That is a good proof that it's still very worthful to try referring new people to FreeBitco.in. The referral comission is high, one of the best referral programs so far, and it's a faucet that always bring some new features to its users. And I believe 8M of users isn't the limit, there are many people who don't know Bitcoin yet and when they become aware about it one of the first sites these people will sign up is FreeBitco.in, so keep trying to refer people and you won't regret about it later!

I don't think so. To reach this goal the price must increase $1700 yet and that is a lot of progress for 2 months in my opinion. If BTC is able to reach $5000 it's already a big achievement. I think this prediction was being adopted by some people months ago when BTC was increasing really fast, they were very optimistic about it, but now that things seem more stable the scenario changed a bit.

Bitcoin gambling is successful maybe because it seems an easy way to earn more money... Truly it's just an illusion. But I agree people can make profit on casinos by being active, joining the giveaways, receiving tips from the whales (people who are active on the chat), completing tasks for casino owners... But who moves this industry are the big players who play high, and I think many of them like Bitcoin gambling industry because they can't gamble on their countries or because they are too lazy to left their homes to go to land based casino.  

Unfortunatelly OP's link doesn't open anymore.


They will tell you only the positive points about the regulamentation. Sooner they achieve what they want you will start seeing the real purposes behind this idea. Most people will be damaged by BTC regulamentation. It's good like it works now, it's not necessary to change anything, people who like bureaucracy should use fiat.

The disapprovel from the government's side confirms Bitcoin is freedom. These governments trying to control or stop Bitcoin are the problem, they don't want their people free to use what is the best currency to use on their daily life. They prefer to see their people poor using their local currencies, suffering each new day than seeing their people having prosperity with Bitcoins.

Hard to predict it. When BTC price falls all other AltCoin's prices fall too. What means AltCoins follow Bitcoin up or down... I think if Bitcoin dies the other AltCoins will die too, until a new one is created bringing trust and legitimacy again to Crypto-Currency world.

Anyway it wouldn't be an easy task, as investors would think twice before investing on something that failed before. But it's just an hypothetical situation, I doubt it could really happen.

In this case I think it's really risky, because we are talking about "all his money". It's always good to have a plan B and in this situation there isn't, if BTC price goes wrong for any reason all his money will be compromised. So it's better to save some money in fiat too. OP should check how much money he needs to live and let this amount in fiat, the rest could be invested in BTC.

Always that he can make some profit from BTC, withdraw to fiat, this way he starts accumulating a "ROI" in fiat.

Correct, and in my opinion gamblers should look for casinos with low house edge if they want to gamble for serious, at least they will have more chances to make profit, in this case Bitsler is better than FreeBitco.in.

Gambling isn't a BTC generator, there are many different settings to customize the game style, but all of them result in losses if the gambler is playing for much time.

There aren't many faucet users anymore and those who still use it prefer traditional faucets like FreeBitco.in, because there you still have some chance to earn better prizes. Everyone has a luck day and today may be yours, so why not give it a try? You just need to press the "Roll" button and if you are lucky enough you can earn $200... It's like a free lottery every hour, what worth much more than normal lotteries.

Another sites have funny games which people like to play and earn some satoshis. Default faucets are being used for vacant people that have nothing more to do, they may think it's fun or the small earnings from faucets can worth on their countries.

When Bitcoin adoption increases and when many people start lefting fiat to deal only with BTCs the governments will try to regulate Bitcoin somehow. The question is how each government will do this. It will depend the characteristics of these governments, if they are more liberal the impacts won't be so hard, but if they are regulatory, controllers it will be worse for Bitcoin enthusiasts.

What would be an expert gambler, someone who makes profit on long term or someone who knows when to stop playing? I believe only in some games it's possible to be an expert gambler, those games where skills can change your results on long term and not only luck like Dice and Slot-Machine games. On these luck games you can be an expert just by not wasting too much money, because on long term you will surely lose...

Balance is the key, if you are a balanced person you have more chances to have success. I agree with you, only hardwork isn't enough if the person doesn't have a future vision about his life. You can work really hard and earn only pennies in the end, because there isn't a goal, a rule, a management. Being smart and strategic is very important, but I would say you must be aware about every news also, it helps a lot.

People who wasn't and isn't aware about technology news probably don't know Bitcoin yet and these people are losing a golden chance.

I think what impresses me the most is that a decentralized currency reached so far without the help of estabilishment. Bitcoin have became something that have came to stay and it's impressive, many people thought the currency would die after sometime, like traditional Ponzi schemes and it didn't happen, it's a signal Bitcoin has really strength to survive and it's a real currency.

Self control could be considered a mental skill. You learn how to control your emotions and feelings when gambling to prevent a hard loss or to prevent yourself to become angry because a loss. You learn how to stay calm during the game, what is important to don't commit mistakes. Gambling is about mind, people who doesn't have control over it will consequently lose all their money and even more until the bankruptcy.

It's too risky to invest in  AltCoins. I'm not sure, but seems the method you say is to buy a volatile AltCoin hoping to see a fast bump and sell fast to make profit. The problem is that this potential can be positive or negative, and for who doesn't have much time it can be their only chance to make profit, if they lose, it's all over and there won't be AltCoins or Bitcoins anymore. Better to keep holding only BTC if you don't have much money, it's safer than any other virtual currency.

Maybe there aren't so many games because faucet creators are newbies programmers. I liked that FarmSatoshi game too, but that was a Ponzi scheme in the end, people were spending a lot of time trying to fully upgrade their farms and most users (like me) just have lost their time. It would be only possible to create a popular game again if it were a real nice game, that people would want to play not only to earn money, but to have fun too. But developers won't want to spend their time and effort to create something that they will have to pay people, they want people paying them to play.

About this faucet, the rewards are too low, as I see DOGE faucets offer 0.1 DOGE minimum reward, on this faucet it's the maximum reward and there is only 10% chance to get it. The faucets beginning is important, if you don't invest some money to pay initial users there won't be enough traffic later to keep it running.

Yes, let's see, I'm not sure if BTC will hit $5000 by the end of this year, but there is some chances to happen. At this moment I'm preferring to hold a bit more, as I said, if there are doubts about the short future of Bitcoin, better to hold. Maybe the speculators are just waiting a bit more to start bumping the currency to near $5000... I observed when the year is finishing the price tends to increase (like last year).

Cloud minings that aren't scam aren't profitable and the profitable cloud minings are scam. You know there isn't easy money on Crypto World, otherwise faucets would be much more profitable and I think you have already reached to the conclusion it's not... Why would anyone give others so much profit like the cloud mining banners you see everywhere? These are just Ponzi HYIP schemes.

Without a lot of initial money you won't be able to earn decent passive income investing online.

That is a high price, but I think it can become better... I'm not sure about what to do, but as I have dobts I prefer just to hold until the scenario becomes clear enough to have a concrete decision. BTC price is going up and down at same proportion, having $4000-$4100 as a stable price, but there is always the chance that the price bump strongly and never come back to $4000, then if I sell my coins I won't be able to buy cheap again later...

Which kind of project? What will you offer, sell something, give informations or offer a service?

Information sites are cheap, you just need to set it up, pay for a domain, you can do almost everything for free, but you need knowledge to give legit informations to people and to make it interesting to bring even more people to your site.

If it's a service site, like an exchange, it's more complex and you need informatic skills, Crypto Currency experience, you need some people working for you, security levels, must check if it's allowed on your country... Really difficult.

A shopping site isn't easy too, and only profitable on long term (if you are able to run your business until there).