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

[UserU]

My guess is why he is so comfortable entrusting his money in freebitcoin because freebitcoin never asks for KYC so whatever amount he will withdraw there will be no KYC obligation to fulfill.

Which begs the question. If FreeBitcoin is a registered entity, aren't they subjected to audits? Since casinos have the risk of handling stolen funds, people could do the same with faucets.

[piebeyb]

I accidentally bet the 32k price for month end but if trend doesnt break and it just crashes through any barrier in the way I might have been even too negative in my estimate.   A high rate of change equates to volatility which means we can do anything short term and its very hard to say.  Also means high odds could pay off vs the more boring mainstream expectations.
   What I would normally expect to see is a spike and fallback,  ideally we spike on the day it pays me most but I guess we fallback before end month tbh.

it's ok guys no one knows about luck even the bitcoin experts won't predict the right price at the end of this month, although $32k is a high price and it will be difficult to get that price, I'm only bet under $30k at the end of the month, but no one knows when the bitcoin price occurs the price pump may be more even though not completely sure, I hope you are lucky

[TheQuin]

I can't withdraw the FUN tokens.
I get an error message like this:
"Your FUN withdrawal has been cancelled due to the following reason - There was an unexpected error while processing your request, which was probably produced by one of our nodes. Please get in contact with us and mention the error id: ETH................... Please correct the error and try to withdraw again."
Does anyone know why this happens?

PM me your user ID and the ETH txid and error.

[Gestik]

I can't withdraw the FUN tokens.
I get an error message like this:
"Your FUN withdrawal has been cancelled due to the following reason - There was an unexpected error while processing your request, which was probably produced by one of our nodes. Please get in contact with us and mention the error id: ETH................... Please correct the error and try to withdraw again."
Does anyone know why this happens?

PM me your user ID and the ETH txid and error.

I created a new account to make sure that the problem is not in my old account.
It has the same problem. I sent FUN on it from myself.
 USER ID51303489 
No transaction is taking place . An email comes with the text:

FreeBitco.in - FUN Withdrawal Cancelled

" Your FUN withdrawal has been cancelled due to the following reason - There was an unexpected error while processing your request, which was probably produced by one of our nodes. Please get in contact with us and mention the error id: ETH13882578545.. Please correct the error and try to withdraw again.

The FUN will be refunded to your account within the next 1 hour and you can try to withdraw again. "

[Gestik]

I can't withdraw the FUN tokens.
I get an error message like this:
"Your FUN withdrawal has been cancelled due to the following reason - There was an unexpected error while processing your request, which was probably produced by one of our nodes. Please get in contact with us and mention the error id: ETH................... Please correct the error and try to withdraw again."
Does anyone know why this happens?

PM me your user ID and the ETH txid and error.

0x12d4017f232ebb4327e8e0082ed4337084bf2e84

This is the address from which FreeBitcoin sends FUN tokens.
There has not been a single transaction from him for 12 days.

[babygun]

I am guessing you never had any problems with them if you are comfortable hodling that much in there.
Out of interest i want to ask that have you done any KYC for them since you had a significant enough balance for 1 btc interest.
Or have you tried to withdraw any significant amounts? I am just determing if they would ask kyc in that situation.

I have never heard of any situation where freebitco.in demanded users to do KYC. My biggest withdrawals were only of around 30 000 satoshis but I am pretty sure must have withdrawn with no issues. If they would have been issues or a request of KYC, I am pretty sure, complaints would have popped up here on this forum.

[piebeyb]

I am guessing you never had any problems with them if you are comfortable hodling that much in there.
Out of interest i want to ask that have you done any KYC for them since you had a significant enough balance for 1 btc interest.
Or have you tried to withdraw any significant amounts? I am just determing if they would ask kyc in that situation.

I have never heard of any situation where freebitco.in demanded users to do KYC. My biggest withdrawals were only of around 30 000 satoshis but I am pretty sure must have withdrawn with no issues. If they would have been issues or a request of KYC, I am pretty sure, complaints would have popped here on this forum.

you're right, there really isn't a feature for KYC as long as I play here, even withdrawing money from freebitcoin is also very easy, so there's no problem withdrawing big money there, I just heard of this, it even seems strange to my ear 

[slaman29]

Just wanted to say now I do feel that 43 sat/RP from WoF makes me feel a bit regretful I'm collecting my spins as I guess by the time I redeem all my spins, I might have lost 10-20% of the potential rewards thanks to a BTC price that is getting stronger every day lol

All I need to do is just not do anything with my balance and let interest pay off more than that

Everyone must be excited about Bitcoin again, for sure I am!!

[Flexystar]

Just wanted to say now I do feel that 43 sat/RP from WoF makes me feel a bit regretful I'm collecting my spins as I guess by the time I redeem all my spins, I might have lost 10-20% of the potential rewards thanks to a BTC price that is getting stronger every day lol

All I need to do is just not do anything with my balance and let interest pay off more than that

Everyone must be excited about Bitcoin again, for sure I am!!

Yeah I feel that because I am also holding more than 400 spins right now. Last time I posted I had some 300 and now my goal expectation have increased a lot. I believe I am in good position to roll but it’s the number that I want to increase and obviously who doesn’t want more rewards for keeping such high patience.

