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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 377847 times)
TheQuin
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April 02, 2018, 09:58:04 AM
 #5661

For everyone asking about the 30k minimum withdrawal. I've asked wetsuit what he thinks and I'll let you know when he gets back to me.

My personal opinion is that it is not a problem as we also accept deposits. So if you have made 5k from the free rolls you can deposit 25k and withdraw 30k.

As we're adding more coins which are likely to be more suitable than Bitcoin for micropayments, the issue will probably go away then anyway.


Yes, with addition of other coins withdrawals of small amounts will have no issues, but I still suggest you to keep the old name, FreeBitco.in, since it's very well known in the Bitcoin community. For example, The Coca-Cola Company produces not only Coca-Cola, but also Sprite, Fanta, various juices, vitamin waters and ice teas, but after a long history of acquisitions they still keep the famous name. Imo FreeBitco.in stands out among the faucets like Coca-Cola among the beverages.

FWIW I agree about the name but I'm not the boss. He wants to get away from the 'free' bit of the name and make it more of a non-KYC exchange come gambling site.

freebitcoin.TO WIN A  LAMBORGHINI!..

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April 02, 2018, 01:23:05 PM
 #5662

My account was 6 months old, but my minimum free roll only a half as before  Cry

Why site owner decrease my minimum free roll?  Huh

Please give it back to my account. I always follow the rules.  Cry
TheQuin
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April 02, 2018, 01:29:09 PM
 #5663

My account was 6 months old, but my minimum free roll only a half as before  Cry

Why site owner decrease my minimum free roll?  Huh

Please give it back to my account. I always follow the rules.  Cry

Myfe will no longer be handling the forum support for freebitco.in. TheQuin will be the new support manager so please direct your questions/comments at him.

The reduced free play base rewards is still a work in progress. We have been forced to put in additional protections to maintain our sustainability since there is an ongoing attack of a huge number of bots abusing the free play (most likely using a botnet). All our previous protections have failed against this and any new protections are adapted to within a couple of days. So we have been forced to reduce the free play rewards using an algorithm, specifics of which I cannot reveal as that would compromise it.

I've got a few more details about the reduced awards algorithm I can share with you.


The algorithm for reducing rewards takes a combination of the balance, wager, lottery and jackpot spending to calculate the reward. Jackpot spending has a higher weight (4x) and the lottery has the highest weight (20x).

If you do not want to gamble you can keep a balance above $50 to not have reduced rewards.

Most users will not need to keep the full balance though because their gambling history is also added up to calculate.

New accounts have full rewards for the first 100 rolls to help them build up a history and then the algorithm is applied to them. So opening a new account might seem like it helps but it won't.

Additionally, the balance needed to have no captcha is $100.


freebitcoin.TO WIN A  LAMBORGHINI!..

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April 02, 2018, 02:28:48 PM
 #5664

@Thequin, are there any updates on the rebrand? Is there already a date ?
It would indeed be a good idea to set the minimum payout at 2$, which is quite easily achievable.

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April 02, 2018, 02:38:27 PM
 #5665

@Thequin, are there any updates on the rebrand? Is there already a date ?
It would indeed be a good idea to set the minimum payout at 2$, which is quite easily achievable.

I'll let you know as soon as I do have any more information but I think it isn't going to get started on for a couple of months. It involves complete re-coding so I can't estimate how long that will take. There is going to be something extra added before then that wetsuit is working on now. I'll keep you guessing on that.

freebitcoin.TO WIN A  LAMBORGHINI!..

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April 02, 2018, 04:11:15 PM
 #5666

@Thequin, are there any updates on the rebrand? Is there already a date ?
It would indeed be a good idea to set the minimum payout at 2$, which is quite easily achievable.

I'll let you know as soon as I do have any more information but I think it isn't going to get started on for a couple of months. It involves complete re-coding so I can't estimate how long that will take. There is going to be something extra added before then that wetsuit is working on now. I'll keep you guessing on that.


I think it is not a secret anymore.... They will not just add some Alt coins, they will also add a exchange for these coins. I

think they might even add their own Alt coin to this exchange too, because with a massive user base like they have now, it

would only make sense. {Mining their own Alt coin / Hosting their own exchange / distributing their own coin via their own

popular faucet.}  Wink

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TheQuin
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April 02, 2018, 04:18:59 PM
 #5667

I think it is not a secret anymore....

No, I mean we've got something else for you before all that  Wink

PS. The own coin thing I just added to my list of suggestions to pass on to wetsuit.

freebitcoin.TO WIN A  LAMBORGHINI!..

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shield132
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April 02, 2018, 09:36:40 PM
 #5668

Wow, just saw a posts of owner and it's really surprise. Seems freebitco is rebranding and congratulate it. Btw liked those old memories from this website, it was a great place and very popular faucet 4-5 years ago.
It needs rebranding and hope it will help you somehow.
Welcome TheQuin too...

