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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 368021 times)
Theb
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April 04, 2018, 07:03:21 AM
 #5681


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.
Yeah that is another way around on claiming the minimum faucet claim, and I agree that 30,000 satoshis is not that big of amount. Also the faucet in FreeBitcoin is built not for your to earn money but to have free tickets as well as have enough satoshis to buy in some more lottery tickets. You can see that with the price of BTC is this high now the faucet claims got lowered. For people who are complaining I don't think that you should be in the first place as they really created that limit to avoid abusers earning some free money from them.

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April 04, 2018, 07:30:14 AM
 #5682

Hello guys! Anybody here who uses btc deposit at this site?

You mean to say that anyone using this site to get 4% interest on their deposits on this site?

If yes then many people are using it but I didn't use it because I don't keep my coins in online wallets for safety reason. This site is paying for a long time so you can decide whether you want to risk your coins to earn some profit or not.

Remember one thing that if you face any kind of issues with your account don't expect an immediate response from the site because they are very slow but they have new forum support member he is very active but for some account related issues he also may need to wait for the admin response.

Thank you for ur response Chris, do you know any more deposoting services with interest about 4%?
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April 04, 2018, 09:54:37 AM
 #5683


do you know any more deposoting services with interest about 4%?

I don't know any such services who can provide a fixed interest for your bitcoins.

That's why what I do is I take some extra risks and invest some of my bitcoins and other coins in casino bankrolls. One of my best casino bankroll investment is crypto-games. In a year you can earn easily more than 4% profit. But you need to be careful because this is not a guaranteed return and sometimes you may lose if someone wins a big amount. If your not a risk taker then better don't invest in casino bankroll investments.
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April 04, 2018, 10:00:05 AM
 #5684


do you know any more deposoting services with interest about 4%?

I don't know any such services who can provide a fixed interest for your bitcoins.

That's why what I do is I take some extra risks and invest some of my bitcoins and other coins in casino bankrolls. One of my best casino bankroll investment is crypto-games. In a year you can earn easily more than 4% profit. But you need to be careful because this is not a guaranteed return and sometimes you may lose if someone wins a big amount. If your not a risk taker then better don't invest in casino bankroll investments.

If you're prepared to take on higher risk then you can hope for a higher reward. There's also margin lending on exchanges but the rates vary depending on the market. I don't know of anything else offering fixed interest.

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April 04, 2018, 11:25:12 AM
 #5685

do you know any more deposoting services with interest about 4%?
I think freebitco.in is also providing this 4% from their casino profit (multiplier game) because they have very high house edge so their dice might be making more than 4% annual return.

But as they are providing fix interest on your investment which is quite risk free in terms of return but its not totally riskless because you don't have any control over your invested amount.

Yolodice is another site that allows you to take leverage on your investment which will multiply your actual investment by 10 folds so both return and risk of loss will multiply by 10x.

Good luck, all types of investment is subject to market risk.
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April 04, 2018, 11:44:35 AM
 #5686


do you know any more deposoting services with interest about 4%?

I don't know any such services who can provide a fixed interest for your bitcoins.

That's why what I do is I take some extra risks and invest some of my bitcoins and other coins in casino bankrolls. One of my best casino bankroll investment is crypto-games. In a year you can earn easily more than 4% profit. But you need to be careful because this is not a guaranteed return and sometimes you may lose if someone wins a big amount. If your not a risk taker then better don't invest in casino bankroll investments.

how can someone be careful about something that is out of his hands? I mean when you invest in a casino bankroll, it is not up to you to change what happens. you invest what you can afford to lose (like any investment) and then it is pure luck and also honesty of the casino to whether scam you or not because there is no way of proving the fairness of the investment part of the casinos! for example a whale winning big time may not even be a real person!

as for investment the only other sure thing I know of was investing a large amount of bitcoin (I think 100BTC was min) in a mixer (bitmixer.io to be exact, which closed down a while back). but generally if you invest in a real business you should be able to get a good profit and with low risks and higher rewards. the problem is finding that business and also having a larger amount of bitcoin than 1-2BTC for instance.

