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[NotATether]

The downfall of FBC will be studied, of course, but why on earth would you keep your hard-earned money on a random website?

Even an exchange like Coinbase, notorious for locking accounts sporadically, would have been better since they would at least give you a notice before closing. But personally, Bitcoin has pumped massively over this cycle and also in 2021. There wouldn't be a need to earn a percentage yield on FBC.

I have 120K referrals.

I am one of the most sucessful earners of passive income on freebitcoin, in history.

But the company that I built with this money went bankrupted. I was stolen three times — the people that f***d me got away.

I was relying on freebitcoin to pay my costs and for my family's (children too).

The guy that said people have 1 million dollars on freebitcoin is right.
A lot of people was using the website as I BANK. SAVINGS for RETIREMENT.
It's like you RETIRENMENT TAKEN, STOLEN from shady guys is UNBELIEVABLE!

A lot of people will think about suicide... maybe some will do it.

As they had more than 1000 BTC since the beginning, it was treated LIKE A BANK.
Like a REAL BUSINESS OFFSHORE.

I felt like an associated from the website, not a gambler (never played any game, I just brought thousands of people to the website and earned passive income all those 10 years).

Now I am desperated and negative on the bank account.
My life is ruined... freebitcoin is my only hope and I have money there, I earned it and advertised the website for years.

Now they're vanished...
I DON'T understand a website that was trustable for YERAS do such thing... uncoprehensible!!!!!!!!

[memehunter]

but why on earth would you keep your hard-earned money on a random website?

IMO, greed is the factor here rather than trust (I am not blaming him for being greedy, we all are) as he is trying to portray here by describing FBC as a bank. There has to be some sort of interest (or some promised tokens) which FBC promised, otherwise it does not make any sense to not hold keys to your money.
I also feel sorry for his loss as it is not his mistake, FBC broke the agreement and decided to scam but it will surely serve as an example for future investors.

[Lucius]

~snip~

I had a slightly larger amount on that site, which was the result of my claims and profit from referrals, and by keeping the same on the site, I received a certain commission every day, so that was attractive for many, considering that the site has gained a good reputation over the years. But as soon as it became clear that something wasn't right there, I made a successful withdrawal - so even though I still have something there today, I won't be too sorry if I can't withdraw that either.

[zangadogamer]

but why on earth would you keep your hard-earned money on a random website?

IMO, greed is the factor here rather than trust (I am not blaming him for being greedy, we all are) as he is trying to portray here by describing FBC as a bank. There has to be some sort of interest (or some promised tokens) which FBC promised, otherwise it does not make any sense to not hold keys to your money.
I also feel sorry for his loss as it is not his mistake, FBC broke the agreement and decided to scam but it will surely serve as an example for future investors.

"Greedy". What do you mean by beeing greedy? Jus due to referrals and not gambling like an IDIOT?

Because I made sucessful campaign about freebitcoin and I earned it what I deserve it?

Because I choosed to sell the gear to the dirty work instead of doing the dirty work?

Not beeing "greedy" is to accept to have a SHITTY JOB 8/5 and not THE OWNER of your own life?

I WAS NOT GREEDY. It was a CAREER and I am a professional of marketing with a lot of prizes, play golden buttons, etc.

But I was STOLEN for trsuting people like you all. Gamblers.

"greedy" - "to sustain a life by not becoming a SLAVE to fund somebody else's dream".

No, THANKS BRO — I am not greedy for that.

What you two both said doesn't make any sense.

[memehunter]

I received a certain commission every day, so that was attractive for many

I thought so.

as soon as it became clear that something wasn't right there, I made a successful withdrawal

This is an classic example of an proactive investor who knows how to manage and look after his investments. If this approach of active observation has been adopted by others they would have in a far better position. Thanks for sharing this.

EDIT
@zangadogamer, please re read my post. I never blamed you. I know your are frustrated and I am with you on this that FBC is responsible for all this not you. 

[EarnOnVictor]

The downfall of FBC will be studied, of course, but why on earth would you keep your hard-earned money on a random website?

