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[TheUltraElite]

Guess it's the bullrun now that I visit this page and 5 pages have past since I posted lol

BullPages on the thread, yeah baby! Of course one does not need to regular the thread, a short hiatus only brings in more joy when you come back.

Anyway, I saw that rewards dropped below 3 satoshi now for freeroll (still 3 sats as rounded up) yesterday. It looks like we might be seeing this year for the first time 2 satoshi rolls if things continue.

It might even have to shut down for a while if BTC continues it uptrend. It is already facing resistance in the 68k level and possibly more if it crosses the previous all time high. Faucet hunters will crying for some while now.

Everyone happy with Bitcoin right?

My prediction for the round 12 of Jacksclub bitcoin price prediction contest led me to the 1st prize so, yeah I am very happy.

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[STT]

We're far enough into the month that I should decide the monthly price bet at least in outline, I can add  more later with greater confidence.   The nature of this month is already defined well enough to guess the rest, it will be a bit late to wait for the time we do or do not cross this overhead ceiling around the (old) ATH.   My guess of course is the ceiling is candy not especially going to stand up to any amount of pressure.

The question now then is how much pressure is there towards buying and other factors.   I see people wildly bullish in putting any price upto 500k within odds of 16 to 1 which is very optimistic but positive outlook is not wrong exactly but consider the days left its a bit much to be true this soon.   I'm more negative on April then this month, so long as any sell there does not leak through to March then I'm fine with focusing upwards.

I'll put on some small hedge at 50k but I think no lower then that, mostly its deciding do we linger here or move some distance above 68k.  Its really unusual to have the current pricing not stay as the favorite, there's got to be an opportunity there but I expect odds to change as we approach the cut off.

[uneng]

Casino bankroll investment has already returned 20%-50% profit yearly to investors in the past at Crypto-Games.com, so I guess the 4%-5% APY margin offered by freebitco.in is pretty conservative considering this category of investment. For those who don't know, part of the money we deposit in freebitco.in to earn daily interest is used by the platform to fund their gambling bankroll.

- Either your numbers are right or wrong, this is a type of commment that helps the users who try to understand the context and the business in order to aligh their own preferences whatever is their dimension.

Just found the website of the person who used to share his results here many years ago:

Bitcoin Gambling Investments

He began with 5.32883BTC and on the twelfth month of the investment, he had accumulated 7.48098BTC. He started the investment with 5 casinos (1BTC deposited on each), but it seems he has introduced another casinos later. Note that not every casinos were profitable for the investor, although in general it was a great alternative to earn passive income over your Bitcoins.

It's also important to highlight such investments just vanished because casinos stopped accepting them or decided to close the doors, as was the case of Yolodice. However, nobody was scammed on the process, since the end of the investment feature or casino closure were previously announced and every users could cashout their money safely.

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[piebeyb]

I'll put on some small hedge at 50k but I think no lower then that, mostly its deciding do we linger here or move some distance above 68k.  Its really unusual to have the current pricing not stay as the favorite, there's got to be an opportunity there but I expect odds to change as we approach the cut off.

The Bitcoin price prediction seems to be going down before it approaches the halving, I believe that there is a lot of fomo out there about the halving so people are buying it a lot, if you look at the charts it's not really consistent in my opinion, but this is market demand I can't deny it, But Bitcoin has been trending upwards for quite some time so there needs to be a price correction or price reduction ahead of the halving, but I don't guarantee that market demand can be predicted.

I'm still in the $50k bet as well to profit from the Odds there for fear of a price drop as I think, but the price probably won't be much higher ahead of the halving as it's likely those big holders will sell first and buy at the bottom at the same price. even cheaper before they finally raise the price again at the end of this year, actually this cycle usually occurs after the halving, not just before the halving, even close to the halving the price usually tends not to be very significant, still my advice is to bet the day before this bitcoin price prediction at the close, in my opinion it is better to look for the right profit than to bet at this time. bitcoin has reached a new ATH, it is possible that the price may fall in the near future.

[Fivestar4everMVP]

I'll put on some small hedge at 50k but I think no lower then that, mostly its deciding do we linger here or move some distance above 68k.  Its really unusual to have the current pricing not stay as the favorite, there's got to be an opportunity there but I expect odds to change as we approach the cut off.

The Bitcoin price prediction seems to be going down before it approaches the halving, I believe that there is a lot of fomo out there about the halving so people are buying it a lot, if you look at the charts it's not really consistent in my opinion, but this is market demand I can't deny it, But Bitcoin has been trending upwards for quite some time so there needs to be a price correction or price reduction ahead of the halving, but I don't guarantee that market demand can be predicted.

