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

[Thirdspace]

I tried to upload a screenshot to imgur but kept failing on upload process
so I just copy pasted the message here,

You have an invalid email address attached to your account. Please change it to one that is valid (by clicking on the PROFILE button in the top bar) so that you can receive password reset emails and payment notifications from us in the future.

I just got this big red notification on my account, anyone else getting it too?
my registered email address can still receive messages in inbox just fine
does freebitco.in start blocking, or request changing, certain email address' domains?

[Kakmakr]

Strange how this site started out as a Faucet that gave out FREE money and then it gradually added features that takes back the money and now prizes that is targeted at the biggest spenders. 

I totally understand that the site had to change, after the Ad income was blocked, but the focus of this site has now changed from a "Charity" site to a "profit generator" 

I would want to see that something "new" should be added to change the focus of this site back to a "Robinhood" type endeavour, where millions of poor people are granted the opportunity to have a moment in the Sun. 

Hope you see my point. 

[TheQuin]

Can someone explain to me why the payout  is weird?   What a bummer to roll high enough to win more than the minimal roll prize and then see that it pays less than 9886 other numbers.

You have redeemed Reward points for a FREE BTC.

Redeem your points to increase your minimum free FREE BTC reward! Each bonus is valid for 24 hours after redemption. This bonus will only increase the lowest prize in the FREE BTC table and only the base reward will be multiplied by this bonus and then added to any other bonuses that you have currently.

I just got this big red notification on my account, anyone else getting it too?
my registered email address can still receive messages in inbox just fine
does freebitco.in start blocking, or request changing, certain email address' domains?

We're not blocking any domains. That error only occurs when your email provider has bounced an email we sent. Only your email provider can explain why they did that.

I strongly advise you to use another email for your freebitco.in account as when you see that message it means there is a flag on your account that will allow password reset without a confirmation email. If you keep any balance in your account please use 2FA.

Edit:

Hope you see my point. 

We started out making a profit from adverts and now have an income purely from gambling.

Later this year the site will rebrand to take the word 'free' out of the name. We'll be adding more coins and an exchange.

I hope you see our point.

[Kakmakr]

Can someone explain to me why the payout  is weird?   What a bummer to roll high enough to win more than the minimal roll prize and then see that it pays less than 9886 other numbers.

You have redeemed Reward points for a FREE BTC.

Redeem your points to increase your minimum free FREE BTC reward! Each bonus is valid for 24 hours after redemption. This bonus will only increase the lowest prize in the FREE BTC table and only the base reward will be multiplied by this bonus and then added to any other bonuses that you have currently.

I just got this big red notification on my account, anyone else getting it too?
my registered email address can still receive messages in inbox just fine
does freebitco.in start blocking, or request changing, certain email address' domains?

We're not blocking any domains. That error only occurs when your email provider has bounced an email we sent. Only your email provider can explain why they did that.

I strongly advise you to use another email for your freebitco.in account as when you see that message it means there is a flag on your account that will allow password reset without a confirmation email. If you keep any balance in your account please use 2FA.

Edit:

Hope you see my point. 

We started out making a profit from adverts and now have an income purely from gambling.

Later this year the site will rebrand to take the word 'free' out of the name. We'll be adding more coins and an exchange.

I hope you see our point.

Exactly my point. It feels like a common "Bait n Switch" business model, where you attract people with the promise of FREE money and when you hooked them into your service, then you switch to a business model based on profit. You even removed the "Donate to Charity" feature that was implemented at one stage.

It is sad to see this, because Freebitco.in has always been the site that helped to grow adoption and also spearheaded "newbies" entry into Bitcoin.

I am not badmouthing the site at all, I am merely making an observation based on my long-term association with this site, from it's early beginnings. 

I hope with the new launch that we would see something that would be focussed on what this site was initially based on, which is "Helping" the millions of people that needs a jump start into their Crypto currency journey.

[Chris314]

The goal of the website, as many companies out there, is to make profit. I think faucet will remain to attract new players, but they'll always be encouraged to play MULTIPLY BTC game. Freebitcoin can't give money without earning some somewhere.

[TheQuin]

Exactly my point. It feels like a common "Bait n Switch" business model, where you attract people with the promise of FREE money and when you hooked them into your service, then you switch to a business model based on profit. You even removed the "Donate to Charity" feature that was implemented at one stage.

It always was a for profit business.

