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silamb
Newbie
 Offline
Activity: 36
Merit: 0
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March 27, 2014, 11:43:49 AM |
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Faucet make money by donations and ads. And most of have minimum limit for payout.Most people will not reach payout. So their expense is very less.
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GAML
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March 27, 2014, 03:07:59 PM |
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vnvizow
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March 27, 2014, 03:43:30 PM |
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Faucets is complete waste of your time.
Yes and it's always newbies that fall in for that trap thinking that the tiny bits faucets give you can turn into something really big |
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Salmon1989
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March 28, 2014, 08:44:01 AM |
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Faucets is complete waste of your time.
Yes and it's always newbies that fall in for that trap thinking that the tiny bits faucets give you can turn into something really big They believe the dusts will still worth a lot when btc price go up 1000x  |
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vnvizow
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March 29, 2014, 09:47:33 AM |
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Faucets is complete waste of your time.
Yes and it's always newbies that fall in for that trap thinking that the tiny bits faucets give you can turn into something really big They believe the dusts will still worth a lot when btc price go up 1000x Nope, I used to visit faucets back when the price was ~$90 and saved up 0.0025BTC (from 2 months of faucet visiting) and when the price spiked up to ~$1200 it was only worth ~$3. Moral of the story: faucets are a waste of time |
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Flashman
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March 29, 2014, 12:39:51 PM |
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There use to be some "altruistic" faucets out there, run by guys who just wanted to spread bitcoin. These were generally funded by a mining rig, one GPU maybe in 2012, and I know there was one guy with a BFL single doing it 6 months or so back... but high demand and rising difficulty meant they went from millibits to dust over a couple of months. Then even when they "bottomed" at 100 satoshi or so, they'd be all out within an hour of midnight or whenever they reset.
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TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins. |
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BitCoinDream (OP)
Legendary
Offline
Activity: 2324
Merit: 1204
The revolution will be digital
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March 30, 2014, 09:03:23 PM |
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There use to be some "altruistic" faucets out there, run by guys who just wanted to spread bitcoin. These were generally funded by a mining rig, one GPU maybe in 2012, and I know there was one guy with a BFL single doing it 6 months or so back... but high demand and rising difficulty meant they went from millibits to dust over a couple of months. Then even when they "bottomed" at 100 satoshi or so, they'd be all out within an hour of midnight or whenever they reset.
I did not get your point !!!  Are you saying faucets pay by mining ? |
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xypos
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March 30, 2014, 09:21:59 PM |
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There use to be some "altruistic" faucets out there, run by guys who just wanted to spread bitcoin. These were generally funded by a mining rig, one GPU maybe in 2012, and I know there was one guy with a BFL single doing it 6 months or so back... but high demand and rising difficulty meant they went from millibits to dust over a couple of months. Then even when they "bottomed" at 100 satoshi or so, they'd be all out within an hour of midnight or whenever they reset.
I did not get your point !!! Are you saying faucets pay by mining ? No. They pay by donation (people who believe in bitcoin and want to spread it...), but mainly from the ads that are present on the website. This is why, you will not get a lot of btc, and it is not really worth your time ^^ |
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apsvinet
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March 30, 2014, 11:27:44 PM |
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Faucet owners don't earn a lot, just enough to keep their faucets running with a small profit.. Really not worth it imo.
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DhaniBoy
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March 31, 2014, 08:49:04 AM |
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faucet completely wasting time, especially if no referral program there if it have great referral program, we can try and see how much we got faucet owner get $ from advertising and pay us with BTC |
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apsvinet
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March 31, 2014, 07:32:34 PM |
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faucet completely wasting time, especially if no referral program there if it have great referral program, we can try and see how much we got faucet owner get $ from advertising and pay us with BTC Faucets are good when you're starting out, to test your wallet and such. |
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