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Author Topic: Is it profitable to run a Bitcoin faucet in 2017  (Read 9925 times)
usefrees
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February 20, 2017, 02:10:43 PM
 #61

most bitcoin users would not tend to waste of their time on collecting very small amounts on faucets,so it would not profitable.

I do not agree with you. Bitcoin is becoming popular day by day. And new users prefer to get Satoshi free. And they are beginning to do it is often in such services
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February 20, 2017, 02:31:05 PM
 #62

most bitcoin users would not tend to waste of their time on collecting very small amounts on faucets,so it would not profitable.

I do not agree with you. Bitcoin is becoming popular day by day. And new users prefer to get Satoshi free. And they are beginning to do it is often in such services

For new users, there is a great possibility that they will be looking at getting free satoshis. However, like you said, bitcoin is getting more and more popular. The prices of bitcoins is proportionally increasing along with its popularity. Hence, the value you give away in faucets also goes up and then that means you are spending more money buying views. Faucets are actually view buyer.

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February 20, 2017, 03:37:22 PM
 #63

Bitcoin users nowadays are aware that bitcoin faucet are total waste of time. Even if you are running the best faucet site out there, you still wouldn't earn that much compared to how much money you should be earning if you chose to learn how to trade altcoins instead or if you choose to get an actual job. Maybe for someone who already knows how to set up a bitcoin faucet site and put advertisements in it, bitcoin faucet can be profitable because he didn't invest that much time studying how to do so and he doesn't have to spend much time creating the website itself. Otherwise, you're better off doing other things. There's tons of opportunities online, don't limit yourself on the very basic ones.

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February 20, 2017, 03:37:58 PM
 #64

most bitcoin users would not tend to waste of their time on collecting very small amounts on faucets,so it would not profitable.

I do not agree with you. Bitcoin is becoming popular day by day. And new users prefer to get Satoshi free. And they are beginning to do it is often in such services
I did not see anything from your statement. they are trying to get bitcoin for free. but based on the current condition about the bitcoin faucet and it's not profitable. too many the faucet site already closed caused by his can't keep his life.


     
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February 20, 2017, 03:43:56 PM
 #65

In my view, nothing related to faucets (rotators, lists, ownership, claiming) is worth your time.  If it's a really good faucet with tactically placed advertisements, several cleverly utilised ways to make money, lots of traffic etc, then it will make a profit (otherwise they wouldn't exist, right?) but generally starting a new faucet won't be worth it because unless you're one of the most established faucets out there (moonbitcoin, freebitcoin, elenafaucets etc) you won't make much or any money and it takes more effort than it's worth to reach that kind of status.
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February 20, 2017, 06:05:27 PM
 #66

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?

These days I dont think bitcoin faucets is really profitable only if advertisement on the site is bringing some level of decent income and even these days where bitcoin is now over 1k dollar then I see faucets sites giving 5 satoishis every 24hours because of running it might be too high. At the same time if it can be directed towards Newbies coming into the crypto-world I guess some people might be interested and no matter how since its free, its still worths it...



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February 20, 2017, 06:12:48 PM
 #67

most bitcoin users would not tend to waste of their time on collecting very small amounts on faucets,so it would not profitable.

If you are talking about experienced users, then that may be true. Very few of them will be interested in the faucets. But noobs are not like that. I have seen new users spending (or wasting) hours of their time on various faucets. And the saddest part is that in 90% of the cases, these users will not have the patience to keep on clicking until they reach the payment threshold.

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February 20, 2017, 06:34:04 PM
 #68

most bitcoin users would not tend to waste of their time on collecting very small amounts on faucets,so it would not profitable.

If you are talking about experienced users, then that may be true. Very few of them will be interested in the faucets. But noobs are not like that. I have seen new users spending (or wasting) hours of their time on various faucets. And the saddest part is that in 90% of the cases, these users will not have the patience to keep on clicking until they reach the payment threshold.

Indeed but sometimes even experienced users visit a faucet.  That is if he is bored and have nothing to do and wanted to earn satoshi in his free time.  Once a habit is always a habit.  Others tend to get satoshi ina faucet while they are trading. And I have a habit of doing it myself.



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February 20, 2017, 06:41:26 PM
 #69

most bitcoin users would not tend to waste of their time on collecting very small amounts on faucets,so it would not profitable.

If you are talking about experienced users, then that may be true. Very few of them will be interested in the faucets. But noobs are not like that. I have seen new users spending (or wasting) hours of their time on various faucets. And the saddest part is that in 90% of the cases, these users will not have the patience to keep on clicking until they reach the payment threshold.

Indeed but sometimes even experienced users visit a faucet.  That is if he is bored and have nothing to do and wanted to earn satoshi in his free time.  Once a habit is always a habit.  Others tend to get satoshi ina faucet while they are trading. And I have a habit of doing it myself.
And how exactly are you collecting your faucet rewards? You know that habit of collecting dust on your wallet is not good.
Ultimately you may end up paying higher transaction fee than all your faucet profits combined.
It will bite you in the ass in the and especially now, when main wallet of every wallet user - Xapo, is no longer offering a fee-less transactions.

