FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1026.

Lakai01

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Quote from: STT on January 12, 2020, 10:27:05 PM

Actually even better then that, if you gain the BTC then its even giving interest on it I guess immediately. In theory you could just take the interest as a daily free spend or gamble, etc. win forever

Maybe a little bit offtopic but if you generate interest from your coins you have very strict taxing rules in many countries, for example here in central europe.
BTC generated from interest are eg. tax eliglibe for 10 years (50% tax), which makes them not as lucrative as it seems in the first place.

STT

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Actually even better then that, if you gain the BTC then its even giving interest on it I guess immediately. In theory you could just take the interest as a daily free spend or gamble, etc. win forever

Quote

the amount of money you need to maintain the car is off the charts for a common man

Is that the case though, times past the brand was a maker of tractors but mostly these one off designs. Now Lambo is part of the VAG group, I got a feeling they have a far wider network of support possible which in theory means it might be alot cheaper to repair and replace parts but cant say I've checked. Lambo Off Road model next ? they make the worlds fastest https://www.youtube.com/watch?v=EIYPHPumKVU

mindrust

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Quote from: uray on January 12, 2020, 12:16:44 PM

Quote from: JohnBitCo on January 11, 2020, 03:49:58 AM

Why not ? Don't be disappointed if you are winning less in a month or so. Golden ticket for a Lambo is a life time opportunity and everyone should try their luck. You never know when you become lucky and won a Lambo which can change your life. I can only suggest that do not miss this life changing chance.

To be optimistic is really great, but what happens if you win the grand prize and if you are living in a different country, the import tax will be huge that you are not able to collect the prize and the amount of money you need to maintain the car is off the charts for a common man Wink

. I am also waiting to see who is going to win the grand prize.

You realize you don't have to take the car do you? You can choose to take the grand prize in bitcoins. (~25 bitcoins from the current BTC/USD rate) If you choose to take bitcoins and keep them, no paperwork, no tax nothing, unless you decide to cash out to FIAT. (depends on your country of residence.)

uray

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Quote from: JohnBitCo on January 11, 2020, 03:49:58 AM

Why not ? Don't be disappointed if you are winning less in a month or so. Golden ticket for a Lambo is a life time opportunity and everyone should try their luck. You never know when you become lucky and won a Lambo which can change your life. I can only suggest that do not miss this life changing chance.

To be optimistic is really great, but what happens if you win the grand prize and if you are living in a different country, the import tax will be huge that you are not able to collect the prize and the amount of money you need to maintain the car is off the charts for a common man Wink

. I am also waiting to see who is going to win the grand prize.

Betwrong

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Quote from: hosseinimr93 on January 11, 2020, 09:22:51 AM

It doesn't matter how much a ticket costs. It doesn't make any difference even if each ticket costs 1 mBTC.

It does matter, actually. I wouldn't buy more tickets to increase my win chance, if the price was 1 mBTC, because I don't want to throw away $8, or even more, knowing that most likely I'm going to lose anyway. But if I can increase my win chance by 200% with buying 200 sats worth of tickets, why not? I know that my win chance will still be extremely small, but I can afford losing $0.016.

Quote from: hosseinimr93 on January 11, 2020, 09:22:51 AM

So, if you think buying lottery tickets is a good opportunity because they are cheap, you are completely wrong.

For me, it's a good opportunity to have fun with participating in the lottery. I'm not that kind of person who expects winning in a lottery with buying more tickets. My first priority is to not risk more money than I can easily afford to lose. And if I win in the process, that's great, but what is more important to me is to not lose a significant amount with gambling.

jostorres

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I don't get the lambo ticket discussion. This has been talked probably millions of times even before lambo thing started for the regular lottery as well. Here is the short version, how much tickets you have both matters and doesn't matter at the same time. How could that be possible?

