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[BitcoinMarshal]

For auto withdrawal every sunday, they charge 3000 satoshi now

Did the site just implemented this change? I did remembered in the past that freebitco.in will not charge any withdrawal fees as long as the user manage to reach the minimum amount for withdrawal, the site admin will process the withdrawals free of charge.

But after recent high price many sites implementing this because they don't want to do in free as niterogensports also fix very high fees today read here we have to pay 3000 Satoshies for withdrawal of 30000 its going to bring down some traffic because now we are taking only 10 satoshi which is going to take too much time for reaching this amount already

[LTU_btc]

For auto withdrawal every sunday, they charge 3000 satoshi now

By looking at current faucet rewards, fee looks quite big. If you don't have referrals, you have to claim few weeks to reach 3000 Satoshi. But this is reality - Butcoin network fees is very big nowadays and Freebitco.in have to something to cover it.
Now I think I will disable auto withdrawals to not pay 3000 Satoshi fee each week. Better to keep some BTC on Freebitco.in to earn interest .

[Myfe]

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

[adaseb]

~~ ANNOUNCEMENT ~~

Verification of the balance of funds FreeBitco.in holds to back users accounts. Here are links to a signed message from wetsuit, verifying the FreeBitco.in bitcoin address and a link to the balance, via blockchain.info.

1. Signed message verifying address 1Fu3iBR2EMQWeYGi3XvrPmcPUkne8ZWj9h belongs to wetsuit/FreeBitco.in. http://www.coinig.com/?adr=1Fu3iBR2EMQWeYGi3XvrPmcPUkne8ZWj9h&msg=Address+controlled+by+wetsuit%2Ffreebitco.in&sig=HIsNlN9p%2FLBd%2FmU4KaooHzPqrpo000LfXZcj%2BLli%2F1JzTc7j2S7T1Rmone5LDFSLeQLvTU1dkbMulDKW6u6EWic%3D

2. Wallet balance via Blockchain.info: https://blockchain.info/address/1Fu3iBR2EMQWeYGi3XvrPmcPUkne8ZWj9h

Recently, someone raised concern that the previous FreeBitco.in address was empty. Funds were move to a new address and now you all can verify the balance. This wallet should contain 90% of user balances at any give time.

If you have any questions - feel free to list them here or PM me.

Holy smoke the responsibility to keep +/- $13 170 000 USD in safe storage is immense. Why are you storing all these coins

in one address? I would have split the investments into several different addresses to reduce the risk of losing everything in

one go, IF something went wrong. {Not saying it will, but still}

It makes absolutely no difference to store in more than 1 address.

Most wallets are HD wallets and if the public master key with 1 private key is leaked, you can easily get the private keys to the other addresses.

Even Bitfinex themselves keep like a billion dollars in a single address.

As long as its stored in cold storage then its fine. There are no quantum computers out there yet that can break public keys and get the private key.

but for me its more safer if you will store that big amount to segregate or separate in how many wallets instead of putting in cold storage.lots of things happening now here in crypto even thoese most sacred things was being victimized buy those damn shit  scammers and hackers noww

No its not safer because if they split the wallets like that they will most likely forget a password or lose that particular wallet.

Most sites for extra security they use a multi-sig wallet. Bitfinex and Bitmex are one of the few that do that.

They got like 5 people or so that need to manually sign the transaction to get the funds from the cold storage moved. In that case if someone tries to rob them, and 1 employee is not at the office, the funds will be safe.

[BTCevo]

For auto withdrawal every sunday, they charge 3000 satoshi now

Saw it but personally even I don't use this faucet site often, I think this is kinda too much specially when most claims are only around 11satoshi, it will take additional 300 claims before reaching just the withdrawal fee. This change might result to some users leaving the site

Why only 11? I got more than that like I used to say before but I do not really collect it, that low amount can't do much for us. Better gambling it and try to see our luck, if you are lucky may be you will get more tickets for their lottery system, just as simple as that so you wont wasting your time keep on claiming their faucet around

[Nerman]

For auto withdrawal every sunday, they charge 3000 satoshi now

Saw it but personally even I don't use this faucet site often, I think this is kinda too much specially when most claims are only around 11satoshi, it will take additional 300 claims before reaching just the withdrawal fee. This change might result to some users leaving the site

Why only 11? I got more than that like I used to say before but I do not really collect it, that low amount can't do much for us. Better gambling it and try to see our luck, if you are lucky may be you will get more tickets for their lottery system, just as simple as that so you wont wasting your time keep on claiming their faucet around

They depend on the bitcoin price and the higher the price the lower visitor can claim. Well to be honest i really do not care about the give away because it is very little but this is the only faucet site that i visit because of the lottery. They are still giving more than one bitcoin a week.

