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Author Topic: FreeBitco.in - Win free Bitcoins every hour!  (Read 206267 times)
valta4065
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March 13, 2017, 12:53:56 AM
 #2161

I wonder how this "legend" site have started. It may sound silly but when I am new to bitcoin, (that means about a year ago), I got addicted to freebitco.in . The simplicity of the site, is best for newbies/beginners. Although, it may also be the reason why a newbie would turn out to be a gambler.(self-experience).

This site is really pretty addicted when you are on low rank on bct, this site is really hekpful for every newbie to earn some cash or may be if they are lucky enough they will need to get 10000 or may be win some lucky lottery to earn better. This site is not really bad even for experience people but sometimes gambler always want to get more and more that is why this site always not suitable for them

Even for newbie this site is useless as they are paying the lowest pay in faucet and their lottery system is fully manipulated and all new ids are getting winners which are most of them of site owners. Dice gambling is also very waste as their house edge is the highest
The only thing that will make you earn in this site is having many referrals that is active, but doing the faucet thing and the dice, oh come on, their house edge is way too high than all dice sites, except pocketdice.io.

This is just a faucet site and not a gambling site, so it is not a good idea to use their dice game. If one want to play the dice game, then go to any pure gambling site to play. But recently owner is trying his best in attract more people his site by adding many new features to the site. Still, it is best place for a newbie to earn some free coins.

Yeah, this is faucet site from the start but I think nowadays their dice games is pretty well known now and seems that many people are playing on their dice sites too to earn some lottery ticket, so I dont really think that they have bad influences on their dice games. The only thing is only they have huge house edge which is bad for a long run


As name stated it is named after the faucet itself and dice aswell as the lottery is just its feature but after the long the run their faucet is not profitable i think since their main advertisers turning down their advertising contract with them and it turns out that this site is relying to its dice site and the lottery so that they can survive, I can say that they where successfull with this but surely they will got a great success if they will just lower down their house edge since this is the main concern of the players and critics here.

Who said that faucet is a profitable thing to do? You are really wasting your time when you keep on doing it but when you have time to claim it, you may do it but to put it on a long term, I dont think it will do, because this is just a small amount. I dont think that they only get income from only dice games, people will sure put some advertisement on their site, this is their source of income as I can say. Dice only some part of it, because big whale dont want to play on their big house edge site

Yeah I don't know how they managed to survive in fact...
It's a very old faucet but how did they manage to stay when so many others disappeared?

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March 13, 2017, 01:10:25 AM
 #2162

Is there any risk that the new savings thins (4% per year) is one of those ponzi schemes?
This is what wetsuit has said
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.
And this when i asked,  

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.
The final decision still in your hand, but from his answer, i can say wetsuit is a honest guy.

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March 13, 2017, 06:44:39 AM
 #2163

Is there any risk that the new savings thins (4% per year) is one of those ponzi schemes?
This is what wetsuit has said
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.
And this when i asked,  

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.
The final decision still in your hand, but from his answer, i can say wetsuit is a honest guy.

Really? Ok, ask Wetsuit to show you the regulatory approval for him to "offer" banking services to the public. There are several applications that needs to be done to operate as a bank. { Deposits / interest / withdrawals ....}

Where is the approval for a federal or state charter? All insured banks must comply with the capital adequacy guidelines of their primary federal regulator (Federal Reserve, FDIC, or OCC).

These regulations are put in place for people to show that they have capital to support its risk profile, operations, and future growth even in the event of unexpected losses.

If he says that he does not operate as a bank, then other regulatory approval is needed to operate a business where you pay dividends or "shares" or interest on deposits. ^hmmmmmmm^


freemanjackal
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March 13, 2017, 05:53:01 PM
 #2164

I wonder how this "legend" site have started. It may sound silly but when I am new to bitcoin, (that means about a year ago), I got addicted to freebitco.in . The simplicity of the site, is best for newbies/beginners. Although, it may also be the reason why a newbie would turn out to be a gambler.(self-experience).

This site is really pretty addicted when you are on low rank on bct, this site is really hekpful for every newbie to earn some cash or may be if they are lucky enough they will need to get 10000 or may be win some lucky lottery to earn better. This site is not really bad even for experience people but sometimes gambler always want to get more and more that is why this site always not suitable for them

Even for newbie this site is useless as they are paying the lowest pay in faucet and their lottery system is fully manipulated and all new ids are getting winners which are most of them of site owners. Dice gambling is also very waste as their house edge is the highest
The only thing that will make you earn in this site is having many referrals that is active, but doing the faucet thing and the dice, oh come on, their house edge is way too high than all dice sites, except pocketdice.io.

