Bitcoin BTC Faucet Highest Paying Faucet & Rotator

The Challenge

This challenge is intended to help to get off the ground with all things Bitcoin (Ƀ).
So, get started, share experiences and ideas. Ultimately, maybe, make some money.
The Bitcoin Challenge:
Best Deal: Get $10 a day in BTC for watching videos
submitted by fatboy_slimfast to CanDoFundraising [link] [comments]

Erowid, a non-profit drug educational organization, gives a detailed look at how they used Bitcoin as a source of donations since March 2011

I recently sent Erowid a question about their Bitcoin donations (the quoted parts) and I got an extremely detailed reply about their history with Bitcoin donations. Thought I would share.
But first, here is a link for donating with a wide range of crypto-currencies.
I'm a regular user of Erowid and have donated some in the past and just some today: https://blockchain.info/tx/5fb862085e0803458d9e9e6ad97eebbc50c90132b161316913382249702dce46
Thanks! We really appreciate it. Bitcoin is one of the most useful and interesting new payment systems since zero-fee paypal in 1999, which has ended up nothing at all like it started. It's now a very useful email-address-based gateway to the giant international VISA/MC conglomerate. It's a handy system, but that whole transaction skimming conspiracy is a little disturbing, costly, and monopolistic.
I was looking at your address and see that it is only a month old, yet you have been accepting Bitcoin since Mar 2011. In the spirit of openness I'm curious about why you changed addresses and
Many Bitcoin advocates and technologists state that a new address for every transaction is actually the right way to improve privacy and to firewall tracking of payments and transactions. I believe that viewpoint is kind of the opposite of openness, it is based on trying to keep people's transactions more private, despite the entire BTC blockchain database being fully public and exposed.
I spent some time a couple years ago trying to get a server-based wallet set up that would generate a new address for each transaction and it wound up being a lot harder than I could get working reliably. The more unique addresses, the less erowid donors are tied together, thus a little more privacy. We will try again at some point.
Currently, we keep a local bitcoin wallet and backups and rotate the BTC addresses every month or three, depending on a variety of factors.
and how much you received on your previous ones. Also I would like to know if you hold a fraction of Bitcoin or convert all to fiat directly.
At the moment, I can give you a rough outline of how we choose when to sell bitcoins. It different than people who are on the buying end. We have always conceived of BTC as 'micro donations', but some number of people over the years (let's say 30) have asked directly to pay for a membership with BTC instead of other methods. In order for that to make sense as an organization, we need to convert those bitcoins around the time of the donation so that the donation in bitcoin results in the amount near the dollar value that the donor was offering.
So, for a t-shirt that might be a $45 donation. If/when that happens, we transfer the appropriate number of bitcoins out on or near that day to convert BTC into USD. Then we can enter that person's donation into our donation system and the accounting matches up: person gets a $45 membership, we get $45 into our bank account. Accounting is fun! :\
Further, because we are entirely a donation-based non-profit, we are always in the position of trying to have BTC donations be of non-zero USD value to the organization. That means selling them at some point. The question of when to sell them is obviously complicated.
One can view BTC as a deflating currency or an investment or a security or maybe a commodity.
We are generally conservative about them and have mostly sold the BTC we've received within a few months of their donation in order to generate USD for the organization. So, say we got 1 bitcoin 2 years ago when they were worth $30 each. If it wasn't tied directly to getting a sweatshirt or otherwise needed to wind up as a row in our banking records, I would hold onto to the coin and wait for a time when the value of BTC was going upwards and sell that bitcoin for more than it was worth when we received it. But I did not hold onto them for years, since that defeats the purpose of supporting the organization and it locks up the bitcoin trading market if everyone holds and never sells.
However, the goal is always to wind up with money in the bank sooner rather than later, since we run a business.
As far as previous addresses go, I believe that the reasoning behind the privacy concept is NOT to give out previous addresses, though obviously it's a tiny figleaf.
We sold 1 BTC last week when the value hit $500 and another this week when the value hit $600 and will probably sell again if the price continues to rise. If I had a completely configurable trading system, I would likely set a sell order for 1BTC at $675 OR sell 0.5 BTC in 14 days if the price is >= $600. My reality is that I have to make the sales manually, because I don't have a reliable trading site that delivers to my US bank.
The vast majority of total bitcoins we've sold were sold for under $30 a piece. When we opened our first bitcoin address to check out the system, The Faucet gave me 1 BTC just to help get the ball rolling. Obviously such things no longer exist and we're in a period where bitcoins are both volatile AND valuable.
We had one donor give us some bitcoin back in early December and requested we wait to sell it until it hit $1200, but ALSO required that we open a separate account at a bitcoin trading company that took two weeks to complete as the company confirmed our banking information and identity, etc. By the time we'd gotten the new account set up, we were well into the price crash and so we are holding onto that bitcoin for some future price that is closer to what the person donated it at.
On the other hand, we received several BTC last september when they were in the 100-200$ range and we sold all of those at between $800 and $1200 each in late november and early december as the price was running up. That was actually during the fall of MtGox who was our only trade location until October, 2013. I had initiated a sale of two bitcoins in early September and six weeks later, MtGox had not deposited the money in our account and had no estimate for when they would do it. Happily, they credited my account the USD, I bought BTC, and moved them back to an offline wallet.
I'm not sure how to be both transparent AND private, but I can tell you the current address is typical of better months from the last year. We currently get a few hundred dollars a month in BTC, unless we're doing a big fundraising push, in which case we get double or triple that.
With the price increase in the last 14 days, May was a good month.
Happy to answer more questions and chat about how we manage bitcoin, but the main concepts to keep in mind are : trying to limit the exposure of blockchains for privacy reasons, trying to optimize for USD coming into our budget, generally being conservative so we will choose to sell rather than hold bitcoins, and having a rule of never selling all our bitcoins but selling off parts of what we receive over time to reduce risks and exposure.
We currently use coinbase and bitpay, after having gone through 10 or so different BTC->USD systems. What we need is reliable and stable and most of the others have run afoul of the federal money cops in the US and have been shut down or had their banking connection shut down.
I'm always interested in recommendations for other trading / sales sites, but we need one that can deposit into a US bank for it to be useful for erowid center. And we need one that is stable, represents a real business, and is unlikely to poof into a cloud of oily smoke.
I see today we got a .01 and a .05 bitcoin donation to the current address, bringing our total for the last month up to .654 ish, which is great! With the price heading upwards (rather than hovering at $400), that's actually a useful amount of money. Thanks!
Looking at the charts today, it seems like a lot of people decided to start selling as the price hit 650+ and so the price had a small crash today while I wasn't paying attention.
Anyway, hope some of that is useful. Erowid Center's budget (income and expenditures) are all public information, but our list of donors is not and we do what we can to protect the privacy of the people who choose to support our controversial project.
Thanks again for your contribution! Hurray that you didn't have to pay VISA 0.35 + 2% to do it.
earth
submitted by cybrbeast to Bitcoin [link] [comments]

