Coins, Electronic Currency, Important, News, Tokens

Important: LuckyGames Mirror Address; What Does LuckyGames Offer: A Short Summary

Can’t access luckygames.io? That could be due to country restrictions. According to official announcement, it is possible to access the site via an official mirror address.

Official LuckyGames mirror:  luckygames.cc

lucky games alternative address is luckygames.ccluckgames

*beware of phishing sites. Whenever visiting a site, make sure there is nothing unusual about its address.

*LuckyGames  features games such as dice, roulette, cells and more. DMYF discourages using personal funds towards gambling, and mentions LuckyGames as an alternative to wasting faucet earnings on faucets’ internal multipliers, lotteries, dice, etc. Faucets are source of microearnings, not a destination for gambling away the earnings. Unlike Cointiply‘s Multiplier, Coinpot’s Token games and more, LuckyGames maintains and impeccable reputation and employs a Probably Fair system guaranteeing fairness and absence of possible “tweaking”. Players can use most LuckyGames for free, utilising the Lucky Tokens system which offers unlimited supply of free pseudo-currency which, in fact, can be used to purchase various goods and bonuses. No site registration is needed, however, registered users benefit from a system of Levels. Starting from Level 1, all players gain access to LuckyGames chat, where all active conversationalists are rewarded with random giveaways of real Coins and Tokens, – a chance to build up a portfolio of cryptocurrencies investing nothing but time. 

*Most importantly, LuckyGames features an excellent internal cryptocurrency exchange, supporting over 100 cryptocurrencies. In summary: LuckyGames offers numerous earning opportunities and valuable services which DMYF does promote. DMYF does not offer investment advice, does not attempt to influence readers’ financial decision-making. All information is published for education and entertainment purposes only. In present context, LuckyGames can be used as a source of sample portfolio building and cryptocurrency conversion without the need to play any games of chance. 

Coins, Faucet News, Faucets

Cointiply Urgent Warning(s)

Dear Cointiply users,

Do not spend any “real” (=earned) Coins on pixels (=”items” that boost whatever it is they boost; IF they do boost whatever it is they are designed to boost).

Should you wish to purchase any items that are promised to increase your earnings, use the bonus “Coins” (CointiPoints), which are awarded for site activity as a… bonus.

Cointiply1

Cointiply is great at making sure users spend whatever they earn internally, thus bagging 100% profit for the site. Cointiply is also great at boosting site activity, – encouraging users to visit OfferWalls, play Games, etc. The new “Inventory” feature seems harmless, – but so did the Mining Game at its inception.

Cointiply isn’t as good at keeping its promises. Cointiply isn’t as good at being fair to its main asset, – site’s visitors.

Cointiply is, most likely, the single most profitable faucet (earning $100 a day is possible with no referrals) out there, – if one has a clear understanding of the what, how and when. 

Cointiply is, most likely, the single most time-wasting, pointless and, if anything, costly faucet out there, – if one has no prior experience, no knowledge-base and no scepticism.

Spending longer than a couple of hours a week on Cointiply and earning less than $10? Unless it’s a source of fun, it is a waste of time.

DMYF has a lot of “know-how” material collecting dust. Since working on https://dmyf.online is our main focus, chances are, how-to-earn-more-on-Cointiply-and-other-faucets articles will remain unpublished. Not a massive loss to world cultural heritage, but is a significant loss to all those interested in earning hundreds of USD worth of BTC or Doge with little to no effort, as well as avoiding making bad decisions (e.g. investing heavily in Mining Game).

DMYF can only release numerous guides, tips and hints if it is economically viable. We are currently considering our options.

For the time being, as a beta-test, 50 editions of the “Earn More, Work Less: $5 in… hours?” PDF manuals describing individual, tested and proven methods, are available for limited-time only for symbolic price of 50 Dogecoin (or an equivalent amount in any other cryptocurrency). Interested in earning more on Cointiply and other faucets and websites? Contact us!

All proceeds will go towards improvement of DMYF and our related projects.

