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Topic: Reasonable Prize (Read 1039 times)

hero member
Activity: 560
Merit: 500
December 04, 2015, 03:51:04 PM
#31
There are bots claiming the satoshis at several faucets meaning these bots taking the bitcoins from the faucets doing a 0 support and claiming always till your balance reach 0 soo you sure can try a high offer but in the end of the day you will see how the support vs debit is going ,just let that for 3 or 7 days and check the results daily.
legendary
Activity: 2492
Merit: 1018
November 30, 2015, 02:09:04 AM
#30
If you could set it up to give more than whats usual, the more joiners will you have.  People can definitely do things with enough motivation. I myself with likely join if I get more.
legendary
Activity: 1470
Merit: 1079
November 30, 2015, 01:58:14 AM
#29
In the beginning keep the rewards higher to get users then lower or increase it based on your user count and ad revenue

Reward = user / adrevenue

When you calculate like this the reward amount will be too small, but you will get an idea what your reward should be...take 10% of profit and let 90% of ad revenue go to users

Users will claim as far as your faucet have high rewards...the trick is to keep these users visiting your faucet even when the reward is average...add some additional features
legendary
Activity: 1582
Merit: 1268
November 29, 2015, 07:53:39 PM
#28
(Faucet Balance) : [(Approx.Prize per claim)*(Approx. Daily Hit)] = Approx. days your faucet will be sufficent


It would give you an idea. But remember, this wouldn`t be so relaible math if your web side statistics are not stable.
hero member
Activity: 560
Merit: 500
November 29, 2015, 06:09:22 PM
#27
Well i had made one deposit of 0.03 btc at the begining,then it started to decrease slowly,it were managed around 2 months and well when i saw all claiming and no support i closed and tooke my money .
newbie
Activity: 45
Merit: 0
November 27, 2015, 05:26:47 PM
#26
I will have at least ~16 000 000 satoshi available!
newbie
Activity: 45
Merit: 0
November 27, 2015, 05:21:47 PM
#25
I had tryed to run a faucet without pay the hosting ,only having one banner from the owner.I were offering something like 300 satoshis every hours and people were complaining it were small i had some traffic and guess what the revenue from ads were very small compared what i were paying soo i had taked the funds out of faucets before get into a loss.The most well know faucets started this knowing they would loose money in the begining now they may be at profit but they always start in the red.

yes, how much in reserve is recommended?
hero member
Activity: 560
Merit: 500
November 27, 2015, 05:08:44 PM
#24
I had tryed to run a faucet without pay the hosting ,only having one banner from the owner.I were offering something like 300 satoshis every hours and people were complaining it were small i had some traffic and guess what the revenue from ads were very small compared what i were paying soo i had taked the funds out of faucets before get into a loss.The most well know faucets started this knowing they would loose money in the begining now they may be at profit but they always start in the red.
legendary
Activity: 1203
Merit: 1000
November 26, 2015, 03:05:54 PM
#23
All must be based into the ammount you have ,soo you must put the reward based on your pocket,soo maybe a 100 or 300 satoshis at begining may be the right start.

i agree. for start start with small amount.
with 1000 satoshi your faucet will quickly became popular., but you must have reserve money to hold it. if you have not enough, you better not start
hero member
Activity: 560
Merit: 500
November 26, 2015, 02:51:17 PM
#22
All must be based into the ammount you have ,soo you must put the reward based on your pocket,soo maybe a 100 or 300 satoshis at begining may be the right start.
newbie
Activity: 45
Merit: 0
November 25, 2015, 03:27:02 PM
#21
How does 800, 1000 or 1200 satohi / 180 minutes sounds like? And Also 40% referral commision! Now is that doable or too unsustainable for a startup faucet?

calculate
(2000 visitors) x (3x claim daily) x (minimum 800) = 0.048BTC  + referral earnings
you need to have daily income more  than 25$ to keep live your faucet and make any profit
2000 visitor is not a hugh traffic number, and if working good 4-5000 visitors daily is close to


Ok I see my prizes won't hold for a sustainable startup faucet, could you suggest prize settings? What would be the ideal price range?
legendary
Activity: 3444
Merit: 3469
Crypto Swap Exchange
November 25, 2015, 01:09:57 PM
#20
How does 800, 1000 or 1200 satohi / 180 minutes sounds like? And Also 40% referral commision! Now is that doable or too unsustainable for a startup faucet?

calculate
(2000 visitors) x (3x claim daily) x (minimum 800) = 0.048BTC  + referral earnings
you need to have daily income more  than 25$ to keep live your faucet and make any profit
2000 visitor is not a hugh traffic number, and if working good 4-5000 visitors daily is close to
legendary
Activity: 1146
Merit: 1006
November 25, 2015, 11:28:44 AM
#19
the one im currently trying is claim btc as u can see in my signature.. its gives between a range of satoshi... so u can earn upto 400 sats per 20 mins.. if ur lucky ... this in turn gives output higher than most of the faucets.. they also include bonuses and stuff... its fun this way..
newbie
Activity: 45
Merit: 0
November 25, 2015, 11:11:51 AM
#18
How does 800, 1000 or 1200 satohi / 180 minutes sounds like? And Also 40% referral commision! Now is that doable or too unsustainable for a startup faucet?
sr. member
Activity: 532
Merit: 251
November 25, 2015, 09:56:14 AM
#17
I like a higher reward like 1500 satoshis every 5 or 6 hours. When your income is higher than that, you could lower the wait time to 4 or 5 hours. I also like a smaller reward like 200 satoshi every 15 minutes, but that's 800 per hour, so you need a higher income to do that.
newbie
Activity: 45
Merit: 0
November 25, 2015, 09:52:52 AM
#16
Yes I am aware of that, I always compare the ratio!
full member
Activity: 197
Merit: 100
November 25, 2015, 09:50:11 AM
#15
i think when faucet tries to be hidden, it is easy to calculate reward anyway

say 888 satoshi for 888 minutes (I see some faucet like this every day).

this mean 1 satoshi / minute.
this mean 60 satoshi / hour.

and then you see it's not very good.
full member
Activity: 140
Merit: 100
November 25, 2015, 08:04:52 AM
#14
My opinion is that I like faucets that have a higher reward and longer waits. That way I get more of a reward, but spend less time working for it. Some of the faucets I visit the most often can be found here freebitcoinrotator.ga   Wink

I will visit some of the sites with the smaller rewards and quicker times though if I feel it's worth it. There's also sites like http://moonbit.co.in/ that are kinda the best of both rewards. You can visit more often for smaller rewards or wait longer periods to get larger rewards. (Speed at which satoshi is added to your reward decreases with time so you have an incentive to visit more often, but don't have to)
sr. member
Activity: 336
Merit: 250
November 25, 2015, 07:59:15 AM
#13
Not only the prize, but the prize/(time to claim) ratio matters. If I have few fast claiming, moderately paying, reliable faucets in my list why do I need those tricky "high-paying" faucets with anti-bots and  confusing claiming procedures?  Smiley And lets not to forget that faucets are about advertising in a first place and cryptocurrency as a tool of  micro-payment in a second.     
newbie
Activity: 45
Merit: 0
November 25, 2015, 06:50:59 AM
#12
Aha ok thanks, I'm thinking sometinhg like 200-1500/hour , with the everage near 1000!
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