I suppose the answer is an illusory trust. But they forgot that "Not You Keys, Not Your Coins."

The trust of regular deposit and withdrawal, hitch-free, has blinded them to the possible unforeseen, and again, $FUN added to the trust, so what do you expect?

As I write, we still have millions of gamblers making those mistakes. Not even with exchanges, no one should trust the centralised system, but here we are, they will go insolvent before people start realising their mistakes.

[Durdenkingtyler]

Does anyone know when the last successful withdrawal from Freebitco.in was processed?

[zangadogamer]

Does anyone know when the last successful withdrawal from Freebitco.in was processed?

August 5.

[ESG]

____~____...
...., I made a successful withdrawal - so even though I still have something there today, I won't be too sorry if I can't withdraw that either.

i want ask you if ,    was your withdraw made on lattest days,    or  month ago?

[Hispo]

but why on earth would you keep your hard-earned money on a random website?

IMO, greed is the factor here rather than trust (I am not blaming him for being greedy, we all are) as he is trying to portray here by describing FBC as a bank. There has to be some sort of interest (or some promised tokens) which FBC promised, otherwise it does not make any sense to not hold keys to your money.
I also feel sorry for his loss as it is not his mistake, FBC broke the agreement and decided to scam but it will surely serve as an example for future investors.

"Greedy". What do you mean by beeing greedy? Jus due to referrals and not gambling like an IDIOT?

Because I made sucessful campaign about freebitcoin and I earned it what I deserve it?

Because I choosed to sell the gear to the dirty work instead of doing the dirty work?

Not beeing "greedy" is to accept to have a SHITTY JOB 8/5 and not THE OWNER of your own life?

I WAS NOT GREEDY. It was a CAREER and I am a professional of marketing with a lot of prizes, play golden buttons, etc.

But I was STOLEN for trsuting people like you all. Gamblers.

"greedy" - "to sustain a life by not becoming a SLAVE to fund somebody else's dream".

No, THANKS BRO — I am not greedy for that.

What you two both said doesn't make any sense.

Don't lose your cool, though.
It is easy to point people out for not taking their money before a platform collapses, in the end of the day the only one at fault here is the platform itself for violating their promise. You did nothing wrong by trying to get money from their promise, so far this was a lack of good management, not a scam from the very beginning.
So have a little more of a thicker skin and ignore those criticisms from people who won't understand your positions.

Also, I am curious. How much moneyd did you lose from all this fiasco? It must have been a significant amount considering the market of referrals can be very profitable of one is able to reach many people in a relatively short period of time.

[LTU_btc]

IMO, greed is the factor here rather than trust (I am not blaming him for being greedy, we all are) as he is trying to portray here by describing FBC as a bank. There has to be some sort of interest (or some promised tokens) which FBC promised, otherwise it does not make any sense to not hold keys to your money.
I also feel sorry for his loss as it is not his mistake, FBC broke the agreement and decided to scam but it will surely serve as an example for future investors.

Wouldn't call it greediness, more like giving too much trust to Freebitco.in. Back in the days when this site had perfect reputation, I remember some people even used it as their hot wallet.
When they introduced interest thing, I always said that you shouldn't keep more than you afford to lose, no matter how much you trust Freebitco.in. Not your keys, not your coins - we already had way too much stories with trusted sites falling.
I followed this rule too. I still have some BTC on Freebitco.in. Somewould call it significant amount, but it's not life changing if I would lose it

[zangadogamer]

but why on earth would you keep your hard-earned money on a random website?

IMO, greed is the factor here rather than trust (I am not blaming him for being greedy, we all are) as he is trying to portray here by describing FBC as a bank. There has to be some sort of interest (or some promised tokens) which FBC promised, otherwise it does not make any sense to not hold keys to your money.
I also feel sorry for his loss as it is not his mistake, FBC broke the agreement and decided to scam but it will surely serve as an example for future investors.

"Greedy". What do you mean by beeing greedy? Jus due to referrals and not gambling like an IDIOT?

