Are the bitcoin faucets no longer worth it?

tuvok007

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Quote from: Bitfort on September 17, 2018, 06:41:25 PM

The thing is faucets were not designed to make some reasonable income for users. The orginal purpose Gavin had in mind (he's the one who made the first faucet) was IMO to spread the word and coins among users who are not mining. Some sort of advertising BTC.

Later it became very attractive for webmasters to get huge traffic. Simply buying an audience ... I've been there as well but few hacks and fact the major advertising companies cease accepting such traffic forced me to quit.

For me using faucets was a great start (I've been riding them a lot) but they never worth it at the time of using.
The positive comes when coin price skyrockets and you kept your free claimed coins ... and this logic still applies today.

So if you believe BTC (or some other coin) will increase in value then you can say it's worth it.

Thats true and it looks so funny now, that faucet was giving 5 bitcoins per claim lol in 2011! This is how Gavin told folks about his experiment:
Gavin: "For my first Bitcoin coding project, I decided to do something that sounds really dumb: I created a web site that gives away Bitcoins. Five ฿ per customer, first come first served, I've stocked it with ฿1,100 to start."

Locotoni

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Quote from: Gabb on September 12, 2018, 09:46:06 PM

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?

when i was newbie in cryptocurrency, around of me, here isnot people with information, i teach with my allday tests. and when i got my first erc20 tokens, i send transaction fee (0.01 ETH :d) from faucetHUB.

its not good things for make money, but Faucets is good for learning. first free money + transactions. thets not bad.

Bitfort

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invest trade and gamble wisely

The thing is faucets were not designed to make some reasonable income for users. The orginal purpose Gavin had in mind (he's the one who made the first faucet) was IMO to spread the word and coins among users who are not mining. Some sort of advertising BTC.

Later it became very attractive for webmasters to get huge traffic. Simply buying an audience ... I've been there as well but few hacks and fact the major advertising companies cease accepting such traffic forced me to quit.

For me using faucets was a great start (I've been riding them a lot) but they never worth it at the time of using.
The positive comes when coin price skyrockets and you kept your free claimed coins ... and this logic still applies today.

So if you believe BTC (or some other coin) will increase in value then you can say it's worth it.

chulos

jr. member

Activity: 268

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Personally, i think sometimes it made sense to use different faucets, today it is quite a fortune to find a quality faucet. You will find a good faucet /for example on twitters or in a new coin thread/ that gives a decent reward, but after a few days it is no longer complemented by the dev team. What i remember, so were good faucets on Doge coins or Waves. Now i do not use the faucets because there is little spare time.

Aleksandr_763

newbie

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I have heard a lot about bitcoin cryptocurrency. In early 2016, I still decided to try this kind of earnings. Before starting work, I was faced with the question: where and how to withdraw this currency? It turns out that in the Web Money system there is a special WMX wallet, to which the earned bitcoins are withdrawn. I started with the fact that I created a bitcoin wallet, tied it to a WMX wallet and began to look for ways to earn. Having shoveled a lot of information, I decided to start with bitcoin faucets, there are many of them on the internet. They promise free satoshi: from 1 to several hundred thousand. Usually, to get your satoshi, you only need to enter your wallet and captcha. It would seem that nothing is easier if not for the fact that for a month of endless captcha input I earned only 2 dollars 43 cents. It's too little! And if we consider that 1 bitcoin is 100 million Satoshi, then it becomes clear at once-to earn in this way it will take several years of continuous search for faucets and entering captcha. I collected my satoshi on FaucetBox.com, there are collected almost all the faucets and they are all operating. However, from this type of earnings I long ago refused. And you do not advise.

