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Topic: Is it profitable to run a Bitcoin faucet in 2017 - page 5. (Read 10382 times)

full member
Activity: 223
Merit: 250
It seems to me that it is not very profitable right now. Bitcoin price is very high and few advertisers will agree to pay in that currency. Besides, now a lot of these sites, and a lot of competition. There is no guarantee that you will have visitors
legendary
Activity: 2030
Merit: 1028
IMO, bitcoin value is on high value which I'm think too risky if you want to launch faucet at the moment. You should wait until bitcoin value decreased or you need to re-calculate your initial fund to operate the faucet. In mean time, many people at my place is yelling about faucet ( unfair value )
hero member
Activity: 686
Merit: 510
Hi,

I have a question regarding your own BTC faucet. Is it profitable to run it in 2017?
I was thinking to run it via WordPress.
What initial investment is needed?
Yes, of course. It's profitable until now because of the demand for bitcoin. You must know how to handle your bitcoin faucet and know how to manage it to get a good feedback from others. I don't know yet the initial investment but you must do a research about it.  Wink You have a fruitful mind so use it for the goods, not for bad. Ask for those people who run their bitcoin faucet.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
why not make something constructive?
you are already spending your time and money on this, and in the end you are left with something useless that people barely use and if they do, they want to exploit it or use once and never come back.
so instead try to spend that time and money to build a website that offers something that brings people back, is constructive and makes you real amount of money not just dust.
hero member
Activity: 1204
Merit: 500
it will always be lucky if you have a good strategy to attract a number of users of the Internet. Well, there are always new users in the world bitcoin, and it will make them look for bitcoin from all sites faucet. you just need to make them choose the Website.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
I think it is if it got a apropriate payout, and if you promote it accordingly it should work out for you  Smiley
If he is promoting his faucet in those people who are already earning a good income from here then no one will join his faucet because I know faucet owners give much less to the members but if he start to promote among those people who are low earner at PTC and GPT sites then they may take interest in that faucet.
Faucets have been really unsure about whether or not they are profitable or not, it is all depending on the owner if he is willing to offer his time and effort into promoting his faucet so people could use his faucet, then he could make profit out of it, but that is not easy, and don’t expect to earn a lot if you are not willing to work hard for it.

Having a well planned layout will make your faucet site successful from having thresholds it will make claimers claim all the time just to reach the goal which means more traffic, also having a referral system will work as long as it won't run dry your faucet.
Yes, it seems we need to manage many things so that we could make profits from the faucets. So far I just remained a faucet user after seeing many useful suggestions on this topic, I believe I also could become a faucet owner. In my view, owning a faucets also a good business if we perfectly manage them.
hero member
Activity: 1680
Merit: 655
As much as they're worthless for users, they can be profitable now since there are a lot of new people interested in bitcoin. It will be profitable as long as there are new people coming.
Its not only about having new people coming to the site but also people who will stay and still use your site. Having a well planned layout will make your faucet site successful from having thresholds it will make claimers claim all the time just to reach the goal which means more traffic, also having a referral system will work as long as it won't run dry your faucet. Goodluck many faucet sites fail within a month because of not having a good strategy.
legendary
Activity: 3276
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
I think it is if it got a apropriate payout, and if you promote it accordingly it should work out for you  Smiley
If he is promoting his faucet in those people who are already earning a good income from here then no one will join his faucet because I know faucet owners give much less to the members but if he start to promote among those people who are low earner at PTC and GPT sites then they may take interest in that faucet.

