Running faucet business in 2023 still possible? - page 2.

Synchronice

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Quote from: KiaKia on August 18, 2023, 06:15:18 AM

From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .

Running Doge coin and few other old cheap coins like Litecoin Faucet is still doable, I can even add the likes of Shiba too, where do you think I should start from? What do I need to learn about?

Lastly, what advice do you have for my goal?

You have to keep in mind how you are going to monetize your website. Can you run google adsense or any other high paying ads network? How much will be your pay per click, cost per 1000 impression. You have to keep in mind that you shouldn't give away more than you earn via ads and at the same time, you shouldn't give away amount that won't be attractive for people.
Personally, I wouldn't run a faucet business simply because I know my audience wouldn't be wealthy people since they are looking for some free satoshis that doesn't even worth 1 cent. Also, keep in mind that you have a competitor freebitco that not only is well-established company that runs faucet but it also offers dice and other casino games with interest on deposit.

Ayers

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Quote from: crwth on August 25, 2023, 02:19:58 AM

Quote from: Ayers on August 24, 2023, 02:22:05 AM

~snip
Indeed, collecting bitcoins from the faucet would really be a waste of our time these days. Things are not what they were in years past and we need to accept that fact. @crwth, if you think bitcoin income through faucet still works. I really want to know, are you still doing that? Or did you yourself stop looking for bitcoin that way? No one denies that faucets used to bring us a lot of bitcoin, but today that is outdated and no longer relevant.

I'm not sure how it came up on how I think it still works, I just said that the people back then who don't believe in faucets have probably believed now because of how high the BTC value is now compared to back then. Anyway, to answer your question, I don't do that anymore. I don't see Bitcoin that way anymore. It was just a few months when I first discovered Bitcoin and I have read here that it is a waste of time but looking at it now, you could have made significant money if you just continued to do it.

If so, I will be luckier than you as I am someone who used to collect satoshi from various faucets as well as play games to get satoshi at a time when bitcoin price was very cheap. Can't say I got great rewards from it but also got some profit from faucet. But to be honest, many times I have gone back to my account on freebitco.in to try to collect bitcoins but things are very different. I feel that is no longer efficient and just a waste of time if we just focus on faucets to collect bitcoins.

Like I said, I don't deny that it used to be very profitable, but things are much different now, and that's why we no longer see many working faucets nor no one mention it.

Here's my remaining bitcoins, LOL. I think if someone wants to earn bitcoin these days, there are other more efficient ways.

crwth

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Quote from: Ayers on August 24, 2023, 02:22:05 AM

~snip
Indeed, collecting bitcoins from the faucet would really be a waste of our time these days. Things are not what they were in years past and we need to accept that fact. @crwth, if you think bitcoin income through faucet still works. I really want to know, are you still doing that? Or did you yourself stop looking for bitcoin that way? No one denies that faucets used to bring us a lot of bitcoin, but today that is outdated and no longer relevant.

I'm not sure how it came up on how I think it still works, I just said that the people back then who don't believe in faucets have probably believed now because of how high the BTC value is now compared to back then. Anyway, to answer your question, I don't do that anymore. I don't see Bitcoin that way anymore. It was just a few months when I first discovered Bitcoin and I have read here that it is a waste of time but looking at it now, you could have made significant money if you just continued to do it.

armanda90

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Quote from: dansus021 on August 23, 2023, 08:41:44 PM

Adsense is very hard to get nor the 3rd party app I dont think the faucet business is profitable business unless you made a site like gambling site or news site with faucet to gain user maybe it could turn profit Faucet that I know is freebitcoin that turned into a gambling site.

Advertising faucet to earn adsense is not worth yet because possibility with your adsense account suspend due the same IP access and looks your ads clicked trough cheat, but advertising website or our business to make popular still worth trough faucet claiming. Its difference thing with
freebitcoin still exist until right now and becoming most oldest website faucet because their website linked with gambling platform, not only focus with faucet claiming but also in freebitcoin you can find high and low betting games.

OP want to ask about worth or not advertising some project trough faucet claiming, during not spent much money for faucet reward I think keep worth and project advertising trough faucet will faster become popular than have to paid advertising.