I'm still in the $50k bet as well to profit from the Odds there for fear of a price drop as I think, but the price probably won't be much higher ahead of the halving as it's likely those big holders will sell first and buy at the bottom at the same price. even cheaper before they finally raise the price again at the end of this year, actually this cycle usually occurs after the halving, not just before the halving, even close to the halving the price usually tends not to be very significant, still my advice is to bet the day before this bitcoin price prediction at the close, in my opinion it is better to look for the right profit than to bet at this time. bitcoin has reached a new ATH, it is possible that the price may fall in the near future.

Yeah, bitcoin touched $70,068, which is a new all time high different from the previous one it recorded some days ago, which if I still remember was around $69,700 or something similar.
But again, the price immediately dropped down to around $67,700 before it started to rise again, and right now, it's up around $68,200 at the time of writing this comment.

Just like you have said, it seems that there are really some big holders who will not let the price of bitcoin stay at its newly achieved all time high and possibly go into price discovery, they seem to immediately dump the price down immediately it goes above it's previous all time high, I don't know what exactly those doing this hope to achieve by doing it, as this is exactly what happened the previous time bitcoin first broke its 2021 all time high, but all the same, one thing that is very certain is that, this circle is not like any circle we have witnessed before, at some point, those behind this manipulation will get tired and bitcoin will fly.

The halving is next month being April, maybe we might see bitcoin at $100,000 before the halving, very difficult to happen but not ruling out a damn thing, the unexpected have happened a lot of times in crypto, and concerning your $50k prediction, I don't think we will ever see that price again, except when we enter the bear season.

[pawanjain]

I'll put on some small hedge at 50k but I think no lower then that, mostly its deciding do we linger here or move some distance above 68k.  Its really unusual to have the current pricing not stay as the favorite, there's got to be an opportunity there but I expect odds to change as we approach the cut off.

The Bitcoin price prediction seems to be going down before it approaches the halving, I believe that there is a lot of fomo out there about the halving so people are buying it a lot, if you look at the charts it's not really consistent in my opinion, but this is market demand I can't deny it, But Bitcoin has been trending upwards for quite some time so there needs to be a price correction or price reduction ahead of the halving, but I don't guarantee that market demand can be predicted.

I'm still in the $50k bet as well to profit from the Odds there for fear of a price drop as I think, but the price probably won't be much higher ahead of the halving as it's likely those big holders will sell first and buy at the bottom at the same price. even cheaper before they finally raise the price again at the end of this year, actually this cycle usually occurs after the halving, not just before the halving, even close to the halving the price usually tends not to be very significant, still my advice is to bet the day before this bitcoin price prediction at the close, in my opinion it is better to look for the right profit than to bet at this time. bitcoin has reached a new ATH, it is possible that the price may fall in the near future.

Yes, bitcoin has created a new ATH of $70k ($69990 to be precise) and it's the first time happening that bitcoin has broken it's ATH before the halving.
What happens when we know what is about to happen ? I think, if we know what is about to happen and change something then it alters what is about to happen creating an alternate reality.
Everyone was saying bitcoin price will be skyrocketing after the halving and so people started buying more before the halving.
Thus, there will be no more people buying after the halving and the price falls instead of pumping ( I hope I am wrong and the price keeps increasing after halving as well).

[Saint-loup]

Well, if BTC continues its rally at this pace, we will soon reach a point where the base rewards from Wheel of Fortune will drop to one sat. In this case, it will be unrealistic to collect enough RP to make an exchange for sats, as well as to collect enough sats from the faucet for a minimum withdrawal from the site.

Currently, you can see it is 3 sat and I won't be surprised that it will soon be down to 1 sat, if the bitcoin breaks it all time high and moves even further.

I just got a promotional email where freebitcoin invites all users to promote their referral links where freebitcoin gives a 200% bonus for every referral that is active for 48 hours, whereas it is difficult for me to promote it while the income from this site is getting less and less so that some of my users or referrals are no longer very active in using the site In this case, there should be a few changes to keep people interested in continuing to use this site.

In order to get true benefits from the referrals, you need to have a social presence and many people need to follow you. If you have a good audience, only then people can register under your link and you may take advantage of such offers. If you are not a renowned person in your community, it is no use to participate in referral offers. No one joins the link under a solo person with no influence on the community.

May I ask what will happen precisely if the base reward fall below 1 sat? Freebitcoin will stop the faucet or they will only allow users to claim faucet rewards every 2hours (or more)? Another solution would be to let people claiming decimal of satoshis even if they can't withdraw them at the end, but it would force the platform to update all user's account balances, and AFAIK there are several dozens of millions of them.