[masik215]

I really like the site. The dice thing is a lot more fun than normal faucets.

[babygun]

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

It is a pity that there will be a fee for the auto-withdrawal, but it is understandable. Bitcoin network activity has risen a lot lately and fees are going through the roof. Thanks for the notification Myfe!

[chris200x9]

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

My alternative suggestion for this withdrawal fee.

Anyway, I never withdraw any money from this site because I claim few times to get few lottery tickets. For those people who really trying to withdraw coins from this site even though your charging very small fee amount but for those guys takes a lot of time to earn that fee amount. So you can consider allowing them to withdraw the amount in some other altcoins so that those guys can save some transaction fee amount.

[Snatdard usre]

My alternative suggestion for this withdrawal fee.

Anyway, I never withdraw any money from this site because I claim few times to get few lottery tickets. For those people who really trying to withdraw coins from this site even though your charging very small fee amount but for those guys takes a lot of time to earn that fee amount. So you can consider allowing them to withdraw the amount in some other altcoins so that those guys can save some transaction fee amount.

+1 for altcoin withdrawals.

[quality.crypto]

I really like the site. The dice thing is a lot more fun than normal faucets.

Yes, but most of the time I am loosing in the dice game. I never make any profit with the gaming but through faucets we are making amount because other website went into scam without paying.

[setifien19]

Hi , freebitcoin fans , I'd like to know wether we can send bitcoin from one acc to another ( withdraw from an acc to deposit it into another acc of a friend / family members ?

[Chris314]

Hi , freebitcoin fans , I'd like to know wether we can send bitcoin from one acc to another ( withdraw from an acc to deposit it into another acc of a friend / family members ?

You can, just by using the deposit address of the freebitco.in account you want to send btc to. Fees are applying, of course, like any transfer from your account to a wallet.

[setifien19]

Hi , freebitcoin fans , I'd like to know wether we can send bitcoin from one acc to another ( withdraw from an acc to deposit it into another acc of a friend / family members ?

You can, just by using the deposit address of the freebitco.in account you want to send btc to. Fees are applying, of course, like any transfer from your account to a wallet.

Thanks a lot for your answer

[adaseb]

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

Will the 3000 Satoshi fee be enough for each withdraw? Because looking right now you need to pay at least 500 Sats per byte just to get it confirmed in a few hours. With a min 1 input and 1 output transaction that is around 0.00100000 BTC, so the 3000 Sat fee you are charging will end up losing you money.

I hate to say it but until Lightning network or Segwit gets majority usage, it would be best to use ETH or BCH temporarily because paying these high fees for small withdraws is just crazy.

Like everybody said before. Bitcoin is more of a store of value rather than a daily currency you can use.

[Chris314]

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

Will the 3000 Satoshi fee be enough for each withdraw? Because looking right now you need to pay at least 500 Sats per byte just to get it confirmed in a few hours. With a min 1 input and 1 output transaction that is around 0.00100000 BTC, so the 3000 Sat fee you are charging will end up losing you money.

I hate to say it but until Lightning network or Segwit gets majority usage, it would be best to use ETH or BCH temporarily because paying these high fees for small withdraws is just crazy.

Like everybody said before. Bitcoin is more of a store of value rather than a daily currency you can use.

They were already losing money with free Sunday withdrawals. 3000 sat fee is here to reduce the loss, I think, not to earn money from users' withdrawals.

[xYakult]

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

Will the 3000 Satoshi fee be enough for each withdraw? Because looking right now you need to pay at least 500 Sats per byte just to get it confirmed in a few hours. With a min 1 input and 1 output transaction that is around 0.00100000 BTC, so the 3000 Sat fee you are charging will end up losing you money.