Nasonn

jr. member

Activity: 616

Merit: 1

I don't think they were ever worth it. I remember some years ago when I had to solve captcha codes everyday to earn bitcoin faucets but the problem is being able to accumulate the minimum withdrawal amount so that you will be able to withdraw them. I never reached the withdrawal amount so I quit halfway and decided to do meaningful things with my life.

jerrison

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although everyone knows that few or little drops of water makes mighty ocean, it is still valid and acceptable a parable in any part of the world and in any field but in this field, it currently does not have value, the faucets i mean. but in time to come it may be worth it.

jak3

legendary

Activity: 1274

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Yes, I also started my Bitcoin journey with faucets, they used to pay 1000 Satoshi per hour or maybe half. But they are a very good option to start learning Bitcoin you can learn better when you're actually spending the money. Nowadays things have changed the Bitcoin price is so high and put it on the way around 10 or 15 satoshi but people need at least one Million satoshis every week or month to survive on the internet. So Bitcoin faucets have become no longer useful but still, I can see that people use them which inspires me till now.

pixie85

hero member

Activity: 2184

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Quote from: olyolali on September 16, 2018, 01:50:40 PM

Quote from: Gabb on September 12, 2018, 09:46:06 PM

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?

for me the faucet is now not as it used to be. many faucets don't pay and just waste our time.
if I can choose I prefer to mine or invest in bitcoin rather than just waste time in the faucet without results.

Faucets are bad because your expectations are low. 5 years from now if you farmed a faucet you could maybe make 1 dollar if you clicked a few times. Now it's still 1 dollar. What changed is the number of satoshis per click. People who used faucets in 2010 didn't know that 3 years later Bitcoin will be worth 100 times more.

olyolali

newbie

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Quote from: Gabb on September 12, 2018, 09:46:06 PM

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?

for me the faucet is now not as it used to be. many faucets don't pay and just waste our time.
if I can choose I prefer to mine or invest in bitcoin rather than just waste time in the faucet without results.

mostcrack

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Activity: 548

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maybe I disagree with the word worthless. because from there we can produce bits of bitcoin which really have been proven to pay. it's just that, at this time the bitcoin faucet is less commensurate with the time we give. the article, we can spend a few hours with very little bitcoin income. after all, now there are so many other alternatives that we can produce bitcoin.

Dtony

newbie

Activity: 38

Merit: 0

Quote from: NoSkyLimit on September 14, 2018, 10:13:12 AM

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.

I’ve been paid recently $10 in doge for doing nothing for a few months. Working on another claim right now

KrishaBitcoin

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W12 – Blockchain protocol

From the very start faucet is not reliable souce to earn Bitcoin because it is time consuming task better to join bounty campaigns or if you already in bounty then compare the earnings and the time spent then you will see the difference of time wasted if you are in faucet task.

adrianto1995

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At this current situation, Bitcoin Faucet just wasting our time. Because the amount that we have got is too low and it takes too much time to get the result...
If you are looking for free money better join the airdrops than the Faucet, airdrop still worth it for me...

JMD07

member

Activity: 378

Merit: 10

It's just a waste of time as those sites will not give your reward and it needs to reach on a certain amount before you can withdraw your reward. If you can join in a bounty program then why you need to use your time in faucets? I think only those newbies that did not know about bounty program will do faucets.

lienfaye

hero member

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Well before I also started earning through faucets and I thought its the reliable way to earn because its free, however if you think about it the time you spent solving captchas/claiming satoshis is not worth your time since the amount you'll get is low.

I think if you want to improve yourself dont just be content in btc faucets but try to learn other things that can help you to earn more like in trading.

bigblackdeck45

jr. member

Activity: 266

Merit: 1

Yes bitcoin faucets are never worth it in the first place. Faucets only gives you a little amount and is not worth the time at all. For me I believe there is no such thing as free in this world. You have to work in order to earn or get something. Free bitcoin is too good to be true and for me it will always have a catch.

ralle14

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Shuffle.com

Quote from: RaffiAndra on September 15, 2018, 06:30:10 PM

in my opinion, faucets are now not so profitable anymore, considering that there are now many airdrops that emerge, because in my opinion it's better to look for airdrops than play faucets

They weren't even worth it to begin because the rewards are adjusted to the price of Bitcoin.

Quote from: bitcoin31 on September 15, 2018, 06:58:23 PM

First of all for me , faucet is worth it to invest your time because you will get only some satoshi on faucet and you spend so much time and wait. But other people spend their time for faucet only.

