Bitcoin Forum

Did someone already invested in bitvest.io?
I have already sent there around 0,015,i wonder how does it look's like.
I've been looking for some informations and i have met a lot of people who where claiming this is a trusted site,but anyone invested there some amount,and got it all back?

sounds to me like a ponzi, and ponzi dont end good..  :-\
Back in the days ponzis start good make you profit but only for the first comers afterwards was a bloodbath & drama everywhere!!
Btw any news from your investment ??

God! Posting something which doesn't make any sense just to increase your post count? Bitvest is a legitimate gambling site. See their invetment discussion thread here  https://bitcointalk.org/index.php?topic=1375103.0
It is not a ponzi. It is called investment in their bankroll, you get profit depending on how much the site is making from all the players playing in it. it does have risk that you may not get a profit but it is not a ponzi like you are saying.

Okay, maybe, it is not a ponzi but what are the chances to get profit of such an investment?

All investments have risks. This one is of particularly high risk although it does have something that helps in generating the revenue and payouts. It has survived for 5 months so hopefully the investors have already gain their ROI.

It is not. Did you even clicked the link I suggested you to read? Like I said it depends on how things are going on their site. The more people lose the higher you get profit.
 Q: How long till i can divest?
A: Instantly, we have no time requirements for pulling funds you own.

Q: How much can i make?
A: Well it depends on your margin of risk, you can choose to risk 25% up to 500% which can lead to big gains.

Q: What risk is involved?
A: Well with any gambling site there is risk's, but all investments can be a risk so you have to decide if its a good risk for you.

Q: When can i withdraw?
A: instantly but if its a huge amount the wallet may need to be filled up to process your withdraw.

Q: Are my funds safe with bitvest?
A: yes they are safe as soon if you deposit its dump to a cold wallet which only the owner has access to.
You can also set up 2 factor authentication on your account to make sure your account isn't compromised an is secure.

You know that the site has a certain percentage edge and the owner also takes some percentage of each transaction for running the website. With these known parameters you can calculate your possible income. Usually it's about 0.9% of wagered in average (expected value)

Saying my opinion eventually yes it increase my post count, same happens with yours and everybody else.. anyhow how you can be so sure ?
there are a lot of definitions for these kind of schemes , ponzi,trees,pyramids and so on...
My biggest question for all this brilliant investments is if this investment is profit why it need more investors ? and the owner has to divide the profit among the investors ? since he can make a little patience for his bankroll to increase and it can be a win win ??!
It is only 5months old.. and you have seen exchanges collapsed with cold wallets collapse due to random factor (fire,earthquake,hacker,bad code,zombies) .. then what ? then drama!

I don't know that Bitvest has this kind of investment program before, until you made this post in Bitcoin Discussion section. Maybe I would give it a try, I hope this will goes well.

It is a very trusted site.
Run by lightlord (the name of the member on this forum)!
Overall the investment part is said to be in positives as users have received more than they have invested.

A few posts up though, I can confirm that this site is definitely not a ponzi (though lightlord lost 5 positive trust feedbacks recently so I cannot confirm this directly)!
(the owner of Bitvest.io also owns 777coin.com and 777coincom has been going since at least 2014)

Because gambling sites need bankroll. The bigger the bankroll, the more you can allow players to win maximally per bet. But you cant let for every player bet take your whole bankroll if very lucky. The gambling site could lose bankroll prety fast this way. Thats why player can win only few % of bankroll per bet (depends on site). So if you allow players to win up to 100 BTC per bet, your gambling site need much larger bankroll maybe up to 10 000 BTC to allow longterm operation.

So the bigger bankroll allows making bigger maximall wins per bet for players. So for gambling site operator it is advantage to have bigger bankroll, and sharing profits (and loses) with investors is fine (investors taking the loses as well if gambling site is unlucky and its bankroll shrinks, based on their contribution to the bankroll)

But trust and real life identity of  gambling site operator is essencial, because there is always chance for the gambling site operator to run with all investors Bitcoins.

So far none of the investors posted here to let us know his experience the with site,i believe that they are legit i never read any complains about them and for sure they are not a ponzi,but it seems that you have to wait a lot untill you get your seed money back.

That's what I don't understand!
Why does "lightlord" need investors in his site when he has, in his posession, more bitcoin than is invested on the site itself!
There is profit to be made, though the bankroll is usually expected to be at least 10000% of the jackpot set on the site!

