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Author Topic: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live!  (Read 264265 times)
jak3
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November 23, 2017, 08:16:48 PM
 #4621

I found this site back at 2013 maybe at that time it was paying like 1000 satoshi per roll. This was the site I was introduced with and I used to introduce this site to anyone who wants to join Bitcoin and start there money making journey. I have seen it going from a common Bitcoin faucet site to something more Complex and yet that made it a lot popular by the time. They have married a lot of options and futures like gambling and advertisement and I now I observe those weekly lottery prizes which can change someone's life.


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November 24, 2017, 07:56:09 AM
 #4622

I was also wondering about the bitcoin gold exchange rate that freebitco.in is offering. I had about 0.5BTC at the time of the fork which now I would like to claim and possibly convert back to bitcoin but with the current exchange rate I will be losing about 0.012BTC=~$100 (price is currently 0.041BTC on Yobit)

I know it is tough to change the exchange rate of a volatile asset on the site every second but it would be great if you could add an option to withdraw bitcoin gold if anyone wants.
you can even do a weekly withdrawal like how BTC withdrawal works, maybe someone wants to hold their BTG until it is properly pumped to 0.1BTC or even more!!!

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November 24, 2017, 08:58:41 AM
 #4623

Will you get for BTG/BCC also the interest of 4.08% p.a., which you will get daily for BTC??

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November 24, 2017, 09:32:42 AM
 #4624

I know it is tough to change the exchange rate of a volatile asset on the site every second but it would be great if you could add an option to withdraw bitcoin gold if anyone wants.
you can even do a weekly withdrawal like how BTC withdrawal works, maybe someone wants to hold their BTG until it is properly pumped to 0.1BTC or even more!!!
Be patient, I'm sure they're working on it. Just like BCH, they let people withdraw for certain period of time.
though since they are not exchange nor multi-coin wallet, they will cease the withdraw ability after some time.
you should understand that running another coin wallet service requires extra resources
so, don't expect them to have the "BTG withdrawal service" running forever
if you want to sell your "BTG until it is properly pumped to 0.1BTC" you should hold it on your exchange account

Will you get for BTG/BCC also the interest of 4.08% p.a., which you will get daily for BTC??
unfortunately I don't think so. the interest only applies to BTC balance

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November 24, 2017, 02:49:41 PM
 #4625

I know it is tough to change the exchange rate of a volatile asset on the site every second but it would be great if you could add an option to withdraw bitcoin gold if anyone wants.
you can even do a weekly withdrawal like how BTC withdrawal works, maybe someone wants to hold their BTG until it is properly pumped to 0.1BTC or even more!!!
Be patient, I'm sure they're working on it. Just like BCH, they let people withdraw for certain period of time.
though since they are not exchange nor multi-coin wallet, they will cease the withdraw ability after some time.
you should understand that running another coin wallet service requires extra resources
so, don't expect them to have the "BTG withdrawal service" running forever
if you want to sell your "BTG until it is properly pumped to 0.1BTC" you should hold it on your exchange account

well I had no balance on this website back in the time of bitcoin cash, all my balance was either in cold storage or on exchange wallet ready to be sold at the highest price which I did. but this time I was using this website to earn some profit and test some stuff so I had some balance there.

it would be great if they make an official announcement soon. price went up to 0.05[bt] today, as a trader I hate to miss out on the current pump Tongue

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November 24, 2017, 07:25:47 PM
 #4626

I know it is tough to change the exchange rate of a volatile asset on the site every second but it would be great if you could add an option to withdraw bitcoin gold if anyone wants.
you can even do a weekly withdrawal like how BTC withdrawal works, maybe someone wants to hold their BTG until it is properly pumped to 0.1BTC or even more!!!
They did announce that they are working on it.
Here is a quote:
~~ ANNOUNCEMENT ~~

I know you all have been waiting a while for this news, thank you for your patience!

You can now exchange your Bitcoin Gold for Bitcoin on the FreeBitco.in site. Soon we will also allow you to exchange that Bitcoin Gold to another wallet, if you don't wish to exchange it. The details on how to conduct the exchange are below and you can find the link prominently displayed on the Free BTC menu page within your account.

If you have any questions - feel free to list them here or PM me.


