Is it profitable to run a Bitcoin faucet in 2017 - page 8.

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Quote from: ice18 on February 21, 2017, 08:29:35 PM

yes if the rewards is higher than every other faucet sites, you can also promote your faucet site like some weekly raffles to users , I myself sometimes visiting faucets with high rewards or having some jackpot bonuses to users it will attract more visitors.

But what makes you think that new users will use your faucet or when they could easily find the older ones that are more popular, you need to really study the situation and calculate the profit.

Building up new faucets will not be a big challenge but promoting it would be a big head ache till you make it a popular one.

Jannn

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Quote from: Shady on February 21, 2017, 08:45:21 PM

Bitcoin faucets are still profitable, but popular alternative cryptocurrencies have enabled people to promote their sites easier as well as push more volume with advertisments.

It's quite simple to make with a variety streams of revenue, although there's much left to search for that'll boost performance overall.

You have a point dude.
Combination of Bitcoin and Altcoin faucet is more profitable today.
But I think Bitcoin faucet is for long term than the altcoin faucet.

President79

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Quote from: Shady on February 21, 2017, 08:45:21 PM

Bitcoin faucets are still profitable, but popular alternative cryptocurrencies have enabled people to promote their sites easier as well as push more volume with advertisments.

It's quite simple to make with a variety streams of revenue, although there's much left to search for that'll boost performance overall.

Yes true, anything can be beneficial, depending on our mind. but I think, the faucet has not been effective because a very small payment for the user and for the advertiser does not make a lot of clicks.

Shady

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Life is a game, you either play it or get played.

Bitcoin faucets are still profitable, but popular alternative cryptocurrencies have enabled people to promote their sites easier as well as push more volume with advertisments.

It's quite simple to make with a variety streams of revenue, although there's much left to search for that'll boost performance overall.

ice18

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yes if the rewards is higher than every other faucet sites, you can also promote your faucet site like some weekly raffles to users , I myself sometimes visiting faucets with high rewards or having some jackpot bonuses to users it will attract more visitors.

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Quote from: ArdiPrabowo on February 21, 2017, 01:07:50 AM

if youre faucet site reward under 100 satoshi is never visitor visit youre facuet

I think no, even faucet's reward is too low (below 100 satoshi) you can still get visitors to your site but not that much from higher paying faucet one.
If you say never, I think you should try it for prove your sentence.

Rinder

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Quote from: phr0stbyt3 on February 21, 2017, 12:18:15 PM

Quote from: Rinder on February 21, 2017, 12:07:10 PM

In the last year maybe faucets could keep profitable, nowadays without adsense support, its hard to pay well and keep the claimers interested and active. But there are few bitcoin networks paying with bitcoin, there are too many rules and restrictions, and you have one extra problem bots, soo to have a good faucet you will need around 0,25-1 btc to start and try to keep alive, since you are competing with others and you need to balance income with payouts, but if you lucky you can maybe earn 0,05-0.10 btc montly.

Yeah that's right adsense was the main source of income but there's nothing we can do now. In order to start your faucets you may need minimum investment of 2 btc and I would recommend you to pay 50-70 saroshi every 5-10 min as that will give you more views to your ads. And in terms of network until you don't reach 100k alexa rank you will mostly be in loss after that you can apply for melow ads.

The thing is that looks impossible to keep such reward for tinny time, long faucets wont pay more then 200-400 satoshis daily, but people wont use them if they can earn 800 daily with those 4-10 minutes rewards, but the faucet will die instead keep sharing health. Faucets wont resist further atleast is the way i see those, the gold moments has gone for admin and supporters.

phr0stbyt3

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Quote from: Rinder on February 21, 2017, 12:07:10 PM

In the last year maybe faucets could keep profitable, nowadays without adsense support, its hard to pay well and keep the claimers interested and active. But there are few bitcoin networks paying with bitcoin, there are too many rules and restrictions, and you have one extra problem bots, soo to have a good faucet you will need around 0,25-1 btc to start and try to keep alive, since you are competing with others and you need to balance income with payouts, but if you lucky you can maybe earn 0,05-0.10 btc montly.

Yeah that's right adsense was the main source of income but there's nothing we can do now. In order to start your faucets you may need minimum investment of 2 btc and I would recommend you to pay 50-70 saroshi every 5-10 min as that will give you more views to your ads. And in terms of network until you don't reach 100k alexa rank you will mostly be in loss after that you can apply for melow ads.

Rinder

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In the last year maybe faucets could keep profitable, nowadays without adsense support, its hard to pay well and keep the claimers interested and active. But there are few bitcoin networks paying with bitcoin, there are too many rules and restrictions, and you have one extra problem bots, soo to have a good faucet you will need around 0,25-1 btc to start and try to keep alive, since you are competing with others and you need to balance income with payouts, but if you lucky you can maybe earn 0,05-0.10 btc montly.

