Vulcan32
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August 30, 2017, 08:11:54 AM Last edit: August 30, 2017, 09:04:55 AM by Vulcan32 |
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Another great improvement would be to lower the encash reward points minimum to something more achievable like 20 000 or at most 50 000 reward points. The current required minimum of 100 000 reward points to be encashed for BTC is almost impossible to achieve for regular users of the website (i.e. users without hundreds of referrals).
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mrcash02
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August 31, 2017, 04:19:09 PM |
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Another great improvement would be to lower the encash reward points minimum to something more achievable like 20 000 or at most 50 000 reward points. The current required minimum of 100 000 reward points to be encashed for BTC is almost impossible to achieve for regular users of the website (i.e. users without hundreds of referrals).
It's true, 100.000 RP to convert to satoshis is too much and we are losing money somehow this way... Before each RP priced 3 satoshis, now it prices 2 satoshis. I understand BTC price increased too much and it's necessary to change the rates, but if we could convert on that time with a lower amount than 100.000 RPs our reward would be higher in satoshis. Can't you decrease it a bit, FreeBitco.in team?
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favdesu
Legendary
Offline
Activity: 1764
Merit: 1000
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August 31, 2017, 06:05:17 PM |
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just rolled a 9992, I roll once per day. pretty lucky
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Myfe
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September 01, 2017, 04:09:20 AM |
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Oh boy...while wetsuit's away the rest of us will play...we're on the eve of an EPIC Rewards Points bonus weekend >>>>> 5x Rewards Points starts tonight!For the entire weekend, we'll pay you 10 Rewards Points for a free roll, 5 Rewards Points for a multiply roll activity exceeding 1500 satoshi, and 5 Rewards Points for a referral roll! Follow us on Twitter to get more announcements of great promotions > https://twitter.com/freebitco
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Thirdspace
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September 01, 2017, 04:25:33 AM |
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Another great improvement would be to lower the encash reward points minimum to something more achievable like 20 000 or at most 50 000 reward points. The current required minimum of 100 000 reward points to be encashed for BTC is almost impossible to achieve for regular users of the website (i.e. users without hundreds of referrals).
It's true, 100.000 RP to convert to satoshis is too much and we are losing money somehow this way... Before each RP priced 3 satoshis, now it prices 2 satoshis. I understand BTC price increased too much and it's necessary to change the rates, but if we could convert on that time with a lower amount than 100.000 RPs our reward would be higher in satoshis. Can't you decrease it a bit, FreeBitco.in team? they set the rewards value pegged to USD not BTC satoshi it used to you need to wage 1500 to get 1 RP and exchange for 3 satscurrently you only need to wage 1000 to get 1 RP and exchange for 2 satsand this week we will have 5x rewards... wage 1000 sats receive 5 RPs (= wage 200 sats, receive 1 RP)so it's all proportionally set based on btc value in USD (except the weekly bonus time = BONUS) imagine you are accumulating RPs when valued at 2 sats & when you exchange, BTC price dropped below 2k USD, then for eg. 1 RP would worth 4 sats, so you would be getting much more satoshi but value in USD would be pretty much the same when you acquired them... cmiiw the hard part is accumulating RPs without playing multiply btc
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mrcash02
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September 01, 2017, 04:42:14 AM |
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Another great improvement would be to lower the encash reward points minimum to something more achievable like 20 000 or at most 50 000 reward points. The current required minimum of 100 000 reward points to be encashed for BTC is almost impossible to achieve for regular users of the website (i.e. users without hundreds of referrals).
