jostorres
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January 04, 2020, 06:19:35 PM |
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It is seriously used to be a website for people who want to get into bitcoin and not for people who are super wealthy, nowadays they changed so much that even whales have a HUGE potential of being here and profiting from here. Surely they won't care about the faucet, that is for the poor folks like us and we still use it, reward points are something we just hope and wish because they are giving away a lot of things but with the amount of reward points we get we are lucky if we could ever claim ledger nano s let alone anything bigger.
However, that 4% changed soooo much, like if you are a wealthy person with a lot of bitcoins, it is better to get 4% for your bitcoins interest than zero, sure it can go down or up but it will do that wherever it is su while you are "hodling" it is better to keep it here as well.
Doesn't matter how rich or poor you are, its not about getting into bitcoin for the first time or maybe you are one of the earliest investors to bitcoin, the matter of the fact is that this place gives out free bitcoins to thousands of people every single day without expecting anything back, if you end up gambling or using the money for something else that is your own decision but normally everyone is free to just come here and take free money and leave, while you are taking free money you are getting interest on your free money as well which is seriously interesting because nobody gives you money+interest for just clicking few buttons and people miss that part about the website. So, it is not for poor, its not for whales, its for everyone who wants to participate without discrimination.
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mindrust
Legendary
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Activity: 3388
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January 04, 2020, 06:39:29 PM |
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It is seriously used to be a website for people who want to get into bitcoin and not for people who are super wealthy, nowadays they changed so much that even whales have a HUGE potential of being here and profiting from here. Surely they won't care about the faucet, that is for the poor folks like us and we still use it, reward points are something we just hope and wish because they are giving away a lot of things but with the amount of reward points we get we are lucky if we could ever claim ledger nano s let alone anything bigger.
However, that 4% changed soooo much, like if you are a wealthy person with a lot of bitcoins, it is better to get 4% for your bitcoins interest than zero, sure it can go down or up but it will do that wherever it is su while you are "hodling" it is better to keep it here as well.
%4 is really a good boost for the whales but I don't agree with the rest. This faucet operates just like the day it was born: A chance to win $200 as bitcoin every hour.In 2014 the lowest satoshi prize was ~300-500 sats (it probably went even higher in 2015-2016) but the amount they have been distributing didn't change. It is still the same. ($200 every hour) It is a faucet for ducks sake, you can't expect to make fat bucks if you already have no money. That logic applies to every goddamn business in life. The more money you have, the more you make.
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STT
Legendary
Online
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Merit: 1447
Catalog Websites
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January 04, 2020, 07:10:32 PM Last edit: January 04, 2020, 07:59:06 PM by STT |
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The faucet really is not a way to get rich, theres a few sites I know of with a faucet and its mostly about giving people something to play the games with only a starting amount. Most places cut off the faucet after a bit unless you lose it all but here you can just keep collecting which is nice but its only a bonus. IMO its going to be a decade until 27 sat is more then pocket fluff worth. People five years ago who collected the faucet, gambled a little and saved what they collected might have a decent sum by now; Im not sure as I was never this careful on purpose (I was accidentally lucky). I spent alot of my BTC on hardware and then mined alt coins. A chance to win $200 as bitcoin every hour. Really no complaint is reasonable when its a free service, one day I'll get that win. (it probably went even higher in 2015-2016) Yep so inversely the price really did bottom out in that time it was very gloomy as I remember following 2013 hype year. I shouldn't have sold any BTC at that time just like now its debatable whether its also a bit silly to sell any crypto. I would only say use some when you get the hype phase to prices going on, the froth of the white water while price alters so fast overnight some markets arent even awake so this means nobody is exactly sure of accurate pricing at that time. Similarly a really sharp spike down is highly probable to be inaccurate and can resolve upwards just as sharp [this will show as a pin type candle on a chart]. The more money you have, the more you make. I would also argue in favour of some skill and awareness of situations which have opportunity, to some extent we are all makers of our own luck. Its not purely capital alone imo, some oppose capitalism on this basis but its not quite true. https://i.imgur.com/wvqxiaZ.pngThats the really nasty bottom pricing. The thing is I would kick myself over is the sharp spike down there matches a previous high, so its a natural place for a turn in direction but all I can do is learn from my mistakes and check the chart now for similar.
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Betwrong
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I stand with Ukraine.
