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Author Topic: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!!  (Read 353323 times)
kwaasteniet
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December 21, 2015, 08:53:55 AM
 #1241

Freebitco.in has raised their lowest reward with 50%. Good news because they lost market share due to the high BTC price and so the low reward. I think it is a wise decision.
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December 21, 2015, 09:01:49 AM
 #1242

Freebitco.in has raised their lowest reward with 50%. Good news because they lost market share due to the high BTC price and so the low reward. I think it is a wise decision.

yes, really good idea, because first have a last rate to 400-450 satoshi for hour and i stop to use because more pay at now 800-1000 minimum. 650 for hour is good already because have 2 free lottery ticket

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December 21, 2015, 11:20:10 AM
 #1243

I received this email yesterday from FreeBitco:

Quote
Dear FreeBitco.in user,

Over the last 2 days we have been fighting off a DDOS attack on our website which we are happy to report has now been successfully mitigated. During this time you may have experienced slowness when using the website and we would like to sincerely apologize for that. To celebrate the fact that everything is now back to normal, we have some exciting new bonuses for you!

For the next 24 hours only:

    50% increase to the minimum FREE PLAY rewards

    2 extra lottery tickets for each FREE PLAY roll that you play (ie. a total of 4 tickets per roll)



Also from now onwards, we shall give you 1 free lottery ticket for every 0.00016000 BTC (16,000 satoshi) that you bet in our MULTIPLY BTC game! This bonus is permanent and will be available forever, not just for the next 24 hours.

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December 21, 2015, 11:58:11 AM
 #1244

I received this email yesterday from FreeBitco:

Quote
Dear FreeBitco.in user,

Over the last 2 days we have been fighting off a DDOS attack on our website which we are happy to report has now been successfully mitigated. During this time you may have experienced slowness when using the website and we would like to sincerely apologize for that. To celebrate the fact that everything is now back to normal, we have some exciting new bonuses for you!

For the next 24 hours only:

    50% increase to the minimum FREE PLAY rewards

    2 extra lottery tickets for each FREE PLAY roll that you play (ie. a total of 4 tickets per roll)



Also from now onwards, we shall give you 1 free lottery ticket for every 0.00016000 BTC (16,000 satoshi) that you bet in our MULTIPLY BTC game! This bonus is permanent and will be available forever, not just for the next 24 hours.

well if they don't increase reward then they may lose big number off users . I think coin888 is big competitor of freebitco .

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kwaasteniet
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December 21, 2015, 12:54:35 PM
 #1245

So the increase of the reward is only for 24 hours. That is bad. It must increased for infinite of time!
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December 21, 2015, 01:56:45 PM
 #1246


well if they don't increase reward then they may lose big number off users . I think coin888 is big competitor of freebitco .

Not necessarily. It's not like you have to choose between one faucet or another. People who are into faucets will likely use both of them.

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December 21, 2015, 02:00:04 PM
 #1247


well if they don't increase reward then they may lose big number off users . I think coin888 is big competitor of freebitco .

Not necessarily. It's not like you have to choose between one faucet or another. People who are into faucets will likely use both of them.

But these days there is so many faucets to choose from that people will stop using low paying faucets when they think it isn't worth of their time anymore.
Lower the payouts go more people will stop using it.

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December 21, 2015, 04:19:42 PM
 #1248

FreeBitco does have one advantage over other faucet and it is a lottery,in addition to being one of the longest-running faucet.People will continue to use it even though the minimum reward, which in this case is always related to price of Bitcoin.Perhaps the smallest reward should be increase in some percentage to be more attractive to users.

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December 21, 2015, 04:45:53 PM
 #1249

i am always using this faucet more than 1 year. and i like with this site..
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December 21, 2015, 06:15:20 PM
 #1250

FreeBitco does have one advantage over other faucet and it is a lottery,in addition to being one of the longest-running faucet.People will continue to use it even though the minimum reward, which in this case is always related to price of Bitcoin.Perhaps the smallest reward should be increase in some percentage to be more attractive to users.

Perhaps the smallest reward should be increase in some percentage to be more attractive to users.
Yes, i agree with that.
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December 21, 2015, 08:13:06 PM
 #1251

i think faucet increased is for all day, because with only 400 satoshi more user (like me) have stop to use, but i see only 2 free ticket lottery for every roll.
I don't think have up the rewards for the coin888 competition  Grin

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December 22, 2015, 05:06:32 AM
 #1252

The increased rewards are only for 24 hours (actually 48 hours since it took 24 hours to just email the users who had been active in the last 15 days).

Although the minimum reward that we give might be lower than some other faucets, the average amount that we give per roll is much much higher due to the chance of winning the bigger prizes. I don't think users would like it if we increased the lower rewards permanently at the cost of reducing the bigger rewards. As the price of bitcoin has gone up, although the rewards have gone down, page views to the website and the number of free plays have actually increased more than 50%. We now get more than 1.5 million page views and more than 500,000 free plays a day. Although it may not seem like much to users, every 100 satoshi increase in the lowest prize actually costs us 0.5 bitcoin a day which at current prices is about $225, costing $6,750 a month which is not a small amount of money.

Increasing the smallest reward by 50% did not do anything to our traffic (number of free plays actually decreased a bit) which confirms my belief that people use our site not to collect a few hundreds or thousands of satoshi but for the chance to win big. A few thousand satoshi, although better than nothing, does not do much for the user and only makes money for the referrer. However the chance to win big prizes is what brings the users back to our website.

