FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest

[StelioKontos]

I do often deposit, why?

LOTTERY ROUND 148
This round, the winner with the lowest number of tickets is #8 with 68 tickets.
#1 won 1.27444944 BTC with 2,052 tickets.

and?  

[MinerHQ]

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
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

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.

[revben]

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
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

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.

Your aim should be to gain reward point and cash them in for whatever you want.

[TheQuin]

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.

[chris200x9]

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.

[TheQuin]

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.

Thanks.

Personally, I have deposited to collect the interest and also because I hate reCaptcha so much. But I never risk an amount larger than I can afford to lose.

Wetsuit travels a lot so sometimes it might not be possible to get hold of him for a few days but if he is available he responds to me pretty quickly. In fact, he's already got back to me about the minimum withdrawal.


The minimum withdrawal also acts a bot buffer. We are able to give new users 100 free rolls before applying the reward reduction algorithm. This allows you to build up a wagering history to maintain full reward. If we set the minimum withdrawal too low they would just get to that amount and make new accounts.

We are considering setting the minimum withdrawal to a dollar amount so if Bitcoin price increases again it will not make it any worse. That amount is likely to be around the $2 mark. That's because wetsuit feels that Bitcoin payments below that amount are impractical. Users new to Bitcoin are unaware that by accumulating dust in their wallets they are going to get shocked by the fees when they try and spend it. So it kind of protects new users from themselves.

[BTCevo]

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

Yes, many of them sure involve some btc here to play on their site, not just for gambling but for lottery too. Mostly I can see here many of them do it for gambling because admin said they have their high income comes from their games not from ads or lottery game. People tend to use free money to hit the prize rather than using their own money. It is just like win win solution

[Betwrong]

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.

[TheQuin]

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.

[HurleyHurty]

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

Why site owner decrease my minimum free roll? 

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

[TheQuin]

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

Why site owner decrease my minimum free roll? 

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

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.

[babygun]

@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.

[TheQuin]

@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.

[Kprawn]

@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.} 

[TheQuin]

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

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

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

[shield132]

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...

[Oilacris]

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.

[Thirdspace]

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

[mike84.hn]

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

[Don Pedro Dinero]

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.