ADVICE - Starting first income stream

Hey, I'm a 20 year old college student (Econ/Fin major) living in a dorm and going to school. I have set aside 1k towards building an income stream (1k can be increased over time Capital isn't an issue). I am debating between a couple ways and just want to get some opinions or suggestions on what a friend and I could do.
  1. Start a website/blog teaching people about the markets (stock/economics) and how the world works. I have learned most people know nothing and I feel it is a good niche. To make money I would use ad's/affiliate links/refferal links and I might review products and services for investing from my experiences.
  2. Build a bitcoin faucet rotator and use referral links to make money from said faucets.
  3. HYIP referral business reviewing and providing my opinion on the safest and most efficient way to make money off of the high risk investments from my experience.
  4. Shopify store selling a low cost high margin product like vape juice or something.
  5. Bitcoin/micro crypto faucet website and make money from ads.
  6. Buying a pre-existing business on Flippo (Shopify/Website/FBA Amazon)
Advice? Thanks in advance btw. I have been spending too much time trying to figure out what to do and just want to start something. I have 3 weeks to build the business before school comes back. LMK
submitted by AndersonGrand to Entrepreneur [link] [comments]

Earn up to 3% ROI with Hexabot!! Join my team!

Hey guys! You know how Bitconnect is based on a trading bot, so why not have one at your disposal and reap more profit!
Hexabot is a new upcoming trading bot that is free and gives you 10,000 satoshi on sign up and with 3 different strategies making you 2% to 3% DAILY!!!!! That's twice as fast as Bitconnect! And you can set how much you want to reinvest (compound) and what to keep so if you set it to compound 50% of your profits, it will reinvest 50% of what you make and put the rest in your wallet automatically! With $60 you could be making $1000 a day in 2 years!
Now I know, "it's free" however they make their money from .0001 BTC fee on withdrawals so it can remain free! AND IT'S INSTANT! I know that may sound steep, however most bots out there cost at least $500 just to start up, that doesn't include the processing fees. Once you know that it doesn't seem all that bad!
And say you want to release whatever it is you have invested, they charge a 7% fee but that means you can withdraw your principal at any time!!! You can't do that on Bitconnect!!!!
They also have their own Bitcoin faucet so you can trickle in some satoshi to your investment hourly!
Sign Up Here and join the team!!! https://hexabot.top/?r=Vectrino314
We'll have a Discord channel soon! Let me know if you want to be a part of the channel by commenting below and I'll be releasing new content like faucet rotaters and awesome spreadsheets!
submitted by Vectrino314 to bitcoinreferrals [link] [comments]

