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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 555693 times)
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January 23, 2024, 08:23:59 PM
 #27681

~snip~ after making a nice rise I think it's time for a downtrend. Some people made bets on lower ranges, pretty nice odds, I must say I was tempted to place some bets on them as well, but it would be too much. Good luck all! Smiley
I'm expecting the price to rise again on the last week of this month. Most probably Bitcoin price will stay above $40k range. The outcome odds are also nice for the higher price ranges. I had placed some early bets, which are above $50k ranges. I was positive about the Bitcoin price movement when I placed my bets. But now it looks like there is no chance for me to win my bets.

R


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January 23, 2024, 09:21:04 PM
 #27682

~snip~ after making a nice rise I think it's time for a downtrend. Some people made bets on lower ranges, pretty nice odds, I must say I was tempted to place some bets on them as well, but it would be too much. Good luck all! Smiley
I'm expecting the price to rise again on the last week of this month. Most probably Bitcoin price will stay above $40k range. The outcome odds are also nice for the higher price ranges. I had placed some early bets, which are above $50k ranges. I was positive about the Bitcoin price movement when I placed my bets. But now it looks like there is no chance for me to win my bets.
Situation is very confusing as I was not expecting drop like this but now as we have this too early now most chances we will have another good run which will bring back this bitcoin back at the rate of $40k to $45k in coming days because most chances we will end with this rate with as few analysis and other predictions are coming this can touch above $50k as well but currently again having $40k is more important if we want to have some better in the future.
There were too many bets which place just for the price high and now this drop breaking hearts but still this is good, and we can have more improvement and strong foundation in coming months for having big breakthrough which could be amazing for the bitcoin holders.

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January 24, 2024, 03:14:13 AM
 #27683

~snip~ after making a nice rise I think it's time for a downtrend. Some people made bets on lower ranges, pretty nice odds, I must say I was tempted to place some bets on them as well, but it would be too much. Good luck all! Smiley
I'm expecting the price to rise again on the last week of this month. Most probably Bitcoin price will stay above $40k range. The outcome odds are also nice for the higher price ranges. I had placed some early bets, which are above $50k ranges. I was positive about the Bitcoin price movement when I placed my bets. But now it looks like there is no chance for me to win my bets.

Personally, I see them either stabilizing around $40k range or dropping further below it. The price has been risen a lot because of the bitcoin ETF, and when we finally got approval, the price initially shot up but I guess people are starting to take profit. The mainstream media had also more attention again for crypto and most of the times when that happens, the prize starts to drop lol.



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January 24, 2024, 03:35:09 AM
 #27684

~snip~ after making a nice rise I think it's time for a downtrend. Some people made bets on lower ranges, pretty nice odds, I must say I was tempted to place some bets on them as well, but it would be too much. Good luck all! Smiley
I'm expecting the price to rise again on the last week of this month. Most probably Bitcoin price will stay above $40k range. The outcome odds are also nice for the higher price ranges. I had placed some early bets, which are above $50k ranges. I was positive about the Bitcoin price movement when I placed my bets. But now it looks like there is no chance for me to win my bets.
I checked the price range of $45,001-$50,000 where I bet and this is my only choice at the moment the odds are around @ 9.69 and maybe it will change in the final calculations, and it looks like the price range I chose will not happen at the end of this month even though there are still a few days left, but looking at the trend seems stuck, it seems the highest price at the end of the month will only reach $42,500 but lower than now is very possible.
The Bitcoin ETF really influences the price of Bitcoin so that it increases, but as usual it is only temporary, so I am ready to see that this bet will lose because I didn't choose another price range.

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January 24, 2024, 06:10:14 AM
Merited by TheUltraElite (1)
 #27685

I don’t think they will close anytime soon, but you never know offcourse. If you have invested in the premium membership by buying some FUN tokens, than I think your ROI is about 1-2 years. Been a while since I last did some calculations, but if you take everything into account, your ROI is pretty fast.
1-2 years? The interest rate on their investment without premium is 4.08% and with premium is 5.1-ish that means a minimum of 25years or 20years respectively to turn 1BTC to 2BTC. Where are you getting 1-2years from?

Of course I want them to run for longer than that. We should dwell on the negative and keep our vision on the positives. Since the site has a solid business model of brining in money and paying out money, they should sustain long enough for all of us to ROI and profit beyond that.

You are each referring to different investments. Investing in the premium membership by buying tokens, reaching 100% ROI should be much quicker in theory. For me it's been nearly three years and I'm still not breaking even due to FUN token's loss in value.