This is just a faucet site and not a gambling site, so it is not a good idea to use their dice game. If one want to play the dice game, then go to any pure gambling site to play. But recently owner is trying his best in attract more people his site by adding many new features to the site. Still, it is best place for a newbie to earn some free coins.

Yeah, this is faucet site from the start but I think nowadays their dice games is pretty well known now and seems that many people are playing on their dice sites too to earn some lottery ticket, so I dont really think that they have bad influences on their dice games. The only thing is only they have huge house edge which is bad for a long run


As name stated it is named after the faucet itself and dice aswell as the lottery is just its feature but after the long the run their faucet is not profitable i think since their main advertisers turning down their advertising contract with them and it turns out that this site is relying to its dice site and the lottery so that they can survive, I can say that they where successfull with this but surely they will got a great success if they will just lower down their house edge since this is the main concern of the players and critics here.

Who said that faucet is a profitable thing to do? You are really wasting your time when you keep on doing it but when you have time to claim it, you may do it but to put it on a long term, I dont think it will do, because this is just a small amount. I dont think that they only get income from only dice games, people will sure put some advertisement on their site, this is their source of income as I can say. Dice only some part of it, because big whale dont want to play on their big house edge site
true, advertisement is their main sourse of income, the house edge is too big for attracting great users, just those starting on bitcoins, and faucets gives a small amount but usefull for btc newbies

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March 13, 2017, 08:23:23 PM
 #2165

And small amounts of the purchases become something, you have to start somewhere, and it's free capital to start.

Question that bothers all is: why a site that gives so much now gives even interest?
Many skeptics appeared, and I am one of them,

As far as casino odds are 50-50 which is tempting, but still need to know that if I get someone loses and vice versa, and the house always gets even a small part
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March 14, 2017, 02:47:51 PM
 #2166

I wonder how this "legend" site have started. It may sound silly but when I am new to bitcoin, (that means about a year ago), I got addicted to freebitco.in . The simplicity of the site, is best for newbies/beginners. Although, it may also be the reason why a newbie would turn out to be a gambler.(self-experience).

This site is really pretty addicted when you are on low rank on bct, this site is really hekpful for every newbie to earn some cash or may be if they are lucky enough they will need to get 10000 or may be win some lucky lottery to earn better. This site is not really bad even for experience people but sometimes gambler always want to get more and more that is why this site always not suitable for them

Even for newbie this site is useless as they are paying the lowest pay in faucet and their lottery system is fully manipulated and all new ids are getting winners which are most of them of site owners. Dice gambling is also very waste as their house edge is the highest
The only thing that will make you earn in this site is having many referrals that is active, but doing the faucet thing and the dice, oh come on, their house edge is way too high than all dice sites, except pocketdice.io.

This is just a faucet site and not a gambling site, so it is not a good idea to use their dice game. If one want to play the dice game, then go to any pure gambling site to play. But recently owner is trying his best in attract more people his site by adding many new features to the site. Still, it is best place for a newbie to earn some free coins.

Yeah, this is faucet site from the start but I think nowadays their dice games is pretty well known now and seems that many people are playing on their dice sites too to earn some lottery ticket, so I dont really think that they have bad influences on their dice games. The only thing is only they have huge house edge which is bad for a long run


As name stated it is named after the faucet itself and dice aswell as the lottery is just its feature but after the long the run their faucet is not profitable i think since their main advertisers turning down their advertising contract with them and it turns out that this site is relying to its dice site and the lottery so that they can survive, I can say that they where successfull with this but surely they will got a great success if they will just lower down their house edge since this is the main concern of the players and critics here.

Who said that faucet is a profitable thing to do? You are really wasting your time when you keep on doing it but when you have time to claim it, you may do it but to put it on a long term, I dont think it will do, because this is just a small amount. I dont think that they only get income from only dice games, people will sure put some advertisement on their site, this is their source of income as I can say. Dice only some part of it, because big whale dont want to play on their big house edge site

Yeah I don't know how they managed to survive in fact...
It's a very old faucet but how did they manage to stay when so many others disappeared?

Because they have really attractive thing to give each new members like huge payput of hitting 10000 and lottery which give you really huge payout, more than 1 btc. And they keep on developing it though. The newest thing as I know for now is they provide some token that can be exchanged to others prize. They really developed their site and that is what make them is well known till this day

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March 18, 2017, 03:01:52 AM
 #2167

I wonder how this "legend" site have started. It may sound silly but when I am new to bitcoin, (that means about a year ago), I got addicted to freebitco.in . The simplicity of the site, is best for newbies/beginners. Although, it may also be the reason why a newbie would turn out to be a gambler.(self-experience).

