Bitcoin Faucet is running dry | Bitcointalksearch.org

pocarime32

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Quote from: carlisle1 on June 19, 2016, 06:42:05 AM

Maybe some of those faucets are getting bankrupt so they were getting dry as you are saying but i think most of them are reducing their reward because of the halving if they dont do that their faucet will gets bankrupt too so it is necessary for them to do that . We dont have to complain about it Grin

Maybe the bankrupt because the adds on their faucets is not work anymore, so they stop the faucets and also the price of bitcoin is incease so high right now, it's make the rates for faucets become so low.

LFC_Bitcoin

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Faucets are a waste of time, it's just way too little money/reward to even bother with in my opinion. Join a sognatire campaign or simply just buy & HODL bitcoin's to make huge profits in the future.

carlisle1

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Maybe some of those faucets are getting bankrupt so they were getting dry as you are saying but i think most of them are reducing their reward because of the halving if they dont do that their faucet will gets bankrupt too so it is necessary for them to do that . We dont have to complain about it Grin

DoublerHunter

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Quote from: genos on June 18, 2016, 05:22:41 PM

Yeah it is about 2 days ago. I only can get very2 small amount from faucet, although I use two faucet aplication in my Android. And I saw so many advertisement on that.

They put many advertisement to equalize their expenses or to make a little profit but i think now doing some faucet is not a good option because of they are paying lesser amount than they give before Sad

.

uname

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Quote from: X-ray on June 18, 2016, 08:58:04 AM

faucet wasn't running because of donation,faucet basically was made in order to gain or multiply the owners btc through advertisement,saying giving btc for free is bullshit if they still inserting an ads,it's like exchanging your time / click to the ads for few btc

may just tap the site that does not get revenue from ads that can cover the expenses of the claim. so they do not add bitcoin on the faucet wallet. then the faucet is dry

X-ray

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Quote from: salmanahmedone on June 19, 2016, 02:47:11 AM

Quote from: tobacco123 on June 18, 2016, 04:18:22 PM

Even at 200-300 Satoshi, many faucets are actually running at a loss. Many dries out very fast and never able to top up in time for the users.

Nevertheless they are serving their purpose for beginners to get some "free" coins to try out.

One of the another reason for bitcoin faucet dryness is that the current bitcoin price. Since the price is high it is difficult for the faucets owner to keep the faucets avaiable all the time. Most of the faucets has decreased the rewards also.

the prices increase really giving affect to faucet because the amount of btc they spend equivalent to dollar is increased in other side their ads only paying in dollar currency,but it doesn't give affect if they're using ads which pay them with btc

salmanahmedone

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Quote from: tobacco123 on June 18, 2016, 04:18:22 PM

Even at 200-300 Satoshi, many faucets are actually running at a loss. Many dries out very fast and never able to top up in time for the users.

Nevertheless they are serving their purpose for beginners to get some "free" coins to try out.

One of the another reason for bitcoin faucet dryness is that the current bitcoin price. Since the price is high it is difficult for the faucets owner to keep the faucets avaiable all the time. Most of the faucets has decreased the rewards also.

Enotche

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Yes, unfortunately, now, due to increased Bitcoins, many faucets are disappearing or are paid very little. They are beginning to bear little income to their owners.
Began to appear scam faucets who do not pay at all.
I think that will soon disappear entirely faucets. After all, the owners get to their payments in the normal currency, and pay cryptocurrency. And it shall come, that will pay more than earn.

Cyaren

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Quote from: Amso on February 28, 2011, 05:22:20 PM

Bitcoin Faucet is at low 40s, it was under 40 before.

Is Bitcoin Faucet funded by donation alone?

Now that bitcoin is so valuable, people are not donating, i guess.

Well, not really. Bitcoin faucets are usually for profit and the owners fund their own faucets. This is especially true with faucetbox faucets, the owners get paid via their advertisement earnings.

Not odd that bitcoin faucets are running dry, because of the price spike

Sled

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Quote from: Monnt on June 18, 2016, 04:45:45 PM

Running a faucet just isn't profitable anymore. The market is so saturated and only newbies use faucets. Many of these newbies are kids, thinking they can get rich by making a hundredth of a cent an hour.

Yeah many newbies are always thinking that the faucet is one of the best way to earn a lot of bitcoin but they didn't know that the faucet now are worthless because it is hard now to earn like the equal amount of your expenses in electricity and internet.

genos

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Yeah it is about 2 days ago. I only can get very2 small amount from faucet, although I use two faucet aplication in my Android. And I saw so many advertisement on that.

ebookscreator

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Quote from: Monnt on June 18, 2016, 04:45:45 PM

Running a faucet just isn't profitable anymore. The market is so saturated and only newbies use faucets. Many of these newbies are kids, thinking they can get rich by making a hundredth of a cent an hour.

