winspiral
Legendary
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Activity: 1890
Merit: 1026
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October 23, 2025, 08:17:15 AM |
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I was already astonished that they could give so much at people who have never deposed...if at least they had advertising banners on the site making little money to pay dust for no depositors... If with my money systems I had promised more than my incomes: 1)...I had many more members 2)...I were in bankrupt in short time...
On other side...I cannot understand that if freebitco.in were a ponzi they have hold so long time...it is very strange this story...I suppose they have invested members' deposits in bad places...
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The incredible project to get BCRM,but incredible is not French < https://winspiral.com >Earn BCRM for free and trade them for cash or cryptomoney
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Hispo
Legendary
Offline
Activity: 1820
Merit: 2912
Leading Crypto Sports Betting & Casino Platform
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October 23, 2025, 11:19:37 AM |
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I was already astonished that they could give so much at people who have never deposed...if at least they had advertising banners on the site making little money to pay dust for no depositors... If with my money systems I had promised more than my incomes: 1)...I had many more members 2)...I were in bankrupt in short time...
On other side...I cannot understand that if freebitco.in were a ponzi they have hold so long time...it is very strange this story...I suppose they have invested members' deposits in bad places...
I don't think Freebitcoin was a Ponzi scheme from the very beginning, or even if they had planned to become one. I lean towards the possibilty of them taking bad choices with the money of their depositors and not taking options which would have helped them to remain liquid in the long term. I don't think their faucet was the actual problem which pushed them to take this direction, if anything I would blame the implementation of their FUN token, they were promising too much and tried to hold to those promises, in detriment of their liquidity in tokens and also in Bitcoin. In the worst case scenario, were were asking for investors in their bankroll as part of their efforts to avoid default, but it did not work out and decided simply to take all the money which was left and run away, which is the worst outcome for a long-standing platform like this one.
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Drazen2003
Jr. Member
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October 23, 2025, 12:25:08 PM |
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So, it looks like this is really it this time. I remember defending FreeBitco.in 2-3 years ago when almost everyone was saying they were finished, but now with my withdrawal pending for like forever  well, I'm not defending them anymore. It's a shame really, they used to be legends. Too bad they didn't have the guts to quit with some decency — announcing their exit beforehand and giving their customers a chance to withdraw funds without any complications. It's a shame. 1 year and 2 months ago they stopped to give me my WOF daily. After a couple of tickets with no result, i withdrew all my btc from there, leaving 100.000+ FUN tokens staking further. That was a mistake, best decision at that point should have been to withdraw the FUN tokens as soon as possible. There are folks here with 1+ btc having there, like a lot of folks. I have no expectation that they will process any withdrawal. Sad. It's quite unfortunate bud, really unfortunate and the worst part is that no one expected that freebitco would turn out the way it turned out due to how reputable the site was, like I would always say, this site was the very first place I earned my first satoshi from, I can never forget this for as long as I live and if not for any other reason, I would have always respected freebitco for this.. For those who still have bitcoin on their freebitco account and can't withdraw it at the moment, this is completely their fault, when this whole issue began, many of us here warned that every body who has a balance on the site should withdraw it, some did listen and did as advised, today, they are happy they did so early, others who didn't listen are the ones regretting now, I hope this teach all of us a lesson to be pro-active in taking action when ever a site we have our money on starts behaving funny. No, no, and a thousand times no. A raped woman's guilt will never be hers, even if she was warned not to go out at night. We shouldn't deflect attention and point the finger at anyone else. It's just FREEBITCO.IN. The only culprit is Frebitcoin, and I hope there's some way to pursue and prosecute them. If not, I hope they spend all their earnings on doctors.
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Cointxz
Copper Member
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October 23, 2025, 12:46:42 PM |
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No, no, and a thousand times no. A raped woman's guilt will never be hers, even if she was warned not to go out at night.
We shouldn't deflect attention and point the finger at anyone else. It's just FREEBITCO.IN.
The only culprit is Frebitcoin, and I hope there's some way to pursue and prosecute them. If not, I hope they spend all their earnings on doctors.
Your point is valid since all this shit show problem will not gonna happened if Freebitco.in continue their operation. However, you can’t blame other user for thinking that way because there’s already a red flag since last year against this casino which is being ignored just because they process the withdrawal even with delays despite bonus never fixed. Blaming is truly not gonna help to solve the problem.
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Synchronice
Legendary
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Activity: 1470
Merit: 1130
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October 23, 2025, 01:07:52 PM |
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As a team who's running 20 faucets, and been doing it since 2017 we can share a few more important details.
