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Author Topic: Is BitCoin faucets really worth the time?  (Read 17470 times)
ranochigo
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June 20, 2014, 10:06:05 AM
 #161

if you will use this tool "coinev.com" every thing will be worthfull
The payout is still the same, it is only a faucet rotator and you still have to solve the captchas yourself, just every single faucets at one site.

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rancidgash
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June 20, 2014, 10:34:36 AM
 #162

Tried a couple of faucets but they only paid out a few hundred satoshi, think I'll try some other ways to earn some bitcoin.
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June 20, 2014, 11:53:29 AM
 #163

some faucet have system like PTC so for this faucet depend how many reff you have if you have many it worth if not i dont think so

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June 20, 2014, 12:06:00 PM
 #164

Let's look at it from another angle.

Say it takes you 10 seconds per site, to click & solve the captcha. And say you do that for 10 sites, every hour. It would be 100 seconds {1 minute 40 seconds} per hour.

Let's say, you managed to do this 8 times a day. {800 seconds = 13 minutes 33 seconds}

Let's say you received a average of 300 satoshi's per site = 24 000 satoshi's per day for 13 minutes of you life. {More or less 14 cents US}

Let's say you did it for a week = 14 cent x 7 = 98 cents US {Let's round it off to $1 per week} 1 hour 31 minutes work per week. {Income = $4 per month for 6 hours work}

Nearly 1 day in a month for $4

Is this worth your time? or what income could you generate for 6 hours of work? Should at least be more than $4 If not, you doing something wrong.

Hope my calculations are correct.  Huh

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June 20, 2014, 12:35:56 PM
 #165

But if you really have nothing to do, you could try and set a goal for collecting a small amount of BTC out of pure boredom. But they are more or less waste of your time, yeah.
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June 20, 2014, 01:46:41 PM
 #166

But if you really have nothing to do, you could try and set a goal for collecting a small amount of BTC out of pure boredom. But they are more or less waste of your time, yeah.

Yeah, like freebitco.in or dailybitcoins.org, collect vouchers and sell them on peerbet.


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Coinbuddy
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June 20, 2014, 02:05:11 PM
 #167

Interesting fact that i use my own faucet rotator to earn bitcoins here it is "coinev.com"
Hesham_3del
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June 20, 2014, 02:31:10 PM
 #168

To be honest, no.

I think that they are just time wasters. Unless, you want to make 1 or 2 dollars.
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June 20, 2014, 03:07:10 PM
 #169

to true mate.
and thats $1 or $2 after spending god knows how many hours of your time visitng the site.

I remember back in 2012 you could do a survey and get 0.5 bitcoins.. those were the days Sad

To be honest, no.

I think that they are just time wasters. Unless, you want to make 1 or 2 dollars.

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June 20, 2014, 03:10:12 PM
 #170

if you will use this tool "coinev.com" every thing will be worthfull
The payout is still the same, it is only a faucet rotator and you still have to solve the captchas yourself, just every single faucets at one site.
I am adding a function in which you don't need to paste bitcoin address in the faucets.It will be automatically pasted to all faucets
Sydboy
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June 20, 2014, 04:42:50 PM
 #171

I used faucets for 2 days and figured out pretty damn quick it was going no where fast.
nothing is free Sad
bitsmichel
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June 20, 2014, 04:48:28 PM
 #172

I used faucets for 2 days and figured out pretty damn quick it was going no where fast.
nothing is free Sad

Very true, you always sell your life whatever you are doing. Faucets are a very very slow way to earn bitcoin, but in several years (if bitcoin market price would have risen a lot), it may be better to have done faucets than not having any bitcoin at all. To illustrate, I've heard faucets used to give out 1 btc in the past. Perhaps in several years (5-10?) 0.0001BTC might actually be worth 400$

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June 20, 2014, 04:53:13 PM
 #173

I used faucets for 2 days and figured out pretty damn quick it was going no where fast.
nothing is free Sad

today this faucet rewarded me with 1000 satoshis '' bit.do/faucet1 ''
waqas
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June 20, 2014, 05:29:29 PM
 #174

if you will use this tool "coinev.com" every thing will be worthfull
The payout is still the same, it is only a faucet rotator and you still have to solve the captchas yourself, just every single faucets at one site.
I am adding a function in which you don't need to paste bitcoin address in the faucets.It will be automatically pasted to all faucets
I think some faucets already have this feature its good work

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June 20, 2014, 05:59:57 PM
 #175

but many of them don't have..that feature
CEG5952
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June 20, 2014, 06:06:37 PM
 #176

For those that do faucets: What is the average payout per faucet. And what do you generate in a day, or in a week? I'd be curious to know. Historically, any BTC you can get your hands on pays off pretty big.

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June 20, 2014, 08:00:26 PM
 #177

For those that do faucets: What is the average payout per faucet. And what do you generate in a day, or in a week? I'd be curious to know. Historically, any BTC you can get your hands on pays off pretty big.

+/- 300 Satoshi per hour on average, and even less it seems. 10 hours per day = 3000 Satoshi per faucet per day. 21 000 Satoshi per week. 84 000 per month.

If you do 10 faucets 10 times a day for a month = 840 000 Satoshi's per month. {At current price = +/- $5 US per month}

Well if the price of BTC doubled, the value of those Satoshi's would also have doubled, but it's still very little.

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mezmerizer9
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June 20, 2014, 09:27:11 PM
 #178

For those that do faucets: What is the average payout per faucet. And what do you generate in a day, or in a week? I'd be curious to know. Historically, any BTC you can get your hands on pays off pretty big.

+/- 300 Satoshi per hour on average, and even less it seems. 10 hours per day = 3000 Satoshi per faucet per day. 21 000 Satoshi per week. 84 000 per month.

If you do 10 faucets 10 times a day for a month = 840 000 Satoshi's per month. {At current price = +/- $5 US per month}

Well if the price of BTC doubled, the value of those Satoshi's would also have doubled, but it's still very little.

Well some faucets are not that bad, like freebitco.in or coinad or dailybitcoins.org, colecting vouchers and using them to advertise or seeling them at peerbet.


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CEG5952
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June 20, 2014, 09:33:08 PM
 #179

For those that do faucets: What is the average payout per faucet. And what do you generate in a day, or in a week? I'd be curious to know. Historically, any BTC you can get your hands on pays off pretty big.

+/- 300 Satoshi per hour on average, and even less it seems. 10 hours per day = 3000 Satoshi per faucet per day. 21 000 Satoshi per week. 84 000 per month.

If you do 10 faucets 10 times a day for a month = 840 000 Satoshi's per month. {At current price = +/- $5 US per month}

Well if the price of BTC doubled, the value of those Satoshi's would also have doubled, but it's still very little.

Yes, then this is considerably worse than they were even a year ago. I had no idea the $ value of faucet payouts had fallen that much. I suppose they are all probably run now on ad revenue.

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June 21, 2014, 12:02:57 AM
 #180

Hello,
I'm new to BitCoins and I wanted to know if faucet pages are really worth the time?
Worth it? Prolly not.
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