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SyGambler
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April 04, 2018, 02:11:40 PM
 #5687


do you know any more deposoting services with interest about 4%?

I don't know any such services who can provide a fixed interest for your bitcoins.

That's why what I do is I take some extra risks and invest some of my bitcoins and other coins in casino bankrolls. One of my best casino bankroll investment is crypto-games. In a year you can earn easily more than 4% profit. But you need to be careful because this is not a guaranteed return and sometimes you may lose if someone wins a big amount. If your not a risk taker then better don't invest in casino bankroll investments.

how can someone be careful about something that is out of his hands? I mean when you invest in a casino bankroll, it is not up to you to change what happens. you invest what you can afford to lose (like any investment) and then it is pure luck and also honesty of the casino to whether scam you or not because there is no way of proving the fairness of the investment part of the casinos! for example a whale winning big time may not even be a real person!

as for investment the only other sure thing I know of was investing a large amount of bitcoin (I think 100BTC was min) in a mixer (bitmixer.io to be exact, which closed down a while back). but generally if you invest in a real business you should be able to get a good profit and with low risks and higher rewards. the problem is finding that business and also having a larger amount of bitcoin than 1-2BTC for instance.

any investment has its own risks and you can decide if you should go for it or not , whether it's freebitcoin or other gambling site there is always a good reward to consider
the 4% a year is kinda good , the only thing you may worry about is freebitcoin running with the money but I doubt this will even happen

investing in casinos should bring stable income too , it's not about wether you can control the outcomes or not , it's about the EV
so anytime you decide to use your money in order to make more money there is a risk , but when you are doing it correct and investing in a good EV you should be fine

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April 04, 2018, 02:35:13 PM
 #5688

investing in casinos should bring stable income too , it's not about wether you can control the outcomes or not , it's about the EV
so anytime you decide to use your money in order to make more money there is a risk , but when you are doing it correct and investing in a good EV you should be fine

I wouldn't be so sure on that. High rollers can and do hit bankrolls hard from time to time. Particularly if the site is offering leverage, I have been on the wrong end of that before, losing ~30% to one gambler. This is a much lower level of risk than investing in a bankroll but is balanced by the reward being limited to a fixed rate.


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April 04, 2018, 03:30:50 PM
 #5689

think it was 30k before,not 3k
but reducing the fee is a good thing whichever way you look at it
sadly,I got suckered in playing Hi-lo and postponed my possible withdrawal to some very distant future Smiley
but will keep claiming it ,lazily,just to have chances to win the lottery

The weekly withdrawal fee was and still is 3k, you can check it now. We're not making the change until next week. It's the minimum withdrawal amount that is 30k.

I see,my bad thought 30k was the fee as well as the minimum withdrawal amount
any plans to lower the withdrawal amount? since 14 satoshi claims will take around a year to get to a minimum Smiley


To reach minimum withdrawal amount one needs to claim 2143 times with the current 14 santoshi per claim. If one claim around 10 times a day also they need around 214 days ( around 10 to 11 months) to reach that minimum withdrawal amount (around $2 to earn as per current BTC price). If one does this calculation I don't think they will waste their time to claim money to withdraw instead they may claim either to buy lottery or spend on a hi-low game.
So it's not only me who just receive 14 satoshi for each freeroll, thought at first that mine account was blacklisted when they lowered the reward again. Didn't use this website for a few months and at that time it was one of the faucets with the highest rewards. Sad story that everything with a good reward gets massively abused by a group of people.
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April 04, 2018, 09:12:59 PM
 #5690

@myfe, wetsuit, anybody Smiley
I just scrolled back few pages but have found nothing about upcoming updates.
Are there any news regarding new features and changes, we should be aware of?
Wasn't tracking the thread for quite some time now, so mind my lack of knowledge.
Cheers to anyone that can answer my Q. (actually cheers 4 all - 1merit for the informer)

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April 04, 2018, 09:39:54 PM
 #5691

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
This would mainly affect the traffic of this site and will see whose loyal or true players on such site without relying into its previous generous faucet amount claims.It wont really be abused anymore.

think it was 30k before,not 3k
but reducing the fee is a good thing whichever way you look at it
sadly,I got suckered in playing Hi-lo and postponed my possible withdrawal to some very distant future Smiley
but will keep claiming it ,lazily,just to have chances to win the lottery

The weekly withdrawal fee was and still is 3k, you can check it now. We're not making the change until next week. It's the minimum withdrawal amount that is 30k.

