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Author Topic: freebitco.in Annual investment  (Read 7983 times)
JL421
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April 11, 2017, 02:38:05 AM
 #101

I believe this is only good if you have spare bitcoins you don’t know what to do at the moment. Otherwise 4% yearly is lower than most banks.

If I am investing in bitcoin I would expect a lot more than 4% a year, I mean it is even riskier considering we don’t know if it will be hacked or not, I mean “hacked” or not. I would rather just exchange it to USD and put it in a bank that gives %10 to %13 where I live.

Tough 4% just gives the vibe that they are not after scamming people, 4% is a doable and believable investment return to actually be realistic.
I don't think you actually understood what the offer was exactly. You will have to deposit bitcoin on freebitco and after a year 4% of the bitcoin will increase. Example if.you deposited 1 btc after a year it would 0.04 btc increase. While the price of bitcoin keeps changing you can expect a return of 19% a year which is way more than your bank

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April 11, 2017, 04:51:12 AM
 #102

Ok, let's clear ALL the misconceptions here.

Here's how it works.

You deposit bitcoin with FreeBitco.in - either new deposits or that which you've earned from the faucet.

THE INTEREST: The annual percentage rate offered is 4%, so your balance left in the account for a year will have paid 4% (actually a tad more)

THE PAYMENTS: The interest is paid daily. Which means that each day you are paid 1/365th of 4% on the balance you have that day...this is your daily percentage rate. So, you are paid 0.0109589% each day. Payment timing is randomized each day to keep people from only depositing money for the interest payment and then withdrawing the money the same day.

THE COMPOUNDING (of interest): If you leave your balance untouched the interest you earned today will add to your balance upon which you'll earn interest tomorrow. If you do this for a year you'll actually earn more than 4%, you'll earn 4.08%...this is your annual percentage yield.

THE APPRECIATION: And while your bitcoin is in the account with FreeBitco.in it will benefit from the price appreciation (or depreciation) that naturally occurs in the market over that year. If bitcoin value goes up 20% this year you also gain that 20% appreciation in the bitcoin you have on balance with us (or in any wallet). Your balance with us is yours, you're not selling it to us.

To see the amount of interest you've earned go to the "EARN" menu. You'll see (1) a weeks worth of interest payment history, (2) your current balance, (3) the interest payment you'll expect to receive tomorrow, (4) the interest you'll expect to receive over the next 30 days, (5) the interest you'll expect to earn over the next 365 days, and (6) an interest calculator so, for example, if you want to deposit BTC10 of your holdings you can immediately calculate how much interest you'll earn daily, monthly, and yearly.

Does this clear up what we're offering here? There's been several comments that indicate some confusion. I'm happy to answer any and all questions!

I don't think you actually understood what the offer was exactly. You will have to deposit bitcoin on freebitco and after a year 4% of the bitcoin will increase. Example if.you deposited 1 btc after a year it would 0.04 btc increase. While the price of bitcoin keeps changing you can expect a return of 19% a year which is way more than your bank

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April 11, 2017, 11:24:28 AM
 #103

%4 profit for yearly is realy low.

Yes, 4% yearly is very low but then Freebitco.in has been there for many years and they have no intention of scamming people. So they are giving rates which they can really pay. Remember hyip sites which pay 4% daily are scams only.

Yes, I agree with you because there are many sites paying higher percentages daily and scamming the people in days only. Freebitco.in is paying a lower percentage and also they are paying yearly it seems they will pay on time because they are paying low percentage to investors.


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April 11, 2017, 07:09:54 PM
 #104

Your interest payments are paid DAILY...every single day. So you get paid as you earn, no need to wait.

Yes, I agree with you because there are many sites paying higher percentages daily and scamming the people in days only. Freebitco.in is paying a lower percentage and also they are paying yearly it seems they will pay on time because they are paying low percentage to investors.

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April 14, 2017, 07:28:45 PM
 #105

It's been a month since FreeBitco.in started paying 4% interest on balances.

Who's taking advantage of this offer? What are your thoughts so far? Daily payments hitting accounts as expected?

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April 14, 2017, 09:17:00 PM
 #106

It's been a month since FreeBitco.in started paying 4% interest on balances.

