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Author Topic: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!!  (Read 321434 times)
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September 15, 2019, 03:47:29 AM
 #9821

Right now they are doing the deposit bonus again, wish I was a bit richer to make another deposit because that seems a nice bonus and the % interest is ok by me because I live in one of the silly countries with nearly zero returns on cash.
Do you now that you need to wager 25 times the amount you claim for bonus before you become able to withdraw that?
I guess you live in a country with a very low inflation rate and good economic condition. Never be sad for low interest rates. Do you prefer to get 30% interest rate but have 50% inflation rate?
Any way, I agree that the interest rate on freebitco is really fair and fine. Freebitco has many other good options such as easy sending and receiving bitcoin, the weekly lottery and now its Lambo lottery. You can also bet on different events and enjoy it.

I do not think that you are understand on what he meant. I believe for the bonus that he mentioned about is the lambo tickets in which if you deposit minimuk amount that they mentioned about without doing the wagering, you will directly get the tickets so just by depositing the exact amount you will be able to get it. This is very generous for them to give away this tickets which let us participate on the biggest event ever right now

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September 15, 2019, 10:37:53 AM
 #9822

The strategy to get money from faucets is not really a big strategy, you can't really make that much money from faucets, even if you go around and get paid from 100 faucets (don't know if there are 100 faucets that works) at most they give you is 2-3 satoshi at this point per try and if you do it hourly that is around 200 satoshi which means 2k daily if you do 10 hours.

Is it doable? Sure, you can at least get your first start in bitcoin world like that and if you work for a whole month like that then you would be able to make some starting money for some trades and all that. However is it profitable? Not really, you are better using that time to do some other work and get paid, there are airdrops and bounties and all that which rewards for actual work you put in.


Although it seems a worthless effort and a waste of time but think of it if a person has no skills and is new in the bitcoin world. Such a person can still work on faucets before he get any decent work. It is better to work and earn something than to remain idle and jobless.
But faucets should not be abused by making multiple accounts. You should work on different faucets on different sites.



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September 15, 2019, 04:53:39 PM
 #9823

Although it seems a worthless effort and a waste of time but think of it if a person has no skills and is new in the bitcoin world. Such a person can still work on faucets before he get any decent work. It is better to work and earn something than to remain idle and jobless.
But faucets should not be abused by making multiple accounts. You should work on different faucets on different sites.
Plus for people like me who live in third world countries (and the person who said they wish they could as well) it is really a lot of money.

If you have like lets say 10 bitcoins, you literally never have to work again in your entire life but just living under the 4% interest rate of it. 4% of 10 bitcoins is 0.4 bitcoins, so you would make yearly 0.4 bitcoins and that is sort of enough to live a year, maybe not easily, could be a bit difficult but its really possible to just "survive", you won't be living a good life but you also would not starve, so just get 10 bitcoins and put it on freebitcoin and you are set for life. If you increase that to 20 or 30, it becomes literally a good life all of a sudden as well. If the price goes up then it is even better!

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September 15, 2019, 09:10:59 PM
 #9824

The tricky part is how is freebitco.in going to avoid the power which forced shapeshift to implement KYC. If that power (FEDs, police, CIA, NSA whatever your call them) wants to find out who the owner of freebitco.in, they'll find him and those guys are pretty good at intimidating people. They gave Voorhees 2 choices:
Shouldn't compare freebitco with shapeshift. Freebitco is not an exchange.

you will directly get the tickets so just by depositing the exact amount you will be able to get it. This is very generous for them to give away this tickets which let us participate on the biggest event ever right now
It's true that they give users Free Lambo tickets only for depositing. But these tickets do not increase the value of prize. The prize is a Lambo or 200,000 dollar if the winner want to be paid in bitcoins. Actually, they don't spend money when they give users these tickets.