I mean I also deserve 50 sat/rp per roll or may be 5k as well.

What do you guys think you would do in such case? Will you roll of them or just get over with the spins and make up whatever reward you will receive with it?

[babygun]

Just wanted to say now I do feel that 43 sat/RP from WoF makes me feel a bit regretful I'm collecting my spins as I guess by the time I redeem all my spins, I might have lost 10-20% of the potential rewards thanks to a BTC price that is getting stronger every day lol

All I need to do is just not do anything with my balance and let interest pay off more than that

Everyone must be excited about Bitcoin again, for sure I am!!

Yeah I feel that because I am also holding more than 400 spins right now. Last time I posted I had some 300 and now my goal expectation have increased a lot. I believe I am in good position to roll but it’s the number that I want to increase and obviously who doesn’t want more rewards for keeping such high patience.

I mean I also deserve 50 sat/rp per roll or may be 5k as well.

What do you guys think you would do in such case? Will you roll of them or just get over with the spins and make up whatever reward you will receive with it?

Personally, I would wait a bit. We only need to get 1 or 2 times bad news and the bitcoin price can tumble again and you would get a higher base reaward also. On the other hand, the price could just keep rising and rising and the longer you wait, the lower your base reward will be. It is a pity that you can only choose between: spin1 and spin all; would be nice if you could just spin 50 or 100 times.

[uneng]

I am not surprised at his confidence in freebitco though, we all know that this is one of the longest running bitcoin faucet, which also have turned into a casino, and I have no doubt that the platform will continue to run for a very long time from now as well, I just think that 0.97 bitcoin(and still counting up) is an expensive free money.

Freebitco.in tells you exactly how they make their money, and they are still standing 9 years after they launched, through bull and bear market alike. Meanwhile, more "trusted" institutions, like Blockfi, Gemini Earn, Voyager, Celcius, gambled away their users funds and have closed their doors and disappointed those who trusted them.

Well, no doubt freebitco is the only reliable faucet left in the market as rest have all vanished since the bitcoin price have been on a high price point. Secondly, its faucet has been running for years and have never dried up.

However, you could not compare with other intuitions mentioned above, as most of the are lending institutions wo contain a lot of users fund. I don't think at point point freebitco hold that much amount of capital as those firms. However, i really appreciate that they are still there and honestly providing their services.

Actually, freebitco.in is a better alternative than those lending platforms, because it's working since 2013, moreover we know they are profiting from gambling activity, what is well known for being profitable (for the house) on long term. On the other hand, lending platforms are shady and don't let it very clear how they make enough yield to pay users back. As we saw last year, at least some of them run ponzi and pump-dump schemes with users' funds in an attempt to generate income.

In a comparison I think we could say that with freebitco.in you are investing by the house's side, and with lending platforms you are "investing" by the gamblers side, therefore it's much more risky and uncertain on long term.

[Mahdirakib]

In retrospect, it does not seem like the high APY for FUN savings plus premium benefits on top of that was sustainable so like other yield generating crypto investments they needed to make adjustments.

25% fixed APY rate is indeed costly. They are also giving the BTC APY from their own pocket. At first they were using the mining service to pay the BTC interest to their users. But they have discontinued it a long time ago. Now they are giving all the benefits from their own pocket. It is reasonable to adjust those numbers to reduce their costs.

[freebitco.in PR]

Weekly Lottery - Win Up To $7,500 in BTC on Sunday!

Every week, 10 lucky FreeBitco.in users win a share of $7,500 in BTC through the Weekly Lottery.

These are the TEN LUCKY WINNERS from last week (Round 407) that took home the prizes.

[CROTELO]

If you make money, you will live without need.
freebitcoin if it helps.
Joke

[STT]

clap

25% is for the very long term holders, at least in the crypto world many players would have a year as being considered a long time.  I have said a few times you might as well do the 1 year term as it really will take that time frame to develop, BTC can spike but it doesnt really fully run like an avalanche and gain greatly until its built up over a year so not holding is really not for the best if ambitious in that magnitude.

But they failed to gain a foothold above $25k.

This on the 15th was not incorrect and the chart was fine.  I thought it was quite a justified view however, my drawing on the chart was that we had beaten resistance at this time.  My point being, the chart can be drawn a number of ways and its part of why some hate TA or similar conclusions.   Its not that it was wrong but I would recommend trying to draw a conclusion more then once is best for accuracy and refinement of a conclusion.  I consider it a universal rule, we have binocular vision for the depth it provides in multiple view points and so it really is best to consider many time frames if at all possible then compare and contrast to get best accuracy on a scenario; its all very random anyhow just something I've noticed.  The market is with variable views, consensus is usually reached over time and across the globe as BTC is very distributed vs most market prices.

[pawanjain]

I am not surprised at his confidence in freebitco though, we all know that this is one of the longest running bitcoin faucet, which also have turned into a casino, and I have no doubt that the platform will continue to run for a very long time from now as well, I just think that 0.97 bitcoin(and still counting up) is an expensive free money.

