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Author Topic: BITRUN - PREDICT THE PRICE OF BITCOIN AND WIN BITCOIN  (Read 789 times)
Bitrunapp (OP)
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November 17, 2020, 10:45:38 AM
 #1

Dear eveyone,

We are launching Bitrun - the worlds first online game, where you can predict the price of Bitcoin and win Bitcoin.
You can visit us at https://bitrun.app/ and try it out.

You can use the DEMO MODE to get familiar with how the game works.
Once you are ready, you can switch to REAL PLAY and start betting, using Bitcoin.
The goal of the game is to place the ticket on the chosen corridor and wait 60 seconds untill the end of the game. You win the game if the final Bitrun BTC/USD price ends in your chosen corridor.

You can choose between LONG, MID and SHORT corridors.
Video tutorial: https://www.youtube.com/watch?v=S0et1niaZvM
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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November 17, 2020, 12:16:51 PM
 #2

Okay i checked the site, the design is too look professional.
The site gives me a nostalgic feeling of trading and roulette game combination.
Moreover can i ask about the max bet and min bet amount? What's the bankroll of the site?
It would be even great, if you can add more details of the site here like accepted currencies and minimum withdraw etc.
Moreover you can also Design the Announcement thread here with some catchy texts and images to gather more attention.
Wish you happy business Op.

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November 17, 2020, 12:44:50 PM
 #3

This is a nice way to pass the time, as a round lasts only 60 seconds.
On which exchange is the price based?
Do you have any limits for wihtdrawl?
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November 17, 2020, 01:04:23 PM
 #4

This is a nice way to pass the time, as a round lasts only 60 seconds.
On which exchange is the price based?
Yeah, maybe devs need to add this information, based on average market, or choosen from exchange?

Quote
Do you have any limits for wihtdrawl?

On the terms & condition section for limit deposits and withdrawal is 0.001 BTC. Deposites under limit will not be credited, maybe it's mean you are lost your BTC.

2. Fees, deposits and withdrawals

2.4.Deposits. The minimum deposit amounts 0.001BTC. Lower amounts will not get credited to your account.

We reserve the right to request proof of payments to the Account at any moment.

2.5. The minimum withdrawal amounts are 0.001BTC Bitcoin or altcoin equivalent. Lower amounts will not initiate a withdrawal transaction.

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November 17, 2020, 01:12:57 PM
 #5

Dear eveyone,

We are launching Bitrun - the worlds first online game, where you can predict the price of Bitcoin and win Bitcoin.
You can visit us at https://bitrun.app/ and try it out.


Okay i checked the site, the design is too look professional.
The site gives me a nostalgic feeling of trading and roulette game combination.
Moreover can i ask about the max bet and min bet amount? What's the bankroll of the site?
It would be even great, if you can add more details of the site here like accepted currencies and minimum withdraw etc.
Moreover you can also Design the Announcement thread here with some catchy texts and images to gather more attention.
Wish you happy business Op.

This is a nice way to pass the time, as a round lasts only 60 seconds.
On which exchange is the price based?
Do you have any limits for wihtdrawl?

@Bitrunapp if you’re keen to attract gamblers to your site from Bitcointalk then buy a copper membership first, and then upload a nice image which shows all details of your site otherwise many gamblers will give it a pass. @LimLims indeed the site does looks good, but what I don’t like is the lack of information available on the site. Lastly they’re subjecting us to do KYC which is a turn off for me, and many other members too won’t like submitting their details for KYC purposes.

Sources:

https://bitrun.app/aml

https://bitcointalk.org/index.php?topic=2385104.msg24371150#msg24371150
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November 17, 2020, 01:36:30 PM
 #6

Looking at your website do you have license to operate? It looks like I can't find it on your website by the way those video on your homepage is great tutorial.

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November 17, 2020, 01:52:15 PM
 #7

I registered for testing and demo play but there is only limited number of countries available for registration.
Reading at TOC from website I saw that people from United States are not allow to register, but I notice many other countries are also missing.
It seems that Birtun is based in Slovenia and follows their kyc laws:
Quote
We fall within the scope of the AML obligations according to Slovenian legislation. Therefore, the senior management have implemented systems and procedures that meet the standards set forth by relevant AML legislation in Republic of Slovenia.
https://bitrun.app/aml

And huge number of restricted countries:
Code:
APPENDIX 1: List of Restricted Jurisdictions

Afghanistan
Albania
Algeria
Andorra
Angola
Antigua and Barbuda
Armenia
Australia
Azerbaijan
Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bhutan
Bosnia and Herzegovina
Botswana
Brunei
Burkina Faso
Burundi
Cabo Verde
Cambodia
Cameroon
Central African Republic
Chad
China
Colombia
Comoros
Congo (Congo-Brazzaville)
Costa Rica
Croatia
Cuba
Cyprus
Djibouti
Dominica
El Salvador
Equatorial Guinea
Eritrea
Estonia
Eswatini (fmr. "Swaziland")
Ethiopia
Fiji
Finland
France
Gabon
Gambia
Georgia
Ghana
Greece
Grenada
Guatemala
Guinea-Bissau
Guyana
Haiti
Holy See
Honduras
India
Iran
Iraq
Ireland
Israel
Italy
Jamaica
Jordan
Kazakhstan
Kiribati
Kuwait
Kyrgyzstan
Latvia
Lebanon
Lesotho
Liberia
Libya
Liechtenstein
Luxembourg
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Mauritania
Mauritius
Micronesia
Moldova
Monaco
Mongolia
Montenegro
Mozambique
Myanmar (formerly Burma)
Namibia
Nauru
Nepal
Netherlands
Nicaragua
Niger
North Korea
Oman
Pakistan
Palau
Palestine State
Panama
Papua New Guinea
Paraguay
Philippines
Portugal
Qatar
Romania
Russia
Rwanda
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Seychelles
Sierra Leone
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
South Africa
South Korea
South Sudan
Spain
Sri Lanka
Sudan
Suriname
Syria
Tajikistan
Tanzania
Timor-Leste
Togo
Tonga
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Tuvalu
Uganda
United Arab Emirates
United Kingdom
United States of America
Uzbekistan
Vanuatu
Vietnam
Yemen
Zambia
Zimbabwe
https://bitrun.app/terms

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November 17, 2020, 01:55:35 PM
 #8

I don't really see the point of betting on the value of the bitcoin. Then you can even better just keep the bitcoin yourself if you think it will become worth a lot.
By the way, if you take a name like .app then it appears to be a program and not an official site. I had chosen something with .com. It is a nice idea, there are not many of them.

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November 17, 2020, 01:57:51 PM
 #9

At first, I want to welcome you OP this forum. The site looks very simple are cool. And the black layout is also good for visitors. But the logo personally I don't like. And if I'm not wrong I saw another gambling site where people can gamble by predicting bitcoin price.

Btw something I want to know about this site.

1. The name of the which exchange-based rate (already asked by others)
2. About the withdrawal fees. It's saying the withdrawal fee is 2% means If I withdraw 1000 dollars then the fee is 20$? Then If withdraw 10000 dollars then I have to pay the fee 200$ to withdraw?


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November 17, 2020, 02:17:06 PM
 #10

It looks like there's a lot of restricted countries and mine is included with it but I was bothered since I've managed to create an account with fake residence area.
Isn't that better if they block the IP of the restricted countries in order to avoid future problems like blocking the account when you do a withdrawal?
I've seen many problems here in that's related to this kind of problem do you mind adding feature to detect the restricted country IP and block it immediately?

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November 17, 2020, 03:11:05 PM
 #11

I've seen prediction websites before, I think, so it's probably not the first one. But in any case, I don't think I know a reputable solid website with this, so it's not like the niche is full. Why only 60 seconds, though? How about long-term predictions, have you considered adding those?
It's good that there's a demo mode. I tried it and have a suggestion: why not allow people to place the bet while the previous round is going, in advance? Like in crash games. Because the window is very small right now. And why just 3 abstract betting options "long, mid, short" rather than betting on particular prices with a certain plus-minus something range?
This is a nice way to pass the time, as a round lasts only 60 seconds.
On which exchange is the price based?
Based on their Introductory video, the price comes from Coinbase, Bitstamp and Kraken.

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November 17, 2020, 03:19:07 PM
 #12

It looks like there's a lot of restricted countries and mine is included with it but I was bothered since I've managed to create an account with fake residence area.
Isn't that better if they block the IP of the restricted countries in order to avoid future problems like blocking the account when you do a withdrawal?
I've seen many problems here in that's related to this kind of problem do you mind adding feature to detect the restricted country IP and block it immediately?
Same here, I was able to visit the site even though I'm from one of the supposed restricted countries but maybe that doesn't bother them because of their AML Policy that players have to undergo KYC verification.

Or maybe they don't plan to implement that at all to get customers. It's hard to imagine many people betting there with that huge list.
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November 17, 2020, 03:30:45 PM
 #13

It looks like there's a lot of restricted countries and mine is included with it but I was bothered since I've managed to create an account with fake residence area.
Isn't that better if they block the IP of the restricted countries in order to avoid future problems like blocking the account when you do a withdrawal?
I've seen many problems here in that's related to this kind of problem do you mind adding feature to detect the restricted country IP and block it immediately?
Same here, I was able to visit the site even though I'm from one of the supposed restricted countries but maybe that doesn't bother them because of their AML Policy that players have to undergo KYC verification.

Or maybe they don't plan to implement that at all to get customers. It's hard to imagine many people betting there with that huge list.

i agree with you i don't think their player would be limited due to those huge number of restricted countries. also i was thinking if they have a license which is not shown on upon opening the website as far as i know only licensed gambling sites are allowed to ask kyc due to their licenses policy so i assumed this is a licensed gambling site isn't?

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November 17, 2020, 04:04:36 PM
 #14

This is basically Crash with BTC value as the prediction parameter. The design is decent though the KYC and restricted countries discussed by posters above will hinder your success drastically op.

Why would anyone want to go through all these complications when they can simply play Crash on sites like Roobet, Stake etc with way fewer restrictions? This is the question that you need to answer op.

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November 17, 2020, 04:20:46 PM
 #15

This is basically Crash with BTC value as the prediction parameter. The design is decent though the KYC and restricted countries discussed by posters above will hinder your success drastically op.

Why would anyone want to go through all these complications when they can simply play Crash on sites like Roobet, Stake etc with way fewer restrictions? This is the question that you need to answer op.

It is completely different game, you cant compare it to crash game.
It is a binary option where you need to predict what will happen with the price in the next specific period of time.
Knowledge and trading skill is involved in this game (unless someone predict it blindly) while crash game is just pure luck based game.

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November 17, 2020, 04:31:12 PM
 #16

The platform has a very good style, but there is something you could do before continuing:

1.- Try to remove the ban from countries, it does not make sense that countries with great sentiment towards bets and predictions cannot participate.
2.- Eliminate the KYC, it is incredible, but this restriction is enough to prevent those who love privacy and anonymity.

If they correct that I am sure their success rate will be very high, of course it is my opinion in favor of growth for the platform, since they have a good object.

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November 17, 2020, 07:59:02 PM
 #17

This is a nice way to pass the time, as a round lasts only 60 seconds.
On which exchange is the price based?
Do you have any limits for wihtdrawl?

If you do try to look into the video presentation https://youtu.be/S0et1niaZvM?t=34 then you can see that it do get from Coinbase,Bitstamp and Kraken so its safe to presume
that this is getting some average among those 3 exchangers.Going back into the website that this is no doubt a binary options thing where you can put up your prediction
on where bitcoin would be going and depends neither you do guess it will go up or down basing into your own entry point.The thing i dont like with this BO is that this is prone
to price Ticks manipulation which would result to losses.You cant tell on when the site had made out those moves but to know that this do actually happens in real
or traditional Binary options in other markets.

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November 17, 2020, 08:38:51 PM
 #18

Is it me or does the minimum bet was a little bit high which is 0.001 BTC, right? Well I'm not really into Binary Options but since there's a free demo maybe I could test out and see if it would work for me.

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November 18, 2020, 07:58:29 AM
 #19

I guess I have seen similar game/betting before on this section. It's more like betting on Crypto Trading Exchanges, but without Trading. Or does it include trading(buying&selling bitcoin/crypto from the site/peers)? What is the minimum amount that can be bet with?
Hope it allows players to type in their own price prediction for Bitcoin rather than list of prices chosen by the betting site.
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November 18, 2020, 12:18:25 PM
 #20

Is it me or does the minimum bet was a little bit high which is 0.001 BTC, right? Well I'm not really into Binary Options but since there's a free demo maybe I could test out and see if it would work for me.
It is sort of high.

I've watched the game for 1 minute and I thought of it as a fun game to play. Just like everybody else's worry about KYC, not a good place to try the game if it's applicable to all the "new" clients as stated on the AML page.

Can't blame you for that if you want to implement a strong check to avoid problems in your license and jurisdiction laws.


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