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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 532935 times)
UserU
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May 27, 2021, 02:16:48 PM
 #16961

Ah jeez, I totally forgot to take advantage of the free spin due to the 24 hour cooldown from changing the withdraw address on my custodial wallet.

I'm just curious, but is there anyone on here who deposited on freebitcoin to earn their 4% interest in a year?
If we are only talking about high house edge on freebitcoin or free roll $20 and $200, it's already boring for me.

The interest is just a bonus for those that don't mind some extra bits.

After all, Freebitcoin projects itself as a faucet + casino rather than a interest savings account.

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May 27, 2021, 05:16:54 PM
 #16962

I'm just curious, but is there anyone on here who deposited on freebitcoin to earn their 4% interest in a year?
If we are only talking about high house edge on freebitcoin or free roll $20 and $200, it's already boring for me.

yeah. i have had some bitcoin in my freebitco.in account for a long time now. i think it is over a year now. i sometimes withdraw if i need those coins and after a while i deposit some amount back and leave it there to generate profit.
as for the games there are many of them, not just the free roll. of course these are for gamblers.

There is a FOMO brewing...
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May 27, 2021, 05:49:16 PM
 #16963

Well I was replying to Mahdirakib and we were talking about betting on the BTC price range on Freebitco.in actually. We were not talking about sport bets and I don't know any other sportsbook offering bets on the BTC price range, so I don't understand how we could do arbitrages with other sportsbooks. In fact forecasting BTC and other cryptocurrencies price is extremely hard because of the volatile nature of crypto assets, that's why bookmakers are not able to calculate odds for that and only parimutuel betting sportsbooks like freebitco.in can offer markets for this kind of bets.

Betting on btc price range forecasts? How is it possible?
Are there some price tiers with specified odds which change frequently based on the bets each tier gets? Or they are fixed by the website? I didn't go to freebitcoin since years now as the faucet value is nothing because of the price of btc, but if the prizes are big to predict btc price, I guess will need to begin playing there. Wink
Yes that's exactly how it works, odds are not fixed by the website or by an odds provider, but they are calculated from the amounts bet on each price range previously defined by the website, so odds currently appearing on the page are not the final odds that will be used for the payouts at the end but just stand for an indication of it. Hence it means you have to guess the right outcome but you also need to guess what will be the final odds for this outcome.


^^Those were my bets on BITCOIN PRICE - MAY, and to illustrate how odds can change with time here's the final odds:


A huge drop from 263.46 to 56.80 for the "$20,001 - $25,000" range. And for the "$25,001 - $30,000" range the drop is also significant:



It almost looks like people have ignored my warning

~(Warning: don't follow me, I lost all my bets for BTC price March and April).

and placed their bets on those ranges anyway  Grin (I'm just kidding, I know it was hardly the case).

Now that only 4 days left, I think I'm gonna lose my bets this time again. The good part is that I had my fun, and if I lose I lose only 3k sats. I can survive that. Smiley

Seems most likely you will lose it, also it could end up in 40k price range now it seems as today btc crossed 40k which is a good sign and slowly recovery is also happening. The odds does change very fast and as the days get closer it does not look lucrative when you have first seen those high odds number few days back. Good luck.

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May 27, 2021, 05:59:11 PM
 #16964

how do I get less interest when I have a higher balance?

It doesn't look like you are getting less when you have more from that picture though? I mean on that image it shows that you had 84k and got 9, then a bit over 85k and got 9 again and then some more and got 10 finally, then after that it is purely higher and higher and constantly 10 because of that. I believe if you get more money on your account that means you are going to get more interest as well, quite simple math isn't it?

If you got like 90 and then get 9 sat but then 80k and got 10 that would be weird, that is what you are saying how did you get more sat when you have less money because that's not true at all and that's why you are getting an increased amount of money and that's the situation here. I can't say if it is this way or that way but that's about it and that's why I think you should not be worried about it at all and seems like you are getting what you should.
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May 27, 2021, 06:36:22 PM
 #16965

how do I get less interest when I have a higher balance?

It doesn't look like you are getting less when you have more from that picture though? I mean on that image it shows that you had 84k and got 9, then a bit over 85k and got 9 again and then some more and got 10 finally, then after that it is purely higher and higher and constantly 10 because of that. I believe if you get more money on your account that means you are going to get more interest as well, quite simple math isn't it?

If you got like 90 and then get 9 sat but then 80k and got 10 that would be weird, that is what you are saying how did you get more sat when you have less money because that's not true at all and that's why you are getting an increased amount of money and that's the situation here. I can't say if it is this way or that way but that's about it and that's why I think you should not be worried about it at all and seems like you are getting what you should.
That is pretty normal since daily interest is 0.0109589% and you also earn interest after the eighth decimal house of bitcoin. In some days those many decimal houses will accumulate 1 extra satoshi that you wouldn't earn in common days. Think about it like leap years' logic.


