Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 12. (Read 558649 times)

It does look a gradual scam. They don't want users to take advantage of premium benefits, so they create this environment of uncertainity where nobody knows what is going to happen next. It encourages users to cashout all their funds from the platform, so they don't have to pay extra interest over users' balances, besides the fact WoF spins aren't being delivered anymore since long months ago.

This way they decrease their expenses and keep the site running for longer. Since it's still working, I suppose it's being profitable for them yet, otherwise the site would have been already closed.

Im still expecting a return to form or fix of the missing spins but perhaps Im too naive about these things but also it doesn't especially add up even if you believe any negative slant to it all.  I have mentioned before a big bank did something very similar to me, advertising something for weeks and months while refusing to honor that advert if you ever approached them about the promised service it was void but trade and advertising were two different departments, I did think it was ridiculous they saw nothing wrong with that.

Bitcoin on the other hand is acting very positively.   Above 69k it should develop well, Im still watching for a classic break and reversal then repeat.   If we went fully negative in context to prior range, losing all positive recent action which Im no longer expecting but remains as possible; at 50k we can see if the above poster is right about spins being more viable at that price.  Always a silver lining

They are still promoting FUN tokens on the website and saying that it will give free WOF spins. I do not understand shy don't they update webpage if WOF is not working anymore. Right now it is very misleading to promote something that they do not provide.

I like the last part of your comment, that is very correct and I completely agree, I believe no body is stopping freebitco from quiting the business if they are already tired, I mean, they have served the bitcoin and cryptocurrency community, as well as the gambling community very well since they moved from being just a bitcoin Faucet to becoming a gambling casino as well, they have done well and have helped on board alot of people into crypto the early days of the site, and maybe they still do even to this very day.

The platform gained not just the trust of the community, but they also gained respect and good reputation. If at all the management feel they can no longer run the platform, there is nothing wrong with quitting honorably, several platforms, exchanges have quited this way, and the management maintained their trust and reputation, freebitco can do same instead of allowing users face alot of issue and complain everyday with no solution in sight, not even a customer rep to attend to customers issues on the site.

I too think that there is no strategy being played by them or even if they are trying to play any strategy they are just losing their business and the trust of the gamblers.

First thing for every casino is operate normally and have all the functions running properly and have the withdraws and deposit smoothly. Any strategy where this normal operation is hurted , it is just the fail of the strategy in this business. I do not know whether they want to quit or not because quitting with dignity was a very easy way but to keep on letting it run like this won't help them.

You are absolutely right, alot of us started using freebitco from back when they were a Faucet and not a casino, I remember back then in 2015 when i joined the platform, I got my very first bitcoin satoshis from this site, I remember gathering the sats until I got up to $10 worth, I withdrew it to poliniex and learnt how to trade with it.

Many here have never won the lambo, and not the lottery either, and I think I remember raising this as an issue some time back, like it's suspicious that no one has ever come out to testify to winning the freebitco weekly lottery or lambo, none I know of, not even outside of this forum, and someone once told me that perhaps, the team are just giving those prizes to themselves, while making us believe it's we the users that the prizes are going to...

From all indications it is a gradual scamming mad they don't want to do at once so it is a gradual process. So we still advise nobody, nobody should deposit money into FBC again and if you have finally successfully withdraw your funds from the site abandon the account for them until they come here again to make an official announcement and clear their name to be good then people can visit the site again and participate.
Aside that nobody should involved in that site. It is a scam.

New management, who doesn't care. Some regular weekly lottos have also been forever pending.

The WoF spin fix that was promised also never came. They manually credited a couple of days here and there, but it's a simple code fix if you're willing to manage a site properly.

Even if they're not scamming anyone, it's just poor service. I'm still holding off on final judgment on these guys because I actually care and give benefit of doubt to someone I'm so loyal to, but one day this will dry out too.

Many users in this thread have never won a Lambo or weekly lottery on freebitcoin, although they have also been registered on this site for a long time. By the way, some users used the Freebitcoin site back when it was a faucet, not a gambling site.
As for the Lambo lottery draw, we should wait at least for an announcement about that to come out, and it doesn't matter who will win. Honestly, at this point, there are doubts that they just don't have enough funds to do such a draw. I hope I'm wrong about that.

