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btcltcdigger
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January 07, 2025, 01:39:26 PM |
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I'm guessing at this point that the site was sold, and the new owner doesn't know what he's supposed to do
I have repeatedly seen in this thread posts with speculations that Freebitcoin was sold and that the site now has a new owner. But where did such speculations come from? Even if we assume that this is true, don't you find the current state of the site strange?? What is the point of buying a popular site and not knowing what to do with it, i.e. ruin it? You're right, this is purely speculation. But it's kind of hard to believe that the original owner who put years into this site would just let it die like this. I'm more inclined to believe he sold it for a profit and retired. But again, all of this is just speculation.
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virasog
Legendary

Activity: 3780
Merit: 1204
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January 07, 2025, 02:33:08 PM |
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You're right, this is purely speculation. But it's kind of hard to believe that the original owner who put years into this site would just let it die like this. I'm more inclined to believe he sold it for a profit and retired. But again, all of this is just speculation.
Since the freebitco did not announce officially whether the site is sold or not and also no official wordings from them regarding the current issues the users are facing at the site. This means it gives chance to everyone to just speculate and assume whatever they feel like. Also there are number of times it has been speculated that freebitco has sold and there is no official deny to that statement too. Infact there is no official wording on anything here for quite sometime and it just give people to say whatever they think or feel like.
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rdbase
Legendary

Activity: 3738
Merit: 1752
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January 07, 2025, 10:46:43 PM |
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They are still active so that is a plus sign whether they will be shutting down completely anytime soon. Received atleast five emails in the past 24 hours with those freespins.
The thing that hasn't been working properly is the weekly lottery. It seems to be stuck and did not reset like it has been on Sundays every week. So it is still showing round 500 winners and tickets are still accumulating for round 501 with the prizes still rising which doesn't seem right.
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STT
Legendary

Activity: 4788
Merit: 1533
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January 07, 2025, 10:52:43 PM |
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The data on the website is just for display, its not exactly or directly linked to the processes conducted elsewhere. For security and other reasons I guess, I remember that much being said previous. Some of the data is an estimate based on a trend or rate observed of numbers changing etc. I got one email 4th, 5th and 6th Jan, thanks for reminding me. My wrist however remains bare naked without a Rolex 
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Wapfika
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January 08, 2025, 05:58:54 AM |
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You're right, this is purely speculation. But it's kind of hard to believe that the original owner who put years into this site would just let it die like this. I'm more inclined to believe he sold it for a profit and retired. But again, all of this is just speculation.
The original owner is most probably a millionaire now and already step down due to unknown reason or due to legal issues related to tax on his business here. This website is already existing for a long time yet he didn’t improved the casino to the competitive level just like the top casino here in the forum. If he really care that much then he should upgrade the casino the first time Bitcoin price hits 60K ATH. The Quinn becomes silent ever since Bitcoin rally price after pandemic.
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jok80
Newbie

Activity: 7
Merit: 0
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January 08, 2025, 06:51:05 AM |
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Good morning everyone. I returned to freebitco after a few months but I am no longer credited with the daily free spins of the wheel of fortune even though my FUN are still blocked and in an appropriate amount. Have they been removed? How can I solve it?
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FinneysTrueVision
Legendary

Activity: 2534
Merit: 1424
AntiSwap.io - NO AML/KYC EXCHANGER MONITORING
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January 08, 2025, 07:02:58 AM |
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You're right, this is purely speculation. But it's kind of hard to believe that the original owner who put years into this site would just let it die like this. I'm more inclined to believe he sold it for a profit and retired. But again, all of this is just speculation.
FBC BV is the company that owns FreeBitco.in. It was created when wetsuit and TheQuin were still with the site. There was news articles that came out recently about FBC B.V. being fined in the Netherlands and those articles indicate that they are still the owners of FreeBitco.in. https://igamingbusiness.com/legal-compliance/fbc-dutch-penalty-bitcoin-gambling-website/We have also seen recent BTC withdrawals coming from addresses that were used by FreeBitco.in when wetsuit was in charge. They are also still using the same wallet for FUN withdrawals since 2021. Just because they are no longer reliable doesn't mean they have changed owners. The evidence does not support that theory.
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btcltcdigger
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January 08, 2025, 08:52:35 AM |
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Good morning everyone. I returned to freebitco after a few months but I am no longer credited with the daily free spins of the wheel of fortune even though my FUN are still blocked and in an appropriate amount. Have they been removed? How can I solve it?
Happened to all of us mate. Site seems to either be broken, at least for that part, or the owners just don't run the free WoF giveaways for FUN tokens. It's not been working for months now, people have been complaining, but no response from the FreeBitco.in team in general
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jok80
Newbie

