There are still a decent number of people who are still relying on faucets . I saw a bunch of groups in social media sites like facebook and twitter where the members are focusing on HYIPs, Faucets etc. Though you might feel guilty about it because you should be guiding them to the right path not the wrong one .
Nope . Wordpress is not a good one . Better look for another . You have to buy a domain and look for a web hosting service . You can find a bunch of cheap ones . Just search for them . Also think of some unique ideas because faucets these days are really similar . They just differ on rates .
Topic: Is it profitable to run a Bitcoin faucet in 2017 - page 9. (Read 10409 times)
most bitcoin users would not tend to waste of their time on collecting very small amounts on faucets,so it would not profitable.
If you are talking about experienced users, then that may be true. Very few of them will be interested in the faucets. But noobs are not like that. I have seen new users spending (or wasting) hours of their time on various faucets. And the saddest part is that in 90% of the cases, these users will not have the patience to keep on clicking until they reach the payment threshold.
Indeed but sometimes even experienced users visit a faucet. That is if he is bored and have nothing to do and wanted to earn satoshi in his free time. Once a habit is always a habit. Others tend to get satoshi ina faucet while they are trading. And I have a habit of doing it myself.
Ultimately you may end up paying higher transaction fee than all your faucet profits combined.
It will bite you in the ass in the and especially now, when main wallet of every wallet user - Xapo, is no longer offering a fee-less transactions.
most bitcoin users would not tend to waste of their time on collecting very small amounts on faucets,so it would not profitable.
If you are talking about experienced users, then that may be true. Very few of them will be interested in the faucets. But noobs are not like that. I have seen new users spending (or wasting) hours of their time on various faucets. And the saddest part is that in 90% of the cases, these users will not have the patience to keep on clicking until they reach the payment threshold.
Indeed but sometimes even experienced users visit a faucet. That is if he is bored and have nothing to do and wanted to earn satoshi in his free time. Once a habit is always a habit. Others tend to get satoshi ina faucet while they are trading. And I have a habit of doing it myself.
most bitcoin users would not tend to waste of their time on collecting very small amounts on faucets,so it would not profitable.
If you are talking about experienced users, then that may be true. Very few of them will be interested in the faucets. But noobs are not like that. I have seen new users spending (or wasting) hours of their time on various faucets. And the saddest part is that in 90% of the cases, these users will not have the patience to keep on clicking until they reach the payment threshold.
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?
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?
These days I dont think bitcoin faucets is really profitable only if advertisement on the site is bringing some level of decent income and even these days where bitcoin is now over 1k dollar then I see faucets sites giving 5 satoishis every 24hours because of running it might be too high. At the same time if it can be directed towards Newbies coming into the crypto-world I guess some people might be interested and no matter how since its free, its still worths it...
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In my view, nothing related to faucets (rotators, lists, ownership, claiming) is worth your time. If it's a really good faucet with tactically placed advertisements, several cleverly utilised ways to make money, lots of traffic etc, then it will make a profit (otherwise they wouldn't exist, right?) but generally starting a new faucet won't be worth it because unless you're one of the most established faucets out there (moonbitcoin, freebitcoin, elenafaucets etc) you won't make much or any money and it takes more effort than it's worth to reach that kind of status.
most bitcoin users would not tend to waste of their time on collecting very small amounts on faucets,so it would not profitable.
I do not agree with you. Bitcoin is becoming popular day by day. And new users prefer to get Satoshi free. And they are beginning to do it is often in such services
Bitcoin users nowadays are aware that bitcoin faucet are total waste of time. Even if you are running the best faucet site out there, you still wouldn't earn that much compared to how much money you should be earning if you chose to learn how to trade altcoins instead or if you choose to get an actual job. Maybe for someone who already knows how to set up a bitcoin faucet site and put advertisements in it, bitcoin faucet can be profitable because he didn't invest that much time studying how to do so and he doesn't have to spend much time creating the website itself. Otherwise, you're better off doing other things. There's tons of opportunities online, don't limit yourself on the very basic ones.
most bitcoin users would not tend to waste of their time on collecting very small amounts on faucets,so it would not profitable.
