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Author Topic: Are the bitcoin faucets no longer worth it?  (Read 653 times)
Vladislav2306
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September 13, 2018, 12:36:49 PM
 #21

Faucets definitely don't worth your time to invest in it! I got 1 ripple for 3 weeks of work in one faucet. You can spend your time much more effectively!

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September 13, 2018, 03:05:58 PM
 #22

I think faucet bitcoin and other popular crypto not worth again but faucet from new coin can get more worth if you hold it

I think all faucet sites now are gone because they will not pay you too much because they are changing and I think you'll try to claim airdrops instead of bitcoin, altcoin, token faucets.

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September 14, 2018, 02:51:18 PM
 #23

Bitcoin faucets ended up being worth the operators' and the users' time years ago, 2013 to be precise when bitcoin's price gained traction and ATH was achieved. The reason for this is that operators don't want to shell out more money and ads that are embedded within the faucet site don't pay too well, so it only ends up being a dire effort for the time and money an operator puts into his/her faucet. On the user side of things, a few satoshis won't make the cut, and we know people wants to make it big even if they are newbs on the field. They end up trying but also end up tired clicking ads and solving captchas in exchange for virtual pennies that they can't even use to spend on even the cheapest of things online.

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September 14, 2018, 03:00:12 PM
 #24

Something being worth it is a subjective thing. IT also depends largely on your future expectations for bitcoin and your alternative opportunities. Let's say for example you have no other earning potential and no way to purchase bitcoin directly but expect bitcoin to 100x in 5 years time, in that scenario it's very worthwhile. If alternatively you could do something else for say $10 an hour and then use that money to buy bitcoin then you're better off doing that.

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September 14, 2018, 03:04:06 PM
 #25

If faucets are worth it, can be a little subjective depends on how much your time is worth, for my concern it is not worth it but it is a great way to learn how transactions gets processed in the blockchain. So at a beginner level it is good for learning I have had many friends started with faucets, claiming enough to get it processed and follow along how the transaction gets processed.
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September 14, 2018, 03:05:19 PM
 #26

Most of the bitcoin faucets are no longer paying well. The one I still somehow trust is coinpot. Most others are just scam. I think emining just recently disappeared too.

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September 14, 2018, 03:05:28 PM
 #27

Faucets were built to beings taste of crypto to new people and open up avenue for people to earn free coins without having to invest any amount, just a little time and energy. But depending on faucets is not really the way to go, the returns are just very little.
Best thing to do is to join in campaigns here and earn bigger.
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September 14, 2018, 03:05:37 PM
 #28

I remember that about three years ago, when I was just learning about the existence of bitcoin, there were a lot of faucets who paid more than 1000 satoshi per hour, which allowed those who had enough free time to spend in faucets, to accumulate a good amount of satoshi each week. In fact, that was the way I could get my first fractions of bitcoin by not knowing more alternatives.

However, in these days already very few serious faucets survive, and the most popular of them hardly grant a few satoshis after much effort.

Do you think it's still worth investing time in faucets? what is your experience with that?
That's very true mate. I got my first few satoshis through faucets only and I believe most of the people would have got their initial BTC through faucets since we didn't had to invest anything but our time into it to gain a few satoshis. Things have really changed now as the number of people in crypto has increased and hence the websites are giving out very few satoshis which are almost worth nothing. If we collect it for a few weeks then may be we could be able to collect a few cents but then it is really not worth spending the time into faucets anymore.

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September 14, 2018, 03:08:24 PM
 #29

That depends on how we use them. We know that bitcoin gives us a lot of benefits, this virtual currency can actually be used to pay for electricity, water bills, costs, tickets, etc. It always has a price. We just need to know how to exploit them so let's continue to try and think that success will come to you
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September 14, 2018, 03:08:54 PM
 #30

Most of them that i did did not give me any funds and the most annoying thing about them is that if you stop for quite sometime all the funds that you have accumulated are lost. It is better if you invest into bitcoin other than wasting time on these faucets.

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September 14, 2018, 03:13:12 PM
 #31

Well did someone ever got paid using those faucets? I have read only scam things about them so I'm avoiding this kind of websites but I don't think they were worth anything anyway.