The longer you've been running your faucets especially since the 201X years (FreeBitco.in started around 2013) - then the higher your risk is.
It's very interesting. Running 20 faucets is a serious thing, they are 20 domains and 20 separate websites and all of them need a support who in the best case knows some technical aspects of each available cryptocurrency. By the way, since you mention that the longer you run the faucet business, the higher your risk is, why do you still run the faucet business? I read your article from freebitcoin.in and I think that it's not that risky long-term if you keep things under control and follow the advices that you listed. By the way, what do you think, why Freebitco.in didn't announce shutdown the way they announced it on freedoge.co.in? It's not really like they scam people but there are lots of delayed payments, no public announcements and so on.
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pawanjain
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October 23, 2025, 01:48:26 PM |
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Well, at least this cannot be ruled out. Figuratively speaking, they might deliberately process withdrawals for a small group of new users, who would then rush here to say that everything’s fine. However, this approach is still pointless, because if they try to create the illusion that everything is fine in this way, it will ultimately drive away the remaining users even more.
But don't you think that if a majority of the people have already said that the withdrawals are not being processed which includes the reputed forum members as well then it doesn't matter if newbies say that the withdrawals are processing correctly. People would rather believe the forum members than the newbies.
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mercadomadryn1
Newbie
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Activity: 16
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October 23, 2025, 02:54:33 PM |
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After a long time at last the premium wof issue has been fixed (at least for me). I was getting daily wofs but I couldn't play them at all.
For me the WOF was fixed about 3 weeks ago , before was broken, did your fix is recently ?? if that maybe is true ( and hope ) that there is some sort of database syncronization and fixing. Is strang that things just start working correctly, usually if is web page is abandoned it will just broke more.
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fbtcvip10
Jr. Member
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Activity: 298
Merit: 3
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October 23, 2025, 03:50:00 PM |
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After a long time at last the premium wof issue has been fixed (at least for me). I was getting daily wofs but I couldn't play them at all.
For me the WOF was fixed about 3 weeks ago , before was broken, did your fix is recently ?? if that maybe is true ( and hope ) that there is some sort of database syncronization and fixing. Is strang that things just start working correctly, usually if is web page is abandoned it will just broke more. Mine was broken for long long time, I had 3000 wofs just by getting 20 daily. They're solving the issues very very slowly.
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Mahdirakib
Legendary
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Activity: 2520
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In Search of Incredible
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October 23, 2025, 04:27:11 PM |
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For me the WOF was fixed about 3 weeks ago , before was broken, did your fix is recently ?? if that maybe is true ( and hope ) that there is some sort of database syncronization and fixing. Is strang that things just start working correctly, usually if is web page is abandoned it will just broke more.
There aren't too many features available at Freebitco. Still, a new issue arises when the Freebitco team solves an old issue. Some other users had also reported in the past that their WOF spins were working, while it wasn't working for most of the users. Anyway, I won't consider these minor changes as a positive step as long as they don't start to process the withdrawals again.
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Get-Paid.com
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October 23, 2025, 07:16:41 PM |
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It's very interesting. Running 20 faucets is a serious thing, they are 20 domains and 20 separate websites and all of them need a support who in the best case knows some technical aspects of each available cryptocurrency. By the way, since you mention that the longer you run the faucet business, the higher your risk is, why do you still run the faucet business? I read your article from freebitcoin.in and I think that it's not that risky long-term if you keep things under control and follow the advices that you listed.
By the way, what do you think, why Freebitco.in didn't announce shutdown the way they announced it on freedoge.co.in? It's not really like they scam people but there are lots of delayed payments, no public announcements and so on.
We run 20 different sites but we use Intercom to aggregate all inquires into 1 platform, so this way it's easier to provide support for all users from all sites. Regarding FreeBitco.in When they shut down FreeDoge.co.in they had full transparency with their users because they believe in their business FreeBitco.in, so they told everyone "We continue with FreeBitco.in, only this side project is closing" and that was fair enough. Today however it has changed completely. Many old faucets cannot operate normally under the same conditions like before. Back then 0.00001 BTC would be worthless and nowadays it's worth over a $1 It's a huge difference when you have millions of users signed up and your liability is so high. Many times people refer here to their FUN token or some other BS reasons, these are irrelevant! They cannot operate a faucet under the current 2026ish conditions, it's simply impossible. Your liability simply grows more and more and more, and you end up owing so many users far more than you bring in. They started processing withdrawals manually a long time ago, simply because they wanted to supervise how much they spend. But they ended up spending far more than deposits would come through. People think "The house always wins" - well, the house odds make it better for the house, but not every house wins, so many websites get shutdown. And frankly, Frankly, Unlike some "popular opinion" here - their "Betting" website was BS. It was. It has a poor design, poor graphics, looks like a DOS system in comparison to Windows from the 1990s. You have far better competitors like Stake, BCGame and BetFury who have a superior design, around the clock support team, many more games and how can anyone say they were running a gambling website so they must be profitable. People just need a reality check. They had a poor operation in place, 0 customer support, hourly faucet that was destined to fail, and we can go on and on sharing our experience how faucets operate. This is why they failed and this is why they are not paying now. You don't need to look for any other reasons, the writing was on the wall, just like we mentioned all over since March 2024.
