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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 425783 times)
docthusinh
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January 10, 2020, 01:53:33 AM
 #10821

Call me bullish.... Just placed a bet on 1000,000 USD for Bitcoin price 2020. How many of you think it will make it to that level this year?

1000,000 USD ?  or you have put few zero extras while predicting the price of bitcoin in 2020.
Believe me you will lose your bet. That's all i can say about your bet.  Smiley

50,000 USD will also be very hard for the situation right now. As long as mass of the 2018 adopters cannot get out in profit, new money will not flow in. Imaging of a case where many guys have alot of cash sitting in their bank accounts just to wait for any investment opportunity, but they have a friend that joined in 2018 ATH period and still deep in red...as long as this guy is still in red these "alot of cash" guys will not simply put in his money. You will need to see Bitcoin price go up above 20k and stay around that range for long enough to let those ATH buyers get out in profit, only then the hype can begin again.
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January 10, 2020, 03:09:44 AM
 #10822

]

50,000 USD will also be very hard for the situation right now. As long as mass of the 2018 adopters cannot get out in profit, new money will not flow in. Imaging of a case where many guys have alot of cash sitting in their bank accounts just to wait for any investment opportunity, but they have a friend that joined in 2018 ATH period and still deep in red...as long as this guy is still in red these "alot of cash" guys will not simply put in his money. You will need to see Bitcoin price go up above 20k and stay around that range for long enough to let those ATH buyers get out in profit, only then the hype can begin again.

I was one of them, hue hue

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Kakmakr
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January 10, 2020, 07:39:19 AM
 #10823

My bet was placed on the price being $20 000 by the end of 2020 and I am over optimistic with that guess, because I am guided by the previous price history and a 3 year price cycle that are not confirmed. (My own observation)  Roll Eyes

McAfee just make all these wild price predictions to get attention from the media and to keep himself relevant. We all knew he would back out from the bet to cut off his private parts, if he lost that last bet.  Roll Eyes

I hope being conservative, would help to be more accurate with my predictions, but as we know... nothing in Bitcoin is predictable. (Price speculation is mostly based on hidden agendas and hype)  Sad

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BitcoinsGreat
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January 10, 2020, 09:04:05 AM
 #10824

Call me bullish.... Just placed a bet on 1000,000 USD for Bitcoin price 2020. How many of you think it will make it to that level this year?

1000,000 USD ?  or you have put few zero extras while predicting the price of bitcoin in 2020.
Believe me you will lose your bet. That's all i can say about your bet.  Smiley

50,000 USD will also be very hard for the situation right now. As long as mass of the 2018 adopters cannot get out in profit, new money will not flow in. Imaging of a case where many guys have alot of cash sitting in their bank accounts just to wait for any investment opportunity, but they have a friend that joined in 2018 ATH period and still deep in red...as long as this guy is still in red these "alot of cash" guys will not simply put in his money. You will need to see Bitcoin price go up above 20k and stay around that range for long enough to let those ATH buyers get out in profit, only then the hype can begin again.

Even 50,000 USD bitcoin price is hard to achieve this year. If you want a safe bet you can bet that bitcoin will reach 20,000$ by the end of this year. This will be very much possible because bitcoin prices reaches the all time high after every halving and it can continue to do so this year also.
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January 10, 2020, 11:16:42 AM
 #10825

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Nadziratel
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January 10, 2020, 11:27:19 AM
 #10826

The Race to Cryptocurrency's Biggest Prize is Heating Up!
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I couldn't win a 10k sats over a month. What do you think? Can I win this car Smiley

stingray777
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January 10, 2020, 12:13:45 PM
 #10827

Call me bullish.... Just placed a bet on 1000,000 USD for Bitcoin price 2020. How many of you think it will make it to that level this year?

1000,000 USD ?  or you have put few zero extras while predicting the price of bitcoin in 2020.
Believe me you will lose your bet. That's all i can say about your bet.  Smiley

50,000 USD will also be very hard for the situation right now. As long as mass of the 2018 adopters cannot get out in profit, new money will not flow in. Imaging of a case where many guys have alot of cash sitting in their bank accounts just to wait for any investment opportunity, but they have a friend that joined in 2018 ATH period and still deep in red...as long as this guy is still in red these "alot of cash" guys will not simply put in his money. You will need to see Bitcoin price go up above 20k and stay around that range for long enough to let those ATH buyers get out in profit, only then the hype can begin again.

Even 50,000 USD bitcoin price is hard to achieve this year. If you want a safe bet you can bet that bitcoin will reach 20,000$ by the end of this year. This will be very much possible because bitcoin prices reaches the all time high after every halving and it can continue to do so this year also.

20K too wouldnt be a bad bet if one were to just buy and keep for one year from the current point. What factors you think will push the price to 20k? Some say halving some say adoption by new users...
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January 10, 2020, 12:51:18 PM
 #10828

20K too wouldnt be a bad bet if one were to just buy and keep for one year from the current point. What factors you think will push the price to 20k? Some say halving some say adoption by new users...

Here's an interesting thread on the subject where someone who knows a thing or two makes a good point.