How is it worth it? You're spending too much time just to get a few cents it might take you several weeks before you can reach the minimum threshold. You could get lucky from faucets like freebitco.in claiming $100 worth of btc but that's just a one time opportunity. The trade that you get from faucets isn't cost effective you can save more money and time by not using your pc to claim faucets.

cryptoalfs76

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▰▰▰ MODULE ▰▰

Quote from: Gabb on September 12, 2018, 09:46:06 PM

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?

will for now on faucet in cryptocurrency are not so profitable,since from the start i've learned doing faucet things in crypto i've earned only a small penny amount of crypto coins,and its cannot been convertible into fiat for our own needs,and its waste a lots of time to doing a faucet in crypto,otherwise its good also for a newbie who want to earn a small things and hold the tokens in your wallet and save it until grow its grow and you can used it into different transaction.

bitcoin31

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Activity: 1834

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First of all for me , faucet is worth it to invest your time because you will get only some satoshi on faucet and you spend so much time and wait. But other people spend their time for faucet only and they get only some satoshi only. Only few people can earn more than 100k satoshi if they have a lot of referrals.

Freegan

member

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In fact, from what I've noticed in different Facebook groups that talk about the issue of crypto investments, the only ones that seem to be getting some significant gains in faucets like freebitco.in, are those who had enough skill to gather a lot of referrals over time. I know some of them that only based on their referrals have been able to accumulate a couple of bitcoins with the passage of time, which sounds quite profitable!

Gabb

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Quote from: oliviaaabelardo on September 13, 2018, 12:20:26 AM

I think all of us here in crypto will always find a way to earn bitcoin, but for the first timers like me, we will commonly search on google "how to earn bitcoin easily" or something similar. And the result most of the time is the bitcoin faucets. But for sure soon enough we will realize, faucets are not meant to earn a lot of bitcoin, i just realized it after I tried several faucets.

In fact, the important thing about the faucets is that they were an easy and accessible way to make bitcoin known and accessible to many newcomers who otherwise would not have found other ways to access bitcoin, given how difficult it was three years ago to get into this world. Now there are so many options to earn cryptocurrencies and facilities to buy and sell them, that is why at this moment we find the existence of faucets and their payments really ridiculous.

RaffiAndra

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"EndChain - Complete Logistical Solution"

in my opinion, faucets are now not so profitable anymore, considering that there are now many airdrops that emerge, because in my opinion it's better to look for airdrops than play faucets

daffa68

newbie

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No, they are not sir and we must be patient if we do bitcoin faucet because the result is little

Okrah

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Quote from: Gabb on September 12, 2018, 09:46:06 PM

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?

Maybe it must continued today. Or maybe it must be restructured or remodeled so that it will be much more interesting. Or shall we say there will be a lot more interested participants.

gandame

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Quote from: Gabb on September 12, 2018, 09:46:06 PM

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?

As for now i think its not worth it because its hard to earn and they give only small amount of satoshi and they have limit before you gonna withdraw it. But i am so happy because i am part of that i also earn fractions of bitcoin from faucet when i get enter on bitcoin world.

aeternus

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Quote from: Gabb on September 12, 2018, 09:46:06 PM

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?

Faucets have not been worth the effort for a very long time, so you need to find something else to do because it is clear to me that those websites are not going to be around for long, try to learn instead how to trade, you can make a lot more money with a single trade than what you could earn by claiming from different faucets with months of hard work.

Myown55

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Few years ago, Bitcoin had little effect on the world's financial system and hence people were dashed huge fractions of it for doing something little like just filling airdrops.The situation is different now since the currency is gotten a huge percentage in the worlds financial. You should not expect any more bitcoin faucets.

Dtony

newbie

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Quote from: tambok on September 15, 2018, 02:14:45 PM

Quote from: Dtony on September 15, 2018, 01:45:36 PM

Quote from: Naughty Princess on September 15, 2018, 12:29:01 AM

Quote from: Dtony on September 14, 2018, 07:19:21 PM

My latest faucet claim was worth $10 a few weeks ago but is now worth $30 due to the doge bull run.

I’ve made several claims for the site and the latest one was after being inactive for a few months.

I never been involved on any faucets because it does not seem to he profitable. I rather used my time and effort on working where I know that I could earn good for the perfect time. Also some of it is not as legit like where you are in. So I step aside on faucets and choose airdrops before where it is more profitable and free which I can say that worth it to give attention.

I used to claim for a ton of different faucets but just that one. Parachute takes up way to much of my time and has been worth my time. I have several hundred dollars worth of crypto from their airdrops.

