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Author Topic: What happened with Dogecoin faucets?  (Read 387 times)
Abiky
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March 09, 2021, 05:28:23 PM
 #41

DOGE's insane price pumps was driven by Elon's manipulation and we all know that there was nothing more than that  Grin The last known full node client version (before 1.14.3) was released an year back and there were no updates for the same nor any github PRs favoring them for 1 year. Dogecoin Core 1.14 had some not really bad improvements to full node but pumping with just some manipulative words is possible only in crypto market.

Check Dogecoin Core 1.14.3 release over here : https://github.com/dogecoin/dogecoin/releases/tag/v1.14.3



I used to get paid 2-3 DOGE per hour in 2018 through freedogeco.in and it was really cool to make some free doges by solving captchas. Currently with insane prices of both bitcoin and a worthless dogecoin, calculating our faucet payments in bitcoins wouldn't be worth it but probably through satoshis might be helpful.

BTW As others say, Freedogeco wasn't closed because of the price rise or lower profits but was due to malicious actors trying to ruin the fun of faucets to other new users by hacking them and stealing more doge! You can read the news over here : Free Cryptocurrency Giveaway Site Shuts Due To Hackers Freedoge was really a great site with no ads but the greediness made to shut the business down  Sad

Back when Dogecoin was out of the spotlight, we had many great faucets giving away free coins like crazy. Freedoge.co.in, and MoonDogeco.in were the best faucets with high DOGE rewards. I remember when I've used to claim free DOGE every once in a while from these faucets. After the Elon Musk craze, prices per coin surged to new ATHs. The coins I've earned from faucets became worth hundreds of dollars (USD) in an instant. It was certainly a profitable journey for me and those who invested early into the good-old "meme" cryptocurrency.

Unfortunately, the days of DOGE faucets are over because of increased demand in the mainstream world. With prices upwards of $0.05 per coin, faucets will be unable to give away free money without maintaining revenue to keep up with operational costs. It seems to me that DOGE faucets won't make a comeback as long as prices are well above $0.01 per coin. Things could change if DOGE goes all the way down the drain.

At least, there are other faucets available for many different altcoins on the market. I've now switched to the "Horizen Faucet" which gives you away free ZEN every day. You get a higher bonus if you verify your social media accounts and refer other people to the service. The income you'll get in terms of Fiat is not much, but it's better something than nothing. Who knows if your faucet earnings become worth a fortune once the coin goes all the way to the moon? Wink

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March 09, 2021, 09:36:50 PM
 #42

I have absolutely no idea what happened to those dogecoin faucets, but I can remember also getting from free coins from faucets back then, maybe since those free coins are worth alot of money now those faucets have been all shut down, nowadays the faucets are offering very little amount of coins for more task, it's useless working in any faucet now cause you won't earn much from them unlike you uses to back then.

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March 09, 2021, 11:10:49 PM
 #43

I remember the day when Dogecoin faucets like FreeDoge.co.in and MoonDogeco.in offered free coins for anyone starting into crypto. Before the Dogecoin craze, I've used to claim free coins every once in a while. But it seems those days are over as the aforementioned faucets have closed up shop. I've been looking for other DOGE faucets, but they're all dead.

Do you know what could've happened? Is the era of faucets over? Your input will be greatly appreciated. Thanks in advance. Smiley
I guess they finally got tired of sharing free coins to crypto noobs, all those old faucets have been shut down, can't remember seeing any legit faucet these days that actually pays, and they are few crypto faucets still left  that actually pays, I think the Era of getting free cryptocurrencies from faucets have come to an end, the only freebies stuff still working is airdrop and 99% of them are scams while the remaining 1% pay very low.

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March 10, 2021, 07:58:12 AM
 #44

I remember the day when Dogecoin faucets like FreeDoge.co.in and MoonDogeco.in offered free coins for anyone starting into crypto. Before the Dogecoin craze, I've used to claim free coins every once in a while. But it seems those days are over as the aforementioned faucets have closed up shop. I've been looking for other DOGE faucets, but they're all dead.

Do you know what could've happened? Is the era of faucets over? Your input will be greatly appreciated. Thanks in advance. Smiley

The faucets era is not over because I see some website still running faucet and giving free coins to people out there. But unfortunately, the reward is very small than before as many coins now increase and it seems not many people now use the faucet to earn the free coins. But the faucet can be a way for new people to receive their free coins, so they can know that getting involved in the crypto and earning the coin does not need to buy it. But using a faucet is not recommended as the reward is too small, and some people think it is not worth doing.

