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Author Topic: Is it profitable to run a Bitcoin faucet in 2017  (Read 9925 times)
bitllionaire
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March 10, 2017, 04:30:28 PM
 #181

I think faucets time is pass. If u can, make gambling site. Chess, Backgammon, rummikub i didnt see those games bet for btc. There r lots of dice games, sports betting, lottery but Chess, Backgammon and rummikub isnt.

Also people can spend lots of times in site with these games. If i can i will not wait a second. You can have more profit then faucet. I think lots of people tired for faucets. Dont add new one.


I agree with your opinion. Now people are not so actively spend their time on faucets. Especially because the faucets do not give a lot of profit. Now this idea is not relevant
i do not think that earning bitcoin from faucet is such a good idea of making money, because from there you cannot make such a good amount of bitcoin it is just the wastage of time.
yes one can make a very little amount of money from faucet that is why it is just wasting the time. i think if a person have some bitcoin and he know about trading then he has very good opportunity to make good profit form investing bitcoin in trading, even from a very small amount of bitcoin he can make a good profit form bitcoin.

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Kray
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March 10, 2017, 04:39:43 PM
 #182

I think faucets time is pass. If u can, make gambling site. Chess, Backgammon, rummikub i didnt see those games bet for btc. There r lots of dice games, sports betting, lottery but Chess, Backgammon and rummikub isnt.

Also people can spend lots of times in site with these games. If i can i will not wait a second. You can have more profit then faucet. I think lots of people tired for faucets. Dont add new one.


I agree with your opinion. Now people are not so actively spend their time on faucets. Especially because the faucets do not give a lot of profit. Now this idea is not relevant
i do not think that earning bitcoin from faucet is such a good idea of making money, because from there you cannot make such a good amount of bitcoin it is just the wastage of time.
yes one can make a very little amount of money from faucet that is why it is just wasting the time. i think if a person have some bitcoin and he know about trading then he has very good opportunity to make good profit form investing bitcoin in trading, even from a very small amount of bitcoin he can make a good profit form bitcoin.

Yeah i agree with you, because of faucet reward very small so everyone leave faucet. and i think its not profitable to run faucet service again

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March 10, 2017, 04:46:20 PM
 #183

Hi,

I have a question regarding your own BTC faucet. Is it profitable to run it in 2017?
I was thinking to run it via WordPress.
What initial investment is needed?
Ofcourse it is profitable but in my opinion it is not much easy to get success at very starting .
Earlier it was much easy to make earning from newly build faucet site but in the current time it is much hard to get visitors , so you need to give more reward and more refer commission  In this way you can make a big earning if your site visitors are in millions .
If you have unlimited visitors then surely you will get sponsor to view add for particular site .


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March 10, 2017, 04:59:25 PM
 #184

I think faucets time is pass. If u can, make gambling site. Chess, Backgammon, rummikub i didnt see those games bet for btc. There r lots of dice games, sports betting, lottery but Chess, Backgammon and rummikub isnt.

Also people can spend lots of times in site with these games. If i can i will not wait a second. You can have more profit then faucet. I think lots of people tired for faucets. Dont add new one.


I agree with your opinion. Now people are not so actively spend their time on faucets. Especially because the faucets do not give a lot of profit. Now this idea is not relevant
i do not think that earning bitcoin from faucet is such a good idea of making money, because from there you cannot make such a good amount of bitcoin it is just the wastage of time.
yes one can make a very little amount of money from faucet that is why it is just wasting the time. i think if a person have some bitcoin and he know about trading then he has very good opportunity to make good profit form investing bitcoin in trading, even from a very small amount of bitcoin he can make a good profit form bitcoin.

I started on faucet initially because I'm thinking it is fastest way to earn bitcoin. However, I learn the hard way that is it very hard to earn bitcoin from it that's why I stopped. Plus you will need a lot of time in it and as a result you get tired so not worth. Maybe when you are beginner and you don't not a lot about how to earn bitcoin you will go to faucet but as you go through in the crypto world you will learn a lot of possible ways to earn bitcoin outside of the faucet system.

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March 10, 2017, 05:29:19 PM
 #185

Hi,

I have a question regarding your own BTC faucet. Is it profitable to run it in 2017?
I was thinking to run it via WordPress.
What initial investment is needed?
Is it good enough in my opinion, as newbie will try to earn bitcoin through faucet, even though it's hard to achieve decent amount.
When your site traffic increase, then offer ads service will be great. I guess for brand new site, you need at least BTC0.5-0.1 to cover the cost. Faucet site is a simple work with good opportunity to develop, take it as a first step.

