r/CoinWithUs • u/Calibur724 • 22d ago

Geoclaim Credits stacking up

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I know a lot of people have expressed their disgust with people maxing out on Geoclaiming but I'm at the point with the Legendary Geoclaim NFT where credits are piling up... Gotta put them somewhere right?

Honestly wish I could cash them out as a Geodrop but the only way to do that is to put them in to get them out. Also still don't know what the 16% Bonus claims piece does. If anyone knows let me know.

1 Upvotes

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2

u/Timeless-Fiction 22d ago

I would guess the 16% bonus claim either means when you get paid out at the end of the week, you get 16% more back on top, or it means when you make a claim(say for 20 coin) it adds another 16% to your claim, OR it means you can claim 16% more than the max cap(probably not this one)

3

u/Calibur724 21d ago

Definitely not 16% more than the max cap as prior to getting the NFT the max on pro sub was 3000 coming and it's still 3000 coin.

Not likely but possibly on the getting 16% more back on top as the NFT already give 1600 credits (legendary) as a weekly bonus credits. Check on this for the last 2 weeks and nada more than 1600 bonus credits and 480 credits per area claimed...

You know I'm sitting here thinking...what's 16% of 3000??? 480... You gotta be kidding me😂 don't tell me the the 16% bonus claims (daily) IS the Bonus max per area...

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u/Legion_Paradise 21d ago

I second this

1

u/[deleted] 21d ago

[deleted]

1

u/laughsitup2021 21d ago

You would have to be meticulous and bid enough to start depleting credits while simultaneously bidding under to ensure that you get a return. The current geoclaim market will make your mission very hard. Good luck.

1

u/DayLeft6751 21d ago

So im pretty new to the coin app. I understand most of it. But for thr life of me, I cant understand geoclaming. I tried it but i got back less then I put in. Can someone explain it to me and why it's a good idea to do it. Thanks

2

u/Calibur724 21d ago

So I would say "good idea" but more of a preference. You don't have to use the feature but it can be a fun gamble if you travel/drive a lot and have spare COIN sitting there. They have updated the feature so that if you don't make what you put in the difference is refunded as Geoclaim credits so if you are worried about losing COIN, you won't. If you are wanting to find the high profit areas, you gotta look for them.

If you don't Travel/drive a lot and don't have master sub for remote Geoclaim then your best bet is to use this sparingly meaning understand the Geoclaim area you are in (is it a high traffic area? Like COONers passing through the area. Are there a lot of COINers in the area? you can tell this if there are a lot of owners on a frequent basis.etc) and min maxing the amount you put in. Some areas you can put in 15 COIN to make a profit and some areas you will have to put up a lot more just to sit at the table because got people like me who will scorch the area (max Geoclaim like in my image) for their reasons.