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Author Topic: How long will it take me to make 1BTC using Faucets?  (Read 1483 times)
David Horton (OP)
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May 17, 2017, 01:16:58 PM
 #1

How long will it take me to make 1BTC using Faucets? Which high paying instant faucet would you recommend?
pedrog
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May 17, 2017, 01:30:52 PM
 #2

How long will it take me to make 1BTC using Faucets? Which high paying instant faucet would you recommend?


If average reward is 150 satoshis and you make the claim 20 times a day every day, it will take you 100 years with current conditions.

You have to take into account bitcoin valuation and with that decreased reward in terms of satoshis.

150 satoshi * 20 claims/day * 365 days * 100 years = 109500000 satoshi = 1.095 BTC

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May 17, 2017, 01:37:27 PM
 #3

How long will it take me to make 1BTC using Faucets? Which high paying instant faucet would you recommend?


If average reward is 150 satoshis and you make the claim 20 times a day every day, it will take you 100 years with current conditions.

You have to take into account bitcoin valuation and with that decreased reward in terms of satoshis.

150 satoshi * 20 claims/day * 365 days * 100 years = 109500000 satoshi = 1.095 BTC

I've never used faucets by 100 years Grin Grin . Wow, makes you wonder why people bother Smiley I remember being able to earn 0.15 bitcoin's a week using signature campaigns.

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gentlemand
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May 17, 2017, 01:38:43 PM
 #4

The rest of your life. And the fees to move what you've got will be so high by then that you'll have to leave it to the next few generations to pay them off.

Go and mow some lawns for a few weeks instead.
mmo4me.2016
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May 17, 2017, 01:39:59 PM
 #5

For me! I thinks
Faucets only one way to try BTC do not need more money, but Getting 1btc from this program is very difficult!
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May 17, 2017, 01:42:59 PM
 #6

Will take you your whole life... :/
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May 17, 2017, 01:45:46 PM
 #7

I used to click faucets but now it isn't worth it. I click only three faucets a day now but I can earn much more having a signature campaign her eon Bitcointalk, doing twitter and facebook or blog review/video promos for altcoins. Faucets nowadays cannot earn you much unless in ten years what you click out now appreciates hugely in value. If 1k satoshi in ten years is worth ten dollars it might be worth clicking them if you are not worried about spending what you click today. It would take forever to click 1 BTC in faucets.


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Juggy777
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May 17, 2017, 01:50:12 PM
 #8

How long will it take me to make 1BTC using Faucets? Which high paying instant faucet would you recommend?


If average reward is 150 satoshis and you make the claim 20 times a day every day, it will take you 100 years with current conditions.

You have to take into account bitcoin valuation and with that decreased reward in terms of satoshis.

150 satoshi * 20 claims/day * 365 days * 100 years = 109500000 satoshi = 1.095 BTC

I don't blame the Op for asking this question and initially when we start we all are shown that facuets will help us earn Bitcoin, that's how they are marketed as. Well op that formula current you can get up to 120 satoshi's per hour and as and when Bitcoin price goes up boom satoshi's price down. Well but since you asked you can try out freebitco.in claim every hour, get some how 1000-10000 referrals and if they claim maybe In few years time, also they give you reward points to. Or buy your self one btc put it on freebitco.in and earn daily interest go to their site and see your earnings. Wise tip forget earnings Bitcoin via facuets, unless you have a crazy referral back up. Do look out here in games section to earn more satoshi's or services section to earn money Goodluck.
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May 17, 2017, 02:07:09 PM
 #9

How long will it take me to make 1BTC using Faucets? Which high paying instant faucet would you recommend?


If average reward is 150 satoshis and you make the claim 20 times a day every day, it will take you 100 years with current conditions.

You have to take into account bitcoin valuation and with that decreased reward in terms of satoshis.

150 satoshi * 20 claims/day * 365 days * 100 years = 109500000 satoshi = 1.095 BTC

Lmao Grin probably the average claiming rewards is less than 150 satoshi and i think it will be continuously decreasing due to bitcoin's current status so it will take more than 100 years for him to make 1 bitcoin which will be very impossible for him to acquire by using faucets even if he is using diffrent faucets Grin
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May 17, 2017, 02:12:08 PM
 #10

All calculations are based on https://freebitco.in

You will get 109 sats per hour, per claim by your own.
You will get 54.5 sats per hour, per claim by your referrals.

So if only you claim then it will take you 100 years to earn 1 bitcoin.
But if you earn through your referrals support then you may reach your goal easily.

Lets say you have 1000 refs, and they claim 10 times on avg daily.

54.5 x 10 times =  545 sats
545 x 1000 refs = 545,000 sats daily you will get as commission

545000 sats x 30 days = 16,350,000 sats in one month.
16350000 sats x 12 months = 196,200,000 in one year.

And that's your BTC1.962
See we reached your goal with 1000 refs in one year. Sorry almost doubled your goal.

NOW THE MAIN THING..
WILL YOU BE ABLE TO GET 1000 REFS TO REACH YOUR GOAL?


I was unsuccessful when I tried..
So I left faucet earnings 1000 days ago.. and started sig. campaign earning.
iamTom123
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May 17, 2017, 02:24:13 PM
 #11

Faucets are a waste of time use that time to get a skill and earn money and just buy the damn coins. It's more efficient and betters your skill set.