Coins, Electronic Currency, Faucets, Guide, Selling Cryptocurrency, Tokens

FAQ: “What is the Minimum Withdrawal Amount from Coinpot”; Withdrawing, Converting and Exchanging Faucet Earnings Overview

coinpot

Minimum faucet earnings withdrawals from Coinpot, per currency (zero-fee), per currency are:

Bitcoin: 0.0001 BTC (0.39 United States Dollar)
Bitcoin Cash: 0.0001 BCH (0.013 United States Dollar)
Dogecoin: 50 DOGE  (0.0997 United States Dollar)
Litecoin: 0.002 LTC (0.11 United States Dollar)
DASH: 0.0002 DASH (0.0166 United States Dollar)

*USD prices relevant as of 09.03.2019

Coinpot Token cannot be withdrawn. Tokens have to be converted to any of the five currencies; otherwise, it holds no value outside Coinpot. 100 Coinpot Tokens roughly equate to 0.01 United States Dollar. 

Contrary to popular belief, the cheapest withdrawal method of Coinpot-partnered faucets is normally Bitcoin Cash (sometimes – DASH); not Dogecoin. Doge remains a popular choice due to the Coin‘s liquidity, minimal trade and transfer fees, stable fiat value and instant transaction times. It must be said, however, that Dogecoin withdrawals from Coinpot take a very long time, as “industry standards” go. The delay is due to Coinpot‘s procedures and the funds never take 48 Hours to arrive (as stated in the Terms). Coinpot Dogecoin Wallet-to-any Dogecoin Wallet transfers normally take 14-24 hours on average.

Tip: Delay in withdrawing Doge (or other currencies) negates the possibility to execute price speculation operations on external exchanges. However, if a hypothetical Dogecoin millionaire feels that the Coin should be sold (or bought, for that matter) right now and the opportunity might be lost due to hours-long transfer… Coinpot Tokens’ stable fiat value and zero-fee instant Doge-Token conversion might save the day. Of course, keeping large amounts of any currency in Coinpot is lunacy. So is using an asset unique to Coinpot for high-value speculative operations.

DMYF recommends storing currencies in real wallets, DMYF does not encourage speculation (or any other form of financial decision-making). Monitoring currency exchange rates and earning a few Tokens or Coins on successful exchanges using funds earned from faucets is merely an educational exercise for an aspiring cryptocurrency day trader. Remember: using micro-earnings to acquire transferrable skills and knowledge is the only real value one must expect to gain from spending time solving captcha.  

Anecdotally, a test DASH transfer to Binance from Coinpot was, to our surprise, instant.

Remember: in a volatile market, currency transaction delays might result in significant losses.

Q: Considering the fact that the minimum Coinpot withdrawal amounts are measured in cents, where can they be sold or exchanged?..

A: If a user intends to sell/purchase currencies, when speaking of selling tiny fractions of coins, exchanges such as Binance should be avoided. Minimum trade amounts, commissions and withdraw fees might leave a seller with dust, – small amounts of coins/tokens left over after a transaction, – that is, if a minimum amount of a currency withdrawn from Coinpot will meet the minimum trade amounts at all. For more information, always refer to the Fees and Limits page of an exchange (e. g. Binance Fee Structure).

A simpler way to sell/exchange faucet earnings is using a converter, such as that offered by LuckyGames, – the site’s internal currency converter allows instant conversion and access to 100+ currencies. Most importantly, any featured currency can be used to purchase another featured currency, while traditionally, even altcoin-focused exchanges (e. g. CoinExchange) offer limited purchasing options (=trading pairs). LuckyGames conveniently offers conversions between any of the 100+ supported currencies at market rates, zero deposit fees and minimal withdrawal fees. Transactions are instant and rates are updated every minute.

exchange btc to doge

In practice, that means that a Coinpot user can withdraw his earnings in Dogecoin and convert them to any popular currency in LuckyGames, since minimum conversion amount for Dogecoin is only 100 Doge. Going through an exchange would imply converting Dogecoin to USD/BTC/ETH/LTC (at best), purchasing a currency (IF being able to meet the minimum transaction amount!)… and then face withdraw fees.