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March 13, 2021, 07:35:59 AM
 #45

At least, there are other faucets available for many different altcoins on the market. I've now switched to the "Horizen Faucet" which gives you away free ZEN every day. You get a higher bonus if you verify your social media accounts and refer other people to the service. The income you'll get in terms of Fiat is not much, but it's better something than nothing. Who knows if your faucet earnings become worth a fortune once the coin goes all the way to the moon? Wink
Strangely I am hearing about ZEN coin for the first time but it seems like they are listed in larger exchanges like Huobi and Binance. Nowadays it's better to invest some minor amounts per week or month in bitcoin or other top cryptocurrencies like ETH, XMR, ADA, DOT and wait for 3 years after halving to make gains rather than wasting our time in faucets. Even merged mining coins like LTC (+DOGE) have been profitable to mine and GPU mining of XMR could be profitable due to the price hikes too. On top of this, we can learn mining cryptocurrencies which many of them aren't aware and could be helpful in the long run too. Today our market has changed, there are far less people from 2017 pump (like me) and even far less people from 2013-2014 pumps (just like you) who have stayed this long in the market as people who are entering are trying to make quick profits and leave the market. Every bull run market is dominated by greedy developers, shitcoin traders and faucet abusers and this is nothing different. But very few realize the importance of cryptocurrency and even use them.

An interesting thing to point out here is : Faucets were introduced by gavin to bring more people into bitcoin and make them stay longer but today, those faucets has changed from being a entry point for newbies to greedy people abusing them. With current crypto trend, I think even testnet btc will become valuable and would be used to scam newbies  Sad
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March 13, 2021, 07:45:43 AM
 #46

Not only you, I sometimes still play the faucet when I'm free,
If my assumption is why so many Dogecoin faucets are closed, the simple reason is that the Dogecoin price go to the moon,
Many faucet developers about Dogecoin are closed because they hold tens of millions of Dogecoins, but some are forced to close because of bankruptcy, because Dogecoin is expensive they are forced to close faucets and may be looking for ideas to open other faucets with different coins.
we all used a faucet but most of us use a faucet when we are bored due to how unprofitable it was but i dont get why dogecoinfaucet were closing because if we look at btc value it also trippled and yet there are still many btc faucet are alive but what they do is they reduced the reward per claim. didnt the doge faucet owners think of that ? its impossible for them to get bankrupt because they can always monetize the faucet site and even before the claims for faucets were already adjusted according the value of cryptos .

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March 13, 2021, 08:10:32 AM
 #47

Dogecoin price is now much higher than it was before. Thats why faucets are not profitable anymore

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March 17, 2021, 03:17:48 PM
 #48

Dogecoin price is now much higher than it was before. Thats why faucets are not profitable anymore
at this point what you say is true, but hopefully the doge will not return to its roots. because it looks like the feared thing could happen, it doesn't seem at all for the doge to move to increase, which continues to fall, even though it's still fairly stable now. But if there is no intervention from the management doge, the things that I fear could happen and we obviously don't want them, because something good has happened, don't let it return to its origin.

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March 17, 2021, 03:40:05 PM
 #49

Strangely I am hearing about ZEN coin for the first time but it seems like they are listed in larger exchanges like Huobi and Binance. Nowadays it's better to invest some minor amounts per week or month in bitcoin or other top cryptocurrencies like ETH, XMR, ADA, DOT and wait for 3 years after halving to make gains rather than wasting our time in faucets. Even merged mining coins like LTC (+DOGE) have been profitable to mine and GPU mining of XMR could be profitable due to the price hikes too. On top of this, we can learn mining cryptocurrencies which many of them aren't aware and could be helpful in the long run too. Today our market has changed, there are far less people from 2017 pump (like me) and even far less people from 2013-2014 pumps (just like you) who have stayed this long in the market as people who are entering are trying to make quick profits and leave the market. Every bull run market is dominated by greedy developers, shitcoin traders and faucet abusers and this is nothing different. But very few realize the importance of cryptocurrency and even use them.

An interesting thing to point out here is : Faucets were introduced by gavin to bring more people into bitcoin and make them stay longer but today, those faucets has changed from being a entry point for newbies to greedy people abusing them. With current crypto trend, I think even testnet btc will become valuable and would be used to scam newbies  Sad

Exactly. Faucets were never meant to make anyone rich. They only serve as an entry point for newbies to get into the world of crypto. As you've said before, it's best to invest in top cryptocurrencies directly for greater returns. After every Bitcoin halving, comes a bull market run. If we follow the market's behavior closely, we could say that 2025 will be the next year when crypto prices will explode. Who knows how much money you'll make as crypto becomes more popular in the mainstream world?

