Is it too late to use Crypto Faucets? Week 22 analysis - Getting deeper in the numbers
Still trying to catch up, but have the data for the next two weeks, I hope to get them both out this week. It takes a long time to get these data together. For the record this is the data for the week ending 3/31/2018
Can you still make money claiming from crytpo faucets? Week 22 of data analysis for my crypto faucet experiment. I started this because of typical fear of missing out,(if only I had started this, 6 months ago, a year ago it could be worth X). This is not your typical faucet post with "check out this faucet" (affiliate link). While these are my affiliate links, you will also see my transparency in reporting.
TL/DR: Lifetime Value: $20.86 (Down $3.46 from Week 21)--- Over 9,015+ claims $20.09 91.86% of earnings are from my actions, 8.14% are from referral claims.
Week 22 - Over 380+ claims for a total of $1.27 86.81% of earnings are from my actions, 13.19% - $0.17 are from referral claims.
Week 22 Breakdown
Personal Actions | Value | Referrals | Value |
---|---|---|---|
Faucet claims: | $1.10 | Referrals claims: 118 | $0.17 |
Daily Bonus: 7 | $0.03 | ||
Offers Completed: 4 | $0.03 | ||
CoinPot Mining | $0 |
Claims Claims and more Claims
Uptick in the week for me I think. I hammered BonusBitCoin for a few days.
Here is a quick breakdown by coins and value for the week
Coin | Amt Claimed | Value |
---|---|---|
BTC | .00011718 | $1.00 |
BCH | .00006575 | $0.07 |
Dash | .00018161 | $0.08 |
Doge | 26.13 | $0.10 |
LTC | .00060761 | $0.11 |
CoinPot | 509 | $.06 * |
*Price Calcuated on Conversion to BTC
There are 10 (yes I added one!) faucets I am using for this experiment, I only plan on adding more if CoinPot does. Honestly at this point it is hard to keep up with them all to maximize returns. I added FreeDoge.co.in because... well why not, its Doge, its easy and fun. Plus I don't care if I go bust gambling( Already lost 100 twice) it or giving away the Doge on here.
MoonBitCoin
MoonDash
MoonLiteCoin
MoonDogeCoin
Moonbitcoin.cash
Bonus Bit Coin
BitFun
Freebitco.in
Satoshihero
PrimeDice
FreeDogeCo.in
CoinPot Makes big changes - add Rewards Program
- 3 Tokes per faucet claim
- 1 token per referral claim
- Convert tokens to you fav coin!
Program Details
Conversation Rates
As of a week ago it was sitting at 1 token = 1.37 Satoshi. Not bad, free Satoshi for doing nothing extra. My plan is to convert these on a weekly basis to keep my reporting clean.
Lifetime Claim Data *(slight variance to total holdings due to missing claims in coinpot data)
Currency | Faucet Claims | Total Currency |
---|---|---|
BTC | Bonus Bitcoin Faucet Claim | .00061180 |
BTC | Bonus Bitcoin Daily Bonus | .00008197 |
BTC | FreeBitco.in Faucet. | .00038194 |
BTC | FreeBitco.in Hi/Lo | (.00026504) *see below |
BTC | BitFun Faucet | .00037096 |
BTC | MoonBitCoin Faucet | .00046877 |
BTC | Satoshi Hero | .00010076 |
LTC | MoonLitecoin Faucet | .0178037 |
Dash | Moon Dash | .0033461 |
Doge | Moon Dogecoin | 656.9 |
Doge | FreeDoge.co.in | 103 * |
BCH | Moon BCH | .00073933 |
Offers | ||
BTC | MoonBitCoin | .00009080 |
BTC | Bonus Bitcoin | .00000080 |
BTC | BitFun | .00001190 |
Referrals | ||
BTC | FreeBitco.in Referral | .00006063 |
BTC | BitFun | .00007698 |
BTC | Moon Bitcoin | .00009428 |
BTC | Satoshi Hero | .00000467 |
Mining | ||
BCH | CoinPot Mining | .00002656 |
LTC | CoinPot Mining | .00005574 |
DASH | CoinPot Mning | .00019045 |
Other | ||
CoinPot Tokes | CPT | 509 |
* Loses include HI/LO and bonuses.
Is it too late? Removing price volatility.
The graph below tries to remove the price volatility from my faucet claims results by using a static prices based on the price of the first day I started to claim from that faucet. The dip is crushing me....and I am a long ways from my all time highs. I had hoped to clear $100 USD in the year but at this rate, I really need some good price support to get there.
Upcoming
Give me your thoughts or details you want to see.
Coins mentioned in post: