BITRUN - PREDICT THE PRICE OF BITCOIN AND WIN BITCOIN

[VanityWallets2015]

I think they are aware that people don't like KYC.

But if they can't do something with that then that's it, nothing to do with that. And those players that want to use them continuing with the KYC process is/are aware of the rule that they are implementing.

No idea about the last question because haven't tried them. They have free play tickets, you can try.

I think they answered it already and they don't require KYC to their players.
What I'm concerned about is their 0.001 BTC minimum bet, which is a huge amount for a single bet unlike crash game where you can bet at least 100 sats.
This Binary option like a crash game to me but the difference is that the crash game is randomize and Binary is by exchange price.

[Bitrunapp]

Hey guys,

we've implemented / changed most of the things that you pointed out.

We've also done some work arounds on the registration. It is now much simpler, while still compliant with the legislative.
Check it out and tell me what you think. For those who already registered, create a new account to see the new registration proccess.

We also understand your point on the minimum bet.
What kind of bets would you guys as players suggest?

Thanks for the feedback! Much appreciated. 

[eXtremal]

Hey guys,

we've implemented / changed most of the things that you pointed out.

We've also done some work arounds on the registration. It is now much simpler, while still compliant with the legislative.
Check it out and tell me what you think. For those who already registered, create a new account to see the new registration proccess.

We also understand your point on the minimum bet.
What kind of bets would you guys as players suggest?

Thanks for the feedback! Much appreciated. 

I just registered on the bitrun APP gambling site, is it only bitcoin that accept deposits? why don't we add trx, eth & LTC I suggest this first because this coin is very often used on other gambling sites, by the way do we make promotional events to find more customers?

[jossiel]

I think they are aware that people don't like KYC.

But if they can't do something with that then that's it, nothing to do with that. And those players that want to use them continuing with the KYC process is/are aware of the rule that they are implementing.

No idea about the last question because haven't tried them. They have free play tickets, you can try.

I think they answered it already and they don't require KYC to their players.
What I'm concerned about is their 0.001 BTC minimum bet, which is a huge amount for a single bet unlike crash game where you can bet at least 100 sats.
This Binary option like a crash game to me but the difference is that the crash game is randomize and Binary is by exchange price.

They have replied already.

All of the concerns for sure are already listed by them to improve and give way to the demands of their potential customers. About your concern is they probably are taking it into consideration and will modify it soon or probably not.

We also understand your point on the minimum bet.

[Bitinity]

I just registered on the bitrun APP gambling site, is it only bitcoin that accept deposits? why don't we add trx, eth & LTC I suggest this first because this coin is very often used on other gambling sites, by the way do we make promotional events to find more customers?

Yes bitcoin is the only accepted payment method at the moment and perhaps the site will add altcoins in the near future. Coming up to the minimum bet, I think it can be reduced to at least 10k satoshi or even 5k satoshi since the current price of bitcoin is getting expensive. 5k satoshi is close to $1 so I think letting players to bet as low as possible will be a good start. I myself still think that 5k satoshi is too high for a minimum bet to be honest. So the best thing to do is to offer a min bet as low as possible because it will cover all type of gamblers (from small bankroll players up to whales).

[gagux123]

Thank you very much for sharing this site with us, I found it very interesting, your site looks very simple and  cool
But i have a question... Do you have any limits for withdrawal?!?!
Thanks

[LimLims]

For those who already registered, create a new account to see the new registration proccess.

So the members who already registered in the site, they need to register once again?
So that means you guys completely changed the server and Database?
Moreover what about the country restrictions?
As you can see previously notblox has here mentioned a ton of country list which are restricted from your site.
Any updates regarding that issue?
Moreover try Launching some Promotions in the Christmas etc. This will surely help you to boost up in the market.

[imstillthebest]

Thank you very much for sharing this site with us, I found it very interesting, your site looks very simple and  cool
But i have a question... Do you have any limits for withdrawal?!?!
Thanks

on what device did you visit the site . i visit the site on mobile and the first thing i stumbled with is numbers and charts .

i have a hard time figuring things that way but if they can make things more simplier than that and maybe add a lighter theme than the present one which was black i think i might consider them and for the minimum withdrawals its stated on the first replies of the op that it was 100k sats or 0.001btc the same as their minimum deposits .

[TGD]

Thank you very much for sharing this site with us, I found it very interesting, your site looks very simple and  cool
But i have a question... Do you have any limits for withdrawal?!?!
Thanks

on what device did you visit the site . i visit the site on mobile and the first thing i stumbled with is numbers and charts .

i have a hard time figuring things that way but if they can make things more simplier than that and maybe add a lighter theme than the present one which was black i think i might consider them and for the minimum withdrawals its stated on the first replies of the op that it was 100k sats or 0.001btc the same as their minimum deposits .

