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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 362230 times)
SyGambler
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February 18, 2017, 12:15:58 PM
 #2081

I know that the 5% HE is providing the site with decent profit , but I was wondering if freebitcoin can change their edge to 1%
there are a lot of people visiting freebitcoin daily and if they lower their house edge I guess the volume will go way up since there are many people who love to do faucet and gambling

Well after all the dice isn't their first goal
It's just a cool feature. But they're before anything else, just a faucet Wink

I know that , but they have tons of players and if I own the site I wouldn't waster that traffic only on faucet
if they manage to reduce the edge and keep the lottery with the points system they should have a lot of volume there IMO
so it may double the revenue in freebitcoin only from dice

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valta4065
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February 18, 2017, 12:19:08 PM
 #2082

I know that the 5% HE is providing the site with decent profit , but I was wondering if freebitcoin can change their edge to 1%
there are a lot of people visiting freebitcoin daily and if they lower their house edge I guess the volume will go way up since there are many people who love to do faucet and gambling

Well after all the dice isn't their first goal
It's just a cool feature. But they're before anything else, just a faucet Wink

I know that , but they have tons of players and if I own the site I wouldn't waster that traffic only on faucet
if they manage to reduce the edge and keep the lottery with the points system they should have a lot of volume there IMO
so it may double the revenue in freebitcoin only from dice

Aaaaaaaaaah
That's a good point you're raising
they already have the traffic so why not change the main goal of the site?
Damn I would invest in such a casino ^^

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|
    Bet on Future Blocks & Earn a Passive Income   
             Supports Bitcoin, Ethereum, EOS and more!             
   🎰 Play Lottery
🎲 Play Dice
🍀Get Referral Bonus
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trilyuner
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February 18, 2017, 12:46:57 PM
 #2083

I know that the 5% HE is providing the site with decent profit , but I was wondering if freebitcoin can change their edge to 1%
there are a lot of people visiting freebitcoin daily and if they lower their house edge I guess the volume will go way up since there are many people who love to do faucet and gambling

Well after all the dice isn't their first goal
It's just a cool feature. But they're before anything else, just a faucet Wink

I know that , but they have tons of players and if I own the site I wouldn't waster that traffic only on faucet
if they manage to reduce the edge and keep the lottery with the points system they should have a lot of volume there IMO
so it may double the revenue in freebitcoin only from dice

very agree sir, should lower HE and it will awesome
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February 18, 2017, 02:32:22 PM
 #2084

why we couldn't change the provably fair
There are an option for you to key in your own client seed if you click on the provably fair wording that is being bold in their multiply BTC page, but unlike most dice site, freebitco.in doesn't seems to have the function to allow user to generate a new random server seed hash.

But with the high house edge on the site, I think it would be better to play dice on other sites, I mostly use this site as a faucet and to claim the free lottery tickets, I am still waiting to win my first lottery draw after 1 year  Smiley

Not only you but almost all users are waiting from start of this lottery system to see if really any real users have won the lottery as till now not a real users genuine have claimed of winning the lottery. Their faucet is only fair but other all games like dice and lottery are both unfair and manipulated by the site owner.
That is quite true as even i have not heard anyone winning the lottery but a few months back somebody won the highest amount in lucky roll which is above 0.1 bitcoin and he started a thread over here regarding the win.If i remember correctly i joined this site by 2014 and never heard anyone winning the lottery.

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March 08, 2017, 09:36:36 AM
 #2085

Does anyone know how the bonus of 100% BTC work? If I, lets say activate bonus with 0.3 BTC I will get 0.6 BTC, right? But does it mean that I have to wager 0.6 BTC 40 times and will not be able to withdraw my initial 0.3 BTC until that condition is met, or is it possible to withdraw my 0.3 BTC and just try to wager the bonus 0.3 BTC and make profit from it?


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SOVREN

Blockchain Innovation for Securities Markets      Current STO Sale Price
          Trade. Pay. Borrow. Play.   ─────────────────────        1 SVRN = $1.00









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Dav7
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March 08, 2017, 09:54:28 AM
 #2086

Got my 6th payment:


Did you guys saw this news?

Quote
Your FreeBitco.in account is now also a bitcoin savings account!

Receive compounded daily interest on any balance that you hold in your FreeBitco.in account, without doing anything.

All you need to do is mantain a balance of at least 30,000 satoshi (0.0003 BTC) in your FreeBitco.in account and we shall pay you compounded interest on your full balance everyday. There is no lock-in period to earn interest (you start earning interest right from the first day!) and your balance can be withdrawn any time you wish. Treat your FreeBitco.in account like an instant-access savings account to hold your excess bitcoins and earn passive interest on your account balance everyday.

ANNUAL INTEREST RATE
4.08%

sikkan
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March 08, 2017, 09:57:02 AM
 #2087

Got my 6th payment:


Did you guys saw this news?

Quote
Your FreeBitco.in account is now also a bitcoin savings account!

