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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 421418 times)
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October 22, 2019, 09:40:00 PM
 #10141

As you can see from the diagram above, the are over 4 billion active internet users, and surely most of them don't have spare money to invest in Bitcoin. But what they can do is claiming the faucet on freebitco.in. It won't make them rich, but at least they can be proud to be Bitcoin holders. Regardless of the amount, for some it's a psychological thing, which makes you feel better overall.
Don't these people from poor countries pay money for the Internet they use? Don't they need some device like a PC or a mobile phone?
I don't think a person who is starving can afford to pay money for Internet. Faucets are not enough even for paying the Internet expenses.
Its good reply in many countries Internet provider fees is very high and these faucets cannot fill this and PC is also not affordable in many places its just for very few in developing countries who can afford these things still in many places these faucets are not good enough for expenses.
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October 22, 2019, 11:58:00 PM
Last edit: October 23, 2019, 01:34:04 AM by STT
 #10142

Apparently India is one of the cheapest places on earth for mobile internet.   Western companies trying to break into an emerging market with 1 billion people and a majority of them under 30 are willing to outbid each other to the extent its barely profitable for them at present.   Perfect capitalism which is ironic as India has had problems with extreme regulation in the past, arguably still does.
    So the problem isnt the fees exactly but maybe infrastructure ( I dont think shanty towns have proper wiring or mobile phone masts) and certainly the ongoing standard of wages in the country and ability to purchase things like phones.     If can you afford the phone then you have a job, are busy doing that, the faucet thing is kinda of a null argument similar to everywhere.   Its just a bonus, mostly its always been this way and I can maybe remember 1000 sats or similar on a faucet but I think we're probably also talking about 300 or 400 dollars worth for BTC at the time and it was lower then that for ages.
   I kinda laugh when people moan about the price being down and I see we remain massively above 5000 and its not especially negative day to day.   I wouldn't mind the BTC price blipping down to 10 USD for an hour, I claim on the faucet twice maybe and then it rebounds right back up because the price was glitched like happened to major stocks once.  Dont think its happening but possibly its a good point about volatility, if we find ourselves falling to 3k or even 6k it would be a stretched type situation and quite probably temporary.
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October 23, 2019, 05:53:05 AM
 #10143

As you can see from the diagram above, the are over 4 billion active internet users, and surely most of them don't have spare money to invest in Bitcoin. But what they can do is claiming the faucet on freebitco.in. It won't make them rich, but at least they can be proud to be Bitcoin holders. Regardless of the amount, for some it's a psychological thing, which makes you feel better overall.
Don't these people from poor countries pay money for the Internet they use? Don't they need some device like a PC or a mobile phone?
I don't think a person who is starving can afford to pay money for Internet. Faucets are not enough even for paying the Internet expenses.

Yeah, I agree and disagree here.

But sometimes it isn't just about money really, but access.

Now imagine if you wanted to own a bit of bitcoin, where do you buy it from? An exchange? or P2P? What do you need? a bank account to transfer some funds, right? And identification maybe to be able to use the platform. A lot more difficult.

But if you had, maybe a cheap semi smartphone with a simple browser. And can access cheap or free internet, you need only click claim to get a bit of btc. Not much, but some. And in a few years maybe the few cents becomes a few dollars, or more. It's something!



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October 23, 2019, 09:42:02 AM
 #10144

Odds for re-election of Trump is 1.39. That's one easy bet.

Who is going to stand against him? Clinton? Again? Bernie is gone too. Biden? Don't be kidding.

He lowered the standards so much, nobody will be able to compete against him. (nobody decent at least) He is going to trump the shit out of every other candidate. %60+

If there is no much candidate here then Trump will win directly without having a fight. And 1.39 odds will be a really good payout here to be honest, we all should put huge amount in case this is for real. But still this is still a long way to go. We wont expect people to put their money here in the first place since it will be going to stuck until the bet is end Cheesy
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October 23, 2019, 12:32:30 PM
 #10145

Even the one who are earning good, it is not possible for them spare money from their job and business and invest in bitcoins. If anyone think faucet amount is too low , they could join any bounty etc and do some skill to get some satoshi.

When i came to know about bitcoins, the first thing i did was faucets from FreeBitco.in and that was my first satoshi. I kept on doing a lot of faucets in the beginning. Many of those faucet site have ended or i have forgot about them, but i still have my account FreeBitco.in and i do login it sometimes and it takes me in the sweet memories of the past.

For those who are new in bitcoins and no extra money to buy bitcoins, faucets are blessing for them.
Don't forget the fact that every time you claim you are getting lottery tickets so one could get super rich in third world country standards all of a sudden all thanks to this.

Plus, if you keep doing it long enough you could use your reward points for first more reward points than for more money than again more reward points so all in all you would be making a lot more money plus you would be still making a decent amount of reward points even if not as much as you use to.

This website is no longer supported by advertisements so when everyone collects free money and gives nothing back they can't sustain forever, they would go bankrupt, so we should not see this as only a faucet but a combination of many things. Plus there is investment right now and I love that as well.

