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Topic: About flexybit !!! - page 3. (Read 2838 times)

sr. member
Activity: 348
Merit: 250
February 17, 2016, 12:42:57 AM
#26
My friend say he recieved refunds. Its not over. I am patiently waiting for my payouts. Hope they fix the problem asap To avoid panic
sr. member
Activity: 350
Merit: 250
February 16, 2016, 10:50:19 PM
#25
Investing in random topics here is just like waiting to let your coins to be stolen, just see when only.
Everyone knew it, but all are greedy and want to try their luck.
When they got scammed, they come crying and whining about it

I would say just stop wasting time and $ here, even if u can 'earn' some of it, u are just earning some1 else money.
And you are sweating and praying hard the project will last longer, worried this and that, not much meaning in such shts.
sr. member
Activity: 308
Merit: 250
❃ CyberNick ❃
February 16, 2016, 09:46:54 PM
#24
Again I think people need to think of these programs as mere games and not legit investment vehicles.  If you do you will get burned.
yes i agreed this is not legit investment, but i dont agreed this investment thing is games. lol
games are games, this kind investment involve with money.. more greedy investor will lose alot of money..
hero member
Activity: 630
Merit: 500
February 16, 2016, 09:44:52 PM
#23
Again I think people need to think of these programs as mere games and not legit investment vehicles.  If you do you will get burned.
full member
Activity: 224
Merit: 100
☆☆☆☆☆☆☆
February 16, 2016, 08:41:12 PM
#22
im in profit with flexybit and stop investing there, im sure they will scam soon, but at least im not greedy.. in profit when 1st round of them Cheesy
sorry for your loss. good luck next time.
hero member
Activity: 644
Merit: 523
Passionate about Crypto
February 16, 2016, 07:31:51 PM
#21
I'm feeling good coz I know what You are saying about. Smiley

Regards.
legendary
Activity: 1161
Merit: 1004
February 16, 2016, 07:23:34 PM
#20
OK.
That's fine. I'm told probably coz common problem Smiley

P.S.
Mine is C from old school but C++ also good. Smiley
Yeah, where is good old DOS and UNIX'es Years ...
Regards.

Yeah I know because I got your adopted logic tied to the transactions structure.

PS: I'm C/C++ oldschool developer too since ages  Grin
hero member
Activity: 644
Merit: 523
Passionate about Crypto
February 16, 2016, 07:10:44 PM
#19
If that info given for me dude Smiley I have some knowledge what ponzi is.

Anyway thank you.

Regards.
sr. member
Activity: 333
Merit: 256
February 16, 2016, 07:05:33 PM
#18
I will say it ponzi dude. after the balance stack the owner should reset it for still alive.
this is game
hero member
Activity: 644
Merit: 523
Passionate about Crypto
February 16, 2016, 06:39:59 PM
#17
OK.
That's fine. I'm told probably coz common problem Smiley

P.S.
Mine is C from old school but C++ also good. Smiley
Yeah, where is good old DOS and UNIX'es Years ...
Regards.
legendary
Activity: 1161
Merit: 1004
February 16, 2016, 06:32:11 PM
#16
I don't discuss right now about scam
but probably too many unspent outputs coz micro-transactions.
That's reason why Im don't use micro-transaction.

Reference here:
https://bitcointalksearch.org/topic/edu-faucet-risks-1044399

#1 Fees and dusty inputs

The most common problem when using faucets is the small payment. Every time you receive a bitcoin payment to your wallet you have a new input to spend at a later date. Think of this like a lump of bitcoin you can use later. When you later want to use these lumps of bitcoin they need space as part of the transaction your wallet creates for you. This is usually 180 bytes per input. A bigger (in terms of byte) transaction will need more fees in order to be confirmed in a reasonable amount of time. Each block offers only a limited amount of space (currently 1 MB) and if you need a big chunk of the space a big chunk of your available funds will be used as fee for the miners. Faucets try to counter this by creating payout limits, but they are often set very small. A reasonable fee for a transaction with less than 1000 byte in size is 10,000 Satoshi. If the payout limit is 100,000 Satoshi and you try to spend this input, you will have to spend 10% on fees. If you want an example how bad this can end, I helped someone recover from this a while back, in numbers:
~0.5 BTC from faucets, collected over ~2 years, ~2000 inputs, ~350,000 bytes, ~0.09 BTC in fees.


So.... you have to wait.

Regards.

