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Author Topic: Japan's famous bitcoin app "Pita-coin" launches worldwide.  (Read 259 times)
pitacoin (OP)
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December 23, 2019, 05:50:40 AM
 #1

The app “PitaCoin”, which allows you to get free Bitcoin simply by predicting the Bitcoin price the next day, will be released worldwide.

From 2016, the app “Pita Coin” that distributes over $ 600,000 in bit coins in Japan has been released worldwide.
Pita Coin is a simple app that only predicts whether the next day's bitcoin price will go up or down.
Since Pita Coin returns a part of the advertising revenue to the user with bitcoin, the user can get bitcoin completely without risk.

- Landing page
https://pitacoin.studio.design/

- Google play store (Android Only)
https://play.google.com/store/apps/details?id=com.popshoot.brooklyn

PitaCoin is an app that predicts whether the price of Bitcoin the next day will rise or fall, and was released in Japan in March 2016. PitaCoin users can participate in predictions for free, and if the predictions are correct, they can get bitcoins for free. Since its release, PitaCoin has a history of distributing over $ 600,000 of bitcoin to Japanese users.

Since we distribute bit coins to users using a part of the advertising revenue of Pita Coin as a source, users can obtain bit coins without any risk.

- About Popshoot Inc.
Popshoot Co., Ltd. is a fintech startup founded in Tokyo in 2015. The company has raised a total of over $ 4 million from Global Brain, the world's leading venture capital, and Monex Securities, a major Japanese financial institution.
Thekool1s
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December 23, 2019, 06:13:08 AM
 #2

Just wondering how much does the user gets per correct prediction? It looks like a good alternative to SparkProfit. Also, why does the Play store shows it has only 100+ Install while the website claims it has given out 50 BTC. I couldn't find the Japanese version of this app on the PlayStore. Could you link the original app URL as well? Because the current Play store URL only shows 1 review, I doubt any app that has given out 50 BTC will only have 1 public Review which too was posted only a few days ago...

Edit: Never mind found the original app...
SFR10
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December 23, 2019, 09:36:43 AM
 #3

It's interesting but it looks like this version is a trimmed version of the original app, am I right?
- Sizes:
  • Original = 30M
  • This one = 11M

Care to name its missing features [if there are any]?

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Thekool1s
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December 23, 2019, 10:00:56 AM
Merited by SFR10 (1)
 #4

Quote from: SFR10
Care to name its missing features [if there are any]?

From the 5th image from their original app[1] on play store suggests, Coin news, Coin hack and Coin Post seem to be missing from the international version that could be one of the reasons for the size difference.


Source:
[1] https://play.google.com/store/apps/details?id=com.popshoot.keyakizaka_android
hugeblack
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December 23, 2019, 04:18:13 PM
 #5

I think they use "get free bitcoin" to get more attention and thus more downloads.
What is the amount of coins for each correct prediction? And what will happen if there are many people with correct predictions?
In general, the application that relies on such ideas to attract followers is not worthwhile. It is better to focus on the prediction algorithm, how it works, the accuracy of predictions rather than useless competitions.
stompix
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December 23, 2019, 04:31:36 PM
Merited by hugeblack (1)
 #6

I think they use "get free bitcoin" to get more attention and thus more downloads.

From what I'm getting is more like a faucet thing, not going to install it but since they claim all the revenue is generated by ads I can picture how it looks.

As for the prizes (translated from the jp site as they haven't put those in the English version)

Quote
① Daily forecast
-10satoshi gift if the coins are correct

②Consecutive correct bonus
During the 7 days from Monday to Sunday, a bonus will be given according to the number of correct answers below.
-100satoshi if you answer 3 or more times in total
-500satoshi if you answer 5 or more times in total
- 7 consecutive correct answers to and Whack the 0.1BTC in a subject

Dunno what that whack is about   Grin

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hugeblack
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December 23, 2019, 05:28:17 PM
 #7

As for the prizes (translated from the jp site as they haven't put those in the English version)
Just as I expected, I was skeptical about the matter because they did not mention the number of profits but only "Earn FREE bitcoins."
As long as the prizes with this amount, the amount of $ 600,000 is a ake promises, which makes us doubt everything related to this application.

So take all this into account & beware before downloading it.
Thekool1s
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December 24, 2019, 02:22:55 PM
 #8

Quote
As long as the prizes with this amount, the amount of $ 600,000 is a ake promises, which makes us doubt everything related to this application.

Where did you get this $600,000 from? 50 BTC which is stated on their English Website? I couldn't find this $600k figure. Anyway, I was investigating them, they claim on their English(International) website that they 1st launched in 2016 in Japan but the appbrain[1] data suggests otherwise. AppBrain shows that the app was first launched on Jan 2, 2018, instead of 2016. The only explanation i can think of is that their previous App got deleted and they re-uploaded it on Jan 2, 2018, but that's just my assumption. I don't think we will get an explanation from them tho.



@stompix I think its a bad translation. I believe they give out 0.1 BTC after 7 consecutive correct predictions which is way better than SparkProfit's payouts.


Source:
[1] https://bit.ly/2F1s9lr
SFR10
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December 26, 2019, 06:24:17 AM
 #9

Quote
As long as the prizes with this amount, the amount of $ 600,000 is a ake promises, which makes us doubt everything related to this application.
Where did you get this $600,000 from?
He/she got it from OP:

Since its release, PitaCoin has a history of distributing over $ 600,000 of bitcoin to Japanese users.

A few additional notes:

  • Their original [JP] website was created on latter part of 2017:
    Quote
    Domain Name: pitaco.in
    Registry Domain ID: D414400000005331769-IN
    Registrar WHOIS Server:
    Registrar URL: https://www.gandi.net/
    Updated Date: 2019-10-15T21:21:21Z
    Creation Date: 2017-11-14T10:29:36Z
    Registry Expiry Date: 2020-11-14T10:29:36Z
  • I couldn't find any snapshot prior to "March,2018 [it doesn't even load properly]".

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yannik.biz
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December 26, 2019, 10:50:03 AM
 #10

this famous bitcoin app has +500 downloads  Grin Grin Grin Grin


very very famous Grin

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Aveatrex
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December 26, 2019, 11:12:36 PM
 #11

this famous bitcoin app has +500 downloads  Grin Grin Grin Grin


very very famous Grin
It's because this app is the worldwide version that has been released just recently.


I believe they give out 0.1 BTC after 7 consecutive correct predictions which is way better than SparkProfit's payouts.

It may be a good prize,but what are the chances to get 7 consecutive predictions? It's extremely unlikely to get the promised 0.1BTC. I guess this will mainly attract fauceteers interested in
Quote
① Daily forecast
-10satoshi gift if the coins are correct







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