madjpm
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Activity: 266
Merit: 12
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August 31, 2018, 08:41:06 AM |
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Faucets are a waste of time, lot of them are just scam, it's almost impossible to withdraw anything...
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nngella
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Activity: 336
Merit: 42
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September 03, 2018, 11:23:30 PM |
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What is the benefit of having a faucet?
As I see it, you are giving away satoshis (am I right or I am missing something here?)
People who make faucet sites implement ads on their sites, because ad networks pay their applicants per impression. So the trick is to give out sats that cost cheaper than the cost-per-impression for the faucet owner to make a profit. Though I've read in some posts that some ad networks don't allow faucet sites now. I see, so I somehow get it now. It is like a faucet is a tool for people to go to the website and earn some bitcoins. In return, the owner of the website will contact other people interested in putting some advertisements in his/her website to earn some cash.
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Spiritless13
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Activity: 12
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September 04, 2018, 12:51:16 AM |
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There are some faucet that is profitable, I was actually downloaded an faucet bapplication on my mobile phone it is quite good but it takes so long to get free coins.
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kopleng
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September 05, 2018, 05:47:43 AM |
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i used faucets, and yes i know they consume your time and effort clicking captcha and everything, but aside from that, i love them, it's my way of keeping me busy when i have no work in the office and btw, it's 10 months now that i used faucets
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rolleth.io
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Activity: 214
Merit: 1
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September 05, 2018, 10:52:30 AM |
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This is actually a question for those who own them.
I was a reading up on how to start a faucet (just out of curiosity) and it said that the majority of faucet sites are not profitable, I saw a fair few and thought that maybe that wasn't true. Why would you spend time and effort and something like that to not make money.
Are any beginners using them and or has anyone just started one?
It is quite difficult to make money on cranes, especially now. You do a lot of actions, but you get very little profit, I think you need to appreciate your efforts a little more.
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█▮▬█▀▀▀ ROLLETH.io ▀▀▀█▬▮█ Ethereum Casino █▮ Referral program ▮ Faucet ▮ Provably fair ▮█
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Gleoth
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September 05, 2018, 11:36:13 AM |
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This is a waste of time. I read full thread and no one give some statistics/information how many he earn. Most will scam you before you withdrawy anything
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pwchan001
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September 05, 2018, 11:47:57 AM |
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Some project team will give the one who created the faucet for them their coins as rewards, so building up a faucet can be profitable. However, one cannot simply make remarkable income by relying on claiming faucet because it only sends out a very small amount of coins each time, plus the one who have just claimed the faucet needs to wait a sufficient long of time before he can claim it again.
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Welcome to feeless future! (https://discord.gg/tdN4ue6)
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Dtony
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September 05, 2018, 12:41:08 PM |
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I have just tried a bunch of DOGE faucets and the only found one that has yielded more than $10. I have made multiple $10+ claims using this faucet.
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Dudeperfect
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September 05, 2018, 04:48:55 PM |
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To be honest, when it comes to the faucets, it is no more profitable because it is not giving any value to the user. While analysing it from the user's point of view, faucets do not give much returns considering the resources invested including time.
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Dtony
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September 05, 2018, 05:07:27 PM |
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To be honest, when it comes to the faucets, it is no more profitable because it is not giving any value to the user. While analysing it from the user's point of view, faucets do not give much returns considering the resources invested including time.
I mainly used faucets when I had time to kill... IE riding in the elevator at work, riding the bus home from work, etc. Time where I would otherwise be doing something random, I claimed from faucets.
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Cashi
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September 05, 2018, 09:54:52 PM |
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To be honest, when it comes to the faucets, it is no more profitable because it is not giving any value to the user. While analysing it from the user's point of view, faucets do not give much returns considering the resources invested including time.
I mainly used faucets when I had time to kill... IE riding in the elevator at work, riding the bus home from work, etc. Time where I would otherwise be doing something random, I claimed from faucets. The withdrawal limit is too high to get an sufficient amount of Satoshis paid out, that's my experience and it's a waste of time compared to Airdrops / Bounties. It's way easier to exchange the Shitcoins of Airdrops / Bounties to Bitcoin so you have more profits by doing so. But nobody knows, if Bitcoin is 100k also Faucets could be a win, altough I think there are much better opportunities to get free Bitcoins.
