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

[Coiningking]

Ok, so I have posted a few few times times but have yet to successfully get the help I need. Some due to my post being in the wrong area. Also some extremely rude person decided to report a trust thing on my account so don't mind that.

So, I have been attempting to regain access to my account for a few years now with no luck. I tried resetting my 2fa account many times, however it says I am unable to unless I can go to old location I use to login from but that is 1000 miles away from where I have moved too. I use to get my emails showing my account interest accumulation but no longer do. I think somehow the account has been emptied.

Now even when I try to change the password, it tells me the link I try to click is expired or no longer valid even if I access it right away.

Back when I was using the account I was unaware about the whole signing and authenticating messages, transactions, etc as well as using coinbase and samurai wallet for my deposits so cannot sign the transactions. However I do have access to the coinbase account with the transactions still. What do I do?

[Coiningking]

go to old location I use to login from but that is 1000 miles away from where I have moved too.

- You can use a VPN to login from an IP of that area.

I tried that unfortunately it hasn't worked. I think it's expecting me to login from the wifi at the old house

[FinneysTrueVision]

The table only confirms what I said, we are talking about mathematical probabilities, not abstract things, most of the spins were always 50 sats/points/tickets, with a FUN price of 50, today the spins are 17/18 sats/points/tickets with a FUN price of 4, so the site should pay up to 4 times more than what it was paying, and it is no longer sustainable, especially that for now the investments on FUN are blocked.

Even if most of the rewards are the base amount, the 5000 amount rewards still made up a proportionately greater share of your total rewards based on the original odds. Below is the chart of what the rewards were when they debuted the premium membership. It shows the second tier and third tier rewards had 10x and 13x greater chances of being rolled compared to the current chart.



Because they charge a premium for every token sold, the current cost is 7 sats and to become a level 1 premium member it would cost 17,500 sats. When the token was 50 sats and they charged 51 sats on FBC, it cost 127,500 sats. The cost was 7x higher back then but the rewards were expected to be 11x higher. As high as the price was back then, we could recoup our investment faster.

The ratio of rewards received to investment amount is not higher today than it was at the beginning, but it might be higher than at some other point after they adjusted the odds, presumably to keep the program sustainable. Other factors such as declining popularity of the website might also be contributing to its current unsustainability.

[hosseinimr93]

The table only confirms what I said, we are talking about mathematical probabilities, not abstract things, most of the spins were always 50 sats/points/tickets, with a FUN price of 50, today the spins are 17/18 sats/points/tickets with a FUN price of 4, so the site should pay up to 4 times more than what it was paying, and it is no longer sustainable, especially that for now the investments on FUN are blocked.

They decreased the rewards value (in sat/RP) due to the increase in fiat value of bitcoin and they don't consider the FUN price for that at all.
The cost to buy premimum membership has decreased while the rewards value (in fiat) hasn't changed and that may be why they don't want to credit the WOF spins anymore.

[Kentalish]

https://freedoge.co.in/ exists, but no longer operating as a faucet. Apparently you can still redeem any balance.

https://talkimg.com/images/2024/09/11/BvPKG.jpeg

For a second I thought you were talking about dogefree.in

[dwyane36]

The ratio of rewards received to investment amount is not higher today than it was at the beginning, but it might be higher than at some other point after they adjusted the odds, presumably to keep the program sustainable. Other factors such as declining popularity of the website might also be contributing to its current unsustainability.

That initial odds were a great gesture of generosity from the Freebitcoin team. I don't know if they did it consciously or just miscalculated, but it's obvious that period was extremely profitable for users.
And as for declining popularity, if you look at the traffic stats, freebitcoin had more than 28 mln visits in the last month. That's quite a lot, considering the site has been having some problems lately.

[Saint-loup]

I think you should be a little be more patient. We are currently in the plain middle of the summer, when most people are on vacations. So you shouldn't expect the issue being solved within few days if they've said in their last update that "we do not yet have a time frame for a resolution". IMO we'll need to wait several more weeks, certainly till the beginning of september.

Maybe, but what makes me suspicions is the fact that the number of Premium Membership Level Days is frozen since few weeks. This is a clear sign to me that this premium feature is going to die in one or another way, or for what reason should this happen?
And what about the customers discussing here how long a deposit should take to be credited? I can not understand why someone would like to deposit something at FBC under this circumstances.

I don't know to be honest, but if they think the premium membership program costs too much money for them why they don't just lower the prizes of the WOF or lower the probabilities of the rewards like they've already done before? They could also change the price of each premium membership level or the duration between steps. They could also lower the APYs of the locked investment plans. They could do many things instead of suspending or halting the premium membership program actually.
Redarding deposits when I made a deposit 3 week ago it has been very quickly and smoothly credited to my balance.

