Hello, there! Didn't realise TheQuin had become the voice of Freebitco, don't think there're many more capable. I don't roll here anymore but believe me, I was spending a lot of time on this site when I first became familiar with Bitcoin. Don't even remember my original account, I think I made another in 2016 and have no idea what's happened with that
Just thought I'd stop by to say that I have a lot more respect for faucets than most. It is still the gateway to crypto for a lot of people, it was one of the many gateways for me, anyway, and I think it's good to see some good, solid, old brands associated with Bitcoin still doing very well. I see new changes and all, good for the site. And you're all right. Maybe now the handful of satoshi you earn will be worth a dollar each years from now. I always see it that way and agree that we are, after all, still early adopters.
Posts on the past couple of pages do tell me that the mystery of why people complain the most for something that's free hasn't been solved. Go figure.
Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1252. (Read 559465 times)
June 03, 2018, 09:07:12 AM
June 03, 2018, 08:58:45 AM
Is there anything on reducing the house edge or adding more games? That'd be nice to see. And getting reward points from investment earnings maybe?
Adding more games is definitely on the list. RP for deposits isn't a bad idea, I'll mention it.
I said this a short while back when someone suggested lower house edge as a promotion:
I think that the influence of house edge is given great importance on the gambling board of Bitcointalk.org but doesn't extend much further. In the fiat gambling industry the sites and physical casinos don't compete on house edge, they compete to have the best promotions and comps.
This is just a personal view of the freebitco.in business model that I've always thought is why he does it the way he does. The higher house edge allows all the giveaways. The faucet, free lottery tickets, RP etc. is what is used to promote the site and bring customers in. That's the way it works on the Vegas strip, free drinks, free dinner and if you play enough a suite for the night. That's how the casinos try to outdo each other, you won't see them advertising lower house edge because that doesn't mean anything to 99% of potential customers.
June 03, 2018, 08:37:31 AM
can't seem to find history of how much I actually wagered though, just that I played 8k rolls. Is there a way to find these stats?
Not at the moment. Improved stats is definitely one the things I'm hoping to see on the new site. wetsuit is very receptive to any suggestions, most of what I've suggested to him so far he's either already done or put on the list for when he starts the rebranding.
Is there anything on reducing the house edge or adding more games? That'd be nice to see. And getting reward points from investment earnings maybe?
June 03, 2018, 06:19:00 AM
~
Have a look at round 126. A brand new account won the 5th prize of 0.11908959 BTC with 2 tickets. They only had one free spin and got all that. Anything can and does happen in games of chance.
~
Have a look at round 126. A brand new account won the 5th prize of 0.11908959 BTC with 2 tickets. They only had one free spin and got all that. Anything can and does happen in games of chance.
~
This is really amazing. They won much more than one can win rolling 10000 on free spins (which all of us so eagerly desire). Here's the top prizes for LOTTERY ROUND 126:
Just imagine, you register, do just one roll and win 0.119 BTC with that. Hopefully they haven't forgot their login credentials, which happens frequently when we create new accounts.
Anyway it's nice to see that such lucky strikes do happen in real life. How in the world did that happen lmao just two tickets that means his very first spin and he's won it that's to good. I don't understand why would someone be interested to buy a freebitco account the original owner can always reset the password as it'll be linked to his account isn't that a big risk, don't really think buying a account should be allowed and freebitco should update their tos for that.
June 03, 2018, 06:09:19 AM
~
Have a look at round 126. A brand new account won the 5th prize of 0.11908959 BTC with 2 tickets. They only had one free spin and got all that. Anything can and does happen in games of chance.
~
Have a look at round 126. A brand new account won the 5th prize of 0.11908959 BTC with 2 tickets. They only had one free spin and got all that. Anything can and does happen in games of chance.
~
This is really amazing. They won much more than one can win rolling 10000 on free spins (which all of us so eagerly desire). Here's the top prizes for LOTTERY ROUND 126:
Just imagine, you register, do just one roll and win 0.119 BTC with that. Hopefully they haven't forgot their login credentials, which happens frequently when we create new accounts.
Anyway it's nice to see that such lucky strikes do happen in real life. June 03, 2018, 04:18:45 AM
can't seem to find history of how much I actually wagered though, just that I played 8k rolls. Is there a way to find these stats?
Not at the moment. Improved stats is definitely one the things I'm hoping to see on the new site. wetsuit is very receptive to any suggestions, most of what I've suggested to him so far he's either already done or put on the list for when he starts the rebranding.
June 03, 2018, 04:13:34 AM
reading this, makes me think about an opportunity of creating and then selling/giving freebitco.in accounts. is it allowed?
