Search content
Sort by

Showing 20 of 298 results by Thomasio
Post
Topic
Board Electrum
Topic OP
How to et a Taproot address?
by
Thomasio
on 04/11/2024, 16:10:16 UTC
Elsewhere in this forum it says Electrum partially supports Taproot, but Electrum can only generate legacy addresses.
I like Electrum because it's light weight and easy to use, but where and how can I get a Taproot adress that I can then import into Electrum?
Post
Topic
Board Micro Earnings
Re: [ANN] CRYPTO MINING GAME, Earn Satoshi, Doge and Litoshi by playing to mine
by
Thomasio
on 06/01/2023, 14:34:21 UTC
Ah well, this thread is as dead as it gets, but then, at Discord they block users who ask questions they don't like and after all this posting of mine here may be worth for nothing.
Yesterday was the latest "update" of the CMG site and it brought ...... who would have guessed ........ a 67% cut in payouts.
Instead of getting roughly 600 gems for free per day to match the coinz I'm earning, I'm now offered to do mercenary missions for a max of roughly 200 gems and estimating how long it might take to do all those mercenary missions comes down to something around 16 hours per day or else the gems for that day expire.
In other words, I'm now supposed to work 16 hours per day for the right to withdraw a penny per day.
What was the minimum withdraw to wallet again? $10 or something? Meaning one gets to a minimum withdraw once in 1000 days or just under 3 years?

Did I get that right?
Post
Topic
Board Micro Earnings
Re: [ANN] CRYPTO MINING GAME, Earn Satoshi, Doge and Litoshi by playing to mine
by
Thomasio
on 27/06/2022, 21:52:46 UTC
Yes, I'm still here, only not checking this forum so often anymore, there's simply nothing going on here.
About CMG there's nothing else to say that I haven't already said multiple times and groundbreaking news as in something to the advantage of users I do not expect.
I've basically given up making money on CMG, I'm having a little bit of fun upgrading cards and drones, but haven't made a withdrawal in ..... not even sure ..... 2 years or so.
Subsequent I've drastically reduced the time I spend per day playing CMG and I guess @jamboom will have noticed that not just from me, but from other users as well.
Post
Topic
Board Micro Earnings
Re: [ANN] CRYPTO MINING GAME, Earn Satoshi, Doge and Litoshi by playing to mine
by
Thomasio
on 11/06/2021, 12:19:37 UTC
I want to tell everyone. On the cryptomininggame discord channel, they began to ban everyone who speaks the truth. Including me.

They are a private enterprise and they are free to decide who they let in and who they kick out, even without providing a reason, just like you are free to decide who you let into your house and who not.
Their only problem on exercising this freedom ist, if a company begins to kicks out their customers, they won't stay in business for long.
Post
Topic
Board Micro Earnings
Re: [ANN] CRYPTO MINING GAME, Earn Satoshi, Doge and Litoshi by playing to mine
by
Thomasio
on 19/05/2021, 23:18:31 UTC
If you let the coins build up by doing multiple withdraws from CMG you’ll be able to withdraw your coins from FaucetPay to your main wallet in no time.

Wrong.
First of all it takes the same time building up coins at FaucetPay as it takes building them up at CMG, because coins do not become more by moving them to a different place, and then you need some extra coins to pay the secondary withdrawal fee from FaucetPay to your wallet.
Or in other words, the detour through FaucetPay takes a bit longer and you get out a bit less.
Post
Topic
Board Micro Earnings
Re: [ANN] CRYPTO MINING GAME, Earn Satoshi, Doge and Litoshi by playing to mine
by
Thomasio
on 19/05/2021, 01:38:41 UTC
You actually only need 1 Coinz Key to withdraw, but this is only for FaucetPay which should have been added as a payment option months ago imo. For Direct Wallet payment you do need 100 of them which could be a struggle for a single user which is why I feel like Jamboom added the FaucetPay option.

