That's not the right screenshot. Can you do one of the ROLL HISTORY on the MULTIPLY BTC tab like the post above yours?It needs to be of the actual win, not the history. |
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Go away. Finally.
I already did twice but you decided to lie about what I said so I had to come back and correct it. |
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Indeed you are now backing down on your previous claims,
Really? I would have to disagree that the resistance at 12k is "an impenetrable selling wall". There is a consolidation taking place which has found that resistance at 12k and also support around 8.3k. When that happens many traders will play the range and buy the bottom and sell the top repeatedly until it breaks out. That means if it does try and breakout upwards there will be many shorts trapped that will need to buy to cover, that will be the fuel for the next spurt upwards. Equally the opposite is true if it breaks down. Anyone who thinks they can predict which of those two things will happen is fooling themselves. Trading isn't about predicting which way it will breakout but rather recognising it when it happens and then reacting quickly to that.
What previous claim am I backing down from? You on the other hand. Now it seems that 12k turned into an impenetrable selling wall which will be hard to crush because those who bought at that and higher levels will now be trying to close their positions at all costs. And the longer we stay at sub-10k levels, the more resistance will be building above 10k.
~snip image
So we are kinda stuck in this range of 8-11k.
Well, maybe I should have clarified it a little further in OP. I don't mean that 12k itself is impenetrable. It is what sits above this mark which may be quite hard to pass through.
By definition, impenetrable means that it is conclusively not possible to breach... Even the biggest bear and disbelievers wouldn't put it beyond Bitcoin to at least make many more runs past 12k before its eventual fate is met.
...
Even if or when btc makes it past 12 k again, doesn't mean anyone's a genius or a fool, either. Just some of us get luckier.
Hey, guys, that was just a figure of speech,..... Hey OP, yeah, I think we knew, even though that's not really how figures of speech work  The 'impenetrable wall' phrase in the OP was the only reason I replied and gave an example of how it could be breached. As you've already backed down from your claim and now refer to it as 'a figure' of speech you have accepted the argument I put forward. Why you feel the need to repeatedly misrepresent the argument I put forward even after I've pointed out to you that I didn't make any prediction several times I find difficult to fathom. The only two possibilities I can think of are either you really don't understand what I said as it is too complicated for you or you are deliberately doing it to satisfy some purile need. |
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since thequin mentioned something about freebitcos profit issues, i not counting on it, but,
it would be awesome to have the option to buy 500 reward bonus, if that is to much even without profit issues, at least and option for 200 reward bonus would be nice...
right now, i running with 100 reward bonus + 1000% btc bonus
Just to be clear we don't have profit issues but we were having botnet issues. Halving the base reward has given them profit issues and made them go away. I'm not sure about the idea of being able to buy reward points as it's meant to work the other way round, to reward you for doing something. I'll mention it to wetsuit the next time I speak to him. I might be wrong, but maybe @mewbrrj meant to increase the redeemable RP bonus. Right now the limit is 100 RP bonus per roll. Maybe if wetsuit could increase that limit we would be able to collect more RPs quicker. Especially those affected by the halved base payout would be able to use those RP to somewhat compensate for the situation. Right, I get what you mean now. I'll mention it wetsuit the next time I speak to him. |
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This is a bad thing for self-proclaimed "professional" traders blindly expecting short squeezes and new highs
The bad thing is people that only read half of what is right in front of them. I never said I expected it, I said it was one of two things that could happen. Closing your eyes to one side of the market is equally dangerous as everything is possible and you need to weigh the probabilities. |
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We shall set the auto-withdraw fee to the current slow withdraw fee at the time when payments are made after this Sundays payout.
It is good decision finally. Thanks for changing your mind to reduce the fee. When we can change the withdrawal fee prices go up then if we give any kind of excuses for not reducing the fee when prices come down it doesn't look good. As I was saying the reluctance was due to thinking about what happens the next time fees go high again. If people have auto-withdraw set they wouldn't necessarily know they were going to get charged a high amount. But wetsuit has come up with a solution which is to use the dynamic slow fee at the time of the withdrawal but to cap it at a maximum of 3000 sats.
What is the reason to halve the rewards if you don't have 50$ in your balance? This gives me a bad feeling. In a way you are forcing players to deposit BTC or gamble just to have full base rewards... Yes freebitco.in has done some good things (like the interest), but this I don't get.
As a site, they also need to make a profit other than just giving out money. Since it is a free money so they can set their own rules to give free rewards and I don't think anything wrong with that rule. It's something forced on us by the botnets, the $0.001 base reward isn't profitable for them and they're not going deposit and gamble. We're not forcing anyone to deposit or gamble but we can give you the full $0.002 if you do.
By the way excuse me if I sound ignorant but this will be permanent for my account?
It's not seen as being temporary but things are always changing. |
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since thequin mentioned something about freebitcos profit issues, i not counting on it, but,
it would be awesome to have the option to buy 500 reward bonus, if that is to much even without profit issues, at least and option for 200 reward bonus would be nice...
right now, i running with 100 reward bonus + 1000% btc bonus
Just to be clear we don't have profit issues but we were having botnet issues. Halving the base reward has given them profit issues and made them go away. I'm not sure about the idea of being able to buy reward points as it's meant to work the other way round, to reward you for doing something. I'll mention it to wetsuit the next time I speak to him. |
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Good morning, i have some problem about the reduced awards algorithm in the last weeks, I've been reading but I did not see anything like this.
