Bitcoin Forum

I'll put aside your rank and your post count because I have question to ask. How many cryptocurrencies are accepted in this site? As what I have read only ShapeShift and Coincap, so is there any plan on adding more cryptocurrency to use as payment?. Good luck with your site OP.

Just checked out your site and I like the clean look overall, but I don't really see the point in predicting in these sites when I can just day-trade on exchanges. I could not find the FAQ section anywhere which is something you need to add asap.

Its pretty clear that BTC, LTC, XRP, BCH and ETH are offered as crypto with which you can bet on the front page. You should have simply looked closer.

That's not what he is asking for imho, the ones you mentioned above are the assets that you can use to bet/predict while he is asking for which coins for payment purpose (deposit and withdrawal) because the unit used here is Points as shown on the balance. Users need to buy points in order to play, 1 point worth 1 usd as I can see under the purchase point menu.
The site uses coinpayment system for this purchase points purpose, I tried to use it and here is the accepted crypto to buy points. http://prntscr.com/p24pt3

I am a bit confused about the Bitkul (https://bitkul.com/)cryptocurrency site that you are developing right now.
Read it already, but do not understand all the goals and rules.

Link: https://bitkul.com/general-user-guide-faqs/#

Question:
1. Do all members play just predicting the price of crypto up and down.
2. With crypto what you pay for, Bitcoin or Ethereum etc.
3. Bitkul Telegram No comments from members: https://bitkul.com
4. however, funds are transferred first or directly there is the first capital from Bitkul.

https://bitkul.com/

The answer is very appreciated.

Wow! I like your Bitcointalk thread design. That's the only thing I can say for now. Hopefully, your business should be good as well.

Welcome to the casino gambling community.

Balance 0.00 Points Wins 0 Losses 5

For a type of binary option trading its odd to lose it all and im pretty sure on how i do check prices but well maybe im just unlucky.

Questions:

I see that input of 5-100 on btc option bet. This do pertains on mbtc? Or this do counts on 5k sats to 100k sats? Please clarify.

Nice simple platform, that's good.

Do you have a system to prove that your results are fair? Right now the chart on the left is extremely vague, and doesn't show what source you use to draw cryptocurrency values.

Overall, definitely promising, seems like the platform will develop into some sort of predictions market platform like Predictious.

Keep up the good work, hopefully the platform takes off.

It is points, I'm not quite sure how much 1 point worth in bitcoin but someone above said that 1 point = $1 It is indeed confusing because there is no clear information about it. At least there should be a FAQ page to give some basic information about the game such as minimum deposit and withdrawal, withdrawal fees, etc so there wont be repetitive questions in this thread about the same things.

This is not my first time to encounter this kind of concept well you have a good design in your website but how can we assure that you will run a fair system? Do you have a welcome bonus for a new user? Or welcome bonus for the first time to deposit on your prediction platform?

What is the minimum points I can purchase?

they have general user guide & faq section =

https://bitkul.com/general-user-guide-faqs/#

the min deposit =

https://i.imgur.com/dsivx3z.png

but i tried placing 0.01 at first, and they will require you $5. should put a warning signal that 5 points is the minimum required deposit

for withdrawal =

https://i.imgur.com/roOcoxE.png

but the frequency of withdrawal is once per day only.

The minimum purchase is 5 points and 1 point is worth 1 USD. Also if you want to purchase there are 3 different ways to purchase points as stated in the user guide and faqs.

You mean,if they have Faucets for the newly created account and just want to try the site?
Upon visiting their site, they only have affiliate program and bonuses every time you make a deposit, and doesn't have any faucets yet. But take note once you deposit, you must wager a total amount of your deposit + bonus before you can withdraw.

Isn't it the same thing? How exactly would you bet with those specific currencies without even depositing them in the first place? The screenshot that you linked displays a few extra accepted currencies in addition to the ones that I mentioned.

The posts that myself and Bitinity posted above talk about what you are asking for. Just check out the screenshot that Bitinity posted and you can learn about the accepted currencies.