cryptator.com

Hi everyone, I'd like to introduce the multi cryptocurrency faucet rotator(which I hope will become the best one ever :)) I just created 100% in html5 with some nice features such as:
Some features I'm working on right now are these ones: - Add faucets to your favorites - Jump to any faucet number - More cryptocurrencies - Smart faucet engine which watches faucet timers to show you only available rewards - Per faucet assistance to help you use some "confusing" ones
There are already nearly 150 faucets in the lists, that's 150 active faucets (not empty, fully working, not too confusing) and the list will grow every week as I try the faucets myself, note them, filter out popups, popunder and confusing ones, ...
If you want me to add a feature, don't hesitate to tell me, if you find a bug too. I tip for great ideas, humor, promotion and help ;)
I hope it will be as useful for you as it is for me, that's something I have been working on for my personal use at first(I'm using it as my only rotator when I'm in a faucet mood :)) but I wanted to share it and maybe convert all my work and website investment into a good referral income.
Note that it may take a few seconds to load the first time, after that it's all breeze.
http://www.cryptator.com
submitted by Sphearis to litecoin [link] [comments]

cryptator.com

Hi everyone, I'd like to introduce the multi cryptocurrency faucet rotator(which I hope will become the best one ever :)) I just created 100% in html5 with some nice features such as:
3 Cryptocurrencies currently available: Dogecoin, Litecoin, Bitcoin (More coming soon...) Fast and easy faucet swapping, one click and you are ready to claim another reward Disable your ad blocker once for every faucet you use The cryptator can remember your wallet addresses (stored in a local cookie on your computer only) to retrieve them easily when you need them Only the best faucets are available Faucet list updated EVERY WEEK (getting rid of empty/faulty faucets and adding new ones) that's the most important feature as often rotators are left dying. This one won't.
Some features I'm working on right now are these ones: - Add faucets to your favorites - Jump to any faucet number - More cryptocurrencies - Smart faucet engine which watches faucet timers to show you only available rewards - Per faucet assistance to help you use some "confusing" ones
There are already nearly 150 faucets in the lists, that's 150 active faucets (not empty, fully working, not too confusing) and the list will grow every week as I try the faucets myself, note them, filter out popups, popunder and confusing ones, ...
If you want me to add a feature, don't hesitate to tell me, if you find a bug too. I tip for great ideas, humor, promotion and help ;)
I hope it will be as useful for you as it is for me, that's something I have been working on for my personal use at first(I'm using it as my only rotator when I'm in a faucet mood :)) but I wanted to share it and maybe convert all my work and website investment into a good referral income.
Note that it may take a few seconds to load the first time, after that it's all breeze.
http://www.cryptator.com
submitted by Sphearis to CryptoCurrency [link] [comments]

cryptator.com

Hi everyone, I'd like to introduce the multi cryptocurrency faucet rotator(which I hope will become the best one ever :)) I just created 100% in html5 with some nice features such as:
Some features I'm working on right now are these ones: - Add faucets to your favorites - Jump to any faucet number - More cryptocurrencies - Smart faucet engine which watches faucet timers to show you only available rewards - Per faucet assistance to help you use some "confusing" ones
There are already nearly 150 faucets in the lists, that's 150 active faucets (not empty, fully working, not too confusing) and the list will grow every week as I try the faucets myself, note them, filter out popups, popunder and confusing ones, ...
If you want me to add a feature, don't hesitate to tell me, if you find a bug too. I tip for great ideas, humor, promotion and help ;)
I hope it will be as useful for you as it is for me, that's something I have been working on for my personal use at first(I'm using it as my only rotator when I'm in a faucet mood :)) but I wanted to share it and maybe convert all my work and website investment into a good referral income.
Note that it may take a few seconds to load the first time, after that it's all breeze.
http://www.cryptator.com
submitted by Sphearis to dogecoin [link] [comments]

Generator Bitcoin and Faucets list - Free CREATE YOUR OWN BITCOIN FAUCET ROTATOR 2016 Xapo Faucet Rotator 2017 how to work on best bitcoin faucet rotator Bitcoin faucet rotator pagando direto na FaucetHub!

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