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September 14, 2018, 03:14:43 PM
 #32

Not really. Despite this industry contributes to over 50% of the traffic on leading cryptocurrency websites, from the perspective of a visitor/user, it is not profitable even when using a faucet rotator ( A faucet rotator saves time by allowing users to quickly visit different faucets without opening a new tab for each websites and earn a commission fee via a chain of rotation links for each faucet visited, with just a click of a button. ) The highest possible earnings that a user can make can simply be no more than an average of USD1.5 a day. I don’t think Bitcoin faucets will really worth your time.
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September 14, 2018, 03:19:38 PM
 #33

All will be corrected when Bitcoin's course changes and goes up the hill. Then everyone who is somehow connected with this market will make a profit.

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September 14, 2018, 03:24:43 PM
Last edit: September 15, 2018, 05:10:56 AM by albantani
 #34

I remember that about three years ago, when I was just learning about the existence of bitcoin, there were a lot of faucets who paid more than 1000 satoshi per hour, which allowed those who had enough free time to spend in faucets, to accumulate a good amount of satoshi each week. In fact, that was the way I could get my first fractions of bitcoin by not knowing more alternatives.

However, in these days already very few serious faucets survive, and the most popular of them hardly grant a few satoshis after much effort.

Do you think it's still worth investing time in faucets? what is your experience with that?

The experience you gave is almost the same as what I did last year, getting Bitcoin from fauchet.
In the past, I was able to collect 3 Btc / month. but at that time the BTC price was still very cheap, it could be said enough to just walk.
I think people have left Fauchet because there is an Airdrop and Bounty instead, Airdrop and Bounty are more efficient than Fauchet and the results are better Airdrop and Bounty.
maybe that's why Fauchet doesn't exist in the crpyto world.

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September 14, 2018, 03:29:24 PM
 #35

I experienced this before joining faucets at any time just to earn btc. But it comes to the point that it is not worthy of our time and effort. Not profitable at all in faucets let's just find other ways to earn btc.

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September 14, 2018, 03:49:26 PM
 #36

The era of gathering satoshis via faucets is gone for good I still remember with nostalgia when I used to work on rotors to earn satoshis It was quite exhausting and at the end of the day all my earnings will be less than $2 despite all the time spent and energy however the experience I garnered helped me to know how to transact bitcoin.
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September 14, 2018, 03:50:00 PM
 #37

If you have other work or do not think Bitcoin prices will increase in the future. Specific bitcoin I'm talking about, where they are paying you the same Satoshi rate as they were back in those days. Do not look at it in the BTC way but they look at it under the USD value.
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September 14, 2018, 04:15:16 PM
 #38

I have always believed that investing time and resources in Bitcoin faucets is a waste of time unless there is a huge active referral network under our profile. It doesn't make any sense, in terms of return on investment, to spend time at the rate at which faucets are distributing the Satoshis.
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September 14, 2018, 11:58:06 PM
 #39

With the high price of bitcoin now it will be difficult to find a faucet that really pays for people who play it. And as for paying if there is only a little, 15 satoshi for 15 minutes and it's very annoying. The minimum high withdrawal limit is one of the reasons our time will be useless when you want to get bitcoin with a faucet. I guess compared to someone playing a faucet it will be more meaningful if they become a bounty hunter, there will be many lessons he can get when becoming a participant of the bounty program with confidence.

It would be nice to get 1000 sathoshi through the faucet, to be honest, at the beginning of last year I knew bitcoin, I was introduced to an alternative faucet, but I was not interested and I chose another alternative method to get a few coins.

And in fact, the alternative method that I chose, was not like the beginning. a little difficult to get a few coins. Maybe because of the many participants and government regulations, this makes it a little difficult. My point is maybe this is also what distinguishes faucet three years ago and now.
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September 15, 2018, 12:17:02 AM
 #40

Bitcoin faucets?  Huh

As the difficulty in mining of bitcoin increases, the unreliability of faucets definitely increases too! Besides, faucets have always been time-wasting, even when reliable, the payouts are usually not corresponding to the efforts invested in terms of time and data

The obvious answer to your enquiry is YES!!!
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