Who's taking advantage of this offer? What are your thoughts so far? Daily payments hitting accounts as expected?
I have a really small amount there. The interest is coming in smoothly.
4% is not a lot, but as far as it being less than any bank... It depends on what part of the world you are. For europe right now with Euribor in negative values most banks are paying 0% interest on the deposits.

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April 14, 2017, 10:49:50 PM
 #107

This is a ver low interest, for those who want to invest in freebitcoin to earn 4% anual Liqui.io is offering 24%  annual returns. This is a trusted company and great developers if you don't believe me because I'm a newbie check the daily volume in exchangewar or coinmarketcap

https://coinmarketcap.com/exchanges/liqui/
https://exchangewar.info/

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April 14, 2017, 11:56:10 PM
 #108

This is a ver low interest, for those who want to invest in freebitcoin to earn 4% anual Liqui.io is offering 24%  annual returns. This is a trusted company and great developers if you don't believe me because I'm a newbie check the daily volume in exchangewar or coinmarketcap

https://coinmarketcap.com/exchanges/liqui/
https://exchangewar.info/

4% interest is quite a decent figure in current times. Especially if you consider that freebitco.in is a long time player that has had enough time to build up a certain level of trust among people here. Liqui is indeed offering 24% annually, but this exchange can't justify handing over people such a massive interest rate every year. I rather go for the 4% that freebitco.in offers, than something so unrealistic as the 24% from Liqui.

Liqui is highly depending on their trading volumes in order to gain the required amount to pay people. It's a tiny exchange with most likely a high level of fake volumes. Definitely a no go when it comes to the annual interest aspect. As far as trading goes, it's up to the people to decide whether or not they want to make use of it.

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April 15, 2017, 04:26:28 AM
 #109

This is a ver low interest, for those who want to invest in freebitcoin to earn 4% anual Liqui.io is offering 24%  annual returns. This is a trusted company and great developers if you don't believe me because I'm a newbie check the daily volume in exchangewar or coinmarketcap

What makes this site "trusted"? They state they're new, so what reputation have they built?

Do you have money invested with them? If so, for how long? Have you tried to withdraw yet?

I hope this is a reputable site, but I caution that you don't get left as one of the last with money in their bank. There have been PLENTY of offers like this, where rates are higher than are possibly sustainable, they last for a month and then they're gone. A few people make money by getting in early and getting out early, and the rest are left leaving sorry posts of regret on this forum.

Good luck to you!

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April 15, 2017, 02:52:00 PM
 #110

This is a ver low interest, for those who want to invest in freebitcoin to earn 4% anual Liqui.io is offering 24%  annual returns. This is a trusted company and great developers if you don't believe me because I'm a newbie check the daily volume in exchangewar or coinmarketcap

https://coinmarketcap.com/exchanges/liqui/
https://exchangewar.info/
But freebitco.in is serving bitociners for years and if I am correcly recall liqui is here for less than one year and when some new bitcoin mixing services hit the market (namely hybrid mixer, I am not sure though) people were talking about their links with one of the owner/admin of liqui exchange. Sticking with lower paying opportunity seems good rather than risking with new services.

Currently I am having balances of 0.001 (all the balances are from faucets) bitcoins in freebitco.in and earning 11 satoshi daily. I am not having any plan to withdraw them. Let me see how it goes !



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April 15, 2017, 03:09:25 PM
 #111

This is a ver low interest, for those who want to invest in freebitcoin to earn 4% anual Liqui.io is offering 24%  annual returns. This is a trusted company and great developers if you don't believe me because I'm a newbie check the daily volume in exchangewar or coinmarketcap

https://coinmarketcap.com/exchanges/liqui/
https://exchangewar.info/

24% annually is WAY harder to maintain. Liqui.io is not an established exchange and they depend on trading volume to be able to pay out.
Freebitco.in has been around for 4 years at this point and is therefore much more trustworthy.
4% also beats quite a few banks depending on the country, so it's actually just the right amount of interest (perfectly feasible as well).

   
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April 15, 2017, 04:07:36 PM
 #112

This is a ver low interest, for those who want to invest in freebitcoin to earn 4% anual Liqui.io is offering 24%  annual returns. This is a trusted company and great developers if you don't believe me because I'm a newbie check the daily volume in exchangewar or coinmarketcap

https://coinmarketcap.com/exchanges/liqui/
https://exchangewar.info/

24% is insane.
4% is manageable but 24% is screaming scam.

