BidyBit.com - Double your money with bidding!

[Hazir]

Nice looking site. I did not play any yet, I will wait a couple days to see how people react.

Graphical design of the BidyBit is indeed professional and well done, but I have no idea about technicalities behind gambling, processing payments and deposits.
If you read ndnhc posts you can see deposits are not always credited and there are some problems with it at this moment. I would rather wait and see what is going on there for now.

[bajing]

how total maximum jackpot prize per one pot?

[andolini82]

Woow new gambling game with jackpot insite, will take alook on your site later... Btw its mobile friendly?? Have provably fair? Because many of member here said u have proffesional website and goodlooking...

[bitbaby]

I have the feeling this game will make you lose money way more than actually 'winning' anything because bots  

Group of users with unlimited balance can be employed by the site itself to keep bidding until the other users run out of balance. Not saying they will do this but just that it can be done.

But you're right, they don't even need users a script that makes sure that the last bid in every pot is theirs.

[ndnh]

For those who were waiting on update on blockchain situation. Then it's all good now for the last hours. There should be no more problems.

Thanks
I can see the balance now. And I won a little to break even the withdrawal.

I might be playing here for some time.

[B4RF]

The site reminds me of bitwars.org which I have really enjoyed.

I just don't know why you show the jackpots in USD

And I don't really like the layout, it might be more transparent with different tabs or something like that  

Anyway, Keep up the great work.

[ndnh]

I tried to withdraw but got:




So, I tried to withdraw a small amount which went through instantly. I still have balance left which I am not able to withdraw.

Issue was found that https://blockchain.info/address/1MnVvgmoocr7SQNEFEdShRXVsxeVTYi7AZ does not have enough funds to cover my withdrawal.



Edit: HYIP?

[ndnh]

Hi,

Please be aware that the site is having withdrawal issues.

I have a good balance at the site though.
Doesn't mean that it is trustworthy. I am only playing since I can't get it out atm.

[bidybit]

Nice looking site. I did not play any yet, I will wait a couple days to see how people react.

Graphical design of the BidyBit is indeed professional and well done, but I have no idea about technicalities behind gambling, processing payments and deposits.
If you read ndnhc posts you can see deposits are not always credited and there are some problems with it at this moment. I would rather wait and see what is going on there for now.

Thank you for the good words.
Deposits and Payments are processed instantly and automatically by our system.
At some point Blockchain.info (Bitcoin API) can work slower, that's what was experienced yesterday,and we can't do anything at that point, only wait. all the transactions are still processed instantly when they're system starts to work correctly. Usually it's not longer than hour that they experience server lags.

[ndnh]

Nice looking site. I did not play any yet, I will wait a couple days to see how people react.

Graphical design of the BidyBit is indeed professional and well done, but I have no idea about technicalities behind gambling, processing payments and deposits.
If you read ndnhc posts you can see deposits are not always credited and there are some problems with it at this moment. I would rather wait and see what is going on there for now.

Thank you for the good words.
Deposits and Payments are processed instantly and automatically by our system.
At some point Blockchain.info (Bitcoin API) can work slower, that's what was experienced yesterday,and we can't do anything at that point, only wait. all the transactions are still processed instantly when they're system starts to work correctly. Usually it's not longer than hour that they experience server lags.

No. Currently withdrawals are funded by other deposits.

[bidybit]

how total maximum jackpot prize per one pot?

There is no maximum as how high the jackpot can go.
So you are able to win an unlimited amount of money at each game depending on how many bets are made, but still you can win the amount of the pot shown on bidy-slot, even if you are the only bidder!

[ndnh]

This seems to be your hot wallet. https://blockchain.info/address/1MnVvgmoocr7SQNEFEdShRXVsxeVTYi7AZ

All deposits go there. All withdrawals come from there.

As soon as deposits < withdrawals (i.e. the address does not have funds to cover your withdrawals), you get server error.



That is precisely how ponzi works. Please top up the address with at least 1 BTC.


In other words, players get withdrawals only when 10% of withdrawals > the amount given away by the site towards to pot.

[bidybit]

Woow new gambling game with jackpot insite, will take alook on your site later... Btw its mobile friendly?? Have provably fair? Because many of member here said u have proffesional website and goodlooking...

BidyBit is mobile, pc an tablet friendly.
BidyBit has a responsive design so it will look good and provide best gaming experience on any screen size.

[panjul07]

This seems to be your hot wallet. https://blockchain.info/address/1MnVvgmoocr7SQNEFEdShRXVsxeVTYi7AZ

All deposits go there. All withdrawals come from there.

As soon as deposits < withdrawals (i.e. the address does not have funds to cover your withdrawals), you get server error.

That is precisely how ponzi works. Please top up the address with at least 1 BTC.
In other words, players get withdrawals only when 10% of withdrawals > the amount given away by the site towards to pot.

So interested to know what will bidybit say regarding this issue. If it is true that the withdrawal is only funded by other deposits, so it is clear that this is a ponzi/hyip scheme. bidybit is online now, but seems that he/she/they ignore you. 

[bidybit]

This seems to be your hot wallet. https://blockchain.info/address/1MnVvgmoocr7SQNEFEdShRXVsxeVTYi7AZ

All deposits go there. All withdrawals come from there.

As soon as deposits < withdrawals (i.e. the address does not have funds to cover your withdrawals), you get server error.



That is precisely how ponzi works. Please top up the address with at least 1 BTC.


In other words, players get withdrawals only when 10% of withdrawals > the amount given away by the site towards to pot.

Everyone get's paid instantly as soon as you click "withdraw button"
We take 10% withdrawal fee as it said on the website and that is the only fee we take.
We sponsor the standard Jackpot amount on each gaming slot from our pockets. This is our way of advertising the game, so yes we will loose more than we gain at the start. That is how every business works online and offline.
We do have enough to cover withdrawals and there shouldn't be any problems from this point.
We are sorry for those who experienced the server error.
We do have more than one BTC wallet with funds for BidyBit game, for extra security reasons we can't keep all our funds in one place.

So as far as word "PONZI" goes, then BiyBit is far from it as far as on the other side of the galaxy

[ndnh]

Everyone get's paid instantly as soon as you click "withdraw button"

Agreed. As long as there are funds in that address, which wasn't a while before.

We take 10% withdrawal fee as it said on the website and that is the only fee we take.

Agreed.

We sponsor the standard Jackpot amount on each gaming slot from our pockets. This is our way of advertising the game, so yes we will loose more than we gain at the start. That is how every business works online and offline.

Agreed.

We do have enough to cover withdrawals and there shouldn't be any problems from this point.

I cashed out all my balance. But I am not sure whether the two transactions that filled the wallet is actually two deposits by other players??

We are sorry for those who experienced the server error.
We do have more than one BTC wallet with funds for BidyBit game, for extra security reasons we can't keep all our funds in one place.

So as far as word "PONZI" goes, then BiyBit is far from it as far as on the other side of the galaxy

I am not sure about that.
It is not a ponzi, works differently, but you should have some funds extra so that withdrawals do not depend on deposits.

[bidybit]

I cashed out all my balance. But I am not sure whether the two transactions that filled the wallet is actually two deposits by other players??

It is not a ponzi, works differently, but you should have some funds extra so that withdrawals do not depend on deposits.

Withdrawals do not depend on deposits.
I mentioned that we are sorry, that this error happened. As the game has only recently been officially launched , we do encounter some errors.
But the main thing that matters at the end is that we fix these bugs asap and no one looses anything.

Please, if someone feels cheated, you are welcome to email us questions directly to support@bidybit.com or discuss them here.
We know that this type of game is new to the public, so we are ready to help as needed.

[maku]

We take 10% withdrawal fee as it said on the website and that is the only fee we take.

So you are taking 10% of everything customer won? I feel that is little too much in the long run. I mean House Edge on most casino games is lower than that, and they don't take additional withdrawal fees.
What is your game advantage over standard Dice casinos?

[bidybit]

We take 10% withdrawal fee as it said on the website and that is the only fee we take.

So you are taking 10% of everything customer won? I feel that is little too much in the long run. I mean House Edge on most casino games is lower than that, and they don't take additional withdrawal fees.
What is your game advantage over standard Dice casinos?

10% withdrawal fee. In the long run, this fee will go down. But even tho, compared to the amount we invest as a Jackpot hosts, meaning that we start each pot from our pocket's, in this case, the 10% fee is just a more stable start for the game itself.

Advantage over Dice casino game type?
It's hard to compare as these games are not similar.
The main difference is that BidyBit game is always live and involves live players joining together in one game, joining they're Bitcoins in one huge Jackpot. So even if you are not playing from the start you still can join at any moment and possibly by spending  $1 you have a chance to score the whole jackpot no matter how huge it is, $10, $100 or even a million bucks. The gaming strategy is what matters here.

[bidybit]

New functions will be added to the game as we progress. If you have any suggestions or ideas what you would like to see at BidyBit, then feel free to write them here or email us directly from our support page on BidyBit website.

The next function that is going to be added to BidyBit game is a user side chat box, so you could chat with other live players or even try to hesitate them just so you could be the king of the Jackpot!