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Author Topic: Is it profitable to run a Bitcoin faucet in 2017  (Read 9925 times)
wxa7115
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March 13, 2017, 05:38:01 PM
 #201

Yeah as long as there will be a huge number of visitor,
We all know that the owner would only earn through the visitors of the site.
But it looks like very difficult to get a lot of the visitor, with an evidence too many the faucet site is dead, because they're not having enough visitor to make his circulation is always running. So i think its idea is very risky in my mind.
Getting visitors to any website is always the hardest part, you need to offer something they want so they stay on your website, for more than a few seconds, faucets use economic incentives, but the truth is those incentives are very low at the moment so for many of us it is simply not worth it.

In order to have a lot of visitors, you need a lot of money to invest in advertising your faucet. It is most important. But, unfortunately, not everyone understands this. And then they wonder why they do not have visitors.
Money is necessary to advertise any website but on the internet is way better to know how to promote your product than to throw mountains of cash and expect good results because if your website is any good people will go and visit with frequency.

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March 13, 2017, 05:42:43 PM
 #202

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.
You don't need a source of data to state an opinion.  They are right that a lot of new users get their first Bitcoins via faucets - the prospect of free money, no matter how small an amount, is an interesting concept and shows the purpose of Bitcoin as a payment system.  While it is true that faucets practically give dust, this won't stop thousands of people using them every day.
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March 13, 2017, 05:49:52 PM
 #203

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.
You don't need a source of data to state an opinion.  They are right that a lot of new users get their first Bitcoins via faucets - the prospect of free money, no matter how small an amount, is an interesting concept and shows the purpose of Bitcoin as a payment system.  While it is true that faucets practically give dust, this won't stop thousands of people using them every day.
From the start of your opening statement, I saw that what you are righting is a matter of opinion and that you don't have really any evidece that running a faucet isn't profitable anymore. Basing it on statistics faucets are still profitable you just need to have the right management for it to be profitable.

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Rinder
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March 13, 2017, 06:09:38 PM
 #204

The big issue is you can open your faucet but you will need your workers, community to help you to get a good traffic as well support, the most captcha people just focus into making extra satoshis and forget the other side need they support to keep faucet alive and even raise the share.
EdenHazard
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March 13, 2017, 06:21:50 PM
 #205

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.
You don't need a source of data to state an opinion.  They are right that a lot of new users get their first Bitcoins via faucets - the prospect of free money, no matter how small an amount, is an interesting concept and shows the purpose of Bitcoin as a payment system.  While it is true that faucets practically give dust, this won't stop thousands of people using them every day.
yes i think faucet works only for a newcomer who lazy and don't want to spend their fiat money even for $10 just to try how bitcoin/digatal money works for worldwide transaction , so far it was not good enough , those people realize after that , it was wasting time.

better to spend $5 or so rather than have to collecting dust to know the bitcoin concept.

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hurain
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March 13, 2017, 09:58:14 PM
 #206

The big issue is you can open your faucet but you will need your workers, community to help you to get a good traffic as well support, the most captcha people just focus into making extra satoshis and forget the other side need they support to keep faucet alive and even raise the share.
yes that is not such an easy job, it need a lot of hard work and experience, you also need the support of so may other people you can evey hire some people for helping your in running faucets.
wxa7115
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March 15, 2017, 03:48:16 AM
 #207

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.
There is no way to know the amount of user of bitcoin we have right now, how could we know the amount of users that get into bitcoin every day, besides even if you are right many will realize very fast as most of us that claiming form faucets is a waste of time.

..C..
.....................
........Finally C is .........
..............
...........            ............
       ............            ............
...................      ....................


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March 19, 2017, 01:04:14 PM
 #208

Profitable. Only you need to think carefully. With the right approach and good advertising, you can get a satisfactory financial profit.
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March 19, 2017, 01:44:32 PM
 #209

Profitable. Only you need to think carefully. With the right approach and good advertising, you can get a satisfactory financial profit.

If you run any site its always profitable via Google earnings and other sort of services by advertising it. Same like how epay.info doing it. This site simply good for newbies and you guys can make satoshi in regular time period and payment has been processed on every Wednesday.