When the algorithm was implemented, it happened to my account but then when improvements were made (thx) it was not more "limited", but recently it was again and I really do not understand what happens.
Maybe my IP has been blocked, blacklisted or something like that... So what can I do besides deposit $50 ?
PD: I'm sorry the english t's not my native language.
There were changes that were made to fine-tune the system so that would explain why you were temporarily above the threshold and then below again. Other than keeping a balance above $50 you can also play Hi-Lo, jackpots, or buy lottery tickets as it is a combination of all those things. |
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Here is a breakdown of sMerit sent during the period going from 24/01/2018 through to 23/03/2018.
....
Note: MeritBefore may no be exactly before, since all dataset are not extracted on exactly the same date.
I don't understand this bit as the system was introduced on 24/1 shouldn't everybody's before number be equal to their rank? So all Sr. Members would have started at 250 etc. I just wanted to make the point that you can't really do a comparison of the numbers that ranked up yet as it takes 8.5 months to get the activity to get from Sr. to Hero we'll have to wait that long to get a fair measure. |
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i have just 2803 freerolls. I havent got the 100$ in my account. Do i need to buy 2800 lottery tickets to stop half result? If not. How many?
I can't tell you exactly how many as that information is confidential.
Base price now at the 0.00000029 BTC buying more lottery and Deposit helped!
This guy has got the right idea, just do a bit of everything until you get there. |
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Constantly changing the weekly withdrawal isn't practical and people would not be happy if it was a dynamic fee and they didn't realise when the fees suddenly went high.
If you make a dynamic and announce it once then it will be users responsibility to check the fees if they enable weekly payment. As you say fees are low and you can get a slow withdrawal for 40 sats, so why the need for a weekly withdrawal?
That is users convenience and you can't ask them why they need. They may not want to go and withdraw manually so they may prefer auto withdrawals every week. Instead of asking users not to choose weekly withdrawals, why can't you guys remove that feature? What is the use other than the site can get additional profit from the more fee currently?
The auto-withdrawal used to be free. The idea was if you wanted your BTC sooner you'd have to pay a fee, which is reasonable. The change was made when BTC spiked to $20K a few months ago and people started either buying or selling and that drove up transaction fees to outrageous levels. But now that the bubble has burst, the fees have gone way down, which is why I was asking if autowithdrawal could be free again. To me it doesn't matter as much as my first question which was about having the minimum at a level that takes months for an honest player to reach when it used to take a few weeks.
That is true, they can't just increase the fee when it goes up but also need to consider to adjust when it comes down. We did consider removing weekly withdrawal completely but we have a number of customers that are not active but have invested in recruiting a large number of referrals. They are the ones that typically have auto withdraw turned on and we don't feel it is right to keep changing the fee as they will not necessarily know it has happened. They are also the type of customer that is happy to pay 3000 sats a week for the convenience. For anyone that is actively using the site using the slow withdrawal makes much more sense.
To me it doesn't matter as much as my first question which was about having the minimum at a level that takes months for an honest player to reach when it used to take a few weeks.
Meow
I hear you, it was only 30 free rolls when I started. This is much more a function of Bitcoin and micropayments than a freebitco.in issue. If we reduced it then we could easily get to the point that Tx fees go up again and I'll be answering endless complaints that fee is higher than the withdrawal amount. Just wait until we add other coins and I'm sure we'll offer other options to get your coin out. |
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If I go into a supermarket with £100 in my wallet, and I leave without buying anything, should the supermarket be able to take some of my money?
If members have sMerits because of their special interests, then they should be allowed to keep those until they feel they want to award post related to their interest. One example would be a member who just visits the legal board. He shouldn't be forced to wade through a load of posts that are of no interest to him.
I have just noticed something interesting to me about accounts without an avatar. I read that and decided to give you a Merit before I realized it was you. Normally I would have noticed the cat before I started reading. OK, OK. That's probably not interesting to anyone else. |
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TheQuin,
a curiosity that came up to me about the free roll bonus,
i was calculating how many lottery tickets would it be necessary to buy to go from 0% up to 100% at once, and how many times is it possible to accumulate it.
but my question is, once reached that 100% to add the bonus to the free roll prize, does it runs out eventually or does it stays like a user level reached?
thanks in advance for your response.
It goes up when you wager or buy lottery tickets and it goes down every time you do a free-roll. It is a ratio between the two using your all-time numbers. So to calculate how many lottery tickets you need to buy you need to know what your total free-roll winnings are. (On your personal stats page). |
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Hi
So wager doesn't increase free btc bonus, only wager on jackpot and buying lottery ticket ?
So the best way to keep a free Roll and base reward high is to gambling in jackpot or lottery half (or less or more) of what we win on free rolls ?
No, wager has a weight of 1x, Jackpot spending has a higher weight (4x) and the lottery has the highest weight (20x). Just play whichever way you enjoy.
