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Re: freebitco.in an actual scam
by
grahamlyons
on 07/07/2021, 05:54:04 UTC
I'm done arguing with this guy, it's a waste of time, i've already stated my points. Experience told me it's so hard to win in a dice game and in theory they do know your client seed if you don't change it every bet. If people want to play on this site, it's none of my business, just want to give those guys piece of advice and do think how many people are actually winning.

Where can we see the server seed hash before rolling high or low?  I’ve looked all over and can’t find it.  All I can find is the aftermath once a bet has been placed.  If this is true that you provide the server seed hash before the rolls then that’s all I need to see and would agree you’re fair.

just click on the words PROVABLY FAIR and you can see the next server seed hash and you can change the client seed if you want to

guys, you are losing (in the long run) because this site has a fairly big house edge of 5%. you are pretty much certain to lose over a large number of rolls
so they have no reason to try to cheat the provably fair/seeds side of things. they are honest and have a good reputation for a reason
its gambling  Roll Eyes

This isn't the server seed hash we're talking about.  The server seed hash for the free rolls is different from the server seed for the hi/lo game.  And the very issue we're discussing is the fact that the server seed changes with each roll of the hi/lo game.



This isn't about winning or losing.  I'm fine with losing if the game is fair, but the fact that the server seed changes with each roll is problematic as I explained in my post.

Good reputation or not, most people aren't technical adept enough to understand the underlying workings of the game mechanics.  The switching of the server seed on each roll without providing a server seed hash prior to each roll (of hi/lo) is suspect and problematic.

the server seed hash can be seen for both "free rolls" and "multiplier" by clicking on the words PROVABLY FAIR on each screen. i dont see the problem here  Huh

also, of course the server seed hash has to change every time (and therefore the server seed hash also changes). if it remained static then the user would already know the server seed (from the previous rolls) and would be able to calculate a client seed to use to cheat the system
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Re: freebitco.in an actual scam
by
grahamlyons
on 05/07/2021, 02:01:27 UTC
I'm done arguing with this guy, it's a waste of time, i've already stated my points. Experience told me it's so hard to win in a dice game and in theory they do know your client seed if you don't change it every bet. If people want to play on this site, it's none of my business, just want to give those guys piece of advice and do think how many people are actually winning.

Where can we see the server seed hash before rolling high or low?  I’ve looked all over and can’t find it.  All I can find is the aftermath once a bet has been placed.  If this is true that you provide the server seed hash before the rolls then that’s all I need to see and would agree you’re fair.

just click on the words PROVABLY FAIR and you can see the next server seed hash and you can change the client seed if you want to
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 08/04/2021, 05:47:59 UTC
As an update, Coinpot relented and returned the money. They still thought I was a scammer, but conceded the possibility that it was a mistake. I suppose I have to admit I was wrong about them looking for any excuse to not return the money.

That said, my advice to anyone else stuck in my situation is not to rely on emotional appeals. Be polite, but point out the possibility that they made a mistake, and ask if there is any way they can review other details of your account, or what they would accept as proof of your innocence.

wow, thats good news. im glad you got it eventually  Smiley

i wonder if they will pay the other 3200 accounts out now too!
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 07/04/2021, 05:20:05 UTC
😂 Protonmail accounts get created all the time sure but how many happen to claim coinpot too?

Is that your argument? That there are 0 people who use Protonmail and are not scammers? My point was scammers are creating Coinpot accounts all the time because they don't care if some get banned. They can make 100 more. We don't even know if they only do this to Protonmail accounts.

You are only looking at part of what they said. They said there were a huge number of Protonmail accounts all signed up on the same day from the same IP range. It doesn't matter if was a different email service. They are just stating 3 common factors of a large number of accounts that far beyond coincidence and it is obvious abuse.

He said one sentence, and I quoted all of it. It is obvious that someone is abusing the system. My point is that IP addresses can be shared by a massive number of people, as can email provider. So you make an account, and at the same time someone else is creating a bunch of fake accounts (and there's probably never a time when someone isn't making a bunch of fake accounts). And bam, now your account is yet another one created by the scammer, and you have no way to prove otherwise.

