Topic: Does Faucet give real bitcoins every few hours? (Read 223 times)

It amused me that he posted that when we are right here in the micro earning section where so many Bitcoin, Ethereum, and Dogecoin faucets announcements are existing and many more faucets announcement coming in. faucets still attract new users, it may not be profitable at one glance but some users can do it by amassing a big number of referrals that will help them to earn daily or they can manipulate the faucet by using different IP and device.
In fact, there are still a lot of faucets on Playstore, Faucets are like PTC the only way to increase your earnings is to have a big number of active referrals and there is a market for this, there's also some forums that offer exchange deal for Faucet like inSo yes, faucets are still alive for newbies who are attracted to free Bitcoin

In past when I used faucets, most faucets were hosted at microwallets like Faucetbox or Faucethub. And most of these faucets were displaying how much ballance is available. Like in this image:
 
So, before claiming you knew that you will receive coins. After claim these coins were sent to your microwallet account. There was hundreds of faucets hosted on most popular microwallets, so claiming from multiple faucets helped to reach payment treshold faster than claiming from single faucets which isn't hosted at microwallet.
It's not real Bitcoins and no transactions on Blockchain. It's off-chain transactions inside service. It only becomes real Bitcoin once you request payment from microwallet and they send it to you.

Maybe it's waste of time, I don't argue, but this isn't what OP asks for. And back in past I made some nice money from faucets, especially with help from referrals. While airdrops, it's completely different thing and shouldn't be mixed with faucets.

It is not at all clear to me how people like you even reached more than Member rank on this forum considering that you constantly write nonsense, you do not know how to use search engines and you live in some parallel world where facts are not facts but fabrications.

Given that you say that there are maybe one or two more faucets, why don't you start counting and tell me what the actual number is - of course, these are only those who use FP as a microwallet -> https://faucetpay.io/page/faucet-list

Yes it used to, this was how I made some free first sets of money in crypto, I made a lot of Bitcoin from faucets by turning them into daily job, I run like 8 different Bitcoin faucets per day and some are minutes and few are hour based claiming, it was very tough but I had no choice, there was nothing I could have done as I was already into Bitcoin but I don't have money to invest.

Few months later I was able to save up to $200 to buy some Bitcoin and that was the best decision I've ever made because the coming year at the time was the next bull market and that saved us from big trouble in the family, there is more to this story and I've already shared it in the past on this forum.

Now faucets are not profitable anymore, they don't even exists anymore, you can find one or two for other altcoins but you can't find for Bitcoin and Ethereum anymore, not even Dogecoin, man I made a lot of Doge coins through faucets and still lost them.

These small payouts may be influenced by the ever-increasing price of BTC. And the focus of Freebitco.in is no longer fauchets, but there are several gambling games such as multiples, slots and so on. Maybe the free Bitcoin on the fauchet is just a marketing promotion medium for attracting users to play gambling or multiple BTC on the site.

This time, Fauchet is not a good alternative for getting free bitcoins, besides the high transaction fees, the profits obtained are also small, not commensurate with the internet quota and the time we spend. The Fauchet era is over, this time is the era where you own BTC then stake or earn on the exchange and get apr% for a day, a week or a month or even a year.

In the past, faucets used to give a lot of free bitcoins to a lot of people but today that is no longer the case because the price of bitcoins has become too high. Indeed, if someone wants to earn free bitcoins and going to faucets is actually a waste of time and it would be unrealistic to think that a significant amount of bitcoins can be accumulated from there. Things have changed and we need other ways to collect bitcoins other than faucets. Instead, they should find other ways to collect bitcoins or maybe invest in bitcoins directly.

It all depends on our patience because to some peeps, they don't think the can wait for a very long time before they can withdraw just small portion of Bitcoin with it own interest. Faucets claiming takes too long to accumulate good amount of Bitcoin. This can take ioto several months for us to accumulate reasonable Bitcoin units that could worth our time. Creating alt accounts in faucet website is not the best since you can get suspended once your IP dress is linked to each other. Those who don't have a job or have the time to wait can always try it out.

Latest faucet website still existing is FreeBitcoin.in and here latest current faucet reward claimed very small, I doubt still have existing user are active with Bitcoin faucet because waste their time without worth of reward achievement. Many of faucet supported with one hour claiming and need to spent sixty minute later available for claiming reward and its not easy for user have patience and waiting each one hour for getting reward.

