Coins, Faucet News, Faucets, Markets

Cointiply Today: Today’s Status & “Health” Review

Cointiply is undergoing changes. To put it more accurately, the cryptocurrency market is undergoing changes which affect Cointiply, Cointiply’s administration is clumsily reacting to said changes, regular Cointiply‘s users are having a “sigh, whatever” moment, while many Mining Game players’ feelings are better described by “wait, wtf?“.

1. What’s up with Tap Research?

Tap Research used to generously reward users for attempting to take a survey. Perhaps too generously, – even clicking on a Survey was rewarded.

Half-completing a 20-minute survey hoping to earn $5 and wasting time due to getting disqualified half-way was annoying, however, righteously compensated by a % of the promised reward.

Tap Research was the OfferWall place to go and Cointiply openly encouraged users to take advantage of the earning system which, naturally, represented fertile grounds for abuse, but who cares was immensely profitable to both the faucet and faucet users.

In short, – when the Offer Wallwent mad“, rewards for “trying” kinda disappeared. Both Cointiply and TapResearch are poker-facing.

fdsf

…so unless it’s a bug affecting only some users (let us know!), fairytale’s gone bad.

2. Mining Game Status

…with revenues from TapResearch vanishing and Gems becoming expensive, some users’ lack of pre-calculation resulted in disappointment.

The good: in October, a Mining Game update allowed users to “maintain” mines at their own pace.

The bad: referral income was restricted to Coins. Goodbye, passive Gem influx.

The ugly: although Gem cost is, theoretically, determined by the market and was introduced to ensure Mining Game‘s sustainability, its introduction reminded “investors” that the rules are determined by Cointiply and, – surprise, – the “income” is far from “passive“. An expensive mine can generate $3-$5-$10 per day, a stock of Gems on auto-spend mode can allow a user to log in only to withdraw the earnings, but the cost of “repairs” (aka renewing the “lease”) will force the user either to spend profits on purchasing Gems on the Marketplace, or “work” on OfferWalls.

3. Videos

Our access to Smores.tv is “denied“. Again, – hopefully other users still able to run three videos on background, passively collecting Coins, – besides, we are merely reviewing features and running Smores.tv never resulted in astronomical profits, – the restriction acted as a reminder that nothing in life is “forever“.

We were very, ehm, experimental when it came to things like testing how many videos a user can watch simultaneously, on how many devices and whether Smores.tv won’t mind us mainly watching how many coins have “ticked” per window, or watching the videos while sleeping, so to us a “goodbye, free video coins” was a question of time, however, just in case the system still works for everyone else, a few tips:

– running YouTube in parallel might not be a great idea.
– running media players in parallel might not be a great idea
– “watching” Cointiply PTC ads in parallel might not be a great idea
– sticking to the recommended “three” videos at once might be more prudent than “losing count”
– contacting Support did not resolve anything (but we did not persist/insist)
– we generally did not try to resolve the issue by more “technical” means
– apparently, VPN use is “prohibited” by Cointiply and is most likely frowned upon by OfferWalls
– the repertoire of Smores.tv is limited and, anecdotally, getting paid for “watching” a video for the XXXXXth time can’t last forever (cycling through channels paid best)
– thanks to the OfferWall, we discovered that Late Night Alumni produce awesome melodic vocal house tracks!

4. What’s up with Cointiply Videos?

Temporarily” offline. Were too good to be true. Nuff said.

5. PTC Ads

Operational. Risky (to be reviewed).

6. Is the main Faucet enough to make money?

Main Faucet is still frequently rolling “high” and, with a x1.92 multiplier + x2 (100% Loyalty Bonus) multiplier is a nice bonus, especially in Gem Mode when GpC rate is good.

Earnings are nothing in comparison to OfferWall rewards.

7. Multiplier Game…

…seriously?