[UserU]

What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?

Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.

[piebeyb]

What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?

Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.

If the price of bitcoin continues to increase maybe it will become 1 satoshi, currently my hourly income from free spins is only 6 satoshi and even then I always activate the 500% bonus by exchanging my RP so I can get 21 satoshi every hour, but still it won't help at all when the price of bitcoin increases and I can't guess what they will do when the free spins become 1 satoshi, it's possible that what you say is also true where each user is limited to claiming it every day.

But it's best to wait for the latest news from this site so that it becomes clearer what all the users will get next, I think maybe that's why the referral bonus promotion has been increased so that all users want to invite and promote this site to other people, but it seems very difficult to get referrals now, let alone get spins. a little freebies might not make them enthusiastic about doing it every hour, but whatever it is there should be a change in the minimum withdrawal amount so that it is lowered at least users can withdraw their money more easily because it is very big if the minimum withdrawal is 30k satoshi and also exchange RP to BTC I think reduced by a minimum of 10k RP so that you can exchange it easily because income is decreasing, there should be other reductions as well, not only free spins and WOF prizes.

[Fivestar4everMVP]

What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?

Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.

Yeah, I also buy into what you have said.
First, let me say that what Saint-loup asked is indeed an interesting question, and it's one I personally have thought about some time ago, but didn't bother asking here, what I do think is that they have two options..
When ever they feel the price of bitcoin have become too expensive that they can no longer pay 1 Satoshi minimum on hourly basis, since 1 Satoshi is the smallest and last unit of bitcoin, they will either have to stop the faucet, or reduce the claiming time, they can or may reduce the claiming time from the current hourly basis to maybe one time every two hours or more.

This is what avive did (those who participated in avive airdrop will understand what I am talking about.
Avive used to give users about 86 satoshi per day, that is, one could claim 86 satoshi once everyday, but as time progressed, it become once every three days, from this, it became once per week, and right now, I think they have turned it to one time every 3 weeks or a month.

Freebitco could borrow an idea from that to know what to do when the price of bitcoin becomes more and more expensive and they can no longer pay 1 satoshi every hours to their faucet participants.

[Mahdirakib]

What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?

Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.

Maybe increasing the faucet reset timer to 2 hours from 1 hour will be the perfect solution in that case. But TheQuin had described about a different solution. They may add 2 extra decimal to the Bitcoin amount on their website to give $0.002 base reward on each hourly faucet claim. However, Freebitco team have to change their slogan 'win up to $200 every hour' to a different one if they follow the alternative method which you guys have said above.

[Fivestar4everMVP]

What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?

Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.

Maybe increasing the faucet reset timer to 2 hours from 1 hour will be the perfect solution in that case. But TheQuin had described about a different solution. They may add 2 extra decimal to the Bitcoin amount on their website to give $0.002 base reward on each hourly faucet claim. However, Freebitco team have to change their slogan 'win up to $200 every hour' to a different one if they follow the alternative method which you guys have said above.

To be honest with you, I do not think adding 2 extra decimal to the price of bitcoin on their account will make sense, though I am still trying to understand perfectly what exactly you mean by this, but then, it doesn't make sense.

If you check, freebitco never displays bitcoin in their dollar value, they have always displayed the amount of bitcoin a user can win in bitcoin itself, not just in the faucets, but also in the lottery and others.
This is something I personally think they should maintain, turning around now to start displaying potential win amounts in the dollar value of bitcoin will not only create confusion, but will also create a lot of work for them since they will have to find a way to keep the site updated of bitcoin prices in real time, and since bitcoin is a very volatile asset, this could significantly slow down the speed of the site.

The best alternative so far, is to keep the reward as it is, and increase the timing, like to every 1 hour, 30 minutes, or every 2 hours.

[Betwrong]

~ and I'd be upset for being so close but not hitting it, but I can't, looking at current BTC price.

Yes ofcourse, we are all happy as BTC has surged crossing $60k after so long. We can only wait to see what's the next ATH is gonna be.
Talking about luck, I just spinned my WoF spins now that we don't know when BTC will fall down and so trying to accumulate rewards at current base price of 17.

I got some nice rewards with 1 high reward of 1700 satoshis and 2 medium rewards of 170 satoshis and 170 lottery tickets.
The rest were all ofcourse the base rewards but a nice stash though.

Yeah, those are great rewards. Congrats! Who knows how much it will be in USD ten years later.

I'd got a pretty nice prize too from the WoF recently:



But unfortunately didn't win anything with that. But I'm not losing my hope. I think I will win something in this Lottery one day.

[decodx]

What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?

Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.

