True Flip - Become a shareholder of world's largest blockchain lottery

[TrueFlip.io]

Hello.

This is from Facebook TrueFlip.io official https://www.facebook.com/TrueFlip.io

Hello, everyone. Recently many of you have been asking our support about the orange notice in your account.
This notice is saying that cheaters forced us to put a hold on all account withdrawals. Each user has to be verified before being able to withdraw. We recommend that you share this with your referrals, etc to make it a bit easier for our support team. We are constantly working to solve this issue, but need time to do so. Thank you for understanding.

and this

Hello, Trueflip users. Our live support team hours of operation are Monday to Friday 24 hours. Saturday and Sunday they will be offline. However, you can still get help by emailing us at support@trueflip.io Thank you for understanding.


Be careful, if you win it does not mean you will get you reward due to cheaters or any other reason. -)


International anonymous blokchain lottery would like to verify you, your bitcoin address or may be something else.
It sounds unreal.

Thank you for attention. Our system received a very serious load, at the same time there were up to 500 people on the site, and more than 12 thousand pieces were registered for one day. We were not ready for this success, so we need time to adjust everything for comfortable work with such a load. Unfortunately, bad people tried to deceive the system and began to register non-existing accounts, we are conducting an investigation. Please wait.

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[TrueFlip.io]

it's not true. Send please your account e-mail to pm. I will try check.

[TrueFlip.io]

Hello.

This is not good at all.
I have the answer for my request from support@trueflip.io

Please read

We received your request. All withdrawals are manual. It takes 2 to 4 business days to process your request.

We take money out of cold storage wallet and can only be taken out during business days.

Withdrawals are not processed during weekends.


Are you kidding me?
To get 20 usd from your wallet I should wait 2-4 business days.
Is this blockchain bitcoin wallet or bank transfer?

You're right, it's not good. But we need to fight against scammers, who tries to cheat the system, we have already identified more than 500 people who created fake accounts. This work takes time and does not give you any right to say that the project does not pay.

Send please your account name to pm.

[New User A]

I realised a fake ac has been created in trueflip.io using my email address. How can this be remedied?

[TrueFlip.io]

Dear friends, we have opened our official bitcointalk page - https://bitcointalk.org/index.php?topic=1928663.new#new

[New User A]

quote author=TrueFlip.io
These scammers are very inventive)
We are fighting and improving the system.
 
We need to confirm that this is your mail, I will send you a letter now, can you answer it?
[/quote]

Haha... what an unprofessional reply... Letter? Hmmm... this is how TrueFlip.io deals with fake user acs...

[lordharis]

what a lol site, you event cannot pay you affiliate how can you make better site? random banned? lol good luck for that
if you banned people in your site atleast give the proof if them cheat dude lol we no need give you the proof for your banned you say what a lol

[Zadicar]

This is just a brandnew site but there are already lots of complaints or issues against it which means its not really worth to put our money on here. Lottery based games are non famous and doesnt gain popularity ahead.There are some who tried at first then vanished after because no one would likes to bet.Reading above comments those are poor response and scamming attempts made by this site.How poor it is.

[BitcoinDetector]

Crossposting for more people to see:
Warning signs 15 days ago: https://steemit.com/trueflip/@iawgom/trueflip-io-bitcoin-lottery-concerns-about-their-ico and updates in comments which confirm the shadyness of this "business".

[Slark]

Some or the arguments you inckued as good reason to invest in your blockchain lottery are out of place IMO.
What's that got to do things like - number of users of blockchain.info or number of people playing lotteries IRL?
The fact is that blockchain lotteries are NOT popular, they are marginal among other crypto related gambling services.
Do you even know ONE successful website which offers big lottery jackpot?

[TrueFlip.io]

what a lol site, you event cannot pay you affiliate how can you make better site? random banned? lol good luck for that
if you banned people in your site atleast give the proof if them cheat dude lol we no need give you the proof for your banned you say what a lol

This is just a brandnew site but there are already lots of complaints or issues against it which means its not really worth to put our money on here. Lottery based games are non famous and doesnt gain popularity ahead.There are some who tried at first then vanished after because no one would likes to bet.Reading above comments those are poor response and scamming attempts made by this site.How poor it is.

