Does anyone noticed huge losses on freebitcoin multiplier?  Dam I’m not able to win significant amount since yesterday. Is it associated with current bitcoin drop and revenue generation of freebitcoin. Even for the multiplier of 1.01 I lost the bets in row. I’m sure I’m not that unlucky to loose on such least multiplier. It’s really funny since yesterdays. Anyone is getting similar experience. I understand they have to be in business but everything is getting nuts. Balance is zero now, lolz. No more wagers for me until sites stable. The most common reason for "losing" multiple 1.01x bets in a row is to wager less than 100 sats meaning your winnings get rounded down to zero sats. If you look at your balances on your roll history you'll see that your balance didn't change after each roll.
Is anybody ever concerned about freebitcoins liquidity and financial situation in a bear market?
I want to preface this by saying I've used freebitcoin for YEARS and never, ever had a problem with them. I've made a substantial amount from referrals and a very nice amount from interest.
However, given the events that are currently unfolding at Celsius (withdrawals paused, insolvency, possibly bankruptcy), does anybody ever wonder how a severe bear market will affect freebitcoins financial situation?
Although unlikely, we might see Bitcoin drop below 10k in the coming months, how would this effect freebitcoins ability to pay it's user. In my head, I think their situation is different, but they also offer 4.08% interest on users balance, not a huge number but certainly not the miserable 1% a commercial bank would give you.
I've had similar thoughts as you over the past few days, but ultimately came to the conclusion that FreeBitcoin would *probably* be fine. If I were to guess, their main revenue stream is from operating casino(s), which traditional CeFi doesn't have. Thus, a lot of their profits depend on how much is wagered, and if you look at the historical data on sites on like bustabit, the total wagered amount in BTC remains fairly stable through bear markets. Their revenues being in BTC would make it easier to pay interest on BTC. FUN token also looks to be doing fairly decent. (disclamer: this is not financial advice) The reason that price drops don't affect our liquidity is that the interest we pay is in the same currency. We paid 0.117 BTC in interest yesterday and it doesn't make any difference to us if that's at $20k or $40k because the income is also in BTC. eg if a customer wants to spend $100 buying BTC to gamble with they are going to have twice as much BTC to gamble with now. |
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If you are trying to scalp Sats in a fast moving market you'll find it easier on an exchange. We offer buying and selling for long-term investors.
I don't use the exchanges because I don't like KYC (to be honest I can't use them because of heavy sanctions on my country). Thanks anyway. The only thing that has changed is that the market is very volatile at the moment. On the exchanges, the price changes significantly many times a second. We're holding a quote open for 60 seconds. It's not designed for trading. |
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TheQuin says "freebitco gets funtoken's price live from binance funusdt"
In reality :
Fun = $0.00850
BTC = $27400
Fun/btc = 0.00000031
In freebitco:
Fun = $0.00819
BTC = $27400
Fun/btc =0.00000030
This is the last time I'm reporting this, something has been changed in freebitco.
Don’t see much difference. There are even bigger differences exchanger to exchanger so I’m not surprised if the price is fluctuating on freebitco just by 1 satoshi. Moreover this give you liberty to buy directly from freebitco with 1 satoshi discount on every fun token. That’s fun.  Just let me know if there was any other issue with this previously, but this one does not seem to be very serious. Yes, 1 satoshi discount these days, but if btc pumps then it'll be 1 or 2 satoshis higher than other exchanges, it's fixed on 30 in freebitco . It's not a serious issue for you, because you don't want to buy and sell fun in freebitco. I've bought a big amount of funtoken when they added it to the site, then it started dumping, I could recover almost 80 percent of the loss with buying at low and selling at high, then even 1 satoshi can be helpful. I also said that the FUNUSDT price you see is cached (updated every 15 minutes) and when you click buy or sell your get a real-time quote in BTC that is valid for 60 seconds. We use the live Bitstamp price for all BTC calculations on the site. If you really still think that there is something wrong please use an exchange. I know how it works, if you click on buy/sell button the real-time price will be appeared, but it's not working anymore. For example right now, fun is $0.00810 and btc is $24800 , fun/btc = 0.000000326 , but it's 30 in freebitco. I know it's a great opportunity to buy in freebitco and sell in the exchanges, I just wanted to let you know it. If you are trying to scalp Sats in a fast moving market you'll find it easier on an exchange. We offer buying and selling for long-term investors. |
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TheQuin says "freebitco gets funtoken's price live from binance funusdt"
In reality :
Fun = $0.00850
BTC = $27400
Fun/btc = 0.00000031
In freebitco:
Fun = $0.00819
BTC = $27400
Fun/btc =0.00000030
This is the last time I'm reporting this, something has been changed in freebitco.
