Author

Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 105. (Read 559500 times)

sr. member
Activity: 1022
Merit: 363
Four hours later, I already could login from a different device and from a different region/IP with the particulariry of not needing to confirm with an email's link. So, it looks like that some one is working on the system.
I also tried to login to my account again. I still get the error saying Incorrect login details and have the same problem.
As I said, I am already logged in my account on another device and I am sure the email address and password I entered was correct.

Looks like Freebitco.in is facing a lot of challenges now. Since for what I see in this thread there's a lot of user complaining a lot of things which is not really good to see. Also don't know what's happening to them and there's no one coming from their side answering questions so for sure that a lot of issues also heated up discussion will grow up especially if there's no support will handle this cases. I hope this is not the sign the Freebitco.in will come to an end since they are somehow became an institution of gambling industry in this forum and its sad to see them departing like this since they already got huge player base. So hopefully there are just minor issue happening and they came back here to settle those possible problem then help those people have legitimate issues solve those troubles what they encounter from their casino.
legendary
Activity: 2380
Merit: 5213
Four hours later, I already could login from a different device and from a different region/IP with the particulariry of not needing to confirm with an email's link. So, it looks like that some one is working on the system.
I also tried to login to my account again. I still get the error saying Incorrect login details and have the same problem.
As I said, I am already logged in my account on another device and I am sure the email address and password I entered was correct.
legendary
Activity: 2380
Merit: 5213
In which concerns logging from a different device, I would like to get your confirmations. It was because of the device or because of the IP? - this is a side to which have I never paid atention in this site and would like to be updated.
I was logged in two different devices with different IPs before. I logged out from my account in one devices and now I can no longer to log in to my account in that device.
As I said in my previous post, I couldn't receive the authorization email. Now, there's a bigger issue. I get an error saying Incorrect login details while I am logged on the other device with the same username and password.

I don't think the problem is from my IP address. As I said, I was logged in with different IPs on different devices before.
jr. member
Activity: 65
Merit: 9
Funds safety?
--
The bad:
  • The addresses quoted above are now empty, I haven't seen any other proof of address posted anywhere
  • For quite some time now (at least ~October 2023) the STATS page of the website is broken and doesn't show anymore the active users/funds held by freebitcoin nor the amount of BTC bet/won. I seem to remember that they used to also provide the last website deposits and payments that they sent, are those features broken too?
  • Somehow (thankfully) they are still avoiding KYC regulations tightening all around the world, which probably makes them completely invulnerable in case something bad were to happen to the funds!
  • The whole FUN endeavour seems to have been quite a flop and development has stalled (I know FUN and fb aren't the same thing, but they seem heavily involved/exposed)
  • The website on the EARN BTC page still says that they are using Trezor rather than Ledger as in the first sentence of the quoted text above (it's a nitpick, yes, but if that is wrong, what else is?)
  • The site seems to still be run by only two fully anonymous people (wetsuit and TheQuin)
  • Except some recent outliers the weekly lottery tickets numbers seem to have been steadily decreasing, is it sign of a diminishing user base?
  • Despite the bust of most other crypto interest-earning websites, they still offer a very solid 4.08% on the deposited BTC, which is upgradable through Premium to 5.1% for what is now very little money, compared to when FUN first launched: around 2.5k$ (it was around 15k$ when Freebitcoin+FUN was announced).
The good:
  • It seems like that most things are automated
  • They seem to operate directly in BTC (thus avoiding volatility of BTC vs fiat)
  • They have good house margins and good betting mechanisms
  • Only two people (wetsuit and TheQuin) seem to have access to the funds, which makes them more strong against internal theft
  • They have been around for a long time

I've already withdrawn my entire balance, and I think everyone here should too.

I too have withdrawn all my funds as of a couple of days ago. I didn't know there were this many problems and possible safety holes, I just wanted to complain on the forum about the non-working website stats and more transparency.
member
Activity: 92
Merit: 36
I've already withdrawn my entire balance, and I think everyone here should too. This doesn't look good at all, at least until TheQuin comes back (which is really hopeless at this point). The website is showing signs of neglect, with the lottery list not being published, confirmation email delays, among other things.

For those having trouble being unable to withdraw because of the confirmation email, choose the default address in your profile. This won't require any confirmation or 2FA being enabled, and that's the option I went with.
copper member
Activity: 1485
Merit: 23
freebitco.in Official PR Account
🎉 [2-3-4 Triple Treat] Golden Tickets, Lottery Tickets & RP 🎉

Earn 2x Golden Tickets, 3x Lottery Tickets, and 4x Reward Points for every wager you make! Don't miss out on this incredible opportunity to maximize your winnings.



legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
Casino bankroll investment has already returned 20%-50% profit yearly to investors in the past at Crypto-Games.com, so I guess the 4%-5% APY margin offered by freebitco.in is pretty conservative considering this category of investment. For those who don't know, part of the money we deposit in freebitco.in to earn daily interest is used by the platform to fund their gambling bankroll.

- I quote this for reflexion. Just in case.

For a casino investment, offering 4% to 5% APY is quite low, in my opinion. Considering that casino investments are risky, it should be higher than that. Personally, I would take my money somewhere else where the risks are lower. In fact, banks in our country attract deposits by offering probably higher rates for time deposits per annum, so the percentage posted here is honestly quite low for an investment categorized as high risk.
Absolutely right and it's like you took the words off my mind, investing In casino's bankroll is like investing in degen meme coins; if I am allowed to compare this to crypto currency investment, the risk of doing this is very high, and looking at industry standards, risky investment usually come with a very much higher APY, this is what attracts investor to take the risk of participating in such investment, that is them making sure that the reward is worth the risk, because the more riskier something is, the more reward is pays out to those who were or are steel balled enough to take the risk.