I think not only kids are claiming in faucet almost newbies are claiming cents..its useless for now to claim because its late that they can make fast bitcoin in faucet and its waste of time.. and many claimers still learning how bitcoin works.. and i think they will realize that in the future that claiming faucet is not worth it.

Monnt

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Running a faucet just isn't profitable anymore. The market is so saturated and only newbies use faucets. Many of these newbies are kids, thinking they can get rich by making a hundredth of a cent an hour.

yenxz

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Quote from: Amso on February 28, 2011, 05:22:20 PM

Bitcoin Faucet is at low 40s, it was under 40 before.

Is Bitcoin Faucet funded by donation alone?

Now that bitcoin is so valuable, people are not donating, i guess.

i guess this is wrong sectio,this should post on begginer and help section. faucet dry if people who have build that faucet no more have funds or they think faucet no longer make profit,because faucet always depend on visitor with ads.

tobacco123

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Even at 200-300 Satoshi, many faucets are actually running at a loss. Many dries out very fast and never able to top up in time for the users.

Nevertheless they are serving their purpose for beginners to get some "free" coins to try out.

Kprawn

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The way faucets are supposed to work is for them to pay less when the price is high... remember when faucets started, some faucets paid like 1 bitcoin every hour... now we are down to 200 Satoshi's

per hour as a average payout. It's just the way these faucets work, to balance the income against the profits being made from the advertising side. I know at one stage Freebitco.in paid over 1000/h

when the price were at $200 last year... it's now down to 200 - 300 Sat/h. Roll Eyes

X-ray

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faucet wasn't running because of donation,faucet basically was made in order to gain or multiply the owners btc through advertisement,saying giving btc for free is bullshit if they still inserting an ads,it's like exchanging your time / click to the ads for few btc

RoommateAgreement

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Bazinga!

Quote from: MHopkins on June 18, 2016, 07:53:00 AM

Quote from: OrangeSeller on June 18, 2016, 07:47:35 AM

Quote from: dearbesz on June 18, 2016, 07:18:20 AM

Bitcoin Faucet is running dry?

Yes it is, why? maybe be it is because very time consuming by getting the faucets.
and then once you get your the reward its just a small amount of satoshi.
but for a beginner it will be a nice start up for them to get Bitcoins for free.

I think bitcoin faucets are running dry because of both type of peoples.
The Users of faucets and the owners of faucets too.
nowadays faucets have no any worth and using them is completely waste of time. and same faucets owners can't able to run faucets properly and give enough reward since google adsense blocking all faucets ads.
this is the big reason why faucets are running dry.

Are you saying Goggle are blocking adsense adverts advertising Faucets or the adverts on the Faucet sites themselves? If so, why. I thought they weren't meant to be 'evil'.

yes, the nature of a faucet is against google adsense terms of services and that is why they don't allow them to use it in the first place and then bans them if they find out.

p.s. this topic is from 2011 by the way Grin

MHopkins

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Quote from: OrangeSeller on June 18, 2016, 07:47:35 AM

Quote from: dearbesz on June 18, 2016, 07:18:20 AM

Bitcoin Faucet is running dry?

Yes it is, why? maybe be it is because very time consuming by getting the faucets.
and then once you get your the reward its just a small amount of satoshi.
but for a beginner it will be a nice start up for them to get Bitcoins for free.

I think bitcoin faucets are running dry because of both type of peoples.
The Users of faucets and the owners of faucets too.
nowadays faucets have no any worth and using them is completely waste of time. and same faucets owners can't able to run faucets properly and give enough reward since google adsense blocking all faucets ads.
this is the big reason why faucets are running dry.

Are you saying Goggle are blocking adsense adverts advertising Faucets or the adverts on the Faucet sites themselves? If so, why. I thought they weren't meant to be 'evil'.

OrangeSeller

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Quote from: dearbesz on June 18, 2016, 07:18:20 AM

Bitcoin Faucet is running dry?

Yes it is, why? maybe be it is because very time consuming by getting the faucets.
and then once you get your the reward its just a small amount of satoshi.
but for a beginner it will be a nice start up for them to get Bitcoins for free.

I think bitcoin faucets are running dry because of both type of peoples.
The Users of faucets and the owners of faucets too.
nowadays faucets have no any worth and using them is completely waste of time. and same faucets owners can't able to run faucets properly and give enough reward since google adsense blocking all faucets ads.
this is the big reason why faucets are running dry.

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