Pages:
Author

Topic: [Unofficial] Coinpot.co - new microwallet - page 35. (Read 100583 times)

sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
today I found out indeed that the multiplier stopped working. I had rolled 35000 times and my balance had dropped by 800 tokens.  Undecided
I turned off the multiplier until I read here that you could set a fixed seed. now 10000 rolls further it seems to remain about the same, sometimes a bit in the + and sometimes a bit in the -. so fingers crossed.  Wink

--
And the stars you get per day per VIP level do not yield tokens, but the number of stars for that month will increase.  Smiley



Nope after 130.000 rolls and earned 21 stars and 2100 tokens, i lost 3.848 tokens.

So i think the fixed seed does not work.

I have found that the more times you receive the 'server timeout error' or the game lags you will usually end up with more losses than normal. When this happens they don't show you what the server seed would have been for that roll, they just cancel the bet and don't deduct or add tokens to your balance. It could be that they are only cancelling winning bets and showing you that error message to cover it up. Whatever the case may be the only way to mitigate this is to set a slower betting speed, although if your goal is roll tens of thousands of times per day to fulfill challenge requirements it might not be practical to slow your speed.
hero member
Activity: 2058
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
I think this is the same as when they started with the vip program.
but you must have at least 5000 tokens to receive 1 token


Yup, I was halfway converting whatever scrap coins I had in the balance until I saw the latest changes. Thank Goodness I don't have to continue anymore Tongue
newbie
Activity: 8
Merit: 0
today I found out indeed that the multiplier stopped working. I had rolled 35000 times and my balance had dropped by 800 tokens.  Undecided
I turned off the multiplier until I read here that you could set a fixed seed. now 10000 rolls further it seems to remain about the same, sometimes a bit in the + and sometimes a bit in the -. so fingers crossed.  Wink

--
And the stars you get per day per VIP level do not yield tokens, but the number of stars for that month will increase.  Smiley



Nope after 130.000 rolls and earned 21 stars and 2100 tokens, i lost 3.848 tokens.

So i think the fixed seed does not work.
full member
Activity: 953
Merit: 102
★★ freecoyn.com ★★
I'm stockpiling tokens as well - the interest rate and freebies seem quite good so far.

Couple of questions though - does anyone know if you still get the additional token bonus that goes with earning challenges stars each time you earn them through VIP rewards?

from what i have seen you don't, as they aren't classed as real challenges completed - instead you just get the stars, the free lottery tix and the tokens from the daily interest

Also, in Challenges > All Time Bonus Stars - the stars I've earn through VIP rewards are not registering here. Does anyone know if this deliberate, ie they don't count towards this achievement, or is it a glitch?

hmm, not noticed this, but it would make sense because (as above) they aren't really proper challenges. but i'm not sure, i will check this tomorrow!

Makes sense. Let me know how you get on.

The one thing that bothers me about the whole system though is the potential to lose significant amounts of sats very quickly depending on the current value of BTC due to the exchange rate, especially as Bitcoin traders are generally quite bullish about the price right now (can also gain sats if the market goes the other way too). I wish CP was paying interest on Bitcoin Core holdings instead then at least any sats you earned were always there (irrespective of the market value).
Why you dont exchange a specific share of maybe 10% or even more of your additional coinpot tokens to BTC every week? This way it is really hard to loose anything. Somewhere I have read that on coinpot token is fixed to the dollar. So at least from that perspective you dont loose anything.

Good shout & something I'll probably do. Perhaps CP could come up with a way of automating this, or enabling interest on BTC (don't know if there are stricter rules on this though)?
newbie
Activity: 8
Merit: 0
Seems that CoinPotty has adjusted the VIP token requirements so now the Standard rates apply to 100K tokens and below, while the APY has been set to 7.57%.

Standard
Requirement: Balance of less than 100k tokens
0.02% daily interest paid on your tokens balance (equivalent to 7.57% APY*)
0 challenge stars
0 free lottery tickets
3 tokens per faucet claim

I think this is the same as when they started with the vip program.
but you must have at least 5000 tokens to receive 1 token
hero member
Activity: 2058
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
Seems that CoinPotty has adjusted the VIP token requirements so now the Standard rates apply to 100K tokens and below, while the APY has been set to 7.57%.

