is the fee estimation of the website broken or am I missing something? for a while now I am seeing the minimum withdrawal fee has been increased from 40 satoshi to 200 satoshi. at first I thought the website just increased it but looking at the payments it seems like they are paying higher fee than usual. for example this is the latest withdrawal (SLOW) which should have paid 1 satoshi/byte but it is paying 5 https://www.blockchain.com/en/btc/tx/7277b96054ac64261b2ffdf6d8fa7be6462d1731812d6a42047da7e6f7d2dee7if you look at the mempool at that time it was empty and you can check the block that it was included in and previous ones and see they are filled with 1-2 s/b transactions. so what is up? We had a few occasions when the slow withdrawal wasn't getting confirmed on the network for many hours and our support email got filled up with "Where's my money you scammers?' and the like. So we have increased the fee we use to try and ensure it always gets into the next block. |
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I want to ask how many times, and how many times, and in what form. The second time consumes 2 RP ...
It starts at a cost of 1 RP and increases by 1 RP when you use it. The cost will come down when you don't use it with a cooldown timer based on the ratio of RP rolls vs captcha rolls.
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hello admin. My account is not logged in for more than 2 weeks due to illness. Today I am fine and then log in then do not know how but can not post or reply at all. Please review my account
You just posted this! Or are you talking about one of your alt accounts? If so you need to tell them which one. |
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It should be $100. If it is coming and going then that's probably just because the exchange rate is changing.
I just checked and I see that I have to deposit ~0.01 BTC to play without captcha, what is around ~$60. So, I suppose these deposit requirements are different for every account. It reduces when you wager or buy lottery tickets but $100 balance on its own will be enough for people that don't wager.
We've added a new feature for all you captcha haters. You can now use Reward Points to avoid captchas. It starts at a cost of 1 RP and increases by 1 RP when you use it. The cost will come down when you don't use it with a cooldown timer based on the ratio of RP rolls vs captcha rolls. |
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I've got out of the Multiply BTC bonus a few times with a 25x rollover requirement. I don't like using the low multiplier strategy for this, I'd rather just bet normally. Trying lots of low multiplier bets just reduces the probability of variance being in your favour. The higher the number of bets the closer to the expected value you get. That's the same reason bots and scripts reduce your chances. I prefer to make fewer larger bets.
I'm a bit confused with your technique, is it avoid low multiplier and make fewer larger bets? wouldn't that (there's a chance) make you lost big amount if got hit by bad long losing streak so are you saying betting normally with 2x multiplier would be better? why betting higher amount with low multiplier wouldn't work the same? (towards 25x rollover)is it because the return too small to cover the losses? The multiplier wasn't the point I was trying to make, I'm just saying I wouldn't change that. I bolded the important bit of your quote. Yes, there is a chance that you get hit with a bad luck streak but there is also a chance that you get a good luck streak. That's variance of luck. Smaller sample sizes will have more variance and the longer you continue playing the less variance there is. Over a large enough sample size, there will be almost no variance so the result will tend towards the expected value, ie. the house edge. |
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Yes, this is pretty huge amount to wager just in a couple of days actually so may be around 3 days or something he already got that amount and I know this will be no chance for me like low player to wager that huge amount. But to have 0.1 btc wager with 0.001 and 1.01x multiplier, I think you will lose fast, you need to wager 100 times to cover your initial bet mean while it is better if you use 1.1x multiplier. But all of this is not a guarantee you can achieve that. But basically when I have 0.1 btc with 0.001 btc, the wagered amount will be around 4x-5x. Never hit more than that ever, but may be you can try it
I've got out of the Multiply BTC bonus a few times with a 25x rollover requirement. I don't like using the low multiplier strategy for this, I'd rather just bet normally. Trying lots of low multiplier bets just reduces the probability of variance being in your favour. The higher the number of bets the closer to the expected value you get. That's the same reason bots and scripts reduce your chances. I prefer to make fewer larger bets. |
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And now we know...
@broken, ~
Maybe discuss that in his thread, not ours? Edit. It's off topic here, please don't encourage him to spam about his service in our thread by asking him about it. |
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Reading isnt the problem bub, it's lack of actually using
That's why everything you say is wrong. |
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I base this on the feedback that are received on the bigger Freeroll prizes that are won, with the faucet. <See other thread> The people there are almost going through the roof with excitement over $20 and I would have thought if someone have won bigger prizes in the Lottery, they would have gone crazy. We are dealing with almost 1600 winners in +/- 3 years, so it is strange that we not seeing people raving about Lottery prizes too. It is after all ranging from $10 to $12 000, weekly.  We've been through this argument countless times before I started working for the site. There are far more $20/200 winners and only a small number come forward even with a $5 incentive. I find it understandable that the vast majority of lottery winners would rather remain anonymous or just couldn't be bothered to spend time posting here. The only thing I can't understand is how someone could find that strange. |
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I have argumented these numbers for years, but the standard answer is always " Not every user of Freebitco.in is registered on this forum " , so we are not going to get more than that.  Not only are most of our users not on this forum the vast majority of them prefer to enjoy their winnings in private. Why do you find a forum post of a screenshot of an email more convincing than a provably fair system? |
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At least 4 first place winners have come forward and posted about in this and other threads.
