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Topic: Is it smart to make a Bitcoin Faucet (Read 6951 times)

newbie
Activity: 5
Merit: 0
October 02, 2018, 04:17:53 PM
I am making a list of faucet who really paid, and paid good. There are so many faucet website now  Shocked

where will you post it??
newbie
Activity: 78
Merit: 0
September 14, 2018, 03:26:03 AM
In my opinion,making a faucet is simply misuse of time,energy and assets since you'll be purchasing AD's constantly
newbie
Activity: 5
Merit: 0
September 09, 2018, 04:31:42 PM
I guess you already answered your question. There is nothing to gain in faucets now both ways. Transaction fees are one thing and people have already learned. It's good though for getting people aware about bitcoin.
thats really good most of these faucets are scams as the way i see it. :/
full member
Activity: 268
Merit: 100
September 09, 2018, 09:23:26 AM
I guess you already answered your question. There is nothing to gain in faucets now both ways. Transaction fees are one thing and people have already learned. It's good though for getting people aware about bitcoin.
newbie
Activity: 5
Merit: 0
September 09, 2018, 09:19:16 AM
i joined a bitcoin faucet bot on telegram and i've been trying to withdraw my bitcoin to my wallet but they wont let me withdraw it says i have more accounts from that IP and asks me to pay...
newbie
Activity: 1
Merit: 0
February 13, 2018, 08:32:38 PM
I am making a list of faucet who really paid, and paid good. There are so many faucet website now  Shocked
legendary
Activity: 1092
Merit: 1000
nahtnam.com
June 03, 2014, 11:53:44 PM
Fuck it, I'm gonna make it!

And have you made it?? For the sake of this thread, it would be good to hear how all this went for you and your after thoughts.
Haha yeah I'd like to see how it goes for him as well. I suspect failure but we might be surprised.

It's only going to result in failure if he doesn't know what he's doing. If he's running a faucet to try and get rich, he's going to fail. If he is doing it for fun, he won't. If he's doing it for business purposes, he won't.
That is true, judging by the thread though the goal is to make a profit.

If you are going to do it, do it for the experience.
sr. member
Activity: 476
Merit: 256
June 03, 2014, 03:48:49 PM
Fuck it, I'm gonna make it!

And have you made it?? For the sake of this thread, it would be good to hear how all this went for you and your after thoughts.
Haha yeah I'd like to see how it goes for him as well. I suspect failure but we might be surprised.

It's only going to result in failure if he doesn't know what he's doing. If he's running a faucet to try and get rich, he's going to fail. If he is doing it for fun, he won't. If he's doing it for business purposes, he won't.
That is true, judging by the thread though the goal is to make a profit.
legendary
Activity: 1988
Merit: 1007
June 03, 2014, 12:53:32 PM
Fuck it, I'm gonna make it!

And have you made it?? For the sake of this thread, it would be good to hear how all this went for you and your after thoughts.
Haha yeah I'd like to see how it goes for him as well. I suspect failure but we might be surprised.

It's only going to result in failure if he doesn't know what he's doing. If he's running a faucet to try and get rich, he's going to fail. If he is doing it for fun, he won't. If he's doing it for business purposes, he won't.
sr. member
Activity: 476
Merit: 256
June 03, 2014, 11:25:24 AM
Fuck it, I'm gonna make it!

And have you made it?? For the sake of this thread, it would be good to hear how all this went for you and your after thoughts.
Haha yeah I'd like to see how it goes for him as well. I suspect failure but we might be surprised.
full member
Activity: 168
Merit: 100
June 03, 2014, 05:38:40 AM
Fuck it, I'm gonna make it!

And have you made it?? For the sake of this thread, it would be good to hear how all this went for you and your after thoughts.
legendary
Activity: 3766
Merit: 1217
June 01, 2014, 08:53:18 AM
No, it's not smart. Probably a waste of time for everyone involved,.

No. If you know how to make money using advertising sites such as Coinurl and Anonymous Ads, you will never say this. Yes, it is a waste of time for those noobs who try it, but not for the owner of the website.
legendary
Activity: 1092
Merit: 1000
nahtnam.com
June 01, 2014, 08:49:37 AM
I've been using a coinbase wallet for my faucet collection. If I were to open another account with coinbase and send my faucet earnings there, would I be hit with a transaction fee when I try to cash out? I have about .12 BTC in there. From what I understand coinbase to coinbase transactions have no fee. Would the .12 still be considered many small deposits or a full .12 deposit in the new account?

Yep, there are no fees so 0.12 would be fully transferred. Also, if you transact more than 0.001 BTC to any non-coinbase address, coinbase will pay the transaction fee for you!

You mean 0.01 BTC, but yes, CB will pay all the transaction fees even if going to an external address.

What I want to point out, though, is that it may not actually go through. I've had to break down transactions in the past because they kept rejecting due to the number of inputs. You might need to do 0.04x3, for example.

Actually I still get my tx fees paid for me if I send anything above 0.001 btc.

This is interesting. They apparently changed it to 0.001 as you said. Maybe this was due to the massive increase in price (the last time I looked was when BTC was $50-55 each).

There was a blog post saying that they raised the min to 0.01, but they changed it back to 0.001.

That's awesome. And thanks for the heads-up! If it weren't for you I'd have still thought they were at 0.01 (which means I've been giving incorrect information).

Lol, np.
legendary
Activity: 1988
Merit: 1007
June 01, 2014, 01:06:09 AM
I've been using a coinbase wallet for my faucet collection. If I were to open another account with coinbase and send my faucet earnings there, would I be hit with a transaction fee when I try to cash out? I have about .12 BTC in there. From what I understand coinbase to coinbase transactions have no fee. Would the .12 still be considered many small deposits or a full .12 deposit in the new account?