I do not agree with you. Bitcoin is becoming popular day by day. And new users prefer to get Satoshi free. And they are beginning to do it is often in such services
For new users, there is a great possibility that they will be looking at getting free satoshis. However, like you said, bitcoin is getting more and more popular. The prices of bitcoins is proportionally increasing along with its popularity. Hence, the value you give away in faucets also goes up and then that means you are spending more money buying views. Faucets are actually view buyer.
most bitcoin users would not tend to waste of their time on collecting very small amounts on faucets,so it would not profitable.
I do not agree with you. Bitcoin is becoming popular day by day. And new users prefer to get Satoshi free. And they are beginning to do it is often in such services
most bitcoin users would not tend to waste of their time on collecting very small amounts on faucets,so it would not profitable.
I am not sure if running such websites can be profitable, but i think it is a huge waste of time. When adsense banned faucets it has been since more and more hard to monetize those sites. Some are still trying using others monetization possibilities like pop up, ect. Another problem is the huge amount of cheaters using bots, VPN/VPS proxies. No advertiser is interested in fake traffic. Some faucets like Freebitcoin/Mooncoin (not sure if the name are exact) are profitable because they have a huge members base already. Faucets come and disappea daily online so you can guess it not really works for the owners
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?
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?
I'm not running a faucet myself, but just today I checked that freebitco.in transfered over 0.13 BTC, and that's for one week only, to their users. I think it's profitable if they are doing this for years already.
I think the amount of your initial investment depends mostly on how much your faucet will be giving and on how many users you will have. The more users the more you have to pay, but on the other hand you can make money on ads on your site if you have a lot of daily visitors.
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?
Faucet can be still profitable if your website has many visitors or many collectors and depends on your methods and ads that you apply on your faucet i created my own btc faucet but i can't handled it because im always busy at school so idecided to sell it. 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. If you use the right methods, then you may be able to earn a lot more in (advertisement) revenues when compared to the expenses. Keep in mind that you need to set a slightly harder threshold. If your faucet is giving 0.001 mBTC at a time, then make the threshold 0.1 mBTC. The user needs to visit the site 100 times, before he can withdraw the payment. Only a very few are going to have that much patience.
The idea is good but if people have no such patience who will watch your ads? Your crane will just be ignored. Now even the number of cranes decreased because bitcoin is very low cost and there are many sites in traditional currencies where the pay is higher. 
I think there are lots of faucet in the internet and the most visited is said to be having a big giveaway.
I think the people want to earn fast but through faucets it must really take time and patience. I think there must be somewhat like bonuses that will really make bitcoin users visit your faucet.
Yes ,many bitcoiners want to earn many bitcoins in a faucet. But on the owner side it is hard because he needs to fund the hosting to run due to its faucet income per click and maximum claims per day he needs big capital for that .What if the faucet is not that to known and not visited as always he is the one who suffered . Why not if you want to take risk . A faucet will only profitable to the owner if he have many visitors and players on his site. It is just like a gambling house ,more players more income . I think the people want to earn fast but through faucets it must really take time and patience. I think there must be somewhat like bonuses that will really make bitcoin users visit your faucet.
I think there are lots of faucet in the internet and the most visited is said to be having a big giveaway.
I think the people want to earn fast but through faucets it must really take time and patience. I think there must be somewhat like bonuses that will really make bitcoin users visit your faucet.
Yes ,many bitcoiners want to earn many bitcoins in a faucet. But on the owner side it is hard because he needs to fund the hosting to run due to its faucet income per click and maximum claims per day he needs big capital for that .What if the faucet is not that to known and not visited as always he is the one who suffered . Why not if you want to take risk . A faucet will only profitable to the owner if he have many visitors and players on his site. It is just like a gambling house ,more players more income . I think the people want to earn fast but through faucets it must really take time and patience. I think there must be somewhat like bonuses that will really make bitcoin users visit your faucet.
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?
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?
It is only profitable I think for the owner of the creator of faucets. But for the community like me I think it will only be good to me for the starting only but as time goes by it wouldn't good as much.
After adsense banned faucets, i don't think it is profitable anymore to run such site
Thank you everyone, who shared your answers and suggestions. I appreciate your comments. I think that I will give a try to run a faucet this spring. Starting budget is 1 BTC. We'll see how it goes.
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