Couldn't these rolls be rewarded a few more satoshis?  No, you just need to get your luck in the right place |
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OK, understood about the reduction of award for the lowest prize. Hopefully it will be temporary.
I also have two other questions:
1) The 30,000 satoshi minimum to withdraw has been in place for a long time. That was the minimum when the value of the bitcoin was only in the hundreds of dollars. When I started on your site, it was in the $700s and the minimum prize was 275 satoshi, so with a little more than 100 rolls you could reach the minimum.
Now that the value of BTC is more than 10 times that, wouldn't it make sense to reduce the minimum to, say, 5000 satoshi to make it more reachable? (Of course this would have to happen after the problem of the hacking and bots is resolved).
2) Now that the recent bubble is over and transaction costs are much lower, are there any plans to remove the 3000 satoshi fee for the automatic deposit, which is now even higher than the fee for instant deposit?
MM
1) I wouldn't expect much to be changing in the near future. The site is going to be rebranded and a number of altcoins added and an exchange function to be added. I would expect things like minimum withdrawal levels to be addressed at that time. 2) If you mean withdrawal rather than deposit then I think that is to try and move everyone away from using the weekly withdrawal. As you say fees are low and you can get a slow withdrawal for 40 sats, so why the need for a weekly withdrawal? Long-term we don't know how long fees will stay low and using dynamic fees on the slow and instant withdrawals is the best way forward. Constantly changing the weekly withdrawal isn't practical and people would not be happy if it was a dynamic fee and they didn't realise when the fees suddenly went high. With slow and instant you have to accept the fee when requesting the withdrawal whereas weekly is automated. Also after other coins are added you'll have the option to exchange and withdraw coins with lower Tx fees if you want. |
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Poorly run campaigns were meant to have their signatures blacklisted/blocked from the forum by theymos to stop this from happening. Several poorly run campaigns were suggested but it never happened.
If that is technically feasible then I think it's a good idea. Getting someone like you to monitor campaigns and zap their signatures sounds like a great way to go. It should be because theymos suggested it. As far as I recall he even agreed to it. It was at the same time we created the signature campaign guidelines and it was meant that those that didn't follow it even after warnings were supposed to have their signatures blacklisted for x amount of time if not permanent. Only theymos can blacklist them though and he probably doesn't have time to do that right now. The merit system alone isn't going to work and punishment for lazy campaigns who do little to nothing still needs to happen otherwise nothing will change. That old chestnut. A manager needs to be able to delegate to successfully run any enterprise. The same story with the hacked account recovery. If he could have delegated moderating signature campaigns then this would have been solved a long time ago. Anyway, thanks for sharing a bit of forum history I didn't know about. I just assumed it hadn't happened because it couldn't happen. |
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Poorly run campaigns were meant to have their signatures blacklisted/blocked from the forum by theymos to stop this from happening. Several poorly run campaigns were suggested but it never happened.
If that is technically feasible then I think it's a good idea. Getting someone like you to monitor campaigns and zap their signatures sounds like a great way to go. |
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No. The only thing this forum gains from signature campaigns is traffic. It will survive without them. The forum probablky loses money because money that would be spent on forum ad slots isn't and is instead paid to users.
theymos could start a signature space auction to supplement the ad banner space auction.
So nobody liked my idea that bad campaigns should be banned, rather than a complete block on signatures ( which would kill the forum ).
It's a good idea but how do you do it. You can ban the signature campaign managers from the forum but there's nothing to stop them organising a campaign off-forum. You should tell that friend of yours to register btctalksigcamp.com ASAP. |
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Lets say there are 1% inactive accounts here and 5% of tagged accounts that is inactive.
So this is equal to 6% less to the total numbers of members registered.
1,568,478 - 6% = 1,474,369.32
I think this is a serious overestimation of active accounts. According to Vod's site http://dev.martinlawrence.ca/bpip/there are 919,172 active accounts. That is based on registered accounts, minus accounts with no sign on for 90 days, no posts and no trust. I think that overestimates it still as all the spambot Newbies and other accounts that were banned in the last 90 days must be in there still. |
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Hello everyone. I'm new to this forum, and I'd like to show you something I don't get right.
First of all I'm at 13 sat as basic prize of a free roll ..
The point is if I want to make a 100% btc bonus, that'd cost 320 reward points (which normally cost 320 sats). But EVEN if I do 24 freerolls in the next 24 hours, all I get is 13x24=312 sats < 320. So these bonuses are bad deals.
don't the costs of different bonuses (in reward points) have to be changed dynamically too depending on Bitcoin value and the "player's activity" ??
Thank you
Can you tell me what it says in the bonus window on the FREE BTC tab? https://i.snag.gy/6bQq4H.jpg I know that is a different bonus but I think it should work in the same way. By the way: I don't use bots.. ID: 6440038
We're not saying you do. https://bitcointalk.org/index.php?topic=319540.msg33422371#msg33422371
Edit: Yes, you're right. Unfortunately that would be an easy loophole to get back to full reward otherwise. I'd suggest to save the reward points for now and try to meet the criteria for full base reward before using them. |
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