BitcoinNewbie15 (OP)
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Bitcoin isn't a bubble. It's the pin!
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May 07, 2014, 11:34:38 PM |
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Do you think freebitco.in is considered gambling? I rolled the dice twice and got like 400 satoshi, but i never made any bets or deposited bitcoin in that site... Is that considered gambling? And is freebitco.in even a gambling site? Online gambling is illegal in my state... Thanks!
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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mezmerizer9
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May 07, 2014, 11:38:05 PM |
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Do you think bitco.in is considered gambling? I rolled the dice twice and got like 400 satoshi, but i never made any bets or deposited bitcoin in that site... Is that considered gambling? And is bitco.in even a gambling site? Online gambling is illegal in my state... Thanks!
Did you maybe mean freebitco.in instead of bitco.in or not? |
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BitcoinNewbie15 (OP)
Sr. Member
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Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
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May 07, 2014, 11:39:58 PM |
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Do you think bitco.in is considered gambling? I rolled the dice twice and got like 400 satoshi, but i never made any bets or deposited bitcoin in that site... Is that considered gambling? And is bitco.in even a gambling site? Online gambling is illegal in my state... Thanks!
Did you maybe mean freebitco.in instead of bitco.in or not? Oh yeah sorry about that... Fixing my post now! |
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mezmerizer9
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May 07, 2014, 11:46:14 PM |
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Do you think bitco.in is considered gambling? I rolled the dice twice and got like 400 satoshi, but i never made any bets or deposited bitcoin in that site... Is that considered gambling? And is bitco.in even a gambling site? Online gambling is illegal in my state... Thanks!
Did you maybe mean freebitco.in instead of bitco.in or not? Oh yeah sorry about that... Fixing my post now! well the rolling part, no, but you can gamble that btc you've got in second tab, so that is considered gambling. Also, try Primedice, you can request payment every one minute if you have no btc, so try that one, here: primedice.com |
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Sonny
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May 08, 2014, 04:37:30 AM |
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Do you think bitco.in is considered gambling? I rolled the dice twice and got like 400 satoshi, but i never made any bets or deposited bitcoin in that site... Is that considered gambling? And is bitco.in even a gambling site? Online gambling is illegal in my state... Thanks!
Did you maybe mean freebitco.in instead of bitco.in or not? Oh yeah sorry about that... Fixing my post now! well the rolling part, no, but you can gamble that btc you've got in second tab, so that is considered gambling. Also, try Primedice, you can request payment every one minute if you have no btc, so try that one, here: primedice.com OP mentioned online gambling is illegal at his place, and you suggest him to play on PD lol?  |
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zx81
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May 08, 2014, 04:45:39 AM |
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Maybe consider it like entering a competition. Either the faucet gives you 400 sats or more sats or none.
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TrailingComet
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May 08, 2014, 01:18:28 PM |
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freebitco.in is gambling if you play the faucet However as the inputs to play the faucets are free in effect possible maybe to argue that it's game money Not gambling until you withdraw the btc  |
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locopao
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May 08, 2014, 01:30:09 PM |
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I think gambling is something that has to do with money (money betting)
So, Freebitco.in IS NOT a gambling site since you dont pay money to play, you don't earn money if you win.
Bitcoin is not money (that'a what every one says out at the money / market world) so your possible earnings is NOT money, it's just some kind of online "coupons" that can get you free things online.
Is bitcoin illegal at your country, too?
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Bitwayup85
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May 08, 2014, 02:32:30 PM |
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I wouldn't call that gambling. I think gamble would be considered when you play at casino which has T.O.S. and is legally registered and meet all casino requirements according to the state laws. And rolling the dice for bitcoins, I don't think this is considered as a gamble because It doesn't need any casino T.O.S. registered in the state. But I'm not sure.
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andreja1982
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May 08, 2014, 08:14:41 PM |
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0,1 btc
and
red, red, black, red, red, black, black, black, red, red, black,red,red and you will have 1000BTC
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NEM NEM NEM NEM NEM NEM NEM NEM NEM
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hackjack
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May 08, 2014, 10:37:32 PM |
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dont worry your not gambling with money, your gambling with products. Its not fiat currency so you will be fine
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monbux
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May 09, 2014, 02:39:06 AM |
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Do you think freebitco.in is considered gambling? I rolled the dice twice and got like 400 satoshi, but i never made any bets or deposited bitcoin in that site... Is that considered gambling? And is freebitco.in even a gambling site? Online gambling is illegal in my state... Thanks!
I'm pretty sure it's considered gambling. Also, the faucet is not worth it unless you have A LOT of time on your hands... |
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AirC
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May 09, 2014, 04:50:51 AM |
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Do you think freebitco.in is considered gambling? I rolled the dice twice and got like 400 satoshi, but i never made any bets or deposited bitcoin in that site... Is that considered gambling? And is freebitco.in even a gambling site? Online gambling is illegal in my state... Thanks!
I'm pretty sure it's considered gambling. Also, the faucet is not worth it unless you have A LOT of time on your hands... The faucet is just a huge waste of time, when that time can be used for other ways to get btc. |
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deebob
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May 09, 2014, 05:05:09 AM |
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I would focus on growing your referral, then doing the free rolls.
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Robin_Good
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May 09, 2014, 05:41:39 AM |
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It is allowed to play online poker and holding a poker tournament In Germany, but there is ban on games with real cash prizes.
I wonder in this case BTC=money or not?
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Crossbow376
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May 09, 2014, 09:53:10 AM |
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Also, the faucet is not worth it unless you have A LOT of time on your hands...
Even if you have a lot of time, you could have spent it on other more meaningful / more profitable stuff. |
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Kprawn
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May 09, 2014, 04:40:01 PM |
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Well I also "played" on that site, and won some coins. A while ago, I won one of the "jackpots" in the "free" section and it added 0.00060000 BTC to my earnings. {That is equel to a few cents} I did not think it was possible to win any of these jackpots... just thought it was a "carrot" for your greed.  And it does pay out, but it's miniscule. If in theory, you do win the big jackpot, which i doubt, you could win +/- $ 1000 worth in BTC. If you play only with your "free" roll earnings, you not paying anything. Earnings from hourly "roll of dice" is +/- 0.00000448 {So if you never sleep and roll every hour, and win no jackpots} Daily earning is 0.00005376 BTC and that = +/- 0.02 {USD} per day at today's rate. Good luck.. Hope you win millions of BTC. Hope my calculations are correct. |
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CADguy
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May 09, 2014, 11:05:14 PM |
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Also, the faucet is not worth it unless you have A LOT of time on your hands...
Even if you have a lot of time, you could have spent it on other more meaningful / more profitable stuff. yep, faucets are just a way to introduce people to bitcoin not to distribute actualy value |
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eatingtic
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May 09, 2014, 11:12:23 PM |
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Also, the faucet is not worth it unless you have A LOT of time on your hands...
Even if you have a lot of time, you could have spent it on other more meaningful / more profitable stuff. yep, faucets are just a way to introduce people to bitcoin not to distribute actualy value This is pretty spot on, "introduce" meaning not a serious amount. |
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Tammy Chan
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May 10, 2014, 09:17:43 AM |
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Also, the faucet is not worth it unless you have A LOT of time on your hands...
Even if you have a lot of time, you could have spent it on other more meaningful / more profitable stuff. yep, faucets are just a way to introduce people to bitcoin not to distribute actualy value This is pretty spot on, "introduce" meaning not a serious amount. IMO, it doesn't worth the time to collect payment from faucets, but it may make sense if you have the ability to get hundreds or thousands of referrals. |
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