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Oilacris
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April 02, 2018, 09:52:24 PM
 #5669

For everyone asking about the 30k minimum withdrawal. I've asked wetsuit what he thinks and I'll let you know when he gets back to me.

My personal opinion is that it is not a problem as we also accept deposits. So if you have made 5k from the free rolls you can deposit 25k and withdraw 30k.

As we're adding more coins which are likely to be more suitable than Bitcoin for micropayments, the issue will probably go away then anyway.


Yes, with addition of other coins withdrawals of small amounts will have no issues, but I still suggest you to keep the old name, FreeBitco.in, since it's very well known in the Bitcoin community. For example, The Coca-Cola Company produces not only Coca-Cola, but also Sprite, Fanta, various juices, vitamin waters and ice teas, but after a long history of acquisitions they still keep the famous name. Imo FreeBitco.in stands out among the faucets like Coca-Cola among the beverages.

FWIW I agree about the name but I'm not the boss. He wants to get away from the 'free' bit of the name and make it more of a non-KYC exchange come gambling site.

Im with Betwrongs suggestion that the name should be the same because it do already marked into minds of lots of people into this crypto-market and we do know how popular this site but as you said you are not the boss.I dont see any problems with that 'free' tag on its name since this is where the site gain its popularity. Talking about into exchange matter im quiet excited with that one but would really takes time for such transition.

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April 02, 2018, 11:19:35 PM
 #5670

FWIW I agree about the name but I'm not the boss. He wants to get away from the 'free' bit of the name and make it more of a non-KYC exchange come gambling site.

Im with Betwrongs suggestion that the name should be the same because it do already marked into minds of lots of people into this crypto-market and we do know how popular this site but as you said you are not the boss.I dont see any problems with that 'free' tag on its name since this is where the site gain its popularity. Talking about into exchange matter im quiet excited with that one but would really takes time for such transition.

I second TheQuin's opinion, I think wetsuit wants to change people's perceptions of the site
wetsuit wants to detach the 'free' from his site and create new name to make it sound better when he introduces more features to the site
keeping the word 'free' would bring problems later as people would feel mislead by the word 'free'
they would expect the 'free' stuff is dominant on the site while wetsuit intends to make core of the site as business

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April 03, 2018, 02:09:52 AM
 #5671

Anybody win the lottery in this game? And who can withdraw btc from here?
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April 03, 2018, 02:15:20 AM
 #5672

Anybody win the lottery in this game? And who can withdraw btc from here?

Yes, on this same thread, some people have said to have won the lottery.

There is a winners thread as well but this only referred to free roll game big prices:

https://bitcointalk.org/index.php?topic=1850855.0

Anyone can withdraw but I think there is a minimum amount, TheQuin can confirm later on.
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April 03, 2018, 02:37:17 AM
 #5673

Anybody win the lottery in this game? And who can withdraw btc from here?

Yes, on this same thread, some people have said to have won the lottery.

There is a winners thread as well but this only referred to free roll game big prices:

https://bitcointalk.org/index.php?topic=1850855.0

Anyone can withdraw but I think there is a minimum amount, TheQuin can confirm later on.

Yes, if I'm not wrong the minimum amount to withdraw currently is 30K sats.

My account was 6 months old, but my minimum free roll only a half as before  Cry

Why site owner decrease my minimum free roll?  Huh

Please give it back to my account. I always follow the rules.  Cry

It is their site so they can't decide how much they want to give people. If you don't like it then don't use the site but you can't ask them to put back into your account because they didn't take from your account.
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April 03, 2018, 07:48:40 AM
 #5674

I won about 12 $  !!!! Cool
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April 03, 2018, 10:25:26 AM
 #5675

For everyone asking about the 30k minimum withdrawal. I've asked wetsuit what he thinks and I'll let you know when he gets back to me.

My personal opinion is that it is not a problem as we also accept deposits. So if you have made 5k from the free rolls you can deposit 25k and withdraw 30k.

As we're adding more coins which are likely to be more suitable than Bitcoin for micropayments, the issue will probably go away then anyway.


Yes, with addition of other coins withdrawals of small amounts will have no issues, but I still suggest you to keep the old name, FreeBitco.in, since it's very well known in the Bitcoin community. For example, The Coca-Cola Company produces not only Coca-Cola, but also Sprite, Fanta, various juices, vitamin waters and ice teas, but after a long history of acquisitions they still keep the famous name. Imo FreeBitco.in stands out among the faucets like Coca-Cola among the beverages.

FWIW I agree about the name but I'm not the boss. He wants to get away from the 'free' bit of the name and make it more of a non-KYC exchange come gambling site.


Creating an exchange which does not require verification is a great idea, especially these days when more and more exchanges make it harder for potential customers to register. But still, although the old name, FreeBitco.in, may appear misleading in this case, I suggest to stick with it nevertheless. To enforce my argument, let me present The Coca-Cola Company as an example again. Coca-Cola once contained nine milligrams of cocaine per glass, hence the “Coca” in the name. There is no cocaine in Coca-Cola since the beginning of the 20th century, yet the name still remains intact.