Crossposting for more people to see:
Warning signs 15 days ago: https://steemit.com/trueflip/@iawgom/trueflip-io-bitcoin-lottery-concerns-about-their-ico and updates in comments which confirm the shadyness of this "business".

Some or the arguments you inckued as good reason to invest in your blockchain lottery are out of place IMO.
What's that got to do things like - number of users of blockchain.info or number of people playing lotteries IRL?
The fact is that blockchain lotteries are NOT popular, they are marginal among other crypto related gambling services.
Do you even know ONE successful website which offers big lottery jackpot?

Dear Friends,

We kindly ask you not to hastily jump to conclusions about our project. We are currently preparing to roll-out additional features on our community page that will add more openness to our project.

Here are examples of scams we have to fight on a daily basis:
https://youtu.be/SukbPJ4GPts

A lot of people have watched the video and applied this technique to make the experience deterimental for honest users. Every day we improve our bot detection system to filter users who are trying to skew the odds unfairly by generating false referals, register via one-time e-mail addresses, and generally attempt to use the lottery in ways that ruin the game for everyone. However, this is only a minor setback for us as we are in the process of building the most honest and provable lottery possible. We count on your support to make it happen.

We are open to any questions and in the near future a new page describing the project in-depth, and with a biography of our team is expected to be published and available for consultation.

We invite you to visit our main topic page at:

www.bitcointalk.org/index.php?topic=1928663.20


Update: All over the social media network, many cheaters write that our site is scam and we do not pay winnings. To prove our legitimacy we have made a special page where all the receipts and payments on our website are paid out with transactions in the blockchain.  https://trueflip.io/proofs_of_the_truth

[Amadues]

I was checking my mail and saw your mail:

1)"Hackers tried cheating with our security system and withdraw more than 8 BTC from the game! But, our security system could stand these attacks! As the result we’ve detected and neutralized more than 16,000 users who tried to trick True Flip."

What kind of breach are we talking about? Was this attack affected to fairness of past lottery rounds? Please clarify.

2)"At this point, withdrawals are carried out manually."

This isn't good sign and known practice for gambling site. It's a widely known fact that nearly 90-percent of sites offer instant withdrawal.Is this decision temporary or permanently due to hacking attacks?

[TrueFlip.io]

Hello, Amadues
Thanks for attention to our project and interesting questions.

I was checking my mail and saw your mail:

1)"Hackers tried cheating with our security system and withdraw more than 8 BTC from the game! But, our security system could stand these attacks! As the result we’ve detected and neutralized more than 16,000 users who tried to trick True Flip."

What kind of breach are we talking about? Was this attack affected to fairness of past lottery rounds? Please clarify.

As for the first question, there were many hackers who created botnets or fake accounts which were registered using fake emails, or fake social network accounts.
Some insolent cheaters have created 150-200 fake accounts to get free tickets.
In addition, there were attempts of cracking the backend of our system, but they did not succeed.
All of them have stolen nothing from our system, and couldn't succeed in changing its code or algorithms.
Our system is still clear and transparent. Each day our security team improves it program and makes it more stable.
In the future, we will improve our security system. We will implement a two-factor authentication by player's desire to ensure accounts are safe and legit.

2)"At this point, withdrawals are carried out manually."

This isn't good sign and known practice for gambling site. It's a widely known fact that nearly 90-percent of sites offer instant withdrawal.Is this decision temporary or permanently due to hacking attacks?

This is a temporary measure. We, at Trueflip, will try to start automatic payments in early July. One of our future goals after a successful ICO is to make  Trueflip decentralized, and transfer all payments to smart contracts.


Please ask all questions in the official topic

https://bitcointalk.org/index.php?topic=1928663.20

[sonhatq]

Hi all,
It's luckily, This morning i received an email that My bet won.  then I checked my account on True Flip. 

yes, luck was beside me ,

I tried to withdraw to test the system before spending time to.
however the withdraw section does not work.

[TrueFlip.io]

Hi all,
It's luckily, This morning i received an email that My bet won.  then I checked my account on True Flip. 

yes, luck was beside me ,

I tried to withdraw to test the system before spending time to.
however the withdraw section does not work.

Hello, sonhatq,

If you already report your issue we will respond you as soon as possible.
If not, please send us a request following the link https://trueflip.typeform.com/to/W71gcm.
We are happy in help you.

