Coins, DMYF, Giveaway

(ongoing) Dogecoin Giveaway upd.

In continuation of our Dogecoin Giveaway, we are happy to announce that…

free dogecoinand thus the total…
total doge shared🙂

We thank all participants of our Giveaway!

Coins, Faucet News, Faucets

Dogecoin Giveaway: upd.

Freedogeco Amount to share interface showing 10.49 doge

This time…

and (total)…

Interface showing 190.5 dogecoin shared among the DMYF users


…symbolically approaches 200!

Reminder: we are sharing 100% of referral income, which is 50% of every referral’s roll figure. Sharing frequency depends solely on referral activity, – more participants + more rolls = greater giveaways. Anyone can take part by registering using our link.

DMYF does not “pocket” a single percent…:

Referral Commission and the amount shared constant of freedogecoin


…hoping that one day the total weekly amount shared will exceed a 1000!

Coins, Faucet News, Faucets, Giveaway, Guide, Mining, Selling Cryptocurrency

Faucet News: Cointiply Mining Game GpC Rate, FreeBitcoin Promotion, FreeDogecoin Rewards Increase. Bonus: “Hidden” Faucets, Unconventional Solution to “Dusty” Wallets

FreeDogecoin:

how much doge can i earn per hour
Hourly minimum roll rewards are creeping up (0.09-0.10.0.11). Which means that the Dogecoin trade value is… (who knows the answer? Raise your hand up!)

*hint:

“Why has the minimum faucet reward been reduced?”

why minimum faucet dogecoin doge earnings have reduced

…however participants of our Dogecoin Giveaway earn 50%+ more than those too lazy to create/switch/add an account. 😛

Cointiply Mining Game “Fuel” – Gems

cointiply how much are gems
And yes, this is important (to those “earning passive income” by playing the Mining Game)

what are cointiply gems for
Depending on the Mine’s Level, maintaining Efficiency (passive Coin production) at 200% costs from 200 Gems per hour to… more.

When the GpC rate is good…

gemsss
…one faucet roll is enough to forget about “Gem Mode” for a day…

is cointiply loyalty bonus worth it
…or two, if you have a 100% loyalty bonus.

*hint: Cointiply Mining Game implies risk, can be addictive and is not free-to-play.

However, constructing a building or two and simply claiming Gems once per hour to sell them on the Marketpace for Coins = second Cointiply hourly faucet and an extra way of earning more on Cointiply. A click is enough.

Screen Shot 2018-10-21 at 4.09.38

Remember:

“Gems are used to purchase efficiency and upgrades for your Mine. You can toggle between earning Gems or Coins on Cointiply at any time.

Changing your earning mode will effect all earning methods including offer walls, faucet, videos & PTC. The conversion rate for Coins to Gems fluctuates based on the number of Gems in circulation.”

(wink-wink)

FreeBitcoin

fbc

We are yet to test our “OMG REWARD POINTS ARE AWESOME” theory.

For now, at least consider the fact that Reward Points are used to earn Satoshi hourly with no captcha. 

faucet with no captchaearn bitcoin with no captcha

New Content: Preview.

Faucets and Beyond…

As a reminder that DMYF was, is and will be devoted to providing quality, in-depth, educational, but, most importantly, thought-provoking content, it has been decided that our permanent followers get to read about something besides Cointiply during this weekend, even if it will cause a delay in the implementation of cosmetic changes.

 


 

cloud mining faucet exchange
Est. 2013

Eobot (a multi-currency cloud-mining service we are currently testing; as of now, we can merely state that visiting Eobot is 100% safe and interesting) also has a faucet – is that a well-known .fact? Only one claim per day can be made, but a user can either claim one of many cryptocurrencies featured on Eobot (Litcoin, Ethereum, Litecoin, Bitcoin Cash, Dogecoin, Ripple, Dash, Golem, Cardano, CureCoin, NEM, Monero, Zcash, Factom, Bytecoin, STEEM, Lisk, EOS, USD, Gridcoin, and Ethereum Classic), or “roll” a random crypto.

Eobot (or Eobot-like service) is meant to be Destination 2 in the “Earn, Invest, Trade” journey: a faucet user earns cryptocurrency fauceting,  learning about the market and coins, gaining some transferrable skills. Faucet earnings can either be used to learn a thing or two about trading, or finding a reliable short-term investment vehicle offering decent enough ROIs, flexibility, access to funds and transparency.

We are not yet confident enough to contemplate purchasing hashpower through investing  personal funds, but the faucet is free, generous (depending on the currency, = $0.01 per roll is not a abnormal reward), which means hashpower can be rented (= coins multiplied) using faucet earnings only. The “profits” are hardly worth the effort (although, in the future, who knows…).

Notably, the faucet-cloud “demo” offers an incentive to explore Eobot’s system from within and should not be mistaken for a source of income… which applies to (*spoiler: almost) any faucet.

eobot faucet
“+0.03001822 GNT added for visiting our Faucet page”


LuckyGames

LuckyGames (also under test) is an online cryptocurrency casino, considered legitimate, safe, fun and not rigged.

