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[hroub]

I'm still experimenting with my adapted Martingale.

All experiments with martingale ended the same way. Why do you think you are smarter than everyone else and ignoring facts?

One trick I recently started using to avoid dangerously long streaks is watching the rolled numbers and try to predict a pattern.

You can watch rolled numbers 20 years and you won't find any pattern, you know why? Because there isn't any.

Usually it;s not easy, but a few times, you could detect a recognizable pattern.

No, you can't!

Example: if you roll the following sequence of numbers:
13503
24679
39573
45012
You can bet almost safely that the next roll would be higher than 50000

Or lower than 5000.

Another example of a recognizable pattern is something like:
49321
51893
46061
54021
32023
You can bet almost safely that the next would be above 6000

Or under 6000.

Then again, the problem with these patterns is that you never know when they change and switch to another pattern or just another totally irrelevant random number 

Which means it is random.
After 20 rolled high numbers chance to roll high number IS 50%(little less because HE), also chance to roll low number is the same - nearly 50%.
There is no pattern, there is no such thing as higher chance on next roll because previous roll was...
Your math sucks   

Lol where do you see any math in the above quotes? I can probably School u in math any day. I just haven’t done any probability calculations in this thread (yet)

I was merely referring to the patterns as a concept. I don’t think each rolled number is independent. I think (or hope) in this particular provably fair game that all the rolls played should average to 50000. I haven’t read the randomization algorithm they are using so I guess I’m just speculating

[TheQuin]

Lol where do you see any math in the above quotes? I can probably School u in math any day. I just haven’t done any probability calculations in this thread (yet)

Mathematics isn't what you are missing, it is the very definition of words. The rolls come from an RNG (Random number Generator). Random implies the absence of patterns. You may think you see them but that is a quite normal behaviour in a human to find order where it doesn't exist. Go back up a bit to one of my previous posts and follow the link to Gambler's Fallacy and you can find out where you are going wrong.

 

[hroub]

Lol where do you see any math in the above quotes? I can probably School u in math any day. I just haven’t done any probability calculations in this thread (yet)

Mathematics isn't what you are missing, it is the very definition of words. The rolls come from an RNG (Random number Generator). Random implies the absence of patterns. You may think you see them but that is a quite normal behaviour in a human to find order where it doesn't exist. Go back up a bit to one of my previous posts and follow the link to Gambler's Fallacy and you can find out where you are going wrong.

I see I got some interesting reading to do. Thanks for pointing that link out. But isn’t provably fair supposed to use an algorithm that “balances nature”? The provably fair document is too long for me to read right now. I should be preparing for my final exams lol

EDIT: I guess I’ll come back to the provably fair thing and the fallacy after finals... I’ll stop trolling

[TheQuin]

I see I got some interesting reading to do. Thanks for pointing that link out. But isn’t provably fair supposed to use an algorithm that “balances nature”?

No. Nature is in no way involved. In short, it uses encryption to hash 2 strings (seeds) into hexadecimal numbers. One on the server and one on the client. By telling us the hash of the server seed in advance and allowing to change our client seed we can prove that the number was truly random when the 2 numbers are combined.

[hroub]

I see I got some interesting reading to do. Thanks for pointing that link out. But isn’t provably fair supposed to use an algorithm that “balances nature”?

No. Nature is in no way involved. In short, it uses encryption to hash 2 strings (seeds) into hexadecimal numbers. One on the server and one on the client. By telling us the hash of the server seed in advance and allowing to change our client seed we can prove that the number was truly random when the 2 numbers are combined.

The reason I thought that it needs to balance in the end, was because I remember in an IT classes, a while back, (java or similar language) we played with a RAND(), and I remember learning that no RAND() is truly random and that it is possible for a random sequence to eventually repeat itself (wish I
paid more attention in class, but I simply never cared for randomness or gambling until encountering this website). Does this mean anything to anymore?

[TheQuin]

in an IT classes, a while back, (java or similar language) we played with a RAND(), and I remember learning that no RAND() is truly random

It is true that creating random numbers on computers has historically not been truly random. Generally, it is done from the system clock using the last x number of digits down to the millisecond. So if your program repeats at certain intervals it can make some numbers more likely to come out than others. By using encryption hashing we now have an easy to use method of creating truly random numbers.

and that it is possible for a random sequence to eventually repeat itself

Of course, random events can be repeated. It is just a question of what the probability of that event occurring is. Probably one of the most important things to realise when indulging in gambling on random events is that even the most unlikely event will happen eventually given a large enough sample size.