Best regards,
Trueflip.io

[TrueFlip.io]

Hi everyone!

We are proud to announce that our pre-sale stage is over! And it was successful! Of course we couldn't do it without you all.
We have collected more than 100 BTC and additionally received requests for more than 300 BTC after the end of pre-sale. And once again we noticed that our project is interesting to you and that it has a great potential!
We have not finished the full pre-sale report yet, but we already are working hard on attracting big names in the community and making our upcoming Token Sale great too!
By the way, our Token Sale will begin on June 28 and we are waiting for you there.
You can follow our news on Facebook and Slack.
Do not miss out the opportunity to take part in Token Sale, purchase TrueFlip tokens on super profitable terms and partake in bounty program.

Best wishes,
Trueflip.io

[TrueFlip.io]

Good news, everyone!

Following our successful pre-sale with over BTC100 gained, we’re happy to announce the new Jackpot size, which is now BTC39.5 ($100k, depending on BTC rates) and it keeps growing.
As we stated before, that’s a direct result of these funds distribution process according to our policy.
Therefore we’re waiting for the main ICO event to form a really one-of-a-kind Jackpot in its size and transparency.
Just get involved and support the birth of a legend!

Best wishes,
Trueflip.io

[David19]

Hey!

Apart from the nice graphic design not much is known about your company. I don't see any option to invest on your site and the expectation to sell 2 million+ tickets is absolutely absurd! Even if you sell 2 million tickets that means you have to have a prize of 1 million dollars in btc, and I'm not quite sure if you have that kind of money.

Now the stats: you claim 1/5 people participate in loterries of the 12.5 million registered users. Then you claim they will all come and participate in your lottery.

Reality:
- not every user is active
- how did you get that 1/5 number?
- you don't have 100% marketshare so you won't get all customers.

Another claim: $600000+ on marketing

Reality: this is waaay too much, the active bitcoin community doesnt require that much money and you havent even shown us all the types of media you will use and how effective it will be.

Another claim: ticket revenue: 50% to jackpot, 10% to shareholders, 40% to ?

Reality: I assume the 40% is profit, there is no reason to take that much profit. I would suggest that you make the percentage the shareholders get and the amount that goes into the jackpot higher.

Verdict:
Do not invest, this company and it's business model is waaay overvalued to the point where this might be a scam.

That being said there are many things wrong with the numbers and if you really want to attract possible investors, you should re-calculate and get the numbers right

[TrueFlip.io]

Hey!

Apart from the nice graphic design not much is known about your company. I don't see any option to invest on your site and the expectation to sell 2 million+ tickets is absolutely absurd! Even if you sell 2 million tickets that means you have to have a prize of 1 million dollars in btc, and I'm not quite sure if you have that kind of money.

Now the stats: you claim 1/5 people participate in loterries of the 12.5 million registered users. Then you claim they will all come and participate in your lottery.

Reality:
- not every user is active
- how did you get that 1/5 number?
- you don't have 100% marketshare so you won't get all customers.

Another claim: $600000+ on marketing

Reality: this is waaay too much, the active bitcoin community doesnt require that much money and you havent even shown us all the types of media you will use and how effective it will be.

Another claim: ticket revenue: 50% to jackpot, 10% to shareholders, 40% to ?

Reality: I assume the 40% is profit, there is no reason to take that much profit. I would suggest that you make the percentage the shareholders get and the amount that goes into the jackpot higher.

Verdict:
Do not invest, this company and it's business model is waaay overvalued to the point where this might be a scam.

That being said there are many things wrong with the numbers and if you really want to attract possible investors, you should re-calculate and get the numbers right

Hello David19,

You can get more information about our business model following the link to our Token Sale page (https://ico.trueflip.io/).
For even more detailed information please download our white paper and you can know all which is necessary to understand the proposed fund sharing, including marketing budget.
Also you can see that all information you quoted has long been updated.

In addition we'd like to ask for all people someway interested on our project to post commentaries, suggestions, etc on our main bitcointalk topic (https://bitcointalk.org/index.php?topic=1928663).
That is where we keep all information up to date.

Best regards,
Trueflip.io

[bchev]

Hi,
Seems your website is missing german translation. If you intersted just pm me.