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MinerHQ
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April 03, 2018, 11:01:12 AM
 #5676

For everyone asking about the 30k minimum withdrawal. I've asked wetsuit what he thinks and I'll let you know when he gets back to me.

My personal opinion is that it is not a problem as we also accept deposits. So if you have made 5k from the free rolls you can deposit 25k and withdraw 30k.

As we're adding more coins which are likely to be more suitable than Bitcoin for micropayments, the issue will probably go away then anyway.


Yes, with addition of other coins withdrawals of small amounts will have no issues, but I still suggest you to keep the old name, FreeBitco.in, since it's very well known in the Bitcoin community. For example, The Coca-Cola Company produces not only Coca-Cola, but also Sprite, Fanta, various juices, vitamin waters and ice teas, but after a long history of acquisitions they still keep the famous name. Imo FreeBitco.in stands out among the faucets like Coca-Cola among the beverages.

FWIW I agree about the name but I'm not the boss. He wants to get away from the 'free' bit of the name and make it more of a non-KYC exchange come gambling site.


Creating an exchange which does not require verification is a great idea, especially these days when more and more exchanges make it harder for potential customers to register. But still, although the old name, FreeBitco.in, may appear misleading in this case, I suggest to stick with it nevertheless. To enforce my argument, let me present The Coca-Cola Company as an example again. Coca-Cola once contained nine milligrams of cocaine per glass, hence the “Coca” in the name. There is no cocaine in Coca-Cola since the beginning of the 20th century, yet the name still remains intact.

We all can only suggest but can't force admin what need to do. So the final call is from Admin and by looking at his past posts he might have decided to change the name already and may be working on that new site full time so we may see the new site design soon.

If I'm not wrong they are not going to down this freebitco URL immediately but they are planning to redirect all the traffic from this URL to new site for some time.
TheQuin
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April 03, 2018, 11:12:46 AM
 #5677

We all can only suggest but can't force admin what need to do. So the final call is from Admin and by looking at his past posts he might have decided to change the name already and may be working on that new site full time so we may see the new site design soon.

He hasn't started on it yet but it is a firm decision.

If I'm not wrong they are not going to down this freebitco URL immediately but they are planning to redirect all the traffic from this URL to new site for some time.

Yes, that is the case.

We have the freebitco.in name registered until 2025 so even after the name change, all freebitco.in links will work as usual (no need to change banner or referral links etc.) and everyone visiting freebitco.in will be seamlessly directed to the new website with a message informing them of the re-brand.

~

The re-brand is part of a process to make freebitco.in more than just a faucet. My plan is to implement a no-KYC shapeshift.io style exchange after the rebrand to enable users to exchange between coins instantly. I feel like we have outgrown the freebitco.in name and the rebrand will allow us to do a lot more stuff without people associating the website with being just a faucet which somewhat restricts our growth now.

freebitcoin.TO WIN A  LAMBORGHINI!..

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BTCevo
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April 03, 2018, 01:27:27 PM
 #5678

Anybody win the lottery in this game? And who can withdraw btc from here?

Yes, on this same thread, some people have said to have won the lottery.

There is a winners thread as well but this only referred to free roll game big prices:

https://bitcointalk.org/index.php?topic=1850855.0

Anyone can withdraw but I think there is a minimum amount, TheQuin can confirm later on.

Of course there are many winners here, people do not want to brag about what they got on free faucet. Many of them now is aiming for the lottery tickets, there is already some winners that hit 1st prize on it but yet they are spending from their own money like buying many tickets to hit that big. Never sae people claiming from faucet and get that 1st yet, need to see some of them claiming it from faucet

And about the minimum amount to withdraw, I do think 30k is not that big, but why people still complain about it?
Kprawn
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April 03, 2018, 04:47:42 PM
 #5679

I think it is not a secret anymore....

No, I mean we've got something else for you before all that  Wink

PS. The own coin thing I just added to my list of suggestions to pass on to wetsuit.


One thing that are guaranteed with this site, is the fact that they are constantly adding new features and services and this is

why they are the oldest faucet in the Crypto currency community. I hope you will "Pay it forward" when you get credited for

my idea.  Grin Grin ... I also gave them the idea to add a "donation to charity" a few years ago and they implemented that, so

they are listening to the "customers". It has been removed, but a lot of money was donated to charity.  Wink

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chris200x9
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April 04, 2018, 06:48:15 AM
 #5680


And about the minimum amount to withdraw, I do think 30k is not that big, but why people still complain about it?

30K sats are not so big amount but if you plan to earn that money from the site then it takes almost a year. The people who are claiming money to withdraw are complaining.

TheQuin already mentioned that you can deposit balance money to meet minimum withdrawal limit to withdraw your faucet earnings. But to withdraw that small amount one has to pay transaction fee two times. Now it is less okay but if transaction fee goes up then it will be an issue for these guys.
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