That is probably the strategy they are playing currently but I wonder what good will it be to them ?
Won't it just cause a bad name to their reputation instead ?
If at all they considered quitting then they should have simply made an announcement instead.

If so, it would be another botched job. Changing the best cryptocurrency for a shitcoin, which although we can say that it is the best of the shitcoins we only have to see that for example this year it has revalued 10% vs. 60% of bitcoin. Not to mention centralization/decentralization etc. wetsuit wasn't bitcoin maximalist? I thought freebitco.in was created for that, to popularize bitcoin (besides doing business).

I am waiting for the result like you. I know it won't come out but it would be good to see the result at least. You can't help but think that maybe it will happen, maybe there is a chance and even if it is low, will I win?

I am a very old member of this site and I have never won a raffle or anything else.

In round 10 of the Lambo lottery, they didn't announce the winner until a month after the round ended. Nowadays, it's also been almost a month since the end of another round, but there is still no information from the Freebitcoin team. This time, they didn't even publish an announcement about the end of the 11th round or the beginning of the 12th round, although the new countdown on the site is going on.
I think whether the Lambo draw of round 11 will happen or not is now kind of an indicator of whether Freebitcoin can continue to operate normally or not.

I was looking at the eth stake rewards. It can get reward from 1-4% depending on the amount. (4% is a custom contract that is made with a ton of ETH.) Freebitco has the amount needed. Essentially they would be able to support rewards indefinitely AND make profit on their casino. The trade off is that ETH is less secure. It's an interesting move though.

😁 Lol, very funny but right, but lets not possibly give all up yet, things might still turn around for this platform, we can't completely right freebitco off atleast, until the website seizes to exist.

The management of this platform can wake up one morning and decide to fix all the problems user of the site have been complaining about, including fixing their customer care service as well.
So, I guess we shouldn't actually say or believe it's over, until we are really sure that it's all over.

Most probably Freebitco team have sold the crypto by exchanging them into ETH. They were transferring the coins to Bybit exchanger (pointed out by Tercio). It is obvious that they weren't transferring the funds to Bybit for keeping it there while all the issues were happening at Freebitco (including withdrawal delays).

Thank you for the update. I personally think that the base functionality is the only thing working. Which would be fine with better communication. It could be that the landscape of tracking owners and users of BTC sites has changed meaning they have to be silent. The site also said many times that they may suspend benefits if their model starts breaking/ leaking/ being unprofitable. This falls in line with the WOF being suspended. The thing that would break the site would be if the casino and withdrawals stopped working. Even interest can stop with the site still being up in good conscience, however, the owners said they would give a 30 day warning for any change in interest.

WOF is history now a days and I guess there is no one getting them these days. You can scroll up the comments and you will get to know about the probelm being faced by the gamblers at freebitco recently. 690 days is almost two years and even if you are premium level 4, it does not make any difference.


Perfectly fine with your opinion, it is your money and you have all the rights to show concern in these difficult times for freebitco. Most of the people have withdrawn their money and now will only return once the site is back with normal functions.

We only know what we can see on the blockchain, because, despite their promises, FB hasn't provided a proof of funds in years.

-Way back they used to have a normal BTC cold wallet. TheQuin used to provide proof that they had control of that address (can't be fucked to search the exact post, if you dig in my posts you might find it). That address is now empty.
-Another user found a multichain portfolio that fit the amount of BTC FB claimed to have. That wallet used to have BTC (WBTC to be precise iirc). Some of those were then converted to interest bearing ETH, and then it was mostly emptied in July towards an address that I previously judged to be of of exchange. This address now holds 3.4M FUN of the supposedly 5.8M FUN tokens locked through the website.
-Right now we have no idea where the rest of the money is.
-They have a system of hot wallets that makes it hard to trivially check where the funds come from (I think I described the system in one of my previous posts, but again, I can't be bothered to look it up right now). But if someone has expertise into digging though the blockchain automatically it could be an easy enough thing to check. If anyone is interested I am happy to share what I know right now.


I previously had compiled a recap of recap, it seems like the situation hasn't changed much (except for the fact that WOF started to work again a ~month ago and then stopped again). You can look it up here:

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I have no BTC on the site rn. I can't trust it as I used to.

None of us are getting our WOF tickets, it's done. You've got more chance of having dinner with Bin Laden than expecting some kind of news from FBC's customer support.