For me too, faucets are not worth it too that is why I did not focus much on it, instead focusing my self in some other way where I can learn a lot just like doing a research with everything about bitcoin and I am fulfilled because I am learning as well as earning from it, so for me no need to waste time there, we should at least invest our time wisely.

I do still claim from one just because it kept my loyalty rewards despite me not claiming for months and my referrals are still pretty active haha.

But Parachute has done wonders for my crypto portfolio. ETH/BTC tipbot for Telegeamnin thenworks plus an exchange in the future! $$$ haha

tambok

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Quote from: Dtony on September 15, 2018, 01:45:36 PM

Quote from: Naughty Princess on September 15, 2018, 12:29:01 AM

Quote from: Dtony on September 14, 2018, 07:19:21 PM

My latest faucet claim was worth $10 a few weeks ago but is now worth $30 due to the doge bull run.

I’ve made several claims for the site and the latest one was after being inactive for a few months.

I never been involved on any faucets because it does not seem to he profitable. I rather used my time and effort on working where I know that I could earn good for the perfect time. Also some of it is not as legit like where you are in. So I step aside on faucets and choose airdrops before where it is more profitable and free which I can say that worth it to give attention.

I used to claim for a ton of different faucets but just that one. Parachute takes up way to much of my time and has been worth my time. I have several hundred dollars worth of crypto from their airdrops.

For me too, faucets are not worth it too that is why I did not focus much on it, instead focusing my self in some other way where I can learn a lot just like doing a research with everything about bitcoin and I am fulfilled because I am learning as well as earning from it, so for me no need to waste time there, we should at least invest our time wisely.

tuvok007

legendary

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Someone need to invent some new model for faucets game. They were so popular couple of years ago and many newcomers came from those sites. Most popular faucet today is freebitco.in i guess but they are actually a dice site more than a faucet.

Dtony

newbie

Activity: 38

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Quote from: Naughty Princess on September 15, 2018, 12:29:01 AM

Quote from: Dtony on September 14, 2018, 07:19:21 PM

My latest faucet claim was worth $10 a few weeks ago but is now worth $30 due to the doge bull run.

I’ve made several claims for the site and the latest one was after being inactive for a few months.

I never been involved on any faucets because it does not seem to he profitable. I rather used my time and effort on working where I know that I could earn good for the perfect time. Also some of it is not as legit like where you are in. So I step aside on faucets and choose airdrops before where it is more profitable and free which I can say that worth it to give attention.

I used to claim for a ton of different faucets but just that one. Parachute takes up way to much of my time and has been worth my time. I have several hundred dollars worth of crypto from their airdrops.

wall101

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I have already heard that faucet sites not already paying long time ago.So i think many people wasting there time for this, Not only bitcoin have a faucet they have too altcoins and tokens faucet but its no realy worth it.

glorybtc

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I also did it when i first know about bitcoin, at this time bitcoin faucet is more scam, just spends our time, sometimes bitcoin we get from the faucet can't be withdrawn

Naughty Princess

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Quote from: Dtony on September 14, 2018, 07:19:21 PM

My latest faucet claim was worth $10 a few weeks ago but is now worth $30 due to the doge bull run.

I’ve made several claims for the site and the latest one was after being inactive for a few months.

I never been involved on any faucets because it does not seem to he profitable. I rather used my time and effort on working where I know that I could earn good for the perfect time. Also some of it is not as legit like where you are in. So I step aside on faucets and choose airdrops before where it is more profitable and free which I can say that worth it to give attention.

cherryganda

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For me they are not worth anymore.
Some or most of them are just scams and dont really pay people.
Some of them will get you so much time and long konths to earn a few satoshis to get your small payment.
I rather do airdrops than doing faucets.

sakahayang

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Activity: 414

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Faucet is indeed one of the activities of my friend and me in searching for Bitcoin fractions, about three years ago I often gathered to do activities in the faucet and the results were pretty good, enough for everyday snacks.
But with time, Faucet feels more difficult to do. Besides being seldom in demand, the faucet seems to drain a lot of time, in contrast to the new ones, namely airdrop, bounty and giveaway. Because of that I think people out and not invest in the faucet.

bitcoinvestor

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Quote from: mk4 on September 12, 2018, 09:51:35 PM

Nope. I don't think faucets weren't made to be monetized with in the first place. It was more of so that the people could test out and transact with bitcoin without putting in money.