Yep, there are no fees so 0.12 would be fully transferred. Also, if you transact more than 0.001 BTC to any non-coinbase address, coinbase will pay the transaction fee for you!

You mean 0.01 BTC, but yes, CB will pay all the transaction fees even if going to an external address.

What I want to point out, though, is that it may not actually go through. I've had to break down transactions in the past because they kept rejecting due to the number of inputs. You might need to do 0.04x3, for example.

Actually I still get my tx fees paid for me if I send anything above 0.001 btc.

This is interesting. They apparently changed it to 0.001 as you said. Maybe this was due to the massive increase in price (the last time I looked was when BTC was $50-55 each).

There was a blog post saying that they raised the min to 0.01, but they changed it back to 0.001.

That's awesome. And thanks for the heads-up! If it weren't for you I'd have still thought they were at 0.01 (which means I've been giving incorrect information).
legendary
Activity: 1092
Merit: 1000
nahtnam.com
June 01, 2014, 12:13:05 AM
I've been using a coinbase wallet for my faucet collection. If I were to open another account with coinbase and send my faucet earnings there, would I be hit with a transaction fee when I try to cash out? I have about .12 BTC in there. From what I understand coinbase to coinbase transactions have no fee. Would the .12 still be considered many small deposits or a full .12 deposit in the new account?

Yep, there are no fees so 0.12 would be fully transferred. Also, if you transact more than 0.001 BTC to any non-coinbase address, coinbase will pay the transaction fee for you!

You mean 0.01 BTC, but yes, CB will pay all the transaction fees even if going to an external address.

What I want to point out, though, is that it may not actually go through. I've had to break down transactions in the past because they kept rejecting due to the number of inputs. You might need to do 0.04x3, for example.

Actually I still get my tx fees paid for me if I send anything above 0.001 btc.

This is interesting. They apparently changed it to 0.001 as you said. Maybe this was due to the massive increase in price (the last time I looked was when BTC was $50-55 each).

There was a blog post saying that they raised the min to 0.01, but they changed it back to 0.001.
legendary
Activity: 1988
Merit: 1007
I've been using a coinbase wallet for my faucet collection. If I were to open another account with coinbase and send my faucet earnings there, would I be hit with a transaction fee when I try to cash out? I have about .12 BTC in there. From what I understand coinbase to coinbase transactions have no fee. Would the .12 still be considered many small deposits or a full .12 deposit in the new account?

Yep, there are no fees so 0.12 would be fully transferred. Also, if you transact more than 0.001 BTC to any non-coinbase address, coinbase will pay the transaction fee for you!

You mean 0.01 BTC, but yes, CB will pay all the transaction fees even if going to an external address.

What I want to point out, though, is that it may not actually go through. I've had to break down transactions in the past because they kept rejecting due to the number of inputs. You might need to do 0.04x3, for example.

Actually I still get my tx fees paid for me if I send anything above 0.001 btc.

This is interesting. They apparently changed it to 0.001 as you said. Maybe this was due to the massive increase in price (the last time I looked was when BTC was $50-55 each).
hero member
Activity: 728
Merit: 500
Fuck it, I'm gonna make it!
legendary
Activity: 1092
Merit: 1000
nahtnam.com
I've been using a coinbase wallet for my faucet collection. If I were to open another account with coinbase and send my faucet earnings there, would I be hit with a transaction fee when I try to cash out? I have about .12 BTC in there. From what I understand coinbase to coinbase transactions have no fee. Would the .12 still be considered many small deposits or a full .12 deposit in the new account?

Yep, there are no fees so 0.12 would be fully transferred. Also, if you transact more than 0.001 BTC to any non-coinbase address, coinbase will pay the transaction fee for you!

You mean 0.01 BTC, but yes, CB will pay all the transaction fees even if going to an external address.

What I want to point out, though, is that it may not actually go through. I've had to break down transactions in the past because they kept rejecting due to the number of inputs. You might need to do 0.04x3, for example.

Actually I still get my tx fees paid for me if I send anything above 0.001 btc.
legendary
Activity: 1988
Merit: 1007
I've been using a coinbase wallet for my faucet collection. If I were to open another account with coinbase and send my faucet earnings there, would I be hit with a transaction fee when I try to cash out? I have about .12 BTC in there. From what I understand coinbase to coinbase transactions have no fee. Would the .12 still be considered many small deposits or a full .12 deposit in the new account?

Yep, there are no fees so 0.12 would be fully transferred. Also, if you transact more than 0.001 BTC to any non-coinbase address, coinbase will pay the transaction fee for you!

You mean 0.01 BTC, but yes, CB will pay all the transaction fees even if going to an external address.

What I want to point out, though, is that it may not actually go through. I've had to break down transactions in the past because they kept rejecting due to the number of inputs. You might need to do 0.04x3, for example.
legendary
Activity: 1092
Merit: 1000
nahtnam.com
I've been using a coinbase wallet for my faucet collection. If I were to open another account with coinbase and send my faucet earnings there, would I be hit with a transaction fee when I try to cash out? I have about .12 BTC in there. From what I understand coinbase to coinbase transactions have no fee. Would the .12 still be considered many small deposits or a full .12 deposit in the new account?

Yep, there are no fees so 0.12 would be fully transferred. Also, if you transact more than 0.001 BTC to any non-coinbase address, coinbase will pay the transaction fee for you!
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