Well, simply even a person with 1 ticket could win the lambo, that is still quite possible because only one ticket will win and that ticket could be held by someone who only has 1 ticket, but at the same time having thousands of tickets do increase your chance to have that single one thing that wins as well, so it both matters because increases the possibility but also doesn't matter because you can have %99.99 of all tickets and could potentially still lose in the end as well.

mindrust

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Quote from: Juggy777 on January 12, 2020, 04:11:19 AM

Quote from: vella85 on January 11, 2020, 06:42:03 PM

I'm not a fan of the lottery as in 4 years I haven't won anything however if people like to play the lottery they could first build up their sats to 30k+ and then earn the daily interest and use that to buy lottery tickets each day. It will take some time if you are starting for free but if you deposit say a few hundred thousand sats you can then buy anywhere from 50 - 100 tickets daily from the interest earned while you don't need to spend the free claims that you earn and as that builds so will the daily interest.

@vella85 till date even I haven’t won anything from their lottery, and hence I have stopped collecting their lottery tickets instead now I collect more reward points (I have disabled lottery tickets if anyone wishes to do the same). Though there’re times where I see people win their lottery with very few tickets, and I often get tempted to give it a try and accordingly I have decided to collect more Satoshis this year and buy their lottery tickets and test my luck on Freebitco once again.

I used to do that when reward points had more value. I've been collecting lottery tickets instead of rw points since they reduced to price from 2sats for 1rp to 1sat for 1rp.

You need at least 100k rp to cash out. You can use them to boost your daily claims too but I don't feel the necessity.

Collecting lottery tickets instead of reward points make more sense than ever to me.

Juggy777

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Quote from: vella85 on January 11, 2020, 06:42:03 PM

I'm not a fan of the lottery as in 4 years I haven't won anything however if people like to play the lottery they could first build up their sats to 30k+ and then earn the daily interest and use that to buy lottery tickets each day. It will take some time if you are starting for free but if you deposit say a few hundred thousand sats you can then buy anywhere from 50 - 100 tickets daily from the interest earned while you don't need to spend the free claims that you earn and as that builds so will the daily interest.

@vella85 till date even I haven’t won anything from their lottery, and hence I have stopped collecting their lottery tickets instead now I collect more reward points (I have disabled lottery tickets if anyone wishes to do the same). Though there’re times where I see people win their lottery with very few tickets, and I often get tempted to give it a try and accordingly I have decided to collect more Satoshis this year and buy their lottery tickets and test my luck on Freebitco once again.

TheQuin

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Quote from: SM23031997 on January 11, 2020, 02:52:54 PM

Do anyone know how fast we can bet on freebitco.in? Can I make 10 bets per second?

That's going to depend on the speed of your device and internet latency. You can get more bets per second by running multiple instances simultaneously. From what I have seen 3 bets per second would be more realistic an expectation that 10.

Quote from: SM23031997 on January 11, 2020, 02:52:54 PM

How can I set it up in the dicebot in the programmer mode?

I see you have already found Seuntjies' thread https://bitcointalk.org/index.php?topic=307425.3120

vella85

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I'm not a fan of the lottery as in 4 years I haven't won anything however if people like to play the lottery they could first build up their sats to 30k+ and then earn the daily interest and use that to buy lottery tickets each day. It will take some time if you are starting for free but if you deposit say a few hundred thousand sats you can then buy anywhere from 50 - 100 tickets daily from the interest earned while you don't need to spend the free claims that you earn and as that builds so will the daily interest.

STT

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You are making me feel tempted for a long punt now, the range for 10k pick would be 7.5k all the way upto 17.5k then. Thats a really decent range to hit a bet, playing darts with a bullseye the size of a barn door is a game I could win though the prize is divided. Along the way in typical BTC fashion it'll swing to extremes and attract lots of contrary price predictions.
My favourite bet used to be to back 1 team and then sell that bet half way through the game while they were doing well. Even if they lost at full time, I won.

Quote from: RealMalatesta on January 11, 2020, 03:35:49 AM

I just buy bitcoins straight up and that is my gamble

Options is a form of leverage as I understand it so the further out the call, say 2021 price in this case the more expensive the option is. Right near the end they can be near free as quite unlikely, worth checking the price now as I guess its possible they sell too cheaply the 20k call when we all know it is possible. Generally I would expect to be paying a premium a bit like insurance costs me money and rarely do I celebrate that.
A famous seller of options would be Warren Buffet who took the sentiment low around the great recession and wrote high SP500 price options (its all time highs now). He had to deploy some capital but I have no doubt it paid well for him, also he is famous for running insurance.