The donate to charity option was removed because Save the Children stopped accepting donations in Bitcoin.¹

It is sad to see this, because Freebitco.in has always been the site that helped to grow adoption and also spearheaded "newbies" entry into Bitcoin.

I am not badmouthing the site at all, I am merely making an observation based on my long-term association with this site, from it's early beginnings.  

I hope with the new launch that we would see something that would be focussed on what this site was initially based on, which is "Helping" the millions of people that needs a jump start into their Crypto currency journey.

We're not removing the faucet so we hope we will continue to introduce many new people to Bitcoin.

The rebrand may help to end the confusion that many people have about us being a charity. The free money has always been there to bring in new customers some of which will deposit and play.


THIS

The goal of the website, as many companies out there, is to make profit. I think faucet will remain to attract new players, but they'll always be encouraged to play MULTIPLY BTC game. Freebitcoin can't give money without earning some somewhere.

Edit:

[1] It appears that Save the Children have started accepted Bitcoin donations again. Unfortunately, it was a very underused facility so it is unlikely we will bring it back.
 

[Betwrong]

~

We'll be adding more coins and an exchange.

~

I'm looking forward to starting trading on your exchange. Are you planning to create better conditions for users than on other exchanges? Please share some details beforehand if you can. Your site is a trusted place and I think many traders would move to your platform if conditions were better there.

[TheQuin]

I'm looking forward to starting trading on your exchange. Are you planning to create better conditions for users than on other exchanges? Please share some details beforehand if you can. Your site is a trusted place and I think many traders would move to your platform if conditions were better there.

It's going to be an exchange to compete with those made for trading. Although everything is still in the planning stage wetsuit said he intended it to .be an alternative to something like Shapeshift. Just the ability to switch from one coin to the other. The advantage will be for small amounts you will not have the hefty withdrawal fees that most exchanges charge.

[jackg]

It's going to be an exchange to compete with those made for trading. Although everything is still in the planning stage wetsuit said he intended it to .be an alternative to something like Shapeshift. Just the ability to switch from one coin to the other. The advantage will be for small amounts you will not have the hefty withdrawal fees that most exchanges charge.

It would be quite nice if it was similar to shapeshift, maybe offer people a chance to make buy/sell orders before transactions go through mihgt reduce the charge to you in case a coin immediately drops by 50% or something.

As I've seen, if you charge something between 0.02-0.5% then it's not too much different to the value of the buy/sell orders as there's just a usual fluctuation between exchanges that could add that rate - unless you get a really high volume.

[broke_tradah]

It always was a for profit business.

The donate to charity option was removed because Save the Children stopped accepting donations in Bitcoin(stop lying thequack).

We're not removing the faucet so we hope we will continue to introduce many new people to Bitcoin so that we can take every last satoshi that they owe us and they owe us all of it.

The rebrand may help to end the confusion that many people have about us being a charity. The free money has always been there to sucker in new customers most if not all of which will deposit and and lose everything.

*FIXED*

Btw i left the lie about the charity in there without any comedy modifications because thats just despicable.  Donate here with btc:   https://bitpay.com/615074/donate
Or other charities below (which also lists the above childrens link)
https://www.coinpurveyor.com/donations/

[TheQuin]

~

*FIXED* I edited your quote without making clear what changes I made because I'm a complete twat that deliberately misleads people.

Btw i left the lie about the charity in there without any comedy modifications because thats just despicable.  Donate here with btc:   https://bitpay.com/615074/donate
Or other charities below (which also lists the above childrens link)
https://www.coinpurveyor.com/donations/

Unlike you, I have some self-respect so I have gone back and made a DISCLOSED edit to my previous post.

[babygun]

If the website would not be profitable, than the site would no longer be online.
Would be cool if the new site would have some more extra features (besides the exchange) such as games or ...

[TheQuin]

If the website would not be profitable, than the site would no longer be online.

It is always hilarious watching the trolls one minute screaming that we rip everyone off and make too much profit and then switch tack and claim your deposits are at risk because we're about to go bust.

Most of the requests I get can be summarised as either 'give us more free money' or 'reduce your house edge so you have less income to pay the freebies'.

Would be cool if the new site would have some more extra features (besides the exchange) such as games or ...

Stay tuned.

[Teddybears]

Why does the percentage towards the next level bonus go down when you use the hourly free spin?  Also, what causes the bonus added to every win to drop?