Regarding with 24 time for claiming faucet its not worth and I don't think another website faucet have higher payment values than FreeBitcoin.in because can't trusted and will paid for their user. I don't think good ideas joining with faucet link depend their payment reward very small.

Hahaha  ... Maybe I'm too interested in the drama on the forum to rarely participate in discussions on other boards. btw where I live very few people know about bitcoin so I don't really read news about FTX. Maybe even if I stick my bitcoin key on the front door, none of my neighbors will know what it is and my bitcoins will be fine. But I will definitely read the news about FTX and catch up

Those claims are a total waste of time for me because the amounts are so low. However, it is a free something and free things sometimes don't give us what we need. I know a person that just depends on those kinds of things and he can wait to achieve just those little things he is expecting to get. Such a person can just sit down the whole day just to get those little things he is hoping to have.
For me, I don't think that claiming those airdrops is an important thing. Think about trying to withdraw your claims after a long time you have been claiming those airdrops. That's the moment you will realize that you have wasted all your time doing rubbish.

A waste of time for you and some others, but for people who use that faucet practically from the beginning and have referrals and know all the possibilities that faucet offers (in fact, it is much more than a faucet) it is by no means a waste of time. The minimum reward is not 6 sats per hour, but can be even over 100 sats, with the fact that with each roll you get free tickets for the weekly lottery, as well as reward points that you can exchange for satoshis in a 1:1 ratio.

Besides, where else do you have a chance to win a Lambo or $200 000 in BTC every few months?

This seems to be the case because I have been involved in a lot of them. You only see the money in their platform as numbers and never real money. I think most of them set these things up to harvest personal information of people like emails and passwords. There was one that started sending me threat emails months later. They even claim to have video recording of me doing what I don't know anything about just for me to send them Bitcoin to an address attached to the email.

There were times people got decent quantity of Bitcoin from faucets; I guess those good old days are gone. What we have now is like people looking for traffic and scammers looking for people drain. Just like you said, it is a total waste of time... 5 cents is not even enough to cover the cost of internet and electricity wasted in the faucet.

I do not see much difference between faucets and airdrops so anyone getting involved must be prepared for the outcome.

A bit surprising you haven't learned about all the drama with FTX if you're into Bitcoin.  I mean, its been all over the news and Reddit threads, and it's still a hot topic because of the ongoing trial.  But, even if you don't keep up with the latest industry news, seems weird you'd miss it just hanging around here.  I know we all get busy with life and can't read every little thing.  But this was a pretty massive deal.

Anyway, no judgement if you're just catching up now.  But if you wanna understand what happened, there's plenty of explainers out there.  Might be worth doing some reading on your own so you don't feel so out of the loop.  

I think you have found the right logic that the faucet is giving fake btc to your account. This is clear as there is no delay between clicking the “claim” button and the Bitcoins going straight into your account. Even though it is fake bitcoin but when you have lowest withdrawal limit then they will send real bitcoin to your bitcoin address.

However, working on this faucet is really a waste of time, in the past I also often visited the frebitxxx you mentioned and played the dice games they provided, but always lost and never made a single withdrawal.

From personal experience, the time spent on these free Bitcoin faucets sites is substantially disproportionate to the earnings. It would take an unreasonably many long years to earn a noteworthy amount, making it inefficient compared to other ways of earning or investing in Bitcoin. The only people who get a win are the owners of the sites and they make their earnings by their advertisements.

In short, faucets nowadays are just a waste of time. Unlike in the past, rewards given in faucets have value, but right now, you're the only one who needs to spend money for fees just to claim a small amount of Bitcoin.

Before I started to know this forum, around the year 2016, I was also doing faucet as I was told that it's another way to earn Bitcoin. If you are the type of an individual to have an effort and patience, holding it till you make a decent amount before you withdraw, it's not a waste. But right now, time and effort will all be put to waste.

We cannot say all of them are real, but definitely some are, but for them meeting up with the requirements to make the withdrawal is what becomes a difficult task, because the money you will be given is very small to get withdrawal of, and as for those that promises higher pay rate for each task completed will not reward you because they can't afford to pay such huge amount of money, if you now compare and contrast the two conditions, you will conclude on everything about faucet to be a complete waste of time.