What difference does it make?
To withdraw the value of $1 you need 100 keys, whether to FaucetPay or elsewhere, what's the point of withdrawing single pennies while from FaucetPay to your wallet there's a higher limit, meaning you still cannot get your money, you just get it stuck in a different place?
Not to mention how senseless it is talking about "withdrawing" with values < $10.
Post
Topic
Board Micro Earnings
Re: [ANN] CRYPTO MINING GAME, Earn Satoshi, Doge and Litoshi by playing to mine
by
Thomasio
on 18/05/2021, 14:47:40 UTC
I lost all my hope that I will be able to withdraw any single coin anymore.

It's almost funny when the news talk about another update in the withdrawal system, isn't it?
If you look at the changes, instead of 1 Coinz Key per 10,000 Bitz (or whatever else you wanna withdraw) you now need 100 Coinz Keys, meaning 100 times more energy to pick them up.
Chances to find one have obviously increased by a factor of 100, but needing 100 times the amount and finding 100 times more still gives on average the very same 7 weeks per minimum withdrawal as before, only requires users to be 100 times more diligent to collect the keys and leaves them less energy to pick up other stuff.

The max withdraw has been decreased from 500,000 coins to level*level*10, which in level 22 gives a max of 484,000 and since I believe there are no users on level 23 yet, it's simply another attempted cut in payouts which in reality doesn't hurt the users but the site.
Users can withdraw 500,000 coins in 2x 250,000 (as far as they have the keys), so no difference for the users, only for the site it makes a difference because the blockchain fees for 2x 250,000 (whatever that corresponds to in BTC or LTC) transfers are simple higher than for 1x 500,000.

Does @jamboom REALLY believe there could be users who cannot calculate that 1x 10,000 is the same as 100x 100?
Apparently he himself isn't capable of calculating that 2x blockchain fee is more than 1x blockchain fee.
Post
Topic
Board Micro Earnings
Re: [ANN] CRYPTO MINING GAME, Earn Satoshi, Doge and Litoshi by playing to mine
by
Thomasio
on 11/05/2021, 15:19:26 UTC
Has anyone done the calculation yet?
If you look into the CMW standings (as long as you have no victory points) you'll see your rank > 1000, which means there are over 1000 active users having at least 1 victory point, looking for Coinz Keys.
Of course we do not know how many users there are, but let's just say it's 2000 active users looking for Coinz Keys.

300 Coinz Keys per week divided by 2000 users means on average a user finds one key every 7 weeks.
Since 1 key will allow the withdraw of 10,000 Bitz (or any other currency) this means it takes on average 7 weeks to get to a minimum withdrawal and since that's just $1 we can calculate the average amount of money this site pays per user will be somewhere around

$1 / 49 days ~ $0.02 per day or $0.60 per month

and it doesn't even matter how diligent some users may be, even if you win the war game every single season, on average you won't get paid more than $0.60 per month.
Post
Topic
Board Micro Earnings
Merits 1 from 1 user
Re: [ANN] CRYPTO MINING GAME, Earn Satoshi, Doge and Litoshi by playing to mine
by
Thomasio
on 07/05/2021, 20:45:05 UTC
⭐ Merited by Stalker22 (1)
That's because the entire concept of the site has some fundamental flaws.

First of all the revenue jamboom originally calculated with turned out to be way off, meaning he's getting way less than he expected.
From shortlinks that turned out to be scam and never paid over shortlinks that pay only 5 times per IP and day or so, where the users use the very same shortlinks on several dozen different websites, where only the first of these sites a user visits per day gets paid, leading to complete termination of use of shortlinks on the site, up to an ever increasing amount of crypto related and ad financed websites hunting a shrinking amount of money advertisers are spending, the revenue of CMG wasn't even sufficient on day 1 and has gone downhill from there.

