Bitcoin Forum

This is my first post in the group.
I play for A while in freebitco.in.
Today I noticed that the reduced the lowest free roll payout to 0.00000065
http://imgur.com/rnMW78r

Is  this permanent ? or a problem in the site?
And if it is permanent ? what is the reason?
Thank you

You will notice when the Bitcoin price is high, the faucet payouts will adapt to that and it will go lower and visa versa. I think the first time I used Freebitco.in the faucet payout was something like 1000 Satoshis per hour. I do not even waste my time doing it anymore. < the electricity spend to load the page and doing it every hour, will not be covered by those payouts >

The house edge on the gambling option is much too high, compared to other sites and the Lottery is not provably fair. So they offer very little for anyone to visit their site. ^hmmmmmm^

Freebitco.in will reduce the amount of BTC they payout from their free faucet according to the Bitcoin price, I still remembered during the time when Bitcoin price was just around $320 USD, one roll from their faucet will gave you around 1000 satoshi ( 0.00001000 BTC ) but that was a very long time ago  :)

It will normally reduce because they do depend on bitcoins price which means they do make it equivalent to the same amount in USD just like before.If it changes then they are reducing and i agree on what have been said above that they are depending on their income too because if they wont adjust for sure they will easily get bankrupt if they decide to stay on previous ways.

If second reward is 1300 sat than first should be 130 satoshi.
Send pm to owner https://bitcointalk.org/index.php?action=profile;u=154142

maybe the payout depends on your area, i remember when i am using faucets in the past where they give higher rewards  (around 3x the usual amount) when i am using VPN with US IP so i thought since the ads do pay higher in some countries

They reduced the minimum payout to make harder abusing their faucet. It has nothing to do with the rising of BTC price lately or your location. The minimum prize on freebitco.in is always $0.002.

If you are a legit player, send PM to wetsuit and he'll make your minimum prize $0.002 again.

Of course the bitcoin price affects the payout on freebitco.in (in rate of satoshi) but it wont affect the amount in rate of $. His post is clear that he complained about lower satoshi amount, not $ amount. So it is true that the satoshi is depending on current btc price.

well that's right ads is much cheaper in the third world country like mine, but still the faucets will be vary with the current btc price
and will adjust just like what out other mate said they will calculate accordingly to make sure they still getting some earnings to
continue the site.

your earning will remain the same, this make it so if the price increase of bitcoin, you get less bitcoin, otherwise you get more bitcoin if the price decrease

It's natural because the site is a faucet site instead of a gambling site so when prices rise they will reduce the prize but there is also a dice gambling site that does the same thing, for the name of the site sorry im forget. no that's not permanent when the price down they will increased the rewards.

you says it's true that basically the amount of bitcoin if we compare to USD still remain same just like the previous one but because the current price for bitcoin is very high OP earnings looks low but whereas it remains equal of compare into USD

Important to note:

1. Value of smallest prize is always USD 0.002 (as pointed out by poster), so yes it is getting smaller because BTC is rising in price.
2. The smallest prize will become 50% after a few days collecting, I noticed. Sometimes, immediately soon after my bonus redeem is over. I don't know why but anyway if I wait it becomes normal after 1 or 2 days.

its simple because bitcoin price is always up & down.when bitcoin price is high then freebitco.in roll is low & when bitcoin price is low then freebitco.in roll is high.

So with every increase/decrease in bitcoin price, their reward will change. They have set this from starting days and this terms have saved them from throwing away a lot of bitcoins from their pocket.

They are quite good at managing their faucet ;D

Absolutely, you will see that their free roll are base on the amount or value of bitcoin. And you do not need to rely on their free roll because you do not earn a lot their with the value of cents of cents. Just do deposit and play or just keep your balance to have daily profit dong nothing.

Most people are not trying to earn on their faucet, they just wait for some miracle to hit 10000 numbers so they will claim good amount there. And again I do not think that many people want to play on their hi-lo game since they have huge house edge here, that is why they try to get some luck by claiming some faucet again and again without risk anything at all

Correct as i observed the winning rate offer is much lower that other dice site. And their free roll (10000) is impossible to get that is why more users trying to hack their system to get the jackpot and they get instant huge amount of bitcoin.

Nope. They halved the minimum payout on freerolls some time ago and were making it $0.002 again only after contacting them.

As of today it seems that it is again $0.002 for everybody though.

Are you joking? Impossible to get? I believe someone already claimed that before, we just need to wait to come up again. And btw why about this hacking thing? Hacking faucet site? Are you for real? Why are they going to hack faucet site? Will it be better if they hack other casino which have good amount of bitcoin stored it right there?