Assets for betting and accepted crytpo for payment are completely different. The site may accept 1 coin only (i.e btc) for the payment system but players are able to bet in various assets (btc, eth, xrp, ltc, and others) but luckily the site uses coinpayment where you can deposit with various coins. What I mean is that the coins you mentioned previously are based on the assets that you can bet not for the payment system so they are different.

i dont think the guy above mean faucet but i think he is referring to a different reward  , you know the reward that comes after you just register on a new site  .

its like a new kind of promotion to attract players but other sites dont currently offer it but they only have other types of bonuses like the one that you mention which was deposit or wagger bonus  .

faucets dont only come for new users afaik but its a feature for all players   .

Where does it get prices on the platform? So ultimately there are huge differences between the prices of exchanges period by period.

Yeah thats a really important question.
I also want to know about the same.
BTW it's really a nice and unique concept OP.
But in order to gain attention of the community, you need to do something different.
You guys can run promotions that will surely help you out.

If you do both read the whole main post then you will find the answer as it is stated clearly where they take the price data. They uses shapeshift/coincap.io so you can check it real time to check if the price in this site is correct or not by comparing it to the mentioned sites.

It is the seems very trusted platform ever among other spaces in the market.

Okay.Thanks for your help.So we can earn points using affiliate.

Interesting one. Is it Binary option or something close to that? What does the "fair play" means? An alternative to provable fair or something
Will definitely check it out later and will very likely play if it's Blockchain based.
I think your copper badge makes it a little more credible

I have seen some site with very similar concept or strategy but it was about predicting the next price of bitcoin but your is predicting if bitcoin would fall or increases, it's looks attractive and cool but have not check what the odds are I mean like what's the available winings and loss

I've played something like this before but i already forget it what site was that and since there is the same feeling that i get but you know i don't like the idea of predicting things to happen especially in an open market which is a bit hard IMO. But i like the concept since players have their options to choose what would be their best guess. It's more like you were trading yet looks like you were gambling or something.

well well , another binary option with crypto version ,
the site doesn't look bad at all.
the graph its very smooth as i play on practice game.
but,honestly , i hate gamble like this :D .
so, good luck for everyone playing with real money.

I was reading the referral commission structure and it's quite generous, along with the bonuses that is. They give a total of 40% commission per referral, 10% given after the referral deposits funds and then 30% over a period of three more weeks, that's 10% weekly until it's paid off. I am curious to see the statistics on how many wins to loss ratio there is on this site and would like to hear some experiences anyone here may have had so far. This is like trading futures, but more in a 'game' type format, or like options trading with punt, call. I wonder if it's riskier trading on here or on Bitmex.

40% from referral deposits? It sounds too good to be true for me as it may make the site spend a lot of money for the affiliate program because the referrals may not lose it all or even the referrals wins a lot of money. Imagine how if someone have many referrals and all of them win after making deposit?
Anyway where is OP? Its been few days after he announced his project here in this forum but he keeps on silence? I don't really like this kind of OP who just created a ANN thread then seems like go away.

Since this website positions itself as a gambling website rather than a trading one, I suppose it's okay. It's just that the stable profit is likely to be impossible here, but at the same time it's common for gambling, and still can be a nice entertainment. The fact that you collaborate with the third party, however, does not sound good to me. You see, it does not reduce the trust concerns, it makes them even bigger because now people have to trust both Bitkul and Coincap... Perhaps, since it's gambling and not trading anyway, making a sequence withing certain limits kind of based on the price but not fully, and making the game provably fair would be a better choice. Good luck!

It has been brilliantly solving out the unfair issues related to online gaming spaces.

Can I buy points with LTC?

I just created a account in bitkul.People like me are already very interested to it and we hope it will go far more towards success.

How is a platform to give predictions, under what analysis criteria are based? Only technical analysis? or fundamental? And the volume they take is from what Exchange? Since there is not yet a tool that takes into account the consolidated volume. And more or less what percentage of profit can they guarantee?