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October 23, 2019, 12:57:59 PM
 #10146

every time you claim you are getting lottery tickets so one could get super rich in third world country standards all of a sudden all thanks to this.

super rich ? the prize isnt hundred  millions or billions on here  and regular claimers can only recieve small amount of tickets and thier chance of winning is still small but if they win i think they will be placed on lower numbers and only get consolacion prize .

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Plus, if you keep doing it long enough you could use your reward points for first more reward points than for more money than again more reward points so all in all you would be making a lot more money plus you would be still making a decent amount of reward points even if not as much as you use to.
reward points isnt equivalent to money but it those rp's are like power ups which can be used to activate other bonuses  . im a long time member here but i cant make the most out of them . faucets cant make you rich even if you put alot of effort .

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This website is no longer supported by advertisements so when everyone collects free money and gives nothing back they can't sustain forever, they would go bankrupt, so we should not see this as only a faucet but a combination of many things. Plus there is investment right now and I love that as well.
but they have ads before ? i havent seen one before  . they started a long time ago but they are still alive which means they can sustain the site without the help of ads  .

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October 23, 2019, 01:23:14 PM
 #10147

As you can see from the diagram above, the are over 4 billion active internet users, and surely most of them don't have spare money to invest in Bitcoin. But what they can do is claiming the faucet on freebitco.in. It won't make them rich, but at least they can be proud to be Bitcoin holders. Regardless of the amount, for some it's a psychological thing, which makes you feel better overall.
Don't these people from poor countries pay money for the Internet they use? Don't they need some device like a PC or a mobile phone?
I don't think a person who is starving can afford to pay money for Internet. Faucets are not enough even for paying the Internet expenses.

Well, I wasn't talking about those who are starving, but rather about those who don't have spare money for any investment. According to World Hunger Statistics, "Some 795 million people in the world do not have enough food to lead a healthy active life." Probably these 800 million people indeed don't have internet access, but I bet over a billion of those who have, still can't afford buying Bitcoin, or gold, or anything else apart from bare necessities.

~
But if you had, maybe a cheap semi smartphone with a simple browser. And can access cheap or free internet, you need only click claim to get a bit of btc. Not much, but some. And in a few years maybe the few cents becomes a few dollars, or more. It's something!

I agree with you.

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October 23, 2019, 05:07:10 PM
 #10148

It is sad to see my country has higher cost internet costs than even the richest countries, we are a poor country yet our mobile plans are still at the rate of a big rich country like USA. India is doing it right because without competition the prices would have been super high there as well and most people would still get it, sure there would be some people who wouldn't but the overall profits would still have been higher thanks to no regulations and high prices.

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October 24, 2019, 07:51:18 AM
 #10149

Guys, it's the FINAL week before the Lambo contest ends! Can't believe it came so quickly, but I'm proud to say I've already got 3-digit ticket numbers haha.

And this huge wagering I've been doing in past weeks is making me so nervous. Still in loss overall, but this will be another lottery week of over 40k, probably even 50k or 60k tickets and right now 0.33% chance to win.

Maybe my luck comes!



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October 24, 2019, 02:18:58 PM
 #10150

I can't believe it has been 6 months, I still have not enough tickets to my liking, I wanted to finish with 100 and I am down a lot. It doesn't really matter anyway, if you win you can win with 1 ticket, 100 tickets wouldn't be really that much of a difference on the scale of things considering how many people have entered as well (or at least how many tickets have been sold).

I would like to ask wetsuit or thequin if this was profitable? I mean you have given away tickets for free both on deposits for a while and have been giving away from the wagering so maybe you made a ton of profit from that part or maybe not (you could maybe see the difference before the lambo and after the lambo casino profits) but in the end I feel like there must be a lot of money made from just pure ticket selling as well. Will you guys profit? Lose? Break evenish?

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October 24, 2019, 03:00:25 PM
 #10151

I can't believe it has been 6 months, I still have not enough tickets to my liking, I wanted to finish with 100 and I am down a lot. It doesn't really matter anyway, if you win you can win with 1 ticket, 100 tickets wouldn't be really that much of a difference on the scale of things considering how many people have entered as well (or at least how many tickets have been sold).

I would like to ask wetsuit or thequin if this was profitable? I mean you have given away tickets for free both on deposits for a while and have been giving away from the wagering so maybe you made a ton of profit from that part or maybe not (you could maybe see the difference before the lambo and after the lambo casino profits) but in the end I feel like there must be a lot of money made from just pure ticket selling as well. Will you guys profit? Lose? Break evenish?

It's simple. They could already afford the Lambo to begin with.

Of course the giveaway must not be too easy, hence the betting and deposit minimums. So imagine highrollers and other players wagering more than usual to claim the tickets. Those additional profits then recuperate the cost of the Lambo.


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October 24, 2019, 09:34:14 PM
 #10152

Guys, it's the FINAL week before the Lambo contest ends! Can't believe it came so quickly, but I'm proud to say I've already got 3-digit ticket numbers haha.

And this huge wagering I've been doing in past weeks is making me so nervous. Still in loss overall, but this will be another lottery week of over 40k, probably even 50k or 60k tickets and right now 0.33% chance to win.

