My experiences with TrueFlip after a few weeks:
 

First the good part:

I deposited Bitcoin some weeks ago and played lottery with it several times at TrueFlip.io.

The system to play lottery works fine and easy to handling. Through the TrueFlip videos at Youtube I learned how to calculate the lottery numbers based on the block after the draw on blockchain. It is very transparent, even for me as a non-tech-freak.

I am very satisfied: the system works stably. I have played several draws, and even once won a small amount, even the payoff works perfectly.

Small note: It would be good if Deposit and Withdrawal were done faster for the future (automatically instead of manually by the team).


Now my worries:

Convinced by the system, I read the whitepaper and the token-sale papers at the beginning of the ICO. So I bought several TFL Tokens and am now proud token holder.

The reason for the token purchase is in my case less speculative (I am not altcoin- or token-trader), but more because I want to benefit from the distributions for tokenholders. As I understand the whitepaper, 10-15% of the lottery will go to the tokenholder. I se that like a dividend on stocks.

But meanwhile, many new information is circulating and I am something confused... I'm reading about a lottery for tokenholders (why not? I am happy to receive a lottery as a free gift). However, this does not replace the promise of the 10-15% to the tokenholders, and I am really expecting and want to receive tokens or coins for the 10-15%, and not just lottery tickets. I mean; please do not exchange the dividends with lotteries!

I also read that the 10-15% dividends are paid out every few months.

I would like to have more transparency and some explanations on this topic, if one of the team members can find the time to explain this in a few words for us, the next days here in this forum?

Best regards
M

@zerty: For the wall, take a look at any exchange where you see the "order book".

I try to explain...

On the coin exchange, the bidders place their purchase offers, e.g. 500 Satoshi to buy 1000 Coins (represents 0.00500000 BTC)
On the other site the sellers place their offers, e.g. 600 Satoshi to sell 1000 Coins (represents 0.00600000 BTC)

To simplify: The price can now increase as a buyer approaches and increases his bid, or the price can drop if one of the seller increases the price for its purchase offer.

In the order book you can see if more people want to sell, or if more people want to buy.

The wall: If now one comes, and places on the market a really large sale offer of e.g. coins worth 50 Bitcoin (millions of SAFEX), and he places that offer for let's say 601 Satoshi, then this is on the exchange what we call a "wall".  

A wall is often very difficult to break through. On this example people would have to come and buy SAFEX for more more than 50 Bitcoin so the price could rise higher than the 601 Satoshi.

Walls are down, and up. They are easy to recognize. You can find more information in the trader manuals.

Coinmarketcap dot com  says that about 97% trading activity is @Bittrex and only about 3% @Cryptopia at the moment.

On Bittrex the trading volume has risen rapidly. I will also try to get some coins to save them in the new wallet. As it's coming soon.

Some wall-people sleeping right now, who knows.

The arbitrage traders will fix that price-difference very fast. One can buy @502 Satoshi, then transfer them to the other exchange and dump in the wall for @642 Satoshi.

These days we see several same cases. When Bitcoin Cash was introduced there where 100 - 200 USD price difference from one exchange to the other. As soon the deposit/withdrawal where possible the arbitrage guys fixed the price in only some hours, and since all prices are about the same over the exchanges...

jus saying it.
 

Good morning

I want to enter in the Slack group from the TrueFlip ICO - please help me.

After reading the last 15 pages in this thread here, I assume it is just me...

- I was at https://trueflip.io/slack  have entererd my e-mail address¨
- Then solve the Captcha
- Then pressed "JOIN"
- Received message:  "token_revoked" several time

I've been trying that for three days now.

I've also deleted browser history and cookies, and I've also used an alternative browser for another try.

The e-mail address is the same address with which I have an TrueFlip account, and with which I bought a few ICO tokens.

Who can help me get into the Slack group now?

EDIT: I have checked my e-mail, also checked the spam folder, never received an e-mail.

What did I wrong?  

Greetings M

 
Update: Since 5 minutes it works now for me, and I could do my payment.

Hi, I am glad that someone is there and responds to the block counts.

So I throw my question again on (still same problem):

here it is:  https://www.facebook.com/P2PBTCJam

Thanks adaryian for info, this is new for me. I will read kindly. It seems to be an old story, as I confirmed, my Bitcoin are ok at my last login.

RealMatesta, any other news or source?

SwissMike

Hey RealMalatesta

What do you say "but all their Bitcoins have been withdrawn" ?  Are you in contact with the support or with other users?

About 50 minutes ago I was in my account, the Bitcoin from my ballance were present. No missing Bitcoin at my account. I use 2-Phase autorisation for everything.

RealMalatesta please write in detail what you know, rather than just spread fear... 

SwissMike

Hey adaryian

your message  Difficulties logging in BTCjam.com:

I'm having the same difficulties since 2 hours and 40 minutes.

- Try to login:  failed password (i check everything, also capslook, other browser etc.)
- Try to „forgot password“:  failed because until now no e-mail received.
- Try to login by faceb..k-login:  yeah, it works. So I am in the account, BTC’s here, ok
- My 2-Phase verification is still active for every possibility, so I can easy wait without support contact.

… Since 20 minutes:  BTCjam.com completely down form me  


My name @ BTCjam:  SwissMike

I want to link my Bitcointalk name with BTCJam's. Verification code: 36144ec1-c78d-42ac-bb04-349fdcdaf598

I want to link my Bitcointalk name with BTCJam's. Verification code: 36144ec1-c78d-42ac-bb04-349fdcdaf598