This site is really pretty addicted when you are on low rank on bct, this site is really hekpful for every newbie to earn some cash or may be if they are lucky enough they will need to get 10000 or may be win some lucky lottery to earn better. This site is not really bad even for experience people but sometimes gambler always want to get more and more that is why this site always not suitable for them

Even for newbie this site is useless as they are paying the lowest pay in faucet and their lottery system is fully manipulated and all new ids are getting winners which are most of them of site owners. Dice gambling is also very waste as their house edge is the highest
The only thing that will make you earn in this site is having many referrals that is active, but doing the faucet thing and the dice, oh come on, their house edge is way too high than all dice sites, except pocketdice.io.

This is just a faucet site and not a gambling site, so it is not a good idea to use their dice game. If one want to play the dice game, then go to any pure gambling site to play. But recently owner is trying his best in attract more people his site by adding many new features to the site. Still, it is best place for a newbie to earn some free coins.

Yeah, this is faucet site from the start but I think nowadays their dice games is pretty well known now and seems that many people are playing on their dice sites too to earn some lottery ticket, so I dont really think that they have bad influences on their dice games. The only thing is only they have huge house edge which is bad for a long run


As name stated it is named after the faucet itself and dice aswell as the lottery is just its feature but after the long the run their faucet is not profitable i think since their main advertisers turning down their advertising contract with them and it turns out that this site is relying to its dice site and the lottery so that they can survive, I can say that they where successfull with this but surely they will got a great success if they will just lower down their house edge since this is the main concern of the players and critics here.

Who said that faucet is a profitable thing to do? You are really wasting your time when you keep on doing it but when you have time to claim it, you may do it but to put it on a long term, I dont think it will do, because this is just a small amount. I dont think that they only get income from only dice games, people will sure put some advertisement on their site, this is their source of income as I can say. Dice only some part of it, because big whale dont want to play on their big house edge site

Yeah I don't know how they managed to survive in fact...
It's a very old faucet but how did they manage to stay when so many others disappeared?

I also wonder this . They also one of the highest paying if not the highest paying faucet of all. Less intrusive as well. They have been around for years it's amazing to think that. They were one of my first sites to visit when I started bitcoin.

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March 18, 2017, 03:18:37 AM
 #2168

I wonder how this "legend" site have started. It may sound silly but when I am new to bitcoin, (that means about a year ago), I got addicted to freebitco.in . The simplicity of the site, is best for newbies/beginners. Although, it may also be the reason why a newbie would turn out to be a gambler.(self-experience).

This site is really pretty addicted when you are on low rank on bct, this site is really hekpful for every newbie to earn some cash or may be if they are lucky enough they will need to get 10000 or may be win some lucky lottery to earn better. This site is not really bad even for experience people but sometimes gambler always want to get more and more that is why this site always not suitable for them

Even for newbie this site is useless as they are paying the lowest pay in faucet and their lottery system is fully manipulated and all new ids are getting winners which are most of them of site owners. Dice gambling is also very waste as their house edge is the highest
The only thing that will make you earn in this site is having many referrals that is active, but doing the faucet thing and the dice, oh come on, their house edge is way too high than all dice sites, except pocketdice.io.

This is just a faucet site and not a gambling site, so it is not a good idea to use their dice game. If one want to play the dice game, then go to any pure gambling site to play. But recently owner is trying his best in attract more people his site by adding many new features to the site. Still, it is best place for a newbie to earn some free coins.

Yeah, this is faucet site from the start but I think nowadays their dice games is pretty well known now and seems that many people are playing on their dice sites too to earn some lottery ticket, so I dont really think that they have bad influences on their dice games. The only thing is only they have huge house edge which is bad for a long run


As name stated it is named after the faucet itself and dice aswell as the lottery is just its feature but after the long the run their faucet is not profitable i think since their main advertisers turning down their advertising contract with them and it turns out that this site is relying to its dice site and the lottery so that they can survive, I can say that they where successfull with this but surely they will got a great success if they will just lower down their house edge since this is the main concern of the players and critics here.

Who said that faucet is a profitable thing to do? You are really wasting your time when you keep on doing it but when you have time to claim it, you may do it but to put it on a long term, I dont think it will do, because this is just a small amount. I dont think that they only get income from only dice games, people will sure put some advertisement on their site, this is their source of income as I can say. Dice only some part of it, because big whale dont want to play on their big house edge site

Yeah I don't know how they managed to survive in fact...
It's a very old faucet but how did they manage to stay when so many others disappeared?

