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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 368918 times)
Don Pedro Dinero
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October 29, 2017, 03:24:40 AM
 #4281

It's still just a faucet.
It's exactly a faucet. I use like a wallet actually.

The site is trusted but it is not advised to store all your bitcoins in an online wallet particularly site is involved in gambling and mining business. It is better to store some coins and rest of them should store in a desktop offline wallet. Just because of 4% interest rate don't take so much risk.

He hasn’t said he is using it as his only wallet. I also use it as a wallet, one of the three wallets I have, so I can profit from the 4% interest without putting all my bitcoin investment at risk, although I think the risk is low. That interest is much more than what my bank gives me for having my money in a savings account.

Also, he never mentioned that he is using other wallets as well so I thought it is better to advise new people because as per me keeping your coins in any online wallets always got a high risk of losing money. Not only this site wallet but even all other online wallets shouldn't store our long-term coins just for 4% interest. In banks even though you get less than 4% but money is safer compared to this wallet.

Yes, you are right. Some people in the forum become too enthusiastic about bitcoin soon after discovering it so the advice can be useful for him or for others reading this thread.

Apart from that, I am fully aware that money in my bank account is safer than in this wallet (or site, if you prefer) that’s why I have a much lower amount in it.
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October 29, 2017, 04:41:59 AM
 #4282

It's still just a faucet.
It's exactly a faucet. I use like a wallet actually.

Using it as a wallet is not bad, actually, having a significant amount stored to it would earn you some from their new feature wherein you get 4%(im not sure with the figure) annually.

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October 29, 2017, 09:36:39 AM
 #4283

It's still just a faucet.
It's exactly a faucet. I use like a wallet actually.

Using it as a wallet is not bad, actually, having a significant amount stored to it would earn you some from their new feature wherein you get 4%(im not sure with the figure) annually.
4.08% is the annual interest. Wink storing/keeping large amount of coins would be a bad idea, it's too risky(just my opinion). i never keep anything on online wallets/exchanges, they can be hacked!
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October 29, 2017, 09:58:01 AM
 #4284

Actually how does this site make the money to give free BTC out?
 Huh

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October 29, 2017, 10:02:21 AM
 #4285

It's still just a faucet.
It's exactly a faucet. I use like a wallet actually.

Using it as a wallet is not bad, actually, having a significant amount stored to it would earn you some from their new feature wherein you get 4%(im not sure with the figure) annually.

It is not bad indeed, but it is just too risky as their main service is not as a wallet. Better to use other online wallet or cold wallet to store big amounnt of bitcoin. Even though the site is trusted, but I would never use them as wallet and for 4.08% annual interest.

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October 29, 2017, 11:10:31 AM
 #4286

Actually how does this site make the money to give free BTC out?
 Huh

It's right on the "earn" tab.
Profits from mining/hosting gambling. Abd 35 Sats an hour per user is not much for a site with 500BTC.

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October 29, 2017, 01:52:48 PM
 #4287

anyone here actually using this site to store their coins? like more than .1btc of coins stored here just to earn interest rates? can i know some feedback? i would like to store some of my coins here
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October 29, 2017, 02:10:26 PM
 #4288

anyone here actually using this site to store their coins? like more than .1btc of coins stored here just to earn interest rates? can i know some feedback? i would like to store some of my coins here
Yeah, I'm storing some for pure interest rate. I don't gamble, only freerolls once in a while.
So far this website has proven itself quite reliable, no reason for lack of thrust for wetsuit(owner).
They give cool options during forks so no need to move the coins back and forth, interest rate seems legit/realistic, not to mention all the chances(tho slim) for additional rewards from free rolls, makes it (IMO) good and safe method for investment.
Remember, risk only that what you are ready to loose anyway. All in all its a gambling website.

What I really like is that they still moving, model changes, new options are being added from time to time and there are no adds and all the similar annoyances.
Give it a try and check for yourself, it wont make you rich overnight but this 0.01% daily is still something!
Its like making bitcoin POS Smiley   

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October 29, 2017, 02:50:39 PM
 #4289

anyone here actually using this site to store their coins? like more than .1btc of coins stored here just to earn interest rates? can i know some feedback? i would like to store some of my coins here

I have 1.3 in there. Partially for the interest rate and partially to make to forks easier as they're a great site!
That being said, if you want a better interest rate (but with less funds accessibility, there's always bw.com who offer 8%).


(No one quote this and say I shouldn't be doing this as I know it's not recommended but they are quite trustworthy and have a good service).


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October 29, 2017, 04:11:48 PM
 #4290

Hey Wetsuit, Myfe.

I learned a lesson today, and I'm hoping that you might consider implementing a new feature or perhaps change the text in a portion of Freebitco.in so maybe others won't have to deal with what I'm currently dealing with.