Investing BTC to earn daily interest, you are already breaking even on day1 because your 1 BTC investment is still worth 1 BTC. To reach 100% ROI, and doubling your BTC it should be sooner than 25 years even if you aren't a premium member, never make any deposits and never earn any sats from other sources like the faucet and WOF. This is because your interest is compounded daily and over time you earn more each day. According to an online compound interest calculator, it should be about 17 years with a 4.08% annual rate and 14 years with a 5.1% rate.

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January 24, 2024, 06:10:59 AM
 #27686

~snip~ after making a nice rise I think it's time for a downtrend. Some people made bets on lower ranges, pretty nice odds, I must say I was tempted to place some bets on them as well, but it would be too much. Good luck all! Smiley
I'm expecting the price to rise again on the last week of this month. Most probably Bitcoin price will stay above $40k range. The outcome odds are also nice for the higher price ranges. I had placed some early bets, which are above $50k ranges. I was positive about the Bitcoin price movement when I placed my bets. But now it looks like there is no chance for me to win my bets.
I checked the price range of $45,001-$50,000 where I bet and this is my only choice at the moment the odds are around @ 9.69 and maybe it will change in the final calculations, and it looks like the price range I chose will not happen at the end of this month even though there are still a few days left, but looking at the trend seems stuck, it seems the highest price at the end of the month will only reach $42,500 but lower than now is very possible.
The Bitcoin ETF really influences the price of Bitcoin so that it increases, but as usual it is only temporary, so I am ready to see that this bet will lose because I didn't choose another price range.
Today is 24th and only about 6 to 7 days left before this month finally comes to an end, and personally, I would say that expecting the price of bitcoin to top or even reach $42,500 before or during the month ending seems unrealistic, and this is because since after the ETF approval, the price volatility of bitcoin have significantly reduced, in the sense that, the price is either stable or going down most of the time.

So again, the price of bitcoin will definitely reach $42,500 and even beyond, but this is likely to happen as from next month as we draw closer to the halving which is coming up in the Month of april if I am not mistaken.

But this is not me saying impossible though, for anything is always possible as long as its crypto we are talking about.

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January 24, 2024, 07:43:34 AM
 #27687

So again, the price of bitcoin will definitely reach $42,500 and even beyond, but this is likely to happen as from next month as we draw closer to the halving which is coming up in the Month of april if I am not mistaken.

But this is not me saying impossible though, for anything is always possible as long as its crypto we are talking about.
The daily charts are supposed to be above $40k for the next 7 days, but that could fail if in the next 1 or 3 days the price is still below $40k, then it will continue to be below it, even down even further, maybe around $34k - $35k, but If the Bitcoin price manages to maintain the price above $40k again, it is possible that the daily charts will give a signal for upward support in the next few days, exactly 7 days from now.

It's difficult to follow price predictions for this month because there is too much news about ETFs and others out there which is too exaggerated making the price of bitcoin seem less consistent, but I believe that if the price of bitcoin remains above $40k now they will start to rise again above $40k perhaps around $42k or $43k for the end of this month around January 31st where the bitcoin prediction results will come out and determine who will win the bet. I bet above $40k, the current price has touched $40k again when I posted this, I hope it continues to hold for the next few days.

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January 24, 2024, 08:42:54 AM
 #27688

So again, the price of bitcoin will definitely reach $42,500 and even beyond, but this is likely to happen as from next month as we draw closer to the halving which is coming up in the Month of april if I am not mistaken.

But this is not me saying impossible though, for anything is always possible as long as its crypto we are talking about.
The daily charts are supposed to be above $40k for the next 7 days, but that could fail if in the next 1 or 3 days the price is still below $40k, then it will continue to be below it, even down even further, maybe around $34k - $35k, but If the Bitcoin price manages to maintain the price above $40k again, it is possible that the daily charts will give a signal for upward support in the next few days, exactly 7 days from now.

It's difficult to follow price predictions for this month because there is too much news about ETFs and others out there which is too exaggerated making the price of bitcoin seem less consistent, but I believe that if the price of bitcoin remains above $40k now they will start to rise again above $40k perhaps around $42k or $43k for the end of this month around January 31st where the bitcoin prediction results will come out and determine who will win the bet. I bet above $40k, the current price has touched $40k again when I posted this, I hope it continues to hold for the next few days.
Well, a good analysis from you there i must say, and yes, I was actually watching the market and did saw that the price of bitcoin rose and did reach $40k again, and even went above that a bit, but it has as well dropped a bit and right now trading at around $39,850 dollars, and I understand that if bitcoin will maintain a high trading volume which should bring about high volatility, then this increases the chances that we may see bitcoin reaching and staying above $40k before and by this month ending.
But personally, I am still going to want to assume or believe that it's until next month before we start seeing bitcoin making any significant up moves, and this is if the sentiment of the market remains positive in the sense that, there is no outbreak of any bad news that is capable of dragging the market down.