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Dtony
Newbie
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September 05, 2018, 10:13:15 PM |
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To be honest, when it comes to the faucets, it is no more profitable because it is not giving any value to the user. While analysing it from the user's point of view, faucets do not give much returns considering the resources invested including time.
I mainly used faucets when I had time to kill... IE riding in the elevator at work, riding the bus home from work, etc. Time where I would otherwise be doing something random, I claimed from faucets. The withdrawal limit is too high to get an sufficient amount of Satoshis paid out, that's my experience and it's a waste of time compared to Airdrops / Bounties. It's way easier to exchange the Shitcoins of Airdrops / Bounties to Bitcoin so you have more profits by doing so. But nobody knows, if Bitcoin is 100k also Faucets could be a win, altough I think there are much better opportunities to get free Bitcoins. I have made like four claims from one site with the most recent being $10 worth of doge (4K+). That doge has more than doubled. I forgot about the faucet for like four months so didn’t do anything for those doge
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EverydayBtc
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September 06, 2018, 08:55:15 AM |
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I've read some article before, I think its from 99bitcoins that it is still profitable but it depends on what captcha service or ads you use I think the most profitable was Google adsense but it is no longer accepting sites with faucets.
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Rap0Father
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September 06, 2018, 09:03:08 AM |
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i used faucets, and yes i know they consume your time and effort clicking captcha and everything, but aside from that, i love them, it's my way of keeping me busy when i have no work in the office and btw, it's 10 months now that i used faucets You're very patient to keep doing faucet for 10 months. Faucet is boring and cost time but not much reward, how much have you earned with faucets until now?
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honghe99
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Buy, sell and store real cryptocurrencies
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September 06, 2018, 09:12:10 AM |
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Not all taps are profitable. I think the taps are more like a beginner textbook, because most newbies use it, but the profits are really low!
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Mighty_crypt
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September 06, 2018, 04:43:47 PM |
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Faucets are not profitable ,even the money spent on your data alone you can't recover back through faucets unless you have free data
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Theb
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September 06, 2018, 05:42:25 PM |
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Your profitability in your faucets will depend on a lot of factors and you need to have the right mix in order for you to avoid flushing your own money down, and some faucets who have amassed loyal users actually got lucky as they are still profiting up to now. These are some factors you need to take into consideration in order to know if you will profit or not from your faucet: - Traffic
- Bitcoin Ad Network (A-Ads, Mellow Ads)
- Type of Ads you are showing (CPC, CPM)
- How many banners you have
- Faucet Payout
- Payout Threshold
- Referral Commission
Besides what I have mentioned I know there is still a lot of things you need to put into consideration, but I think this are the most important things you need to focus on. Some faucets don't really last long as they can't keep up to the payments they are giving to their customers as they are overwhelmed with the referral commission they have set and their payouts from the ad network is too low compared to what their members are being awarded. Some actually really start a big capital and sacrifice early losses in order to build up their reputation as one the best faucets still existing.
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jak3
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September 06, 2018, 07:47:24 PM |
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well, I used to serve faucets a long time ago and I can say that they are pretty helpful as I can at least earn my wifi bills if I work on 20-30 faucets daily for a month. but now the cases are not the same I dought that someone can make their wifi bills by doing like 50faucets every day.it's better to choose youtube as a career then wasting your time at faucets. I never understood why they even exist but at least new users can earn some free coins.
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yecats
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September 06, 2018, 09:58:37 PM |
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The one who really just started crypto tries faucet then found out that it's not profitable but not all just be patient, well good thing if you tried it out faucet is time consuming
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Ardavan2150
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September 06, 2018, 11:38:50 PM |
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I have never came across a faucet that is profitable. Back in 2014 maybe, but these days these are just mostly scams. You can even hardly make money in airdrop campaigns, which used to be very profitable. The whole idea of crypto is being used to take advantage of dumb people to make some money from advertising without actually contributing to the space. Anyhow, for me, it's a pass 100% of the times.
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