Standard
Requirement: Balance of less than 100k tokens
0.02% daily interest paid on your tokens balance (equivalent to 7.57% APY*)
0 challenge stars
0 free lottery tickets
3 tokens per faucet claim
newbie
Activity: 8
Merit: 0
today I found out indeed that the multiplier stopped working. I had rolled 35000 times and my balance had dropped by 800 tokens.  Undecided
I turned off the multiplier until I read here that you could set a fixed seed. now 10000 rolls further it seems to remain about the same, sometimes a bit in the + and sometimes a bit in the -. so fingers crossed.  Wink

--
And the stars you get per day per VIP level do not yield tokens, but the number of stars for that month will increase.  Smiley

hero member
Activity: 826
Merit: 513
I'm stockpiling tokens as well - the interest rate and freebies seem quite good so far.

Couple of questions though - does anyone know if you still get the additional token bonus that goes with earning challenges stars each time you earn them through VIP rewards?

from what i have seen you don't, as they aren't classed as real challenges completed - instead you just get the stars, the free lottery tix and the tokens from the daily interest

Also, in Challenges > All Time Bonus Stars - the stars I've earn through VIP rewards are not registering here. Does anyone know if this deliberate, ie they don't count towards this achievement, or is it a glitch?

hmm, not noticed this, but it would make sense because (as above) they aren't really proper challenges. but i'm not sure, i will check this tomorrow!

Makes sense. Let me know how you get on.

The one thing that bothers me about the whole system though is the potential to lose significant amounts of sats very quickly depending on the current value of BTC due to the exchange rate, especially as Bitcoin traders are generally quite bullish about the price right now (can also gain sats if the market goes the other way too). I wish CP was paying interest on Bitcoin Core holdings instead then at least any sats you earned were always there (irrespective of the market value).
Why you dont exchange a specific share of maybe 10% or even more of your additional coinpot tokens to BTC every week? This way it is really hard to loose anything. Somewhere I have read that on coinpot token is fixed to the dollar. So at least from that perspective you dont loose anything.
full member
Activity: 953
Merit: 102
★★ freecoyn.com ★★
I'm stockpiling tokens as well - the interest rate and freebies seem quite good so far.

Couple of questions though - does anyone know if you still get the additional token bonus that goes with earning challenges stars each time you earn them through VIP rewards?

from what i have seen you don't, as they aren't classed as real challenges completed - instead you just get the stars, the free lottery tix and the tokens from the daily interest

Also, in Challenges > All Time Bonus Stars - the stars I've earn through VIP rewards are not registering here. Does anyone know if this deliberate, ie they don't count towards this achievement, or is it a glitch?

hmm, not noticed this, but it would make sense because (as above) they aren't really proper challenges. but i'm not sure, i will check this tomorrow!

Makes sense. Let me know how you get on.

The one thing that bothers me about the whole system though is the potential to lose significant amounts of sats very quickly depending on the current value of BTC due to the exchange rate, especially as Bitcoin traders are generally quite bullish about the price right now (can also gain sats if the market goes the other way too). I wish CP was paying interest on Bitcoin Core holdings instead then at least any sats you earned were always there (irrespective of the market value).
full member
Activity: 953
Merit: 102
★★ freecoyn.com ★★
I'm stockpiling tokens as well - the interest rate and freebies seem quite good so far.

Couple of questions though - does anyone know if you still get the additional token bonus that goes with earning challenges stars each time you earn them through VIP rewards?


IINM, they should. What VIP rank are you at? Assuming you're at Bronze, that's 1 extra challenge star per challenge complete.

I'm at Platinum right now so that should be 4 a day, but they're not registering.
hero member
Activity: 826
Merit: 513
Does anyone know if there is a script available to automate buying lottery tickets with the free tickets from multiplier everyday? Dont want to login every day.

i don't know of such a script
how do you play the multiplier if you are not logged in?
Coinpot is running on my raspberry pi. Wink
I am dealing with this opportunity here: https://bitcointalksearch.org/topic/m.54343027
full member
Activity: 338
Merit: 104
I'm stockpiling tokens as well - the interest rate and freebies seem quite good so far.