I am actually going to bet on bitcoin trading above $40k by the ending of this month, but I am not going to count on it anyways, it's a bet I am going to believe is as good as lost, but if luckily it wins, then lucky me and everyone else who bet exactly the same.

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January 24, 2024, 09:57:26 AM
 #27689

Today is 24th and only about 6 to 7 days left before this month finally comes to an end, and personally, I would say that expecting the price of bitcoin to top or even reach $42,500 before or during the month ending seems unrealistic, and this is because since after the ETF approval, the price volatility of bitcoin have significantly reduced, in the sense that, the price is either stable or going down most of the time.
It's crazy how big the hype was about Bitcoin ETF approval. And it's even crazier how things finally went down. People were pumping Bitcoin with the hope of ETF approval, then it got completely approved by SEC and price is going down, that's crazy.

I am actually going to bet on bitcoin trading above $40k by the ending of this month, but I am not going to count on it anyways, it's a bet I am going to believe is as good as lost, but if luckily it wins, then lucky me and everyone else who bet exactly the same.
Did you manage to bet? I just visited freebitco.in and it looks like that bets are no more accepted, i.e. the event ended.
It looks like, majority of freebitco users (44%) think that price will be between 40-45K, while another part (34%) thinks it will be between 37.5-40K. It's a very interesting clash, especially right now when I see the price of Bitcoin being 39,984 USD.

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January 24, 2024, 10:15:20 AM
 #27690

But personally, I am still going to want to assume or believe that it's until next month before we start seeing bitcoin making any significant up moves, and this is if the sentiment of the market remains positive in the sense that, there is no outbreak of any bad news that is capable of dragging the market down.
It is a first Bitcoin market cycle which has Bitcoin Spot ETFs and we can not rely on history in this cycle. We can take Gold Spot ETFs in the USA in 2004 and assume Bitcoin will react similarly.

Gold price did not rise immediately after Gold Spot ETF approvals in the USA. It moved side way in 10 months before taking off and I see Bitcoin and gold are different with different cycle length. Maybe Bitcoin will have shorter side way period than gold, so assume it will side way like 4 to 5 months, it still makes sense.

Combine it with a historic rhythm that Bitcoin has never made its new all time high before its halving, but usually about 6 months after that, I expect we will have some boring months ahead.

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January 24, 2024, 10:47:14 AM
 #27691

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January 24, 2024, 11:38:36 AM
 #27692

It's crazy how big the hype was about Bitcoin ETF approval. And it's even crazier how things finally went down. People were pumping Bitcoin with the hope of ETF approval, then it got completely approved by SEC and price is going down, that's crazy.

It's worth noting that the BTC price had been rising for a few months before spot BTC-ETFs were approved by the SEC. To be more precise, the BTC price started to rise as early as mid-September. So, I think it's normal that a slight correction in the market has now occurred.

Did you manage to bet? I just visited freebitco.in and it looks like that bets are no more accepted, i.e. the event ended.
It looks like, majority of freebitco users (44%) think that price will be between 40-45K, while another part (34%) thinks it will be between 37.5-40K. It's a very interesting clash, especially right now when I see the price of Bitcoin being 39,984 USD.

Yep, for those users who have already placed their bets, it will be quite a challenge to predict the correct range this month.

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January 24, 2024, 05:36:37 PM
 #27693

It's crazy how big the hype was about Bitcoin ETF approval. And it's even crazier how things finally went down. People were pumping Bitcoin with the hope of ETF approval, then it got completely approved by SEC and price is going down, that's crazy.
It should be expected, because always Bitcoin price rises a lot in a short time period, it suffers heavy correction.  ETF approval impacted Bitcoin positively immediately, but some big players already had orders placed to liquidate once the price reached around 47,000$ resistance level, so it dropped to 39,000$ price range, although BTC is recovering to 40,000$ once again at this moment. I believe that if ETF wasn't approved, Bitcoin wouldn't have had the chance to reach close to 46,000$ until now. Probably prices would have already crashed below the 38,000$ line with so much pessimism among investors due to a disapproval.

