Faucets, Basic Income, How to Maximise Profits, Avoid Scams, Save Time. We Offer Service News and Tests, Guides, Reviews, Ways to Earn Cryptocurrencies Without Investments: Tips, Hints, Tricks. Unbiased, Sincere, Honest: We Are On Your Side.
In our series of articles dedicated to Coinpot Tokens we always used 100 Coinpot Tokens as a unit of measure. Regardless, whether Coinpot Tokens were converted to DASH, Litecoin, Bitcoin Cash, Bitcoin or Dogecoin, the fiat (“cash“) value of a Coinpot Token remained stable (converting 100 Coinpot Tokens to any of the five currencies supported by Coinpot.co and then converting the resulting amount of Litoshi, Doge, Duffs, or Satoshi to fiat; whether USD, or INR),- at present, 100 Coinpot Tokens roughly equate $0.01.
So, answering the “how much is one Coinpot Token” question is as simple as dividing $0.01/100. ONE Coinpot Token is worth $0.0001.
De-facto, if one was to exchange 100000s of Coinpot Tokens to USD, circumventing all fees would be difficult, however, Coinpot Tokens are de-facto valuable tools, allowing a user to Dollar-Cost-Average without leaving his or her Dashboard.
Today, should you decide to sell your Coinpot Tokens, asking yourself, what’s a Coinpot Token’s value, worth, use or utility…
You can get 0.00000284 Bitcoin (BTC) for 100 Coinpot Tokens (conversion rate: 0.0000000284)
You can get 0.00008810 Bitcoin Cash (BCH) for 100 Coinpot Tokens (conversion rate: 0.0000008810)
You can get 5.08194081 Dogecoin for 100 Coinpot Tokens (conversion rate: 0.0508194081)
You can get 0.00031486 Litecoin for 100 Coinpot Tokens (conversion rate: 0.0000031480)
You can get 0.00014312 DASH for 100 Coinpot Tokens (conversion rate: 0.0000014312)
Now, what about the fiat value of cryptocurrencies and the corresponding value of Coinpot Tokens at present? Historically, we used to use USD as a universal measure. For a change, we will use… INR.
0.00000284Bitcoin = 0,696422INR (₹); ergo 100 Coinpot Tokens are worth 0,696422INR (₹) 0.00014312 DASH is worth0.687503 Indian Rupee;ergo 100 Coinpot Tokens 0.687503 Indian Rupee. 5.08194081 Doge is worth 0.680317 Indian Rupee; ergo, 100 Coinpot Tokens = 0.680317 INR 0.00031486 Litecoin converts to 0.695148 INR; ergo, 100 Coinpot Tokens = 0.695148 Indian Rupee 0.00008810 Bitcoin Cash equals 0.694285 INR; ergo, 100 Coinpot Tokens are worth 0.694285 INR.
Evidently, fiat price of a Coinpot Tokens is constant. Problematically, their liquidity is limited to Coinpot.co. Therefore, converting Coinpot Tokens to fiat will encounter a lot of fees?.. No. There is a way to withdraw Coinpot Tokens and convert them to USD paying close to nothing. How? Stay tuned! (spoiler)
P. S. Coinpot Tokens are earned for every action on Coinpot-partnered faucets.
Unline MoonBitCoin, which permits the multiplier of every 5-minute Satoshi claim by up to 500%, MoonDogeCoin‘s multipliers are fully controllable up to 200%.
What is MoonDogeCoin’s Daily Loyalty Bonus
You can now send your faucet earnings TO THE MOON by building up your daily loyalty bonus!
Starting from 26 August 2015 you will earn a % bonus which builds up for every consecutive day that you make at least one faucet claim. This bonus increases by 1% per day, up to a maximum of 100% (which means your faucet payouts are doubled!!!) So for example, if you made a claim yesterday and then make another claim today you will get a bonus of 1% on top of your usual claim amount. If you then claim again tomorrow, your bonus will increase to 2%, then 3% the day after and so on up to 100%. However if you miss a day then your bonus will reset back to 0% and you must build it up again.
So simply make a faucet claim at least once every day and your earnings will ROCKET TO THE MOON!!!