[Pursuer]

is there any official announcement for these recent bitcoin forks? I checked the previous 2 pages and I didn't see anyone talking about them.

these days it seems like there are going to be a lot of forks. at least 5 forks are scheduled for December starting with 15th of Dec! and it would be great if we  could get these coins for the balance that we keep on freebitco.in otherwise we would have to keep withdrawing before the snapshot is taken and deposit back.
and if I am not mistaken at least 1 snapshot was taken after bitcoin gold one. it was called "bitcoin Liza". all I know is that Yobit credited their users' accounts with the tokens which they are trading.

[Chris314]

Their hard fork policy have been displayed for quite a while before segwitx2 planned fork. If the new blockchain is viable, they usually allow users to exchange new bitcoins for bitcoin core at a détermined rate, or to withdraw those new coins to another wallet.
That is supposing the new blockchain is viable. Will it be the case with the announced forks?

[lite]

is there any official announcement for these recent bitcoin forks? I checked the previous 2 pages and I didn't see anyone talking about them.

these days it seems like there are going to be a lot of forks. at least 5 forks are scheduled for December starting with 15th of Dec! and it would be great if we  could get these coins for the balance that we keep on freebitco.in otherwise we would have to keep withdrawing before the snapshot is taken and deposit back.
and if I am not mistaken at least 1 snapshot was taken after bitcoin gold one. it was called "bitcoin Liza". all I know is that Yobit credited their users' accounts with the tokens which they are trading.

https://bitcointalk.org/index.php?topic=2257164.msg22888636#msg22888636
Freebitco.in will support/allow withdrawal of forks , if they have a working wallet and blockchain.

[Don Pedro Dinero]

is there any official announcement for these recent bitcoin forks? I checked the previous 2 pages and I didn't see anyone talking about them.

these days it seems like there are going to be a lot of forks. at least 5 forks are scheduled for December starting with 15th of Dec! and it would be great if we  could get these coins for the balance that we keep on freebitco.in otherwise we would have to keep withdrawing before the snapshot is taken and deposit back.
and if I am not mistaken at least 1 snapshot was taken after bitcoin gold one. it was called "bitcoin Liza". all I know is that Yobit credited their users' accounts with the tokens which they are trading.

https://bitcointalk.org/index.php?topic=2257164.msg22888636#msg22888636
Freebitco.in will support/allow withdrawal of forks , if they have a working wallet and blockchain.

In that link Myfe talks about two past forks but not about the upcoming ones. I think it is very likely that they are going to follow the same policy but until I see Myfe saying it or an announcement on their website I won’t be 100% sure.

I hope this is the case, because their policy about forks has made it easier for customers to do whatever they want, exchange of withdraw, just after the fork, whereas in some other faucets and casinos they just don’t give you any coins, or they only give you the option to withdraw them, and even some exchanges don’t give you the option or they implement the exchange option later on.

[Juggy777]

is there any official announcement for these recent bitcoin forks? I checked the previous 2 pages and I didn't see anyone talking about them.

these days it seems like there are going to be a lot of forks. at least 5 forks are scheduled for December starting with 15th of Dec! and it would be great if we  could get these coins for the balance that we keep on freebitco.in otherwise we would have to keep withdrawing before the snapshot is taken and deposit back.
and if I am not mistaken at least 1 snapshot was taken after bitcoin gold one. it was called "bitcoin Liza". all I know is that Yobit credited their users' accounts with the tokens which they are trading.

https://bitcointalk.org/index.php?topic=2257164.msg22888636#msg22888636
Freebitco.in will support/allow withdrawal of forks , if they have a working wallet and blockchain.

In that link Myfe talks about two past forks but not about the upcoming ones. I think it is very likely that they are going to follow the same policy but until I see Myfe saying it or an announcement on their website I won’t be 100% sure.

I hope this is the case, because their policy about forks has made it easier for customers to do whatever they want, exchange of withdraw, just after the fork, whereas in some other faucets and casinos they just don’t give you any coins, or they only give you the option to withdraw them, and even some exchanges don’t give you the option or they implement the exchange option later on.

Freebitco.in always has one simple policy in place, as and when a fork is confirmed it shall put a notice on it's  site, and if a fork is successfully completed, it shall credit you with a certain amount as and when it's confirmed there is a working wallet. Freebitco.in will never give out any money, unless there is a wallet for the fork and that is working well. Normally all the news are posted on their site, I think you may have missed it.

[merc1969]

Nicehash hacked !
Am just concerned about the security features in place for sites like freebitco.in
Overnight, all your BTC will be gone !!!
https://www.usnews.com/news/business/articles/2017-12-07/bitcoin-miner-nicehash-reports-hack-theft-of-its-wallet

[TheQuin]

Nicehash hacked !
Am just concerned about the security features in place for sites like freebitco.in
Overnight, all your BTC will be gone !!!
https://www.usnews.com/news/business/articles/2017-12-07/bitcoin-miner-nicehash-reports-hack-theft-of-its-wallet

You are obviously very new to the scene. This is just another in a long line of hacks although there are a lot less frequent now than they were before. You have to make a judgment about both how trustworthy and competent the site owners are. Wetsuit would be right at the top of my list for both.