Some have said that this halving won't have as much effect as the last two, but it's still a reduction in monetary inflation from 3.7%/yr to 1.8%/yr, which is far from nothing, and in fact I see it as permanently bringing BTC out of the inflationary era and into the deflationary era.





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SirLancelot
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January 10, 2020, 05:22:14 PM
 #10829

There is no 20k option in the bet section? I mean its great that you think it will be 20k but the options are 5k,10k,25k and 50k. Which makes sure that anything over 17.5k goes towards 25k bet and anything under 37.5k goes to 25k bet as well so the 17.5k/37.5k range is definitely consisting of 20k and many numbers in between and definitely is a good bet that I would wager as well however I should point out once again that there is no 20k.

I personally do not bet on the price because it can literally be anything inside a year, bitcoin is too volatile for my taste to bet on something like that however if I were to bet I would probably pick 25k as well, that one has more prices in between with 20 thousand dollar range then any other price that is nearby to current one. Also another thing I realized in betting, Andrew Yang is second most wagered in DNC nominee, dude is 6th right now in polls, dunno if you guys know something I don't but he has a very very slim chance of getting it, it is 100% going to be either biden or bernie and maaaybe warren, no 4th option realistic right now.

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January 11, 2020, 05:09:58 AM
 #10830

20K too wouldnt be a bad bet if one were to just buy and keep for one year from the current point. What factors you think will push the price to 20k? Some say halving some say adoption by new users...

Here's an interesting thread on the subject where someone who knows a thing or two makes a good point.

Some have said that this halving won't have as much effect as the last two, but it's still a reduction in monetary inflation from 3.7%/yr to 1.8%/yr, which is far from nothing, and in fact I see it as permanently bringing BTC out of the inflationary era and into the deflationary era.


Damn this makes it even crazier.. Oh LORD OF CRYPTO!!! Why art though so unpredictable?!

Jokes aside, you got any pointers on what affects BTC price? or lemme rephrase it, does anyone have any idea on how BTC price works?
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January 11, 2020, 05:32:19 AM
 #10831

20K too wouldnt be a bad bet if one were to just buy and keep for one year from the current point. What factors you think will push the price to 20k? Some say halving some say adoption by new users...

Here's an interesting thread on the subject where someone who knows a thing or two makes a good point.

Some have said that this halving won't have as much effect as the last two, but it's still a reduction in monetary inflation from 3.7%/yr to 1.8%/yr, which is far from nothing, and in fact I see it as permanently bringing BTC out of the inflationary era and into the deflationary era.


Damn this makes it even crazier.. Oh LORD OF CRYPTO!!! Why art though so unpredictable?!

Jokes aside, you got any pointers on what affects BTC price? or lemme rephrase it, does anyone have any idea on how BTC price works?

Next week I think the CME will finally launch Bitcoin Options so you guys can start taking bets there pretty much speculating if you really think it will hit $20K or $100K by the end of the year.

Since the futures platform is regulated you don't need to worry about issues with empty insurance funds to cover the losses if BTC indeed does have a crazy rally from here to about $20-$100K.

However you will see when the bitcoin options launch the premium for crazy calls like $20K+ are all going to be cheap because many are fairly confident that it won't reach that high.

So buying these options is more of like a bet, basically low probability, low risk but very high reward if it actually works out. Kind of like playing dice on 5/100 odds.

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January 11, 2020, 08:35:49 AM
 #10832

I am not entirely sure if risking it that much is smart. I mean I understand the need on people to make as much money as possible, I would love to make as much money as possible as well, hell we are on a casinos topic right now proving that we all want to make money, however does risking that much money is the option?

I wouldn't personally use neither trading options nor leverage or anything else but I still think price will go up as well, I just buy bitcoins straight up and that is my gamble, maybe price will go down from this price and I will be wrong but that is a risk I can take with maximum couple thousand loss, on the other hand you leverage or use options and you have a chance to lose it all in a single second if it goes wrong way even a bit, that is not a risk I am willing to take.

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JohnBitCo
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January 11, 2020, 08:49:58 AM
 #10833

The Race to Cryptocurrency's Biggest Prize is Heating Up!
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I couldn't win a 10k sats over a month. What do you think? Can I win this car Smiley

Why not ? Don't be disappointed if you are winning less in a month or so. Golden ticket for a Lambo is a life time opportunity and everyone should try their luck. You never know when you become lucky and won a Lambo which can change your life. I can only suggest that do not miss this life changing chance.
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January 11, 2020, 01:12:20 PM
 #10834

@Betwrong no I didn't buy any of my tickets at all, never bought a single ticket. I got all of it from freerolls and multiply. Been slowly accumulating a big balance on the site and gambling with it, very conservatively with max amount bet 10% of bankroll and always taking advantage of RP bonus.

Oh, I see. So, in fact, I spent more money on lottery tickets than you did. I too receive free tickets every free roll, but since the price is only 1 Satoshi, sometimes I'm tempted to buy more myself, especially when I see that people frequently win good prizes with around 1k tickets(an amount you can't accumulate from free rolls in one week.) As for 1 ticket for every 0.00000500 BTC wagered, I decided that I'd rather buy 1 ticket for 1 satoshi, but if you play Multiply BTC game anyway, then it's a good bonus for you.