At the moment, LuckyGames supports the following currencies: 0x Protocol, aelf, Aeternity, Ardor, Ark, Augur, Bancor, Basic Attention Token (BAT), Bean Cash, Binance Coin, Bitcoin, Bitcoin ABC (BCH), Bitcoin Diamond, Bitcoin Gold, Bitcoin SV, Bitcore, BitShares, BitTorrent, Blackcoin, BURST, Bytecoin, Cardano, Chainlink, Civic, CLAMs, CloakCoin, Crown, DASH, Decentraland, Decred, DigiByte, Dogecoin, Einsteinium, Electroneum, Emercoin, EOS, Ethereum, Ethereum Classic, Feathercoin, FunFair, Gamecredits, GAS, Gifto, Golem, Groestlcoin, Gulden, Holo, Horizen, HyperCash, ICON, Ignis, ION, Komodo, Lisk, Litecoin, Loopring, Monaco, MonaCoie, Monero, Namecoin, Nano, NAVcoin, Neblio, NEM, NEO, Nexus, Novacoin, NXT, OmiseGO, Ontology, Particle, Peercoin, PIVX, Populous, Potcoin, Pundi X, Qtum, Ravencoin, Reddcoin, Ripple, SALT, Siacoin, Status, STEEM, Steem Dollars, Stellar Lumens, STRATIS, SysCoin, Tether, Tron, TrueUSD, Ubiq, VeChain, Verge, Vericoin, Vertcoin, Viacoin, WAVES, WhiteCoin, Zcash, Zcoin and Zilliqa.

Q: Is it possible to quickly sell Coinpot earnings for fiat (USD, EUR…)?

A: It is becoming easier to sell popular Coins using a variety of methods. BCH, DASH, BTC, Dogecoin and DASH can be sold for fiat (PayPal, Payeer, Skrill, Neteller and many more paying systems). For best rates, it is recommended to have a look at an exchange monitor, which compares best rates available at the moment live. Rates and minimums vary; however, at time of posting, an exemplary sale of Dogecoin for USD (Perfect Money) would be possible even with a minimum of 100 Dogecoin.

sell doge for usdSummary:

Although Coinpot is a legitimate service, withdrawals can take time and thus users do not have immediate access to their earnings. It is recommended to store Coins elsewhere, or take advantage of multiple new services offering low exchange rates. Although Coinpot Faucets offer the chance to earn enough Coins to be able to withdraw earnings multiple times a day, doing so would imply a slight conversion cost. Still, holding Coins on Coinpot account is unwise and faucet users should have a plan how to put their earnings to use.

DMYF, Editor's Choice, Faucet News, Faucets, Featured, Funny, Important, News, Scams

How Cointiply Made Our Morning

At first, our browser was like:

cointiply mining game has been closed and redirecting on 502 Bad Gateway


So, we were like, “why not finalise the draft of...”:

cointiply mining game scam has been addressed

…where we (prophetically!) mentioned…:

cointiply mining game

and…

cointiply scam

and Cointiply is like…

The Mining Game is being retired. Cointiply will pay players based on how much they have earned on the site, plus a bonus, over time from a pool based on offerwalls and CointiPlay. Players will have access to a detailed report on their total site activity and how much they have been paid back.

…the first thing that comes to our mind is a visitor’s comment and our reply:

Cointiply mining game scam addressed by DMYF
MrBrightside, whatcha gonna do now? xD

If DMYF can foresee the future, instead of predicting the Mining Game’s destiny we shouldwrite articles like “Bitcoin hits $100000000“…

…sigh.

P. S. Dear All, we hope no one “heavily invested” in the Mining “Game”. We tried our best to warn users to employ common sense.

E. g. read our quote from Cointiply Today: Today’s Status & “Health” Review

Note: 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!”

We kept spending time to repeat the obvious: Cointiply’s Mining Game is unsustainable, it’s profitable only to those who invested early, speculated on Gem prices, or stopped manically reinvesting.

We are not even sure if what happened falls under the definition of a “scam”. More than anything, it is a good lesson to learn from.

Alternatively, you can keep trusting websites such as cointiplyguide.com:

about mining game is sustainable or not..
Source: https://www.cointiplyguide.com/mining-game

…whose owner invested in a level 1 domain, lied, hunting for referrals (attracting hundreds) and, most definitely, earned enough not to give a fuck while DMYF struggled to afford the wordpress.org hosting. But guess what, Mr. Brightside?

While you’re now nervously deleting the content of your moronic “FAQ”, we do not have to edit a single post, we don’t need to change our nicknames, or shut down our website.

Honesty is not profitable in the short run, however untarnished reputation is a vital element of success, as far as journalism is concerned. DMYF is not a “blog about faucets“. DMYF posted meaningless reviews to kill time and stay afloat while working on the new website which, thankfully, will be free of kindergarten content such attempts to scare readers away from obvious scams.

