,000 and you get 2x the normal claim! More fetuses will be added soon as we grow but we hope you enjoy the faucet! Our prices are 2,000-10,000 satoshi per claim is $5-$10 per month and 4,000-20,000 is $10-$20 per month!


It is a very small idea and I need some advice on if you like the idea or not. Please reply so I can get back to the drawing board of just publish this thing! Thanks!

in other words your plan is this:
- create a website
- ask people to pay you money
- pay them back little by little over a long time

ok. now can you explain what is the difference between your idea and a ponzi scheme website except the name?

[CryptoYeti]

This is going against the whole idea of a faucet in the first place. The original intent was to promote adoption of a coin, by giving out small amounts of it to the community at large to encourage them to explore and use the coin. By offering a small amount, it at minimum necessitated that the users create a wallet and at least work through the basic process of sending and receiving transactions. Once they had these basics down, many of them may be inclined to stick around and become members of the coin community.

At least that was the basic premise during early Bitcoin, and to some extent early alt-coin (such as LTC) days. As the cryptocurrency world gained interest, the value of the coins began to increase such that relying on generosity or donations to fund a faucet was becoming harder and harder. This coupled with the fact that scammers looking to make multiple claims were draining the faucets quickly, made the need for some other form of funding, thus advertisements.

At first this was kind of ok, but over time the needs of faucet operators have grown over the spirit of the faucet concept and the faucets became laden with ads, paid out little to nothing, and had many hurdles such as weird captchas to overcome. Granted some of this was in direct result due to the bots hammering the faucets for a free payday, but in the end for the average user the original intent of the faucet is long gone. The time it take to accumulate enough to not be eaten up by transaction fees, cost more in electricity running the computer than you will receive.

Wow, this seemed to quickly turn into a rant. Anyway, the takeaway is no, I think this idea is not at all a faucet but more akin to a ponzi as others already have pointed out.

[Lutzow]

Unless you'll invest the collected fee in a truthful way like trading then distribute your earnings to the users so they can get more than what they paid for, it could fail in one point or another. Nice idea though if true.

[Mitchell]

I used to sell my custom faucet. Trust me, it's not worth the hassle.

[calkob]

Is what you explain not the defination of a Ponzi scheme,  How can a person ever get back more than they have put in unless you paying them with the deposits from new entrants to the faucet,

dosnt make sense man give up on this one........

[lottoitaliano]

i don't understand the sense of faucet with payment.
faucet is free, is a method for newbie have a little bit of bitcoin and understand how work bitcoin and for the refhunter to have many ref for earn.

[FaucetRank.com]

paid faucet have no sense but if you have a game with upgrade option then it's diffrent thing .

[creepland]

Nah there are  lot of faucets. Ands it feels like ponzi scheme.

[Instaclasher56]

Sounds like a ponzi scam.

This isn't real and if I made it why would it be a ponzi?

[Nomad88]

I think your biggest issue would be gaining trust for new users. It is a fact most people will be doubthful atfirst. Other than that, it is hard to say wether it would work or not. Obviously it was never tried before.