Because I made sucessful campaign about freebitcoin and I earned it what I deserve it?

Because I choosed to sell the gear to the dirty work instead of doing the dirty work?

Not beeing "greedy" is to accept to have a SHITTY JOB 8/5 and not THE OWNER of your own life?

I WAS NOT GREEDY. It was a CAREER and I am a professional of marketing with a lot of prizes, play golden buttons, etc.

But I was STOLEN for trsuting people like you all. Gamblers.

"greedy" - "to sustain a life by not becoming a SLAVE to fund somebody else's dream".

No, THANKS BRO — I am not greedy for that.

What you two both said doesn't make any sense.

Don't lose your cool, though.
It is easy to point people out for not taking their money before a platform collapses, in the end of the day the only one at fault here is the platform itself for violating their promise. You did nothing wrong by trying to get money from their promise, so far this was a lack of good management, not a scam from the very beginning.

So have a little more of a thicker skin and ignore those criticisms from people who won't understand your positions.

Also, I am curious. How much moneyd did you lose from all this fiasco? It must have been a significant amount considering the market of referrals can be very profitable of one is able to reach many people in a relatively short period of time.

Lost $ 400K.

Yes, referrals work only if you are an influencer / human figure. Only organic marketing works. Gotta be artistic. It's not for everyone.

The way to go in this Utopia: if you don't have followers, you have no financial security.
The most valuable value today is not money or time. Is attention.
If you have it, you can monetize it forever.

Whetever is you niche, gotta be good or talented for disguising entertainment with your real goal — that includes making videos, music, entertainment to attract huge numbers (not the niched ones).

CALL ATTENTION for solving a SOCIAL PROBLEM. That brings thousands of leads.

Niching down is DEAD.
Only paying for ads works when you are niched down.

All Social media cut the reach of organic niched creators and pages. Now it's pay to win.

The real deal now is to attract thousands of people again with promise of gaining something for free or almost for free, in a marketing thunnel with a very strategic plan.

People are not buying anything; they barely survive due to the bills and rent nowadays.
But in every crises, there's oportunity. And the oportunity is right there.

I am not greedy.
I only use my brain and seee how this UTOPIAN world REALLY works in the end.

I'm gonna recover again.
I'm broke and I was stolen 3x (fourth time with freebitcoin now).

I am depending on borrowing money to eat now.
Tomorrow I will not.

[hypersonic1]

The only other platform that seems to be worth its salt is NEXO. They have a daily tick and compound of savings. For the Americans in the group they will be returning. They survived all of the corrupt purging by Gary Gensler and the SEC.


That is the closest I've seen to a saving vehicle for Bitcoin.

However....don't forget that you are still lending out your hard earned BTC and if anything happens to the platform you will have to wait and see.

It's not a casino. but the saving rates are high. NEXO said they are trying to return this year.

On another note, if you are looking for custodied savings. Staking coins are a no to low risk option.

[Hispo]

IMO, greed is the factor here rather than trust (I am not blaming him for being greedy, we all are) as he is trying to portray here by describing FBC as a bank. There has to be some sort of interest (or some promised tokens) which FBC promised, otherwise it does not make any sense to not hold keys to your money.
I also feel sorry for his loss as it is not his mistake, FBC broke the agreement and decided to scam but it will surely serve as an example for future investors.

Wouldn't call it greediness, more like giving too much trust to Freebitco.in. Back in the days when this site had perfect reputation, I remember some people even used it as their hot wallet.
When they introduced interest thing, I always said that you shouldn't keep more than you afford to lose, no matter how much you trust Freebitco.in. Not your keys, not your coins - we already had way too much stories with trusted sites falling.
I followed this rule too. I still have some BTC on Freebitco.in. Somewould call it significant amount, but it's not life changing if I would lose it

Though, it would seem to me that Freebitcoin was never supposed to be wallet, in the first place. Sure, they offered some tools and instrument for people to win passive income through deposits of Bitcoin and also in their token, but to me it was an over kill from them.