It's less than 2 hours left until the bets on "Wolves vs Newcastle" will stop being accepted. I bet on the Draw because I think there are good chances for that, although I know that most people predict Wolves winning the game.

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hosseinimr93
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January 11, 2020, 02:22:51 PM
 #10835

I too receive free tickets every free roll, but since the price is only 1 Satoshi, sometimes I'm tempted to buy more myself, especially when I see that people frequently win good prizes with around 1k tickets(an amount you can't accumulate from free rolls in one week.) As for 1 ticket for every 0.00000500 BTC wagered, I decided that I'd rather buy 1 ticket for 1 satoshi, but if you play Multiply BTC game anyway, then it's a good bonus for you.

It doesn't matter how much a ticket costs. It doesn't make any difference even if each ticket costs 1 mBTC. Because you are not the only person who buys tickets at 1 satoshi.
Also, your chance will not increase if you buy tickets at 0.1 satoshi.

Assume that 200 million tickets have bee distributed among participants and each ticket costs 1 satoshi. You spend 1 mBTC and buy 100,000 tickets. In this case your chance to win the first place of the lottery would be 100,000/200,000,000=0.05%.

If the price of each ticket is 1 mBTC, your chance of winning doesn't change. In this case you will buy 1 ticket with your 1 mBTC and total number of tickets will be 2000. Your chance will be 1/2000=0.05%.

So, if you think buying lottery tickets is a good opportunity because they are cheap, you are completely wrong.
It's like that someone says I prefer dogecoin to bitcoin, because a dogecoin costs only 0.002 dollar. Instead of buying one bitcoin I can buy 4 million dogecoin. Total supply should be also considered. And in a lottery you should pay attention to total number of tickets and also the percentage of the total pool which will be awarded to winners.


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January 11, 2020, 07:52:54 PM
 #10836

Do anyone know how fast we can bet on freebitco.in? Can I make 10 bets per second?

How can I set it up in the dicebot in the programmer mode?
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January 11, 2020, 11:08:49 PM
Last edit: January 12, 2020, 02:41:04 AM by STT
 #10837



You are making me feel tempted for a long punt now, the range for 10k pick would be 7.5k all the way upto 17.5k then.    Thats a really decent range to hit a bet, playing darts with a bullseye the size of a barn door is a game I could win though the prize is divided. Along the way in typical BTC fashion it'll swing to extremes and attract lots of contrary price predictions.  
  My favourite bet used to be to back 1 team and then sell that bet half way through the game while they were doing well.   Even if they lost at full time, I won.

I just buy bitcoins straight up and that is my gamble

Options is a form of leverage as I understand it so the further out the call, say 2021 price in this case the more expensive the option is.   Right near the end they can be near free as quite unlikely, worth checking the price now as I guess its possible they sell too cheaply the 20k call when we all know it is possible.    Generally I would expect to be paying a premium a bit like insurance costs me money and rarely do I celebrate that.  
  A famous seller of options would be Warren Buffet who took the sentiment low around the great recession and wrote high SP500 price options (its all time highs now).   He had to deploy some capital but I have no doubt it paid well for him, also he is famous for running insurance.


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January 11, 2020, 11:42:03 PM
 #10838

I'm not a fan of the lottery as in 4 years I haven't won anything however if people like to play the lottery they could first build up their sats to 30k+ and then earn the daily interest and use that to buy lottery tickets each day. It will take some time if you are starting for free but if you deposit say a few hundred thousand sats you can then buy anywhere from 50 - 100 tickets daily from the interest earned while you don't need to spend the free claims that you earn and as that builds so will the daily interest.



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January 11, 2020, 11:54:40 PM
 #10839

Do anyone know how fast we can bet on freebitco.in? Can I make 10 bets per second?

That's going to depend on the speed of your device and internet latency. You can get more bets per second by running multiple instances simultaneously. From what I have seen 3 bets per second would be more realistic an expectation that 10.

How can I set it up in the dicebot in the programmer mode?

I see you have already found Seuntjies' thread https://bitcointalk.org/index.php?topic=307425.3120

freebitcoin.TO WIN A  LAMBORGHINI!..

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Juggy777
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January 12, 2020, 09:11:19 AM
 #10840

I'm not a fan of the lottery as in 4 years I haven't won anything however if people like to play the lottery they could first build up their sats to 30k+ and then earn the daily interest and use that to buy lottery tickets each day. It will take some time if you are starting for free but if you deposit say a few hundred thousand sats you can then buy anywhere from 50 - 100 tickets daily from the interest earned while you don't need to spend the free claims that you earn and as that builds so will the daily interest.

@vella85 till date even I haven’t won anything from their lottery, and hence I have stopped collecting their lottery tickets instead now I collect more reward points (I have disabled lottery tickets if anyone wishes to do the same). Though there’re times where I see people win their lottery with very few tickets, and I often get tempted to give it a try and accordingly I have decided to collect more Satoshis this year and buy their lottery tickets and test my luck on Freebitco once again.

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