Thats it? Out of how many weeks? 52wks/year for 5yrs and only 4 have posted here? WTF. Those kinda odds could rival the odds of winning the lottery to begin with haha. I know you have learning difficulties and find it hard to read so I'll try and help the village idiot out here. The rounds are numbered, here is a picture showing the current round.  There is one round a week. Can you work out how many weeks yet? |
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I know that luck plays a role in every lottery system, but in year you do not have any chance? Not even in top 10 once? This is kind of weird thing, and I still doubt if any of the free players can be part of the lottery works. You can see each week there is always a winners but yet no one ever claimed that they are winning the prize. May be some explanation from thequin might help here
There's an easy explanation - you're factually incorrect. Last week the 3rd place winner had only 70 tickets so I suspect they were gained free. At least 4 first place winners have come forward and posted about in this and other threads. |
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The highest wagerer is currently at 70BTC, that's higher then I'd have expected. I was going to put in 0.1BTC and get a bot running to gamble with 0.001BTC and see how high I could get (with 0.01 odds) but that seems a bit dishonest - though theres still an equal chance to gaining and losing the same amount. I'm not sure if anyone's done this though (there's probably a slim chance you'll get profit from it or your betting will at least last a bit longer on the site).
And only halfway through the month. The race for second has been hotting up a bit this week as well. I still wouldn't be surprised to see a really big high roller come in and take it though. |
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He has access to everything that we have on the site though so either knowing how much he has or his identity?
I guess this is just a matter of personal belief. I strongly believe that the right to be anonymous and the right to privacy of your financial affairs are a very fundamental part of what Bitcoin is all about. I have investments in other sites that the owners equally anonymous but I have trust in them because of their actions and the reputation they have built up over the years. When wetsuit asked me to represent the site I didn't hesitate to put my reputation on the line for the same reason. You can make your own decisions based on your beliefs and opinions. |
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I made a withdraw this morning, but my email was fucked up.
Is there anyways I can get the system to send me another confirmation email?
Thanks!
The confirmation link is only valid for one hour. After that, it will automatically cancel the withdrawal and add the amount back to your balance so you can try again. |
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Fix the quote, don't make me part of the argument, I wouldn't be arguing on you side in this instance.
Done. Sorry about that I hit the Edit button instead of the Quote button and your quote was the first line in that post. So I have my chipmixer address with 0.394BTC. Another cold storage with 0.125BTC in it and 0.1 in Hashnest? Anything else you want to chuck a stick at and get the right answer to?
I'm trying to point out that it is an individual's right to decide for themselves if they want to make public what they own. |
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IDK what you are reading but from where I am sitting I do not see an address. A country listing isnt an address and the last update to the whois record was literally just a few months ago in jan. All I see is a domaain pointing at cloudflare and registered from enom with an update to change the registrant country and either town or county. There is certainly no address there like you claimed.
I didn't claim there was a full address. I said I found it when I was searching ages ago. Read again: It's nothing new. If you do a whois lookup of the domain it tells you it is registered in Tortola, VG. I can't remember where I found it now but I found that address when I searched for it years ago.
You should learn English and/or to read before calling me a liar. The domain isn't 'pointing at Cloudflare' its nameserver is hosted by Cloudflare. That has nothing to do with registration or ownership of the domain. As always you are keen to talk about things you have no knowledge of.
Edited to fit quote header. |
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It's nothing new. If you do a whois lookup of the domain it tells you it is registered in Tortola, VG.
More lies. The site uses cloudflare you complete retard. And it has done so "for several years". Therefore any clown that looks up the whois will only see cloudflares info. The same goes for that finance company btw, or any other site that uses cloudflare correctly. So you did NOT see it with whois no matter what excuse you come up with. Idiot. https://www.whois.net/Domain Name: FREEBITCO.IN Registry Domain ID: D7766450-AFIN Registrar WHOIS Server: Registrar URL: www.enom.comUpdated Date: 2018-01-14T12:11:53Z Creation Date: 2013-10-10T19:29:11Z Registry Expiry Date: 2025-10-10T19:29:11Z Registrar Registration Expiration Date: Registrar: eNom, Inc. Registrar IANA ID: 48 Registrar Abuse Contact Email: Registrar Abuse Contact Phone: Reseller: Domain Status: ok Registrant Organization: Registrant State/Province: Tortola Registrant Country: VG Name Server: TOM.NS.CLOUDFLARE.COM Name Server: DINA.NS.CLOUDFLARE.COM DNSSEC: unsigned URL of the ICANN Whois Inaccuracy Complaint Form: https://www.icann.org/wicf/>>> Last update of WHOIS database: 2018-06-01T21:44:03Z <<< Only the nameservers are run by Cloudflare, the registration belongs to us. |
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That's the address that we sweep the deposits to. There are a lot more addresses. How do you have? I'm fairly sure coinbase filed their UK tax return a few years ago and claimed to hold £3000000. If you secure your money well enough then you're fine.
It's a lot easier to do with a large organisation. As an example Bitfinex user a 4 from 7 multsig system with staff in diverse geographical locations. And if you properly encrypt stuff and keep it secure enough then it shouldn't cause too much of an issue.
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Are you going to keep your withdrawal fees as low as they are today or will they be a bit higher? Btw Shapeshift charges 0.0005 BTC for any operation, which is not that small. I hope your fees will be much less than that.
I really don't any information as nothing has been decided yet. I don't think adding more coins or features will have any effect on withdrawal fees. I imagine the main use of the exchange will be people changing what the get from the faucet and making small deposits from other altcoin faucets so I can't imagine a minimum fee anywhere near that high. I use another gambling site that has many coins and they charge through the spread rather than a fee. I think that would be a good way do it here as well. |
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