Couple of questions though - does anyone know if you still get the additional token bonus that goes with earning challenges stars each time you earn them through VIP rewards?

from what i have seen you don't, as they aren't classed as real challenges completed - instead you just get the stars, the free lottery tix and the tokens from the daily interest

Also, in Challenges > All Time Bonus Stars - the stars I've earn through VIP rewards are not registering here. Does anyone know if this deliberate, ie they don't count towards this achievement, or is it a glitch?

hmm, not noticed this, but it would make sense because (as above) they aren't really proper challenges. but i'm not sure, i will check this tomorrow!
hero member
Activity: 2058
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
I'm stockpiling tokens as well - the interest rate and freebies seem quite good so far.

Couple of questions though - does anyone know if you still get the additional token bonus that goes with earning challenges stars each time you earn them through VIP rewards?


IINM, they should. What VIP rank are you at? Assuming you're at Bronze, that's 1 extra challenge star per challenge complete.
full member
Activity: 953
Merit: 102
★★ freecoyn.com ★★
I'm stockpiling tokens as well - the interest rate and freebies seem quite good so far.

Couple of questions though - does anyone know if you still get the additional token bonus that goes with earning challenges stars each time you earn them through VIP rewards?

Also, in Challenges > All Time Bonus Stars - the stars I've earn through VIP rewards are not registering here. Does anyone know if this deliberate, ie they don't count towards this achievement, or is it a glitch?
hero member
Activity: 2058
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10

i don't know of such a script
how do you play the multiplier if you are not logged in?

I think he just wants the thing to automate the purchase without the need to access CoinPotty, assuming the session is saved.
full member
Activity: 338
Merit: 104
Does anyone know if there is a script available to automate buying lottery tickets with the free tickets from multiplier everyday? Dont want to login every day.

i don't know of such a script
how do you play the multiplier if you are not logged in?
hero member
Activity: 826
Merit: 513
Does anyone know if there is a script available to automate buying lottery tickets with the free tickets from multiplier everyday? Dont want to login every day.
full member
Activity: 338
Merit: 104

i don't have a comprehension issue
this is your previous words "They don't allow you to set your own custom seed for auto-rolls except for the first roll." which is very different to what you are saying now "My complaint was that the seed was always changing"


I've made both those statements and they don't contradict each other. In the past you could set a custom seed but after the first roll it would dissapear and they would generate one for you after every roll.

Quote
in my view i would rather use a different client seed for every roll, using the same one every roll seems much more likely to be "cheatable"

Putting all your trust on the site is more likely to get you cheated. I'm not saying you should use the same client seed forever, but keeping it the same for a short period has virtually no risk if it's strong and truly random.

Quote
the rolls ARE verifiably fair (you can see both the seeds and the server seed hash after each roll in the history) and always have been, so it would easily be found if they ever tried to cheat

It was only provably fair if you trusted the site to give you random seeds when they changed them and not predetermined seeds that would be favorable to them.

Quote
the very common misunderstanding is that "0% house edge" and "provably fair" guarantees that you cannot ever lose - this is absolutely untrue!
if it was true, then it would also mean that you cannot ever win - and of course then it would be no fun at all!

You are twisting people's words to fit your narrative. Nobody believes that. People were only shocked that they were encountering massive losing streaks so frequently or their long terms stats were so far off from what would be expected from a zero house edge game.

i've answered most of your points previously, so we'd be going around in circles if i continued.
but i think we are just really looking at it the same way but from slightly different angles  Smiley
the only thing i'm still confused by is this...

"It was only provably fair if you trusted the site to give you random seeds when they changed them and not predetermined seeds that would be favorable to them."

what roll would be favorable to them?
367? 821? 999???
i'm confident that if you ran millions of rolls and kept tally of the numbers rolled they would be randomly distributed between 000 and 999.
also remember that at the point they give you the seeds they have no idea if you will choose high or low, or which multiplier (2x, 10x etc) you will choose?
so there is no way for them to even know which roll would be favorable to them
and even if they somehow could predict it (based on some clever algorithm), then you have always been able to override the client seed with one of your own.
or you could deliberately "reverse" your roll (i.e. roll high instead of low this time) and you would therefore win instead of losing.
so any sort of prediction algorithm could easily be gamed by a smart gambler to work in their favor, and they would wipe out the bank!

it seems simple to me. other dice/multiplier sites use a house edge to make their profit (e.g. freebitcoin has a 5% house edge but no advertising) whilst coinpot has 0% house edge but uses this to attract lots of players who will drive up advert revenue (this is where their profit comes from)
maybe not you, but there are certainly others who post in this thread with their braindead "proof" that the 0% house edge is not real. but they don't consider that it is to coinpots business advantage to ensure a true 0% house edge to keep gamblers happy and returning every day to drive more advertising revenue. same with the challenges system, it's there to keep people playing and claiming from faucets (and viewing ads)
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino

i don't have a comprehension issue
this is your previous words "They don't allow you to set your own custom seed for auto-rolls except for the first roll." which is very different to what you are saying now "My complaint was that the seed was always changing"


I've made both those statements and they don't contradict each other. In the past you could set a custom seed but after the first roll it would dissapear and they would generate one for you after every roll.

