Author

Topic: Why do faucets fail? (Read 301 times)

legendary
Activity: 1148
Merit: 1048
March 31, 2016, 04:29:51 AM
#5
Thanks guys, I did not expect so earnest of a response, it is appreciated. It seems for all the responses that bots are the game changer, the presence of the bots forces considerations (the certainty of making manual payouts vs the inefficiency of doing this for many users)(having an attractive claim size vs being subject to said claim size in the event of faucet abuse). Programming for me pretty much stops at hello world in basic, so I may have to ponder on this one. About to lay it down for the night, but this will give me something to chew on as I drift off Wink

Thanks again , and if anyone else has anything to add, by all means please do so. Perspective is invaluable Cheesy
sr. member
Activity: 308
Merit: 250
March 31, 2016, 03:18:17 AM
#4
The main reason why faucets do not work is: bots.
They simply remove too many satoshis out of the system.

Without bots, rewards would be higher, no need 2nd captchas or antiboits or exceeded faucet limits.
That would lead to more users, better traffic and better profits for users and owners.

I suppose even Adsense would accept faucets again.

I agree most likely of bots, that's why a lot of faucets die every single day.
hero member
Activity: 959
Merit: 500
March 31, 2016, 02:52:29 AM
#3
The main reason why faucets do not work is: bots.
They simply remove too many satoshis out of the system.

Without bots, rewards would be higher, no need 2nd captchas or antiboits or exceeded faucet limits.
That would lead to more users, better traffic and better profits for users and owners.

I suppose even Adsense would accept faucets again.
hero member
Activity: 1190
Merit: 525
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March 30, 2016, 10:52:34 PM
#2
Many faucets fail because owners don't give enough effort to make this right, or they don't have much knowledge about programming. To be successfully faucets need original design, if you add more pages on faucet operation you can earn more (using more pages, more ads to show).

If faucet owner add some features it can be more interesting to users, so more of them will use it. There is many creative ways to do it,but need knowledge about site creation, etc. Another trick to make it profitable is use all publisher sites possible. Doesn't matter if it will give you 3 cents for 1000 views, every satoshi counts.

To prevent bots, hackers and another nasty people would be good if faucet owner makes the payments manually. So he can prevent himself from these issues. (This is why to have your own faucet design and programming skills).

Anyway in the end you need Adsense approval to make the biggest part of profit. If they don't accept you or ban you, hard to know if the faucet won't fail... I'm not an active faucet owner, but it's what i mean about how to make it really good.
legendary
Activity: 1148
Merit: 1048
March 30, 2016, 10:07:32 PM
#1
Over the time I have been fooling around with bitcoin, I have always been intrigued with faucets. The concept is pretty alien. Literal free money, but almost worthless amounts at a time. It'd be like if someone stood on a corner handing out slivers of cut up penny. Intellectually, I understand the concept. They advertise at you, and give you back a percentage of the earnings.

Now the question is, why doesn't this work? Are there a lot of operational costs going on behind the scenes that eat up profit? Are there that many people using a given faucet , and if so, why don't all those guys mean even more profit, if it's derived from traffic? I would greatly appreciate it if a faucet operator would take the time, if they feel gregarious, to explain the quick and skinny of operating a faucet? It's something I'm interested in possibly getting behind, but I want to understand why so many of these particular business ventures fail.

Thanks in advance Wink

Edit: cleaned that up, t9 is fail.
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