(NOTE: Moon Dogecoin uses UTC dates and times – so these will be used to determine the days that you have made faucet claims)
As far as Referral Bonus, there is a small trick, or hint:
“A referral is considered to be “active” if they have made at least 1 faucet claim in the previous 72 hours”
*hint: notice that a referral is considered active if the user makes a claim once every 72 hours. In theory: ask a few of your friends to visit the faucet every 3 days, making just one claim (1 minute of time)… A 100% Referral Multiplier does not seem astronomically far, does it?
The value of Coinpot Tokens is tied to fiat. Converting the Tokens to any of the five currencies takes seconds.
Now, an example: imagine if Coinpot Tokens existed last year. On the 15th of November, 1 BTC was worth $7,283.22.
Say a hypothetical Coinpot Token HODLer was meticulously grinding Tokens by visiting each of theseven partnering Coinpot faucets, saving up 1,000,000 Coinpot Tokens (which is not that difficult, as a matter of fact).
Suddenly, our HODLer had a dream… And sold his entire Token balance for BTC. As we remember, the fiat price of a Coinpot Token is stable, so for 1,000,000 Tokens, the hyppthetical HODLer would purchase $100-worth of Bitcoin.
A month later, however, when Bitcoin closed at $17,604,85… The HODLer would possess the same amount of Bitcoin he exchanged his Tokens for, however the USD value of his cryptocurrency would, ehm, significantly increase.
In short: HODLing Coinpot Tokens offers a speculative opportunity applicable to 5 currencies.
(interestingly enough, the Cointiply pseudo-Bitcoin/Dogecoin faucet’s rewards are also fiat-tied, offering similar opportunities, albeit limited by long withdrawal timeframe)
Now, what is the reason for Bitcoin‘s price plummeting is a topic for a separate article, however if the Bitcoin fell in light of the rumours surrounding the Bitcoin Cash fork… Hey, doesn’t Coinpot also feature a BCH balance?..
In any case, isn’t it an interesting time to be a Coinpot Token HODLer?
*Disclaimer: under no circumstance should any form of content published on this website be regarded as financial advice. We are not offering financial advice, we do not encourage or discourage decision-making in relation to investing or management of financial assets. All publications are written for entertainment and education purposes. We describe anecdotal experiences, state subjective opinions, report upon personal observations, quote widely available third-party sources and attempt to answer popular questions to the best of our knowledge and ability. We kindly ask our readers to employ rationality, critical thinking, analytic approach to information processing. Cryptocurrency market as a whole poses multitudes of risks, is full of dishonest operations, widespread false news.
Today, should you wish to sell your Coinpot Tokens...
You can get 0.00000152 BTC for 100 Coinpot Tokens
You can get 0.00001853 BCH for 100 Coinpot Tokens
You can get 4.10723785 Dogecoin for 100 Coinpot Tokens
You can get 0.00017705 Litecoin for 100 Coinpot Tokens
Your can get 0.00006935 DASH for 100 Coinpot Tokens
Now, what about the fiat value of cryptocurrencies as of today? 1Bitcoin equals 6,439.50United States Dollar 1 DASH sells for 140.81 USD 1 Dogecoin is worth 0.00249 USD 1Litecoin equals 55.59United States Dollar 1Bitcoin Cash equals 529.03United States Dollar
The simplest possible estimate of what 100 Coinpot Tokens are worth in USD is calculating the value through the value of Dogecoin.
As of now:
100 Coinpot Tokens are worth 0.0102270222465 USD 1 Coinpot Token is worth 0.000102270222465 USD
Are you regularly converting Coinpot Tokens? Saving them up for a rainy day?
Or throwing them away in Coinpot’s internal pseudo-gambling feature? That we recommend against, – and we’ve explained why here, –
(yes, don’t be fooled, Coinpot.co is not a “cryptocurrency microwallet” de-facto; Coinpot.co is where you hold your profits from Moon Faucets), – we will discuss this in future articles)
…are not interested in you withdrawing funds from their system.
Can you blame them? When they hold your currencies (imagine the total amounts?), they can invest the funds, safely accumulate interest, profit from playing on exchange rates, etc. Same as banks. Or insurance companies. Welcome to the real world.
While all you can do is stare at the balance on a webpage.
Point is, should you wish to have fun throwing gambling your faucet income away, at least use a dedicated service, – there will be more games, more chances to win, better odds, etc. etc. etc.