[moneyfornothing]

Freeroll prize is now 14 satoshi. Will you divide satoshis into parts if bitcoin price continue growing? You have to also calculate referral comissions to freerolls and interests...

[DARKANGEL6415]

I see I got some interesting reading to do. Thanks for pointing that link out. But isn’t provably fair supposed to use an algorithm that “balances nature”?

No. Nature is in no way involved. In short, it uses encryption to hash 2 strings (seeds) into hexadecimal numbers. One on the server and one on the client. By telling us the hash of the server seed in advance and allowing to change our client seed we can prove that the number was truly random when the 2 numbers are combined.

I know you mentioned that it is all random but at times i ask my self arent odds still just percentages.  I remember 1 time i rolled 16,000 spins to get the bonus. I did not get it mot 1 single time. Now mathematically you would think i would get it atleast one time maybe two if really lucky.

[merc1969]

Your point being ... ?

Nicehash hacked !
Am just concerned about the security features in place for sites like freebitco.in
Overnight, all your BTC will be gone !!!
https://www.usnews.com/news/business/articles/2017-12-07/bitcoin-miner-nicehash-reports-hack-theft-of-its-wallet

You are obviously very new to the scene. This is just another in a long line of hacks although there are a lot less frequent now than they were before. You have to make a judgment about both how trustworthy and competent the site owners are. Wetsuit would be right at the top of my list for both.

[Chris314]

Freeroll prize is now 14 satoshi. Will you divide satoshis into parts if bitcoin price continue growing? You have to also calculate referral comissions to freerolls and interests...

All is calculated upon bitcoin price for 200$, that determines the higher prize. The smaller prizes are then divided   by ten each time.
À simple calculation tells us that when (if) bitcoin price reaches 50k$, then the smallest reward will be 1 satoshi (worth 0, 002$).
I don't know however how it will be if price goes above 50k$, the automatic system will then reward with less than a satoshi?

[Don Pedro Dinero]

is there any official announcement for these recent bitcoin forks? I checked the previous 2 pages and I didn't see anyone talking about them.

these days it seems like there are going to be a lot of forks. at least 5 forks are scheduled for December starting with 15th of Dec! and it would be great if we  could get these coins for the balance that we keep on freebitco.in otherwise we would have to keep withdrawing before the snapshot is taken and deposit back.
and if I am not mistaken at least 1 snapshot was taken after bitcoin gold one. it was called "bitcoin Liza". all I know is that Yobit credited their users' accounts with the tokens which they are trading.

https://bitcointalk.org/index.php?topic=2257164.msg22888636#msg22888636
Freebitco.in will support/allow withdrawal of forks , if they have a working wallet and blockchain.

In that link Myfe talks about two past forks but not about the upcoming ones. I think it is very likely that they are going to follow the same policy but until I see Myfe saying it or an announcement on their website I won’t be 100% sure.

I hope this is the case, because their policy about forks has made it easier for customers to do whatever they want, exchange of withdraw, just after the fork, whereas in some other faucets and casinos they just don’t give you any coins, or they only give you the option to withdraw them, and even some exchanges don’t give you the option or they implement the exchange option later on.

Freebitco.in always has one simple policy in place, as and when a fork is confirmed it shall put a notice on it's  site, and if a fork is successfully completed, it shall credit you with a certain amount as and when it's confirmed there is a working wallet. Freebitco.in will never give out any money, unless there is a wallet for the fork and that is working well. Normally all the news are posted on their site, I think you may have missed it.

Yes, you are (both) right. I had to re-read the link and, although he was talking about "Bitcoin Gold" and "Bitcoin Segwit 2x" forks (as well as the previous "Bitcoin Cash" one), at some point he states:

Hard Fork Policy Announcement

Bitcoin has 2 hard forks planned in the near future - "Bitcoin Gold" and "Bitcoin Segwit 2x". As we have done with the "Bitcoin Cash" hard fork in the past, we shall support withdrawals of all hard fork coins as long as they are viable - ie. have wallet support, a working blockchain and straightforward redemption policies.

[Heartilly]

So now what, after all the lottery is now legit as the owners says, still no one from bitcointalk got the reward after lots of weekly draws?

Players from bitcointalk really unlucky if that is still the case.

[Raegorl]

Is this faucet still worth playing? I see it constantly mentioned in threads asking about the best ways to earn some bitcoin on the side, but i'm entirely sold on the idea. Seems like the house edge on the "multiply btc" tab is too high...

What are your guys strats for profiting on the site?