They always adjust their free roll lucky number payout depending on bitcoin price. It has happened always and know that this situation will change if the bitcoin price goes down. For people with a lot of referrals and who like to collect coins for the long term it is better the bitcoin price to be down.

Please, read the OP


and the thread and you'll see that it was not the case. Their minimum payout has always been exactly $0.002 worth of Bitcoin and OP is saying about $0.001.

I don't even know how to get response from anyone. I have tried contacting support on freebitco.in several times. No responses. I am not getting help on this site either. I don't know where to contact. My lucky number bonus roll every hour has been cut in half for awhile now and can't seem to fix it no way no how. Like my list looks like this instead of getting the normal 23 satoshi ever hour, its cut. I don't understand other than the fact I use my account on my phone on the go most of the time via 4g. I have tried clearing cookies. tried reconnecting data. tried resetting phone. tried downloading the app, tried different browser. nothing is working and not getting assistance from anyone. I don't want to have to start a new account just to get the full amount every hour on the lowest tier. User ID is 12204300. No support is not good.
0 - 98850.00000014 BTC
9886 - 99850.00000225 BTC
9986 - 99930.00002252 BTC
9994 - 99970.00022525 BTC
9998 - 99990.00225249 BTC
100000.02252493 BTC

I think this faucet money claim depends on many factors because mine shows as below.

0 - 98850.00000052 BTC

What I know is it depends on current bitcoin market price, a number of active referrals and also they say that Play MULTIPLY BTC or buy lottery tickets to increase your FREE BTC.

Since it is a free money they give it to you so don't expect an immediate reply from them instead just post your question on their main thread and wait for them to reply.

I’m seeing the same thing in my account today too. The base reward is half what it should be. Did you ever get this resolved?  This might be a clue, but after I noticed this, I googled the issue and it brought me here. I registered an account, and this forum said my IP was evil, and I’ve been placed with an IP ban. This is from my AT&T cell phone. I then registered using my computer (on fios) and registration was fine. Is freebitcoin marking cell phone IPs as evil too? And thus reducing the base reward?? 

Might be a cell phone issue but IDK. It sucks that way being that I cannot use the site outside of my home without having the prizes reduced nor when i can't have my wifi activated at home when I can't afford the monthly payment. Phone always comes first in that case lol. Oh well. be nice if they wouldn't mark phone IP as bad cause unfortunately thats the only way I can even use it majority of the time, but then again they aren't getting mining activity from phones so they have no reason to pay a person with a phone.

If I'm not wrong, they will fix the amount based on the account credentials not based on the IP address you used. So you should get the same amount whether you claim from your home PC or from your mobile.

This site profit not only depends on mining but their main profit comes from hi-low game. I'm not sure how many people are using mining because it is not that profitable for most of the members.

This has happened with lot of the users and I'm not surprised that this has happened, after all the site has to remain in profits. I believe that this issue has been settled in their main thread and personally I feel this move is okay, they need to earn to pay us and I'm good if they're yet paying us. However I think they'll rethink if this strategy backfires and considering rates are low they might make a change soon, see their official thread you'll find more news there.

They needed to check this out, if the action will also take some backfire with their business, most of the people just think of their benefits but didn't
think of the other way around, this is business and to survive the owner needs to consider things that will allow them to continue together with some
benefits.

Are you saying about the mining or the faucet? I do not think that there will be some reduction for the faucet payout. The only reason why they cut the payout is due to the highest bitcoin price which is not be the same on every single time. And btw mining is not really worth to do, I still prefer that using their faucet to buy some tickets or may be gambling on their hi-lo games to increase some reward point will be better

For those people been here around for quiet long into this site would really feel or notice such changes which i dont see any problems regarding on such changes.There might be backfires but they would need to profit.If you do follow their main thread they are planing to have a re-branding on this site. Non-KYC exchange gambling site which is good but as i have read into their main thread it would still takes time for it to be completed.
Rebranding the site would entire change it all even its name too.

This is on what most people do where claiming faucet and do focus on playing hi-lo game and buying some tickets for the lottery.Its a no-risk part for a certain gambler only using its own time though.

But the point is no one ever won any prize yet by using free money here. Do you ever saw anyone posted that they win the smallest part of the prize yet until this day? I do not think so, although on every week they always have this only 2,000 or 3,000 tickets winners but to be honest, I do not think that there is any player with that address since no one ever said anything on their thread

This discussion has been going on a while already. Check out the other topic in this forum or in the micro earnings forum to view some winners of the lottery.