Maybe my luck comes!
Its really to much I never done any thing like this for lottery because I beleive its mostly matter of luck but after checking your this post feeling good for you hopefully this works for you because its really good if member from here have prize like this best luck and my all best wishes for you. Smiley
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October 24, 2019, 10:01:21 PM
 #10153

I would like to ask wetsuit or thequin if this was profitable? I mean you have given away tickets for free both on deposits for a while and have been giving away from the wagering so maybe you made a ton of profit from that part or maybe not (you could maybe see the difference before the lambo and after the lambo casino profits) but in the end I feel like there must be a lot of money made from just pure ticket selling as well. Will you guys profit? Lose? Break evenish?
Given the current price of bitcoin, 200,000 dollars is equal to 26 BTC. As the house edge is 5%, Freebitco needs 520 BTC to be wagered to earn those 26 bitcoins. According to statistics shown on the website, yesterday's wagering volume was 156 bitcoins. So it doesn't takes even a week to earn those 26 bitcoins.
However they are paying for weekly lotteries and contests too, 26 BTC is not a big amount of BTC for Freebitco.

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October 24, 2019, 11:08:36 PM
Last edit: October 24, 2019, 11:18:52 PM by STT
 #10154

They've made a profit on it imo, I think it was said its not actually hedged out but seems quite clear it was a success in selling enough tickets to cover the prize 100%   I'd be surprised if it was a one off but maybe some Tesla next time as thats topical and trendy car to have and I doubt 90% of this thread lives near a good size racetrack that can actually take a supercar of this size and give it space to stretch its legs.   Living in a city with such a car is like keeping a cheetah in a 1 bed flat all its life.
Valid candidates for a prize of super car stature would also include something off road like a Merc G wagon I think


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October 25, 2019, 12:25:59 AM
Merited by Herbert2020 (1)
 #10155

They've made a profit on it imo, I think it was said its not actually hedged out but seems quite clear it was a success in selling enough tickets to cover the prize 100%   I'd be surprised if it was a one off but maybe some Tesla next time as thats topical and trendy car to have and I doubt 90% of this thread lives near a good size racetrack that can actually take a supercar of this size and give it space to stretch its legs.   Living in a city with such a car is like keeping a cheetah in a 1 bed flat all its life.
Valid candidates for a prize of super car stature would also include something off road like a Merc G wagon I think

@Everyone speculating about this.

We certainly didn't sell enough tickets to cover the cost. Last time I check 99.5% were given away. It's not possible to say for sure if it was profitable as the income is 5% of the increase in turnover caused by running the promotion. We have done well over the last 6 months but you can't know if that was due to the Lambo or other factors.

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October 25, 2019, 02:05:43 AM
 #10156

FREEBITCO  IN   needs make Bets for south american footballs  and next great  game is Flamengo(brazilian) and River Plate(argentina) ..  in Big Final of Libertarians Cup >>on november 23/  2019   SANTIAGO/CHILE

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October 25, 2019, 10:46:45 AM
 #10157

As you can see from the diagram above, the are over 4 billion active internet users, and surely most of them don't have spare money to invest in Bitcoin. But what they can do is claiming the faucet on freebitco.in. It won't make them rich, but at least they can be proud to be Bitcoin holders. Regardless of the amount, for some it's a psychological thing, which makes you feel better overall.
Don't these people from poor countries pay money for the Internet they use? Don't they need some device like a PC or a mobile phone?
I don't think a person who is starving can afford to pay money for Internet. Faucets are not enough even for paying the Internet expenses.

So, it means still about 1/3 of the world population does not have internet, so you can imagine that those who do, there are some just living just a bit better than the poorest people of the world.

And no, I do not think everyone pays for internet. I get very basic internet free (very slow) and you can have a very cheap phone that is not even a full smartphone.



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October 25, 2019, 12:35:37 PM
 #10158

Why there is not option - sell gold tickecks? I have 145 and would like to sell or so.
Sure not for 100% of price  . 
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October 25, 2019, 02:12:37 PM
 #10159

Thequin how could you say "other factors" when there is literally a lambo giveaway on the website Cheesy lol, it is obvious that lambo did managed to help you guys out to get bigger.

You are saying the %99.5 of it was "givenaway" but considering there is 5.75 million tickets sold even 50k of it being bought at 25k satoshi each would equal to 12 bitcoins, which means around 100k tickets bought regularly, I am not even talking about the part where you guys given away tickets to people who gambled 50k satoshi, even at 5 million of those equals to 2500 bitcoins gambled, sure there could be wins as well as losses but on average at 5% you should be looking at 125!!! bitcoins, which equals to close to a million dollars.

Now, I am not saying you should come up and say "we struck gold with this" but if you ever try to mean you didn't profit like a King over this, you are being a liar.

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October 25, 2019, 03:48:21 PM
 #10160

...

Now, I am not saying you should come up and say "we struck gold with this" but if you ever try to mean you didn't profit like a King over this, you are being a liar.

Why would he lie? He already told us many times the website is doing great in general. What is he going to gain now for saying that the lottery wasn't a big success? To me he is just being honest about what's going on.




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