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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 446322 times)
TheQuin
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December 04, 2017, 02:45:08 PM
 #4741

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.

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December 04, 2017, 03:33:23 PM
 #4742

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?

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December 04, 2017, 03:53:05 PM
 #4743

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.

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December 06, 2017, 08:16:03 AM
 #4744

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.

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December 06, 2017, 09:38:36 PM
 #4745

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?

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December 07, 2017, 09:04:55 AM
 #4746

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.
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December 07, 2017, 10:17:35 AM
 #4747

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.

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December 07, 2017, 11:24:34 AM
 #4748

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.

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December 07, 2017, 01:09:39 PM
 #4749

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

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December 07, 2017, 01:16:06 PM
 #4750

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.

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December 07, 2017, 01:20:55 PM
 #4751

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...
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December 07, 2017, 04:17:01 PM
 #4752

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.

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December 07, 2017, 04:36:41 PM
 #4753

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.

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December 07, 2017, 07:04:04 PM
 #4754

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?

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December 07, 2017, 07:20:42 PM
 #4755

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
Quote from: FreeBitco.in HARD FORK POLICY
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
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December 07, 2017, 10:38:21 PM
 #4756

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. Smiley

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Raegorl
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December 07, 2017, 11:31:57 PM
 #4757

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?

habibruis
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December 08, 2017, 01:07:45 AM
 #4758

I have got some payout from this site I think this is the oldest faucet for earning some fee btc. it is 100% legit. 

chris200x9
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December 08, 2017, 01:29:13 AM
 #4759

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?

As you already said that house edge is high so I never play their hi-low game but only getting some free coins to try my luck in a lottery system. Still waiting for my turn in a lottery.

Even on other lower house edge dice sites also I didn't win money so far but only profit got from cricket betting.
Kakmakr
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December 08, 2017, 06:39:20 AM
 #4760

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?

I started using the site, when we still got above 800 Sat/h and I quickly accumulated a lot of referrals. At one stage, I did not even have to use the free roll option, because my referrals provided me with enough passive income. I never used any of the Satoshi that I received from the site, because it only created dust in my paper wallet.

One day, when a Satoshi is worth $1, I will sweep that wallet and go on a holiday. <Travel to all the countries, I have not visited yet.>

My vision is focused on the future value, not on the current worth of the few Satoshi that are paid out now. ^smile^

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