I personally haven't tried investing in the site, but it's a game site. It always earns as long as players play.
Also, I've heard of this site for quite a while now. I think it's trustworthy simply because it has an obvious source of income, unlike cloud mining. Some cloudmining sites claim to mine but in reality is just a ponzi.
This one, on the other hand, is not the case. It's not mining at all.

Try investing, but don't invest what you can't loose, as usual.

I was also like wtf does this guy even read and know what he is saying. It is not an investment site it is a gambling website with the opportunity to invest in the house bank roll. How is that a ponzi ? You get paid out the exact same way the owners do. And ita not crazy amounts like over 1% in a day. That is a ponzi, high return offers. Yes you can make even 300% in a day but guess what ? Its not advertised you must do not yourself. If a shop keeper sells something he gets at $1 and sells for 2$ that is 200% so yes it is possible but not on some funny ponzi site that you were thinking about. Bitvest is a casino you just saw the vest part and assumed investment site. Biggest even have a signature campaign. How can you not know who they are ???

They've been in the business for quite awhile now and have been playing a signature campaign here in bitcointalk as well.
I've joined to them since last few months and promoted my ref link. they paid me as well.

There is a difference between risk and scam. You invest, players win a lot and you lose money genuine. You invest, players lose but you don't get your share. That is scam. Bitvest is one of the trusted investing websites out there.

your wrong answer, bitvest io not ponzy or hyip investment, bitvest io site gamble reputable
and ready long term campaign signature

I cant imagine a senior member still know nothing much. And even if so, please dont anyhow talk. This is not a ponzi scheme and it is a gambling sites. Just like betking, it is asking for people to invest so that its bankroll will be able to attract more serious better to come and bet.

the advantage of this investment is you always have the house percentage so every players to play there always house gain so you are in the profit side every time players coming in the only disadvantage is when someone got lucky and hit the big wins that your risk you will fall together with the house and your investment will be burned. good thing from bitvest they are giving you your option the more you want to gain the riskier you have.

Time will show my friend, i hope im wrong, but exact becasue im a senior and iv seen a lot the last 3 years im taking precautions and sharing my thoughts with other members here, i bet you have seen a lot of investing/betting sites gone overnight.. due to whatever issue .
Maybe im wrong since lot of senior/hero/full members defend Bitvest reputation

Slow down on that..Yeah my bct accounts new and my ranks still a newbie. But let me stop you right there, its like your saying you have tried or been there at all at bitvest. "Sound to me like a ponzi and ponzi dont end good" Yeah you said it in a way like "maybe" but  theres somehow other words to  use other than that. Im a user who is always at bitvest betting playing its games. And as far as i see it from my perspective, you will find it then there that its opposite from "ponzi .....:.  The people there starting from the top who runs/owns the site then to its branching out family bond. You have nothing to worry about,  the amount you invested is on a safe hand. And hey you can DIVEST what you invest at anytime at almost instant .

No offense ayt. :)

he is saying the right thing and correct what you stated wrong about there, but really bitvest is one of the longest running site existed here and if you are already been here for a long time you should really know that the site is behold of serious businessman lightlord and it get many better/sweet reputation since the site is good(my opinion).

I do trust bitvest but I don't like it that they take a percentage on every bet.
you have more risk here to lose on your investment

so far i have invested a little bit on betking and i have to say i am quite happy with their investment. I manage to profit even after the deduct of the fee. And it is a one time deduction unless you have new profit for the next month. To me, the most important is the amount of daily wages cause even if there is another sites with no fee but there is hardly anyone playing, you totally cant gain anything.

lightlord as the owner of bitvest.io has running these investment options almost in a year ago but i didn't see any investors from these site share their experience how percentages share profit from these sites

I actually learned about bitvest.io thru the signature campaign they are running.
I think lightlord is connected to the owner of allcryptotalk forum which bitvest is being promoted regularly on banners. bitspin and plinko can be fun to play really.

As compare to betking and MP, the investment in bitvest is lesser so there will tend to be less people advertising for it. I have yet to try bitvest and i have came close a few time to almost want to invest in bitvest but i back up in the last min as i prefer to invest in other things instead. So i am also quite eager to hear more feedback.

That is what I thought from the start, that it is a gambling site.
But after seeing this title for the thread I now had to see if I was wrong. That it is an investment site. That usually marks it as a Ponzi scheme right off the bat by most people in the investments thread.
After reading the posts now, I can certainly say it is gambling site. Therefore not a stable way to make a profit for putting anything into it.

