Topic: Don't doubt the power of Faucets! (Read 1176 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.

The interest is 0.01% daily. You will need $10.000 in BTCs (2 BTCs) to earn $1 daily passively... It's not very different from a saving bank account.

And not spending too much time, only using the main faucets, you will need to be very lucky to earn decent amount of satoshis to make this interest worth.
Like the $200 prize at FreeBitco.in or even $20 or $2 are good too... So I think if people don't work hard on faucets all day long in front of a desk they won't be able to buy even a beer every week with their earnings from this activity.

If you have a network of friends, relatives working together it can work better on long term. Also, the appreciation in BTC price on long term can help a lot!

You can create here your faucet list or better your faucet rotator and earn some extra Satoshi
http://faucetrotator.xyz/

What's up with all the asshats posting on what is a well meaning post. if you don't want free money just shut up and walk away. XD. I'll make free money with no effort either way. If you read my posts i don't even have to click on the faucets anymore. and yes I can actually quit my job in the next couple years.

You made 0.10 with this proccess, so why haven't you quited your job already!!? It is a huge money mate! You are millionaire because your faucets! Omg, i can not believe it! i will destinate 20 hours a day so i can make 0.10 bitcoins in 6 months! It is amazing! So i will lend on those sites that will surelly NOT scam me and i will be millionaire in a few days only by faucets! What a nice guide mate!

Faucets are a huge waste of time--but only at today's prices.  If you'd claimed from them back in 2010 and kept everything, you'd be pretty well off.  Same goes for now.  If bitcoin goes up to $1 million in 5 years, you'd be looked upon as a very smart, savvy faucet-claimer.  So you just never know.

OP, I don't know about your system.  Maybe it'll work for you.  Me, I claim from moonbit and moondoge and that's more than enough time spent on them.

First of all, are these Altcoins or exhanges? basically if involves trading i'm just going to chill. Also, freebicoin has been there a while and have proofs not only for their payments with no complaints, but also give out prizes like hardware wallets and the like. To each their own.

The problem with higher interest rates is that there is higher risk involved. Especially with lending. I'd rather be the tortoise than the hare.

Truth XD

I agree, I just hate it when an advert comes blasting out my speakers. Makes me jump every damn time haha.

If you read what i'm saying, it's about the interest. That's the difference. Without interest....this is all useless. With interest it is one of the most profitable things you can do.

I did not get it exactly what you have in mind. Even if you use 20faucets per hour for 10hours or so then also you will be able to make hardly around 0.004btc to 0.006btc. But if you spend Your time using your skills like web development or software making skills you can make around 0.05btc in that same amount time. and I think that will be much more secure and worthy.

Faucets just don't pay out any tangible amount, and the amount that BTC will have to go up for the fraction of a cent worth right now to have any useful value is astronomical.

Oh.. interest on a faucet? This is interesting, I'll take a look  

Later Edit:
I took a look, I don't like it.
Try to take a look at NEO and GAS, you might get more interest there; the current rate is 8.4%.

cool I use freebitcoin, but again it's because I earn interest haha, without interest it wouldn't be worth my time. Also I went to your link, this is a captcha service...this more of a waste of time than faucets even XD. Again the reason i use the faucet i use is that they pay interest for investment meaning I don't have to click the faucet if I dn't want to.

LOL. You're so funny man but it's true )) Spend most our time everyday to earn Bitcoin with faucet is the biggest mistake I've ever made ) But I'm not doing it anymore of course. At the beginning when I was a newbie I don't know any other ways to earn Bitcoin except faucet although I know that it's not worst with the time I spent everyday. After that I'd tried to find a new way to earn then I found this forum ). But I think there are still some good faucet that you can earn thousand of satoshi without having refferal but it's not Bitcoin faucet, it's altcoin faucet like Raiblock faucet, I've tried this one before and I can earn about 0.003 BTC or more with 8 hours a day )

(Also thanks ^_^)
The reason it's not a waste of time is because I accrue interest. It's the interest that is worth sticking around for. Eventually i won't have to hit the faucets because of it.

Proof, I'll continue to earn doing absolutely nothing while you continue to pout on the sidelines confused and unsure. no math needed. Every day I earn more and more satoshi doing less and less faucet clicking. There isn't much to say other than you're missing out. Within a couple months i'll be making dollars a day which at some point will be easily a second income. Do your own math at 4% a year including faucets and investment, how fast could you make dollars a day and hundreds of dollars a month. It's easy math.

As far as scammers, there are more scams for bitcoin than there are grains of sand on the beach. Just like any venture do your homework and trust. It's the only way to get ahead in this world.(I would post a screen shot, but that's bad form on any site when concerning bitcoin)

I see the faucets as waste of time.
I think it's better to invest that time in something else, because you get next to nothing for it. You're really short-selling your time.
If you're a musician (I think that's really nice), you might use that time to practice, and you might have better outcome in the long term.

Like dogs? Do you think cloud mining companies didn't have a huge community when they disappeared? Mt.Gox had a huge one too and Mark is walking around a free man, tweeting about his new projects.
And how much are you able to earn per hour? You are recommending this to people, so in a way you're telling others to try claiming faucets because it's worth their time. Don't expect every single person to do it at work. IMO it's a total waste of time when you do the math. Prove me wrong if you can.