I see,my bad thought 30k was the fee as well as the minimum withdrawal amount
any plans to lower the withdrawal amount? since 14 satoshi claims will take around a year to get to a minimum Smiley


To reach minimum withdrawal amount one needs to claim 2143 times with the current 14 santoshi per claim. If one claim around 10 times a day also they need around 214 days ( around 10 to 11 months) to reach that minimum withdrawal amount (around $2 to earn as per current BTC price). If one does this calculation I don't think they will waste their time to claim money to withdraw instead they may claim either to buy lottery or spend on a hi-low game.
So it's not only me who just receive 14 satoshi for each freeroll, thought at first that mine account was blacklisted when they lowered the reward again. Didn't use this website for a few months and at that time it was one of the faucets with the highest rewards. Sad story that everything with a good reward gets massively abused by a group of people.
At first i was quiet confused why the claim amount did decrease compared in the past until i do read up such update from them. Based on those calculation by MinerHQ it would be just a totally waste of time to stick out yourself on having a target to cashout with just focusing on faucet claims it would be more worthy if it would be used on buying lottery tickets. All we do know that nothing last forever and the good days is already over.

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April 05, 2018, 01:51:16 AM
 #5692


do you know any more deposoting services with interest about 4%?

I don't know any such services who can provide a fixed interest for your bitcoins.

That's why what I do is I take some extra risks and invest some of my bitcoins and other coins in casino bankrolls. One of my best casino bankroll investment is crypto-games. In a year you can earn easily more than 4% profit. But you need to be careful because this is not a guaranteed return and sometimes you may lose if someone wins a big amount. If your not a risk taker then better don't invest in casino bankroll investments.

how can someone be careful about something that is out of his hands? I mean when you invest in a casino bankroll, it is not up to you to change what happens. you invest what you can afford to lose (like any investment) and then it is pure luck and also honesty of the casino to whether scam you or not because there is no way of proving the fairness of the investment part of the casinos! for example a whale winning big time may not even be a real person!

as for investment the only other sure thing I know of was investing a large amount of bitcoin (I think 100BTC was min) in a mixer (bitmixer.io to be exact, which closed down a while back). but generally if you invest in a real business you should be able to get a good profit and with low risks and higher rewards. the problem is finding that business and also having a larger amount of bitcoin than 1-2BTC for instance.

My meaning for careful is nothing but if your not a risk taker then stay away from such investments.

Even if you invest in a real business your still taking a risk unless your managing that business. Because once you invest in other people businesses then you lose control of your funds unless your a part of decision taking a team in that business.

If one wants to grow their money over the time then they have to take some extent of risks otherwise they may need to fix with bank fixed deposits.
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April 05, 2018, 05:36:09 AM
 #5693

This all sounds so familiar: increase in withdraw requirements, decrease in minimum roll rewards, issues with inaccurate commission payouts that "shouldn't happen". I believe it was late August 2016 when I was asking about these same issues. I was never quite satisfied with the answers.


Freebitco.in is successful because it offers that chance to get lucky for free.


I would contend that FBC is successful for the same reasons all casinos and gambling sites are successful, because they pull in money and pay out very little in comparison.

And time is not free. In fact, some would even say that time is money. Wink For example, if I login every day and roll 6 times and repeat this every day for about a year then I can finally withdraw a whopping 30,000 satoshi ($2). I find more money than that every week just walking to and from the store picking up change that is dropped on the ground.


So if you have made 5k from the free rolls you can deposit 25k and withdraw 30k.