Zadicar

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Quote from: delliaerd on February 21, 2017, 05:08:49 AM

Quote from: Sithara007 on February 21, 2017, 04:47:44 AM

Quote from: UCHCHILD on February 21, 2017, 02:48:54 AM

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.

I couldn't agree more with you. Faucet ia not bad idea until nowadays, because it will bring many profit for developers. Sure Important point is make your faucets interest and build the trust to everyone that you legitimate to pay. Apart from all that, if we can not make a good security system we can cooperate with someone we already know that it can work for it. And pay him equal they deserve.

For me its really a bad idea as of this days yes its okay to build a faucet but as of this day faucets are too saturated and people dont have any interest already on faucets because we do all know that claiming faucet money is very small and very time consuming.

delliaerd

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Quote from: Sithara007 on February 21, 2017, 04:47:44 AM

Quote from: UCHCHILD on February 21, 2017, 02:48:54 AM

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.

I couldn't agree more with you. Faucet ia not bad idea until nowadays, because it will bring many profit for developers. Sure Important point is make your faucets interest and build the trust to everyone that you legitimate to pay. Apart from all that, if we can not make a good security system we can cooperate with someone we already know that it can work for it. And pay him equal they deserve.

Sithara007

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Quote from: UCHCHILD on February 21, 2017, 02:48:54 AM

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.

szpalata

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It is still profitable but there's no free lunch, you have to set the payments high and the rate of withdrawals and amount should be flexible in order to please more people to keep coming. You likewise need to get the right advertisements on your website and with a well paying advert company like Google I think it should come out profitable.

UCHCHILD

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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.

ArdiPrabowo

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Quote from: rajasumi3 on February 20, 2017, 11:55:52 PM

Yes bitcoin faucet will always be profitable in the year 2017.if u have to be honest and dont cheat on the others ,it will run smoothly.when u create a faucet,give the right advertisements and make interesting offers where people will get more attracted to it .

realy youre can get much profit create faucet site, this now bitcoin price is high
if youre faucet site reward under 100 satoshi is never visitor visit youre facuet
you can write link youre faucet site, and report calculation youre pay visitor and return profit from advertising network

ChronoLite

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Quote from: RoommateAgreement on February 20, 2017, 11:23:31 PM

running a faucet is "Always" a bad idea and is a pain in the ass. because it is not only one thing that is hard but everything about this thing is hard.

True, even for those beginners faucet is a good idea but we don't know about they are cheating your timer (Changing IP, or multi account) for fraud activities. It makes run a Bitcoin Faucet is kinda like a bad idea to do.

rajasumi3

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Yes bitcoin faucet will always be profitable in the year 2017.if u have to be honest and dont cheat on the others ,it will run smoothly.when u create a faucet,give the right advertisements and make interesting offers where people will get more attracted to it .

RoommateAgreement

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Bazinga!

running a faucet is "Always" a bad idea and is a pain in the ass. because it is not only one thing that is hard but everything about this thing is hard.
for example the first thing is to find advertising networks that both pay good and don't restrict your account because it is a facuet.
the other thing is fighting the bots and the adblocks which everyone these days are using and will prevent you from making money.
and the third one is getting traffic and people to be stupid enough to waste their time on a faucet for earning dust.

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Quote from: wxa7115 on February 20, 2017, 08:40:23 PM

Quote from: Aamir1 on February 15, 2017, 12:12:19 PM

A faucet can always be profitable for a owner if he knows how to run it. All you need are visitors to your faucet and it should probably attract them so that they should come back again. And as told earlier by someone, set a threshold of quite high amount so that they come again every time to reach the threshold before getting their bits so that they don't run away after coming 2, 3 times.

I don't know if that is true, less and less people are using faucets, in the past it was an easy way to get some additional satoshis, but now faucets have so many security measures that even claiming anything from them has become very difficult so anyone wanting to learn something about bitcoin from faucet will be turned off by it.

The problem isn't only the many security measures, but the low rewards that we receive after completing all the security measures. Without Adsense it became impossible to run good default faucets. Only creative and original faucets can still survive, with extra mechanisms the faucet owner introduce to let their users receive a higher reward. But to do this it's necessary a lot of informatic and programming knowledge.

wxa7115

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Quote from: Aamir1 on February 15, 2017, 12:12:19 PM

A faucet can always be profitable for a owner if he knows how to run it. All you need are visitors to your faucet and it should probably attract them so that they should come back again. And as told earlier by someone, set a threshold of quite high amount so that they come again every time to reach the threshold before getting their bits so that they don't run away after coming 2, 3 times.

I don't know if that is true, less and less people are using faucets, in the past it was an easy way to get some additional satoshis, but now faucets have so many security measures that even claiming anything from them has become very difficult so anyone wanting to learn something about bitcoin from faucet will be turned off by it.

Topic: Is it profitable to run a Bitcoin faucet in 2017 - page 8. (Read 10413 times)