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February 20, 2017, 11:31:51 PM
 #70

There are still a decent number of people who are still relying on faucets . I saw a bunch of groups in social media sites like facebook and twitter where the members are focusing on HYIPs, Faucets etc. Though you might feel guilty about it because you should be guiding them to the right path not the wrong one .

Nope . Wordpress is not a good one . Better look for another . You have to buy a domain and look for a web hosting service . You can find a bunch of cheap ones . Just search for them . Also think of some unique ideas because faucets these days are really similar . They just differ on rates .

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February 21, 2017, 01:40:23 AM
 #71

A faucet can always be profitable for a owner if he knows how to run it. All you need are visitors to your faucet and it should probably attract them so that they should come back again. And as told earlier by someone, set a threshold of quite high amount so that they come again every time to reach the threshold before getting their bits so that they don't run away after coming 2, 3 times.
I don't know if that is true, less and less people are using faucets, in the past it was an easy way to get some additional satoshis, but now faucets have so many security measures that even claiming anything from  them has become very difficult so anyone wanting to learn something about bitcoin from faucet will be turned off by it.

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February 21, 2017, 03:14:55 AM
 #72

A faucet can always be profitable for a owner if he knows how to run it. All you need are visitors to your faucet and it should probably attract them so that they should come back again. And as told earlier by someone, set a threshold of quite high amount so that they come again every time to reach the threshold before getting their bits so that they don't run away after coming 2, 3 times.
I don't know if that is true, less and less people are using faucets, in the past it was an easy way to get some additional satoshis, but now faucets have so many security measures that even claiming anything from  them has become very difficult so anyone wanting to learn something about bitcoin from faucet will be turned off by it.

The problem isn't only the many security measures, but the low rewards that we receive after completing all the security measures. Without Adsense it became impossible to run good default faucets. Only creative and original faucets can still survive, with extra mechanisms the faucet owner introduce to let their users receive a higher reward. But to do this it's necessary a lot of informatic and programming knowledge.

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February 21, 2017, 04:23:31 AM
 #73

running a faucet is "Always" a bad idea and is a pain in the ass. because it is not only one thing that is hard but everything about this thing is hard.
for example the first thing is to find advertising networks that both pay good and don't restrict your account because it is a facuet.
the other thing is fighting the bots and the adblocks which everyone these days are using and will prevent you from making money.
and the third one is getting traffic and people to be stupid enough to waste their time on a faucet for earning dust.


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February 21, 2017, 04:55:52 AM
 #74

Yes bitcoin faucet will always be profitable in the year 2017.if u have to be honest and dont cheat on the others ,it will run smoothly.when u create a faucet,give the right advertisements and make interesting offers where people will get more attracted to it .

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February 21, 2017, 04:59:47 AM
 #75

running a faucet is "Always" a bad idea and is a pain in the ass. because it is not only one thing that is hard but everything about this thing is hard.
True, even for those beginners faucet is a good idea but we don't know about they are cheating your timer (Changing IP, or multi account) for fraud activities. It makes run a Bitcoin Faucet is kinda like a bad idea to do.


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February 21, 2017, 06:07:50 AM
 #76

Yes bitcoin faucet will always be profitable in the year 2017.if u have to be honest and dont cheat on the others ,it will run smoothly.when u create a faucet,give the right advertisements and make interesting offers where people will get more attracted to it .

realy youre can get much profit create faucet site, this now bitcoin price is high
if youre faucet site reward under 100 satoshi is never visitor visit youre facuet
you can write link youre faucet site, and report calculation youre pay visitor and return profit from advertising network

                                   
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February 21, 2017, 07:48:54 AM
 #77

I guess it depends on how attractive your faucet is.
Because faucet is profitable to the owner only it is just like paying those visitors at a time they click on the website.
Just have a great attracting site and reasonable satoshi so people will come  back.

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February 21, 2017, 08:23:08 AM
 #78

It is still profitable but there's no free lunch, you have to set the payments high and the rate of withdrawals and amount should be flexible in order to please more people to keep coming. You likewise need to get the right advertisements on your website and with a well paying advert company like Google I think it should come out profitable.



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February 21, 2017, 09:47:44 AM
 #79

I guess it depends on how attractive your faucet is.
Because faucet is profitable to the owner only it is just like paying those visitors at a time they click on the website.
Just have a great attracting site and reasonable satoshi so people will come  back.

Another thing to remember is that the faucet owners should protect their sites from hacks and wallet robberies. Experienced users can create bots, which can empty out the faucet in a matter of days.

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February 21, 2017, 10:08:49 AM
 #80

I guess it depends on how attractive your faucet is.
Because faucet is profitable to the owner only it is just like paying those visitors at a time they click on the website.
Just have a great attracting site and reasonable satoshi so people will come  back.

Another thing to remember is that the faucet owners should protect their sites from hacks and wallet robberies. Experienced users can create bots, which can empty out the faucet in a matter of days.


I couldn't agree more with you. Faucet ia not bad idea until nowadays, because it will bring many profit for developers. Sure Important point is make your faucets interest and build the trust to everyone that you legitimate to pay. Apart from all that, if we can not make a good security system we can cooperate with someone we already know that it can work for it. And pay him equal they deserve.

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.....................
........What is C?.........
..............
...........ICO            Dec 1st – Dec 30th............
       ............Open            Dec 1st- Dec 30th............
...................ANN thread      Bounty....................

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