The lesson I learned is that the auto-payment option withdraws your entire balance of bitcoin from freebitco.in. I read that the minimum was 30,000 satoshis. Seeing no place to enter a withdrawal amount, I assumed 30,000 satoshis was going to be withdrawn from my account. Hence the situation I am in. My plan was to try a new online wallet, and fund this wallet with an automatic withdrawal of 30,000 satoshis. Now the balance is pending confirmation to this new, untested, wallet.

So understandably, I'm nervous. Hopefully this new wallet functions as it should and I can transfer my bitcoin back to freebitco.in soon. I'm fully aware that this is not the fault of Freebitco.in, but maybe either a user-specified amount can be entered under the auto-withdrawal tab? Or perhaps a warning in that tab that explains your full balance if over 30,000 satoshis gets withdrawn?

Thank you for your consideration.
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October 29, 2017, 04:26:57 PM
 #4291

Have you seen this week lottery , a guy with just 2 tickets got approximately 600 usd (5th place with 0.119 BTC )...he/she is very super lucky ... I wish one day I earn something with that lottery
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October 29, 2017, 04:59:35 PM
 #4292

Have you seen this week lottery , a guy with just 2 tickets got approximately 600 usd (5th place with 0.119 BTC )...he/she is very super lucky ... I wish one day I earn something with that lottery
who ever he/she is, we don't know that was real or not or the owner use that account Shocked i don't care, i'm just buying that sh*t only for make my faucet base earning doubled.
and sorry, who know when will we got the BTG from this faucet ?
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October 29, 2017, 05:44:10 PM
 #4293

To everyone storing their Bitcoins on this site: you do realize that they might support the hard fork mid september IF that has the most miner backing? I suggest to withdraw your Bitcoins to your own wallet before the fork. You can always restore them a few days later. It would be a pity to see that the interest you built up has been converted into some altcoin!
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October 29, 2017, 05:52:33 PM
 #4294

To everyone storing their Bitcoins on this site: you do realize that they might support the hard fork mid september IF that has the most miner backing? I suggest to withdraw your Bitcoins to your own wallet before the fork. You can always restore them a few days later. It would be a pity to see that the interest you built up has been converted into some altcoin!

They'll support the coin that has the most support from miners. The other one (bitcoin core or bitcoin segwitx2) will be available for withdraw in a compatible wallet.
So if they support bitcoin segwitx2, the bitcoin core I've earned interests with will still be available.

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October 29, 2017, 06:10:53 PM
 #4295

To everyone storing their Bitcoins on this site: you do realize that they might support the hard fork mid september IF that has the most miner backing? I suggest to withdraw your Bitcoins to your own wallet before the fork. You can always restore them a few days later. It would be a pity to see that the interest you built up has been converted into some altcoin!

They'll support the coin that has the most support from miners. The other one (bitcoin core or bitcoin segwitx2) will be available for withdraw in a compatible wallet.
So if they support bitcoin segwitx2, the bitcoin core I've earned interests with will still be available.

You are right. I should've read it more carefully, thanks!
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October 29, 2017, 07:05:13 PM
 #4296

On https://freebitco.in/?op=stats Personal Stats, are the figures accurate?
For me, free roll winnings + ref earnings +/- multiply & lottery & jackpots ≠ total payouts


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October 29, 2017, 07:33:20 PM
 #4297

On https://freebitco.in/?op=stats Personal Stats, are the figures accurate?
For me, free roll winnings + ref earnings +/- multiply & lottery & jackpots ≠ total payouts

Can you post a screenshot here? Is it more or less than the total payouts?

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October 29, 2017, 07:56:26 PM
 #4298

On https://freebitco.in/?op=stats Personal Stats, are the figures accurate?
For me, free roll winnings + ref earnings +/- multiply & lottery & jackpots ≠ total payouts

Can you post a screenshot here? Is it more or less than the total payouts?

Earnings are way more than total payouts, a discrepancy of ~0.042 BTC.


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October 29, 2017, 08:04:18 PM
 #4299

On https://freebitco.in/?op=stats Personal Stats, are the figures accurate?
For me, free roll winnings + ref earnings +/- multiply & lottery & jackpots ≠ total payouts

Can you post a screenshot here? Is it more or less than the total payouts?

Earnings are way more than total payouts, a discrepancy of ~0.042 BTC.

Is that including everything else, lottery tickets, multiply bet amounts, amount in your current balance? A screenshot would be very useful here if you could send it to their support although I reckon its probably a database callback error at the point of viewing statistics as they're probably not too accurate, just a guide, and you haven't noticed that 0.042BTC exiting your account.

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October 30, 2017, 12:12:34 AM
 #4300

Another crazy thing happened in freebitco.in lottery - user with only 2 tickets won 0.11908959 BTC. It's not first place prize worth 2 btc, but still, it's nice amount of money. Since provably fair lottery was implemented, we can swe quite often that users with extremely low amount of tickets win in the lottery.
This time it's possible that was accidental user of freebitco.in who maybe will not return to freebitco.in again. And maybe he even will not realize that he won btc in lottery. I know that every lottery winner got email notification, but manny people not checking their email messages carefully.




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