Can anyone answer this question: do referrals see any message when logging into their accounts showing the details of the shared satoshis amount made by their referees?

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May 27, 2021, 06:55:45 PM
 #16966

Can anyone answer this question: do referrals see any message when logging into their accounts showing the details of the shared satoshis amount made by their referees?
Yes, your referrals will see a message if you share some satoshi with them. The message will be displayed for one time only and it will disappear if they refresh the page. As far as I can remember, the message shows in a green box and it also display the amount which your referral will receive from the share.

R


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May 27, 2021, 07:43:46 PM
 #16967

I'm just curious, but is there anyone on here who deposited on freebitcoin to earn their 4% interest in a year?
If we are only talking about high house edge on freebitcoin or free roll $20 and $200, it's already boring for me.

I do and I think with the Premium membership with FUN tokens they have introduced from a few months now this becomes even better.For people who own at least 12500 FUN tokens and hold them for a year will get an extra boost to their interest which will go 10% and 10% is a really big amount to take into consideration.I am near this amount of tokens and with the price a token have right now anyone that has been in crypto for some time can afford this amount.Beside that we get those daily free spins which occasionally gives you 5000 RP, 5000 Satoshi or 5000 Lottery tickets.

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May 27, 2021, 10:49:13 PM
 #16968

I'm just curious, but is there anyone on here who deposited on freebitcoin to earn their 4% interest in a year?
If we are only talking about high house edge on freebitcoin or free roll $20 and $200, it's already boring for me.

I do and I think with the Premium membership with FUN tokens they have introduced from a few months now this becomes even better.For people who own at least 12500 FUN tokens and hold them for a year will get an extra boost to their interest which will go 10% and 10% is a really big amount to take into consideration.I am near this amount of tokens and with the price a token have right now anyone that has been in crypto for some time can afford this amount.Beside that we get those daily free spins which occasionally gives you 5000 RP, 5000 Satoshi or 5000 Lottery tickets.

Is that how it works though?

My impression is that the current interest would get boosted by 10%, meaning that if somebody had 4% interest and that interest amount gets boosted by 10%, meaning they would be getting 4.4% interest.

Maybe I'm wrong, and if somebody is getting 4% now and they get 14% after, then that would be another story, but that seems way too high to be realistic.

If it is option #1, then I wouldn't say that there is a big difference between 4% and 4.4% interest for example.
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May 27, 2021, 11:54:31 PM
 #16969

Ah jeez, I totally forgot to take advantage of the free spin due to the 24 hour cooldown from changing the withdraw address on my custodial wallet.

I'm just curious, but is there anyone on here who deposited on freebitcoin to earn their 4% interest in a year?
If we are only talking about high house edge on freebitcoin or free roll $20 and $200, it's already boring for me.

The interest is just a bonus for those that don't mind some extra bits.

After all, Freebitcoin projects itself as a faucet + casino rather than a interest savings account.
Why it wouldn't be a saving account? I don't understand.  Huh Which platform offers real saving accounts according to you?
You're wrong mate, Freebitcoin is the main saving account platform for many people, that's why so many users bought FUN tokens.
Unlike many shady custodial platforms we know what is its business model and from where the money comes from.

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May 28, 2021, 01:39:34 AM
 #16970

Can anyone answer this question: do referrals see any message when logging into their accounts showing the details of the shared satoshis amount made by their referees?
Yes, your referrals will see a message if you share some satoshi with them. The message will be displayed for one time only and it will disappear if they refresh the page. As far as I can remember, the message shows in a green box and it also display the amount which your referral will receive from the share.
Thank you.

I'm just curious, but is there anyone on here who deposited on freebitcoin to earn their 4% interest in a year?
If we are only talking about high house edge on freebitcoin or free roll $20 and $200, it's already boring for me.

I do and I think with the Premium membership with FUN tokens they have introduced from a few months now this becomes even better.For people who own at least 12500 FUN tokens and hold them for a year will get an extra boost to their interest which will go 10% and 10% is a really big amount to take into consideration.I am near this amount of tokens and with the price a token have right now anyone that has been in crypto for some time can afford this amount.Beside that we get those daily free spins which occasionally gives you 5000 RP, 5000 Satoshi or 5000 Lottery tickets.
I'm satisfied with the investment on the platform as well. The annual rates are quite competitive compared to another platforms which offer the same feature and Freebitco.in has the advantage of being around since many years ago, giving the site more legitimacy. Furthermore they pay interest daily, while another platforms usually pay it weekly. With so many pros I think there are a lot more investors on their site.