I do not understand the recent fascination with people wanting to collect 800 or 1,000 satoshi every hour by hitting faucets. That was never my intention with freebitco.in. I always made it to be a place where people could have a bit of fun and play for a shot at winning a significant prize. The low rewards are in place simply so that if you do not win a big prize, you at least get something.

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December 22, 2015, 05:12:31 AM
 #1253

The increased rewards are only for 24 hours (actually 48 hours since it took 24 hours to just email the users who had been active in the last 15 days).

Although the minimum reward that we give might be lower than some other faucets, the average amount that we give per roll is much much higher due to the chance of winning the bigger prizes. I don't think users would like it if we increased the lower rewards permanently at the cost of reducing the bigger rewards. As the price of bitcoin has gone up, although the rewards have gone down, page views to the website and the number of free plays have actually increased more than 50%. We now get more than 1.5 million page views and more than 500,000 free plays a day. Although it may not seem like much to users, every 100 satoshi increase in the lowest prize actually costs us 0.5 bitcoin a day which at current prices is about $225, costing $6,750 a month which is not a small amount of money.

Increasing the smallest reward by 50% did not do anything to our traffic (number of free plays actually decreased a bit) which confirms my belief that people use our site not to collect a few hundreds or thousands of satoshi but for the chance to win big. A few thousand satoshi, although better than nothing, does not do much for the user and only makes money for the referrer. However the chance to win big prizes is what brings the users back to our website.

I do not understand the recent fascination with people wanting to collect 800 or 1,000 satoshi every hour by hitting faucets. That was never my intention with freebitco.in. I always made it to be a place where people could have a bit of fun and play for a shot at winning a significant prize. The low rewards are in place simply so that if you do not win a big prize, you at least get something.


i have PMed you and you got mailed by old affiliate. Please have a look at the issue.

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December 27, 2015, 03:43:44 PM
 #1254

Well for the first time ever, people had the chance to win the biggest two prizes in this faucets lottery history. The first prize was = 2.14179221 BTC    and the second prize was =

1.07089610 BTC ....which is impressive indeed. So let's hope whoever won those prizes... had a perfect Xmas.  Grin ...It is just a pity, we are not seeing daily winners reporting

those wins more publicly... it would generate even more views, if it did.   Wink    

 
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December 27, 2015, 07:10:12 PM
 #1255

...
I do not understand the recent fascination with people wanting to collect 800 or 1,000 satoshi every hour by hitting faucets. That was never my intention with freebitco.in. I always made it to be a place where people could have a bit of fun and play for a shot at winning a significant prize. The low rewards are in place simply so that if you do not win a big prize, you at least get something.

Well, if that's your goal, why not tweaking the payout structure to increase chances of winning anything higher than basic payout? Say, something between 10-20% instead of current 1.14%.

Judging on my referred list, it looks like most people would click few times and then let it go. Giving higher chance of winning even just slightly higher amount could give a small psychological boost to the users and could help maintain active users base.

Just my suggestion. It's your site and your decision.


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azguard
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December 28, 2015, 12:32:33 PM
 #1256

Well for the first time ever, people had the chance to win the biggest two prizes in this faucets lottery history. The first prize was = 2.14179221 BTC    and the second prize was =

1.07089610 BTC ....which is impressive indeed. So let's hope whoever won those prizes... had a perfect Xmas.  Grin ...It is just a pity, we are not seeing daily winners reporting

those wins more publicly... it would generate even more views, if it did.   Wink    

i see you point and from what i see this time are the ones from start of faucet well at least most of them
congrats to winners



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matete
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=> Buying Bitcoins Everyday !


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December 28, 2015, 12:38:05 PM
 #1257

I like freebitco because of the faucet. But when it comes to the multipying side, you always take back all your bitcoins. Your betting is not provably fair. I have tried this on various occasions and even today.
Lucius
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December 28, 2015, 02:16:50 PM
 #1258

Congratulations to all the lucky winners in lottery round 30.Very nice wins, I think this is the biggest so far.Interesting that all winners have ID greater than one million, which means that all of them is let's say a relatively new users.



No luck for me yesterday,but i hit 9988 and won 47773 satoshi Smiley


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December 28, 2015, 05:52:04 PM
 #1259

I like freebitco because of the faucet. But when it comes to the multipying side, you always take back all your bitcoins. Your betting is not provably fair. I have tried this on various occasions and even today.
Gambling means you loss at the end and always . this is truth not only for this dice game but it's for all gambling games.


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December 29, 2015, 05:47:28 AM
 #1260

...
I do not understand the recent fascination with people wanting to collect 800 or 1,000 satoshi every hour by hitting faucets. That was never my intention with freebitco.in. I always made it to be a place where people could have a bit of fun and play for a shot at winning a significant prize. The low rewards are in place simply so that if you do not win a big prize, you at least get something.

Well, if that's your goal, why not tweaking the payout structure to increase chances of winning anything higher than basic payout? Say, something between 10-20% instead of current 1.14%.

Judging on my referred list, it looks like most people would click few times and then let it go. Giving higher chance of winning even just slightly higher amount could give a small psychological boost to the users and could help maintain active users base.

Just my suggestion. It's your site and your decision.



Increasing the rewards would not be possible under the current circumstances because as it stands, the ad revenue that we get is not enough to pay the free play rewards which is currently subsidized due to the multiplier. So unless we get much larger multiplier volumes, we cannot pay more that what we currently are.

Maybe users would prefer to have a larger shot at winning $20 with no chance of winning $200. It is too much of a risk to adjust the payout tiers directly so I would need to run some tests to get a better idea of what kind of prizes people would prefer to win.

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