A competition idea with a 1btc prize

[jackg]

I had an idea for using a site that has a minimum withdraw of 1BTC and earning of around 0.0001BTC per claim and wondering if I could make a referral competition from that. If people used my referral and gained 1BTC would receive a 1BTC from my 100% referral earnings if they and I are both able to withdraw from the site.

Suggestions and questions are welcomed.

[1715238405]

1715238405

[1715238405]

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[Gifted]

I had an idea for using a site that has a minimum withdraw of 1BTC and earning of around 0.0001BTC per claim and wondering if I could make a referral competition from that. If people used my referral and gained 1BTC would receive a 1BTC from my 100% referral earnings if they and I are both able to withdraw from the site.

Suggestions and questions are welcomed.

one btc is nice to have but i dont see your idea probable or practical

[cryptoheadd]

I had an idea for using a site that has a minimum withdraw of 1BTC and earning of around 0.0001BTC per claim and wondering if I could make a referral competition from that. If people used my referral and gained 1BTC would receive a 1BTC from my 100% referral earnings if they and I are both able to withdraw from the site.

Suggestions and questions are welcomed.

one btc is nice to have but i dont see your idea probable or practical

Where would you get the Bitcoins?

[creepland]

You will never withdraw 1btc from that types of faucets.
 

[ilvbtc]

Better if you let us know the site before we have any estimate of it.Usually all such high payout limit sites are scam.

[jackg]

The site is satoshisatoshi.com

I am unsure if it is scam, it may just be a way of getting greater payments, however, there payouts list does not seem to have changed.

[kwaasteniet]

Yes this is a scam site. The owner has also the satosihiriver.com, satoshithree.com..........to satoshiocean.com faucets. This were high paying faucets for half a year ago. But all they turned out to be a scam. Not paying and so on.

[bitcoin revo]

I am unsure if it is scam, it may just be a way of getting greater payments

Adding onto what kwaasteniet said, think about it like this. I doubt you'll make the website $430+ through ads and the such through claiming consistently throughout a period of time.

Here's another way of thinking about it and a good general rule of thumb: avoid high payout requirements. It gives websites plenty of time to run.

[onlinedragon]

This website satoshisatoshi.com is already discussed in other topics. Like you can read they don't pay there people like they promised.

https://bitcointalk.org/index.php?topic=1416485.0
https://bitcointalk.org/index.php?topic=1391786

This topic telling all about there nasty working:
https://bitcointalk.org/index.php?topic=1398409.0

[maokoto]

This kind of sites just hide behind the high payout to get a big user base before people can prove they are not going to be paid.

[jackg]

This website satoshisatoshi.com is already discussed in other topics. Like you can read they don't pay there people like they promised.

https://bitcointalk.org/index.php?topic=1416485.0
https://bitcointalk.org/index.php?topic=1391786

This topic telling all about there nasty working:
https://bitcointalk.org/index.php?topic=1398409.0

That is inconclusive.

I'm not sure that satoshisatoshi.com have the same admins as other sites, they use referral links to link them so that is unusual.
High payouts may be suspicious, but not too much. There is no one that hasn't been able to withdraw from that site.

However, I may as ell stick with the tried-and-tested faucets.

[jackg]

I had an idea for using a site that has a minimum withdraw of 1BTC and earning of around 0.0001BTC per claim and wondering if I could make a referral competition from that. If people used my referral and gained 1BTC would receive a 1BTC from my 100% referral earnings if they and I are both able to withdraw from the site.

Suggestions and questions are welcomed.

Well, i see few problems here. First nobody will click there because there is not single person who would believe in site with 1btc min payout. Second that site will be scam because you will never get enough money from ads to pay. Or if you enable deposit its not faucet but invest platform and it will be ponzi(scam again). So there is no way you can run legit site like that

cheers

You cannot deposit on the site.
Though I assume that it could eventually turn  to scam, unless they get large amounts of traffic which I would consider to be unlikely.

Also, this doesn't seem too good from who.is

Expires On                     March 05, 2017
Registered On                March 05, 2016
Updated On                   March 05, 2016