Now if Bitcoin is really strong, it will secure its position around 40,000$ at least, and move forward from now on. A deeper correction would be hard to explain, though, especially so close to halving event, which is supposed to drive prices upside.

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January 24, 2024, 05:39:43 PM
 #27694

There are costs associated with trying to prevent cheaters from abusing your casino. Confiscating their balance isn't done out of self interest, it is a deterrent to prevent further abuse and also necessary to cover the costs imposed by dishonest users.
I agree with you because there is a lot of abuse that may not be detected by the system which of course creates losses for the site as well and I think that by confiscating the funds of users who cheat and commit abuse it can be used to cover the losses that have been experienced by the site so this is not done for the purpose of personal interests, this will be a lesson for other users to be honest and not violate the terms and conditions on this site.

Freebitcoin has so far paid out a lot of people from their free spins faucet even lottery prizes and so on so why abuse it just to make a profit by creating accounts of more than 1 IP, I also don't know if this is a mistake or not sometimes someone has Another view is also that this error does not actually have to confiscate the user's funds from their deposit amount and only confiscates the funds that they have earned from this site. but the decision remains on this site, everyone must comply with the rules that have been set. Everyone has their own views but the decision has been made.
I do believe that they have the right to do that as well. Abusers deserve to get their money taken away, and it's like a fund if I understand correctly from what you said. I mean it's a smart idea to have a fund like that, where you end up with all the money that you confiscate from those people and you end up with a return that would be a lot smarter and could be quite well. I know that it is not going to be a big deal, and I know that it is going to be something that matters in the end, I just hope that we could do something that would be a bit different in the end.

I just wish that people would be considering this as something as a bit more difficult in the end because what freebitco.in has achieved is not an easy thing to handle, it is a big success to stop or at least slow down abuse.
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January 24, 2024, 06:10:13 PM
 #27695

Buy the rumor sell the news is a normal dynamic so this action is not off the chart abnormal especially, just one of those things the bull likes to kick you off if it can.  Nature of the game, you dont get to play without bumps along the way really.
  The Gold ETF in comparison again I would not rate the ETF as the main bullish trend to that asset.  I'd just point out one giant thing, like inter stellar big really which is at century start China had no gold in its national reserves.  One of the largest most powerful nations with massive dollar reserves but no gold, so for 24 years now they have been a buyer.   Also they wont tell you outright exactly the figures but they became the largest producer in the world also.  Thats a ton of demand in the market and if gold went up the people who buy and dont let go are the biggest reasons.  
  ETF in BTC will count, but over time and the hold is not a given the ETF has to sell BTC also etc.  Its all alot of rebalance.   My guess today was 5 seconds of thought I might have jumped the gun but I used up 4 figures of wheel spins I shouldn't really be keeping back in a bullish medium term market, guessing where we go down to; anyhow 41k to beat for BTC to really prove something I just used up the spins anyhow.

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January 24, 2024, 08:40:36 PM
 #27696

Today is 24th and only about 6 to 7 days left before this month finally comes to an end, and personally, I would say that expecting the price of bitcoin to top or even reach $42,500 before or during the month ending seems unrealistic, and this is because since after the ETF approval, the price volatility of bitcoin have significantly reduced, in the sense that, the price is either stable or going down most of the time.

So what range are you expecting it to hit by the end of the month? Im personally leaning towards $39k or below because according to my own memorie, btc was dumped most of the years during the period when its getting close to the lunar new year. It on next month I believe so yeah price has been gradually decreasing and even now it still lingers on $39.5k - $40.5k during today

Anyone that bet on around $39k has the advantage right now

So again, the price of bitcoin will definitely reach $42,500 and even beyond, but this is likely to happen as from next month as we draw closer to the halving which is coming up in the Month of april if I am not mistaken

probably not, the effect of halving most likely seen like atleast 6 months after halving

 
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January 24, 2024, 10:25:10 PM
 #27697

ETF in BTC will count, but over time and the hold is not a given the ETF has to sell BTC also etc.  Its all alot of rebalance.
ETF effects would be big and must be counted and recent days, there are only bitcoin exchanges between Bitcoin Spot ETFs. Investors from Grayscale want to exit, other investors from other Spot ETFs absorbed it well.

If you want something simple, you can use Mayer Multiple Bands.
https://charts.bitbo.io/mayer-bands/

It says price possibly touches the red and dark red bands with prices about $83,000 to $150,000. I am realistic and not too be very optimistic, bullish, so I choose price around $100,000 to $120,000 for this 2024 bull run.