Regardless of whether you think that I personally am lying, this type of fraud detection is fairly likely to create false positives at some point or another. When that happens, you're automatically a scammer and any attempt to defend yourself is proof of your guilt (this is known as a kafka trap).

i think you are massively missing the point here
its not that you use protonmail - of course this is a fairly common email provider
its not that you use a particular ip address - of course they can be shared, especially ip ranges
and its not about the date that you make an account
its the very unlikely combination of all 3.
its very, very unlikely that you would have by coincidence created a protonmail account on the same day that a bot created loads of other protonmail accounts from within the same ip range
i mean, its possible - but massively unlikely - even though the 3 individual parts (date/ip/email) are each plausible

and we dont know from what that email says, perhaps they have additional information too

I'm aware of the point. My point is that their point is wrong. People are bad at statistics. They'll play a game like XCOM where they have a 5% chance of failure when taking an action, then get mad when the 5% happens because they mentally shortcut 95% to 100%.
Here's a follow-up email:

Coinpot says they typically get 3-4 Protonmail accounts a day. On the day my account got created, 3200 got created. So ~3-4 of those accounts are probably legit. A single IP address can represent anywhere from 1 to millions of people. He was looking at an IP range, not a single one, so multiply that by however many individual addresses.

The odds can therefore be stated as, "For each of those 3-4 legit accounts, choose let's say 10 million random people. What are the odds that there is at least 1 Coinpot scammer within those 10 million?" Not that bad, actually. That's 10 million rolls of the dice! It's at least not outside the range of possibility.

Let's also not forget that scammers are not an isolated incident. This whole thing may have played out in similar fashion at other times, with the same or other email providers.

People have this inbuilt trust in authority. Coinpot didn't take *their* money, so Coinpot must be competent and trustworthy and anyone who says otherwise must be a liar. I know that I didn't create 3200 accounts, so I necessarily have to start with the conclusion that Coinpot is either mistaken or lying. I assume mistakes before malevolence, so the simplest solution is that the unlikely HAS happened.


you are still missing the point
this isnt a computer game with a simple 5% probability
it is the combination of at least 3 different factors (date/ip/email) that makes this extremely improbable
im not for 1 minute saying you a cheater/fraud (i dont know any more than you do)  or accusing you of anything sinister
but even with your wonky math above the chances are at least 1 in a 1000 or more like 1 in a million that this could happen
so they should check each of those 3200 accounts manually to see if each is possibly (1 in a million chance) a genuine account?

A. Date can be removed from the equation. Every day, someone is signing up for a Coinpot account, and probably every day someone is trying to scam Coinpot. The odds of *someone* signing up on the same day with the same email provider as a scammer is basically 100%.

B They don't have to check 3200 accounts. They literally have an email address for support. They only have to check the accounts of the people that email them. I have, and the response is, "Well the timing is suspicious, and suspicious is good enough for us." It's literally impossible to prove I didn't do it, so I'm reliant on them unless I want to sue them. And even if I wanted to sue them, I lost about $450, which would likely cost me that much to recover even if it were a sure bet.

C. Since then, I've seen another person on reddit claiming to have gotten the exact same line about someone in their IP range making accounts with Protonmail emails on the same day. I admit I'm biased to believe them due to my situation. Given that and other people with Protonmail accounts claiming to be banned, I suspect either their IP range is wide or they're overplaying their hand on how precise their anti-fraud is. At worst, people should remember that while scammers have an incentive to claim innocence, Coinpot also has an incentive to claim guilt since they keep the money. And it's not like they have to preserve their business reputation.

A. the date is crucial. if your account registered on a different date as these 3200 other protonmail accounts then it (probably) wouldnt have been suspicious and banned. i cannot understand why you think its 100%. you are still missing the point about it being a combination of 3 low probability factors = an extremely low probability that this is coincidental.
again im not accusing you, im just able to see it from their pov

B. they have to check all 3200 to find the needle in the haystack if everything else about them all (date/ip/email etc) looks the same

C. yes agreed, i can imagine that certain email providers are easier to target by bots/scammers. so they probably looked closer at protonmail than gmail etc.
of course coinpot will claim guilt when they have strong evidence of it. if they had just paid out to every account good or bad, they would have gone out of business very quickly.
yes, i agree they no longer have to care about sustaining their business with advert revenue but ive seen enough here and other places to see that they seem committed to paying out to everyone who is genuine. and if they wanted to run off with peoples money (i.e. exit scam) then its easy to think of ways they could have just run off without paying anyone. its a lot to you, but this $450 is miniscule compared to the money they have paid out
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 07/04/2021, 00:39:52 UTC
😂 Protonmail accounts get created all the time sure but how many happen to claim coinpot too?

Is that your argument? That there are 0 people who use Protonmail and are not scammers? My point was scammers are creating Coinpot accounts all the time because they don't care if some get banned. They can make 100 more. We don't even know if they only do this to Protonmail accounts.