As long as people want to believe in fairy tales, scammers will prosper. Meanwhile, we wonder how vultures, feeding on the faults in human nature, sleep at night.

P. P. S. Cointiply remains a generous faucet, offering biggest stand-alone earnings, second only to Moon Faucets. The Mining Game was a Game. In our very first Mining Game review we stated:

On a more serious note, let us not forget that the “new fun feature” is a game. In any game, you can win and you can lose.

The 90% rule dictates that 90% of those playing Cointiply’s mining game will lose

What more can be said?

Do we regret writing about the Game? Not at all. As long as our warnings were heard, our efforts were not in vain. Observing yet another social experiment from beginning to end was… educational. We empathise with users who suffered losses due to the abrupt closure of the project, however for us, “goodbye, MG” means that finally we can write about topics that we are actually interested in.

In the final episode of the “Mining Game Series” we will try to analyse the “behind the scenes” mechanics of the Game’s finale, make some calculations, describe our personal experiences and, – hoorrayyy! – conclude the melodramatic series, known as “why you should not invest in a project that promises 1.41% daily ROIs“.

Editor's Choice, Faucet News, Featured, Scams

A Bad Omen: MyDoge.co.in’s Admin Email Bounces; When “WTF” is Not Enough: A Faucet Asking for Donations. “Of Faucets and Morals” – Editor’s Essay.

mydogecoin mydogeco.in is mydogeco.in up or down
Remember Jetco.in? The faucet used to function well (interestingly, its method of work “accumulating” Bitcoin was very similar to Mydoge.co.in‘s accumulating” DOGE system).
free doge coin claim as often as you want free dogecoin mydoge dogecoijn
Jetco.in used to pay out, the owner used to provide feedback, the faucet used to earn Bitcoin and distribute Bitcoin amongst its users… Until the “distribution” and “feedback” part were removed from the equation.

READ OUR FIRST SCAM REVIEW: Is jetco.in Bitcoin faucet a scam or not?

NOTE: Not all faucet users, whose faucets pull a “magic sleep with you tonight and disappear in the morning act” because they are inherently evil. A faucet’s income fluctuates due to various factors (e.g. an upsurge in competition, percentage of users using AdBlock) and its costs can skyrocket since fiat income will not even begin to cover cryptocurrency costs  (remember Bitcoin price December 2017?).

highest bitcoin price

Source: Coindesk

The faucet owner might lose interest in the project. Admittedly, an unimaginative faucet can bore a buddhist monk to death. Or just fail. Failure is no excuse, – exit strategy is an integral part of a business in a turbulent market such as that we find ourselves in. For fuck’s sake, though, even bankruptcy can be executed elegantly. Simply apologise, show your balance sheet, pay out what you can, describe what happened.

Be human.

NOTE: We at DMYF firmly state that a cryptocurrency faucet can be made into a bulletproof and extremely profitable hassle-free online business. We’ve seen the nations faucets rise and fall, witnessed successes and failures, analysed business models. Mostly, we facepalmed; though at times, we applauded. We know the do’s and don’ts; we have the know-how, ingenuity, experience, knowledge, case studies upon case studies, figures upon figures and we could create a  unique, market-leading faucet in no time with minuscule costs and immense ROIs. Our expertise is based upon statistical analysis, market research, prior first-hand experience, a wealth of knowledge and education. In actual fact, designing a profitable faucet is no rocket science; it all is based on the following principles:.. (copy-pasters at the ready? Yeeeeah, right, dream on).

Q: Why not do it then, smartass?
A: Because we are way more passionate about DMYF and we believe in the future of our project. At DMYF we do what we love doing without the obligation of screwing our clients over. We have dedicated a lot of time and effort into something very few believed in. We have a plan. And once we prove those who paid us no mind wrong, the world shall tremble. 

🙂

On a more serious note: below, you will read about a Bitcoin Cloudmining scam called “Tesla Mining“. Funny thing is; we stumbled upon Tesla Mining banner while browsing one of the faucets which we consider legitimate. Naturally, adverts are faucets’ bread, if not bread and butter (with an exception of Freebitco.in and Freedoge.co.in, – the must-have faucets which are 100% ad-free; damn, FBC even offers a Captcha-free hourly Bitcoin roll option!).