Trusted company? What does it even means "trusted" in the bitcoin world. A company that has been around for 1 , 2 years makes it trusted?

I wouldn't invest in something that "guarantees" 15% , anything else above this margin is risky as hell.


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April 15, 2017, 04:51:41 PM
 #113

%4 profit for yearly is realy low.

Yes, 4% yearly is very low but then Freebitco.in has been there for many years and they have no intention of scamming people. So they are giving rates which they can really pay. Remember hyip sites which pay 4% daily are scams only.

Yes, I agree with you because there are many sites paying higher percentages daily and scamming the people in days only. Freebitco.in is paying a lower percentage and also they are paying yearly it seems they will pay on time because they are paying low percentage to investors.
That is not true, they pay out your interest daily, but it is around 4.08% annually.
Many people on this thread are saying that this 4.08% every year is a very small gain from money saved, but on the contrary you should take a look into the banks offer.
I know a lot of banks where you can get smaller yearly interest, even with as big amount as 10,000$, so freebitco.in might be a good alternative for bank placement.

It is fairly better to choose earning 4,08% every year, than choosing 5% monthly, because there is a really high chance that this investment will just make your money vanquish- it will turn out as a ponzi or a scam.

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April 17, 2017, 01:51:06 AM
 #114

Big time doubts, too high rate and no explanation what will they do with the money.

even its annual? not monthly.. but 30k sat annualy 4% only 1.2k sat/year  Grin

but annual its a long time idk they will be last longer in next year
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April 17, 2017, 04:31:34 AM
 #115

I find it interesting how much talk people make about the rate and whether it's enough or not.

The reality is that if you own bitcoin and it's not with FreeBitco.in you're leaving free money on the table, that never comes back with each day that passes.

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April 17, 2017, 09:10:33 AM
 #116

It's been a month since FreeBitco.in started paying 4% interest on balances.

Who's taking advantage of this offer? What are your thoughts so far? Daily payments hitting accounts as expected?
I have a really small amount there. The interest is coming in smoothly.
4% is not a lot, but as far as it being less than any bank... It depends on what part of the world you are. For europe right now with Euribor in negative values most banks are paying 0% interest on the deposits.

zero percent?!...even in fixed deposit?

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April 17, 2017, 09:13:08 AM
 #117

I find it interesting how much talk people make about the rate and whether it's enough or not.

The reality is that if you own bitcoin and it's not with FreeBitco.in you're leaving free money on the table, that never comes back with each day that passes.

That's good for us as another choice for stable investment.
hope freebitco keep good and other reliable website got chance like this.
 
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April 17, 2017, 09:18:20 PM
 #118

Im actually really amazed that freebitco.in has given us such a opportunity, to earn 4.08% annual interest through investing into their website.
I remember that I have been using it a little bit, through short period of time. It was developed as a really good faucet, which has had many great additional features.

But I would never expect such a change, I hope that it won't turn them into some kind of a ponzi, or scam.
I heard somewhere that they are planning to launch wallet service, however I hope that is not going to happen. Nobody should hold their funds on some unreliable website, without having access to private keys.

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April 17, 2017, 10:08:51 PM
 #119

It's been a month since FreeBitco.in started paying 4% interest on balances.

Who's taking advantage of this offer? What are your thoughts so far? Daily payments hitting accounts as expected?
I have a really small amount there. The interest is coming in smoothly.
4% is not a lot, but as far as it being less than any bank... It depends on what part of the world you are. For europe right now with Euribor in negative values most banks are paying 0% interest on the deposits.

zero percent?!...even in fixed deposit?


Fixed deposits. I can give you an example. In Santander bank, portuguese branch. An online fixed depsoit for 6 months or 1 year as a rate of 0,05 to 0,1%. And that is gross rate...
You can get around 1% in a fixed deposit in one or two banks to atract new clients or new capital. The inflation rate will be between 1,1 and 1,5....so 4% on freebitcoin is not that bad comparing to this reallity:)

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COINTOKEN
pokerplayer
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April 17, 2017, 10:14:32 PM
 #120

It looks like a really good idea to add that option in their site but I dont prefer investing money there because everybody can earn more money with paid to click sites and revenue share.
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