Don’t see much difference. There are even bigger differences exchanger to exchanger so I’m not surprised if the price is fluctuating on freebitco just by 1 satoshi. Moreover this give you liberty to buy directly from freebitco with 1 satoshi discount on every fun token. That’s fun. Just let me know if there was any other issue with this previously, but this one does not seem to be very serious. Yes, 1 satoshi discount these days, but if btc pumps then it'll be 1 or 2 satoshis higher than other exchanges, it's fixed on 30 in freebitco . It's not a serious issue for you, because you don't want to buy and sell fun in freebitco. I've bought a big amount of funtoken when they added it to the site, then it started dumping, I could recover almost 80 percent of the loss with buying at low and selling at high, then even 1 satoshi can be helpful. I also said that the FUNUSDT price you see is cached (updated every 15 minutes) and when you click buy or sell your get a real-time quote in BTC that is valid for 60 seconds. We use the live Bitstamp price for all BTC calculations on the site. If you really still think that there is something wrong please use an exchange. |
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I've just checked now and indeed no bonuses (something like 20+ hours past now. So my understanding is this: the Flash Offer activates from the time the email is sent. The timers in the email AND on the website are all wrong/buggy. I tried it on both desktop and mobile so there must be a coding error there. Best to clear it up before someone does come in and wager $1500 thinking they're getting all those lovely prizes and then shout that dreaded s*** word lol This was the 2nd time it happened to me, so I'm totally ignoring those Flash Offers from now on (or maybe try them if I happen to be online when the email comes). The more important request is to have the offer be manually activated by player... even 15 minutes flash offer manually activated is preferable to 6 hour random flash offer that comes when you sleep  Did you open the email on both desktop and mobile? When I asked wetsuit he said it's most likely an issue with your system clock. If it was a coding error everyone would be reporting it and you're only the second one since we started doing this. To look into it wetsuit will need your user ID so please PM that to me. |
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Hey. Just wanted to say I got another Flash offer. In the email it shows less than 6 hours to do.
In the website itself, it shows less than 28 hours.
So I wagered over 500k satoshi.
And nope, no bonus given. And no wager amount reflected (still zero as in screenshot above). I waited over 15 minutes to see if it would update.
I'll have to ask wetsuit how this all works. I'd wait a bit longer than 15 minutes because it might get credited by a script that runs when the timer runs out rather than immediately when you have wagered enough. |
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Which one of them?
Binance FUNUSDT. If you are looking when there is a sudden movement you might be getting confused because the page is cached. When you buy/sell you get a real-time quote valid for 60 seconds. |
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I used those words because it's a new thing, since the first day of introducing the premium feature until some days ago, funtoken's price in freebitco was the same as the price on the exchanges, so we could use the opportunity to buy or sell funtoken when btc had a spike move.
It still is the price from an exchange. The point I quoted was that all exchanges have different prices. |
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Why should it be fake, the price is not always the same everywhere. Theres a New York price, theres a Europe price on a few different things because the market vary by time and location maybe risk premium in some countries; I know for sure the BTC price varies quite alot in some parts of the world.
