Is faucet profitable ?

Hello
Is making new bitcoin faucet is profitable ?
Thank you .

Yes,

But with the amount of competitors, it's going to be hard.

This is a question to yourself, I'd say.

For some, even visiting faucets and getting a few satoshi is "profitable".
So you will have to balance the time and money you spend and the predicted outcome (which needs advertising, affiliates and so on).

If you make a faucet with high payouts i will put you in the top of my list and maybe you can earn some money.
Don't make the mistake to make a faucet with a 5 minute timelock and a low payout of <100 satoshi. It's better to design a faucet with one payout an hour with a claim of 500-1000 satoshi.

Quote from: kwaasteniet on January 13, 2015, 10:21:31 AM

Isn't that still a low amount? Satoshiquiz for example is giving out over 2000 satoshi for each question now lol.

Quote from: sushil on January 13, 2015, 09:58:04 AM

Hello
Is making new bitcoin faucet is profitable ?
Thank you .

Using them to get bitcoin is useless but if you make one your self , It is profitable yes. Just make it simple Filling captcha & putting the adress. there is Open source faucets like Microwallet API btw .
also make sure to add Google adsense (hope that you don't get banned) and other ads companies . GL mate

Quote from: sushil on January 13, 2015, 09:58:04 AM

Hello
Is making new bitcoin faucet is profitable ?
Thank you .

If you want to make a faucet its profitable I think than earn from faucet. Set up your web with ads service like a-ads, Google AdSense.
Make a unique faucet too, don't use capcha its mainstream Roll Eyes

Quote from: sushil on January 13, 2015, 09:58:04 AM

Hello
Is making new bitcoin faucet is profitable ?
Thank you .

Yeah, It's profitable but you've come up with referral system not some basic faucet and should offer better payouts. Wink

When you have a big capital, then for a long term sort of business it would be profitable.
First few months you'll be losing big amounts of money, though once you get advertisers
you'll start gaining slowly. So as long as you have the integrity and budget to keep yourself
alive and sustained then eventually you'll get it all back, breakeven and profit.

Regards,
Small

Have you seen bitcoin price? Faucets now are totally worthless. Like less than worthless. This is the beginning of an end.

Quote from: Hazir on January 13, 2015, 02:46:30 PM

Have you seen bitcoin price? Faucets now are totally worthless. Like less than worthless. This is the beginning of an end.

I'd personally blame it on traders
honestly "YAY IT'S TIME TO GET BITCOINS AT A CHEAPER PRICE"

That mindset infects a lot and eventually makes the value a lot less

Quote from: Small on January 13, 2015, 02:30:18 PM

This is so true. You must start with a big amount of Bitcoin to keep your faucet alive until you get a decent advertisers.
I've tried to run a faucet before, but then I stopped it. Because in the first week it already costs me 0.005 - 0.01 BTC every day

Put a lot of ads in your site and its your faucet becomes famous like freebitco you will get decent money maybe a lot but im not pretty sure....

anyways dont put low prizes like 20 satoshis... because people will give up and never go to your faucet again

Depends on how much fund do you have.

How much do you spend for advertiser slots.

how much the bitcoin price going lately.

and many more ....all must be calculated to gain profit

Quote from: sushil on January 13, 2015, 09:58:04 AM

Hello
Is making new bitcoin faucet is profitable ?
Thank you .

It is profitable if you have lots of traffics, but there is too many faucets already in the market. Not easy for you to get a lot of traffics.

Quote from: llanillo on January 13, 2015, 02:57:17 PM

showing lot of ads in the begging isn't good,ppl would not visit the faucet.
yeah i agree with low payout will also make ppl go to other faucets.

Do not think so - too much competition, except you have something new in this faucet Grin

I also wanted to create a faucet where people will get recharge on their numbers except btc.
Do you like my idea?
Would i get some traffic to my faucets.?

Thansk

is still a gain , not so much for the value fiat .
you hold still part of a bitcoin , and bitcoin is limited Wink

If you create faucet with which is slightly more profitable than the other you will the King of faucets. Go for it. Because for now payment from faucets combined with extra low price of BTC is like... not worth doing anything faucets related.