Next is jambooms reaction to the problem.
Any halfway logic thinking business man as well as any economist can tell you, you cannot cut your way out of a recession, the ONLY way to get into the profit zone is growth, but jambooms reaction is cutting payouts.
The less revenue he gets, the more he cuts payouts, subsequent more users run away, further reducing the revenue for the site, leading to further cuts in payouts, and so on and so forth, known as a "race to the bottom".

But jamboom is turning a blind eye to the fact that he's doing the opposite of what he would have to do to get into the profit zone, he's insisting that if severe cuts in payouts aren't enough then even bigger cuts must be the solution and since the revenue he's getting from advertisers by now isn't even enough to cover the extremely tiny amounts of money his users are still making, he's permanently coming up with further limitations to payouts, such as a limited amount of total withdrawals per month for all users combined.

Wanna bet? As a result of this "upgrade" more users will run away, the average time new users stay on the site will decrease and the revenue for the site will go further down.
It will take jamboom 2-3 months to discover that he can no longer pay $250 per week to the users and then he will come up with the next "invention" of how to further cut payouts that he will again try to sell as an "upgrade".
Post
Topic
Board Micro Earnings
Re: [Unofficial] Coinpot.co - new microwallet
by
Thomasio
on 29/03/2021, 07:12:45 UTC
I'm glad to report here, I received a mail today, saying

Thank you for your email. We have investigated your withdrawal appeal and found that your account was not banned or blocked in any way. So we are currently unsure why the payment was not made - our investigation into this will continue.
You withdrawal has now been processed .....

and I'm even more glad to confirm the money has arrived in my wallet already.
Post
Topic
Board Micro Earnings
Re: [Unofficial] Coinpot.co - new microwallet
by
Thomasio
on 28/03/2021, 14:58:57 UTC
Maybe did they blocked my gmail ?

I guess mailbox is full, GMX provides a very limited size for free users.
Post
Topic
Board Micro Earnings
Re: [Unofficial] Coinpot.co - new microwallet
by
Thomasio
on 22/03/2021, 04:12:19 UTC
Why don't you look up your withdrawal address on a blockchain explorer to see if there are any unconfirmed inputs?

I did and as far as I can see there aren't any, but I'm not really an expert on these things.
So either I'm overlooking something, or they haven't sent it yet despite saying all has been sent, or they are pulling an exit scam.
Post
Topic
Board Micro Earnings
Re: [Unofficial] Coinpot.co - new microwallet
by
Thomasio
on 21/03/2021, 16:31:05 UTC
What makes me most suspicious is how quickly they went from their plan of "paying out over the next weeks as funds become available" to "all claims have been paid".
I certainly wasn't flagged for anything and I had only a small BTC withdrawal < $50 pending, but didn't get it paid.
So yea, if their claim of having paid all is correct and the blockchain has executed them all, then this can only mean an exit scam.
Post
Topic
Board Micro Earnings
Re: [ANN] CRYPTO MINING GAME, Earn Satoshi, Doge and Litoshi by playing to mine
by
Thomasio
on 09/03/2021, 15:07:15 UTC
So the site has now turned to a scam.

This site has from day 1 been a "race to the bottom".
There has never been any attempt to increase payout for the users, while there have been plenty of updates in the features, from the money side it's been one cut after the other.
On start the argument was that this site isn't about the money, but about the fun of playing this game, but then the enormous overload of ads an popups kill the fun of playing.

CMG has always been one of the lowest paying crypto sites in existence, any 5 minute faucet pays better than CMG does, in fact unless you have dead cheap electricity and an extremely cheap internet connection, your cost of electricity plus the price of your connection relative to the time you're using it for CMG exceeds the pay you get from CMG, meaning you funnel money from CMG to your electricity and internet provider, but you yourself get less than nothing, you're paying for it.

