[Unofficial] Coinpot.co - new microwallet

[k00l1]

For people with VIP status, can you please answer me this:
Each day, apart from token interest you get a number of stars. Do you get 100 tokens for each star as well or do they count only for the challenges?

only star no token

[1714668777]

1714668777

[1714668777]

1714668777

[AliesrReal]

I've given up huge amounts are missing from my stars, totals dropped and was never rectified. Went from 1100 to 25000 on the leader board. Two payments been pending for over 8 days now.

[artusa79]

Hi everyone, I'm new here.
Just to say I missed 2 days of challenge on November 1st and 2nd (135 stars) and no diamond rewards were awarded for 2 days.
They obviously did not respond, and at this point, I plan to withdraw everything and close my account.
I also had problems on October 31st, where no stars were counted, and therefore I didn't lose many positions for the final ranking.
This site is no longer secure.
Regards

[sasetti_78]

Hi everyone, I'm new here.
Just to say I missed 2 days of challenge on November 1st and 2nd (135 stars) and no diamond rewards were awarded for 2 days.
They obviously did not respond, and at this point, I plan to withdraw everything and close my account.
I also had problems on October 31st, where no stars were counted, and therefore I didn't lose many positions for the final ranking.
This site is no longer secure.
Regards

everything is back to normal for me, pay less (due to the rising BTC value) but always pay. for the withdrawal it takes the classic 2/3 days.

[artusa79]

Hi everyone, I'm new here.
Just to say I missed 2 days of challenge on November 1st and 2nd (135 stars) and no diamond rewards were awarded for 2 days.
They obviously did not respond, and at this point, I plan to withdraw everything and close my account.
I also had problems on October 31st, where no stars were counted, and therefore I didn't lose many positions for the final ranking.
This site is no longer secure.
Regards

everything is back to normal for me, pay less (due to the rising BTC value) but always pay. for the withdrawal it takes the classic 2/3 days.

Not for me.
October 31, November 1st and November 2nd were not credited.
Lost stars and also the money with which I bought 300,000 lottery tickets, used ok, but the stars are lost forever.
They never answer anyone, and I don't trust them anymore.
Let's not talk about the multipler, which makes you lose everytimes.
On October 31, 14 times low numbers, I said 14 !!!

[dabbur]

Hi everyone, I'm new here.
Just to say I missed 2 days of challenge on November 1st and 2nd (135 stars) and no diamond rewards were awarded for 2 days.
They obviously did not respond, and at this point, I plan to withdraw everything and close my account.
I also had problems on October 31st, where no stars were counted, and therefore I didn't lose many positions for the final ranking.
This site is no longer secure.
Regards

everything is back to normal for me, pay less (due to the rising BTC value) but always pay. for the withdrawal it takes the classic 2/3 days.

Not for me.
October 31, November 1st and November 2nd were not credited.
Lost stars and also the money with which I bought 300,000 lottery tickets, used ok, but the stars are lost forever.
They never answer anyone, and I don't trust them anymore.
Let's not talk about the multipler, which makes you lose everytimes.
On October 31, 14 times low numbers, I said 14 !!!

Of course you can not trust cp - never hold higher balances at sites with no forum, no support, dont know who runs the site not even from which country, dont know if the site is offline forever tomorrow.
But you can still make money with faucets and multiplier stars collecting. Multiplier has of course a house edge (ca 0.5 percent) but there remains a profit for you in the long run (at least until now). Simply withdaw your balance minimum once a week (in dogecoins) and dont deposit anything.

[AliesrReal]

I have also decided to call it a day after many years with coinpot. If you think about it, they have a Latest news link  that can easily be updated at anytime to tell people status of problems etc. When this does not get used, it's becomes worrying.

[Justeunmec]

Guys, I'd like your opinion on something.
Let's say I toss a coin 132 times and I get this result:

heads
heads
heads
heads
tails
heads
heads
heads
heads
tails
heads
heads
heads
heads
heads
heads
heads
heads
tails
heads
heads
heads
tails
heads
heads
heads
heads
heads
heads
tails
tails
heads
heads
tails
heads
heads
heads
tails
heads
heads
heads
heads
heads
heads
heads
heads
tails
heads
tails
heads
heads
heads
heads
tails
heads
heads
tails
heads
tails
heads
heads
heads
tails
heads
heads
tails
heads
heads
heads
heads
tails
heads
heads
tails
heads
tails
heads
heads
heads
heads
tails
heads
tails
heads
heads
tails
heads
heads
tails
heads
heads
heads
heads
heads
tails
heads
heads
heads
tails
heads
heads
heads
heads
heads
heads
heads
heads
heads
heads
heads
heads
heads
tails
heads
heads
tails
heads
heads
heads
heads
tails
heads
heads
heads
tails
heads
tails
heads
tails
heads
heads
heads

30 times tails, 102 times heads.
23% tails, 77% heads.

Question : can we say my coin has a problem or is this the product of pure randomness?

[UserU]

Guys, I'd like your opinion on something.
Let's say I toss a coin 132 times and I get this result:

30 times tails, 102 times heads.
23% tails, 77% heads.

Question : can we say my coin has a problem or is this the product of pure randomness?

That is what we would call a Gambler's Fallacy. Commonly we'd think an outcome that happens more often now (heads) would occur lesser in the future.

The gambler's fallacy, also known as the Monte Carlo fallacy or the fallacy of the maturity of chances, is the erroneous belief that if a particular event occurs more frequently than normal during the past it is less likely to happen in the future (or vice versa), when it has otherwise been established that the probability of such events does not depend on what has happened in the past. Such events, having the quality of historical independence, are referred to as statistically independent. The fallacy is commonly associated with gambling, where it may be believed, for example, that the next dice roll is more than usually likely to be six because there have recently been less than the usual number of sixes.

Using the GIF from the Wikipedia link above is a good example of a coin toss scenario.

[Justeunmec]

The Wikipedia GIF doesn't show a 77% loss ratio. 

[abzy]

Guys, I'd like your opinion on something.
Let's say I toss a coin 132 times and I get this result:

30 times tails, 102 times heads.
23% tails, 77% heads.

Question : can we say my coin has a problem or is this the product of pure randomness?

The probability with a fair coin is about 10^-10. So I would bet your coin has a problem...

[sunk818]

Guys, I'd like your opinion on something.
Let's say I toss a coin 132 times and I get this result:

heads
heads
heads
heads
tails
heads
...
heads

30 times tails, 102 times heads.
23% tails, 77% heads.

Question : can we say my coin has a problem or is this the product of pure randomness?

So, in the multiplier you can "alternate" on win/loss or do nothing. I usually set up four tabs with different bet strategies.

win nothing, loss nothing
win alternate, loss nothing
win nothing, loss alternate
win alternate, alternate

Sometimes one of the tab will produce better results out of 100 spins @ 1 token. Then I increase the bet and see how that goes. And I keep increasing the bet amount if it keeps going well.

I also set the multiplier to 2x 5x etc after each win which can sometimes compensate for your losses. on loss, I always reset back to base bet.

[grahamlyons]

Guys, I'd like your opinion on something.
Let's say I toss a coin 132 times and I get this result:

heads
heads
heads
heads
tails
heads
heads
heads
heads
tails
heads
heads
heads
heads
heads
...

30 times tails, 102 times heads.
23% tails, 77% heads.

Question : can we say my coin has a problem or is this the product of pure randomness?

i would bet on heads! 

[Justeunmec]

So, do we all agree on the fact that my coin has a problem?
And that tails should occur much more often?
And that a 77% heads ratio is NOT normal? That is should be much closer to 50%?

[dabbur]

So, do we all agree on the fact that my coin has a problem?
And that tails should occur much more often?
And that a 77% heads ratio is NOT normal? That is should be much closer to 50%?

The house edge at coinpot multiplier in not zero, this is nothing new. Only people who dont run the multiplier few 1000 times a day can doubt that.

[Adam556]

I have also decided to call it a day after many years with coinpot. If you think about it, they have a Latest news link  that can easily be updated at anytime to tell people status of problems etc. When this does not get used, it's becomes worrying.

You've got to remember though that in all likelihood CP is run by a Bitcoin hobbyist/enthusiast who doesn't have the time or infrastructure to respond to every email/write posts on every update.

It's a free service that you use at your own risk. If you're not happy with that risk, don't use the service. If you use it, do so with your eyes wide open.

[bitbollo]

So, do we all agree on the fact that my coin has a problem?
And that tails should occur much more often?
And that a 77% heads ratio is NOT normal? That is should be much closer to 50%?

No, for what I can see it's everything ok.
because you have taken a small interval for your data (just 100 numbers), this is why you have seen a biased value.
Grossly, if you continue to bet, in a random and infinite progression, the number of tails and heads must be around the same (50% ...) .
For sure It cannot be exactly the same (since there is always a grade of randomness) and even if you see a big difference it's just related to random pickup of the values.

[dabbur]

So, do we all agree on the fact that my coin has a problem?
And that tails should occur much more often?
And that a 77% heads ratio is NOT normal? That is should be much closer to 50%?

No, for what I can see it's everything ok.
because you have taken a small interval for your data (just 100 numbers), this is why you have seen a biased value.
Grossly, if you continue to bet, in a random and infinite progression, the number of tails and heads must be around the same (50% ...) .
For sure It cannot be exactly the same (since there is always a grade of randomness) and even if you see a big difference it's just related to random pickup of the values.

Or the coin is manipulated, but you cant tell that from 100 trials

[baby3d]

Definitely, for everyone who still do not convince about... Coinpot is a SCAM... They pay you but in the end Coinpot want to convince you to deposit your funds... so never do it! Never play multiplier as lots of users reported here ridiculous results. I said it seasons ago...

All bitcoin community have to fight against scam/fraud-gambling sites like this, do not fall into this frauds.

EDIT (11/11/2020)

I tried some rolls now and this is RIDICULOUSLY SCAM:



and I've just stoped right now with result:

566 rolls played and -266 token lost! RIDICULOUSLY SCAM!

[Adam556]

For the second time in three days my VIP level has vanished and I haven't received any interest or stars. Last week there were a couple of delays but eventually the rewards came in, but on Sunday they never appeared at all. And so far today, nothing. I'm losing confidence with this feature - it offers an excellent rate of return, but if the returns never materialise, what's the point?