I also wonder this . They also one of the highest paying if not the highest paying faucet of all. Less intrusive as well. They have been around for years it's amazing to think that. They were one of my first sites to visit when I started bitcoin.

When he was starting with faucet, Google AdSense was the main source of income. I don't remember if HI-LO game was from the beginning, or was added in the meantime, but slowly was more and more popular. He also had very good security against bots - that is very important. After time AdSense ban most of faucets and when income from other Ad Networks was not enough for other faucets, Freebitco.in have very good income from dice game..(other faucets don't have another source of income and die) In the meantime - next steps: lottery, reward points and now annual % and own mining farm.
I hope i help you Smiley

Edit: And ofcourse most important thing -  constantly growing number of loyal users for years
Just check this guys: http://www.alexa.com/siteinfo/freebitco.in
(for comparison: http://www.alexa.com/siteinfo/bitcointalk.org)

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March 18, 2017, 03:23:51 AM
 #2169

they were actually my first btc site, and i usually visit the site and roll the faucet, and its not for the satoshis

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March 18, 2017, 07:24:26 AM
 #2170

The first site I know, and until now they have thousands of visitors

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March 18, 2017, 02:37:34 PM
 #2171

hi is it lottery of FreeBitco.in legit or scam

me i think not legit
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March 18, 2017, 04:06:34 PM
 #2172

hi is it lottery of FreeBitco.in legit or scam

me i think not legit
Actually many users on this forum have already pointed out to the admin of FreeBitco.in to show the provably fair system of their lottery draw, but I don't think the admin ever reply on this question before, I personally have not won any lottery after a period of 1 year using their site as a faucet, but anyway it is all free tickets from the claiming of their faucet, so nothing to complain about  Smiley
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March 18, 2017, 05:11:18 PM
 #2173

hi is it lottery of FreeBitco.in legit or scam

me i think not legit

Even if it is legit, the chances of winning are abysmal. If you want to gamble, you are better off using a renowned dice site.
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March 18, 2017, 05:29:36 PM
 #2174

hi is it lottery of FreeBitco.in legit or scam

me i think not legit
Actually many users on this forum have already pointed out to the admin of FreeBitco.in to show the provably fair system of their lottery draw, but I don't think the admin ever reply on this question before, I personally have not won any lottery after a period of 1 year using their site as a faucet, but anyway it is all free tickets from the claiming of their faucet, so nothing to complain about  Smiley
Every week there is a draw for the lottery, yet have not come across any regular person winning it, so who have been the ones winning the lottery? I wait to see a true winner. As a matter of fact, the odd for winning in dice game here is awkward, if not terrible. When you compare the odd here with any dice site out there, you will discover you had been extremely lucky to ever leave here with your deposit intact.

As for the interest on deposits, well I don't see him scamming anyone, but the bait would be when one turns around to want to multiple his/her deposit.

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March 18, 2017, 05:59:07 PM
 #2175

hi is it lottery of FreeBitco.in legit or scam

me i think not legit
Actually many users on this forum have already pointed out to the admin of FreeBitco.in to show the provably fair system of their lottery draw, but I don't think the admin ever reply on this question before, I personally have not won any lottery after a period of 1 year using their site as a faucet, but anyway it is all free tickets from the claiming of their faucet, so nothing to complain about  Smiley
Every week there is a draw for the lottery, yet have not come across any regular person winning it, so who have been the ones winning the lottery? I wait to see a true winner. As a matter of fact, the odd for winning in dice game here is awkward, if not terrible. When you compare the odd here with any dice site out there, you will discover you had been extremely lucky to ever leave here with your deposit intact.

As for the interest on deposits, well I don't see him scamming anyone, but the bait would be when one turns around to want to multiple his/her deposit.

About the lottery yeah I agree so far it's shady and you can't know if it's a real or fake lottery , as long as it's from faucet claims there no worries but I'm afraid that there are some people who purchase the tickets
the dice can be changed , but it's ok you have the choice to play on freebitcoin or at any other site

the daily rates are easy to achieve so I can't see the admin scamming , simply they can put the funds on poloniex lending and he will make way more than 0.01% a day

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March 18, 2017, 07:57:08 PM
 #2176

hi is it lottery of FreeBitco.in legit or scam

me i think not legit

Even if it is legit, the chances of winning are abysmal. If you want to gamble, you are better off using a renowned dice site.
In last few months I have just one person who claim win in lottery and post here his transactions link but its not good enough as just one members in many months just because of this most of members believe its scam or not fair but all other things going ok for long time




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March 18, 2017, 08:19:33 PM
 #2177

I wonder how this "legend" site have started. It may sound silly but when I am new to bitcoin, (that means about a year ago), I got addicted to freebitco.in . The simplicity of the site, is best for newbies/beginners. Although, it may also be the reason why a newbie would turn out to be a gambler.(self-experience).