FlexyBit most likely makes use of the following BlockTrail's API function:

Code:
     /*
    * create, sign and send a transaction
    *
    * @param array     $outputs            [address => value, ] or [[address, value], ] or [['address' => address, 'value' => value], ] coins to send
    *                                      value should be INT
    * @param string    $changeAddress      change address to use (autogenerated if NULL)
    * @param bool      $allowZeroConf
    * @param bool      $randomizeChangeIdx randomize the location of the change (for increased privacy / anonimity)
    * @param null|int  $forceFee           set a fixed fee instead of automatically calculating the correct fee, not recommended!
    * @return string the txid / transaction hash
    * @throws \Exception
    */
    
    public function pay(array $outputs, $changeAddress = null, $allowZeroConf = false, $randomizeChangeIdx = true, $forceFee = null) {
        if ($this->locked) {
            throw new \Exception("Wallet needs to be unlocked to pay");
        }

        $outputs = self::normalizeOutputsStruct($outputs);

        $txBuilder = new TransactionBuilder();
        $txBuilder->randomizeChangeOutput($randomizeChangeIdx);

        foreach ($outputs as $output) {
            $txBuilder->addRecipient($output['address'], $output['value']);
        }

        $this->coinSelectionForTxBuilder($txBuilder, true, $allowZeroConf, $forceFee);

        $apiCheckFee = $forceFee === null;

        return $this->sendTx($txBuilder, $apiCheckFee);
    }

(raw code directly taken from SDK source code which I use to work on)

I definitely doubt it.
sr. member
Activity: 322
Merit: 250
This mine is not mine! My mine is mine!
February 16, 2016, 06:30:38 PM
#15
wanna bet if he got some btc? Because I'm pretty sure he is + very much ! anyway the truth is that he will be soon forgotten
hero member
Activity: 2590
Merit: 644
February 16, 2016, 06:26:42 PM
#14
Guys, flexybit is a declared ponzi so at some point it's natural that new deposits become insufficient to cover payouts...but I would not call this a scam, if there is no balance you can't be paid! And this is what has happened in round 1 Roll Eyes
A scam is when the admin shuts down the website with no reason just to steal your money

For now the website is online, the admin continues to write in the forum...so he has not scammed anyone
Ok, there is a problem with payouts but I think the problem will be solved in the next day...if not I'm ready to change my opinion  Grin
But it's not over yet  Wink
what do you mean be "not scammed anyone" ? I already told you that he didn't pay me  twice. There are some people that didn't get paid too for sure. I don't know what you need to confirm that he is a scammer Cheesy
He didnt pay you because no one else is giving deposit to admin. its a PONZI dont you understand.
Yes but the "round" this screws us all, don't you get it? It is a ponzi, ok, but there should be no round, otherwise as we can see he closes the current round whenever he gets money. Then he starts another pays to some investors and allures a lot more and then OOPS! he closes the next round and so on ...
He didnt get anymoney in first round its in the news, and you do the math.
Anyway in the end he still scams us
hero member
Activity: 644
Merit: 523
Passionate about Crypto
February 16, 2016, 06:25:26 PM
#13
I don't discuss right now about scam
but probably too many unspent outputs coz micro-transactions.
That's reason why Im don't use micro-transaction.

Reference here:
https://bitcointalksearch.org/topic/edu-faucet-risks-1044399

#1 Fees and dusty inputs

The most common problem when using faucets is the small payment. Every time you receive a bitcoin payment to your wallet you have a new input to spend at a later date. Think of this like a lump of bitcoin you can use later. When you later want to use these lumps of bitcoin they need space as part of the transaction your wallet creates for you. This is usually 180 bytes per input. A bigger (in terms of byte) transaction will need more fees in order to be confirmed in a reasonable amount of time. Each block offers only a limited amount of space (currently 1 MB) and if you need a big chunk of the space a big chunk of your available funds will be used as fee for the miners. Faucets try to counter this by creating payout limits, but they are often set very small. A reasonable fee for a transaction with less than 1000 byte in size is 10,000 Satoshi. If the payout limit is 100,000 Satoshi and you try to spend this input, you will have to spend 10% on fees. If you want an example how bad this can end, I helped someone recover from this a while back, in numbers:
~0.5 BTC from faucets, collected over ~2 years, ~2000 inputs, ~350,000 bytes, ~0.09 BTC in fees.


So.... you have to wait.

Regards.
sr. member
Activity: 322
Merit: 250
This mine is not mine! My mine is mine!
February 16, 2016, 06:17:00 PM
#12
and what is the issue this time? The admin probably needs some diapers for his kid. Please...
newbie
Activity: 24
Merit: 0
February 16, 2016, 06:12:19 PM
#11
Guys, flexybit is a declared ponzi so at some point it's natural that new deposits become insufficient to cover payouts...but I would not call this a scam, if there is no balance you can't be paid! And this is what has happened in round 1 Roll Eyes
A scam is when the admin shuts down the website with no reason just to steal your money

For now the website is online, the admin continues to write in the forum...so he has not scammed anyone
Ok, there is a problem with payouts but I think the problem will be solved in the next day...if not I'm ready to change my opinion  Grin
But it's not over yet  Wink
what do you mean be "not scammed anyone" ? I already told you that he didn't pay me  twice. There are some people that didn't get paid too for sure. I don't know what you need to confirm that he is a scammer Cheesy

If you invested in the last days of round 1 you didn't get paid but only because there was no balance left...if payouts are bigger then new deposits the ponzi collapses, it's the nature of such schemes...  Embarrassed

Now there is another issue and I can't be sure that the admin will solve it...but I will scream scam only if this will happen  Wink
For now I'm waiting...with hope  Grin
sr. member
Activity: 322
Merit: 250
This mine is not mine! My mine is mine!
February 16, 2016, 06:11:50 PM
#10
Guys, flexybit is a declared ponzi so at some point it's natural that new deposits become insufficient to cover payouts...but I would not call this a scam, if there is no balance you can't be paid! And this is what has happened in round 1 Roll Eyes
A scam is when the admin shuts down the website with no reason just to steal your money

For now the website is online, the admin continues to write in the forum...so he has not scammed anyone
Ok, there is a problem with payouts but I think the problem will be solved in the next day...if not I'm ready to change my opinion  Grin
But it's not over yet  Wink
what do you mean be "not scammed anyone" ? I already told you that he didn't pay me  twice. There are some people that didn't get paid too for sure. I don't know what you need to confirm that he is a scammer Cheesy
He didnt pay you because no one else is giving deposit to admin. its a PONZI dont you understand.
Yes but the "round" this screws us all, don't you get it? It is a ponzi, ok, but there should be no round, otherwise as we can see he closes the current round whenever he gets money. Then he starts another pays to some investors and allures a lot more and then OOPS! he closes the next round and so on ...
sr. member
Activity: 280
Merit: 250
February 16, 2016, 06:07:45 PM
#9
Guys, flexybit is a declared ponzi so at some point it's natural that new deposits become insufficient to cover payouts...but I would not call this a scam, if there is no balance you can't be paid! And this is what has happened in round 1 Roll Eyes
A scam is when the admin shuts down the website with no reason just to steal your money

For now the website is online, the admin continues to write in the forum...so he has not scammed anyone
Ok, there is a problem with payouts but I think the problem will be solved in the next day...if not I'm ready to change my opinion  Grin
But it's not over yet  Wink
what do you mean be "not scammed anyone" ? I already told you that he didn't pay me  twice. There are some people that didn't get paid too for sure. I don't know what you need to confirm that he is a scammer Cheesy
He didnt pay you because no one else is giving deposit to admin. its a PONZI dont you understand.
sr. member
Activity: 322
Merit: 250
This mine is not mine! My mine is mine!
February 16, 2016, 05:49:53 PM
#8
Guys, flexybit is a declared ponzi so at some point it's natural that new deposits become insufficient to cover payouts...but I would not call this a scam, if there is no balance you can't be paid! And this is what has happened in round 1 Roll Eyes
A scam is when the admin shuts down the website with no reason just to steal your money

For now the website is online, the admin continues to write in the forum...so he has not scammed anyone
Ok, there is a problem with payouts but I think the problem will be solved in the next day...if not I'm ready to change my opinion  Grin
But it's not over yet  Wink
what do you mean be "not scammed anyone" ? I already told you that he didn't pay me  twice. There are some people that didn't get paid too for sure. I don't know what you need to confirm that he is a scammer Cheesy
newbie
Activity: 24
Merit: 0
February 16, 2016, 05:42:56 PM
#7
Guys, flexybit is a declared ponzi so at some point it's natural that new deposits become insufficient to cover payouts...but I would not call this a scam, if there is no balance you can't be paid! And this is what has happened in round 1 Roll Eyes
A scam is when the admin shuts down the website with no reason just to steal your money

For now the website is online, the admin continues to write in the forum...so he has not scammed anyone
Ok, there is a problem with payouts but I think the problem will be solved in the next day...if not I'm ready to change my opinion  Grin
But it's not over yet  Wink
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