[A1l1vin1211]

The site has been responding differently recently, premier membership days not counting anymore, wof spins not being allocated etc etc. All to do with the premier membership (which I am a part of).
Something else I noticed a week or so ago, was the percentage counter towards the next level of hourly bonus wasn't increasing as usual when playing the hi lo game. But this has been rectified and is adding up as expected again.
There is definitely monitoring going on, the premier membership may just have become a bit of a bad part of the business model due to the fun token not having any tangible value anymore.
Honestly, if they just bring premium membership to a halt and keep the rest of the site running as usual, I would be happy with that. I'm happy to sacrifice the btc I spent on the fun tokens if it means the rest of the site continues as normal.

I need my LAMBO!! 

[FinneysTrueVision]

They decreased the rewards value (in sat/RP) due to the increase in fiat value of bitcoin and they don't consider the FUN price for that at all.
The cost to buy premimum membership has decreased while the rewards value (in fiat) hasn't changed and that may be why they don't want to credit the WOF spins anymore.

Interestingly, the rewards have gone down in fiat value. When the BTC price reached a certain level, they decided to peg the base reward amount to $0.02 so they could give less than 50 sats but we were still getting the same fiat value. After a few months, they decided that $0.02 was too much so they gradually started decreasing the value. Today the base reward is worth $0.0105, almost half. According to TheQuin, they originally budgeted for the base prize to be worth $0.008 and that was why they began decreasing the value.

The base prize was actually 0.8 cents when WoF was first introduced so you're still getting well over what we budgeted for.  

Considering the changes to the odds, the 1 cent we are currently getting, and some higher prizes on rare occasions, should still be within the original budget, but the original budget might not make sense anymore if they don’t generate enough revenue to subsidize the WOF.

[Fivestar4everMVP]

I think you should be a little be more patient. We are currently in the plain middle of the summer, when most people are on vacations. So you shouldn't expect the issue being solved within few days if they've said in their last update that "we do not yet have a time frame for a resolution". IMO we'll need to wait several more weeks, certainly till the beginning of september.

Maybe, but what makes me suspicions is the fact that the number of Premium Membership Level Days is frozen since few weeks. This is a clear sign to me that this premium feature is going to die in one or another way, or for what reason should this happen?
And what about the customers discussing here how long a deposit should take to be credited? I can not understand why someone would like to deposit something at FBC under this circumstances.

I don't know to be honest, but if they think the premium membership program costs too much money for them why they don't just lower the prizes of the WOF or lower the probabilities of the rewards like they've already done before? They could also change the price of each premium membership level or the duration between steps. They could also lower the APYs of the locked investment plans. They could do many things instead of suspending or halting the premium membership program actually.
Redarding deposits when I made a deposit 3 week ago it has been very quickly and smoothly credited to my balance.

It is one thing to make this or such changes as you have mentioned, but it's another thing entirely to still manage to keep the same number of users enjoying the premium service satisfied without anyone complaining, humans have a way they react when ever a system try to change what ever they are already used to, and I bet you that if freebitco did do any of those you mentioned, or maybe adjusted all, it would have sparked an outrage which I don't need to tell you that some users may even decide to drop out of the premium membership.

But nonetheless, doing what you said still would have been the best line of approach since the fud can only last but for a few weeks.
But then on the other hand, I am suspecting that freebitco may likely be planning to exist the market. But I am wondering why they just can't come straight to their community if this is the case.

[corrado25]

It's obvious that they just got greedy and don't want to pay, so they disabled premium accounts (WOF). I haven't gotten more than 200 WOF in the whole time. How to make them count all missed WOFs? Even if they start counting WOF again, it is not a fact that they will return all lost WOF

[Don Pedro Dinero]

It's obvious that they just got greedy and don't want to pay, so they disabled premium accounts (WOF). I haven't gotten more than 200 WOF in the whole time. How to make them count all missed WOFs? Even if they start counting WOF again, it is not a fact that they will return all lost WOF

It is even less understandable if we think that customers like me, who are not premium, still receive our daily WoF. Yesterday, I don't know why, I received 3 in my email. It happens from time to time. Not that I have high hopes for it, though, I still play the free game from time to time and the WoFs, but I doubt I'll be able to withdraw anything if the time comes.