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May 28, 2021, 04:19:51 AM
 #16971

Why it wouldn't be a saving account? I don't understand.  Huh Which platform offers real saving accounts according to you?
You're wrong mate, Freebitcoin is the main saving account platform for many people, that's why so many users bought FUN tokens.
Unlike many shady custodial platforms we know what is its business model and from where the money comes from.

About savings, I meant the likes of Celsius Network and Nexo as they are financial institutions with insurance policies.

I didn't say that Freebitcoin is NOT a savings account, but rather the branding itself is known more as a faucet and a casino.

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May 28, 2021, 07:50:24 AM
 #16972

Why it wouldn't be a saving account? I don't understand.  Huh Which platform offers real saving accounts according to you?
You're wrong mate, Freebitcoin is the main saving account platform for many people, that's why so many users bought FUN tokens.
Unlike many shady custodial platforms we know what is its business model and from where the money comes from.

About savings, I meant the likes of Celsius Network and Nexo as they are financial institutions with insurance policies.

I didn't say that Freebitcoin is NOT a savings account, but rather the branding itself is known more as a faucet and a casino.

Freebitco.in is not a Cryptocurrency lending plarform, like the Celsius Network and also not just a faucet and a Casino. You can earn just over 4% per year on your Freebitco.in balance and the interest is paid out to you on a daily basis. (reducing the risk, with every payment that are made, because you are getting a small potion of your investment back every day and it is interest on interest.. because your balance is also growing with every payment that are made.)

I'm just curious, but is there anyone on here who deposited on freebitcoin to earn their 4% interest in a year?
If we are only talking about high house edge on freebitcoin or free roll $20 and $200, it's already boring for me.

Yes, I gamble for free on my interest and I also get free rewards for all my actions... by just having a high balance deposited on Freebitco.in.

In a lot of countries, you will not get 4% interest on your fixed deposits or other investments and it will also not be paid back on a daily basis.  Wink

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May 28, 2021, 09:32:30 AM
 #16973


Is that how it works though?

My impression is that the current interest would get boosted by 10%, meaning that if somebody had 4% interest and that interest amount gets boosted by 10%, meaning they would be getting 4.4% interest.

Maybe I'm wrong, and if somebody is getting 4% now and they get 14% after, then that would be another story, but that seems way too high to be realistic.

If it is option #1, then I wouldn't say that there is a big difference between 4% and 4.4% interest for example.

When your interest gets boosted by 10%, thanks to the premium membership, your annually interest will indeed be 4.4%. Not a major difference, but on a large amount, this will give you a nice extra.


In a lot of countries, you will not get 4% interest on your fixed deposits or other investments and it will also not be paid back on a daily basis.  Wink

Exactly, in Belgium, the interest in your bank account is around 0.11%  Grin. So getting 4% is good and it is seems to be sustainable for freebitco.in also.



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May 28, 2021, 10:02:29 AM
 #16974


In a lot of countries, you will not get 4% interest on your fixed deposits or other investments and it will also not be paid back on a daily basis.  Wink

Exactly, in Belgium, the interest in your bank account is around 0.11%  Grin. So getting 4% is good and it is seems to be sustainable for freebitco.in also.

Yikes, and I thought 1% in my country was bad enough.

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May 28, 2021, 10:44:19 AM
 #16975


In a lot of countries, you will not get 4% interest on your fixed deposits or other investments and it will also not be paid back on a daily basis.  Wink

Exactly, in Belgium, the interest in your bank account is around 0.11%  Grin. So getting 4% is good and it is seems to be sustainable for freebitco.in also.

Yikes, and I thought 1% in my country was bad enough.

Lol, it has already been so low for a couple of years now. However, the advantage is that the loans are also cheap (between 1-2%).

Freebitco.in added bets for the French Open. Just placed a bet on Tsitsipas to win @ 19.4; odd will probably still drop but this is value (especially in combination with the time weight multiplier).



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May 28, 2021, 10:52:08 AM
 #16976

It's nice to see that you already have a market for Tennis.  I just saw you add it.  Maybe last year was the last time I bet on a game of tennis on another site.  And I miss betting on every Nadal game.

Hopefully next time you can add NBA betting as well.

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May 28, 2021, 02:59:37 PM
 #16977

Upgrade to Premium - Stand a Chance to Win a Rolex Every Day!

One of the core benefits of being a FreeBitco.in Premium Member is that you can receive up to 16 Wheel of Fortune Free Spins every day!

