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Topic: MoneyFaucet — FREE multicurrency faucet, 9 coins+USD, earn $100/mo + 20% ref (Read 225 times)

legendary
Activity: 2086
Merit: 1282
Logo Designer ⛨ BSFL Division1
Earning 100$ without investing anything ... expect your time.
It looks to me that source of rewards are new members.
hero member
Activity: 2590
Merit: 644
~snip~
where you have to buy "upgrades" and hope that you will be the one that gets his money back...
^ Definitely right and this is what I am thinking of. After you have it the free faucet that the OP said in your balance, it will probably ask you to upgrade and do a deposit before you can withdraw. It's very sad when there is someone who will fall into this trap. This is an old strategy of hack/scam and we should stay away from this Ponzi scheme projects. Nevertheless, I never see in which part that it is a part of the gambling site.
legendary
Activity: 2016
Merit: 1107
What is the source of money you promise to the users? In other words, how did you decide to open such a platform? I don't ask the confidential information, just curious about the general working mechanism.

the source of money is the money of other users , it is obvious
this is a good old HYIP disguised as a faucet , where you have to buy "upgrades" and hope that you will be the one that gets his money back
while the ones who come later lose out after a sudden "hacker attack " "FBI site closure" or any other inconspicuous reasons to stop operations and enjoy the coins
I thought the time of this sort of things was over in 2014-2015  but it looks like it is not
and besides what is this topic doing in the gambling section ?
legendary
Activity: 3052
Merit: 1188
I am bypassing all the scam alerts here about how it is totally not sustainable to build a business like this and how this looks like a total ponzi scheme. However, even with all of that in mind, what makes this a gambling place? Why is it on gambling section to begin with?

Even if it was a legit business that did exactly what they are promising to do and if they are true to their word etc etc, we are literally talking about a place where you go claim every minute or whatever and then use that money to grow bigger and get other people under your affiliate and so forth and they claim too which makes you money too, so where is the gambling part of the website? Are the owners are basically saying "website itself is gambling, you either win or we scam you"? Is that the risky gambling part?
sr. member
Activity: 1932
Merit: 300
It's good if you claim for free. The minimum withdrawal can be reached within a week by current rate. But I'd recommend anyone not to deposit here to increase your level.
I'm trying it currently now and will update here if I'm able to withdraw from the site.
hero member
Activity: 2730
Merit: 632
Clearly a Ponzi scheme but this one is just well written to look more legit but free faucet but  having upgrades? This wont fit out on gambling board imho.
member
Activity: 82
Merit: 11
OP you're posting in the wrong section! Move your thread to this section: https://bitcointalk.org/index.php?board=207.0

Beware to this site! It's a PONZI SCHEME!
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
What is the source of money you promise to the users? In other words, how did you decide to open such a platform? I don't ask the confidential information, just curious about the general working mechanism.

This how they are making money except the first level all other level have a cost the minimum is $10 to a max of $2500. Nothing is free, very cleverly written.

Beware before investing here no guarantee you will get anything from this website.
full member
Activity: 1078
Merit: 210
★Bitvest.io★ Play Plinko or Invest!
OP why did u make this thread in the gambling section , it should clearly be in the Scam section .
legendary
Activity: 3080
Merit: 1500
A very cleaverly disguised hybrid ponzi website! In the introduction it says - No investment! And in reality, users will have to invest to unlock new coins and to get automatic profits! Lol! What a joke!

Beware! Never invest any money into such websites which offers profit against investment. The free faucet is just an eye wash! It's always better to stay away from such ponzi schemes!
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
What is the source of money you promise to the users? In other words, how did you decide to open such a platform? I don't ask the confidential information, just curious about the general working mechanism.
copper member
Activity: 2
Merit: 0

Welcome to MoneyFaucet — the first multicurrency faucet where you can make up to $100 every month without investing anything.

- Choose among 10 popular currencies, including Bitcoin, Ethereum and USD.
- 8 different earning levels for every coins: the higher your level, the more money you will earn every minute.
- The first level for every coin is FREE. You can activate several free faucets in different currencies and maximize your profits!




Referral rewards. MoneyFaucet also offers an extremely lucrative referral program where you can earn up to 20% of your referrals' income. With every new upgrade your referral profits will rise. The reward rate for each level is as follows:




Our user dashboard includes a Referrals section, where you can easily track the number of your partners and accumulated profits. You can also consult the full history of your transactions.



Depositing and withdrawing profits from MoneyFaucet is extremely easy — all you need is to add a wallet in the settings. If you'd like to withdraw USD, you can do it through Payeer and Perfect Money.

Every minute more money drips from the faucet into your glass. Whenever your 'glass' becomes full, we'll send you a sound notification to claim your earnings. As soon as you do that, you can begin earning again. Every day $ 3.33!!!



DISCOVER OUR UPGRADES

- 8 upgrade levels for each coin: each with its own upgrade fee, profit rate, and referral reward.
- Capacity: the amount of crypto you can accumulate before you need to claim the profit.
- Once you claim your profit, you'll begin earning again - and thus until the upgrade expires.




Money Faucet includes 10 currencies: BTC, ETH, USD, BCH, BTC, XRP, DOGE, TRX, DASH and XLM



Discover MoneyFaucet — the first multicurrency faucet where you can make a real profit without investments. The faucet is already live! So take a look at our site right now — choose a coin, activate the Free level and start making money!


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