Maybe increasing the faucet reset timer to 2 hours from 1 hour will be the perfect solution in that case. But TheQuin had described about a different solution. They may add 2 extra decimal to the Bitcoin amount on their website to give $0.002 base reward on each hourly faucet claim. However, Freebitco team have to change their slogan 'win up to $200 every hour' to a different one if they follow the alternative method which you guys have said above.

To be honest with you, I do not think adding 2 extra decimal to the price of bitcoin on their account will make sense, though I am still trying to understand perfectly what exactly you mean by this, but then, it doesn't make sense.

I think he meant the two extra decimal places in the display of the BTC amount (think of it as millisatoshis), not the dollar price of the bitcoin. Instead of claiming 1 sat, one gets, for example, 0.5 satoshis every hour, or 0.0000000050 BTC. So, the dollar amount of $0.002 for the base reward remains unchanged.

The best alternative so far, is to keep the reward as it is, and increase the timing, like to every 1 hour, 30 minutes, or every 2 hours.

Instead of claiming every two hours, users would have to claim half a satoshi every hour, but the final effect will be the same.

[SATWAT]

What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?

Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.

Maybe increasing the faucet reset timer to 2 hours from 1 hour will be the perfect solution in that case. But TheQuin had described about a different solution. They may add 2 extra decimal to the Bitcoin amount on their website to give $0.002 base reward on each hourly faucet claim. However, Freebitco team have to change their slogan 'win up to $200 every hour' to a different one if they follow the alternative method which you guys have said above.

To be honest with you, I do not think adding 2 extra decimal to the price of bitcoin on their account will make sense, though I am still trying to understand perfectly what exactly you mean by this, but then, it doesn't make sense.

I think he meant the two extra decimal places in the display of the BTC amount (think of it as millisatoshis), not the dollar price of the bitcoin. Instead of claiming 1 sat, one gets, for example, 0.5 satoshis every hour, or 0.0000000050 BTC. So, the dollar amount of $0.002 for the base reward remains unchanged.

The best alternative so far, is to keep the reward as it is, and increase the timing, like to every 1 hour, 30 minutes, or every 2 hours.

Instead of claiming every two hours, users would have to claim half a satoshi every hour, but the final effect will be the same.

Here I agreed about this because I check few other sites and faucets which are working and having same system they are now giving less than one Satoshi which is same if we are going to have every claim after 2 hours which is not idea because with these things can take negative impact but adding more decimal places which are now part of many sites because with this we will have same clicks and prize will be added as it's going right now but doing anything like after 2 or 3 hours are surely going to hurt.
Still we have to wait for the official statement because at the end we will have thing which is going to help admin he will bring this for the faucet.

[TheUltraElite]

Less than one satoshi? I would rather hope that they hold back the free rolls for the time being or increase the time interval between rolls - like once every 6hours or so and then adjust the payout rates to compensate for that.

That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.

Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.

[hd49728]

That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.

Very feel thanks to Freebitco.in when they run their faucet many years but if they halt it, the community will cry out. It's funny but I agree with you about this fact.

I know the site run its faucet for years but by replying your post, I decided to dig about their faucet history. It was launched in 2013 and according to that article, Freebitco.in started as a faucet before they launched new products and became a Bitcoin gambling site.

Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.

Sure, it will make a new all time high, the party is only kicked off.

[piebeyb]

That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.

Very feel thanks to Freebitco.in when they run their faucet many years but if they halt it, the community will cry out. It's funny but I agree with you about this fact.

I know the site run its faucet for years but by replying your post, I decided to dig about their faucet history. It was launched in 2013 and according to that article, Freebitco.in started as a faucet before they launched new products and became a Bitcoin gambling site.

Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.

Sure, it will make a new all time high, the party is only kicked off.

I think freebitcoin has been thinking about this for a long time because at some time bitcoin will be worth very high and expensive which of course will make the income on freebitcoin less, I don't know what will be planned afterwards when the price of bitcoin hits $100k later where of course the free spin income will be more a little more than we imagine, for example 1 satoshi, but I'm not sure they will stop the free spins, let alone stop operating the site because there are quite a lot of users who are actively looking for money on this site.

I'm sure they will provide the best solution for all their users so just wait for other latest news from them, we don't need to speculate anything about this site will stop the tap or anything, I'm sure they have thought about this before, so let's wait for what they will plan that after the price of bitcoin gets higher, whether this year or next year, at least their users will still get free money from this site because there may still be users who still depend on getting their bitcoins on this site which has been operating for quite a long time too, Btw you are right that the rise in bitcoin prices is not over yet because it is still at the beginning.

[jaremko86]

https://imgur.com/8eqDKmy