Enriching others in exchange for fun

[Rockstarguy]

Did these people ask or pleased with you to enrich them?   (just being sarcastic tho), but you might not have held the 1 Bitcoin till it gets to today's price or value. Honestly, if you had not spend your 1 Bitcoin in freebitco, would you be able to hold it till now? I am guessing that you would have sold it before now. Whether people are still gambling or betting with Bitcoin or not, it doesn't stop the casino from being richer, gamblers are still enriching the casinos irrespective of any currency they are using (be it Bitcoin, fiat, cryptocurrencies) .

This is why gamblers need to gamble with an amount that can be afforded to lose and to make sure whatever amount is used for gambling should be an amount that won't make one regret or think about the loss in the future. If gambling with money that won't be needed, I don't see a reason why one should later think about it.

As for those who count the amount of BTC they have lost so far in gambling, there is no need to talk about it because if there was no Bitcoin, they wouldn't have held it, and even if gambling platforms were not using BTC, they would have still lost the same amount or more in gambling.

[r_victory]

I like to use USDT for gambling, or my country's currency. I only use cryptocurrencies if I can't use one of these two, I usually opt for TRX or Litecoin. Since there are many regulated online casinos where I live, I can use the local currency, which makes things easier.

It's part of life, while some have fun, others get rich. Just like when some die, get sick, get married, or get divorced (these are billion-dollar markets).

Be thankful, you just had fun! 

[rachael9385]

Imagine losing one Bitcoin and you still call it fun, maybe the person will refuse to check the price of Bitcoin today else he will break down in tears for big such a huge financial mistake. Gambling is not always fun when there is painful loss such as the OP have described. You may not be forced to gamble but assuming you knew you are in serious business, maybe you would have stopped when you knew it was not giving you the money you expected to win.

Losing one Bitcoin is crazy, I don't think things like this should be categorized as fun anymore, this is absolute insanity.  Like you said, when there's a huge loss involved gambling isn't always fun, personally I have fun with gambling when I stake Small amounts of money and aim to win big amounts. It's fun for me because I won't get hurt if I lose and if I end up winning by luck it would be satisfying to win with a small amount

[robelneo]

Online Gambling and faucets platform like Freebitco is one of those whales today, I am sure many people have more platforms in mind, especially gambling platforms, aren't we just enriching these people? This is why I hate using Bitcoin to gamble today, it's a waste of valuable asset.

Casino operators are among the few individuals or companies that profit from gambling, but their success largely depends on their popularity and reputation.
Casino operators are profit-generating companies that invest money, time, and knowledge in setting up a platform. They can also lose due to competition, and profits from being a casino operator are not guaranteed.
And it’s always your choice to play or not to play. You can’t blame casino operators for getting richer if they are not cheating their players; then it’s fair.

[ShowOff]

-

Past is Past and there's nothing we can do about it! The only reason on why we are saying that we are just that making them rich just because we have lost Bitcoin to them. Come to think that you arent that being forced to play in the first place on which means that you dont have the right to blame or telling something against them. They are business on which they've been offering service into those people who do want to gamble. I have been that able to remember into those old days that people are getting fond of dealing with that hi-lo game on which that time which martingale method is still that what make gamblers being hyped on and im also one of those people who had lost up Bitcoins on that time but the biggest part of on where i have lost tons of coins is on HYIPs and Doublers and with those fake mining shit wayback. Yes, its totally regretable because if you do tend to make up some calculation on how much you might be that able to have now when you do able to hold those coins then you are that living comfortably already.

Thats why its really that important that on the moment that you do gamble then always make sure that you would be that only making use of the amount that we can afford to lose but it cant be denied that looking back into those older years on which making up some calculations of those coins that we had lost and wasted then we do have that sense of regret and thats very normal but just like on what i have said that it would be ideal that you should be that moving on so that you wont be having that frsutration and its best that you should be focusing on whats ahead and come to think that its never been late.

Everyone undoubtedly harbors some regrets about their past actions, and in the future, they should use these experiences as a reminder to avoid repeating the same mistakes. As the wise saying goes, experience is the best teacher, and I think this experience also serves as a lesson for others to avoid excessive gambling, which leaves regrets that are difficult to forget. If 1 Bitcoin were converted at its current value, it would certainly be a huge loss.

Casinos cannot be blamed, they seek profit from their business, and they do not care about the losses of gamblers. Every gambler, wherever and whenever, should act responsibly when risking their money. Meanwhile, dwelling in regret certainly won’t change the situation. Let the past be the past, and strive not to repeat the same mistakes again in the future.

