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Topic: Is running a faucet still profitable? (Read 1921 times)

legendary
Activity: 1148
Merit: 1006
Black Panther
December 18, 2015, 11:55:06 PM
#51
I think the answer for your question is yes,

many beginner is looking for faucet in fact all beginner usually start from faucet,

it is just depend on you how to gain their attention and gain their trust and how you maintain your faucet payments

And a lot of faucet still running until now because they make quite big profit from advertisement
sr. member
Activity: 406
Merit: 250
December 18, 2015, 11:07:25 AM
#50
In some cases is not that profitable, doing it free is just pain in the ass. If I had a army I would just tell them to do faucets every day.
Like maybe 20 person doing faucets with your referral you can earn a lot in one day. Buy I don't think is profitable if you are doing with your own. Just do some altcoins and trade it. Is more profitable in my opinion.
hero member
Activity: 994
Merit: 500
December 18, 2015, 10:33:18 AM
#49
Faucets is fun when you are starting to know about bitcoin maybe in one day you can earn 10 cents or more and with that you will be happy.  After that you will feel sad that is waste of time. So yeah, but is still profitable for people who want to learn.
sr. member
Activity: 280
Merit: 250
December 18, 2015, 10:29:56 AM
#48
I've had a faucet but i decided to kill it. It cost quite a lot and earning back with advertisements is very difficult.
Also the hosting bills kept stacking up, so I decided to pull to plug

It doesn't surprise me at all. Faucets used to be "the thing" when bitcoin was in a bubble, and there were tons of people that were eager to try it out how
bitcoin is functioning w/o having to buy some. Now, that things have cooled down, and bitcoin is better explained on many places, the audience for
faucets is mostly made of faucet abusers, which obviously kills their point.

True, a lot of time and work comes around the corner by running a faucets and it's just not working anymore for bitcoin.
You get so little as a faucet user as well as being an faucet owner, you just don't earn enough to even hold the faucet online.
legendary
Activity: 2492
Merit: 1018
December 18, 2015, 05:25:39 AM
#47

Does it just need traffic that it will work even if its not targeted traffic? if so you can probably just use social media marketing, youtube video marketing or even use the cheaper pop-up adnetworks today which you can set for CPM.

How much is the maximum earnings of faucets by the way?
hero member
Activity: 778
Merit: 500
December 18, 2015, 05:16:42 AM
#46
For some people faucets is profitable, like for people who is starting to know about bitcoin.
25 cents a day is a lot for some peole. Faucets is also good if you want to gambling with it instead of bitcoin.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
December 18, 2015, 05:11:50 AM
#45
Well the cost of starting a faucet are very low. There are plenty of free scripts out there.

There is even no need for a bitcon deamon running. With that in mind you only have to focus on marketing and earning.

There are some CPM campains out there, but you will make more with some related b2b affiliate campaigns I think.

Else there is always Google Adsense Smiley
full member
Activity: 150
Merit: 100
Oh boy!
December 17, 2015, 05:25:00 PM
#44
Do you guys recommend using FaucetBox or some in-house system?

(For starters)
hero member
Activity: 615
Merit: 500
December 17, 2015, 02:11:30 PM
#43
In my opinion, just do it, what's the harm, from there you can find out and learn a lot about it, and you certainly will know what you should do, continue or stop, or do other alternatives.
Regarding profitable or not, I think it's back to the individual self, if you are smart and creative you can do it all.
legendary
Activity: 3290
Merit: 3011
BTC price road to $80k
December 17, 2015, 02:08:06 PM
#42
Its profitable if you manage it properly. Making a traffic is difficult because you need to distribute this on any forums.
Or Via seo and also you need to pay to advertise your site to make lots of traffic..
legendary
Activity: 1568
Merit: 1000
December 17, 2015, 01:54:53 PM
#41
I think it will be profitable for a long time since there are still many users entering the world of Bitcoin. I know when I first started I thought faucets were great, then after some time you understand they are a waist of time. Either way for many people who have the time and patience it can be a valid way to gather some BTC, specially with services like Faucet Box. In some years if the value rises a lot it could be just like the old days and those satoshis could be worth many dollars.
hero member
Activity: 994
Merit: 500
December 17, 2015, 01:51:10 PM
#40
With some proper marketing and promotions you can even sell a shoes with holes in it.
Most faucets are just simple one's. No unique selling points. just set up with 1 goal (to earn). If they webmaster would think about a new model where the player can earn without getting overhrown with a lot of ads, see what will happen.
member
Activity: 98
Merit: 10
December 17, 2015, 01:36:37 PM
#39
It could be if you have original idea and invest lot of time and resources in it before you actually get something from it. There is shitload of faucets atm and competition is huge.
You will need time,start money and good design+good domain.
Do not set reward lower than 800 satoshi,you will probably have few visitors.
sr. member
Activity: 448
Merit: 250
December 17, 2015, 01:20:17 PM
#38
You're going to need a lot of traffic to make some good money out of it. I've seen people do this and some have failed because of lack of traffic.
They have been spending more money on it then earning. It takes time and effort though to do this right.
hero member
Activity: 630
Merit: 500
PM me to buy traffic for your site!
December 16, 2015, 07:56:54 PM
#37
I've had a faucet but i decided to kill it. It cost quite a lot and earning back with advertisements is very difficult.
Also the hosting bills kept stacking up, so I decided to pull to plug

It doesn't surprise me at all. Faucets used to be "the thing" when bitcoin was in a bubble, and there were tons of people that were eager to try it out how
bitcoin is functioning w/o having to buy some. Now, that things have cooled down, and bitcoin is better explained on many places, the audience for
faucets is mostly made of faucet abusers, which obviously kills their point.
sr. member
Activity: 406
Merit: 250
December 16, 2015, 06:50:48 PM
#36
I've had a faucet but i decided to kill it. It cost quite a lot and earning back with advertisements is very difficult.
Also the hosting bills kept stacking up, so I decided to pull to plug
klf
legendary
Activity: 1344
Merit: 1000
December 16, 2015, 03:25:58 AM
#35
Faucets are still profitable. Owners need to "work" on marketing and change the faucet payout daily to match the revenue. However, I believe there is a limited market for faucets and only a certain number of bitcoin faucets can survive long term.

Yes, only new people who come to bitcoin world than they may start with faucets until they know how to make more bitcoins with same time they spend on faucets. Only few faucets will survive for long term because most of the new sites will expect profits immediately instead of attracting people to their site with new features to spend more time on there site. If people spend more time than more more money for faucet owners.
legendary
Activity: 1540
Merit: 1003
December 15, 2015, 05:19:01 PM
#34
If you are a good manager then the success will come, the key is the advertisement and the faucet system/script itself to make it easier for the users to claim the reward.
legendary
Activity: 952
Merit: 1003
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December 14, 2015, 06:19:16 AM
#33
Faucets are still profitable. Owners need to "work" on marketing and change the faucet payout daily to match the revenue. However, I believe there is a limited market for faucets and only a certain number of bitcoin faucets can survive long term.
sr. member
Activity: 280
Merit: 250
December 13, 2015, 05:54:54 PM
#32
I don't think it is profitable any more. There are just too many faucets and a lot of them (not all) are scammy ones.
To make some money with bitcoin a gambling/game site are the way to go.
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