Hello Intro and Question for the veterans

[dhavin]

Hi everyone!

I've been recently fooling around a little with bitcoins - GPU mining in December (the whole month) generated a whopping 25,000 satoshis, then free faucets and ad clicks have elevated my bitcoin value to a huge USD$3 worth of bit coins!

So this might seem funny, but I'm interested in starting up a Microwallet.org faucet. It's simple enough, I've got it running at http://bitcoinfreebees.me/ but without an API or balance yet.

My questions are:

1) How well received are faucets in general?
2) Is Microwallet well received?
3) What sort of ads do people run and where do they get ad customers?
4) is this sort of venture self perpetuating or a dead end?

Thanks!

[guybrushthreepwood]

Hi everyone!

I've been recently fooling around a little with bitcoins - GPU mining in December (the whole month) generated a whopping 25,000 satoshis, then free faucets and ad clicks have elevated my bitcoin value to a huge USD$3 worth of bit coins!

So this might seem funny, but I'm interested in starting up a Microwallet.org faucet. It's simple enough, I've got it running at http://bitcoinfreebees.me/ but without an API or balance yet.

My questions are:

1) How well received are faucets in general?
2) Is Microwallet well received?
3) What sort of ads do people run and where do they get ad customers?
4) is this sort of venture self perpetuating or a dead end?

Thanks!

I'd say they're not really well received or used apart from naive newbs who are desperate to get some free sataoshis. I can't recommend wether it's a viable business because I don't know how much they get in ad revenue, but I've heard from a lot of people they barely make much. If you've got a really popular site; then maybe, but otherwise I think there's better options to make money so I'd say it's a dead end.

[dhavin]

What are the better options for making bitcoins? I find clicking ads are incredibly time consuming for the amount of coins you end up getting.. some sites pay better than others. In 2 weeks or so, I've made about US$6 in bitcoins through a couple of free faucets (my favorite, paid many times over other view ad sites, is http://freebitco.in/?r=187787). What I like about that site is that referals don't get a piece of THEIR action taken, the site just generates more to give the referrer.

I noticed that bitvisitor.com takes some of the referals earnings and gives it to the referrer - makes it really hard to keep referrals because they make so little per click.

Any other ideas? I've done the offer completion thing at https://bitcoinreserve.org/?refuid=877 which pays much better but you are bombarded by spam offers for weeks afterward. Very annoying to "complete" some of the offers too since they are extremely vague about what's needed to complete the offer and often even when you do, you have to go back and argue and present evidence and screen shots to get paid.

...and last question, how long does it take to become "not a newb" here? I've been trying to post this second reply for almost ten minutes and my understanding was I get out of newb state after the first good post? Maybe I'm mistaken?

[guybrushthreepwood]

...and last question, how long does it take to become "not a newb" here? I've been trying to post this second reply for almost ten minutes and my understanding was I get out of newb state after the first good post? Maybe I'm mistaken?

You're a Jnr Member now so you should be able to post elsewhere now. You need to wait 6 minutes before you posts and log-ins and attempted posts count.