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[decodx]

What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?

Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.

Maybe increasing the faucet reset timer to 2 hours from 1 hour will be the perfect solution in that case. But TheQuin had described about a different solution. They may add 2 extra decimal to the Bitcoin amount on their website to give $0.002 base reward on each hourly faucet claim. However, Freebitco team have to change their slogan 'win up to $200 every hour' to a different one if they follow the alternative method which you guys have said above.

To be honest with you, I do not think adding 2 extra decimal to the price of bitcoin on their account will make sense, though I am still trying to understand perfectly what exactly you mean by this, but then, it doesn't make sense.

I think he meant the two extra decimal places in the display of the BTC amount (think of it as millisatoshis), not the dollar price of the bitcoin. Instead of claiming 1 sat, one gets, for example, 0.5 satoshis every hour, or 0.0000000050 BTC. So, the dollar amount of $0.002 for the base reward remains unchanged.

The best alternative so far, is to keep the reward as it is, and increase the timing, like to every 1 hour, 30 minutes, or every 2 hours.

Instead of claiming every two hours, users would have to claim half a satoshi every hour, but the final effect will be the same.

[SATWAT]

What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?

Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.

Maybe increasing the faucet reset timer to 2 hours from 1 hour will be the perfect solution in that case. But TheQuin had described about a different solution. They may add 2 extra decimal to the Bitcoin amount on their website to give $0.002 base reward on each hourly faucet claim. However, Freebitco team have to change their slogan 'win up to $200 every hour' to a different one if they follow the alternative method which you guys have said above.

To be honest with you, I do not think adding 2 extra decimal to the price of bitcoin on their account will make sense, though I am still trying to understand perfectly what exactly you mean by this, but then, it doesn't make sense.

I think he meant the two extra decimal places in the display of the BTC amount (think of it as millisatoshis), not the dollar price of the bitcoin. Instead of claiming 1 sat, one gets, for example, 0.5 satoshis every hour, or 0.0000000050 BTC. So, the dollar amount of $0.002 for the base reward remains unchanged.

The best alternative so far, is to keep the reward as it is, and increase the timing, like to every 1 hour, 30 minutes, or every 2 hours.

Instead of claiming every two hours, users would have to claim half a satoshi every hour, but the final effect will be the same.

Here I agreed about this because I check few other sites and faucets which are working and having same system they are now giving less than one Satoshi which is same if we are going to have every claim after 2 hours which is not idea because with these things can take negative impact but adding more decimal places which are now part of many sites because with this we will have same clicks and prize will be added as it's going right now but doing anything like after 2 or 3 hours are surely going to hurt.
Still we have to wait for the official statement because at the end we will have thing which is going to help admin he will bring this for the faucet.

[TheUltraElite]

Less than one satoshi? I would rather hope that they hold back the free rolls for the time being or increase the time interval between rolls - like once every 6hours or so and then adjust the payout rates to compensate for that.

That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.

Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.

[hd49728]

That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.

Very feel thanks to Freebitco.in when they run their faucet many years but if they halt it, the community will cry out. It's funny but I agree with you about this fact.

I know the site run its faucet for years but by replying your post, I decided to dig about their faucet history. It was launched in 2013 and according to that article, Freebitco.in started as a faucet before they launched new products and became a Bitcoin gambling site.

Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.

Sure, it will make a new all time high, the party is only kicked off.

[piebeyb]

That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.

Very feel thanks to Freebitco.in when they run their faucet many years but if they halt it, the community will cry out. It's funny but I agree with you about this fact.

I know the site run its faucet for years but by replying your post, I decided to dig about their faucet history. It was launched in 2013 and according to that article, Freebitco.in started as a faucet before they launched new products and became a Bitcoin gambling site.

Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.

Sure, it will make a new all time high, the party is only kicked off.

I think freebitcoin has been thinking about this for a long time because at some time bitcoin will be worth very high and expensive which of course will make the income on freebitcoin less, I don't know what will be planned afterwards when the price of bitcoin hits $100k later where of course the free spin income will be more a little more than we imagine, for example 1 satoshi, but I'm not sure they will stop the free spins, let alone stop operating the site because there are quite a lot of users who are actively looking for money on this site.