Somebody is quite welcome to buy cheap and sell high if it benefits them, if theres a free ride of some kind thats not an unknown type of event. Usually the gap closes because the oversupply condition stops existing or theres some risk to taking that trade, the cost and time of transferring the balance would be one. If I have a balance both places and can immediately sell one buy the other, sounds ideal actually; I think it happens everyday in various markets.
Yeah. It is pretty weird that someone would equate an arbitrage opportunity to being "fake" or a "bug". |
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I think the intention is to make individual trust ratings less meaningful and to encourage people to make independent judgments about the risk to dealing with a person, rather than relying on the subjective opinions of a few people.
I'd agree. Introducing a lottery would seem designed to make DT dysfunctional to experienced users and encourage them to exclude default trust and rely on their own chosen trust list. But at the same time leaving a DT system in place where actual scammers will still be likely to be seen as tagged by newbies who haven't worked out how to use the trust system yet. If the idea had really been to make it some kind of democracy then it would be based on the most votes counting. No democracy enters all candidates with a minimum number of votes into a lottery. |
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The 0.01 not are withdraw, only show the deposit but not stolen or withdraw or buying tickets nothing at all, only missing of the account
It's impossible for anything to just disappear. All your activity is shown on the relevant pages for you to check yourself. I really can't check without even knowing which account it is and even if I did know I don't have time to check what you could check yourself. That's not a service I can provide to 49 million people. |
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Hi, yesterday without my autorithation, 0.008 btc was converted to lottry ticktecs, after that i made a deposit of 0.01 btc, and 1h after was missing of my account. what its the problem?
If you find activity on your account that you don't remember doing the problem is that you haven't taken steps to secure your account. |
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Question - do you sell banner space or would you be interested in any kind of advertising arrangement on your website? I run another Bitcoin related website, although not a competitor of yours as my site allows users to earn Bitcoin from completing microtasks.
They were doing it a few years ago, but they don't sell the banner ad space now. Although they have started to display banner ads of some other gambling sites, but all of them are owned by freebitco team. Perhaps, they aren't going to sell their banner ad space for other websites. Because they are already getting good profit from the betting section of freebitco. That's correct. We stopped doing advertising a few years ago because the income from it was minimal and most of the ads placed were dubious. We don't have the resources to check out sites to make sure they are legitimate. So we only place banners to promote our own sites. |
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Yesterday's BTC price ride was something what made some hearts beat faster, for sure. I was afraid I will lost my 30-32.5 bet, but as Binance shows at this moment 24h max 32.378 I think the range will be confirmed soon.
It did jump out of the range after betting stopped. I've just kicked the payout script off so you'll see it after your next cache update. |
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i have purchased 2500 fun tokens and moved to 360 HOLDINGS, but i don't get 4 free wheels per day.
YOUR TOKENS (LOCKED) : 0 (2,500)
ACTIVE FUN LOCKED SAVINGS
500 623 360 25% 25/05/2023, 16:12:41
2000 2493 360 25% 25/05/2023, 16:23:02
how can i claim premium benefits ?
here is my ID : 1208998
Thank you!
Locking them to earn interest doesn't mean that you have already held them for 360 days. You can't claim premium benefits because they will automatically be given to you after the required holding period has occurred. |
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I have 2500 FUN tokens on balance and I get 7 satoshi in faucet every hour. If I have 5000 or 12500 FUN then will I get more than 7 satoshi in faucet every hour ?
