Using Freebitco.in as a Bitcoin wallet is not a good idea. Yes, it is a good choice if you want to earn the 4%+ interest on your coins, but centralized services are always more vulnerable to hacks, than hardware wallets and cold storage. It is tempting to deposit a lot of coins into Freebitco.in to receive the interest, but it is very risky. I will only deposit an amount of money into this site that I am comfortable to lose, in the event that something goes wrong. Freebitco.in has a very good track record for security and their cold storage strategy is very good, but it is still more risky than the options I mentioned.  That's good advice. If you don't own the private key you don't own the Bitcoin as the saying goes. We've been around for over 5 years and earned our reputation for being trustworthy and secure. Before working for freebitco.in I used to have a small part of my Bitcoins earning interest here as well as some invested elsewhere, but always keep the majority in my own wallets. What I would advise against though is depositing funds and then signing up a load of fake referrals to claim multiple free-rolls every hour. |
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Series of question here.
1.if somebody claimed 30,000 satoshi from faucet, then it cannot be withdrawn?
2. If somebody deposit 30,000 satoshi (or may be more) for gaining interest only, will it again considered as abuse?
3. Is there any requirement of how much amount you need to wager (Y) if you want to withdraw (X) ?
1) No. 2) No. 3) No. It is other properties of the account that I can see that tell me it is one of many accounts belonging to one person. Our automated abuse detection system stops them playing free-rolls before they can get to 30000 so they just deposit to withdraw. Edited: Corrected answer to 1) after a strong coffee. |
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Abusing free-rolls and the referral program the same as all the other accounts I ban. We have an automated system that blocks suspicious accounts from free-rolls but leave them to carry on using the rest of the site. If I got the hammer ban out for you it means I personally checked your account and was 100% certain that you were abusing through multi-accounting. |
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Hello TheQuin. On Friday, January 11, I made an entry in my freebitco.in account of 0.02994646 BTC. I've been playing the multiplier and claiming the roll. It turns out that on Friday or Saturday, I do not remember well, they banned my account and I can not enter it. unfortunately I do not know the ID of the account but I add the mail to fnparra@hotmail.com. If you want I can also add the confirmation of the BTC transaction to my account. Thanks for your time I banned your account along with your referrals urgencias1978@hotmail.com, urgencias197@hotmail.com, urgencias19785@hotmail.com & urgencias19786@hotmail.com for abuse through multi-accounting. |
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~ @TheQuin Can you tell how many lottery tickets should I buy for increasing my FREE BTC rewards to +0.00001083 BTC? I'm also interested in finding that out It is proportional to your total free-roll winnings. Every time you wager the % towards the next level goes up and every time you do a free-roll it goes down. Hi-Lo game is weighted 1x, jackpots are 4x and lottery tickets bought are 20x. |
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Somehow I thought that the payouts are made as soon as the referral commission gets credited to your account, so it shouldn't lead to a visible decrease in the account balance, but obviously this was not the case. I don't particularly care but why not add this option by paying back instantly? In this way people who sign up for this "initiative" will be able to see that they are really paid back without having to wait for half a week (on average)
It's just a technical issue. All rolls are processed and balances updated real-time as a priority task by the main servers and everything else runs from timed scripts on lower priority servers. We currently process 60 to 80 million rolls a day and update over 18 million balances in real time. Adding the task of processing referral share back would be a lot of extra load on those servers. |
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Many accounts were caught because there was a new program. but it is very sad for users who form communities and work together to manage multiple accounts from members in turn.
Sometimes many members to manage 1 account need services from others with agreed benefits.