Honestly if you're going to find something to make money on, look for something that also can actually improve your skills. You literally don't learn anything from collecting faucets alone as all you're going to do is solving captchas.

Yes, I agree, he doesn't learn anything from solving captchas. If he has no skill in developing skill in bitcoin or cyrptocurrency, I think he can join some bounty programs from legit ICos. Social media bounty is the easiest, the second is via writing article or blog. By writing he will a lot of concept in cryptocurrency because he should read white paper, the payment may not in bitcoin but he can sell it to bitcoin then.

wairawein

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About 2 or 3 years ago, Bitcoin faucets are very valuable and that is a new form that people can earn Bitcoin, some people have joined since the beginning and have some profit.

Janation

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Quote from: insiv on September 14, 2018, 07:38:10 PM

I see now there are very few faucets that give a lot of coins, and there are also many fraudulent faucet sites.

That is a faucet we are talking about, it don't really give that much satoshis as mining and advertising would give you. Some even said that it is a waste of time, it might be right but it still depends on that individual.

I think faucet is not that worth it nowadays, it is not a waste of time since you are earning something but not that much. I guess instead of using your tine on faucets, better focus it on other things that will give you more profit or money.

proxydomain711

newbie

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I think they're no longer worth it. Too small earning with too much time invested, and you don't gain anything at all, not even lessons about bitcoin. Well, maybe you can understand few things about bitcoin and its value in the market. A good place to start on but definitely not when you plan to go long run on cryptocurrency world.

nydiacaskey01

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I guess everyone here started with faucets and I myself admits I played with it, installed in one of my smart phones and earned a few Satoshis in a day. But after a while and learning that there are more ways earning Bitcoins than clicking adds and killing aliens in a game, I stopped and focused on something that help me earn more with less time needed.

batang_bitcoin

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No longer worth it if you had a lot of time to claim with those. But for the owner if theres traffic on his faucet it can be another source for him but as time goes by, fewer people are fauceting. I remember again on how I started and people from the forum before said the same thing today. Nothing has changed, the same thoughts and opinions given to faucets thay they really are no longer profitable.

CoinsGazer

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Advertisers are mostly interested in the traffic to their sites, so in addition to cost, the added approach is absolutely worthless. Receiving traffic through a bitcoin faucet is the cheapest variant. However, experienced advertisers, whose services are far from expensive, closely monitor unfair fraud, so cooperation will not last for bitcoin faucets.

kucritt

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as the faucet developer i think it no longer worth it, because the visitor decreasing, and the bitcoin price is high, but for the fauceters that find the faucet website it will very worth it, because we can get the bitcoin with big amount and just wait and fill the capthcha

insiv

newbie

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I see now there are very few faucets that give a lot of coins, and there are also many fraudulent faucet sites.

gesdan

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faucet is very popular in the 2014 and 2015 because we can see that faucet is make a profit for the web owner and the visitor, the owner get the ads fee and the visitor get the saotshi, maybe right now the web owner dont get the profit so they stop their faucet

Dtony

newbie

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My latest faucet claim was worth $10 a few weeks ago but is now worth $30 due to the doge bull run.

I’ve made several claims for the site and the latest one was after being inactive for a few months.

Eadefemi

member

Activity: 276

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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!!!

tanoe

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Quote from: ballerin and giroud on September 13, 2018, 03:31:40 AM

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.

Dudeperfect

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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.

takihaha

newbie

Activity: 43

Merit: 0

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.

Olalomi

member

Activity: 490

Merit: 12

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.

wildflower18

sr. member

Activity: 714

Merit: 250

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.

albantani

jr. member

Activity: 134

Merit: 1

Quote from: Gabb on September 12, 2018, 09:46:06 PM

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.

Kusnechik

member

Activity: 420

Merit: 11

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.

Camilla Gill

newbie

Activity: 22

Merit: 0

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.

NoSkyLimit

member

Activity: 171

Merit: 50

Crypto will save my kids!

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.

Xalata

member

Activity: 266

Merit: 10

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.

khangviet

newbie

Activity: 17

Merit: 0

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

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

Quote from: Gabb on September 12, 2018, 09:46:06 PM

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.

