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Author Topic: Is faucet profitable ?  (Read 8018 times)
sushil (OP)
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January 13, 2015, 09:58:04 AM
 #1

 Huh
Hello
Is making new bitcoin faucet is profitable ?
Thank you .
sifter
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January 13, 2015, 10:03:28 AM
 #2

Yes,

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

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January 13, 2015, 10:17:31 AM
 #3

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).

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kwaasteniet
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January 13, 2015, 10:21:31 AM
 #4

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.
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January 13, 2015, 10:30:32 AM
 #5

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.

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

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January 13, 2015, 11:34:38 AM
 #6

Huh
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

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January 13, 2015, 01:22:20 PM
 #7

Huh
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
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January 13, 2015, 01:24:07 PM
 #8

Huh
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
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January 13, 2015, 02:30:18 PM
 #9

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


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January 13, 2015, 02:46:30 PM
 #10

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


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January 13, 2015, 02:54:40 PM
 #11

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


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dbshck
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January 13, 2015, 02:55:31 PM
 #12

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

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

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January 13, 2015, 02:57:17 PM
 #13

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

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January 13, 2015, 03:21:16 PM
 #14

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  Smiley

Smiley
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January 13, 2015, 03:42:09 PM
 #15

Huh
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.

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January 13, 2015, 04:14:41 PM
Last edit: January 13, 2015, 04:24:46 PM by fast2fix
 #16

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
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.
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January 13, 2015, 04:27:26 PM
 #17

Do not think so - too much competition, except you have something new in this faucet  Grin
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January 13, 2015, 07:21:20 PM
 #18

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

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January 13, 2015, 08:30:50 PM
 #19

is still a gain , not so much for the value fiat .
you hold still part of a bitcoin , and bitcoin is limited Wink
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January 13, 2015, 09:34:29 PM
 #20

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.


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