[Asiska02]

Online Gambling and faucets platform like Freebitco is one of those whales today, I am sure many people have more platforms in mind, especially gambling platforms, aren't we just enriching these people? This is why I hate using Bitcoin to gamble today, it's a waste of valuable asset.

It was very easy in those years to want to gamble your bitcoin with this platform in order to double it. It could be that these users want to double the amount immediately to reach a particular price in holdings and then sell all of their bitcoin, not knowing they’re making the biggest mistakes in their life’s. Even before we reach the price that bitcoin is today, not everyone would have been able to hold till now, many sold along the way and are just feeling bad that they didn’t hold for this long. Even if Freebitco and other similar platforms never come about doubling your bitcoin, some many people would have sold long ago even before the 2021 bull run.

I like to use USDT for gambling, or my country's currency. I only use cryptocurrencies if I can't use one of these two, I usually opt for TRX or Litecoin. Since there are many regulated online casinos where I live, I can use the local currency, which makes things easier.

It doesn’t really matter the currency we use gamble, what matters that time is the value of the money you want to gamble with. Just like choosing an available option of currency to use. You’ll go for the one with less fess and fast to process your bet with. You can always swap back to any currency after  win, it just depends on the value of the currency at the time of swapping.

[Josefjix]

Drake should come tell us the amount of funds he has spent enriching stake.com platform of he can recall them all, and I guess if he can't recall, then it's up some millions dollars he had spent on predictions that doesn't go as planned. Stake should also be among casino that had benefited and accumulated many Bitcoin from users enough. The total amount of Bitcoin stake is sitting on should be overwhelming.

[stadus]

I just laughed at the title. What are you saying? It’s not new, it’s normal in business to be profitable. So what if this website has earned a lot of Bitcoin? We don’t really know what struggles they face internally. They’re a business, and there’s no guarantee they’re running it perfectly, even if we’ve seen a lot of transactions in the past.

If you’re going to point that out, then you should also apply it to all casinos, since they also grow and get richer because we enjoy using their platforms. But as a gambler, I don’t think that way, I just focus on how to win and don’t bother with observations like that.

[Distinctin]

Whether they hold their bitcoins until now or they decided to sell them, that’s up to them because those are their profits, and profits are meant to grow and prosper their business. But whether you gamble with fiat or bitcoin, the fact that you risk your hard-earned money into gambling, you will definitely lose in the end while leaving the platform in profits. So this isn’t about bitcoin, this is all about how you instill discipline and money management into gambling.

This is a wake up call not to gamble with your bitcoin because for sure, you will only regret in the end, but gamble on your spare fiat so that if you lose them, there won’t be regretting in the end.

[coin-investor]

Online Gambling and faucets platform like Freebitco is one of those whales today, I am sure many people have more platforms in mind, especially gambling platforms, aren't we just enriching these people? This is why I hate using Bitcoin to gamble today, it's a waste of valuable asset.

It’s their business, and they expect to profit from it. Setting up a platform like casinos is not easy; the cost is too high, making it unsuitable for weak investors, not to mention the stiff competition. You don’t blame a platform after using it.
You choose to use their platform to have fun, you did enjoy it, or had a chance to make money, so don’t blame the casinos for enriching themselves, the use of Bitcoin or fiat to play on gambling is at your choice, you will feel sorry later, then don’t play at all or use fiat.

[Eternad]

Online Gambling and faucets platform like Freebitco is one of those whales today, I am sure many people have more platforms in mind, especially gambling platforms, aren't we just enriching these people? This is why I hate using Bitcoin to gamble today, it's a waste of valuable asset.

Casino operators are among the few individuals or companies that profit from gambling, but their success largely depends on their popularity and reputation.
Casino operators are profit-generating companies that invest money, time, and knowledge in setting up a platform. They can also lose due to competition, and profits from being a casino operator are not guaranteed.
And it’s always your choice to play or not to play. You can’t blame casino operators for getting richer if they are not cheating their players; then it’s fair.

I also don't understand why he puts the blame on the casino for losing his bitcoin where in the first place it was him that gambled hoping it would double.

Online casinos are businesses meant to profit from people trying their luck on gambling. It is not a charity that is obliged to provide peoople financial aid.

[imamusma]

I just laughed at the title. What are you saying? It’s not new, it’s normal in business to be profitable. So what if this website has earned a lot of Bitcoin? We don’t really know what struggles they face internally. They’re a business, and there’s no guarantee they’re running it perfectly, even if we’ve seen a lot of transactions in the past.