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March 10, 2017, 06:09:20 PM
 #186

I think faucets time is pass. If u can, make gambling site. Chess, Backgammon, rummikub i didnt see those games bet for btc. There r lots of dice games, sports betting, lottery but Chess, Backgammon and rummikub isnt.

Also people can spend lots of times in site with these games. If i can i will not wait a second. You can have more profit then faucet. I think lots of people tired for faucets. Dont add new one.


I agree with your opinion. Now people are not so actively spend their time on faucets. Especially because the faucets do not give a lot of profit. Now this idea is not relevant
i do not think that earning bitcoin from faucet is such a good idea of making money, because from there you cannot make such a good amount of bitcoin it is just the wastage of time.
yes one can make a very little amount of money from faucet that is why it is just wasting the time. i think if a person have some bitcoin and he know about trading then he has very good opportunity to make good profit form investing bitcoin in trading, even from a very small amount of bitcoin he can make a good profit form bitcoin.

Yeah i agree with you, because of faucet reward very small so everyone leave faucet. and i think its not profitable to run faucet service again
You guys have no idea how many people still use them, even though they pay so little.
The only problem currently might be that payouts are practically impossible due to the high fees.

I'm sure that there are still enough faucets out there that are profitable for their owners


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March 10, 2017, 07:19:12 PM
 #187

Crypto currency is now very interesting to many people and so I think that this will be interesting to many. But you need to attract many advertisers to your site. And clients
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March 10, 2017, 08:59:10 PM
 #188

Crypto currency is now very interesting to many people and so I think that this will be interesting to many. But you need to attract many advertisers to your site. And clients
You don't really need to attract advertisers, you can just pick and choose whatever advertisings you want, unless you want to make specific deals for your faucet.

I'm guessing that some advertising networks aren't compatible with faucets, because they're against their TOS, but you'll still have many to choose from.


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March 10, 2017, 09:03:58 PM
 #189

I think faucets time is pass. If u can, make gambling site. Chess, Backgammon, rummikub i didnt see those games bet for btc. There r lots of dice games, sports betting, lottery but Chess, Backgammon and rummikub isnt.

Also people can spend lots of times in site with these games. If i can i will not wait a second. You can have more profit then faucet. I think lots of people tired for faucets. Dont add new one.


I agree with your opinion. Now people are not so actively spend their time on faucets. Especially because the faucets do not give a lot of profit. Now this idea is not relevant
i do not think that earning bitcoin from faucet is such a good idea of making money, because from there you cannot make such a good amount of bitcoin it is just the wastage of time.
yes one can make a very little amount of money from faucet that is why it is just wasting the time. i think if a person have some bitcoin and he know about trading then he has very good opportunity to make good profit form investing bitcoin in trading, even from a very small amount of bitcoin he can make a good profit form bitcoin.

Yeah i agree with you, because of faucet reward very small so everyone leave faucet. and i think its not profitable to run faucet service again

Most of us will feel that faucets are a "waste of time" but that hardly means that their time has passed. We say it because we're not new to it.

I'll always feel slightly nostalgic about faucets. Take a look at PTC sites. They've been around for more than a decade and pay about as much per click/view as faucets do. Still going strong if they have a good business model!

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March 11, 2017, 08:30:39 AM
 #190

Crypto currency is now very interesting to many people and so I think that this will be interesting to many. But you need to attract many advertisers to your site. And clients
You don't really need to attract advertisers, you can just pick and choose whatever advertisings you want, unless you want to make specific deals for your faucet.

I'm guessing that some advertising networks aren't compatible with faucets, because they're against their TOS, but you'll still have many to choose from.
Faucet was booming awhile ago, when Google Adsense looked the other way, but these days, they have been read the riot act and fauceting is seen as incentivized traffic. For same reason, the network sites that tolerate faucets, pay very little thus making faucet owners hardly able to offer rewards that could engage people and not see it as waste of time.

To generate extra revenue, you may want to consider promoting your own affiliate links from programs with potentials, the very popular ones are likely to be saturated already.

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March 11, 2017, 09:27:05 AM
 #191

As bitcoin costs more than $1k now, I guess people won't be interested in such faucets. I think it is better to make a faucet for some cheap and popular alt like litecoin. Thus people will be able to earn quite a lot and will be more attracted. And you will thus be able to earn money for the advertisements on your site. You just have to make a really good faucet. No registration (just the coin adress), lottery-based sum of faucet etc. Good luck!