Ayers

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Quote from: xSkylarx on August 23, 2023, 03:13:26 AM

Quote from: Silberman on August 22, 2023, 11:43:42 PM

Quote from: crwth on August 22, 2023, 07:52:49 AM

The irony with this is people who have experienced faucets back in the day and are saying that it's a waste of time, have probably changed their minds when it increased in value now. You could've got a lot of money if you managed to do it religiously.

For business purposes, maybe you can do it with research of it first and see if there are still existing faucets that run their business now.

Without a doubt we were wrong about it, there were many faucets and someone that mindlessly clicked the many ads to claim from a faucet and was smart enough to not spend it and did so for at least a year would have accumulated a decent amount of bitcoin, this is why some people are trying to replicate that success and want to claim from faucets as well, however the circumstances have changed since then and it seems that this time faucets are really a waste of time for everyone involved.

When the price of Bitcoin jumps, the sats that you are claiming every hour are too few, and we know that before it is also a waste of time because you can't get enough sats if you don't claim at least a year on them, which is also the problem as others tend to close down when they see that there are people that have already accumulated Bitcoins, so it is still a waste of time, and always you are just making the owner rich because he is earning per unique visits on the website and also by accidently clicking the ads.

Indeed, collecting bitcoins from the faucet would really be a waste of our time these days. Things are not what they were in years past and we need to accept that fact. @crwth, if you think bitcoin income through faucet still works. I really want to know, are you still doing that? Or did you yourself stop looking for bitcoin that way? No one denies that faucets used to bring us a lot of bitcoin, but today that is outdated and no longer relevant.

dansus021

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Adsense is very hard to get nor the 3rd party app I dont think the faucet business is profitable business unless you made a site like gambling site or news site with faucet to gain user maybe it could turn profit Faucet that I know is freebitcoin that turned into a gambling site.

xSkylarx

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Quote from: Silberman on August 22, 2023, 11:43:42 PM

Quote from: crwth on August 22, 2023, 07:52:49 AM

The irony with this is people who have experienced faucets back in the day and are saying that it's a waste of time, have probably changed their minds when it increased in value now. You could've got a lot of money if you managed to do it religiously.

For business purposes, maybe you can do it with research of it first and see if there are still existing faucets that run their business now.

Without a doubt we were wrong about it, there were many faucets and someone that mindlessly clicked the many ads to claim from a faucet and was smart enough to not spend it and did so for at least a year would have accumulated a decent amount of bitcoin, this is why some people are trying to replicate that success and want to claim from faucets as well, however the circumstances have changed since then and it seems that this time faucets are really a waste of time for everyone involved.

When the price of Bitcoin jumps, the sats that you are claiming every hour are too few, and we know that before it is also a waste of time because you can't get enough sats if you don't claim at least a year on them, which is also the problem as others tend to close down when they see that there are people that have already accumulated Bitcoins, so it is still a waste of time, and always you are just making the owner rich because he is earning per unique visits on the website and also by accidently clicking the ads.

traderethereum

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Quote from: DanWalker on August 22, 2023, 09:26:45 AM

Quote from: traderethereum on August 22, 2023, 08:10:45 AM

If you want to create a faucet site, you can give the Shiba faucet a go because Shiba has a lot of fans and they will be happy to see another Shiba faucet.
But it's not easy because you must keep an eye on people who want to earn more Shiba by using multiple accounts.
And usually the faucet site has advertisements on the site so that the site owner can also get additional income.
But I don't know where you can start learning to make faucets because I've never tried to make one.

Why Shiba and not other coins? Any coin has fans and investors, and we have more potential, quality coins than Shiba. Why choose the memecoin for your faucet business, and not the top coins? Furthermore, I think the faucet business is no longer relevant to today's market. Let's take a real example of ourselves, are you currently earning free coins from any faucet? Almost no one is interested in it even newbies. That's why the bitcoin faucet has been defunct for years now.

That's just an example but trying it with the Shiba faucet site is fine too, to see how much interest there is from the visitors.
Choosing a top coin like bitcoin as a faucet might not give good results because the reward they are receiving now is already very small.
They have to try for a long time before collecting a lot of satoshi.
But many people would be interested if it were a faucet for coins like Shiba or others where the price was still low.
That's why @OP must do research before making his choice in making a faucet site.

lixer

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Quote from: Bitcoin_people on August 20, 2023, 11:41:02 PM

If you want to start a business from these cheap coins then you must know about their advertising. First of all you need to be well versed with the coin and know in detail when it will be profitable to invest in it. Also if you are trading for profit then I think it is better not to invest in such coins but find much better crypto that will give you profit from there. But if you use such calls then I can see you won't get much profit from here but some amount of profit but it won't be good for you at all.