A minimum bet on Luckygames is 1 satoshi (!!!)… …or nothing, if you use Luckygames’ Tokens, which you get for free (there’s an internal faucet, so you will never run out of tokens, alas their functionality is limited, – theoretically you can purchase real-life goods for the free tokens, but you are more likely buying the latest iPhone or the latest Samsung for Freebitco.in’sReward Points.
Q: Are you promoting/advertising Luckygames? A: No. We do not endorse gambling; however, since some of our readers are into games of chance regardless, we would rather point them to the direction of a service we are using (reviewing) and have had no issues with. Moreover, we do not endorse faucets withholding users’ earnings.
Luckygames attracted us due to its immense cryptocurrency exchange potential: see the impressive list of supported cryptos below:
We do not offer financial advice, information provided on DMYF is for entertainment/educational purposes only,
However, our goal is not only providing raw data, bare information, or a prepared analysis; we would be happy if by visiting DMYF our readers would learn flexibility in their approach to information. And avoid fails such as:
The author is terribly wrong in many aspects, but the real “facepalm moment” is the part where he or she has recently been “sticking” to DASH (should you wish, try to understand why and how is the post wrong).
Do not “stick’ to an approach simply because it worked well a month (or even a couple of days) ago. Adopt and Adapt, – adopt methods which work best now and adapt to the environment; making best of the features, changes and all fluctuations. Adopt critical thinking; do not spend your earnings on something just because “something” is marketed as “premium”.
In our previous articles, we covered various methodologies of estimating Coinpot Token’s price, value, worth, as well as compared a seven-day difference of CT to cryptocurrencies’ exchange rates. Read the articles by following the links below:
Should you wish to boost your Coinpot Dogecoin/Bitcoin Cash, Bitcoin, DASH or Litecoin balances with Coinpot Tokens today, or should you wish to withdraw Coinpot Tokens, exchanging them for something less tied to a single resource, or convert Coinpot Tokens to USD, EUR, GBP or any other fiat currency, today’s internal exchange rates are:
Today’s Coinpot Token Value Bitcoin Cash
*note: yesterday,100 Coinpot Tokens would buy us 0.00001778 BCH. (a week ago – 0.00001380 BCH)
Today’s Coinpot Token Value: Bitcoin
*note: yesterday100 Coinpot Tokens would buy 0.00000160 BTC. (a week ago – 0.00000135฿.)
Today’s Coinpot Token Value: Dogecoin
*note: yesterday, Dogecoin: at the exchange rate of 0.0413776707: 100 Coinpot Tokens would buy 4.13776707 DOGE. (a week ago – 3.41933771 DOGE)
Today’s Coinpot Token Value: DASH
*note: yesterday, at the exchange rate of 0.0000005927: 100 Coinpot Tokens would have bought 0.00005927 DASH (a week ago – 0.0000004724)
Today’s Coinpot Token Value:Litecoin
*Note: yesterday, at the exchange rate of 0.0000017325: 100 Coinpot Tokens would sell for 0.00017323LTC. (a week ago – 0.00012928)
Ignoring the rise of Coinpot Token’s value is difficult. Although this is a “snapshot” article and not an analytic piece, DMYF would like to point out the following:
– In isolation, a Coinpot Token is an asset of extremely limited utility. – Its long-term growth is, most likely, unsustainable (this is solely our subjective opinion). – Does a look at crypto to any fiat week price chart (pick any of the five coins mentioned) puts things in perspective? Ask yourself, – what would happen to the Coinpot Token-to-Bitcoin exchange rate, should Bitcoin’s price jump to $10k?
– Coinpot Tokens are predominantly sold. They also can be bought at a slightly disadvantageous rate. Nevertheless, historic variance in the asset’s price indicates that, hypothetically, a shrewd, experienced, knowledgeable, calculating, moderately risk-taking, educated, professional DMYF readerFOREX specialist, perhaps, may see an opportunity… Or might not if there is no real opportunity at all.
Buying cryptocurrency for Coinpot Tokens, withdrawing the coins and selling them for fiat is easily and instantly done via Changelly’s exchange service, which will provide you with the latest market price and only charge a 0.5% trade commission.
P. S. By no means are we recommending making any financial decisions. Please contact your financial advisor regarding such matters; DMYF is a portal dedicated to entertainment and education.