Where have the shady ICOs moved when Google & co. kicked their adverts where the sun don’t shine? Faucets. Where are you promised 1000000000% ROI in three hours on some CloudMining website? Faucets.

Yet, do faucets need a source of revenue to pay their users? Yes. Do users like higher payouts? Yes. The morality comes into play when one remembers that “Common Sense 2018” is still not the most popular malware protection software. Besides, how many faucet users are young people working from home?.. What percentage of the target group is gullible?.. How difficult is it to make the connection of legitimate faucet = legitimate adverts?..

Yet, morals are morals, balance sheets are balance sheets and bonuses are bonuses. C’est la vie. DMYF is not some Order of Knights Hospitalier. Neither are we some self-righteous witchhunters or lawful good cryptocurrency paladins (chaotic good would do). Alas, we prefer exposing scammers, not depending on them for a living.

Sadly, most faucet owners’ “business model” is as copy-pasted as their faucets’ scripts, – “advertise, overpromise, attract, generate as much revenue as you can, pay out as little as you can, cut all costs and eventually go bust, – with luck, months after last payout the faucet will generate passive income… Go on a holiday…Rinse, repeat”. Registered at many faucets? Let down by most? Surprise! Chances are, you were scammed by the same person, or group of people.

There are faucet owners who seem to care, but give up too early, thereare honest few simply lacking in financing and/or imagination, or those who genuinely care, but are cursed with the rare doing everything wrong at the worst possible times disease. Others do not seem to have the capacity or desire to learn and are happy to ebank cents, not dollars, – cause hey, – thinking is hard and stuff. Thinking outside the box? Wait, there is a box?..

Narrow-minded, lazy, stingy, greedy, selfish, impatient, arrogant, petty… knowing close to nothing about cryptocurrencies, – typical “gentleman’s kit” of an average faucet owner’s/administrator’s character. We do not predict future, but even applying the 90% rule and saying that 90% of faucets are basically walking dead is sheer optimism.

Market conditions? No, market conditions have nothing to do with it. Reality check: as a part of the market, you are also, to a tiniest degree, hold responsibility for its health.Scamming, cheating, lying, – stop ruining the game for everyone. 

Q: Why so misanthrope?
A: Cause welcome to the world of cryptos and DMYF, that’s why. Too much negativity? Feel like losing time/=money and get fuck all in return? Navigate yourself to Faucethub’s forum.

faucethubNotice how little we mention FaucetHub, despite its “influence”? FaucetHub stands for everything we stand against: nonexistent  faucet quality control, draconian fees and lies, lies, lies. Want to waste your time, not get paid and end up used? FaucetHub is your ideal holiday destination.

Want to learn how to earn, or learn how to learn? Want an honest estimate of how much you can “earn” via visiting faucets? Want to read articles written by those, who feel genuine guilt for making one or two mistakes, writing (unpaid) positive reviews about scammers?

Welcome to DMYF. “This is Sparta.”

In isolation, a Faucet’s faulty email address, or even a lack of response, should the address be operational is not a reason to sound the alarms. Wait for the first payout, reports of payouts, or lack of such.

DiceMine’s administration was very responsive when it came to e-mail correspondence.

monero faucet free monero free xmr dicemine scam xmr faucet scam

READ MORE: DiceMine is dead, baby. DiceMine’s dead.

Coinpot.co is very reserved. Nevertheless, the communication with its users via the “News” section is timely. May the multi-currency wallet live long and prosper.

Dogemoon.ccDogecoin cloudmining” operation’s administration is “very busy” to respond. Busy with what? Making the design even more minimalistic? Scheduling a “fun’s over, guys” date? Preparing the next scam mine? Creating a pointless faucet? Or just preparing for hatemail?

READ MORE: DogeMoon – Dogecoin “Cloudmining” adds… a faucet.
READ MORE: Dogemoon – a “Cloudmining” Dogecoin Service – Review (part 1)

As cloudscammingmining goes, Tesla Mining responded promptly, but sank quicker than if the weight of Donald Trump’s ego would be added to the mass of Titanic.

tesla mining down scam
teslaminingwebsitedown
(sidenote; anyone who has read the articles, saw multiple warnings not to invest in Tesla Mining; it was an obvious scam; we only registered there to expose the scam before it got too late and the referral link was added as a “come, check what these guys are really about”. And, we must admit, as a part of a social experiment: how greed can overpower common sense. Probably, Tesla Mining’s promises were just too sweet and our warnings not enough. Greed is one of the main motivators iof human nature. We sincerely apologise to the referral who invested his or her Bitcoin into that scam, however we have nothing to blame ourselves for; we never, ever, ever encouraged investment in Tesla Mining. Quite the opposite. Oh well… Lesson learned, we hope)

 

coudmining what is cloudmining cloudmining scam
Goodnight, Sweet Prince.

 

READ MORE: Tesla Mining
READ MORE: Tesla Mining – “free” Bitcoin Mining… What’s the catch?
READ MORE: Tesla Mining – Legit or Scam?

Hyper-reactive Support is also not necessarily a good sign.

NOTE: Ask yourself, if your “company”,  preparing for an ICO would be composed of a registered address and your mom’s basement, or your “cloudmining” operation would consist of a website designed by that friend of yours who “knows photoshop”, use the cheapest hosting/domain, would you not try to imitate business activity and, at least, respond to e-mails? Twitter accounts, Facebook accounts and even Telegram groups are free.

P. S. While navigating MyDoge FAQ, we discovered the following:

mydogecoinscam

Bad English (another warning bell, by the way) aside… What in the actual holy hell?! 

A faucet asking for donations?! For running a script?! Or Cancer Research?! Seriously?!

Do not donate to businesses which are supposed to generate revenue themselves. 

We are asking for donations to cover basic expenses, such as quality hosting and a first-level domain.

However, we do not expect any: the rules of free market will determine whether the service we provide to our readers deserves voluntary contributions. In addition to that, we assume that our readers believe that we get a hefty income from referral links (false – i. e. we do not have a single referral on MyDogeco.in).

mydogecoinscamorlegit.png

Other than that, DMYF has no other sources of revenue. Yet we give Dogecoin and Bitcoin away to our readers (eventual goal being a 100% referral income giveaway).

READ MORE: Dogecoin Giveaway: Update

There’s something wrong with this world. Or MyDoge.co.in. Or both.

As a precautionary measure, we will remove all mention of MyDoge.co.in from faucet lists. Until we receive a payout, we are very suspicious and recommend you exercise caution.

Buying Cryptocurrency, Coins, Editor's Choice, Faucet News, Faucets, Featured, Guide, Signals, Tokens, Trends

Coinpot Token’s Worth in August: Conversion Rates, Fiat Value… Future Price?

coinpot token what is it worth how much can i get for coinpot token whats coinpot token price cab i sell coinpot token for fiat coinpot token hold or sell

1. Introduction

SOME BACKGROUND: Coinpot.co rewards its users with Coinpot Tokens

Coinpot Tokens represent an undervalued feature of Coinpot.co. Rivers of time have flown by a since mysterious Token’ Balance appeared on or dashboards, yet do all active Moon faucet users utilise full earning potential of the automatically and generously awarded bonus?..checkcoinpottokenbalance

a. First things first

If you are a dedicated faucet user, think of all sources of income the faucet offers to you holistically. It would not be a bad idea to apply the same frame of mind to all faucets you are active on. Should you wish, create a formula, even if only an image of, for yourself, taking into account factors such as the following (example):

A 88 satoshi roll on BitFun (if you leave an hour or two between visits/claims) earns you 0.00000088฿ + 3 Coinpot Tokens.
A 3 satoshi BitFun roll (if you make a roll three minutes later) adds 0.00000001฿ to your Bitcoin Core Balance …+ 3 Coinpot Tokens.

Calculate how many BitFun claims alone would it take you to “farm” 100 Tokens (we will mainly refer to CTs by the 100s for simplicity).

HISTORICAL NOTE“Are the tokens related to a future ICO”, we asked ourselves as we first saw the Token logo? Coinpot administration is notoriously secretive about its intentions, plans and innovations…
No, Coinpot has not publicly announced an ICO. Does that put a cross on an ICO happening? “Never say never”.

b. So… What is a Coinpot Token?

“Coinpot Token” is much more than a merely fancy name for a “Reward Point”, like that offered by Freebitco.in (which we we recently dedicated an article to).

READ: Freebitco.in: TRIPLE (3x) Reward Points Promo: 37 Hours Left. Edition Includes a Complimentary “How to Register an Account on Freebitco.in” Guide and a Reward Points How-To

Both bonus systems are great. FBC’s Reward Points are exactly what their name stands for: you are rewarded for your loyalty to FBC by points per hourly roll. Save enough, redeem them for, say, the latest iPhone or a Samsung model.

Allow us the liberty to define Coinpot Tokens as the multi-currency wallet’s value-exchange system’s units. FBC’s Reward Points are barely affected by the state of the cryptocurrency market.

CT’s are. However, since Coinpot Tokens are not directly available (ed: in their original  Token form) publicly, are not (yet?) traded on an external cryptocurrency exchange and can be accessed and/used directly only via Coinpot.co, they can be mined (wtf sic!) and on the wallet’s dashboard, Coinpot Token balance looks like just like, say DASH, balance. How much does an average microwallet user know about DASH, its history, investment potential, differences and similarities in comparison to other coins? How much does an average mictowallet user know about the investment potential of Coinpot Token, its value, worth, price, whether to HODL or sell? Is it safe to sat that the potential for new users’ confusion is understandable?..
coinpot token dash coinpot token value coinpot token price coinpot token sellhow much dollars coinpot token how to sell coinpot token for fiat fiat coinpot token what is coinpot token

c. Important: Cryptocurrency Games of Chance, Lotteries, Dice…

If you think Coinpot has granted users a free bonus which you can use for gambling, instead of withdrawing your earnings to test your luck elsewhere, you are technically right. A typical cryptocurrency faucet’s “innovation” is aimed at  keeping the funds within the faucets (away from your personal wallets), under any “for your own good” excuse (Cointiply’s farce of a “Premium Account” is a prime example).

Some offer of a wat to “multiply your earnings” is just a classic. Keep in mind what you came to the faucet for: making a few coins. Learn about cryptocurrency. Whatever it is, we would recommend following the simple rules.

* Payout (money earned from fauceting): good.
* No payout (postponed payout, delayed payout): bad.
* No payout because of your choice to test your luck/purchase a useless trinket… Your choice.

Remember that you can either play some hi-lo game or take part in some “probably fair” faucet lottery, lose and, – congratulations! – your time, activity, efforts, hopes and aspirations represent free money for the faucet owner.

WARNING: Unless you are totally confident you have knowledge of a guaranteed winning system, proven itself over and over, we believe that spending currency earned on a faucet internally is one of the top-5 fuck-ups mistakes a faucet user can commit, – should you fail to win, especially before making a single claim…

We do not endorse gambling, however if that is your interest anyway and you play responsibly, consider doing so at a specialised website.

Here’s why:

A faucet which offers some gambling options is reviewed as a faucet, classified as a faucet, SEO’d as a faucet. Everything else is a side-biz. An online crypto casino’s main business is Bitcoin/Dogecoin/Whatevercoin Roulettes, Dice, etc.

cryptocurrency casino crypto casino free crypto casino
Disclaimer: We are not promoting Luckygames, we are mentioning the multi-currency online casino because there is no deposit required, it features a faucet for its internal currency which can be used to win real prizes and it is currently under DMYF review. The review will be honest and unbiased; as to why we are referencing it, – simply because we only refer to resources we have tested out first-hand.

cryptocasino no deposit
If the “dice are loaded”, even if the casino’s website has an in-built faucet (like Lucky games), if the users lose too often and win too little, they will bring the website’s ratings down. Hypothetically, if the roulette spins red 20 times in a row as soon as your winnings exceed a certain amount…

Remember the “no such thing as bad press” expression? Or something like “the only thing worse than… …is not being spoken about”?  Bad press which leads to a decline in the amount of visitors, resulting in lower revenues and companies all-of-a-sudden having to pay money to search engines to stay afloat? That hurts them more than your vicious Trustpilot one-star fatality, three-post-long thread on Bitcointalk, or even than a negative review on an up-and-coming  boutique independent media resource such as DMYF (aka or a wtf-is-this-design can’t-even-afford-a-domain wordpress-hosted blog-about-some-shit-noone-cares-about)!

d. Back to CT: Coinpot Token’s Value: Currency Conversion

coinpot token price today

Disclaimer:
*exchange rates are not fixed and are subject to change, often multiple times a day.