This is not about trading, it is about starting a faucet, do you even know what a faucet is? I bet you don't because you sound like you are not very old in this industry. Let me tell you what a faucet is, it is a website where you go, either sign up or enter your public address for the coin that the faucet is for, if it's a Bitcoin faucet, you will enter your Bitcoin address and claim a small amount of Bitcoin for free for a specific period, once that period resets, you can claim again.

Faucets used to be a trend when Bitcoin wasn't this popular, I still remember using several faucet rotators and claiming free satoshis from a bunch of different faucet sites, the amount used to be small even then when the price of Bitcoin was hardly around $400 or something but it used to be fun.

Silberman

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Quote from: crwth on August 22, 2023, 07:52:49 AM

The irony with this is people who have experienced faucets back in the day and are saying that it's a waste of time, have probably changed their minds when it increased in value now. You could've got a lot of money if you managed to do it religiously.

For business purposes, maybe you can do it with research of it first and see if there are still existing faucets that run their business now.

Without a doubt we were wrong about it, there were many faucets and someone that mindlessly clicked the many ads to claim from a faucet and was smart enough to not spend it and did so for at least a year would have accumulated a decent amount of bitcoin, this is why some people are trying to replicate that success and want to claim from faucets as well, however the circumstances have changed since then and it seems that this time faucets are really a waste of time for everyone involved.

Pejoh Asu

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Quote from: KiaKia on August 18, 2023, 06:15:18 AM

From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .

Running Doge coin and few other old cheap coins like Litecoin Faucet is still doable, I can even add the likes of Shiba too, where do you think I should start from? What do I need to learn about?

Lastly, what advice do you have for my goal?

I think it depends on the cost of living in a country or place, if the monthly cost of living is less than $100 and with a faucet they can make more than $100 of course it's still ideal, but where I am currently it costs at least $300 and I think it's very difficult to rely on faucets to live.

DanWalker

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Quote from: traderethereum on August 22, 2023, 08:10:45 AM

If you want to create a faucet site, you can give the Shiba faucet a go because Shiba has a lot of fans and they will be happy to see another Shiba faucet.
But it's not easy because you must keep an eye on people who want to earn more Shiba by using multiple accounts.
And usually the faucet site has advertisements on the site so that the site owner can also get additional income.
But I don't know where you can start learning to make faucets because I've never tried to make one.

Why Shiba and not other coins? Any coin has fans and investors, and we have more potential, quality coins than Shiba. Why choose the memecoin for your faucet business, and not the top coins? Furthermore, I think the faucet business is no longer relevant to today's market. Let's take a real example of ourselves, are you currently earning free coins from any faucet? Almost no one is interested in it even newbies. That's why the bitcoin faucet has been defunct for years now.

traderethereum

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If you want to create a faucet site, you can give the Shiba faucet a go because Shiba has a lot of fans and they will be happy to see another Shiba faucet.
But it's not easy because you must keep an eye on people who want to earn more Shiba by using multiple accounts.
And usually the faucet site has advertisements on the site so that the site owner can also get additional income.
But I don't know where you can start learning to make faucets because I've never tried to make one.

crwth

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The irony with this is people who have experienced faucets back in the day and are saying that it's a waste of time, have probably changed their minds when it increased in value now. You could've got a lot of money if you managed to do it religiously.

For business purposes, maybe you can do it with research of it first and see if there are still existing faucets that run their business now.

Doan9269

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Quote from: Bitcoin_people on August 20, 2023, 11:41:02 PM

If you want to start a business from these cheap coins then you must know about their advertising.

Both the advertisement and every other efforts rendered in doing this kind of business resulted to wasted efforts, in most cases it doesn't work any longer as before as a means of making money online, maybe you could get yourself more technical skills in other aspects because faucets now is just a recommendation for those coming newly to the technology of cryptocurrency to learn from doing something by starting somewhere.

Quote from: Bitcoin_people on August 20, 2023, 11:41:02 PM

First of all you need to be well versed with the coin and know in detail when it will be profitable to invest in it.