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Tosyan12
Jr. Member
Offline
Activity: 52
Merit: 1
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October 23, 2025, 08:56:27 PM |
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Get-Paid.com is also somewhat right, although their faucets, which were impossible to collect without a huge number of referrals, are also complete crap. They're giving away XEM Steam coins, which are no longer traded on exchanges or have been delisted—at least that's what they used to do. The fact that they didn't shut down their project on October 10th apparently confirms that they didn't want to leave and abandon users from the start. Apparently, they had accumulated problems and liabilities, including those related to the FUN token and the bonuses they were giving out, and they didn't maintain the site properly. I liked their design, with its soft white tones. Regarding the faucet, they reduced the reward for new users. Since they're in a crisis that will end in collapse, they could have reduced the reward for everyone, and the problems could have been solved in the long run. But to do that, they'd have to make a choice: users or greed. They'll choose the latter. The problem of reviving this project is complicated by the fact that they have accumulated a huge number of withdrawal requests, and if they did anything, perhaps the project could be restored. The number of users making deposits won't save the situation. I think this is the end of this project.
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Get-Paid.com
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October 23, 2025, 09:39:35 PM |
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Get-Paid.com is also somewhat right, although their faucets, which were impossible to collect without a huge number of referrals, are also complete crap. They're giving away XEM Steam coins, which are no longer traded on exchanges or have been delisted—at least that's what they used to do. XEM can be easily exchanged on XT.com which has 0 KYC and it works great. Great exchange, great platform. Steam is for CSGO but any user who is asking us to change Steam to USDT can simply withdraw in USDT (or any other coin e.g. LTC, TRX) and then if the user doesn't want to play on CSGO - they can simply get it in other crypto coin. Please trust our support, we do this around the clock and do it pretty well i.e. we don't leave our users stranded. But let's leave it asides now, and touch the important topic here: The fact that they didn't shut down their project on October 10th apparently confirms that they didn't want to leave and abandon users from the start. Apparently, they had accumulated problems and liabilities, including those related to the FUN token and the bonuses they were giving out, and they didn't maintain the site properly. I liked their design, with its soft white tones. Regarding the faucet, they reduced the reward for new users. Since they're in a crisis that will end in collapse, they could have reduced the reward for everyone, and the problems could have been solved in the long run. But to do that, they'd have to make a choice: users or greed. They'll choose the latter. The problem of reviving this project is complicated by the fact that they have accumulated a huge number of withdrawal requests, and if they did anything, perhaps the project could be restored. The number of users making deposits won't save the situation. I think this is the end of this project.
You're right, and the more the time goes by they would realize they simply cannot pay everyone, this is the harsh truth behind it. This is why we changed our faucets from hourly to daily rolls and introduced several other changes. Users criticized us back in early 2024, but they can appreciate towards 2026 that we're still live. Practically, looking into things now many users are happy with this. Our oldest site Get-Paid.com is still live since 2010, we know how to keep businesses afloat, FreeBitco.in sadly didn't. They could but they simply chose to eradicate their business. Once again, if anyone wants to get any kind of resolution it would be by involving a powerful person, maybe coffeezilla on Youtube who likes to talk about scams and what happened to them, just like he did with Logan Paul. If someone has connections to this guy - get him to dig into this, he surely would love investigating this operation.
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AbuBhakar
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October 23, 2025, 09:53:27 PM |
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After a long time at last the premium wof issue has been fixed (at least for me). I was getting daily wofs but I couldn't play them at all.
For me the WOF was fixed about 3 weeks ago , before was broken, did your fix is recently ?? if that maybe is true ( and hope ) that there is some sort of database syncronization and fixing. Is strang that things just start working correctly, usually if is web page is abandoned it will just broke more. Is this info still valid? Because all this WOF spin is useless even if they distributed double the rewards if you can withdraw your balance. They might be using it to attract more user to come thinking that everything is fine by fixing their bonus then later on trap your balance that was dedicated to get the rewards. It’s funny how the casino slowly fix their backlog issue while withdrawal is still pending.