You are only looking at part of what they said. They said there were a huge number of Protonmail accounts all signed up on the same day from the same IP range. It doesn't matter if was a different email service. They are just stating 3 common factors of a large number of accounts that far beyond coincidence and it is obvious abuse.

He said one sentence, and I quoted all of it. It is obvious that someone is abusing the system. My point is that IP addresses can be shared by a massive number of people, as can email provider. So you make an account, and at the same time someone else is creating a bunch of fake accounts (and there's probably never a time when someone isn't making a bunch of fake accounts). And bam, now your account is yet another one created by the scammer, and you have no way to prove otherwise.

Regardless of whether you think that I personally am lying, this type of fraud detection is fairly likely to create false positives at some point or another. When that happens, you're automatically a scammer and any attempt to defend yourself is proof of your guilt (this is known as a kafka trap).

i think you are massively missing the point here
its not that you use protonmail - of course this is a fairly common email provider
its not that you use a particular ip address - of course they can be shared, especially ip ranges
and its not about the date that you make an account
its the very unlikely combination of all 3.
its very, very unlikely that you would have by coincidence created a protonmail account on the same day that a bot created loads of other protonmail accounts from within the same ip range
i mean, its possible - but massively unlikely - even though the 3 individual parts (date/ip/email) are each plausible

and we dont know from what that email says, perhaps they have additional information too

I'm aware of the point. My point is that their point is wrong. People are bad at statistics. They'll play a game like XCOM where they have a 5% chance of failure when taking an action, then get mad when the 5% happens because they mentally shortcut 95% to 100%.
Here's a follow-up email:

Coinpot says they typically get 3-4 Protonmail accounts a day. On the day my account got created, 3200 got created. So ~3-4 of those accounts are probably legit. A single IP address can represent anywhere from 1 to millions of people. He was looking at an IP range, not a single one, so multiply that by however many individual addresses.

The odds can therefore be stated as, "For each of those 3-4 legit accounts, choose let's say 10 million random people. What are the odds that there is at least 1 Coinpot scammer within those 10 million?" Not that bad, actually. That's 10 million rolls of the dice! It's at least not outside the range of possibility.

Let's also not forget that scammers are not an isolated incident. This whole thing may have played out in similar fashion at other times, with the same or other email providers.

People have this inbuilt trust in authority. Coinpot didn't take *their* money, so Coinpot must be competent and trustworthy and anyone who says otherwise must be a liar. I know that I didn't create 3200 accounts, so I necessarily have to start with the conclusion that Coinpot is either mistaken or lying. I assume mistakes before malevolence, so the simplest solution is that the unlikely HAS happened.


you are still missing the point
this isnt a computer game with a simple 5% probability
it is the combination of at least 3 different factors (date/ip/email) that makes this extremely improbable
im not for 1 minute saying you a cheater/fraud (i dont know any more than you do)  or accusing you of anything sinister
but even with your wonky math above the chances are at least 1 in a 1000 or more like 1 in a million that this could happen
so they should check each of those 3200 accounts manually to see if each is possibly (1 in a million chance) a genuine account?
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Merits 1 from 1 user
Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 06/04/2021, 06:20:49 UTC
⭐ Merited by TheQuin (1)
😂 Protonmail accounts get created all the time sure but how many happen to claim coinpot too?

Is that your argument? That there are 0 people who use Protonmail and are not scammers? My point was scammers are creating Coinpot accounts all the time because they don't care if some get banned. They can make 100 more. We don't even know if they only do this to Protonmail accounts.

You are only looking at part of what they said. They said there were a huge number of Protonmail accounts all signed up on the same day from the same IP range. It doesn't matter if was a different email service. They are just stating 3 common factors of a large number of accounts that far beyond coincidence and it is obvious abuse.

He said one sentence, and I quoted all of it. It is obvious that someone is abusing the system. My point is that IP addresses can be shared by a massive number of people, as can email provider. So you make an account, and at the same time someone else is creating a bunch of fake accounts (and there's probably never a time when someone isn't making a bunch of fake accounts). And bam, now your account is yet another one created by the scammer, and you have no way to prove otherwise.