I hate to say it but until Lightning network or Segwit gets majority usage, it would be best to use ETH or BCH temporarily because paying these high fees for small withdraws is just crazy.

Like everybody said before. Bitcoin is more of a store of value rather than a daily currency you can use.

They were already losing money with free Sunday withdrawals. 3000 sat fee is here to reduce the loss, I think, not to earn money from users' withdrawals.

I dont think so, they are still running so obviously they are getting good amount of money from ads and with only 12sats on most claims, very few users will reach the minimum withdraw amount, only few users are eligible for automated payout every sunday, this will not cost them too much, it will affect their users very much

[chris200x9]

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

Will the 3000 Satoshi fee be enough for each withdraw? Because looking right now you need to pay at least 500 Sats per byte just to get it confirmed in a few hours. With a min 1 input and 1 output transaction that is around 0.00100000 BTC, so the 3000 Sat fee you are charging will end up losing you money.

I hate to say it but until Lightning network or Segwit gets majority usage, it would be best to use ETH or BCH temporarily because paying these high fees for small withdraws is just crazy.

Like everybody said before. Bitcoin is more of a store of value rather than a daily currency you can use.

They were already losing money with free Sunday withdrawals. 3000 sat fee is here to reduce the loss, I think, not to earn money from users' withdrawals.

I dont think so, they are still running so obviously they are getting good amount of money from ads and with only 12sats on most claims, very few users will reach the minimum withdraw amount, only few users are eligible for automated payout every sunday, this will not cost them too much, it will affect their users very much

On which page you saw the advertisements on their site recently? Yes, earlier they were running advertisements but for some time no advertisements now it looks their main profit is a hi-low game.

If you're getting 12 sats for each claim then you need to claim around 250 times just to earn a fee. That's why I proposed to allow users to withdraw from some altcoins until these fees come down.

[Pursuer]

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

My alternative suggestion for this withdrawal fee.

Anyway, I never withdraw any money from this site because I claim few times to get few lottery tickets. For those people who really trying to withdraw coins from this site even though your charging very small fee amount but for those guys takes a lot of time to earn that fee amount. So you can consider allowing them to withdraw the amount in some other altcoins so that those guys can save some transaction fee amount.

this will introduce a lot of issues.
altcoins prices are pretty volatile so they either have to have that altcoin already which means they have to invest their money in that altcoin and lose money if it goes down. and pay people based on the current market rate. which means implementing a new system for withdrawals and lots of security audits.

or they have to  do the exchange on the fly as people make withdrawal claims. for example using something like ShapeShift. but that will require additional fees for  exchanging bitcoin to those altcoins and for those who want to withdraw a small amount and are worried about 3000 satoshi, that fee will also not be acceptable.

[adaseb]

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

My alternative suggestion for this withdrawal fee.

Anyway, I never withdraw any money from this site because I claim few times to get few lottery tickets. For those people who really trying to withdraw coins from this site even though your charging very small fee amount but for those guys takes a lot of time to earn that fee amount. So you can consider allowing them to withdraw the amount in some other altcoins so that those guys can save some transaction fee amount.

this will introduce a lot of issues.
altcoins prices are pretty volatile so they either have to have that altcoin already which means they have to invest their money in that altcoin and lose money if it goes down. and pay people based on the current market rate. which means implementing a new system for withdrawals and lots of security audits.

or they have to  do the exchange on the fly as people make withdrawal claims. for example using something like ShapeShift. but that will require additional fees for  exchanging bitcoin to those altcoins and for those who want to withdraw a small amount and are worried about 3000 satoshi, that fee will also not be acceptable.

Most people here already have a few accounts with a few exchanges like Poloniex, Bittrex, Bitfinex, etc. Hell even Coinbase just listed BCH.

So for most people its no big deal getting paid in an alt, selling that alt for Bitcoin on their exchange.

Look at the fees right now. You would need to pay at least 600 Sats/byte to get it confirmed sometime in the next few hours. Thats at least $20, maybe a little lower if its from Segwit to Segwit.

So with an alt, the fee would be almost free and the exchange charges a small trading fee usually 0.15% which is nothing for small trades.