Regarding this, I don't think it is cheating because the one managed has a balance of less than 0.001 btc
Please reconsider, to the freebitco.in web manager
(Mr. TheQuin & Mr. Wetsuit)
Greetings TeamWork
I think it is very sad that the rewards we are able to offer our honest customers are reduced by greedy cheats running multiple accounts and then coming up with bullshit excuses when they get caught. The only reason we are getting so many complaints this time is that we've found a lot of abusers that have been getting away with it for a long time and they believed they could cheat us forever. |
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Did you enable payout to referrals? Some payout settings might be enabled by default
This shouldn't in the least affect my visible balance The payouts you refer to come from my referral commissions, i.e. not from free rolls, and they are made before they are reflected on my balance as far as I can judge. This table doesn't show any payouts, and as I understand it, the incoming value should match the outgoing. If anything, my balance should have increased, not diminished, in any case (unless I pay back 100%, of course). But maybe I'm missing something else or there might be a bug after all That is actually what happened. All referral income is added to your main balance at the instant it is made and then at the end of the week the share back is taken from your main balance.
Our new way of tracking down abuse of free-rolls and the referral program through multi-accounting has certainly caught a lot of abusers out. Some of them seem to think that making a deposit someone how makes them immune from being banned. |
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Well, I haven't been to FreeBitco.in for a few years. It turns out that right now I have 10k satoshi in my wallet and I earned 0.04506873 BTC in total through my referrals with whom I shared like 0.02440395 BTC. I have 120 referrals since the times when I had been actively using this facet, and a couple of my referrals are still active (this 10k satoshi came through them, most likely). Just in case, sharing referral commissions with one's referrals was my idea
wetsuit hasn't been active since July 2018. Is he alive?
It's nice to return to some unexpected coin, the same thing happened to me when I didn't use the site for a while. wetsuit is very well but he hired me at first in last March to look after forum support and more recently to look after all day to day running of the site. He wants to have more time to concentrate on strategy and development Okay, maybe you will be able to solve the glitch I have just seen (if it is a glitch indeed) As I wrote yesterday, I had 10k satoshi in my account (it was a little above that, around 10.7k). I made a few free rolls yesterday and my balance went to +18k. Today I made one roll and I still have 0.00017142 BTC. If we take the roll table:  And then sum up the values, we will get a total of 0.00008179 BTC with the recent rolls, which gives us over 18k satoshi. But this is not what I actually see in my balance today. So if you are running the site, you may want to look into this issue If you click the icon on the left of each roll it expands to show the balance before and after. You can't really see what is going on without that. You can send me a PM with the account ID if you need me to take a closer look. |
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Well, I haven't been to FreeBitco.in for a few years. It turns out that right now I have 10k satoshi in my wallet and I earned 0.04506873 BTC in total through my referrals with whom I shared like 0.02440395 BTC. I have 120 referrals since the times when I had been actively using this facet, and a couple of my referrals are still active (this 10k satoshi came through them, most likely). Just in case, sharing referral commissions with one's referrals was my idea
wetsuit hasn't been active since July 2018. Is he alive?
It's nice to return to some unexpected coin, the same thing happened to me when I didn't use the site for a while. wetsuit is very well but he hired me at first in last March to look after forum support and more recently to look after all day to day running of the site. He wants to have more time to concentrate on strategy and development. |
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By saving every hash on all of the bets you make and check it one by one until you see something wrong. I don't know much about how provably fair works but from what I know even if their verifier says it's fair there could be a chance or other way to prove that not all rolls are fair. I'm not saying this applies to freebitcoin since I don't have proofs and I barely play on the site.
The verifier is provided for convenience but you can verify your rolls manually or use other tools. How the results are calculated is explained in the provably fair tab and you just need a hex to decimal converter and SHA512 hash generator which can be found online.
Hey Quin, regarding the Multiply Game Bonus, is my understanding on this correct? Assuming I have 0.00256 BTC bonus: - I have to wager at least 25 times.
- Wager total has to achieve (0.00512 * 25)/ 0.128 BTC.
- Maximum 10% of the wager from the bonus (0.00512) counts. Anything above 0.000512 still counts as 0.000512.
