[Unofficial] Coinpot.co - new microwallet - page 38.

k00l1

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Activity: 315

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Quote from: grahamlyons on August 13, 2020, 04:50:30 AM

Quote from: Adam556 on August 13, 2020, 04:05:21 AM

Quote from: grahamlyons on August 13, 2020, 03:19:55 AM

Quote from: UserU on August 12, 2020, 10:18:27 PM

Quote from: FinneysTrueVision on August 12, 2020, 11:34:28 AM

New VIP Rewards added.
https://coinpot.co/vip

Quote

INSTANT ACCESS SAVINGS + REWARDS!
The VIP Rewards system allows you to use your CoinPot tokens balance as a free, instant access savings account! There are no fees and no lock-in - so you are free to spend/convert your tokens at any time without penalty. As well as daily interest, you will also receive other rewards depending on your reward level.

That's nice, but more than 5,000 tokens to start earning interest in tokens? Gonna take a long time for those with a life.

well with a daily rate of 0.02%, even if you have 5,000 tokens you will only get 1 token per day in interest!
i think this is aimed at people who deposit and have larger balances - allows them to hold and earn interest rather than gambling!

True, but something's better than nothing! I also think it's a great way to encourage brand loyalty and the desire to build up a referral network.

dont worry, i agree
i'd definitely rather hodl my tokens and earn daily interest than gamble on a 0% multiplier with as much chance of losing as winning

and its compounded interest - so you get a decent return if you can hodl for long enough!!

People are holding tokens

Adam556

full member

Activity: 953

Merit: 102

★★ freecoyn.com ★★

Quote from: UserU on August 13, 2020, 05:46:40 AM

True that, it's still better than nothing.

Speaking of referrals, if only we know how many of them we have, like some counter.

Great idea. You can see individual numbers on each of the linked faucets, but would be good to have an overall figure on CP. Also, would be good if CP itself offered some kind of referral scheme as well.

Adam556

full member

Activity: 953

Merit: 102

★★ freecoyn.com ★★

Quote from: grahamlyons on August 13, 2020, 04:50:30 AM

Quote from: Adam556 on August 13, 2020, 04:05:21 AM

Quote from: grahamlyons on August 13, 2020, 03:19:55 AM

Quote from: UserU on August 12, 2020, 10:18:27 PM

Quote from: FinneysTrueVision on August 12, 2020, 11:34:28 AM

New VIP Rewards added.
https://coinpot.co/vip

Quote

INSTANT ACCESS SAVINGS + REWARDS!
The VIP Rewards system allows you to use your CoinPot tokens balance as a free, instant access savings account! There are no fees and no lock-in - so you are free to spend/convert your tokens at any time without penalty. As well as daily interest, you will also receive other rewards depending on your reward level.

That's nice, but more than 5,000 tokens to start earning interest in tokens? Gonna take a long time for those with a life.

well with a daily rate of 0.02%, even if you have 5,000 tokens you will only get 1 token per day in interest!
i think this is aimed at people who deposit and have larger balances - allows them to hold and earn interest rather than gambling!

True, but something's better than nothing! I also think it's a great way to encourage brand loyalty and the desire to build up a referral network.

dont worry, i agree
i'd definitely rather hodl my tokens and earn daily interest than gamble on a 0% multiplier with as much chance of losing as winning

and its compounded interest - so you get a decent return if you can hodl for long enough!!

Me too. Gambling is a mug's game!

UserU

hero member

Activity: 2254

Merit: 537

My passive income eBook @ tinyurl.com/PIA10

True that, it's still better than nothing.