Activity: 7
Merit: 0
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January 08, 2025, 09:01:23 AM |
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Good morning everyone. I returned to freebitco after a few months but I am no longer credited with the daily free spins of the wheel of fortune even though my FUN are still blocked and in an appropriate amount. Have they been removed? How can I solve it?
Happened to all of us mate. Site seems to either be broken, at least for that part, or the owners just don't run the free WoF giveaways for FUN tokens. It's not been working for months now, people have been complaining, but no response from the FreeBitco.in team in general thank you very much.!!
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dwyane36
Legendary

Activity: 3738
Merit: 2748
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January 08, 2025, 09:31:14 AM |
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This website is already existing for a long time yet he didn’t improved the casino to the competitive level just like the top casino here in the forum. If he really care that much then he should upgrade the casino the first time Bitcoin price hits 60K ATH.
First, they shifted their focus to gambling when faucets were no longer relevant. Then, there were updates related to the integration of fun tokens. But after that, they probably just had no motivation to change and improve something on the site. In principle, this is not surprising considering how popular Freebitcoin was. Even now, the monthly traffic on the Freebitcoin site is more than 26 million users, and this is despite all the issues that have arisen on the site recently.
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Don Pedro Dinero
Legendary

Activity: 2184
Merit: 2843
No to Euro CBDC
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January 08, 2025, 02:59:15 PM |
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This website is already existing for a long time yet he didn’t improved the casino to the competitive level just like the top casino here in the forum. If he really care that much then he should upgrade the casino the first time Bitcoin price hits 60K ATH.
First, they shifted their focus to gambling when faucets were no longer relevant. Then, there were updates related to the integration of fun tokens. But after that, they probably just had no motivation to change and improve something on the site. In principle, this is not surprising considering how popular Freebitcoin was. Even now, the monthly traffic on the Freebitcoin site is more than 26 million users, and this is despite all the issues that have arisen on the site recently. What is clear is that unless Wetsuit has done something crazy, by now he will be a multimillionaire and probably on a Caribbean island somewhere, not giving a damn about what happens to the FBI. Without having data I am more for the option that he sold the site and that the new ones that have entered don't know how to manage it well but see that they make money even if they manage it horribly.
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Mahdirakib
Legendary

Activity: 2786
Merit: 1233
In Search of Incredible
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January 08, 2025, 03:03:34 PM |
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FBC BV (dutch) owns casinos DPlay and Club Riches that used to have banners in www.freebitco.in that, by its side, is owned by FB Coins Limited (Costa Rica) - this is data from jul23 and today I have confirmed that FB Coins Limited is active - there is a public and official site where anyone can get more information. Does Freebitco really owned and operated by FB Coins Limited? I haven't seen any solid evidence about this. It was TheQuin who had said that Freebitco is owned by 'FB Coins Limited'. But you won't find any article or posts from anyone else about this. Moreover, the name FB Coins Limited was never in Freebitco terms. They had only FBC BV written as the license company in the terms. FB Coins Limited is active, but it has no connection with Freebitco.
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shield132
Legendary

Activity: 2954
Merit: 1060
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January 08, 2025, 03:53:46 PM |
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You're right, this is purely speculation. But it's kind of hard to believe that the original owner who put years into this site would just let it die like this. I'm more inclined to believe he sold it for a profit and retired. But again, all of this is just speculation.
The original owner is most probably a millionaire now and already step down due to unknown reason or due to legal issues related to tax on his business here. This website is already existing for a long time yet he didn’t improved the casino to the competitive level just like the top casino here in the forum. If he really care that much then he should upgrade the casino the first time Bitcoin price hits 60K ATH. The Quinn becomes silent ever since Bitcoin rally price after pandemic. The website has existed for a long time but owner hasn't been inactive. The owner created 2-3 casinos that were focused on Fun token. One platform was 1xfun.bet which was focused on decentralized betting but it doesn't exist anymore. Btw the rest of Freebitco's two casinos that are active today are - dplay.casino and clubriches.com If you message both of these casinos via live chat, they'll tell you that they are only partners of freebitco but I think that they are lying. At least, you can read on dplay.casino's footer that it's operated by FBC B.V, which is the company that also operates Freebitco.in Wetsuit left Freebitco the way it was like Stunna left primedice and instead created a Stake.com. I think that wetsuit's strategy was to keep Freebitco with its old design and functions but created another casino with lots of games and features. I don't know why he doesn't promote Dplay and Club Riches. Everything around Freebitco, wetsuit and TheQuin is strange and hard to explain.
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pawanjain
Legendary

