Bitwalking

#1

Post by twapi » Sun, Nov 22, 2015, 10:26 PM UTC

Bitwalking
bitwalking.com

Re: Bitwalking

#2

Post by comboy » Sun, Nov 22, 2015, 11:49 PM UTC

Until proven otherwise, I'd say it's a scam. No explanation whatsoever, and running miner on a smartphone is a bad idea.

Re: Bitwalking

#3

Post by cynix » Sun, Nov 22, 2015, 11:50 PM UTC

comboy wrote: post #2

Until proven otherwise, I'd say it's a scam. No explanation whatsoever, and running miner on a smartphone is a bad idea.

From the description, this doesn't seem like a Bitcoin miner, but rather a completely different virtual currency that is simply given to you based on the number of steps you walk.

Re: Bitwalking

#4

Post by comboy » Sun, Nov 22, 2015, 11:53 PM UTC

cynix wrote: post #3

comboy wrote: post #2

Until proven otherwise, I'd say it's a scam. No explanation whatsoever, and running miner on a smartphone is a bad idea.

From the description, this doesn't seem like a Bitcoin miner, but rather a completely different virtual currency that is simply given to you based on the number of steps you walk.

> Q: Am I paid for walking? > A: No. You are generating money by walking on your own.

Generating sounds like mining. Bitcoin is of course out of the question when we are talking about cpu mining.

Re: Bitwalking

#5

Post by ukdm » Sun, Nov 22, 2015, 11:54 PM UTC

comboy wrote: post #2

Until proven otherwise, I'd say it's a scam. No explanation whatsoever, and running miner on a smartphone is a bad idea.

They covered it on the BBC's click show. http://www.bbc.co.uk/news/technology-34872563

Re: Bitwalking

#6

Post by arrayjumper » Sun, Nov 22, 2015, 11:56 PM UTC

Can't tell whether this is sarcasm/toy-product or if it is real.

Re: Bitwalking

#7

Post by _chinchillin » Sun, Nov 22, 2015, 11:57 PM UTC

With the information sharing business booming, I just cannot in good faith use something like this. I'm almost 100% sure they are going to sell location data and (maybe) shopping habits.

Re: Bitwalking

#8

Post by comboy » Sun, Nov 22, 2015, 11:59 PM UTC

ukdm wrote: post #5

comboy wrote: post #2

Until proven otherwise, I'd say it's a scam. No explanation whatsoever, and running miner on a smartphone is a bad idea.

They covered it on the BBC's click show. http://www.bbc.co.uk/news/technology-34872563

Thanks, that's much more informative than their website.

Re: Bitwalking

#9

Post by hanswang2013 » Mon, Nov 23, 2015, 12:00 AM UTC

I am also curious about how does this BW$ got managed by walking counts.

Counting the over-all steps all human being generated each day?

Re: Bitwalking

#10

Post by ogig » Mon, Nov 23, 2015, 12:23 AM UTC

My guess, this is like a loyalty card, but it gives you points for been there rather than buying and it also works on different shops.

If that's the case the way of selling it, as if it is the best thing for your health, its obnoxious. They probably won't care if you walk of drive by as long as your mobile reaches the shop wifi so the customer -the shop- pays.

Location data selling, as other commenter noted, is a real possibility too.

EDIT: After reading the more complete bbc article seems like I was wrong. They say to be using gps and acelerometer data, no idea how it doesn't get hacked to death since both can be faked easily. They also mention that location data won't be for sale. I'm still sceptical.