Speaking of referrals, if only we know how many of them we have, like some counter.

grahamlyons

full member

Activity: 338

Merit: 104

Quote from: Adam556 on August 13, 2020, 04:05:21 AM

Quote from: grahamlyons on August 13, 2020, 03:19:55 AM

Quote from: UserU on August 12, 2020, 10:18:27 PM

Quote from: FinneysTrueVision on August 12, 2020, 11:34:28 AM

New VIP Rewards added.
https://coinpot.co/vip

Quote

INSTANT ACCESS SAVINGS + REWARDS!
The VIP Rewards system allows you to use your CoinPot tokens balance as a free, instant access savings account! There are no fees and no lock-in - so you are free to spend/convert your tokens at any time without penalty. As well as daily interest, you will also receive other rewards depending on your reward level.

That's nice, but more than 5,000 tokens to start earning interest in tokens? Gonna take a long time for those with a life.

well with a daily rate of 0.02%, even if you have 5,000 tokens you will only get 1 token per day in interest!
i think this is aimed at people who deposit and have larger balances - allows them to hold and earn interest rather than gambling!

True, but something's better than nothing! I also think it's a great way to encourage brand loyalty and the desire to build up a referral network.

dont worry, i agree
i'd definitely rather hodl my tokens and earn daily interest than gamble on a 0% multiplier with as much chance of losing as winning

and its compounded interest - so you get a decent return if you can hodl for long enough!!

Adam556

full member

Activity: 953

Merit: 102

★★ freecoyn.com ★★

Quote from: grahamlyons on August 13, 2020, 03:19:55 AM

Quote from: UserU on August 12, 2020, 10:18:27 PM

Quote from: FinneysTrueVision on August 12, 2020, 11:34:28 AM

New VIP Rewards added.
https://coinpot.co/vip

Quote

INSTANT ACCESS SAVINGS + REWARDS!
The VIP Rewards system allows you to use your CoinPot tokens balance as a free, instant access savings account! There are no fees and no lock-in - so you are free to spend/convert your tokens at any time without penalty. As well as daily interest, you will also receive other rewards depending on your reward level.

That's nice, but more than 5,000 tokens to start earning interest in tokens? Gonna take a long time for those with a life.

well with a daily rate of 0.02%, even if you have 5,000 tokens you will only get 1 token per day in interest!
i think this is aimed at people who deposit and have larger balances - allows them to hold and earn interest rather than gambling!

True, but something's better than nothing! I also think it's a great way to encourage brand loyalty and the desire to build up a referral network.

grahamlyons

full member

Activity: 338

Merit: 104

Quote from: UserU on August 12, 2020, 10:18:27 PM

Quote from: FinneysTrueVision on August 12, 2020, 11:34:28 AM

New VIP Rewards added.
https://coinpot.co/vip

Quote

INSTANT ACCESS SAVINGS + REWARDS!
The VIP Rewards system allows you to use your CoinPot tokens balance as a free, instant access savings account! There are no fees and no lock-in - so you are free to spend/convert your tokens at any time without penalty. As well as daily interest, you will also receive other rewards depending on your reward level.

That's nice, but more than 5,000 tokens to start earning interest in tokens? Gonna take a long time for those with a life.

well with a daily rate of 0.02%, even if you have 5,000 tokens you will only get 1 token per day in interest!
i think this is aimed at people who deposit and have larger balances - allows them to hold and earn interest rather than gambling!

UserU

hero member

Activity: 2254

Merit: 537

My passive income eBook @ tinyurl.com/PIA10

Quote from: FinneysTrueVision on August 12, 2020, 11:34:28 AM

New VIP Rewards added.
https://coinpot.co/vip

Quote

INSTANT ACCESS SAVINGS + REWARDS!
The VIP Rewards system allows you to use your CoinPot tokens balance as a free, instant access savings account! There are no fees and no lock-in - so you are free to spend/convert your tokens at any time without penalty. As well as daily interest, you will also receive other rewards depending on your reward level.

That's nice, but more than 5,000 tokens to start earning interest in tokens? Gonna take a long time for those with a life.