It's not fake in most cases, they know what they are doing, they will offer the amount of money which is unable to perform the transaction fee not to talk of what will be left for you, most people don't know the maths behind this before they rush into it.

If receiving small amount of Bitcoins is scam, do you think a random message about 1 BTC reward that sent to you is real?

The only way you can call the site is scam when they don't want to let you withdraw. AFAIK Freebitco.in will let you to withdraw your coins as long as you met the minimum withdrawal without rollover. If a gambling site ask you to make deposit and minimum rollover, you also can't blame them because casino isn't a charity.

here's a typical example of such web

Several websites offer faucets to users for completing small tasks. I've been aware of this particular website for a few years, but the tiny rewards provided are insufficient for withdrawal. These rewards are not fake but rather smaller units of satoshis. Faucets distribute these small amounts to encourage user engagement and familiarity with cryptocurrencies. The amounts are minimal and might not cover transaction fees for sending. Yet, upon reaching the withdrawal limit, the accumulated amount of Bitcoin will probably combine with other users' amounts to cover the withdrawal transaction fee and then be sent to their respective address.

You are right, it was back in 2015 like you said that faucet is worth giving time because then it pays well, but as time goes on it became very small that I presently see it as a waste of time because before one can claim bitcoin from faucet, you must be a patient dog since the transaction fee is something else.

Exchanges are very funny people because they are always bringing figures that are not in their reach to make people feel that keeping their funds with them is safe, when you will know that it is not true is when that exchange crashes, they wouldn't be able to refund all customers their funds at once. Another way to know is when there is a massive withdrawal from the exchange, you will see that the exchange will now deprive their customers from withdrawing and also place a withdrawal limit on customers so that they wouldn't know the truth.

 Same with traditional banks, have you ever thought that what id all the customers withdraw all their funds at once, the bank will never accept many withdrawals and they will put a withdrawal limit. This has happened to me and I need the funds for an urgent purpose. Not your keys not your coins. The moment you deposit to an exchange, your coins becomes a business coins, and not yours anymore, it is only when you have withdrawn it that it becomes your again.

Faucets nowadays give you very tiny amount each claiming time and like you shared, it's 0.0000006 BTC for one claiming time. It does not enough to pay on chain transaction fee too.

Faucets have min time between two consecutive claiming to avoid exploitation and they also have a min amount for you to submit a withdrawal request. It is a time when they will proceed coin to your address.

If it is a faucet from casino, it is usually free coin for you to make small bet and it is a main purpose of casino faucet.

I understand what OP means like this, hourly faucet will give us 6 satoshi and what he means is 6 satoshi is fake, but if we keep accumulating until the minimum withdrawal limit is reached, then will the faucets actually provide us with real bitcoins. During the time you accumulate 6 satoshis per hour, the number displayed on the screen is fake because no one has enough time and transaction fees to transfer you 6 satoshis per hour. But it would be surprising if OP or someone is still using faucets to accumulate bitcoins these days, which is pointless.

It's all genuine, why do I call it genuine, because I have already withdrawn the Bitcoins I got from the freebitxxx fauchet. I have known and played this fauchet since 2015, and I have made 4 withdrawals there. Now I'm still playing it, and so far I haven't made a withdrawal because the results from the current fauchet are very small. It was different in 2015.

Apart from Bitcoin faucet, there were also faucet for Bitcoin and Dogecoin.

Currently it may take a long time to claim Bitcoin from fauchet because we have to collect a lot of Bitcoin first to cover fee transaction

Well, now after the whole FTX thing, many exchanges have shared their hot/cold wallets addresses, so people can see how much money the exchange has. Now, is there a proper way to know whether that amount in those addresses equals exactly the amount of user's holdings? No, not for most exchanges anyway.

As for your second question, then the funds never really sit at the address you send funds to. If you were to try and send BTC to your Binance's address for example, and then recheck that address in a blockexplorer a few minutes or hours later, you will see that the funds were moved (maybe to the exchange's hot wallet, or to another user who requested a withdrawal) and then, if you make a withdrawal request, your funds will come from somewhere else.

