The Bitcoin Faucet Part 2

Premium Faucet Network

Welcome to Part 2 of The Bitcoin Faucet!

Where we discuss anything and everything about Bitcoin and Altcoin faucets.

If you missed the first part you can read The Bitcoin Faucet Part 1 here.

The last week has been quite exciting with a lot of ground work covered with some ups and downs so there is quite a bit of information to share and report on.

Sometime we find things that are too good to be true and as an experiment I tried this with my account.

Please watch the video to see how this faucet auto betting works and then I will explain what happened when I tried this with my account…

VIDEO – FreeBitcoin Faucet Auto Bet Tool earns 40 000 Satoshi per hour!


Don’t be tempted to try this if you not sure what you doing.

We do not recommend gambling! If you do this, it is at your own risk and you have been warned.

If you don’t understand this video, here is a simple explanation.

This is basically gambling and you are setting up an auto system to bet for you in hopes of winning.

You set how much Bitcoin / Satoshi you want to bet which should always be set to 1 Satoshi, if you loose this the system doubles the betting amount until you win.

In order to do this successfully you need to have a significant amount of Satoshi in your account to cover all the inevitable losses and understand how the settings work.

You set the minimum winning amount to X amount Satoshi, like in the video and the system plays until you reach this winning amount or more.

FreeBitcoin Auto Bet Screen

So what happened when I tried this?

I lost 22 000 Satoshi that was accumulated in my account from free claims.

Why did I lose?

Because I had the setting identical as in the video.

In the video the guy has about 220 000 Satoshi and I tried this with 22 000!

Which means instead of setting the “STOP BETTING AFTER” “PROFIT” tab to 100, I should have set it to 10 considering the low amount of Satoshi that was available to support losses.

Hopefully this all makes sense but please feel free to ask questions in the comment section below.

Even though this can work for some it didn’t work for us so it was a bit of a failed experiment. We might try this again with 220 000 Satoshi but it will be the last if we loose this amount to either prove that the system isn’t as flawless as presented on YouTube or it is in fact reliable if done properly.

 

NEW FAUCET


This week we have found another faucet to try out.

It is still new (2017) so hard to determine how safe it is but once we reach the withdraw threshold, we will report if it was a success or not.

Premium Faucet Network

Premium Faucet Network

Timer: No time limit!

Reward (Current Average): 15 Satoshi as fast as you can claim

Referral Commission: 33{87e56780531fb49397975d6ccdf5fd583fe12882c640bab7ecd9d9198b593911}

Bonus Features: It is possible to earn over 50 000+ Satoshi per day with this faucet without support from referral earnings.

 

REFERRAL RESULTS & EARNINGS REPORT


Due to having a full time job this all takes extra time, I have to use the faucets, research if they safe, apply strategies to get referrals and write the articles on my website providing screenshots, videos, links and all the information + helping all our referrals via email, comments and other platforms via PM’s 🙂

A goal has been set to try and build a team of 1000 active referrals and this might take a long time but that is what we aiming for.

Currently we are far off this mark but at the same time we just got started.

If you keen on joining some faucets and earning free Bitcoin here is a LIST of all the ones we use. Just scroll down through the article and the list is there.

We try to update this list as often as possible but a few faucets will be listed in later posts, like this one with Premium Faucet Network.

 

Here are a few screenshots of current progress from some top faucets (1st August 2017):

This has officially turned into a passive income stream, a very small one for now but with infinite potential!

COINPOT REFERRAL COMMISSIONS – CENTRAL MICRO-WALLET FOR 6 FAUCETS

MOON BITCOIN / MOON LITECOIN / MOON DOGECOIN / MOON DASH (NEW) / BONUS BITCOIN / BITFUN

CoinPot Referral Commissions

BONUS BITCOIN – 10 REFERRALS – 29 284 SATOSHI

Bonus Bitcoin Referrals & Commissions

There is also a 5{87e56780531fb49397975d6ccdf5fd583fe12882c640bab7ecd9d9198b593911} daily bonus for the total of daily claims you and all your referrals make.