Quote from: FreeBitco.in Announcement on Exchanging Bitcoin Gold
If you had funds with us during the recent Bitcoin hard-fork, we have credited you with extra Bitcoin Gold (BTG) coins for each Bitcoin that you had with us.

You can exchange your Bitcoin Gold (BTG) that was credited to you directly into Bitcoin at a rate of 0.019 BTC/BTG. When you exchange, the extra Bitcoins will be added to your account balance and can be withdrawn instantly.

The BTG that you have received is in addition to the BTC that you had with us and is an extra amount which can be exchanged to increase your BTC holdings by 1.9% by simply clicking a button!

The option to withdraw your BTG will also be available in a few days.

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chris200x9
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November 25, 2017, 05:10:56 AM
 #4627

Will you get for BTG/BCC also the interest of 4.08% p.a., which you will get daily for BTC??

They never mention that they will pay you interest on other coins like bitcoin gold or bitcoin cash so if you want to earn interest then you need to convert those coins to bitcoin and keep in your wallet.

I was also wondering about the bitcoin gold exchange rate that freebitco.in is offering. I had about 0.5BTC at the time of the fork which now I would like to claim and possibly convert back to bitcoin but with the current exchange rate I will be losing about 0.012BTC=~$100 (price is currently 0.041BTC on Yobit)

I know it is tough to change the exchange rate of a volatile asset on the site every second but it would be great if you could add an option to withdraw bitcoin gold if anyone wants.
you can even do a weekly withdrawal like how BTC withdrawal works, maybe someone wants to hold their BTG until it is properly pumped to 0.1BTC or even more!!!

That is correct if the site can't implement correct conversion rate to the users then they should allow people to withdraw their coins and they shouldn't force them to convert at lower conversion rate.

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November 25, 2017, 06:04:35 AM
 #4628

Great balls of fire! We're rollin in the deep on an EPIC Rewards Points bonus weekend >>>>> 5x Rewards Points starts tonight!

For the entire weekend, we'll pay you 10 Rewards Points for a free roll, 5 Rewards Points for a multiply roll activity exceeding 1500 satoshi, and 5 Rewards Points for a referral roll!

Who's coming with me?

Follow us on Twitter to get more announcements of great promotions > https://twitter.com/freebitco

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November 25, 2017, 01:52:58 PM
 #4629

I was also wondering about the bitcoin gold exchange rate that freebitco.in is offering. I had about 0.5BTC at the time of the fork which now I would like to claim and possibly convert back to bitcoin but with the current exchange rate I will be losing about 0.012BTC=~$100 (price is currently 0.041BTC on Yobit)

I know it is tough to change the exchange rate of a volatile asset on the site every second but it would be great if you could add an option to withdraw bitcoin gold if anyone wants.
you can even do a weekly withdrawal like how BTC withdrawal works, maybe someone wants to hold their BTG until it is properly pumped to 0.1BTC or even more!!!

That is correct if the site can't implement correct conversion rate to the users then they should allow people to withdraw their coins and they shouldn't force them to convert at lower conversion rate.

well, good news is that they have finally implemented a way to withdraw BTG to our desired BTG address. I think they did it today. so everything is fine now.
according to the website you need to do it before 10th of January 2018 which is more than enough time for anyone to withdraw. the fee is also pretty low at 0.00001000 BTG. with minimum of 0.00007000 BTG.

thanks FreeBitcoi.in team.

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November 25, 2017, 02:01:02 PM
 #4630

I was also wondering about the bitcoin gold exchange rate that freebitco.in is offering. I had about 0.5BTC at the time of the fork which now I would like to claim and possibly convert back to bitcoin but with the current exchange rate I will be losing about 0.012BTC=~$100 (price is currently 0.041BTC on Yobit)

I know it is tough to change the exchange rate of a volatile asset on the site every second but it would be great if you could add an option to withdraw bitcoin gold if anyone wants.
you can even do a weekly withdrawal like how BTC withdrawal works, maybe someone wants to hold their BTG until it is properly pumped to 0.1BTC or even more!!!

That is correct if the site can't implement correct conversion rate to the users then they should allow people to withdraw their coins and they shouldn't force them to convert at lower conversion rate.

well, good news is that they have finally implemented a way to withdraw BTG to our desired BTG address. I think they did it today. so everything is fine now.
according to the website you need to do it before 10th of January 2018 which is more than enough time for anyone to withdraw. the fee is also pretty low at 0.00001000 BTG. with minimum of 0.00007000 BTG.

thanks FreeBitcoi.in team.