Screenshot below.  Thanks for the help!

https://imgur.com/gallery/VSbaMLu

[broke_tradah]

It's the site's snake oil way of saying "pay us by losing all your BTC in the multiply game or we're cutting off any possible free btc bonus slowly".  In otherwords,  everytime you roll a free roll,  that thing goes down by very large chunks.  When you play multiply game,  it will go up but it's so slow it's not even worth the risk.  Just stick to the default 32 or whatever Sats that it gives for free.  In about 3 billion years you might have a 100K sats.  Unless of course you use a bot to claim 24x7.  Just take a looksie around,  such monsters do exist lmao.

[shield132]

If the website would not be profitable, than the site would no longer be online.

It is always hilarious watching the trolls one minute screaming that we rip everyone off and make too much profit and then switch tack and claim your deposits are at risk because we're about to go bust.

Most of the requests I get can be summarised as either 'give us more free money' or 'reduce your house edge so you have less income to pay the freebies'.

Would be cool if the new site would have some more extra features (besides the exchange) such as games or ...

Stay tuned.

I know you answered me sometimes here but are you among owners of freebitco? Or just support here?
Btw you may don't know but in old good days, even banks were promoting your website, this means you have trust in people.
You really pay low compared to old times but somehow no one considers the fact that bitcoin's price is high, more than 10x high. Low house edge would be better but I understand, being faucet and dice at the same time with 1% house edge is very unprofitable for website, however others can't understand it.
Wish you success, would love to see new and strong freebitco like it was some years ago.

[Teddybears]

One more question.  This is a shot without any rewards enabled.  Which number on there is going to
change to 1,000x higher when I enable the reward?

https://imgur.com/gallery/P0aXPu5

[jackg]

One more question.  This is a shot without any rewards enabled.  Which number on there is going to
change to 1,000x higher when I enable the reward?

https://imgur.com/gallery/P0aXPu5

1. The base bet increases
2. It increases by 10x/1000% not 1000x

[Thirdspace]

Why does the percentage towards the next level bonus go down when you use the hourly free spin?  Also, what causes the bonus added to every win to drop?

that's how it works, the exact formula is kept secret by wetsuit alone
but there are a few factors related to how bonus % on each level is computed:
decrease (-): amount of free roll claim (total claimed)
increase (+): by playing multiply btc (total wager amount) and/or buying lottery tickets
by my observation, there are 20 levels and we start with level 1 as a base reward (currently 32)
then for each level up we get additional amount of base reward (bonus level = multiplier)

in your case you are on bonus level 4, then your free roll is (3x32)+32 = 128
you activated 1000% FREE BTC bonus, 32 x 10 = 320
so you can claim for 128+320 = 448 satoshi each free roll at this moment

edit: made a small correction on the (+) sign

[Kakmakr]

Exactly my point. It feels like a common "Bait n Switch" business model, where you attract people with the promise of FREE money and when you hooked them into your service, then you switch to a business model based on profit. You even removed the "Donate to Charity" feature that was implemented at one stage.

It always was a for profit business.

The donate to charity option was removed because Save the Children stopped accepting donations in Bitcoin.¹

It is sad to see this, because Freebitco.in has always been the site that helped to grow adoption and also spearheaded "newbies" entry into Bitcoin.

I am not badmouthing the site at all, I am merely making an observation based on my long-term association with this site, from it's early beginnings.  

I hope with the new launch that we would see something that would be focussed on what this site was initially based on, which is "Helping" the millions of people that needs a jump start into their Crypto currency journey.

We're not removing the faucet so we hope we will continue to introduce many new people to Bitcoin.

The rebrand may help to end the confusion that many people have about us being a charity. The free money has always been there to bring in new customers some of which will deposit and play.


THIS

The goal of the website, as many companies out there, is to make profit. I think faucet will remain to attract new players, but they'll always be encouraged to play MULTIPLY BTC game. Freebitcoin can't give money without earning some somewhere.

Edit:

[1] It appears that Save the Children have started accepted Bitcoin donations again. Unfortunately, it was a very underused facility so it is unlikely we will bring it back.
 

Oh please. Stop with that... You either want to give to charity or you do not want to give to charity. The feature would not have taken up a lot of space and the way that you placed it on the forum, did not encourage people to use it. If you really supported the idea, then you would have enabled a popup or a message on the landing page for this feature.

The money was coming from the Freebitco.in community and you just provided a platform to channel some money to that charity. <Agreed, you did give a once off donation at the beginning to kick off the process and that is commendable> I think it was removed, because you wanted that money to go to the gambling, when the Ad income was removed. 

It is still sad to see where this is going now.