I'm sure they will provide the best solution for all their users so just wait for other latest news from them, we don't need to speculate anything about this site will stop the tap or anything, I'm sure they have thought about this before, so let's wait for what they will plan that after the price of bitcoin gets higher, whether this year or next year, at least their users will still get free money from this site because there may still be users who still depend on getting their bitcoins on this site which has been operating for quite a long time too, Btw you are right that the rise in bitcoin prices is not over yet because it is still at the beginning.

[jaremko86]

https://imgur.com/8eqDKmy

[pawanjain]

Less than one satoshi? I would rather hope that they hold back the free rolls for the time being or increase the time interval between rolls - like once every 6hours or so and then adjust the payout rates to compensate for that.

That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.

Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.

Increasing the number of hours for the free roll will directly impact their traffic on the site.
It will decrease the number of active users on the site and thus their business will see a decrease in revenue.
To continue with the same amount of traffic on the site they will have to keep a free roll every hour.
So this leaves only one option and that is to divide the satoshis into further decimals.

[virasog]

I think freebitcoin has been thinking about this for a long time because at some time bitcoin will be worth very high and expensive which of course will make the income on freebitcoin less, I don't know what will be planned afterwards when the price of bitcoin hits $100k later where of course the free spin income will be more a little more than we imagine, for example 1 satoshi, but I'm not sure they will stop the free spins, let alone stop operating the site because there are quite a lot of users who are actively looking for money on this site.

Let's suppose the bitcoin price is above 100K$ and freebitco reduces the free spin to 1 Satoshi, but if the bitcoin price moves even higher like 125k$ or 150K$, then what would freebitco do ?

Some thoughts are that they may stop their spin roll option but i think what they can do it to increase the time interval between the roll time. Right now we have to wait for 1 hour for the free spin, they may increase this to two hours etc and therefore they will not have to stop their free roll, even if the bitcoin prices reach very high.

So this leaves only one option and that is to divide the satoshis into further decimals.

One satoshi cannot be divided further as 1 sat is the smallest unit of bitcoin.

[STT]

Changing the timer is credible face to Occam's razor=Lex parsimoniae=Keep it simple but

keep dreaming about the scenario of BTC = 134 K (and Base reward less than 1 satoshi) only for the long term and not before - big  owners aren't that ignorant about  the consequences for themselves. Yet.

Of course, I can't say never and that would be another story.

Even simplier, they can just alter the odds too and it would equate in cost to what the scaling is doing now i.e. out of sight alterations.   That is effectively what alot of active management on casino games do, you just never know for sure what odds are exactly being levied but usually its relation to what the machine has paid out prior.   Currently the odds are fixed and some people have it as predictable enough that sooner or later you must win which is maybe a fallacy maybe true Im not sure;  I've never won the biggest prize so cant be sure.

I wouldn't go below 1 satoshi personally its not the road I'd go down as BTC itself has to be recognizable & equal to everywhere else to really be best effective.   Like a dollar, people dont collect them for the presidents heads they are just thinking of what they can spend it on so any value must be interchangeable as per a standard used everywhere.
   Alternatively the site has other units of value and those are more free to be altered within the boundaries of this site

[noormcs5]

Less than one satoshi? I would rather hope that they hold back the free rolls for the time being or increase the time interval between rolls - like once every 6hours or so and then adjust the payout rates to compensate for that.

That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.

Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.

Increasing the number of hours for the free roll will directly impact their traffic on the site.
It will decrease the number of active users on the site and thus their business will see a decrease in revenue.
To continue with the same amount of traffic on the site they will have to keep a free roll every hour.
So this leaves only one option and that is to divide the satoshis into further decimals.

Do you think that the majority of the people come to freebitco to claim the hourly faucet  Whos is willing to earn 3 sat per hour and 30 sat in 10 hours ? There are some better skills out there which can make you make good money than to earn money through faucets.

I think freebitco has lot of traffic because it has Multiply btc games, lotteries, Reward Points and all such other stuff like sports betting etc. Not to mention the sections of "Earn BTC" and " Win a Lambo".
These are the reasons why people visit the freebitco and not because it offers an hourly faucet in the form of free Roll. Maybe you do not know but there are people who are earning only through their REFERRAL COMMISSION program.

[FinneysTrueVision]

So this leaves only one option and that is to divide the satoshis into further decimals.

One satoshi cannot be divided further as 1 sat is the smallest unit of bitcoin.