That is commonsense. People who earn good salary from elsewhere will be least interested in the faucets, as they are a waste of time and effort. But newcomers to the Bitcoin scene will be interested in them, as they have very few other avenues to earn BTC.
hero member
Activity: 798
Merit: 500
I think it is if it got a apropriate payout, and if you promote it accordingly it should work out for you  Smiley
If he is promoting his faucet in those people who are already earning a good income from here then no one will join his faucet because I know faucet owners give much less to the members but if he start to promote among those people who are low earner at PTC and GPT sites then they may take interest in that faucet.
sr. member
Activity: 434
Merit: 251
physics, mathematics and engineering
I think it is if it got a apropriate payout, and if you promote it accordingly it should work out for you  Smiley
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
As much as they're worthless for users, they can be profitable now since there are a lot of new people interested in bitcoin. It will be profitable as long as there are new people coming.
sr. member
Activity: 812
Merit: 260
Right now, it is still profitable to have bitcoin faucet as you can see a lot of faucet out there, just imagine they won't waste their time to create bitcoin faucet if it won't give them a good profit. Try it especially now that a lot of bitcoin users depends on collecting faucet, because a lot can't afford to buy bitcoin.
legendary
Activity: 1652
Merit: 1000
Yeah as long as there will be a huge number of visitor,
We all know that the owner would only earn through the visitors of the site.
indeed that is true that more visitor more earnings for the faucet owners and huge visitor doesn't guarantee will profitable especially with the current price so high i think build new faucets the cost will more expensive and as far as i know that earnings bitcoin with faucets is wasting time because not in accordance with the effort
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
Currently I guess not profitable at all. because I've stopped looking bitcoin faucet with a method for spending to buy internet quota is not comparable with that I get with bitcoin per day. unless we have a lot of referall. This may be very profitable
legendary
Activity: 2058
Merit: 1015
It will only become profitable if you got lots of visitor. But at this time, I guess its hard to get a lot of visitor because of competition and also how many bitcoiner do you think are still into faucet. I guess there are only few of them unlike before.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
I guess it depends on how attractive your faucet is.
Because faucet is profitable to the owner only it is just like paying those visitors at a time they click on the website.
Just have a great attracting site and reasonable satoshi so people will come  back.

Another thing to remember is that the faucet owners should protect their sites from hacks and wallet robberies. Experienced users can create bots, which can empty out the faucet in a matter of days.

An easy way to protect yourself from those attacks and this is something that is also effective no matter who you are is to have only the necessary funds to run the faucet and nothing more that way if a hacker gets access to your wallet the damage is going to be minimum.
legendary
Activity: 2016
Merit: 1106
Solving annoying captcha codes and other anti-bot mechanisms is boring as hell, even for some free satoshis. Faucet nowadays needs to offer a bit more entertainment to generate traffic - I mean some interaction like mini game when you can gamble your win, a lottery or decent loyalty system. I wonder if faucet runners still risk with using google ads? As far as I remember, 2-3 years ago if you do not have google campaign, it was almost impossible to make your site profitable.

all popular faucets have done exactly that (offer more entertainment in a form of either a minigame or even a full monty economic/strategy game or a simulator,simple "enter a captcha and get your satoshi" sites can no longer cut it)
as for the Adwords Google ads,it is stated clearly in Google's TOS that they do not accept incentivised traffic
your faucet could last a month or two,or even several months,like donaldcoin did,for example
the end will always be the same-they freeze your account and you lose your money
there are much better bitcoin based ad providers nowadays than it was two years ago:mellowads,a-ads and similar allow webmasters to get
some profit,but it is never the same without the Adwords,sadly
hero member
Activity: 676
Merit: 500
Solving annoying captcha codes and other anti-bot mechanisms is boring as hell, even for some free satoshis. Faucet nowadays needs to offer a bit more entertainment to generate traffic - I mean some interaction like mini game when you can gamble your win, a lottery or decent loyalty system. I wonder if faucet runners still risk with using google ads? As far as I remember, 2-3 years ago if you do not have google campaign, it was almost impossible to make your site profitable.
sr. member
Activity: 1372
Merit: 348
To be honest i don't think its profitable to run a bitcoin faucet anymore. The competition is way too high. Look at the micro earning section. It's filled with faucet link.
You have to provide something unique to stand outside and survive. You also need to make spend enough time to make sure no one abuses the faucet. Not worth spending your time.

Well it is still possible to be profitable to run a bitcoin faucet, from your reply there are ways to generate traffic.  For a newbie maybe it will be a waste of time but for those who have master the art of click baiting then it will be very profitable for that person.
sr. member
Activity: 476
Merit: 251
Making money off a bitcoin faucet is much harder than people make out. First of all, you need a balance between too many ads (which annoys people into leaving, although earning you revenue short-term) and too few (meaning no revenue). You also need to decide how generous you are going to be, are you going to be well-paying and if so, how often will you pay out? The investment required is little but it's hard to make meaningful profit, since you need a very large amount of visitors, and there is a lot of competition.
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