Looking around to your official telegram channel and there was only 7 members available and apparently people not too interested to bets on binary option however today my second attempts to make an account at there but i wasn't able to get an account and it was an error when i fil in the register form so i wondering why you didn't solved this issue immediately

The price will be got from Shapeshift or Coincap which is written in the thread. You missed it may be. Both of this sites are quite familiar and it will not be a problem with the fluctuations.

Already read it up : https://bitkul.com/general-user-guide-faqs/#
I'll give this site a try even though i do suck on to their trial.  ;D

How do they make sure that all kind of manipulation is impossible here?

Possible manipulation but they can switch up on integration into real time price which is far more better.
https://i.imgur.com/lTgLH9O.png
Im aint shilling out this one but this one is much preferrable.

Do Bitkul has mobile version to use?

How do they ensure traceable price?

It is good news for crypto players and also a very impressive concept for providing utmost fairness as well.

Thanks for your reply.

I want to play this prediction game.Do you have any videos?

Guess its too early to sleep.hehe
https://i.imgur.com/1oEPoi7.png

Well I am having the same problem right now I was just going to look at their site for a bit but I guess I couldn't do it right now.
I have some question for them as well if they ever want to get the site running again what is the advantage of using their site compare to other site that offers this kind of betting system too?
If I am not mistaken there are already several sites that have this kind of betting.

Probably its due to the lack of interest. The site and the type of the game (binary) is not attractive at all, there is no good marketing and promotions as well since they came to this forum.
I say the game is not attractive at all because the payout is fixed to 1.55x while there was a site called secondstrade which was offering the same binary trading with various payout as well as various marketing in this forum.
It is not surprising at all if this site sleep too early imho, but wondering whether the owner has given up already or he will come back soon.

True story on most binary sites where they dont get sufficient support and thats why later on they do failed down and leave up the market on dust.
Yeah they do have that fixed payout which isnt attractable at all.I remember that secondstrade and i agree that one is much more better than this.
If a project didnt focus out too much on marketing it would really end up like this,also it does vary always on sites offering if it does look good than others.

Can I play biktul from any country?

I am facing same same problem.Hope they will fix soon.

still internal server error. i wonder if they will be back online in the coming days???
or they are only fixing something within their system? can the OP say something about it or they already gave up?
they should have a strong marketing team to sell this platform to the users. and make some attractive offers to potential players, if in case they will go back...

OP didn't active for almost 2 weeks and he also didn't answer several questions from people at here and i had checking at their telegram official channel there was no announcement this is usual maintenance or they fix the system so i assume they closing their site because lack of interest

True not just for these kinds of sites, almost anything on crypto is so hard to get support now because market is too saturated. So unless you are very very special or have money to build a lot of hype, it is not going to get long-term traction.

So what is the ingredient for long term success? An actual developer willing to put in a lot of time!

I personally find prediction gambling to be very fun and entertaining. What I'd like to know though is what's the the max and min percentage gains? In other words, how much do you get on top of the amount you wagered?

Basing on my experience with these price prediction sites or simply binary options they do have 1.5x or 1.8 payout on each right prediction you would able to hit because you do only need to choose either high or below on the price you had entered so its just like a dice on having 50% odds but this one do have higher fees.

Is anyone of you experienced a problem in this bitkul site because I tried to log in again but its said internal error.
I want to check mybet guessing it hits my prediction this time.


Around 1.5x payout on right prediction I guess.

Agreed, it is 50/50 chance to predict whether it is going high or low but besides the fees I believe the payout does not benefits to its player. Because I can say to have 1.8x payout when we bet all of our money there, the risk is too high even though it is very simple game. Let assume you play 5 games and say if you bet 1 btc and you only have the chance to get 1.8x payout. In a long term game you can't recover the loss even if you use martingale system

I think this kind of game is very exciting because all we know that all of us is always conscious and excited if we talk about bitcoin price specially if we talk about price prediction. For me this game will be more attractive to the people or gamers that they feel or assumed that they bitcoin and crypto analyse or expert.