It doesn’t require changing Bitcoin’s consensus rules. FreeBitco.in can just do this in their own database. If someone uses the “withdraw all” option, they would receive their full balance up to the 8th decimal place and be left with a sub-satoshi amount in their account.

Another option could be to only allow claims every 2 hours but the reward amounts from the faucet would be doubled.

[Free Market Capitalist]

Do you think that the majority of the people come to freebitco to claim the hourly faucet  Whos is willing to earn 3 sat per hour and 30 sat in 10 hours ? There are some better skills out there which can make you make good money than to earn money through faucets.

I think freebitco has lot of traffic because it has Multiply btc games, lotteries, Reward Points and all such other stuff like sports betting etc. Not to mention the sections of "Earn BTC" and " Win a Lambo".
These are the reasons why people visit the freebitco and not because it offers an hourly faucet in the form of free Roll. Maybe you do not know but there are people who are earning only through their REFERRAL COMMISSION program.

At least initially it was, the main attraction to the site was the faucet. Today I doubt it because of what you say: freebitco.in already has a name and many people who bring customers to the site through the referral system, besides it has evolved to be a very complete bookmaker. Anyway, they will have the concrete data of what percentage of the people who arrive and start playing only the faucet end up becoming a player of the rest of the games of the site, and based on that they will be able to make decisions.

[UserU]

Do you think that the majority of the people come to freebitco to claim the hourly faucet   Whos is willing to earn 3 sat per hour and 30 sat in 10 hours ? There are some better skills out there which can make you make good money than to earn money through faucets.

I think freebitco has lot of traffic because it has Multiply btc games, lotteries, Reward Points and all such other stuff like sports betting etc. Not to mention the sections of "Earn BTC" and " Win a Lambo".
These are the reasons why people visit the freebitco and not because it offers an hourly faucet in the form of free Roll. Maybe you do not know but there are people who are earning only through their REFERRAL COMMISSION program.

If you wager from time to time, the free rolls do add up. Dont forget the added RPs and the lottery tickets.

[piebeyb]

Do you think that the majority of the people come to freebitco to claim the hourly faucet  Whos is willing to earn 3 sat per hour and 30 sat in 10 hours ? There are some better skills out there which can make you make good money than to earn money through faucets.

I think freebitco has lot of traffic because it has Multiply btc games, lotteries, Reward Points and all such other stuff like sports betting etc. Not to mention the sections of "Earn BTC" and " Win a Lambo".
These are the reasons why people visit the freebitco and not because it offers an hourly faucet in the form of free Roll. Maybe you do not know but there are people who are earning only through their REFERRAL COMMISSION program.

Yes you are right that everyone who visits this site not only wants to do free spins, but believe me not everyone has bitcoins in their hands and they find this site to get them for free, so they will start from free spins and many users want spins free is getting more free bitcoins than users who have BTC who play buying lottery tickets, betting on sports betting, buying gold tickets to get lambo or playing multiply BTC, besides my belief is not everyone who is active on this site has the money to play that . they must be active because they want to get free bitcoins from free spins from this site since this site was built.

Talking about referral commissions, of course it depends on active referrals, but if referrals are not active then no profit will be gained, say maybe a few years ago when free spins still got hundreds or thousands of satoshi where people believed the price of bitcoin would increase they actively earned bitcoin with free spins that, so I'm pretty sure that the majority of freebitcoin users come for the free bitcoins and free spins and then they turn that money around through lottery tickets and such there making bets or just playing multiply btc, while users who have enough money to play and get more benefits There are not as many users as there are users who are active in free spins. 

[swogerino]

Less than one satoshi? I would rather hope that they hold back the free rolls for the time being or increase the time interval between rolls - like once every 6hours or so and then adjust the payout rates to compensate for that.

That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.

Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.

Increasing the number of hours for the free roll will directly impact their traffic on the site.
It will decrease the number of active users on the site and thus their business will see a decrease in revenue.
To continue with the same amount of traffic on the site they will have to keep a free roll every hour.
So this leaves only one option and that is to divide the satoshis into further decimals.

Do you think that the majority of the people come to freebitco to claim the hourly faucet  Whos is willing to earn 3 sat per hour and 30 sat in 10 hours ? There are some better skills out there which can make you make good money than to earn money through faucets.

