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Author Topic: Is surfing bitcoin from faucets still profitable?  (Read 472 times)
9jaflick (OP)
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December 16, 2017, 04:26:30 PM
 #1

As I can remember  3year ago while I was hurting for bitcoin from faucets to faucets,  I can make up to 500k sats within a week from faucets!  And am wondering now if it still so?
paolo099
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December 16, 2017, 04:29:45 PM
 #2

short answer: NO
long answer: NOOOOOOO
Faucets now are just a waste of time, you will not get enough dust to withdraw in a year, considering also the transaction fee involved.. forget about it, there is nothing to gain from faucets (besides the guy who's running it).
9jaflick (OP)
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December 16, 2017, 04:35:12 PM
 #3

short answer: NO
long answer: NOOOOOOO
Faucets now are just a waste of time, you will not get enough dust to withdraw in a year, considering also the transaction fee involved.. forget about it, there is nothing to gain from faucets (besides the guy who's running it).
hehehe, funny enough, back then while I was surfing I used to see it as a waste time considering the price of BTC then!
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December 16, 2017, 04:37:58 PM
 #4

short answer: NO
long answer: NOOOOOOO
Faucets now are just a waste of time, you will not get enough dust to withdraw in a year, considering also the transaction fee involved.. forget about it, there is nothing to gain from faucets (besides the guy who's running it).
I agree with him but there are some faucets that pays. But it would be just a little. With faucet you needs a lot of time. Also if you consider the transaction fees you will hurt your profit a lot. Best faucets maybe are those in gambling sites. You can make those a lot if you have great luck. But as always gambling isn't advisable at all. will destroy your life.

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December 16, 2017, 04:38:32 PM
 #5

As I can remember  3year ago while I was hurting for bitcoin from faucets to faucets,  I can make up to 500k sats within a week from faucets!  And am wondering now if it still so?
You'd only make a few small amount of Bitcoins from those faucets. When you get enough to pay out, they take out a chuck of coins and you'd find that it's not worth doing anymore.

 
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December 16, 2017, 04:38:39 PM
 #6

As I can remember  3year ago while I was hurting for bitcoin from faucets to faucets,  I can make up to 500k sats within a week from faucets!  And am wondering now if it still so?

Just for micro earnings, some faucets are inside casinos, like bitsler but you gotta be lucky while gambling.
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December 16, 2017, 04:40:06 PM
 #7

As I can remember  3year ago while I was hurting for bitcoin from faucets to faucets,  I can make up to 500k sats within a week from faucets!  And am wondering now if it still so?
I was similar to you when I first started looking into bitcoin and faucets allowed me to get a little bit to see how it all worked, back then you could make something worthwhile, with the price as much as it currently is I doubt the payouts would be worth it, I haven't looked at any recently but freebitco.in was always one of the legitimate sites.
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December 16, 2017, 04:40:55 PM
 #8

As I can remember  3year ago while I was hurting for bitcoin from faucets to faucets,  I can make up to 500k sats within a week from faucets!  And am wondering now if it still so?
If you look at it from an aspect of current/present bitcoin price, than it is not profitable and it never was. However price is kinda wild with this one so even those tiny bits today can be worth something in the near future. I think this is the main reason anyone is willing to spend their time clicking out those tiny satoshis.
There is of course another side to all this micro earnings from faucets. Your wallet clutters with small transactions and multiple inputs, making your future bitcoin payments quite a bit more expensive. Better to use some disposable/online wallet for such activity, after a while sending in bulk seems like the only reasonable "workaround" of this problem.
I wonder when it will become absolutely unprofitable for faucet owners to run their sites, at what BTC price? There is a limit, take freebitco.in for example, 11st/h Undecided soon -> 10,9,8...1?