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Hispo
Legendary
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Activity: 1820
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Leading Crypto Sports Betting & Casino Platform
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October 23, 2025, 11:08:30 PM |
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So you think the minting of the Fun token by this casino does not have anything to do with its downfall, that's interesting because the timing makes me believe otherwise, honestly. They had years and years or flawless operation and problems seemed to align with the beginning of their project of their own utility token. To me the existence of FUN and the impact of it's investors have something to do with the end of the liquidity of this casino and it's inability to pay what it is due to gamblers, depositors and investors. I feel bad for those who decided to buy FUN for the sake of speculation, believing they were going to make a ton of money with the flawless reputation this casino used to have. Though, you have a point when comes to their interface for betting and gambling, competition and rivals within the market had better and more attractive games snd UI than Freebitcoin had.
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Get-Paid.com
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October 23, 2025, 11:40:19 PM Last edit: October 23, 2025, 11:52:19 PM by Get-Paid.com |
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So you think the minting of the Fun token by this casino does not have anything to do with its downfall, that's interesting because the timing makes me believe otherwise, honestly. They had years and years or flawless operation and problems seemed to align with the beginning of their project of their own utility token. To me the existence of FUN and the impact of it's investors have something to do with the end of the liquidity of this casino and it's inability to pay what it is due to gamblers, depositors and investors. I feel bad for those who decided to buy FUN for the sake of speculation, believing they were going to make a ton of money with the flawless reputation this casino used to have. Though, you have a point when comes to their interface for betting and gambling, competition and rivals within the market had better and more attractive games snd UI than Freebitcoin had. Yes, the FUN token only goes down now which makes more sense, because investors understand the reality behind it. They tried to inflate the price for a while but a lie can stay afloat only for a certain time until the true colors are discovered. This is why the FUN team always said they are not related to the site but no one buys this BS neither now. Notice how the FUN token dropped drastically on 10/10/2025 - which is super related to the almost expiring domain - super related to the faucet - super related to everything that "FUN Team" tried to contradict.
It's still a faucet, far more than a casino, because of many bots and more. They said they shut down FreeDoge because of this. Once again, They bought tons of Bitcoin back in 2012 or so - one of the smartest decisions ever made. They ran a great operation related to Bitcoin, back then it was a great business model, even the gambling, because almost no one offered crypto gambling for years. But slowly that gap was filled, the once 1st ever faucet to offer so many cool features has turned into a failing business. They could have changed the rolls, offer them daily, and/or do other things to protect their business, but they realized how f**ked up the situation is and just chose to go into silence and leave it like that. The domain was about to expire so they made sure it's not, they are still getting deposits, there are tons of naive users out there who still think this site is legitimate... It's slowly fading but it takes time. That's the story behind it, FUN is related but only indirectly ... the main issue is the faucet, it's a failing operation. When we announced the changes from hourly to daily roll we had a "bank run" on our faucets, we've seen withdrawals in crazy amounts we've never seen before ... but we honored all of them, took the bite and now things are better, we see a good increase in new users joining and we're communicating with our users all the times on our social media, chat, and we communicate here from time to time. They chose to do none of that, they couldn't even shut the doors like CoinPot did in a far fairer way - no, they chose to be cowards and hide. Fact is they renew the domain for 5 years so they are aware of their actions and they are acting like shit.
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Tipstar
Sr. Member
  
Offline
Activity: 2310
Merit: 302
bitsrace.com - 99% RTP Bitcoin Racing
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October 24, 2025, 05:35:09 AM |
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So you think the minting of the Fun token by this casino does not have anything to do with its downfall, that's interesting because the timing makes me believe otherwise, honestly. They had years and years or flawless operation and problems seemed to align with the beginning of their project of their own utility token. To me the existence of FUN and the impact of it's investors have something to do with the end of the liquidity of this casino and it's inability to pay what it is due to gamblers, depositors and investors. I feel bad for those who decided to buy FUN for the sake of speculation, believing they were going to make a ton of money with the flawless reputation this casino used to have. Though, you have a point when comes to their interface for betting and gambling, competition and rivals within the market had better and more attractive games snd UI than Freebitcoin had. Gambling part of the casino was always profitable no doubt with that. The largest culprit I believe was the use of user deposited funds. Many people deposited their bitcoins for the sake of interest provided by them. The interest was not unrealistic for a casino to provide for the bankroll investment but I believe freebitco.in used the deposited bitcoins to invest on other places. The problem started to show when the price of bitcoin went bull and passed the 100K mark. Many people decided its time to book some profit on their bitcoins. When many people withdrew, they didn't have enough of them in bitcoin. Other sectors, alts or fiat based investment didn't rose to the same degree as bitcoin did. The fall is a one thing and the irresponsible scam behavior from the operator also suggest the operator decided the funds would be enough for him to live all his life in luxury and should not bother running for a small commission from the bankroll but run away with the whole bankroll.