DMYF does not promote or encourage gambling. However, anyone following our faucet guides has made more than enough cryptocurrency to… do what? HODL? Trade? Speculate? Invest in dodgy scams? Withdraw to fiat?.. “What to do with Coinpot Tokens” is the most popular question we get. We do not offer financial advice; Coinpot Tokens can be used in many different ways… the worst of them is playing Lottery and Multiplier on Coinpot.co. 

Many users actually stare at their Coinpot.co, FreeDoge or Cointiply balances and think: “now what?”

DMYF’s answer: NOW IS WHEN ONE SHOULD ASK ONESELF: WHY DO I NOT YET KNOW WHAT TO DO WITH MY FAUCET/EXCHANGE/INTEREST/TRADING/MINING EARNINGS? MAYBE NOW IS A GOOD TIME TO RESEARCH HOW EASY IS IT TO TURN 0.01 LTC TO CASH? OR IS BCH GOOD FOR HODLING? OR WHERE CAN I SPEND WHATEVER I EARNED AND WHY THE HELL ARE MY EARNINGS STILL NOT ON A REAL WALLET? IS YOUR PORTFOLIO UP TO DATE? DO YOU HAVE A PORTFOLIO?

The worst “now” is gambling the earnings within the faucet the earnings came from because “probably fair” is “probably” fair and  (FreeBitcoin is an exception, to a degree). If games of chance is a user’s hobby, DMYF mentions LuckyGames, which is not a scam and a million times more fun than Cointiply’s new “earnings down the drain innovation” Multiplier.

LuckyGames, interestingly enough, is a casino which has an internal faucet which can be used to replenish your balance whenever it reaches 0… Yes, really. To try out any game, the user does not have to invest a hair of a Dogecoin; moreover, the internal currency has some real-life value (albeit, only at enormous amounts)… …and is acquired via a faucet.

cryptocurrency casino
Directions: bottom left – lowest button on the bar… a click brings up the faucet menu.

Strengths:

  • LuckyGames accepts deposits of 77+ (!!!) currencies.
  • Minimum bet in any currency is the market value of 1 Satoshi (!)
  • No fee for transferring/depositing currencies to their respective wallets
  • 70+ addresses for 70+ currencies which are perfectly maintained and not going “offline” when the coin’s value rises (or falls).
  • Security = 2FA, “new IP” warning.
  • Pleasant design.
  • Cryptocurrency Exchange. Allowing users to exchange any of the 75+ currencies to any of the 75+ currencies. The exchange is what attracted our attention, as it solves problems of “dust” (leftover bits of currencies, usually polluting balances after trades) and… offers a second “chance” for a rookie investor/trader to “correct” a common mistake.Example of a Newbie Mistake (not to be taken for advice!): a coin/token purchased in hopes of to-the-moon turns redder and redder…. and is getting delisted in 24 hours (delisted does not necessarily mean there is anything wrong with a coin; but it definitely can mean that the exchange will “eat” whatever was left of the coin without making a big fuss, apart a very discrete, barely noticeable warning) and trades will either be frozen, or the minimum trade shall exceed the balance…Yet it is possible to withdraw the coin. Withdraw where? Research the creation of a wallet for some random altcoin? Creating an account on yet another shady exchange, possibly facing deposit and trade fees? All for something worth $0.10 months ago and worth $0.05 now?.. Although HODLing “might” be worth it, there is always an option of admitting that:

    – Learning about fees, exchanges’ policies, altcoins’ liquidity is a must
    – Some exchanges are made to cheat users by silently “delisting” coins
    – There are no regulations, nobody to complain to and support will say “you should have read the “News” section…
    – Considering researching every coin before purchasing the coin
    – Fees change, prices rise and fall, altseasons come and go, innovations appear, the market is volatile and unregulated. There are only 24 hours in a day… yet CoinExchange, Yobit and many others keep introducing new trading pairs. With minimum amounts required for a trade range from 5 to 10 Doge, it is tempting to skip the “research” part. 

    ….depositing “dust” onto a LuckyGames wallet where the currency can be exchanged for other coin,, or multiplied by playing Blackjack…. a 0.000001 BTC minimum bet in any currency. When gambling is the only option, it is not gambling, but a form of an exit strategy with an added chance of winning.

    Summary: “stable”, liquid currencies, currencies which have potential to increase in value, even crazy, but “who knows” altcoins (example: Dogecoin), or anything that adds value to one’s portfolio is one category.

    “Dust”, dying currencies (inactive team, low market cap), balances on shady exchanges, trade leftovers which can be converted to e. g. Litecoin only by using more :Litecoin to purchase more shitcoin… …to meet the minimum trade amount necessary to trade it back to Litecoin (fees+fees+fees+fees…)… Portfolio is worth $1000, out of which $950 is 4-5 coins of value, rest is 50 currencies representing $50 of dust? Many have been there. Many inactive “dusty” accounts made many exchanges profits.

    As Thomas Carter says, “always have a plan”. Even if the plan features a cryptocurrency casino, a plan is better than no plan. A plan that has been thought through is better than just a plan.

    cryptocurrecy casino miimum bet 1 satoshi
    LuckyGames.io currency exchange

    Finally, when the ill-researched plan fails and the options are “forget xxxcoin ever existed” (=loss for you, =profit for the exchange), or salvage it through a casino since no exchange accepts a trade below XXX amount of xxxcoin”… (=there is still a chance), the plan is not completely doomed.

Faucet News, Faucets, Important, News

Pre-Weekend Faucet News: FreeBitcoin 5x Reward Point Promo, Cointiply Increases Gems-per-Coin Rate, Freedoge Increases Minimum Payout

FreeBitcoin is running a 5x (!!!) Reward Point promo.

free bitcoin

Read: everything about Reward Points we’ve written so far.

FreeDoge has increased its minimum roll reward to 0.10 Doge. As our regular readers know, this is an important factoid.

free doge
Read: 7 Reasons Why Freedoge.co.in is a Must-Have Faucet + A “How to Register and Get 100% Free Doge from Us to You”

Cointiply

Mining Game: GpC Conversion Rate is climbing up again.

cointiply mining game

Tip: Hardcore Mining Gamers, have you considered creating a spreadsheet detailing the expiry times of your upgrades? Mining must go on! Do not let yourself get sandbagged! They shall not pass!

Read: Everything Cointiply here.

P. S. An answer to the traditional “are Coinpot Tokens worth anything” question:

Our hypothesis (we repeat: o u r h y p o t h e s i s) is that Coinpot Tokens are the USDT-equivalent resting in your Coinpot Balance. Their value is tied to fiat and roughly equates to 100 CT = $0.01. However, since Coinpot Tokens are quite versatile (as long as Coinpot exists), the availability of CT opens doors to some interesting ways of…

😉

Read: everything Coinpot Token-related published so far. 

Have a great weekend!

Sincerely yours,

DMYF

DMYF

Faucet News, Faucets, Giveaway, News

Dogecoin and Satoshi Giveaways – Update

Dogecoin: 

A few more Dogecoin have been shared. Just so our participants would not think that we are keeping any profits to ourselves…

dogecoin giveaway
Bitcoin/Satoshi:

A few more Satoshi have been shared…

free bitcoin

We descried the mechanics behind both giveaways previously.

Example: You have a FBC/FDC account with little to no active referrals. Why not make a final withdrawal, register a new account using our referral link? By doing so, you are guaranteed to receive additional Sat/Doge on top of your original earnings.

How much can you expect to receive if you participate in our giveaways?

FBC: 

fbc

FDC:

FDC
So… Join – Roll – Get Extra Satoshi/DOGE!

Participate in the Satoshi Giveaway by registering on Freebitco.in
Participate in the Dogecoin Giveaway by registering on Freedoge.co.in

Coins, Faucet News, Faucets

Faucet Payout Time: Freedogecoin vs. Cointiply

Freedoge altogether took around 30 minutes from the moment the request was submitted to the moment the funds landed in an external wallet.

withdraw dogeoin
withdrawing dogecoin

Freedogecoin:

Minimum Withdrawal Amount: 50 Doge
Transaction Times: From 30 Minutes
Approval: Automatic
Email Confirmation: No
2FA (extra layer of security): No
Fees: 0.25 Doge

Cointiply:

Minimum Withdrawal Amount: The Equivalent of 5$ (in Dogecoin)
Transaction Times: Circa 24 Hours
Approval: Manual
Email Confirmation: Yes
2FA (extra layer of security): No
Fees: 0

Notes:

*Manual Approval can be a good thing (if there are security concerns), or a bad thing (if the faucet administration decided to not like you). 
* 2FA/Confirmation is a good thing, – you do not want your funds withdrawn by someone who guessed your password.
* There is no reason for you to keep your earnings with a Faucet, unless you want to have an option of instant withdrawal at hand (e. g. always keeping a safetynet amount which allows you to forget about the minimums; thus avoiding a situation where, say, 25 Doge get “stuck”), or a Faucet incentivises you to do so (e. g. by offering an interest rate, like FreeBitcoin, or a risky 90-day “investment” scheme, like Cointiply). Until the funds are in your wallet, they are not yours
* Choose a wallet wisely, pick a strong password, maintain paper backups, use a secure browser, enable every security feature there is. 
* HODLing cryptocurrency is risky; do the necessary research before picking a currency to “save”; beware of price fluctuations.
* Coinpot is not a wallet, it is a faucet income aggregator. Do not hold funds in your Coinpot account. 
* Be honest with yourself: faucet income will not make you rich. Since the amounts are minor, DMYF philosophy implies that faucet earnings should always “work”.  However, that is our philosophy and, since we are a non-profit project, testing various services is our mission, – let us do the risking first. Learn from our mistakes.