No. The benefits of premium membership are all listed in the Premium Benefits Estimator on the page. eg for 2500  |
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All eligible claims paid up to this post. Reminder: You must post a screenshot of your roll on the FREE BTC page. |
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Just to update my free btc bonus has increased now...may be it took some time to update...it has reached the max 133 santoshi bonus per roll 😊
There is a delay for new accounts to try and reduce abuse of the bonus. The wagering requirement is proportional to total free winnings which will be low on a new account. So many people try opening many accounts and making dust deposits to wager to achieve the maximum bonus on each. |
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Hello...I have a question... I have done a lot of betting in multiply btc option...but my free btc bonus has not increased even by 1 satoshi...it ia stuck @7 satoshi per roll... How will it increase... Because it is written tbat it increases by placing multiply btc... I deposited 0.001 btc there and wavered it many times but free btc bonus is not increasing please help
The increase will not be directly in the form of satoshi but the percentage until it reaches 100% then your freebtc will enter the next phase if I'm not mistaken 133 Satoshi with the current btc rate, you can check the increase in the top banner I am checking that banner...from the start only this is written....0.0001% achieved towards the next +0.00000007 BTC bonus!.......no matter how much betting I do.. It is not changing any bit... Still I am getting 7 satoshi per roll which is the lowest at current bitcoin rate... Is it a brand new account? |
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FreeBitco.in Users, You're Invited to LYNXBET!A wondrous new world of thrills and ‘spells’ has opened its gates, and FreeBitco.in players are invited to join in the magic. Introducing... the LAND OF LYNXBET.Begin your new adventure with a $100 Bonus and 100 Free Spins. Or, grab your instant Sports Bonus worth up to $100 and bet on any sport (credited instantly to use pre-match or LIVE.) -snip Interesting news! The site seems to have launched a little bit ago as they have an acquired license from the Isle of Man received on december 2021. The payment processors are Visa, Neteller, Skrill, ecoPayz and Astropay (the last 2 I don't know). So I think full KYC will be required to join or withdraw on the site and unless ecoPayz and Astropay are connected with buying or depositing crypto it seems to be a fiat only casino? Cryptocurrency
LynxBet is an online casino that accepts cryptocurrency payments. The process is very simple and follows the same pattern as depositing and withdrawing via a regular banking method. If you are a user of cryptocurrencies, you will be able to use Crypto e-wallets to deposit and withdraw your funds.
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You will now see the wallet address which your cryptocurrency payment needs to be sent to, as well as the amount due – these can be both easily copied to your clipboard. Alternatively, you can scan the QR code on-screen via your smartphone app.
You will need to login to your personal cryptocurrency account and send payment within the 1 hour window. If the time expires, you will need to set up a new payment which may incur a different conversion rate.
Once complete, your LynxBet account will be credited with the initial amount requested in your local currency.
The timeframe for cryptocurrency deposits depends on various external factors. They are usually instant, but can last anything from 10 minutes up to a few hours.
Withdrawals
Click ‘Withdraw’ from the LynxBet homepage or your Account section.
Select ‘Cryptocurrency’ and then enter the desired withdrawal amount in your local FIAT currency.
Select your preferred cryptocurrency method from the options available.
Enter your wallet address, which can be found in your personal cryptocurrency account, enter the desired withdrawal amount in your local currency and click ‘Withdraw’.
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Cryptocurrency withdrawals are typically completed within 10 minutes but can occasionally take longer due to external factors.
I am even longer here, my user ID 153xxxx, almost in the first million! And I never one weekly lottery, and for some weeks I had a nice amount of tickets, but it's a lottery! I don't plan to quit now when my moment is getting closer! I doubt you are longer here my ID starts with 7xxxxx and I am in the first million,I am here since 2013 or 2014 don't remember well and it has been a lot of time so I don't expect anything from the lottery but your words are encouraging,maybe our moment is getting closer and we don't even know,as I said lady luck favors the bold.I have gone on and gamble everything I win from the free rolls and my 11 WoF spins daily,once I reach 1000 satoshi I gamble them,just trying to get as many golden tickets as possible because who knows,winning the Lambo is a life changing event,at least the hope for such happening can keep me going and keep me optimistic. 7xxxxx registered between 2014-08-11 and 2014-09-11 153xxxx registered between 2015-08-06 and 2015-08-11 |
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