I'm pretty sure account farmers, for whatever reasons, do exist on freebitco.in site as well
looking at how massive new accounts created daily, there's a big chance this already happening
so would I be breaking any rules if I'm selling/giving out used accounts?
I'm pretty sure account farmers, for whatever reasons, do exist on freebitco.in site as well
looking at how massive new accounts created daily, there's a big chance this already happening
so would I be breaking any rules if I'm selling/giving out used accounts?
I don't think there's any rule about selling or giving away an account but having more than one account is not allowed.
IMO it wouldn't be attractive to buy accounts. If it is just to get full base reward you can just deposit $50 so that sets a price cap. The calculation is a ratio of free roll winnings against amount wagered with balance factored in as well. So any bought account just used for free rolls would end up going back to reduced rewards anyway. Brand new accounts are exempted from having that algorithm applied to them for the first 100 free rolls to help people get started.
Yeah, I don't think it's worth it to buy an account, if the $50 fee is too high for you, why would you want to pay say half of that for someone else's account anyway unless they've wagered a lot (which is unlikely to be sold). I have an old account for which I don't play much any more, but out of curiosity I saw that I already lost 0.0025 from wagering, can't seem to find history of how much I actually wagered though, just that I played 8k rolls. Is there a way to find these stats?
June 03, 2018, 04:13:16 AM
He will not get anything from FreeBitco. The people invent these games to make you belief that you will win. But unfortunately you will loose at the end.
Unfortunately you are wrong, because there are proof that people have been winning money from this faucet for years. There are even a thread dedicated to these winnings, where people are encouraged by the faucet owner to report their winnings. Just browse on over to this thread, https://bitcointalksearch.org/topic/big-wins-at-freebitcoin-1850855 and see for yourself. This guy won $200 --> http://prntscr.com/jpuhux
I have also won some of the smaller prizes on a regular basis, so I can vouch for that.
you don't have to be an expert to understand what most players are losing. The administration itself wrote that they are because of this and continue to work, it is these funds that they pay their salaries, contain servers and pay users.
Ok, so give me some examples of businesses that are operating without overheads and expenses? Why would a profit driven business want to operate at a loss? Freebitco.in started out as a Faucet and they paid the faucet payouts from the advertisement income. Since these Ad companies started to deny payment for faucet traffic, they had to source income from other sources to survive.
They started to offer Gambling & Lottery services and they also started mining to cover their expenses and to make some profits. Most of their income are paid back to users via the faucet and gambling wins and Lottery payouts and interest received from the deposits.
June 03, 2018, 12:31:15 AM
reading this, makes me think about an opportunity of creating and then selling/giving freebitco.in accounts. is it allowed?
I'm pretty sure account farmers, for whatever reasons, do exist on freebitco.in site as well
looking at how massive new accounts created daily, there's a big chance this already happening
so would I be breaking any rules if I'm selling/giving out used accounts?
I'm pretty sure account farmers, for whatever reasons, do exist on freebitco.in site as well
looking at how massive new accounts created daily, there's a big chance this already happening
so would I be breaking any rules if I'm selling/giving out used accounts?
I don't think there's any rule about selling or giving away an account but having more than one account is not allowed.
IMO it wouldn't be attractive to buy accounts. If it is just to get full base reward you can just deposit $50 so that sets a price cap. The calculation is a ratio of free roll winnings against amount wagered with balance factored in as well. So any bought account just used for free rolls would end up going back to reduced rewards anyway. Brand new accounts are exempted from having that algorithm applied to them for the first 100 free rolls to help people get started.
June 02, 2018, 05:41:34 PM
Which makes the faucet basically useless for real people like me. And no, I'm not going to deposit $50 I don't have to a site run by people I don't know.
The higher rewards are there to reward people that gamble. The $50 balance option gives an alternative to those that don't want to gamble. If you do neither then you'll probably get more from getting paid to click on adverts elsewhere.
reading this, makes me think about an opportunity of creating and then selling/giving freebitco.in accounts. is it allowed?
I'm pretty sure account farmers, for whatever reasons, do exist on freebitco.in site as well
looking at how massive new accounts created daily, there's a big chance this already happening
so would I be breaking any rules if I'm selling/giving out used accounts?
June 02, 2018, 12:53:37 PM
@TheQuin, is Myfe still working from freebitco.in here or not (just curious since you also appear to be helping freebitco.in).
A couple of months ago when wetsuit made some changes there were a lot of complaints in these threads. Myfe wasn't online for a long time and I ended up giving the trolls a hard time. Then wetsuit offered me his job. I'm assuming those facts are related.