When you spin the wheel, you stand to win:

1. A Rolex
2. iPhone 12 Pro Max
3. Upto $15,000 in Free BTC
4. Golden Tickets for Win a Lambo
5. Lottery Tickets
6. Reward Points

All you need to do is purchase a minimum of 2,500 FUN Tokens to become a Premium Member and start earning free spins immediately! Additionally, you can also earn extra interest on your BTC deposits and cashback on Multiply BTC/Betting wagers.

So, what are you waiting for? Upgrade to Premium today!


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May 28, 2021, 06:35:34 PM
 #16978

I do and I think with the Premium membership with FUN tokens they have introduced from a few months now this becomes even better.For people who own at least 12500 FUN tokens and hold them for a year will get an extra boost to their interest which will go 10% and 10% is a really big amount to take into consideration.I am near this amount of tokens and with the price a token have right now anyone that has been in crypto for some time can afford this amount.Beside that we get those daily free spins which occasionally gives you 5000 RP, 5000 Satoshi or 5000 Lottery tickets.
Is that how it works though?

My impression is that the current interest would get boosted by 10%, meaning that if somebody had 4% interest and that interest amount gets boosted by 10%, meaning they would be getting 4.4% interest.

Maybe I'm wrong, and if somebody is getting 4% now and they get 14% after, then that would be another story, but that seems way too high to be realistic.

If it is option #1, then I wouldn't say that there is a big difference between 4% and 4.4% interest for example.
I think you are right. Obviously it should be the thequin or wesuit that should respond to you and that is who can tell you the real answer that is for sure. However if I remember correctly it is 10% on top of the interest you have, which means that 4% is the base and 4.4% is 10% on top of that. I have always calculated that way and collecting fun tokens for now, it means that I will spend a lot of money (and I mean A LOT for me) to get there but eventually I will basically have 4.4% interest on the money I have and that's going to be insane, having that type of interest on bitcoin is really nowhere to be found and certainly not in a place as trustworthy as this place.

I have seen some idiotic places with 10%+ even monthly, but let's face it we all know that those places are horrible scammy places that will steal your money, this place however offers 4.4% legit for years and it is something we can't find anywhere, that is why I do not mind spending that money because in the long run I will profit.

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May 28, 2021, 08:42:47 PM
 #16979

I think you are right. Obviously it should be the thequin or wesuit that should respond to you and that is who can tell you the real answer that is for sure. However if I remember correctly it is 10% on top of the interest you have, which means that 4% is the base and 4.4% is 10% on top of that. I have always calculated that way and collecting fun tokens for now, it means that I will spend a lot of money (and I mean A LOT for me) to get there but eventually I will basically have 4.4% interest on the money I have and that's going to be insane, having that type of interest on bitcoin is really nowhere to be found and certainly not in a place as trustworthy as this place.

I have seen some idiotic places with 10%+ even monthly, but let's face it we all know that those places are horrible scammy places that will steal your money, this place however offers 4.4% legit for years and it is something we can't find anywhere, that is why I do not mind spending that money because in the long run I will profit.
You don't need to buy 125 000 FUN tokens to get the +10% bonus on the daily interest. You can just buy 50 000 or 12 500 FUN tokens and wait 12 months to get this bonus. That's very cheap because there are low risks for FUN token to crash against BTC and you can withdraw your tokens or convert them back in BTC directly on the platform whenever you want, they are not frozen there.
 

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May 29, 2021, 12:22:50 AM
Last edit: May 29, 2021, 12:57:25 AM by FinneysTrueVision
 #16980

I do and I think with the Premium membership with FUN tokens they have introduced from a few months now this becomes even better.For people who own at least 12500 FUN tokens and hold them for a year will get an extra boost to their interest which will go 10% and 10% is a really big amount to take into consideration.I am near this amount of tokens and with the price a token have right now anyone that has been in crypto for some time can afford this amount.Beside that we get those daily free spins which occasionally gives you 5000 RP, 5000 Satoshi or 5000 Lottery tickets.

Is that how it works though?

My impression is that the current interest would get boosted by 10%, meaning that if somebody had 4% interest and that interest amount gets boosted by 10%, meaning they would be getting 4.4% interest.

Maybe I'm wrong, and if somebody is getting 4% now and they get 14% after, then that would be another story, but that seems way too high to be realistic.

If it is option #1, then I wouldn't say that there is a big difference between 4% and 4.4% interest for example.

You are correct. I am getting an interest boost of 2.5% and on the website it is displayed as 4.18% yearly interest and not 6.58%. As a percentage of my total balance it is only a 0.10% increase but as a percentage of the previous rate it is 2.5% higher.

For me the extra interest is not an important factor to consider when investing in FUN because unless you're a big whale who can deposit several BTC it will take more than a lifetime to earn back what you paid for these tokens from just the additional interest alone.

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