If you’re going to point that out, then you should also apply it to all casinos, since they also grow and get richer because we enjoy using their platforms. But as a gambler, I don’t think that way, I just focus on how to win and don’t bother with observations like that.

That's right, our perception of how casinos work doesn't change anything. They will continue to operate their businesses and strive to maximize profits over time. As gamblers, we should act responsibly, prepared to accept losses and avoid regret. I agree that it's better to focus on learning how to win, even though we realize that gambling is essentially about luck.

[mirakal]

There is a possibility that they might have used the Bitcoin instead of holding it.

Another thing, dont feel regret, because if you had won also, you will be in profit by now too. Its a two thing. Because at the end of the day, we choose to gamble, and it comes with risks. No one forced you to play those games, right?

Exactly. It’s your choice to gamble and lose your bitcoin, and Freebitco will never be accountable for that. However, if you are wiser enough not to spend your bitcoin and would have hold it instead, you will never lose your bitcoin but just a depreciating amount of fiat.

In the end, everything is a business. And you makes profits for the platform, while leaving yourself losing your valuable bitcoin.

[Finestream]

I lost more than one Bitcoin to Freebitco, rolling their Hi and Low games in 2017, I know one guy who lost 4 BTC to them too, I bet this platform has a lot of Bitcoin today, they are whales in disguise.

The year was 2017 and I can't help but think about FreeBitco and few others where it's been proven that many people lost their Bitcoin to them.

I am pretty sure that many people on this forum lost their Bitcoin this way too, I can't help but think that if we are to ask ourselves who the first whales are in this crypto space I will have to point to the likes of FreeBitco and others.

Back then many people doubled their Bitcoin this way and many lost theirs, where are all those Bitcoin today? Freebitco is still working till date, they must have big bags of Bitcoin now.

Online Gambling and faucets platform like Freebitco is one of those whales today, I am sure many people have more platforms in mind, especially gambling platforms, aren't we just enriching these people? This is why I hate using Bitcoin to gamble today, it's a waste of valuable asset.

Bitcoin at that time was not as valuable as it is today, making them not care if they spent too much of it. But now, it is doubled and becomes precious, and thinking about using it to gamble is not worth it. But this is not actually the reason why; it is addiction, and we fall into the trap. Casinos simply make attractive offers and make you (and many) gamble.

It is still to be believed that even if we use other crypto or even our local currency, if we lose control of ourselves, it will go that way…lose huge.

[alastantiger]

Online Gambling and faucets platform like Freebitco is one of those whales today, I am sure many people have more platforms in mind, especially gambling platforms, aren't we just enriching these people? This is why I hate using Bitcoin to gamble today, it's a waste of valuable asset.

Consider Bitcoin to be money and you won't be angry that you're using it to gamble because it's better sometimes to use Bitcoin instead of making use of fiats. Some platforms have good service for Bitcoin than they do for fiats and the verification process for fiats isn't as easy as it's for cryptocurrency. It doesn't matter what we're using to gamble because anything we do this, we're enriching others and sometimes others are enriching us too because when we win, It's others money that we're taking and not the caisnos money. In gambling other gamblers money are used to pay the winners and this way, the gambling platforms stays the winners from all this but there are ways we can avoid being funders of others wealth and that's by reducing our activities in gambling.

[Hispo]

...

Online Gambling and faucets platform like Freebitco is one of those whales today, I am sure many people have more platforms in mind, especially gambling platforms, aren't we just enriching these people? This is why I hate using Bitcoin to gamble today, it's a waste of valuable asset.

It is not only a Bitcoin thing, pretty much a feeling which could happen when one gamblers using an asset or commodity which does not experiment inflation and it's value tends to increase through time against the United States Dollar.
I have read stories of people who gambled using silver coins, stocks, real state and even collectibles as a wager.
Hell, there are even casinos which allow you to "deposit" valuable skins from games like Counter strike, whose value it's purely speculate, but usually increases against the USD.

That is why I only try to gamble using stable coins when I have the chance to do so, it makes things easier then comes to tracking win/losses ratio and one does not need to worry about missing out investment opportunities.

[btc_angela]

Online Gambling and faucets platform like Freebitco is one of those whales today, I am sure many people have more platforms in mind, especially gambling platforms, aren't we just enriching these people? This is why I hate using Bitcoin to gamble today, it's a waste of valuable asset.