It's true, 100.000 RP to convert to satoshis is too much and we are losing money somehow this way... Before each RP priced 3 satoshis, now it prices 2 satoshis. I understand BTC price increased too much and it's necessary to change the rates, but if we could convert on that time with a lower amount than 100.000 RPs our reward would be higher in satoshis. Can't you decrease it a bit, FreeBitco.in team? they set the rewards value pegged to USD not BTC satoshi it used to you need to wage 1500 to get 1 RP and exchange for 3 satscurrently you only need to wage 1000 to get 1 RP and exchange for 2 satsand this week we will have 5x rewards... wage 1000 sats receive 5 RPs (= wage 200 sats, receive 1 RP)so it's all proportionally set based on btc value in USD (except the weekly bonus time = BONUS) imagine you are accumulating RPs when valued at 2 sats & when you exchange, BTC price dropped below 2k USD, then for eg. 1 RP would worth 4 sats, so you would be getting much more satoshi but value in USD would be pretty much the same when you acquired them... cmiiw the hard part is accumulating RPs without playing multiply btc The hard part is to convert RPs to Satoshis It will take ages to reach 100.000 Reward Points, with Dice game it's surely faster, but I think it doesn't worth the risk we must take... I understand they use Dollar/BTC price to set the rates, but I mean when we reach 100.000 RPs probably each RP will be pricing 1 satoshi or less
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Vulcan32
Newbie
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Activity: 51
Merit: 0
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September 01, 2017, 09:10:29 AM Last edit: September 01, 2017, 12:14:14 PM by Vulcan32 |
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An even better option for the rewards points (RP) would be a way to completely disable them in profile settings just like you can disable lottery. Currently when you disable lottery you receive reward points instead of lottery tickets in 1:1 ratio, i.e 1 reward point for each lottery ticket. Following the same principle when you disable reward points, you should receive satoshis directly based on the current exchange rate of BTC. For example, at the time of this writing you should receive 2 satoshis for each reward point if you have disabled reward points in profile settings.
I believe that adding such option is fair and will be a huge improvement for FreeBitco.in users, because with the rising value of Bitcoin your reward points are very likely to get you 3 or 4 times less satoshis until you collect enough to encash them.
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babygun
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September 01, 2017, 05:09:18 PM |
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I agree that the mark of 100 000 reward points to convert them to satoshi is too high. If you don't have referrals and don't like to gamble than it will take very long to achieve that mark of 100 000 points...
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CatFur
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September 01, 2017, 06:39:15 PM |
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What do you guys think of winning a referral? I would really like that..
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Saoha
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September 02, 2017, 07:33:35 AM |
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What do you guys think of winning a referral? I would really like that..
If you have more referrals you are likely to receive 50% commission from them quite high. Will be a decent and important source of income is not scam. Because freebitco.in site is too prestigious
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Thirdspace
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September 03, 2017, 03:54:05 AM |
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I agree that the mark of 100 000 reward points to convert them to satoshi is too high. If you don't have referrals and don't like to gamble than it will take very long to achieve that mark of 100 000 points...
how about proposing to make those RPs multiply-able on multiply game so at least you can use it to gamble and lose all or try get up to 100k mark or we should have another game that fueled solely by RPs how about that guys... myfe... wetsuit? what say you?
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CatFur
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September 03, 2017, 09:13:54 AM |
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I agree that the mark of 100 000 reward points to convert them to satoshi is too high. If you don't have referrals and don't like to gamble than it will take very long to achieve that mark of 100 000 points...
how about proposing to make those RPs multiply-able on multiply game so at least you can use it to gamble and lose all or try get up to 100k mark or we should have another game that fueled solely by RPshow about that guys... myfe... wetsuit? what say you? I would really like an RP boost [more than the usual weekend promos, and maybe randomly available between free BTCs] with the free roll game. A new game is always exciting. More work for wetsuit
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trilyuner
Member
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Activity: 317
Merit: 10
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September 03, 2017, 10:30:05 AM |
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I agree that the mark of 100 000 reward points to convert them to satoshi is too high. If you don't have referrals and don't like to gamble than it will take very long to achieve that mark of 100 000 points...