I think freebitco has lot of traffic because it has Multiply btc games, lotteries, Reward Points and all such other stuff like sports betting etc. Not to mention the sections of "Earn BTC" and " Win a Lambo".
These are the reasons why people visit the freebitco and not because it offers an hourly faucet in the form of free Roll. Maybe you do not know but there are people who are earning only through their REFERRAL COMMISSION program.

There are some very patient people out there.They claim it for only 3 Satoshis now but they also have done so when the rewards were 10 Satoshis and they have accumulated a lot by doing so,they have also managed to buy 2500 FUN through these clicks in these long time and are happy with those Wheel of Fortune spins.These people have not invested anything in Freebitco.in and are using it for their benefit.

Of course there are much better ways to achieve this type of benefit and most people are not such patient,these are the ones who also use Multiply BTC and all other options,giving back some to Freebitco.in much different from the above users.The smartest of all groups are those with active referrals,this is a well known fact.

[slaman29]

Do you think that the majority of the people come to freebitco to claim the hourly faucet  Whos is willing to earn 3 sat per hour and 30 sat in 10 hours ? There are some better skills out there which can make you make good money than to earn money through faucets.

I don't think they are. I KNOW they are.

The freeroll price has never changed. Bitcoin value has gone up. 30 satoshi now is 2 cents++. Small to you and me but people have been doing it for a long time, it has always been 0.2 cents per freeroll.

I agree with you, there are better things to do than get faucets in fact I see trading as the same waste of time for majority of people. Better to learn new skills and improve your job.

But trust me, there are so many people spending hours on faucets, trading, etc.

[FanEagle]

Less than one satoshi? I would rather hope that they hold back the free rolls for the time being or increase the time interval between rolls - like once every 6hours or so and then adjust the payout rates to compensate for that.

That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.

Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.

I mean technically that's the same thing, so why would that matter? If you get 1 satoshi every 2 hours, or half a satoshi every hour, isn't that the same result? It would require you to do a lot more claiming if you do it twice, but that's the point of a faucet, they are giving out free money in return of you being on their website.

The logic of faucets back in the day was to get ad income, people would have like google ads all over their website, and in return would give you free money, basically a cut from that ad income, some made profit and some didn't. All in all this place doesn't even have ads anymore and yet they are still giving away free money to people so it would be unfair to complain "how" they are giving away money.

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[TheUltraElite]

I agree with the replies above, (too many to quote) that the dust from faucets is not worth it. But since freebitco.in started as a faucet they might give it a second thought before shutting it down albeit temporarily till the price of Bitcoin comes down. I personally don't mind the faucet staying to stopping, I am more into the investment scheme for now. But a large number of accounts are only there to run the faucet only.

FBC survived as a faucet because of the gambling section and that is what they should focus on more from now.

[STT]

I don't think they are. I KNOW they are.

The freeroll price has never changed. Bitcoin value has gone up. 30 satoshi now is 2 cents++. Small to you and me but people have been doing it for a long time, it has always been 0.2 cents per freeroll.

I agree with you, there are better things to do than get faucets in fact I see trading as the same waste of time for majority of people. Better to learn new skills and improve your job.

But trust me, there are so many people spending hours on faucets, trading, etc.

I dont usually quote in entirety but in this case I have to underline its all correct.    Theres plenty people sitting round with time to claim on this faucet and every other faucet there might be plus enter every internet contest they possibly can.   Some people do all this, very often its during another job which has alot of wait times attached to it.
 
I dont have the same job now but even before Bitcoin existed I was collecting tickets on faucets, back then it was driven by advertising of some kind or another.   The amount of pop up adverts and aggravation of wading through spam just to register for a free lotto of some kind you wouldnt believe.  The internet now is alot nicer to users then it was decades ago, especially on the nice page loading and how rare down time is.

satoshi every 2 hours, or half a satoshi every hour, isn't that the same result?

It would be similar on the maths but it might not be the same on audience retention or site revenue figures etc.   Thats the ultimate judge on the faucet.   I would go with just more randomness but that moves it away from being a faucet so much.   The point of the actual dollar value underlying is true, base faucet amount was always a fraction of a cent not much.    Big problem see now is that just 3 Sat or any single figure really very much appears as a tiny amount so face value might alter things, its not changed otherwise.