Freebitco.in tells you exactly how they make their money, and they are still standing 9 years after they launched, through bull and bear market alike. Meanwhile, more "trusted" institutions, like Blockfi, Gemini Earn, Voyager, Celcius, gambled away their users funds and have closed their doors and disappointed those who trusted them.

Well, no doubt freebitco is the only reliable faucet left in the market as rest have all vanished since the bitcoin price have been on a high price point. Secondly, its faucet has been running for years and have never dried up.

However, you could not compare with other intuitions mentioned above, as most of the are lending institutions wo contain a lot of users fund. I don't think at point point freebitco hold that much amount of capital as those firms. However, i really appreciate that they are still there and honestly providing their services.

Actually, freebitco.in is a better alternative than those lending platforms, because it's working since 2013, moreover we know they are profiting from gambling activity, what is well known for being profitable (for the house) on long term. On the other hand, lending platforms are shady and don't let it very clear how they make enough yield to pay users back. As we saw last year, at least some of them run ponzi and pump-dump schemes with users' funds in an attempt to generate income.

In a comparison I think we could say that with freebitco.in you are investing by the house's side, and with lending platforms you are "investing" by the gamblers side, therefore it's much more risky and uncertain on long term.

No doubt about that. Freebitco.in is currently offering 4.08% interest per annum which is more than any savings bank in my country.
So we can say that in a way, it is still better than banks when it comes to paying interests.
It has been paying interests on daily basis for so many years which is why it has gained so much trust.
I don't think there's any other gambling site which has such a high good will as freebitco.in

[slaman29]

Personally, I would wait a bit. We only need to get 1 or 2 times bad news and the bitcoin price can tumble again and you would get a higher base reaward also. On the other hand, the price could just keep rising and rising and the longer you wait, the lower your base reward will be. It is a pity that you can only choose between: spin1 and spin all; would be nice if you could just spin 50 or 100 times.

In the end, it's all small differences anyway. Even if I exchange 2000 spins (that's my current target) I lose 20000 RP/satoshi which is NOT that much if you come to think of it. I'm hoping instead for the lottery and GT boosts in one go

Nice feature to suggest yes, I never thought about it that way for sure. I don't think it'll change the way I keep my spins though

[beerlover]

In retrospect, it does not seem like the high APY for FUN savings plus premium benefits on top of that was sustainable so like other yield generating crypto investments they needed to make adjustments.

25% fixed APY rate is indeed costly. They are also giving the BTC APY from their own pocket. At first they were using the mining service to pay the BTC interest to their users. But they have discontinued it a long time ago. Now they are giving all the benefits from their own pocket. It is reasonable to adjust those numbers to reduce their costs.

The thing is that they should be doing it as long as it brings in enough money to justify it, if not then they could just lower the number or even discontinue that as well. If the interest rate on btc or fun is the cause of so many people that put their money in here and make the casino some money then that is a good decision and they should do it, offer even more if they will profit more, it all depends if they profit or not. If they do not profit and lose money then it doesn't make any sense at all to keep giving people free money because there is no business sense in it at all.

This is only known by wetsuit and probably thequin, if they see it as a good thing they will keep it as it is, if they see it as a useless thing that doesn't make sense anymore then they will stop doing it whenever they want to.

[swogerino]

In retrospect, it does not seem like the high APY for FUN savings plus premium benefits on top of that was sustainable so like other yield generating crypto investments they needed to make adjustments.

25% fixed APY rate is indeed costly. They are also giving the BTC APY from their own pocket. At first they were using the mining service to pay the BTC interest to their users. But they have discontinued it a long time ago. Now they are giving all the benefits from their own pocket. It is reasonable to adjust those numbers to reduce their costs.

They have not the slightest problem I think being able to give people interest which is 0.0102% daily or something along those lines as long as they have a huge community of gamblers here as there are people who gamble more here in the hi-lo game than in bigger casinos.As long as people gamble in the site,then there is no problem for them to give the interest,and beside gambling they are also mining which is another service that they use to the benefit of the site.

I can agree that 25% APY for FUN tokens is indeed costly as people who lock a huge amount of FUN tokens get a lot of free additional FUN after one year which can immediately sold for Bitcoin in the site.

[babygun]

Personally, I would wait a bit. We only need to get 1 or 2 times bad news and the bitcoin price can tumble again and you would get a higher base reaward also. On the other hand, the price could just keep rising and rising and the longer you wait, the lower your base reward will be. It is a pity that you can only choose between: spin1 and spin all; would be nice if you could just spin 50 or 100 times.

In the end, it's all small differences anyway. Even if I exchange 2000 spins (that's my current target) I lose 20000 RP/satoshi which is NOT that much if you come to think of it. I'm hoping instead for the lottery and GT boosts in one go

Nice feature to suggest yes, I never thought about it that way for sure. I don't think it'll change the way I keep my spins though

Right now 20,000 satoshi is only 5.6$, but maybe in the future it will become 56$ or even more and than it was worth it to wait. Everybody got its own system and that's also cool. Right now, I am waiting a bit to spin my WOF spins; normally I always spin when they become available, as then it all adds up for your interest also.