Yeah, myfe used to come online once a day or so on the forum for quite a short amount of time. He'd only pick certain messages to reply to quite a lot as well when people had issues (mine was one of them though so that wans't too bad).
The faucet gets you a lottery ticket each time too so you could get quite a bit.
I remember having quite a hefty amount of bitcoin there once and earning the nice interest they pay there.
I remember having quite a hefty amount of bitcoin there once and earning the nice interest they pay there.
Have a look at round 126. A brand new account won the 5th prize of 0.11908959 BTC with 2 tickets. They only had one free spin and got all that. Anything can and does happen in games of chance.
And it's true that if we'd have got in sooner, we might have a lot more Bitcoin, it's also true that we would either have sold it, or regretted selling it when we got up to 20k and then are now slumped at around ~10k for the forceable.
I do so remember back in 2012 thinking if only I'd got in sooner. I'm pretty sure that everyone starting today is still an early adopter. Most of them will make the mistake you are talking about and sell out too soon. HODL, you know it makes sense.
Hodl seems like a great option since I've lost near enough to 2BTC in the past two years by doing certain things like trading (cryptocurrency and cloud mining).
I should put all my coins into an encrypted paper wallet in a vault where I'm not as happy to go and collect it every time I have an idea... (that'd keep everything healthy).
1 satoshi = 1 dollar would seem impossible but I would rate it far more likely then that for a variety of reasons, ask me if you are not aware of how that happens.
Yes, so many lost coins will mean that could be possible one day. I have to admit, when I started, 1mbtc = 1$ seemed improbable, and we're currently at around 1mbtc = 10$!
June 02, 2018, 12:30:03 PM
@TheQuin, is Myfe still working from freebitco.in here or not (just curious since you also appear to be helping freebitco.in).
A couple of months ago when wetsuit made some changes there were a lot of complaints in these threads. Myfe wasn't online for a long time and I ended up giving the trolls a hard time. Then wetsuit offered me his job. I'm assuming those facts are related.
The faucet gets you a lottery ticket each time too so you could get quite a bit.
I remember having quite a hefty amount of bitcoin there once and earning the nice interest they pay there.
I remember having quite a hefty amount of bitcoin there once and earning the nice interest they pay there.
Have a look at round 126. A brand new account won the 5th prize of 0.11908959 BTC with 2 tickets. They only had one free spin and got all that. Anything can and does happen in games of chance.
And it's true that if we'd have got in sooner, we might have a lot more Bitcoin, it's also true that we would either have sold it, or regretted selling it when we got up to 20k and then are now slumped at around ~10k for the forceable.
I do so remember back in 2012 thinking if only I'd got in sooner. I'm pretty sure that everyone starting today is still an early adopter. Most of them will make the mistake you are talking about and sell out too soon. HODL, you know it makes sense.
June 02, 2018, 12:25:00 PM
1 satoshi = 1 dollar would seem impossible but I would rate it far more likely then that for a variety of reasons, ask me if you are not aware of how that happens.
Do not limit your horizons and believe its impossible, we are all sitting at the tail end of a generational change to the dollar reserve system. Its very possible for crypto to be part of that and if you aint got much to your name by way of cash dollar money then the wisest thing to do is follow opportunity and possible growth. You know already crypto can grow a hell of alot and I do not think the story is over.
Do not limit your horizons and believe its impossible, we are all sitting at the tail end of a generational change to the dollar reserve system. Its very possible for crypto to be part of that and if you aint got much to your name by way of cash dollar money then the wisest thing to do is follow opportunity and possible growth. You know already crypto can grow a hell of alot and I do not think the story is over.
June 02, 2018, 12:22:24 PM
He will not get anything from FreeBitco. The people invent these games to make you belief that you will win. But unfortunately you will loose at the end.
You are saying a general statement, not only for freebitcoin. Most gamblers will lose at the end if they do not know how to manage their gambling habit. No one is forced to gamble, it is our own preferences whether to gamble or not.
Here in freebitcoin, there is a chance to win huge amount for free that you cant find at other places. It is from the lottery game because you cant use the free tickets to join the lottery game. Use it all the time wont make you lose at the end.
June 02, 2018, 12:18:31 PM
Hi, I'm trying to answer a personal message from TheQuin, but I have a limit of 1 personal messages per hour in this forum, another way to communicate? thanks
I don't think so. You should be able to pm him now again anyway.
@TheQuin, is Myfe still working from freebitco.in here or not (just curious since you also appear to be helping freebitco.in).
If the faucet was free to begin with, there is not much to complain about. Would be nice to have caught those faucets in the early days paying out 5 bitcoins a time :O but lack of foresight in taking that up myself is my own fault.