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January 24, 2024, 10:37:42 PM
 #27698

So again, the price of bitcoin will definitely reach $42,500 and even beyond, but this is likely to happen as from next month as we draw closer to the halving which is coming up in the Month of april if I am not mistaken.

But this is not me saying impossible though, for anything is always possible as long as its crypto we are talking about.
The daily charts are supposed to be above $40k for the next 7 days, but that could fail if in the next 1 or 3 days the price is still below $40k, then it will continue to be below it, even down even further, maybe around $34k - $35k, but If the Bitcoin price manages to maintain the price above $40k again, it is possible that the daily charts will give a signal for upward support in the next few days, exactly 7 days from now.

It's difficult to follow price predictions for this month because there is too much news about ETFs and others out there which is too exaggerated making the price of bitcoin seem less consistent, but I believe that if the price of bitcoin remains above $40k now they will start to rise again above $40k perhaps around $42k or $43k for the end of this month around January 31st where the bitcoin prediction results will come out and determine who will win the bet. I bet above $40k, the current price has touched $40k again when I posted this, I hope it continues to hold for the next few days.
Well, a good analysis from you there i must say, and yes, I was actually watching the market and did saw that the price of bitcoin rose and did reach $40k again, and even went above that a bit, but it has as well dropped a bit and right now trading at around $39,850 dollars, and I understand that if bitcoin will maintain a high trading volume which should bring about high volatility, then this increases the chances that we may see bitcoin reaching and staying above $40k before and by this month ending.
But personally, I am still going to want to assume or believe that it's until next month before we start seeing bitcoin making any significant up moves, and this is if the sentiment of the market remains positive in the sense that, there is no outbreak of any bad news that is capable of dragging the market down.

I am actually going to bet on bitcoin trading above $40k by the ending of this month, but I am not going to count on it anyways, it's a bet I am going to believe is as good as lost, but if luckily it wins, then lucky me and everyone else who bet exactly the same.
This period, bitcoin comes with alot of volities and for that, we have to be very careful while making predictions on the price of bitcoin, this is because alot of times, bitcoin have gone in a different direction compared to whatany market speculators predicted, but then also also we have some price benchmark marks that we are sure bitcoin is going to surpassed in the long run, and for sure 40k is one of those prices that one can bet bitcoin to reach at any points in time so for me I will freely get on that price for bitcoin in this season and time and I am sure with in the next 24 hours bitcoin is going to reach that 40k price benchmark.

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January 24, 2024, 10:47:16 PM
 #27699

ETF in BTC will count, but over time and the hold is not a given the ETF has to sell BTC also etc.  Its all alot of rebalance.
ETF effects would be big and must be counted and recent days, there are only bitcoin exchanges between Bitcoin Spot ETFs. Investors from Grayscale want to exit, other investors from other Spot ETFs absorbed it well.

If you want something simple, you can use Mayer Multiple Bands.
https://charts.bitbo.io/mayer-bands/

It says price possibly touches the red and dark red bands with prices about $83,000 to $150,000. I am realistic and not too be very optimistic, bullish, so I choose price around $100,000 to $120,000 for this 2024 bull run.

Lol I don't believe in technical analysis as anyone can draw some lines and make a prediction. I have not seen anyone yet who can make accurate predictions for crypto all the time. We gonna need to see what happens, right now we are in a downwards trend but in crypto everything is possible.



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January 25, 2024, 05:31:05 AM
 #27700

ETF in BTC will count, but over time and the hold is not a given the ETF has to sell BTC also etc.  Its all alot of rebalance.
ETF effects would be big and must be counted and recent days, there are only bitcoin exchanges between Bitcoin Spot ETFs. Investors from Grayscale want to exit, other investors from other Spot ETFs absorbed it well.

If you want something simple, you can use Mayer Multiple Bands.
https://charts.bitbo.io/mayer-bands/

It says price possibly touches the red and dark red bands with prices about $83,000 to $150,000. I am realistic and not too be very optimistic, bullish, so I choose price around $100,000 to $120,000 for this 2024 bull run.

Lol I don't believe in technical analysis as anyone can draw some lines and make a prediction. I have not seen anyone yet who can make accurate predictions for crypto all the time. We gonna need to see what happens, right now we are in a downwards trend but in crypto everything is possible.

One thing that we know is that the big money entered the Bitcoin scene and we know that institutional capital are used to manipulate markets.

We can already see the artificial movement of the hype cycle in motion and how other fiat investment tools are being used to manipulate the Bitcoin ETFs.

Yes, Bitcoin ETFs bring new exposure to Bitcoin on a grand scale, but this is mostly happening off-chain.

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