SM23031997

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Do anyone know how fast we can bet on freebitco.in? Can I make 10 bets per second?

How can I set it up in the dicebot in the programmer mode?

hosseinimr93

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Quote from: Betwrong on January 11, 2020, 08:12:20 AM

I too receive free tickets every free roll, but since the price is only 1 Satoshi, sometimes I'm tempted to buy more myself, especially when I see that people frequently win good prizes with around 1k tickets(an amount you can't accumulate from free rolls in one week.) As for 1 ticket for every 0.00000500 BTC wagered, I decided that I'd rather buy 1 ticket for 1 satoshi, but if you play Multiply BTC game anyway, then it's a good bonus for you.

It doesn't matter how much a ticket costs. It doesn't make any difference even if each ticket costs 1 mBTC. Because you are not the only person who buys tickets at 1 satoshi.
Also, your chance will not increase if you buy tickets at 0.1 satoshi.

Assume that 200 million tickets have bee distributed among participants and each ticket costs 1 satoshi. You spend 1 mBTC and buy 100,000 tickets. In this case your chance to win the first place of the lottery would be 100,000/200,000,000=0.05%.

If the price of each ticket is 1 mBTC, your chance of winning doesn't change. In this case you will buy 1 ticket with your 1 mBTC and total number of tickets will be 2000. Your chance will be 1/2000=0.05%.

So, if you think buying lottery tickets is a good opportunity because they are cheap, you are completely wrong.
It's like that someone says I prefer dogecoin to bitcoin, because a dogecoin costs only 0.002 dollar. Instead of buying one bitcoin I can buy 4 million dogecoin. Total supply should be also considered. And in a lottery you should pay attention to total number of tickets and also the percentage of the total pool which will be awarded to winners.

Betwrong

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Quote from: slaman29 on January 08, 2020, 02:02:23 AM

@Betwrong no I didn't buy any of my tickets at all, never bought a single ticket. I got all of it from freerolls and multiply. Been slowly accumulating a big balance on the site and gambling with it, very conservatively with max amount bet 10% of bankroll and always taking advantage of RP bonus.

Oh, I see. So, in fact, I spent more money on lottery tickets than you did. I too receive free tickets every free roll, but since the price is only 1 Satoshi, sometimes I'm tempted to buy more myself, especially when I see that people frequently win good prizes with around 1k tickets(an amount you can't accumulate from free rolls in one week.) As for 1 ticket for every 0.00000500 BTC wagered, I decided that I'd rather buy 1 ticket for 1 satoshi, but if you play Multiply BTC game anyway, then it's a good bonus for you.

It's less than 2 hours left until the bets on "Wolves vs Newcastle" will stop being accepted. I bet on the Draw because I think there are good chances for that, although I know that most people predict Wolves winning the game.

JohnBitCo

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Quote from: Nadziratel on January 10, 2020, 06:27:19 AM

Quote from: freebitco.in PR on January 10, 2020, 06:16:42 AM

The Race to Cryptocurrency's Biggest Prize is Heating Up!
2,021,400 Golden Tickets Already Distributed.
Play Now to Win A Lambo.

I couldn't win a 10k sats over a month. What do you think? Can I win this car

Why not ? Don't be disappointed if you are winning less in a month or so. Golden ticket for a Lambo is a life time opportunity and everyone should try their luck. You never know when you become lucky and won a Lambo which can change your life. I can only suggest that do not miss this life changing chance.

RealMalatesta

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I am not entirely sure if risking it that much is smart. I mean I understand the need on people to make as much money as possible, I would love to make as much money as possible as well, hell we are on a casinos topic right now proving that we all want to make money, however does risking that much money is the option?