Quote
in my view i would rather use a different client seed for every roll, using the same one every roll seems much more likely to be "cheatable"

Putting all your trust on the site is more likely to get you cheated. I'm not saying you should use the same client seed forever, but keeping it the same for a short period has virtually no risk if it's strong and truly random.

Quote
the rolls ARE verifiably fair (you can see both the seeds and the server seed hash after each roll in the history) and always have been, so it would easily be found if they ever tried to cheat

It was only provably fair if you trusted the site to give you random seeds when they changed them and not predetermined seeds that would be favorable to them.

Quote
the very common misunderstanding is that "0% house edge" and "provably fair" guarantees that you cannot ever lose - this is absolutely untrue!
if it was true, then it would also mean that you cannot ever win - and of course then it would be no fun at all!

You are twisting people's words to fit your narrative. Nobody believes that. People were only shocked that they were encountering massive losing streaks so frequently or their long terms stats were so far off from what would be expected from a zero house edge game.
full member
Activity: 338
Merit: 104

Super, I tried this fixed thing too roller 4 * 100, first time was +5 other three was about -50 each. I tried this autoroll 2 years ago and than never used it again due to results like this. I will stay with my manual rolls.

I did a few more tests today using custom seeds generated on random.org and setting the max amount of rolls to 10 so I could go back and verify every single bet in my roll history. My overall winning percentage came close to 50%. I actually came out with a profit of 100 tokens because I got a bonus when I rolled 999. It is possible that the site could still be cheating you depending on how you play such as not independently generating a random client seed or setting the max roll amount higher than 10 so that it's impossible to audit your roll history. It could also be that people are losing tokens by flooding the site with too many requests that their servers can't properly handle. Running a gambling site requires significant resources and Coinpot's main focus is on their faucets so we will just have to deal with the limitations of the multiplier game but at the bare minimum there is some semblance of fairness, in my opinion.

i don't really understand
earlier you were complaining that you couldn't change the client seed for every roll (during auto-roll) which of course, doesn't really make sense - because then it wouldn't be automatic!
but now you seem to be happy that there is feature that you can fix the client seed so it always stays the same!!
aren't those opposites??

anyway i'm glad that you are finding it "fair" at the moment. but i wont be surprised if you are back here complaining that its a scam again next time you happen to lose  Roll Eyes


It seems you have comprehension issues. My complaint was that the seed was always changing. I wanted to be able to use a custom generated seed and have it fixed for every roll not just the initial roll. I never complained that I was losing, I know how gambling works. I've only ever complained about the verifiability of their fairness.

i don't have a comprehension issue
this is your previous words "They don't allow you to set your own custom seed for auto-rolls except for the first roll." which is very different to what you are saying now "My complaint was that the seed was always changing"
in my view i would rather use a different client seed for every roll, using the same one every roll seems much more likely to be "cheatable" - but anyway, now you have the option to do it either way

"I've only ever complained about the verifiability of their fairness."
the rolls ARE verifiably fair (you can see both the seeds and the server seed hash after each roll in the history) and always have been, so it would easily be found if they ever tried to cheat

there are so many screenshots and graphs etc posted in this thread from people when they lose "proving" that the system is rigged. but of course these are NOT proof of anything, these are just "examples" of someone having bad luck. of course no-one is going to bother taking screenshots and graphs when they have had good luck, but this will be just as frequent. in other words the complaining is really just from bad losers.

the very common misunderstanding is that "0% house edge" and "provably fair" guarantees that you cannot ever lose - this is absolutely untrue!
if it was true, then it would also mean that you cannot ever win - and of course then it would be no fun at all!

tbh, i don't even know why i am continuing with this discussion - i've stopped using the multiplier now.
i'm saving my tokens now instead and getting guaranteed daily profit via their new vip rewards!  Grin
Pages:
Jump to: