Lots of quotes going on up there  I think I have been pretty clear on how the system works, including how it works behind the scenes. The front page of CoinGiveaway.com clearly explains the process, as does the FAQ and the many posts I have made here in this thread. I am not sure how I can make it any clearer?

Unfortunately no one has yet managed to reach the required amount of green referrals to receive payment, as soon as someone does I will definitely let you guys know.

If there is anything else you think I could provide in the mean time that would constitute proof, for you or others, that CoinGiveaway.com is a legitimate business, please let me know.

Tab

I thought a couple allowed US users from particular states, I'll have to check. I will try and add some US specific offers this week for you to check out.



I am pretty sure I have already answered these questions, the only information my site needs is your email address and bitcoin address, nothing else.. Also CoinGiveaway isn't a prize draw or competition, you just to complete one offer and refer some other people to do the same, you then get your bitcoin.

Tab

I am not sure you know what a ponzi scheme is, as CoinGiveaway is definitely not a ponzi scheme, it's simple Affiliate Marketing which has been going on since the dawn of the internet. You are not paying me anything, and I am not taking your money and paying anyone else with it. I am simply getting paid by these advertisers for the customers I bring them. You are simply helping me bring them more customers by referring people. When you have referred 5(for .25 BTC) who have completed an offer, I simply pay you a portion of my advertiser commission in bitcoin.

Hope that helps clear up the misunderstanding.

Tab

Hi All,


Excellent news BitcoinBarrel!

Unfortunately no one has completed the requirements to receive any bitcoin yet. We have a LOT of users who have referred a LOT of people, but none of the accounts so far have completed an offer. It's really simple, each offer on our site explains what you need to do to complete it. I'll give you an example of how to complete the Jackpot Joy.

1) Click on the Jackpot Joy banner on the "Offers" page.
2) Sign up to Jackpot Joy and deposit £10.
3) Jackpot Joy will then give you a deposit bonus of £35 for free, giving you £45 to gamble with.
4) Play some games on Jackpot Joy and make sure you play through your initial £10 deposit
5) Wait around 24 hours and you will receive credit for completing the offer on CoinGiveaway

That's it.

You and 5 of your referrals need to complete an offer, you will then see an "Order" button on your dashboard. Obviously if you are someone else's referral then you have just helped them on their way to receiving their bitcoin as well.  

And just to reiterate in case anyone comes along and doesn't read this entire thread, this is NOT a scam, it is a genuine incentivised marketing/affiliate marketing program

Thanks
Tab

Excellent news!!

Tab

Could you email support@coingiveaway.com, or PM me on here and let me know your email address. I can then take a look and see what is going wrong.

Thanks
Tab

Wow, whats with all the hate? I appreciate healthy skepticism, but there is no need to be rude. This is not an MLM or ponzi scheme. There are no multiple levels involved, or paying out from money other people put in. You are going to put people off with terms like these when this is clearly not how the system works.

As I have said in previous posts, it's simple affiliate marketing. You are not paying me any money, and you are not paying for referrals. You simply signup to one of the offers, and refer people. Once 5 of your referrals have also completed an offer, you get 0.25 BTC.

Tab

CoinGiveaway isn't a faucet, you need to complete an offer and refer people to do the same. We are not giving away a few hundred satoshi, if you and 5 of your referrals complete an offer you will get 0.25 BTC.

I am not sure what you mean by "bypass the authentication", or "Giveaway threads may create some issues" ??

Thanks
Tab

Really sorry you are experiencing this issue, however I am not able to see a problem with the site. It has been working fine... Is anyone else experiencing a problem?

Tab

I have just added a few banners in popular sizes, I'll add more as I go along... You can find them on the "Referrals" page.

Cheers
Tab

Not at the moment, but thanks for the nudge. I'll add them to the Referrals page once I have some. I am working on some dynamic banners at the moment that display your account stats, referrals etc... You can put them in forum signatures (obviously not on this site ) to show your progress and also advertise your referral link.

Tab

The T&C's are just there to protect me from fraud and people abusing the system, signing up multiple times etc... If you complete an offer and refer legitimate users who also complete an offer, you will receive your bitcoin. It's a really simple process...

Tab

As promised we have just added Jackpot Joy as a new offer on the site. As an added bonus, when you join Jackpot Joy and deposit just £10, they will give you an additional £35 to play with

Jackpot Joy is home to the best games and biggest jackpots. Since its launch in 2001, the site has grown to become one of the UK’s most recognised online gaming sites, boasting a huge selection of games and winning multiple awards year on year. To complete this offer simply signup to Jackpot Joy(click the Jackpot Joy offer on the "Offers" page), deposit £10 and play through the entire amount.

Jackpot Joy has the official Deal or No Deal game, as well as many others!

Tab

I appreciate the scepticism, but I can assure you this is not a scam. I understand you have not seen this type of site before in the bitcoin arena, but it is a well established business model. It is almost exactly the same as cashback sites. To receive 0.25 BTC, you need to sign up and complete an offer, and referrer at least 5 people who also sign up and complete an offer. You could have 200 referrals, but you only need 5 of them to have completed an offer to get your 0.25 BTC. If fact the it is better to get as many referrals as you can to maximise the chance of some of them completing an offer. Not all you referrals will complete an offer.

As an example, lets say I receive £30 for every person who completes an offer. So you complete an offer, and 5 of your referrals complete an offer, that's 6 x £30 = £180... 0.25 BTC is worth what, about £120 at the moment? So I can easily payout. The different offers pay different amounts, but trust me I have done the maths, I don't want to be losing money or not be able to pay out.


To receive 0.25 BTC, you need to sign up and complete an offer, and referrer at least 5 people who also sign up and complete an offer. You will then receive your 0.25 BTC. It really is that simple. The more people you refer, the more chance you have of getting 5 that complete an offer. On our other sites in the past we have had people getting hundreds of referrals by posting their referrals links on forums, creating dedicated websites explaining how to get the free gifts, people have even used adwords and facebook ads to get people to sign up using their referral link.

Give it a go, you can sign up and start referring right away.

Tab

Just wanted to let you guys know that the SSL Certificate problem on our support site has now been fixed. Going to https://support.coingiveaway.com/ no longer produces an SSL error.

Thanks
Tab

Unfortunately the site was only launched yesterday, so no one has gained any bitcoin yet. As soon as someone does, (with their permission) I will post here.

I think the problem some people are having with the concept of CoinGiveaway, is that they are comparing to it to plain old faucets. The business model is completely different and does not rely on getting a couple of pence from banner ad views, and getting satoshi dust in return. By simply completing one(1) offer and referring people to do the same, you can receive a substantial amount of bitcoin with very little effort.

I'll make another post shortly with some ideas on how you can advertise your referral link to maximise it's exposure. Simply placing your link in your forum signature is a great first step.

Cheers
Tab

You are not really selling your identity...  all you are doing is signing up to a gambling or bingo site with the intention of having a bit of frivolous fun, and in the process getting some bitcoin out of it. You are not selling your soul. I do understand there are people here who value their privacy and are naturally sceptical of these sorts of things, which is perfectly understandable. But I think it also possible to over think things sometimes.

Just as a FYI, the only information my site has from you is your email, name, and whatever bitcoin address you want your funds sending to. I have no access to whatever information you use to sign up to the offers with.

Thanks
Tab

  It's just a typo, I have fixed it now. Thanks for the heads up.

Regarding the SSL error on our support site https://support.coingiveaway.com, we are waiting on an SSL certificate to be provided. We use a cloud support desk from zoho.com and it requires an SSL cert. We should have it installed shortly, and you will no longer see the SSL warning.

Regarding the offers, what is required to complete them is noted on each of offers in the members area. So for Betfair for example, you need to sign up to betfair, deposit £10, and play through the entire amount. Betfair will then inform us that you have completed the offer. This normally happens within 24 hours, but can take longer.

Those of you that are worried about the low referrals, they are actually not particularly low. We are basically just affiliate marketers, our advertisers, like Betfair, pay us for each user we send them. This is how we pay for the bitcoin when you reach the required amount of referrals.

Please let me know if you have any more questions, I am happy to explain anything in more detail.

Tab

Hey, I have replied to your ticket.

Cheers

Here's a few of them...

Betfair - The largest bookmakers and betting exchange in the world, valued at over £8 billion.
32Red Bingo - From the 32Red Casino Brand
Betway Bingo - From one of the oldest online gambling companies in the world

We will also be adding Jackpot Joy(largest gaming site in the UK) and Virgin Games(from Virgin) very soon.

I am not sure what proof you would want from us to prove we would pay out? We have been in the referral free gift market for a VERY long time and have given away more than £500,000 of free gifts. The referral free gift market it very well established and it's inner workings are very well known. We have no reason not pay out.