[UserU]

It's been so long since they failed to return our remaining missing WOF spins. To think such branding had an almost impeccable record until this year :/

[ethereumhunter]

It's obvious that they just got greedy and don't want to pay, so they disabled premium accounts (WOF). I haven't gotten more than 200 WOF in the whole time. How to make them count all missed WOFs? Even if they start counting WOF again, it is not a fact that they will return all lost WOF

It is even less understandable if we think that customers like me, who are not premium, still receive our daily WoF. Yesterday, I don't know why, I received 3 in my email. It happens from time to time. Not that I have high hopes for it, though, I still play the free game from time to time and the WoFs, but I doubt I'll be able to withdraw anything if the time comes.

I also receive daily WoF but sometimes I receive 1-2 but that is enough for me. If you received 3 in your email, I consider that you are lucky enough to have that. Maybe you stake FUN token in their site so you can received WoF or you stake your Bitcoin to receive the other benefit. I also stake FUN token for 90 days but I don't get many WoF as you.

I think the number WoF will be vary so maybe that following with what happen to Bitcoin. But that doesn't matter as I still receive WoF until now like you and others. So that means we can still be lucky to receive WoF, right? I can not imagine what will happen to Freebitco.in if Bitcoin price surge to the high price. It is difficult to survive when everything is change but with their experienced so many years, they will survive and maybe there will be a new thing from them.

[hosseinimr93]

I also receive daily WoF but sometimes I receive 1-2 but that is enough for me. If you received 3 in your email, I consider that you are lucky enough to have that. Maybe you stake FUN token in their site so you can received WoF or you stake your Bitcoin to receive the other benefit.

The WOF spins you receive via emails have nothing to do with how many FUN tokens you hold. You receive those WOF spins through emails, if you have subscribed to promotional emails.
I also recevied three WOF spins through email yesterday.

[MaineHippo]

The speculation here on WOF tickets and premium is very disappointing. I've already taken a big loss on my FUN holdings to not get the rewards I bought them for and staked them for isn't acceptable.  If the program is losing them money then they should stop selling new FUN tokens and/or change the terms for newly staked tokens but honor all staked tokens prior to that date.

Otherwise its a breach of the agreement.

[hosseinimr93]

If the program is losing them money then they should stop selling new FUN tokens and/or change the terms for newly staked tokens but honor all staked tokens prior to that date.

You are right about the breach of the agreement and note that they should credit the WOF spins even if you don't stake your FUN tokens.
The only requirement for receiving WOF spins is to buy and hold 2500 FUN tokens.

[LTU_btc]

How to make them count all missed WOFs? Even if they start counting WOF again, it is not a fact that they will return all lost WOF

If we would know answer to this question, probably we wouldn't discuss this stuff for more than month.

To think such branding had an almost impeccable record until this year :/

Yeah, they had almost perfect reputation until this story. They worked hard in all these years to build their reputation and now they have ruined everything in few months :/

[uneng]

Because they charge a premium for every token sold, the current cost is 7 sats and to become a level 1 premium member it would cost 17,500 sats. When the token was 50 sats and they charged 51 sats on FBC, it cost 127,500 sats. The cost was 7x higher back then but the rewards were expected to be 11x higher. As high as the price was back then, we could recoup our investment faster.

The premium program got disbalanced after FUN price crashed. They didn't keep it fair for premium members who bought FUN when it was more expensive. As FUN lost price, they should have balanced the premium tiers costs accordingly, just like they do with faucet hourly rewards and WoF rewards.

This way they would also help decreasing the supply of FUN on the market, as more FUN would be locked or idle on the wallets.

Anyway, I don't think they even cared about making it work at all...

[STT]

The yield of the tokens still makes it a no brainer buy for some, you only have to believe the site will continue as it has done previously and also to have a use for the site to have a natural interest in holding those tokens.   The yield will repay what you put in, this will vary in the timeframe by the amounts gambled and also held on deposit.  The spins is a side bet, a bonus to keep you entertained while waiting for the full year to mature etc.

   It adds up ok for some but not all of course, most of the users of the site are probably just random public and not holding that much BTC which is normal so the spins matters alot to the average masses and its a big fail not to deliver for those very vocal masses surely.

As FUN lost price, they should have balanced the premium tiers costs accordingly, just like they do with faucet hourly rewards and WoF rewards.

Sounds like a fair idea but I'd guess its a balance sheet entry for them as a token total mass or market capitalization.  BTC altering the outcome of each spin adds stability in the result cost, for a business anything that adds stability is a big plus.   I would guess they already consider the lock and pay for doing that as the benefit to long term holders and in proportion to the amount held.   Iam wondering if the token movements are as mysterious and long term as BTC itself, hopefully we find out this is just a 2016 moment.