Willitivity

sr. member

Activity: 1190

Merit: 256

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.

Gabali126

jr. member

Activity: 322

Merit: 2

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.

Heidi Farrell

newbie

Activity: 23

Merit: 0

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.

randythered

full member

Activity: 434

Merit: 103

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.

dothebeats

legendary

Activity: 3542

Merit: 1352

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.

anume123

full member

Activity: 700

Merit: 100

Proof-of-Stake Blockchain Network

Quote from: trinaldao on September 13, 2018, 03:24:11 AM

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.

Vladislav2306

jr. member

Activity: 294

Merit: 1

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!

ballerin and giroud

member

Activity: 868

Merit: 16

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.

trinaldao

copper member

Activity: 1218

Merit: 1007

Post your ann & bounty just contact me

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

ocid

sr. member

Activity: 588

Merit: 256

almost all beginners who are new to cryptocurrency must feel the struggle to get some free shatosi, bitcoin tap must be the main target visited by beginners in this field. That is because they still do not fully understand the ways that can generate some shatosi without issuing capital, therefore the bitcoin tap is certainly still suitable for beginners to be able to collect some of the smallest bitcoin units first, namely (shatosi).

3kpk3

full member

Activity: 1106

Merit: 150

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Steamtyme on September 12, 2018, 09:52:13 PM

No I don't think they are worth it, they're referred to as micro-earnings for a reason. I guess if you honestly have nothing else to do it's something but doesn't seem worth the effort.

I wasn't around when faucets were big. IIRC they were meant to be a way to help push adoption and bring people to bitcoin in a risk free way. It was a beginners tool, you earned free BTC and could then practice sending transactions, creating wallets. Any that still exist now I would expect to be sending out very small amounts for the same purpose as the originals, remember it's essentially a charity for knowledge.

The few I have seen now though I think are usually geared as a promotion for a website, or casino. So they come with their own agendas.

I agree. They are absolutely not worth it. Are you planning on earning a few cents per hour op? This is how much most faucets pay out these days. There are a few faucets that pay big amounts through lotteries, but everyone knows how lotteries work.

I suggest going outside and looking for a real job rather than depending on faucets due to the low pay per hour op.

Your statement that faucets were designed to help conduct crypto transactions makes complete sense and I had honestly done the same during my initial days in the crypto world.

Core.i7

member

Activity: 71

Merit: 14

Maybe yes because the price is to much high and these faucets are use less since they're paying with low bitcoins. No one want to waste there time for 100 200 satoshi per hour

vv181

legendary

Activity: 1932

Merit: 1273

Even since the creation of faucets, it isn't worth it. There is already a lot of pretty good explanation about why faucets aren't good in the Beginner & help section pinned post. take a look at here: https://bitcointalksearch.org/topic/general-how-to-earn-bitcoins-1629118

oliviaaabelardo

newbie

Activity: 5

Merit: 1

I think all of us here in crypto will always find a way to earn bitcoin, but for the first timers like me, we will commonly search on google "how to earn bitcoin easily" or something similar. And the result most of the time is the bitcoin faucets. But for sure soon enough we will realize, faucets are not meant to earn a lot of bitcoin, i just realized it after I tried several faucets.

davis196

hero member

Activity: 3206

Merit: 940

Bitcoin faucets are no longer worth it,if you are a faucet owner.The competition between all the onlne faucets killed that business idea(if this really is a business idea).The golden time for the bitcoin faucets is over.
However bitcoin faucets were always totally pointless to use,if you were a faucet user,wasting your time clicking and solving captchas every 5 minutes.Faucets are like PTC sites,like Neobux,they are a waste of time and a dead model to make money.

Futureglory

jr. member

Activity: 96

Merit: 2

🚀🚀 ATHERO.IO 🚀🚀

Am not sure the f faucets are really much worth and as a basis of knowing much abut bitcoin will be better but using it as a money making avenue for fractions of bitcoin would be quite complicated. There quite better ways of gaining bitcoins aside these faucets which might gain you nothing.

qiman

hero member

Activity: 1036

Merit: 504

My Wife used to do faucets back in the day, but now you get peanuts and it is just not worth our time anymore. She used to click them for hours each day, nowadays you only get like 20 or 30 sats and that is not enough even to pay the internet and electricity cost in the time frame you are clicking. You are better off finding other tasks to get paid in Bitcoin instead if you can find any that will pay you. Nowadays it seems harder and harder to find good jobs.