Regardless of whether you think that I personally am lying, this type of fraud detection is fairly likely to create false positives at some point or another. When that happens, you're automatically a scammer and any attempt to defend yourself is proof of your guilt (this is known as a kafka trap).

i think you are massively missing the point here
its not that you use protonmail - of course this is a fairly common email provider
its not that you use a particular ip address - of course they can be shared, especially ip ranges
and its not about the date that you make an account
its the very unlikely combination of all 3.
its very, very unlikely that you would have by coincidence created a protonmail account on the same day that a bot created loads of other protonmail accounts from within the same ip range
i mean, its possible - but massively unlikely - even though the 3 individual parts (date/ip/email) are each plausible

and we dont know from what that email says, perhaps they have additional information too
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Re: FreeBitco.in-$200 FreeBTC🏎Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
grahamlyons
on 30/03/2021, 04:22:43 UTC
lol. Don't believe all the long-standing members of the forum vouching for freebitco.in but instead listen to the troll with 10 posts all making allegations against them who has never produced one single bit of evidence to back up their claims.
I hope you will help him return FUN tokens and btc

come on, he has to make some effort to prove his deposit!
freebitco.in is long standing, and as honest as they come, but still this thread is full of people trying to cheat them  Roll Eyes
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 08/03/2021, 05:14:19 UTC
still not receiving anything ...

well they made some more big payouts today
might be worth checking again...otherwise it will probably come in one of their future batches
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 03/03/2021, 06:57:27 UTC
All of the domains associated with Coinpot are now completely offline, there isn't even a message saying they are under maintenance. They did make one final payment on the last day of February but it was all for very small amounts. The biggest payment was for less than 40k sats.

This is probably the end of the line. Anybody who still had a pending payment shouldn't hold their breath.

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
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 28/02/2021, 13:07:00 UTC

And another thing: Did you notice that the advice says "Which web sites does this affect? CoinPot coinpot.com" (.com, not .co). This is weird...

I hope all people affected recover their money but this sound very sad to crypto community.

really?? how can this be "weird" or "very sad to crypto community"?
surely this is just a silly mistake, probably auto-corrected or something
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 28/02/2021, 12:50:08 UTC
So you are saying that it's only a pure coincidence if all withdraws months before, follow the same sequence of 10.000 sat + n  [n= 0 to 1000] ?

No. He's saying that 10,000 is the minimum withdrawal and they process them in sequence with the smallest first. Therefor what to you looks "fake"  looks completely logical and normal to anyone that actually thought about it for a few seconds.

this sounds logical to me. i cant really see why this is suspicious
i dont have the tools or know-how, but im sure there is someone out there who can run some sort of blockchain analysis on the payment transactions. to see if there is any evidence they are fake


Ok, your logic is :

- SomeoneA did a withdraw of 10.000 sat to btc-address00
- SomeoneB did a withdraw of 10.001 sat to btc-address01
- SomeoneC did a withdraw of 10.002 sat to btc-address02
- SomeoneX did a withdraw of 10.003 sat to btc-address03
- SomeoneY did a withdraw of 10.004 sat to btc-address04
- ... etc +1 sat
- I did a withdraw of 15697 sat (non sequential) to my-btc-address

all in the same transaction day and same sequence repeats every payment day (sunday, tuesday, thursday) except that I've always different amount about my withdraw.

Are you sure that there is no manipulation ? which is twisted enough to make such precise and repetitive transfers one by one by hand, apart from using a script bot ?


noooo  Roll Eyes

the withdrawal requests are not made in this sequential order!
they are just sorted that way at the time when the transaction is processed by coinpot
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 28/02/2021, 12:00:51 UTC
So you are saying that it's only a pure coincidence if all withdraws months before, follow the same sequence of 10.000 sat + n  [n= 0 to 1000] ?

No. He's saying that 10,000 is the minimum withdrawal and they process them in sequence with the smallest first. Therefor what to you looks "fake"  looks completely logical and normal to anyone that actually thought about it for a few seconds.

this sounds logical to me. i cant really see why this is suspicious
i dont have the tools or know-how, but im sure there is someone out there who can run some sort of blockchain analysis on the payment transactions. to see if there is any evidence they are fake
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 26/02/2021, 02:52:02 UTC
Last blockchain transactions:

- BTC: 15-feb
- BCH: 11-feb
- DOGE: 14-feb
- LTC: 11-feb
- DASH: 11-feb

With current price down everyone is hoping their last payment... but coinpot.co will never sent...

never?

last blockchain transactions...

