Topic: lootbits.io is a scam: check out user reviews here - page 2. (Read 1206 times)

Friends, here is the latest video of one User - he used BLOCKCHAIN WALLET - Proof is shown lively - Wallet Balance is at 0.049 BTC Exactly

after seeing this video i'm planning to work on this.. ok lets work now

https://www.youtube.com/watch?v=TckgYMnd43s

On their homepage they say: "Open Free Boxes Win Real Bitcoins!", "Get the BTC winnings sent directly to your wallet! We process withdrawal requests multiple times per day."
And on their ToS page they say: "None of credits, balances or other rewards on the Website have real monetary value.".

Also, what kind of website asks its users to use different IPs?
I only see that as a way for them to gain more profits from ads and surveys.

Think about it.. it takes about a month to reach the minimum withdrawal threshold; How can they pay the thousands of people that are using their website 0.049 BTC a month each?!
That's about $250-$300 per user at least.

How much money are they making to pay that much for just viewing a handful of ads?

It's too good to be true.

You can add to that the alteration of algorithms to pay users less as their balance grows, so that it would take much longer to reach the threshold than first thought.

And the most important thing is what they themselves say in their ToS page:
"User balances do not place the Website under an obligation and can be changed or nullified by the Website at any time and without prior notice."
Hahaha. so they can change your balance to 0 at anytime. and you have no right to complain because you already agreed to the ToS when you registered.
Even if you want to complain, you can't. They don't even have a contact page. no email, no Fb page, nothing.

Notice that the word "Website" is capitalized, which indicates that the ToS are copied from a different website, with the name of the original website replaced with the word "Website".
For example, these two websites have the same ToS:
https://btcsmash.io/tos.php
https://tokenrush.com/tos.php

Do not trust any of them.

Edit: Although I'm almost certain that they're scammers, I'm giving them the benefit of the doubt, and I'll keep playing that game to the end. until I know for sure what will happen when I reach the threshold.
I'm currently at 64%.

Don't waste your time. I'll waste mine for us all and let you know when I'm done

Hello,

I made it to 45% in few days, by answering surveys from different IP's just like advised on lootbits.io

And then I came across this topic, I am clearly wasting my time right ? It was too good to be true anyway

Well, I think it is a scam because they are having a high payout which means that it is likely they will give in the start as most scam sites do and once they have enough traffic they will stop paying and starting to earn them. Also there is a form where people were talking that they reached till 75% payout but after that it is hard to find any box with btc but mostly empty or if they find btc it is around 100-300 sat whereas in start they send you 9k sat so they drop the sat amount as you will reach to payout which lead us to one conclusion and that they maybe scammer.

You don't need all that junk. What matters is the TOS!  And it clearly states that the have no obligation whatsoever to pay or collect! Most people just jump to d faucet or game site without agreeing or reading the terms of service and when the time comes to receive payment, they'll discover that they cannot withdraw. Furthermore, you cannot challenge their actions if you wish to have a legal battle with them in court.
 .   

My advice - Don't expect any payment from lootbits.io  .

don't waste time on this  

i just got this payout proof - but i think its a build up to attract users

http://paymentproof.club/

And one video payment proof one user - how far its real i don't know

https://www.youtube.com/watch?v=c94l57Fash4

The site doesn't required deposits or payments.

The one that will waste or scam here is your precious time. Didn't check the internal stuffs but the minimum withdrawal you have stated is not worth the time you will spend here. And take note that we aren't even know if that is realistic to achieved. We aren't sure too if your browsing experienced will be safe there. They might lead you into something fishy while opening boxes.

My quick view on the site, we can consider this as a faucet in another form.

P.S. I don't know how you learned about the site. Hope you aren't shilling it here.

It's always pleasure to help out and it's good to know more about something before you put in your time and resources in to it. This can save you from future disappointment or even depression.

If you have any questions, do not hesitate to ask the community here,
Cheers 

i also checked on the internet and found some sites where more predict that it will be a scam which i think it is
thanks for the help and links that you shared was helpful.

I think you should avoid it. Better to be safe than sorry.

Look at their terms of service.

Number 8 particularly caught my eye


One particular user said this last Thursday.


https://www.beermoneyforum.com/threads/lootbits-io-reviews-scam-or-legit.39335/post-315170

I have searched on bitcointalk but didn't get any info regarding this site. But while searched on google I found:
1. https://www.beermoneyforum.com/threads/lootbits-io-reviews-scam-or-legit.39335/
2. https://steemit.com/lootbitsioreview/@imsamartha/lootbits-io-review-or-open-free-bitcoin-loot-boxes-or-earn-free-bitcoins-or-payment-proof
3. https://www.reddit.com/user/NewsOnlineIncome/comments/bgzonh/lootbits_review_is_lootbitsio_scam_or_legit_not/
4. https://onlineincomesolutions.co.uk/lootbits-io-review-potential-phishing-scam-website-warning/
Once I went through these link I think lootbits.io is undoubtedly a scam site. If you have any doubt then you may read these reviews.

I am using this site but not sure it is a scam or not as from my experience it looks like a scam because the withdrawal amount is really high it is 0.049 so it will take a long time to make it. so I decided to ask here so can save my time instead of clicking after every few hours in a day
Edit: With the input of many users I think it is clear that it is a scam because most ppl confermed it that higher you will go the lower the btc reward will be and also most boxes will be empty. And if they are paying sites why don't they lower the withdrawal amount to 0.001 as anyone with lvl1 can achieve it with opening just a few boxes.
THE SITE IS A SCAM AND DONT WASTE YOUR TIME ON SUCH SITE THAT YOU WILL REGRET IT IN LATER ON