The APY freebitco is offering for their bankroll investment is pretty low at 4% to 5%, if we should look around, we will find several investment opportunities with much lower risk compared to this, and with a much higher reward as well.

But all the same, I guess there are several people who won't even put this things in check or consider it all, they will just go ahead to invest, this is what I personally term as investing blindly, that is, investing without research.
hero member
Activity: 1736
Merit: 857
Like clockwork, every 7 days the lottery list gets published by the FreeBitco.in twitter account, except this past Sunday they did not publish it for the first time in as long as I can remember. They’ve had this provably fair system since 2018 where the ticket list gets automatically posted on twitter. Something is clearly going wrong and the community which has trusted them with their BTC deserve some answers.

They could easily make a statement saying they are upgrading their servers or something and that’s why they have problems with emails and the lottery. By staying silent it only creates speculation that they might be in the process of exit scamming.

I also noticed this yesterday. The list usually appeared after about 2 hours. And now it's been over 12 hours and there's nothing.
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
Like clockwork, every 7 days the lottery list gets published by the FreeBitco.in twitter account, except this past Sunday they did not publish it for the first time in as long as I can remember. They’ve had this provably fair system since 2018 where the ticket list gets automatically posted on twitter. Something is clearly going wrong and the community which has trusted them with their BTC deserve some answers.

They could easily make a statement saying they are upgrading their servers or something and that’s why they have problems with emails and the lottery. By staying silent it only creates speculation that they might be in the process of exit scamming.
copper member
Activity: 67
Merit: 2
Has anyone got successful in withdrawing recently?

withdrawals work if you don't need email confirmation. email with a link to confirm the withdrawal arrives with a delay of 12-24 hours
newbie
Activity: 11
Merit: 0
Has anyone got successful in withdrawing recently?
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
I tried to login to my account on a new device and I should say that I have the same problem as some other users have posted about recently. I don't get the authorization email.
It may worth mentioning that I am getting the promotional emails without any problem.

There is something wrong with their email service. I am not getting emails for when my locked token periods reach expiration. Since our premium transaction history isn’t updated in real time, I was relying on the data from the emails to keep track of my profits on a spreadsheet. I have actually not made a profit yet, after 3 years, but it was still nice to have data available to determine how much longer I need until I can finally divest from their token without such a huge loss.
jr. member
Activity: 56
Merit: 1
@THEQUINN YOUR A THIEF

Last login for @thequin may 23rd



53314860
  Wager Contest WINNER AND VICTIM

500 MR QUIN
jr. member
Activity: 56
Merit: 1
jr. member
Activity: 56
Merit: 1
I WANT MY FUCKING 500 DOLLARS THAT WAS STOLEN AFTER WINNING THE WAGERING CONTEST FIX IT DIP SHIT @THEQUINN
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
Casino bankroll investment has already returned 20%-50% profit yearly to investors in the past at Crypto-Games.com, so I guess the 4%-5% APY margin offered by freebitco.in is pretty conservative considering this category of investment. For those who don't know, part of the money we deposit in freebitco.in to earn daily interest is used by the platform to fund their gambling bankroll.

- I quote this for reflexion. Just in case.
Feel free to share your reflexion with more accuracy and details regards this matter any time you wish.
jr. member
Activity: 65
Merit: 1

Huh? so 400k users, which is what I said - tens, or hundreds of thousands of users. Looks like reading comprehension isn't your strong point.
newbie
Activity: 6
Merit: 0
there are 2 types of withdrawal verifications on freebitco.in

[1] for accounts that have been activated with 2FA = no need for confirmation-link email

[2] for accounts that haven't been activated with 2FA = confirmation-link email

=====

currently, users with accounts that haven't been activated with 2FA ARE FACING THE DELAYED VERIFICATION EMAIL!

the problem = confirmation-link email arrives 12-24 hours LATE
(you need to click the confirmation-link WITHIN 1 HOUR)

The link will only be valid for the next 1 hour.

If the payment request is not confirmed in 1 hour, it will automatically be cancelled and the amount will be added back to your balance.

=====

WHY CAN't THEY FIX THIS EMAIL PROBLEM?
legendary
Activity: 2604
Merit: 2353
They offer 4-5% APY on Bitcoin, remember that. Their investment method is different from others, they offer you a guaranteed 4-5% APY, you don't have to worry about house vs players (Bustabit on the other hand, offers you an investment option where the more the house wins, the higher profit you'll have). Also, you have to consider that Freebitco pays you daily and pays you, doesn't matter whether player beats the house or not. I think that with this terms, 4-5% APY from casino is a very good deal, especially when you can withdraw anytime you wish.
Btw as you see, their FUN token pays up to 25% but it has mostly failed, price goes down and I don't think many people are in profit because of that. FUN's APY might look more attractive but financial-wise, Bitcoin's 4-5% APY is the best.
You're right but it's not anymore a matter of big players being able to regularly beat the house and draining out platform's funds actually, it's about risks of closing the doors of the platform without warning, and exiting with part of customers funds. This risk doesn't seem to be the same as the one it use to be for me, casino representatives are quiet since several weeks now and nobody knows why, sadly. This is starting to become a bit concerning IMO, so personally I wouldn't say to someone else it is worth 5% APY to leave large amount of funds there, especially if they can't afford to lose them.
legendary
Activity: 2380
Merit: 5213
I tried to login to my account on a new device and I should say that I have the same problem as some other users have posted about recently. I don't get the authorization email.
It may worth mentioning that I am getting the promotional emails without any problem.
Jump to: