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Author Topic: Block this address!! It already cost me 0.39BTC in just 2days :(  (Read 975 times)
maokoto
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April 26, 2016, 02:15:13 PM
 #21

Seems incredible someone can make so much by botting/referring, it is good to know. Sorry for your loss, and thanks for your warning!

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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marlboroza
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April 26, 2016, 03:32:55 PM
 #22

This address "1D9Rncezd6AwGzw1a5REsLfbDPMYu3Um4L" has cost me 0.39BTC in just 2 days!

If you ever see this address on your payout list block it immediately! My God i feel like crying! So happy i found the route of my problems!

Stay safe out there and always check your payout list, there is an amount of referral payout you should have paid to an address before you decide to block it! This address has made enough from me so i have decided to block it. 0.39BTC is enough reward for a particular address in referral commission.

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Check out my faucets, if you haven't:
http://bit-freebie.com
http://satoshipalace.com

Kind Regards,
Admin of Bit Freebie & Satoshipalace

You have block my address to 1JUc1zShpFuzXKTbHtU7xHo5RkYLyGDchf Why?   Embarrassed


primera is a honest user and claimer. Why did you ban him?

Because i believe i have paid you enough referral fee and you a driving the amount of satoshi in circulation to the ground. I have paid you enough referral fee! Let more people come in and gain more satoshi as well. It's because of you and others that i haven't been able to determine a permanent satoshi claim amount. You have had enough satoshi from me my friend. I'm not indebted to you and neither are you to me. I am just trying to do whats best for the people who don't have enough referral power like you do. Now they can all earn more.

I am sorry about lost btc, but you have to know one thing: you are offering refferal commision my friend, and with that you have people here who are promoting your site(and you pay tham back with that commision), so you are actually saying "promote me and after some time i will take your refferals %"? Why do you have refferal program than? You can always set refferal program to give 1% to sponsor on sponsors claim with maximum of 100% for every active user under them..
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April 27, 2016, 08:53:53 AM
 #23

earned me money? you do understand that i am just starting and all i have made is losses and most especially from having an address with large referral. A referral fee is supposed to be a one time claim on everyone the referrer brings, not continuous. I can't work with continuous. Still going to block the address after sometime because i will need to increase my referral fee soon enough. You want more referral satoshi? provide another address and bring in new faces. That's how it's supposed to be. I can't be indebted to you forever.
You have basically two options:

1. A referral commission in percent of what the referral earned. If you earn eg 3.90BTC from them through ads and pay out a 10% commission of 0.39BTC, you still keep 3.51BTC. Then there is abosutely no reason to cap the commission, unless you want to piss of your partners by looking greedy.

2. A "bounty" program where you pay for every referral who signed up under a user. If you do that blindly just based on sign-up numbers, well no surprise that it gets abused. It's easy to create hundreds of fake accounts and pile up the bounties on the main account. Tie that to a requirement, eg "bounty is only paid after the referral earned amount X".


Bounty: Earn up to 68.7 BTC
Like my post? Feel free to drop a tip to 1BitskyZbfR4irjyXDaGAM2wYKQknwX36Y
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