Receive compounded daily interest on any balance that you hold in your FreeBitco.in account, without doing anything.

All you need to do is mantain a balance of at least 30,000 satoshi (0.0003 BTC) in your FreeBitco.in account and we shall pay you compounded interest on your full balance everyday. There is no lock-in period to earn interest (you start earning interest right from the first day!) and your balance can be withdrawn any time you wish. Treat your FreeBitco.in account like an instant-access savings account to hold your excess bitcoins and earn passive interest on your account balance everyday.

ANNUAL INTEREST RATE
4.08%

Yep, I got the info too!

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SOVREN

Blockchain Innovation for Securities Markets      Current STO Sale Price
          Trade. Pay. Borrow. Play.   ─────────────────────        1 SVRN = $1.00









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kotwica666
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March 08, 2017, 10:19:42 AM
 #2088


"Your FreeBitco.in account is now also a bitcoin savings account!"

Congratulation Freebitco.in and @wetsuit! Very interesting idea! I am impressed with your marketing skills!
This is an example of how much can be done with patience and consistent actions!
I wish you many years of management like this and many further great ideas!
Well done!
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March 08, 2017, 10:53:32 AM
Last edit: March 08, 2017, 11:03:39 AM by wetsuit
 #2089


"Your FreeBitco.in account is now also a bitcoin savings account!"

Congratulation Freebitco.in and @wetsuit! Very interesting idea! I am impressed with your marketing skills!
This is an example of how much can be done with patience and consistent actions!
I wish you many years of management like this and many further great ideas!
Well done!

Thank you for the kind words!

We have now updated the page to include a signed message from the bitcoin address that we use for mining to prove that we actually do mine. You can also see our mining power at https://slushpool.com/stats/hall-of-fame/ (bottom left table, with username wetsuit) and at https://www.miningrigrentals.com/rigs/35192. The total of both places should be around 5.3 Petahashes but we have another 1.3 PH ordered and awaiting delivery (should be active in 7-10 days) and then another 0.6 PH in 1-2 weeks after that which should bring us to more than 7 PH. The additional capacity will show up at Slush pool when it has been installed.

Also, below is a signed message from the address that we use for mining (also available in the website in the EARN BTC page):

Address:
Quote
176sh81PQupUsFyX6hNL2PTYydSuL7Wu73
Message:
Quote
This is the FreeBitco.in mining address where payouts from our mining operation are received.
Signature:
Quote
G/9zZX+eSDxwZ78L9IIpEabi2BDdzAH67/mGRxozOsSdWxWhunooqPEBlEVKdkS735hN/AbYTXssD57TLsrSO5k=

Can be verified using your bitcoin client or at http://www.coinig.com.

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March 08, 2017, 10:55:42 AM
 #2090

I must say I´m impressed! From a pure faucet to dice, invest, lotto, mining and stuff you have really come a long way! GZ to you guys Smiley

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torry28
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March 08, 2017, 11:01:59 AM
 #2091


Also, below is a signed message from the address that we use for mining (also available in the website in the EARN BTC page):

Address:
Quote
176sh81PQupUsFyX6hNL2PTYydSuL7Wu73
Message:
Quote
This is the FreeBitco.in mining address where payouts from our mining operation are received.
Signature:
Quote
G/9zZX+eSDxwZ78L9IIpEabi2BDdzAH67/mGRxozOsSdWxWhunooqPEBlEVKdkS735hN/AbYTXssD57TLsrSO5k=

Can be verified using your bitcoin client or at http://www.coinig.com.
Quoted and Confirmed via coinig

With 4.08% interest annually, it's higher than interest on bank (around 2-3% annually).
Is there any assurance if something bad happened (hope not) with our money?
kotwica666
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March 08, 2017, 11:09:24 AM
 #2092


"Your FreeBitco.in account is now also a bitcoin savings account!"

Congratulation Freebitco.in and @wetsuit! Very interesting idea! I am impressed with your marketing skills!
This is an example of how much can be done with patience and consistent actions!
I wish you many years of management like this and many further great ideas!
Well done!

Thank you for the kind words!

We have now updated the page to include a signed message from the bitcoin address that we use for mining to prove that we actually do mine. You can also see our mining power at https://slushpool.com/stats/hall-of-fame/ (bottom left table, with username wetsuit) and at https://www.miningrigrentals.com/rigs/35192. The total of both places should be around 5.3 Petahashes but we have another 1.3 PH ordered and awaiting delivery (should be active in 7-10 days) and then another 0.6 PH in 1-2 weeks after that which should bring us to more than 7 PH. The additional capacity will show up at Slush pool when it has been installed.

Also, below is a signed message from the address that we use for mining (also available in the website in the EARN BTC page):

Address:
Quote
176sh81PQupUsFyX6hNL2PTYydSuL7Wu73
Message:
Quote
This is the FreeBitco.in mining address where payouts from our mining operation are received.
Signature:
Quote
G/9zZX+eSDxwZ78L9IIpEabi2BDdzAH67/mGRxozOsSdWxWhunooqPEBlEVKdkS735hN/AbYTXssD57TLsrSO5k=

Can be verified using your bitcoin client or at http://www.coinig.com.

