This "hypothesis" is based on experience running 20 faucets ourselves, as well as proper observation over our competitors. We do see things many others cannot see from their end, such as user behavior, you can't create this information without being in that zone.

You're asking "I don't understand why they would be bankrupt now for the remaining 5 or 10% while they still have billions of FUN tokens" - you can see clearly from mid-2023 and a bit before then, a decrease in interest in user support, customer service did not handle tickets well, and on top of it - in 2024 you started seeing withdrawals being manually processed, just like the example we gave in that article from February 2024 here it is again on Twitter:

https://x.com/EverGrowGuy/status/1762073384048033902?s=20

There were lots of similar complaints already back then, but users eventually got these processed, until the peak, the pinnacle you saw back in August 2025 a month and a half ago.

The signs here are very clear, you can see it in front of you:

• Lack of customer support
• Leaving things unchanged without adoption to new conditions

The 2nd one is the worst, they couldn't survive with their business model because of it.
Changing the hourly roll to a daily one, relying more on banners in their early days, repeating the same FreeDoge.co.in mistakes:

https://freebitcoin.io/articles/what-happened-to-free-doge

This article is from 2020.

The best years for faucets were no doubts the early crypto years 2015 - 2020, and these Covid years as well where many people had to stay home.
In these years up to 2022-2023ish the advertisements, and the money advertisers were putting down was far higher than what it is today.

It's like affiliate marketing in 2025 vs affiliate marketing in 2005, there is no comparison.

In addition,
The crypto gambling world had far less competition than what you have today.
People were discovering the crypto world and started using it, some with crazy amounts, just because it was crypto.

But that holy grail era has faded.
You have more regulation with crypto.
Gambling with crypto is still possible but it's no where what it was years ago.

Examples:

1) BetFury used to offer 40% and even 50% on their BFG token. Today the normal APY is 10%!
2) BCGame used to offer a daily spin, for free, you would collect free crypto, no strings attached. Today you are required to wager $8k within 24 hours to get that spin.
3) The bonuses that Stake used to offer, if you were to keep them from 7-8 years ago you would have lots of $ today (most people have never done that but you get the point).

The idea of FreeBitco was a similar idea but it had some issues.

The owners of FreeBitco purchased lots of Bitcoin back in early 2012 - 2013, which was one of the smartest moves anyone could have done, we're talking about $1 for 1 BTC... this has gone up by over 100,000 now!!

Initially,
The idea of having free BTC and risking BTC on a HI-LO game was great.

Then adding some betting features, but as you can appreciate - the graphics and the interface were far from being a professional betting site - despite some members pointing it out - many others chose to neglect these warnings, felt like "this site is too big to fail". Yes, some users even had their life savings there, this is a grave mistake.

Fast forward the years,

When you run a faucet, giving away free BTC with a 50% referral program this opens the door to lots of abuses, you are invited to read this piece:

https://freebitcoin.io/articles/changes-to-our-faucets-from-feb-2024

Please take the time to read through the text carefully, rather than skimming over it quickly. All the info is there, check out the Title there:

FreeBitco.in - The site is under a serious risk of crashing [Our Opinion]

"The experience we describe here in this blog is possibly going on a large scale of perhaps 100,000x times more on FreeBitco.in"

This piece was posted back in February 2024.

Hopefully this "old" information can help everyone including you who were asking, to better understand what happened here.

It's too late for that.
We called them in March 2024 to offer a DAILY roll instead of a Hourly roll, but these guys didn't care even back then:

https://bitcointalk.org/index.php?topic=5487189.0

They are not in a stage of being able to fix it now, the trust is broken completely, the only way out is "bankruptcy" or something similar.

Good idea 💡

This article is from December 2024 ...

We got paid completely in full.
Thanks to all the forum members here who helped, truly appreciate it.

Locking this thread now.

Best strategy for who? For the users? Maybe, not for the owners.

Some naive users might still make deposits as we speak.

These are our videos, we warned about this already back in March 2024:

https://bitcointalk.org/index.php?topic=5487189.0

And check this out:



The first idiot, named "snead" was saying back then he's not worried about it, and he and the other "False Vision" guy chose to attack our sites instead, telling the readers what's wrong with our sites, why we're the bad guys ...

Well, our sites have 24/7 support, we continue normally with our faucets, we post here and on our social media, we never warned against another site because we just "felt like it", we warned users here because we knew where things are heading.

But instead of listening to the message, these 2 stupid users elected to shoot the messenger.

The thread was there, bumped so many times, already back in March 2024!

Hint: We never kept BTC in this site, everything we could withdraw we did every week, no exceptions.


The forum should judge the real bad guys who protected the site already back then in March 2024, and stop fighting with genuine users / business owners who share their experience, know how faucets work internally and what it entails, and instead most people chose not to listen to our advice, and now it's too late.

It's no fun telling you "we told you so" but that's what we did, ages ago, we told you so!

How is it going to help you to have 100,000 RP if you can't receive withdrawals from the site?

We offer 50% on the free rolls, 5% on the "Earn More" section and more.
Which issues? From our end things have been running smoothly for years, we had almost 0 downtimes and lots of happy users.

You're welcome to check.




This is not low.
1 satoshi (minimum) per hour is potentially 24 sats per day, potentially (and some bots did it).
That is $0.0268/day if you use bots or $9.8 per year.

