Q: How does the btclayers game work?
A: Players join for free, they deposit BTC and fill layers with it.
Q: How quickly will my BTC deposit be added to my account balance?
A: We add your deposit instantly on 0 confirmations, so this means you can start playing instantly! However we will wait for any deposits you make to have 6 confimations before processing your withdrawals.
Q: What is a layer?
A: A layer is a part of the core function of the game. Each layer has a value in BTC and each player has the chance to deposit BTC and fill some or all of the current layer with it.
Q: Why does a layer have a BTC value?
A: Whatever the current layer is, equals the potential value of that layer.
(Layer X = potential value of X BTC)
Once players have added enough BTC so that the total value equals the potential value, the layer is complete. The BTC from that layer is then distributed as rewards to players.
A new layer is then started and the potential value of this new layer is the value of the previous layer + 0.01.
Q: How are the rewards from a completed layer distributed?
A: We use a mathematical formula to ensure a fair distribution to all players. A players reward is calculated as such...
(layers value / sum total of layers ) X (player's level) = reward
This is further explained below....
Q: How is the 'layers value' decided?
A: In our equation the 'layers value' is same as the number of the current layer
layer 0.01 = 0.01 BTC
layer 0.02 = 0.02 BTC
layer 0.03 = 0.03 BTC etc....
Q: What is the 'sum total of layers'?
A: In our equation the 'sum total of layers' is the values of each layer added together
layer 0.01 | sum total 0.01 (0.01)
layer 0.02 | sum total 0.03 (0.01 + 0.02)
layer 0.03 | sum total 0.06 (0.01 + 0.02 + 0.03) etc....
Q: How is a 'player's level' decided?
A: In our equation the 'players level' is the total amount of BTC they have added to all layers, plus the total amount of any BTC they have reinvested into all layers.
Q: How does 'reinvestment' effect the game?
A: On each players dashboard they are shown how much their next layer reward will be. Each player has the choice of how much they would like to reinvest/withdraw from that reward. Three main strategies exist.
ORIGINAL LONG TERM STRATEGY
WITHDRAW 50% & REINVEST 50%
If you use this strategy then
YOUR REWARD WILL BE THE SAME
each time a layer is completed.
FASTEST PROFIT SHORT TERM STRATEGY
If you use this strategy then you will
REACH PROFIT IN THE QUICKEST TIME
but each successive reward will be smaller than the last.
BIGGEST PROFIT LONG TERM STRATEGY
If you use this strategy then each reward from a layer will grow in size.
Using this strategy you will
END UP WITH A HUGE REWARD
after multiple reinvestments.
USE OUR CALCULATOR TO WORK OUT THE BEST STRATEGY FOR YOU.
Q: I have added BTC to a layer - Can I add more or can I only reinvest?
A: You are free to add as much BTC as you wish to any layer, as many times as you like - as long as the amount is under or equal to the remaining value of the layer left to fill.
Q: How do I withdraw my reward?
A: Simply enter the amount you wish to withdraw on the main game page. All withdrawals are processed manually by the admin. This is for security and also because the BTC is not stored on this server. All rewards will be sent to the BTC address you entered upon registering.
Q: How do I keep track of layer results?
A: All results that effect you will be shown on the 'layer results' page. You will need to be logged in to see it as it only shows layer results that effect you.
Q: Can I compare my results to any of the other players on this site?
A: Yes. Any one who plays can get on our leader board which is visible to the public with out having to log in. Here you can see the leaders for 'Player Level' - 'Total Withdraw' - 'Total Deposit' and 'Total Profit'.
Q: I have deposited BTC and it is showing in my account balance but I am not showing on the 'Deposit' leader board?
A: Only BTC that is added to a layer is counted for the 'Deposits' leader board.
Q: Are there any caveats?
A: Yes there are aspects of this game you should be aware of before playing.
Minimum deposit/minimum reinvestment/minimum amount to add to a layer is 0.00000001BTC.
Yes the minimum for any action here is just 1 satoshi!
If you add BTC to a layer the reward from it will be marked for reinvestment.
If you set an amount to be withdrawn and then add more BTC to a layer you will need to reset your withdraw amount again.
If you are the one to complete a layer, any reward from it will automatically be reinvested into the next layer.
Your username cant be changed
Username cant be changed and will be visible to the public if you make it onto our leader board.
Transaction fees are deducted from your withdrawal amount.
If your withdrawal amount is less than the fee to send it then it will not be sent.
Profit is not guarenteed.
It is important to remember that this is a game and you might not win - do not deposit more than you can afford to lose. There are no refunds.
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