Elqui

jr. member

Activity: 243

Merit: 2

For me faucets are not worth it, its not worth your time because you can earn so little with spending so much time for it like collecting always.

lotsky123

newbie

Activity: 112

Merit: 0

Yes, you are right that the claims as of today are much lesser compared with previous years when bitcoin has just started. Actually, I register in 99bitcoins faucets and able to claim at least 10 Satoshi per 5 minutes and with a 10K threshold amount before it will be added to your BTC wallet. Though it is only a fraction of bitcoin, for me it is still worth it because I'll use it for buying loads.

pooya87

legendary

Activity: 3472

Merit: 10611

faucets have never been "worth" it even when they were paying higher amounts such as 1000 satoshi, i would even say that faucets weren't even worth it back in the time when there was one and it was giving away 5BTC per claim!
it is never about the amount, it is about the time you waste on claiming them and also the risks you are putting yourself in. for instance a while ago there was a vulnerability in Electrum RPC calls, a faucet forces you to disable your ad block so they can run any script they wanted on your computer. if you had your Electrum open (without password encryption) and was claiming a malicious faucet it could technically steal your coins.
as for waste of time. the time you were wasting a couple of years ago claiming 1000 satoshis could have been spent earning 1000000 satoshi!

rose9696

member

Activity: 770

Merit: 10

https://streamies.io/

Quote from: Gabb on September 12, 2018, 09:46:06 PM

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 right, I thought it was not working. We will not have many effective strategies at this time. But if you are a believer in Crypto, you should invest in Bitcoin and determine to hold them for 3 years. That would be a most wise decision.

frowsiter

sr. member

Activity: 714

Merit: 261

If you know that much about it then surely you can feel the difference between that period and the current period of the faucets earning. Literally faucets are getting way down in the payout and its not because they dont want to pay you but its because the prices of the crypto currencies have gone wild. Specifically bitcoin I am talking about, where they are paying you the same rate of Satoshi as they did back in those days. Dont look at it in BTC way but they look at it in USD value. If they start giving you 1000 Satoshi then they would end up giving you huge money for very less value of their income. They need to look after their profits too.

Moiyah

member

Activity: 630

Merit: 20

After I knew about trading and bounties, I've already ignored some apps and website faucets. I do not have enough patience waiting and waiting to reach the minimum withdrawal amount. Somehow, some still using fauvets hoping to have free bitcoin. There is some luck for others.

libert19

hero member

Activity: 2520

Merit: 952

Certainly they aren't worth it. You would earn better by doing bounties here or working on Steemit rather than doing that mindless work.

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

Yes, if you can't/don't want do any jobs and you believe Bitcoin price will rise a lot in future.
No, if you have other job or don't think Bitcoin price will rise in future.

Faucet is only useful for beginner to know more about Bitcoin works especially about address, transaction and wallet, but don't want/can't buy Bitcoin.

Steamtyme

legendary

Activity: 1568

Merit: 2037

No I don't think they are worth it, they're referred to as micro-earnings for a reason. I guess if you honestly have nothing else to do it's something but doesn't seem worth the effort.

I wasn't around when faucets were big. IIRC they were meant to be a way to help push adoption and bring people to bitcoin in a risk free way. It was a beginners tool, you earned free BTC and could then practice sending transactions, creating wallets. Any that still exist now I would expect to be sending out very small amounts for the same purpose as the originals, remember it's essentially a charity for knowledge.

The few I have seen now though I think are usually geared as a promotion for a website, or casino. So they come with their own agendas.

mk4

legendary

Activity: 2940

Merit: 3883

📟 t3rminal.xyz

Nope. I don't think faucets weren't made to be monetized with in the first place. It was more of so that the people could test out and transact with bitcoin without putting in money.

Honestly if you're going to find something to make money on, look for something that also can actually improve your skills. You literally don't learn anything from collecting faucets alone as all you're going to do is solving captchas.

Gabb

full member

Activity: 392

Merit: 105

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?

Topic: Are the bitcoin faucets no longer worth it? (Read 744 times)