The first crypto base gambling platform might have a lot of Bitcoin, but we really don't know what the numbers are, maybe they are whales. But I remember that Freebitco has a lot of issues in the last 3-4 years if I'm not mistaken.

So if they are whales then they shouldn't have this kind of problems about the payment? Like delayed and then many users here open up a scam accusations that either be closed and answered after days or months, or the issue continue.

In any case, we have discussions that casino are one of the use case of Bitcoin early in the days.

[Fivestar4everMVP]

I lost more than one Bitcoin to Freebitco, rolling their Hi and Low games in 2017, I know one guy who lost 4 BTC to them too, I bet this platform has a lot of Bitcoin today, they are whales in disguise.

The year was 2017 and I can't help but think about FreeBitco and few others where it's been proven that many people lost their Bitcoin to them.

I am pretty sure that many people on this forum lost their Bitcoin this way too, I can't help but think that if we are to ask ourselves who the first whales are in this crypto space I will have to point to the likes of FreeBitco and others.

Back then many people doubled their Bitcoin this way and many lost theirs, where are all those Bitcoin today? Freebitco is still working till date, they must have big bags of Bitcoin now.

Online Gambling and faucets platform like Freebitco is one of those whales today, I am sure many people have more platforms in mind, especially gambling platforms, aren't we just enriching these people? This is why I hate using Bitcoin to gamble today, it's a waste of valuable asset.

Are you just realizing that gambling using bitcoin is a waste of valuable asset? Well, good for you but I learnt about this a long time ago and stopped gambling using bitcoin, I rather will convert a small part to usdt and use that to gamble since it's a stable coin, for example, 0.01 bitcoin worth maybe $1000 and lost to gambling today, don't be surprised when that same 0.01 bitcoin would be worth $10,000 in a couple of years.

And speaking of freebitco, I don't know if to agree that the site is still working or to disagree, but what I believe most of us know is that the site is still online, and the games can be played well without issues, but where the issue now lay is in withdrawing money after winning, there are currently a handful of users who have requested withdrawal from the freebitco site and up to three weeks now, the transaction hasn't been processed.
So we can't say the site is still working until they fix all of this issues.

[Yablee0]

I lost more than one Bitcoin to Freebitco, rolling their Hi and Low games in 2017, I know one guy who lost 4 BTC to them too, I bet this platform has a lot of Bitcoin today, they are whales in disguise.

The year was 2017 and I can't help but think about FreeBitco and few others where it's been proven that many people lost their Bitcoin to them.

I am pretty sure that many people on this forum lost their Bitcoin this way too, I can't help but think that if we are to ask ourselves who the first whales are in this crypto space I will have to point to the likes of FreeBitco and others.

Back then many people doubled their Bitcoin this way and many lost theirs, where are all those Bitcoin today? Freebitco is still working till date, they must have big bags of Bitcoin now.

Online Gambling and faucets platform like Freebitco is one of those whales today, I am sure many people have more platforms in mind, especially gambling platforms, aren't we just enriching these people? This is why I hate using Bitcoin to gamble today, it's a waste of valuable asset.

My friend, don't get worked up because you lost some valuable asset in the process, as an experience dude in the system I believe and am sure you might have known that gambling is a game of lost and gain,  take it as one of those things that are involved in it, now is the right time for you to make your decisions either to continue gambling or not. But mind you, having plans of chasing your lost is what normally triggered addiction in gambling and am sure you wouldn't want that to happen, but in all make a wise decision.

[tread93]

I lost more than one Bitcoin to Freebitco, rolling their Hi and Low games in 2017, I know one guy who lost 4 BTC to them too, I bet this platform has a lot of Bitcoin today, they are whales in disguise.

The year was 2017 and I can't help but think about FreeBitco and few others where it's been proven that many people lost their Bitcoin to them.

I am pretty sure that many people on this forum lost their Bitcoin this way too, I can't help but think that if we are to ask ourselves who the first whales are in this crypto space I will have to point to the likes of FreeBitco and others.

Back then many people doubled their Bitcoin this way and many lost theirs, where are all those Bitcoin today? Freebitco is still working till date, they must have big bags of Bitcoin now.

Online Gambling and faucets platform like Freebitco is one of those whales today, I am sure many people have more platforms in mind, especially gambling platforms, aren't we just enriching these people? This is why I hate using Bitcoin to gamble today, it's a waste of valuable asset.

Oh yeah they were the first crypto casino i ever used, I won 30 bucks one time with those hi low rolls would be worth a lot more today if I had kept it in there. I think I remember them being registered in St. Martin or St Thomas or maybe The Cook Islands