This site is really pretty addicted when you are on low rank on bct, this site is really hekpful for every newbie to earn some cash or may be if they are lucky enough they will need to get 10000 or may be win some lucky lottery to earn better. This site is not really bad even for experience people but sometimes gambler always want to get more and more that is why this site always not suitable for them

Even for newbie this site is useless as they are paying the lowest pay in faucet and their lottery system is fully manipulated and all new ids are getting winners which are most of them of site owners. Dice gambling is also very waste as their house edge is the highest
The only thing that will make you earn in this site is having many referrals that is active, but doing the faucet thing and the dice, oh come on, their house edge is way too high than all dice sites, except pocketdice.io.

This is just a faucet site and not a gambling site, so it is not a good idea to use their dice game. If one want to play the dice game, then go to any pure gambling site to play. But recently owner is trying his best in attract more people his site by adding many new features to the site. Still, it is best place for a newbie to earn some free coins.

Yeah, this is faucet site from the start but I think nowadays their dice games is pretty well known now and seems that many people are playing on their dice sites too to earn some lottery ticket, so I dont really think that they have bad influences on their dice games. The only thing is only they have huge house edge which is bad for a long run


As name stated it is named after the faucet itself and dice aswell as the lottery is just its feature but after the long the run their faucet is not profitable i think since their main advertisers turning down their advertising contract with them and it turns out that this site is relying to its dice site and the lottery so that they can survive, I can say that they where successfull with this but surely they will got a great success if they will just lower down their house edge since this is the main concern of the players and critics here.

Who said that faucet is a profitable thing to do? You are really wasting your time when you keep on doing it but when you have time to claim it, you may do it but to put it on a long term, I dont think it will do, because this is just a small amount. I dont think that they only get income from only dice games, people will sure put some advertisement on their site, this is their source of income as I can say. Dice only some part of it, because big whale dont want to play on their big house edge site

Some people manage to make small amounts and it can add up over a week or so people in third world countries can make some btc when they lucky they cash out. If you spend an hour or so each day using different website ypu csn collect enough for a small meal or something perhaps more depending on your country you living in. Even so, it is still fun to play with it and csn help people who no more btc to gamble with.

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March 19, 2017, 12:51:54 AM
 #2178

hi is it lottery of FreeBitco.in legit or scam

me i think not legit

Even if it is legit, the chances of winning are abysmal. If you want to gamble, you are better off using a renowned dice site.
In last few months I have just one person who claim win in lottery and post here his transactions link but its not good enough as just one members in many months just because of this most of members believe its scam or not fair but all other things going ok for long time

Most of the bitcoin users know about this forum and they are running this lottery for many months already. That means we expect many people to claim the winner of the lottery by now on this forum. Also, many people have requested how they are picking up the winner but site owner never explained that clearly. It shows that they are not honest in picking up a winner.

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March 19, 2017, 12:54:49 AM
 #2179

hi is it lottery of FreeBitco.in legit or scam

me i think not legit

Even if it is legit, the chances of winning are abysmal. If you want to gamble, you are better off using a renowned dice site.
In last few months I have just one person who claim win in lottery and post here his transactions link but its not good enough as just one members in many months just because of this most of members believe its scam or not fair but all other things going ok for long time

Most of the bitcoin users know about this forum and they are running this lottery for many months already. That means we expect many people to claim the winner of the lottery by now on this forum. Also, many people have requested how they are picking up the winner but site owner never explained that clearly. It shows that they are not honest in picking up a winner.
Yeah and they will never disclose how they are selecting a winner and no one knows that actually they are paying to the winners or not and that is reason I don't waste my time on those sites as I am confident that I will never win.

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March 19, 2017, 01:29:35 AM
 #2180

hi is it lottery of FreeBitco.in legit or scam

me i think not legit

Why do you said that it is not legit? Many people already start up with this thing as i know, because this is the oldest faucet site ever and they never have any problem with provably fair thing. All they need is to give you guys good amount of faucet to be claimed. They give free money and you said that it is not legit?

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