FinneysTrueVision

sr. member

Activity: 1680

Merit: 379

Top Crypto Casino

New VIP Rewards added.
https://coinpot.co/vip

Quote

INSTANT ACCESS SAVINGS + REWARDS!
The VIP Rewards system allows you to use your CoinPot tokens balance as a free, instant access savings account! There are no fees and no lock-in - so you are free to spend/convert your tokens at any time without penalty. As well as daily interest, you will also receive other rewards depending on your reward level.

Adam556

full member

Activity: 953

Merit: 102

★★ freecoyn.com ★★

Quote from: UserU on August 11, 2020, 02:42:47 AM

Quote from: dabbur on August 10, 2020, 05:14:57 AM

the problem with this lottery and multiplyer thing is, that you can not proof if it is real or not (unless you win by yoursel). if in FreeBitcoin forum someone tells you he won the lottery or rolled the 10000 it could be the admin of FreeBitcoin. you can only believe there, no proof possible. I only once rolled a 10000 in my roller life and that was at finalautofaucet and the prize was ca. 20 Cents Wink

- you can trust me.
but i rolled 2 times the number one at cointiply - bad luck its not even a primenumber.

Doesn't the CP Multiplier game have the provably fair button at the bottom? I don't really care about that since I don't like how it limits the tokens to just 10, 100 and 1,000 but usually the sites do inform how to verify the game results through a third-party or after the roll has ended.

And 20 cents as the grand prize? Oh my, that's the saddest one I've heard of!

Quote from: Adam556 on August 10, 2020, 09:41:30 AM

I see. I would have thought CP would have put some weighting on it so they can make some money. Why else run a game like this?

They still earn, just without the house edge. If I bet 100 tokens 10 times and only won 40 tokens, CoinPotty keeps the 60

And like what graham mentioned, their ads pay the bills so even a 5% isn't required.

Got it. Thanks for clarifying. CoinPotty - Cheesy

UserU

hero member

Activity: 2254

Merit: 537

My passive income eBook @ tinyurl.com/PIA10

Quote from: dabbur on August 10, 2020, 05:14:57 AM

the problem with this lottery and multiplyer thing is, that you can not proof if it is real or not (unless you win by yoursel). if in FreeBitcoin forum someone tells you he won the lottery or rolled the 10000 it could be the admin of FreeBitcoin. you can only believe there, no proof possible. I only once rolled a 10000 in my roller life and that was at finalautofaucet and the prize was ca. 20 Cents Wink

- you can trust me.
but i rolled 2 times the number one at cointiply - bad luck its not even a primenumber.

Doesn't the CP Multiplier game have the provably fair button at the bottom? I don't really care about that since I don't like how it limits the tokens to just 10, 100 and 1,000 but usually the sites do inform how to verify the game results through a third-party or after the roll has ended.

And 20 cents as the grand prize? Oh my, that's the saddest one I've heard of!

Quote from: Adam556 on August 10, 2020, 09:41:30 AM

I see. I would have thought CP would have put some weighting on it so they can make some money. Why else run a game like this?

They still earn, just without the house edge. If I bet 100 tokens 10 times and only won 40 tokens, CoinPotty keeps the 60

And like what graham mentioned, their ads pay the bills so even a 5% isn't required.

grahamlyons

full member

Activity: 338

Merit: 104

Quote from: Adam556 on August 10, 2020, 09:41:30 AM

Quote from: UserU on August 10, 2020, 02:58:01 AM

Quote from: Adam556 on August 10, 2020, 02:44:55 AM

I'm confused here? Why is this a scam? The house always wins and even major betting firms admit that upwards of 90% of their clients will end up losing money.

I don't think there's a house edge. It's either 1- 500 (Lo) and 501 - 1000 (Hi).

I see. I would have thought CP would have put some weighting on it so they can make some money. Why else run a game like this?

they make money from the banner/pop-up advertising that is on this site and on the faucets
the 0% multiplier house edge just draws in lots of eyeballs onto these ads!
its quite a simple business model

Adam556

full member

Activity: 953

Merit: 102

★★ freecoyn.com ★★

Quote from: UserU on August 10, 2020, 02:58:01 AM

Quote from: Adam556 on August 10, 2020, 02:44:55 AM

I'm confused here? Why is this a scam? The house always wins and even major betting firms admit that upwards of 90% of their clients will end up losing money.