9jaflick (OP)
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December 16, 2017, 04:55:26 PM
 #9

As I can remember  3year ago while I was hurting for bitcoin from faucets to faucets,  I can make up to 500k sats within a week from faucets!  And am wondering now if it still so?
I was similar to you when I first started looking into bitcoin and faucets allowed me to get a little bit to see how it all worked, back then you could make something worthwhile, with the price as much as it currently is I doubt the payouts would be worth it, I haven't looked at any recently but freebitco.in was always one of the legitimate sites.
current transaction fees is one of those things that is killing faucets now, back then transaction fee used to  be 20k sats, which was not up to  30cent then! And minimum withdraw from faucets was around 20k sats 👆 upward,
I really missed those days!
My favorite faucet then was bitcoin alien 👽
Their androids game rock alot
MadaraAvenger
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December 16, 2017, 04:57:27 PM
 #10

I wouldn't trust faucet no more. I heard a lot of friends that didin't get paid , so why would I bother with something like this ? We must achieve coins with different approaches.

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December 16, 2017, 05:01:21 PM
 #11

As I can remember  3year ago while I was hurting for bitcoin from faucets to faucets,  I can make up to 500k sats within a week from faucets!  And am wondering now if it still so?

No, you can't make that kind of satoshi so quickly. Most of these faucets have fiat-pegged payouts, meaning that as the price of Bitcoin goes up the payouts go down.

There is one faucet that's paying interest on balances though, freebitco.in I think. PM me.
heppot
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December 16, 2017, 05:05:48 PM
 #12

I think surfing faucet is very tiring. but actually from the faucet I know this bitcoin first.
because it is free so it creates a high interest from every one to learn deep this bitcoin.
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December 16, 2017, 05:06:11 PM
 #13

Faucets is still a waste of time at the long run,pays small satochi,for me bounty still the way to go to earn real coin.
scott btc
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December 16, 2017, 05:06:31 PM
 #14

Well, if you were find it 3 years ago then the balance is still on your faucet account, now it's already make you rich even you find bitcoin just from faucet, like you have use freebitco.in 3 years ago then your balance is still not withdraw yet. But if you do faucet now it's useless because you only get not over than 300 satoshi every hour from 1 faucet web.
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December 16, 2017, 05:06:57 PM
 #15

short answer: NO
long answer: NOOOOOOO
Faucets now are just a waste of time, you will not get enough dust to withdraw in a year, considering also the transaction fee involved.. forget about it, there is nothing to gain from faucets (besides the guy who's running it).
This captures it. It doesn't only happen with Bitcoin. All cryptos with increased value and price now don't give out much reward through faucets anymore. And this makes it all the more stressful claiming from faucets. It's a pure wadte of time and data.

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December 16, 2017, 05:07:17 PM
 #16

In my opinion, it is not that worth it because it requires a lot of time. Not to mention that the profit or the amount of bitcoin or such as satoshi can barely pay the electricity you have consumed in the process.
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December 16, 2017, 05:10:00 PM
 #17

As I can remember  3year ago while I was hurting for bitcoin from faucets to faucets,  I can make up to 500k sats within a week from faucets!  And am wondering now if it still so?

Nope! I remember last year round I used to be at freebitco.in 300 500 satoshi's per roll slowly it went down and down and now what it's just 20 satoshi's who will even invest time in this. I finally quit freebitco.in and left it for good. It's really boring and not even profitable for any one to keep it going in such low earning coming from it these days. I feel only a fool will continue it.
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December 16, 2017, 05:13:30 PM
 #18

I agree with the others. I find faucets sometimes fun to do (it is a form of relaxation for me), but it will only give low rewards.
You can avoid most transaction fees using microwallets such as faucethub.



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December 16, 2017, 05:19:10 PM
 #19

No it is not profitable anymore actually. Most Bitcoin's faucets give very small reward nowadays because the price increased highly since few months ago. You have to work for several weeks to reach 0.001 btc or even less than this little amount.
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December 16, 2017, 05:21:48 PM
 #20

As I can remember  3year ago while I was hurting for bitcoin from faucets to faucets,  I can make up to 500k sats within a week from faucets!  And am wondering now if it still so?

Well in My view faucet is just a wastage of time .here is other free opportunity like you spend
your time to filling Airdrops form, apply on some signature bounties. And yes your thought is correct if we make thousands of satoshi so before so now have enough money at this high rate of bitcoin. but real is who knows the future .if we know the future we all doing only faucets before one year.
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