Activity: 3556
Merit: 1021
Nothing lasts forever
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January 08, 2025, 04:14:01 PM |
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What is clear is that unless Wetsuit has done something crazy, by now he will be a multimillionaire and probably on a Caribbean island somewhere, not giving a damn about what happens to the FBI. Without having data I am more for the option that he sold the site and that the new ones that have entered don't know how to manage it well but see that they make money even if they manage it horribly.
Lol  the last sentence got me laughing hard. It's like, do not touch the code while it's working. While I think that might be the case but it isn't very hard hiring a good developer to assist with the issues. So the reason behind all these issues should be something else.
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babygun
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January 08, 2025, 05:12:58 PM |
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This website is already existing for a long time yet he didn’t improved the casino to the competitive level just like the top casino here in the forum. If he really care that much then he should upgrade the casino the first time Bitcoin price hits 60K ATH.
First, they shifted their focus to gambling when faucets were no longer relevant. Then, there were updates related to the integration of fun tokens. But after that, they probably just had no motivation to change and improve something on the site. In principle, this is not surprising considering how popular Freebitcoin was. Even now, the monthly traffic on the Freebitcoin site is more than 26 million users, and this is despite all the issues that have arisen on the site recently. There were plans some years ago where they announced a massive revamp and even changing the name of the site. So at one moment, they were motivated to keep changing and improving but then they created their sister sites like dplay and the revamp was off the table. That monthly traffic stat is insane and just shows how big this site is.
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Free Market Capitalist
Legendary

Activity: 2254
Merit: 3695
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January 08, 2025, 05:57:24 PM |
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So the reason behind all these issues should be something else.
The fact is that the reason for the malfunction is a mystery. The only thing we know is that this site, which has a place in the history of this forum and in the history of Bitcoin itself, has worked very well for many years and must have given a lot of money to the owner. But inexplicably since almost a year ago it started to malfunction and continues to malfunction, but it can continue to have the business open despite operating in a way that if it were located in a regulated European country would have been intervened by the gambling authorities many months ago.
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hosemary
Legendary

Activity: 3276
Merit: 7393
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January 08, 2025, 09:20:15 PM |
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So it is still showing round 500 winners and tickets are still accumulating for round 501 with the prizes still rising which doesn't seem right.
Depsite the issues going on with freebitco, the weekly lotteries were done without any issues until round 500 and If I am not wrong, they were done automatically withoutany need to human intervention. Now that there's an issue with weekly lotteries, I think it's required that someone fixes the problem. Let's see if it will be fixed or weekly lotteries will be stopped like WOF spins.
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btcltcdigger
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January 08, 2025, 09:28:55 PM |
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So i've been receiving emails about free WoF for couple of days now in a row. Could this mean that our voices have been heard? That the situation is getting better? That they will finally bring back the old glory to FBC?
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rdbase
Legendary

Activity: 3738
Merit: 1752
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January 08, 2025, 10:32:12 PM |
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So i've been receiving emails about free WoF for couple of days now in a row. Could this mean that our voices have been heard? That the situation is getting better? That they will finally bring back the old glory to FBC?
Been starting to receive them several times a day but receiving these few a day still do not makeup for nearly 6 months of not getting the 13 freespins per day that was due since holding the 250,000 FUN tokens that were coming in everyday but suddenly stopped. After checking my statistics under the PREMIUM MEMBERSHIP BENEFIT DETAILS section under Premium drop down menu, it is showing 0 days now when it kept saying 13 days until the benefits were to increase since holding the tokens for the entire 360 days. Those days were stuck on 13 days since the problems started happening. Nobody is depositing to this site or going to hold their bitcoin on there anylonger so can not see this happening.
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uneng
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January 09, 2025, 01:56:37 AM |
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Good morning everyone. I returned to freebitco after a few months but I am no longer credited with the daily free spins of the wheel of fortune even though my FUN are still blocked and in an appropriate amount. Have they been removed? How can I solve it?
Nobody has been receiving daily spins from premium program since months ago. It's a general issue faced by every users of the platform. FUN interest over locked funds is being paid normally. There is no way to solve the issue with daily spins and support doesn't reply the community anymore.
Just received my FUN after 3 months of locked funds. Sold the interest generated for BTC and withdrew the funds from the platform without issues in normal time. So far these features are still working. Locked FUN for another month to see how it goes. Frustrating to sell FUN for 4 satoshis, though. Let's see for how long it's going to be possible to make this little source of passive income still work.
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