Yes, you are right, but it was a great experience for me because from the faucet I got to know bitcoin. After I didn't get anything on the faucet, I started following airdop on telegram, and again it was crap because I didn't get anything. Until finally I found out about this forum. Maybe that's my path to this forum. Btw, I found out about Bitcoin during the Covid pandemic and I was WFH so I had enough time to do it all. But when I think about it now, it seems like it was a waste of time  


Ah... Yes, I just thought that if the exchange did something like that, it would be the same as what conventional banks do. As you said, I also know a little about conventional banking which uses customer savings to lend to other customers. When there is a large withdrawal of money, the bank will definitely go bankrupt and will not be able to disburse all of the customer's money because the bank doesn't have it.


So what happens to the FTX exchange that experiences problems like this? I heard that FTX was a big exchange that went bankrupt but I don't know the root of the problem because at the time it happened I wasn't on this forum yet. I was interested in reading the FTX case.

I guess, there's just a lot of people that have a lot of time on their hands that they don't mind wasting it on waiting on a drop on this faucets. It's just a matter of perspective, some people might be making a lot of money from faucets more than we can imagine so they're still continuing to do this kind of stuff I guess to each of their own. The only thing that I can think of with this people who take faucets seriously is probably the people that knows how to maximize getting the free bitcoins.

Many exchanges them selves have said that they actually store the coins you store on them on self custodian wallets this indicates clearly that it is merely numbers that you are working with and just few bitcoins are on the platform.

Yes they can use it for there needs, think of them as traditional banks, it is your money stored there that use to give out loans or use to go into certain businesses because they feel not all of you will need that money at the same time. That’s why when am exchange crashes and refunds is ask for they start delaying and making excuses like the money will be paid in batches, simply because they don’t have all of it with them.

You should read on this current FTX saga and you will appreciate more the coming of bitcoin, as with it you can be your own bank

I think I know which faucet you mean and it's the most popular of them all, I think. But regardless of whether it is or not, the thing about faucets, as in many casinos, is that the numbers you see on the screen are a bookkeeping entry. If they're doing it right, they should have separate bookkeeping for their deposits and their profits. They have real bitcoin, but unless you reach the minimum to be able to withdraw, you will not have real bitcoin, what you will see on the screen is the accounting entry. In the case of the most famous faucet, it's a bit like playing the lottery but for free. If you hit the jackpot it's $200, which you can withdraw and you'll have the equivalent in real bitcoin, but I agree with what was said before, in general it's a waste of time.

Faucets are places where advertisers pay the faucet to display ads, and you are paid to watch those ads. It is similar to creating content on the Internet, and if you are not talented, you will need to watch thousands of ads in order to earn a few dollars.
Faucets reduce the withdrawal limits to arouse the user's greed, as we all like to withdraw money more than having it as a balance in the faucet and the withdrawal fees for them may be low (less than normal transaction fees) because they are batching the transactions but they cannot generate a lot of money and may not be worth $10 per month. It's a waste of time and some of these scam faucets make you watch ads without paying you.

It is not fake, but it is just a waste of time.

If faucet give you 6 satoshi every hour, that is 0.00000144 BTC in a day, which is $0.0504 in a day if bitcoin is $35000. Can you see that yourself that it is an absolute waste of time. You will have to wait long before you can be able to reach the minimum withdrawal. But some people are patient, have no work, but able to have several accounts with different IPs for just to turn the small amount of bitcoin to something big. As for me, I see it as a waste of time and energy.

That sounds bad, so we also don't know how much bitcoin they have? including casinos and centralized exchanges also the same? the numbers written on our account are just fake bitcoins? can they use the bitcoins we send them for their needs? As long as there are no major withdrawals on the exchange, no one will know that our bitcoins there have been used. Could that be true?

Yes, that's correct. They can't send you "real bitcoin" whenever you click the "claim" button because the fees for that would be higher than the amount they're sending, and you'd also need to deal with confirmation times. It's pointless with a custodial service anyway.

This is no different than the approach exchanges and casinos use. It's just a number in their database that keeps changing, and once you make a withdrawal request, that's when they send you the funds.

I know this faucet longer than this forum, the name of the faucet is freebitxxx. It's best if we don't need to mention it clearly because that's not the issue I'm going to ask about.

So in a few hours the faucet will give us a very small amount of free bitcoins. The question is, is it real bitcoin? or is it just fake bitcoins and when we have met the minimum withdrawal limit, they just send real bitcoins to our withdrawal wallet address?

I think it's fake bitcoin, because on the faucet we only get 0.0000006 while the transaction fees are more expensive than that. So the small amount given by the faucet is fake bitcoin?