how about proposing to make those RPs multiply-able on multiply game so at least you can use it to gamble and lose all or try get up to 100k mark or we should have another game that fueled solely by RPs how about that guys... myfe... wetsuit? what say you? This idea is interesting , usingRP to play hi-lo Hope wetsuit can implement this idea
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Lilpete888
Member
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Activity: 69
Merit: 10
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September 04, 2017, 02:31:30 AM |
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Well people i just lost half a bitcoin on the high/low game feel like crying
Rule number 1) house always wins
Btw i was playing on the 1.5 difficulty and lost so many times it was unreal it defo wasnt random it felt more like i was playing at 100 difficulty it was crazy never experienced anything like it and ive played on there alot and usually seems fair
But that was crazy
Learn from my mistakes never play the high/low game you will loose it all in the end :'-(
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Thirdspace
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September 04, 2017, 03:56:48 AM |
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Well people i just lost half a bitcoin on the high/low game feel like crying
Rule number 1) house always wins
Btw i was playing on the 1.5 difficulty and lost so many times it was unreal it defo wasnt random it felt more like i was playing at 100 difficulty it was crazy never experienced anything like it and ive played on there alot and usually seems fair
But that was crazy
Learn from my mistakes never play the high/low game you will loose it all in the end :'-(
I'm sorry to hear that mate, happened to me a few times too but currently I'm on positive balance since my last deposit (though still negative on my total earning stats) I started very low amount compared to my balance that could stand at least 15 lose streaks (on martingale) and playing with mixed 3x, 2.1x & 1.05x multiplier, just have to learn when to stop almost doubled my balance now at 0.02 BTC (upto 41k RP ), almost busted a few times too this week on another topic, I notice slow withdraw only charges 400 sats lately... way cheaper than weeks ago because of this, I was thinking of using freebitco.in as web wallet to make payments & other things that means, a different btc address will be used for every withdraw would this be ok and not against site rules? myfe, wetsuit? or perhaps one of you have already been doing so all this time?
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TheQuin
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September 04, 2017, 03:59:56 AM |
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on another topic, I notice slow withdraw only charges 400 sats lately... way cheaper than weeks ago because of this, I was thinking of using freebitco.in as web wallet to make payments & other things that means, a different btc address will be used for every withdraw would this be ok and not against site rules? myfe, wetsuit? or perhaps one of you have already been doing so all this time?
It's not against the rules, in fact it's actively encouraged. That's why they introduced interest, to get people to use the site as a wallet.
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Lilpete888
Member
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Activity: 69
Merit: 10
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September 04, 2017, 04:21:36 AM Last edit: September 04, 2017, 04:31:38 AM by Lilpete888 |
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Well people i just lost half a bitcoin on the high/low game feel like crying
Rule number 1) house always wins
Btw i was playing on the 1.5 difficulty and lost so many times it was unreal it defo wasnt random it felt more like i was playing at 100 difficulty it was crazy never experienced anything like it and ive played on there alot and usually seems fair
But that was crazy
Learn from my mistakes never play the high/low game you will loose it all in the end :'-(
I'm sorry to hear that mate, happened to me a few times too but currently I'm on positive balance since my last deposit (though still negative on my total earning stats) I started very low amount compared to my balance that could stand at least 15 lose streaks (on martingale) and playing with mixed 3x, 2.1x & 1.05x multiplier, just have to learn when to stop almost doubled my balance now at 0.02 BTC (upto 41k RP ), almost busted a few times too this week on another topic, I notice slow withdraw only charges 400 sats lately... way cheaper than weeks ago because of this, I was thinking of using freebitco.in as web wallet to make payments & other things that means, a different btc address will be used for every withdraw would this be ok and not against site rules? myfe, wetsuit? or perhaps one of you have already been doing so all this time? Feel sick even thinking about what ive lost, i had a good strategy too, not martingale you will defo loose all your balance eventually doing that... i deposited 0.2 this morning got it upto 0.51 pretty easily doing what i do on 1.5... i thought about stopping but i just wanted to win just a litte bit more to hopefully pay my credit card debt off then boom everything went to shit, im literally broke, they say only gamble what you can afford to loose, but nothing great comes to those who dont take risks in life, i worked out if i free roll 12 times aday everyday in 14 years il get my 0.5 back XD I now have 0.00001700 theres a long road ahead :-/
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Don Pedro Dinero
Legendary
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Activity: 1512
Merit: 1771
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September 04, 2017, 04:26:21 AM |
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Quote from: Thirdspace on Today at 03:56:48 AM [/quote]
... on another topic, I notice slow withdraw only charges 400 sats lately... way cheaper than weeks ago because of this, I was thinking of using freebitco.in as web wallet to make payments & other things that means, a different btc address will be used for every withdraw would this be ok and not against site rules? myfe, wetsuit? or perhaps one of you have already been doing so all this time? [/quote]
I also use it as an online wallet but just as a savings wallet, I keep there what I earn plus the interest.
