Topic: Don't doubt the power of Faucets! (Read 1165 times)

I doubt it. When everyone's making hundreds of thousands of btc every month and you? how much will you make after a year? 10k to 15ksats? This is a big joke.

I too would like to know how to increase referrals. I've tried facecbook/twitter etc but it's so slow. Any good info would be welcome.

wow dude... have you read and understand all the time that those 5 steps would absorb from your life?

I still don't think it is wise at this time and age to be chained to a micropayment website. In the old ages they spread thousands worth today, then dollars, a few years ago cents but now is less than nothing (figuratively speaking)

I recommend you to start joining a signature campaign and that way if you have anything to share with other in the forum you could earn some few coins.

good luck

I just use a faucetlist website like http://www.btcnewsweb.com/faucetlist/ and do things system like. That way you don't waste time. Try to find the ones that pay the best and use them.

OP, I honestly would like to know what is your strategy (this is not sarcasm, I would love if you explained it or PMed me about it).

I say that because I have used freebitcoin for quite a time. The interest is good for sure, but it only ammounts for about 1 satoshi per day for 10,000 satoshis stored. That is not much, and you need to have full bitcoins there in order to get a really decent return... and you cannot I cannot get full bitcoins just for fauceting.

Perhaps with referrals is possible, but don't know a good way to get referrals, and I cannot think of a way of getting them passively.

Lastly, I do not consider faucets to be a waste of time. There was a time not long ago when I could gather 100k from faucets in under 30 minutes, and that is a decent pay now. As some say, it is not that easy to get a paying job in some countries, and fauceting is better than nothing when you consider that the few cents you are earning now, can convert to dollars or hundreds in the near future.

Faucet money is not worth for the time we spend on these sites at least for me...

thousands satoshi per day sounds really really funny 

Good response. Can you elaborate on the "faucets" that pay a lot of bitcoin and using them as intended? It's made me curious.

I am trying to collect as much as i can. Last year i did invest 25$ in Hashflare.io and now i make 50k satoshis daily from there. For my opinion best thing is find a good and trusted Mining company and invest low as 25-50$ and wait..

This makes total sense, but it's risky. Users need to ask themselves: "Where does this person finds the interest to pay me? Is he able to keep paying me for a long period? -etc"
Nothing lasts forever, except taxes.

Small cap alts have high risk, but are highly rewarding in case if you're accumulating them for a while and get lucky to exit on a pump. Risky, again

Same as #1

What happens if the "faucet" gets hacked, owners run away with money, database gets lost, insert_reason_here?

Someone who was claiming faucets in early 2015 as a hobby and kept their coins, actually made quite a lot of money.
I know someone who was doing this, and bought a car for $5000.. FROM FAUCETS.
There's factors here of course, like price fluctuation, but yes, who knows, maybe someday 1 satoshi will be equal to 1 cent

I agree with you 100% that people shouldn't doubt the power of faucets, but there's safer investment options than % paying services.
I'd personally invest money in altcoins that have true technology behind them, good developers, who solve issues when they arise, a healthy community that uses the coin(s) for a purpose/service.
(Not that this isn't risky, but here you control your own wallet/money and can exit whenever you like)

There's "faucets" that actually pay a lot of bitcoin if you use them correctly as intended.

Just, DYOR before putting your own money into someone else's wallet

Wish you good luck

I like when people are ignoring math and risk of investing money in such sites.
Unbeatable fact is that doing faucets are waste of time and if you wan't to invest money in something which will give you passive income i would rather choose to invest in trusted gambling site bankroll which holds more than $10M in cryptocurrencies than in some faucet site.

I agree - you need to dig out the best ones and be persistent. Look at the price of bitcoin at the moment - that dust in your wallet may be worth something yet!

WHAT ARE SOME OF THE INVESTMENT WALLETS OR TRADES

They would work slightly better for most us, if they paid less for referring and more to individuals. As it stands it's mostly worth it for those with a large number of affiliates.

Good post, I'm not sure about Bsave though. I took a look at their site and there's various spelling mistakes etc in the text which always sends alarm bells ringing, especially as they claim to be based in London. (It's very easy to get a London/UK address and phone number wherever you're based in the world - loads of companies offer this service). Anyone else had experience of them?

Hi OP!

I collect satoshi from Freebitcoin also. May I know how many referrals do you have? It seems that you have big trust in Faucets.

You:re totally right about the rewards going down, even last year you could get muuuch higher rewards. For my part i have referrals and also have enough bitcoin to make it all work the way I intend, even so a dedicated person could scrape it together if they put the part time effort in.

I get your point - choose few faucets, claim from it and put earnings to freebitco.in to earn interest. The problem that nowadays faucet earnings is very small and you will earn only dust in this way. I'm happy that I discoverd faucets few year ago, when bitcoin was $200, faucets had Adsense and rewards was much higher. It was possible to earn few hundred thousands satoshi in few hours. I hold faucet earning until now, and now it's solid money.
Now only way to get decent earnings from faucets is referring as many people as you can

Yes, that is another good point. Who has many referrals can maximize their earnings on maximum. And a good strategy is like what I said: If you have a network of trusted people you, each one at his own house, using his own computer/mobile. So you can refer them and they will produce comission. You can take the money of everyone and put to generate interest in one place, but you need to share it later with everybody...

This way you can grow your fortune faster. And this strategy can be used on several faucets at same time... (FreeBitco.in and FreeDoge.co.in are strategic faucets to put this idea in practice).

For me I can already do that per week it's partially because I have active referrals.