True, and pay fees both times. I disagree that this is a good solution.

Send: 0.00025000 (fee: 0.0000113)
Withdraw: 0.00030000 (fee: 0.00003000)
-----
Total costs:  0.0000413.
Total gain: 0.00005000
Translation in current USD value. It costs 28 cents to withdraw 43 cents. My net gain would be 15 cents. No thanks.


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


$50 is a heavy premium for the privilege of earning $2 every 6 months.


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


So for $100 you allow the use of a macro?
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April 05, 2018, 05:43:25 AM
 #5694

Time is not free. In fact, some would even say that time is money. Wink

Gambling is entertainment, not a job.


True, and pay fees both times. I disagree that this is a good solution.

Send: 0.00025000 (fee: 0.0000113)
Withdraw: 0.00030000 (fee: 0.00003000)
-----
Total costs:  0.0000413.
Total gain: 0.00005000
Translation in current USD value. It costs 28 cents to withdraw 43 cents. My net gain would be 15 cents. No thanks.


Why would you use the weekly withdrawal while we currently offer a slow withdrawal at 0.00000040 BTC?

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April 05, 2018, 05:54:45 AM
 #5695

Sorry, you missed a couple of questions. I didn't realize you would be so fast to reply while I was adding to my previous post.

Gambling is entertainment, not a job.

Why are you arguing points that I did not breach while ignoring the point that I did? Both require time and therefore both have a time-value.

Why would you use the weekly withdrawal while we currently offer a slow withdrawal at 0.00000040 BTC?

If you think that some of the choices you offer are bad, then why do you offer them?
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April 05, 2018, 06:03:16 AM
 #5696

Sorry, you missed a couple of questions. I didn't realize you would be so fast to reply while I was adding to my previous post.

Gambling is entertainment, not a job.

Why are you arguing points that I did not breach while ignoring the point that I did? Both require time and therefore both have a time-value.

I think you are looking at it the wrong way and my point that gambling is entertainment counters your other points. If you think of it as investing your time to claim from a faucet then you should probably stick to sites that reward you for clicking through adverts. We are a gambling site with a generous faucet. You may remember that we started out with adverts but the site has evolved into something different.

Why would you use the weekly withdrawal while we currently offer a slow withdrawal at 0.00000040 BTC?

If you think that some of the choices you offer are bad, then why do you offer them?

We are changing the weekly withdrawal to be at the slow withdrawal fee capped at a max 3000 sat. The change should be in place before this weekends payout.

Edit.
The $50 and $100 limits help stop abuse by botnets. We've been hit previously with networks of over 50,000 bots. They are not going to fund that with $2.5 mil to $5 Mil.


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April 05, 2018, 06:10:17 AM
 #5697

I think you are looking at it the wrong way and my point that gambling is entertainment counters your other points.

Gambling is entertainment for most people but for some people gambling is a job. Poker players mostly but also some sports bettors or horse races bettors.

For example, if I login every day and roll 6 times and repeat this every day for about a year then I can finally withdraw a whopping 30,000 satoshi ($2). I find more money than that every week just walking to and from the store picking up change that is dropped on the ground.

If you play the free roll on your mobile you don’t need to log in and takes seconds to play, so the relation between effort and reward is superior than walking to the store and picking up change.

Also, you can get some big prices, not only the minimum, so on average it is going to be more than $2, and if you are lucky much more than that.
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April 05, 2018, 07:11:49 AM
 #5698


I think you are looking at it the wrong way and my point that gambling is entertainment counters your other points.


It's not a counter to any of my points, or even on-topic to my claim that time has value. It's a red herring. I'm saying that "time has value", you are saying that "gambling is fun", that is not a topical reply to my claim.


We are a gambling site with a generous faucet.
 

I agree that you are a gambling site and I most certainly disagree that $2 per year is generous. As for the changes coming. It will be interesting to see how all of the changes (whatever they might be) scale and effect each other and whether or not the combination will be an improvement for the user base, both the users and you, or mainly just for you. We shall see.