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January 05, 2020, 12:43:25 PM |
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~ In 2014 the lowest satoshi prize was ~300-500 sats (it probably went even higher in 2015-2016) but the amount they have been distributing didn't change. It is still the same. ($200 every hour) It is a faucet for ducks sake, you can't expect to make fat bucks if you already have no money. That logic applies to every goddamn business in life.
The more money you have, the more you make.
Yes, I remember claiming around 1,000 satoshis per hour many times during 2015, and one day it was exactly 1k sats. Those were bad times for Bitcoin, falling like that(to $200) from $1,200, but very good times for claiming the faucet.
FreeBitco.in is currently down for me But I hope it's a temporary issue. It was working around 15 minutes ago though.
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UserU
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January 05, 2020, 01:02:09 PM |
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Should be a temp issue. It happened somewhere last month ago too.
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mindrust
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January 05, 2020, 01:56:51 PM |
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Should be a temp issue. It happened somewhere last month ago too.
It is back. They make these little surprises from time to time to keep the attention alive. It is kinda scary though thinking about what if they go offline and never come back online next time.
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SM23031997
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January 05, 2020, 02:34:38 PM |
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Yes, it went offline for few minutes. I wasn't able to bet on dicebot for sometime and then it came back.
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JohnBitCo
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January 05, 2020, 04:00:43 PM |
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Should be a temp issue. It happened somewhere last month ago too.
It is back. They make these little surprises from time to time to keep the attention alive. It is kinda scary though thinking about what if they go offline and never come back online next time. Its was just a temporary glitch. Also Freebitco is from ages (since the time I started knowing about bitcoins) and therefore you don't need to get worry that it will exit like a scam site. It is one of the few bitcoin sites which I trust the most.
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Subbir
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🎄 Allah is The Best Planner 🥀
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January 05, 2020, 04:20:19 PM |
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Are all of the tickets available now automatically deducted And if I am a free member, will I get the first prize? I wanted to say, if 100 tickets were bought or less then how much reward could I get?
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BitSat19
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January 05, 2020, 04:34:12 PM |
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Are all of the tickets available now automatically deducted And if I am a free member, will I get the first prize? I wanted to say, if 100 tickets were bought or less then how much reward could I get?
Your question is not clear in which lottery you want to win with 100 tickets because right now 2 lotteries working one for weekly and second for Lamborghini give some details.
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Subbir
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🎄 Allah is The Best Planner 🥀
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January 05, 2020, 04:56:28 PM |
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Are all of the tickets available now automatically deducted And if I am a free member, will I get the first prize? I wanted to say, if 100 tickets were bought or less then how much reward could I get?
Your question is not clear in which lottery you want to win with 100 tickets because right now 2 lotteries working one for weekly and second for Lamborghini give some details. Sorry i can say exactly LOTTERY ROUND 239 FreeBitco.in possible bought 100 or less then ticket to win umber of 1-10 prize? look up photo please.
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BitSat19
Member
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January 05, 2020, 05:05:49 PM |
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Are all of the tickets available now automatically deducted And if I am a free member, will I get the first prize? I wanted to say, if 100 tickets were bought or less then how much reward could I get?
Your question is not clear in which lottery you want to win with 100 tickets because right now 2 lotteries working one for weekly and second for Lamborghini give some details. Sorry i can say exactly LOTTERY ROUND 239 FreeBitco.in possible bought 100 or less then ticket to win umber of 1-10 prize? look up photo please. Dear 100 is nothing even if you have 100K then still you have no guarantee of prize from top 10 for more details you can check round 239 result as 240 is still under review one person have 1,130,807 tickets and he is on 8 and another person with 1208 is on 10th and winner is going with 49389 tickets its all about luck no one can help you for win a prize.
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mindrust
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January 05, 2020, 05:19:36 PM |
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Dear 100 is nothing even if you have 100K then still you have no guarantee of prize from top 10 for more details you can check round 239 result as 240 is still under review one person have 1,130,807 tickets and he is on 8 and another person with 1208 is on 10th and winner is going with 49389 tickets its all about luck no one can help you for win a prize.
That's why we call it lottery... it is about your luck. Most of those people with 50-100k+ tickets have lots of and lots of referrals which generate free lottery tickets for them every day. So they don't actually lose anything. You can't cash out your lottery tickets neither. It is kinda passive income bonus on top of that those sweet referral click payments.
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hosseinimr93
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January 05, 2020, 05:47:18 PM |
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^^^^ Lottery round 240 just ended. The winner of fifth place had only 16 tickets. Also, the winner of sixth place had only 79 tickets. Earning more tickets (buying them or earning them) improves your chance, but the outcome depends on your luck. You can win the lottery with only 1 ticket and a user with more than 50 million tickets wins nothing. A good example is round 232 where the first winner had only 2 tickets.