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dwyane36
Legendary
Offline
Activity: 3472
Merit: 2618
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October 24, 2025, 06:58:24 AM |
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Yes, the FUN token only goes down now which makes more sense, because investors understand the reality behind it. They tried to inflate the price for a while but a lie can stay afloat only for a certain time until the true colors are discovered.
This is why the FUN team always said they are not related to the site but no one buys this BS neither now. Notice how the FUN token dropped drastically on 10/10/2025 - which is super related to the almost expiring domain - super related to the faucet - super related to everything that "FUN Team" tried to contradict.
It's still a faucet, far more than a casino, because of many bots and more. They said they shut down FreeDoge because of this.
I can't recall any other token where something like this has happened. I mean, when a third party comes in, buys up and controls most of the token's supply, and the token team says they have nothing to do with it. In the case of the Fun token and Freebitcoin, it's really hard to believe that the Fun token team is not involved.
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Hispo
Legendary
Offline
Activity: 1820
Merit: 2912
Leading Crypto Sports Betting & Casino Platform
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October 24, 2025, 10:41:17 AM |
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When we announced the changes from hourly to daily roll we had a "bank run" on our faucets, we've seen withdrawals in crazy amounts we've never seen before ... but we honored all of them, took the bite and now things are better, we see a good increase in new users joining and we're communicating with our users all the times on our social media, chat, and we communicate here from time to time.
They chose to do none of that, they couldn't even shut the doors like CoinPot did in a far fairer way - no, they chose to be cowards and hide. Fact is they renew the domain for 5 years so they are aware of their actions and they are acting like shit.
I believe they realized things were going to hell too late to apply those changes and only allow people to have a single roll per day, instead of their model of one roll per hour. It could have decreased their money going out their wallets up to twenty three times faster than it currently was, but they perhaps realized the eventually bank run would have put them out of business in a blink of an eye. So they decided to take the less moral options of all of those available for them at the time and stopped giving people money which was due to them. Honestly, I have not used faucets in a very long time, so I was not aware most of them started to struggle with their business model, I remember to used Coinpot back in the day and had a good experience with their little faucet, I had no idea it had closed down for good, doing the right thing and giving people all their money in the process. I would have sworn they continued to operate to this day...
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AFUcrania
Jr. Member
Offline
Activity: 154
Merit: 1
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October 24, 2025, 11:06:44 AM |
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Many old faucets cannot operate normally under the same conditions like before.
Back then 0.00001 BTC would be worthless and nowadays it's worth over a $1
It's a huge difference when you have millions of users signed up and your liability is so high.
Many times people refer here to their FUN token or some other BS reasons, these are irrelevant!
They cannot operate a faucet under the current 2026ish conditions, it's simply impossible.
Your liability simply grows more and more and more, and you end up owing so many users far more than you bring in.
It would be more profitable for Freebitcoin to operate now than before, since they previously accumulated large amounts of BTC for small amounts of dollars. If a user now needs to spend $100 to deposit 0.001 BTC, Freebitcoin previously received hundreds of times more satoshi for that $100, perhaps 1 BTC in the early stages. Since Freebitcoin didn't pay in dollars but only satoshi, as the price rose BTC , they accumulated hundreds, perhaps thousands, of Bitcoins.
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Get-Paid.com
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October 24, 2025, 11:26:29 AM |
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It would be more profitable for Freebitcoin to operate now than before, since they previously accumulated large amounts of BTC for small amounts of dollars. If a user now needs to spend $100 to deposit 0.001 BTC, Freebitcoin previously received hundreds of times more satoshi for that $100, perhaps 1 BTC in the early stages. Since Freebitcoin didn't pay in dollars but only satoshi, as the price rose BTC , they accumulated hundreds, perhaps thousands, of Bitcoins.
It's not. Old users put them in far higher liability. Less users deposit because of the growing competition. You see how every week there is a new site here in the gambling forum. The amount of depositors in 2026 vs 2015 for example is next to none, back then they had tons, now it's only shrinking. People forget their gambling interface is really not great, it's not attractive, however you wanna try to sugarcoat it, it's not, just take it as a fact, simple as.
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