However, how would you use it to make payments? If you want to make a payment would you put the address you want to make a payment to as your withdraw address? I am also interested in that.
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[/tabl
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CatFur
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September 04, 2017, 05:47:52 AM |
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Quote from: Thirdspace on Today at 03:56:48 AM
... on another topic, I notice slow withdraw only charges 400 sats lately... way cheaper than weeks ago because of this, I was thinking of using freebitco.in as web wallet to make payments & other things that means, a different btc address will be used for every withdraw would this be ok and not against site rules? myfe, wetsuit? or perhaps one of you have already been doing so all this time?
I also use it as an online wallet but just as a savings wallet, I keep there what I earn plus the interest.
However, how would you use it to make payments? If you want to make a payment would you put the address you want to make a payment to as your withdraw address? I am also interested in that.
I think that's the natural line of logic. I haven't actually 'made payment' to anyone, but if I consider my withdraw to CoinPot as payment [to my account at CoinPot] then I have done so. I think it's just how you use the term. Well people i just lost half a bitcoin on the high/low game feel like crying
Rule number 1) house always wins
Btw i was playing on the 1.5 difficulty and lost so many times it was unreal it defo wasnt random it felt more like i was playing at 100 difficulty it was crazy never experienced anything like it and ive played on there alot and usually seems fair
But that was crazy
Learn from my mistakes never play the high/low game you will loose it all in the end :'-(
I'm sorry to hear that mate, happened to me a few times too but currently I'm on positive balance since my last deposit (though still negative on my total earning stats) I started very low amount compared to my balance that could stand at least 15 lose streaks (on martingale) and playing with mixed 3x, 2.1x & 1.05x multiplier, just have to learn when to stop almost doubled my balance now at 0.02 BTC (upto 41k RP ), almost busted a few times too this week on another topic, I notice slow withdraw only charges 400 sats lately... way cheaper than weeks ago because of this, I was thinking of using freebitco.in as web wallet to make payments & other things that means, a different btc address will be used for every withdraw would this be ok and not against site rules? myfe, wetsuit? or perhaps one of you have already been doing so all this time? Feel sick even thinking about what ive lost, i had a good strategy too, not martingale you will defo loose all your balance eventually doing that... i deposited 0.2 this morning got it upto 0.51 pretty easily doing what i do on 1.5... i thought about stopping but i just wanted to win just a litte bit more to hopefully pay my credit card debt off then boom everything went to shit, im literally broke, they say only gamble what you can afford to loose, but nothing great comes to those who dont take risks in life, i worked out if i free roll 12 times aday everyday in 14 years il get my 0.5 back XD I now have 0.00001700 theres a long road ahead :-/ I don't know how to put this [and if this is appropriate here], but my family and I are staring at losing our house and possibly having to pay a debt of close to half a million dollars because someone else gambled our possessions away. There are risks and there are calculated risks.
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Miiike
Legendary
Offline
Activity: 2030
Merit: 1059
Wait... What?
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September 04, 2017, 09:32:43 AM |
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Feel sick even thinking about what ive lost, i had a good strategy too, not martingale you will defo loose all your balance eventually doing that... i deposited 0.2 this morning got it upto 0.51 pretty easily doing what i do on 1.5... i thought about stopping but i just wanted to win just a litte bit more to hopefully pay my credit card debt off then boom everything went to shit, im literally broke, they say only gamble what you can afford to loose, but nothing great comes to those who dont take risks in life, i worked out if i free roll 12 times aday everyday in 14 years il get my 0.5 back XD
I now have 0.00001700 theres a long road ahead :-/
I hope it could helps you feel better to point out that your loss is actually not that much. You "only" lost 0.2 (it's still very big for me), as it is what you invested this morning, the rest 0.31 you temporarily gain is a opportunity lost, a profit that is "revoked" from you. So yeah, let's not see it as losing half btc, it'll stress you too much. And on the very positive note, your hourly claim should drastically increasing, isn't it?
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