That's pretty much it. You can't cancel the bonus until the wagering requirements are met (that's what I get most support tickets about). Edited to fix quote. |
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Ok , just i learned that I banned because i sent a week ago 21000 sat to my account and i tried to withdraw 30000 yesterday , the 9000sat i won from this site . But i think it is not fair , because i hadn't any message or warning for this . I am new to this bitcoin things , so first week i sent the 21000 satoshi i gained from other sites for the 4% interest to the freebitco.in , than i signuped to a bitcoin wallet just to see how it is working and tried to send 30000 there . I lost all of these . Anyway I writing in the forum , because i cant send post messages more than 1 per hour  . Thank to the Quin for the response , but I suggest them to have warnings before ban someone for this reason . Sorry for my English , i know is not the best you see  You tried to get around the minimum withdrawal on an account that had only ever claimed the faucet up until that point. |
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LOOOL account is blocked 17749392
win a jackpot and get account lock!!!
thanks, bro!!
Are you related to Phoenix_71Rus by any chance? Good day . tell me - within a few days I can’t log into my account. what is the problem ? or why my account is blocked as I understand it. ID 10632981
Thanks for bringing that to my attention. I banned 300 of your accounts already and you posted this:
I want to tell my story, how I was deceived by the site freebitco.in. like many people I have an account on this site, woke up today, wanted to go to the site, and the account is blocked. restore password is obtained.even in the mail letters do not come. I kept some bitcoins in my account. you took them ? scammers? my id 7053807 But as you prompted me to take a second look I just found and banned another 381 of them. Creating alt accounts on the forum isn't fooling anyone. One thief with 299 fake referrals cheating from us also signed up another 381 fake referrals to one of them. It's not hard to win a jackpot when you sign up thousands of bots and just wager what you stole from the faucet. I'm making it a bit harder to get paid for doing it now. |
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I sent pm too , but still I dont have any solution . I hope you not encounter me as a thief or a cheater !! Thanks anyway
You didn't tell me which account you are asking about so I don't know yet. |
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Another question, how can I contact you about delete an account?
We don't delete accounts on request as it would be too much support effort to verify the request is actually from the account owner rather than someone else. We don't have any personal data other than email address and optional 2fa recovery phone number. So if you just delete the phone number and change the email to something random it has the same effect. |
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Hi, today in my freebitco.in account there's CAPTCHA control, why?
I have more than 100 $....
That was an accidental side effect of another change we made. We rolled the change back so it should be back to normal now. |
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Hi TheQuin.
My captcha was back today. My balance is more than $50 and 80% of it composed from investment part and 20% from free roll rewards. Is there any changes about the requirements of to play free roll without captcha. My ID: 9885009
Best regards.
The limit for no captcha is $100. $50 gives full base reward. It doesn't matter where the balance comes from and the actual figure will be lower if your ratio of wagered to free winnings is high enough. My balance is more than $100 not $50. I wrote wrong. Then, what is the problem? Best I think is because of BTC devaluation  I am also with captcha again after almost 2 years without it. The devaluation is usually the cause but n this case I just checked and this account was above $100. It was a small change that wetsuit made that caused it accidentally. We're just rolling back the change. |
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Hi . I am new at bitcoin things . I registered a month ago to freebitco.in and i sent there all bitcoins i received from other sites for the interest . All these days i logined automatically to the site . Yesterday i sent my bitcoins to another wallet from freebitco.in , but after this the site not remember me and asking the pasword that i cant remember . Tried to reset my password but nothing . I sent mail to support@freebitco.in but i dont have any response . What can i do ? Thanks a lot The (co)owner is on this forum, you could try sending a PM: TheQuinI'm an employee rather than an owner. We are having some success with a new method of finding multi-accounting cheats at the moment so the support emails from thieves aren't all getting answered. |
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Hi TheQuin.
My captcha was back today. My balance is more than $50 and 80% of it composed from investment part and 20% from free roll rewards. Is there any changes about the requirements of to play free roll without captcha. My ID: 9885009
Best regards.
The limit for no captcha is $100. $50 gives full base reward. It doesn't matter where the balance comes from and the actual figure will be lower if your ratio of wagered to free winnings is high enough. |
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@TheQuin (he is the official person of contact for freebitco here)
What are the chances for using reward points to increase interest rates, something like 1000RP for 0.000001% (per day)?
I can't see that happening. And as always; any updates about new layout/rebranding?
I'll post it here as soon as I have ay information. |
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