What chart are you describing. The chart is plane and simple line chart and show the current price only. Nothings seems complicated on the chart of binary trading like this. What browser you are using? I'm viewing it using mobile phone and didn't find any issue at all so maybe your browser has the problem. Sending screenshot of your actual screen during the game will make developer give solution faster.

[Savemore]

I think it is better if the chart will represent candlestick and not only line chart, as a technical analysis trader; candlesticks are important to have conviction on where the price may go, but the overall concept is unique and I will try to open a real account soon. I will try demo account first for days in order for me to track my progress and also my win rate. I also suggest that the minimum ticket should be change because 0.001 btc is a large amount for small players like me.

[eXtremal]

I just registered on the bitrun APP gambling site, is it only bitcoin that accept deposits? why don't we add trx, eth & LTC I suggest this first because this coin is very often used on other gambling sites, by the way do we make promotional events to find more customers?

Yes bitcoin is the only accepted payment method at the moment and perhaps the site will add altcoins in the near future. Coming up to the minimum bet, I think it can be reduced to at least 10k satoshi or even 5k satoshi since the current price of bitcoin is getting expensive. 5k satoshi is close to $1 so I think letting players to bet as low as possible will be a good start. I myself still think that 5k satoshi is too high for a minimum bet to be honest. So the best thing to do is to offer a min bet as low as possible because it will cover all type of gamblers (from small bankroll players up to whales).

yes I agree with your opinion because with a small minimum bet number, many people can enjoy the game from the early stages because the minimum amount is small so at least it gives players a sensation, if the minimum bet is high, many players will be afraid to try it

[rijaljun]

I think it is better if the chart will represent candlestick and not only line chart, as a technical analysis trader; candlesticks are important to have conviction on where the price may go, but the overall concept is unique and I will try to open a real account soon. I will try demo account first for days in order for me to track my progress and also my win rate. I also suggest that the minimum ticket should be change because 0.001 btc is a large amount for small players like me.

I don't think even if you use a technical analysis it wouldn't work since it will be just a 1 min trade which you can't use technical analysis whether it will go up or down. For me I think that's okay what it is they offer right now.

[XZERO1]

I think it is better if the chart will represent candlestick and not only line chart, as a technical analysis trader; candlesticks are important to have conviction on where the price may go

I think the whole chart should be more detailed and look more like something tradingview offers, the problem with having a basic less detailed chart is you have to constantly switch between tabs to check tradingview or other exchanges charts to do some quick TA and maybe place your bets accordingly, so charts should be the first priority for improvement in my opinion and minimum bets should decrease to at least 1000sats so that users don't find it too risky to try out your new website and you will get more reviews here as the result which could help you to both get more helpful tips from users on how to improve the website and also will bring more users to your website.

[Ucy]

Hey guys,

thanks for all the responses. Love the energy and the community.
Having some trouble posting, which is why I havent been able to answer your questions yet. Gonna do a sum first, then try to answer more specific questions aswell.

KYC & Blocked countries - There is currently no KYC proccess in place on our platform. It is however an option for the future if it is required from us in the process of getting a licence in certain countries.
The blocked countries list directly corelates to this - since we do not have a KYC and a licence, we cannot operate in countries which require KYC / licence  - hence the restricted countries list. As we are currently in demo, you can access our service from everywhere and the restriction is not yet enforced.

Licence - we do not have a licence at the moment, which is why we only plan to operate in countries that do not require us to aquire one. Once we get the licences, we plan to remove excluded countries from the list

Are you going to add other pairs like ETH/USD to this as the website grows or it's going to be only Bitcoin? - if the initial idea of BTC/USD kicks off, we intend to add new pairs and different time limits aswell.

Minimum bet - The minimum bet is 0.001 BTC, however we plan to add the option for both lower and higher bets in the near future.

Calculation of BTC/USD price - as you point out, it is based on Coinbase, Bitstamp and Kraken.

Lack of information - as some of you pointed out, there is a lack of information on the front  screen, and if you do not watch the tutorial on your first visit, it is a problem. We have taken your input into account and are already making changes. The first screen will not point out the following information: No KYC (as it is not implemented at this point), minimum bet, Calculation of BC/USD price.

Changes should be live in a day or two and I will make sure to post them here to keep you updated.

Thanks again for all the feedback!

Fair enough!
  The minimum bet should very low though considering this is "predict wrong, lose all bet" (and vice versa) situation. You need to bring it much lower to make it less risky for bettors. You could also make this have little risk as normal crypto trading by making it possible for only a small part of user's fund to be deducted when they lose a bet... and a user should be able to place bet that could last a certain period of time(probably hours/days).