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keyscore44
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January 05, 2020, 06:21:33 PM |
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I realize that the more tickets you have, the more likely you are to win. However, just the example of a winner with two tickets shows that more depends on luck. I wonder if the users who buy tickets finally come out financially positive or they lose ...
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hosseinimr93
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January 05, 2020, 06:30:26 PM Last edit: January 05, 2020, 06:49:07 PM by hosseinimr93 |
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I wonder if the users who buy tickets finally come out financially positive or they lose ... If you gamble or claim the faucet, you will get some free tickets. Perhaps you win the lottery with the free tickets you get and make a good profit. But it's not a good idea to buy lottery tickets. In the last round of the lottery (Round 240), there were totally 260 million tickets. They cost 2.6 BTC. The value of total prize given to winners was 0.65 BTC. So, 25% goes to winners and 75% goes to the house. If you buy the tickets to participate in the lottery, it's like that you play a game with 75% house edge.
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LTU_btc
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Slava Ukraini!
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January 05, 2020, 11:08:00 PM |
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In the last round of the lottery (Round 240), there were totally 260 million tickets. They cost 2.6 BTC. The value of total prize given to winners was 0.65 BTC. So, 25% goes to winners and 75% goes to the house. If you buy the tickets to participate in the lottery, it's like that you play a game with 75% house edge.
75% going to the house looks like huge. But I think it's not very accurate to say this. Because out of these 260 million tickets, huge number of it were received for free (free rolls, wagering, betting, as commission from referrals). Bought tickets make only small part of total tickets. So, I think it's normal that only 25% goes to lottery winners.
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hosseinimr93
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January 05, 2020, 11:30:54 PM Last edit: January 05, 2020, 11:47:18 PM by hosseinimr93 |
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In the last round of the lottery (Round 240), there were totally 260 million tickets. They cost 2.6 BTC. The value of total prize given to winners was 0.65 BTC. So, 25% goes to winners and 75% goes to the house. If you buy the tickets to participate in the lottery, it's like that you play a game with 75% house edge.
75% going to the house looks like huge. But I think it's not very accurate to say this. Because out of these 260 million tickets, huge number of it were received for free (free rolls, wagering, betting, as commission from referrals). Bought tickets make only small part of total tickets. So, I think it's normal that only 25% goes to lottery winners. I know a big part of tickets come from free rolls, referral, wagering, etc. I was talking about the profitably of buying tickets. I was not talking about the profit house makes with lottery tickets and I didn't say going only 25% to winners is not normal. Considering free tickets, I don't think the house even makes any profit in the lottery. The game is in favor of those who earn tickets via free rolls, referral, wagering, etc. But those who participate in the lottery by buying the tickets play a game with 75% house edge. It doesn't mean that the house is making 75% profit.
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freebitco.in PR
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freebitco.in Official PR Account
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January 06, 2020, 06:22:52 AM |
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Here's a special bonus for you. 8 RP/free roll, 4 RP/referral free roll, 4 RP/multiply roll. 4x reward points (RP) promotion currently running and ends in 3hours.
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lixer
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January 06, 2020, 07:31:19 AM |
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It is a faucet for ducks sake, you can't expect to make fat bucks if you already have no money. That logic applies to every goddamn business in life.
The more money you have, the more you make.
It is not really a small amount when you do it multiple times a day, let's calculate around the world wages and how much you can make from freebitcoin and see if it really worths it for some people or not. I know it could be lesser for some people but to me the lowest I make per roll is 162 satoshi, sure that requires a bit of commitment to reach there (I at least hope ) but the imaginary person we talk here also does this as a side-job anyway so he must be at least as dedicated to this as I am. 162 satoshi per roll means 1944, almost 2k satoshi per day, now some days could be more but some days could be less so lets average around 2k satoshi per day, for 30 days a month that is 60k satoshi. That is around 5 bucks right now, you may think that may not worth it for you and most of the time you are right but for example people in Venezuela wouldn't mind getting that much money right now right? Or people in Zimbabwe? Or Georgia, or northern Cyprus? Cuba? I mean these are all extra money that would help them, on top of that they would get a lot of reward points for doing so many free rolls and many lottery tickets as well so that 5 bucks is not the money they will %100 get all the time, that is the bare bottom, they can get on top of that depending on luck.
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