What else do you want to research or make enquiry on when it's all about scam in most of the cases from the ones existing, presently, faucet should be treated as a learning ground and not a means to make business and make money because it isn't working as before as people have lost trust in them.

Smack That Ace

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Quote from: gunhell16 on August 22, 2023, 06:12:37 AM

Quote from: Bitcoin_people on August 20, 2023, 11:41:02 PM

If you want to start a business from these cheap coins then you must know about their advertising. First of all you need to be well versed with the coin and know in detail when it will be profitable to invest in it. Also if you are trading for profit then I think it is better not to invest in such coins but find much better crypto that will give you profit from there. But if you use such calls then I can see you won't get much profit from here but some amount of profit but it won't be good for you at all.

Faucets way back 2017 are very much profitable during this time, because I remembered these days I experienced to received Bitcoin from faucets amounting 500-1000 sats and into other crypto faucets just dogecoin I encountered to received 500-1000 doge.

But nowadays I think doing faucet business will not become like what we had before,it will become a waste of time especially to those who are here for a couple of years already, maybe for the newbie it will be fine but for other's like me I won't spend much time for this matter for sure.

Faucet is also a waste for newbies as we already have many ways to earn free money in this market. Newbies should focus on those things rather than looking for faucets with negligible and almost useless rewards. Every era will have different ways of making money, faucet business is no longer profitable but instead airdrop, testnet, retroactive...why don't we focus on new ways? Just like when we talk about investing, why are we criticizing investors in traditional assets and ignoring bitcoin? We should keep up with the trend and the times, not go against the evolution.

gunhell16

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Quote from: Bitcoin_people on August 20, 2023, 11:41:02 PM

If you want to start a business from these cheap coins then you must know about their advertising. First of all you need to be well versed with the coin and know in detail when it will be profitable to invest in it. Also if you are trading for profit then I think it is better not to invest in such coins but find much better crypto that will give you profit from there. But if you use such calls then I can see you won't get much profit from here but some amount of profit but it won't be good for you at all.

Faucets way back 2017 are very much profitable during this time, because I remembered these days I experienced to received Bitcoin from faucets amounting 500-1000 sats and into other crypto faucets just dogecoin I encountered to received 500-1000 doge.

But nowadays I think doing faucet business will not become like what we had before,it will become a waste of time especially to those who are here for a couple of years already, maybe for the newbie it will be fine but for other's like me I won't spend much time for this matter for sure.

ultrloa

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Quote from: KiaKia on August 18, 2023, 06:15:18 AM

From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .

Running Doge coin and few other old cheap coins like Litecoin Faucet is still doable, I can even add the likes of Shiba too, where do you think I should start from? What do I need to learn about?

Lastly, what advice do you have for my goal?

Yeah its still possible to run a faucet and earn from advertisement but don't expect any huge profit upon running that one since to many people now are not seeing those faucet as good platform to spend their time with, so you need to became more creative on marketing your created platform to newbies so that they will try and engage to the site you created.

My advice to you is to try since you might earn little success with that especially if people knows that your site is legit and paying those people who do their effort on your faucet.

bayu7adi

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dont be greedy

I have yet to come across a faucet that aligns with the compensation earned through the tasks accomplished thus far. Incidentally, I find a greater inclination towards delving into the realm of acquiring knowledge as opposed to allocating my time to faucets.

For those among you who find themselves in dire need of swift finances, experimenting with faucets might be an option. However, I have a more promising suggestion to offer – venturing into the realm of selling food in bustling locales rather than engaging in faucet activities.

Nurturing a business mindset is of paramount importance for the present generation.

xSkylarx

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Quote from: KiaKia on August 18, 2023, 06:15:18 AM

From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .

Running Doge coin and few other old cheap coins like Litecoin Faucet is still doable, I can even add the likes of Shiba too, where do you think I should start from? What do I need to learn about?

Lastly, what advice do you have for my goal?

You can earn profit by its advertisements that are all over the website, though comparing the website traffic right now to before, it is really only a few people who will visit your website for sure as they are aware that it is just a waste of their time and also that only the owner of it got rich, which is true, but still, you can run it on your own right now as there will be still new people that are visiting your website and claiming some sats, which is where they start to learn Bitcoin. You can try to run a faucet site and advertise it everywhere to see if it is still worth it. Capital is not that huge on this, so take the risk.

Topic: Running faucet business in 2023 still possible? - page 2. (Read 646 times)