– Gambling is bad.
– Why pay back the faucet where the money was earned?
– We believe that specialised cryptocurrency casinos are more likely to be “fair” because their popularity is mainly dependent on whether users are happy with the odds. Looking for a cryptocurrency casino? We have not experienced issues testing out LuckyGames (so far). At least, unlike other “casinos” LuckyGames does not push a user to make a deposit by offering XXXXXXX% “free” bonus as a top-up (=want to make a withdrawal?.. make bets equivalent to 100x your balance…), does not spam at all, does not require registration as a trial, has its own faucet, does not host idiotic slot games and accepts almost 100 cryptocurrencies. If there is such a thing as a legitimate and fair online cryptocurrency casino, LG is as close to making such impression as we’ve seen. Yet again, – gambling is bad and impressions are subjective.

8. Can users deposit Bitcoin in Cointiply’s system?

(surprise!)

5% Interest on Coin Balances

Starting December 1st, 2018 you can earn 5% annual interest on any Coin balance of 35,000 Coins or more. Interest will be calculated daily and paid weekly.

Why doesn’t Cointiply offer a “savings” service” was a question which we asked ourselves for months, facepalming over and over.

Now yet another market opportunity which Cointiply administration previously either missed, introduced too late, or just fucked up joins the club. Whether Cointiply will turn out to be a scam in the end, or there will be a “happily ever after”, when the Mining Game will crumble under its own weight, or whether Cointiply‘s intentions are good or not – we do not know. Perhaps, the reason that keeps us guessing are these decisions which scream cluelessness, lack of profit-oriented thinking, or god knows what else.

On the other hand…

Noite: Cointiply is not a cryptocurrency faucet. Cointiply is a digital marketing “third wheel party”. Cointiply pays its users a % of what it receives from, say, OfferToro, or Adscend Media, which, in turn, are paid a commission from a sale of your “brand awareness increase”, “demographics, “political views”, or “downloads”.

Digital marketing is what Cointiply is good at. The Miming Game is an excellent example of a move which succeeded at bringing a ton of new users to Offer Walls, – bridging the gap between a product and a consumer. However, the mechanics behind the game were a total fail, – somewhat patched by the introduction of the Gem system, yet dependent upon Cointiply using the short-term influx of finance wisely. What did Cointiply do next?..

Cointiplier: “Don’t withdraw!”
Premium Account: “Don’t withdraw!”
Various promises (withdrawals in different currencies): “Don’t withdraw!”
“Savings” scheme: “Don’t withdraw!”

Thing is, since the “faucet” positioned itself as a “cryptocurrency” service provider, it cannot exist in absolute informational isolation and some market stratosphere. Their target audience might care about such things as “Bitcoin market cap“, “transaction times” and (who could have thought!) maybe even have higher-than-average awareness of such weird concepts as “privacy concerns” and “mathematics“. Moreover, the target audience might be aware of the market’s volatility.

Whereas…

cointiply post on bitcoin forum

…perhaps, if the strategists behind Cointiply would spend years observing cryptocurrency market instead of watching the faucet “industry“, they would make better decisions. Or not. Who knows.

Why was the savings scheme introduced?

Because finally. Unfortunately, introducing it when the market is in the state it is in is no more than a joke.

Why is the annual interest rate 5%?

Because Freebitcoin‘s interest rate is 4.8%.

Annual Interest Rate of 4.08%

Is it worth considering? 

Really?..

A better idea would be acting upon yet another promise:

Withdrawal options of Dash and ETH prompt

“Soon” = “when the sky falls down”.

5% interest popup

Introducing DASH and ETH withdrawals would cost Cointiply nothing and attract more customers. The faucet’s strongest selling point is the “earn fiat – withdraw crypto” system. Diversifying that system would attract new users. Which is, in theory, what Cointiply is interested in… unless users withdrawing the funds earned is something the administration strives to avoid.

Summary: Cointiply keeps overlooking the obvious inexpensive innovations which could result in insane profits. Cointiply moves a step closer to allowing direct deposits. Cointiply wants more funds, – why? Greed? Necessity to patch up the holes created by the Miming Game‘s mechanics? Or…

8. Withdrawals – is Cointiply still paying out as promised?..

Yes. A recemt Dogecoin withdrawal request was successful and relatively quick (1 day). So, as of now, Cointiply is a legitimate, generous faucet and is not a scam.

9. Other features…

Such as Browser Mining, Games...

…we consider a waste of time and are not reviewing.

1 thought on “Cointiply Today: Today’s Status & “Health” Review”

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