I fully agree. It is just a waste of time not unless you have a massive number of referrals and they are doing their thing everyday. Just like PTCs, the magic word here is referrals. Doing things by yourself can take so many years before you can come up with good amount of Bitcoin. The one really earning money in faucets are the owners because faucets are good advertising sites.
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May 17, 2017, 02:26:09 PM
 #12

Current rewards are around 100+ satoshis only. With time passing by and the bitcoin price increasing, the faucet owners would continue to lower the rewards. So it is not possible to achieve 1BTC in your lifetime.
Faucets are for newbies to teach them the basics of bitcoin. It can't be used as a source of income and is a total time waste.
Involve in other campaigns and earn more in the same time where you would have earned dust.

mrcash02
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May 17, 2017, 03:03:58 PM
 #13

All calculations are based on https://freebitco.in

You will get 109 sats per hour, per claim by your own.
You will get 54.5 sats per hour, per claim by your referrals.

So if only you claim then it will take you 100 years to earn 1 bitcoin.
But if you earn through your referrals support then you may reach your goal easily.

Lets say you have 1000 refs, and they claim 10 times on avg daily.

54.5 x 10 times =  545 sats
545 x 1000 refs = 545,000 sats daily you will get as commission

545000 sats x 30 days = 16,350,000 sats in one month.
16350000 sats x 12 months = 196,200,000 in one year.

And that's your BTC1.962
See we reached your goal with 1000 refs in one year. Sorry almost doubled your goal.

NOW THE MAIN THING..
WILL YOU BE ABLE TO GET 1000 REFS TO REACH YOUR GOAL?


I was unsuccessful when I tried..
So I left faucet earnings 1000 days ago.. and started sig. campaign earning.

Freebitco.in is the best faucet to get referrals. It's a long term faucet and offers good rewards.

Your calculation is right, but I'm sure nobody will be so unlucky to earn only $0.002 per claim (in BTCs), at some point you and your referrals you earn $0.02 or at least $0.20 ($2-$200 is really hard). And you will always earn an extra 50% of your referral earnings.

Who got referrals years ago made a good progress, as now it's harder to do it. But, there is always more people coming to Crypto-Currency world, you need to find where these people are and try to refer them instantly.

 
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May 17, 2017, 03:09:31 PM
 #14

Let's put this in another way.... currently 150 Satoshi's are not worth a lot.... but in say 5 years ... 1 Satoshi might be worth $1 .... would you feel bad

if you did not use the faucets a bit more? I know when Gavin had his faucet.. it paid 1 or 2 bitcoins per hour a few years ago. {correct me, if I am

wrong about this} ...Do you think people who used these faucets back then... and who kept those coins... would advise against using faucets? I know

there are better ways to earn Satoshi's... but it is not a total loss ..if you still use them occasionally.  Wink

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May 17, 2017, 10:21:36 PM
 #15

It depends on how many faucet you will use and how often will you claim. But probably you will need few years to earn 1 bitcoin from faucets. And if bitcoin price will continue to rise, you will need even more time to earn that amount, because faucet owners will lower their rewards.
But there are lot of more effective and faster ways to earn bitcoins. Use faucets to earn few dollars, but not your mentioned amount.
I remember times when it was possible to earn 0.5 bitcoin in few months. But then bitcoin price was $200 only and mostly faucets was funded by revenue from Adsense.

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May 19, 2017, 09:31:33 AM
Last edit: May 19, 2017, 09:41:35 AM by CoinTasker
 #16

How long will it take me to make 1BTC using Faucets?

You are all wrong! He didn't ask how long it will take to make 1 BTC "claiming" from faucets, he said "using" faucets. Granted, it may still take you some time, but I've earned over 2.5 BTC from "using" faucets in just the last year. So instead of being a bunch of negative Nancy's, why don't you get off your lazy butts and do something productive instead of telling others their realistic goals can't be achieved!

And before you all start screaming "Liar, liar, pants on fire!", let me first say I don't owe ya'll any kind proof whatsoever for making this bold statement, but I will at least be kind enough to take the two minutes to screenshot and upload this for your viewing pleasure.



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May 19, 2017, 09:41:04 AM
 #17

Oh, and falling under the category of "using" faucets could also be running your own faucets. And trust me, if you do it right, you can make a hell of a lot more than 1 BTC. Just gotta think outside the box. Step one would be avoiding group think and changing your mindset to stop thinking there is only one way to do something....like, how you "use" faucets for example.

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May 19, 2017, 07:45:37 PM
 #18

Average faucet reward is 30 satoshi every 5 min, 30sat x 12 claims/hour= 360 satoshi, if you claim from max 10 faucets that is 3600 sat/hour, claim 8 hours per day= 0.000288 sat/day.

You will earn 1 BTC in about 10 years  Grin

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May 21, 2017, 01:58:13 AM
 #19

There are hundreds of faucets so you figure 100x150/hr x 24 hours x 365= 1.36 BTC per year.

Not to mention odds of winning free lottery plus referral commissions.

Free money is free money!



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May 21, 2017, 02:40:10 AM
 #20

There are hundreds of faucets so you figure 100x150/hr x 24 hours x 365= 1.36 BTC per year.

Not to mention odds of winning free lottery plus referral commissions.

Free money is free money!

do you spend your whole day searching city streets for pennies
because that would probably make you richer
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