I believe people like you should be taught the difference between having sex and watching one. A gambling site is the most safe one to invest, since we actually know what the users are winning and losing in high rolls. Bitvest shows high roll bets greater than 0.006. It is easily safe to invest keeping a record of that information. Also Ponzi? Do you know what a ponzi is? Please stop spamming for few coins from your campaign. Just read the post by Sparked before you.

I did some tests to see if im making a mistake or you (supporters) , and here is the deal
iv invested .01 btc with 0.25 margin for nearly 48hours it started with max profit 20sat and today was on loss 120sat, bad things happen on investment right ? maybe the win rate was high.. i pulled out my investment and try roulette black/red (always on red) with the usual tactic when you lose go double till win then back to original bet, and guess what.. did not manage to make it even because the chance for 10 lose in a raw chance was high i mean more than 17 times in a row,

strange fact is ok it is hard to win (luck factor/gambling) this is good for investors right ? But as investor it was loss also..slowly but steady

anyhow dont consider other ppl opinion as spam you are not in wonder land!
there is something wrong with their formula

They changed house advantage for slots. When it started I could turn breakeven, now I lose almost every bet.

No edge to any game was changed all games can be verified.
I'm sorry to tell you this your just having bad luck.

All games can be verified here:
https://bitvest.io/results

The edge for slots, is as always, 1.75%. You can check the bet history to see which rows users used to play and compare them to now, you'll see the reels which the used, and the rows (aside from custom ones) are all the same.

The reason for anyone winning or losing is how lucky they've been, sometimes you'll win big, sometimes you'll lose.

You are a signature whore period.
You dont know shit what you are talking about..
First, you are saying that they are a ponzi
Second, their formula is wrong
Check again dumb ass and use their verifier
You utter bullshit to get paid for your quota

Please don't abuse him. It is our duty to prove that the website is provably fair and 'probably fair' too. He has the right to know these.
As for Sir CoinBreeder, I have been playing there for a year or so and I have lost 0.02BTC once using martingale. If you want proof, I will search through my bets and show. However, I made 0.011 from just tokens too on another day. Online roulette is more fair than a real one since they can't tamper with it to their own advantage. The bets are verified and you can toggle to see bet results. As some say, you might not get extremely high returns from investments but that is what keeps Bitvest stable and running. It also proves the users edge in wins.

Except you are argue, and you are going off topic, I wish to know how much is minimum investment for bitvest or betking? I saw lorylore  invested in betking and he is satisfied, nobody from here didn't invest in bitvest bankroll, and nobody know anything about it.

Every investment is risky, but in my opinion its better to invest in casino then in some cloud mining site, or something else. So instead of fighting here about irrelevant things, does anyone know:
1. In which casinos we can invest in bankroll?
2. How much is minimum investment?
3. Does this investment have any time limitation? ( do we need to wait some period of time before we can withdraw our money? )

Thanks in advance for answers.

coinbreader since your first post in the thread it was obviously a spam , you were talking about something that you don't know about
you may post whatever you want , but not when you are trying to harm the site reputation without even knowing what the site is all about
anyways for the OP , bitvest is a trusted gambling site and the admin is well known in the btc community
I can't give an advice for investing cause it's a personal matter , but I would say that yes it's profitable but some people find it boring
in general investing in all trusted gambling sites is good , but you should have the patience and most people here judge the results based on the daily outcome which is so incorrect when it comes to investing in gambling


min investmen in bitvest is 0.01 and as I know Betking recently starts doing the same
1- you can invest in any site that you find reputable , can't suggest a specific one
2- as I said it's 0.01
3- in bitvest there is no time limits , you can simply invest and then divest after 1 second 

Sorry mate, I don't use this type of sites so I can't tell you what they are like.
I did not say it was a ponzi. If you can read properly I said if it was then it would be in the investment's thread thus being marked as one right away.
So you say with your signature::)  It is just like someone who barfs then says to another you have bad breath. :P
I am just expressing my point of view.
Just chill out and have a beer.
Cheers  ;D

whatever you say mr account auctioneer  :D you are used to talking with your self thru your account and never disagree with you that maybe you got angry, sorry cant help you with that your doc maybe..take your meds




Thank you Xavier , ill search it more..

Well how is your investment doing ? Its over 2 weeks since you began this thread so any updates ? What's your return been like ? It would be very useful to share this information with us.