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September 15, 2019, 10:15:19 PM
 #9825

Hey. Admin. Please add UEFA Champions League. Group stage matches for betting. It's such a popular event and no options yet  Huh
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September 15, 2019, 10:23:47 PM
 #9826

I think some people on here misunderstood my post about earning from faucets and then leaving it on FreeBitcoin to earn from the 4% interest. Yes I have earned 0.005 from faucets over the past few weeks however it wasn't just from FreeBitcoin but from many different faucets including Altcoin faucets which can pay off if that coin happens to go up like they sometimes do. I then sell them for BTC and deposit that into FreeBitcoin for the 4% interest so it can be done, it just takes time.



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September 16, 2019, 06:01:45 AM
 #9827

I think some people on here misunderstood my post about earning from faucets and then leaving it on FreeBitcoin to earn from the 4% interest. Yes I have earned 0.005 from faucets over the past few weeks however it wasn't just from FreeBitcoin but from many different faucets including Altcoin faucets which can pay off if that coin happens to go up like they sometimes do. I then sell them for BTC and deposit that into FreeBitcoin for the 4% interest so it can be done, it just takes time.
What people were trying to tell you is that this is far from being profitable, even if you live in a country where ~50$ for "a few weeks" may be a good income. To calculate your profit you would have to substract costs for electricity and of course your time if you would have a done regular work or eg. extra hours at work instead of collecting those faucets. Those 50$ would shrink rapidly.
Times are definitly over when collecting faucets was profitable, nowadays its just for fun in my opinion Smiley

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September 16, 2019, 06:47:00 AM
 #9828

It is profitable. It better than doing nothing. Getting 30k sats and %4 interest is apparently bigger than zero. It is like chasing those P2Click sites. The difference is of course, BTC will probably gain value unlike USD.

What they trying you tell is, you should find a more profitable way to generate BTC. Even a shitty blog can bring you $100 monthly if you do it right. (and it will have the potential to get even bigger later)





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September 16, 2019, 07:11:53 AM
 #9829

I think some people on here misunderstood my post about earning from faucets and then leaving it on FreeBitcoin to earn from the 4% interest. Yes I have earned 0.005 from faucets over the past few weeks however it wasn't just from FreeBitcoin but from many different faucets including Altcoin faucets which can pay off if that coin happens to go up like they sometimes do. I then sell them for BTC and deposit that into FreeBitcoin for the 4% interest so it can be done, it just takes time.
What people were trying to tell you is that this is far from being profitable, even if you live in a country where ~50$ for "a few weeks" may be a good income. To calculate your profit you would have to substract costs for electricity and of course your time if you would have a done regular work or eg. extra hours at work instead of collecting those faucets. Those 50$ would shrink rapidly.
Times are definitly over when collecting faucets was profitable, nowadays its just for fun in my opinion Smiley

Those "fun" Satoshi might end up being worth a lot in the future. I can remember when I started with this faucet and when they paid out 1000+ Satoshi/hour back then. People were telling me that it was a waste of time and that I will never collect enough to break even with the electricity cost I had to pay etc.... and I proved them wrong.

My computer runs 16 hours a day for normal internet activity, word processing, gaming and online Banking and none of those activities are paying a cent towards the electricity that I used for those activities, but whilst I am doing that, I quickly flipped a tab to the Freebitco.in faucet <5 seconds> and I claimed from the faucet a couple of times a day. Those Satoshi collected on my account for years and the price increased a lot since then.... I sold some of that a while back and it paid for a lot more than what I spend on electricity to acquire it.  Grin

It's a time game.  Wink

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September 16, 2019, 07:45:05 AM
 #9830

Freebitcoin it been my first and only faucet that i use i registered like after one month of lunching it so i got more than 600 referrals i was making a lot money doing nothing, then day by day the profits was decreasing until you added the gambling dice feature to the site and the betting too that's was cool. But honestly i didn't like the lottery i lost a lot of money in it without getting anything back. That why i never have hope to win.

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September 16, 2019, 08:41:11 AM
 #9831


Those "fun" Satoshi might end up being worth a lot in the future. I can remember when I started with this faucet and when they paid out 1000+ Satoshi/hour back then. People were telling me that it was a waste of time and that I will never collect enough to break even with the electricity cost I had to pay etc.... and I proved them wrong.