Now you blow up my mind! So I understand that mining is to cover interst of deposits/account balance, right? Or maybe you think also about renting some power - I mean something like cloud mining?
paul gatt
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March 08, 2017, 11:17:41 AM
 #2093

This is one of the longest and most reputable faucets I have ever known, although it is quite a bit, but we can earn more with bonus activities and redemption coupons. In addition, we can also play gambling here, traditional games but special, it is very interesting. I have been using it, but I was not lucky enough to participate in the games here, I hope someday lucky to come to me. Do not be discouraged when you can not reach the desired amount
wetsuit
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March 08, 2017, 11:24:54 AM
 #2094

Now you blow up my mind! So I understand that mining is to cover interst of deposits/account balance, right? Or maybe you think also about renting some power - I mean something like cloud mining?

We buy and own all our miners, we do not rent "cloud mining" power because 75% of them are ponzi's and the remaining 25% are almost always unprofitable.


With 4.08% interest annually, it's higher than interest on bank (around 2-3% annually).
Is there any assurance if something bad happened (hope not) with our money?


We plan to expand quite conservatively and do hedge against the bitcoin price rising too quickly or the mining difficulty jumping to ensure that we always make a profit in bitcoin (not only in USD). This way, growth is slower but profits are consistent and fairly predictable.

If you mean that we could run away with your money, that is always a possibility but we probably stand to make more by running a honest business than by scamming. Also, it is a bit difficult to "run away" with a million dollars+ worth of equipment weighing a few tons. It wouldn't be too difficult for someone to track us or our miners. We have already invested over 1,000 bitcoins in the mining operation and unlike most other cloud mining service we do provide actual proof of mining.

kotwica666
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March 08, 2017, 11:32:52 AM
 #2095

Now you blow up my mind! So I understand that mining is to cover interst of deposits/account balance, right? Or maybe you think also about renting some power - I mean something like cloud mining?

We buy and own all our miners, we do not rent "cloud mining" power because 75% of them are ponzi's and the remaining 25% are almost always unprofitable.


You misunderstood me Smiley I know that miners are yours. I'm asking if you think to open in future something like cloud mining service and rent your power?
wetsuit
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March 08, 2017, 11:37:44 AM
 #2096

Now you blow up my mind! So I understand that mining is to cover interst of deposits/account balance, right? Or maybe you think also about renting some power - I mean something like cloud mining?

We buy and own all our miners, we do not rent "cloud mining" power because 75% of them are ponzi's and the remaining 25% are almost always unprofitable.


You misunderstood me Smiley I know that miners are yours. I'm asking if you think to open in future something like cloud mining service and rent your power?

Simply buying cloud mining power will most certainly not be profitable for users because they usually do not hedge against price and difficulty increases. We would prefer to manage everything ourselves and just give a fixed return to the user so that the investment is truly passive and risk-free for them.

kotwica666
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March 08, 2017, 11:57:30 AM
 #2097

Now you blow up my mind! So I understand that mining is to cover interst of deposits/account balance, right? Or maybe you think also about renting some power - I mean something like cloud mining?

We buy and own all our miners, we do not rent "cloud mining" power because 75% of them are ponzi's and the remaining 25% are almost always unprofitable.


You misunderstood me Smiley I know that miners are yours. I'm asking if you think to open in future something like cloud mining service and rent your power?

Simply buying cloud mining power will most certainly not be profitable for users because they usually do not hedge against price and difficulty increases. We would prefer to manage everything ourselves and just give a fixed return to the user so that the investment is truly passive and risk-free for them.

Fair enough! One more time congratulation of impressive progress!
With pleasure I will watch further development and waiting for new ideas!
Good luck!
Dav7
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March 08, 2017, 02:48:28 PM
 #2098

Wait a minute, @wetsuit is the owner of this great faucet?? I didn't knew that Cheesy

Betwrong
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March 08, 2017, 04:52:20 PM
 #2099

I was posting some time ago about seeing no ads on freebitco.in but now there is an ad for "The Bitcoin Aggregator" and I see some others sometimes. I'm wondering do we see different ads in different parts of the world?

Btw, from my point of view FreeBitco.in is the best bitcoin faucet in the world. They always pay on time.

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BitcoinMarshal
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March 08, 2017, 05:03:35 PM
 #2100

Wait a minute, @wetsuit is the owner of this great faucet?? I didn't knew that Cheesy
Yes he is owner of this faucet
I was posting some time ago about seeing no ads on freebitco.in but now there is an ad for "The Bitcoin Aggregator" and I see some others sometimes. I'm wondering do we see different ads in different parts of the world?

Btw, from my point of view FreeBitco.in is the best bitcoin faucet in the world. They always pay on time.
Yes freebitco is doing different adds for different part of world yes its best faucet for long time because paying surely every week
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