This is today’s total, 90{87e56780531fb49397975d6ccdf5fd583fe12882c640bab7ecd9d9198b593911} of this total is from referral claims as I didn’t have much time to make a lot of claims today.

Bonus Bitcoin Daily Extras

BTC CLICKS – 17 REFERRALS – 7216 SATOSHI

BTC Clicks Referrals & Commissions

MOON BITCOIN – 6 REFERRALS – 6069 SATOSHI

Moon Bitcoin Referrals & Commissions

BITFUN – 5 REFERRALS – 10 299 SATOSHI

BitFun Referrals & Commissions

SUNBTC – 11 REFERRALS – 1075 SATOSHI

SunBTC Referrals & Commissions

WORLD OF BITCOIN – 7 REFERRALS – 376 SATOSHI

World of Bitcoin Referrals & Commissions

WE LOVE BITCOIN – 6 REFERRALS – 2727 SATOSHI

We Love Bitcoin Referrals & Commissions

MOON LITECOIN – 5 REFERRALS – 104 940 LITOSHI

Moon Litecoin Referrals & Commissions

These are just some of the faucets we use and should give you an idea of what to expect at the beginning stages with faucet referrals and commissions.

 

Last but not least you may be very interested to join this forum where many of these faucets are discussed in details.

A community can cover a lot more information than just one individual so I will do my best to provide sources where you can get updates and more information.

Beer Money Forum Free Signup

The Bitcoin Faucet Part 3

 

Please comment below should you need assistance or have any questions.

You can also warn and help the community by reporting a improper faucet or similar site or if you have something interesting to share with the audience.

Will be glad to help you in anyway I can.

Kind regards,

Kamil

5 Comments

  1. Kristian

    I find the whole concept of crypto-currencies very confusing and just don’t see where the value is retained in them?

    When you add the confusion of crypto-currencies to a bit of gambling, it looks even more bewildering to me.

    Is this the way that the crypto-currency play is going now that mining is so unprofitable?

    Reply
    1. Kamil (Post author)

      Hi Kristian

      I find it confusing that someone who is confused about cryptocurrency value determines that mining is unprofitable :p

      How did you come to this conclusion and do you understand mining pools and the process of problem solving?

      Mining can be very profitable if done correctly using the right hardware.

      I’m not 100{87e56780531fb49397975d6ccdf5fd583fe12882c640bab7ecd9d9198b593911} sure what the cryptocurrency future holds but I speculate when Bitcoin runs out (since there are only 21 million coins) then things are going to get VERY interesting! Most likely raising the value of Bitcoin and many other Altcoins.

      Crypto will most likely replace credit cards, it’s already happening. 

      Reply
  2. Beth Charron

    Hey Kamil This is a great post and I have joined all the free bitcoin faucets that you have recommended in previous posts. These are great as you earn bitcoin just by doing a captcha puzzle. I will be doing the betting on freecoin as soon as I get more satoshi and I will do the STOP BETTING AFTER” “PROFIT tab at 10 as you suggested. I will see how that goes. In the mean time I will be a part of everything you recommend as you have not steered me wrong. Have a fabulous day

    Reply
    1. Kamil (Post author)

      Hi Beth

      That sounds great but PLEASE just be careful with the betting, the system (ai) studies your pattern very quickly and will turn up many loosing rolls in a row.
      Don’t click too much because it WILL take all your Satoshi eventually and I really don’t want you to loose money.

      Most these faucets on the list are safe and if anything changes I will notify people as soon as possible. I would just suggest you try withdraw from “We Love Bitcoin” when you reach 6000 Satoshi because when I tried they were out of funds! That’s what the message said so I am not using this faucet till they pay.

      The others are all working perfectly so far.
      Will be sharing a new post this week with details for 2 more reliable faucets:

      Satoshi Wars
      Bitter io

      Thank you kindly for all your support Beth and hope you have managed to get some referrals to build those passive income streams.

      Regards,
      Kamil

      Reply
      1. Beth Charron

        I will take your advice and I will join the two new faucets

        Reply

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