- BTC: 26-feb      (over 0.47 btc paid out today = $22k USD)
- BCH: 26-feb      (over 17 bch paid out today = $8.5k USD)
- DOGE: 26-feb    (over 230,000 doge paid out = $11k USD)
- LTC: 26-feb       (over 60 ltc paid out today = $11k USD)
- DASH: 26-feb    (over 41 dash paid out today = $8.5k USD)

total over $61k USD paid out today alone!!
$61,000 US dollars!
61 THOUSAND UNITED STATES DOLLARS!

never  Wink

my next task is to add up how much they have paid out since they announced they were closing. i really wouldn't be surprised if its close to half a million dollars!
very expensive exit scam  Roll Eyes
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 06/02/2021, 00:29:33 UTC
i think at this point any btc withdrawals are gone and won't go through, it's been over 2 weeks and i haven't gotten a single bit of it.

they are literally processing thousands of dollars of btc withdrawals each day - 0.68673224 btc paid today ($25k+) https://coinpot.co/payouts/bitcoincore
you are just in the backlog unfortunately, but im sure you will receive it eventually, like everyone else
at this point i've given up on getting it, it's been on "backlog" for over 2 weeks. absolutely ridiculous in my opinion because before the site shutdown i was able to withdraw amounts higher than that and get it within 2 days.

thats because previously there werent 100 x as many users all trying to withdraw at the same time - this is what has caused the backlog
they said they are continuing to process withdrawals and clear the backlog up to the end of february - and there is plenty of evidence (https://coinpot.co/payouts/bitcoincore) that they are keeping to this promise

but i'll take your withdrawal if you have given up on it  Grin
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 05/02/2021, 12:47:52 UTC
i think at this point any btc withdrawals are gone and won't go through, it's been over 2 weeks and i haven't gotten a single bit of it.

they are literally processing thousands of dollars of btc withdrawals each day - 0.68673224 btc paid today ($25k+) https://coinpot.co/payouts/bitcoincore
you are just in the backlog unfortunately, but im sure you will receive it eventually, like everyone else
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 03/02/2021, 04:48:30 UTC
Got my last payment a few hours ago. I dont think they would exit scam ppl here.
Looks more like that they collect some withdrawal requests and processing them once or twice a week.

Pro tip: I would not wait too long with the request, if I still have credit on coinpot.

Some people are getting their money. I lost everything when they suddenly claimed I was violating TOS at the last minute, and I'm far from the only one. From what I've heard though, they only ban transactions and not accounts. I have heard but cannot verify that it is safer to do multiple small withdrawals than a single large withdrawals, because then some might go through.
I've been using coinpot for quite time, I registered in 2017 and used it from time to time. When I saw the message, they will close, I tried to withdraw my coins. But to my surprise, all of my withdrawals were cancelled, as it states, I had viloated terms. I am no aware of any violation at all, so for me, after 3,5 years it is clear scam. Tried to get in touch with support, but no go, returned message, mailbox is full.
Shame it ended up like this, sayonara coinpot.

Yep as soon as I tried to withdraw my converted doge to BCH, they cancelled my transaction and said I had violated the TOS, how? Tried to contact them, mailbox full.... great! Then went back to my account to see if the cancelled withdrawal was refunded...NOPE, they had just taken all my earnings and emptied my account.

so based on these, coinpot is running an exit scam now?

if so then its the weirdest exit scam i ever saw!
they paid all my final withdrawals in the last few days. and you can tell from the payout links on this page that they are paying thousands of USD worth of crypto almost every day...

https://coinpot.co/news
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 02/02/2021, 00:39:41 UTC
I made my withdrawal today at 02:00 UTC and within 12 hours received my doge, ltc and dash. now only btc is pending hoping it will also come soon

same for me. i received litecoin and dash withdrawals quickly - just the btc withdrawal is still pending
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 01/02/2021, 05:41:02 UTC
the faucets are closed  Cry
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 31/01/2021, 22:03:03 UTC
At this moment (31st January) faucets are still up and working but multiplier rolls are not counting for the last day challenges!

Well, seeing the latest behaviors from site since 2020, definitely the end of coinpot.co will be a very very good think for crypto world...

Well I received my final payment, it took a week but it got there. CoinPot is not running an exit scam. I personally think it's a very sad day for the crypto world.

i receieved my most recent withdrawal within 72 hours. and i will withdraw the remaining balances once the faucets close soon
and several other people in this thread have also confirmed receiving withdrawals (some delayed)
so there is very little evidence (and zero proof) that coinpot is trying any kind of exit scam. if they wanted to do that they could have just turned everything off one day and said "sorry, we were hacked!"
in fact they are doing the opposite of an exit scam - you can see regular large payments on their payout pages for each of the coins

lets see what happens after the faucets close later today. but i agree with what Adam556 is saying above
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Re: [Unofficial] Coinpot.co - new microwallet
by
grahamlyons
on 26/01/2021, 00:25:46 UTC
i also got my latest withdrawal through within 72 hours of requesting  Grin
im guessing that the transaction backlog on the bitcoin blockchain was part of the problem too
i plan to make one final withdrawal of the remaining balance after the faucets close on 1/31
i expect there will be lots of other people doing the same so there may be some more delays then too!