My computer runs 16 hours a day for normal internet activity, word processing, gaming and online Banking and none of those activities are paying a cent towards the electricity that I used for those activities, but whilst I am doing that, I quickly flipped a tab to the Freebitco.in faucet <5 seconds> and I claimed from the faucet a couple of times a day. Those Satoshi collected on my account for years and the price increased a lot since then.... I sold some of that a while back and it paid for a lot more than what I spend on electricity to acquire it.  Grin

It's a time game.  Wink

yeah they should worth much more in the future , in my early days I remember that making like 40K sats a day wasn't hard at all in faucets
Ethereum faucets right  after Ethereum launch were paying at least 0.002 ETH per claim as I remember and I was able to collect 0.3 ETH in 2 days

now it worth a lot but at that time it was nothing , I guess this isn't a good argument since if you spend your time doing any other job and convert that money to btc you will make much more
of course I'm not talking about someone who just has freebitcoin tab open and claim it for fun , I'm talking about the people who do a lot of faucets for different coins and even multi account


overall the interest is amazing , I saw some lending sites that offer better percentage but their requirements are a joke where you have to pay fees for deposits and withdrawals
it's much easier using freebitcoin and 4% is much better than making nothing 

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September 16, 2019, 01:46:00 PM
 #9832

Hey. Admin. Please add UEFA Champions League. Group stage matches for betting. It's such a popular event and no options yet  Huh

I would second this motion.

However, it appears they may have removed football from their betting activities altogether as its no longer a category to select and there are no football matches whatsoever to bet on.

Strange, as I thought they would attract much more interest then ODI's between Pakistan and Sri Lanka (which may not even go ahead by the way.)
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September 16, 2019, 04:05:23 PM
 #9833

Hey. Admin. Please add UEFA Champions League. Group stage matches for betting. It's such a popular event and no options yet  Huh

I would second this motion.

However, it appears they may have removed football from their betting activities altogether as its no longer a category to select and there are no football matches whatsoever to bet on.

Strange, as I thought they would attract much more interest then ODI's between Pakistan and Sri Lanka (which may not even go ahead by the way.)

It's sad if true. I don't play any dice games and do betting mostly football (soccer). Hope admin's will add more football matches in the future. Also american football season just started, If they add these matches as well it can attract more new customers.
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September 16, 2019, 05:27:31 PM
 #9834

Freebitco is now more focused on Rugby and Cricket. I don't think these sports are more popular than Football and basketball matches. I don't know why freebitco doesn't add popular tournaments like UEFA champions league. No other website prefer Rugby and Cricket to football.

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September 16, 2019, 06:12:45 PM
 #9835

I think some people on here misunderstood my post about earning from faucets and then leaving it on FreeBitcoin to earn from the 4% interest. Yes I have earned 0.005 from faucets over the past few weeks however it wasn't just from FreeBitcoin but from many different faucets including Altcoin faucets which can pay off if that coin happens to go up like they sometimes do. I then sell them for BTC and deposit that into FreeBitcoin for the 4% interest so it can be done, it just takes time.

WOW 4%?  What site gives that!  Because it sure as shit isnt this one lol.  It's 0.04% NOT 4% hahahaha.  The day this shithole gives 4% is the day I retire and finally achieve my goal of having referral income be enough to reitre on.  All the "extra" crap should be removed and the referral income increased as a result.

Watch me rape Freebitco.in 24x7 with my gambling bot (you can to) here: https://dlive.tv/btctrading I also do some trading there as well.
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September 16, 2019, 07:36:09 PM
 #9836

Free tickets for stuff like this is a bit of a tricky situation. Now we have people who have bought tickets directly and thats great, that money goes directly to the lambo purchasing part (they probably already have that much money anyway) however for people who get deposit bonus tickets, people who earned from affiliates and got it, people who wagered and go it, they are all basically getting a ticket for free without spending their money. This is why casino is actually not profiting as much as people think, just calculating how much tickets where bought times the ticket price doesn't make it justice. Are they making ANY profit?