This place being around a long time is great for the little person because they will take a long time to get alot of BTC or have to wait a long time for BTC price to rise alot and it becomes a nice figure. I'd rather see a site like this around forever then a newer site pop up and disappear with peoples free balances also no longer available
This place being around a long time is great for the little person because they will take a long time to get alot of BTC or have to wait a long time for BTC price to rise alot and it becomes a nice figure. I'd rather see a site like this around forever then a newer site pop up and disappear with peoples free balances also no longer available
The faucet gets you a lottery ticket each time too so you could get quite a bit.
I remember having quite a hefty amount of bitcoin there once and earning the nice interest they pay there.
And it's true that if we'd have got in sooner, we might have a lot more Bitcoin, it's also true that we would either have sold it, or regretted selling it when we got up to 20k and then are now slumped at around ~10k for the forceable.
Yes, @TheQuin, took over from Myfe and he is now the official support person for the Freebitco.in thread on this forum. In my
opinion he is doing a fine job.
|| Also, I think people that join this faucet 10 years from now, will say that they wish thatthey joined this site when it paid out 20+ Satoshi per hour. If all goes well, even Satoshi's will be worth a lot by then.
June 02, 2018, 11:05:53 AM
Hi, I'm trying to answer a personal message from TheQuin, but I have a limit of 1 personal messages per hour in this forum, another way to communicate? thanks
I don't think so. You should be able to pm him now again anyway.
@TheQuin, is Myfe still working from freebitco.in here or not (just curious since you also appear to be helping freebitco.in).
If the faucet was free to begin with, there is not much to complain about. Would be nice to have caught those faucets in the early days paying out 5 bitcoins a time :O but lack of foresight in taking that up myself is my own fault.
This place being around a long time is great for the little person because they will take a long time to get alot of BTC or have to wait a long time for BTC price to rise alot and it becomes a nice figure. I'd rather see a site like this around forever then a newer site pop up and disappear with peoples free balances also no longer available
This place being around a long time is great for the little person because they will take a long time to get alot of BTC or have to wait a long time for BTC price to rise alot and it becomes a nice figure. I'd rather see a site like this around forever then a newer site pop up and disappear with peoples free balances also no longer available
The faucet gets you a lottery ticket each time too so you could get quite a bit.
I remember having quite a hefty amount of bitcoin there once and earning the nice interest they pay there.
And it's true that if we'd have got in sooner, we might have a lot more Bitcoin, it's also true that we would either have sold it, or regretted selling it when we got up to 20k and then are now slumped at around ~10k for the forceable.
June 02, 2018, 09:52:37 AM
Hi, I'm trying to answer a personal message from TheQuin, but I have a limit of 1 personal messages per hour in this forum, another way to communicate? thanks
June 02, 2018, 09:36:10 AM
He will not get anything from FreeBitco. The people invent these games to make you belief that you will win. But unfortunately you will loose at the end.
You could argue gambling is not a productive activity for you, but it is optional and if you have gifts elsewhere then go that way and hopefully you will do well. But nothing is certain in life ?
If the faucet was free to begin with, there is not much to complain about. Would be nice to have caught those faucets in the early days paying out 5 bitcoins a time :O but lack of foresight in taking that up myself is my own fault.
This place being around a long time is great for the little person because they will take a long time to get alot of BTC or have to wait a long time for BTC price to rise alot and it becomes a nice figure. I'd rather see a site like this around forever then a newer site pop up and disappear with peoples free balances also no longer available
June 02, 2018, 09:18:44 AM
Which makes the faucet basically useless for real people like me. And no, I'm not going to deposit $50 I don't have to a site run by people I don't know.
The higher rewards are there to reward people that gamble. The $50 balance option gives an alternative to those that don't want to gamble. If you do neither then you'll probably get more from getting paid to click on adverts elsewhere.
June 02, 2018, 09:07:09 AM
The rewards are only reduced for accounts that don't do at least a little gambling, buying lottery tickets or deposit to keep a higher balance.
The bots pay for captcha solves and when we reduced the reward for those accounts last time those botnets stopped briefly and weren't buying captchas. So the sites that sell captcha solves reduced their prices so the botnets were profitable again. This latest reduction really is the only thing we can do. It is targetted at accounts that really do nothing or very little other than draining the faucet. It is a gradual reduction by a very small % per day.
Whatever move you do, those botnets will keep adapting and finding ways to drain the faucet. I think the only thing you can do is lower the base reward even more for such accounts so that it isn't profitable anymore.
Which makes the faucet basically useless for real people like me. And no, I'm not going to deposit $50 I don't have to a site run by people I don't know.
Jump to: