Topic: lootbits.io is a scam: check out user reviews here (Read 1225 times)

Well I am wasting my time on it... reason being, I got the time to waste as a stay at home parent.  I am up to 0.03595192 right now with it. I will most likely be doing daily updates. once I get up to withdraw limit, I will make a video and post it for you guys. If i even get anything at all (which I highly doubt I will) I will also post the Transaction ID.

I was so skeptical of lootbits and the whole idea. it seems easy to make your first $30 or $40, it honestly does seem to good to be true.

I remember searching around if it was legit or a scam so i wanted to record this and post to you guys so everyone knows it is a legit earning opportunity.

https://www.youtube.com/watch?v=xA5M-HPFGwA


If you haven't signed up, its a fun, addicting website with lotto, roulette, up/down, and clicking on boxes.

I would appreciate it if you used my referral link

https://lootbits.io/?daily=216196&secret=35KXCBSENT


Non Ref: https://lootbits.io


Try & maintain a moderate stack of gems, try your luck on the games, and always use about 30% on opening boxes so you can get to that withdrawal limit.

Update:
https://bitcointalksearch.org/topic/warning-about-lootbitsio-5147043

That is a good suggestion and i have changed the subject

Indeed you are lucky not to have wasted this time.
It's quite obvious that loolbits is scam even without over reasoning about it. Really, who can give out such big amounts of money just to open boxes?

Good thing I didn't waste my time on lootbits site. Seeing the minimum withdrawal amount that high takes too much time and effort.

https://scamonline.net/lootbits-review

Thanks for the updates folks. I think this confirms that the website is an outright scam, and they are just making money out of users instead by using them to watch so many ads in return for nothing.
I also second that OP should change the title to Lootbits.io is a SCAM

Whoever is thinking of joining should stay off.

I noted that 10 days ago:

Update

beerformoney forum declares this site as scam...

better not to waste time on it

Friends the video which i shared here has an issue in that " that user has sent exactly 0.049 btc and claiming it as "site has paid" editing videos to attract users

Site has not paid to any one

Video from Beerformoney Admin - https://www.youtube.com/watch?v=DDuuOdlsQgQ

Also you should change title here

Right

Exactly what I have been thinking from day one.
As you reach a higher percentage, the points you keep receiving keep lowering in away that by the time one reaches above 80%, it will look virtually impossible to reach the withdrawal limit and with this people will give up before reaching there.
So basically it's will be time wasted on the player's side and maybe ad views gained from their side.

Update:
I'm at 68% right now.

The rewards I get at this point are few hundred Satoshis. sometimes even lower. as low as 37 Satoshis! haha

Maybe they will pay someone the minimum threshold eventually, but it would take a very looooooong time to reach it.

They will milk the players/users for as long as they can. It may take months or years to reach the threshold and it you might never reach it after all. even if you have thousands of gems.

I'm almost certain that no one got paid yet. It's almost impossible. or perhaps it is.

the purpose of asking about it scam was to get a good view about the site but some comment which was very good and clearly explain it that it is a scam, which I was already expected as on faucet sites you hardly get 50 sat and here when you are at lvl 1 you open a box and get 9k sat is really something surprising for me. It is really a shame, because of these scam sites many people still don't trust to invest in cryptocurrency.
Everyone wants the BTC prize to go up but with such scams, it is really hard as investor hardly get there hand in it or even if they do they back off after some time.

Yeah, absolutely. Don't waste your time on it and don't invite others to join it.

The problem is that people have very little patience, so they start promoting the website to get more gems, not knowing that they won't get anything good in return eventually.

I never invited anyone, and won't recommend a website to others before I make sure that it is legit.

Their #1 goal is to make users take surveys so that they make money. that's why they make it the most profitable way in terms of gaining gems.
So people think "Let's be smart here, instead of waiting hours to get a few gems, let's take surveys and get thousands of gems quickly" which is not so smart actually.

I didn't take any of their surveys, although they promise to give 700 gems for a single one.
The point is, I don't want to fall to their trap, I don't want them to scam me and benefit from me as they wish, so I'll just continue to open boxes.
It's easy, only takes a few minutes everyday and it's fully automated.
You can use a mouse recorder to collect gems and open boxes for you automatically.

Currently, the maximum amount of gems I can get per day is about 600. my average is about 200.
Right now I'm at 65% of the threshold and my progress is 1% per day, so it may take a month to reach 100% and I'm not in a hurry.


Yeah, yeah, yeah. It is a scam (probably), but as I said, I'll continue to play the game out of curiosity. I just wanna see what will happen when I reach 100% and hit the Withdraw button.
What will they say?, what excuse/error message will they give?, will my balance stay as it is or not? just curious.

Quote from; https://www.beermoneyforum.com/threads/lootbits-io-reviews-scam-or-legit.39335/post-319427

Quote from; https://www.beermoneyforum.com/threads/lootbits-io-reviews-scam-or-legit.39335/post-318096

Terms of service: https://lootbits.io/tos.php

You bet I will


There's something fishy about that video. it's -- at least partially -- fake, and you can check for yourself.

See the addresses? https://youtu.be/TckgYMnd43s?t=410
Here you can see the real transaction: https://www.blockchain.com/btc/address/1t85aSCzJVCnvc8WLGWkD6hyPNQ6fWcRM

Around $7 worth of Bitcoin sent. Nowhere near $300.

Another clue is that the total wallet balance includes the values of all cryptocurrencies, not just Bitcoin, so how come he has $0.07 worth of Bitcoin Cash and the Total shows only his BTC balance?
https://youtu.be/TckgYMnd43s?t=368
It should be 299.1 not 299.03

And hey! Bitcoin price yesterday was $60,51.48? I thought it was $6k not $61. what the heck!
FAKE

Notice that the price in Orange is the real price, and the one in Blue is altered.
Epic fail...

He probably altered the values with the help of the inspector tool in the browser. which is a very easy thing to do.

To prove that, here's an example:
https://www.mediafire.com/convkey/3c29/0n9jm9ueunyriqdzg.jpg?size_id=8

As you can see I put crazy random numbers, although I can be more accurate if I want.

Please keep us updated here on how it goes.
I did see some players say that as you approach 70% i think, the chances of leveling up massively reduce so it makes it very hard to reach the withdrawal minimum limit.
If i locate the comment, i will post it here.

It sure is. and I don't know how they can be "Real Bitcoins" and yet have no monetary value! It seems to me like flat out lying.


Based on my experience, about 70% of the boxes are empty, and that doesn't include the badge-boxes which are worthless after you complete your collection of the 36 unique badges, which I did. so we're left with about 10% of Bitcoin-fraction boxes.

BTW, I'm at level 4 right now, so I get 25 boxes per hour. but since I reached that level I haven't received a single xp point (you level up every time you collect 100 xp points - 5 is the highest level).

Note that I used to get around 9k Satoshis per credit-box at the beginning, and now I get around 1.5k. So I guess the reward is fixed to be around $5 worth of Bitcoin per day if you collect most of your gems, no matter what level you're at, how much your balance is or how many boxes you get.

With all that said, I gotta admit that Lootbits has the cleanest design of all scammer sites I know (if it is proven to be so), and that's what makes me come back and continue to play, plus my sense of curiosity to know the end of it.

This is something very intriguing, they are rewarding people with Bitcoin but they don't consider this with monetary value, a friend invited me here and I have 35 tries to open the box with surprises, but unfortunately I'm getting a lot of empty rewards I don't think I can reach their minimum withdrawal.