Bitcoin Forum

JuicyBit ( www.juicy-bit.com/en/ )

"It's a cloud service that will allow you to grow your Bitcoins in a transparent way obtaining up to 25% in profits

To participate in the draw you must purchase JuicyBits (credits with a cost of 0.01 BTC each), the used Bitcoins will become part of jackpot for the next draws.

Every 5 minutes will be draw the accumulated jackpot selecting 100 random winners for every 1 BTC accumulated. The amount of the prize will depend on the amount of JuicyBits that you have in your account. The more JuicyBits you have the greater the prize."

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I have been playing in JuicyBit since 2 month ago, and here is what i think of it.

First, this is not an investment site, this is a raffle site with bitcoins. Is completely safe, until now i have won 0.3BTC in 2 months.

I know that there are investment sites that are scam, but with the raffles of JuicyBit everything have sense, with real payments and real percentage of wining.

What do you think guys?

What i think?


That you should fucking stop replying to your own accounts please. It is too goddamn obvious. noone has ever heard of that site except you. I wonder if you even get 100 visitors daily, I mean your alexa is 2 million..

If everything is real and transparent then start off by posting your AWSTATS. Lets see

You also gave OP a trusted feedback for what reason? "Good recommendation". Pfhahaha come on man.

For start, we think that you are full of bulls*t...there is no cloud mining company (???) that can give 25% profit.
so be serious here and admit that you are promoting a crap, mambo-jumbo ponzi scheme and stop the "mining" farytale of yours!

Oh yes, you can always gtfo from here... ;)

Guys, could you please READ carefully? JuicyBit is not a Cloud mining company or an investment site.

IT IS ONLY A RAFFLE!!

Please read before you comment or review a site.

Its a scam !! Your collecting btc and then you will runaway.you say that  We must purcahse juicybit for 0.01 btc to participate in the raffle? And then when the funds 1btc thats the time you will sellect a winner? Its a bullshit!! No one wants to spend 0.01 btc without nothing in return.

Did you ever try it? or is just Talking for talking's sake. I'm talking and commenting about JuicyBit because i have already tried it.

So please inform yourself about JuicyBit, before bla bla bla bla bla bla bla.

For me BitDouble.io is a SCAM, but i'm not talking about it, because i have never tried it, and i have never heard anything about that page on any other BTC Forum or community.

I invite you to try JuicyBit and tell me how it works. JUICYBIT WORK FOR ME AND THAT'S IT.

;-)

So where is the proofs that you get paid? and how you "invite" others if this works only for you?
how you can be so sure that will "work" for any other who deposit to this..."cloud mining" site/company?

I say that you cant,please prove me wrong! ;D 8)

I tried to do some research to get information about this site and I did not get anything.

There is no one to comment about this site.


I want to know about it.


OP is saying that the site is paying him, Although so far has not shown proof

What kind of proof do you need guys?

Blockchain Transaction address?
Screenshot of my JuicyBit Dashboard?

Just let me know to post it.

 ;D ;D ;D ;D ;D ;D ;D ;)

Yes, one of them...Or both!
But we all know that you can't do this, right noobie? ;)

JuicyBit is not a SCAM but a quite evolved BITCOIN RAFFLE SERVICE.

I spent about 1 week to understand the principle of functioning that is very sophisticated. For example the game credits (JBits) are very similar to a participation fee that allow players to take part to the draws as long as they have a positive balance in their account, but they have many other functions.

The Jackpot in Bitcoin corresponds to the income from JBits sales after deduction of the 5 % collected by the founders for the game management. 95 % of the turnover is put at stake and after every drawing the Jackpot is reconstituted by the new purchases and so on.

Contrary to the conventional lotteries or all the players pay to play, only the winners settle a proportional fee in their earnings (redeemed JBits).

JuicyBits is using two important ratio:
The first one is the 100 players per 1 BTC draw ratio and the second one is the redeemed JBits ratio which is 1 JBits per 0.0125 BTC (or 80 JBits per 1 Bitcoin) of gain thus determines the 25% of earnings regarding the initial player investment.

The most important rule to remember is "The more JuicyBits you have the greater the prize is", because JBits individual balances are used to compute earnings distribution according to a simple calculation of the shares. The best game strategy is to reinvest a big part of earnings to accumulate JBits, to withdraw minimal Bitcoin amounts only and to progress using defined landings.

Juicy-Bit is currently facing a slow-down regarding the number of valid draws because of a big wave of new players who have a very little JBits balance and because of possible bugs in the draw script that may not take some rules of functioning into account. For example the players with zero JBits balance should be excluded from the draws and the partial Jackpot distribution in case of insufficient JBits balance seems not working as it should.

I had some exchanges with the support regarding this and they are expecting a return to the normal in a few days.

If you have some question regarding Juicy-Bit, feel free to PM me.

http://imgur.com/a/kj319

Thats my pay. 2.5 months playing...

I began with 0.0125 and now 0.26

Sorry for the english im spanish...

This is not even a scam. This is not even bullshit. This is horseshit.
For 0.01 investment you get 0.00012000 bitcoin.

I don't understand what kind of crazy raffle is this, where you pay 0.01 and you have chance to win 0.0025?

Where is list of participants? How can we know this raffle is fair?

This must be a hell of a...raffle!
The site of this so called "lottery" is down and obviously that, is not a good sign.

So this very sophisticated team, find this "don't understand" scheme but they can't keep their site up and running... Really now?
Something is going on and it's, at least, shady. ::)

I can say from my experience with the site that it is currently paying. I deposited 0.01 BTC on 2-20-2017 on 3-3-2017 I finally had won the raffle enough times to have used up all my juicy bits and my balance was 0.01250000 BTC. That is profit of 0.00250000 BTC. It did take like 12 days to win this 25%, but it takes no work or effort so it is basically passive income.  I withdrew it all and received the payment just a few minutes after initiating the withdrawal. I would say this site is legit for now, however a lot of scam sites are legit at first and eventually turn into scam. So I am happy that I was able to come out ahead for once.

JuicyBit has a big issue which appeared with the registration of about 2500 new users within a few weeks.

The number of winning draws a day fallen constantly from more than 20 to almost nothing.

A big number of player accounts with little JBits balance is causing a lot of invalid draws as the total Jbits balance of users drawing lots has to cover the jackpot amount to allow JBits redeeming.

I wrote and sent to them a detailed analyze of the problem including the logic that should be applied to the draw script and my main conclusion was that it didn't perfectly reflected the rules of functioning, for example:

• The player accounts with zero Jbits balance should be excluded of the drawings
• The ratio used in the source code to compute the required JBits number may be wrong
• The partial jackpot distribution explained in the FAQ* (https://juicy-bit.com/en/faq) should work correctly to avoid invalid draws

*From the FAQ:
Are all the Bitcoins accumulated in the jackpot always drawn?
It will depend on the number of JuicyBits that the winning participants have, if their balance fails to cover the total amount of the prize in Bitcoins, a proportional prize will be distributed and the rest will be re-accumulated in the jackpot for the next draw.

Rather than following my recommendation, finding and solving the issue at its source, they made useless patch here and there a few days ago.

Users are loosing confidence because they consider JuicyBit as a HYIP and me as well regarding the amateurism of the development team.


UPDATE:
I received an email from JuicyBit today. They finally fixed and upgraded the draw script.
All accounts which I'm managing for me and for my family got more earnings again.
I will monitor this to see if it works as well as it should.