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jeraldskie11
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March 11, 2017, 11:33:31 AM
 #192

For me, its not profitable to run bitcoin faucet in 2017 because I think there will be no more people will be  interested on faucet because its very cheap and its wasting much time just by collecting mbtc or satoshi. But if you run a bitcoin faucet that makes attract to people maybe there are some but you didn't profitable but its up to you, we don't know what real happen.

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March 11, 2017, 12:39:34 PM
 #193

For me, its not profitable to run bitcoin faucet in 2017 because I think there will be no more people will be  interested on faucet because its very cheap and its wasting much time just by collecting mbtc or satoshi. But if you run a bitcoin faucet that makes attract to people maybe there are some but you didn't profitable but its up to you, we don't know what real happen.
That is true and that is one of the reasons why there is a risk for people who run faucet to get less profits than before because people now are practical and they didn't want to waste time in such a website that pays low rate because we all know that people right now are always hungry for earning big amounts of money so you can try other options but not faucet for being smart in getting profits.

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March 11, 2017, 12:55:17 PM
 #194

I wonder how the faucet owner earn from it? Huh Well for me, faucet is not profitable anymore because they are already learned because of it only gives a micro earning, it is not worth it to stay in a faucet and just claiming whole day, its a waste of time. Maybe newbies can still do that and it so hard to establish a site with a good traffic.

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March 11, 2017, 02:47:05 PM
 #195

Well there still live some old faucets, soo that  for me is enought to give a try, im willing to start a faucet even knowing that looks like a dead market, but a good reward and good traffic is the key to sucess. Sure i wont be rich as faucet doesnt allow such, but i believe its possible to earn something with them.


 
 
 
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March 11, 2017, 02:56:29 PM
 #196

Hi,

I have a question regarding your own BTC faucet. Is it profitable to run it in 2017?
I was thinking to run it via WordPress.
What initial investment is needed?

As I can see in faucets it is still profitable, if this will the focus activities of the individual here, but biggest effort you made in it, is the the few satoshi you gain only. That's means before you earn big bin faucets, you waste a lot of time in your daily life.

                                 
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March 11, 2017, 04:29:01 PM
 #197

Hi,

I have a question regarding your own BTC faucet. Is it profitable to run it in 2017?
I was thinking to run it via WordPress.
What initial investment is needed?

As I can see in faucets it is still profitable, if this will the focus activities of the individual here, but biggest effort you made in it, is the the few satoshi you gain only. That's means before you earn big bin faucets, you waste a lot of time in your daily life.

Yes, I have long ceased to make money on similar sites. It is very slow and not profitable. But if you make your own faucets, it can make a profit. The main thing is to attract advertisers
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March 11, 2017, 05:42:03 PM
 #198

For me, its not profitable to run bitcoin faucet in 2017 because I think there will be no more people will be  interested on faucet because its very cheap and its wasting much time just by collecting mbtc or satoshi. But if you run a bitcoin faucet that makes attract to people maybe there are some but you didn't profitable but its up to you, we don't know what real happen.

You are 100% wrong. Everyday, thousands, if not tens of thousands of new users are being gained by Bitcoin. Many of these new users try to get their first Satoshis from the faucet sites. If you could maintain a faucet site properly, then you can earn decent amounts of money out of it.

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March 12, 2017, 05:37:04 AM
 #199

so OP didn't even bother to answer... meanwhile the discussion is raging
there is a very good wordpress faucet plugin by the author of the bitcoin blog
you can find it here: https://99bitcoins.com/ ( it is not mine)
so I was wondering if there was anyone who was using the said plugin and what was his experience like with it

faucet can be profitable if you know what are you doing,but it is not efficient time/profitwise
and I would suggest you to try and do something else-too much of a headache

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March 12, 2017, 05:46:47 AM
 #200

For me, its not profitable to run bitcoin faucet in 2017 because I think there will be no more people will be  interested on faucet because its very cheap and its wasting much time just by collecting mbtc or satoshi. But if you run a bitcoin faucet that makes attract to people maybe there are some but you didn't profitable but its up to you, we don't know what real happen.

You are 100% wrong. Everyday, thousands, if not tens of thousands of new users are being gained by Bitcoin. Many of these new users try to get their first Satoshis from the faucet sites. If you could maintain a faucet site properly, then you can earn decent amounts of money out of it.
Excuse me? where's the source of data and is it reliable? as far as I know that there are none of the methods until now that is proven to be relevant in order to gain the specific and real amount of new users every day.
Even we're now struggling to know the exact amount of bitcoin users around this planet.

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