That said, up to this latest update user at least had the expectation to get paid, meaning playing CMG was cheaper than playing any free online game, but that's gone now.
The backlog of users who don't get paid will grow ever bigger now, making ever more users run away or as I said above it limits the amount of users the site will have at an amount that results on first view in a halfway acceptable payout time.
On second view this shrinking amount of users will mean a shrinking revenue for the site, which leads to further cuts in payout, which leads to more users running away, until the bottom is reached where depending on your point of view either the site has no more users because it has no revenue and therefore cannot pay or doesn't pay because it has no revenue due to a lack of users.
Post
Topic
Board Micro Earnings
Re: [ANN] CRYPTO MINING GAME, Earn Satoshi, Doge and Litoshi by playing to mine
by
Thomasio
on 09/03/2021, 04:32:55 UTC
So to withdraw my ltc or litz shit, i have to wait another whole month to get randomly selected! What a white fraud!

With 7 different currencies on the site, one per week will mean not a month but 7 weeks per attempt, unless you can manage to use the market to exchange your coins frequently and/or the site will have weeks in between where they allow for more than one coin to be withdrawn.
Post
Topic
Board Micro Earnings
Re: [Unofficial] Coinpot.co - new microwallet
by
Thomasio
on 05/03/2021, 03:54:54 UTC
I take that as good news and it perfectly in line with my earlier question of what their future business partners would think if they were pulling an exit scam here.
Looks like they did consider that as such a big problem that they even reactivated their own thread in this forum to assure everyone they will still get paid.
Post
Topic
Board Micro Earnings
Re: [Unofficial] Coinpot.co - new microwallet
by
Thomasio
on 03/03/2021, 13:34:06 UTC
they actually made some fairly big batches of payments on 1st march (UTC  time)  for each coin - so i would assume these include all the final withdrawals
so yes, you are right - anyone still not received a requested withdrawal has probably had their account flagged, and shouldnt expect to receive it
just my opinion of course - no absolute "proof" either way  Wink

I certainly didn't have my account flagged.
I had 3 withdrawals in progress, BTC, LTC and Doge, LTC requested on Jan 29 I got paid some 10 days later, the other two requested on Feb 1 never came through.
Not really a big deal, after all I've been a member for about 3 years, they paid me several dozen times and the two final payments amounted only to about $30, still not nice of them.

Wonder what their future business partners will think about this.
I mean they said they closed only the faucets but did want to stay in business with their fraud protection software or something like that.
If I needed a fraud protection software I certainly wouldn't get it from a business that pulled an exit scam on their previous activities.
Post
Topic
Board Micro Earnings
Re: [ANN] CRYPTO MINING GAME, Earn Satoshi, Doge and Litoshi by playing to mine
by
Thomasio
on 02/03/2021, 22:01:40 UTC
Apparently I got an error in it, took me 3 more times checking to figure out where I went wrong.
I've edited the above post an erased the nonsense.
Thanks for your correction.
Post
Topic
Board Micro Earnings
Re: [ANN] CRYPTO MINING GAME, Earn Satoshi, Doge and Litoshi by playing to mine
by
Thomasio
on 02/03/2021, 16:49:37 UTC
Let me see if I got this update right.

With the bonus from cards I have I used to mine 1.2 sat per hour.
Now that has been replaced with Bitz which are pegged to US$ meaning 1.2 sat (where BTC is currently at about $50K) would be roughly 60 Bitz, but I'm now mining only 8 Bitz per hour.
Or in other words, even though @jamboon stated that the mining rate after the update should be about the same it was before, this update has cut mining payout by 84%.
Post
Topic
Board Micro Earnings
Re: [Unofficial] Coinpot.co - new microwallet
by
Thomasio
on 01/03/2021, 03:39:49 UTC
I don't know what this means but they have taken Coinpot offline. There are still a lot of people who initiated withdrawals many weeks ago waiting to be paid.
I thought they would continue making payments in the next few days but now it is looking uncertain.

It was announced they would shut it down by march 1 which is today, but yea, I as well expected final payments to arrive by now, even though I had only a bit of pocket change left to get from there.