I don't think there's a house edge. It's either 1- 500 (Lo) and 501 - 1000 (Hi).

I see. I would have thought CP would have put some weighting on it so they can make some money. Why else run a game like this?

dabbur

jr. member

Activity: 118

Merit: 1

Quote from: grahamlyons on August 10, 2020, 05:04:02 AM

Quote from: Justeunmec on August 10, 2020, 01:03:33 AM

And the scam goes on...
#0%houseedge

but why the hell do you continue to use it if you are so sure it is a scam? Huh

thats very easy: i win the challenge tokens an its more than losing with rolls. and thats why i dont understand why they are lying about the houseedge. they could simply cut the challenge prises instead. but i mean this coinpot guy(s) dont think a lot.

dabbur

jr. member

Activity: 118

Merit: 1

Quote from: UserU on August 09, 2020, 03:38:59 AM

Quote from: itsaworry on August 07, 2020, 02:20:05 PM

The same question was being asked on the Reddit thread 10 months ago . . . a few people came on and said they had won , or been runners up when the lottery first started , but by 10 months ago whales were dumping thousands of tokens into it and there was hardly a chance of winning . . one guy said the only way to win was to bet the amount of tokens that was the runner up prize . . i just carried on claiming from the faucets and didn't have nothing to do with it .

Imagine if FreeBitcoin has way more users but hardly anyone on the thread won the lottery there, this one is way rarer.

the problem with this lottery and multiplyer thing is, that you can not proof if it is real or not (unless you win by yoursel). if in FreeBitcoin forum someone tells you he won the lottery or rolled the 10000 it could be the admin of FreeBitcoin. you can only believe there, no proof possible. I only once rolled a 10000 in my roller life and that was at finalautofaucet and the prize was ca. 20 Cents Wink

- you can trust me.
but i rolled 2 times the number one at cointiply - bad luck its not even a primenumber.

grahamlyons

full member

Activity: 338

Merit: 104

Quote from: Justeunmec on August 10, 2020, 01:03:33 AM

And the scam goes on...
#0%houseedge

but why the hell do you continue to use it if you are so sure it is a scam? Huh

dabbur

jr. member

Activity: 118

Merit: 1

Quote from: Adam556 on August 10, 2020, 02:44:55 AM

Quote from: Justeunmec on August 10, 2020, 01:03:33 AM

And the scam goes on...
#0%houseedge

I'm confused here? Why is this a scam? The house always wins and even major betting firms admit that upwards of 90% of their clients will end up losing money.

this is not about gambling and win or lose. its about coinpot is telling me that there is no houseedge - and this is 100% a LIE. the only thing you can LEARN from this is that you can not TRUST coinpot. i would never deposit one satoshi there or hold balance more than 1$ - exept today, cos they are not paying out since 4 days.

UserU

hero member

Activity: 2254

Merit: 537

My passive income eBook @ tinyurl.com/PIA10

Quote from: Adam556 on August 10, 2020, 02:44:55 AM

I'm confused here? Why is this a scam? The house always wins and even major betting firms admit that upwards of 90% of their clients will end up losing money.

I don't think there's a house edge. It's either 1- 500 (Lo) and 501 - 1000 (Hi).

Adam556

full member

Activity: 953

Merit: 102

★★ freecoyn.com ★★

Quote from: Justeunmec on August 10, 2020, 01:03:33 AM

And the scam goes on...
#0%houseedge

I'm confused here? Why is this a scam? The house always wins and even major betting firms admit that upwards of 90% of their clients will end up losing money.

Justeunmec

jr. member

Activity: 36

Merit: 1

And the scam goes on...
#0%houseedge

Topic: [Unofficial] Coinpot.co - new microwallet - page 38. (Read 100852 times)