They were already profitable and a casino, why would they even bother to turn into a neobanl as well?

I still believe their FUN token was the main cause of this disaster to unfold, it could provoke some imbalance in their liquidity, forcing them to withhold money from their gamblers and depositors in order not to go bankrupt..

[mantoplopr]

https://sirv.freebitco.in/1576652773_Sbwj5awY.jpg

works most for you

[STT]

I still attribute negligence mostly rather then anything conspiratorial or deliberate.  I was looking for stats and asked for an estimate of potential ad revenue and it came back something heading into the million(s) monthly is possible which shows how much of a waste it would be to throw away that potential on not attending to various problems or doing the work.  That would be ad revenue before costs as an ideal still its a waste not to try all avenues.

  I dont think FUN caused them any harm or caused some negative for its existence, the risk is taken by buyers surely and like most things it scales; unless the cost to setup that up was so expensive; it produced the interest and traffic is justify itself at least from the company perspective imo.

At least I can still see bets for the BTC and ETH price I guess, the rest is not automated

[Don Pedro Dinero]

Though, it would seem to me that Freebitcoin was never supposed to be wallet, in the first place. Sure, they offered some tools and instrument for people to win passive income through deposits of Bitcoin and also in their token, but to me it was an over kill from them.

They were already profitable and a casino, why would they even bother to turn into a neobanl as well?

As far as I remember, because I haven't visited the site in a long time and I'm not going to, they supposedly used the deposited bitcoin to finance their mining operations, and with what they got from bitcoin mining they could pay that interest and still have a net profit for themselves. There was a message saying so on the page. But who knows. What happened to this site is so mysterious that we can only speculate.

[God Of Thunder]

As far as I remember, because I haven't visited the site in a long time and I'm not going to, they supposedly used the deposited bitcoin to finance their mining operations, and with what they got from bitcoin mining they could pay that interest and still have a net profit for themselves. There was a message saying so on the page. But who knows. What happened to this site is so mysterious that we can only speculate.

Most people believe Freebitco's ownership changed long ago. They used to have good support, and the website was more functional. They used to fix bugs and glitches quickly to avoid negative impacts on their website. But as you know, there are a lot of issues on their website, and they have been doing nothing to keep it up and running. It seems they don't care about customer feedback anymore.

Why would they do it if they can operate their business without spending a dime on new development? People should do their own research before they play. I think we do research even if we are old players and come back to a casino after a while.

[Fivestar4everMVP]

As far as I remember, because I haven't visited the site in a long time and I'm not going to, they supposedly used the deposited bitcoin to finance their mining operations, and with what they got from bitcoin mining they could pay that interest and still have a net profit for themselves. There was a message saying so on the page. But who knows. What happened to this site is so mysterious that we can only speculate.

Most people believe Freebitco's ownership changed long ago. They used to have good support, and the website was more functional. They used to fix bugs and glitches quickly to avoid negative impacts on their website. But as you know, there are a lot of issues on their website, and they have been doing nothing to keep it up and running. It seems they don't care about customer feedback anymore.

Why would they do it if they can operate their business without spending a dime on new development? People should do their own research before they play. I think we do research even if we are old players and come back to a casino after a while.

Possibly you are right, though we can not for real what is the reason behind the fall of this casino since they were doing so well until late 2023 when all of a sudden, somethings stopped working as they should and the team never made any official announcements to address the issue, it all began with some gambler losing their deposits and withdrawals, those who deposited to the casino were never credited and those who withdraw didn't get their money to the address they provided, but rather, their money was sent to another address they had no custody over.

Many of us began to believe that the management of the site must have changed when wetsuit and the other guy who were both freebitco's rep on this forum disappeared all of a sudden back then in 2023 and have never showed up till date.

[fbtcvip10]

In my opinion funtoken is not the problem , instead it's helping them to make huge profits, if you watch the tokens chart, it gets big volumes some days, I'm sure their team are doing something and are making big profits. I think they have money but the site has to be closed because of regulatory issues.