If you play the free roll on your mobile you don’t need to log in and takes seconds to play, so the relation between effort and reward is superior than walking to the store and picking up change.


Superior? We are talking the equivalent of maybe 1 and half cents per day if you are aggressive with the rolls and you stay away from gambling in which case you will likely have nothing. One quarter on the ground is better than rolling 6 times per day on this site for a month. You have every right to determine for yourself what is superior, but I don't see it.


Also, you can get some big prices, not only the minimum, so on average it is going to be more than $2, and if you are lucky much more than that.


What you will *likely* get.
What you "can" get has very little basis in terms of what you will likely get. You will likely get nothing because you will likely use all of the free satoshi to gamble with and then when that isn't enough you will likely gamble with your own BTC and then lose it too. That is why this site still exists, because it still earns. If it did not, then the site would no longer be here and the only way it can earn is when it takes BTC from players that keep losing at gambling.

What you are unlikely to win
The opposite of what is likely, is that you will win. But it's very easy to see that the odds are stacked against everyone, and that is how gambling works. That's nothing alarming. Then there is the point of whether or not those claiming to have won really won or not. If I accept it at face value and believe everyone that claims to have won $200 or more, then it's still a small enough number to count on two hands because very few people have made the claim (last I checked, it's been a while). I certainly have my own experience to go by and in that case I have never rolled anything that pays above the minimum and I have never won the lottery and I have never won the hi/lo in a way that kept me ahead unless I just rolled a few times and am willing to accept a few more satoshi (which is safe way to double the minimum for each roll btw.. but you have to stop when ahead and have to be content with a super tiny win) and I have never rolled 8888. Biased? Sure.

What you can be assured to win, conditionally
So what's left? The middle road... the only road that is guaranteed, assuming the site stays up, then that guarantee is the faucet. What can you expect with that... well, with 6 rolls per day over the course of a year, about enough to withdraw 30,000 satoshi (presently), or $2/yr. That's 4380 clicks with one click captcha and 1 click roll. But this isn't how the site was intended to be used, it wasn't intended for everyone to go there and get $2 every year and do nothing else, it is intended to lure gamblers and part them with their money, and in the absence of gamblers it is intended to teach people to be gamblers with the faucet money and then part them with their money.

Don't misunderstand me, I'm not telling anyone what to do, when to gamble, when not to gamble, what's fun or not. It's up to each individual to decide whether or not they are entertained and for what reasons. I'm entertained by the perceptions held about this site and pointing out that this site benefits the site owners at a ratio that would probably make any Casino operator in Vegas jealous. If someone can get lucky and win $200 or more, cool, I'm happy for them. But I've never seen proof of a payout of $200 or better. And most people lose money here.
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April 05, 2018, 07:19:58 AM
 #5699


I think you are looking at it the wrong way and my point that gambling is entertainment counters your other points.


It's not a counter to any of my points, or even on-topic to my claim that time has value. It's a red herring. I'm saying that "time has value", you are saying that "gambling is fun", that is not a topical reply to my claim.

It's no red herring, it's the point. Of course time has value but value is not just monetary. If I spend my time playing an amateur sport I do it because I enjoy it and that is the reward in itself. That is also how I feel about gambling. If I win then there is a monetary reward that I can use to celebrate with.

If you spend your time playing free rolls you get a chance to win bigger prizes than the base reward. Plus all the other rewards and lottery tickets. I'm sorry that you still think of it in terms of earning $2 a year from a faucet but that's not what our site is about.

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April 05, 2018, 07:20:56 AM
 #5700

If someone can get lucky and win $200 or more, cool, I'm happy for them. But I've never seen proof of a payout of $200 or better. And most people lose money here.

The fact that you are blind to see any proof doesn’t mean the proof doesn’t exist. On this same thread people posted such a proof and on this one as well:

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

Freebitco.in is a great site, number one faucet, gives you pennies for free and the opportunity to win big prices for free, it is totally EV+. I don’t understand such an anger, unless you gambled and lost your money there.
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