Well maybe, only wetsuit can answer that (maybe thequin as well) but I doubt the number is that high, I would bet on not making any profit so far.

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September 16, 2019, 07:41:55 PM
 #9837

Freebitco is now more focused on Rugby and Cricket. I don't think these sports are more popular than Football and basketball matches. I don't know why freebitco doesn't add popular tournaments like UEFA champions league. No other website prefer Rugby and Cricket to football.

I agree with you because football is the number one game in the world, although ... for example, cricket is very popular in India...
As a boxing fan, I really miss this cool sport, because almost every week we can see a lot of very interesting fights in different categories.
I think many sports can be added. Probably, this is in the plans of the project representatives, because the greater the diversity, the more people will leave their bets Wink

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September 16, 2019, 10:09:39 PM
 #9838

Free tickets for stuff like this is a bit of a tricky situation. Now we have people who have bought tickets directly and thats great, that money goes directly to the lambo purchasing part (they probably already have that much money anyway) however for people who get deposit bonus tickets, people who earned from affiliates and got it, people who wagered and go it, they are all basically getting a ticket for free without spending their money. This is why casino is actually not profiting as much as people think, just calculating how much tickets where bought times the ticket price doesn't make it justice. Are they making ANY profit?

Well maybe, only wetsuit can answer that (maybe thequin as well) but I doubt the number is that high, I would bet on not making any profit so far.

You might be true, their profit might already drop after 1 or 2 months and the deposit to get free ticket bonus come out right away. They might bet themself on BTC price by 31 Dec 2019 and hope for it new high (to pay less in BTC), just watch in the next 1, 2 months especially in the last month if the BTC price drop near 5000 USD mark you might see bigger promotion. i.e: BTC price at prize payout is 5000, they will need to payout 40 BTC which require their monthly cost of 40/6 = 6.67 BTC.
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September 16, 2019, 11:31:26 PM
 #9839

However, it appears they may have removed football from their betting activities altogether as its no longer a category to select and there are no football matches whatsoever to bet on.

The categories are only listed when there is an active event in them. I was just a bit slow getting next weekends games up. I also missed that the Champions League starts this week but I will get them up starting in the next round of games.



You might be true, their profit might already drop after 1 or 2 months and the deposit to get free ticket bonus come out right away. They might bet themself on BTC price by 31 Dec 2019 and hope for it new high (to pay less in BTC), just watch in the next 1, 2 months especially in the last month if the BTC price drop near 5000 USD mark you might see bigger promotion. i.e: BTC price at prize payout is 5000, they will need to payout 40 BTC which require their monthly cost of 40/6 = 6.67 BTC.

We're not hedging the cost of the Lambo and we're happy that we'll be able to cover it whatever happens to the price of Bitcoin.

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September 17, 2019, 04:15:50 AM
 #9840

I think some people on here misunderstood my post about earning from faucets and then leaving it on FreeBitcoin to earn from the 4% interest. Yes I have earned 0.005 from faucets over the past few weeks however it wasn't just from FreeBitcoin but from many different faucets including Altcoin faucets which can pay off if that coin happens to go up like they sometimes do. I then sell them for BTC and deposit that into FreeBitcoin for the 4% interest so it can be done, it just takes time.

WOW 4%?  What site gives that!  Because it sure as shit isnt this one lol.  It's 0.04% NOT 4% hahahaha.  The day this shithole gives 4% is the day I retire and finally achieve my goal of having referral income be enough to reitre on.  All the "extra" crap should be removed and the referral income increased as a result.

Lending BTC in general never really gave huge returns compared to say lending USD on Bitfinex margin loans. The only time I can remember when lending BTC was profitable was maybe in the short period when alts were rallying and people were selling BTC in exchange for alts. Then people lent out their BTC on interest and those were used to buy an alt ratio.

Most people who frequent a gambling site are not interested in 4% gains, you can get that with a stock or with a savings account. People who go on gambling sites want 100-1000% profits instead and its one of the reason why gambling is considered very high risk and very high reward if done correctly.

However most people get emotional and bet too much and they end up getting cleaned out due to greed and fear.

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