[safari88]

i think most of the possible players here wanted to you to lowered your minimum bet, i'm sure a lot of players here would play on your website if you managed to lower your minimum bet because we really think that minimum bet is really huge for us especially users who wanted to use betting strategies or users with only has a limited bankrolls.

[Taskford]

Hey guys,

we've implemented / changed most of the things that you pointed out.

We've also done some work arounds on the registration. It is now much simpler, while still compliant with the legislative.
Check it out and tell me what you think. For those who already registered, create a new account to see the new registration proccess.

We also understand your point on the minimum bet.
What kind of bets would you guys as players suggest?

Thanks for the feedback! Much appreciated. 

I just registered on the bitrun APP gambling site, is it only bitcoin that accept deposits? why don't we add trx, eth & LTC I suggest this first because this coin is very often used on other gambling sites, by the way do we make promotional events to find more customers?

Provably they didn't Include the coins you mentioned it's because there still no demand on it for now, if there are many gamblers will suggest it for sure they will take a consideration and add those coins since they are good coins to be added si there are so many supporters which may drag to play if they see their supported coin listed on the casino.

But I also wonder why the minimum is so huge? For sure this can confuse newbie and drive them out to the website since not all can afford to put some big amount on the casino. So best to make it user friendly and set aside those minimum required

[FatFork]

Hey guys,

we've implemented / changed most of the things that you pointed out.
[cut]

And what about the long list of unsupported countries? Is that really necessary?
As far as I've noticed, I think the list would be shorter if you only list the countries that are allowed on your platform.

BTW, It took me a while to go through your T&C on that small pop-up window... Maybe you should do something about that too?

[Golftech]

I just registered on the bitrun APP gambling site, is it only bitcoin that accept deposits? why don't we add trx, eth & LTC I suggest this first because this coin is very often used on other gambling sites, by the way do we make promotional events to find more customers?

Yes bitcoin is the only accepted payment method at the moment and perhaps the site will add altcoins in the near future. Coming up to the minimum bet, I think it can be reduced to at least 10k satoshi or even 5k satoshi since the current price of bitcoin is getting expensive. 5k satoshi is close to $1 so I think letting players to bet as low as possible will be a good start. I myself still think that 5k satoshi is too high for a minimum bet to be honest. So the best thing to do is to offer a min bet as low as possible because it will cover all type of gamblers (from small bankroll players up to whales).

I'll go with that minimum bet allowing traders/gamblers to play inside and enjoy this binary
trading types of games, if you wanted to attract gamblers / traders better to lowered your
initial bet once those players enjoy and see the potential from your site, it will bring more
deposit to your site, considering the current value of Bitcoin better to adjust and let it more
convenient for everyone to play.

[Fatunad]

I just registered on the bitrun APP gambling site, is it only bitcoin that accept deposits? why don't we add trx, eth & LTC I suggest this first because this coin is very often used on other gambling sites, by the way do we make promotional events to find more customers?

Yes bitcoin is the only accepted payment method at the moment and perhaps the site will add altcoins in the near future. Coming up to the minimum bet, I think it can be reduced to at least 10k satoshi or even 5k satoshi since the current price of bitcoin is getting expensive. 5k satoshi is close to $1 so I think letting players to bet as low as possible will be a good start. I myself still think that 5k satoshi is too high for a minimum bet to be honest. So the best thing to do is to offer a min bet as low as possible because it will cover all type of gamblers (from small bankroll players up to whales).

I'll go with that minimum bet allowing traders/gamblers to play inside and enjoy this binary
trading types of games, if you wanted to attract gamblers / traders better to lowered your
initial bet once those players enjoy and see the potential from your site, it will bring more
deposit to your site, considering the current value of Bitcoin better to adjust and let it more
convenient for everyone to play.

Majority of people that do make out complaints on here is on about into its minimum amount fee which is indeed too high and basing off with current value of bitcoin.
People wont see this as an appealing one and i've remembered that there are binary options like in the past similar to this that had launched like https://betinance.com/game
Where you do need to guess on where the price would be going or simply just an another binary options website but they didnt really took some attention and eventually failed.
I wont really be expecting on  this too much but well it depends on how they do market out this site and how they do apply those things that had been suggested or
recommend by users on this thread.

[onrise]

Once the bets gets little lower, I am ready to participate in because find this more interesting to predict the future price of bitcoin though considering the huge speculation t current point it might not go that well but will be interesting to see if anything near that price I can bet on. Though you said you are planning to add lower bets in future but hope that it does not take too long to go live on this option specifically.