I wish I waited a little bit longer but I converted my BTG to BTC directly when the option was available. I did the same with BCH...
But nice to see that they made the withdrawals of BTG possible!

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November 25, 2017, 04:09:21 PM
 #4631

House edge at this site is huge but what surprised me most was lottery house edge. Last week 500 million Tickets have been sold and all rewards together were 2.5 bit coins more or less. Taking more than 40% from sold lottery tickets Is stealing  money,  not even regulated lotteries are taking so much money.
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November 25, 2017, 05:15:12 PM
 #4632

House edge at this site is huge but what surprised me most was lottery house edge. Last week 500 million Tickets have been sold and all rewards together were 2.5 bit coins more or less. Taking more than 40% from sold lottery tickets Is stealing  money,  not even regulated lotteries are taking so much money.
You have to take in to consideration that some significant amount of tickets comes from free rolls.
How many? I dont know, probably only wetsuit does. But shouting theft is not fair, if you ask me.
However there is some truth in your words, yet nobody is forcing you to take part in this lottery.
You can even disable it and benefit from higher ratio of reward points.

I guess we need more stats, never to much stats, i like stats  Grin

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November 25, 2017, 05:27:50 PM
 #4633

I guess we need more stats, never to much stats, i like stats  Grin
For starters, Freebitco.in is about to hit 10 million members, it is only around 3000 members short of it at the moment of posting this.

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November 25, 2017, 05:43:08 PM
 #4634

I guess we need more stats, never to much stats, i like stats  Grin
For starters, Freebitco.in is about to hit 10 million members, it is only around 3000 members short of it at the moment of posting this.
10 million members milestone, wow! they probably hit it in a week or so, bitcoin just hit yet another all time high. so i guess there will a lot of news coverage and eventually there will a few of people looking to get some freebitcoin. Roll Eyes



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November 25, 2017, 06:03:31 PM
 #4635

I guess we need more stats, never to much stats, i like stats  Grin
For starters, Freebitco.in is about to hit 10 million members, it is only around 3000 members short of it at the moment of posting this.
10 million members milestone, wow! they probably hit it in a week or so, bitcoin just hit yet another all time high. so i guess there will a lot of news coverage and eventually there will a few of people looking to get some freebitcoin. Roll Eyes
1000 more members joined in just 32 minutes, at this rate it is going to hit it in about an hour.

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November 25, 2017, 06:12:31 PM
 #4636

I guess we need more stats, never to much stats, i like stats  Grin
For starters, Freebitco.in is about to hit 10 million members, it is only around 3000 members short of it at the moment of posting this.
10 million members milestone, wow! they probably hit it in a week or so, bitcoin just hit yet another all time high. so i guess there will a lot of news coverage and eventually there will a few of people looking to get some freebitcoin. Roll Eyes
1000 more members joined in just 32 minutes, at this rate it is going to hit it in about an hour.
Damn! only 1400 to go lol. congrats in advance on hitting 10 million users, hoping to see some promotions. Cheesy



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BLACKBOX OS
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November 25, 2017, 07:26:18 PM
 #4637

And there it is, over 10 million members now.


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November 25, 2017, 11:47:29 PM
 #4638

And there it is, over 10 million members now.

https://media.giphy.com/media/F9DzQnxx6ZZNm/giphy.gif

is there going to be a celebration or event for this 10M members achievement?
perhaps a 10x RP for the whole week event...  Grin or maybe a 1000% free roll bonus for the whole day...  Shocked
I know freebitco.in is a faucet but I'm pretty sure the multiply btc (gambling) part of the site generate good amount income for wetsuit  Roll Eyes

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November 25, 2017, 11:59:52 PM
 #4639

I would assume they would have an event scheduled for such a milestone.

Just to be known how much they will be giving out to the players who are part of this celebration would be the real question. Smiley

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November 26, 2017, 12:02:48 AM
 #4640

And there it is, over 10 million members now.



Congrats to attract so many members to this site. This is a huge members list and I don't think any other gambling sites or faucet sites got so many members.

Still, admin manages this site very well by providing payments to members on time without any issues.

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