Bitcoin Forum

Hi
Visited your site yesterday. Nice and clean effort. The site loads fast and you earn through single captcha. There is reward in every page so people should not compare its reward with faucets. Faucets are periodical while here you can visit once a day and stream through rewards. Still it can be improved in many ways including rewards.
I would recommend this site to anyone who wants to earn bitcoins watching videos.

Been waiting on something like this, i just wish it was a bit more passive.
Cool idea though, I'll be promoting this if it pays good.

Thanks for the feedback! Due to the recent dramatic fluctuation in bitcoin value, we have implemented a variable pay rate that fluctuates with the current BTC price. We've set this rate based on our early CPM advertiser stats in order to have our revenue break even with our payouts. Of course, once we've been online for a bit longer we will have a larger sample size of stats to use for these rates and the algorithm will change. But at the moment, everything is set to ideally break even on our end.

Additionally we've increased our referral rate to 20%, which is not included in our "break even" formula. Keep in mind, that 20% referral rate will have variable payouts based on current BTC value.

Nice site.
Added it on my site site too.

the payments is too low because video duration is 45 secs, i think you need increased rewards to get people interested to using your apps

I appreciate this feedback, and the pay out rate is definitely something I will be working on to ensure it is fair, sustainable, and encouraging enough for users to actually want to watch the video. We initially started payout rates much too high to be sustainable long term, and then at the same time, the btc value skyrocketed. Because of the volatility, I wrote a script that specifically matches the value of my overall average revenue for each ad viewed to the current value of BTC in USD. I am definitely working on fine tuning this, and I definitely hope to be able to make higher payments without littering the site with banner ads.

One thing to remember is that there is no wait time between videos other than the 45 sec view time, so you can watch videos and earn continuously.

Here a re a few more questions to think about with regards to payments:

1) would you rather see more banner ads in order to supplement higher payout rates?
2) Would you be more or less likely to use vidybit if payout rates were affected by geo-targeting? The payout would be higher or lower based on the country of the viewer and the countries the advertisers are targeting for video ads?
3) Would you be more likely to use vidybit if we offered happy hour bonuses, random jackpot payouts, or power streaks for watching a certain number of videos in a session?

i have tried your site

i get blank video ???

Title: These Women Tried On Vintage Bras For The First Time And It's Hilarious
Duration (skip video if less than 45 sec): 03:09
Channel: lifestyle
Topic: hilarious
Video Selection Method: Most visited
Credit will be sent to: xxxxxxxx


please fix it

This is the first I've heard of this :-\

Is this a continual problem for you, has it happened intermittently, or was it a single instance?

I will definitely look into it. thanks for letting me know.

i have tried it again and i get other eror -_-


Fatal error: Uncaught exception 'DailymotionApiException' with message 'Invalid method name: GET /video/.' in /home1/mfmedia/public_html/vidybit/Dailymotion.php:432 Stack trace: #0 /home1/mfmedia/public_html/vidybit/Dailymotion.php(337): Dailymotion->call('GET /video/', Array) #1 /home1/mfmedia/public_html/vidybit/next-video.php(194): Dailymotion->get('/video/', Array) #2 {main} thrown in /home1/mfmedia/public_html/vidybit/Dailymotion.php on line 432

Also, interesting. Thanks for this. I'm looking into it now

Another way to earn free satoshis thanks dude i will added it to my collection and my rotator...

We've got 2 new updates for vidybit!

1) Vidybit now automatically donates an additional 5% payout to a charity of our choice for every video watched! We are currently supporting WikiLeaks, but this is subject to change. Additional information can be found on our Who We Support Page Here http://vidybit.com/who-we-support.php (http://vidybit.com/who-we-support.php)

2) We've added a search feature that allows you to select a channel and a search term to narrow down your videos. This can be found here http://vidybit.com/search.php (http://vidybit.com/search.php)
If people enjoy this and use it, we could also implement pages for specific channels.

Lastly, it appears some users to get an error every once in awhile, and while we haven't completely resolved the issue, it can easily be bypassed by simply refreshing the page.

Thanks for all your feedback and for visiting!

If you're looking for a quick and easy way to watch unlimited videos for instant bitcoin vidybit.com is absolutely still the answer. We don't require registration, we have no waiting periods, and we pay you instantly. We also offer a 20% bonus on all referred sessions, and we now donate a 5% bonus to wikileaks for every video watched.

If you'd like to see us donate bonuses to another organization, please post a link to their website and keep in mind they must accept BTC donations, but we're happy to support other organizations that do good in the crypto-community so let us know if you have any requests or suggestions!

Nice concept but my data is costly so I don't like this site .

"We also offer a 20% bonus on all referred sessions". So once the referred users session expires then the referral stops?

Referrals should be life time as every faucet do ?

We've built our faucets around anonymity, and therefore we do not utilize a database that stores user information such as email and BTC address. Therefore referrals are counted by sessions. I understand that it's not how MOST faucets work, but it is how vidybit works. Of course, adding it to your list of faucets is completely up to you and I can also understand why you might not. But thanks for considering doing so anyway  :)

I managed to watch one video, then went on to the next one, then off the site.

Good site but will not be using it, captcha solving on faucet sites is more profitable for me.
I would waste a of time and satoshis by using your website, it just the low rewards you have.

I like it though, thumbs up for the concept, even though I have used sites like yours before.

Thank you very much for the feedback! We currently have a custom algorithm that adjusts the payout rate based on the current price of bitcoin. I'm actually looking into removing the video ads so only videos without ads are shown, and shortening the required viewing time for each video to something a bit more reasonable like 30 seconds. Unfortunately, the faucet is completely supported by the banner ads and we are no longer being paid for the video ads (which also gives me more incentive to try to remove them completely).

It is currently running at a break even point, but hopefully I can turn up the revenue and turn up the payouts soon. Again, thanks for the feedback, its always appreciated!

I believe we've finally fixed all the errors and we're currently paying out 61 satoshi for every 45 seconds of video. GET PAID TO WATCH VIDEOS (http://vidybit.com/)  ;)

We've also removed all pre-roll video ads!

We've launched the official VidyBit Android app and it is now available through the Google Play Store.  The new Android app is currently paying 2X payout rates compared to the website app. All earnings are sent instantly via Xapo.

We are still essentially in Beta and will be increasing payouts in the app once we can identify our average monthly ad revenue. Payouts will be adjusted to pay 70% of all ad revenue to users. The other 30% of ad revenue will go towards fees associated with site maintenance and hosting.

Download VidyBit here and let us know what you think! All feedback is very appreciated and is always considered during future developments.
http://vidybit.com/assets/img/en_badge_web_generic.png (https://play.google.com/store/apps/details?id=com.vidybit.android)