It takes no time for me, I do it once an hour on my phone. it's not a chore or a big deal.

It takes a lot of time.
I have been there before. 8 hours of doing faucets that just makes me 100k of saroshis.
Now is more dubious. They have dwarfed the payment and how could you reach the minimum payment requirement if it is too large. You will need ro stay for a while.
They create money thru that because they now many will just leave the funds thru boredom.

I'm a musician I can't smoke, so I buy with that money and use faucets and make even more....what's your point?

For those wondering, here is the link to the faucets Bitcointalk page:https://bitcointalk.org/index.php?topic=319540.0

They are legit.

don't smoke for a week and that's it: you just saved three months of fauceting..

The faucet i'm referring to has a community on this board. They would be hunted down like dogs if they disappeared. The owner actively responds for questions and help. They always pay and have been around for years. They also mine. please stop with the snarky answers when in actuality it works. You also didn't read my comment stating that I do this at work, out relaxing, whatever. i don't sit at home and do this all day. basically you aren't paying attention.

Oh yea, great Idea OP.
Find a faucet that gives you interest and send all your money to them. Then wait for your money to multiply and withdraw. Looks like a ponzi scheme to me

In reality it will look like this:
You sit at home claiming faucets all day. After many weeks, when you have problems with your sight and are pale like a ghost you try to withdraw that whole 0.1 you managed to get and guess what... Half of those faucets will turn out to be scams and you'll get only 0.05BTC. Then you divide that into hours spent claiming and you'll get something like $0.5/h  Good luck!

Check out freebitcoin I make 2000 sats a day and growing, they can't disappear because they would be hunted down while they try and drag their mining operation across the street.(I believe they are in California)

If you were paying attention, I was saying a faucet regimen is perfect for accompanying buying bitcoin. if they are paying interest then it will boost your earning sky high. if you collect enough cents you will have dollars, make no mistake. Without interest it's whatever, but with interest it's a tool. Don't under estimate it or your ignorance may start showing.

Also do your homework. Bsave for a time was attached to coin base. They wouldn't risk their brand to just disappear.


it works now, no you don't have to. i use my iphone and click once and hour on the high er paying faucets and make dollars a day. basically you have to do your homework and make it work for you...or yes you will make cents. I go out and party, live my life, study martial arts and click a button once an hour on my phone. it's super easy.

Don't be a troll, why do people not seem to understand interest especially considering lending bitcoin is one of the highest paying ways to earn it?

Talk to any one who manages any kind of wealth 20 cents a day will get you there. I've already made 0.1BTC through this process, laugh all you want it works.

A thousand satoshi every day? Wow, that is great,  now i can finaly quit my job and earn 1000 satoshi every day I am sure my kids will like that their father can earn so much money every day!   

You are being so optimistic about faucets, and yes, the same proccess that you explained worked only a few years ago when bitcoin was below $1000 and it was easy to earn money through them.
But you can not deny this, you have to stay 10 hours a day in front of your computer clicking the re-captcha every thirty minutes only to earn 80 satoshis per claim, it is not fair, you are a slave.

How much you can earn with faucet a day? How many hours you spend to work with faucet to earn that amount? I think at this time earning with faucet is not a good idea if you don't have tons of refferals. As you know the amount you earn in every claim in faucet depend on the price of Bitcoin and at this time when Bitcoin price about 4k9$ you think how many satoshi will you earn from each claim? To earn thousand sts with faucet only and without refferal it'll take you few days to earn about 0.001 BTC.

Interest is pretty simple, you accrue and they pay you for investing in them. There isn't anything really technical about it.

It's how most of our world runs. Many mining communities, exchanges included, have some way to reward you for holding with them instead of your personal wallet. Some offer interest in order to expand their mining operation indirectly for example.

In the mid term it can be one of the fastest ways to build not just bitcoin but many other currencies/ commodities.

It's not rocket surgery. XD

Personally, I did not understand from the technical side what you had in mind and how it works. I only know that the cranes pay a little and for the monotonous work. These people like to get involved in retirees. It is better to engage in the automation and automation of bounty companies in different start-ups. It is more perspective and profitable than you can imagine.

I've seen some people say that faucets are a waste of time. I've found the perfect balance that proves them wrong.

As part of your balanced Bitcoin diet you would be foolish to ignore especially the better of the faucets available to the community.

How to use faucets properly:
1)Find a system that pays you interest to hold BTC with them.

2) Find 5 or so faucets with decent rewards that pay on the hour in BTC or alt coins as well.

3)Funnel all of your winnings into the Faucet, wallet or account that pays interest.

4) Watch as  you start making thousands upon thousands of satoshi a day.

That's the true way to take advantage of micro earnings.

It's weird to see people putting it down, it's free money you don't even have to search for on the streets and perfect for a long term investment strategy.

Doing this in addition to mining and buying will mean you will grow your bitcoin amount quickly.

(an example is combining the moon faucets with the freebitcoin ones and or Bsave)

(For the people that aren't actually reading my responses i'll add. I don't sit on my computer all day, I hit these faucets at work, hanging out at the bar, hiking in nature, practicing martial arts etc using my phone. i'm not chained to my desk, it's the beauty of these faucets while accruing interest)

Thoughts, discussion welcome.