I wouldn't personally use neither trading options nor leverage or anything else but I still think price will go up as well, I just buy bitcoins straight up and that is my gamble, maybe price will go down from this price and I will be wrong but that is a risk I can take with maximum couple thousand loss, on the other hand you leverage or use options and you have a chance to lose it all in a single second if it goes wrong way even a bit, that is not a risk I am willing to take.

adaseb

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Quote from: stingray777 on January 11, 2020, 12:09:58 AM

Quote from: TheQuin on January 10, 2020, 07:51:18 AM

Quote from: stingray777 on January 10, 2020, 07:13:45 AM

20K too wouldnt be a bad bet if one were to just buy and keep for one year from the current point. What factors you think will push the price to 20k? Some say halving some say adoption by new users...

Here's an interesting thread on the subject where someone who knows a thing or two makes a good point.

Quote from: theymos on January 02, 2020, 08:11:25 PM

Some have said that this halving won't have as much effect as the last two, but it's still a reduction in monetary inflation from 3.7%/yr to 1.8%/yr, which is far from nothing, and in fact I see it as permanently bringing BTC out of the inflationary era and into the deflationary era.

Damn this makes it even crazier.. Oh LORD OF CRYPTO!!! Why art though so unpredictable?!

Jokes aside, you got any pointers on what affects BTC price? or lemme rephrase it, does anyone have any idea on how BTC price works?

Next week I think the CME will finally launch Bitcoin Options so you guys can start taking bets there pretty much speculating if you really think it will hit $20K or $100K by the end of the year.

Since the futures platform is regulated you don't need to worry about issues with empty insurance funds to cover the losses if BTC indeed does have a crazy rally from here to about $20-$100K.

However you will see when the bitcoin options launch the premium for crazy calls like $20K+ are all going to be cheap because many are fairly confident that it won't reach that high.

So buying these options is more of like a bet, basically low probability, low risk but very high reward if it actually works out. Kind of like playing dice on 5/100 odds.

stingray777

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Quote from: TheQuin on January 10, 2020, 07:51:18 AM

Quote from: stingray777 on January 10, 2020, 07:13:45 AM

20K too wouldnt be a bad bet if one were to just buy and keep for one year from the current point. What factors you think will push the price to 20k? Some say halving some say adoption by new users...

Here's an interesting thread on the subject where someone who knows a thing or two makes a good point.

Quote from: theymos on January 02, 2020, 08:11:25 PM

Some have said that this halving won't have as much effect as the last two, but it's still a reduction in monetary inflation from 3.7%/yr to 1.8%/yr, which is far from nothing, and in fact I see it as permanently bringing BTC out of the inflationary era and into the deflationary era.

Damn this makes it even crazier.. Oh LORD OF CRYPTO!!! Why art though so unpredictable?!

Jokes aside, you got any pointers on what affects BTC price? or lemme rephrase it, does anyone have any idea on how BTC price works?

SirLancelot

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There is no 20k option in the bet section? I mean its great that you think it will be 20k but the options are 5k,10k,25k and 50k. Which makes sure that anything over 17.5k goes towards 25k bet and anything under 37.5k goes to 25k bet as well so the 17.5k/37.5k range is definitely consisting of 20k and many numbers in between and definitely is a good bet that I would wager as well however I should point out once again that there is no 20k.

I personally do not bet on the price because it can literally be anything inside a year, bitcoin is too volatile for my taste to bet on something like that however if I were to bet I would probably pick 25k as well, that one has more prices in between with 20 thousand dollar range then any other price that is nearby to current one. Also another thing I realized in betting, Andrew Yang is second most wagered in DNC nominee, dude is 6th right now in polls, dunno if you guys know something I don't but he has a very very slim chance of getting it, it is 100% going to be either biden or bernie and maaaybe warren, no 4th option realistic right now.

TheQuin

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Quote from: stingray777 on January 10, 2020, 07:13:45 AM

20K too wouldnt be a bad bet if one were to just buy and keep for one year from the current point. What factors you think will push the price to 20k? Some say halving some say adoption by new users...

Here's an interesting thread on the subject where someone who knows a thing or two makes a good point.

Quote from: theymos on January 02, 2020, 08:11:25 PM

Some have said that this halving won't have as much effect as the last two, but it's still a reduction in monetary inflation from 3.7%/yr to 1.8%/yr, which is far from nothing, and in fact I see it as permanently bringing BTC out of the inflationary era and into the deflationary era.

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