*Coinpot.co charges 0% conversion does not charge a commission for currency conversion, full stop. We only wish…
*Conversion is instant (how important that is is a question one must answer himself).

For the purposes of multi-part in-depth review we decided to compare the exchange rates over the course of few days/weeks. The snapshot of the figures below has been taken early last weekend. The rates will “catch up” in the following articles.

Having a feel-good stare at a multi-thousand Coinpot Token balance is nice and cozy. However, should one need immediate access to funds, for whatever reason, a natural question is: what can I get for my Tokens now? What is the Coinpot Token’s actual value today

NOTE: The asset’s liquidity should always be taken into consideration. Within hours, even a thousand or two Coinpot Tokens can be in any wallet their holder wishes them to be, performing whichever function their holder wishes them to perform.

Downsides? Potential for impulsive decision-making leading to erroneous choices, “quick” usually means “expensive” etc.
Upsides? Opportunities too good to miss, premonitions, etc.

Should you have chosen to think of your Coinpot Tokens’ current value…

…in Bitcoin: CT to BTC conversion rate was 0.0000000135. 100 Coinpot Tokens converted to 0.00000135฿.
…in Bitcoin Cash: CT to BCH conversion rate: was 0.0000001380. 100 Coinpot Tokens converted to 0.00001380 BCH.
…in Dogecoin CT to DOGE conversion rate was 0.0341752587. 100 Coinpot Tokens converted to 3.41933771 Dogecoin. (!!!)
…in Litecoin. CT to LTC conversion rate was 0.0000012920. The LTC value of 100 CT would be 0.00012928 Litoshi.
…in DASH. CT to DASH conversion rate: was 0.0000004724. 100 Coinpot Tokens could have been converted to  0.0000004724 Duffs.

Ignoring the highlighted Doge, what would you convert your 100 Tokens to, given the exchange rates?..

e. Now, the fun part: What is a Coinpot Token worth in fiat (USD, EUR, GBP)?

We believe we discussed the difference between “price”, “value”, “marker value”, “perceived value”, “potential value”, the factors such as consumer trust ratings, liquidity, predictability and real-life utility in relation to the Token in the past.

READ: Coinpot Token Price – What is a Coinpot Token Worth?

If we have not, please comment and let us know.
If we have missed something, please comment and let us know.
If you spot a mistake/typo, factual error, please comment and let us know.
If you have a Nobel Prize for Economics, please comment and let us know, – we would like to ask for your autograph. And ask a question or two (hundreds).

In a nutshell, a Coinpot Token’s actual worth is determined not only by a supply and demand, the quality of both supply and demand, but also by such trivialities as the future of Coinpot, the perceived future of Coinpot, whether any future plans  exist, conversion rates, liquidity and performance of all five currencies featured on Coinpot, transaction time, fluid things such as market sentiment, state of cryptocurrency market at present, etc. News, fake news, interpretation of news, degree of stupidity of CNBC those reporting the news… You name it.

I. e. Some second rate random exchange no one ever heard or cared about gets hacked, millions of some random crypto no one ever cared about get stolen, this hits the news?.. Bad. Some crypto is still traded on Binance while its creators are already in handcuffs for fraud?.. (this is why DMYF hates cryptocurrency scammers with a passion). Bad. Public fails to realise that Google’s “ban” on advertising ICO’s is good? Bad. 

In any case.

I. e. you purchase X Satoshi for Y Coinpot Tokens today. Yet, a little bird reliable market indicator signals that whereas TODAY one Bitcoin could be both purchased  and sold on a variety of an open markets, taking into consideration all possible fees for circa $6678 USD, tomorrow the BTC/USD pair will trade at around $8500.
Question: if you can somehow quantify the statistical probability of the price hike, how does that affect an estimate of what a Coinpot Token is worth relative to fiat* TODAY?

The question is hypothetical.

What is a Coinpot Token worth in fiat? Do the array of calculations of selling the Tokens, withdrawing the crypto of your choice, selling it for fiat, fees, fees, fees.

What a Coinpot Token’s price in fiat is also heavily determined by having a plan; not only what is the best crypto to convert the Token to and the most expensive to sell for.

That, and more will be covered in the next part of our Coinpot-related set of articles.

Have a great weekend!

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