As far as faucets are concerned, I think owners should set some "limits" in order to prevent abuse. I've seen many faucets drained so fast, because of greedy people looking to make a quick buck out of them. A better solution would be to limit faucet claims to once per email address, IP address, or the underlying cryptocurrency's public address. It'll be something similar to what the Bitcoin.com faucet does today. I'm sure that if we had DOGE faucets, adoption for the cryptocurrency would've soared towards new heights. At least, other coins have faucets with the goal of attracting newcomers into the crypto/Blockchain space. Who knows what the future holds for faucets as crypto prices continue to soar on the market? Just my opinion Smiley

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March 17, 2021, 03:54:25 PM
 #50

used to work with the helps of bot to collect returns from the faucet as playing with the hilo games in the past time, that many pupils like to have doge coin with their wallet as they might work on evaluation as the rise and drop of price before they have with decision to work on trading to hold of dogecoin.

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March 18, 2021, 08:05:44 AM
 #51

Many faucets are closed after the price of Dogecoin has risen very high, I know this because I tried to open my old account, and most of them were closed like Faucethub and Moondogecoin,
but in my opinion, many faucets are closed not because the price of doge has increased, but because many people prefer other ways than faucets, such as farming or staking, now only with a low capital of less than $10 can get free coins without completing a captcha like on a faucet.

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March 18, 2021, 08:53:59 AM
 #52

Dogecoin price is now much higher than it was before. Thats why faucets are not profitable anymore
or maybe because there's no ads platform that supports these faucet anymore that's still profitable, I remember back in the day most of faucets uses some 2nd tier advertising platform to get ads to their website but now it seems those ads platform doesn't exist anymore. the faucet business model just not profitable anymore.

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March 18, 2021, 03:58:18 PM
 #53

I suppose that it would be foolish to expect further continuation of the distribution of such a high reward for using faucets, given such a rapid growth in the Dogecoin rate. For a little more than a month, the Digissues faucet was giving 1 Doge every 20 minutes and immediately after Elon Musk's tweet, production dropped 100 times. At least I am beginning to doubt very much that debt will continue on its way up.

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March 19, 2021, 05:47:04 PM
 #54

Many faucets are closed after the price of Dogecoin has risen very high, I know this because I tried to open my old account, and most of them were closed like Faucethub and Moondogecoin,
but in my opinion, many faucets are closed not because the price of doge has increased, but because many people prefer other ways than faucets, such as farming or staking, now only with a low capital of less than $10 can get free coins without completing a captcha like on a faucet.

I've had plenty of DOGE on Moondogecoin, but lost access to the coins because the faucet ceased operations. The good-old days of getting paid large amounts of Dogecoin for doing nothing are over. We can blame the recent price hikes for that matter. While faucets were never meant to make you some decent profit, they were certainly a good entry point for newbies to get into the world of crypto. DOGE was one of the best coins for this purpose, due to being an extremely inexpensive cryptocurrency. As it's said in the real world, "nothing lasts forever".

Nonetheless, I believe that a bear market could bring DOGE faucets back in the game. That's because the price per DOGE will go down the drain. If Dogecoin remains below $0.01 as it did before, faucets will be able to give away free coins while keeping up with site maintenance costs. The world of crypto behaves in many strange and bizarre ways, so anything could happen in the future. We should find other ways to earn Dogecoin to stock them up for the future. Just my opinion Smiley

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nimogsm
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March 19, 2021, 05:51:56 PM
 #55

Dogecoin price is now much higher than it was before. Thats why faucets are not profitable anymore
or maybe because there's no ads platform that supports these faucet anymore that's still profitable, I remember back in the day most of faucets uses some 2nd tier advertising platform to get ads to their website but now it seems those ads platform doesn't exist anymore. the faucet business model just not profitable anymore.
So it is, advertising simply does not pay for itself for the owners of the site itself and a lot of people just closed their projects,since the two parties are simply not interested in earning a penny.

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uneng
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March 19, 2021, 06:38:26 PM
 #56

I suggest you looking at Micro Earnings section for doge faucets and faucets lists. I believe it's not the end of dogecoin faucets, but like any other site of this kind the rewards will follow the dollar cotation. Some will probably say the rewards don't worth anymore, but in fact I remember hearing the same argument years ago and look how much profit could have been made if people claimed more often from faucets on those days... We don't know how far crypto currency will reach yet, but there are serious chances it will rise a lot more. So every satoshi, or dogetoshi in this case, is worthful.


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