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March 19, 2017, 02:02:25 PM
 #210

Profitable. Only you need to think carefully. With the right approach and good advertising, you can get a satisfactory financial profit.

If you run any site its always profitable via Google earnings and other sort of services by advertising it. Same like how epay.info doing it. This site simply good for newbies and you guys can make satoshi in regular time period and payment has been processed on every Wednesday.
That is another way to promote your site through advertising but it would incur additional cost just for hoping that it will increase your site's traffic. I would rather focus on the quality of the site than advertise my site right away. The faucet game is getting harder and harder because a lot of them fail early on because of wrong decisions.

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March 19, 2017, 02:04:55 PM
 #211

I really doubt it is profitable to run a bitcoin faucet this day, especially since adsense banned such sites. You can maybe monetize the traffic with pop ads network but i am still not sure it will cover your cost to operate a faucet. Sites like freebitco.in and moonbitcoin are able because they now have a good members base so they can sell cpm traffic. Also another problem with this type of traffic you get is you receive many hits from proxies vpn vps and no one is interested to buy such traffic as this never convert to anything
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March 19, 2017, 02:10:47 PM
 #212

Depends on how many visitors are you getting on your site. It all boils down to the number of unique advertisements watch and daily traffic for you to get something from your faucet, otherwise you are just wasting money down the drain to pay for hosting and whatnot.

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April 24, 2017, 05:41:24 AM
 #213

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.
You don't need a source of data to state an opinion.  They are right that a lot of new users get their first Bitcoins via faucets - the prospect of free money, no matter how small an amount, is an interesting concept and shows the purpose of Bitcoin as a payment system.  While it is true that faucets practically give dust, this won't stop thousands of people using them every day.
That is true once new users get their first bitcoin with bitcoin faucet, every day is sure there are always new users who want to know about bitcoin, they get it for sure by using the tap because they haven't learned the many ways to get your bitcoin.
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April 24, 2017, 08:48:40 AM
 #214

Now a days faucet-users are not making money out of faucet but the faucet runners making money out of faucet-users. It is far better to stay away from faucets for at lease bitcoin-related.

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August 17, 2017, 07:19:50 PM
 #215

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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August 18, 2017, 05:32:45 AM
 #216

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?

It will be profitable only if you do it properly and right system for it. But I wonder, why Bitcoin faucets? there are other things here that you can build using bitcoin. But anyway, good luck t your plan about this things.


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mondobitcoin
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August 18, 2017, 05:53:58 AM
 #217

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?

I think you can start without any investment, but without success.
If you invest some money, like for advertising the site and for buy a normal hosting (not wordpress) , maybe you can earn something

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August 18, 2017, 06:37:02 AM
 #218

I have learn that faucets are good like freebitco.in if the value of bitcoin is low because they have fix amount of prize so when bitcoin value is low and you were able to play faucets and keep your earnings in the long run after some quite time you can convert them into fiat and when the value of bitcoin increases you will have a good profit out of it.

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August 18, 2017, 07:22:24 AM
 #219

It depends on how you manage your faucet and techniques to attract visitors. If you would increase the bitcoin that can be claim and shorten the time to claim it I will assure you it will become profitable, and only few will ignore it. And maybe, this year 2017 can become a big help, because a lot of newbies joined and will join and soon tried faucet to earn while they are not earning through campaigns like I was before. And make sure your site will be more attractive than others. But it will be going to be quite hard I guess. Good luck.

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August 18, 2017, 02:50:24 PM
 #220

It depends on how you manage your faucet and techniques to attract visitors. If you would increase the bitcoin that can be claim and shorten the time to claim it I will assure you it will become profitable, and only few will ignore it. And maybe, this year 2017 can become a big help, because a lot of newbies joined and will join and soon tried faucet to earn while they are not earning through campaigns like I was before. And make sure your site will be more attractive than others. But it will be going to be quite hard I guess. Good luck.
There is already a lot of people knows what is bitcoin and that is why most of the newbies doesn't even try faucet sites because most of the old bitcoin users made them realized that bitcoin faucet is such a waste of time so the profitability of faucet site for bitcoin is really low or even a negative profit because even though you will increase the rate but it is not enough for them to use your site because they can earn more bitcoin from the other site rather than yours.

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