If you had bots and referrals, say 5000 accounts per year you would drain $25,000/year from the faucet, $2,000/month, and we're ignoring the rise of Bitcoin over the years, the fact you would get far more than 1 satoshi per spin, could be even 10 times more with minimal risk.

Then it's $20,000/month.

Of course they had a few blocks in place, but overall these guys bought Bitcoin for peanuts in 2012-2013 and used them as a faucet, but in 2025 many years later you would have users draining you so badly.

Just do the math,

No wonder why other sites like BCGame stopped their free wheel and only allow 1 spin for those who wager $8k every 24 hours, BetFury cut their boxes and more.

The days of free crypto money are not the same.

Those who adopt - survived.

Those who don't - ended up like CoinPot, and now it's FreeBitco.

Simple.

You guys are looking for excuses and explanations way above your heads whilst the whole thing is super simple to understand, especially if you're running faucets yourselves.

Our faucets also issue instant payments and been live since 2017. You're welcome to check all the 20 of them. 

It looks like the previous account manager who left simply ignored our requests so our account was left without any account manager.
Now she's handling it so it seems better.

That's what it seems, it's still not okay these guys have email accounts that are unresponsive, however let's see if she will handle the next one without any issues, and if she does - then we can say it's all okay.

Partially updated. See an update in the 1st post above.

Yes, when you run a faucet and don't process withdrawals for so long, the amount of withdrawals is only increasing, there comes a guy asking for 0.08 BTC and now one with 0.15 BTC and one in panic asking for 0.11 BTC and another one and another one and bang .... out of the blue you owe all these users several Bitcoins altogether, debt of a few million dollars or more and that small "1 satoshi" per hour that looks so innoncent turns into a huge snowball that you can't get out of.

You want to learn more about this - read this from February 2024:
https://freebitcoin.io/articles/changes-to-our-faucets-from-feb-2024

If these guys would just have changed their hourly roll to a daily roll, or trying to adopt it could have been easier.

It's not the Dutch government, the Dutch issue hasn't made them stop issuing withdrawals, but what you noticed over the years was them processing withdrawals slower and slower, even instant withdrawals would be processed after several days to 1 week and that was a huge red flag.

They might leave their site fully running as some naive users might still deposit money and they can "profit" from these deposits, but like you said, the chances of them processing withdrawals now are next to none.

Once again, we'll say it here, if you can get guys like coffeezilla or other similar characters to dig further into the anonymity behind this site and have it broadcasted to millions of people on Youtube and more - then maybe this could wake up some people who could help, maybe ... but otherwise just call it a loss.

Playing for what reason?
You won't get your money from that site.

Likewise, now piss off.

Thought you were referring to this:

https://bitcointalk.org/index.php?topic=320959.msg65738812#msg65738812

If you didn't then apologies.

There are attacks here by someone who defended FBC all the way and keep on bashing us for speaking out the truth about FBC all the way since March 2024. You can read the last few previous posts to see it if it's interesting to you.

Anyway,

If you want to get your money back we believe in applying social media pressure, there could be other ways but doing nothing definitely won't resolve it.

Once again, focus on the message and not on the messenger, like this lady did:

https://x.com/Miss_Alice_Esco/status/1960638763224240134

You do want to apply social media pressure and get people like coffeezilla or anyone similar to dig into this and maybe this could help them to pay out something.

Without this pressure your chances of getting paid are next to none.

Apply the pressure and/or help in your own ways, instead of doing the opposite attacking those who try to help others here.

Not sure why this is so hard to understand.

We had a thread warning other people about this here in this forum, and even back in March 2024 people like yourself were saying the same thing instead of listening to the warning now "my money is gone" ... if only people would discuss and spread the warning instead of fighting the ones trying to warn you based on their experience running 20 faucets - maybe more people could have saved their money this way!

https://bitcointalk.org/index.php?topic=5487189.0

The video is calling to apply pressure on social media by the way, that's the only way to maybe get something, if some news media, coffezilla, someone big will dig into this ... please concentrate on the message instead of the messenger.



Now look who's talking? The last person who should be saying anything here, weren't you the one who attacked us all the way in this thread WARNING other users to be careful with FreeBitco.in and now you dare to even do it again?!?!?

https://bitcointalk.org/index.php?topic=5487189.0

And the link above "promoting a blatant scam" - wow - "promoting" - you keep on lying with every single word of yours - click on this link - what do you see at the end of the text??

What do you think about all of the above? Agree? Disagree?  

How are these words "promoting" - this is a DISUCSSION topic!!

And speaking about Atomic Wallet - it's still working to this day, and it's not like it was "telling people" to use ONLY Atomic Wallet... and you take every single opportunity to spread more and more lies....


No, this is incredible ... check out this thread again and again:

https://bitcointalk.org/index.php?topic=5487189.0

You keep on saying "for years", keep on lying here again and again and again ... "for years".... no, it started exactly on March 2024, not before, not after ... not "for years" ... but you keep on sticking to a lie like a super glue without letting go.... so guess what ... here's another lie of yours after digging a bit into the internet:

https://freebitcoin.io/banners/freebitcoin-x1uq2iiha8.png

Looks like lots of people don't like this slogan ... so this is what the Internet has to say about this:

https://freebitcoin.io/banners/freebitcoin-nxh77ccdmt.jpg

You should really avoid posting here.

Feel free to watch:

https://www.youtube.com/watch?v=im4s5neopxA